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Show Q WESTVAUEYVIEW o Thursday, May 7, pi opei ly netueu to 1981 Final Hearing Today pand parking other facilities; - -- City Hall Purchase Nearing Completion VALLEY. Barring unforeseen developments at a public hearing here today (Thursday), the way has been cleared for purchasing City WEST ty (which is composed of City Commission members). Amendments to the bond purchase agreement with Zions First National Bank may be made after the public hearing, but if no Hall. In split votes Thurs- are changes registered, Thursdays day, the issuance of revenue bonds totaling approval action is binding, City Treasurer Randy Baker said. Purchasing City Hall was necessary to ensure that West Valleys expenditures for the current fiscal million for the purchase of City Hall, two adjacent acres and the fire station at 4180 So. 6400 West was approved by the City Commission and the City Building Authori $2.38 TENSION -N- ETC., ETC. ERVOUSNESS, The list goes on and on. Chiropractic tries to remove the interferences to the life flow, so life. you can have 100 IF YOU DON'T Research Industries, owner of the building and surrounding property, and several months rent will be returned to the city when bonds are issued and the Building Authority legally pur- chases the total parcel, City Auditor Russ Sanderson said Tuesday. If the down payment ed a $300,000 to $500,000 revenue shortfall. The bond agreement covers a three-yea- r ADDTT. If NfCESS. period. D.C. The Building Authority 545 E. 4500 So. Bldg. ENTER WEST DOOR Z 268-341- period, already OFFICE VISIT CALL TODAY Jerry Wagstaff. A $130,000 down payment last summer to sioner officials Valleyhave announc- FEEL WELL We would sincerely like to try to help DR. LUNCEF0RD Authority $290,000 per year plus interest dur- were not returned, West Valleys expenses would exceed the budget and compound severely the citys monetary problems, he added. West BACKACHES HEADACHES, year do not exceed the $4.7 million budget, said City Commis- actually buys the building and leases it to the city. The city is required to 1 pay the Building GIVE HER A LITTON ing the three-yea- r but will pay $360,000 annually to build a reserve in case interest rates skyrocket, said. Wagstaff The Building Authority then re-pa- the bond purchaser, which in this case is Zions Bank. Interest on the bond purchase is set at a floating rate, amounting to 70 percent of the prime rate when the payment is due, the commissioner noted. After the three-yea- r agreement expires, West Valley will have bought back roughly $1.1 of the $2.38 million bond. At that point, officials will .Until the purchase. then, payments will be made semi-annuall- y, he added. Wagstaff joined with Mayor Henry (Hank) Price in voting to support the bond sale, while Commissioner Renee Mackay voted against the matter. Its not a terrific deal. Its a fair deal, Wagstaff said of the bond agreement. Its the best option We need we had. money coming back this year to balance the budget, he added. Mrs. Mackay, on the other hand, contended the citys funding sources were too insecure to purchase the Western Hills MICROWAVE OVEN 1570 Littons most advanced Microwave Oven with Delay Cook With the Delay Cook feature, you can program your Litton in advance, have it start cooking for you up to 12 hours later. So your meal is ready to serve when you want it. L.ito:.'? Even Wcive " cooking system cooks food with its natnra1 mo'stuie tojuicy perfection. owti LH Meal In One lets you cook many complete meals at once. Or start other meals with one dish or two. and add a third food as you cook Van Temp tood sensoi lets you cook foods to the exact doneness Step Saver timer means cooking everyday foods in one simple step by touching a single pad Deftost II ' for fast, even defrosting degree of one-ste- p at the touch of a finger C Memorymatic sequences at one time " lets you program up to four cooking PARAS It C. Myron White, president of Kearns stake, was sustained president of the new stake and Terry A. Barker as president of Kearns stake. Mr. White has served as president of Kearns stake the past six years. He and his wife Bernice have eight children and 11 grandchildren. Lynn G. Kinley will serve as first counselor, Only of the high council were Aurlen Loveless, S Timothy Sullivan, Glen E. Step-Sav- er timer. digital timer. Variable power control and variable temperature control. 99-min- Model 1520 Litton Meal In One Hastings, Jon Ure, Mike Rigby, John Maier, William Hawkes, John Burton, Que Blackburn and Verl Stark. Craig Briggs will serve as executive secretary, David Morrison, stake clerk; Mac Hansen, assistant stake clerk; Gordon Wood, finance clerk; Rampton, Jay historical clerk. Janice Voorhees was sustained Relief Society president, Larae Begin At Primary Helen president; Women Full Size Litton MICROWAVE Kraft, Loren Reynolds, Alan McDonald, PRICES having served previously with Mr. White in Kearns stake. He is principal of the Kennedy junior high seminary. He and his wife Jean have six children. Michael A. Cosman will serve as second counselor. He and his wife Marian have six children. He was previously bishop of Kearns 23rd ward. Sheldon J. Spencer as patriarch stake. Sustained members Automatice defroster. Allred, Young president $ unable to receive a bond rating from an established East Coast bonding firm. she Furthermore, said, the approval process should have been reversed, with public comment being sought before a decision was made. Only two per- sons attended an earlier public hearing on the proposed purchase. Commission that members for - $144,000 for the 6400 West fire station; fees and and John We WILL Be Open frnimmi Wtaa... & Ham-Roas- ts Steak Dinners from $595 (Portions for Children) Broken down, Wagstaff said, the bond total involves imy t 4164 West 3500 So, West Valley City agreed many people favor a more centrally-locate- d city headquarters, but purchase ofthe the city building gives equity, Price remarked. The current City Hall is like a starter home for newly-marrie- d he couples, added. UTAHS LOWEST FOOD PRICES J701 SO. Stott, 4750 So. Redwood Rd 0177 Welt 3500 So., 71JS So. tth 0 Wait Ind Nortlt, Bountiful So. 7th 1070 East, Sandy Etit. Final approval today would end a long and complicated purchase process. With Zions Bank acting as its agent, the city originally had attempted to sell the bonds on the open bond market. But Moodys, which rates the ability of a government entity to repay bonds, was unwilling to rate West Valley because of its lack of a financial history, said Baker. Without a bond rating, potential investors shied away from purchasing the Michael Robert FOOD BARGAIN ANNEX -q tawt M mzM SP Ui(e mm a4sl LlNki- - Ar Waddoups, Frank Blow, Lawrence Lewis, Reeve Pedersen, Ron Collins, Chidester, Earl Hess, Bill Corbett and Karl Fowler. Arthur W. Hunter is stake patriarch, with C. LeRoy Albertson as acting patriarch. Ray Mantle will serve as executive secretary and Melvin R. Higley as stake clerk. Police Colonels Meeting Slated WEST VALLEY. A meeting today (Thursday) of the City Police Departments Honorary Colonels will take place at 7: 15 a.m. A story in section B mistakenly referred to the meeting time as 7:30 p.m. The meeting is at City Hall, 2470 So. Redwood Road. SOFTBALL (From Page 4, Col. 2) inning 5 win over 7-- Inn. Ceramic win Design posted a over Rand Equipment Willow 6-- 2 and Marks Lounge beat B. C. Construction by that same score. Petro Chem handed Page Brake a setback. Kruger went 4x5 and had a gamewinning double for Vichrillis while Lloyd Kruger was 3x5. K. Price led Ceramic design to its win and the Rand crew was limited to two hits. Dan Cowley and Chris Spencer led Marks Lounge. Petro Chem pounded out 12 hits in its win with Glen enjoying a 3x4 ef9-- 4 Russ Lind-ber- g fort. WBBA (From Page 4, Col. 9) sion, Justin Mills pitched the Cardinals to a victory over the Pirates. In another Stake facilities for contest, the Cards the new stake will be in were nipped by the the 5600 West building, Giants 4 despite a triMr. White said. ple by the Mills youth Mr. Barker and his and a double by Jay wife Dorothy have Curtis. three children and seven grandchildren. WESTERN Closs L. Stewart will (From Page 4, Col. 9) serve as In the peewee circounselor and Richard cuit, Shaun Peterson E. Dority as second hit an counselor. Mr. Stewart home run, highlighting and his wife Fern have the Braves 1 six children and 15 triumph over the Astros. Joe Wareke grandchildren. Richard and Idonna and Scott St. Clair Dority have three hurled for the Yankees sons. who nipped the Orioles Sustained members of the high council Ure, Young Men president. 4-- 0 5-- first inside-the-par- k 7-- 8-- were Jack Woodward, Vergil Fewkes, misc- ellaneous expenses. Mother's Day 8 AM to 7 PM! Featuring Breakfasts bonds. Zions Bank then agreed to do so, the City Treasurer added. More than two inches thick (with appendices), the bond agreement is available for public review in the City Auditors office. (roughly) : - $1.7 million for the City Hall building; - $248,000 for two acres of surrounding i lit l cmoiiiUife $14,000 covers agents Stake Is Created In Kearns Area will serve of the new AT JOHN that the city was ; $150,000 and me remodeling building; - KEARNS. Western Hills stake has been organized following a joint conference of Kearns, Kearns Central and Kearns South stakes. Model building, pointing out - ex- Try Green Sheet classi- fied ads! 262-668- we mi op uf lojitfpiifeeg nmsBt nm. |