new lifts, including a triple chairlift in 1981. In 1989, GAR negotiated a deal with International Broadcasting Corporation (IBC) to sell the Vernon Valley/Great Gorge ski resort for $50 million. IBC backed out of the deal after inspecting the property. In 1995, GAR filed for bankruptcy. In 1996, only Vernon Valley opened, with Great Gorge North and South closed due to bankruptcy. Before the 1997 season GAR shut down Vernon Valley/Great Gorge and Action, Park. In 1998, the remaining assets of Great American Recreation were divided and sold. Eugene Mulvihill Sr. retained control of the Great Gorge golf and hotel area of the resort, which was renamed Crystal Springs Resort. The three ski areas and Action Park were sold to Intrawest, a Canadian-based owner and operator of ski resorts. The 2000s: Mountain Creek under Intrawest Intrawest renamed its holdings Mountain Creek and began to refurbish the resort. Intrawest removed 11 of the 13 lifts, replacing them with a gondola, known as the Cabriolet, along with two chairlifts and multiple-fix grip chairs. The Great Gorge Lodge was updated and renamed Mountain Creek South Lodge. Intrawest also installed more than 1,600 new snow guns throughout the mountain. The new resort opened in December 1998. Intrawest also began construction on Action Park, removing all the amusement rides except for the Alpine Slide and Bungee Tower, as well as the Motorworld section of the park, and began work on the Waterworld section of the park. The water park reopened as Mountain Creek Waterpark in the summer of 1998. Intrawest drafted a master plan for the resort, whose centerpiece was an expansive residential and shopping village, a staple of Intrawest resorts, but which never happened. Included in the village plans were a conference center, hotels, condos, townhouses, shops and restaurants. On the mountaintop was to be a golf course surrounded by a hotel and condos. This mountaintop development was scrapped, however, as the land that it was located on was sold by the State of New Jersey to Mountain Creek's previous owners, Great American Recreation, with a deed restriction that stated the land was to be used only for passive recreation, such as fishing, hiking and camping. Intrawest then sold the land back to the state for $7 million and permission to expand skiing on portions of the mountain where it was previously prohibited. On October 10, 1999, the 31-year-old Vernon base lodge was destroyed