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Show Enterprise Review , May 5, 1976 Page 8b Envirowest Selects Firm to Build Center SALT LAKE01son Construction Company, of Salt Lake, has been selected to build the Envirowest Center, a Salt Lake. Office space is being sold in the condominium-typ- e building. Of the approximate 40,000 square feet of floor space in the building, all but 4500 square feet is committed, said Jim Snarr, manager of En Commercial Envirowest s commercial and four-stor- y office building to be constrc-te- Ventures Ald Consumer d on the comer of 7th South and 2nd West in Salt Lake. Olson has built a number of commercial developments in the area including the University Mall in Orem, St. Benedicts Hospital in Ogden, the addition to the Holy Cross Hospital in Salt Lake, and the GMC Training Center, also in continued from page 7b ability and lower costs-fro- m the proposed activity. Joint bidding is a method which allows many smaller Development department. companies to join with other The city has approved Jhe companies-bo- th large and basic site plan, and Snan is small-- to get a piece of the presently preparing a bank action in entering bids for package for construction fin- offshore petroleum leases. ancing. Participants in such joint bids may number from two to a half dozen or more, with varying percentages of interests in the bid. As a result, competition has increased. This is evidenced in the fact that, in the Because there is not enough May 1974 Gulf of Mexico lease natural gas to go around, sale, 77 companies--eithe- r Mountain Fuel Supply Co. singly or jointl- y- bid to obtain must request permission to leases. In that sale, oil firms service customers wanting other than the eight largest large amounts of gas, says the were successful bidders on 60 Utah Public Service Commispercent of the acreage sold. sion. Twenty years earlier, only half U.S. Steel Geneva Works that number of different comrecently requested Mountain panies bid on Gulf of Mexico Fuel to transfer its natural gas leases. supply from interruptible to service. The By allowing companies to request involves 990 Mcf of natural gas per day. The take advantage of economics Publjc Service Commission of scale and to avoid duplicate last week approved of U.S. facilities, costs to the consumer can be kept down. Joint Steels request. Commisto the ventures create physical ecoAccording sion, the gas will be used as nomies of scale in both investfuel in the firms normalizing ment and operations, elimifurnace, as sweep gas in its nate the need for costly dupliammonia plant, and as fuel for cative engineering and manthe pollution control devices at agement, and lower inven tory its nitric acid unit. The Com- requirements. mission stated steel and fertil-ie- r uses are important to the In addition to spreading the United States economy and are of high priority according risk, joint ventures also allow individual participants to bento the Federal Power Commisefit from the activity, while sion. less than 100 perAccording to Carl Mower, financing of the costs. This leaves cent auditor with the Commission, monies available to the. indivipriorities for uses of natural dual companies for other capgas were set by the Commis- ital investments and expendision two years ago. Placing first in priorities are hospitals tures in exploration, developand emergency institutions. ment, production and elsewhere. When oil or natural .Residential consumers place is found in the U.S. as a second on the list. Last in gas result of such exploration, priority are generators with no more fuel becomes available g processes. to consumers from secure U.S. Steel maintained interdomestic sources. ruptible service is inappropriate for the uses it MFS Gets Okay to Fill Request non-interrupti- STICK OUR KNOWS IN YOUR BUSINESS! We know how to get your sales prospects every week for new profitable leads. Try the newspaper that knows your needs. heat-savin- 952 West 1 500South Salt Lake City, Utah 841 08 Telephone 484-4491 Great Salt Lake Council Boy Scouts of America 5 presents a tribute to our nation's " FREE SAMPLE ORDER BICENTENNIAL CELEBRATION .' ; I INTERMOUNTAIN COMMERCIAL RECORD I I 1952 West 1500 South Salt Lake City, Utah 84104 I j 6 Phone:484-449- 5 1 ! I Gentleman: Please send a sample copy of the INTERMOUNTAIN COMMERCIAL RECORD. J Firm Name ! I I I 1776-197- .Title Your Name : I I Address State City --Zip Phone . i 1 f Date : 3 to 5 P.M. SALT PALACE MAY 8, 1976 ij ADMISSION $1.00 Tickets available at the door or at your neighborhood Scout unit |