Park City was established as a sliver mining community in the late 1860s. Over the next 50 years the silver boom brought thousands of people to the area, giving Park City a population of 10,000 at its height, with over 100 saloons and a thriving red-light district. In the 1930s mineral prices dropped due to the depression and caused Park City’s economy as well as its population to wane. In 1963 the Park City Consolidated Mines built the first ski lifts on what was then called Treasure Mountain, rates were $3.50 for a weekend of sledding and skiing. Park City soon became famous for its great snow and beautiful slopes and is now home to three world class ski resorts: Park City Mountain Resort, Deer Valley Resort, and The Canyons Resort. Park City’s economy no longer relies on silver mining, but a walk down Historic Main Street will show that Park City is still deeply rooted to its silver mining past. Park City is located on the back side of the Wasatch Mountains. The altitude ranges from 6,800 feet to 8,500 feet above sea level, and the average winter temperature ranges from 22 degrees to 33 degrees Fahrenheit. The average snowfall is 150 inches in town and 350 inches at the resorts, and the summer average temperature remains at a relatively constant 75 degrees Fahrenheit.