With much of this work completed, UPCM is now focusing attention on approximately 1,875 acres along lower sections of Silver Creek north and east of Highway 40 and approximately 836 acres east of Park City along Silver Creek and its floodplain.
In a unique partnership between UPCM, EPA, and federal and state partners, impacts to natural resources, and strategies to restore them will be assessed in coordination with clean-up work, This streamlined process will save time and money during the assessment phase and will result in more resources being available to restore natural resources that have been impacted by mining activities in the watershed.
UPCM is among several parties that contributed to mine waste contamination at the site.
UPCM will fund the activities required under today's agreement using its own funds and funds EPA recovered through ASARCO's 2005 bankruptcy.
CGP has agreed to acquire up to 100 percent of the outstanding stock of UPCM in a two-step transaction.
UPCM has previously announced its plans to proceed with the development of the 1,655-acre Flagstaff Mountain Resort and the 1,700-acre Bonanza Mountain Resort projects.
UPCM plans to continue implementing its business plan during the contract period, and CGP has stated its intention to continue the general business direction of UPCM after the closing.
Our 2016 homecoming celebration brings us back to the UPCM campus, to the Basic Science Lecture Rooms, our nest.
Concert for the benefit of the new UPCM Academic Center.
In 2001, UPCM will continue to work with the Park City and Wasatch County planning staffs towards finalization of the development plan.
UPCM has filed applications with Wasatch County for master plan approval of the Bonanza Mountain project.
UPCM built the first skiing facility at the Park City Mountain Resort in 1964, and has been a community benefactor and active force in the Park City community for over a century sponsoring and contributing to various public events and charities including the annual Miners' Day and the Olympics.