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Show ytyirw I Ilf S.ill Lake Tribune. Sumlav. Frbruurv 10. I9m( Broadening of Tax Shelters for Private Firms Prompts Concern But it was accomplished over s,,me prise because it was deemed taxpayers significant opposition (a 15 to 12 vote in wouldn't be obligated to assume any Senate), and led to a call for a study debt ov er the next few months on preserving revenue By 11173 the status in the bonding provision had been extended this special eyes of a possibly skeptical federal by the legislature to cover pollution government. control facilities. The development act was enacted in By 1971! provisions were tacked on to lilt 17 to permit local governments to permit aiding the building of hospitals, status for the nursing homes or various clinics for the extend their purposes of bonding solely to secure physically and mentally handicapped. industrial parks suitable for manufacBy 1977 the special bonding tax break turing. warehousing or other commerwas broadened to cover developments cial purposes providing services to the general pubRuling of Top Court lic, such as those for "recreation;-!- , It was subsequently found by the food, lodging or shopping services." It Utah Supreme Court not to violate the was sought particularly for resort Utah Constitution barring gov ernmouts communities lending their credit to private enter The 1'ihti amendment just passed By Douglas L. Barker Tribuur Political Editor Somt legislators sot a red flag being hoisted to draw unwanted attention of the Internal Revenue Service because of continued stretching of a umbrella offered private business to finance development. The object of concern is the Utah Industrial Facilities Development Act, which permits local governments to revenue bonds on issue behalf of private development. Business leases are used to pay back the Isolds The Utah Legislature, during its session adjourned last week, once again broadened hc type of projects that can lie aided by this tax exempt financing would allow the pt d bonding for research, business and professional office facilities or university research park locations for private interests involved in "acad.-mic- , scientific, engineering, technical and economic development functions." The decade of expansion of the use of such financing prompted Sen. Omar to observe: "Im Bunnell, afraid this is going to get out of hand Situation in Congress The niggling fear is that the federal government may look askance at continued acceptance of municipal privileges that can be used for such things as a hamburger stand, a fashion boutique or a dentist's office. Lawmakers have already seen Uon- - . gresx discussing legislation that could end or restrict the allowance for cities e and states to sell bonds to raise money for home mortgages because of wholesale expansion of this financing device and the loss of billions of dollars to the federal treasury. the agenda for the legislative general session in 19K1 up tax-fre- The interim legislative study ordered the Utah Industrial Facilities Development Act be reviewed "to insure that the provisions conform to federal law and Internal Revenue Service rules and regulations in order that a tax exempt status is maintained on the bonds authorized under the act." That study is one of about 50 research projects directed for interim review, referred to as the "laundry list" of study items, some of which may make Some ol the items include proposed legislation stymied during this past on budget session, such as a ban to con apartments converting dominiums, elearcut laws tor joint custody of children out ol divorce actions or the need (or measuring gauges on fuel tanker trucks Some Other Efforts Some others are to look at the need for new licensing or regulation in such areas as lottery laws, mobile home financial lease agreements, institution branches, aircraft registra tion. and supervision of certified public accountants and mortgage bankers Guides Oppose v Power Plants MX Racetraek By Joy Ross Tribune Staff Writer River guides and outfitters from 13 western states went on record opjaising the MX missile racetrack power plants system, construction of more m southern Utah and a number of river dams during the annual meeting of the Western River Guide Association Saturday. About 30 association members, most bearded, tanned and articulate, attended the Closing session of the two-dameeting at the Ramada Inn in Salt Lake City. - That group adopted unanimously the MX resolution. which questioned the racetracks effectiveness and condemned inherent social and environmental hazards in the proposed system. Oppose Power Plants A resolution opposing development of more eoalfired power plants in southern Utah and Nevada j at the present time was also unanimously adopted. I The "land disruption, air pollution and heavy imputation shifts would severely impact the Colorado River watershed, Bryce Canyon National Park, Zion National Park, and the Grand Canyon among other areas, the resolution stated. The group adopted a resolution that opposes expansion of the Glen Canyon power plant, and denounces its existing operations, which often change the river level abruptly. Patrick Conley, president of the association, said expansion of the power plant would allow the stream flow to be constantly changed from 1,000 cubic feet per second to 40.000 cubic feet per second, "totally wiping out recreational boating in the Grand Canyon, and causing tremendous environmental damage" to fish and natural habitat The group also adopted a detailed resolution to protect and preserve the Hells Canyon National Recreation area, and to ask that the East Carson 'river in California and Nevada be studied for possible I protection as a "wild and scenic river." Speeches Draw Applause f In discussion on the proposed dams and power plants, Mr. Conley's quiet resolve and the more 'impassioned speeches of Martin Litton, a Grand Canyon outfitter and former Sierra Club official, won frequent applause from the group. 1 Mr. Litton told them that projects like the Glen Canyon expansion are solely to improve already high lifestyles. "We have to draw the line somewhere," he said. "What kind of life can any of us live in a destroyed environment?" coal-fire- ' EIRSiTi CyKBGOGEE d tiluc-jeane- y SUPER SPA Size . Size Fill 650 Gal. Depth 38Vj 76 Sq. Size I i Fill 550 Gal. Fill 300 Gal. Depth 36" Depth 36" Depth 36" CALL FOR VOLUME PRICES ? 1 r v ON:... H I i M I Size 5'6 76 Sq. Fill 550 Gal. Size 710 Size Fill 750 Gal. Depth 36" or (2) JETS JETS 66 Sq. Size 4'9" x 69 Fill 425 Gal. Depth 35" Fill 500 Gal. 41 ' (NO) PACKAGE -- Depth 38" r (6) JETS (4) JETS SYSTEM Skimmer Main Drain 75 Ft. Filter 2 HP Pump WITH 6 AMP 10 AMP Blower HEATERS PROPANE 181.000 BTU 151.000 BTU 100.000 BTU PUMPS 12 to 2 HP FILTER SKIMMER V FOR REDWOOD TUBS AND SPAS 942 s895 795 OR HEATERS ELECTRIC MAIN DRAIN 5.5 KW "We have to value the world we live in as much as our lifestyle," Mr. Conley said m an earlier interview. SKID PACKAGE 12 KW Mr. Litton sarcastically suggested the nation's Yosemite Valley in "best potential energy site" was just going to waste." California JETS "We need to serve notice that we care." he said "That doesn't mean we'll always get everj thing we want done, but we can't do things we believe in o ENC0N o SOUTH PACIFIC EQUIPMENT PORTABLES Size 69" 7-1- 0 Fill 600 Gal. Depth 36 or 41 . .' o BLOWERS 25 67400 774 Ceramic Tile Under Water Lighting Two Tone Tubs Colors to choose from ADDITIONAL SIZES, STYLES Add $145.00 Add $125.00 Add $125.00 SHAPES TO CHOOSE FROM & ' ) because we may run into some opposition from Jimmy Carter or others." Approve Major Revisions Earlier in the day, members approved major revisions of the group's bylaws that were designed to broaden the group's political and financial base and give it nmre clout in Washington. D C The changes gave outfitters full voting privileges and made it possible for ordinary citizens to join the organization as general members. "We're especially interested in getting our guests, the people who actually take river trips, to join, Mr Conley said Size 710 x 13'10" Fill 1450 Gal. Depth 36" Size 78" x 52" Fill 200 Gal. Depth 27 SIZE 4'9" x 6'9" Fill 200 Gal. Size 11 x Fill 550 Gal. Depth 42 Depth 27" "One of the problems we have with state and federal agencies is that the.v sav all we represent is We fed sincerely that we our own pocketbook represent the people we serve who love river travel " Size 8 0 x 77 Fill 360 Gal. Depth 36V Seats vary 20 to 23" Size 75 x 67 Fill 510 Gal. Depth 38 76 TUBS ' w ways were in yoiar corner at tax time. KSTU, , I e FROM I 4x36to 60 deep 5x36 to 60 deep 6x36 to 60 deep 7x36 to 60 deep 8x36 to 60 deep 6 Oval 36 to 60 deep 7 Oval 36 to 60 deep 8 Oval 36 to 60 deep Beneficial Income Tax Service. i,r !v i V VJti 1' mMm' Vv tv' . V jm- - st-n ; ' u 1 , Beneficial Instant Tax Refund Loan. Dun t wjnt1- - ' rtf'vlM'j qiMllfu to do d't I. i". r ' ; ,i v v v .i j' Jv't,'f,i 11 f i f i '! ,i ii' i't .! d ! .! x. !,, t ifi m ,' : t , t CviMupO't hi and SaiuKi.t, m t i NOW OVER 100 SPAS INSTALLED t' t V tvt'n uf $710 $890 $975 -$950$1285 $1060- - -- $1460 $660 $900 $780- - -- $1025 $950- - -- $1350 $535 $630 $700 - I r TO COMMERCIAL & RESIDENTIAL MELY Vs . U Beneficial Finance System Unnrfic. I "f iv U' t .r fi' ,i'h' r Tax & frelQht not Inducted , 1 861 1 i 0 "272-8S9- 3 A.M.- -9 P.M. o' 801-29231- 31 A , : ' |