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Show 2monday, 20, 1978i Proxy The arts, business link up in new venture Business and the arts will join in a unique experiment next fall with the opening of Irving School, a combination of commercial space alongside theaters and rehearsal halls. Bonneville Development Corp., owner of the 90,000 square foot Sugar House building, plans to invest at least $2 million in first phase development, said Carl Suds- - bury, a Bonneville spokesman. Commercial stores, 30-3will occupy numbering 60,000 square feet of space, and a number of theaters and rehearsal areas will take the balance, he said. Financing for the project has been committed, he added, but he declined to name the source. Bonneville purchased the school in February 5, 1977. f Iri Enterprise The National Enterprise is published weekly by the National Enterprise Publishing Company, Inc., 500 Continental Bank Bldg., P.O. Box 11778, 6. Pioneer Station, Salt Lake City, Utah 84147. (801( Copyright C 1977 by National Enterprise Publishing Co. All rights reserved. 533-055- Second class postage paid in Salt Lake City, Utah, No. 891300 R. George Gregor sen Publisher Alena E. Bentley Editor Kristopher R. Passey Creative Director Sheri Poe MHt Policzor KonBeHo Production Manager Staff Writers Jamee M. Schulz Research Director At present the only lease Bonneville is ready to make public is Beesley Music, whose space on West Temple is slated for demolition once work on Crossroads Mall gets underway. Well probably seek a busid number of nesses," Sudsbury told the Among those Enterprise. planned are record stores, art supply stores, art galleries, dance supply shops, bookstores, a private club, a restaurant and a coffee shop. Professional office space, for architects, planners and landscapers, will also be availarts-allie- able, he said. Commercial space in the building will lease for between a square $4.50 and $6.50-$- 7 foot. The concept of the center is to combine art related commercial businesses with live theater, dance, etc. so that the two may benefit from each other's patronage. With great dignity, the arts are giving back to private business what they have re Opinions expressed by columnists herein are not necessarily the opinion or policy of the National Enterprise. Send all submissions to P.O. Box 1 1778, Salt Lake City, Utah 84147 Not responsible for unsolicited manuscripts. ESASE Subscriptions $24 per year 50 cents per copy ceived, and vice versa, said Carolyn Kane, a founder of foundation the which will manage and book use of the arts space. Each constituwill have built-i- n ency, she said. A name for the center hasn't been chosen yet, she added, primarily because the concept is so revolutionary no one can agree on exactly what it is. Were calling it a non-prof- it center, Sudsbury said, with no more emphasis on one area than another. The center will provide a place to perform, however, for a number of small groups who arent big enough to fill Kingsbury Hall or the Capitol Theater once it is finished. We think there are at least a dozen groups in the valley who will use the space, said Kane. Construction and remodelh ing should begin in with completion slated for October or November. A contractor has not been named, Sudsbury said. mid-Marc- in 1976. YOU DO HAVE A CHOICE In continued from page 1 5.450 million shares outstanding. Mawood said. Mawood is a former securities broker and had been closely involved with Mirco-Bio'- s founding in 1968. He is a Standford graduate and expects his business expertise will benefit the company. Muna is a scientist, he said. Instated as the new board of directors on Sunday are Mawood, chairman; Carole Ann Golden, a Ph.D. in microbiology; Charles D. Scott, a Ph.D. in genetics; Richard C. Cahoon, formerly of Interstate Brick; and John Leete, previously vice president of SperDr. Muna will ry Univac. remain at Micro-Bi- o as director of research. Mawood told the Enterprise sales during the first four months of Micro-Bio- s fiscal year, ended Sept. 30, are up 50 percent over the same period last year. He attributes the increase primarily to two new products introduced by the company this year. For fiscal 1977 Micro-Bi- o recorded revenues of $308,999 vs. $264,444 during 1976. Net earnings amounted to $52,160 in 1977 compared to 549,224 Financial most cases, we can provide additional features for less money than you are now paying the local phone company. pressures force sale HealthGarde Corporation has sold its cardiopulmonary computer programs to Tele-me- d Corporation of Hoffman Estates, 111. to relieve immediate financial difficulties, according to president R. Frank Atmorc. He did not reveal the value of the transaction. In addition, HcalthGarde's liabilities under a lease for and office manufacturing space at the Salt Lake International Center have been relieved, he said. Under terms of the agreement, Tclemcd will complete Electronic PABX all outstanding purchase or- ders and provide field service on a basis. HealthGarde also intends to negotiate a sale of all its assets relating to the cardiopulmonary business with he added, which consub-contra- ct Tel-eme- Benefits INCREASED PROFITS INCREASED CUSTOMER SERVICE INCREASED TELEPHONE EFFICIENCY CONTROL ESCALATING INFLATION INDIVIDUALLY DESIGNED SYSTEMS Custom-tailore- d stitutes substantially all the Of companys assets. course, the sale would be subject to shareholder approval, and would be contingent upon the release of liens of various creditors. If a sale can't be agreed upon or if shareholders disapprove, Atmorc said Health-Gard- e will look for alternative means to finance its business and might remain in the he said, MULTI-FUNCTI- II ON PHONE cadio-pulmona- plans for lease, purchase or rental TCT TERRYPH0NE CORPORATION ac wtCT fFMTFR CTRFFT NORTH SALT LAKE, UTAH 84054 ry business. But if corporate plans arc said Atmorc HealthGarde would be in a position to attempt developing its computer business in areas, such as hospital management successful, International Telephone and Telegraph d, PHONt: 534-08ANSWERING SERVICE 40 363-46- 09 |