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Show .ir 9 cohp. 72 -A! 25J3 cin SALT LAKE CITY, UTAH Voters To Decide Five Or Six Special Proposals On '74 Ballot Five, and in some cases six, special proposals will face Utah voters in November in addition to regular election contests, citizens were reminded by Utah Foundation in a publication released this week. Utah Founda- tion, the private, nonprofit research organization, regularly Dresents special ballot proposals before election time in order that voters may inform themselves on the issues. Five propositions will be placed before all voters of the state, and an additional question will go before voters of three Wasatch Front Counties. issues Four of the state-wid- e propose amendments to the Utah Constitution. The fifth relates to the land use law enacted by the 1974 Legislature and then held up by referendum petition: if a majority of those casting ballots on the land use issue vote for the law, it will take effect without delay, but if a majority vote against, it will be killed as though it had failed of passage in the Legislature. The Utah Foundation Research Brief presents the language which has been approved to be placed on the November ballot, Change In Federal Money For Housing Program Will Aid Utah Major changes in the way federal money is funneled to local communities for housing and redevelopment programs are contained in a new law passed by Congress. One of the biggest differences is the end of dozens of individual grants and programs. Instead, a community will receive a single package of federal funds to be spent according to a comprehensive plan. This would replace many grant programs such as urban renewal, urban beautification, water and sewer assistance, historic preservation and emergency slum action. Mary Nenno, an official for NAHRO, said that the legislation is considered the most comprehensive revision of urban programs since public housing and urban renewal (1937) (1949). Known as the Housing and Community Development Act of 1974, it is expected to be signed by President Ford. The new act has a revenue sharing approach whereby all communities will receive funds automatically based on a formula that considers population, poverty and crowded housing conditions. The law has a hold harmless clause to insure that a community will not get less under the new package deal than it was getting through the collection of old categorical federal programs. However, to receive its grant, a town must submit a compre hensive plan for land use, housing and redevelopment showing how all the federally-funde- d urban programs will be coordinated. One section of the act pro-- f Continued on page 8 IRS Moves To New Location Roland V. Wise, District Director of Internal Revenue Service for Utah announced today that the Salt Lake City District headquarters office is moving from the Post Office and Courthouse Building to a new location at 465 South 4th East (Northeast corner of 4th East and 5th South). The Salt Lake City District headquarters office will be open for business at the new location on Monday, August 19, 1974. Office hours are from 8:00 A.M. to 4:45 P.M., Monday through Friday. The new location will provide taxpayers with better service, including free parking. 3.71 FRIDAY, AUGUST 23, 1974 W. Sterling Evans County Clerk Reminds Voters To Register Treasurer Duncan Did Not Infere State Made Poor Investments lossed the money. so that voters may familiarize themselves with it, and recognize the issues when they see the propositions in the voting booth. In all cases of proposed constitutional amendment, copies of the law as now written and of the proposed changes will be available at voting places and booths. Propositions to amend the Utah Constitution are: 1. To revise the entire Executive Article (Art. VII). Major changes would abolish the office of Secretary of State and establish that of Lieutenant Governor, with the Governor and Lieutenant Governor to run as a team in election contests, as do candidates for President and Vice President of the United States. Time for the Governor to act on bills passed by the Legislature vrould be extended from 10 days to 20 days following adjournment, but the Legislature could call itself back into session to consider overriding gubernatorial vetoes delivered after adjournment. The State Auditor would replace the Secretary of State on the Board of Examiners, acting with the Governor and i Continued on page 8) sum W. Sterling Evans The Primary election will be held Tuesday, September 10th, 1974. Those who have not registered will have the following opportunities to register: 1. In the County Clerks Office any working day of the week, except Saturdays and Sundays, up to and including August 30th, 1974. 2. In the neighborhood voting districts one day only. Tuesday, August 27th, 1974. On this day, will not be able to register in the Clerks Office. This according to the Law. Requirements for registration are: 1. Must be a U.S. citizen. 2. Must be a resident of the State of Utah. 3. Must be 18 years of age by election day. We encourage all who eligible, to register, so that they can vote in the Primary election on Tuesday, September 10th. Dr. Milton Abrams Announces Historic Site Nominations Dr. Milton C. Abrams, Chairman, Governors Historic and Cultural Sites Review Committee, announces the committees action at its meeting August 14. 1974. Two buildings, the Reed Smoot home in Provo and the Holy Trinity Creek Orthodox Church in Salt Lake City, were nominated to the National Register of Historic Places. Eight sites were listed on the State Register of Historic Sites. They are: the Gentsch-Thompso- n Home, the O. J. Salisbury home, the Thomas Quayle home the David L. Murdoch home, the Simon Bamberger home and the Daynes Jewelry Building all of Salt Lake City; the Henry H. Blood home in Kaysville; and the David Bronson Brinton home in Holladay. David L. Duncan State Treasurer Utah governor has followed up the inference that the state has an unrealized loss of some $6 million in bad investments in the Utah State Land Board Fund. This was the inference that came over the last week from several sources stating that the state treasurer has made public that the state The governor requested the information outlining some State Land Board investments that seem to have a low rate of interest. State Treasurer David L. Duncan said that the fund has an unrealized loss of some $6 million. Examples of the investment which are yielding interest which many private investors would like to gain, was an investment of the Brooklyn Union Gas Company bonds which the state invested some $100,00 for bonds which yield 6.25 percent interest but they were purchased at a $15,000 discount so the effective interest rate yield at the lower price is 7.70 percent. Charles R. Hansen, director of the Utah Division of State Lands outlined for the governor where investments similar bonds were traded for other bonds yielding a higher rate of interest. State Treasurer David Duncan said that he did not intend to infer that any bad investments has been made by any particular administration but, if the state were to sell the entire stock portfolio today the state would lose about $6 TODAYS EDITORIAL f A Matter Of Judgment Today, more than ever before, public understanding of the American system and the industries that make it a working reality is not only important but essential to the perpetuation of the system and to the perpetuation of the principles of individual freedom that mean so mueli to all Americans. For example, failure to reaet wisely to legitimate environmental issues can do irreparable harm. Many industries are participating in efforts to develop and enlighten our environmentally-eonsciou- s society a society that realizes the necessity of going forward rather than attempting to pull the switches and return to a bygone era. A background feature, prepared by tbc Association of American Railroads and entitled New Attention Focused on Railroads . . . by New Concerns About Energy and Ecology. presents a unique and sweeping summarv of what the railroads are doing to aid in meeting both tomorrows transportation requirements and todays growing pressures on land resources and the en- ( Continued on page 4) 9 |