We like the box and font used in #3. Try changing the mountain like I mentioned in my last comment and remove the houses. Also try putting the words together in the box and move the circle to a semi-circle above the box with the mountain inside. Maybe try making it about 75% of the width of the box. You could also try just the mountain above the box and no circle.
We definitely need the mountain changed though. Take a look at Gig Harbor's website for some images of the mountain that I'm talking about. http://www.gigharborguide.com/