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Show Thursday, December 31 " .&. V? : - ' - iv Wi i Aiii- tf" Jul. ' Ths Hatch ftepot 1 By - w. v People are not the only creatures who can enjoy a Christmas snow stain. This Airedale Terrier found the snow great fun and the snowballs delicious. The Uintah Basin area received .27" of moisture approximately during a two-daperiod last week. Mae snow is predicted fa the area this week. The extended forecast calls fa scattered rain and snow showers Thursday (today), with clearing through the weekend. Snow conditions at the Salt Lake area ski resorts improved greatly last week. Wky y As of Monday, December 28, Alta reported 125, Snowbird had Park City 75", Park West 135", 45", Solitude 90". Brighten 116", and Temperatures for the past week are as follows: We're at rock bottom, said Walter a spokesman fa the Home Builder's Association of Utah. "We're not meeting the needs of the potential home buyers in Utah - we need 20,000 housing starts to meet the demand -and it's doubtful we'll see over 2,000 in the last three months of 1981. That bleak outlook - the view from rock bottom is less than panoramic - is shared by home builders and buyers in Utah and across the nation. The housing industry, in fact, is at its lowest point in 40 years. National projections show that 1981's production of over a million new units makes it the lowest new housing year since 1946. The slump costs the American economy dearly - wages are lost, tax revenues are down, and unemployof ment is up Ithe percentage $400500 taken in unemployed Utahns who are construction workers jumped in 1980 to almost 15 percent of the total unemployed in the state) - and perhaps its hardest impacts are on those families who cannot find adequate housing at an affodable price. Rock bottom is, without a doubt, an accurate description. Nothing short of a revitalized economy will spell the relief of the market; but, until that happens, there are still important steps that can be taken to help. One of them is manifest in a bill I introduced in the Senate that would liberate billions of dollars currently pension resting in ERISA-regulatefunds fa investment in residential home mortgages. Current rules of the Employee Retirement Income Security Act, particularly the "prohibited transaction" rule, effectively prohibit pension in plan trustees from investing residential mortgages. My bill would remove that artificial barrier and make mortgage investment neither prohibited na a violation of the d wi. -- "i , Voice Concern Continued from page 1 u the demand for elaasroom space increases they will not be able to keep up with building needs. According to Caldwell, the School District's building fund is the only area where they will be hit He explained that the other monies they receive come from that collected by the State. Although the State will receive a little less because of the ceiling protecting the redevedlopment district the school districts still receive the same amounts. However, the building fund is different Caldwell said the money for this fund comes directly from the property taxes collected in this area. When the amount is frozen at the 1981 level, Caldwell said the district will feel the pinch. Caldwell also stressed the effects will depend on the increases in valuations over the next few years. The Superintendent added the fact their main concern with the entire proposal is the development area and not the redevelopment area. When you include the area around the cemetery as a blighted area, then it seems to be stretching the law somewhat, aaid Caldwell. He pointed out the provision was originally established to upgrade the blighted areas in cities. Superintendent Caldwell said the development areas are those which will include all the new families with children, children they are concerned about having room for. "Anything that affects education in Duchesne County we are concerned with, said Caldwell, and if it affects it negatively we will fight against it" Kay Trowbridge, board member, also had some concerns about the redevelopment district It will be another added trial on us," said Mrs. Trowbridge. "What they are doing is not all wrong. I do see their thinking and it certainly is not all bad. However, looking at just the schools, it will definitely put us in that ssNSOBft Sm fr.ri?t a .'V '. a squeeze." The public hearing lasted two hours, after which the City Council voted unanimously to establish the redevelopment district. However, a motion was and seconded, which makes an advisay board, comprised of business owners within the district, mandatoy. The board is to be established within 30 days from the Monday, December 28, meeting. Council plan Continued from page 1 benefit everyone. "The City has taken a very positive step, said Jones. "I feel they will be very successful, especially with the expected growth. I don't think the impact will be that great because the district probably won't do much fa several years. Chamber New School Continued from page 1 are attending and most being bused to, and if a middle school were constructed, it would create another campus. Also duplication of the junia high school doesn't make it likely. "Myton has shown interest in letting their sixth graders participate in a middle school," said Kay, and explained this would be one way of easing elementary populations from the Myton Elementary and even possible the Neola Elementary which is another school nearing capacity. Talk about converting Roosevelt Elementary back to a community school with grades kindergarten sixth again is also through fifth surfacing. Boundaries become the problem but transportation is eased. Kay pointed out that in a small town, boundary lines are hard to come up with to please everyone. Also some growth areas put more pressure on certain grades and guessing growth patterns is difficult. a "We have not, as yet, decided on anything, said Kay, but panted out the board wanted to hear input and discussion. "Ther are many areas of concern, desires and wants that have to be weighed and what we want is that which will offer the best education, she said. designs new logo The Roosevelt Chamber of Commerce has a new look! Well, at least their stationery has a new look. Since 1973, the symbol fa the Roosevelt Chamber has been a dinosaur, but that logo has given way to the new symbol. "We put the logo (the dinosaur) together because at the time we were participating in the Dinaland Travel Board, said Paula Bell, Roosevelt Chamber. She pointed out that Duchesne County is no longer paying money into the Travel Board, and they felt a new logo was in order. Along those lines, work began about one year ago to design a new logo fa Roosevelt. Because Roosevelt was named after Theodore Roosevelt, the Roosevelt Chamber decided to go with a logo which depicts the former U.S. president. "We wanted to get some identity in Roosevelt," said Paula, "and that's why we went with this design. We need our own image. It may be a step to gain some individuality. The Gardiner Advertising Agency, Salt Lake, waked with Paula on the project and did the art work fa the new logo. Paula said the Roosevelt Golf Course has also been given permission to use the logo. m e..mmn stwarr Now Storo Hours I o.m. to 7 p.m. money" Produce Lb. Potato Chips 1 3 Lb. IGA Shortening MM IGA Milk Canned, More Good Buys 13 oz. 2 Lb. Smuckers 32 oz. u I Coke, Sprite, 389' T? 47 Grape Jelly Geno's 'I Party Pizza 44 2 cup soft Rnrkay Margarine 74 pint, Meadow Gold Sour Cream price table Christmas Gifts and Decorations Check 1 74 722-968- 1 West Hwy. 40 110.00 Prr PrrsM Includes Set-up- Draft Beer, Party Makers s, Photo I.D. Required a a 10 oz. Clover Club ft vations now. Infinity Lounge The Veterans Administration is reminding former servicemen and women that VA burial benefits often can spare the family anxiety and financial hardship immediately after the veteran's death. Interment in a national cemetery is available to veterans discharged unda conditions other than dishonaable, said Elmer J. Smith, directa, Salt Lake City VA Regional Office. The eligible veteran's spouse and mina children, and, under cetain conditions, unmarried adult children, are eligible also. VA will furnish a headstone marker to memorialize a veteran mark the grave of a veteran buried in a national, state or private cemetery, he said. VA also will provide markers to eligible dependents interred in a national or state veterans' cemetery. Recent legislation broadened elegi-bilit- y for memaial headstones or markers. VA may provide those services to all veterans whose remains haven't been recovered or identified. This includes those who were buried at sea - whether by the veteran's own choice or otherwise - those whose bodies were donated to science, and those who were cremated and the ashes scattered without burying any portion of the ashes. The law also requires a memorial section be set aside in a national cemetery if one doesn't already exist and where land is available. Lois Ground Beef 4 oz. Kraft Caramels Come, join the fun. Make reser- benefits can spare anxiety You can't drive for less; shop at Shumways & "Pocket the gas 1 brates New Years ... but NOBODY celebrates like US! LAPOINT NEWS Lean 1 Everybody cele- VA wav PUCHESNEi UTAH .e're a J ' Lipton Onion Soup 100 Ct. Dixie 7 oz. Cold Cups 128 oz. Oorox 46 oz. Libby Tomato Juice. 6.5 No Name Tuna Scotts Toilet, 4 pak Tissue Rasmussen Mr. and Mrs. Cal Huber, Cedar City, have been visiting his parents, Mr. and Mrs. Darrell Huber. Cal has been going to school. Home fa the holidays at Mr. and Mrs. Elroy Walker's are their daughters and families, Will Kathleen and Wright, Glendale, Aroz.; and April and Roger Lund, Salt Lake. Mr. and Mrs. Gordon Winn, Salem, Ore., were at Mrs. Thelma Winn's visiting. Also Mr. and Mrs. Matthew Mansfield were there. Ray Lee is recuperating after surgery in the Vernal hospitaL He will soon come home. Vernon Esplin, a the University of Utah is home fa the holidays. Also Wayne Huber is here. Driving to Salt Lake Sunday were Mr. and Mrs. Kay Winn and son Tony, who went to pick up their grandson, Tony, who will spend a few days with them. Lois and Reid Rasmussen held an anniversary dinner Dec. 23 at their home. " i 4P UNI) li 1 i i' h n ii 'HO1 fttiBHUji i QMS r li . nr l. ..gill HD$i8)Q)UiQB(0t 4 IMH r UOP ' I" i 4 i B '"i ii i' f sn 1 44 74 j III I n i IBB 4D301& (JBBi 1 I iH" tariKGzaia&seirw ' Hi stu-dent- at 87 ti - i IUDQ8 MBflsin Mf nr (WASTE Moon 3 "LB- investments. Mortgage investment is an excellent source of stable, secure, long-terhigh-yielinvestment returns tor pension plan trustees; as such, it is as prudent as can be. Keeping pension plans out of the housing market deprives pensioners of excellent investment opportunities. Three requirements in my bill get a pension fund past its current restrictions and qualify it fa home mortgage investment: first, the investment must be authorized in the plan's document; second, the home mortgage security provided must be adequate; and third, the interest rate on the loans must be sufficient, as determined by a formula delineated in the bill. There is no question but that an expanded supply of mortgage funds will help offset current and future shortages of mortgage money. Pension funds' assets represent the largest investment capital in pool of long-terthe country, with over $600 billion in assets now and an estimated $1.3 trillion by 1985, and their introduction into the mortgage market will certainly help Americans buy homes. And the beauty of it is this: such a bolstering of the housing industry will cost the federal government, rather, the nation's taxpayers, absolutely nothing. burglary While things were basically quiet during the Christmas weekend, there was some activity early Saturday morning at the Star Palace Arcade. Acording to Jeff Stagg, Roosevelt Police Department, the Arcade was broken into between midnight and 8 a.m. Saturday morning. Stagg said it apears that whoever committed the burglary attempted to "jimmy" the back door. said the attempt was Stagg unsuccessful, so the person, persons iKI'D is not yet sure) entered the attic through two doors directly above the rear entrance. The Roosevelt detective said entrance was gained when a hole was knocked through the ceiling of the building. Detective Stagg saig between (400 and $500 was taken from machines in the building. Accading to Stagg, it appears that the coin doors on the machines were pried open with screwdrivers. Jeff said the burglary is still under investigation by the Roosevelt Police Department. . d Senator Orrin Hatch Allan, Uintah Basin Standard "prudent man" rule, which requires fund trustees to make prudent 4 Weather ':Ji 1981 lake Electric Association u w |