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Show March 10, 1983 Basin NICKEL ADSfcEWSntlXT Page 5 Section BEFORE YOU VOTE YES FOR BOND AND BONDAGE NK! (San WE AFFORD over $40 million principal and interest? UR ECONOMY is bad. BANKRUPTCIES ARE setting an BUSINESSES ARE leaving our area. UNEMPLOYMENT HAS never been higher. People ARE MOVING from Vernal all-ti- me Business FAILURES are at an all record. time high. OlL FIELD DRILLING activities and work for oil field service companies has never been lower. In view of the present oil market there is little hope of any increased activity. Bf OUR PRESENT economy slump continues, who is going to be stuck with paying off this bond? (The taxpayers of Uintah County, thats who.) 1WE WOULD LIKE A new high school, but can we afford one? Look at the following figures: $17 million at .0966 interest adds up to $1,642,200 for each of the 20 years or a total of $32,844,000 plus the original bond of $1 7,000,000 or a total of $49,844,000 in 20 years. This is $6,828 a day, every day for the next 20 years. Why NOT TAKE one years interest and remodel our present high school? One years interest would give us a school at the present location which would take care of our needs from now on. (IDuR HIGH SCHOOL building was not built for a Junior High School. OuR JUNIOR HIGH SCHOOL was! not built for an elementary school. If WE NOW HAVE 850 students enrolled in the high school, we could go to a double session and take care of 1 ,700 students. Do WE WANT TO BUILD a new high school on swampy ground and have it sink and crack like the Naples School building has? OTE YES FOR THE expenditure of $49 million only if you can afford it in addition to the other things which have been built orare needed in our county. Some of these are: Water and sewer systems, new water treatment plant, new system for bringing water from Red Fleet Dam, new roads which are needed throughout the valley, the new Rest Home, costs we still owe on the hospital, new school buildings in Davis and LaPoint, increased property evaluations necessary to raise an additional $150 million this year as announced by our governor. This list does not include our present taxes and everything necessary to maintain a home and take care of a family. 1 HIS AD PAID FOR by the Citizens for Responsible Government. 1 |
