PRESS RELEASE | DECEMBER 12, 2017

TENTATIVE TREASURE HILL DEAL REACHED
Agreement, contingent upon voter-approved bond, would reduce development density by half

 PARK CITY, UTAH — The owners of the Treasure Hill Project and Park City Municipal Corporation are pleased to announce an agreement for a possible alternative to the proposed development at Creole Gulch and Mid Station above the Town Lift. The agreement would provide for the City’s acquisition of 50 percent of the project’s density, consisting of the Sweeney family’s entire ownership in the property, by a voter-approved bond in November 2018, and a dramatic project redesign. City Council’s goal is to immediately initiate a public process to consider approval of a