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Show Millard County Pragma, Fillmore, Utah 84631, Friday, Jan. 29, 1982 Page 7 Cont. From Page 6 fully registered $550,000 Bond during each of the remaining years of the original term of the single, fully registered Bond. $550,000 Such aerial bonds shall be In such denominations as will permit them to mature within the term of the original single, fully registered $550,000 Bond in substantially the same amounts of principal and interest as are required to be paid annually on said single bond during each of the remaining years of the original term thereof. The County has reserved the right to prepay the principal of the single, fully registered $550,000 Bond (or to redeem the Serial $550,000 Bonds) in whole, or in part, at any Bond Numbers pany, Salt Lake City, Utah, at a purchase price of $750,000, plus accrued interest from March 1, 1982 to the date of time while the $550,000 Bonds are held by the Farmers Home Administration. The County has further reserved the right to prepay or redeem the $550,000 Bonds 1 toB held by $ 1991 1992 1993 1994 1995 1996 126tOl50 Interest on the $750,000 Bonds shall be payable on March 1 and September 1 of each year, commencing on March 1,1983. semi-annual- ly $750,000 Principal Bonds num- bered 1 to 53, both inclusive, are not callable for redemption prior to maturity. The County has reserved the right, at its to redeem option, num$750,000 Bonds bered 54 to 150, both inclusive, maturing on and after March 1, 1992, in whole or in part, in inverse numerical order, on March 1, 1991, and on any interest payment date thereafter prior to maturity, at a redemption price equal to the principal amount of the $750,000 Bonds being redeemed, interest plus accrued thereon to the date of redemption, plus a redemption premium of two of the percent principal amount of each Bond so re$750,000 deemed. The Bond Anticipation the $550,000 Notes, Bonds and the $750,000 Bonds will be general (2) $ $ 40,000 50.000 50.000 60.000 65.000 75.000 65.000 100,000 100,000 125,000 obligations of the County and will be secured by the full faith and credit and taxing powers of the County. The Board of County Commissioners of the County has covenanted that it will annually levy ad valorem taxes on all taxable property in the County sufficient to pay the annual installment payments on the $550,000 Bonds as they become due and payable and to pay interest on the Bond Anticipation Notes and the $750,000 Bonds as they become due and payable and also to constitute a sinking fund or sinking funds sufficient to pay the principal on the Bond Anticipation Notes and the $750,000 Bonds when due, but such levy may be diminished and the sinking funds may not be established or funded to the extent that other funds legally available therefore are applied for such purposes. A copy of the Resolution adopted in January 20, 1982, authorizing the issuance of the Bond Anticipation Notes, the VO of a September 1981, Utah Supreme Court decision that struck down the senior citizen rate. In a unanimous decision, the Court ruled that the discount constituted an "unlawful preference barred by law and sent the mat ter back to the PSC for action. The senior citizen rate has been in effect since Sept, of 1978 when the PSC modified a UP&L proposal designed to help senior citizens. The rate has applied to heads of households, age 65 and over, and has exempted them from general rate increases, except for fuel increases, on the first 400 kilowatt-hour- s used each of month. In 1982, however, when the psc spread a recently granted $28 million interim increase between varThere is one slot maious classifications of cuschine in Las Vegas for no preference tomers, inhabitants. every eight was given to senior citizens. y Amount Maturing 1987 1988 1989 1990 UP&L lowers electric rates The Utah Public Service without any Commission Wed. (Jan. premiuim or discount. 20) to a comproagreed Said purchaser has made mise that will result in no deposit toward the discontinuance of gradual The a purchase price. special, lower electric $750,000 Bonds shall be rate for some 41,000 eldated March 1, 1981, derly Utah Power & Light shall be in the aggregate residential customers. of amount principal The special senior citi$750,000, shall be in the zen rate will be phased denomination of $5,000 out in three steps begineach, shall be numbered ning April 1, 1982 and consecutively from 1 to ending a year later unless 150, both inclusive, shall replaced by a different have interest coupons rate plan. By April 1983, attached and shall bear all UP&Ls residential interest on the unpaid customers will pay the balance from same for similar principal types of their date until paid and electric service. shall mature serially in Wednesdays action by numerical order as fol- - the PSC came as a result delivery, any holder other than the Farmers Home Administration, in whole, or in part, at any time prior to the first anniversary date of the $550,000 Bonds from any Bond proceeds remaining unused at the is time the Project completed, or at any time on or after the 11th anniversary date of the $550,000 Bonds from any other monies from which the $550,000 Bonds are payable. The $750,000 Bonds will be purchased by Burrows, Smith & Com- - Date Maturing March 1 of the Year 9 to 18 19 to 28 29 to 40 41 to 53 54 to 68 69 to 85 86 to 105 106 to 125 Jackson picked for internship one-tim- lows: (Both Inclusive "be more equitable to those senior citizens than e avera sudden, of increase approxiage mately 25 percent, Dar-ci- e White, UP&L vice president said. He also noted that the higher rates will be phased-i- n after the winter and summer months when electric usages are normally higher than spring and fall. Thomas Forsgren, UP&L said, attorney "Despite efforts of the company to retain or bene- vise a new rate fit senior citizens, UP&L was unsuccessful in meeting the legal requirelower ments allowing electricity rates for one segment of the residential class because those rates were not based upon costs of serving customers. He explained that the rate subsidy given to senior citizens was made up by other residential users. Following the granting of special rates to senior citizens the Mountain States Legal Foundation appealed the commission order to the Utah Supreme Court saying the order constituted an "unlawful preference barred by law. In a unanimous court decision, Justice I. Daniel Stewart wrote that the court found lacking in the PSCs records any finding that the rate difference could be based on differing costs of service. 14.00 14.00 14.00 12.875 12.25 12.50 12.60 12.70 12.80 $550,000 Bonds and the $750,000 Bonds may be examined at the office of the Millard County Clerk, Millard County Courthouse, 60 South Main Street, Fillmore, Utah, at any time between the hours of 8:30 A. M. and 5:00 P. M. on any regular business day of the County, Monday through Friday, for a period of (30) days after thirty publication of this notice. Reference is made to said for all partic- Resolution ulars and details concerning the said Bond Anticipation Notes, $550,000 Bonds, $750,000 Bonds and the security and funds provided for payment thereof. For a period of thirty (30) days after publication of this notice, any person in interest shall have the right to contest the legality of the Resolution or the proceedings or the Bond Anticipation Notes, the $550,000 Bonds or the Legal Notice Millard County Job Opening For a Truck Driver and Heavy F.quipment Operator. Requirements: Chauffer's License, Good health (able to pass physical exam). Good driving record. Mechanical ability, must be 18 years or older. Preference will be given to applicants with truck driving and experience having duty heavy operated equipment. References accepted. Send resumes or applications to: Millard County, co Robyn Pearson, Box 565. Della, Utah 84624. Published in the Millard County Chronicle January 28. 1982. The three-ste- p phase-i- n simultaneously will lower electric rates for those residential customers who did not fall under the senior citizen rate. The will occur in phase-i- n three steps; on April 1 and Sept. 1, 1982 and April 1, 1983. The PSC action is expected to increase rates to those who previously qualified for the senior citizen rate, an average of approximately $2.30 per month for each of the three steps. For other residential users, it will mean an average reduction of approximately 30 cents per month for each step. The rationale of the three-ste- p is to phase-i- n er HELL FIND OUT A tried to deserted neighbor comfort the husband. It was a terrific shock to hear that Smithers ran away with your wife. I'd always thought he was your best friend. He is," replied the husband with a happy smile, only he doesn't know it yet." Southern Utah State College student J. Bryan Jackson has been selected h to serve a political science internship in the Washington, D.C., office of Utah Senator Jake Garn. Jackson, a senior political science major, will leave Cedar City, Jan. 18, and will return at the end of March. He is the eighth SUSC student to work in the Washington offices of Utah Senators Garn and Orrin Hatch since the internship program began two-mont- in 1979. know what my specific assignment will "I dont be,he said, "except that I will be spending time as a correspondent troubleshooter for Gams constituency part of the time. The internship program enables students to gain an appreciation for the legislative process and valuable practical experience in government not found cover living penses in the District of They earn "Internships give stu- - Columbia. dents an appreciation for from eight to twelve SUSC the work done by the sen- - credits in political science ators and for the pres- - and cooperative educa-sure- s placed on our elect- - tion. said Interns in the local ed representatives, D. Decker, chair- - ice earn three hours cred-ma- n of the SUSC Depart- - it through SUSCs Insti-meof Behavioral and tute in Practical Politics Social Sciences. during the quarter. They "Im especially excited work about four hours per about the practical eiper- - week in the government ience the internship will office and complete an offer, "Jackson said. "I outside research project, hope to complete an in- - A dozen students have depth study in some parti- - worked in the local office, cular department of gov- Jackson plans to enter d eminent that can be incor- - law school when he into the senior uates, specializing in Ill write when I get vironmental law or other area that will enable to SUSC. Under the interadship him to remain in Utah, The Washington intern program two students are is the son of Judge and in for stints eligible Washington each year Mrs. Joseph E. Jackson of while several others can Cedar City, and married work for the Utah sena- - to Jackie Riddle, also tors in their local office, from Cedar City. He is interns, also the grandson of Mrs. Washington Decker said, receive a sti- - Velma Jackson, of $550 per more. in the classroom or teit- - By 1 arry Sager Agent grad-porate- is an-ba- By Beth Crosland USU Extension Home Economist Dear Homemaker: Holidays are over. Did you stick to your diet over the holidays? Are you in need of something to do to pass the winter hours away? May I suggest a project for you. The County Fair is just seven months away. Just time enough for you to cut your quilt blocks, quilt, embroidery pillow slips, knit or crochet afghans, or do whatever you would like to do to have an exhibit for the fair. o nt COUNTV AGENT USU Extension month-t- If you have a fair book from last year, check to see what constitutes an exhibit. This years will be almost the same. Our 1982 fairbooks will be out in the near future. We need your exhibits. Please help make the County Fair in Fillmore in 82 be a success. Remember the time when everyone rushed out of doors to see a lone airplane flying overhead? THE 230 POUND PSALM Author unknown Strict is my diet, I must now want. It maketh me to lie Down at night hungry. It leadeth me past Baskin Robbins. It trieth my will power; It leadeth me in the path of starvation For my figures sake. Yea, though I walk through the aisle of the pastry department, I will buy no sweets, for they are fattening. The cakes and the pies they tempt me, My days quota runneth over. Surely calories and weight charts Shall follow me all the days of my life, and I shall dwell in the fear of the scales forever. Published in the Millard County Progress. January 29. 1982. (30) day period no one shall have any cause of to contest action the regularity, formality or legality thereof for any reason whatsoever. DATED this 20th day of January, 1982. Marlene A. Whicker Millard County Clerk Published In the Millard County Progress Jan. 29, Own your own phone, $750,000 Bonds authorized thereby or any 1982. provisions made for the Published In the Millard security and payment County Chronicle Jan. 28, thereof. After such thirty 1982. Work for You HEATING YOUR: Water - Home - Swimming Pool - Hot Tub Complete Design Service Call to find out how - - 801-487-07- 17 Telephone Collect you're a new single-part- y telephone customer, you'll no longer rent a telephone set from Continental Telephone. Instead, you'll own your own phone. Continental Telephone calls it Phownership. Recently the Utah Public Service Commission teleissued a ruling deregulating single-part- y phone sets removing them from the list of equipment which Continental rents to customers at regulated rates. If ONLY NEW CUSTOMERS The ruling only applies to new, single-part- y customers. It does not apply to existing customers, or to new party line customers. Deregulation was scheduled to happen regardless; the Federal Communications Commission has ordered it effective Jan. 1, 1983. But both Continental and you will benefit from it. Here's how; Continental Telephone will benefit by being able to position itself for the more competitive marketplace of the future. And as more customers purchase their own telephone sets, capital will be freed for Continental to invest in service expansion and improvement projects. BENEFITS FOR YOU But you'll benefit even more. Nou'll be able to choose any style of telephone set in any available color to match the decor ot your home. You'll save on installation fees when you simply plug in your own phone into the modular jack in your home. You'll save the monthly rental fee you'd otherwise pay to Continental for a telephone set If you move, disconnection and reconnection will be a simple matter; you'll just unplug your phone from the old residence and plug it in at your new home. FREE KIT If you're already a telephone customer and your home doesn't have modular telephone jacks, Continental a give you absolutely free modular conversion kit with sn instructions when you purchase a modular telephone set. Stop in at your Continental Phone Fair. There are more than 20 kinds of phones to choose from. will . Deregulation and Phownership: They mean a more competitive telephone industry and greater freedom of choice for you. That s the shape of the future at Continental Telephone of the West. Continental Telephone of the West |