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Show 1 Sun Advocate Price. Utah Tuesday April 4, 2000 9B Financial adivser offers strategies to ease next years tax bite BY: JOHN FORD 'Financial adviser Has tax time left you straining Jot strategies to ease next years bite? Then you may want to consider one of the few investments outside of your retirement plan . that offers a tax advantage: municipal bonds or funds that invest "jijithem. T.J Many investors think of "muni bonds as conservative investments that offer '.poorer yields than taxable Trea- or corpo8ury, mortgage-backerate bonds. What many dont realize, however, is that for investors in tax brackets from 28 percent on up, municipal bonds lower e yields may provide more 'so-call- ed d tax-fre- .Jncome after taxes than taxable bonds. The following questions and jKnswers will help you learn more About municipal bonds and determine if they could be a wise investment for you. J Q. What are municipal bonds? A. Municipal bonds are debt securities issued by states, counties, 'ftties and school districts to raise money tor projects that benefit the public. Interest paid on the bonds is exempted from federal taxes by Congress to encourage Investment in such projects. In addition to the federal exemption. Jijgher-yieldin- some state and local governments exempt muni bond Interest for Investors who live in the state where the bond Is Issued. There are two basic types of municipal bonds: general obligation and revenue Issues. General obligation bonds, or G.Q. bonds, are approved by local voters and backed by the full faith and credit of the Issuing government. These are usually considered the safer of the two types because the issuer can, if necessary; use its taxing power to pay the bonds interest and principal. ' Revenue bonds are backed by the revenue produced by the financed project - such as a hospital, highway stadium, airport or public housing This type maybe bonds. According to the Public Securities Association, approximately 40 percent of all new municipal bond issues are Insured, with scheduled interest and principal guaranteed by one of the several Mouth Fit Your: fawnoRty faksttaok Free Omuhatioa Dr. Dorr w. Hanson I INSURANCE VISA Follow-U- p Adjustments 472-555- 6 tax-exem- pt tax-exem- pt ydull likely enjoy lower invest- . $325 Each $80 Each $25 & Up Rdines: Repairs: taxable bonds. Fbr example, assume you are' in the 86 percent federal tax bracket, have $30,000 to Invest and are comparinga bond yielding 6 percent and a taxable corporate bond yielding 8 percent If you buy the municipal bond you would earn $1,800 annually in Interest, a 6 percent yield and pay no federal taxes. The 8 percent taxable bond investment, however, would provide you only $1 ,536 in Income after $864 in federal Income taxes have been deducted - a 5.1 percent after-ta-x yield. The muni bond would be an even better investment if you accounted for state and local Income taxes when calculating returns on the taxable investment. can also buy munis through a municipal bond mutual fund. With a fund, ment minimums and diversification across an entire pool of bonds, professional management and easy liquidity Td take advantage of triple tax exemption, buy shares of a bond fund that invests only in Issues exempt from state and local taxes within your state of residence. (Certain income may be subject to the alternative minimum tax or state and local taxes.) Municipal bonds may provide steady income and diversification to your portfolio, but you'll probably want to consider them only CastPdrtial.i tax rate Is high enough to make them a better deal than You considered slightly riskier because repayment relies on the health of the project and Its revenues; the bonds are not considered an obligation of the local government and taxpayers. To compensate for this additional risk, the bonds often pay a slightly higher yield than G.O. g Custom Set: $550.00 Full Upper & Lower Economy Set: $450.00 Full Upper & Lower if your Tripie-municipal bond insurers. In addition, most issuers are evaluated by credit rating firms such as Moodys Investors Service, Standard St Poors Corporation and Fitch Investors Service. Individual municipal bonds are generally sold in S5, 000 units, with maturity ranging from one month to SO years. If you Invest In individual issues, It's prudent to diversify your muni bond portfolio among several issues in different geographic regions. That means your minimum initial Investment could be several thousand dollars. A Dentures atk QoMit PUBLIC NOTICES Because the People Must Know1 ADVERTISEMENT FOR BIDS SOUTHEASTERN UTAH ASSOCIATION OF LOCALGOVERNMENTS COMMUNITYSERVICEBUILDING Sealed Bid Proposal fan Investment firms, mutual - fund companies, online ages and other outlets offer acbonds and cess to ' hinds. Discuss your tax situation with a knowledgeable tax attorney Fbr guidance on selecting aptax-exem- OF A COMMUNITY SERVICE BUILDING IN PRICE. UTAH aril be received by tha SOUTHEASTERN UTAH ASSOCIATION OF LOCAL GOVERNMENTS al to receptionists oflfaa until 2:00 PM. on Friday, Apr! 21, 2000. Bids wi be pubfdy opened and read aloud at 2:00 PM. on Frida April 21. 2000 in the Board Ffaom of the SOUTHEASTERN UTAH ASSOCIATION OF LOCAL GOVERNMENTS, 375 Cartxxi Avenue Siila 123. Price, Ubh, 84501 . Blda shaflba aubmittad In a aealod envelope addrsaaad to Em Southeastern Utah Association of Local Governments, 375 Carbon Avenue, Suita 112, PA. Box 1106, Me Utah, 14501 . Label Bis envelope with TOdfor Community Services Butidng. Sand In lhaU.S. Mall or hand degver.DQ NOT SEND bid UPS or other aintiar by facsimile. Fed-EMghtsenricx .TlwpfMpalitorarfwodaraappraidmitotyasfolowK&nstniclonrffaofngfcbundationlloor slab she utitites, erection ofasteelshel and interior Inishes, and systems construction of a 6000 SJiprebtxfoabdmefalbuittngairaartyprocuredbyfoeowiieronfoeconisraflOOEastandAOO pt Investpropriate ments, talk with your financial tax-eXem- & pt advisor. Municipal bonds are subject to federal capital gains and losses - Interest income is tax-exem- pt . South In Pice, Utah. wl be one hundred Project period wi require a Performance Tha project Key Home Equity is perfect for large purchases. And those little surprises. . - and twenty (120) calendar days. Bond, Payment Bond, Liability Insurance, Workmans (tompenaationtaiancs and currart Utah State Contractor License. This project is fanded in part by a State of Utah Community Davetopmant Block Grant (CDBG). The project is covered by Fiaderal Labor Standards, Equal EmptoymartiOpptxturity Regulation, PayidRsporting Require-manfa- , Safety and Heath protaefen laws and other Federal and State Regulations. Davis Bacon Wage Rates wi be used on this project Drawings and SpecUcations may be obtained from Eaton Mahoney AssociatesArchitecto, 460 Souh 400 East Salt LaksChyUTMIIt. telephone 801363-151on April 1ft 2000. AJUttOQ refundable deposit made payable to EMA is required far each sat desired. Drawings, spedlcaions and otter Contract Documents may be examined at tie office of the Architect and at Htowjng bcafcn(s): Southeastern Utah Association of Local Governments Attn, lorn McCrary 375 South Carbon Avenue, Suits 112 P.O.Box 1106 Prioa,UT 84501 Julitviu' 4' SOUTHEASTERNUTAH ASSOCIATIONS Of LOCAL GOVERNMENTS; hereby notifies al contract entered into punuanttofois advertisement bUderefoatlwiaffirmafivetyarvurefoaifoe wi be awarded lotos lowest complete reasonable bidder wifooutdfocrlminafon on toe ground of race color, relgion, sex or nafonalorigiaSoutoeaslem Utah Assodafon of Local Government is LFw.v an equal opportunity employer. Each proposal dial be accompanied by an acceptable faim of Proposal Guaranty equal to at least Proposal is accepted, foe Bidder wl execute toe Contract within 1 0) days after the award of the Contract NO PERSONAL OR COMPANY CHECKS WILL BE ACCEPTED. (5) percent of tie amount of toe bid Proposal asaguarenteatoatitoe Prime -- 1 TheamreservesfoerighttorejectaityoralProposabandwaiwartylntoimaftywlechriicafty In any Proposal in the Merest of he Owner. for six months. .51 Executive Director 331-0- Soufoeastem Utah Association of Local Governments 0 Data . Prioa Municipal Corporation (City) fa toe legal Owner of fois property and al improvements. However, foe Qty racognizet foattoa Southeastern Utah Association of Local Governments (AOG) wffi bo too Manager of this construction project; foeratore, tor too puposes of fois contact - foe AOG wl represent foe cBy and be reforradtoas ho Ownat PubishedintoSunAdvocateApriUand . . 11,2000. PUBLIC NOTICE , Active is Marring on making apptication to UDOT tor a 5310 vehicle which wl baffled equipped for federal tiscal year 2002.Apublc hearing on the matter wi be .. haUApril6;2000kom2304flOtoranyoneiritorestedlnreviewingandoommentingontoe grant In addffionaoopy may be obtained by stopping by at 451 S.CartxmAve. or call(435) . ' 637-495-1 Standard pricing Rime ' .50 with Pubfshed In the Sun Advocate April 4, 2000. $50 amuaj fee. ' ; ' NOTICE OF COUNCIL MEETING CHANGE ; a Life is unpredictable - especially when it comes to your finances. With v connect! Visit a KeyCenter. 1.888.KEY1234 home equity line of credit, money is available to you when you need it - and in the future. Pius,, when you have a deposit account with Key, you can get a great introductory rate on your line of credit. You can use the money for anything - a large purchase or one of lifers little surprises. Best of ail, youll have the security of knowing it Is there when you need V it. Key-conr-- Ask for details today. ' . ,&ubfactlD.credR expiree May 13, 2001 Pvouagreetopw$50ennualfBeMrfOa22200qifUnon-pronXionUi5toeB90APfaPrinuB5SvoupwnoaStoifaIiofS52aoStNer2- pmmodonai rets was 9.06 ' r- . . APR u muat haTkey&v ; .... : .Pubish8dintoeSunAthocalaAptl4,2001' , . of ; . . City Recorder . NOTICE OF ANNUAL MEETING CARBON WATER CONSERVANCY DISTRICT r N Tito nsuranoe maybe required fooftrangeetom $215 to St32). your Ine leminatee lor eny reason ariltto 3 each feed rate loan advanced. FM feed rate loan fee walvL Ofa avatetie to new KBOtoatonwx Other NOTICE OF PUBLIC HEARING nsiderils.Thehaar1ngwlbeginat530pjp.onAprii11l2000aridwibeheidintw Price QtyHal Coundttambere, 165 East MaiaFttx Utah. Fiffowirtomation can twobtdwd by contacting WmJtVto636318XhcompiancBtrih foe American WlfoDisflbities Act krividtflisnaetfrx) special aocommodationa (kriudng audtiary communicative aids and services) during toe hawta ixxtinotity Joann lesaar 6363181 at bast forsa days priortofoa hearing foalwl be attended Joanna Lassar - dapendkig on (fie opdon choaen at dosing. dy Recorder Price City wihotoapiiiito hearingtodtecuss foe project determined to btappfed tor toe 200(V 2001 CDBGSmal Cities nogram In toe amounlof S21001 The prqjeclistohire an engineerirq irmtoprepareadataled plan on constating improvements ataq 3rd North adpeanttofoe to- tocoma housing. Comments wl be sofdtedon project scope, implementation, wid its oftadson . ; (7.49 Joanne Lessar PubishadtotoaSunAdvocataMarch28andApril4,2001 . ' . Rare may vynd'are baaed on the WM StrertJoumfa Prime Prime) minus a margin of 1.51 MbHnocydettnuglfwaMhbaingcycIa after the data the amount la opened. Aft to AP . . . approval. Off Keyfc Tha Prioa City Cound Meeting scheduled far Wednesday Apil 12, 2001 has been changedtoTuesday,Aprl11, 2001 The meeting wi begin at530pja and wi be held in toe City Hal Cound Chantoarx 185 East Mail Price, Utah. . Pursuant to Section MretoRavUdbS; Utah CodeXrmotated, notice is hereby . QivsnhatfoeAnnualMeetingoftheCaibonWalerConservincyDistrictwRbeheldatto ' conference room at Price River Wafar Improvement District 265 Fairgrounds Road, Pricx ''".!" Utah on Monday, Aprl 17,2000 atiaopjn. ; The names of too Board of Directors of toe laid District are: Richard N. Lex ChairhiaxJackChiatsttxlytoBryrw.MkfoadMa Dafadtofa3dayo(Aprl,2000 ... 450 . HI -V- -iSt Member FDIC C3 . . Mike DmBrlch. Secretary byGootgeM.HarmondJr Attorney Cartxxi Water Conservancy District ' - Pubfched I In foe Sun Adwcati April X 2001 . . 1 i V if. W V . - ; |