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Show Enterprise Review Pige7b Parkinglb Problems Trouble Merchants, Planners continued from page and one going back. How many trips does each category make every day? asks Dark, and when are they going to do it? Seasonal fluctuations, and differences in use by the different kinds of establish- ments create confounding problems for parking engineers. The whole problem turns out to be political, Dark continues, because whatever one establishment does with its parking needs has an impact on other establishments. When you add to the above complications those of the individual characteristics of different areas, and the lack of demand for fringe parking, you have a $200,000 study on your hands, Dark concludes. Not Profitable Parking is not a profitable business, says Garon Aldridge, assistant manager of Zion Securities. But parking is necessary to make business viable, he adds. Parking is considered a support function by the city, not a profit center. It is one of the costs a developer must bear in order to support the traffic into his business. Egbert Parking Systems does not own the land from which it operates; rather, it leases land and garages. Turpin of the Redevelopment Agency. You just cant, concludes. Between 1971 and 1974 Parking companies could not traffic downtown decreased by afford to buy land and build 10t15 percent, according to parking structures, says one the State Department of city official. It wouldn't be Transportation. profitable. As parking spaces have To a lay person, the cost of increased, has traffic also building a parking structure is increased? Yes, says P.D. Kaiser, city traffic engineer, An aboveas parking spaces increase, ground structure costs between per stall to generally traffic also proporbuild, says an architect with tionately increases. Donald H. Panushka 'and But, he adds, no one has Associates, G. Cannon Young, measured traffic downtown who designed the Hotel Utah since the beautification project and. L.D.S. Church Office was completed. Building underground parking At present time, State lots says the cost of building an underground parking lot is Street is operating at its capacity during peak hours, double that of an abovesays Kaiser. He added the city ground lot. When you build is in the process of improving an underground lot, your main its signal system to improve problem is ventilation, the flow of traffic. How are Young explains. you going to get all that Concurrently, UTA bus carbon monoxide out? That's ridership has increased. the main expense. According to John English of the Wasatch Front Regional Then you have fire sprinCouncil, the bus was carrying klers, drains, and you have to an average of 646,000 riders provide for power failure, he per month in January, 1975. adds. To build an underBy January 1976 that figure costs stall ground parking had jumped to 885,000. stall. between per The UTA is getting an How are you ever gomg to additional 206 new buses in get back $9,000 a stall at 50 April to implement- a more cents an hour? asks Richard complex transportation mind-bogglin- g. $4-5,0- 00 $8-10,0- 00 - Financial Image Systems New in Utah A firm devoted exclusively FINANCIAL PUBLIC RELATIONS your Annual Report is an annual headache, let us assist you from the planning to final delivery of a report that will present your company to your stockholders and the financial communif in an accurate and favorable light. If We can also assist with interim reports, preparation of news releases and shareholders letters, contact with the financial press and brokerage and community relations. No headache too small to receive our professional help. Take two aspirin and call (or write) today for more detailed information. financial Image. Systems 2554 Dearborn St. Salt Lake City, Utch 84 1 06 (801)467-643- 8 he to, system for the Wasatch Front. The bus is giving Downtown is not a mall, says Latta, and it never will an be. We will always have a increasingly high level of parking problem. Its the transportation service to the nature of the place. But that central business district, doesnt make downtown any less says English. desirable, she concludes Pioneer Bank Schedules Spring Opening Industrial and commercial businesses at 17th South, 3rd West will soon have a new bank to serve them. Pioneer Bank, currently under construction at the site, and scheduled to open it doors April 1, has set as its primary target tenants of the rapidly-growin- g district in which it is settling. We think this is the finest commercial bank location outside of the downtown area. It is a good place for a new, young, aggressive bank, said Robert Hunter, vice president of the new firm. He said he looks forward to the banks growing with the area and complementing its growth. Principals of the bank are Richard Grover, President, Robert Hunter, and Grant Kessler, Richard Clayton, Bill Evans, William Wolfe and John Gaskill. It was incorporated January 30, 1976. It will be a bank with drive-i- n facilities, Hunter said. Vice-Preside- nt full-servi- ce We Cant Go It Alone by D. VanDeGraaJf Utah is fortunate in having rich deposits of energy minerals: Coal is, of course, our most abundant fuel. Commercial oil production, begun in 1948, is now around 45 million barrels annually. Natural gas was produced for use in Salt Lake City as early as the 1890's. Uranium will surely play an important part in nuclear power plant development. Lithium, found in significant quantities in the Great Salt Lake, may prove to be valuable in building electric automobiles or for other long-lif- e battery applications. Millions of barrels of oil shale and tar sand oil remain relatively untapped. Our mountains and streams power and we have a number of provide hydro-electri- c promising geothermal areas. Utah is an energy state. Development of these resources has given state and local governments excellent tax returns, provided employment, encouraged industrial development and raised our standard of living. With these proven results it is understandable why the majority of Utahs citizens and political leaders favor the continued, and even expanded, development of our energy capability. It is less understandable to hear arguments encouraging a no growth policy for our state or advocating our energy be saved for use exclusively in Utah. No growth presumes that what we now have is sufficient to meet all future needs. Population control would be necessary because we could not maintain current living standards for a larger number of people without expanding energy production. Those individuals wishing to upgrade their personal lifestyle would be locked into the status quo, unless they were able to redistribution of goods and services, in orchestrate a wide-scal- e which case others would be deprived. If other states were to do the same, our relative position on an international basis would be jeopardized in competition with other industrialized or developing nations. We would have to accept that new technology, would be limited or Those who provincially feel that Utah should not export its resources fail to realize that no state can stand alone. The basis for strength of our national economy is interstate commerce. No one seriously suggests that Kansas not export wheat or California winter produce. Every automobile driven in Utah, and most of our manufactured goods, come from out of state. Even in the field of energy, we are, to a degree, dependent on other states. The gathering and distribution system is such that Utah refineries use significant amounts of oil from Colorado and Wyoming. More than half the natural gas used in Utah comes from somewhere else. Gasoline and other products are brought into the Southern part of our state from a CalifomiaNevada pipeline and into the Northern part of the state by a MontanaWyoming pipeline. In addition, there are truck deliveries in Southeastern Utah from non-existe- nt. Arizona. Utah is in the natural resource development business. We ship our resources to other states and, they, in turn, ship theirs to us. Interstate dependence and desirable economic health substantiates the need for future growth of energy industries. I believe it was Harry Truman who said, true conservation is the wise and prudent development of our natural resources. ' |