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Show Volume Eighty-Fou- Toorle, r Itih, Friday, Frhmr Cu4i Twenty Crnt 0, 1979 NuiiiIkt Thirty Sex rti More Than 100 Agents Real Estate Market Booms Ira. Tooele The national estimate for the next twelve months is that trig city prices will pruliahly stabilize, but rural population will take a dramatic jump to catch up. Iircause we are so far behind the urtian areas," says Buzianls. Russell Calltan of Mountain States Touch is in the mldvt of a real boom, according to several local tale real estate agents. There is a real estate boom here like the tennis boom of a few years ago, says Jay Buianis, manager of Broker House Realty. In Tooele there has been a 200 percent increase in the numlier of real estate agents in the last 18 months." Richard Pevan of Realty House says that there are now over 100 real estate ageuts in the city, World-Carriag- Title Company says that even though mortgage rates are high, he does not expect the real estate market to suffer. PEOPLE WILL buy houses no matter what the interest rate is," he says. I believe the interest rate will peak mg about 11 percent, and then, hopefully, it will back down again." Interest rates on a conventional mortgage loan are now at almut 1 1 percent. The overall interest market has been pushed very high by government attempts to strengthen the dollar," says Callian. There is still money available for mortgages, but it costs more. I think the real estate business will be hurt somewhat by the high interest rates, but not very much." One of the results of the increased e although only about 40 of them are active. There are seven real estate offices in Tooele. Two yean ago there were only four. "I CANT believe this vear," says Business is so good its He says that his office sold approximately 150 homes in the last year. It's a seller's market here, he says. Tooele has the highest growth rate of any area in Utah, but there aren't enough houses to go around." Despite the fact that it is a seller's market, the cost of housing here is still more than 10 percent lower thai in Salt Pevan. untie-lievabt- e. THE AVERAGE sale price of a home statewide is $67,000, says In Tooele the average price is about $43,000." Deadlines Change -- p.m. There will be no deadline changes for the Feb. 22 issue of the Tooele Transcript. down-payme- nt down-payme- nt -- Woods Companion Handed Sentence Lake. Because of the President's Day holiday on Monday, the Tooele Transcript-Bulleti- n office will be closed and deadlines have been changed. j- All news articles for the Tuesday, Feb. 20 Tooele Bulletin must be submitted by 6 p.m. Friday, and the advertising display deadline is Friday at 3 rates is that loaning institutions are rerpuring more of a downpayment on conventional loans. The standard has been S percent. Now, in order for homebuyers to get the lowed possible interest rate, a higher is usually rrqiurrd. 1N ADDITION to the down payment, homebuyers utilizing conventional loans are required to pay a private mortage fee of approximately 0.25 percent. The future of the real estate business looks promising, for the agent and seller, but not for the buyer. The price of a home is still going up from almut one to 1.5 percent per month," says Buzianis. "And some areas in the southeast and southwest (of which Utah is on the border) are expected to see a 100 percent jump in land values." The average new home selling in the Tooele area is in the $50,000 range, three lied room, with an unfinished basement, and about 1100 square feet. Joseph Julian Johann, who testified against convicted killer Walter J. Wood for the murder of a minister near Knolls last June, was sentenced Tuesday in 3rd District Court to serve one to fifteen years for robliery. - JOHANN HAS been given a 30 day stay on his sentence so arrangements can be made for him to serve the time in a correctional facility other than the Utah State Prison. Johann pleaded guilty to robbery in exchange for state's evidence against Wood and Charles W. Boske. Boske was charged last Thursday with two counts of obstruction of justice for as sisting Wood and Johann after the murder of Rev. David E. Aasved. Johann agreed to plead guilty and testify as a state witness, but feared for his life if he was required to serve his sentence in the Utah State Prison, since he would be labeled an informer, says Deputy County Attorney Ron Elton. THE PROSECUTION agreed to make arrangements to have him serve his term in an facility. Johann is still in the custody of the Tooele County Sheriff, and will be until another hearing is held in Salt Lake on March 12. The robbery charge was leveled against him for using credit cards taken from the slain minister. Ai , 4 Big winds I1?. Aeew x ifl tipped this single engine Cessna airplane at the Tooele City Airport os er early W ednesday morning. Throughout Valley Winds. Water Raise Havoc Febmary weather continues to fur- nish Tooele Valley residents with plenty to talk about. residents awoke to Wednesday, find that the weather word for the day was water and lots of it. Rising temperatures and the still frozen ground combined to create flood conditions in many areas of the county. Strong, gusty South winds and rain added to the discomfort. THE WIND loosened roofs throughout the valley and swept insulation into nearby yards and fields. It upended a boat, and a plane, tore down metal awnings and moved a shed two feet off its foundation among other damages to property. Weather Observer Burdett Bevan said he has no means to measure the velocity of the wind and could give no indication of its strength except that winds were strong and gusty. High temperature for the day was 50 degrees with a low of 34. Bevan Reported only .14 inch of moisture. GAIL PARKER, manager, Utah Power and Light Company, said the area came through the storms very well considering the velocity of the winds. He said there were some problems in isolated areas of the city, but nothing of a major nature. Electricity was off on Coleman St. for approximately Hi hours, he said. Service was also interrupted briefly on West Vine and at Grand View Mobile wind-connect- Park. Tooele Army Depot reported very little damage in spite of a great deal of water which was running across several sections of depot roads. KATHY MOORE, Public Affairs Officer, said that because of strong winds early in the day, part of some roofing insulation blew off building 603. The wind also loosened roofing on three other buildings, she said. &ie added that there was no actual flooding but in addition to water on Page Six) d LDS Authority Will Preside At Grantsville Conference Roliert L. Simpson, a member of the 1st Quorum of Seventy of the LDS Church, will preside a the Crantsville Stake Conference Saturday and Sunday. The public is invited to attend the general session of conference Sunday at 10 a.m. at the stake center, 115 Cherry. Saturday at 4 p.m. a priesthood leadership meeting will be held and those who should attend include: the high council, executive secretary and assistant, stake clerks, Melchizedek Priesthood quorum presidencies, group leaders and secretaries, bishoprics, executive secretary, ward clerks, and presidency of the Aaronic Priesthood MIA. A dinner will be held at 5.45 Saturday for all those who attend the 4 p.m. session. A leadership meeting will be held at 7 p.m. Saturday for all adult stake and ward priesthood and auxiliary officers and their spouses.s All youths between 14 and 18 years old in the Grantsville Stake are invited to a special meeting at 8 a.m. Sunday. The junior session of conference will be held for children between ages three and six during the Sunday general ELDER SIMPSON session of conference. Wendover Travel Oasis Plans Unveiled To Utah Officials Water, Water, Everywhere . . . Cows huddled in knee-deewater in a corral on a farm east of Grantsville. Grantsville, Vernon, Stockton and Erda areas were all hit hard Tuesday and Wednesday with flooding. p Marriott Seeks To Boost Guard Pay said he Rep. Dan Marriott, will introduce legislation to establish a new category of the civil service system to boost security guard pay at Tooele Army Depot. Marriott visited both the North and South areas of TAD Wednesday with acting Commander Col. Harry Miller and other depot officials to review security problems at the installation. THE CONGRESSMAN said it was a tragedy that the TAD security force failed the annual inspection test last September. He also noted that he was concerned because a security guard was arrested two weeks ago for stealing 36 cartons of conventional high explosives from the North Area. Marriott said the reason why there are shortcomings in the TAD security force is because of the low pay scale and his proposed legislation will create a new category for the guards in the civil service system. The new category will include security personnel who guard nerve gas weapons, nuclear weapons, and nuclear power plants, Marriott said. THE SOUTH AREA (which stores chemical weapons) has adequate security protection and will continue to Marriott said after a closed improve, briefing with TAD officials. Marriott noted that a seven-fodouble fence is being built in the South Area, patrol of the area has been upgraded, and King Tut blocks added to the igloos which store the chemical ot weapons. I doubt very much if the South Area could be penetrated, Marriott said, but if it were, the King Tut blocks would make it virtually impossible to break into the buildings where the weapons are being stored. HE SAID the King Tut blocks are constructed so that only sophisticated equipment can move them. The Utah representative said his main concern was security in the North Area of the depot where explosives, conventional ammunition and the Redeye missiles are stored. Marriott feels that the legislation to upgrade pay for security guards will be relatively easy to get through Congress. I am sure we will run into opposition along the way, but I am confident we can get it through, he said. Editor's Note: A map of the proposed project is found on page four. The proposed Wendover Travel Oasis and Information Center would benefit both tounsts and Wendover City by inducing the tourist to spend more time in the state and offering him recreational opportunities, according to the project director. Highlights of a master plan for the center were presented to state legislators, interested citizens and county and state officials Tuesday under the direction of John Palmer who said Wendover and various individuals and groups have been working on the project for the past six years. JIM PETERS a representative of Consortium West who made the study and developed the master plan, told the group that although Wendover is the second highest volume entrance into Utah, most travelers use the state as a corridor to get to other destinations. They do not spend time in Wendover, he said, and studies show that 77 percent of tourists spend one night or less in Utah. The site for the new information center is well chosen, Peters said. Located adjacent to the Wendover east off ramp of it is easily accessible and prominent to the view of large numbers of travelers who daily travel this major east west interstate highway. MOST OF them have been traveling through what he termed drab surand are ready for a break. roundings -- Wendover provides a natural opportunity for such a stop, Peters said. He said the challenge is to convince people to stop and spend more time in Wendover and the surrounding area. Objectives for the project as outlined by Peters are to attract people, pull them off the highway, interest them enough to involve them in the history and other information available, and orient them to opportunities for recreation. the World War II Story of the Wendover air base. From here he said the traveler can then take one of the exits to a picnic area, a six acre lake which features a vertical plume of water 50 to 60 feet high and a small boat launch. Trails and perhaps an overhead lift will provide access to a proposed overlook at the top of the rock promontory where tounsts can get a view of the Salt Fats and can also view the curvature of the earth. TO REACH these objectives the right kind of image is needed that will appeal psychologically to the traveler by presenting him with a contrast to the desert through he has been travel- THE COMPLEX will also feature a trail and pedestnan overpass over providing access to Danger Cave which Palmer says has archeaological ing significance. West Associate Rich Pulsipher pointed out what the traveler can expect to find at the planned complex. He said plans for the 37 acre site include such sight attractions as a great deal of green grass and shrub- Pulsipher pointed out that historical events, historical parties and the geological story could also involve the traveler and induce him to stay longer in the area. Mike Potter, also one of Consor- bery plus water to catch desert weary tourists eye. tium Wests planners, agreed that surrounding land use could enhance or prove detrimental to the complex depending on what type of enterprise is developed there. Consortium Tourists who stop for basic comfort needs such as rest rooms, a cold drink and shade will then be motivated to become involved with what the complex has to offer. SPECIAL FEATURES of the physical plan call for a shaded plaza, a lobby area with an information counter, an exterior display plaza for perma-meand temporary displays such as Ab Jenkins Mormon Meteor, an audio visual display with such information as nt HE SAID THE site offers unlimited opportunities with such features as a recreation vehicle camp ground which would fill a very real need for the ara. Potter said the project will be built in phases which will require a number of years. Total cost of the Wendover Center is estimated at $3,000,000. |