Council approves bond placement
August 1, 2014
On Wednesday, the Summit County Council approved a resolution that intends to place a $25 million bond for the Snyderville Basin Special Recreation District on the November ballot.
The vote was 4-0, with Councilman Chris Robinson absent.
Rena Jordan, district director, said the bond will be used for the acquisition of open space, expanding recreation facilities, and maintenance and development of trails. Of the $25 million, $15 million will be used for open space, $2 million for trails, $5.5 million for the final phase of the Fieldhouse expansion, and $2.5 million for a potential expansion of the Park City Ice Arena that would include a second sheet of ice.
If the bond is approved by voters in the district, an annual property tax to pay debt service on the bond will be required over 21 years in the estimated annual amount of $125 on a $652,000 residence and in the estimated amount of $227 on a business property of the same value as the residence, according to a staff report proposed by the district.
According to the district’s website, the district’s service area is bordered by Morgan County to the north, Salt Lake County to the west, Wasatch County and the municipality of Park City to the south, and encompasses the Promontory Ranch and Silver Creek developments to the east.
The district’s last bond election was in 2010 when 72 percent of voters approved a $20 million open space and trails bond. (A simple majority is required.) Basin Recreation used $12 million for open space preservation, and $8 million was used on trail development projects, including planning and implementing trails at Kimball Junction, Highland Drive and Rasmussen Road.
Jordan said that while the 2010 bond focused heavily on trails, this time the bond was weighted more heavily toward recreation projects. The Fieldhouse expansion will include the construction a large hard-court indoor multi-purpose area adjacent to the existing facility that can be used for a variety of sports, including basketball, volleyball, pickleball, soccer and lacrosse.
Adding more indoor areas to Fieldhouse was identified by residents as a major request through surveys conducted by the district, Jordan said, and the 10-year-old facility is typically booked solid from late summer to late spring.
Questions from Council Wednesday focused on making sure voters know exactly what the $25 million would be used for, including specifics on the Fieldhouse expansion.