The council has said it does not intend to raise taxes or levy new ones to purchase the land.This article is published through the Utah News Collaborative, a partnership of news organizations in Utah that aim to inform readers across the state.Councilmembers voted unanimously to buy the audio equipment manufacturer’s headquarters and 7.38-acre parcel for $17.5 million.
The building could become part of a wider public-private partnership on the surrounding 50 acres. Summit County councilmembers have been negotiating for four years with Dakota Pacific Real Estate, which has applied to build housing on the land, where only tech offices are allowed. Skullcandy and the Park City Visitors Center were the only buildings constructed under the current development agreement.
Under the purchase agreement, there are 30 days of due diligence and then 30 days to close on the deal, which will beFormer Utah State Aggie reportedly becomes highest-paid college basketball playerPhotos: Kilby Court Block Party brings music and fans from all over to Utah Gordon Monson: The national image of Utah football? It will rule and reign over the Big 12 in its first year.
Purchase Summit County Park City Kimball Junction
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