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Show The Magna Times, Thursday, July 27, 1989 service operation Kennecott part of the scheme RTZ, a full KIM FOLSOM Magna Times Assistant Editor RTZ, with its Kennecott and BP Minerals additions, has become one of the largest precious metals and mineral sands producers in the world. They of the western now account for 52 worlds boron production, 43 of the titanium, 30 of the industrial diamonds, 20 of the zircon, 17 of the vermiculite, and 16 of the copper. Although most of the deal is finalized, with RTZ paying out over 3.6 billion, the Olympic Dam assets of BP Minerals were still being negotiated. The 4.3 billion dollar purchase price discussed in previous stories will take effect if the Olympic Dam properties are eventually included. The purchase will be in effect from January 1st, 1989 although the deal was actually finished as of June 30th, 1989. RTZ is still a bit of a mystery to Northern Westminster which had one highest unemployment rates in Great Britain. This, coupled with the high price of real estate in the area, was not good for the areas economy. The agency tries to combat this by helping new businesses with advice, experience, and with government business grants of up to 2000 or $3240 in our currency. Around the world, RTZ has shown concern for the areas that they are a part of. From all signs they seem to be good corporate citizens wherever they operate. Hopefully, this policy will reach the Magna area as well since we have joined the world of RTZ. of the many in Magna. Since the company is one of the largest mining operations in the world, it does have its complexities. RTZ is interested in community development. In England, there are 300 enteiprise agencies which offer support to businesses that establish in the agencys area. RTZ is closely connected with three of these agencies. RTZ was a founding sponsor of the Westminster Enteiprise Agency, which was founded in 1986. The problem area was in Manager Jeff S. Warner looks over food being served by Hope Garmendia as the cook, Dwayne Vllamor, looks on from the back at the new Dennys In West Valley City, where quality is a top priority. Dennys in West Valley City is just off for smaller groups to meet as well. Dennys also has a nice coffee counter for those who are in a hurry. Breakfast is served around the clock. There is a senior citizens menu and often specials for the seniors. Currently, the Dennys in West Valley is offering seniors a coupon that gives them a free meal on their 10th visit to the restaurant. KIM FOLSOM Magna Times Assistant Editor Jeff Warner is the vice president for Whirral Enterprises, which owns the franchise, and is general manager of die new Dennys Restaurant (located in West Valley City at 2222 West 3500 South). Because of its strategic location just north of the freeway on 3500 South, Mr. Warner thinks Dennys is alternative for people a great in Magna. The trip is less than 10 minutes from downtown Magna and the restaurant offers many features to its customers. The location is good for West Valley customers as well because it is just down the street from the new West Valley City offices. The restaurant is one of the largest Dennys in the nation and has two spacious banquet rooms which may be reserved for groups at no extra cost.-Thmain restaurant is spacious and cool for the summer and an ideal place if j Jt a 215 Mr. Warner has been involved in the restaurant business for 14 years and feels that Dennys is going to satisfy a major need in the area for good food around the clock. He also made a special effort to invite the people of Magna to come in, especially the senior citizens. If its good food in a nice, clean restaurant on your schedule that you want, Dennys is now open. Magna Times needs old photos 24-ho- ur n 1-- e A historian has to be a detective to find out what really happened. The Magna Times needs your help in our effort. Our August Copper Days edition will again this year be filial with historical stories of Magna and its people, but to do this properly we need to duplicate any old pictures you might have, even as recent as the 1950s and early 60s. Pictures of Magna, as well as mining photos, in the early days from 1912 to 1920 are of .special interest. .Copies of the Magna Times and Magna Ban- -' 1937 would be especially appreciated. Anyone who is familiar with the history of the Magna Times and Banner between 1906 and 1922 ner prior to Kim Folsom at We are not asking you to give up these prized possessions but to share them with the community. Some pictures would be used in Magnas proposed mining museum when that project eventually takes place. - please contact 250-565- 6. Art Monson discusses the countys revenue gathering potential with Magna Chamber of Commerce Member Jim Brusatto, who stayed after the meeting to get a few extra tips on the subject concerning Magna. Art Monson gives some tax tips to Chamber Salt Lake Countys controversial Treasurer spoke to the Magna Chamber of Commerce at this months meeting. He is a bit of a rebel in his ideas on taxation and revenue. He is never afraid to meet with adversity and often does when he challenges old ways of doing things and he starts implimenting new procedures. Mr. Monson talked about county procedures and ways of improving them. He also discussed property tax and the various aspects of that subject. He is not a great supporter of property tax as a revenue gatherer the way it works today. He is proposing that the county could be helped out greatly by having the public invest in taxes due. This would give the public a great investment and give the county money needed up front. The way things are to day property owners now only are forced to pay property tax within a five year period before losing their property. Mr. Monson plans to run at least one more time for Salt Lake County Treasurer and then may run for higher office. Mr. Monson reminds one of J. Bracken Lee in his heyday. Like Lee, he is controversial but you know he there and that he is working hard. The Cyprus Homeowners Advantage CFoix-ta- ps 117 willlhi Ctom a9 EegiLflDttif timm easy Loaim (Syppiias- - With the Cyprus Homeowners Advantage, you can tap the equity in your home at rates among the lowest anywhere. Right now, the Cyprus Homeowners Advantage is well under prime, at just 9 APR. This is not an introductory rate, although it is variable based on the credit unions internal costs. But with the Homeowners Advantage, youll pay no yearly maintenance fees once your line of credit is in place. Even if the rate does change, the amount of your monthly payments will remain the same, so itll remain affordable in the long run. Whether you use your loan for home improvements, a new car, a college education or whatever, chances are the interest you pay on your Homeowners Advantage is fully tax deductible, depending on your individual situation. If you want low monthly payments and possible tax deductions on a flexible home equity line of credit, turn to Cyprus. Cyprus Credit Union Magna Branch: 3505 So. 8400 West Equal housing lender. (801) 250-585- 8 |