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Show Or N04'97' rR t'Cl-2i,c-M- iffilALS or v CREEK 1 utrr iLC 1 3 LIP RAKII z U . l,s 'f UT !, t; I. j ' r '. :'' ' i ; L . 31112 Business news and commentary MA'f-vt.'J'- : Business will develop the lake if service is right Water, water everywhere, nor any drop to drink. Samuel Taylor Coleridge probably didnt have the Great Salt Lake in mind when he wrote the Ancient Mariner, but the words certainly are applicable to the situation at Utahs saltiest tourist attraction. John Price Associates, Inc. suggested the money that used for building a may-bvisitors center by the state should perhaps be devoted to w'ater and sewer facilities instead. e Chamber of Commerce and business representatives last week, all calling for guaranteed water and sewer systems at the lake before they would be willing to invest in development at the south shore. The Great Salt Lake is a sleeping giant out there, said Rich Robins, representing Trolley Square Associates and developer Wallace A. Wright. Robins said Wright would be interested developing something if proper water and sewer facilities were available. The key to making development of the lake work. Robins asserted, is to make it attractive to the locals who would in turn bring tourists. Mike Fletcher of Pearson Enterprises, a hotel company, said his firm would be extremely interested in looking at the south shore if facilities enabling multi-da- y stays became a reality. Boyd Jensen of Lagoon Corp. said it would be just plain foolishness to delay lake development with its potential for attracting many tourist dollars. And W. Sands Brooke of for Kennecott Copper E. Companys Kefauver, said a stack will be completed by next summer that will clean up the air around the south shore. Kenneth Lindberg, also representing the Salt Lake Area Chamber of Commerce and Ernst & Ernst, said the presentations have been made (See LAKE, page 5) City based pany has filed suit in federal oil drilling com- court against the Securities and Exchange district Commission claiming the agencys investigation is without cause and that as a result, it is unduly interfering with its business. Utah-OhioG- as & Oil. Inc. Stanley B. and its officers Nance, Daniel P. Dunlcvy. and Cal D. Nance filed the action against the SEC and six of its officials: Robert A. Davenport. Joseph F. Krys, Proposals to breach the Southern Pacific causeway have turned the north against the south industries lining the Great Salt Lake beaches. Whether the lake merits writing home about is also a issue. h-S- ou ooms by Milt Policzer Enterprise Staff Writer Its the Civil War just vet but industries on the north not and south sides of the Great Salt Lake arc feuding over whether to free southern lake water through a breach in the Southern Pacific Railroad causeway which cuts the lake in two. on the issue will not only affect the mineral extracting companies on the lake, but could have a A decision substantial impact on tourism on the south shore as well. The reason is salinity. Since construction of the Utah Driller protests SEC fishing expedition An independent Salt Lake V.; R. Clark Lindberg, speak- ing The Great Salt Lake Development Study Team heard from a parade of ' William J. Klein, David M. Abbott, Floyd G. Hastings and Rodcric L. Woodson. The action seeks injunctive relief which would force the SEC to reveal its reasons for the investigation, prevent the SEC from forcing the company to produce extensive amounts of documents and company information which could harm its ability to do business, stop the agencys questioning of business contacts, and stop Hastings, in particular, from questioning (See SEC, page 9) causeway in 1959. the north section has had a greater concentration of minerals and the south has had less. That means increased production for mineral companies in the north, less in the south, and substantially less buoyance for tourists to write home about. The causeway has been the subject of two lawsuits in this decade to force a breach or payment of damages to southern companies. Neither suit was successful. 25 of the general manager magnesium division of NL Industries Inc. disputes the He told the cost figure. Enterprise independent consultants hired by his firm found the breaching could be accomplished for only $4 million. NL, which markets trains a day The object of all this concern is 12.6 miles of porous rock fill. A trestle on wooden pilings had existed there since 1902 but it was getting old and needed Beconstant maintenance. sides, trains could travel only miles per hour over it. To case the strain, Southern Pacific built the causeway and it now accommodates some 25 trains a day at 50-5- 5 m.p.h. A spokesman for the Great Salt Lake Development Study Team recently announced the teams preliminary conclusion that the cost of 15 breaching the causeway, estimated to be $N million, couldn't be justified as a state expense since the benefits to the state would be worth much less. But James B. Chanev, magnesium and chlorine, has a SI 55 million investment at the lake in its plant and may be selling other mineral byproducts in the future. Chaney, who said he disagreed with the teams findings because I'd like to see it (the causeway) breach- ed, asserted his major concern is the concentration of minerals in the water, although the causeway also has had an impact on water levels. Had to build dikes m During the spring, 90 percent of the inflow ing water comes into the south portion of the lake. Chancy explained, and at its peak, the south can be several feet higher than the north. Not all the rise in water level is the result of the causeway, Chancy said, but NL did have to build dvkcs in 1975 and 1976. Peter Behrens, president of Great Salt Lake Mineral Co., (which uses brine from the north side,) defended the study teams finding. Behrens admitted there are more minerals in the north water now but his business was in built in the mid-60'- s North-Sout(Sec page 14) h, Downtowns no place for cows , pigs Palaces The Salt sal to propo- the state re-loca- te fairgrounds location at a downUwn adjacent to the convention center is considerand unfeasible ed by various private and government sources. The county owns the Salt Palace, and is advocating development of property to the west of the convention center as state fairgrounds. Palace officials pushed for a downtown site several years ago, and resumed the camself-servin- g after paign this summer Housing Corporation announced plans to build a high-ris- e apartment for house people on an acre of property it hoped to acquire from the Salt Palace. But the Salt Palace is now' stalling the sale, according to Dave Bidga of since a downtown state fair site is unfeasible. The Salt Palace is doing a lof if irrelevant roadblocking to avoid the issue, Bigda (sec FAIRGROUNDS, page 4) Multi-Ethni- c low-inco- Multi-Ethni- c, BESSfi&l VOLUME 7 NUMBER 18 MONDAY, OCTOBER 31, 1977 50 CENTS |