Show Application for P. P VA Funds for School Building Filed The funds funds' I complete application for fun i to build an school administration building in Cedar City ha has been been filed with the the Public Works Adsul by the Iron Count County School District There is little doubt but that the application ap ap- will be approved and It Is expected that a call for a bond election elec elec- election tion will be made In the near future The building would cost coot approximately mat ly 45 per cent of which would be a direct grant and 55 53 per percent lent cent of which must be paid back over overa a period of years at an Interest rate of 3 and 3 3 2 4 per cent This to be an opportunity op op- to get t a much needed building build build- ing at t very little cost and It Is 3 hoped that the bond electors will vil carry In order that the district can take ad- ad oo or the opportunity The building is needed right now i and in a very few ff years It will become become become be- be come a every very ut urgent gent and absolute ne ne- 1 With this need facing the district dis- dis j It seems that the logical thing to do is t to build while the cost will wUl be only about Instead of waitIng waiting wait wait- Ing say four or five years ones one's and paying paying 1 over for the same building I I I |