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Show Page A4Thursday, January 21, 1982 The Newspaper Business license V AT S ?J 7 I i 'iCV m m m X z lupirln Coon, MMr. Budmanar, UM WTTLES Chip, beam, beef, cheeee, peppers, lettuce, Quexernole. C3JS p 6 ounces of around meet wNh cneeee, hMuoe, onion, am Chirm 0 1 1 1 1 hrty Do CCO3 w. MU chpa n en mm n m WaaFaiaa ttm An mcrtwrt of naoaiabtaa wmh rtraMmg tor oTppn' or imM wMhchMM. $4JC M'lIM- TncWionoUiMwWimoApoUIOMandvOfMHM. (US Qaaama aaaaa Mad on rho ranga, aak your mngiar. CupflJt - BowltlM "REAL 1 Ask lor the Rom of Cimarron lor a complimentary soft drink SEEDLinOS . I mmd Teend Toeeed saiad wh ranch drawing. $1 JO M A daily Creadon, ask your GREEDS.it BRUSH Strvtdmttibmmilrbitcuil and your chomoltoupoimlui mmm lilkkrSlli-B80 pork apararfba.aauoaiarl laid to raat MJC HI J il ! .Chan triad ataali Xtioounlty gravy. M.7f ' I 'in lliit 12ounco)cnoioiriinWd(aMnwill. fja.71 hM C Mm- Battar triad ah. MJf Caaaplar faiaaai B ouncoa of choioaalaak pan triad Cimarron atyta. S7t5 haaaai Chuctcwagon Cnarw ohonQaa N anan ha wanta, aak your llai'aai'W j ' ' ' ' ' "" ' V '" - M Oty.ltaJr.al)aa.17a) Waa-Mum Card Council finds fee formula frustrating The City Council is anxious U have the business community com-munity support the operation of tlu Mt. Metro bus system, but it's having a hard time finding a way to assess fees. The council went back to the drawing board at its work session last Thursday to discuss another method of assessing business license fees that would be both equitable and easy to collect. For the past several months, the council has been considering a fee based on the gross receipts of local businesses. However, businessmen busi-nessmen complained that they did not want to report their gross earnings, since once the figures were filed, they would be open to public inspection at City Hall. Last week, the council looked into the possibility of assessing a business license fee based on the square footage of permanent business busi-ness in Park City. That formula, said City Manager Arlene Loble, would have the advantage of not making the city responsible for keeping track of the incomes of each business every year. Businesses Busi-nesses would have to be classified and rates would be assessed based on square footage. Loble said that when a business obtained an occupancy occu-pancy permit, the city would be aware of the business type and the square footage of the building, and would be able to compute a business license fee immediately. The rate structure would have to vary according to business type, she said, because square footages do not necessarily neces-sarily reflect comparable profit margins. "For instance, the Alpha Beta has a huge building to house its inventory and does a huge volume of business, but it has a smaller profit margin than, say, the Tim- P.C. mines stock listed in Boston Gordon D. Stott, president of Park City Consolidated Mines Company, has announced an-nounced that the company's stock is now being traded on the Boston Stock Exchange. Stott indicated that the decision to list with the Boston Stock Exchange was prompted by a desire to improve the company's availability of market information infor-mation to the shareholders. "Salt Lake City is home for us," said Stott. "For 50 years, we have been traded on the Intermountain Exchange Ex-change and among several faithful dealers. However, in light of real estate and mineral developments in Park City, and specifically in Deer Valley where our property is located, we feel that our shares now deserve exposure to a more national market. berhaus," said Loble. Loble admitted, however, that all options discussed so far have their weak points. For instance, how should a temporary license fee be assessed on a square footage foot-age or gross receipts basis? Also, contractors and subcontractors sub-contractors do a great deal of business in Park City, but they may not have an office here. "If you make contractors pay for each project they are involved in, that, in effect, just increases the developer's devel-oper's cost and does not actually turn out to be a business license on contractor's contrac-tor's said Loble. How can the city make a distinction between contractors contrac-tors who do a great deal of work in the city, and those who do one or two jobs? Should different fees be assessed to a large contractor contrac-tor versus a small one? "Also, developers themselves them-selves are difficult to assess," as-sess," said Loble. "A square footage basis is not particularly particu-larly reflective of the profits being made within Park City, and some development firms have no offices here." Loble recognized that developers de-velopers may argue that they already pay the city through building and impact fees and water development fees and shouldn't be assessed as-sessed heavily for the business busi-ness license, which is designed de-signed to serve the tourists who use the bus system. She said the council has been working for the past year on an effective method for assessing the business license fee. When the old system was scrutinized, it was found that only half the businesses in town had licenses. And the fees assessed, as-sessed, which were based on the number of employees, only generated $50,000 a year. Whatever the final formula that is chosen, Loble said $300,000 will be collected. col-lected. "The purpose is to take the' support of the bus system out of the city's general fund and to make it dependent on the business license," she said. "The idea is to make those people who benefit most from the availability of the buses the ones who pay the most for it." Among those who benefit most are the ski resorts and lodging owners. She said the council has not devised a formula to assess the resorts based on lift capacity, or lodges on the number of units. Loble said that the operation oper-ation of the bus system is expensive, and one option was for the city to get out of the public transportation business. "But the business community com-munity clearly said that it felt the bus system was an asset," said Loble. "If they feel it's an asset, they must pay for it." Loble said the options for assessing business license fees will be open for public discussion at the City Council Coun-cil meeting set for 5 p.m. today at the Memorial Building. Buil-ding. She said the council is open for any suggestions from the public how an equitable fee can be charged. PLANNING COMMISSION UPCOMING A GENDA Meeting to be held Jan. 27, 7 p.m., Marsac School OLD BUSINESS I. Approval of minutes of December 16, 1981 and January 13, 1982, meetings. II. Iron Horse Drive: Consideration of the inclusion of a one foot protection strip along the dedicated roadway. NEWBUSINESS .. , I. Edelweiss Haus: . Consideration of a modifi- II. UL cation to a single unit in an existing project approved ap-proved as a conditional use. Silver Pine Condominiums: Consideration of Phase I of this Deer Valley condominium project. The initial phase includes 18 units located in the Silver Lake Community. Chiropractic Clinic: Consideration of signage for. clinic located at 50 Saddle Way, - - E You turned a winner rV ) V bV DeveloHiit . . . Real Estate sales "15- & investments jS Prospector Development Co. M&9Mfcff fTS 649-9134649-3040 M MEMBERS P.C. CHAMBER OF COMMERCE MULTIPLE LISTING SERVICE P.C. BOARD OF REALTORS City Council Upcoming Agenda Meeting to be held Jan. 21, 5p.m. Memorial Bldg. l-3p.m 3-3:30 3:30-5p.m. 5 p.m. Work Session Annexation Policy Development Review Process Hillside Ordinance Consideration Executive Session Pending Litigation Executive Session Personnel Matters Redevelopment Agency Meeting Immediately preceding City Council Regular Meeting. AGENDA I ROLL CALL PUBLIC HEARING Proposed Business License Ordinance , Proposed Timeshare Ordinance PUBLIC INPUT II MINUTES OF MEETING OF JANUARY 14, 1981 III APPROVAL OF VERIFIED BILLS AND PRIOR CHECKS WRITTEN IV PUBLIC COMMUNICATIONS AND PETITIONS 1. Request for Class C Beer Permit for Potato Johns V COMMUNICATIONS AND REPORTS FROM COUNCIL VI RESIGNATIONS AND APPOINTMENTS 1. Appointment of Alternate to Board of Adjustments VII ORDINANCES 1. Amendment to Ordinance 8-80A of the City's Land Management Code, for the Regulating and Creation of Timeshare Projects in the City of Park City. VIII UNFINISHED BUSINESS VIX NEWBUSINESS 1. Resolution Adopting the Supplemental Policy Declaration for Deer Valley, and, the Annexation Agreement for Deer Valley. 2. Resolution Adopting the Development GuideComprehensive Plan of 1973. HOW THE CITY COUNCIL VOTED... I Thursday, Jan. 14 motions dyV; k , I Alvarez Lewis Coleman Shellenberger wells Approve plat for Boot Hill condominiumization. yes yes yes VeS yes Approve Snow Creek annexation petition. yes YS VeS yes yes Table appointment of alternative to Board of yes yes yes yes yeS Adjustments. J Amend Ordinance 12-79; eliminate council liaison to yes yeS ygg ves yes P. Commission; J . jca J Approve 4th amendment, restatement of agreement . between city and Deer ves yes yes abstain abstain Valley. IAppiove amendments to Spiro water agreement ve yes between City and Noranda. 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