Angel Fire property owners have voted to create a Public Improvement District (PID) to oversee financing and installation of improvements to 847 undeveloped lots with the Angel Fire Resort. Formation of the PID required a supermajority of 75 percent approval, but when the results of the vote were announced Wednesday, April 23, over 84 percent of the voters had voted to approve the PID. With the voter's approval to move forward, the next step will be to form a PID Board to oversee the construction process.

Some property owners have expressed their intention to protest the voting process through procedures established by the State of New Mexico for contesting elections.

Angel Fire's Village Council and administrators are aware that some voters have issues with the election process. Angel Fire's Village Administrator has stated that upon advice by legal counsel, the Village Council feels the issues are of insufficient magnitude to overturn the election results and will proceed forward with the PID project as planned.

PID lot owners have been given the opportunity of paying the cost to install infrastructure up-front or to pay an assessment over the period of 30 years. Many owners of PID lots are willing to sell at bargain prices to avoid paying the assessment. Potential buyers who are content to postpone building for a few years, may find some great deals on property within the Angel Fire Resort if they are willing to do the math to determine whether buying a PID lot makes wise money sense.

Give our agents at New Mexico Mountain Properties a call today to determine whether a buying a PID lot in Angel Fire makes sense for you. There are some fabulous deals on the market on lots in Angel Fire with or without utilities. It is a buyer's market for Angel Fire Real Estate....the best kept secret in the Rockies. Don't miss this opportunity to buy real estate in Angel Fire while prices are still affordable. We are here to serve you whether you are buying a lot in Angel Fire, larger Angel Fire acreage, or the Angel Fire mountain home of your dreams.

The Angel Fire Resort annouces its Spring Break Fling March 23-30, 2008. A great time to ski or snowboard at the Angel Fire ski mountain. The mountain is 100% open and conditions are fabulous! The package is priced at $69.00 per person, per night inclding slopeside lodging and lift ticket. Stay 3 or more nights before March 30th and get a round of golf with cart. For more details or to book a reservation call 1-800-633-PINE.

While you are here, why not arrange a time to take a look at the wide variety of Angel Fire Real Estate. Whether you are looking for a ski-in/ski-out Angel Fire lot, or an Angel Fire condo, vacation home in Angel Fire, or land in Angel Fire to build your dream home...stop in at the New Mexico Mountain Properties office located at the junction of Highway 64&434 - the log home at the blinking liht. Our knowledgeable agents will assist you to SKI TODAY & STAY FOREVER!

On Thursday, February 14th, the Village of Angel Fire Council unanimously voted to approve the Public Improvement District (PID). The PID has been formed to improve infrastructure (water, sewer, phones, electricity and roads) to 850 lots owned by Angel Fire Resort, and private home and landowners.

An election will take place within the next 90 days and property owners (within the identified PID area) will get the opportunity to vote for or against the PID. Should the PID be approved, the property owners will be assessed a levy ranging from $30 to $8,073 annually for over 30 years, depending on the type of improvements made. Each property owner gets one vote for every one-fifth acre and renters will also get one vote per rental. It is estimated that the Angel Fire Resort owns one third of the property within the PID.

The Village council also appointed a five member governing board for the PID. The tentative timeline is as follows: Design and engineering is to be complete by this summer, the special levy will be included on property tax rolls by December 2008, bonds will be issued in March 2009, and construction will begin shortly thereafter (Spring 2009).

Dan Rakes, general counsel for the Angel Fire Resort, said the formation of the PID is definitely a reason to celebrate! He further stated, "The opportunity for growth and economic development ahead of us now clearly rests with the votes of property owners in our valley. It's incumbent upon the affected property owners to approve the district, as this is our best chance to move forward with a plan experts agree is the right one for providing the long awaited infrastructure to these lots and enhancing the standard of living for our community as a whole."

Angel Fire has been named as the fastest growing community in New Mexico and definitely one of the most beautiful places to live in the southwest! Gorgeous mountain homes and large land parcels are interspersed throughout this breathtaking ski resort. There are ski-in, ski-out condos in Angel Fire that are very reasonably priced. The vacation homes in Angel Fire range from "fixer-uppers" to architecturally designed brand new construction. Land in Angel Fire is still available with breath taking views! Should you want to further explore real estate in Angel Fire, please take a look at www.HighMountainProperty.com!