| Show A 0 YOUNG SIG N S FOR BUILDING pi UT r L COUNTI HIGHWAY cefole starting Stir tins construction coun ly has to show chov it cin can furnish quota contract for the construction construct ioa of federal aid project no 19 extending 1256 miles between marsdale afar Mars vale and junction in pluto county was signed by A G young and company of richfield recently awarded the contract the contractor cont contractor racior furnished a strefy bond owing to some difficulty aris ing in the company obtaining its funds the work on the project however will not be begun right away nor will III the state road commis commission sion I 1 sign the contract until definite assurance is given by the county that the countes coun tys portion is available under the provisions of the cooperative agreement the state is to provide and the county this joint fund to be used as a revo revolting INIng fund for the construction work on the project the entire cost of the project is to be plus engineering costs ot this amount half is to be borne by the federal government and the remainder by the state and count county the state putt putting ingup up 3 for every 2 provided by the county the states participation in tile the project is made possible by reason of the fact that the road Is provided for in the present budget it is not definitely known whether all or only part of the countes coun tys porton of the cost was placed on deposit in the state bank of it is certain homeer ho lio weer that the countes coun tys portion of the revolving fund is tied up temporarily owing to tile the bank having been closed by order of seth piton state bank examiner recently thomas IN burt county clerk of plute to the commission that the entire amount of was tied up in the marysvale Marys vale bank but commissioner is of the opinion that this may be an unintentional misstatement and that not lot more than is tied up the remainder having been placed on oil deposit with a bank it at richfield his understanding is that the moneys in the banks are covered by bonds and should such be the case the money may be raised within a short time and road work be begun N C poulson chairman of the road commission has wired for definite information from the county commission advising them of the facts and urging that they send in ill tile the countes coun tys as soon as possible |
