Local News Hour – January 16, 2018

Park City Planning Director Bruce Erickson with an update on Treasure at Wednesday’s meeting.

Bruce starts at around 1:40 minutes into the segment.

http://kpcw.org/post/local-news-hour-january-16-2018

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Treasure Hill Development Shares New Size Options

Park City taxpayers, in November, will vote on a $24 million bond initiative which would be used to buy down the size of the Treasure Hill project.  On Wednesday, Park City 2, LLC presented an outline of their revised development plans and the Planning Commission is encouraged with what  they see.  Carolyn Murray has this:

http://kpcw.org/post/treasure-hill-development-shares-new-size-options

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Local News Hour – January 10, 2018

Assistant Park City Manager Matt Dias has a preview of the agenda for Thursday’s city council meeting.

http://kpcw.org/post/local-news-hour-january-10-2018

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PC Planners Invite Public Comment On Revised Treasure Hill Plan

The Park City Planning Commission will take up the revised Treasure Hill proposal at its Wednesday meeting.  But although public comments are invited, there are still no specifics to comment on.  Leslie Thatcher tells the story:

http://kpcw.org/post/pc-planners-invite-public-comment-revised-treasure-hill-plan

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Treasure talks unfold at a quickened pace

Park City officials on consecutive days this week are scheduled to discuss a reworked idea for the Treasure development proposal, continuing a fast-paced set of discussions as the sides attempt to make critical decisions about the long-disputed project.

City Hall and the Sweeney family in late 2017 reached an agreement calling for the municipal government to acquire the family’s 50 percent stake in Treasure and for the other side of the Treasure partnership, a firm known as Park City II, LLC, to rework the remainder of the project. The deal with the Sweeney family is priced at $30 million, and a ballot measure would be required to raise $24 million of the overall price.

The Park City Planning Commission on Wednesday is scheduled to address Treasure starting at 5:30 p.m. in the Park City Council chambers at the Marsac Building. A hearing is planned. On Thursday, meanwhile, the City Council is slated to discuss Treasure and hold a hearing at a meeting starting at 6 p.m. Members of the Planning Commission are expected to attend the City Council meeting.

The meetings this week are anticipated to focus on a redesigned project that would be pursued should a ballot measure pass. The Treasure proposal as of now involves upward of 1 million square feet and is envisioned as a major resort hotel. A redesigned project would be scaled back to include a boutique hotel and 18 houses. The project would remain on a hillside overlooking Old Town along the route of the Town Lift.

https://www.parkrecord.com/news/treasure-talks-unfold-at-a-quickened-pace/

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Cautious Optimism On Revised Treaure Mountain Proposal

Park City officials are on a tight time frame to decide about moving ahead with a settlement agreement for the Treasure Mountain project.  But Steve Joyce, who has reviewed the development as a planning commission member and is now on the city council, says he’s cautiously optimistic.  Rick Brough has more:

http://kpcw.org/post/cautious-optimism-revised-treaure-mountain-proposal

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Local News Hour – January 9, 2018

Park City Planning Director Bruce Erickson has a preview of Wednesday’s planning commission meeting.  Bruce starts at 17:45:

http://kpcw.org/post/local-news-hour-january-9-2018

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