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Show 2119 NOM V GARFIELD COUNTY COMMISSION MEETING April 11, 2011 (by Becca Britt, Not official Minutes) all commissioners present As this was the meeting minimum acceptable bids. of the month, department The remainder will be sold heads gave informal reports. to public at another dateThe EMT class has gradu- watch for announcements. ated 16; the qualifying state BLM led discussion of test will be given in May. A creating Hogsback Rest grant for a new ambulance area. Some BLM funds has been approved, helping have been spent on design. to defray the cost for a fu- Question of funding, abilture purchase. The sheriff's ity to use funding for other department collection of projects, creating a rest warrant fees is being aided stop at another area, conby the automatic payment flict with the area business from Utah tax refunds. community. BLM stated Their computer system is that cars are pulling off being updated , providing the road at that area now; more inter-county access building a rest stop would for records. 911 upgrades make the are safer, with rest are being considered: cost rooms, and accessible paths vs. use frequency & ability & views. To allow time for to respond. fact finding, the issue was The county departments tabled until next meeting. with all furnishings & reAnasazi State Park records will start relocation to ported that funds for all the Arena May 9. Normal state parks have been drasbusiness will be shut down tically cut, some personnel for several days while this positions will be left untakes place; communication filled. Available summer lines are being installed. positions are undetermined. Excess furniture not being The visitor logs are lengthy, reused in the new building showing more European is being offered to other lo- visitors than Utahan visical government & service tors. Sale revenue in the gift agencies. The excess will shop is doing well. Report on the Boulder then be open for public purchase at the County "yard recycling project shows a sale" May 13 & 14-watch loss of revenue but not as for announcements. much as typically expected. Panguitch Lake Fire Households and businesses Dep't request for payment participating help defray for damages to their build- costs. Request was made to ing not covered by insur- have a compactor, metal & ance was approved. Their glass crushers made availrestored fire truck is close able so as to increase the to receiving certification return revenue of recycled and there is the possibility material. Recycled glass of receiving another for free can also be used in road refrom another Utah district surfacing materials. County surplus. will investigate equipment Vehicle bids were available. opened. Several were acSeven 1st place wincepted; some were below ning participates from the muff% • . 4. ispr...r--441 Find out what's yours at mine.utah.gov 4 The Utah State Treasurer's Office is trying to locate current and former Utah residents to help them claim money and other assets held in custody for them. • It's EASY ... it's FREE ... and it's YOURS' Ir Visit the Unclaimed Property Division website at mine.utah.gov to learn: 4 •What unclaimed property is and why some of it may be yours. •Why this is a legitimate state service with no fee to you. And remember to check back a few times each year. Property comes in all the time. 111 .0 # • NI, di. • Is this money yours? Find out at: MINE UTAH.GOV Stake your claim Utah completion completion of FCCLA made presentations of their service projects and requested financial assistance to attend the national competition. Approval for $250.00 each participant Sterling Brown from Utah Farm Bureau presented an annual legislative update. Key issues included immigrant labor, large animal veterinary education, wildlife management, horse population, water rights. The next meeting will be April 25, 10:00 AM, at the County Building, 55 So Main St, Panguitch. The agenda can be accessed at www.utah.gov/pmn on the previous Friday. ADVERTISE INSIDER Call 676=2621 to plierails. UNEQUAL BUSINESS ASSET DISTRIBUTION AMONG CHILDREN What if your business represents the majority of your estate, but you do not wish your business assets to be distributed equally among your children? There is an alternative to accomplish your objective. You can create additional liquid assets in your estate at the time of your death which could be used to equalize the assets of the children who are outside the business, with those assets of a child who will inherit your business. This strategy is accomplished through the use of life insurance held in a trust. The life insurance proceeds are first used to equalize the assets to the three children, and any additional funds can be utilized to pay any death settlement costs, estate taxes, or other expenses. Often the best vehicle to own and distribute the life insurance proceeds is an Irrevocable Life Insurance Trust, which would hold the insurance death benefits outside of the estate (free of estate tax). This strategy avoids potential family conflicts which might occur if business assets must be divided equally among the children or even sold to equalize the inheritance to the children. Either strategy could dilute your chosen child's ownership to the point where he or she could not function adequately as the majority leader of the business. Since most small businesses are not liquid and not easily marketed, a forced sale could be financially disastrous and foil your goal of having one child continue the business. The additional influx of liquidity from your Irrevocable Life Insurance Trust, at the exact time it will be needed, can accomplish your objectives. Jeffery J. McKenna is an attorney licensed in three states and serving clients in Utah, Nevada, and Arizona. He is a partner at the law firm of Barney, McKenna and Olmstead, with offices in St. Law Offices of Barney, McKenna & Olmstead, PC George and Mesquite. He is a founding member of the Wills, Trusts & Probate — Business Law & Bankruptcy Southern Utah Estate PlanReal Estate - Contracts — Commercial Litigation ning Council. If you have Family Law & Divorce — Select Personal Injury questions or topics that you Offices: would like addressed in BARNEY St. George, Utah these articles please email MCKENNA (435) 628-1711 him at jmckenna@barney.____ OLMSTEAD Mesquite, Nevada mckenna.com or call 435 (702) 346-3100 628-1711 FOUNDING PRINCIPLES - ENDURING LEGACY ShIPtiVa.e. • • eire-e • . • •-• • J sry • _ HE k • - • CM TM Wini! vt.OYA.t, tXPRESS "Here to Serve You" Your Vehicles & Toys Don't Get Caught with your A/C Not Working 389 N. Main Panguitch Utah 435-676-8300 Extended Hours: M-F: 8-6 & Sat 9-1 AUXICARE CORER AIC PERFORMANCE TEST - $69.99 plus Freon I I J LEOPOLD CONSERVATION AWARD SEEKS NOMINEES: UTAH FARMERS AND RANCHERS WHO EXEMPLIFY LAND STEWARDSHIP Dip, Snuff, Pouch, Loose-leaf, Plug and Twist. Mouth, Throat, Cheek, Gums, Lips and Tongue. CHEWING TOBACCO COMES IN MANY FORMS: SO DOES ORAL CANCER. Sand County Foundation, in partnership with the Utah Farm Bureau Federation, Utah Cattlemen's Association and Western Ag Credit, seeks nominations for the 2011 Leopold Conservation Award in Utah. The Award, which is cornprised of $10,000 and an Aldo Leopold crystal, recognizes Utah farmers and ranchers who demonstrate outstanding stewardship and sustainable management of natural resources. The Leopold Conservation Award is presented in honor of renowned conservationist and author Aldo Leopold who called for an ethical relationship between people and the land they own and manage. "Since 2007, the Leo- pold Conservation Award has recognized four outstanding agricultural families in Utah, but they aren't the only families in the state doing exceptional work for natural resources," said Brent Haglund, Sand County Foundation President. "We look forward to honoring more of these innovative farming and ranching families who are committed to the enhancement of Utah's landscape." The 2010 award recipient was the Tanner family of Della Ranches in Box Elder County. The Leopold Conservation Award will be presented at the Utah Farm Bureau's Convention in November in Layton. "We look forward to another year of great applicants for this award," said Leland Hogan, president of the Utah Farm Bureau Federation. "As some of the original environmentalists, farmers and ranchers in Utah take great care of the land under their stewardship. This great award is another way to recognize that effort." The Leopold Conservation Award in Utah is sponsored by the Lynde and Harry Bradley Foundation, Western AgCredit, NRCS, the Utah Farm Bureau Federation and Farm Credit. The nomination deadline is August 1, 2011. For more information, visit www.leopoldconservationaward.org, or contact Matt Hargreaves, 801-233-3003, matt.hargreaves@fbfs.com . |