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Show The Garfield County Insider Page 10 HELP WANTED reNTALS For Rent 1 bdrm apartment, utilities paid, cable and high speed internet, upstairs over the Art Gallery at 63 North Main, Panguitch, Utah, No smokers or pets. Not recommended for children. 435 690 9795 or 801 885 2870 Red Brick House For Rent Cute 3 Bedroom/2 Bath house for rent in Panguitch. Immediate occupancy. 676-8168 or 676-8060 Advertise in the Insider Call 676-2621 ACCEPTING APPLICATIONS Team Coach: Duties include working directly with students 13 – 17 years old. Must be a positive role model, interacting with students during evening and weekend recreational activities. All shifts available. Qualifications: Must be 21 years old, have a high school diploma, current driver’s license and able to pass a background check. Wage DOE. Interested individuals may send cover letter and resume to Lee Ann Fielding at 435-676-8482 or fax 435-676-8488 lfielding@ silveradoboysranch.com www.silveradoboysranch.com reAL ESTATE Restored Red Brick Home $131,000 Willing to give great deal on stylish red brick home. 3 bedroom, 1 bathroom (1408 sq. feet total). Original wood work, hard wood floors, high ceilings. Neat fireplace constructed from native Panguitch brick. Bathroom remodled tiled walls and floor. New roof, cement work, gas furnace, double paned windows. Recent appraisal. Hard to part with, but we have outgrown it! Call 435-676-8739 or 435-616-5060 Can You Benefit from Current Opportunity in Municipal Bonds? Article Provided by Brandon Henrie Finanicial Advisor for Edward Jones Investments. As the year winds down, you may find yourself reviewing your investment strategy to determine if you made the right moves in 2008 to help you achieve your financial goals. And one topic you may well focus on is tax-advantaged investing. Did you do all you could in this area? If not, you might want to consider a popular, but often misunderstood, investment: municipal bonds. And right now, these types of bonds may be more appealing than they’ve been in many years. Essentially, a municipal bond is a debt security issued by a state, municipality or county to finance its capital expenditures, such as bridges, highways or schools. The interest you receive from municipal bonds is exempt from federal taxes and from most state and local taxes, especially if you live in the state in which the bond is issued. Nonetheless, if you’re like many people, you might dismiss municipal bonds as conservative investments that usually offer lower yields than taxable Treasury or corporate bonds. (The yield is the return you will receive on your bond if you hold it until maturity.) But what you may not realize is that if you are in one of the upper tax brackets, the tax savings you receive from your municipal bonds may be enough to provide you with a higher yield than you’d get from a comparable Treasury or corporate bond. Furthermore, in recent months, we’ve seen something that rarely occurs: municipal bonds yielding as much as, or more than, Treasury bonds — even without taking the tax benefits into Save money on Energy Costs! Install Attic Cat Expanding Blown in Insulataion Replace old doors and windows Call Ken & Ren for a free estimate. (435) 676-8990 account. Why has this happened? For a variety of circumstances, the market has become somewhat “glutted” with municipal bonds; this oversupply has led to lower prices. And bond prices are inversely related to yields, so the drop in municipal bond prices has led to the higher yields. Thus far, we’ve seen that today’s municipal bonds feature tax advantages, low prices and relatively high yields. Yet like all investments, municipal bonds do carry some types of risk, including the following: Credit risk — During difficult economic times, municipalities may be strapped for cash and have trouble meeting their financial obligations — such as scheduled interest payments on their bonds. It’s a good idea to invest in a municipal bond whose issuer is considered highly creditworthy, as determined by the ratings it receives from an independent rating agency, such as Moody’s or Standard & Poor’s. Call risk — When market interest rates are falling, a municipality may want to buy back — or “call” – its bonds so that it can reissue new ones at the lower rates. Obviously, if your bond is called, your income stream will be disrupted. That’s why you may want to look for municipal bonds that offer call protection — a period of time during which the issuer cannot call the bond. One final note of caution: Some municipal bonds are subject to the alternative minimum tax (AMT), so, before investing in a muni, consult with your tax advisor. Once you understand these risks and take the steps we’ve suggested to address them, you may find that municipal bonds can play a valuable role in your portfolio, so give them some consideration. December 24, 2008 Garfield County is accepting applications for a deputy Court Clerk. The position is full-time with benefits. Applicants need basic office and computer skills. Some legal background is preferred, but not required. Applications are available at the Garfield County Clerk’s Office 55 South Main, Panguitch and will be accepted until 5 p.m., Monday, January 5, 2009. Garfield County reserves the right to accept or reject any or all applications. Garfield County is an equal opportunity employer. Published in The Garfield County Insider on DECEMBER 18, 24 & 31 2008. UPAXLP POSITION ANNOUNCEMENT Special Education Paraprofessional needed to work with special needs students in classroom setting as well as individual at Bryce Valley Elementary School, 25-30 hours per week, Monday- Friday. Position to begin Monday, January 5, 2008. SALARY: Salary based on 2008-2009 Garfield County School District Classified Salary Schedule. QUALIFICATIONS: Applicants must have at least a High School Diploma, two years college education preferred. May test. Must satisfactorily pass an employment background check. APPLICATION: Interested individuals should submit a Garfield County School District classified application. For file to be complete there should be a completed application, resume`, 3 current letters of recommendation, and a transcript. Questions: Principal Layne LeFevre or Kathy Shakespeare 679-8619 Please direct application packets to: Garfield County School District,Annie Eldredge, P.O. Box 398, Panguitch, Utah 84759, (435) 676-8821 Online application available www.garfield.k12.ut.us Applications will be screened and the most qualified candidates will be granted interviews. Garfield School District is an equal opportunity employer. Garfield School District reserves the right to accept or reject any or all applications. Job Announcement Garfield County School District is currently accepting applications for a Part-Time Ed. Net Facilitator/Library Aide at Panguitch High School. 18 hours per week. Salary based on 2008-2009 classified salary schedule. Need good technology skills, work well with adolescents. Must satisfactorily pass a pre-employment background check. Questions contact Principal Betty Ann Rember, 676-8805. Contact Annie Eldredge for application or www.garfield.k12.ut.us, employment, classified #1 and #2. Application deadline: 12:00 p.m., Tuesday, December 23, 2008 to Annie Eldredge at the Garfield School District Office, 145 East Center St., Panguitch. Include in application packet: classified application, 3 current letters of recommendation and a resume. Long Term Care has an opening for a part-time Nurse Assistant position 24 hours per week. Requisition # 60228 - apply at www.intermountainhealthcare.org Job will close when qualified applicant found. Sending Polite “Cannot Pay” Letters to Banks THE ELDERLAW FORUM ~ Professor Michael Myers Credit card banks should be more careful. They should be more responsible. They should not loan money to low-income seniors living on limited social security and having no attachable assets. They cannot, after all, extract blood from a turnip, nor can they extract $670 a month from a couple in their late-60s living on $1,320 a month. “We’re in a financial bind,” said a 67-year-old woman who called my senior legal helpline. “My husband quit working three years ago because of a disability and I was forced to retire two months ago. We owe $9,000 on one credit card and $6,200 on another. One company just increased its interest rate from 18 percent to 31 percent. We now have to pay $360 to one and $310 to the other.” “We can’t do it,” she lamented. “Should we take bankruptcy?” “You can,” I advised, “but first, what assets do you and your husband own?” They live in an apartment, own no real estate, and have no savings, stocks, bonds or other investments. “We just live month-to-month, particularly now with neither of us working,” she said. “Our combined monthly income is $1,320 from social security.” “Can they increase your interest rate whenever they want to?” she asked. “Just about,” I replied. Credit card banks can use the following as triggers to unilaterally increase rates: · Credit score gets worse. · Paying mortgage, car loan or other creditor late. · Going over credit limit. · Bouncing a payment check. · Too much debt. · Too much available credit. · Getting a new credit card. · Inquiring about a car loan or mortgage. I suggested she write respectful letters to both banks explaining their situation and offering to pay a settlement amount of, say, $2,000 to one and $1,500 to the other over a period of 30 months. Banks understand this couple can walk away from their loans because they have no attachable assets. Social security payments are exempt from judgment creditors. Credit card banks should be more responsible. Borrowers should be better informed |