OCR Text |
Show Page 8 Wednesday, May 4, 1977 Sewer Bond Info. Sheet Prepared r, Continued From Page 1 ODTY dards. It is projected that construction will begin immediately upon passage of the bond, with the plant accepting sewage in late 1978. "WHAT WILL IT COST?" "The total cost of improvements is not $4.8 million. The Environmental Protection Protec-tion Agency has committed and is holding $3.6 million (or 75 percent of the total cost) for this project. The remainder remain-der is to be financed locally through the sale of $1.2 million in general obligation bonds. Connection fees from new buildings at $750.00 per unit and monthly service fees of $5.00 are projected to pay off the bonds. "IS A REGIONAL SYSTEM THE CHEAPEST WAY TO SOLVE THE PROBLEM?" "Yes. Upgrading of the present Park City plant was considered; however, the costs would exceed those of a regional plant for Park City residents, and a major problem would still exist downstream. down-stream. Participation in the regional district concept would cost residents $1,031,000 while upgrading Park City's existing plant would cost $1,525,000 if construction could begin immediately; however, the anticipated two-year delay for plan approvals would result in cost increases of about 24 percent. Monthly costs of a regional system will be $5.00 per residence, while monthly costs of an upgraded Park City system would be $8.50 per residence. "WHY FINANCE THROUGH GENERAL OBLIGATION BONDS INSTEAD IN-STEAD OF REVENUE BONDS?" "General obligation bonds cost less to pay off. They are the cheapest method of financing for the community for three reasons: TOE TOBLISMENT Featuring the best omeletts this side of Poison Creek. Open Mon.-Fri. 7a.rn.-3 p.m.; Sat &Sun. 8-6. Beer available. 317 Main Street THE VILLAGE PHARMACY IS NOW LOCATED IN MOUNT AIR MALL Open Monday-Saturday 9:00A.M -8:00P.M. Pharmacist on Duty 11:00A.M.-6:00P.M. GRAND OPENING June2nd-4th MANY PRIZES TO BE GIVEN AWAY GRANDOPENING GIVEAWAY ENTRY BLANK Name, Address. City. This entry blank must be presented in person to enter, but presence at June 4th drawing is not required to win 1 . Lower interest rate. 2. No revenue coverage requirement. 3. Easier to sell to investors. "Revenue bonds were considered, however it was determined that service rates would have to be increased to about $7.00 per month if they were issued. Service Ser-vice rates will be increased to only $5.00 per month with general obligation bonds. Although general obligation bonds allow a tax levy, it is anticipated that no taxes will be levied to pay off the bonds. Connection Con-nection fees and monthly service fees should provide all necessary revenue. " "WILL FEES BE INCREASED MORE IF THE BOND PASSES OR IF IT FAILS?" "Fees will be increased from $3.35 to $5.00 regardless of the passage or failure of the bond election, because Federal and State authorities will not permit the per-sent per-sent discharge levels to continue, and any improvement to the system would force an increase to at least $5.00 monthly. mon-thly. If a different system is chosen such as improvements to the existing Park City plant and construction of a second plant downstream, monthly fees would have to be increased from $3.35 to about $8.50 within the city and to over $13.00 outside the city. In addition, the EPA can place a moratorium on new hookups and fine the community for polluting waters of the United States if violations continue to occur and no efforts to proceed with compliance measures are made." In addition to the promotional literature, the sewer board has scheduled a May 12 public meeting to discuss the May 17 bond election. The meeting will be held at the Treasure Mountain Inn and will start at 7 p.m. '9 649-8284 .Phone. CO- i 3'- - ' -m . sst'iSP v .w. warns HAL TAYLOR ASSOCIATES P.O. Box 804 Park City, Utah 84060 Phone:(801)649-8181 THREE NEW DUPLEXES (above)-carpet and drapes. Ready for occupancy. Two car garage on each side. REMODELED BRICK HOME-on Prospect; great view of old Park City and mountains. Porches and unfinished basement. $38,000 HOLIDAY RANCH-1 acre lot, prepaid water hookup. Spectacular view of the ski slopes. $26,000. DUPLEX LOT-on 3rd and Woodside. Easy to build on. $14,500. CLAIMJUMPER 3BDRM CONDO-good view of ski hill: custom woodwork. $48,000. We have the two largest commercial parcels a available" on Main St. good terms available) Also commercial lots on lower Park Ave. COMMERCIAL LEASE !'! FOR SALE Established Main St. business in excellent location. Generates $800mo. revenue. Lease only, $11,950. RESORT CENTER 649-8181 OUNTAIN REALTY MOUNTAIN REALTY 1030 Park Avenue Phone: 649-9891 CLAIMJUMPER CONDO 3 bdrms wloft, 134 bath, fireplace, completely furnished. Immediate occupancy. $49,500 HOMESTAKE CONDO 3 bdrm, 2 bath, fireplace, with washer, dryer. Immediate occupancy oc-cupancy $43,000 GREAT VIEW with privacy, 2 bdrm home of 7 lots, 312 lots are vacant and ready for developement. excellent terms available. ' OLDER PARK CITY Victorian Home, 3 bdrm, partially remodeled, immediate occupancy, excellent terms. DUPLEX, 3 bdrms, 2 baths per unit, both units furnished, 2 car garage, also lots of deck area. ; THAYNES CANYON II LOT-one of the choice lots in this exclusive subdivision. 10 LOT BLDG SITE, Rossie Hill, best view lots in Park City. SUMMIT PARK LOT, Vi acre, beuatifully wooded. HIGHLAND ESTATES, good view lot priced for immediate sale. COMMERCIAL 1.5 acre parcel, excellent terms available, will build to suite any size commercial bldg. M mm j , I 1030 PARK AVE. 649-9891 op u These are the brokerages qualified to help you in Park City GARDNER REALTY CO. GARDNER REALTY CO. Treasure Mountain Inn 255 Main Street TREASURE MOUNTAIN INN fully equipped kitchen studio unit, furnished, ready to go. only $18,950. WANSHIP 2 bdrm home, 20 minutes from Park City, nice fenced lot, 2 storage sheds, $15,900 Call Craig. RECREATIONAL PROPERTY for year round living. 23 wooded acres halfway between Park City and Salt Lake City. $3,300 per acre, $25,000 down, may trade balance NEWER HOME on Norfolk Ave. 3 bdrm, 1 Vi ,-abath, carpeted Jurnjshed, fjrepiace, garage ' underneath, walking distance to lifts.' ' ' ! SUMMIT PARK lovely 4 bdrm with fireplace, carpeted through out, double garage, nicely landscaped. Call Bill. 255 MAIN STREET SLC 359-2233 P.C. 649-9207 ICapsorTl Morris jMcCombj CAPSON MORRIS McCOMB 1800 Park Avenue Phone:649-8601 CUSTOM BUILT LOG HOMES, your plans or ours. It's time to order NOW for summer building season. Plans available CUSTOM BUILT LOG HOMES, your plans or ours. It's time to order NOW for summer building season. Plans available HOLIDAY RANCH HOMES, 3 bdrm, 2 bath, 2700 sq. ft. including 2 car garage, can be expanded, acre lot with view. $84,500. Con-tempory Con-tempory home on 12 acre site with small stream, trees, available June 1. $135,000 Area is zoned for horses. COMMERCIAL LOCATIONS on and near Main St. 2 plus acres suited for multi-units and restaurant. Will sell or consider joint venture. BUILDING SITES- in town, overlooks town and resort, $27,000. Park Meadows I.' $15,000. Holiday Ranch, from $22,000. Snyderville land, 2.5 acres,$1 7,000 CONDOMINIUMS, all projects, 1-3 bdrms., priced from $24,ooo. Crescent Ridge 2 bdrm. 3 bath $62,000, Three Kings looking right at ski hill, 2bdrm.2.5 bath, $60,000, Park Avenue 2 bdrm.2.5 bath $59,000. Payday, separate unit building on lake, $70,000 I! - iii 'tof -- -""lit - n 1800 PARK AVE. LOG OFFICE 5cn I I1 tSS. GUMP AND AYERS Silver King Bank Building Phone: 649-8550 CONDO, 2 bdrn, 2 bath, fireplace condo, $39,500, current loan assumable at 8V2 percent. per-cent. Mike Doilney 649-8066 PARK AVE. 3 bedrooms in excellent condition, con-dition, sauna and pool on premises. Super buy at $69,500 Patti Wells 649-8485. PAY DAY 2 bdrm on golf course facing pond on 4th fairway, priced to sell at $58,900 Patti Wells 649-8485 RESORT VILLAGE CONDO, Bedrooms for $27,500, rentals support cash flow, super tax shelter, Jim Doilney 649-7244 PARK WEST VILLAGE Condo, 2 bdrm, 2 baths, fireplace, super views. Jim Doilney 649-7244 MIDWAY 4 bdrm, mt. chalet on large oak covered lot, year around living at its best. Breath-taking view of Heber Valley, under $50,000 Mike Ivers 649-9279 JUST LISTED, Older P.C. Victorian house. Previously used as a duplex. With a little work this can be a little money maker. $32,000 Mike Ivers 6499279 );; ?' of beiir! WOODSIDE AVE. view lot located on upper side of street, 50 ft. frontage with city connections. con-nections. $13,000 Mike Ivers 649-9279 SILVER KING BANK BUILDING 649-8550 XDGEGB wm SKYLINE REALTY 614 Main Street Phone: 649-9066 EXCELLENT MAIN STREET location, including in-cluding large commercial space, and two apartments. $120,000 BEAUTIFUL FOUR BEDROOM home in Oakley with two car garage on V3 acre with lots of trees. $40,000 PARK WEST VILLAGE CONDOS, exceptional excep-tional buy with unbelievable terms, Small down payment, furnished or unfurnished. LOT IN SILVER CREEK 2Vi acres. Near highway $6,800 WE NEED LISTINGS, ESPECIALLY IN TRADITIONAL PARK CITY HOMES. BEAUTIFUL VIEW from a Thaynes Canyon home. 'Along the golf course with trees and creek, 4 bdrm and sauna double garage. $77,500 ' 2 HOMESTAKE CONDOS, 2 bdrm, nice location, good condition, great view, $37,500. ' ' ' : V V- ' . . tf 614 MAIN ST. 649-9066 |