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Show THE PARK RECORD www.parkrecord.com WED/THURS/FRI, JANUARY 12-14,2005 Business. A-I I BUSINESS EDITOR; Anna Bloom 649-9014 ext I 10 buslness@parkrecord.com Dining at high altitude opens for dinner Park CHy Mountain Resort invites guests to an evening at a mid-mountain yurt By ANNA BLOOM ? • Design Workshdp to open new office i Salt Lake ^ y Design Workshop, an award-winning landscape architecture planning and urban design firm with offices in seven locations in the United States has signed a lease for new office space in Salt Lake City. The office is slated to open in March. The move follows an exponential growth in staff and project work in their current Park City location and will allow the firm to have closer communication with current and anticipated clients along the Wasatch Front. '{%•• The Park City office opened I'fi" August of 2000 with a single staff member and has grown to a current staff of 16. Founded in 1969, The Design Workshop practices sustainable design and planning on sites ranging from urban infill and parks and openspace projects to resorts. The firm, which has offices in the U.S. and Latin America, has received more than 90 awards for design and planning. . . . . . . >..-,.... : •;: For more information, please go to , www.designwarkshop.com_v, . ,. A ^ -•..-•i • ' - • - • • • • . . • . ' - * , - • . - . , • l V i # ^ Y ' ' - : > " • • •- • \ . , • v * A . • - • ' - '-'*•" ••••; Images of Nature donates to ^ tsunami relief ;•' ;Jmages of Nature wilt donate $2 for each 2005 calendar sold in their -stores and online during the month of January to UNICEF Tsunami Relief. Funds will help thousands of children that are at great risk following the earthquake and tsunamis that hit coastal areas across south Asia on Dec. 26. UNICEF is seeking $81 million to support urgent humanitarian aid for the estimated 1.5 million affected children in South Asia, many of whom have been orphaned or separated form their families and are in critical need of basic care and support. This initial appeal will address immediate and emerging needs including emergency immunization, clean water supply, special feeding for malnourished children and pregnant women, and protection for orphans and separated children. " 4For more information, please visit http://www.magelsen.com " < : . - •: 9•V* -'"'i . '•"' "• -:' • • • -. ' " - • : ' • ' - " • ' • " ; " : . ' ' • r ^ " • ; ' ; ' - •• - " " ' • , ; • f ' - i : -..;• •;\^V--.V:-- •' •. Of The Record staff The daytime Amanle Caffce at Park City Mountain Resort now has an nighttime altcr-ego by the name of The Silver Fissure Dining Hall. At six in the evening, a snow cat picks up guests, and whisks them up the slopes to a mountainside yurt that looks out over the twinkling lights of the town for a family style meal. It's just one more in a line of improvements initiated by Teresa Scanlan, catering sales manager, and Executive Chef Chris Lynglc, who have been hard at work overseeing the mountain, catering and lodges' foods at Park City Mountain Resort. This month, Lyngle's menu for The Silver Fissure includes carved primer rib, salmon, roasted potatoes, green beans with almonds and steaming hot bread pudding with caramel sauce. "I want to get away from the typical ski food stuff," explains Lyngle. "I go to other resorts in Colorado and Utah and the food is terrible and is so expensive. I can't do much about the price since we have to haul food up the slopes, but I can do something about the quality of the food." After graduating from The Western Culinary Institute, Lyngle owned his own restaurant in Salt Lake called The Stuffed Noodle which served Italian-American food. Following nearly 10 years of running The Stuffed Noodle, the chef decided to leave for a new environment and chose Park City as his destination, without much of a plan in mind. "I owned my own restaurant in Salt Lake for nine years and I thought it was time for a change so 1 moved up here with no job two summers ago and then I was hired by PCMR for mountain, lodge and catering," he says. Long-time skiers and riders who dine al PCMR's mountain restaurants frequently, have likely noticed Lynglc's modifications to the resort's dining food. And there are many. "We changed the salad bars to include anti pasta, baked brie, and teamed up with Stone Ground Bakery in Salt Lake who bakes bread a^nd pastries." explains ERIC \\0Vftm\IPARKCfTY MOUNTAIN RESVRT The Silver Fissure Dining Hall, located on Bonanza run at Park City Mountain Resort, has outdoor heaters that warm its d i k. Lynglc. "And we keep the Snow Hut more home-style cooking because people expect it, but at Summit changed things around to include made-to-order pizza and six kinds of soups and a burrito bar as well as a salad bar. And we cook it all in front of you." For the Amante Caffee, the daytime yurt, Lyngle serves soups, panini sandwiches, hot cocoa and beer for snacks and light lunches. The chef has also brought fresh tastes to the Legacy Lodge al the base of the slopes. "Other resorts told me 'you can't do fresh fish, we do fresh fish,' but I am [doing fish|. At the bottom of the hill I make fish tacos for lunch and they're outstanding." Lyngle says if he had to choose the most challenging part of his job, it would have to be bringing fresh ingredients up the mountain. Unlike other local resorts. Lyngle points out. Park City's high mountain restaurants don't have easy access lo roads-and the new nighttime Silver Fissure restaurant, which has no oven, brings another challenge to the table for Lyngle: keeping food hot. "We have to cook all the food at the Summit House and then take it down on snowmobiles," he says. "So sometimes we even use the panini maker [al The Silver Fissure yurt] to keep things warm. But it's definitely worth the trouble." The Silver Fissure will remain small, serving only 10 lo 18 people at a time, says Scanlan, who worked closely with Lynglc to open up the nighttime yurt. "There are two other yurts in the state," Scanlan explains, "but they're much larger. We wanted to keep a small, intimate settling without getting loo formal. We wanted to let people mingle, and dine at larger tables." The yurl at Park City Mountain Resorlfits nearly a thousand feet higher thai • its rivals, says Scanlan, and the covered cSlji'n in the snow cat also helps to ensure wcidher won't get in the way. f |,' '"Other resorts have open sleighs or huye you snowshoe up their mountain-which can be fun," she says. "'Hie difference with us is that we ensure thai you gel picked up and dropped off and the ride's heated." ' Pricing per person is $125 plus tax per person. Price includes transportation in. ii snow cat to and from the yitrt, family style dinner, desert and wine corkage. The restaurant offers a selection of winery in guests are welcome to hritig /heir own}., 'or more information, visit www.parkvi '\ mountain.com or calf Teresa Scanlan at (435) 658-5523. \ Stocks edge upwards despite rising oil prices As companies discuss 2005 predictions, mergers give hope, while inflation remains a top concern NEW YORK (AP) A spate of merger news cased investors' concerns about oil prices Monday, sending stocks moderately higher in trading thai was cautious in advance of fourth-quarter earnings reports. Investors saw the flurry of merger activity - a new hid for video rental chain Hollywood Entertainment Corp.. reported merger talks between Wells Fargo & Co. and British financial giant Barclays PLC and a completed deal in the wireless telephone sector -- as a sign that the economy would remain strong enough to support such deals. That helped take the edge off of oil prices, which topped $47 per barrel for the first time since Dec. 1 as traders worried about falling global oil production. A barrel of light crude was quoted at $47, up $1.57, on the New York Mercantile Exchange. But while the markets rose in somewhat uncertain trading, analysts said earnings reports were foremost on investors' minds. "We're doing all right for now. but earnings will really determine where we're going to go," said Peter Cardillo, chief strategist and senior vice president at S.W. Bach & Co. "And the key with earnings will be guidance for 2005. How concerned is corporate America about inflation? That's the big question." At midday, the Dow Jones industrial average rose 32.30, or 0.3 percent, to 10,636.26. Broader stock indicators were substantially higher. The Standard & Poor's 500 index was up 5.84, or 0.5 percent, at 1,192.03. and the Nasdaq composite index gained 16.48, or 0.8 percent, to 2,105.09. A Commerce Department report showed that wholesale inventories rose by 1.1 percent in November. Economists expected inventories to rise just 0.7 percent, slightly less than the 1.1 percent climb in October. But the report didn't affect Wall Street; analysts saw the rising inventories as companies hedging against economic uncertainty, particularly rising wholesale prices and possible inflation. Inflation likely will continue to be a critical concern on Wall Street through earnings season, as companies discuss their forecasts for 2005. If companies are concerned that interest rates will rise quickly in response to a falling dollar and mounting inflationary pressures, then Wall Street could push lower, putting a definitive end to the markets' post-election rally. In corporate news. Hollywood Entertainment agreed to an $850 million buyout by Movie Gallery Inc.. whose offer topped that of Blockbuster Inc. by 15 percent. Movie Gallery : is poised to become the second-largest video chain in the United States. behind Blockbuster. Hollywood Entertainment gained 62 centsflto $13.67 and Movie Gallery added $1*64 lo $20.71, while Blockbuster was down 29 cents at $9. According to media reports. Wells Fargo & Co. is in talks to acquire Barclays PLC, a deal reportedly worth more than $100 million. Barclays, considered a prime takeover target. climbed 94 cents to $45.59. while Wells Fargo rose 12 cents to $62.29. Shares of Western Wireless Corp. rose 84 cents to $37.36 after it agreed to a $4.4 billion cash-<md-sinck buyout by Alltel Corp., which would create the fifth-largest cell phone carrier in the United States.. New law encourages contributions to tsunami relief The Internal Revenue Service alerted taxpayers who itemize deductions that they may claim on their 2004 lax returns charitable donations made during Jan. 2005 for relief of the victims of the Indian Ocean Tsunami. The new law enacted on Jan. 7 allows these donations to be deducted as if they were made on Dec. 31, 2004. 'Hie new law only allows for cash contributions. The contributions must be made specifically for the relief of victims in areas affected by the Dec. 26, 2004, tsunami in the Indian Ocean. The new law gives taxpayers the option of deducting the contributions on either their 2004 or 2005 returns, but not both. The IRS advises taxpayers to be sure their contributions go to qualified charities. Taxpayers who have a specific charity in mind can make sure that it is a qualified charity by doing a search on IRS.gov. Some organizations, such as churches or governments, may be quali- fied even though they are not listed on IRS.gov. For 'information on groups involved in tsunami relief, donors can also look to the USAID site al: htlp://www. usaid.gov/loca tions/asia_ncar _east/tsunami/ngolist.html or U5jA Freedom Corps al htlp://www.usafrcedomcorps.gov. -| •'--rlj SB 91 iSE IBM PARK CITY REAL ESTATE AND YOU wmOMmBUdUA Craig Reece, CRS HOME BUYER PREFERENCES Pa'ferences of homebuyers change from year to year. A recent study by the National Association of Realtors points to key preferences expressed by today's home seekers. One trund is artoinly not new, but seems to be growing in importance in the decision-making pn>cess of homebuyers, particularly younger families. They want a home close to high quality schools, parks and playgrounds. Older buyers are more interested in a bedroom on the main level, and prefer singlestory homes, the NAR study revealed. Many buyers choose homes located in suburbs or subdivisions. Homes purchased by first-time buyers are more likely to be older resale properties loan ted in a central city. Older buyers are more apt to purchase a home in a small town. The study also shows that among buyers who purchased a home without a desired feature, many would have paid more for a home with that feature. For example, 66 percent of buyers surveyed would have paid a median of S825 extra for a home with a walk-in closet in the master bedroom. Interestingly, half of alJ recent homebuyers report they repainted the interior of their home soon after moving in,-while more than a third upgraded their landscaping. One out offiveplan to repaint or wallpaper the interior, buy new window treatment, or update the landscaping within two year of purchase. For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-5534666. Craig has been a full time Park City resident since 1973 and a full-time real estate agent since 1978. Prudential Utah Rial Estate llniru'Orricr Puk \nk \vrnuc. nun n L (.iiv . 1 1 &4Q60 www.DeerVaIleySpeclallst.com Craig ©DeerValleySpeclallstcom (435) 647-8017 • (435) 649-7171 (800) 553-4666 rfcs of Tho Prudwifea! Inuffance Company of America. Equal h a j w m oppof)ur»ty EtOi canpany mdaptnttentiy owned and operated. at Silver Lake Come join us for another Wonderful Winter Menu & Season! 9 4 0 . 0 8 0 0 / 7580 Royal Street East / Silver Laker DINNER. RESERVATIONS SUGGESTED ' I COMPLIMENTARY-PARKING |