Liens come and go for film studio site
January 13, 2015
Construction at Park City Film Studios continues and while three liens on the property at Quinn’s Junction have been released, four others remain in effect.
The Park Record reported in September that two liens had been filed with the Summit County Recorder’s Office totaling almost $2 million: one by Sure Steel, Inc. for $1,889,911.91 and one by Geneva Rock Products, Inc. for $106,729.46.
In early October, construction was briefly halted. It resumed after Park City Film Studios announced on Oct. 14 that it had come to an agreement with Gary Crandall, a Park City developer involved with the Newpark Town Center. The Park City Film Studios press release described Crandall’s role as "financial partner/co-owner and seasoned developer."
On Dec. 29, Sure Steel, Inc. filed a release of lien with the county, attesting that it "has been paid and satisfied" on the nearly $1.9 million lien it filed in September.
Last Friday, Jan. 9, Geneva Rock Products, Inc. also filed a release of its September lien on the film studio property, stating that it has been "fully paid."
In the meantime, five other construction companies have filed liens against the film studio property: Cornerstone Concrete LLC filed a lien for $356,200 on Sept. 12; Clydeco Building Supplies Inc. filed a lien for $31,389.84 on Oct. 7; Burbridge Concrete Pumping filed a lien for $5,235.38 on Oct. 17; Tubelite Inc. filed a lien for $37,521.03 on Oct. 29; and Hertz Equipment Rental filed a $7,054.99 lien on Nov. 12.
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Tubelite Inc. filed a release of its lien on Dec. 19. The four other liens, totaling $399,880.21, remain on record with the county as of Tuesday morning.
While the liens are filed against the property where the Park City Film Studios is being developed, the companies filing the liens were hired by different contractors.
Sahara, L.L.C., is the general contractor for Park City Film Studios and is identified on the Cornerstone Concrete LLC and Hertz Equipment Rental liens as the party those companies provided their services/materials to.
Cornerstone Concrete LLC is, in turn, identified in the Burbridge Concrete Pumping and Clydeco Building Supplies, Inc. liens as the party those companies provided services/labor to.
"All liens have been taken care of and a process is being followed to remove liens from the property," Chairman of Park City Film Studios Development, LLC, Greg Ericksen told The Park Record last Thursday, the day before the Geneva Rock Products, Inc. lien was released. "This process takes time."
"I can tell you with absolute certainty that Park City Film Studios is financially healthy and on course to be operational in early spring," he said.
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