No Ruling On Bond Amount This Week
After three hours of oral arguments between the two sides in Park City's ski resort fight, Third District Court Judge Ryan Harris said he wasn't able to come up with a ruling today.
The judge said he will render a decision next week, Wednesday, September 3.
The judge was asked to set a bond amount that the Park City Mountain Resort would have to pay so it could putt off an eviction, and continue operations this winter on a 3,000-acre ski hill owned by Talisker Land Holdings.
Judge Harris apologized, since he had indicated earlier he would have a decision. But he said he had to look at new information, and also noted that both sides have extended mediation, for a second time, to the end of Friday, the 29.
The arguments Wednesday showed a wide chasm in the positions of the two sides. PCMR proposed that the bond run through April 2015 and be set at a maximum $6.5 million.
But attorneys for Talisker say the bond should cover a longer time period and included damages, for a total of nearly $124 million.
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