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Show Poor copys ,;'"T' Jn Bruce .A t . , i iiy.1. No way," Smith said. ' a... iiij.hc?st paid teacher If you i- i. ' , . ..., t afford to buy a house estate in v 1 ., it,a; niv." this inn y e. : j: a ii ; r'i hebas, about a shock; iii ; a v :'!!!',! ot tin- ba:. r- in t hie family be . i , i ? havi- managed to buy $35,000. . .( ; .b-v, cither i, with nol--;;;t.' a ( , U'v: Savfh-r- If Ji . : . ' , la :,overaI cases, suit yonr i' -. i-:- ; , . '...!.!i-r ?x!:r;.y bly wait! i : i ,., .I'Cihiie in tiit family: the that proper;.; .; u. --;., j ;- irband of one teacher is a the most v.: . -j ;-.;ani iha husband of you'll h.i , 1 s r irrit- a furmhne spending , - , , ;i:b i-i very rare Acid that ! : i, i i.iiitotifc; km a kacit4- been lot, and yoi:'; : i ;; i a, ...,;! abba u parlay his or her own $110,000. salary into a residence. If you ;;ai !!.:.'! . . . h r-rp t m, ia 'hat bucks .i . , :!'.i.l J ;.,.:!:.). who has blue-chip .'i'vk .o-t ;.,.; y.i .1 fiuihf,l his sixth year at real or!..: : :;, . : -. , .,:! ci!y lti(-h School. And be Park .',! .,.. ,- m his case is different: he alley. bright his house in Old Town But if v i m biliY, before going to work and yoo'i-' . n . a -. ,( io-i tbe uishict, aiid. be(()re (f.car, webf-J?' " !S!" real relate w&ifcsg$f; 'look for a .-.., ; ; :(. wj,.s a vej-y diflkiift'- Hills. tl.w.i.ui lor iiic," he said That's the-b : ,: & aaaa smile. "I didn't know teachers j-.. '.. " : , ; ! anled to pay $(i,00() for a School Disb b . .. b .-, aiiose." Although f!: ir iii la cuuiikii ison to ('haplin, most rt; ;-;-,h e and Shai'on iieid are than !!!. ; 1-.-,ai;ers to Park City are faced -i '. i ' u'v. ills levs, tiiey ha'C de-housing de-housing in :.; . K: ;1 o lake the plunge, affluence i Tn-y considered buying a norm. himie in lietier, but felt that Dean IU i : . ; ;:.--(utV. coaching activities Summit Sa t : . . :: tlie hili school would one of thos. ;. ! .aAo ctnmutinR more than the bind i . . ::!i;!i! inconcenience. So class and i. . x y i-s;'d tin.- revenue from a families. -,:d real-estate iovest-'Wlien iovest-'Wlien v; lo boy a lot in costs of I'a.b ; .. . .': ...-.pector Square, then and const;:.;:: i: . b. liv.d bath of their teaching just no way ; ' ' salaries to apply for a it," r.a'ii,-action loan. Herrct! u " ib .i tiien. it was touch calculations i ad io. but the Iceids hml assumptimi ':.: .s j r i i.-!h.r things going for tive home : . ''a; b.n.K-e and fellow able to pay c ,i : ;. .. 1,..-;.,t Uch Burns decided of property a a. ; i . -ay u. tia much of the work for a $70,' i i .i....i ; h;au selves. And Brace's loan at 16 -r-v..i ;.!-! i ...,.r in Vk tnani gave him He estirn i to a Veteran's Ad- on such a : v... . .. taxes aiii . : .. -a . be abo t j "In oracr : i payment he i .. got to bt i year,' Ik i couldn t b o I i i City fo- , tion loan. In th dish id. ..: rang o first-y i BaelK h for a l degree, t v -and 4 n tion i ' rett's c.-i:. highe t , be tin il Tl.. school residi n' Last ye . every :'ive a. a. outside the ui.b number i . Lake City, i- are becon.i a i er iiiirn: . faculty nidi! One of t;,.. driven out by housing is ilal S dent-elect of the Education As Smith is a p..! who is in .; r buying a bo ..a i City. "I COtlld !:e e buy a houae pre. ioesn't li'i School, is getting a taste of on-; on-; his own house in Prospector Square. jy mm ,.,, in Shape ' JV X t- r . 4.... -v I l i V1 ,on i - it '"?o U ft OTiu-iure: classes Siifl 12 classes $36 16 classes $45 No black soled shoes or taped soles allowed in gym. jcial discount for current Dance Aerobic students on Lotto Court Shoes Regular S31.50 Sale $25.00 trie Brand Tennis Wear Now on Sale in PAC Pro Shop! skJee Products Also Available Sh live here attymore 4 ministration, government-guaranteed government-guaranteed loan. "We looked at houses all last summer," Sharon Reid recalled. "Heber was too far. Salt Lake was too far. And Park City was too expensive. So we decided to build." To help make ends meet while Bruce is working on the house, Sharon is holding down two jobs. "The house payment itself is going to be more than he makes," she said. "It's going to be real tight. "We're taking a big chance. But for us, we think it's the only way we're going to get started." The Reids acknowledge a big debt to the district, which provided them with low-rent housing until last spring. "School district housing was a savior," said Sharon. "If we had not had that, 1 don't know if we would have , stayari here." t Unfortunately, a condominium condo-minium complex is planned for the property which currently cur-rently houses the district-owned district-owned duplex where the Reids once Lived. But rather than see the structure ground into niatchsticks by the blade of a bulldozer, the school board has decided to move it to a new site in Summit Park. The decision to move the duplex reflects an obligation felt by the present board to help provide housing for the faculty. The duplex is one of two buildings being moved to new locations this summer to provide teacher housing. "We think that for the total cost we are doing a service, ser-vice, and for a bargain," said Gary Avise, vice president of the board. Assuming that the buildings are relocated on schedule this summer, the district will have four units of rental housing to be allocated, somehow, among more than 50 teachers. Prospector Athletic Club 649-6670 Establishing criteria to help decide who gets the housing is a question now facing the board. But should the school district be in the housing business? Isn't this the realm of private enterprise? "We do not have any objection to doing that," Avise replied. "We don't think it would cut into the market that badly." Park City developer Harry Reed contends that the district could cooperate with private enterprise in a low-income low-income housing project. Reed notes that the district owns several pieces of valuable property in Park City, most of which are too small to be used as school sites. "The thing they could easily do would be to sell the property to a developer for low-income housing, with deed restrictions," he argues. The developer then could sell some of those units back to the district, which in turn would lease or sell them to the teachers. But isn't it tough to make a buck building low-income housing? Would the district be able to find any takers for such a scheme? "Oh, sure," said Reed. "I'd do it in a minute." The deal might involve some concessions from the city, like a relaxation of density den-sity limitations, and some concessions from the district, like an asking price on the land of less than market value. "They can't sell their land for top dollar and expect someone else to give them housing for teachers," Reed argues. . Some of the suggestions put forward by Reed have appeared in a plan presented to the district by City Councilman Coun-cilman Bob Wells. As is described on the front page of this edition, Wells has made a complete proposal which would bring the 4 n mwiii mnmmpmimmmm j tj flfi v 'ri a . .ywwmym.iiff'wwt ' ' , iii 4mi.iiu.jj jijlujl.,1 uii i'jl.,- mil, niii iuil iu .jlujjui ij. h i ij jj j district about $5 million in cash in return for the sale of some property, a portion of which would be developed as low-income housing. Present plans call "for the first phase of about 40 units to be HUD Section Eight subsidized-rent housing. Because of federal restrictions, restric-tions, these units must be made available to anyone with the right income qualifications, so teachers would have to compete fo the right to rent one of the units. However, the second phase of the project would be controlled-sale units, with prices kept below market value for the benefit of low-and low-and moderate-income residents. resi-dents. Avise has suggested that the board could buy some of the second-phase units from the developers, then sell them at cost to teachers. Also in the planning stages is a 98-unit project on Iron Horse Drive, proposed by developer Jim Gaddis. This would also involve controlled-sale units to be offered of-fered to low- and moderate-income moderate-income applicants. Under Buses come Pinebrook Busing is coming to Pine-brook. Pine-brook. The Park City Board of Education voted Tuesday to approve a plan which calls for the extension of school bus routes into the Pinebrook subdivision. Pinebrook is located east of the Parley's Summit Ski Resort on the south side of Interstate 80. Pinebrook resident Dan Schofield appeared at the board meeting with a proposal pro-posal for a bus turnaround point at a central location in the subdivision and two bus stops on the east side of the main access road leading into the project. Schofield said the plan would bring bus service within a mile of all existing homes. no the proposed price structure, a two-bedroom unit would sell for about $65,000. Unless the district makes other arrangements, teachers would be on an equal footing with other applicants ap-plicants for units in the Iron Horse project. Applications will be reviewed by the Park City Housing Authority. "To quality for those, you've got to work andor live in Park City," said Dick Wilde, manager of the Silb-ver Silb-ver King Bank and a member mem-ber of the authority's review board. According to Wilde, the housing authority not only will screen applicants, but also will set the price of the units. In spite of these encouraging en-couraging developments, there will be little to offer teachers new to the district this fall. They can join the waiting list for Park City's existing low-rent units on Monitor Drive. They can settle set-tle for an apartment the size of a postage st?:,., in Old Town, if they r ie one. Or they can co- i . e. to According to Schofield, the plan was discussed at a June 15 meeting of the Pinebrook homeowners. "All they're really interested in-terested in is getting the buses off that frontage road where the traffic is," he said. Until this point, buses have not been entering the sab-division sab-division because of a lack of places to stop and turn around safely. Schofield said the new facilities were being provided by the homeowners. home-owners. Dr. Mark Simmons, the district's transportation supervisor, super-visor, has expressed satisfaction with the arrangement. The Newspaper Thursday, July 16, 1981 Page AO tVaiinl.il Ski i Kivt An-j HO twl i40miiuit'.,trl)niSdltl.alu'liil Aim SUN CREEK CONDOS FROM $96,900 r'nwKtnq AiLiNt- 'V' . h W H LI, t bedroom 1 bth units completely furnithed AU with fireplace, decks, security, underground parking A more. Located Approximately t Mi miles from Park City Ski resort Prospector IMvkjpment 2omnafiv- irn nrisl 7 PARK CITY PROPERTIES 2403 BUTCH CASSIDY Beautiful Victorian-style home located in Prospector Park. This homo offers 3,300 square feet, with a nearly complete basement. Owner will consider a contract. con-tract. Priced at $182,500. Call Ed at 6-19 7900 or 649-8689. 649-7900 (Park City) 363-2141 (Salt Lake City) P.O. Box 2399, Park City, Ut 84060 (Across from Holiday T " . - : : I I v ' ,. - v' (.,' -f' j I .. f 1 ' , i I, y& - h . 1 ; ? -'u , 1 1 I - ,. - .J2f . if-- Call collect or write; (801)649-9134 1 ffl ttitfiilttlt! . " t Inn) i 4 n rA Kim 9 |
