Stowe gondola
Jared C. Benedict/Wikimedia

Stowe Mountain Resort in Vermont is being purchased by the Colorado-based Vail Resorts for $50 million.

The resort community of Stowe, Vt., will be getting a new multimillion-dollar ice rink.

Town officials say the current arena is suffering from some structural problems. They have been looking at replacing it for about a decade.

Residents narrowly voted down the proposal for the rink last year. But they voted in favor of it in March after a successful campaign.