Peak Adventures is seeking a loan of up to $120,000 from Associated Students to purchase river rafting permits from a different venue than originally planned if ASI passes a piece of legislation at the Dec. 8 board meeting.

The original legislation introduced by Director of Engineering and Computer Science Meika Stoddard passed on Sept. 29, allowing Peak Adventures to begin negotiations with River and Rock Adventures with the intent to purchase the company.

Since that time, Peak Adventures has received another opportunity from the University of California at San Francisco and decided not to purchase River and Rock Adventures.

Peak Adventures Director Jael Young said purchasing the company was going to send Peak Adventures over its budget because the owners of the company were not willing to sell the company without including the 15-passenger vans that are no longer allowed to be used by organizations at Sacramento State.

Stoddard said the new program is a better fit for Peak Adventures because it will only include the purchase of permits for the American River and the gear needed to lead rafting trips.

The actual cost will be determined before the Dec. 8 vote, but Stoddard and Young said the cost will be much less and will leave enough extra money for Peak Adventures to purchase new vans to transport rafters to and from the river.

The program at UC San Francisco decided to sell its rafting permits because the school is too far from the river to make a large profit from the rafting trips.

Young said the program has been outsourcing rafting trips to UC San Francisco and now the roles will be reversed, which will bring in added revenue for Peak Adventures.

Director of Finance Randy Morgan said the venture “provides ASI a new possible revenue stream and provides the university with more visibility in the community.”

Morgan hopes to get the legislation approved at the Dec. 8 board meeting so the contract can be signed and Peak Adventures can move on and begin offering trips.

Hunter Merritt, a manager at Peak Adventures, said there are members of the Peak Adventures staff who are already trained to be rafting guides so trips will probably start as early as April, but that the bulk of the trips will be during the summer months because that is the peak season for river rafting.

Merritt said that Peak Adventures hopes to have in-house raft guide training to give interested students the opportunity to work on the river over the summer.