State officials approved a lease for Tamarack Resort's ski area in about as long as it takes an expert skier to go from the top of the mountain to the bottom.
The five members of the Idaho Land Board voted unanimously at a special session Thursday to transfer the 2,100-acre lease to a company called New TRAC.
New TRAC acquired the lease following a sheriff's bankruptcy sale in March.
The lease costs about $278,000 annually, far more than the $80,000 the land would generate if it reverted to timber harvest.
Gov. C.L. "Butch" Otter says he's hopeful New TRAC will be successful and becomes yet another reason for tourists to visit Idaho.
New TRAC spokesman David Papiez says the resort that can now focus on the ski season.