Show 1 r w N Jc r rI I 4 11 3 p w r 1 r. r r f p S J G r l f w. w r rr r e e r jI i c r. r 4 o v g w I r rv v I I I r rI rr I r 4 i J l il i i PASSING PUSSIES PAUSE TO PURR 1 z J 2 Million Site In Iii Layton For NCR W I I T It is expected that cont con- con t on a 2 million National Cash Register Co I lant to be built in Layton I vill ill begin late this summer trim u I THE NEW facility should begin egin operation in early 1973 The rhe employment level should each reach approximately by bythe tie the end of the year Purchase of the acres for or the site and construction construe construe- ion tion of the plant will be financed by a 21 million i industrial revenue bond is issued issued is- is sued ed by the Layton City THE NCR Co plans to to lease the building from the city ity for monthly payments which will repay the bona bond issue and provide the equivalent equivalent equiv equiv- alent lent alent of property taxes on the the plant i f At the end of the 20 year bond repayment the building building build- build ti ing g will be owned by Layton city ty and the lease payments rill will ill then be put into the general fund CONTRARY to the thinking thinking thinking think think- ing of some of the public the bond issue will have no effect on Layton's property tax levy or any part of oC its budget No city funds will willbe willbe be bel involved in plant construction construction construction con con- or site purchases The NCR Co plans to use the plant to produce paper office supplies and products for distribution throughout the Western area kp |