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Show THE SAN JUAN RECORD Thursday August 5, 1982 - Page 3 Blanding considers revamping subdivision ordinance The Blanding City Council of 28 was meeting July designed to hear reports from the various i I i ' Blanding postmaster Neldon Holt poses with Neighborhood Box Units used by the United States Postal Service for residential This concept of mail delivery will be delivery. explained in a public hearing scheduled in Blanding next Tuesday, Agusut 10. Marsha Keele photo New mail delivery in Blanding? public hearing will be held in landing on Tuesday, August 10 at 7 p.m. at the Blanding Elementary School. Tie - new concept of mail delivery, the Neighborhood Box Unit, will be displayed and explained by authorities of the UJS. Postal Service, Salt Lake City. According to Neldon Holt, Blanding postmaster, there have A Tlie ITT bakeries, makers of Wonder Bread, are testing a new recipe which should compete the bread with new Wonder Bread bakers. The will be made of unbleached white 100 percent vegetable flour, shortening and no artificial preall-natu- ral servatives. ' Kigalia I 2- hood Box Units. The new system consists of a series of metal boxes set on concrete stands and situated block in the city. other every Boxholders may have to walk as much as one block to pick up their mail from the units but there is a savings of about $42 per year over other types of delivery. Mail is delivered daily except Sundays. The Postal Service sets up the units and maintains them, Persons wishing to retain boxes in the post office building may do so if the system is adopted. Holt bedroom apartments Minimum rent, $200. Contact said. Marci Stevens 6. door-to-do- Holt added. - 678-332- been requests from residents for postal delivery in Blanding as opposed to residents being required to rent boxes in the post office. Holt said the UJS, Postal service is no longer initiating or delivery but will consider installation of Neighbor- ? Whether or not this system is adopted for Blanding, however, is entirely up to the U.S. Postal Service. Cash Shortage By Francis M. Lyman, CPA LYMAN & THOMPSON, CPAs Blanding, Utah The following sequence of events is common to many new and expanding businesses and perhaps yours is no exception. You start your business with a limited amount of capital and an abundance of good ideas and ambition. The sales activity has been adequate to produce a net profit. Your inventory is about twice as large as you intended for it to be. Your accounts payable are past due to the point where some creditors want to ship C.O.D, only. To keep your creditors happy, you have been overdrawing your checking account to the dissatisfaction of your note past due at the bank. banker. You have a short-ter- m If you havent been in this situation, possibly you havent been in business long enough. These are all symptoms of a very debt. common business ailment too much short-ter- m This type of cash squeeze can be avoided if you confine your companys growth to that which can be handled from retained earnings. If the cash from last years profits retained in the business is $25,000 and inventory grows by twice that amount, somebody (you, your banker or a new partner) has to fund the expansion that cannot be funded by retained earnings. If you cant provide additional capital and dont want a partner, bank loan. You will be much you need to apply for a long-ter- m more comfortable with a monthly payment on a five year loan bank notes and overdue than you will be wrestling with short-ter- m accounts payable. Some business managers wait too long to solve the cash problem and, therefore, damage their credit rating. Proper planning with budgets and cash flow projections will be worth your efforts. city task committees. Hugh Kirkham, Blanding Planning Commission, recommended that the city revise its subdivision ordinance to better accomodate subdividers, Kirkham proposed that a developer only be required to gravel and grade the street but not apply blacktop. He also recommended that sewer and water lines be brought only to the edge of the property line. The Council did not act on any of the reports made that evening. Rayburn Jack, Health Task noted that the new Committee, erf extension the San Juan Nursing Home is proceeding. This emergency care facility. Jack said, will not take away from the hospital but will serve as an enhancement to it. Judy progress Mainord reported on of sidewalks along West. There are still some First con- tracts from residents that have not been signed. Mainord noted the purpose of the current loca- - loans now too costly Long-ter- m You cant afford to borrow money longer than needed, Dr. Larry K, Bond, extension econo- mist, Utah State University, tells farmers and ranchers. He points out that today agri- culture must compete with the rest of the economy for credit. The days of low interest rates for agriculture are essentially gone. This means that farmers and ranchers must manage wisely to survive. No longer can you afford to manage by the seat of Bond said. your pants, advised, In advance, project your cash inflows and outflows for each month for the year. This will enable you to determine when you need to borrow and just how much money you need to borrow at a time. He your best credit sources and try to set up a nonrevolving line of credit. Use all measures possible to shave significant amounts from your anBond nual interest charges, Shop added. for tion of sidewalk installation is plan. She part of a out that property owners pointed need only supply the labor while the city supplies materials and engineering. Property owners have the option of supplying labor themselves or of paying the city crews for such labor, hi order for a block to obtain sidewalks in this manner it must be prioritized by the City Planning Commission. Harold Lyman, chairman of the long-ran- ge City Economic Development Committee, said research is now being done on the eventuality of an industrial park. Tie committee is exploring possible means of offering incentives to businesses planning to expand or to start up. Tie sprinkling system for the ballpark at Seventh North new should be ready in six weeks, Lynda Shumway reported for the Parks and Recreation Committee. Plans for a fire district are on the agenda for the 1983 legislature reported Fred Ochca, Public Safety chairman. Bradford noted there Mayor would be a Community Workshop on Thursday, August 6 at He invited the City Office. members and all committee interested public to attend. The time Is 7 p.m. Holyoak explains ASCS programs Richard Holyoak of the Agricultural Stabilization and Conservation Services (ASCS) office was guest speaker at the Chamber of Commerce meeting Tuesday at the Juniper Tree Restaurant in Monticello. He spoke about the duties and programs of ASCS and the financial plight of farmers in America. Holyoak stated that ASCS was organized by the Department of Agriculture in the early 1930s to provied support programs to keep Americas agricultural in- Such programs dustry strong. included support systems for tobacco, cotton, wool, mohair, wheat, grain and commodities. He noted that with the help of these programs, America produces more than any other nation, and that except for the wool industry, today we have the highest production in our history. Quoting from Farmline Mag- -azine, Holyoak said that while there has been an eight percent increase in food prices in 1982, the producers have only been percent positively affected by of the cost hike. Contending that it is quite a struggle for farmers nationwide as well as in San Juan County, he noted that the farmer only receives 59 percent of every dollar spent on beef; 32 percent of every dollar spent on fresh vegetables; and 47 percent of every dollar spent The on frozen orange juice. middlemen, packagers and grocers take up the balance. Holyoak explained the concept of parity which is the balance between what a farmer receives and what he should get based on 1- -4 i?3gM 85i? EteeaMactt atf tfflne oUlSllMlo)!? IPi? Beginning Sunday, August 15 Hours: Monday thru Saturday 6 a.m. Sunday 8 a.m. Juniper Tree Reoturant 133 E Center Monticello 587 -2735 his actual cost. To bring parity to a 100 percent level, a farmer who presently receives $2.90 a bushel for wheat, should receive at least $7 a bushel. Holyoak cited his own case of purchasing a tractor for $4,000 in 1971, and recently being quoted a bid of $5,000 to repair the same machine. Such inequities coupled with a problem of equalization of supply and demand have put county and national farmers into He said a financial crunch. that the government is attempting to equalize supply and demand by reducing production. He doubts that well ever achieve that because The system is going haywire, and we feed so however many nations the technology spreading in other nations might help in the world food supply market. Stating that America is the bread basket of the world, he feels the necessity to hold back production in the United States so as to balance the world market. President Reagan is currently imploring farmers to 20 percent less crops this year than last. According to Holyoak, Americans spend less of their pay-che- ck on food than any other nation. He stated that a steak for which we pay $5 for would cost $13 in Japan. Rick Terry questioned Holyoak about the necessity of controlling the farmer versus the middlemen to solve supply and demand imbalance. Holyoak stated that, amongst other problems, middlemen, packager, and the like have unions that would be hard to fight. At the same time, he feels that farmers should not consolidate. In closing, Holyoak stated that San Juan County yields are up this year, based, in part, on improved technology in farming methods and machinery. His figures to date show that 40,000 acres of wheat and 1,000 acres of pinto beans have been planted in the county. He did not have the current statistics on alfalfa or of sheep and cattle. Tie next chamber meeting on Tuesday, August 17 will be an open forum for discussion and evaluation of the chambers ac- tions and future goals. |