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Show DEER VALLEY HOSTING BIKE DEALER SHOW, A-9 PHYSICAL THERAPIST MAKES HOUSE CALLS, A-8 Editor: Andrew Kirk business@parkrecord.com 435.649.9014 ex.104 /MARRIAGE SEMINAR SET AT CHRISTIAN CENTER A seminar on why couples plateau and how to get "unstuck" will be offered at the Christian Center of Park City at the corner of Deer Valley Drive and Bonanza Drive on August 12 from 6:30 to 9 p.m. The cost is $25 ($35 for child care) and includes dinner. To register contact Terry at 649-2260 ext. 11 or email terry@ccofpc.org. NUTRACEUTICAL GIVEN GOOD INVESTMENT RATING According to a press release, Park Citybased Nutraceutical International was added to the Protogenia Investments "Approved Buy List" at the market opening Monday, July 26. Nutraceuticai shares meet all the filters required for qualification as a top rated investment prospect. Nutraceutical is expected to release quarterly financial results this week. IRS FILING DEADLINE PUSHED FOR NONPROFITS The Internal Revenue Service recently issued a press release saying small nonprofit organizations at risk of losing their tax-exempt status because they failed to file required returns for 2007, 2008 and 2009 can preserve their status by filing returns by Oct. 15, 2010, under a one-time relief program. Two types of relief are available for small exempt organizations - a filing extension for the smallest organizations required to file Form 990-N, Electronic Notice (e-Postcard), and a voluntary compliance program (VCP) for small organizations eligible to file Form 990EZ, Short Form Return of Organization Exempt From Income Tax. Dining on deck: relish or perish There's also the added benefit of attracting passersby. When people see the food, they want it, he said. The biggest decks in town fill up every night, Valaika said. If a diner can't eat outside, they'll often look for another restaurant where they can. "They didn't drive up from Salt Lake City to sit inside," he added. By ANDREW KIRK "Clean mountain air is what it's of the Record Staff about." There are no downsides to offerRecent efforts to create outdoor, ing outdoor dining, Valaika insisted, patios on Main Street have highlight- but it is tragic that it only lasts three ed the value of alfresco dining to area or four months here. restaurants. People come to Park That makes Mary Potts, party and City for the mountain air and want to events coordinator for Bill White stay outside, local restaurateurs say. Enterprises, question the wisdom of 'That is our summer business," every restaurant creating it. said Zoom manager Joanna Some eateries are small and could Richards. "It's where 90 percent of almost double their indoor seating our visitors want to sit." area if they scrapped their decks or Having a deck or patio is as valu- patios and expanded. That would able to a restaurant in summer as make it easier to profit during the slope access for a hotel in winter. much longer and more lucrative win"If we didn't have a deck, my sum- ter, season, she said. mer business would be half," said About half of the Bill White Shabu owner Kevin Valaika. restaurants do just fine without outPeople want to eat outdoors even door dining, she said. White s Grappa before it's really warm enough to, has one of the largest and most picsaid Bridge Cafe owner Emerson turesque outdoor dining areas in Oliveira. Even the staff enjoys it and Park City, but it was created almost doesnt mind the extra work of setmore for aesthetics than business, she ting up and taking down the tables explained. White is an avid gardener and umbrellas, he said. Local restaurants say alfresco seating vital to summer business GRAYSON WEST/ PARK RECORD , Lisa Dunbar enjoys lunch with DJ. Dodge at Windy Ridge Cafe Monday; | and wanted the restaurant to enjoy a garden atmosphere including small herb and vegetable plots scattered around the property. John Troilo, owner of Davanza's on Park Avenue, said he'd create more outdoor seating if he could, but city restrictions prevent him from making major changes to the exterior of his historic building. Only 20 minutes away in Midway, alfresco dining is taken even mpre seriously. Summer season is the most profitable for the Heber Valley^so outdoor seating is crucial for success, explained Cafe Galleria owner Cficil Duvall. He never considered saonficing it to create more room indoors. "It's a no brainer," he said. $ Besides, it's much easier t a j ost live music outdoors than indoojlr he added. Lower home, condo prices spurring salef Mid-year report shows major improvement over same time in 2009 By ANDREW KIRK of the Record Staff About one quarter of all real estate transactions in Park City involve distressed properties. That's not bad, said Deanna Devey of the Utah Association of Realtors. It's average for the state - if not slightly better. Foreclosure activity is definitely improving, said Park City Board of Realtors president Mark Seltenrich. "They appear to be trending down, but remain historically high," according to the second quarter report summary from the board released July 22. Devey said short sales account for 13 percent of all sales in Salt Lake, Utah, Davis. Weber and Tooele counties. They are only 10 percent of sales in Summit and Wasatch counties. "Comparatively, Summit County isn't doing too bad," she said. Statistics that sound negativfrjbut are actually good news was a twjme for the mid-year report frorqjjthe board of Realtors. For example, sales prices down all over Summit and WaJjtch counties.That has increased ;8oth sales volume and dollar saJes-vqSjme by more than 60 percent comparjjl to the second quarter of 2009. t Please see Market; A-9 PROMONTORY Every mountain cabin should come with a car that can climb a tree. For a limited time, buy a Trapper's Cabin at an exceptional price and get a 2011 Mercedes ML 350 Bluetec clean diesel SUV and a fully-sponsored Golf Club Membership. FOR MORE INFORMATION VISIT www.promontoryclub.com/mercedes or call us at 435.333.4600 i With the real estate market rebounding, now is the time to buy at Promontory! 435.333.4600 or visit PromontoryClub.com Olrtuin the pr»{MrT) rcpuil, HMJIIUC-J l>y IttlcuJ or tuie U«, .itiJ rcul piluf'Mc signing anything. No federal urtrjtc jgtmy In* judged the intril* or value, if my, of tliia property, l'bni lulled to change without nonce. ©2010 Promontory DewbpiiKiii, I.I.C, Summit \ Sotheby's INTf.RNATIONAI REALTY A I'iv ral Group Community |