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The resort was located within the unincorporated village of Broadmoor until it was annexed into the city of Colorado Springs in 1980. Following attempts to revert the annexation legally, the Colorado Supreme Court upheld the annexation in 1982. [23] The third golf course was designed in 1976 by Ed Seay and Arnold Palmer. [14]
The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
The Chico Basin Ranch is owned and overseen by the Colorado State Land Board. [4] The Colorado State Land Board was founded in 1876 to manage land given by the federal government to the state and creates revenue for some of the state’s foundations and public education. [5] [6] Cattle first grazed on Chico Basin lands in the mid-1800s. [7]
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Xanterra Travel Collection (formerly Xanterra Parks & Resorts, Amfac Resorts and Amfac Parks & Resorts) is a privately owned American park and resort management company based in Greenwood Village, Colorado. The company is controlled by Denver-based entertainment magnate Philip Anschutz. [1]