Park City's approach to economic development is very simple. We believe strongly in a team concept, that Developer and the City working together so that both can benefit. We pride ourselves in our ability to cut through the red tape, and to work out problems that may develop during the process of getting a development off the ground. This is not to say that we throw caution to the wind, but merely that we are reasonable and open minded. Tax Exempt Park City will consider issuing IRB's to provide 100 percent financing of land, buildings, equipment and construction.
Building materials are exempt from sales taxes.
Total tax exemption for up to 10 years is possible. The amount of tax exemption will depend on the number of jobs, and investment. Enterprise Zone Park City Enterprise Zone benefits are available for new and expanding manufacturers and service businesses. In areas where infrastructure improvements are required, the City may issue up to 15 year low interest general obligation bonds. Col. James Jabara Airport Runway Length 6,100 ft.