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Park City Resort has until Friday to post $17.5 million bond

Park Record - It may be another week before anyone knows whether Park City Mountain Resort will open for the 2014-15 ski season.

Friday afternoon, 3rd District Court Judge Ryan Harris said the resort must post a $17.5 million bond by the end of business on Friday, Sept. 12, in order to stay an eviction from the land it had been leasing from Talisker Land Holdings, LLC.

When asked whether PCMR would be willing to post that amount, the resort's lead attorney, Alan Sullivan, replied, "I have to consult with my client."

The bond hearing is one piece of a closely watched legal dispute which will determine whether Park City Resort, after failing to renew its long-term lease in 2011, can…

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