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Show THE SAN JUAN RECORD Wednesday, My 2, 2001 - Page 2 Empire Electric takes out $7.5 milKon loan Empire Electric has taken out a $7.5 million loan to cover a line of credit it signed when it formed the now bankrupt REANet has approximately 15,000 area internet custom- ers. Neal Stephens, General Manager of Empire Electric, subsidiary REANet. The has been involved in the elecCortez, Colorado-base- d tric cooperative, which provides electric power to south- Wednesday May 2 Bluff Service Area Board of Tnist-ee- s meeting at Bluff Service Area office, 7 pm. Monticcllo Recreation and Golf Committee meetings at City Office, 7 pm and 7:30 pm respectively. Monday May 7 San Juan County Commission meets atthe county courthouse in Monticello, 10 a.m. May 9 and Monticello City Blanding Councils each meet in their respective City offices, 7:00 p.m. Wednesday Monday May 14 San Juan County Commission meets atthe county courthouse in Monticello, 10 a.m. west Colorado and the Monticello Eastland areas in southeast Utah, cannot raise electrical rates in order to pay the debt This is because the REANet venture was created as a REANet project from the beginning. He reports that the business serving the existing internet customers is a viable business. It was just the project to deliver the high bandwidth infrastructure to households which brought about the bankruptcy. Stephens still has hope that business by the cooperative, in the company will be able to partnership with La Plata complete the project. On April Electric, which serves the 3, REANet declared Chapter 11 bankruptcy to keep its Durango, Colorado area. REANet was a diversified creditors at bay until it could As a rebusiness of the reorganize. sult it is likely that Empire According to the Cortez Electric customers will not re- Journal, REANet currently ceive capital credits for several owes more than $20 million to years, until the debt has been its creditors. Empire and for-pro- co-op- fit Loans will test wind as eneigy source The Utah Office of Energy Services is offering to loan Utahns equipment to determine if their homeB or businesses can harness wind power. The equipment, called an anemometer, can be used to determine if the wind blows enough in a given location to justify putting in a windmill to gener- ate electricity. Its not the strong gusts of wind that can make energy for your home or business. Its the steady breezes that some re- ' gions get that might make a wind generator profitable, said Jon Allred, commerdalindus- - America Initiative. The equipment automatically collects 12 months of information on a data chip that the state can then interpret to determine if a windmill can be profitably operated on a specific site. for Call 801-538-88- 24 s. New management at MV Clinic (continued from page 1) terns had submitted applica- tions to win the contract Indian Health Services awarded the contract to UNDC. In adunfor is also responsible dition, the Monument Valley any paid interest on the line of Clinic is seeking, rural health credit clinic status, which will inThe interest rate for crease reimbursement rates. The transfer represents the Empires loan is not yet determined. The loan is end of San Juan Health Care Districts foray into providing apparently unsecured. The Monticello City Council medical care iq Monument ValLaPlata Electric each guaran- paid. The $7.5 million line of teed $7.5 million of the $15 credit was used to create the million line of credit Empire company, which was formed to deliver internet infrastructure to the Four Corners area. REANet owns sevneteral fibres in a work that was built between Albuquerque and Grand for-prof- trial program specialist. The Utah Energy Office already has wind data for 35 sites around the state. Ten anemometers are available for loan through a UJ5. Department of Energy program, the Wind Powering it 144-fib- er 20-ye- ar to voted Man killed in mtn biking accident Willard Anderson, age 44, of Hardscrabble Hill Tuesday, Boulder, Colorado, was killed April 24. in the Island ofthe Sky district The cause of the death has of Canyonlands National Park yet to be determined, pending after he apparently had an toxicology reports. He apparaccident on a mountain bike. ently rounded the top of Toward the end of a three-da- y Hardscrabble Hill and ran into mountain biking trip with a rock ledge. His body was a group of mountain biking found by a member of his enthusiasts, Andersons body party. was found near a rock on purchase the Monticello electric system from Empire in May, 2000. That decision was challenged in the court system and has yet to be determined. YdDQJM ley. The district opened the clinic soon after the closure of the Monument Valley Hospital. The hospital operated for nearly 40 years under the di rection of the Seventh Day Adventist Church. It dosed after suffering through several years of operational losses. According to officials, the San Juan Health Care District had medical success in Monument Valley, but did not have financial success. The new officials hope that the new IHS contract will help the clinic to be profitable. Dr. Ronald Walker will continue to be the primary medi- cal provider at the clinic, which is nestled in a spectacular sandstone canyon in world famous Monument Valley. MD IFTJIKTnnLJMIE US A VAOJAIBIUE TD3A1IN&1IN! SALE MAY 3 4 5 7 This trade-i- n event at Knowles Home Furnishings offers you the rare opportunity to receive cash allowances for items you NOTICE TO CONTRACTORS The City of Monticello is seeking bids for construction of restrooms and concession stand at the ballfields. Plans and specifications are available at the Monticello City Office, 17 North 1st East. Sealed bids be accepted until 5 pm on Friday, May 18, 2001, and will be opened at the Monticello City Council meeting on Wednesday, May 23, 2001. will The City reserves the right to reject any or all bids. were going to throw out! You must buy a like item to that which you are trading in Sofa for sofa, chair for chair, etc. One item traded per item purchased Well Trade For Any Furniture You Have! Regardless of Condition! Example: Sofa... $650 (City of fflonticello CITYiTAKE-OVERlO- Less Trade ... $100 You Pay $550 R Due to unforseen circumstances, the City of Monticello will not be able to assume trash collection as soon as anticipated. Be assured that there will be no lapse in customer service. Regular pick-u- p will until further notice. (City of JHonticdlo Furniture Is Worth Old Hide-ABe- $100 $100 $75 $40 d Sofa Loveseat Chair. Dinette (selected) $70 Chest Of Drawers $15 Dresser. $30 Mattress (Full size or larger)....$25 End Table (selected) $20 If your trade is worth more, wed be happy to make an appraisal be continued by Waste Management Residents will receive instructions on the new collection system when the City takes over the services. Look What Your viocgles HOME FURNISHINGS 1004 SOUTH MAIN MOAB 435-259-15- 85 90 Days Same As Cash |