Famed Nevada hot springs celebrating 150th

CREATED Jul. 16, 2012

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RENO, Nev. (AP) -- Carson Valley's most famous hot springs is getting ready to celebrate its 150th anniversary.

Built in 1862, David Walley's was on the verge of fading into history itself two years ago.

That's when a partnership led by the founder of the Branson, Mo.-based Summer Winds Resort   stepped in to buy the troubled property.

CEO Pat Joyce tells the Reno Gazette-Journal they did it as a favor to their lender, Bank of America, who approached them about a possible deal. He says they flew out for a visit and immediately recognized the potential.

So far, the company has spent about $3 million on the makeover, including renovation of the restaurant and improvements to the outdoor mineral pools.

Saturday's 150th birthday party will include a barbeque and free concert.

Information from: Reno Gazette-Journal, http://www.rgj.com