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Show The Enterprise Review , December I, 1976 Page 9b A Agency Sells Bonds INVESTORS EARN 12 ON YOUR MONEY Bonds arc being sold by the Salt Lake City Redevel- opment Agency to refinance its indebtedness. I ni minimum of 12 secured b dttdi of trust on homos, unimproved lands and commercial Utah properties. i investments thorough! processed and investigated United Mortgage and protected bv title insurance. All According to Mike Chitwood. agency director, the bonds will go toward financing the citys land inventory bv Our record Is perfect-o- ur investors have never lost a cent in over 23 years of doing business. and other projects. For further information, no obligation of course, please call or write to: 486-587- Normally, we sell the bonds annually. But this we are year selling them for five months, since we only expect to sell a major piece of land by June, 1977," Chitwood explained. Chitwood said he is expecting the $3,382,000 in project notes to bear about 3.5 percent interest, since 1 UNITED MORTGAGE COMPANY 2900 So. Stale, Suite 100 Salt Lake City, Utah 841 IS V. they are tax exempt and short term. They will mature June 24, 1977. Bids are being accepted until December 7. AIRFREIGHT CORPORATION t. ' T3 V' Pembroke s Awarded for Service .- - A.H. Pembroke Company of Salt Lake City, Ogden and Provo, has been awarded the 1976 Service Award by the 3M Company Business Products Division. Holiday Season Off But not Running Christmas lights along Salt Lake's Main Street were fired up last weekend in what downtown merchants refer to as the kick off of the official Christmas shopping season. The weekend before Thanksgiving has traditionally been the beginning of the biggest sales quarter of the year and this season should be no exception even though some retailers say sales are down substantially. A lack of snow and unseasonably warm weather have contributed to what one merchant termed a slow start. That retailer (not volunteering his name) said that winter sales are down 10 But he to 25 percent. predicted that sales will even out by the end of the quarter, The providing the weather changes. Dependent on snow foY ski sales, Tally Stevens, Stevens and Brown Sports Company, said that his business is off slightly and the sales pciture is not optimistic at this point. Stevens said that his business is dependent on both the ski and tourist industries but thus far, those industries are neither booming nor predicting boom. Downtown hotels, usually a flagship of the tourist industry, also reported low occupancy rates for the Thanksgiving weekend but most hotel managers said the holiday weekend would have only a small impact on business for the month of November. Ski trip cancellations contributed to a 30 percent c occupancy rate at the Travel Lodge for the long weekend, said Rod McDonald, hotel manager. Barry Sine, manager Hotel said that skier cancellations have dropped the weekend occupancy rates about 30 to 40 percent. Other major hotels said that weekend voids were evident but declined to say how many rooms were vacant because of cancellations. Tri-Ar- New-hous- e, In accepting the award. Rollin Hurlbut, manager of customer services for Pembroke, said this is the third AIRTRAC-NOV- O's totally new computer- ized system that assures complete control of your inbound or outbound air shipments and e deliveries. Backed by guarantees dthis specialized communications network, we can put our fingers on your shipment anywhere and anytime. NOVO offers exceptional speed. For small packages up to SO pounds, we put them on the next flight, with same day service available to many dcsinations. Door to door service. Packages are picked up by our own trucks at the vendor's plant. and delivered to the consignee's door. No airport baggage counter hassle. I never got It! Not with NOVO. We provide a signed, dated, and time noted proof of delivery. Check into NOVO. We're one of the largest air forwarding companies in the nation. And for good reason. Novo Airfreight Corporation SLC International Airport Salt Uke City, UT 84122 8 (801 532-420- year the company has been chosen. Criteria for the honor include performance in the areas of promptness and excellence of service, accounting procedures and product knowledge, he added. The award this year was presented to only thirty 3M service facilities in the nation. He knows where to take his lady to dine Dining like in San Francisco . . . New York . . . Paris. Romantic live music enhances your unforgettable evening. Nightly except Sunday. Drive to the door and leave the parking to us! laflcufdclys 338 South State Telephone 359-575- JCs Boost Budget for X-M- as Lights About $9,000 was added to the Christmas light expenditure this season. Fixtures came from the Vaughns Corp., a Christmas decoration specialty company in Minneapolis, Minn. The Salt Lake JCs purchase the lights each year in hopes that contributions from downtown merchants will repay their generosity. Last season the JCfs spent about $13,000 on the street decor and of that about $9,000 was recovered through donations by the merchants and the Days of 47 committee. Each year the JCs allocate between $5,000 to $10,000 for the decorations. Utah Power and Light dontates the power for the city to burn the electric garnishings. Last year that sum came to $438 and it should be only slightly more this season, said a spokesman from the power company. |