OCR Text |
Show Rank Building Question Debated At Meeting Here Arguments for and against the purchase of the Bank of American Fork building for use as a city hall were presented at a meeting of citizens and taxpayers with the city council, Friday afternoon. Mr. Julian Clawson of the Consolidated Con-solidated Holding company explain- I ed the purchase plan, whereby the I city could buy the building for $20,-000, $20,-000, to be financed by a 20-year bond issue. Revenues from the rent of the building would be sufficient to j virtually pay for the building, he contended. A number of local business men asked Mr. Clawson about various details of the plan, and voiced their views regarding the purchase of the building. Mayor O. DeVere Wootton said this week that the city council has not taken any action on the matter, but still has the proposal under con-1 con-1 sideration." I |