May 6, 2006
The Park City Council, after beginning the discussions on Thursday, plans to hold its annual budget talks through June 15.
According to a published tentative schedule of the 2006 budget season, remaining topics and meeting dates are:
( May 18, when Mayor Dana Williams and the City Council are expected to discuss capital projects, including those planned on a long-term basis and those that are newly proposed. A public hearing is scheduled.
( May 25, when more talks are scheduled regarding capital projects, a discussion about business-license fees is slated and the officials will talk about regional collaboration and economic-development programs. A public hearing is scheduled.
( June 1, when City Hall’s service fees will be broached and a public hearing is held. The City Council is scheduled to adopt a tentative budget during the June 1 meeting.
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( June 8, when the elected officials will cover unresolved issues and hold a public hearing.
( June 15, when the City Council is scheduled to adopt the budget.
On each date, the budget will be discussed at a work session, with times still to be set, and a public hearing will be held. The public hearings are scheduled at the City Council’s regular meetings, which start at 6 p.m.
The budget is for the 2007 fiscal year, running from July 1, 2006 until June 30, 2007.
City Manager Tom Bakaly wants the City Council to approve about $47.3 million in operating and capital expenditures.
Jupiter Inn approved
The Park City Planning Commission recently approved an application to convert
the abandoned Brookfield Inn into a condominium complex.
Commissioners voted unanimously in favor of what is being called the Jupiter
Inn, 2260 Park Ave, consisting of 23 units.
There was little interest from regular Parkites in the conversion.
The units will range from just less than 500 square feet to just less than 1,500 square feet.
Since the building went up in 1999, it has had an intriguing history. It operated as the Brookfield Inn first, which was shuttered, and the building was sold to Nutraceutical, which wanted to renovate the Brookfield into the company’s corporate offices. That did not occur, however, and Nutraceutical courted developers.
In January, the building was sold to developer James Gaddis, who submitted the Jupiter Inn application.
Early in the decade, the Park City Council voted to allow the building to be converted from the Brookfield into the Nutraceutical offices, a vote that was notable because it showed the elected officials’ interest in diversifying the city’s economy with non-resort businesses like Nutraceutical.
Gaddis has said that he expects the condominiums to be priced at between $200,000 and $600,000 and he has touted the building’s location nearby popular spots like the Park City Golf Course.
"It would never be any good for office (space). It didn’t succeed as a motel . . . The next logical thing would be condominiums," Gaddis said in a March interview.
Gaddis said this week that crews plan to start the work by mid-May and about 15 units in the Jupiter Inn have sold.
Compiled by Jay Hamburger
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