Park City mayor, trumpeting Treasure deal, says ‘angst’ ended
February 16, 2019
Mayor Andy Beerman briefly discussed City Hall's pending acquisition of the Treasure acreage in a conservation agreement during his State of the City address on Tuesday, thanking figures involved and describing what he sees as the importance of the deal to the community.
City Hall plans to finalize the $64 million acquisition of the hillside overlooking Old Town along the route of the Town lift later in 2019. Park City voters on Election Day in November overwhelmingly approved a ballot measure providing most of the funding for the acquisition.
The acquisition will block a major development and end years of controversy regarding the land. The seller is the Treasure partnership, consisting of the Sweeney family and a firm called Park City II, LLC.
The Treasure partnership holds development rights on the land dating to a 1980s-era overall approval involving the hillside and nearby parcels of land. The Treasure side spent more than a decade in on-and-off talks with the Park City Planning Commission about a project before the conservation agreement was reached.
"Thirty years of frustration and angst in this community was finally put to bed. And it was put to bed because all of you," the mayor told the audience on Tuesday.
He said the elected officials would not have pursued a deal without the support of the community at large. He recognized the opposition to the Treasure development proposal, not-for-profit leaders who were involved and members of the Planning Commission.
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"Active citizens came to us and they said we can't live with this. We know they have property rights, but you've got to find another solution, and we were able to work out a solution," Beerman said. "It was an expensive one, but I think we'll look back a decade from now and it's going to be worth every cent of it."
He thanked the crowd for "having the courage to stand up and take charge and prevent this from happening."
"This would not have passed by 78 percent without the community understanding the threats and that this was the ability for us to finally take control of this and build the community we want," Beerman also said.
The comments were some of the most extensive made publicly by the mayor about Treasure since just after Election Day.