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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
May 06, 1972
Page
3
A federally supported apartment complex for the elderly named Hacienda de Los Arcos will be built in Scottsdale next to Los Arcos United Methodist Church. Groundbreaking is Sunday at 4 30 p m on the site 7555 East Culver Street. The project totals 1 9 million dollars and 121 units with rents set below market rates through the FHA Section 236 program.
Real estate financing faces new flexible loan concepts from the Federal Home Loan Bank Board. Escalating and declining payment plans target young families and income earners. A 30 year maturity with a 10 year payoff allows balloon payments or refinanced terms to keep rates manageable. Mobile homes may be taxed as real property in some counties.
Ground has been broken for an 80acre 967-space mobile home community at 8780 East Mc Kellips Rd. Sanford Spielman of Spielman-Fond Inc announces the start of construction with U S Financial of San Diego as co developer. Shadow Mountain Village will include six acres of recreational facilities and two 13 600 square foot recreation buildings on leased reservation land with Bureau of Indian Affairs and tribal council approval.
Maricopa County Planning and Zoning Commission approved a 69 acre subdivision called Carefree Hills five miles northeast of Carefree near the Tonto National Forest. Developer Frank Hurwich plans 52 single family lots averaging 44 500 square feet each.
McCulloch Properties seeks to rezone 1142 acres in Fountain Hills with a Zoning Commission hearing set for May 18. The plan would convert most of the Rural 43 land, allowing residential use on all but three acres and commercial zoning for those three acres as part of a 12000 acre development.
Gene Haugen of the Arizona Swimming Pool Association says major pool builders in the Valley will form an ethics committee modeled on the Arizona Auto-Dealers Association. Joseph Toland will chair. C Van Haaften of the Maricopa County BBB applauds self regulation to boost public confidence.
A succinct note promotes gourmet gifts as ideal delights for food lovers, framing them as thoughtful presents. The message emphasizes quality and appeal to refined tastes.
A listing of businesses includes Pauls Scottsdale Hardware at 7131 4th Street Prince s Pantry at 7136 W Main Street Safari Boutique Safari Hotel and Scottsdale Stationery in the immediate area.
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