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  • Odd Fellows Hall might be moved this week. Restaurateur John Williams, who owns three businesses close to the 118-year-old building on Market Street, said contractors and city officials have alerted nearby merchants that the move could close the street to traffic on Wednesday.

    Original Article

  • HURRICANE - City Manager Clark Fawcett said Giving Vanguard Golf Management Group the management of Hurricane city-owned Sky Mountain Golf Course without the benefit of a "request for proposal" - an enhanced bid process - may have been a mistake. But he doesn't believe the outcome would have been different if the process had been changed.

  • Sandy has an offer for prospective homeowners: Buy a new house in Sandy and get $5,000. The southern Salt Lake Valley suburb of 97,000 people is rolling out an "Own in Sandy" campaign to spark home sales and new construction.

    Original Article

  • CLINTON  (Salt Lake Tribune) » Step inside this massive Wal-Mart Supercenter in northern Davis County and you'll see some fairly dramatic changes for a retailer known for its cavernous and often cluttered stores.

  • LAYTON (Deseret News) — It's been years since John Sill first heard that the south Layton freeway interchange could take his restaurant.

    But once the Utah Department of Transportation gave him notice he would need to vacate the property on the south end of Main Street where his family has owned land for 150 years, he got moving.

    Sill, the owner of Sill's Cafe, has found a new location to move the local eatery where he worked as a boy.

    Sill's Cafe will have a new home starting in November at 374 E. Gentile St., across the parking lot from Burger Stop.

  • (Deseret News) West Valley City has finalized an agreement for the development of an international marketplace by agreeing that shops in the project be dedicated to specific geographic regions or ethnicities.

    The agreement with Ascent Construction comes after a summer of wrangling over the mix of shops in the planned project, which would connect 3500 South to the Jordan River east of Redwood Road and near the Utah Cultural Celebration Center.

  • (Salt Lake Tribune) Four Utah movie theaters, all part of the locally owned Red Carpet Cinemas chain, have closed for business.

    The theaters -- the 5 Star Cinemas in Magna, the six-screen Showcase Cinemas in Taylorsville, the Gateway 8 in Bountiful, and the Spanish 8 in Spanish Fork -- had a combined 27 screens, playing first-run and discount movies.

    Red Carpet's company, JL Theatres Corp., recently defaulted on a bank loan. The bank sold JL's assets to M3B Partners LLC, a group of investors with Utah ties.

  • Herriman (Salt Lake Tribune) » At one time, these quarter-acre lots in a quiet neighborhood with a community pool and playground were a home buyer's dream.

    Now the nearly five acres of dry weeds are a banker's nightmare.

    They are among nearly 6,000 vacant single-family lots in Salt Lake County that are not being built on despite the fact many have the improvements such as roads, utilities and sidewalks needed to erect a home tomorrow. There are another 12,000 or so in Utah and Davis counties.

  • Washington » The wounded U.S. economy has shown signs of improvement in recent weeks. But many economists, who were caught off guard by the brutality of the downturn, are accentuating the negative, bracing for head winds that could cause the recovery to be weak.

    Original Article

  • ST. GEORGE - With no fanfare, the Washington County Water District employees moved into the district's new office building the first of May.

  • It will be spectacle today as long-time residents gather for a glimpse of history crumbling into rubble. Perhaps even cameras and camcorders will document the event as Southern Utah University razes the 9,491 square-foot life science building to prepare for the construction of the 42,385-square-foot Walter M. Gibson Science Center.

  • LAYTON -- A road once dotted with fruit stands is now marked by construction and development.
  • (The Enterprise) The Villas at Harmony Place, a 145-home development in Layton, is awaiting approval from the Layton City Council. The 44-acre housing development will be located at 475 South and 220 West. The property is owned by Perry Homes, The Adams Co. and Bob Stevenson, former city councilman. Plans to construct an LDS Church on 3.5 acres were approved earlier by the Layton City Council. Construction could begin as early as this fall with 62 of the 145 planned homes. The homes will range in size from 2,600 to 3,600 square feet and start around $200,000.

  • (The Enterprise) FlSmidth will be the first tenant in Midvale’s 90-acre View72 Corporate Center, Utah’s largest Class A office park. The Danish equipment supplier will occupy a three-story, 120,000-square-foot office building and 55,000-square-foot laboratory once it is completed next summer. The building will be LEED certified and will be built on approximately 10 acres at 7200 South along the Jordan River. The company will move its 400 employees into the building once it is completed.
    Gardner Co.
  • ELK RIDGE (Deseret News) — Property taxes are going up in this hillside community, but just 12 people showed up at Tuesday's Elk Ridge City Council meeting to discuss it.

    The new tax rate approved by the City Council will add an average of $40 a year to residents' property-tax burdens and generate an additional $26,000 a year for the city.

    With the tax increase, retroactive to July 1, the city will collect about $260,000 from property taxes.

    The property-tax increase passed by a 3-2 vote, with councilmen Sean Roylance and Derrick Johnson dissenting.

  • (Salt Lake Tribune) If your family needs a home, there probably hasn't been a better time in the past five years to make a move, according to one of the state's most prominent economists.

    Though others caution that the deteriorating housing market might not have reached bottom, low mortgage rates and a rollback in home prices to near-2004 levels provide ample incentives, said Wells Fargo & Co. economist Kelly Matthews.

  • Utah's America First Credit Union, in a deal arranged by federal regulators, has taken over the assets and most of the liabilities of Las Vegas-based Community One Federal Credit Union.

    Original Article

  • South Salt Lake » City Council chambers in this industrial burg hosted "political theater" Wednesday night as city leaders agreed to sell a park near the Jordan River Parkway.

    Original Article

  • CEDAR CITY - The Iron County Board of Realtors donated $10,000 to the Iron County Care and Share Wednesday to help with construction of new facilities for the nonprofit organization.

  • Actual job losses in Utah since the credit crisis began last fall are far greater than official estimates, bolstering a view that Utah is enduring the worst recession since the state began keeping records.

    Original Article

  • (The Daily Herald) Orem High's local rivals have one year to come up with a new heckle for the school's big games. The current mantra -- "You're still ghetto" -- will no longer fly when the rebuilt, state-of-the-art home of the Tigers debuts in August 2010.

    Residents may not be able to picture what the new school will look like, as construction is only passing the half-way mark, but Joel Perkins, vice principal in charge of construction, says it is going to be a great facility.

  • AMERICAN FORK (The Daily Herald) -- A school board vote Tuesday evening decided the fate of a business park in north Lehi.

    Alpine School District board members unanimously approved a 15-percent tax incentive, $2.63 million, for a Thanksgiving Park economic development authority (EDA). ASD assistant superintendent over facilities Rob Smith said the district had the greatest potential to gain revenue from the project in property taxes.

  • (The Park Record) Some South Summit residents do not see anything attractive about a proposal to build 85 houses on 230 acres on Democrat Alley west of Kamas.

    "It's such a big project and every time we've had a public hearing we get lots of public comment," Summit County planner Jennifer Strader said of what is being called Indian Hollow. "It's 85 lots, which they haven't seen before in eastern Summit County."

    Citizens say the subdivision would detract from the agriculture lifestyle of the Kamas Valley, which is about 15 miles east of Park City.

  • (The Park Record) While real estate experts insist the bottom of the market is near, if not already past, the mid-year report from the Park City Board of Realtors shows sales were off through the first six months of 2009.

    The Report

    The board reported Friday that total real estate transactions in the greater Park City area, which includes Summit and Wasatch counties, totaled $317 million in the first six months of 2009, down about 50 percent in total sales compared to the same period in 2008.

  • SYRACUSE (Deseret News) — Agreeing with the 100 percent opposition that surfaced during a public hearing, the Syracuse City Council voted down a proposed 20 percent property-tax increase Tuesday night.

    The tax increase was designed to put $304,660 into the city's reserves, which currently only carry the state-mandated minimum balance of 5 percent of the city's general fund, or $290,000, said Syracuse finance director, LaMar Holt.

    The average home in Syracuse valued at $258,000 will be charged $228.88 per year instead of $274.71 per year with a tax increase.

  • SUNSET (Deseret News) — The Sunset city budget has $44,000 more now, following a tax increase approved Tuesday evening.

    The City Council approved the measure 4-1, with Councilwoman Cheryl Budge casting the dissenting vote.

    Councilman Ricky Carlson told residents it was a hard decision to even propose a tax increase in a slumping economy.

  • (Salt Lake Tribune) Shares of Zions Bancorp, the Utah-based lender that operates in 10 Western states, fell 8 percent Tuesday after the bank said its income probably will not cover interest and dividend payments for 2009, and will have to dip into cash reserves to do so.

    Zions fell the most of any company in the KBW Bank Index on a day financial stocks were lower on pessimistic outlooks for financial institutions from some analysts. Zions helped lead a 4.4 percent drop in the 24-member KBW index, though it has substantially outperformed the index in recent months.

  • Riverton -- Some were thankful, others resigned to the inevitable. But few of the 500 patrons at Tuesday's Jordan Board of Education meeting were surprised by the board's unanimous decision to raise property taxes 20 percent.

    Original Article

  • Citigroup Inc. said Tuesday it approved $6 billion in new lending initiatives during the second quarter as part of its programs supported by government bailout funds.

    Original Article

  • (Utah Pulse) Grant S. Whitaker takes a long view of affordable housing in Utah. As an employee of the Utah Housing Corporation (UHC) for the past 30 years, Whitaker, now president and chief executive officer of the state's housing finance agency (HFA), has seen many changes in the economy. And though he admits that the recent economic downturn is worse than the ones he has seen in the past, Whitaker is optimistic that the Low-Income Housing Tax Credit (LIHTC) program will survive.

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