| OCR Text |
Show _ ,..' 1 ...M .,~ ' r-; ..." DtMitfIli1§[.~-· · ~· ' -r.:: ~;;'iti4MiFt#ft4aiijl@Jtx, ;: Monday, August 24, 1987 emp/~ fisez~ areas rhic areas experiencing 'c~J ll()mic di ~ t r~s. ;' ro posal, bei ng pushed ;. c p, Ray Neilsen ,\ ie w). and still in em" ~ t <lges, seeks to give job ~i t s of $750 per nonrural worker and $1,250 'briculmral worker to lers who bring jobs to the ,;cd enterprise zones. addition, businesses g such zones would be j corporate investment ! tax credits and corincome tax relief. ea~ with an unemployate of ·150- percent of the average .and with per income of 80 percent of te average would be eligidesignation as enterprise mder the proposal placed committee members last :sday. chad A. Wolfe, director Enterprise Zone Project lmond, Virginia, testified the group that enterprise existed in 23 states last Since that time, eight ;tates, in addition to the t of Columbia, have d on the bandwagon. terprise zones have exn theory since the early and in reality since the 9805, Wolfe said, noting ent Reagan promoted the '~ES page two __ reem;*"tat'Lit4'~ ;«§t'£ .: Salt Lake City, Utah . ~J,,~;:; ._-= ~- ;~t! ~ ,,: ±ijQt.'. :~""~ 75 Cents Pension firm to build $8.3 r~1iL!ion office/retail complex in PJiurray - ot'3 ?o ~o3b by Ray Friess Staff Writer A local pension investment company has received approval from Murray City officials to . proceed with development of an $8.3 million office and retail project in conjunction with an unnamed panner in the venture. Pension Equity Growth Trust Co., \-vhich has invested some $5 million in pension funds for companies, and its panner will be backing the project to be lo:ated at 5401 So. 900 E . It will bc! ude a mixture of offices, res:aurants an<;:l other retail outlets. Architect J. W. Robinson said the p roje..::t will include about 42.000 ' ~: lJ.re feet of offices broke~: t:p into eight buildings. About 2.000 square feet will contain restaurant operations a nd 21,000 square ..... ,;. , feet or more will be dedicated to retail operations. According to Robinson a large nationally known pharmaceutical product distnbution company will be occupying at AIM Mortgage sold to merLibers of management shuts down SL training ~ it to Weber State -'-- ~-, -.-'-'- , Sports Center Business Park, pension trusts equity. Construct.:on firms sell two-thirds interest by Teresa Browning-Hess Staff Writer Rindlesbach Construction and Sun wood Homes have sold their two-thirds ownership interest in Salt Lake's AIM r..,,10rtgage Inc. to members of existing management. Terms of ..., the transaction were not disclos- ed. Purchasers of the five-yearold concern include Brad Stone, former and current company president; Mark Strong, former Salt Lake branch manager and present vice president of production; and Narvell Latham, AIM's prior operations manager who has now been appointed vice president of that post. AIM Mortgage was founded by Stone and a partner in 1982. The firm specializes in FHA, V A and conventional residential first mortgages, and reported a 1986 loan volume of $60 million. Branch offices are 1 ..... ""' ......... ...1 ..... 1 n<'f'\ t:' 'l1fV\ <=" in least 7,000 square feet of the project. The company, he say~, is one of several nati :; \ [I <: ~ distribution concerns that will move in once the project is completed . . Robinson said [he proje.:r is unique in th~t rather than the occupants leasing the buildi n ~ ~ see ~!-'mns page four Un:an Pacific V'r'nrkers al/ege furlough policy df~criminatory by ~ '- tma Rattle Editor i r ty-t hree former eE ,', ')(·~S of Union Pacific R8 .. :· .· ·:~j Co. have filed a petiti o ' :. court seeking to obtain b e;.:: ::: > to which they claim the : :re emi!led as a result of a fl " _; iy ogram allegedly inSt: .- b:, the firm that is c!< " ;~, , un afoul of the In. ~ C or-merce Commission t e; ~, tha t railroad d ," :;.: protected from (,, ' effects of mergers _;;ir-!oyers. Ma : . : .~. :n g 1 ; . |
