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  • (Park Record) The City Council has nixed City Manager Tom Bakaly's proposal to raise the property-tax rate by 6 percent, an idea that had drawn widespread criticism from Parkites.

    Bakaly had wanted the elected officials to raise the rate in City Hall's upcoming fiscal year, which starts in July. The city manager had argued that the money from an increase in the property-tax rate would stabilize City Hall's budget.

  • (Park Record) After this year, The Colby School will be no more.

    The board of The Park City Day School has decided it cannot justify spending $400,000 a year to maintain a campus at 3770 State Route 224, said Head of School Charles Sachs in an interview Thursday.

    "It was not an educational and not a philosophical decision, but a financial decision," he said.

    The choice was difficult emotionally, said Board Chair Kristi Cumming in a press release.

  • (Park Record) United Country U.S. Auctions and Realty is holding a Park City luxury property auction on May 1 at the Park City Marriott.

    President and CEO Doug Free hopes to duplicate the success of auctions held earlier this year for vacation condominiums. Free says he's lined up a far more diverse portfolio for Saturday with the help of several brokerages.

    Free's corporation has been doing real estate auctions for decades, but this is his office's first Park City event.

  • (Park Record) Things are looking up for Realtors.

    During the first quarter of 2010, Realtors sold nearly twice as many properties worth more than double the dollar volume from the first quarter of 2009.

    It wasn't hard to surpass the dismal figures from early 2009, but selling 325 units worth $303 million would have been a respectable quarter not too many years ago. These increases were true for all property types, according to the First Quarter Report from the Park City Board of Realtors.

  • (Park Record) In 2008 Barbara Zimonja was at the top of her game. She was inducted into the David Eccles School of Business Hall of Fame and she was President and CEO of Premier Resorts International, a property management firm that handled 2,500 units in nine states. In Park City, where her company was headquartered, she sat on numerous community boards and was known as a generous employer who had built a small cleaning company into one of the area's biggest and most respected lodging firms.

    By the end of 2009 her business was in ruins.

  • (Park Record) Mayor Dana Williams and the Park City Council have commemorated the Fair Housing Act, 1968 legislation that guarantees rights of minorities in homes sales and rentals.

    The elected officials recently proclaimed April as Fair Housing Month in Park City, revisiting similar declarations from City Hall in previous years. The 2010 proclamation notes the act is 42 years old. It says "we must, as individuals and as people, take our stand to provide equity for all, including equal opportunity in housing a reality in our community."

  • (Park Record) Park City's construction industry in March enjoyed its best month of 2010, City Hall's Building Department reported, indicating that alterations and additions to existing structures pushed up the month-end tally.

    According to the Building Department, 41 permits valued at a combined $2.8 million were issued in March. The value topped the total of the January and February figures put together.

  • (Park Record) Mayor Dana Williams and Park City Councilwoman Liza Simpson -- a onetime high-ranking homeseller and a store manager on Main Street -- were tapped Thursday night to lead City Hall's upcoming Treasure negotiations with the Sweeney family, pivotal assignments that thrust the two into what will be closely watched talks with, potentially, tens of millions of dollars at stake.

  • (Park Record) The Park City Public Works Department earlier in the spring broke ground on a major expansion of its bus barn, putting up a building on the department's Iron Horse Drive grounds that is critical to the long term functioning of the transit system.

  • (Park Record) Owners of Park City units in nightly rental pools are under closer scrutiny this year, but it's for their own benefit, explained a report by Chief Building Official Ron Ivie to Mayor Dana Williams and the Park City Council this week.

    Prior to Dec. 29, 2009, only property managers were listed on the business licenses for nightly rental units. The past year has seen hundreds of Park City condo owners change property managers, thereby requiring a new business license and building inspection.

  • (Park Record) Complaints about road construction can be a self-fulfilling prophecy for businesses, says Vic Saunders, spokesman for the Ogden region of the Utah Department of Transportation.

    That's a message Park City officials plan to echo at a marketing meeting April 21 from 4:30 to 6 p.m. that Bonanza Drive business owners are encouraged to attend at the Park City Marriott on Sidewinder Drive.

    Starting in mid-June, Bonanza Drive will undergo a major renovation through November. Many fear sales will sink during the an already tough economy.

  • (Park Record) When the recession began changing American commerce and lifestyles in fall 2008, people were hoping to find the bottom. Most economic experts agree Utah and the nation are now there, but it's nothing to celebrate.

    The March report from the Utah Department of Workforce Services' senior economist Mark Knold said the state's unemployment rate is now 7.1 percent. In February, there were 2.3 percent (or 27,700) fewer jobs than the year before.

    For the first time in several months, Summit County's rate is less than the state average at 7 percent.

  • (Park Record) One day Park City voters might be faced with a ballot question that reads something like this: "Shall Park City, Utah be authorized to issue general obligation bonds in an amount not to exceed $40 million to acquire and forever preserve the park and recreational land commonly known as the Treasure parcel?"

    Or could the figure be $30 million. Perhaps it could be $50 million.

    Or more. Or less.

  • (Park Record) The Park City Police Department in 2009 received, on average, nearly two complaints of fraudulent activity each week, only a slight increase from the year before but a figure that illustrates the continuing misery wrought by the recession.

  • (Park Record) Six construction firms have qualified to submit bids for the renovation of the Racquet Club, a City Hall official said, indicating that another seven that showed interest in the project did not advance past the qualification phase.

  • (Park Record) Go on in all Utah Realtors are encouraged to hold open houses this Saturday.

    When the federal home-buyer tax credit was about to expire last November, there was a spike in real estate sales nationwide. On April 30, the extension will expire so the National Association of Realtors is promoting a day of open houses on April 10.

  • (Park Record) Park City architect Hank Louis has been doing his part to change the world, and recent changes will allow him to triple his efforts.

    Since 2000, Louis has been leading University of Utah students in both designing and building projects.

  • (Park Record) An overhaul of one of the busiest roads in Summit Park is scheduled to begin in June.

    "We have a major reconstruction that we're planning on a portion of Parkview Drive in Summit Park," Summit County Engineer Derrick Radke said.

    With a budget of about $350,000, the road repairs will reconstruct about 1,800 feet of Parkview Drive between Parkview Terrace and Aspen Drive.

  • (Park Record) Mike Sweeney, one of the three Sweeney brothers leading the family's efforts to build Treasure, told Mayor Dana Williams and the Park City Council Thursday night the Sweeneys are willing to enter into negotiations with City Hall that could result in a conservation deal for the Treasure land.

  • (Park Record) At the height of the building boom, the Jack Johnson Company employed 135 people in six offices across the country. Clients spanned the globe and the brand was recognized in development circles.

    Another victim of the recession, it is now "winding down," explained founder Jack Johnson on Monday.

    When building stopped in 2009, the company fell out of favor with its bank. After intense negotiations, the people who held the purse strings eventually turned them down ending a 35-year run.

  • (Park Record) On Monday, Talisker Corp. announced its purchase of The Dakota Mountain Lodge at The Canyons. It plans to rename it The Waldorf-Astoria, Park City.

    The Hilton International-run hotel now joins the Grand Summit Lodge, Sundial Lodge, Silverado, the Escala Lodges and Vintage at the Strand as official resort lodging, explained Talisker spokesperson Lisa Roskelley.

  • (Park Record) Brigitte and Mac Macaalay have been married for 27 years, leaving their homeland of the Philippines about a decade ago for the United States.

    The wife, 50 years old and a jewelry salesperson at Walmart, and the husband, who is 56 years old and a bellman at the Deer Valley Club, have rented in the Park City area for a decade. They have never owned a place.

  • (Park Record) The Parley's Summit development The Woods of Parley's Lane recently announced it has re-priced home sites and selected Deanna Carter and Peter Linsey of Summit Sotheby's International Realty as its exclusive realtors.

    Original Article

  • (Park Record) According to Ski Area Management Magazine, Brian Head is for sale for $34.75 million. The March 26 article quoted CB Richard Ellis' Land Services Group saying the resort averages 141,000 skier visits and total revenue from ski operations averaged more than $6.8 million over the past three years. "The listing includes a 1,744-acre entitled, mater-planned community, which includes 618 acre feet of associated water rights, plans for up to 1,350 residential units, 500 acres of additional skiing and golf.

  • (Park Record) The Park City Planning Department has tightened its policy about walk-in conversations with staffers, limiting the period when someone may approach a planner without an appointment.

  • (Park Record) Park City's construction industry through the first two months of 2010 posted just less than $1.3 million of work, a figure that is well off the pace of the previous year.

    It has been rare in the past decade that a two-month tally is as low as the approximately $1.3 million that was posted between January and February. Although January and February are typically slow months in Park City's construction industry, the 2010 total thus far could be worrisome to City Hall and the industry. Through the same period last year, the total was $30.6 million.

  • (Park Record) An ongoing 3rd District Court case that began in 2007 reveals a snapshot of the kinds of real estate speculation blamed for causing the recession. The case involves former Park City Planning Commissioner Evan Russack and a possible state investigation of a local developer.

    According to the lawsuit filed by Park City developer Andy Levine against a Hollywood-based chef named Robert Lamkin, Lamkin agreed to be an investor for Levine. They began building homes on lots in Deer Valley and at Promontory in 2005.

  • (Park Record) In an affidavit filed at City Hall recently, Mayor Dana Williams indicated he remains a licensed real estate agent nearly two years after he stepped down from a high-level position in the industry.

    The affidavit lists potential conflicts of interest and is required annually of Williams and the members of the Park City Council. The mayor's did not provide details about his role in the real estate industry. He said in an interview, though, his name is listed in a network of real estate agents.

  • (Park Record) A statewide architectural group has honored the design of the Sky Lodge, one of Old Town's largest buildings.

    The Utah chapter of the American Institute of Architects bestowed a merit award on the Sky Lodge, the second-highest award that the group gives out each year. The Sky Lodge was one of four buildings that won merit awards, with the Swaner EcoCenter in the Snyderville Basin being another one.

  • (Park Record) The Zermatt Resort appears to be in serious financial trouble.

    Located in Midway, the condo hotel is popular for meetings and conventions with a list of awards many Park City companies would envy. It regularly achieves four-star and four-diamond status and received 14 "Best of State" awards over the past three years.

    But since the recession began in 2008, the managers of the Midway property have struggled to pay almost $340,000 in taxes to the Wasatch County Treasurer's Office and almost $114,500 to the State Tax Commission.

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