OCR Text |
Show the .ENTERPRISE - Burden continued from page I-- ri The only way to fight this dropped from eight to two. This is all well and good kind of taxation is to take it to for the people living in the court, Kier explained. But and will promote the city usually wins, and then of politicians respon-- i you have to deal with a city mean-i that considers you an adversible, but the developer his cash sary. while must tie up added Kier said he recently paid before passing the Kes$9,600 in park fees for a costs on to consumers, ler explained. apartment in Clearfield. All we can do is raise the Kesler said he just paid rents of the apartments once $107,000 in fees and $262,000 sub-- ; in bonding for a 55-lthey are completed, he division in Bountiful, This is an added burden for developers , who must wait Less of a burden at least six months before they can free up their money by selling the house, Kesler Kier estimated between added. The cost is naturally $10,000 to $15,000 of the cost passed on to homebuyers, but for every home sold in Utah is we meanwhile lose the interspent on fees, taxes and fedest we could have made on the eral construction requiremoney spent for fees. ments like tempered glass. This accounts for as much as Whos paying taxes? d of construction he said. Kier complained that an costs, The developer isnt the overall shift in taxes (from owner to developer) has seen one who is hurt, although his an increase from $259 to money is tied up for months, Kier said. The buyer is the $ 1 800 per unit in building per- one who foots the bill. Though mit fees in East Layton. i !; I re-electi- on U 48-un- .'j j !. it ot j i i 1 ; 1 i j I i one-thir- j ( ; I I i jj I J&L ;) continued from page 2 J lion, will now supply the firm with working capital. When pointments, shortly. Only last week, however, did Patterson return to the coast, and Bill Cooper, a stockholder before sold out, take control of the plastics molder, and assume its liabilities. According to Harvey, the west coast investors werent confident enough of Patterson to pump money into the firm, which is what it needed. Harvey said Cooper, a rancher from Oregon with a net worth of about $10 mil- - i !west I i J t ; t.i the west coast investors decided not to supply the necessary funds for the company, Cooper came to me and asked if Id manage the firm. Cooper will still spend about 50 percent of his time here in Salt the homebuyers would eventually pay the added costs in taxes, it would be less of a burden to them since it would be spread over a longer period of time instead of included in the initial home cost. These up front costs could force smaller construction companies out of business, Kesler predicted. The up front cash is too much for some people to bear, he said. This could be advantageous, since only sound developers could afford the subdividing process, but at the same time, the system takes a whack at free enterprise. Keslers suit comes to trial June 16. The suit claims a Sandy ordinance enacted in May regarding water hook-u- p charges was illegal. Kesler said he paid the fees under protest, and the law has since been repealed. He claims the city was using water taxes for general fund purposes, which authori-continue- 77q sirs'. - ,i ri, ENGINEERING RECRUITING SEMINAR COMPUTER SCIENCE ELECTRONICS TECH. MECHANICAL ELECTRICAL INDUSTRIAL SALES HONEYWELL Inc. is expanding its engineering, computer and sales staff throughout the United States. Will be recruiting for the above listed positions at is illegal. both entry and managers. Cities have gone wild experienced-level- s and divisional FRI. APRIL 21, 1978 7 p.m.- - HILTON HOTEL Salt Lake City, Utah Every municipality has gone wild with the new fees, Kier claimed. They have vir- tually eliminated other methods of creating revenues, depending instead on developers to pay and pass the fees on to buyers. These fees vary greatly according to the municipality, and each city contacted said the fees were designed to 11 tion and some of the larger developers claim they are keeping a close eye on the muncipalities to ensure they do not overstep their d on page 12 cover only costs. However, $170 of Sandys water hookup charge is funnelled into a park and recreation fund. Various state chapters of the Home Builders Associa- T . INTERVIEW BY APPOINTMENT ONLY! Call Collect (801)583-346- 4 CAREER DEVELOPEMENT, Inc. An Employment Agency 1355 Foothill Blvd. M's ' Reservations Must Be Confirmed By ' March 31x 1978. y'4 ; v: ' Lake. Harvey, who was the major stockholder of JoLene Manufacturing Company in Provo, became the general manager and director of all marketing activities. symbol ot secumfly mmm Since 1909, Bums has been providing the best trained and equipped security guards. Bums provides over 140,000 hours of guard service annually to Salt Lake clients alone. Why is Bums the choice of companies who demand the best protection? Because Bums guards receive training in crowd control, fire prevention, parking and traffic control, personal safety techniques and client relations and courtesy. Bums guards also receive training in special problems applicable to certain industries or events as well as proper use of, and qualification in firearms, where necessary. Write or call to get the story on how Burns guards can save you thousands of dollars in control of theft, pilferage, vandalism, as well as provide expert security personnel without the personnel headache. Bums International Security Services, Inc 530 Judge Bldg SLC, Ut. 84111 Phone i (801)328-892- 8 We erne you moiroey Thanks to the U.S. Supreme Court, you can now use your own telephone equipment on Bell System lines. And pay less for it! BGS sells and installs approved equipment that can be interconnected with Bell System operations. And you take it with you if you move. Its yours! Ma Bell sells" phones, too. But when you buy from BCS you own everything. (Read the fine print in Bell System ads. They still own the working insides of the phones they sell." Thats like buying a new car with an engine still owned by the manufacturer.) As we said, you save money with BCS. And you get more. We offer a choice of imaginative features you never had before. Privacy on outside calls. Multi channel intercom. Conference calls. Music. Hands-fre- e AAmin.ootlnn AnH nfhor (oaturoQ Call today for details. I3CS Telephones The Other Phone Company 2622 South 300 West 'Salt Lake City, Utah 84115 487-474- 1 |