City Council Approves Public-Private Partnership with Deer Valley Resort

Post Date:12/16/2023

NEWS RELEASE – FOR IMMEDIATE RELEASE  

Clayton Scrivner, Communications Manager
clayton.scrivner@parkcity.org
(801) 597-8108 
December 15, 2023

 

Park City Council Approves Public-Private Partnership with Deer Valley Resort

Largest partnership of its kind in City history forges path forward for major infrastructure investments

 

Park City, Utah – The Park City Council unanimously voted to move forward on an unprecedented public-private partnership with Deer Valley Resort on Thursday, December 14, 2023. The agreement provides a roadmap that allows Deer Valley to move forward with their application to redevelop the Snow Park Base, while providing Park City with valuable community benefits that help address two of the Council’s top priorities: transportation and housing.

The Council also unanimously approved an ordinance vacating portions of right-of-way at the Snow Park base to facilitate the new development’s design.

“As we begin to prepare to host another Winter Olympics, we must work together to build a Park City that is equipped to meet future challenges. Deer Valley has risen to the occasion as a community partner,” said Mayor Nann Worel. “I want to thank everyone, especially our residents, who spent the last several months voicing their support and concerns regarding this complex and important issue. Please stay in the conversation as we move forward together.”

The framework of this partnership is articulated in a Letter of Intent, which provides:

  • $15 million from Deer Valley (with an equal match from Park City) for a regional transportation facility, which could potentially include affordable housing.
  • 20% reduction in parking for day skiers, resulting in a traffic reduction during peak times.
  • A gondola transportation network connecting the Mayflower area off U.S. 40 to Snow Park.

The project will now return to the Planning Commission for review.

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Converting our electricity to 100% renewable is a major part of our transition to become a carbon neutral community. Renewable electricity is created using technologies that don't burn any fossil fuels to create energy, such as water, wind or the sun. There are no associated greenhouse gas emissions with creating energy from renewables. We're confident that the future will be powered with renewables.

Approximately one-third of our community-wide carbon footprint comes from the electricity we use. Decarbonization means removing the carbon emitted from our energy sources. Transitioning to renewables is how we will decarbonize the energy that Park City uses.

In 2016, Park City made the decision to work with the local utility, Rocky Mountain Power, to work together to bring 100% renewable electricity to Park City. Salt Lake City, Summit County and Moab have joined the effort and in total we will convert eighteen percent of Utah’s electric grid to renewables. While Park City is a small community of only around 8,000 people, we believe we have the power to influence to create a pathway for other communities to transition to 100% renewables.

Not only does renewable energy emit drastically fewer carbon emissions as it produces electricity, it will transform Utah’s economy, produce jobs and provide stable electricity. It will also clean the air as we transition our homes, buildings, and transportation to fully electric. Renewables are becoming cheaper than fossil fuels. Renewable energy has plunged is price, and now is competitive, and often cheaper, when compared to traditional coal and natural gas generation. Renewable electricity often has zero cost fuel. The sun and wind don’t ever send a bill. Compare this to traditional coal and natural gas generation, where the fuel price can fluctuate. PacifiCorp, Rocky Mountain Power’s parent company, recently stated that thirteen of its twenty-two coal plants are uneconomic.

In addition, renewable energy keeps the dollars spent on energy close to home. Park City alone spends over $245 million per year on energy, much of which ends up in unstable or even corrupt regions of the world. Imagine if that money was spent on local jobs, benefiting our local economy?

energy spend infographic (1)