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Show 2 Friday, July 23, 1993 CLIPPER $5.8 million share of power plant purchased by Bountiful power. CHALLIS News Editor The City BOUNTIFUL Council has OKd a power sales contract worth S5.8 million for part ownership of the San Juan, New Mexico Project's 4 coal-fire- d By PAUL generating unit. In a separate resolution the the $5.8 council agreed to pre-pa- y million for partial ownership along with 16 other cities belonging tc Utah Association of Municipa' i Power Systems (UAMPS). Most o: f the other cities will use bonder funds for their share in the project and won't pay up front. Bountiful will borrow the nearly $6 million from the $30 million balance surplus as currently budgeted in reserve accounts. We have done this before," City Manager Tom Hardy said. We have projected that the money will be paid back within 10 years." Councilman Barbara Holt asked Hardy if taking the $5.8 million would put other projects on hold? Hardy said, No, it wouldn't because the funds will be taken from the surplus and wont affect Hardy said that although it is a take or pay contract the city hasn't gone into the agreement lightly. We have been involved with the work and study on this long term obligation project for more than two years. Doug Hunter representing UAMPS told the council that it was a good deal and an investment in the future. . After studying and reviewing our options the San Juan plant was the least costly resource available to us, Hunter said. The Market is getting tighter. Over a 30-ye- ar period it (San Juan plant) showed to have the best net power value. Hunter added that of the cities have already signed the sales contract and the others are committed. The meat of the two-thir- will be St. George, Bountiful, Logan and Murray. He told the council that one of the benefits of Bountiful joining and being one of the larger users of the power source is that an automatic seat on the board of directors is guaranteed. You will have a lot of say in the way the project any currently planned projects for 1993-9We'll save the city money in the long run in interest rates. You must remember that youll be paying it back to project is handled." He also said that although it was a take or pay contract because Bountiful had agreed to pre-pathe risk would be less than the cities that are bonding their share of the yourself, Executive project. 4. Bountiful Power Director Clifford y, rates. The power sales agreement gives In this contract UAMPS will have the ability to sell off excess power without legal problems and drawbacks. Because of a larger pool, we will be able to sell it on the Bountiful 6.5 percent ownership rights and will guarantee the city as the second largest user of the coal-fire- d energy source with only St. George taking a larger amount of open market, Hunter said. Hardy warned the council that there will be other costs for the city after the initial purchase for partial ownership. We will be obligated Michaelis said. You will be saving percent in interest to pay payments and" costs and it is a long term deal. City Attorney Rusty Mahan said he had reviewed the contract and advised the council to enter into the agreement. I recommend for the council to approve it and the mayor to sign it. Hunter said the contract will last as long as the bonds or for 30 years or life of the bonds. Michaelis encouraged the council to sign the agreement saying it was a good energy source for the future and sound economically. The recommendation from an engineering study points to the San Juan Project as a sound source of power for the future, he said. The study completed by R.W. Beck and Associates urged UAMPS to close the deal with the New Mexico power plant. Michaelis said the coal-fire- d plant is operated efficiently and operating capacity wouldn't occur until the year 2005. UAMPS will be purchasing six percent of the power from the generator and be a part owner, along with the 17 cities in Utah belonging to the organization. Bountiful will get its power from Glen Canyon and the Colorado River Storage Project from New Mexico and it will be transmitted to Utah from UAMPS and the Western American Power Association (WAPA). . Bountiful's share of the power will be 5,000 kilowatts or five percent of the 30 megawatts EDDINGTON Staff Writer different sources for FARMINGTON Concern of temporary signs permanently dotting the local landscape has city officials clamping down on advertising for garage sales, boutiques and other temporary home business ventures. The City Council passed an ordinance Wednesday amending the city code to restrict the usage and location of temporary residential signs. The ordinance bans animated signs, light bulb strings other than decorative holiday lightings roof signs, and portable signs. While there are changes to commercial and agricultural a pretty good decision. They (homosexuals) should be able to be what they want as long as they dont do anything." I think it is Howard Darr . Kaysville think hes trying to please everybody, and he cant do it. Hes not standing up for what he believes in but is trying to please everyone, which just makes it worse." I do because I Matthew Snow Farmington think its disgusting. I dont hate gays. But Im not for allowing them in the military. think its gross." 1 1 Jennifer Wayment Kaysville including UAMPS contracts and open market power purchases. coal-fire- d, hydro-electri- c, think its bad. Gays shouldnt be in the military. The government should let them in openly or not at all. Gays should be treated... as well as everyone else, even better, but I dont think that they belong in I sections of the code, most of the, an intersection. The time frame for concern temporary the display of off-sit-e signs is the residential signs. The amended same as the rules for ordinance permits the display of advertisements. premise signs for garage sales and The ordinance also places a three other temporary home occupation ventures, as long as the sign limit on advertising for garage and yard sales and other temporary advertisements are erected no earlier home occupations: one temporary that 24 hours before the event and dismantled within 24 hours sign and two temporary afterwards. In addition, the signs signs per event. Signs must not exceed six square feet, and must be no closer than 10 feet from the property line and mounted on city residents are barred from stakes or posts that are embedded in staging more than four sales per the ground. year on their property. signs for temporary In addition, the ordinance allows home occupations are also fruit and vegetable vendors to erect permitted under certain conditions. Signs may be erected inside street signs on their property during the normal harvest season, with the right of ways, provided they are a minimum of 50 feet from other stipulation the placards are removed within 15 days after the sale ends. signs and not less than 30 feet from ebanges Off-premi-se Do you think President Clinton's decision on gays in the military is a copout? Why or why not? power, on-si- te over the number the Street according to the signed agreement. Bountiful currently uses several Farmington clamps down on number of temporary signs By MARK Word on V ' ? kTMs:: A. the military." Beverly Alien Centerville think it is a copout. But I think he should never have been playing around with the decision in the first place. I think he got in over his head and had to cop out because he couldnt get anyone to go along with him. He made a promise during the campaign that he never should have made, and now hes just trying to save face." N.C. Watson 1 Layton |