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Show Enterprise Review, May 5, 1976 ' r Page 7b , Joint Ventures Benefit Consumers Restaurant, Tavern Owners Await Hearing BY D. VandeGraaf Hearings on proposed ordinance changes affecting city restaurant and tavern owners have been postponed until May 11, at 10:30 a.m. in city commission chambers. The commission will also consider creation of a new category for private clubs. The new category would license clubs in which customers consume liquor not sold by the club operators. Changes include lifting the limit in the city and placing further restrictions on restaurants ability to serve Establishments curliquor. rently licensed as restaurants would not be able to serve beer without food. Currently only three hotels with lounges are licensed, as taverns. Others are licensed as restaur- The commissioners decisions regarding the latter two changes would affect the future of two proposed private clubs in the city: the Tiffanys Attic Theatre Restaurant and Arrow Press Square and the New York Bridge Company (the New York Hotel, Post 93-tave- rn Office Place) ants. The Planning and Zoning Department has also proposed that bars located within the interior of a block be licensed in a zone separate from a major street intersecting the lane leading to the block interior. We want to stimulate economic activity and building said Glen Adams, Zoning Enforcement Officer. He said he hopes the proposed changes would foster such activity, rather than limit it. restoration, ' new. Among the earlier exam- joint ventures by the petroples of joint ventures in the leum industry is anticompetiWestern Hemisphere were the tive and anticonsumer. The London Company and the facts, however, do not support A joint venture, defined in the simplest of terms, is the creation of a new business entity of two or more corporate bodies. Both, domestic and international petroleum companies have, used this type of operations agreement for years. Critics charge that joint ventures are not in the consumer interest; that they tend to reduce competition, can be used to foreclose markets, and work to drive up consumer costs. Quite the contrary is true. Numerous examples in pipelining, for instance-sho- w that joint ventures have increased the number of competitors with access to marketing areas, lowered transport costs, and raised monies for consumer-benefitin- g activities that might not otherwise have-beepossible. Use of joint ventures is not Plymouth founded the colonies at Jamestown and Plymouth.' The Hudsons Bay Company, which opened much of Canada to fur trading, was also a joint I wish I had three the govemer not running for reelection, I wanted to get nights a. week to devote to it. It s our only vocation, more information about how to become actively involved if I really. It affects all of us in our chose to, he said. personal and business Wright emerged from the class enthused about politics. Now I know enough to get These comments were made not about religion or sex, but involved. My only limitation is about politics. They were the time. I only wish I had three words of business people who nights a week to get k had just completed a involved, he said. course in Practical Politics, Secret is Agressiveness taught jointly by the Salt Lake Area Chamber of Commerce, Ronald Evans of Interwest and the Utah Education AssoBusiness Equipment said policiation. is our only vocation. tics such The course covers he topics as the political party .What else is there? system, voting districts in asked. Politics is involved in Utah, and problems of politi- everything you do, if youre cal leaders. Students also alive. In politics, aggressivemeet political candidates in ness is the name of the game. question and answer sessions. At the local, precinct level, Allen Wright of AT&T Long one persons voice is even Lines said prior to the class he greater, he said. The only problem with had never been political. As a newcomer to Utah he wanted politics is that its time conto learn how to operate in suming. You have to try not to Utahs political scene. With get totally involved. There are lives. six-wee- - leases and the exploration of those leases, construction and operation of large petroleum pipelines, and the construction and operation of deepwater terminals. These joint ventures involve large financial outlays. Many would not be built, were such arrangements not allowed. Even a large oil company, acting along, might not be able to generate the capital required or be willing to singularly accept the financial risk involved. Thus, the consumer would not receive any benefits that might otherwise accrue-- in the form petroleum were formed as an essential element in raising the funds needed to finance the ventures spread the risk of loss among the and lessen the need for costly, duplicative investments and efforts. The same objectives which applied to these early-da- y ventures remain valid today. As part of the strategy to justify proposals to dismember intergrated oil is, to restrict them to just one of the four main industry functions-pro-pone- nts charge that the use of com-panies-th- n so few people who want to take an interest in it, the few who do really get involved, Evans continued. Evans said he expects the class will help his business. By getting involved I can help elect candidates who will he support small business, . said. Mary Clark, in the marketing department of Western Airlines, said she needs to be cognizant of political issues in her job. The class has made me more knowledgeable about the political people locally. We were able to zero in on issues from different perspectives. I have become more aware of political behavior and procedures, she said. ' Clark said the class concentrated on grassroots politics. Its the most misunderstood element of politics, she said. The business of politics affects all of us in our personal life and in our business, she concluded. JOIN US FOR ALL THE FUN AND EXCITEMENT FOR WHICH Various kinds of petroleum activities pften lend themselves to joint venture. These include bidding for offshore crude oil and natural gas venture. These companies Group Finds the Business of Politics Intriguing "Now The this charge. Company. owners of these companies, known as adventurers, at avail-continu- on page 8b ALL FORMS OF INSURANCE INSURANCE AGENCY Paul Jerry Business Phone: 484-882- Scott 1 Residence Phone: Salt Lake City, Utah 277-296- 4 1545 South 11th East LIFE - FIRE - AUTO WORKMAN'S COMP. - LIABILITY - BONDS Our Integrated Accounting System makes data processing work... at last. An Integrated Accounting System-t- he break- through that business and industry have been waiting for. All your business information can now be put into one package. All this information is available at the touch of a keyboard. 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