Business briefs for Dec. 28, 2005
According to the Park City Municipal Corporation, business owners must pay all fees for beer and liquor licenses on or before 4 p.m. on Friday, Dec. 30. Businesses that do not have a valid license on time must close at midnight, December 31. Call 615-5225 for more information. Holiday liquor store hours
Sunday, Jan. 1, and Monday, Jan. 2, all liquor stores will be closed. On Saturday, Dec. 31, Main Street’s liquor store at 524 Main Street will be open from 11 a.m. to 6 p.m., while Sidewinder Drive’s liquor store at 1901 Sidewinder Drive will open 10 a.m. to 7 p.m. Main Street employee parking permits available
Employees can now purchase parking permits that allow drivers to exceed China Bridge’s four-hour time limit. The cost is $75 per year. During The Sundance Film Festival, the North Marsac Lot and Sandridge lots will be reserved for permit holders, according to the city. Call 615-PARK or stop by the public works building at 1053 Iron Horse Drive. State approves incentives for new rural businesses
The Utah Office of Economic Development announced it backed incentives for three new rural businesses that offer benefits and higher than average wages.
Box Elder County is going to see the development of a new building manufacturer that plans to hire 225 new employees at 200 percent of the county’s median income. The amount of new revenue to the state will be $7.8 million. Another rural project is a mining company with 25 new jobs also at 200 percent of the median income. The third company project coming to Utah, according to the office is an electrical industry manufacturer with 100 new jobs that are 125 percent above the median salary for the county. The state expects to see $9.6 million in new revenues from the firm.
All of these companies will be receiving some form of performance-based incremental tax incentives over the next few years. The total number of new jobs is expected to reach at least 373 new rural jobs, all with benefits. New tax dollars to the state should exceed $18 million in tax revenues. Utah Power Employees donate $1.6 million to charities
PacifiCorp employees have rallied to contribute $872,000 to nonprofits that assist with health, education, the environment and hurricane relief. A match by the company’s charitable arm, the PacifiCorp Foundation for Learning, boosted the total contribution to $1.6 million. PacifiCorp operates as Utah Power in Utah and Idaho.
According to President of Utah Power Rich Walje, it’s the most the organization has ever donated.
Employees of Utah Power and Pacific Power donated $608,133 to the company’s giving campaign, which distributes donations to local United Way campaigns, as well as education, environmental, cultural and community nonprofits.
Donors also contributed $106,419 to help the victims of the tsunami that hit South and Southeast Asia, as well as another $157,967 for those in the Gulf States impacted by the 2005 hurricane season. The PacifiCorp Foundation for Learning added more than $200,000 to match employee contributions.
In addition, PacifiCorp recently made a $500,000 corporate donation to the hurricane relief effort. The contribution was divided among several relief agencies in the six states in which PacifiCorp operates. The funds come from shareholders and were not absorbed by rate-paying customers.
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Park City and Summit County are weighing whether to serve as a financial backstop for a green energy program
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