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Show The Garfield County Insider Page 4 April 16, 2009 Intermountain Power Agency Completes Sale of $260 Million in Refunding Bonds LEGAL NOTICES Despite the most difficult financial markets in over a generation, the Intermountain Power Agency has completed the sale of $260 million in subordinate lien revenue bonds. The bulk of the proceeds from the bond sale were used to replace variable rate bonds issued in 1985 that can no longer be renewed in today’s markets and also to refund bonds issued in 1998 and 1999 at lower interest rates. “We are pleased that the debt markets recognized the continuing value of investing with IPA in the Intermountain Power Project,” said James A. Hewlett, general manager of the Intermountain Power Agency. “With bad news from the financial world on the front pages every day, it’s gratifying to see transactions like this one moving forward.” The sale of IPA bonds PUBLIC NOTICE was helped by the issuance of positive debt ratings by the three major ratings services – Standard & Poor’s, Moody’s and Fitch. For instance, in issuing an A+ subordinate lien rating to IPA’s 2009 refunding bonds, Standard & Poor’s cited the overall credit quality of the six participating California municipal electric systems, IPA’s continued sound financial performance, an efficiently run system, and adequate legal provisions on the senior and subordinate debt. Morgan Stanley & Co., Inc. served as senior manager and George K. Baum & Co. as financial advisor on the deal. The Intermountain Power Agency is an organization of 23 Utah municipalities formed to finance, construct, operate and maintain the Intermountain Power Project. The Project generates enough electricity to supply the needs of more than 1.5 million homes. Historically, the Project has been one of America’s cleanest and most efficiently operated coal-based generating stations. Today, the Project has expanded its efforts to improve environmental performance to include reducing greenhouse gas emissions. The Project is investigating several strategies for off-setting, reducing and capturing and storing carbon dioxide emissions. The Project is also actively supporting the development of renewable energy resources in Utah. The Intermountain Power Project includes a two-unit coal-fueled generating station located near Delta, Utah, two transmission systems, a microwave communication system and a railcar service center, all built as a joint undertaking by 36 utilities in Utah and California. F I f fin l e e e There are hundreds of excuses you could use to avoid getting screened for colon cancer. But no excuse is a good excuse when your life’s on the line. If you are 50 or over, go get screened. For more information, visit ./ %8#53%3 '%41-888-222-2542. 3#2%%.%$ 4/$!9 www.ucan.cc or call the Health Resource Line at Please take notice that the Garfield County Board of Adjustment has scheduled a public hearing on Wednesday, April 22, 2009, at 1:00 p.m. in the Garfield County Commission Chambers, located at 55 South Main Street, Panguitch, Utah, to receive public comment regarding a variance request of 6 feet instead of the required 15 feet, by Mr. And Mrs. Craig and Cynthia Anderson for Lot 9, Unit A of the Beaver Dam Village, Panguitch Lake Utah. Published in The Garfield County Insider on APRIL 9, 16, 2009. UPAXLP COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) SECOND PUBLIC HEARING NOTICE Cannonville Town will hold a public hearing to discuss potential project determined to be applied for under the CDBG Small Cities Program for Program Year 2009. The project being discussed will be to Control Flooding by Constructing a Curb and Gutter drainage system. Comments will be solicited on project scope, implementation, and its effects on residents. The hearing will begin at 700 P.M. on April 24th, 2009 and will be held at the Cannonville Town Hall, 25 South Redrock Drive, Cannonville, Utah. Further information can be obtained by contacting Mayor Jeff Stock at 679-8553. In compliance with the Americans with Disabilities Act, individuals needing special accommodations during these hearings should notify Mayor Jeff Stock at the above telephone number or in person at 150 West Stock Lane, Cannonville, Utah, at least three days prior to the hearing to be attended. Published in The Garfield County Insider on April 16, 2009. UPAXLP PUBLIC NOTICE DISTRICT COURT, STATE OF UTAH, GARFIELD COUNTY 55 South Main Street, Panguitch, Utah 84759, Telephone: (435) 676-1104; Facsimile: (435) 676-8239 IN THE MATTER OF THE ESTATE OF ELIZABETH FINLINSON FOY, deceased, NOTICE TO CREDITORS, Case No. 093600002, Assigned Judge: Wallace A. Lee, NOTICE IS HEREBY GIVEN that HOWARD J. FOY, was appointed as Personal Representative of the estate of ELIZABETH FINLINSON FOY, and creditors of the estate are given notice to present their claims to BARRY L. HUNTINGTON, attorney for the estate, P.O. Box 388, 55 South Main Street, Panguitch, Utah 84759, within 3 months after the first publication of this notice or be forever barred. DATED this 2nd day of April, 2009. BARRY L. HUNTINGTON Published in The Garfield County Insider on APRIL 9, 16, 23, 2009. UPAXLP REQUEST FOR BIDS Request for bid for work at Garfield Memorial Thrift Store located at 65 North Main in Panguitch, Utah. Tasks to be completed: 1. Remove existing west entry door and steps. 2. Install ADA approved ramp and full size entry door. 3. Install canopy on west side of building. 4. Install metal roofing material to cover entire building, including new canopy. 5. Install rain gutters, as appropriate. 6. All materials and labor supplied by contractor. Contact Jon Torgerson at 435616-3001 for specific details. Submit sealed bid by to: May 7, 2009 to: Jon Torgerson, Garfield Memorial Hospital, P.O. Box 389 Panguitch, UT 84759 Bid will be awarded on May 11, 2009 The contractor will have 45 days from award date to complete work. Published in The Garfield County Insider on APRIL 16,, 23, 30, 2009. UPAXLP PUBLIC NOTICE Please take notice that the Garfield County Board of Adjustment has scheduled a public hearing on Wednesday, April 22, 2009, at 1:00 pm in the Garfield County Commission Chambers, located at 55 South Main Street, Panguitch, Utah, to receive public comment regarding a variance request of 6 feet instead of the 15 feet, by Mr. and Mrs. Craig and Cynthia Anderson for Lot 9, Unit A of the Beaver Dam Village, Panguitch Lake Utah. PUBLISHED in The Garfield County Insider on April 9,16, 2009 UPAXLP ADVERTISEMENT OF SALE ./ %8#53%3 '%4 3#2%%.%$ 4/$!9 U TA H D E PA R T M E N T O F H E A LT H ./ %8#53%3 Is a Living Trust Right for You? '%4 3#2%%.%$ 4/$!9 The use of a revocable trust (sometimes referred to as a “living trust” or “family trust”) to plan one’s estate has become very popular. Despite the popularity of the revocable trust, revocable trusts are not without their potential problems. First, it is important to understand that there is no definitive answer as to whether a trust is necessary. Another estate planner explained that asking whether a revocable trust is good or bad is like asking whether a wrench is good or bad. It depends on what you are trying to accomplish. A trust is just an estate planing tool. Whether it is good or bad depends on your needs and desires. Although there are many factors to consider in determining whether a revocable trust is right for you, here are a few of the more significant factors: 1. Avoiding Probate. It is true that a properly funded trust avoids probate. If the goal of the client is to avoid probate, it is critical that the trust be properly funded. To “properly fund” a trust, title to all assets and beneficiary proceedings. This situation designations for insurance can be avoided through the policies and retirement./ ac-%8#53%3 use of a revocable trust. '%4 3#2%%.%$ 4/$!9 counts must be reviewed. 3. Avoiding Court ApA properly funded trust pointed Conservatorship. A avoids probate because the properly drafted trust should owner of the assets (gener- provide for the management ally termed the trustor, sett- of trust assets in the event lor, grantor or trustmaker in the person contributing the the trust document) conveys property to the trust beownership from him or her- comes incapacitated. This self (in his or her individual would avoid the need for a capacity) to him or herself court appointed conservator as trustee of his or her trust. for financial matters. Probate is avoided because In conclusion, a revofor “probate purposes” the cable trust is an important deceased person does not estate planning tool. Deown assets but rather the pending on your individual trustee of the trust owns the situation and desires, you assets. It is critical to under- may decide to use a revostand that a revocable trust cable trust as your principal only avoids probate if the estate planning tool. As assets have been properly in all estate planning decitransferred to the trust. sions, being educated about 2. Out of State Prop- your choices is key in deerty. A revocable trust is ciding whether a revocable especially useful if you trust is right for you. own real estate in another Jeffery J. McKenna is a lostate. Real estate in another cal attorney serving clients in state generally requires a Utah, Nevada, and Arizona. probate proceeding in that He is a shareholder at the law state. If you live in one firm of Barney & McKenna, state but own real estate in with offices in St. George and another state, your benefi- Mesquite. He is the former ciaries may be required to President of the Southern Utah commence multiple probate Estate Planning Council. Notice is hereby given that Universal Storage intends to sell the personal property described below to enforce a lien imposed below. Universal storage will sell at public sale by competetive bidding on May 7, 2009 between 9:00 a.m. and 11:00 a.m. on the premises where said property has been stored. (1455 N. Hwy 89, Panguitch. Purchase must be paid for in cash at the time of purchase. All items sold as is, in bulk single unit transaction. Items must be removed the day of sale. Sale subject to cancellation by manager or in the event of settlement of obligation. Unit # 77, Brad Porter, P.O. Box 325, Panguitch, Utah, Personall effects. Universal Storage Centers 1127 W. Sunset Blvd. St. George, UT 84770 NOTICE TO WATER USERS The State Engineer received the following Application(s) in Garfield County (Locations in SLB&M). For more information or to receive a copy of filings, visit http:// waterrights.utah.gov or call 1-866-882-4426. Persons objecting to an application must file a CLEARLY READABLE protest stating FILING NUMBER, REASONS FOR OBJECTION, PROTESTANTS` NAME AND RETURN ADDRESS, and any request for a hearing. Effective July 1, 2009, there will be a $15.00 fee for each protest filed. Protest must be filed with the State Engineer, Box 146300, Salt Lake City, UT 84114-6300 on or before MAY 13, 2009. These are informal proceedings as per Rule R655-6-2 of the Division of Water Rights. (The Period of Use is generally year-round except irrigation which is generally from Apr 1 to Oct 31 each year.) NEW APPLICATION(S) 97-2347 (A78446): Danny and Kym Reid propose(s) using 1.73 ac-ft. from groundwater (North of Escalante) for IRRIGATION; DOMESTIC. 97-2348 (A78451): Flint and Melisa Chynoweth propose(s) using 1.73 ac-ft. from groundwater (1 mile South of Escalante) for IRRIGATION; STOCKWATERING; DOMESTIC. Kent L. Jones, P.E. STATE ENGINEER Published in The Garfield County Insider on APRIL 16 & 23, 2009. UPAXLP PUBLIC NOTICE The Utah School and Institutional Trust Lands Administration has received an application to amend an existing lease to add surface of the following described acreage: GARFIELD COUNTY Township 36 South, Range 11 East SLB&M Section 2: NE1/4SE1/4 Containing 40 acres, more or less. Any individual wishing to submit a competing application to purchase, lease, and/ or exchange for this property, a portion thereof, or a parcel including any of the abovedescribed acreage, should also file an application and the appropriate application fee(s). The Trust Lands Administration will accept competing applications during the following period of time: From 7:00 A.M. FRIDAY, April 17, 2009 Until 6:00 P.M. MONDAY, May 18, 2009 TRUST LANDS ADMINISTRATION 130 NORTH MAIN STREET RICHFIELD, UT 84701 (435) 896-6494 Reference No.: SULA 1398 Amendment The Agency reserves the right to reject any application subsequent bids. Published in The Garfield County Insider on April 16, 23, 30, 2009. 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