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Show Mtflo To Seek Grant eral purpose grants while 3.400.000 will be used as a revolving re-volving loan fund for new businesses to get established. GUIDELINES for distribution distribu-tion of funds through the Davis County Council of Governments Govern-ments (COG) will be (I) to assist low to moderate income families. (2) to improve social or environmental problems; and (3) to assist with disaster-related disaster-related projects. Money will he loaned and grants made under very strict stipulations, the council was advised. Interest rates on loans will be determined by a live-member committee of mayors and will range from no interest to five percent interest based on each project. Bountiful Bounti-ful Mayor Dean S. Stahle is a committee member. By (;akv k. hi.oix;ktt UOUNTIFUL - The Cil Council has agreed to make application ap-plication before the March 15 deadline for "Bountil'ul's share" of Community Development De-velopment Block Grunts totaling total-ing W0.0O0. COUNCILMAN Richard Sharp told the council thai "we should go for the 150.000 " for use in the city's downtown redevelopment project. Of the $850,000 allocated to Davis County by the U.S. Department De-partment of Housing and Urban Development (HUDl. $450,000 is earmarked for pen- |