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Show Theatre, which he has financially supported at great expense in order to provide the town with community theatre. He also owns the historic Depot and built 401 Main Street which houses Rocky Mountain Kitchen Gifts. He gave the City $50,000 non-refundable option money mon-ey on the parking office structure and spent close to $100,000 in indirect costs trying to put the project together. There have been some negative feelings generated by the design of the mall, which was ultimately determined by the city and not by Randy Fields. Overall his intent and his actions have been to contribute to Park City, not take away. We all have our own vision, of what Park City should be and shouldn't be, and I'm not asking you to accept or reject Randy Fields vision but I am asking you to read my interpretation of his vision for Park City. Randy Fields believes in bringing high tech companies to Park City. He mentions the ramifications of poor snowfall, tax legislation, real estate slumps and airfares on an economy based solely on skiing and related services. His vision would include a comment such as "I live in Park CityDeer Valley, home of Apple." In his mind this would establish a stable year-round employment base, draw summer and convention business, help weather the rough times and draw support from our financial institutions. Most people in Park City have noticed that lenders are extremely attentive about business propositions proposi-tions until you mention Park City, and then they become withdrawn. They ask for extensive economic studies and approach each loan with extreme caution. Underlying the demographics the real reason lenders are so cautious is that they have been "burned" in the past. Randy Fields would like to structure the kind of growth in Park City that is economically viable and would help re-establish financial credibility with lending institutions. This includes a handholding relationship relation-ship with the City and developer. I live here and have the same guarded feelings as most people do towards growth, but I felt that certain misconceptions towards Randy Field's intent needed to be cleared up. Sincerely, Silver Mill of Park City Dave Wiegman HI, C.P.A. Controller An earnest commitment to Park City Editor: I live in Park City and work for Silver Mill. Park City is a wonderful place to live and work. I am a C.P.A. and the opportunities afforded someone like me to live and work in Park City are few and far between. Randy Fields offers that opportunity and so does Randy's vision of future growth in Park City. He has tried to make an earnest commitment to Park City and there are several misconceptions miscon-ceptions and negative attitudes that I would like to clear up. Yes, Randy Fields does like to save excessive costs and, no, he isn't avoiding his obligations. In regard to the Red House on Park Avenue: 1. Main Street Marketplace's approval ap-proval was conditioned on the renovation of 364 Park Avenue. 2. Silver Mill was seeking to quantify this one line requirement and felt that $125 per square foot was unreasonable and not economically feasible. Thus, the appeal process. 3. Silver Mill intends to fulfill this obligation but at a realistic amount. In regard to the Main Street Marketplace parking requirement: 1. Silver Mill intends to fulfill its parking obligations. The only discussions discus-sions that have been held are in regard to method and term of payment. 2. There seems to be some confusion with respect to his providing a parking facility. That facility was in conduction with a corporate office structure and yes, it was to incorporate the mall's parking assessment but it encompassed far more than just the mall. Randy feels that parking is a necessity and wanted to build a project that would provide parking for all the merchants as well as supply the mall's parking requirement. His basic premise throughout was that if the project was economically feasible, he would build it. Economically feasible is defined in this case as a project that a bank would finance. The City and Randy Fields were unable to structure a deal that was economically economical-ly feasible so there is no project. Randy Fields owns the Egyptian |