No, adding calcium won't really reduce the alkalinity--though at the high alkalinity, the calcium will precipitate out very easily, potentially cloggin impellers and coating heaters. I think that it's the combination of the salt mix with the already hard water--using a filtered water would likely help out quite a bit. The high alk won't really hurt the fish--and gives you a very stable pH. Wouldn't be good for a reef setup though.
ITWMT--I'd use a mix of RO water and tap water, or all RO water. Although the high alk isn't a huge problem, it will mean more maintenance on your part, and you'd have to make a change before going with a reef setup. I'd also be concerned about what else might be in the water, and if that high alk is coming from carbonates, or boron, or what (alk tests detects a number of elements that contribute to this type of hardness).