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Show ' A-6 The Park Record Saturday, March 4, 2000 Mi Craig Reece, CRS UP, UP AND AWAY! A "balloon" is a loan balance that must be paid on a future date. This provision has been used in private lending tor many years, but it was only recently approved for use by institutional lenders. Federal savings and loan associations are now permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. The balance must be paid off on the due date or the loan must be re-negotiated. This kind of borrowing borrow-ing requires advance planning to meet balloon payment obligations. Today's economics have produced many more financing options for home buyers which provide buyers with flexibility regarding the price they can afford to pay. Financial institutions can acquaint a buyer with the current market and provide a mortgage instrument to meet any financial need. For rock solid advice on buying or selling real estate, call Craig Reece at 801-647-8017 or toll free at 1-800-553-4666. Craig has been a full time Park City resident since 1973 and a full-time real estate agent since 1978. www.craigreece.com (435) 647-8017 (435) 649-7171 (800) 553-4666 Prudential Sjddlevttw Ottuf Park 2200 Park Avtnur, Bid B Park Cil . L T MOM) I80OI S5J-4m U35I 041-7171 Trie Pruoentia and art reg&erea service marts of Tr Prudential insurance Conwy of jnenea Eoua' rxxismc cworvv f-acn ttvwv nowenoenf owned a"d owared BUY A 5500 LIFEFITTNESS TREADMILL, GET THE UFECYCLE 4000 FREE ; ' T 1 : af ''," . Lifefittness 5500 Treadmill Lifecycle 4000 Bicycle Foothill Fitness County Sheriff's Report by Tim Westby OF THE RECORD STAFF The Summit County Sheriff's Department responded to 119 calls for the week of Feb. 21 to Feb. 27, including nine alarms, five people locked out of their vehicles, and 14 traffic accidents with damage. Other calls the Sheriff's Department responded to include: Bells Service Silver Creek Convenience reported the theft of $5 worth of fuel on Feb. 21. On Feb. 21, a caller reported he had found a trailer belonging to him that was stolen last summer? He found the trailer in the parking lot of Wal-Mart. A Miami, Fla, resident reported $150 stolen from his Park City Condominium on Feb. 21. A Snydervitle Basin resident reported that her brother-in-law had smashed the windshield on her car on Feb. 21. A Snyderville Basin resident reported screaming and yelling from her neighbor's home on Feb. 21. On Feb. 21, a Coalville resident reported two suspicious teenage boys who drove up to her home in a blue Ford Taurus. The boys were apparently walking around the caller home. On Feb. 21, a caller asked for help in pulling a 53-foot trailer with a 28,000-pound load out of the mud. A South Summit resident reported report-ed her neighbors arguing loudly on Feb. 21. A Silver Creek resident reported a suspicious man and woman driving driv-ing around in a green Jeep on Feb. 21 On Feb. 22, a Parkridge Drive resident reported a man standing in the road "doing some strange things." A Huega Court resident reported report-ed a gun stolen from her home on Feb. 23. On Feb. 23, a silver Oldsmobile was reported stuck in the snow after striking some mailboxes. No location loca-tion was given. A reckless driver was reported driving a white Mitsubishi Montero on Feb. 23. The driver apparently ran another driver off the road. Wild turkeys were reported on Chalk Creek Road near Coalville on Feb. 24. A house fire was reported in Francis on Feb. 24. A green Ford Explorer reportedly reported-ly rolled over on Feb. 24. There were no injuries. No location was given. A Park City resident reported that his wife was yelling and swearing swear-ing at him on Feb. 24. Passengers in a vehicle were reported knocking down trash cans on the Hoytsville Road outside of Coalville on Feb. 24. On Feb. 25, a Mustang Loop Road resident was exiting the factory facto-ry outlet mall in Kimball Junction when she was reportedly rear-ended by another driver. The two drivers exchanged names. But when the woman tried to contact the other driver, she could not get a hold of him. The Park City Police Department asked for assistance from the Sheriff's Department in finding a black Ford Explorer with Hispanic male passengers. They were apparently going around hitting hit-ting other vehicles on Feb. 25. The Sage Grill reported glue in the locks of the business' doors on Feb. 25. A Village Round Drive resident reported his checks were stolen. He reported some of the checks had gone through the bank. A Salt Lake City resident reported report-ed a hit and run on Feb. 25. No location was given. Another Salt Lake City resident reported his $300 cell phone stolen on Feb. 25. No location was given. A Snyderville Basin resident reported that his wife was becoming violent and biting him on Feb. 25. A Marion resident reported $380 stolen from her pocket. She said she was "99 percent sure who took it" On Feb. 26, Belchers Auto reported the owner of a green Toyota 4Runner left without paying for tow. On Feb. 26, a caller requested that a Sheriffs officer be present while she was showing rental property. The called cited past fric- tion with present tenant. A Daybreaker Drive resident reported her house had been egged on Feb. 26. A Kilby Road resident reported two people looking into cars with a flashlight at 129 a.m. on Feb. 27. Around 4 a.m. on the same day, the same caller reported a second time that people in a nearby parking lot were looking at cars. The caller said he saw cars being jacked up. , A Sandy resident reported that someone had broken into his cabin on Feb. 27. No location was given. County Report Kimball Junction - The Texaco gas station and convenience conven-ience store at Kimball Junction is looking to expand. Representatives for the store presented plans to the Snyderville Basin Planning Commission on Tuesday. The plans included an expansion of the store's building and a fast food restaurant. Donna VanBuren. the commission's com-mission's chair, said that while planning commissioners looked favorably on the building's expansion, they put on hold the idea of a fast food restaurant. VanBuren called the expansion expan-sion a "wonderful looking building" build-ing" and "a real improvement" to Kimball Junction. But the commissioners worried wor-ried the fast food restaurant would make the Junction's already snarled traffic situation even worse. VanBuren pointed to a requirement in the Snyderville Basin's . general plan that jeuiresXanx. buiiness .witk Us 1 only access off S.R. 224 be "a 1 .VCoalville WASATCH . IHi)isville NATIONAL 1 , .. WILDER NT'S AREA . XiPf FOREST u,ru "T""f , low impact use." The commissioners commis-sioners doubted the restaurant could be considered a low impact. Instead, the commission decided to wait to make any decision on the restaurant until the Utah Department of Transportation and the county engineer can determine the restaurant's impacts. , , Kresser says she's sleeping bet- ter at night since the Legislature failed to pass either of two bills that would have given second homeowners a tax break. Senate Bill 64 would have given second owners a 25 exemption on the first $100,000 of the fair market value. A house bill called for a similar tax break. Supporters of the bills said .the. .put, was .needed formiddh- income , Utahns. who have had cabins in their family for generations. genera-tions. The bills were reworded to apply only to cabins not hooked up to municipal water systems, cutting out subdivisions and larger developments. The amendments came as a way to appease officials from a variety of counties with a high percentage percent-age of second homes. But Summit County officials, who feared primary homeowners homeown-ers and small businesses would see increased property taxes to make up the difference, fiercely opposed the bills. Currently, second homeowners homeown-ers are taxed on 100 percent of the assessed value of their homes. Primary homeowners are taxed on only 55 percent of assessed value. But the bills failed to gain the attention of lawmakers in the flurry of the final days of the legislative leg-islative session, that means Summit County is, in the words of Kresser "home free," ri. s , (i -ti said.. ., , , .m., -jj - tfZ o Perk City Per for,.. Arts Ta. Jion v is psd to pent " , J , I ( fJ. ; Saturday, Kzrch'st" , r.ZZ :v Direct fron the KccJS rod cc tlJ: r "i- -jr.. , . a M cian c likes you7 t v ptyer ir: y.r . J r. 'mi I? 1 L Jl " ' 'Or.. The theater and box office are located at 1750 Kearns Blvd. Tickets may be purchased at the box See, any ArtTix location, or fcy phone at 4SS3-3114 cr C3-553-ATS- JIPOOT ' " " " m n " r M - r r .f,"- i" -r j -4Vavta jr.- m . |