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Show THE SAN JUAN RECORD DOE to proceed with plans on repository In of Governor spite Maihesons edict to deny perm its to the Department of Energy (DOE) for further testing at the Gibson Dome site until all of his demands are met, the DOE intends to proceed with itsplans. Michael Lawrence, acting director of the DOE office of civilian radioactive waste management said he "...understands Maihesons concerns but DOE will not back away from its lawful responsibility as a decision maker in the site selection process. He added, "All other states have similar concerns and could point to similar reasons why their states should not be considered. MARKETS Wheat Beans $ 4.75 $15.50 Lawrence believes the data collected to date on Gibson Dome is sufficient to make an evaluation as to which sites should be considered for further testing. Lawrence said, "We will seek whatever means we can to proceed with our site characterization process if the state fails to cooperate with DOE. Lawrence also announced that dates for picking a waste site have been pushed back and DOE will not meet the March 1987 deadline far selecting one site. The new mission plan calls for a decision in August of 1990, Lawrence said the new date "shows a realization that more time is required to collect and go through the data. The intermediate dates in the selection process call .for DOE to reduce the nine sites in the six states under consideration to five by August 1984. These five should be reduced to three by February of 1985. The DOE and its contractors will then begin extensive testing which will last until March of 1989 at these three sites. DOE also said that these tests will include the construction of two 10 foot to 12 foot shafts, rather than one, at each of the three sites selected. At least one of the shafts would become part of a repository at the site selected. After nam ing the preferred site in August of 1990, a three year reaction and evaluation period has been allowed for, including the possibility of state veto. If all the hurdles are cleared, DOE anticipates construction licensing from the Nuclear Regulatory Commission by August of 1993. The start-u- p date for the repository is set for January 1998. After evaluation of the facility, the timetable calls for receiving radioactive wastes by February 2001. First Security Bank of Utah is now offering a new government guaranteed student loan called Parent Loans for Undergraduate Students (PLUS), it was announced by Robert T. Heiner, chairman and president of the statewide bank. "We are happy to be a part of the PLUS program, said have been many Heiner. "There students who were denied loans because of the needs analysis required under the Guaranteed Student Loan (GSL) program. These students (or their parents) may now be eligible for PLUS loans since it carries no stipuon lation maximum income levels. "However, continued Heiner, "First Security wiU continue to offer Government Student Loans as it has in the past. Those who may apply for the PLUS program include parents of a dependent undergraduate stuan Wi .JLJlI under- independent graduate or graduate student, or d a student seeking a professional degree. In addition, the student must be enrolled at an eligible 5 institution at least half time. Maximum amounts which may be borrowed under the PLUS program are: Parents Up to $3,000 per year for each qualified dependent, with a maximum of $15,000 per qualified dependent; Independent undergraduate Up to $2,500 per academic year, with a maximum of $12,500; Graduate or seeking professional degree Up to $3,000 per academic year with a maximum of $15,000. (Under the Parent Loans for Undergraduate Students program, funding for any school year may not exceed the cost of education minus other aid.) For additional information on First Securitys various student loan programs, stop in at any or Security office call (801) simply First Security Bank of Utah is a financial services company of First Security Corporation, First 350-13- 87. regional financial firm providing banking, real estate, leasing, brokerage and insurance services in 12 western states. ' V. ? Sun shines over Utah Housing to y Utah Housing Finance Agency (UHFA) will once again be able to provide below market interest rates to moderate income Utah as Congress exhomebuyers tended the Agencys authority to issue tax-exe- Mortgage mpt Revenue Bonds (MRB) for another four years. raises its capital through the sale of MRBs, has been unable to do an issue since UHFA, which December 31, 1983 when the authority to issue bonds was "sunset as stated in the Mortgage Subsidy Bond Tax Act (MSBTA) of 1980. On Friday, June 22, House and Senate Conferees approved a massive tax bill which included a section that extended state governments authority to issue MRBsuntil January 1,1988. The bill, passedbyboththeHouse and the Senate, is expected to be signed into law by President Reagan later this month. In anticipation of the extension, tax-exe- Jim and Dora Harney, the new meat cutter wrapper team at Rogers Foods, moved to Monticello from Salt Lake City four weeks ago with their daughter Misty , Jim was born in RidgvHay, Colorado and has been cutting meat for 33 years. Dora has been wrapping for 18 years. Jim believes that teamwork is the key to success. UHFA began Boneless Pot Roast Beef Stew Cubes..... Boneless Ranch Steak Mild Cheese 5 lb. block or 3 Legged Fryers.... -- more 2.39 .........lb, 1.29 .....lb. 1.79 ....lb. 1.79 ..........lb. 1.69 lb. 99 lb. 64 West Central 12. oz. package IF(1 Monticello 99 according the $147 million issue released last November. Before a new issue of bonds can be done, the Agency must determine whether favorable market conditions exsist for the sale of the bonds. It is the Agencys goal to provide amort-garate not to exceed 11.95 percent. ge Atlas Minerals The July 18 edition of the Mining Record reports that Atlas Minerals lost $2.37 million for the nine months ending March 31, due to reduced uranium sales and the cost of putting its Moab mill on standby. Atlas Chairman Edward Farley noted that uranium prices are turning upward. About six weeks would be required to re-stthe Moab operations if the art firm feels that market conditions make a beneficial. re-open- ing Monticellos finest custom-bui- lt THE WALTON HOME home on current market. Three bedrms, 2 baths, large FR in bsmnt. Carport, block wall fence, fruit trees and garden spot. Financing available at 10 with large down. 2. SMALL DOWN PAYMENT, owner financing, good interest rate. This one is for you. 3 bdrms, dble-de- ep lot, new cabinet and floor coverings, good location. Terms negotiable. LIKE NEW AND AVAILABLE 3 bdrms, fenced yard, 3. 1. woodburner installed. FmHA financing if qualified. 11 ACRES , 4. OF SCENIC COUNTRY 7..5 miles on east Monticello highway. Spectacular view, power to property line, weU permit. Soil excellent for crops. $8,450 cash. 5. PRICE REDUCED $1,500. Buy two, rent one. Two homes on lot in country. Passive solar, trees, view, water, power, septic, carport, woodshed, cellar, and all the privacy you need. Now $29,500. 6. '23 9 --ACRE DRY FARM three miles north of Monticello. 220 acres cultivated. Live water and pond, fences. Owner will finance short term. BRICK HOME with full basement on landscaped 7. lot. Garage. ExceUent view. Great neighborhood for family. 6-a- cre Western Family Sliced Bacon preliminary work Grant S. Whitaker, Acting Executive Director of UHFA. "However, we still need to use up the remaining moneys left at 10.55 percent from fall, All American Agency Eeal Estate Good thru July 30 Steak......................... mpt on a new issue during the month "We hope to have cf June, a new issue of bonds out by this Memit Btepmrtmemt Qpecnmis Rib - Page New government guaranteed student loans dent, oUflDOD Wednesday July 25, 1984 Bruce Aimma 587-282- 0 -- PbUih (fortes 259-649- 3 |