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Show I I ' ' ' . ' If J.- ( - '. , . - I t,, : ..-v ..' I ,. .. , ,-. I ' ' -(- ' - " . .... I' : r.- - :" t"-;; ,. t ; vv,-.":.aii. I - . .,.r ---';.y-;.w-.i.,--'ii.:-.ikif L.t ? i --v-.-r . gLv::v i " - - - v-.w -ll I Official opening of Carlsberg Financial Corpora-I Corpora-I tion's Castle alley River Ranches has been set for June 15. The ranches are divided into parcels of I not less than 5 acres and have been developed to iCasle Valley Land Development Opening Planned on June 15th i I With beautiful grass- I lands, forests, rock and J cliff formations and the Colorado River setting the backdrop, a 1.900- I acre development inhis- I toric Castle Valley. Utah, is moving forward I this week toward a plan- ned opening date of June 15. I The development is a J project of Castle Valley I River Ranchos, a subsid- iary of Carlsberg ir'ii.an- I cial Corporation of Cen- I tury City, California. Carlsberg Financial Corporation has been responsible re-sponsible for highly successful suc-cessful recreational land developments in Northern North-ern California. Oregon. Nevada, and other locations loca-tions throughout the nation. na-tion. Under the development, the 1.900-acres were divided di-vided into minimum five-acre five-acre parcels with access roads going to each parcel. par-cel. These plots w ill now be sold to individuals for either vacation usage or year-round living. Paul Lazaris. president presi-dent of Castle Valley River Ranchos and a veteran vet-eran of more tlun 20 major development pro- Valley development is the most picturesque project he's ever worked on. "This is due largely to the natural beauty of the area," he said. "With its colorful bluffs of red and white sandstone, green alfalfa and rye meadows, blooming desert des-ert brush and numerous juniper pines and cotton-wood cotton-wood trees. Castle Valley is certainly one of the most beautiful spots in the world." Adding to the desirability desira-bility of the site, Lazaris said, is a vast, underground under-ground water supply. "Having a proven water supply is extremely important im-portant in Utah," he said. "We consider the unique large amounts of water on the development site to be an extremely valuable valu-able natural phenomenon" compliment the surrounding countryside. The land was formerly owned by William McCormick and later by Stanley Gordon. Clark Powell, a vice presient of the development develop-ment company and chief of acquisition for CFC, played a key role in the Castle Valley project as a matter of fact, it has been a home-coming of sorts for Powell, a native of Price, Utah. "We were determined from the outset that nothing noth-ing would be done to endanger en-danger the natural beauty of the land. Only things which w e felt would blend in compatibly with the natural environment were added," Powell said. In order to enhance the land in the development, " cording to Powell, the v-wiriijany has worked closely with the people who know the land best the residents of Moab. "This part of Utah is growing rapidly," Powell said. "The people of Utah and Moab want growth. But they want it orderly and well defined. We are playing our part in those wishes by working closely close-ly with Moab citizens and civic leaders throughout the state." In developing the site, the company followed the natural contours of the land, and it also was decided de-cided to not divide the land into tiny parcles, a practice which in other parts of the country has caused serious environmental environ-mental problems. Instead, In-stead, the company decided de-cided to keep the parcels to a minimum of five acres, thus assuring the spacious character desired. de-sired. Castle Valley River Ranchos purchased the land from William McCormick, Mc-Cormick, a longtime prominent Utah resident, and from Stanley Gordon. Kedrick Bailey, a Moab" native and resident, will represent the company locally as project manager. man-ager. As well as an on site office at Castle Valley, Val-ley, he will be maintaining maintain-ing an office in the Uranium Uran-ium Building, Suite 2, North Main Street, Moab. The development site is situated off State Highway High-way 128, which is easily accessible via Interstate 70 and U.S. Highway 163. |