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Show i- UINTAH BASIN STANDARD. July 1. 1992 Page 3 SUSSSF8 Accident in Altamont the real problem with our taxing; causes minor injuries because they know nearly nothing about values, and they change them at will. The experts at the Tax Commission dont know about the oil field. The newly implemented discounted cash flow taxingmethod is moat beneficial to deep wells, such as those in the Altamont-Bluebefield, Eckels states, since it takes into account the cost of producing the oil as well as the sale price. Oil companies have, in the past, considered inaccurate taxing just part of the cost id doing business. Counties and the state have been taxing illegally for years, Eckels claims. People who think there are a lot of escaped properties are likely to be disappointed, he cautions. Escaped properties can only be taxed ifthefliattaxrate is taken away and T h e equipment is itemized. oil market is losing value at 12 percent annually. Oil companies could, within legality, push the valuations even further down with documentation on hand. And the possibility of companies ultimately paying less taxes, not more, becomes more likely if sufficient companies feel threatened by the assessment Sckels, so The idea that there is a ot of escaped personal property in Duchesne Countys oil fields, is idiculous. treated and released. Garret W. Murphy 13, who was traveling with his father also received minor injuries and was treated and released at DCH. Glen Murphy received no apparent injuries, indicated Officer Reed. The accident is still under investigation and there are possible seat belt citations pending. By Anna Hanberg A collision in front ofStevensons store in Altamont last week involving two vehicles and a horse trailer resulted in minor injuries. According to UHP Officer Stan ll Bench, involved in the accident were a 1979 Chevrolet pick-u- p pulling a horse trailer, owned by Glen Murphy 45, of Roosevelt, and a 1983 Ford Ranger Pick-u- p owned by George Reay of Altamont but driven by Mandie Morris 16, of Bluebell. As indicated by investigating Nominees for judge Officer Carlos Reed, adverse weather conditions caused wet roads. Morris was driving east and prepared to turn into Stevensons. Because ofheavy rain and bad wind shield wipers, Morris was unable to see Murphy, who was traveling west bound. The two vehicles collided when Morris began to turn. OiTicer Reed reported that Morris was pushed back and spun to the left. Murphy had been traveling approximately 25 mph and Morris was driving 15 to 20 mph. Damage was done to both vehicles. Morris received minor injuries and was transported to Duchesne County Hospital where she was The Eighth Judicial District nominating commission has submitted three names to Governor Norman H. Bangerter for his consideration in replacing Judge Dennis L. Draney, who died April 24, 1992. The nominees are Clark B. of Allred, attorney-presideand Allred; John R. of attorney-partne- r Anderson, Beaslin and Anderson; Dennis L. Judd, Daggett County attorney. The nominating commission met nt at the Eighth District Court in Vernal Thursday, June 25, to screen 10 applications and conduct personal interviews. The nominating commission was pleased with the number and quality of applicants The governor has 30 days to make his selection and then the Utah Senate has another 45 days to confirm or reject the selection. The Eighth Judicial District includes Daggett, Duchesne and Uintah counties. "The idea that there is a lot of escaped personal property in Duchesne County's oil fields is ridiculous." -- Marc Eckels, Manager, HBP Inc. . Eckels has been extensively in- volved with the local taxing situation since the local effort for and passage of House Bill 110, which created incentives for the oil industry to continue operations in the Uintah Basin. He feels there is a good chance that a fair assessment will show the $66,500 flatratetobe a gross exaggeration of fair mar-- . ket value. "Die assessed valuation ofthese properties will have to be adjusted downward when the companies respond to the current effort, by demanding, as is their right, an itemised valuation in place of the flat raje," he declares. The Utah Constitution requires that property tax valuation bebased on fair market value, "Which has obviously not been the case with the flat rate assessments, Eckels pointed out His company appealed property tax assessments in 1989 and 90, winning both appeals. His appeals help to provide proof, he claims, that Tlat well rates don't reflect fair market value. Most personal property depredates with time, Eckels pointed out yet oil well properties are charged aflat rate that does not include any depreciation scales or adjust for depredation. State Tax Commission officials admitted to Eckels when he appealed his taxes that they "instituted the flat well rate system be- cause they didn't have the manpower to assess equipment and all the well properties throughout the state, he said. With his appeals, Eckels included market price charts for various oil well equipment, to illustrate the discrepancies between assessments and actual equipment values. The STC subsequently asked Eckels to prepare assessments on his own wells. The final tax figure he was asked to pay had nothing to do with his figures or theirs, he exclaimed. "When I tell people theStateTax Commission doesn't deal in good faith, Ive got good reason, Eckels declares. "Central assessment is process, he concluded. As indicated previously, county commissioners included the approval of Kemps contract on their Tuesday meeting agenda. His assessments will likely take several months to complete. . Publication helps people better understand credit related topics Many people will go miles out of their way to save two cents on a gallon of gas, but they wont hesitate to sign up for the first credit card offer that comes along. Thats not the time to stop shopping. The difference in credit card rates and features can be substantial. To help consumers better understand the credit cards and other credit related topics, the American Financial Services Association Consumer Credit Education Foundation, in cooperation with the UB. Department of Agriculture, has published How to be Credit Smart (Item 445Y, 50 cents). It will help you answer these questions: How much credit can you afford? How do you Bhop for a credit oard? A loan? What do credit bureaus do? What are the warning signs of debt problems? The booklet even has a Credit-Abilit- y Scorecard where you can test how well you handle your finances. How you plan to use your credit card determines which card is right for you. Its helpful to classify yourself as one of these three types of credit card users. The Identification User" generally uses the card for identification when cashing checks, making hotel reservations and renting cars. If you fit this description, you usually dont carfya charge balance from month to month, so the annual percentage rate (APR) charged is not the most important feature to you. More important would be the universal acceptance of the card and the annual fee. Annual fees on credit cards generally range from a low of $12 up to $25, with a few having no annual fee. The "Non Revolver" is the person who pays off the balance ii) full when due. If this definition fits you, the APR, again, isn't the most Post office open July 3 -- important feature. Instead, you Bhould give more attention to the allotted "grace" lly from 21 to 30 the time a bill is sent out and the time interest is charged on the balance. Be sure to note transaction fees, late charges, or charges if you go over your credit limit The "Revolving Credit User" is the person who doesn't pay off the monthly balance and carries a balance over from month to month. If this sounds more like you, the most important factor, then, is the APR. Credit card APRs can vary from 12 percent to 22 percent, with an average of about 19 percent Another important consideration for you to note is how interest is calculated. For example, are payments that you make during the month are deducted when figuring the average daily balance? Cards also vary by the minimum monthly payment required, which is often calculated as a percentage of the outstanding balance. To learn more about credit and the credit process, including how to shop for a loan, send for a copy of How to be Credit Smart (Item 445Y, 50 cents). When you write, youll also receive a free copy of the By Mindy Duncan period-usua- be The Roosevelt Post open for business July 3 from 8:30 AM to 1:00 PM, but there will be no regular mail delivery unless it is requested. On July 4, the post office will be dosed and there will be no regular mail delivery. However, Express Mail will be delivered both days. According to Roosevelt Postmaster Ray McQuivey, customers who want regular mail delivered July 3 can call the post office. Customers can also pick up their mail, and McQuivey suggests they call the post office before doing so. Many businesses, plus most state and federal agencies, are also closing offices on July 3, said McQuivey. Many people will be involved in holiday activities. We will be keeping post offices open an July 3, but delivering mail only upon request lets us provide service for those who need it It lets employees who can be spared use a day of their own vacation time to be with their families. And, it enables us to be cost effective, which is also important, stated Office will . Can Eat $9S) Kids 12 and under eat for 112 Price injuries, etc., and that a certificate of insurance must be furnished by The Duchesne County Court bidders. Bidders were also responsible ruled in favor of Duchesne County Commissioners and Dee Roberts for all licensing, permits, etc. to over J.RJ. Trucking of Duchesne, operate their equipment They must due to a bidding procedure which have and show proof of their autook place last April 1992. thority to haul. Maintenance of Plaintiff J.RJ. Service, Inc., equipment would also be the reclaimed that both they and Dee sponsibility of the bidder. Drivers would also be provided Roberts Trucking; Inc. had subinfor by the bidders. The driver must be stantially equal reputation licensed and wages, benefits, and comand Both performance. tegrity injuries would be paid by panies also had sufficient insurance to meet the requirements of the bidder. Duchesne County Road the bidding ofTer. Department was given authority to The Duchesne County Commisinstruct daily activities of hauling, sioners had presented an invitadumping; and location of daily work tion to all bidders to provide trucks site. with operators to Duchesne County When the bids were opened by for the hauling of tar sands, gravel the County on April 14, 1992, JRJ or other materials throughout presented the lowest bid. The Duchesne County. The rules for the County declined to award the conbidding process were reportedly tract to JRJ for reasons unknown followed. and adjourned the proceeding to There was a limit of up to eight April 21, 1992. On April 21, it was trucks maximum, with a minimum announced that Dee Roberts Truckof 12,000 tons of tar sands to be ing Inc. was awarded the contract hauled and distributed among the JRJ stated that there was no successful bidders. explanation as to why the award According to the Duchesne had been declined than and claimed the action of the County in awardCounty Road Department, the lowest bid would be accepted, "If in the ing the contract to Roberts instead best interest of the County. of JRJ was arbitrary and violated Duchesne County reserved the right the legal bidding requirements set to reject any or all bids or to accept aside. JRJ believed the contract a bid other than the low bid. should have been awarded to them. Bids would be awarded accordAccording to JRJ, they suffered ing to the Board of Commissioners. damages in the form of wasted bidDuchesne County would pay for ding costs. Had JRJ won the contonnage hauled per mile or by an tract, lost profits would have been hourly rate on short hauls under 50 earned. miles round trip. JRJ also claimed that Roberts Requirements for all bidders should be required, as a matter of included responsibility and proof of equity, to disgorge to JRJ all profits insurance as needed, such as earned by Roberts in connection Workmans Compensation, State with performing the unlawful contract with the County with a maxiIndustrial, Equipment Insurance, Liability Insurance, etc. It was made mum of JRJs lost profits based on clear that Duchesne County would its bid. not be responsible for accidents, Hie Court ruled that JRJ did not 4.99 Consumer Information Catalog. The Consumer Information Center of the US. General Services Administration revises and publishes the catalog quarterly, so you know its Its pages list more than Federal 200 free and publications on a wide variety of subjects. Tie free Consumer Information Catalog can be ordered by calling 0 (719) anytime. Man.-S- n. 1 1 HO m. to 4 p.m. e Coupon Expires August 7, 1992 m other offer) 948-400- 1 Vf o i'uslltii t piggt - 5fut. ROOSEVELT mw THEATRE - i ti'w'wiw'wi w' 1,!l One Show Sunday 7:30 RUNS thru July 9th BATMAN RETURNS ftAlWaiRUR PG-131-3- I "Ml MIMI vnsi Jg OFTHEmMH IPGiOl - Kcxjmtcmwita.j a VS? with Tom Hanks, Geena Davis and Madonna 7:20 and 9:30 p.m. kNi Mit STARTS Fri. July 3rd m '3KW PCalllbUFree, 1800427-8679- , WM- - V or.722-513- 1 7:30 p.m. One Showing Only No Show on Sunday WHERE GOOD GARDENS BEGIN 295 North First Wsst Roossvslt. Utah Larg io gAL WE WILL BE FLOWERING CRAB TREES $20 OFF two only CLOSED JULY 4TH MMEAWI Fri. & Sat. July 3 4th "Aces" YOU CAN SAVE SIX DOLLARS HALF PRICE "Iron Eagles III" on a nice large on all vegetable and flower plants PURPLE LEAF PLUM BUSH cell packs. $8.95 each AND while they last "Patroit kiadi Games" EdRsnutcij's High Valley Notes Arizona cowboy. Ed Coughran was a he was never too busy to smile, and talk to young boys. Or to remember our freedom. The men from surrounding ranches gathered at his big pasture for a celebration. Caff roping, bronc riding and racing made the cowboy-styl- e pasture a sea of dust Then the ladies spread a feast under the cottonwoods by the creek. That was my favorite part of the celebration. Except for the fireworks. But let's never forget that the Fourth of July means more than fireworks, feasting and fun. Much more. C 1992 Ed Rowley hard-worki- But 1 bidder as he failed to provide certificate of insurance and did not have permanent approval from Public Service Commission. low-co- In IMUMM vilid an fatttnd iter only 1 1 30 UB.-- 1 :00 pm. Mon.-Fr- i. One Coupon per ptrty per vimL N valid in oambinilioa with my trim Pini llui offer ar diecaiaL 4ol food on 1 UINTAH BASIN STANDARD teiw'vA'- Personal Pan Pepperoni Pizzas & 2 Salad Bars Offer vtlid have standing, was not a bona fide By Anna Hanberg SALE CONTINUES Lunch Meal Deal 2 Court rules in favor of county on bidding BEDDING PLANTS HUT COUPON only two-vehic- le days-betw- een McQuivey. AIl You ALTAMONT ACCIDENT--Thi- s pickup will require a trip to the shop before the owner, George accident in Reay of Altamont, can drive it again. The truck was involved in a Altamont last week. No serious injuries occurred. OPEN AT 8:15 Show Starts at 9:00 p.m. Children under 6 Free (Drive in Only) |