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Park City's open space funds are all spoken for

(Salt Lake Tribune) Park City is scraping the bottom of its open-space fund, but may have found enough money to purchase yet another conservation easement on a key piece of ground along its eastern entry corridor.

The city council must still approve the $5.75 million deal, cobbled together with the nonprofit Summit Land Conservancy for 121 acres of agricultural land owned by the Osguthorpe family. It could approve the measure as early as Thursday evening.

The acreage, near the intersection of U.S. Highway 40 and State Route 248, is the last piece of a puzzle that will keep the area west of Park City's indoor ice rink and recreation center from being developed.

"The economic future of Park City isn't just what we build, but also what we don't," said Mayor Dana Williams. "That's why people come here."

Over the past two decades, Park City voters have passed $40 million in bond issues to purchase open space.

All told, Park City has purchased or otherwise preserved more than 7,000 acres of open space, the mayor said. That eliminated construction of about 1,000 houses and an additional 1 million square feet of commercial space, he said.

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