After years of debate, uncertainty, anxiety and anticipation, Park City has closure on the fate of Treasure Hill. The decision was left to the voters, and it wasn’t even close. 77.3 percent of ballots cast were in favor of the $48 million bond to preserve Treasure Hill, which overlooks Historic Old Town.
Faced with the construction of one million feet of mixed-use space for condos, retail space and a high-rise hotel, Parkites were more than happy pony up an additional property tax to preserve the iconic, forested slope that is home to biking, hiking and skiing trails. The additional tax burden will amount to $194 per year on an $800,000 primary residence and $353 on a commercial property or vacation home of the same value. The bond will be paid in 15 annual installments.
The Treasure Hill vote isn’t the first instance in which Park City residents agreed to shoulder the weight in protecting open lands after voting to approve $38 million to purchase Bonanza Flats in 2017. Old Town is in tact, the Sweeney family received a favorable sum to waive development rights and for the time being all is right in Park City.
Surely the clash of development and conservation will flare up once more in the future, but voters in Park City have made their voices heard and put their money where their mouths are. Now all that’s left is to sort out the parking and traffic situation.