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Show Rep. Memmott called attention to the dwindling population in cities and towni in most rural areas and predicted that enactment of such a law could bring security back to Rural Utah and make small towns again a plnco where people could want to reside and raise their families. PUBLISHER INTRODUCES BILL IN HOUSE TO ENABLE CITIES AND COUNTIES TO HELP INDUCE INDUSTRIES Representative Cliff Memmott, D Roosevelt) publisher of the Uintah Basin Standard, has introduced a bill in the Hnuse of Representatives which calls for enabling legislation to authorize towns, cities and counties coun-ties of Utah to issue bonds or other obligations by which they can induce in-duce small industries to come into the respective areas. The bill that is fashioned after a plan now in operation in the state of Mississippi and is listed as I IB 197 is being co.sponsored by Rep. George Collard (R-Provo), Mrs. Algie Ballif (D-Provo), Clark New. el (D.Nephi), and Melvin Foxley (R-Tremonton). A study has been made of the M ssissippi plan by a prominent Provo business man, D. Spencer Grow, president of the Utah Savings Sav-ings and Loan Ass'n, who has made several tripe to the southern state to gather data concerning the plan. The state of Mississippi has employed a financing program similar sim-ilar to the one being considered by Utah legislators for the past 19 years under its "Balance agriculture agricul-ture with industry plan". According to Rep. Memmott the enabling act, if passed, will make it legal for municipalities and Counties Coun-ties to issue bonds to build or acquire ac-quire buildings and property that will be leased to firms to conduct small industries in the area. The act will also provide for the creation crea-tion of a board to be known as the Utah industrial Development Board and will call for the appropriation of funds for operation of the board. Mr. Grow in his study has found that several other states have made possible to have 100 per cent industry in-dustry financing. They are Tenne-see, Tenne-see, Arkansas, Rhode Island, Vermont Ver-mont and Maine. In 1959 alone Mississippi landed 96 new plants ranging up to 475 employees and most of them in smaller communities communi-ties by using the financing plan. |