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Show SOUTHERN UTAH NEWS 3 WEDNESDAY FEBRUARY 25, 1998 Kane Ranch By Lori S. Mohr Corrigan The Town of Fredonia and David Gelbaum, owner of Kane Ranch, jointly announce that Mr. Gelbaum has confirmed his decision not to donate the Kane Ranch to Grand Canyon Trust. The Town Council of Fredonia was delighted on learning last year that Mr. Gelbaum had purchased the Kane Ranch. The town officials felt that ownership by Mr. Gelbaum would insure that the traditional way of life of the area, namely that of the western cowboy, was going to be preserved for the citizens of the area. The Kane Ranch is by far the largest cattle ranch in the area, containing more than 600,000 acres of land, most of which are Forest Service and BLM leases. comThe ranch shares a mon boundary with the Grand Canyon National Park. Within the ranchs boundaries are contained most of House Rock Valley and the world famous Kaibab Plateaus wonderful, but fragile, landscapes. The Town of Fredonia was pleased to learn of the many changes during the past year that were undertaken on the Kane Ranch. One example is the tradeoff with the Forest Service to discontinue grazing in the sensitive Snake Gulch and Kanab Creek regions in exchange for substitute grazing in lush areas of the Kaibab Plateau. Recently the Fredonia Town Council learned with alarm that Mr. Gelbaum was discussingthe possibility of conveying the Kane Ranch to the Grand Canyon Trust, an environmental group. The mayor and council contacted Mr. Gelbaum and made known their disappointment that the historic Kane Ranch might no longer be under Mr. Gelbaums ownership and policies. More 5.9,, Nofees. Pay offyour high interest debt with a low introductory rate. . No points. No closing costs. Consolidating your debt under a low interest rate is the best way to pay off high interest holiday credit balances and, ui most cases, lower your monthly payment. Establishing a line of credit u easy. And theres no origination, approval or closing fees. 3 2 90-mi- le importantly, Fredonia made known that it was saddened by the prospect of Mr. Gelbaum leaving the Arizona Strip. In retrospect, both Mr. Gelbaum and the Town of Fredonia agree that something very valuable has come out of the furor over the Grand Canyon Trust matter: They have become acquainted, and the Town of Fredonia has persuaded Mr. Gelbaum to continue to ranch on the Arizona Strip. To insure closer future contact with the local community, Mr. Gelbaum, in cooperation with the Town of Fredonia, has announced the establishment of an Advisory Committee for the Kane Ranch. Initial members invited to sit on the Advisory Committee will be the Town of Fredonia, Kane County, City of Kanab, The Kaibab Paiute Band h il Hjffiiliiiliwwwowww: f! & Fast approval. It takes only mimites to apply. i 'v- - . And you ll have a credit decision ui just 3 hours. . Let the IRS pay some of your bills. Interest you pay on a Home Equity Credit Line is usually Apply now. tax-deductib- le. Just ask your tax advisor. : i : ; i if Stop by any bail Zions Bank branch, call Teleloan at 89-BAN- K, or visit tut at wwwjdoivbank.com. ZIONS BANK Member FDIC The special six month introductory rate of 5.90 Annual Rate (APR) applies to loans that have a ratio Percentage ratio of 80 or less. 9.5 APR, is 81-9- 18. your regular APR will be 0, 12 APR and 0, 13.5 9.25; APR. The The regular variable rate, which will take effect six months after your loan maximum APR is begins, varies based on the amount of equity you have in your home and written against the line for less than $500. If the line is not used once the prime interest rate. As of 13098 the prime rate your ratio is 0 is 8.50. your regular APR will be Currently if 9.0. lfyour A $15 charge is made for any check or draft during any calendar year, a $50 fee will be assessed. This offer is available on home equity credit lines up to $250,000, LENDtR |
