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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Apr 07, 1972
Page
5
Hundreds of small Arizona employers become liable for unemployment tax in 1972 under federal and state amendments. Chief triggers include employing one or more persons in 20 weeks or paying $1,500 in wages per quarter. Those not yet registered must file payroll reports and taxes by May 1 to avoid penalties and interest.
Richard H. Walker named trust officer for First National Bank of Arizona at Scottsdale Fashion Square. Walker joined the bank in November 1971 in Phoenix, has worked with New York law firms, and is a member of the American, Orange County, and New York State Bar Associations.
A city council member, Herb Drinkwater, faced irate calls after a April Fool joke ran about a 17 story apartment project on Chaparral Road and dog control laws. The gag prompted a lawyer threat and manys discussions about the town's high rise phobia and local media humor.
The Arizona House rejected a bill to allow savings and loan associations to convert into savings banks by a 20 34 vote. The measure faced strong opposition from the State Banking Association over competitive effects on commercial banks. The House also approved a nonresident executor measure 32 25 and, 57 0, a consumer fraud division power boost for the Attorney General, returning to the Senate.
ATA President William Bresnahan tells the House subcommittee that cutting highway funding should be paired with a reduction or elimination of the special highway taxes on trucking and related users. He argues these taxes exist only to support the highway program and should end if the program ends or shrinks.
Front page notes a Friday edition dated April 7 1972 from Scottsdale with local news briefs and community updates highlighting municipal actions weather and upcoming events in the area.
The University of Arizona will host a Wage and Price Controls seminar on April 15 at Del Webb's Townehouse in Phoenix from 8:30 a.m. to 4:45 p.m. Attendees include attorneys CPAs and IRS Stabilization Division reps who will discuss avoiding triple damages tax issues disallowances and penalties. John Swenson and Julius Rubenstein are listed for more information.
Governor Williams announced a privately run experiment converting surplus cattle feedlot manure into a high protein animal supplement. GE executives Otto Klima and Dr. Arthur Bueche joined the plan, as Casa Grande hosts a plant built with Arizona Feeds. Initial focus on cattle waste expands to sawdust and other biodegradable wastes.
Sun Valley Pools owner Howard B. Stern announces a new 3,000 square foot Sun Valley retail outlet at Plaza Shopping Center near 32nd Street and Shea Boulevard. The store sells pools equipment toys art and patio furniture and includes a complete repair department and its own fiberglass filter produced under the Crystaleen label. Sun Valley Arizona's oldest pool company founded in 1953 opened its first outlet in 1957.
Swiss Village in Arizona near Fees on Highway 87 seeks investors with plans for a Swiss themed development. Suburban Developers, Inc outlines a home center offices a Swiss motEl expansion theatre restaurant and a large clock tower as focal point. Prices range from 4500 for chalet sites to 15000 for commercial plots with flexible terms.
George C. Martin of Louisville told the Price Commission that housing costs per square foot have risen less than the consumer price index. He cited FHA and Census data showing 3.19 percent yearly increase in home costs (1959–71) versus 3.35 percent CPI, and 3.98 percent (land included) versus 4.17 percent CPI since 1963. He urged monitoring lumber prices and noted labor and land cost trends.
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