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Show jr V. pauGon 25cents Wednesday August 4, 1982Number31 Volume 93 Ground broken tor new Central Bank building F. Calvin Packard, chairman and president of Central Bank, announced today that groundbreaking ceremonies for the new Payson office of the Bank, the seventh in Utah County, will culminate in the completion of the building in late October of 1982. The new building, which will include 2,500 square feet of space on the main floor, will house the office area, teller line, vault and safe deposit box room. The basement will include an employee break room, storage area and room unfinished multi-purpose that will be completed at a later date. The modular structure, built by Precision Built Homes, will be constructed in three sections. All site preparation work will be completed by contractor Doug Nuttal. Facing west, the building will have parking areas on the south and east and special handicapped facilities will be provided at one entrance. Four bays for drive-u- p banking will be provided and the entire decor of the building, both on the interior and exterior, will be Early American. Landscaping will be completed as soon as the building construction ends and the Bank office will be open for business near the end of October or first part of November. The large trees on the site will be incorporated into the total landscaping plan, with drive-uwindow lanes being constructed around the trees. Office Manager Alvin Harward will be closely working with construction workers in selection of the exterior brick and other interior decorating selections. Central Bank was forced to demolish the L.D.S. Tabemalce on the 182 North Main site, following recommendations of condemnation by the L.D.S. Church, Payson and private structural City engineers. The tabernacle was those unsound, structurally experts said, and the Bank, or anyone else, would be unable to use the structure because of safety requirements. A grand opening celebration is currently being planned for the new Payson office for the first part QQi V v p x Repairs started of Construction damaged Nebo of the Loop Road portions began this week (Aug. 9) near the W inward Dry Lake Access road in Payson Canyon. According to Norm Corbridge, Uinta National Forest Engineer, motorists can expect a delay of up to 30 minutes. He said excessive water underneath the foundation of the road generated an earth slide that left a drop in the section. Other damaged areas farther up the canyon have suffered minor road damage from dirt slides on cut slopes. Mr. Corbridge advises motorists to use caution and said a flagman will be at the site to direct traffic. Forest officials estimate the repair work should be completed before the Labor Day weekend. six-fo- v; the rear of the raft which to in the trough behind the members of the two Varsity Scout wave. Twenty-fou- r teams spent last week running rapids, getting fiftwl wJ haling n the hot sun on a mile trip on the Green River. eighty-fiv- e ot ot six-da- y, Annual Salmon Supper . slated tor Friday "' gyverdene road damage 100-fo- ? Summer to that time far adventure for Scouts in the Payson area. Hen, Varsity Scouts bom Payson 3rd and 11th Wards crash through the thundering waves of McPherson Rapids In Desolation Canyon. There are four people in dm raft; two are hidden in at Artist rendering of the new Central Bank Building being built 200 North Main in Payson. Of NebO LOOP x. Summer Adventure of November. Breaking ground for the new Central Bank are F. Calvin Packard (left), chairman and president, Central Bank; Gary Tassainer, Payson Mayor; and Alvin Harward, vice president and manager, Payson Office of Central Bank. .,.v Page ' Payson City Park, down by the pond, is the setting for the 28th annual Park Ward Salmon Supper on Friday, August 6. The fresh salmon has been ordered well beforehand and will arrive, packed in ice, just in time for dinner. The salmon will then be basted with butter and special seasonings to give it that distinctive flavor and 4oked over special fires at the dinner site. An invitation is extended to everyone. Dinner will be served from 5 to 7 p.m. on Friday, August 6. Suggested donation for dinner is $7.00 for adults and $4.50 for children under twelve. Bishop Carmen Davis reports that plans are being made to serve over 2,000 people. He mentioned that nearly every ward member is involved in this project in one way or another. Members have become very knowledgeable and efficient in catering to such a large crowd. Effective arrangement of serving lines has eliminated waiting. Var and Afton Rosenbaum are in charge of arrangements this apple-woo- d year. Var, a former bishop of Park Ward, knows all the planning and organization that goes into this project. Afton has been Relief Society President and a member of the board sponsoring the Utah County Fair. She has long been involved in various community and church affairs. Var and Afton, together with all the ward members, guarantee that the dinner will be a success. Proceeds from the salmon supper are used to meet ward welfare assignments. The idea was conceived many years ago by Bishop Roland Lindsay who did not want to burden his ward members with raising the funds on an individual basis. One summer he went on a fishing trip to the northwest and attended a fish fry. Immediately he knew this was the type of project he was looking for. Over the years, ward members have had so much fun and satisfaction from hosting the salmon supper that this spirit of hospitality has passed along to those attending. People have come from far and near to enjoy a marvelous dinner and relax while listening to Monte Taylor's Dixie Land Band. Some people have used the occasion to meet for a family reunion, returning year after year. Aroma of the cooking salmon only adds to the anticipation of whats to come. Baked potatoes, corn on the cob, dinner rolls, fresh tomatoes, cucumbers and homemade cakes climax the perfect meal. Payson taxpayers shell out $4.7 million in Payson paid in federal income $4,713,000 taxes for the 1980 tax year, and this sum averaged $1,593 for each Taxpayers return filed last year. These were some of the facts gleaned from a Utah Foundation analysis of a report recently released by the Utah State Tax Commission. According to the study, Payson taxpayers filed 2,958 federal tax returns for the 1980 tax year and reported gross income totaling $45,977,000. Thus, gross income per return averaged $15,543 for that year, and compares with a statewide average of $16,413 per return. For the state as a whole, Utahns paid $1,359,000,000 in federal and state income taxes on their 1980 incomes. Approximately of this $1,091,000,000 or 80 total represented federal tax payments, with the remaining ' represen$268,000,000 or 20 ting income tax payments to the state government. Federal and state income tax payments have multiplied 3.7 times between 1970 and 1980, according to the Foundation. Adjusted gross income, on the other hand, rose only 3.2 times during this same period. ten-ye- ar As a result, the percentage of gross income going for federal and state income taxes in Utah in 1970 to climbed from 13.7 15.8 in 1980. Major factors accounting for this steady rise in the proportion of gross income going for income taxes have been inflation and the progressive nature of the federal and state income taxes. As incomes increase with inflation, individuals and families are into income higher pushed brackets and a larger proportion of such incomes is taken for taxes. Foundation analysts point out that Congress enacted tax legislation last year which attempts to counter this bracket creep by indexing the federal income tax for inflation beginning in 1985. The purpose of this indexing measure is to remove or lessen the inflation factor from the progressive federal income tax. Similar indexing legislation also has been enacted by about a fourth of the states that have state income taxes with progressive rates. Because of this federal indexing measure and other tax cuts enacted by Congress last year, the Foundation does not expect that the proportion of gross income going for federal income taxes will change appreciably in the years ahead. State income taxes in Utah, on the other hand, will continue to be affected by bracket creep resulting from inflation. The effect of this bracket creep on state taxes during the 1980s, however, probably will not be as great as it was during the 1970s, because most Utah taxpayers already are in the highest tax bracket ($7,500 and over). Utahns Altogether, 522,528 filed federal income tax returns for the 1980 tax year. These filers reported total adjusted gross income of $8,577,114,715, or an average of $16,413 per return. Santaquin celebrates Ye Olde Swimming Hole Days and Santaquin City Celebration will get underway Thursg celebraday with a tion at 6:30 p.m. at the bowery in West Park. The ribbon cutting will be followed by a baby contest. On Friday, August 6th, there will be a Kiddie Parade from the school to West Park. The parade starts at 10:30 a.m. but entrants should be in line at 10 a.m. From 11 a.m. to 6 p.m. there will be games, rides and a bake sale and white elephant sale at West Park. ribbon-cuttin- Dinner will be served from 4:30 to 6 p.m. on Friday at the bowery. The cost for the dinner is $1.50 per person or $7 per family. At 6:30 p.m. on Friday there will be a Mammoth Parade on Santaquin Main Street, followed by a dance at the bowery at 9 p.m. On Saturday, the Santaquin Roping Club will host a roping meet that will continue all afternoon. The roping will take place at the Santaquin Arena. The meet will be continued Sunday morning. Downtown transformer Members of Paysoas Electrical Department work on a huge transformer which arrived Saturday. The transformer was placed on a pad behind the Payson Police Station where it will become part of the new downtown substation which will replace the old substation by the city shops. The new transformer, which cost the city approximately $96,000, transforms the 45,000 volt transmission voltage down to 7,200 to 12,000 voIta for use by consumers. The new substation will go on line sometime after January 1983. Superintendent Dennis Lewis explained that the Electrical Department had two priority projects to complete before they can start work on the new substation. The projects are the completion of the new 500 East transmission line and the removal of the old race track substation. The new transformer to part of a carefully planned phased upgrading of the Payson electrical system. iTT rff ifTto. m ,n |