Business

Decision prolongs chill for Park City Mountain Resort

There’s still hope for a ski season at Park City, Utah.

But the town of 7,900 residents — whose livelihoods depend on wealthy holiday skiers descending on the resort — will have to wait until Sept. 3 to learn the fate of their winter wonderland.

A state court judge on Wednesday put off for a week a decision on how large a bond would be required from one of two groups vying to operate Park City Mountain Resort.

The two groups, one which owns the top of the mountain and the other the bottom, are locked in a legal battle that threatens to close the resort, which draws high-rolling tourists, the lifeblood of the village.

If the bond is priced too high, the owner of the bottom half of the mountain, PCMR, plans to put its land to “alternative use.”

In particular, PCMR boss John Cumming said he would add the mountain’s base to the five Camp Woodwards — all-season action-sports camps, which at any one time accommodate up to 12,000 campers — already owned and operated by PCMR parent company Powdr Corp.