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  • SOUTH SALT LAKE (Deseret News) — A corner of paradise tucked into the city's industrial west side could soon be paved over to make way for a Utah Transit Authority parking lot and repair center expansion.

    Workman Park, 2350 S. 910 West, lies between acres of paving and several factories and warehouses, one of which was recently purchased by UTA for a light-rail train repair station to serve three new lines under construction.

  •  Panel discusses Utah real estate market at "Word on the Street" meeting

  • (Deseret News) SUNSET — As the Sunset City Council grapples with declining sales-tax revenue, it is searching for ways to trim its budget for 2010 without losing service, cutting jobs or raising property taxes.

    It's a tricky proposition, says Sunset Mayor Dan Gotchy.

    "Every city is feeling the punch right now," he said.

    Already, the city's $2.23 million general fund budget for 2010 is $110,000 leaner than the current budget.

  • A settlement proposal aimed at ending a four-year dispute over a property trust once controlled by a polygamous sect gives most holdings back to the sect, sets aside land for former members to claim, outlines use of a cemetery, park and library and calls for a new fiduciary to manage the trust. Original Article

  • ST. GEORGE - Housing values appear to have stabilized somewhat throughout much of the nation, but those in St. George remain inflated, according to a recent report. The median single-family home in St. George was still overvalued by 25 percent in the first quarter of 2009 Ñ the sixth highest over-valuation in the country, according to a report released by IHS Global Insight, an international consulting firm. "Any time you have more supply than demand, the price is too high," said Lecia Langston, regional economist for the Department of Workforce Services. The median St.
  • New York » Huntsman Corp. lawyers told a Texas courtroom Monday that two European banks schemed with a private-equity company to scuttle a $6. Original Article

  • Extended Stay Hotels LLC filed for Chapter 11 bankruptcy protection on Monday, citing massive debt stemming from its 2007 acquisition by the Lightstone Group and a sharp drop in business travel due to the recession. Original Article

  • FLAGSTAFF, Ariz. — The federal government plans to spend up to $3 million a year to demolish and rebuild uranium-contaminated structures across the Navajo Nation where Cold War-era mining in Utah and elsewhere left a legacy of disease and death.

    The U.S. Environmental Protection Agency and its Navajo counterpart are focusing on homes, sheds and other buildings within a half-mile to a mile from a significant uranium mine or waste pile. They plan to assess 500 structures over five years and rebuild those that are too badly contaminated.

  • North Salt Lake » Dave Hill lost his job several months ago, yet the family is able to do just fine on his wife's teaching salary.

    That's because the Hills also are professional "home tenders," who contract with Salt Lake City-based Designer Home Tending. Folks such as the Hills pay on average only $600 per month to live in digs that often are luxurious -- in the Hills' case, a 7,000-square-foot home high atop the east bench in Davis County.

  • Cedar City » A deep aquifer, filled with prehistoric water that has filtered through a porous formation of Navajo sandstone, slumbers deep underground in southern Utah, waiting to be tapped.

    At least that is what a retired geology professor believes. E. Blair Maxfield wants a test well drilled to confirm or discredit his theory-- and state officials acknowledge he could be right -- about the uncharted aquifer that could extend east of Cedar City and north of Zion National Park.

  • Vernal » Utter the word "bust" around here and people shush you. Don't say it aloud, or it will happen.

    The energy economy, the source of much of the Uinta Basin's wealth and woes, looks wobbly now that the globe's financial collapse has caught up with eastern Utah. Drilling is down. Unemployment is up. Storefronts on Vernal's Main Street are starting to empty and so are motel rooms as oil and gas workers move away.

  • There have been further developments in the possible purchase of the former Utah Fun Dome property in Murray.

    The Murray Journal has learned that an investment group that hopes to open two private schools at the site of the former Fun Dome is under contract for purchase of the property. The group, called Trojan Family Pride, is in the midst of a contingency period for purchase of the property from Utah Buildings, LLC.

  • (Millcreek Journal) -- East Mill Creek resident Ron Johnson is worried his community is disappearing. As a founding member of the East Mill Creek Community Council (started in 1990) and a long-time, second-generation member of the East Mill Creek Lions Club, Johnson has watched the community he was raised in change over the years. Some of those changes have been good, but for Johnson, some have been bad.

  • (Millcreek Journal) -- Despite a tough economy and major budget cuts, Salt Lake County is following through on promised sidewalk projects throughout Millcreek Township. “We’re doing everything that we had scheduled at the end of 2008 and budgeted for 2009,” said Andrea Pullos, Salt Lake County transportation manager. “Next year, it could be a different story. We don’t know what kind of budget we’ll be allowed to build off of.” Construction has already been completed on the east side of 1300 East from Miller Street to Gunn Ave.

  • (Midvale Journal) -- The Midvale City Council approved a $30 million tentative budget for the 2010 fiscal year on May 5, down from the $41 million 2009 budget. Next year’s budget calls for a 6 percent increase in property taxes as well as a reduction of the city’s fund balance reserve to 8.5 percent to cover projected revenue shortfall.

    The proposed increase means a Midvale homeowner with a $200,000 home, who currently pays $213 to the city for property tax, would see an increase of $13.

  • (Midvale Journal) -- After two years, the State Street (US-89) TRAX Bridge has finally been completed.

    A double-span structure has replaced the historic single-span bridge, enabling the Utah Transit Authority to provide two-track service for TRAX trains. The new bridge was designed to reflect the art deco style of the old bridge.

  • Here's the advantage of having once owned a luxury motor home, one of those 40-foot behemoths with a huge turning radius: It's pretty much like driving a school bus! That's how perfectly things work out sometimes, even when you've lost the motor home and a $60 million fortune.
    Spend even an hour with John Benson, and you'll start to see the upside of the downturn.
    Benson once owned two multimillion-dollar homes, a boat, a dozen cars, 50 real estate holdings and that $250,000 motor home.
  • Corinne Aagard's been a happy credit card customer for a long time, so she was a bit dismayed to learn — while her...
  • Sen. Orrin Hatch, R-Utah, wants to ensure that financial company bailouts do not become a perpetual part of the federal government.

    So he introduced a bill Thursday with Sen. Blanche Lincoln, D-Ark., that would ban using money that is repaid to the Troubled Asset Relief Program from being put back into that program to bail out others.

    Instead, it would require that paid-back money be put into the general fund to help pay down the nation's debt.

  • A seminar for owners of manufactured homes will take place from 1:30 to 4:30 p.m. Saturday, June 13, at the Moab Public Library.

    The third of several statewide seminars is free and open to the public. It is being presented by the Utah Housing Coalition, Utah Manufactured Homeowners Action Group and Utah Resident Owned Communities.

  • HERRIMAN -- The groundbreaking for a $20 million recreation center in Herriman was today. Several representatives from various cities in the Herriman area were there including County Mayor Peter Corroon. The recreation center will include multiple amenities, including basketball courts, a dance studio and a drop-in day care area. Original Article

  • After taking a controversial plan to build on Library Square off the table, Salt Lake City leaders want the debate over where to put a proposed public-safety complex to continue throughout the month.

    Mayor Ralph Becker has announced a series of open houses and public hearings regarding the complex and the accompanying $125 million bond issue.

    Open houses: 4:30 to 6 p.m. weekdays through Thursday, June 18, First Floor Gallery of the Salt Lake City-County Building, 451 S. State.

  • SYRACUSE - A proposed property tax increase of about 40 percent has prompted discussions of how Syracuse can make up a roughly $600,000 gap between income and expenses by such measures as having mandatory furlough days.
  • OGDEN -- Tricia Fox has a home ideally located for getting around, right at the intersection of two major western Weber County byways: Midland Drive and 4000 South.
  • FARMINGTON -- The county has set the bond parameters for the construction of the Davis County Health Department building in Clearfield.
  • Salt Lake City residents could get two new libraries -- if they're willing to pony up about $20 more a year. The city's library system has asked the City Council to boost its property-tax take by $2. Original Article

  • Utah, which has seen a 115 percent increase in foreclosure-related filings over the past year, has the fifth-highest rate among all states, according to a report released Wednesday. Original Article

  • ST. GEORGE - As many companies struggle as a result of the ailing economy, dozens of Washington County businesses sought increasingly vital public exposure and networking opportunities at the St. George Area Chamber of Commerce Business Expo on Wednesday.
  • If Salt Lake were to develop a convention center hotel property in downtown, would it bring in more business? According to...
  • Richmond American Homes of Utah is under investigation by Hagens Berman Sobol Shapiro for claims that the company has agreements with Countrywide to inflate the appraisal value of Richmond American homes. According to homeowners, the company encouraged them to use Countrywide for home loan financing. Now Countrywide is allegedly refusing to discuss loan modifications with Richmond American Homes’ homeowners.
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