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Show Sunday. February 24, 1980, THE HERALD, Provo. Levan Looks at '80s '"At Town Improves Services - LEVAN "I'll bet we ve got the cheapest electricity tr ies in the United States," said Levan Mayor Lance located in the canyon enroute to several recreation sites and was an eyesore. At its new location, it is tucked away in the mouth of another canyon area. Levan's town ball park is undergoing renovations. Workers have installed a and and street numbers. Mayor Harward sprinkling system, planted grasswhich have made other improvements said. should make a nicer recreation site for The town also has been developing town residents, the mayor said. new water sources. The city has Town officials also hope to form a developed a new spring and incorand zoning board, which porated it into the water system. The planning old springs have been improved. In ad- would facilitate a sharp rise in population. The mayor and four town board dition, the town has new water lines, inline on Long Branch members currently grant building percluding a mits. Street. The Levan Town Board is seeking a "One of the best things we've done in the last 10 years is change the junk meter reader, who would supervise yard to a new location," Mayor street repairs and snow removal. He Harward said. The new junk yard is in also would be responsible for Indian Creek Canyon. maintenance of the parks and The mayor explained that it once was cemetery, the mayor said. Town officials are proud of their independently owned electrical system and the rates they are able to offer residents. Levan offers a gradual rate scale to citizens. The first 30 kilowatts cost 3.10, which is the minimum charge for power service. The next 170 kilowatts cost 35 cents per kilowatt. Other electricity rates are 2 5 cents for 200 to 400 kilowatts, 1.2 cents for 400 to 1,000 kilowatts, and 2.5 cents per kilowatt for anything over 1,000 kilowatts. These figures mean that an average family which uses 1,000 kilowatts a month will get its power for a cost of about $2125. There is an additional savings to 10 percent given all those who pay their bills before the 10th of each month. - r- MAPLETON Mapleton citizens can expect an exciting period of growth during the 1980s, which will include educational expansion, religious activity, civic improvements and a variety of challenges. Interviews with leaders in the community show a general attitude of optimism for the next decade. land for a building permit in most parts - Juab High NEPHI With of no planning, guests waiting on long check-i- n or check-out- s lines at the Sheraton Centre in New York under the recently introduced Sheraton Express Service. Guests with approved credit ratings are assigned an identification number and card. When the number is called in to the hotel by direct call, room selection and reservation is entered in a computer and an envelope with key and ration form is readied for the guest's arrival. 1850-roo- m one-thir- pre-regi- st Folks Still Move Into Lake Shore Lake Shore continues to grow as to build and move in, adding to the continue people current 600 population. LDS ward members have conducted several events and presented the money to Bishop Blaine Bradford. The money will go for adding 10 new classrooms to the ward building as well as remodeling the existing church. The Lake Shore LDS Church is the religious and entertainment center of the community. Residents use it for church functions, weddings, dances, receptions, brithday parties, funerals and bazaars. The Lake Shore School houses classes for children from kindergarten up to the third grade. After the third grade, buses take school children to Spanish Fork schools. Lake Shore School is an accredited school where children learn music, art, mathematics, reading and writing. The egg industry flourishes in the community. Several residents own and operate poultry businesses. The industry demands continual updating, and chickens constantly need replacing. The poultry business menas work for several local youth, as well as those directly involved in management. Lake Shore remains a farming community and relies on continued good crops and fine livestock for its prosperity and livelihood. New concrete ditches now conduct water to the farms in the area. They cut loss of moisture and provide more efficient LAKE SHORE J fund-raisi- if' In - clas-swor- VL fVM1- - i modate a 45 percent student population increase. The new building also will meet community needs in many other ways. The building is flexible. Movable walls will be around some classrooms, allowing for changeable classroom sizes if the need arises. "The building will certainly have flexibility as far as style, modes and f i t BILLION tr- f - l - - 500 Million n wet 3 if. 13 BANKS AND THESE SUBSIDIARIES: First Security Company, Utah Mortgage Loan Corporation, Securities intermountain, Inc. 7 First Security Mortgage Co. First Security Life Insurance Company of Texas, First Security Insurance, Inc., First Security Insurance Agency, Inc., First Security Leasing Co., First Security Computer Center, Inc. Banks Members of F.D.I.C. ? SHEETrT , -- 1 H V tH H h : J 1 rtL I hi k nn K - 1 I Progress in the 1970s didn't get in the way of Provo residents taking autumn walks through piles of fallen leaves cn treeaned Unviersity Avenue. The pleasant autumn days each year display varied colors on trees and soothing rustling of dried leaves on sidewalks. ; ; (Unaudited) At ,.!!'-X- -- rt : : v ...-.VJ- 7j 1970 ill 1972 . 1974 It if 1976 LtUlTsG j ... 1978 1979 .v? S 12S,801.27 - ... . tc v .. Notes Payable WitMrt One Year Loop, Tem Debt , , V" CYotatUabaiyM 15,7aH 7C525B 278169 12J8S.5S7 35J1S.430 tS594,70O . : Minority Intemt in Subsidiaries Stockholders: Equity:.-- ;. 2,58302.36? 139428,421 3,187,11873 . . 92805 . U.S. Government Securities rf. l91,42MeTY ; fmue& Stock: $3.t5 Cum. Con. Series "A" Outstanding State and Muntcipal Securities . j' ' MWTfin :: . . . 57.913 Shares 473&B.190 Other Securities . 26j60,89 - Common Stockholders' Equity: Trading Account Securities i.. Comnon Stock Par Value $1 25 Fei Funds Solo, etc. ayua&N -12,133,832 v v Outstanding ioans and Discounts (Net ot Valua- -, tio. Reserve ot S2lO04 and iv..Commo' Treasury Stock at 'Unearned income of $1Wi8,676 2,K381M . J,JW 5nares Oirect leese Financing .Premises and Fauioment Net After a ........ Stock in Federal Reserve Bank 3,040,433 ...... ."'W", 1 ; Other .UtijlUMe,.,... t. 43S.734J30 :V. . " Paper k.....s. Accrued Income Taxes Accrued Wares' and Other Expense , 1ST v Cash end Due Front Batiks"; Jnterest Bearing Deposits i v Omad0ipo6il.,. :...' Fund Purchased, ..ad. Commercial 1Qt740; 500 MILLION Autumn Leaves Fall ; m t--J sw Stecktoidm' Equity .;?s: Jlrtw Deposit? CONSOLIDATED BALANCE : a (SIMCO), ,: trvSn rn 0 ' The high school is the only high scl ool in Juab School District. Students from Mona, Levan and Nephi attend the school. Grades nine through 12 make up the student body. BANKS AND SUBSIDIARY COMPANIES . -- r time. The new kitchen will eliminate the need for transporting lunches and busing students. message from George S. Eccles, Chairman and Chief Executive Officer, and all the people at First Security. 'C 2BILUOiNL. 500 MILLION School then transported to Juab High School. Middle school students go by bus to the high school at lunch A December 31, 1979 7 whole district currently are prepared in Nephi Elementary Wright said. The new building also features an auditorium with seating for 700. The capacity is larger than usual for the size of the community. The area demands an auditorium that can meet city needs as well as school needs. The gym will seat 1,550 to 1,600 persons. The area can open into one We made 54,218 commercial loans to farmers, ranchers and business owners. Real estate loans to 13,113 people for horpoc farmc onH hncjnoee rrrrartt Timeway loans to 70,745 men and women for cars, home improvements, appliances, machinery, mobile homes and other worthwhile purposes. And $197 million in bank card credit, which we pioneered in this area. All in all, loans totaling $2.9 billion, equal to $1,336 for every person in the states of Utah and Idaho combined. We added the convenience of Handi-Ban- k automated teller machines to our full range of financial services, so that many of those services are now available to you 24 hours a day, 7 days a week.. Thanks to you, we've become the Intermountain West's largest financial institution. And that's important because it helps us provide more opportunities for growth for Western people. First Security Corporation System of Banks 111 A lunch room and kitchen will be in the new building. Lunches for the ItabUtliM and Deposit - 1. large playing floor or separate into two smaller playing floors for gym classes. organization are concerned," RESOURCES 3BJLU0N J 10 wot i In these changing times, it's nice to know that there are still some things you can depend on. And one of them is First Security. We've been serving the people of the Intermountain West through our banks since 1928. We've weathered some of the nation's most difficult economic times, and no First Security depositor has ever lost a penny. We've always encouraged saving, and taken real satisfaction in providing our customers the opportunity of earning a good, safe return on their investments. And we appreciate the confidence you've shown in us with $157 million in new savings deposits in 1979, bringing our assets to a record $3.4 billion. We paid $126.0 million in interest last year and provided employment to 4,930 local people in the 110 communities we serve. MR? rf-rrr- 1 rat reoa 1 :, School domplex has been a controversial issue in Juab County, according to Dr. Kirk Wright, principal. Many citizens seemed to be against bonding. Area citizens voted on the bond issue twice before it passed. Some people believe the district should retain the old school complex in case growth is so rapid that more building space is needed. But the old building will not meet fire standards for a school, though it might fit standards for fewer occupants when the county uses it for office space. Wright explained that the new high school facility should accom - advance can be assured 16-in- ! The new Juab High k should be ready for to begin on March 1. The building of a new high school School 2, NEW YORK (UPI) j f New Building to Meet Needs believes the city is now ready to put some of the plans into effect. He said he hopes the updated Master Plan, recently approved by the council, will bring an orderly growth and provide a better financial tax base for the city. March 3, 1970. Citizens had paid their water bills at her home previous to this time. In 1971-7the city spent $150,000 imAn article published in The Daily proving the culinary water system. Herald five yean ago about statistics Larger distribution lines were installed in Utah County showed Mapleton as bein many parts of the city, including a line from the beadhouse to 1200 ing larger in land area than Springville, Spanish Fork and Payson combined East on Maple Street In 1974, the city with a total of 5,919 acres. The 1970 further improved the system with a census placed the population at 2,007. line in Maple Canyon, the city City officials expect this year's census bought a bigger and better pump for the d to show a increase or slightly city well. The pump and installation more than 3.000. An extensive study by cost $20,000. the planning commission has estimated Mayor Edward Wiscombe said the the 1990 population could reach 8,000. latter part of the '70s was a time for A review of the past 10 years showed planning, making engineering studies, that zoning laws went into effect in holding public hearings and a general 1970, requiring two and a half acres of time of pulling the citizens together - Juab High School will be ready for occupancy March and deciding just what direction the city is going to take. The mayor of town. The city building was completed 10 years ago, with city treasurer Grace Bennett opening her office for business hflWihidkfrg t Mapleton Plans Growth in '80s IS Sd Town officials also hope either to build a new power substation or rebuild the existing one. Crews rebuilt city power lines last year, the mayor said. Levan officials have concentrated on improving services for its citizens for the past several years. They are currently in the process of assigning house Harvard. - Utah-P- age v Accrued income Recetvatte . Other Real Estate... Other Assets iw....Vk... ........... TOTAL ASSETS S Banks and Subsidiary Companies 37,188,468 . 1Q.884.743 I3,42S,702,453 - M; fmtMlCmmati Stock--" -5- ,74S367 225,197,818 . holders' Equity Total StoeUMMers' Eqully. . "N: 15.16790 234.815,542 237,855,975 TOTAL LIABILITIES AND STOCKHOLDERS 13.425,702.453 EQUITY |