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Show Last Installment 'i; Of Lambert Report tW No,e! - - ,., - ,s (hi' M''VlUl il Uli Ll of aiiu-W's about a ,.l'i,l.itb ptojliain tor On : ; pr- v C . Kuvt,,rt H jiw IVi'-utnuMH ot rMuo.i ' ' ..',1 vtii.mis.ir.it um at hrlj;- '';'.'' Youm: InlviMNlly. Tlu h .s ooiuUu-toa at th re- v il I'1'' l'-lr'' ' 'luoation. tvaril ot r.lui'.ition has . r, aouon on Pr l.amtvrt's ...tS4lS. TV gomiuW Histoiy ri Th Diitnct .1S jistru-t has a il.'.ir s!au - -h w huh to b.m a ivmlun ." ,.V;., of current t.ivition ana s-'-il tviuK tor itireo roasons: It h.s ltijuiaatt-a all of Its v tstanami: boiuls. owopt $10.- 'yV wtuori amount it has ;il-; ;il-; vi'jv lovuvt for sutfu'iont rov- . oiiuo to luiul.l.il.' n nhiu t,v. oomin: is.-.d soar. iM Tin ills-nut ills-nut has alioaily b.un tho oioation ot a buiUlm;; rosorvo tuna through l.val lavuion, ana it now has $;i;iHH) in that '' Tho ,liMtu'fs nvoril of ivtiiin.- its pivvious boiuls is a ;;.xl lo.oia, as tho faots In T.ihlo K.' show. 'l'Ktnnin at )2 tu. is-I is-I riot haa SLVS.iHX) in bonas out-statulm. out-statulm. H maao iviU-mptum pa moms on thoso boiuls rather ov.nsistontlv ilurinn the years I'.'-.- to it then aef'errea payments during the early depression de-pression y ears vx2-VXX ' but made substantial pavments as the trough o( the iloprossion was passed, and It then made! eonsistent and continuous payments pay-ments on the principal each car thereafter. It kept Its required re-quired interest panu-nts up every year. '' TaMe S3 BONDS REDEEMED AND BOND INTEREST PAID BY NORTH SANPETE SCHOOL DISTRICT SINCE 1925 ip.iM from Ledgers of the I'lcik of the Hoard of Kducationt Tt. Ending Bond Int. Cumulative Bonds Cumulative Bonds juM 30 Pald Interest Redeemed Bonds Out Paid Redeemed Standing -T.-M.X1 l.iS tVSl ll.lXV V.iS (XXI HllXX) " WT tv57M LvS.-hv; LT l.tXXt IST.tVXi 20(KX) - r, ijp tvViV i;?7.7(VS 7. ll.tXX) lStUXXl -v 000 . 1.770.00 137 I.M75 11.000 175.000 33000 v - :VAHX1 1 ;t:.; 75 ll.tXXl lbUXX) 11 (XXI 'iij :sunxi 73 n.txxi i53.txx 55 txx) ii; 3.:WtX) l.V..V)7o ll.iXXl HtXX) tv.txxi Wl 33X l.X; :: 75 lO.iXX) LU.lXXl Tt'oOO 4.4p7 S) l.v.;XV. 12 IOaXXI l.M.iXX) S7 (XX) 5.iX-xl 11S -J-.iJ oj LUXXl lll.tXX) 97 (XX) Lc.- 5.x!7..x) lU.-i.V 12 lO.iXX) '."SaXXI 110 (XXI -,v "..vT 5.T75 00 107.A'S.:. SS.lXX) 110.(XX) 6.S75 0O 10.M.5;J 20. (XX) SS.lXX) 120. (XX) , :S3 - 6 S75.0i) 9o.2 lS;iJ l"vS.(XX) 120(X) . 6.S75iX) SS.;i73;2 t.lXX) 12i).(XX) :-:- -Ji3 6.S75aX1 S1.4;2 02 t"vS.(XX) 120 000 - 7.379 17 74.(V2.!'.'2 10.000 CS.lXXl 140.000 . " -jji S.5O0.1X1 b7.214 25 20.1XX) SS.lXX) 150.1XX) 9.000 iX) 5S.74 1 75 2).lXX) 3S.IXX1 170 000 -.- i:-3 9.W4.57 4;.7i 1 75 3,iXX) 1S.IXX1 190.O.X) r 9.to0 00 -10.UXHX) 15.1XX1 193.000 "j-- 9.650 00 30.450 iV 15.1XX) 193.0X) 1 'T5 10.4'HX) 20.SOiX) 15.CXX1 15.1XX) 193,0 '-23 10.400.lX) 10 400 00 20S.000 -; 'Fm Ju'.v 1 to Nov. 14. 1947 - Tie Interest Cost ": - Ci Long-Term Bonds "As a comment en the ox---: psr.se of bonding, it is import -i.".! to r.o!e that this district in ieer.:r:s S19S.00O of bonds ; t;m 1?25 to 1947. also paid a arr.ocr.t of $'3SlSl in in- ti.-es: on those bonds during - rhe sarr.e period of years. In -V ether words, this district paid -. r;:e than 70 per cent as much ' interest alor.e as it paid on he principal. During about ie sarr.e period of years another anoth-er Utah district paid in interest cr. its building bonds an amount ::r interest that was 97 per rett: as great as the principal cert, ar.d this amount paid in L-.te.-est uas large enough to have provided that district with very ore of the several large school buildr.gs that it row u.-jer.tiy r.eetis. The Outlays For Buildings ; v And Sites in Recent Years "As is shown in Table Sb. the outlays for buildings and sites that have been made in this j... district in recent years have been very' modest. Th Specific Financing Schedule "Any specific schedules of re-quired re-quired dollar outlays for build-ir?s build-ir?s in the district and any -- -.-ecific schedules of payments J to be made at given dates and I t given rates must necessarily J wait until the Board has made decisions upon major matters of school reorganization and the ocation and general type of school plants that it Is' ready to accept as proper to serve the new educational organization. Table 8$ Kent Extensions In North San-Pete San-Pete School District In Recent . Tears ) ' During 1946-47 . Fairview addition S 700 i-oroni addition 2,700 Pleasant Sitts & addi. . . school sites 1,900 ?unng 1945-46 Fainiew Jr. Hi. Shop new SI. 600 ;airview Garage new 2,461 5"om Cannery new 251 2ngl944-45 Kairv iew Jr. Hi. Sites $1,000 Kairview Jr. Hi. additions to Building 2,301 Moroni High School addi. 1.200 During 1943-44 Moroni High School Sites S 31 Moroni Klem. Addition 521 "When the Board make Its nicessary divisions on school organization and on the general type, number, and location of the required school plants, general gen-eral estimates of the cost of the required buildings can then be made. and the appropriate schedules can then be made. The Probable Costs Of School Buildings 'Prediction of school building build-ing costs is a very hazardous venture at this time, as school boards and others generally well know. "In general, this district should begin to think of a million and a half dollars to two million dollars as the probable cost of the building program that" Is really need.d in the district and that is ahead of it in the coming years, not too far removed. re-moved. A more specific total of cost cannot be made until the Board makes a series of decisions decis-ions upon school organization. rV.e alternative choices of which have been set forth in Chapter IV. "Actual school buildings of about type A construction that are being erected in certain places in I'lah at this present time. January, 1948, are costing from S10.50 to S12.50 per square foot, and 15 thousand to 18 thousand dollars and more per classroom. These costs are about two and one-half to three times the costs of somewhat comparable compar-able construction of five or six vears ago. State Aid For School Buildings "The safest basis for this district dis-trict to work on in its general plans for financing its building program in that state revenues for local bulding programs will come very slowly. However, it is certain that proposals will be .' made to the next Utah Legisla- ture for the lniuie.uratlon of some form of material llnimctal aid to the wvuk districts for its-'stance its-'stance In financing critically needed school buildings. Movements Move-ments are already under way to bring these problems before the citlons of the state and to lay certain groundwork for future legislative proposals." her sewing club Monday evening. eve-ning. Dinner was served to Mis. Clista Peterson, Mrs. Winnie Win-nie R.ismusM-n, Mis. Anna Jen-sTi, Jen-sTi, Mrs. Ellis Madsen, Mrs. Eda Anderson, Mrs. Poina Tucker, Mrs. Emma Evans, Mrs. Selma Sanderson, Mrs. Elsie Christen-sen, Christen-sen, Mrs. Mary Coons, Mrs. Nel-i Nel-i lit McAllister, Mrs. Gladys Anderson, An-derson, and the special guests, Mrs. G'nda Staker, Mt. Pleasant, Pleas-ant, Mrs. Lucille Madsen and Mrs. Sarah Rigby. |