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Show 'J ImdMcsrineiill By LUCINDA M.SCHUFT Staff Writer , After stalling for several ROY weeks, the City Council gave the Tuesday on its first bond inducement resolution for a commercial development in Roy. The council unanimously passed the measure which gives Snarr Development company a $10 million bonding capability for the proposed project to be located in the area along 1900 West and Riverdale Road in Roy. Snarr is planning a major grocery-dru- g store-typ- e development for the area which runs from the Rollins-Stoc- k go-ahe- , Veterinary Hospital to Sparrows Furniture Store on the south end of the Kslufliiini parcel. Paul Brown of Snarr and Associates is responsible for the land acquisitions in the area. He said his company already has a commitment on 4.26 acres where Roy Auto Parts is located. Brown said Snarr has been in contact with other property owners in the area but would not comment on the negotiations for the additional property involved in the project. The inducement resolution was passed with a memorandum agreement to the city which pertains to the 4.26 acres which has already been obtained by the company. Included in the agreement is that the legal title to the land must be obtained by Snarr within 60 days and the parcel must be cleared of existing structures within the next seven months. Other stipulations included the obtaining of a firm written agreement or acknowledgement of the major tenant for the project within a period. Roger Dutson, city attorney and redevelopment agency director said he had reviewed the proposal and he had not fourd any major problems with the company. It appears that if we dont issue an inducement bond to these people we are six-mon- commercial encouraging development in that area, Dutson told not the council. ivem Developer by Roy He also reminded councilmen that there was no way they could guarantee that any project was going to be suc- cessful. Mayor Joseph Dawson told those in attendance that the property is already zoned commercial and anyone could come in and build a similar project in the area. Dutson explained that the in- ducement bonds enable the developer to sell bonds to finance the project under the cloak of being a government entity which allows the bond to be tax free. The bonds will be issued in the citys name when the company finds investors for the project. There is a three year limitation put on the tax free status of the bonds by the IRS and no financial obligation on the part of the city. Jim Peterson of the Snarr Development explained that the proposed shopping center will be aimed at meeting community needs. Dutson said this approach was necessary because of the availability of three major malls in the area. He said the project must be aimed at the local rather than the regional purchasers. If the stipulations in the memorandum agreement are not met, the city retains the right to withdraw from the agreement, Dutson said. He said the $10 million being asked is the maximum amount allowed in an inducement bonding situation. The measure was approved unanimously by the council members in attendance. However, missing at the Tuesday meeting were Jack Pierce and Richard 0. Ulibarri. Dutson said the Roy Redevelopment Agency is not directly involved in the project and will only become involved if property must be obtained through condemnation proceedings. He said that a key factor in the city being approached on this project was the redevelopment agency which was recently established. Index Busmens Church Classified Kconomy Review Home Living 2D-3- i 6B-7- Sports 1 CARPENTRY is the central message in this table setting by Rayan Bangerter of Roy High School. Miss Banger- - ters setting will go on to the state competition sponsored by ZCMI Stores. - ' Tool Shed, Picnics: Royal Table Setting Contest Winners Noted ROY The winners of the Royal Table Setting Contest at Roy High School were announced last week. The annual contest, which enables wiifners to go on to state competition at ZCMI Stores, Was held last Wednesday in the high school library. Entries ranged from the very elegant with lace and crystal to the s unusual and even primitive. One entry depicted a gambling scene and another looked like someones tool shed hammer and all brought to the dinner table. Four of the table settings will go on to the state contest. They were designed by Cheryl Crittenden, John Caroline, Annette Smith and Rayan Bangerter. The state competition will be held at the Layton Hills Mall ZCMI Store April 11 through 18. Other awards were given to en- -. trants, including Nancy Bradshaw, ' most creative; Vicky Larsen, most unique; Richard Nielsen, participants choice; and Lorna Whale, A PICNIC 1HEME was used by Annette Smith in her first place table top setting. Miss Smith and three other first place winners from Roy High School will go on to a state tabletop setting contest sponsored by ZCMI Stores annually. The Roy finalists will display their settings in April at the Layton Hills Mall ZCMI. Lwmkeirs . ( Editors Note: This is the second part of a two part series which looks at the impact of the statewide factoring program started this year, and its affect on Davis County residents. By LUCINDA M. SCHUFT StaffWriter State lawmakers are considering several bills aimed at limiting possible increases in taxes which could result from the newly implemented statewide factoring program. ' The factoring program was effective as of Jan. 1, started by the State Tax Commission in an attempt to equalize property assessment levels statewide. chairRep. Franklin Knowlton, man of the revenue and taxation committee in the state House of Representatives, said there are several issues being discussed by the house at this time concerning the factoring program. Bills under consideration include actions which limit the amount a taxing entity could SALT LAKE CITY most elegant. Honorable mention was given to entries from Kathy Babbitt, Jean Browning, Kim Chatlin, Regina Christopherson, Beckie Kolb, Julie Marshall, Melody Navarro and Connie Thompson. The awards given to the Roy High School winners included small crystal, silver and china items. - 6 B 711 11 Section Thursday, February 12, 1981 Serving 31,500 Families From Roy Through Centerville No. 25 1) .'ll) 41) 31) Obituaries Vol. V SUNSET Delinquent water bills in this city have been troubling the City Council for several weeks. Council members have been in disagreement on just how to deal with the problem and this week agreed on a tenative plan which could help ease the problem. Council members were told by the citys legal council, Steven Bailey, that a proposed plan, which would make landlords partially responsible for was water renters bills, discriminatory. The proposal had been discussed during the previous council meeting --vvhen the council had voiced concerns the fact that most of the collecabout J tion problems on water bills stemmed from renters. The agreement reached by the council included the drafting of an agreement which would need to be signed by both the renter and the landlord before water service could be provided at a home. The discriminatory portion of the agreement, Bailey said, was the wish to collect a larger deposit from someone who was renting rather than buying a home in Sunset. The attorney said that would not be fair to all involved. He also told the councilmen they should be aware of the fact that utility companies are required to pay interest on deposits they hold. until they move out. Homeowners deposits are refunded after their first year of using Sunset water. Following much discussion on the issue the council members decided to include a stronger wording on the monthly water bills and to pay closer attention to the collections and water shutoffs. Councilman Bruce Watkins told the council he could see no difficulties with the current ordinance on the collection of water bills as long as it was followed specifically. The citys water ordinance states that water bills are delinquent 60 days after billing and the water could be shut off after that period. deposits Watkins told the council he felt if that were enforced the city would have fewer problems. Councilman Scott Mikelson seemed to feel this wasnt the answer. He told the council there were nearly 200 water users in this category and the city did not have the manpower to turn that many off at one time. The council opted to table action on the proposed agreement between landowners and tenants but moved to put the stronger language on the water bills each month. A decision also was reached to start stronger enforcement on the collection of the water bills. Mayor Norm Sant said, The city is going to be cracking down on delinquent water bills. Sunset currently holds renters New Passes Offered at Roy Center ROY The City Council approved a request Tuesday to offer special yearly family passes for the Roy Recreation Complex. The yearly family passes will be available in April and May of this year to residents of Roy. Virgil Howe, director of the recreation center, told the council he would like to see the passes offered to help stimulate more interest in the complex. He said the passes would be offered on a similar basis to the original charter passes which could be renewed annually at the same rate they were purchased at. He said the center could sell up to 350 of the family passes to bring the complex up to the same level as it once Continued on Page 2A Reservoirs Up, Snow Less Than Year Ago Water available for use in reservoirs along the Wasatch Front was recorded at record levels during the first part of February. Storage levels reported by the Soil Conservation Service show that the reservoirs range from 113 to 133 percent above average capacity. This time last year the reservoir levels were also above average but remained lower than the levels reported this year. The snowpack in Davis County is reported to be down from last year and ranges from 46 to 65 percent of average. Max Phillips of the Soil Conservation Service at Layton said, The late January snows improved the snowpack, but were still considerably below average. Surveys of the snowpack taken on Jan. 29 show the water content in the snow pack. The amount of water in the Farmington snow courts (lower) as of Jan. 26 was 5.6 inches which compares to 14.1 inches of water at the same time last year. According to the Soil Conservation Service, the irrigation and culinary water from live streams and springs may be short this year if the snow level remains the same. insSdeir'Tx Limiting Measures raise its taxes in any one year and define just what amount a home can be taxed on, and also several which aim at limiting the mill levy for the uniform school fund. House Bill 104 addresses the amount of tax increase any local taxing entity can appreciate in a year in which assessment levels are changed by the State Tax Commission. Previously, the bill had addressed only the assessment increases resulting from a reappraisal. Bill 104, sponsored by Knowlton, adds the wording to include any assessment adjustments made by the tax commission. Knowlton explained that the bill is being introduced to limit the amount of taxes which could be generated by the factoring program. The factoring program has increased assessed property values in Davis County by an average of 43 percent in 1981. If the mil levy remains at its current level in Davis County a windfall in revenue could result. Knowlton said the bill is aimed at rolling the mill levy back to a level at which the windfall i could not happen. According to Davis County Assessor Thayne Corbridge, the county mill levy would have to be lowered to 9 or 9.5 mills from its present 13.05, in order to keep within the limit being asked for in this bill. The bill limits the amount of increase in revenues for cities and counties to not more than 6 percent of the previous year. In Davis County the bill could save taxpayers about $1.3 million in 1981. The 43 percent increase in assessment values in Davis reflects the average increase due to the factoring program statewide. The changes in assessed values ranged from a reduction of 1 percent to a 200 percent assessed value increase in counties throughout the state. Knowlton said another bill being considered in relation to the factoring program is House Bill 164 which addresses the method used in appraising property for assessments. The bill, if passed as it now reads, would eliminate a number of fees figured in the sales price of a home which are not actually part of the house. The fees which would be knocked off the value for assessment purposes include real estate fees, discount points, prepaid taxes and special assessments. Both of the bills are currently before the House of Representatives. Knowlton said that if the factoring program goes unchecked it could result in additional revenue for the state as well as about $16 million in additional revenues for local taxing entities statewide. According to David Duncan, chairman of the State Tax Commission, the factoring program was mainly initiated in order that all counties would be taxed on an equal basis for the uniform school fund. Duncan explained that the tax commission had settled on assessing all property in the state at the 1978 level at 20 percent of its value. He said this caused difficulty for several counties which had a low tax assessment level previously. i The other area of concern for the legislature involves limiting the mill levy for the uniform school fund. The current mill levy of 24 mills for the school fund, if left untouched, could generate an additional $25 million in 1981 for the fund with the new factoring program. House Bills 193, 194 and 195 are involved with this issue. Knowlton said they have not yet been brought before a committee, but he said they could have a drastic effect on the uniform school fund. He said one area under consideration in these bills is the removal of the uniform school fund mill levy from real property and raising the funds from a sales tax instead. Duncan said the tax commission took action on the factoring program in December to allow time for the State Legislature in its 1981 session to deal with the program. He said the commission will also be continuing its reappraisal program and will attempt to keep all counties up to date. J |