Utah economy

Venmo Touch will help Chicago’s Braintree mobile transactions surpass $ 2 billion annually – TechCrunch

Venmo Touch will help Chicago’s Braintree mobile transactions surpass $ 2 billion annually – TechCrunch

Brain, a payment gateway backed by Accel Partners and NEA, appears to have effectively doubled the volume of mobile transactions it sees per year to $ 2 billion. He now boasts 40 million credit card accounts in his safe.

How does this compare to the competition? eBay, which operates Paypal, said he had 123 million registered accounts in his last earnings filing and that it expects to generate around $ 20 billion in mobile commerce and payments volume. So while Braintree is even smaller, it’s one of the few notable emerging companies in the space. The Combinator’s Stripe is the other with its formidable concentration of technical talent.

Braintree made waves last year when it bought Venmo, a New York-based mobile payment startup that has made it easy and frictionless to transfer money via SMS and email.

The company kept the Venmo brand name when it launched a series of products including Venmo Touch, making it easy for consumers to store their payment information on a network of Braintree-supported apps like Hotel Tonight, Airbnb, and Uber. The idea is to reduce friction when entering credit card information, so that customers don’t give up on potential purchases.

Instead of having to re-enter your credit card information every time you sign up for a new Braintree-supported mobile service, Venmo Touch will automatically remember your payment details with just one click. Venmo Touch was in beta, but it’s now fully released and available to all Braintree merchants.

On top of that, they’re releasing a new iOS SDK, which will make it easier for developers to create a native checkout flow with UI images and text suggestions. It has a payment form, which already has a lot of credit card entry UI elements and other features that help detect typos. They will bring both Venmo Touch and an improved SDK to Android in the near future.

Brain has raised $ 69 million in venture capital to date from New Enterprise Associates, Accel Partners, RRE Ventures and Greycroft Partners. Find out venmo limit here.

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Salt lake city

New Trail in the Salt Lake Foothills Offers Stunning Valley Views

Soar above the din of traffic on I-80 and I-215 for one of the most expansive views in the valley

(Francisco Kjolseth | The Salt Lake Tribune) After a 1,100-foot climb, the new Parley’s Pointe Trail offers sweeping views of the Salt Lake Valley as a cyclist enjoys the view Wednesday, Aug. 10, 2022. The 4 .8 miles The trail is part of the Bonneville Shoreline Trail and winds between the Parley’s Trail bike path and the Arcadia trailhead on Lakeline Drive.

The din of cars and large trucks hurtling down Interstate 80 or curving along I-215 stands in stark contrast to last year’s relatively calm appearance of the trail winding through the hills above them .

The Parleys Pointe Trail serves as a key link in the Bonneville Shoreline Trail chain which, when the new Grandeur Peak Connector is completed in November, will stretch from H Rock deep into Mill Creek Canyon. Yet he appeared in the foothills last September without much fanfare. Perhaps that’s why the 4.8 mile path is still largely unknown. It doesn’t even have an AllTrails listing yet (although it is on forks).

But that doesn’t mean the trail should be overlooked.

(Francisco Kjolseth | The Salt Lake Tribune) Although open to bikes, dogs and foot traffic, it’s rare to see another user along the many switchbacks of the new Parley’s Pointe Trail, pictured Wednesday, August 10 2022. The 4.8-mile trail is part of the Bonneville Shoreline Trail and winds between the Parley’s Trail bike path and the Arcadia trailhead on Lakeline Drive.

It takes perseverance to get through the opening segments, which include walking along the busy Parleys Trail bike path and a noisy, exposed, and roughly paved road. In fact, for almost the first two miles, it’s hard to enjoy nature with the roar of traffic filling your ears.

However, once you hit the 1.8 mile mark, the hubbub below fades and the beauty of the trail and the sweeping views of the Salt Lake Valley fill the void. The reward at the highest point of the hike, about 3.5 miles away, is a panorama that includes downtown, the Great Salt Lake, the Oquirrh Mountains, Draper, Mount Olympus and, of course, the now-silent highway. that winds through it all. And if this sight becomes rote, bursts of sunflowers appear all along the wide but almost shadowless path.

Utah Trails did much of the heavy lifting to get the Parleys Pointe Trail built after a private developer donated 290 acres to Salt Lake City in 2019 to clear its path. The nonprofit is soliciting donations to pay for planning and environmental reviews that were not covered by grants.

(Francisco Kjolseth | The Salt Lake Tribune) While open to bikes, dogs, and foot traffic, it’s rare to see another user along the new Parley’s Pointe Trail, as the Salt Lake skyline City can be seen in the background on Wednesday August 10. , 2022. The 4.8-mile trail is part of the Bonneville Shoreline Trail and winds between the Parley’s Trail bike path and the Arcadia trailhead on Lakeline Drive.

Getting There

Do you remember that passage about perseverance? This also includes trail access.

The best option would probably be to drop a car off at the end of the trail, which is the Arcadia trailhead on Lakeline Drive, then take another car to the Foothill Drive driveway that leads to Yesco and Tolero Pharmaceuticals. Parking there also works if you only have one vehicle, but it will add another downhill mile to the hike.

From the Yesco driveway, head south on the Parleys Trail cycle path. About 0.7 mile down, just before the pedestrian overpass, the trail signed Parleys Pointe veers left. Travel about another 0.2 mile on an old paved road until the trail turns left again at another trail marker and before long begins a gradual climb.

The trail comes to a fork at 1.5 miles. Take the right branch. Soon the hustle and bustle of highway traffic will subside. After another 2 miles of gentle climbing you will reach the highest point of the hike and a rocky outcrop from which to take in the views. The remaining mile of the hike is entirely downhill. The trail ends at Lakeline Drive, just south of Carrigan Canyon Drive. Anyone wanting extra mileage can follow Lakeline to their north terminus and take the half mile H Rock connector trail to Carrigan Canyon or just return the way they came.

(Francisco Kjolseth | The Salt Lake Tribune) Mount Olympus dominates the southern view from the new Parley’s Pointe Trail as Millcreek’s Mike Coleman turns back Wednesday, August 10, 2022. The 4.8-mile trail is part of the Bonneville Shoreline Trail and winds between the Parley’s Trail bike path and the Arcadia trailhead on Lakeline Drive.

Trib Trails | Parleys Pointe | The Salt Lake Grandstand

Parleys Pointe Trail

Region: In front of Wasatch

Destination: Views of the Salt Lake Valley

Distance: 7.8km

Time: 2 hours, 10 minutes

Elevation Gain: 1,132 feet

Dog allowed: Yes


Bike/horse: Yes

Wheelchair/e-bike accessible: Nope

Difficulty: 3

Editor’s Note • This story is available only to Salt Lake Tribune subscribers. Please support local journalism.

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Utah economy

An integrated power grid would benefit the western United States

According to a new report from the national trade association Advanced Energy Economy (AEE) by independent consultancy Energy Strategies.

A western RTO would diversify state economies and save taxpayers millions of dollars in energy costs each year, the report said. An RTO is a cooperative agreement that allows electric utilities in multiple states to share energy resources through an organized regional market. Today, the west is one of the only regions in the country without an RTO running its power grid.

Regional transmission organizations are cooperative agreements that allow electric utilities in multiple states to share energy resources through an organized regional market. (Photo by Andy A. Widmer/EyeEm via Getty Images)

The research found that all western states – which it defines as Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming – would benefit economically from an RTO, which would reduce electricity prices, add energy resources and expand business in the region.

By 2030, compared to the status quo, a Western RTO could save Western states $2 billion in annual energy costs, while adding up to 4.4 GW of additional clean energy to the grid.

“The sooner the west develops an RTO, the sooner residents of the western United States will see the economic benefits of a cleaner, more efficient power grid,” said Amisha Rai, chief executive of AEE. “The West needs a power grid that is more secure, resilient to extreme weather conditions and more accommodating to an evolving energy mix. By building an RTO of the future here in the west, states can achieve these goals while creating jobs and saving money for households and businesses.

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Salt lake city government

Nothing has changed | Private detective | Salt Lake City

Click to enlarge

A little over 38 years ago, the first issue of this journal was published. As mentioned, we were then a newsletter for private clubs in Utah, published under the name of Private detective.

In 1984, the advertising of clubs and alcohol was “illegal” in a public newspaper such as this, so the newsletter was sent directly to members of specific private clubs. One of the first clubs to come on board was the Sage Supper Club in Midvale, now A Bar Named Sue, purveyor of some of the best chicken wings in those areas, by the way.

What we had to endure in 1984 is not very far from what we know today. We have the same supermajority in the Utah House and Senate. Democrats and Independents — formerly called “non-Mormons” — essentially roam the state with the sole ambition of not ever having to leave. You know that day is coming, right?

In one of these very first issues of the Private detective, the Sage Supper Club hosted a central layout advertising its entertainment, food and party schedules. Above the photos and text was the phrase the Sage adopted as his club’s motto: “The more things change, the more they stay the same.”

The owners of the club then were veterans George Boutsis and Reed James (who during the Korean War gave serious shit to the sorry guys who attacked it at Chosin Reservoir). I was asked to add the motto to their ad by Mary Jane Boutsis, George’s wife. When I asked what that meant, she laughed at me funny. “Well, what do you think that means, silly? It means exactly what it says,” she told me. “Look around!”

She was right. The walls, the fireplace, the bandstand and the kitchen were all the same, despite the changing eras and the comings and goings of customers. It’s the same with our government – same government structure in power, same results – just new faces giving smooth, self-respecting speeches.

Not that I understand the guy, but I’ve sometimes found solace in William Shakespeare’s words to validate my own experiences in modern times. It’s reassuring in a way. The closest I can find to things changing, yet remaining the same, is his line of Storm: “What is past is a prologue. Nothing in front of us matters.”

Golfers say that when they walk to the tee box after hitting their previous shot: “That was a bad hole, now play the next one.” I consider this a good strategy these days. We’ve been through a rough patch as a country in recent years, but it’s not over. It’s time to play another hole, looking to the future, understanding that you can only change yourself, not change the big patterns. We just have to deal with the mess as best we can, because at the end of the day things don’t change, we do.

On Monday, the Mar-a-Lago home of former President Donald Trump was lawfully raided by the FBI on behalf of the Justice Department. It was Trump himself who announced that his “beautiful house” had been “ransacked” and that the searchers “had broken into his safe”. Well, yeah, it happens in an FBI search.

That it was Trump himself who made the big reveal should not go unnoticed. It’s been a long strategy for him to be ahead of his opponents to get the first shots and headbutts. So, it’s no surprise that almost all of the talk since the raid hasn’t been about what the Justice Department might possibly be looking for and why, but rather about how our former president is being wronged, pissed off, and hurt. .

He has always been a whiner and is one now. Remember that when it came to bragging, he always said he had nothing to hide. So why the shading? Because, as in Shakespeare’s day, people like Trump had already left their mark in the muddy beds of history.

Like King Lear, another character in Shakespeare’s work, Trump wallows in pity. If he makes three-dimensional moves at any level, it’s to bring those who should hate him together to worship him instead. “I am a more guilty than sinful man,” exclaims King Lear, choking off the winds and rains, expressing that no one suffers like him and finding solace in this because, in his mind, his innocence is framed by the idea that there is always someone who has sinned worse. Are you listening, Hillary and Hunter?

I’m not sure the case law allows for less jail time just because someone else is more guilty, but that’s Trump’s playbook. As long as he believes he is the wronged one, that there have been worse crimes (worse than driving rioters to attack the nation’s capitol?), then he will continue his lamentable appeal to his followers – those supporters who like to call people like me “sheep”. I call them “the blind”.

There have always been people who seek help or advice and unfortunately find it in those who cannot be trusted. This is how a battery of scams takes off, especially here in Utah. This is why the Boy Scouts fall victim to the predatory master scouts.

Of course, Shakespeare had a quote for times like these, also from King Lear: “It is the scourge of the time when fools lead the blind. Do as I tell you, or rather do your pleasure. By- above the rest, go away.”

You see, nothing has changed.

Send your comments to [email protected]

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Salt lake city

Free School Supplies for SLC Kids

SALT LAKE CITY (ABC4) – Getting the kids ready for school can take a lot of time, whether you’re shopping for clothes and supplies or getting them ready for their favorite haircut. An upcoming event will provide school supplies and haircuts for children 17 and under.

The Back-to-School Supplies Drive will be held at the Utah Museum of Contemporary Arts (UMOCA) on August 19 from 12 p.m. to 6 p.m.

Haircuts will be provided by Esmerelda of Royalty Barbershop in West Valley City and Kiirt Banks of My Kulture.

There will also be free music, bouncy houses and children’s art activities.

Before the event, school supplies can be dropped off at the following locations:

  • UMOCA (20 S West Temple St in Salt Lake City)
  • Fade One Barbershop (3804 S Highland Drive in Salt Lake City)
  • Royalty Barbershop (3536 W 3100 S in West Valley City)
  • Costa Vida (213 E 12300 S in Draper)
  • Vape Ave (75900E in Salt Lake City)

School supplies can also be dropped off on the day of the event. UMOCA will hold supplies for a week after the event so people can continue to pick them up.

The rest of the supplies will be donated to schools and families in need.

The event is presented by Mac Life LLC and iVipp App.

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Salt lakes real estate

Utah investor pays $283 million for Anaheim apartments

A 768-unit apartment complex in Anaheim traded hands for a record $283.5 million, in the largest real estate sale of a single property reported in Orange County since the pandemic began.

Records indicate a Utah subsidiary based Bridge Investment Group Holdings Inc. (NYSE: BRDG) paid nearly $369,000 per unit for the Madison Park apartments, a 615,500 square foot rental complex at the intersection of Broadway and Brookhurst Street, near the Disneyland Park Region.

The price is more than double the amount paid during its previous sale in 2015.

The deal is a multi-family record for Orange County in more than a decade in terms of total price; the previous best sale was with the sale of $205.5 million of the 400 units Bryant at Yorba Linda complex at the start of the year.

Madison Park was about 97% occupied when it was sold last month, according to data from the real estate market tracker CoStar Group.

hot market

The low-rise, garden-style resort was built in 1970 on nearly 18 acres of land at 2235 W. Broadway, about a 10-minute drive from Disneyland.

It is the largest apartment complex in the city of Anaheim by number of units.

Units in the three-story buildings range in size from 390-square-foot studios to two-bedroom units covering approximately 1,000 square feet. Average asking rents range from $1,791 to $2,660. Facilities include a fitness center, swimming pool, theater, and other common areas.

The average rent for a two-bedroom apartment in the city jumped 21% in the past month to $2,665, according to Market Tracker

Demand for the multi-family sector has increased during the pandemic, as tenants redesigned their living spaces during the shutdown and investors flocked to the lucrative type of property. This trend has been exacerbated in California, as the state continues to deal with a supply-demand imbalance that has helped send prices to record highs.

Recording offers

Last month, the selling price of Madison Park apartments marks a 132% premium to the reported $122 million that a venture between the San Diego-based company MG properties and Boston-based investment advisor Intercontinental Real Estate Company paid for the resort in 2015.

MG Properties’ sale of the Anaheim complex follows a notable acquisition in May, when it paid $130 million for the newly constructed building the heralda 215-unit apartment project in Placentia.

Based in Newport Beach Living in Lyon sold the property for $605,000 per unit, leading this year on unit price among multifamily projects in Orange County running at least 100 units.

Only two apartment complexes have sold more than $200 million in Orange County over the past decade, according to CoStar Group records, Madison Park and the Bryant at Yorba Linda complex.

The recent sale also tops all local real estate transactions during the pandemic, records show.

Local wallet

Based in Salt Lake City Bridge property managementthe apartment property management subsidiary of Bridge Investment Group, now has more than 1,800 apartments across four properties in its Orange County portfolio.

She took out a loan of nearly $204 million with Berkadia Commercial Mortgage Loan to fund the Anaheim Purchase, records show.

It’s the second local acquisition in the past year for the private investor, which paid $68.9 million for a 168-unit apartment complex in Fullerton in late 2021.

Fullerton Hillslocated on over 10 acres in the Sunny Hills neighborhood approximately 5 miles from California State University, Fullerton, was built in 1973 and sold for around $410,000 a unit. It was 98% occupied at the time of the sale.

Bridge Property also owns the 402 units Crystal clear view apartments in Garden Grove, which she acquired in 2019; and the 500 units Warwick Square complex in Santa Ana, the company’s first local asset, according to the records.

The company has properties in more than 20 states across the country.

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Salt lake city

Vice President Harris meets with Utah Rep. Romero on abortion rights

Vice President Kamala Harris meet State Rep. Angela Romero, D-Salt Lake City and other Latina state lawmakers on Friday to discuss the fight for abortion rights in their own states.

State of play: Harris has met with state lawmakers, health care providers and activists to discuss reproductive rights since the Supreme Court overturned Roe v. Wade in June. It was his first meeting with Latina state lawmakers, Reporting by Marina E. Franco of Axios Latino.

  • The other six Latin lawmakers represented Arizona, Illinois, Kansas, Nevada, New York and Texas.

What she says: “[Harris] really wanted to address abortion and access to abortion and its impact on the Latinx community,” Romero, president-elect of the National Hispanic Caucus of State Legislators, says Axios. “Even though we have a Republican-controlled legislature, that doesn’t mean we shouldn’t talk about issues that affect Utahns, like access to health care.”

  • Romero said she wants input from the federal government and other colleagues on what kinds of policies lawmakers can introduce in their own states to help women.

The context: Utah is one of 13 states with an abortion initiation law.

Why is this important: Hispanic women in Utah are ‘significantly less likely’ to access health care, says one analysis by the Utah Women & Leadership Project at Utah State University.

  • About 20% of Latinas in Utah say they don’t seek health care because of the cost.
  • Nationally, about a quarter of abortion patients are Hispanic women, according to data from the Guttmacher Institute.

Rollback: Utah’s abortion ban was suspended after the Planned Parenthood Association of Utah sued the state to stop it from going into effect.

The big picture: Democrats are using access to reproductive health care as a motivational issue for voters ahead of the midterm elections.

And after: Romero plans to sponsor a bill that would eliminate criminal penalties for health care providers who perform abortions.

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Utah economy

Salt Lake City launches program to increase solar power

SALT LAKE CITY (ABC4) — Salt Lake City launched Solar Salt Lake on Thursday — a program that offers Salt Lake City residents huge discounts on solar installations as more homes decide to go solar.

The bulk purchase program aims to streamline residents’ access to solar power, supporting the local solar economy.

The city has partnered with Gardner Energy, believed to be one of the nation’s oldest solar companies, which has served Intermountain West since 2004.

Gardner Energy has completed more than 1,000 residential and commercial solar installations, totaling more than 17 megawatts of solar energy.

Solar Salt Lake was launched to help meet the city’s climate goals and offers discounted bulk purchasing for up to 50 installations.

“Salt Lake City is committed to protecting the public health and safety of its residents, including ensuring access to clean air, clean water, and a livable environment,” according to

The declaration is a resolve by the city to be climate positive, and is demonstrated by the city’s efforts to curb climate change.

Here are some things the city has done to be climate positive:

  • In 2020, Salt Lake City announced the successful approval of a major renewable energy project to meet the majority of the Municipality of SLC’s electricity needs.
  • In 2021, the Elektron solar project started in Tooele County and is expected to go live in 2023.
  • On the community side, Salt Lake City has worked with Rocky Mountain Power and other communities to pass HB411, the Community Renewable Energy Act, which will see Salt Lake City achieve the 100 X 2030: 100% energy goal. ‘renewable energy for community electricity supply by 2030’. ” objective.
  • Salt Lake City is also working with other Utah 100 Communities to move toward the net goal of 100% clean electricity.
  • Salt Lake City has also set the “80 X 2040: 80% reduction in community greenhouse gas emissions by 2040” goal, which includes a reduction of at least 50% in the community footprint. by 2030.

Click here to learn more about what the city is doing to reduce climate change.

Click here to complete the Solar Salt Lake registration form.

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Salt lake city government

Breeze launches San Bernardino International’s first scheduled passenger service


    Stock code:

    Creation date :

    Francisco Gomes Neto

    Head office location:
    Sao Paulo, Brazil

    Key product lines:
    Embraer 170, Embraer 175, Embraer 190, Embraer 195, Embraer 175-E2, Embraer 190-E2, Embraer 195-E2

    Type of company:

US carrier Breeze Airways has added two new routes to its network, with flights from Provo, Utah and San Bernadino, California to San Francisco. The airline will also offer a one-stop/no-change-plane “BreezeThru” service between Provo and San Bernadino via San Francisco.

Breeze Opens New Routes and First West Coast Base

The new routes began on August 4, when Breeze Airways (Breeze) became the first airline to operate commercial service from San Bernardino International Airport (SBD), located just two miles from the city of San Bernardino. That flight, Breeze MX602, took off from SBD at 2:39 p.m. and arrived at San Francisco International Airport (SFO) at 3:37 p.m. Earlier today, Breeze flight MX603 departed Provo Municipal Airport (PVU) at 9:05 a.m. for the 1:27 a.m. flight to San Francisco, landing at 9:32 a.m. Both flights were operated by the same aircraft, an Embraer E190, registration N126BZ.


On August 4, Breeze Airways launched daily services between San Bernadino (SBD) and San Francisco (SFO). Data:

Breeze also announced its first base on the US West Coast in Provo, about 45 miles (72 kilometers) from the airline’s headquarters in Salt Lake City. Currently, Breeze has over 250 employees at its corporate headquarters and base in Provo, with plans to hire another 180 over the next twelve months. Breeze President Tom Doxey said the new flights and the Provo base are three important milestones for the airline, adding:

“We also have the rare honor today of being the first-ever commercial airline to serve San Bernardino, marking an important milestone for the airport and its community. We commend the government and airport officials who have helped towards this goal and we look forward to serving the people of these cities.”

Breeze continues to connect local communities with low-cost flights

Breeze uses a combination of Embraer and Airbus single-aisle aircraft to operate approximately 87 nonstop routes in the United States to 30 destinations. Photo: Embraer

The new routes connecting Provo and San Berardino to San Francisco and between them are examples of Breeze’s strategy to provide fast, efficient and affordable air service between underserved city pairs. Flights will operate daily, with fares starting at $39 one-way. It does so with a fleet of Airbus and Embraer single-aisle aircraft, which lists seven Airbus A220-300s, ten Embraer ERJ 190-100ARs, three ERJ 190-200ARs and one ERJ 190-200LR, although the ce last is listed as inactive. Breeze also has 73 Airbus A220-300s on order.

Unsurprisingly, local communities are thrilled to be connected to San Francisco and the global connections that come with it. Provo Mayor Michelle Kaufusi said, With Breeze Airways now operating daily nonstop flights to an international airport, our forward-looking vision has opened our community to the world. SFO Airport Manager Ivar C. Satero said Breeze’s new service to Provo and first-ever commercial flight to San Bernardino gives travelers what they want most, more travel options at competitive prices.

Breeze has partnered with Brigham Young University (BYU) in Provo to become its “official hometown airline”. The five-year agreement, which includes San Bernardino Airport, covers nearly all of the university’s men’s and women’s athletic programs, including transportation of BYU teams to away games and other events. Doxey, a former BYU baseball player, said Breeze is proud to support the athletics program while “solidifying brand affinity and awareness for Breeze by tapping into its powerful fanbase.”

In just over a year, Breeze has grown from its initial 16 destinations, primarily in the eastern and southeastern United States, to 30 cities in 18 states with 87 nonstop routes. This will increase with two more destinations from Provo, including nonstop service to Las Vegas starting Oct. 5 and to Los Angeles Nov. 2. How is Breeze handling the current disruptions and is it a good airline to fly with?

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Salt lake city

Poll shows Utahans hosting Winter Olympics in Salt Lake City again

Keep Olympic News Free

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For nearly 15 years now, has been at the forefront of fearless reporting on what’s happening in the Olympic Movement. As the first website not to be placed behind a paywall, we have made information about the International Olympic Committee, the Olympic and Paralympic Games, the Commonwealth Games and other major events more accessible than ever to everyone. has earned a global reputation for excellent reporting and breadth of coverage. For many of our readers in over 200 countries and territories around the world, the website is an essential part of their daily lives. The ping of our free daily email alert, sent every morning at 6.30am UK time, 365 days a year, landing in their inbox, is as much a part of their day as their first cup of coffee.

Even during the worst times of the COVID-19 pandemic, has maintained its high level of daily reporting on all news around the world. We were the first publication in the world to report on the threat facing the Olympic Movement from the coronavirus and have since provided unprecedented coverage of the pandemic.

As the world begins to emerge from the COVID crisis, would like to invite you to help us on our journey by funding our independent journalism. Your vital support would enable us to continue to report so comprehensively on the Olympic Movement and the events that shape it. This would mean that we can keep our website open to everyone. Last year, nearly 25 million people read, making us by far the largest source of independent information on what’s happening in world sport.

Every contribution, big or small, will help maintain and improve our global coverage in the coming year. Our small, dedicated team has been extremely busy over the past year covering the revamped Olympic and Paralympic Games in Tokyo, an unprecedented logistical challenge that has stretched our limited resources to the limit.

The rest of 2022 will be no less busy or less challenging. We had the Olympic and Paralympic Winter Games in Beijing, where we sent a team of four journalists, and the Commonwealth Games in Birmingham, the World Summer University and the Asian Games in China, the World Games in Alabama and several world championships are coming up. Plus, of course, there’s the FIFA World Cup in Qatar.

Unlike many others, is available to everyone, regardless of what they can afford to pay. We do this because we believe that sport belongs to everyone and everyone should be able to read the news regardless of their financial situation. While others try to profit financially from the information, we are committed to sharing it with as many people as possible. The more people can keep abreast of world events and understand their impact, the more sport will be forced to be transparent.

Support for just £10 – it only takes a minute. If you can, consider supporting us with a regular amount each month. Thanks.

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Salt lakes real estate

Advisor Group Holdings Inc. buys 9,309 shares of Extra Space Storage Inc. (NYSE:EXR)

Advisor Group Holdings Inc. increased its stake in Extra Space Storage Inc. (NYSE:EXR – Get Rating) by 36.0% in the first quarter, according to the company in its latest 13F filing with the Securities and Exchange Commission. The fund held 35,147 shares of the real estate investment trust after acquiring an additional 9,309 shares during the period. Advisor Group Holdings Inc.’s holdings in Extra Space Storage were worth $7,240,000 when it last filed with the SEC.

A number of other hedge funds and other institutional investors have also recently changed their stock holdings. BlackRock Inc. increased its stake in shares of Extra Space Storage by 0.8% in the 4th quarter. BlackRock Inc. now owns 15,153,217 shares of the real estate investment trust worth $3,435,689,000 after acquiring an additional 122,140 shares in the last quarter. State Street Corp increased its position in Extra Space Storage by 6.8% in the fourth quarter. State Street Corp now owns 8,506,244 shares of the real estate investment trust valued at $1,928,621,000 after buying an additional 541,283 shares in the last quarter. Principal Financial Group Inc. increased its position in Extra Space Storage by 2.6% during the 4th quarter. Principal Financial Group Inc. now owns 4,647,305 shares of the real estate investment trust worth $1,050,072,000 after purchasing an additional 119,144 shares in the last quarter. Geode Capital Management LLC increased its position in Extra Space Storage by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 3,004,095 shares of the real estate investment trust worth $679,643,000 after purchasing an additional 82,323 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its position in Extra Space Storage by 5.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,956,399 shares of the real estate investment trust worth $670,306,000 after purchasing an additional 147,659 shares in the last quarter. Institutional investors hold 95.44% of the company’s shares.

Additional space storage Inventory performance

Extra Space Storage stock opened at $197.22 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.41 and a debt ratio of 1.64. The company has a market capitalization of $26.48 billion, a P/E ratio of 29.70, a PEG ratio of 2.82 and a beta of 0.50. The stock’s 50-day moving average is $173.96 and its 200-day moving average is $187.86. Extra Space Storage Inc. has a 12-month low of $156.70 and a 12-month high of $228.84.

Extra Space Storage (NYSE:EXR – Get Rating) last released its quarterly results on Tuesday, May 3. The real estate investment trust reported earnings per share of $1.51 for the quarter, missing the consensus estimate of $1.86 per ($0.35). The company posted revenue of $379.81 million in the quarter, compared to $368.88 million expected by analysts. Extra Space Storage had a return on equity of 24.31% and a net margin of 51.63%. The company’s quarterly revenue increased 25.1% year over year. In the same quarter of the previous year, the company achieved EPS of $1.50. On average, stock research analysts expect Extra Space Storage Inc. to post earnings per share of 8.4 for the current fiscal year.

Additional Space Storage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 30. Shareholders of record on Wednesday, June 15 received a dividend of $1.50 per share. The ex-dividend date was Tuesday, June 14. This represents an annualized dividend of $6.00 and a yield of 3.04%. Extra Space Storage’s dividend payout ratio is 90.36%.

Wall Street analysts predict growth

EXR has been the subject of a number of recent analyst reports. upgraded Extra Space Storage from a “hold” rating to a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded Extra Space Storage from a “neutral” rating to an “overweight” rating and lowered its price target for the company from $224.00 to $193.00 in a Wednesday research report June 22. KeyCorp reduced its target price on Extra Space Storage from $224.00 to $200.00 and set an “overweight” rating for the company in a Thursday, June 16 research report. Jefferies Financial Group reduced its target price on Extra Space Storage from $228.00 to $184.00 and set a “holding” rating for the company in a Thursday, June 30 research report. Finally, Truist Financial reduced its target price on Extra Space Storage from $225.00 to $200.00 and set a “buy” rating for the company in a Wednesday, June 1 research report. One investment analyst has assigned the stock a sell rating, three have issued a hold rating and eight have assigned the company a buy rating. According to, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $199.30.

Additional space storage profile

(Get a rating)

Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 storage stores self service. in 40 states, Washington, DC and Puerto Rico. The Company’s stores comprise approximately 1.4 million units and approximately 147.5 million square feet of leasable space.

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Institutional Ownership by Quarter for Additional Space Storage (NYSE: EXR)

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Salt lake city government

Patrick Bruce Abernathy – St George News

November 28, 1945 – July 31, 2022

Patrick Bruce Abernathy, 76, beloved husband, father, brother, uncle, and friend, graduated on July 31, 2022, from his home in Pelican Hills, Green Valley, St. George, Utah, following terminal complications from an anoxic brain injury following respiratory failure in 2020.

Patrick was born November 28, 1945, in Monterey Park, Los Angeles County, California to Walter Wilson “Budge” Abernathy and Betty Geneva Moone, and grew up in the San Gabriel Valley. At age 16, he converted to The Church of Jesus Christ of Latter-day Saints, and at age 19 served a full-time volunteer mission for the Church in the Far East Mission of South to the islands of Taiwan and Hong Kong, where he developed a love for the Chinese language, history, culture and people.

After his faithful missionary service, which included responsibilities as assistant to Keith Garner, his mission president, he attended Columbia University in New York and Brigham Young University, campuses in Utah and Hawaii. , where he completed his undergraduate studies in Chinese Language and Literature with a minor in Economics.

He married Joyce Marie Jensen for eternity in the Los Angeles California Temple on November 26, 1969, after which they resided in Taiwan, where he earned a master’s degree in modern Chinese history from National Taiwan University and began to work in the financial industry in California. Subsequently, he was recruited to work for the US government in Washington, D.C. Frequent travel and relocation marked his early career and family life as they welcomed four children into their family. From 1977 to 1992, Hong Kong became their permanent home and the place of many treasured family memories as he transitioned from government work to China expert for several multinational corporations.

Returning to the United States in 1992 to care for his then aging parents, Patrick settled his family in Bloomington, St. George, Utah, where he dutifully and lovingly spent time with and cared for his parents. until their death. He also developed new loves for barbershop music, family history research, and service at the St. George Utah Temple. He enjoyed a great spirit of brotherhood with the Color Country Chorus and various quartets, and he generously gave his time and talents to sing at many community and charitable events. Family history research and temple service were among his highest priorities, and he approached his nearly 10 years of temple service with much study and prayerful preparation to serve honorably in the House of the Lord.

In 2018, Patrick and JJ embarked on a new adventure together as missionaries called to the Utah Headquarters Mission in Salt Lake City, where they served at the famed Family History Library until 2021. He has found great joy in serving the patrons of the Family History Library, and he cherished the fellowship with those with whom he served. He helped many people discover their roots and he also became known as the “Candy Man of Temple Square” for generously sharing his endless supply of salt water taffy.

Patrick possessed a keen intellect and the discipline to master whatever he decided to learn or accomplish. He was widely considered a friend, mentor and role model to many. Among his countless activities and talents, Patrick was known for his diligence, expertise, thoroughness, perfectionism, good humor and good nature. Above all, he valued his family and their deep and lasting testimony of – and sincere devotion – to Jesus the Christ.

Patrick is survived by his wife of 52 years, Joyce Marie Jensen “JJ” Abernathy, of Green Valley; son and daughter-in-law, Matthew and Janella Abernathy of Spanish Fork; son and daughter-in-law, Mark and Monica Abernathy of Austin, Texas; daughter and son-in-law, Holly and Joseph Infanta of Layton, Utah; sister, Karen Berry, of Camarillo, Calif.; half-brother, Donald Walter Abernathy, of Wooster, Ohio; and nieces, nephews and grandchildren: Céline, Chanel, Yale, India, Justin, Joshua, Emmanuelle, Christine, Joseph Israel and Elijah. He was predeceased by his parents, Walter and Betty Abernathy, and his son, Yale Andrus Abernathy.

The family offers their sincere thanks to the following people for the professional, gentle and caring way in which Patrick looked after his last months: nurse Deb and the entire team at Zion’s Way Home Health & Hospice; LuAnn Lundquist and her team at Memory Matters; Dr. Bobby Niemann, neurologist at Vista Healthcare Specialists; and St. George’s Regional Hospital.

In Patrick’s memory, the family invites donations to FamilySearch, a nonprofit family history organization dedicated to connecting families across generations through the preservation and digitization of records and documents. Click here to make contributions online or call 1-800-525-8074.

Funeral services will be held Saturday, August 13 at 1 p.m. at Green Valley Stake Center, 511 South Valley View Drive, St. George, Utah. Visitation will be Friday, August 12, from 6 to 8 p.m. at the Metcalf Mortuary, 288 West St. George Blvd., and Saturday, before services, from 11 a.m. to 12:30 p.m. at the stake center. Interment will be in St. George City Cemetery located at 600 East Tabernacle St.

The services will be broadcast live. Visit the Metcalf Mortuary website where the link will be posted at the bottom of Patrick’s obituary.

Arrangements are in the custody of Metcalf Mortuary, (435) 673-4221. Visit the Metcalf Mortuary website for condolences, full obituaries and funeral announcements.

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Utah economy

Utah consumer sentiment continues to fall in July

Newswise — August 4, 2022 (Salt Lake City) — Utah consumer sentiment fell in July, according to the Kem C. Gardner Policy Institute’s survey of Utah consumers. Utah’s index fell to 62.9 in July from 64.4 in June. A similar survey for the United States showed consumer sentiment rising slightly to 51.5 in July from 50.0 in June. This is the first month since the Gardner Institute began tracking consumer sentiment in October 2020 where Utah’s index fell while national sentiment rose.

“Consumer expectations about the economy can impact day-to-day shopping behavior and therefore business cycles,” said Phil Dean, chief economist at the Gardner Institute. “Concerns about high inflation, including fuel prices, continue to affect consumer sentiment in Utah. High fuel prices are a particularly salient price point for consumers, although prices have fallen these Emerging signals suggest that low-income households are facing financial strains that are beginning to alter their purchasing behavior.

The Utah Consumer Sentiment Survey uses questions comparable to the University of Michigan Consumer Survey. These questions measure residents’ views on current and future economic conditions. Both surveys include a random sample of consumers, including demographic questions to assess the representativeness of the sample.

Full results are now available online.

Source: Kem C. Gardner Policy Institute and University of Michigan



The Kem C. Gardner Policy Institute serves Utah by preparing research on the economic, population, and public policies that help the state prosper. We are experts in Utah demographics, leaders in the Utah economy, and experts in public policy and survey research. We are an honest broker of INFORMED RESEARCH, which guides INFORMED DISCUSSIONS and leads to INFORMED DECISIONS™. For more information, please visit or call 801-587-3717.


The Eccles school is synonymous with “doing”. The Eccles Experience provides world-class business education with a unique entrepreneurial focus on real-world scenarios where students practice what they learn long before graduation. Founded in 1917 and educating more than 6,000 students annually, the David Eccles School of Business at the University of Utah offers nine undergraduate majors, four MBAs, eight other graduate programs, one Ph.D. in seven management training areas and programs. The school is also home to 12 institutes, centers and initiatives, which conduct academic research and support an ecosystem of entrepreneurship and innovation. For more information, visit or call 801-581-7676.

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Salt lakes real estate

A real estate agent’s 8 tips for first-time buyers navigating a hot market

Photography by DP Productions/Getty Images

Cassidy Iwersen always dreamed of becoming a real estate agent. “I just felt like maybe New York wasn’t the place to start that kind of career,” she says. So when the longtime creative director and interior stylist moved to the Dallas-Fort Worth area in 2021 (one of the top destinations for people moving during the pandemic), she decided to take the plunge. , obtain its license and join Compass as a seller. agent. “I was gaga about what you could get for $500,000,” she recalled. Having lived in New York and San Francisco before that, he was a good kind of shock sticker.

While Iwersen works extensively with sellers, listing and staging their spaces, she has a soft spot for first-time buyers trying to navigate a booming market. “I feel like their big sister,” she says. “I want to help them, because it’s scary and overwhelming and there’s a lot [to do] in a short time. Her experience working in a highly visual and creative industry for so long comes in handy when it comes to helping nervous buyers see the potential. “Combining that with my knowledge of real estate, we’re able to make decisions that will save them money or make them money,” says Iwersen. Whether you’re cruising through booming Denver or planning to put down roots in bustling Salt Lake City, we asked Iwersen for his advice on getting through it all stress-free.

Consider living with—wait for it—a bathroom

Green bathtub in a brightly lit bathroom.

Photograph by Brittany Ambridge

We know what you’re thinking: a deal breaker. But let Iwersen help you see the potential. “A lot of older homes still only have one bathroom, which can deter a lot of buyers,” she notes. “But if you can live with that for a minute while you add a second, you’ve instantly increased the value and marketability the next time around.” Still, the thing to ask yourself before committing to a total renovation is: will the other homes in my neighborhood retain (or increase) in value over time? “It doesn’t matter how much you invest in a house if the neighboring houses aren’t as nice or worth as much,” Iwersen points out.

Speed ​​up your timeline from the start

Start looking at the market and getting to know the different neighborhoods so you can see what’s available in your price range and how long things come and go, that way you’ll be able to spot a bargain when you see it. “It will help you act quickly when you’re ready to make an offer,” says Iwersen. In very hot markets, there isn’t much time to research or ask about neighborhood, school district, or commute times after seeing an ad.

Be friendly with a trusted lender

In many of these booming markets where homes sell in about 20 days, it is often necessary for you to send a pre-qualification letter (a document that signifies that a lender has reviewed your financial information and confirms that you will be eligible for a loan) with your offer. “Now is not the time to start thinking about your mortgage. Vendors want to see that you’re ready to go and that everything is lined up and in order,” says Iwersen. Meeting with a local lender early on will help you determine your buying power, resolve any credit issues you may not be aware of, calculate your monthly mortgage payments, and get an idea of ​​how the process works. .

Look at ads that have been around for at least a week

Excellent listings ready to move into quick, so you’ll need to be imaginative and open to houses that might need painting or new lighting. “If you can look past the dated wallpaper or decor, you can potentially avoid a multiple-offer situation and even have some bargaining power,” Iwersen says. “I’m finally hearing about sellers giving buyers concessions or credits to help them lower their mortgage rate on properties that have been on the market for a while.”

Look for timeless architectural details

The details that make a house worth buying come down to the quality of the materials: hardwood floors, walls with trim or moldings, brick or plaster walls. “Like well-cut jeans or a leather jacket, these elements stand the test of time while gaining character and charm,” explains the pro.

Win an auction by making life easier for the seller

Your purchase price isn’t the only thing that can stand out in a bidding war. Forgoing contingencies and valuation, having the shortest possible option period, and offering to pay the seller’s title insurance (or investigation or closing costs) will put you in head of the group. “Sometimes it’s not just ‘the highest and the best,'” Iwersen says. “Maybe the seller needs a lease (time spent in the house after closing while he searches for his next home or extra time to pack or finish the school term), and if you can give him that extend, it could really be beneficial. ”

Offer money through a third party

There are a number of newer programs that have expanded this year in response to the increase in cash-only offers. Companies like Ribbon and UpEquity can work with (or act as one) your mortgage lender and present your cash offer. “They’re actually buying the house for you, and then you have some time to get financing and buy it back from them,” she says, noting that they’ll charge you a percentage of the purchase price to do so, but it might just be worth it.

Renovate intentionally

Part of the sense of belonging puts your stamp on your space. Luckily, if you’ve spent most of your savings on a down payment, less really is more. “By adding a few intentional updates, it distracts from a countertop or backsplash that might not have been your first choice,” she says. Here are some simple changes that Iwersen often recommends:

In the kitchen

  • Paint or stain existing cabinets
  • Change ceiling fans or light fixtures
  • Add a fresh sink and faucet
  • Put down carpets
  • Buy new appliances
  • Swap cabinet hardware
  • Hang the window treatments

In the bathroom

  • Change the vanity (some start at just a few hundred dollars!)
  • Hang a mirror above the sink
  • Wallpaper over dated tiling
  • Opt for white or matte black plumbing fixtures

And when in doubt, paint the walls white. “And the ceiling! says Iwersen.

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Salt lake city

Utah’s metropolitan areas are among the most employed in the nation

Illustration: Sarah Grillo/Axios

Unemployment rose in Utah’s metropolitan areas, but unemployment rates were still well below nearly every other state.

Driving the news: Federal unemployment figures released Wednesday show that all five Utah metropolitan areas — urban areas with at least 50,000 residents — had unemployment rates of 2.6% or lower in June.

  • Only four other states had lower rates for all of their metropolitan areas: New Hampshire, Vermont, and North and South Dakota.

By the numbers: Logan’s unemployment rate — 2.2% — was the lowest in the state and tied for 11th among the nation’s 396 cities.

  • Provo-Orem tied at No. 17, at 2.3%.
  • Salt Lake City and Ogden-Clearfield tied for 22nd at 2.4%
  • At 2.6%, St. George had the 35th lowest unemployment rate.

Rollback: Utah’s unemployment rate is consistently low, so its cities’ unemployment numbers had less room to fall than in other states.

  • Metro Utah’s unemployment rates have fallen by less than 1%, while most workers nationwide live in cities where unemployment has fallen by at least 2%.
  • Only Grand Island, Nebraska, and Yuma, Arizona, have seen smaller declines than Logan’s decline of just 0.2% since June 2021.


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Utah economy

Washington County Implements Utah’s Most Restrictive Water Ordinances

WASHINGTON COUNTY, Utah – Washington County’s largest cities have implemented new water ordinances to help protect water resources in what a news release called the nation’s fastest growing region.

The new measures include a ban on non-functional turf for newly constructed commercial, institutional and industrial developments, and a turf limit in new homes.

New golf courses in St. George will also not be approved unless the development can provide its own source of non-potable water for irrigation, according to a Wednesday morning news release from the Washington County Water Conservancy District. .

The ordinances would be the most restrictive for new construction in Beehive State.

“We can’t risk running out of water,” said Zach Renstrom, chief executive of the Washington County Water Conservancy District. “The prolonged drought has threatened our only source of water – we need to make changes to how our community uses its water to protect our economy and our quality of life.”

Utah Governor Spencer J. Cox said, We salute Washington County’s current water conservation achievements and efforts, including setting a higher standard for development in the state with these new municipal ordinances.

“Our future depends on every community in Utah, making water conservation a top priority,” Cox said.

The ordinances also require the use of secondary (untreated) water and reuse (treated wastewater) for outdoor irrigation, if applicable, depending on the version. Currently, the county uses it to irrigate parks, schools, golf courses, city-owned facilities, and some residential neighborhoods.

“The district is developing a regional reuse system in partnership with its municipal customers that will significantly improve the availability of reused water for future development,” the statement said.

Other requirements of the order include:

  • Hot water recirculation systems
  • Luminaires labeled Water-Sense
  • Energy Star Appliances
  • Sub-metering of multi-unit installations
  • Restrictions on water features, including misting systems
  • Water budgets for golf courses
  • Limits on water used by car wash facilities

The new ordinances are expected to save nearly 11 billion gallons of water over the next 10 years, according to the release.

Officials said each municipality will enforce its new order, adding that cities will review complaints received about water waste and monitor metering data to notify and impose penalties on non-compliant customers.

“To help encourage compliance, the district will begin assessing an additional high water usage fee in 2023. The money generated from this fee will fund water conservation programs, including rebates to replace the ‘grass through water-efficient landscaping,’ the statement read.

The county’s long-term water supply plan, according to the release, includes additional water conservation and reuse, optimization of local sources and development of new resources.

“Washington County has already reduced its per capita water use by more than 30% since 2000 – the largest reduction in water use in Utah – and plans an additional 14% reduction by 2030. , using 2015 as the base year.”

REMARK: The Washington County Water Conservancy District is a public, nonprofit organization that oversees water resources in Washington County, UT. Visit for more information.

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Salt lakes real estate

Additional space storage: Q2 results overview

SALT LAKE CITY (AP) _ Extra Space Storage Inc. (EXR) reported a key measure of its second-quarter profitability on Tuesday. The results exceeded Wall Street expectations.

The Salt Lake City-based real estate investment trust said it had operating funds of $305.1 million, or $2.13 per share, during the period.

The average estimate of eight analysts polled by Zacks Investment Research was for funds from operations of $2.04 per share.

Funds from operations is a closely watched metric in the REIT industry. It takes net income and adds items such as depreciation and amortization.

The company said it had net income of $232.1 million, or $1.73 per share.

The self-storage real estate investment trust posted revenue of $475 million in the period, also beating Street’s forecast. Three analysts polled by Zacks expected $463.5 million.

Extra Space Storage expects operating funds for the full year in the range of $8.30 to $8.50 per share.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EXR at

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Salt lake city

SL school board member and former state senator allege superintendent racially harassed

Estimated reading time: 2-3 minutes

SALT LAKE CITY — A Salt Lake City school board member and former state senator are calling on residents to come to Tuesday’s board meeting in support of Superintendent Timothy Gadson, alleging he was victimized racial harassment and an effort to force him to resign.

The district did not give a reason why Gadson — who has only been in the role for a year — was placed on paid administrative leave last month. The chairman and vice chairman of the board released a statement at the time citing confidentiality.

“While we have heard our community’s desire for more information, the Board is limited in its ability to confirm or deny the accuracy of any information reported due to our commitment to maintaining confidentiality. of our executive closed sessions,” the statement read.

Ahead of Tuesday night’s meeting, council member Mohamed Baayd claimed Gadson was racially harassed.

“The systemic racism and the institutional racism that we have within our district, unfortunately, was not ready to receive a black leader who could actually lead a district in a different direction,” Baayd said in an interview with KSL- TV and KSL News Radio.

Baayd, the only board member to come to Gadson’s defence, said the board had received complaints against the superintendent and that he viewed those complaints as racially motivated.

“As a black person, when I hear them, it’s like someone looks at me and says, ‘We can’t accept you for who you are. Your culture, your behavior is not what we are looking for here in our neighborhood, “says Bayd.

Baayd and former state senator James Evans are both asking people to come to the town hall at 6:30 p.m. Tuesday to show their support for Gadson.

“You have an unprofessional board that sides with its friends in administration and undermines the superintendent,” Evans said. “And then the backdrop to that is the racial discrimination component.”

Ahead of Tuesday’s public meeting, the board will hold a closed executive session beginning at 5 p.m.

“Unfortunately, when (Gadson) arrived, the board failed to support him and accomplish the agenda of caring for our students and our families,” Baayd said.

A letter to Evans residents co-signed by local NAACP president Jeanetta Williams alleges that Gadson faced a pressure campaign to have him resign.

“We affirm that the heart of this campaign to expel Dr. Gadson is driven by disgruntled board members who failed to act on the instructions they gave him directly,” the letter reads. “This led to an environment of intimidation, racial harassment, unsubstantiated complaints and secret meetings behind closed doors to expel him without due process and without cause.”

Asked about the letter and the racial harassment allegations, a school district spokesperson declined to comment and referred KSL to the statement released last month.

Below is the full statement from SLC School Board President Melissa Ford and Vice President Nate Salazar, dated July 14:

“We heard this week from esteemed stakeholders regarding their desire for transparency in light of media reports about our superintendent. We appreciate hearing from our community and want to reassure our constituents that this important and sensitive issue is being addressed by the Advice in a manner consistent with state law.To protect everyone’s interests, including those of our employees, we do not comment on personnel matters.

“As a council, we will continue to abide by all laws, including the Open and Public Meetings Act, which governs discussions held in closed executive session. It is unfortunate that a council member knowingly chooses to speak topics that may have been discussed in While we have heard our community’s desire for more information, the Board is limited in its ability to confirm or refute the accuracy of any reported information due to our commitment to maintain the confidentiality of our executive in camera sessions.

“We remain committed to providing our students with the best educational opportunities and are grateful for the continued hard work and dedication of our employees as they prepare for the upcoming school year.”

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Utah economy

Utah real estate market stabilizes – Lehi Free Press

Sales are down, inventory is up, and price increases come to a halt. So why are so many Utahns still priced high on the real estate market? The median home price in Utah fell for the first time in nearly two years. In June, it fell to $530,000, down slightly from $535,050 in May.

Meanwhile, sales slow down considerably. From April to June, sales of single-family homes in Wasatch Front counties fell 10%, to 7,140 units sold, from 7,921 units sold a year earlier. Single-family home sales in Salt Lake County were down 15% from the second quarter of 2021 to 2,800 units sold from April to June of this year.

But don’t get too excited or jump to worrying conclusions, like the idea that Utah’s housing bubble will burst and prices will plummet.

The slowdown indicates that, as the Salt Lake Chamber put it, Utah property values ​​are beginning to “stabilize.” According to Dejan Eskic, a senior fellow at the University of Utah’s Kem C. Gardner Institute and one of Utah’s top housing experts, the news is welcome in a housing market that is punishing buyers. Of house. He is also the Salt Lake Board of Realtors’ top economist.


“After two years of a frenzied market with numerous offers in the tens of thousands of dollars over asking price,” Eskic said, “Utah’s real estate market is returning to normality.”

While homebuyers have struggled over the past two years to negotiate a tough market, often with just days to make a winning bid before a property is purchased, the market is gradually calming down.

“Instead of a few days, it will probably take a few weeks,” Eskic said.

It’s something that Eskic feels personally. He recalls the sense of urgency he felt when he bought his house during the frenzy, joking that he “probably spent more time deciding which running shoes to buy” than determining if he were to make an offer on his property.

So what does this mean for the Utah real estate market, and where do we go from here?


Yes, real estate prices are starting to stabilize. However, they are stabilizing at record highs, and for various reasons that Eskic will explain below, they are expected to remain high.

Housing prices in Utah are stabilizing, but at a higher level.

This is bad news for Utahans and the state’s housing affordability problem. Yes, higher mortgage rates of 5% to 6% these days have dampened demand slightly, but they’ve also cost 70% to 75% of Utahns, according to Eskic’s estimates. The typical monthly mortgage payment has fallen from $1,400 earlier this year, when interest rates were lower, to $2,600 today.

Again, context is crucial. The median home price in Utah has fallen slightly, but is still above $500,000. In January 2019, it was just under $300,000, according to

“So our prices are still out of this world,” Eskic said. However, he pointed out that the state’s year-over-year price increases had increased by more than 20% by the mid-teens.


Higher mortgage rates would no doubt cool what has been a runway market for years, but with Utah’s economy robust, jobs abound and the state’s housing shortage remains a chronic problem, demand will remain strong due to state expansion.

Why is Utah isolated from the rest of the country?

According to the Salt Lake Chamber’s Economic Scorecard, Utah has the third-lowest unemployment rate in the United States, tied with New Hampshire and after Minnesota and Nebraska. Utah’s consumer confidence, on the other hand, fell in June to its lowest level since data collection began in October 2020, matching national levels of consumer confidence in its 70-year history. .

That means Utah is “slowing growth as inflation and rising interest rates weigh on consumers,” according to Derek Miller, president and CEO of the Salt Lake Chamber.

Despite these issues, according to Miller, Utah’s economy is robust and “Utah remains a net positive for industrial growth across all sectors.”


Even though the “dirty word ‘R’ – a recession” is rife as the United States grapples with inflation and other issues, Utah has generally fared better than the rest of the country due to of its strong economic situation.

“We’re not immune…but we’re also in a little bubble,” Eskic said. “Our market has grown organically for a long time, and so regardless of what’s going on in the economy, (people) come here because they feel safe in Utah. They see less uncertainty in Utah because… we are stable.

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Salt lake city government

The North Carolina Court of Appeals will say more about how the judges ruled | app

RALEIGH, N.C. (AP) — North Carolina’s mid-level appeals court will now release more details about how its three-judge panels resolved certain issues before them.

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Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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Salt lake city

Utah House president to bring Great Salt Lake summit back

Ruben Gyoeltsyan crosses a sandbar on the edge of the Great Salt Lake, March 3, near Salt Lake City. Utah House Speaker Brad Wilson, R-Kaysville, said he would bring the Great Salt Lake Summit back in October. (Rick Bowmer, Associated Press)

Estimated reading time: 1-2 minutes

SALT LAKE CITY — Utah House Speaker Brad Wilson, R-Kaysville, said he would bring the Great Salt Lake Summit back to October.

This would be the second Great Salt Lake Summit, the first having taken place in January. Wilson said it should take place on October 13.

“(At the premiere) that’s really where we started the process of secondary water metering, water trust and agriculture optimization,” he said.

These things are now a reality in Utah, many of them passed during this year’s legislative session.

The first summit brought together researchers, conservationists, policymakers and other stakeholders to discuss policies and strategies to save the ailing lake, which has been in decline ever since.

Wilson said he was working very closely with Republican Utah Sen. Mitt Romney on solutions.

“He and I spend a lot of time together on his August vacation trying to figure out how the state of Utah can work with the federal government to help solve this problem,” Wilson said.

Romney recently introduced his own legislation for the US Army Corps of Engineers to study what might be feasible to get more water into the rivers that feed the lake.

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Salt lakes real estate

Decision time for Boston office owners

Boston’s Class B office market is feeling the brunt of declining leases in the era of the hybrid work model, with vacancies topping 22%. Photo courtesy of BPDA

With more than 3.8 million square feet of available space as remote and hybrid working take hold, Boston’s Class B office market looks like potentially fertile ground for conversion into thousands of new homes.

But will the developers take the plunge? City officials will take a closer look at multifamily conversions to address the dual specters of a declining central business district and housing affordability crisis. The Boston Planning & Development Agency will commission a feasibility study on the subject this fall, as a downtown zoning study resumes discussions of potentially higher building heights.

For now, interest in office-to-residential projects remains lower in Boston than in most similar cities, said Todd Dundon, principal of Gensler Architects.

“The most important reason is that everyone is more interested in developing labs, where the money is, than residential,” he said.

Beyond the life sciences alternative, developers and architects remain cautious of the hurdles associated with residential conversions. Complications include the difficult layout of older buildings and lots, costly surprises during construction, office lease expiration dates, and additional parking requirements associated with residential use.

Using a proprietary dashboard, Gensler analyzed more than 300 buildings in 25 cities and found that only 30% met its requirements for a housing conversion.

The program analyzes building shapes, floor plate characteristics such as the distance between building cores and the exterior, building envelope characteristics such as window size and operability, and building requirements. use of services, including loading areas and parking.

“That’s where you get into the old heritage buildings where it gets harder,” Dundon said. “A lot of them aren’t complete buildings. They have party walls on either side, which makes it very difficult to maximize units and pencil them out.

Other cities offer conversion grants

Major office-to-residential conversions already announced by developers elsewhere include One Wall Street and 55 Broad St. in Manhattan and the South Temple Tower in Salt Lake City. California’s budget for fiscal years 2023 and 2024 includes $400 million for converting office buildings into affordable housing. In June, Pittsburgh Mayor Ed Gainey offered $2.1 million in funding under the American Rescue Plan Act for office conversions into downtown housing.

Cliff Kensington, director of acquisitions for Brookline-based City Realty, said landlords have to consider long lead times as office leases expire.

“It’s never so clean to have a perfectly vacant building. There are still those one or two tenants scattered all over the place who still have years left on the lease,” Kensington said.

Oleg Uritsky, CEO of Boston-based Helge Capital Real Estate, points to additional parking requirements for multi-family uses as another barrier to conversions.

In January, Boston eliminated on-site parking requirements for 100% affordable housing developments, but did not change the rules for market-rate and mixed-income projects.

And home conversions can bring unpleasant surprises even after approvals and financing are secured.

“Most office buildings are old and once you start opening up the walls, you never know what you’re going to find there. You can find something very difficult that is not planned,” Uritsky said.

Office leasing momentum stagnates in 2022

The rise in office vacancy rates in the first half of 2022 indicates that leasing momentum for commercial tenants has lost momentum after a recovery last fall. The citywide office market has so far seen 777,000 square feet of negative absorption in 2022, according to data from Colliers. And Boston’s Class B office buildings are feeling the brunt of the downturn, with vacancy rates hitting a near-record 22.3% availability rate in the second quarter.

The BPDA will bring the issue to the fore when it commissions a feasibility study on the subject this fall, a spokeswoman said. And recovery of a downtown planning study could lead to higher zoning heights make multi-family projects more attractive to developers in commercial districts.

The Downtown Study covers some of the city’s most densely developed neighborhoods, from the Financial District to the Massachusetts Turnpike. Put on hold during COVID and due to resume after a BPDA downtown planner was hired, it investigated potential rezoning for higher base building heights.

But simply allowing taller buildings won’t necessarily spark a wave of expansion plans, architects and developers say. The potential for vertical expansion of existing buildings is limited by structural issues. Residential conversions require potentially costly upgrades to utilities, elevator clusters, and building envelopes to install operable windows, as required by building codes.

Physical upgrades can bring the cost of conversions to less than 15% of new construction, City Realty’s Kensington estimated.

“It’s not as simple as keeping [office tenants] up and leaning on top,” he said.

Time advantage over building from scratch

But many of these same barriers exist in New York, where architects are seeing growing interest from office owners. The Real Estate Board of New York estimates that office conversions could generate around 14,000 residential units in neighborhoods such as Midtown East, the Garment District and Flatiron.

Steve Adams

Developers cut courtyards in the middle of floor plates to create usable housing, said Eugene Flotteron, director of architecture and partner at New York-based architects CetraRuddy. Condominium conversions make up the bulk of the business, as they typically include larger units that move in more easily. Some developers added additional elevator and utility cores, said Flotteron, who estimated such projects cost between $150 and $250 per square foot.

Conversions offer a time advantage, with a typical project taking 12 to 18 months compared to two years for new construction, he said. A growing gap between Class A and B office rents in New York City has forced the hand of many landlords.

“At present [residential conversions] are all in pencil. It comes down to the highest and best utilization, and if they’re not collecting the rents from the new office buildings, it’s worth it,” he said.

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Utah economy

Floods strike a new blow in place that has struggled – ABC4 Utah

JACKSON, Ky. (AP) — Evelyn Smith lost everything in floods that devastated eastern Kentucky, saving only her grandson’s muddy tricycle. But she has no intention of leaving the mountains that have been her home for 50 years.

Like many families in this dense, forested region of hills, deep valleys and winding streams, Smith’s roots run deep. His family has lived in Knott County for five generations. They bonded with people who supported them, even as a region long mired in poverty lost more jobs with the collapse of the coal industry.

After rapidly rising floodwaters from nearby Troublesome Creek submerged his rental trailer, Smith moved in with his mother. At 50, she is disabled, suffering from a chronic respiratory disorder, and knows that she will not return to where she used to live; his owner told him that he would not put the trailers back in the same place. Smith, who had no insurance, doesn’t know what his next move will be.

“I cried until I couldn’t cry anymore,” she said. “I’m just in shock. I don’t really know what to do now.

For many people who have lost their homes, connections with family and neighbors will only become more important after the floods destroyed homes and businesses and engulfed small towns. Yet in a part of the state that includes seven of the nation’s 100 poorest counties, according to the US Census Bureau, they might not be enough for people already living on the margins.

“The poor people of eastern Kentucky are truly some of the most disadvantaged people in our entire country,” said Evan Smith, an attorney with the Appalachian Research and Advocacy Fund, which provides free legal services to people with low incomes. income and vulnerable. “And for those who have now lost vehicles, homes, loved ones, it’s hard for me to see how they are recovering from this.”

“I mean, people will,” Smith added. “People are sometimes more resilient than we can imagine. But without some kind of state and national help, I don’t know what we’re going to do.

He thinks some people who can afford to leave will, with younger people – less likely than their elders to try to rebuild where they are – more likely to seek employment elsewhere.

Coal once dominated the economy in this corner of Appalachia, providing the best-paying jobs in a place that struggled to support other types of work, but production has fallen about 90% since the height of 1990, according to a state report. . And as production declined, jobs disappeared.

The record flooding “couldn’t have come at a worse time,” said Doug Holliday, a 73-year-old attorney in Hazard, Ky., who represents miners with black lung disease and other health issues.

“The coal business has run out of steam and a lot of people have left,” Holliday said. “The people who stay are living paycheck to paycheck or Social Security, and most of them live in mobile homes on the periphery of the economy.”

Holliday believes an old friend died in one of these mobile homes, which was washed away by floodwaters and has not been seen since. He’s not the only one trying to account for people in what Gov. Andy Beshear called “one of the most severe and devastating floods” in Kentucky history.

There is a chance that the legacy of the coal industry, however diminished, has made the floods worse. The hardest-hit areas of eastern Kentucky received between 8 and 10 1/2 inches (20-27 centimeters) of rain over 48 hours, and land degradation caused by coal mining may have changed enough the landscape to help push the rivers and streams. to peak at record highs.

“Decades and decades of surface mining and mountain top extraction prevent the earth from helping to absorb some of this runoff during periods of high rainfall,” said Emily Satterwhite, director of studies. on Appalachia at Virginia Tech.

The North Fork of the Kentucky River reached 20.9 feet (6.4 meters) at Whitesburg – more than 6 feet (1.8 meters) above the previous record – and peaked at a record 43, 5 feet (13.25 meters) in Jackson, National Weather Service meteorologist Brandon Obligations said.

Melinda Hurd, 27, was forced to leave her home in Martin, Ky., on Thursday afternoon when the Big Sandy River surged up her steps – then kept coming.

“As soon as I walked down my steps, it was waist high,” she said. She is staying with two of her dogs at Jenny Wiley State Park in Prestonsburg, about 20 minutes from her home.

Hurd’s neighbors weren’t so lucky; some were stuck on their roofs, waiting to be rescued.

“I know our whole basement is destroyed,” she said. “But I feel very, very lucky. I don’t think it will be a total loss.

Hurd has a paid job caring for an elderly woman, which means she has no insurance or benefits.

Hurd’s home was also flooded in 2009 on Mother’s Day, destroying almost everything inside. She then received financial assistance from the Federal Emergency Management Agency and will likely need more help this time around.

During a briefing with Beshear, FEMA Administrator Deanne Criswell said more help was on the way. And the governor has opened an online portal for donations to flood victims.

Satterwhite said many residents will want to stay, held in place by attachments to extended families and support networks that sustain them through good times and bad.

Smith, the woman who recovered her 2-year-old grandson’s tricycle, said the rapidly rising water forced her off her trailer around 1.30am Thursday.

“Everything in there is covered in mud,” she said. “There’s probably 6 to 8 inches (15 to 20 centimeters) of mud in the parts. The walls are all waterlogged all the way up.

Despite all this, she does not leave Knott County. She thinks she could never do it.

“It’s the mountain,” she said. “It’s the land, it’s the people connecting to make it a home.”


Contributors include Anita Snow in Phoenix and Mike Schneider in Orlando, Florida. Selsky reported from Salem, Oregon and Schreiner from Frankfort, Ky.

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Salt lake city

What you need to know about the current number of cases, access to vaccines

Since monkeypox was first detected in Utah in May, there have been 32 confirmed and probable cases of the virus reported statewide.

Twenty-seven of those cases were reported in Salt Lake County, along with three in Utah County, according to the Utah Department of Health and Human Services.

A case has also been reported in Davis County and another in the Weber-Morgan Health Department. No cases have been reported in southern Utah.

The first two cases of monkeypox identified in the state were among the first in the country. Since then, there have been more than 5,000 monkeypox cases reported nationwide, including more than 2,000 in New York and California. The World Health Organization recently declared the monkeypox outbreak a global health emergencywith over 21,000 confirmed cases worldwide.

Nicholas Rupp, spokesman for the Salt Lake County Health Department, said Salt Lake County has received the majority of the monkeypox vaccine doses that the Centers for Disease Control and Prevention has assigned to the country. Utah for two main reasons: the county is experiencing a higher incidence. cases, and it tends to serve the “men who have sex with men” (MSM) community more than surrounding jurisdictions.

Anyone can get monkeypox, but Rupp pointed out that lately the health department hasn’t seen the virus spreading in the general community. This is why only people who have been in close contact with someone with monkeypox and members of the MSM community who have multiple sexual partners are currently eligible for the county’s limited vaccine doses, as the virus is currently spreading widely. within this population. Men who have sex with men who are in a monogamous and exclusive relationship with another person are not eligible at this time.

“If we see data that indicates we have a population that is experiencing cases, then we will change our tactics to treat that additional population as well,” Rupp said. “The key is to be nimble, so we can get the vaccine to populations that the data tells us are at risk.”

Salt Lake County received its first doses of the vaccine in early June, which were administered to people who had been exposed to the virus. The county received a larger supply of doses the week of July 11 and held its first vaccination clinic on July 14, where 525 people received a dose. Last week, the county received another shipment and began its third round of vaccinations for high-risk populations on July 22.

From July 14 through next week, about 900 people will have received one dose of the two-dose monkeypox vaccine from the county health department, Rupp reported.

Second doses, which can only be given at least 28 days after receiving a first dose, will not be available until mid-August.

“We feel like things are, so far, pretty much under control here locally,” Rupp said. “The public health system responded effectively and quickly.”

To minimize the spread of monkeypox, people with symptoms of the virus should immediately self-isolate and tell close contacts and partners to watch for symptoms, officials advise. Contact your local health department, health care provider, or visit a clinic near you. Then, get vaccinated as soon as you are eligible.

(Rick Bowmer | AP) Monkeypox vaccines are shown at the Salt Lake County Health Department Thursday, July 28, 2022 in Salt Lake City.

The Salt Lake County Health Department administers the JYNNEOS vaccine to eligible individuals, which has been approved by the United States Food and Drug Administration to prevent smallpox and monkeypox.

The JYNNEOS vaccine consists of two doses given at least 28 days apart. Individuals are fully vaccinated 14 days after their second injection. While the second dose is needed for full protection against the virus, Rupp said the first dose provides robust protection.

“The MSM community has been extremely responsive and responsible in getting the message out to each other and coming in and getting vaccinated,” Rupp said. “They want the vaccine. It’s not the case where we have to ask people, ‘Please come and get vaccinated,’ like we have been with COVID.”

“It’s really useful for public health,” he continued. “When we have more demand than supply, it can be a good problem.”

The monkeypox vaccine can prevent a person from contracting the virus and can also lessen the severity of the disease, as long as it is given to an exposed person within four days of exposure.

Much like the COVID-19 vaccine, populations eligible for vaccinations will change as vaccine doses become more widely available. As that happens, the health department plans to offer outreach clinics throughout the county and through its community partners, Rupp said.

The health department has partnered with Equality Utah, the Utah Pride Center and the Utah AIDS Foundation to ensure relevant information about monkeypox reaches populations currently at risk, including that the virus is not exclusively sexually transmitted.

Since May, Ahmer Afroz, executive director of the Utah AIDS Foundation, said the organization has fielded many calls from the community, mostly asking about monkeypox prevention and vaccinations.

“We have a very high level of trust among the people in the communities we serve, which also overlaps with those most affected by monkeypox right now,” Afroz said.

All vaccine doses available in Salt Lake County have been assigned to future appointments at this time. Rupp said Friday that the health department does not know when the next shipment of monkeypox vaccines will arrive in the state, or how large that shipment will be.

When the Salt Lake County Health Department encountered the state’s first two cases of monkeypox in May, officials knew they had to be proactive about messaging about monkeypox. The virus has spread widely within the MSM community, but misinformation could lead to homophobia and panic.

There are parallels between messages about monkeypox and the early days of the HIV/AIDS epidemic in the 1980s, Afroz said. At the start of this epidemic, AIDS was first referred to as “gay-related immune deficiency”.

While monkeypox has spread over the past few months, data shows that almost all current cases are in the MSM community – for now.

“That could change tomorrow,” Rupp said.

“On the one hand, if we’re so careful in our messages, we’re going to miss the people we need to reach; we’re not going to be specific enough or direct enough with them to give them the information they need to protect themselves,” he added. “But on the other hand, if we’re too specific and too direct about what the data is telling us, it could create defamation and stigma in the wider community for the MSM or GLBTQ community. So that’s really a fine line to balance.

Other communities that could then be affected by monkeypox could include sex workers, homeless people or those struggling with intravenous substance use disorders, Rupp added.

For now, the health department is focusing its supply of available vaccines within the MSM community because that’s where the virus primarily spreads.

“When we create this hysteria that [monkeypox] is a ‘gay disease’ or is only related to men who have sex with men, then we encourage people not to access health care,” Afroz said. “And then we create a hysteria where they absolutely don’t want to engage because we created this dangerous environment.”

Salt Lake City man who tested positive speaks out

Addison Jenkins, who lives in Salt Lake City, discovered a local free monkeypox vaccination clinic through Facebook and received her first dose on July 14 before heading to San Diego for a Pride event. While in California, he and three friends stayed in the same hotel room, occasionally sharing towels, clothes, and drinks.

After returning to Salt Lake City, a few of Jenkins’ friends and those they had been in contact with learned that they had tested positive for monkeypox. Jenkins himself began experiencing flu-like symptoms such as fever, body aches and chills last week. He tested positive for the virus on Wednesday.

“My case, as far as I know, was non-sexual transmission,” he said.

An important distinction, Rupp pointed out, is that monkeypox is not a sexually transmitted disease. It can be spread through sexual contact, but also on linens, clothing, other surfaces, and even through respiratory contact.

Jenkins wrote about his experience in a Twitter feed to combat this kind of misinformation he said he saw online. He had also noticed that people wondered why monkeypox vaccines were only available to men who have sex with men.

“That, to me, is so insane,” Jenkins said. “It is very clear that monkeypox is mainly spreading within the queer male social network. So it’s very important to focus our resources and our messaging on that right now. And it’s really helpful that the Gay Male Network distributes this information within them.

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Salt lake city government

Is Google Fiber coming to a city near you? Maybe it’s just

In March 2010, Google Fiber burst onto the ISP scene, offering cities the promise of high-speed broadband service. That promise, however, turned into an increasingly convoluted proposition that eventually forced the company to put its expansion efforts on hold in 2016.

When Google Fiber first launched, it provided cities with internet reaching speeds of up to 1 gigabit per second. To put that into perspective, the average household in the United States has an internet connection of just under 20 megabits per second (Mbps), according to Lifewire. Typical high-speed service ranges between 25 and 75 Mbps.

In March 2010, more than 1,100 cities applied to be the company’s first Fiber City, and a year later Kansas City, Kansas was chosen, closely followed by Kansas City, Mo. This would lead to the fiber implementation across Kansas. -Missouri border in 2012.

And the business would continue to expand to the following cities between 2012 and 2016: Olathe, Kansas; Austin, TX; Provo, Utah; Atlanta, Georgia; Charlotte, North Carolina; Huntsville, Alabama; Nashville, TN; Orange County, California; Salt Lake City, Utah; San Antonio, TX; and The Triangle, North Carolina

Other cities like San Francisco, Oakland and San Diego, CA; Denver, Colorado; Seattle, Washington; Chicago, Ill.; Miami, Florida; and Boston, Mass., were also added to the list of coverage areas thanks to an agreement that took place shortly before the company suspended operations.

But in 2020, Google Fiber announced it was back in the internet service game and working with city officials in West Des Moines, Iowa.

At the time, a company press release stated, “West Des Moines marks our first new market in over four years. During this time, we focused on improving our customer experience in terms of speed, reliability and service.

So far, some areas of West Des Moines are connected via Google Fiber. The company is currently building a citywide duct network to run fiberglass lines through these ducts to reach local homes and businesses.

In addition to West Des Moines, Google Fiber also announced that it is expanding its footprint to Mesa, Arizona.

On July 11, Mesa City Council members voted unanimously to approve licensing agreements with Google Fiber and other service providers — like SiFi, Ubiquity, and Wyyerd — to provide residents with internet connection options. .

“Reliable high-speed internet is not a luxury, it’s an essential service like water or electricity. The way the world works today, no one can afford to be disconnected,” Mesa Mayor John Giles said in a news release. “These partnerships bring us closer to our goals of bringing fiber to every home and business, increasing affordable connectivity for residents, and future-proofing our city.”

Overall, this effort aims to bring additional network connectivity to 264,000 city premises and 2,470 street miles, according to the city.

Regarding Mesa’s current internet landscape, a household survey found that 75% of residents currently have some form of fixed broadband connection. Additionally, 8% of residents rely on their mobile phone data to connect.

Due to this service gap, the city is also looking to expand the current downtown Wi-Fi network to cover an additional nine square miles, impacting city parks, pools and libraries and rolling out a Citizen Broadband Radio network. System in underserved areas.

As for Google Fiber, now that the Mesa City Council has approved all licensing agreements, the internet service provider will begin the process to get permission from the city to begin installing fiber.

However, Mesa may not be the latest city added to Google Fiber’s list of coverage areas this year.

According to an article from, other potential fiber cities are also in the works.

These cities are based in Utah and have an estimated completion date between 2022 and 2023. These cities include Riverton, Millcreek, Taylorsville, South Salt Lake, Holladay, Woods Cross, and Draper.

These plans were confirmed by Mark Strama, Google’s general manager for expansion markets.

“We’ve expanded to a bunch of new cities around our footprint in Utah. We’ve also expanded into Smyrna, for example, around Tennessee, into our footprint in Nashville,” Strama said. Government technology. “We will continue to grow around our existing footprint for the long term.”

As for other things to come, Strama said the company’s near-term goals include continuously improving broadband internet and service quality standards and building a scalable deployment model. to create and maintain a financially viable business.

At the same time, the long-term goals are to bring Google Fiber into more communities and inspire the industry to achieve similar goals.

“I think the way people use the internet has already evolved over the past three years and will continue to evolve as bandwidth increases, and more people get better internet speeds and are able to do more on the internet” , Strama said.

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Salt lakes real estate

Anaheim company buys 10 La Quinta retail properties for $35 million – Orange County Register

Ten buildings at One Eleven La Quinta Center have been sold for $35 million to Milan Capital Management in Anaheim, according to Investment Properties Group of SRS Real Estate Partners.

The mall built in La Quinta between 1993 and 2007 sits on 12.95 acres at Washington St on Route 111.

SRS senior vice presidents Chris Tramontano and John Redfield represented the seller, a Coachella Valley-based family. The buyer represented himself.

Center tenants who were part of the sale of the property include Ross Stores, Staples, Petco, Big 5 Sporting Goods, among others. The center is “ghost” anchored by tenants that include Stater Bros, Hobby Lobby and Kohl’s.

“…The seller was ready to hand over to a large operator in Southern California. This transaction had its challenges and many emotional pieces, thankfully all outside of the high quality real estate that was purchased,” Redfield said.

A joint venture between Irvine-based Greenlaw Partners and Mirae Asset Global Investments recently acquired the last of three industrial buildings leased by Amazon in Utah. The deal, totaling 547,290 square feet, was worth a total of $291.5 million. (Courtesy of Cushman & Wakefield)

The Greenlaw joint venture completes the purchase of 3 logistics buildings in Utah

A joint venture between Irvine-based Greenlaw Partners and Mirae Asset Global Investments recently acquired the last of three industrial buildings leased by Amazon in Utah, according to Cushman & Wakefield.

The deal, totaling 547,290 square feet, was worth a total of $291.5 million. The seller was Gardner Batt.

The third building in the City of West Jordan was completed this spring and spans 200,000 square feet on 76 acres. It sold for $103.8 million on July 7. The other two building sales included a new 201,096 square foot building completed in 2021 on over 56 acres in Salt Lake City and a 146,194 square foot building completed in 2020 in American Fork. The Greenlaw firm purchased the pair of buildings for $187.75 million.

Jeff Chiate, Mike Adey, Brad Brandenburg and Matthew Leupold of the Irvine office of Cushman & Wakefield, and Tom Freeman and Travis Healey of the Salt Lake City office of Cushman & Wakefield represented the seller in all three transactions.

“Industrial sites remain in high demand from investors due to continued robust tenant activity across many industries in the sector and quality industrial supply which remains limited,” Chiate said.

Westport Properties in Newport Beach and Invesco jointly acquired eight self-storage facilities in Tennessee, North Carolina and Oregon.  Pictured is the Raleigh complex, which has 686 units.  (Courtesy of Westport Properties)
Westport Properties in Newport Beach and Invesco jointly acquired eight self-storage facilities in Tennessee, North Carolina and Oregon. Pictured is the Raleigh complex, which has 686 units. (Courtesy of Westport Properties)

Westport launches purchase of storage units

Newport Beach-based Westport Properties and Invesco have acquired eight self-storage facilities in Tennessee, North Carolina and Oregon.

Terms of the acquisition were not provided by either company.

The partnership rebrands the properties under the US Storage Centers brand with Westport Properties as the operator.

The properties include: 1,347 units in three complexes in Clarksville, Tennessee; 686 units and 52 parking spaces in Raleigh, North Carolina; 646 units in Durham, North Carolina; 674 units in two complexes in Bend, Ore.; 491 units in Winston Salem, North Carolina

Invesco and Westport represented themselves in acquisitions.

IHP Capital Partners in Newport Beach and homebuilder KB Home have begun work on a new townhouse community in Carlsbad.  The two companies are converting a 20-acre nursery in northern San Diego County into 248 three-story townhouses and 46 affordable apartments for renters over 55.  (Courtesy of IHP Capital Partners)
IHP Capital Partners in Newport Beach and homebuilder KB Home have begun work on a new townhouse community in Carlsbad. The two companies are converting a 20-acre nursery in northern San Diego County into 248 three-story townhouses and 46 affordable apartments for renters over 55. (Courtesy of IHP Capital Partners)

Townhouse community ushers in North San Diego

Newport Beach-based IHP Capital Partners and homebuilder KB Home purchased and are currently building Marja Acres in Carlsbad.

The two companies are converting a 20-acre former nursery in northern San Diego County into a new housing community that will include 248 three-story townhouses, 10,000 square feet of commercial space and 46 affordable apartments for adults of 55 and over.

The community at 4901 El Camino Real, between Kelly Drive and Cannon Road, will feature three-story townhouses in two design styles: Modern Farmhouse and Contemporary. Facilities will include a one-and-a-half-acre village green, four pocket parks, a dog park and a community center with a swimming pool, barbecue area and bocce court.

Construction of model homes is expected to begin later this year with sales opening in 2023, according to IHP. The price of the house will be published at a later date.

Daniel “Dane” Rowland is the new Head of Commercial Properties and Professional Associations for Irvine-based Guthrie Development Co. (courtesy of Guthrie Development)


Daniel “Dane” Rowland is the new head of commercial properties and commercial associations for Guthrie Development Co., based in Irvine. Previously, he held multiple roles and responsibilities at Irvine Co. With over 15 years of property management experience, Rowland will be responsible for overseeing the day-to-day operations of properties owned by both Guthrie Development and Guthrie-managed trade associations. Asset Management.

Real estate transactions, leases and new projects, industry hires, new companies and upcoming events are compiled from news releases by editor Karen Levin. Submit high-res articles and photos via email to Business Editor Samantha Gowen at [email protected] Please allow at least a week for posting. All elements are subject to change for clarity and length.

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Utah economy

Do Scandals Really Help This GOP Candidate?- POLITICO

In 2018, Eric Greitens resigned as governor of Missouri after being accused of sexual assault and financial impropriety – he denies both.

In March this year, his ex-wife, Sheena, accused him in a affidavit of hitting her and their young son after the resignation – he denies that too.

And in June, he posted a now-notorious ad showing him carrying out a fake armed raid on a house looking for “Republicans in name only.” (That one, he doesn’t deny; it was a viral fundraising success, according to his campaign.)

You might call his Senate run “scandal-ridden.” Indeed, recent polls have shown his months-long lead in the field slipping. But like many Trump-era GOP politicians, Greitens tries to turn all that negative press to his advantage, portraying himself as an anti-establishment hero battling mainstream media and corrupt politicians.

Kathy Gilsinan traveled across Missouri to learn more about why Greitens, despite or even because of his many scandals, still appeals to so many voters — and why some of his former allies have turned on him. For politicians like Greitens, she writes, “outrage is a feature, not a bug.”

Read Gilsinan’s story.

“[He is] an evil old man who baits work, plays poker and drinks whiskey.

Can you guess who said that about FDR Vice President John Nance Garner in 1939? Scroll down for the answer.**

Bad buds… A Washington lobbyist is suing former House speaker turned marijuana maven John Boehner, claiming he stole talking points on legalization and stole the idea of ​​creating an umbrella cannabis advocacy group. Lawyers for the defendant released a statement last month that boils down to: What is this guy smoking?

Whether you’re on Team Boehner or not, the lawsuit is a window into the cutthroat nature of the cannabis business in Washington’s political influence industry, writes Michael Schaffer in this week’s Capital City column.

44 percent… of Gen Zers aged 18-25 think there will be another Civil War in the United States – a higher percentage than any other political, geographic or demographic group we surveyed, including liberals (32%) and conservatives (30%).

Utah Interpartisan Test… Evan McMullin rose to prominence as a protest candidate against Donald Trump in 2016. Now the conservative is back on the ballot – not as a gadfly, but as a strong contender to unseat the Utah senator Mike Lee.

McMullin’s candidacy is the perfect trial balloon for cross-partisan efforts to defeat far-right Republicans in red states, writes Samuel Benson. He will have to unite Republicans skeptical of Trump, independents and Democrats willing to compromise. Utah has all three.

If you’re totally confused if we’re in a recession right now, don’t be ashamed. Republicans insist we are. The Democrats are shouting that it is not. And economists, as they often do, say maybe yes, maybe no. It depends on what you mean by “recession”. Here’s how to sound smart about it without heavy lifting. (From POLITICO’s chief economics correspondent, Ben White.)

– It is not true that we are “officially” in a recession even if the Republicans say so. Yes, we have had two consecutive quarters of economic contraction as measured by gross domestic product, an element of a classic recession. But the GDP numbers we have now are subject to revisions. And other areas of the economy, like job growth and consumer spending, are unlike any recession we’ve ever seen.

– Believe it or not, there is actually an official recession designation body. Amuse and wow your friends by telling them it’s the National Bureau of Economic Research, or NBER to the crowd. The economic wizards behind the curtain at the NBER often don’t decide whether a period is a recession until well after the recession in question has ended.

– When making this call, NBER economists look at a series of data. If the data shows a broad contraction in economic activity over an extended period, they call it a recession. That is just about everything. And we are not there yet.

– Finally, frown in any economic conversation and say, “We’re not in a recession right now, but we could soon be one if the Fed goes too far.” Drop the mic and go.

– If you’re forced to follow, just say the Federal Reserve raises interest rates to fight inflation, but if it “pumps the brakes” too hard, the good stuff in the economy (jobs and spending) could go wrong. And THAT would definitely be a recession.

Historian Ted Widmer found another piece of history on sale this week: A vintage LEGO model of the International Space Station.

News that Russia will withdraw support for the ISS after 2024 marks the end of a long era of scientific collaboration dating back to July 17, 1975, when cosmonauts and astronauts shook hands for the first time in space. It was a welcome sign that the Russians and Americans could work together, above ground, even if they still had some problems at ground level.

It is too early to tell if a new version of the Cold War is beginning. But a remarkable collaborative experience comes to an end. For those who wish to retain the vision of the ISS as a unifier, floating high above our earthly differences, a vintage Lego model can be found on eBay for $104.99.

Putting on for power… When the PGA pulled tournaments from Trump complexes in 2016 and 2021, it would have ” empty ” the chief golfer. This weekend he wants revenge by hosting the LIV Golf Tour, a flashy upstart luring some PGA pros with Saudi money – despite bitter criticism from families who lost loved ones on 9/11.

But this isn’t Trump’s first foray into alternative sports. Jeff Pearlman, the author of a book about Trump’s blunder in the United States Football League in the 1980s, tells Ian Ward that there are parallels between the two sports insurgencies supported by Trump.

This imagedated 1910, shows Franklin D. Roosevelt teasing his cousin, Jean Delano, on the sailing ship Half Moon II in Campobello, New Brunswick, Canada.

FDR first visited Campobello Island when he was one year old and spent many subsequent summers vacationing there with his parents, then his wife and children. Here he developed a love for the ocean and sailing. It was also there that he first contracted polio aged 39 – after swimming in the ocean he began to suffer from a fever and weak legs, which led to partial paralysis.

Roosevelt Campobello International Park is now dedicated to the memory of FDR. It also symbolizes the American-Canadian bond, due to the island’s position in Passamaquoddy Bay, which forms the border between Maine and New Brunswick.

** Who dispelled? answer: The labor movement may have liked FDR, but some leaders weren’t too keen on his vice-president. This beard came from John L. Lewis, president of the United Mine Workers of America from 1920 to 1960.

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Salt lake city

Basketball Pro-Am: Utah-based Powder League booming in third year

Air conditioning is nowhere to be found inside the hot and somewhat cramped gymnasium at Judge Memorial Catholic High in Salt Lake City, but people playing or watching Powder League basketball games on this 95 degree night doesn’t seem to care.

“If you really love basketball, this is where you want to be,” said former University of Utah star Tim Drisdom, who himself is one of the nine Powder League teams, but who is just watching another former Ute, Parker, tonight. Van Dyke, leaves for a league record 85 points for the Berger team.

As Van Dyke’s points pile up and trendy music blares during the action, Drisdom, his brother, and several other strangers bump their chests and grow increasingly animated as they root for the old East High star.

“That’s what we envisioned when we started a few years ago. We are proud of how far we have come. Keep in mind, however, that we still have a long way to go to get to where we want to be. Keegan Rembacz, co-founder of the Powder League

Despite the heat – somewhat muted by large fans circulating air at various strategic locations around the historic site – the scene is lively, energetic and optimistic.

“It’s a billion degrees in here,” laughed former Utah State star Danny Berger. Berger can afford to laugh — he’s the founder of the league’s best team, Team Berger.

On a balcony overlooking the north end of the field, not far from where the late and legendary judging coach Jim Yerkovich used to design game plans in his memorabilia-filled office, the Powder League founders , Neema Namdar and Keegan Rembacz, look on with a sense of pride. and accomplishment.

“That’s what we envisioned when we started a few years ago,” Rembacz said. “We are proud of the progress made. Keep in mind, however, that we still have a long way to go to get to where we want to be.

The Powder League is a nine-team summer pro-am basketball league made up of current and former college stars, a few NBA players, and a fair share of guys — such as Van Dyke and alumni BYU stars Zac Seljaas and Yoeli Childs – who are making a living in the NBA’s G League or playing overseas.

“I would call it a big AAU game for grown men because these games are very competitive,” Namdar likes to say, referring to the traveling All-Star Summer Tour which features youngsters playing in cities such as Las Vegas, Indianapolis, Houston and Atlanta while trying to get the attention of college coaches.

Friends at Sandy’s Alta High years ago, before Rembacz went on a church mission to Spain and Namdar played varsity hoops at Southern Utah, USU-Eastern at Price and Hawaii Pacific University, the duo formed the league in the summer of 2020 during the pandemic and played games that year at a small facility in Lehi.

In the second year, they played games on Tuesdays, Thursdays, and Fridays at American Preparatory Academy, a charter school in Draper, and had 12 teams.

This year, they decided to move to hipper, more populated Salt Lake City, and found Judge’s old gymnasium a good, perhaps temporary, fit. The founders said Justice Memorial officials were great to work with and they knew the gym didn’t have air conditioning when they signed up.

“We wanted a more centralized location and a place to accommodate the NBA guys who come to play in town because they usually stay in Salt Lake City,” Namdar said. “It’s a place where they can get off the plane and be about 10 minutes from the gym.”

As for the reduction of the league from 12 to nine teams, Namdar said it was not because the players lost interest. On the contrary, they do not want the product to suffer.

“We tried to make the teams more competitive and homogeneous. It really changed the league because you never know who’s going to win every night,” said Namdar, who played professionally in Brazil last winter but plans to play in Europe or the Middle East this fall. Or he could return to Brazil.

Games now take place at 7 p.m. and 8:30 p.m. on Wednesday and Friday evenings. Namdar said Friday nights are the busiest, especially when NBA players such as Rayjon Tucker are in action.

“Honestly, for our third year, it’s going well,” Namdar said. “Having him in Salt Lake has been great. I feel like there are more people here. … It’s hot, like the old school AAU games in Vegas, but it makes basketball even more difficult, and everyone is ready to play, staying loose.

Drisdom, who played all three years and was the head coach of Intermountain Christian School for the past five years, said the league has steadily improved.

“They added better players,” said Drisdom, who is leaving ICS. “Except for the heat, I think it’s a good place. The fact that they were able to keep it going (despite) COVID and all of that for the past two years has been really good. I enjoyed playing it and I think it will remain so for a long time.

Last Wednesday, the old American Fork star Tanner Cuff and his Salt Lake Community College teammates (Team Covington) got into a close match with Team Bullock, which had former NBA G League player Kentrell Barkley.

The SLCC Bruins reached the NJCAA National Championship Game last March in Hutchinson, Kansas.

“This league has improved in every way, like advertising, social media, everything,” said Cuff, who will be a sophomore this fall. “All the players have improved, so the competition is better. And there are also more fans. It’s just a good time.

Ahead of his record performance – he was 18 of 27 from 3-point range – Van Dyke said the new site is closer to top players and the league has grown every year to the point that word is spreading beyond Utah.

“It’s pretty impressive how it’s improved every year, not only the competition, the quality of the players, but also the way it’s run, the organization and all that,” Van Dyke said. “It’s only going to get bigger and better, just because the exposure is better. I think there are great players out there who want to be a part of it – NBA guys, guys like that.

Van Dyke leads the league in scoring with an average of 40.4; Seljaas is No. 2 with 30.6 points per game and was the MVP in last Saturday’s All-Star Game.

“Being able to play this summer is great,” said Van Dyke, who is returning to Germany for a second season playing there. “Finding a really good competition to play against in the summer, creating a feeling of play in the summer, that’s hard to do. To have that available is great.

Rembacz says the league is loosely modeled after the Los Angeles-based “Drew League” which attracts not only big crowds, but top-notch NBA talent as well. Superstar LeBron James played there a few weeks ago. The graphic designer and branding consultant said there’s no reason the Powder League – named after the famous Utah snow – couldn’t become something similar.

“You put Donovan Mitchell in a Powder League game, that would be just as packed,” he said. “There would be so many people here it would be crazy. It’s about involving the community to show them that it’s something cool that will improve the basketball culture of the community as a whole.

Rembacz said the nonprofit Powder League’s time would come.

“It’s just a matter of being patient,” he said. “We’re patient because we know what we’re doing works and people love it.”

Now, about that air conditioning.

Tanner Cuff shoots an off-center layup during a Powder League basketball game between Team Covington and Team Bullock at Judge Memorial Catholic High School in Salt Lake City, Utah on Wednesday, July 20, 2022.

Adam Fondren, for the Deseret News

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Utah economy

Housing Market: Are Utah and Idaho Stable Places to Buy a Home?

Yes, housing markets in the West — including Utah — went haywire after the COVID-19 pandemic sent many Americans shopping.

The rush for housing in fast-growing and relatively more affordable areas like the West has sent prices skyrocketing. But now that rising mortgage rates are tempering demand, does that mean prices are about to plummet?

The answer to this question is nuanced. While experts aren’t predicting home values ​​will plummet like they did in 2006, some say it’s possible that prices in particularly “overvalued” regional markets could see prices fall by as much as 10% over the next year, perhaps even up to 20% if an economic recession hits. Some economists have particularly looked at Boise, Idaho as an area with the greatest chance of this happening.

But what about Utah?

Beehive State, with its years-long housing shortage, rapid population growth, strong job market, and desirable proximity to world-class hiking and skiing, still faces quite a significant housing demand – and economists have ranked its regional markets as having a lower risk of falling home prices than the Boise market.

And this week, CNBC ranked Utah first for having the most “stable” housing market, according to the outlet’s America’s Top States for Business study.

“No matter how you look at it, the housing market in the Beehive State is booming,” CNBC reported.

“Prices are rising at the second highest rate in the nation, but with the fastest pace of construction in the nation, plenty of new inventory is on the way to Utah. Foreclosures are manageable and home equity is strong in the country’s largest housing market.

CNBC also had a more optimistic rating for Idaho than other economists like Moody’s Analytics, which told Fortune Boise prices could fall by up to 20% in a recession.

Instead, CNBC ranked Idaho as the No. 5 most stable housing market in the nation.

“Idaho’s housing market has been a gangbuster for some time now. Buying a home in the Gem State is not for the faint of heart,” CNBC reported. “But new construction is slowly starting to relieve the inventory squeeze. Rising foreclosures are a potential red flag if the economy tips into a recession.

Here’s how CNBC’s “stable” housing markets ranked. The outlet considered the states’ economic rankings in 2022, year-over-year price appreciation, new construction by year, and the rate of foreclosures and insolvencies for the ranking.


Economic ranking 2022: No. 6 (Top States Grade: A).

Appreciation: 27.1%.

Housing starts per 1,000 inhabitants: 12.2.

Seizure rate: 1 in 2,063 dwellings.

Underwater mortgages: 1.4%.


Economic ranking 2022: No. 3 (Top States Grade: A).

Appreciation: 20.1%.

Housing starts per 1,000 inhabitants: 7.3.

Seizure rate: 1 in 4,965 dwellings.

Underwater mortgages: 1.2%.

3. Florida

Economic ranking 2022: No. 4 (Top States Grade: A).

Appreciation: 25.7%.

Housing starts per 1,000 inhabitants: 9.6.

Seizure rate: 1 dwelling out of 1,211.

Underwater mortgages: 1.4%.


Economic ranking 2022: No. 8 (Top States Grade: A-).

Appreciation: 19.3%.

Housing starts per 1,000 inhabitants: 8.9.

Seizure rate: 1 in 2,326 dwellings.

Underwater mortgages: 2.5%.


Economic ranking 2022: No. 5 (Top States Grade: A).

Appreciation: 27%.

Housing starts per 1,000 inhabitants: 10.5.

Seizure rate: 1 in 6,015 dwellings.

Underwater mortgages: 1.6%.

6. Tennessee

Economic ranking 2022: No. 2 (Top State Grade: A+).

Appreciation: 24.1%.

Housing starts per 1,000 inhabitants: 8.2.

Seizure rate: 1 dwelling out of 2,797.

Underwater mortgages: 2.9%.

7. Vermont

Economic ranking 2022: No. 33 (Top State Grade: D+).

Appreciation: 20%.

Housing starts per 1,000 inhabitants: 3.2.

Seizure rate: 1 in 13,930 homes.

Underwater mortgages: 1.1%.


Economic ranking 2022: No. 22 (tie) (Top States Grade: C-).

Appreciation: 27.4%.

Housing starts per 1,000 inhabitants: 9.

Seizure rate: 1 dwelling in 1,861.

Underwater mortgages: 1.4%.

9. South Carolina

Economic ranking 2022: No. 13 (tie) (Top States Grade: B-).

Appreciation: 21.4%.

Housing starts per 1,000 inhabitants: 9.5.

Seizure rate: 1 dwelling out of 1,081.

Underwater mortgages: 3.4%.

10. South Dakota

Economic ranking 2022: No. 12 (Top States Grade: B-).

Appreciation: 20.1%.

Housing starts per 1,000 inhabitants: 8.8.

Seizure rate: 1 in 17,724 dwellings.

Underwater mortgages: 4.8%.

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Salt lakes real estate

Bureau Real Estate promises to show consumers a better way to buy and sell their homes

SALT LAKE CITY, July 26, 2022 /PRNewswire/ — Bureau Real Estate opens in Utah today with a pledge and a promise to its customers: there is a better way to buy and sell your home. Founded by the best players in the real estate industry, Shane Herbert and Mat Stouffer, Bureau Real Estate sets the bar high in broker-managed customer service, delivering a customer-focused experience at a down-to-earth pace.

Bureau Real Estate is launching two new systems that make its approach unique: a personalized technology platform and an in-depth back-office engagement that offers Bureau Real Estate agents unprecedented support in the field. This combination allows Bureau agents to focus on customer service, turning what is usually a stressful and confusing process into a positive and memorable experience.

“Regular communication with customers is key,” says Shane Herbert, Founder and CEO of Bureau Real Estate’s parent company, Bureau One. “Homebuyers and sellers need to know where things are, what’s coming next, how things are going, what to expect. It takes time, energy and careful attention. And most agents in this industry don’t have the support they need to do that effectively.”

“Bureau’s team approach sets us apart from other traditional brokerages,” says Mat Stouffer, co-founder and COO of Bureau One. “We have hired a multitude of experts in different fields to relieve many responsibilities from agents, so that they can focus on what is important: building trust with their customers, networking among peers, deepening their knowledge of the market and effective trading.”

“Handling multiple transactions, seeing them work through issues and hurdles, communicating these things to the people who need this information, it’s hard work. And it’s hard to pull through on your own,” Herbert says. “We’ve taken the loneliness out of being a real estate agent because it’s the surest path to giving home buyers and sellers a better experience.”

The technical aspect of Bureau Real Estate’s revolutionary new approach arms agents with new digital tools that streamline and consolidate mundane and time-consuming tasks into one easy-to-navigate platform. Repetitive tasks are automated, email and SMS communications centralized, forms and filings standardized. “Every step of the transaction, every message, every form is there,” Stouffer says. “If you believe, like us, that a better customer experience starts with relieving agents, then give them everything they need to succeed: great tools and reliable backup.”

Unlike most traditional brokerages, Bureau Real Estate also takes an active role in resolving issues with a property before a problem becomes a potential obstacle to a sale. The company has assembled accredited specialists who can quickly and reliably perform home inspections, coordinate with suppliers and take care of minor repairs. Bureau then handles the building of the listing with compelling descriptors, top quality photography, virtual tours, videos, and more.

Herbert and Stouffer typed Leanne Burk Parry to hold the position of President of Bureau Real Estate. After a 20-year professional career with Sotheby’s International, Parry brings to his new role a mastery of client management and a commitment to service. “It’s so exciting. Bureau’s ethos of putting customers first, the technology we bring to the field and the culture we create – it’s like we’ve been given this chance to design the experience ideal and do everything right,” says Parry.


Bureau Real Estate sets the bar high in broker-managed customer service, standardizing clear, simple communications and the consistent delivery of exceptional, high-quality service. Advanced digital tools and real field agent support means more time spent meeting customer needs, transforming the home buying and selling experience. To learn more, visit

Media Contact:
Laura Henson
HVM Communications
[email protected]
(917) 539-7812

SOURCE Office Real Estate

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Utah economy

How do small towns get flights? Thanks to Essential Air Service

If you look on a map, Page, Arizona, looks quite remote. It is surrounded by desert on the shores of Lake Powell, just across the border from Utah. By car, Page is about 4.5 hours from Las Vegas or Phoenix, the nearest major cities.

And yet, this city of about 7,500 people offers two daily flights to Phoenix thanks to the Essential Air Service program, a subsidy that allows small communities to stay connected to the national air network.

These flights help keep Page’s tourism-dependent economy afloat, said Michael Schneider, regional sales and marketing manager for Aramark, which operates Colorado River tours from Page under the Wilderness River Adventures brand in contract with the National Park Service. .

“We really rely on these Essential Air flights,” Schneider said. “We need tourists to come to keep the economy alive on Page. That’s what most people work in, our restaurants, our hotels, our tourism-type businesses. That’s pretty much what on how the city works.”

DOT complaint data shows passengers are still not satisfied with the air service

Ask the captain:Answers to all your air travel questions

What is Essential Air Service?

The Essential Air Service (EAS) program is a government grant that subsidizes airlines to fly to smaller communities.

EAS was developed in response to airline deregulation legislation passed in 1978, according to Daniel Friedenzohn, professor of aeronautical science and associate dean of the College of Aviation at Embry-Riddle Aeronautical University in Daytona Beach, Florida. .

“Some markets may not be able to get air service without subsidies,” he said. “It has allowed some communities to have air service that they wouldn’t have without this Essential Air Service program in place.”

What are Essential Air Service flights like?

It can really vary. There are minimum requirements for aircraft size and frequency, but operators have a lot of leeway when it comes to the aircraft they use and the type of service they offer on board.

“You may not get all the benefits of flying on a regional jet or even a larger airliner, but it is generally a reliable service and in many case, the flight is not that long,” Friedenzohn said.

At least on the Page-Phoenix route, which is operated by Contour Airlines, flights typically last less than an hour and are similar to those operated by major airlines with larger planes, according to Schneider.

“They have refreshment services, they have a bathroom, it’s quite similar to a normal jet, just much smaller,” he said.

A Contour Airlines ERJ-135 jet, which the carrier uses for Page-Phoenix flights

How can travelers book Essential Air Service flights?

It also depends on the operator, but most flights can be booked like any other airline.

“In today’s world, you book on the website if you can, and obviously everyone uses the internet these days or an app,” Friedenzohn said. “For some people it may be unique because people don’t know the airline in question.”

The Basics of Basic Economics:What travelers need to know about these cheap tickets

How are communities eligible?

EAS-eligible communities in the continental United States must have received grants between September 30, 2010 and September 30, 2011 and must be at least a 70-mile drive from the nearest major airport. They must also maintain a minimum of 10 passengers per subsidized flight on average per day each year, unless it is more than 175 miles from the nearest larger airport. The subsidy is limited to $200 per passenger on average, except for communities located more than 210 miles from major airports.

Communities in Hawaii and Alaska have different requirements, and the DOT stopped adding new communities to the EAS list in the lower 48 in 2012.

The Ministry of Transport website has more technical details on the qualifications.

“It’s important that people (who) live in the community can connect to major flights,” said Schneider, who lives in Phoenix. “I can hop in a cab and be at the airport in 10 minutes and fly to a foreign country, they don’t have the luxury of doing that,” but the EAS service allows people in small towns to make those connections easier.

What are the requirements for airlines to operate Essential Air Service flights?

Airlines bidding for EAS contracts must generally plan to operate at least two daily flights to the subsidized community on 30- or 50-seat aircraft. Operators can also use smaller planes, including those with nine seats or less, and fly at higher frequencies.

Friedenzohn, of Embry-Riddle, said the DOT sometimes relaxes those requirements on a case-by-case basis.

In 2021, DOT spent nearly $340 million in EAS grants.

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Salt lake city

Real Salt Lake Falls for the first time at home in 2022

SALT LAKE CITY – Real Salt Lake fell to FC Dallas 1-0 to end an 11-game unbeaten streak at home to Rio Tinto Stadium.

“There was a 10-minute patch in the first half where we were careless with the ball,” manager Pablo Mastroeni said when asked what his message to the team was after the loss. “We put ourselves in really uncomfortable transition times and we didn’t handle that well and we just didn’t adapt to the decisions we were making,” he added.

Manager Pablo Mastroeni went with an unchanged roster since demolishing Sporting Kansas City 3-0 a week ago. Still, he added Scott Caldwell to the bench after recently clearing the league’s health and safety protocol.

The first five minutes were filled with mistakes and reckless turnovers for both teams.

Real Salt Lake created the first chance of the night in the 8th minute when Maikel Chang found Sergio Córdova’s forehead but the shot went straight into the throat of FC Dallas goalkeeper Maarten Paes.

Minutes later, FC Dallas found the game’s first goal when Justin Meram uncharacteristically turned the ball into his own defensive third, leading to a fairly straightforward touch from Jesus Ferreira.

Waste in front of goal

The rest of the match was filled with good build-up play by Real Salt Lake with nothing to show for it. The ball was fumbled, scuffed, missed and mishandled by the RSL forwards.

“We were sloppy, sloppy in the first half and they took advantage of it and we could never get it back,” Justen Glad said after the game.

In the 30th minute, RSL came as close as they would all evening when Chang linked up with Aaron Herrera who whipped a ball across the face of goal which Jefferson Savarino failed to convert with his header on the goal line. The ball bounced once before going over the crossbar for a corner, after being last touched by an FC Dallas defender.

In the 40th minute, Paes made another goal-line save when Andrew Brody’s back-post header was stopped inches from the near post on the goal-line.

The frustration continued to mount as the minutes went by, Real Salt Lake started shooting from range but was never able to test Paes who seemed to see the ball very clearly no matter what Real Salt Lake was trying to muster.

Tempers flared in the 85th minute when Jasper Löffelsend collided with an FC Dallas player and players from both teams were caught pushing and pulling kits.

Justin Meram came within inches of stealing a point in the 94th minute when his long-range effort went past Paes’ outstretched arms and past the right post.

In numbers

RSL finished with 23 shots against FC Dallas’ 7. However, only 5 of RSL’s 22 shots were on target, FC Dallas finished with 2 shots on target. Real Salt Lake dominated 70% of ball possession, generated 7 corners and completed 306 passes more than their opponent.

Next game of Real Salt Lake

Real Salt Lake will travel to San Jose on July 30 with a scheduled kickoff at 8 p.m.

The match will be available to stream for free via KSL Sports and KSL 5 TV Apps or on KSL Sports dot com.

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Salt lakes real estate

Metros in Colorado, Utah and Idaho had the largest share of sellers as house prices fell in June

A significant number of sellers in the United States are cutting prices as high mortgage rates and fears of a potential recession keep many potential buyers at bay.

A recent report from Redfin said more than 25% of home sellers in three-quarters of the metros tracked by the brokerage nationwide lowered their asking prices in June.

In some areas, more than 60% of sellers lowered their prices, which the report said has “become a common feature of the cooling housing market, especially in places that were popular with buyers in the early part of the year.” pandemic “.

A For Sale sign is posted outside a home in Pittsburgh, Pennsylvania on January 4, 2019. (AP Photo/Keith Srakocic, File/AP Newsroom)

Thirty-year mortgage rates are much higher than they were at the start of the year, which “has really eaten away at homebuyers’ budgets,” said Redfin chief economist Daryl Fairweather. , at FOX Business.

According to mortgage buyer Freddie Mac, 30-year fixed mortgage rates averaged 5.54% this week, down from 5.51% a week ago.


Some homebuyers have had to abandon the buy market altogether and face the rental market, while others are still in the game but “are much less willing to bid on the asking price or deal overpriced homes,” Fairweather added.

As buyers are “more nervous”, sellers make concessions and lower prices. Fairweather said sellers no longer have the luxury of choosing between dozens of offers as they would have had earlier this year.

Boise, Idaho, had the largest share of buyers, 61.5%, who lowered their asking prices, according to the analysis. That’s up from 25.7% in June 2021.

for sale sign in front of the building

A For Sale sign is displayed in front of a home in Washington, DC on March 14, 2022. (Stefani Reynolds/AFP via Getty Images/Getty Images)

Denver, Colorado, and Salt Lake City, Utah, were not far behind with 55.1% and 51.6% of sellers lowering their prices, according to the report.

Almost half of the sellers in Tacoma, Washington; Grand Rapids, Michigan and Sacramento, California also lowered their prices.

Boise, Salt Lake City, Sacramento and Tampa were popular hotspots between summer 2020 and March 2022, “as homebuyers moved out of expensive coastal employment hubs, taking advantage of low mortgage rates and remote working “, according to Redfin.


However, their popularity worked against them.

“Their popularity has led to fierce competition for a limited supply of homes for sale, driving up prices and making them unaffordable for many buyers,” the report continues.

For example, the typical Boise home sold for $550,000 in May, up 60% from two years ago, according to the report. Similarly, prices for a typical home in Sacramento rose 44% to $610,000.

“Consumer sentiment is also making homebuyers more reluctant to stretch their budgets,” Fairweather added.

Not only are homebuyers worried about inflation continuing to rise, but they’re also worried about what would happen if the economy fell into a recession and unemployment rates rose, according to Fairweather.

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“Homebuyers don’t want to find themselves in a situation where they can’t pay their mortgage because they don’t have the income they thought they had,” Fairweather added.

Here are the top ten metros that saw the biggest share of seller declinesping their prices in June:

  1. Boise, Idaho: 61.5%
  2. Denver, Colorado: 55.1%
  3. Salt Lake City, Utah: 51.6%
  4. Tacoma, WA: 49.5%
  5. Grand Rapids, Michigan: 49.3%
  6. Sacramento, California: 48.7%
  7. Seattle, Washington: 46.3%
  8. Portland, OR: 45.7%
  9. Tampa, Florida: 44.5%
  10. Indianapolis, Indiana: 44.1%
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Utah economy

What is driving inflation and what is its impact on Utah’s economy and labor market?

A “Now Hiring” sign is pictured outside of Staker Parson in Salt Lake City on July 13. (Laura Seitz, Deseret News)

Estimated reading time: 4-5 minutes

SALT LAKE CITY — Utah’s employment summary for June further reinforces the idea that Beehive State’s economy is doing better than the national economy.

“Right now, the economic numbers are still strong here in Utah,” Mark Knold, chief economist for the Utah Department of Labor Services, said Friday.

The state’s nonfarm payroll employment for June is up about 3.5% over the past 12 months, with the state’s economy adding 56,300 cumulative jobs since last June, bringing the current number of Utah jobs at 1,666,300, according to the Utah Department of Workforce Services, June 2022. Job Summary.

Additionally, the unemployment rate is “historically low,” at just 2%, well below the national average of 3.6%, according to the summary.

“History has shown that when the economy is operating at such a dynamic pace, it doesn’t stay there long. Something exogenous usually comes along to temper such a breakneck pace,” Knold said. “The economic omens of such a shift may be ahead of us.”

The main omen is economic inflation, he said.

“When prices rise noticeably in front of consumers’ eyes, it negatively impacts both their economic psychology and their enthusiasm,” Knold said.

Due to the negative influence of inflation, Knold pointed out that those who guide government actions with respect to the economy may tend to take an aggressive stance on inflation with the intention of bringing the economy down. inflation to a more passive economic position.

“The Federal Reserve Board of Governors, or the Fed, are the influential lords of the national economy,” Knold said.

When inflation is high as it is now, the Fed tends to raise interest rates in an effort to bring inflation down.

This process, however, can slow or hamper the US economy, Knold said.

“Everyone expects the Fed to act aggressively to raise interest rates in an effort to bring down this inflation, even if it means delaying the overall economic pulse of the United States in the short term,” he said. he declared.

What are the factors driving inflation?

So what is fueling inflation?

Knold said it comes down to several factors, some the Fed has influence over and some it doesn’t.

“Product supply chain disruptions have restricted the flow of goods from other countries, such as China, contributing to higher product prices and thus fueling inflation,” Knold said. “The Fed does not have the authority to reopen supply chains.”

He added that Russia’s invasion of Ukraine, which caused gas prices to skyrocket, is not something the Fed controls.

“Conversely, a national economy where workers’ wages are rising rapidly, producing rising prices that contribute to inflation is something within the Fed’s management sphere,” Knold said.

He noted that while the Fed doesn’t have the absolute power to change inflation, it does have the power to get consumers to change their spending habits.

“If you can’t increase the supply of goods, your other option for maintaining price stability is to reduce domestic demand for goods,” Knold said. “That’s what many expect from the Fed going forward and many are anticipating a US recession in 2023 because of it.”

Utah’s Economic Health and Labor Market

If a recession does occur, Knold said the current health of Utah’s economy — which is at “the most favorable level possible” — will work in the state’s favor.

“There is plenty of room for an economic downturn before such a weakening reaches levels that become painful and damaging to the economy,” Knold said.

He also noted that Utah’s housing market could use some time to reinvigorate supply while demand pulls back a bit.

“The current hyper-stretched labor market may be of such a unique composition that what we normally expect from recessions – such as noticeable amounts of job losses and high unemployment – ​​may not be the results we will see if a recession was to come in the next year,” Knold said.

Knold said it “seems very likely” that a national recession will occur within the next year. What’s less clear, he said, is how this recession will affect both the economies of the United States and Utah.

This is partly because there has never been a time when the United States has faced so many workers leaving the labor force without an equal (let alone excessive) force aging.

“Future recessions may not have as many setbacks and disruptions in labor markets as they have in the past,” Knold said. “Setting new levels of recession expectations could be part of the economic stories of Utah and the United States in the future.”

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Logan Stefanich is a reporter for, covering Southern Utah communities, education, business, and military news.

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Salt lake city government

Accused Inside Crypto Traders Turn to Veteran Criminal Lawyers

A former Coinbase product manager and his brother turned to veteran criminal defense attorneys to fight the Justice Department’s first-ever cryptocurrency insider trading case.

Ishan Wahi, who once helped oversee listings at a Coinbase unit focused on investment products, is represented by Manhattan criminal defense attorney Andrew St. Laurent and Marc Axelbaum, a white-collar criminal attorney of San Francisco with Big Law Pillsbury.

New York lawyer Priya Chaudhry is representing Nikil Wahi, who was reportedly warned by his brother about tokens that will soon be listed.

The Wahi brothers face criminal fraud charges in Manhattan, in addition to a separate civil suit filed Thursday by the Seattle Securities and Exchange Commission.

The cases are being watched closely as the SEC seeks to regulate cryptocurrencies and a pair of high-profile bankruptcies raise questions in the digital asset market.

The SEC’s civil lawsuit against the brothers could “ultimately form part of the foundation for the SEC to expand its reach into coin offerings,” Duke University law professor James Cox said in a statement. an email.

Chaudhry accused prosecutors of targeting the brothers as a “scapegoat because so many people have recently lost money in cryptocurrency.”

“The government is embarrassed and arresting Nikhil Wahi is a knee-jerk reaction to save face,” she said in an emailed statement.

The U.S. Attorney’s Office for the Southern District of New York has accused Ishan and Nikhil Wahi of engaging in an insider trading scheme while Ishan Wahi worked at one of the largest crypto asset trading platforms. .

Ishan Wahi allegedly shared details with his brother and friend Sameer Ramani about the timing of token listings, information which they then used to trade dozens of tokens for a profit of over $1 million. Ramani remains free, federal prosecutors say

St. Laurent declined to comment on how he and Axelbaum became involved in portraying Ishan Wahi. They said in a joint statement that the allegations against their client were “without merit”.

A longtime litigator, St. Laurent has tried more than 20 federal and state cases, according to his law firm’s biography. His clients also include Harvey Newkirk, a former partner of Bryan Cave Leighton Paisner who was sentenced to six months in prison in 2016 for his part in a fraudulent scheme to buy Maxim Magazine. Laurent represented Newkirk in an unsuccessful appeal.

Chaudhry previously worked with St. Laurent before starting her own practice, according to her LinkedIn profile. Among his clients is “Real Housewives of Salt Lake City” star Jennifer Shah, who earlier this month pleaded guilty to wire fraud.

Axelbaum directs Pillsbury’s Northern California corporate investigations and white collar defense practice. His representations include advising corporate officials facing federal investigations.

He is also currently representing pharmaceutical company IQVIA in its lawsuit against Veeva Systems for allegedly poaching an executive.

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Salt lakes real estate

Three fugitives arrested in massive multi-state fraud scheme | USAO-SDTX

HOUSTON — Three other co-conspirators have been arrested on charges related to multi-level mortgage fraud, credit repair and a government loan fraud scheme, U.S. Attorney Jennifer B Lowery said.

Heather Ann Campos, David Lewis Best Jr. and Stephen Laverne Crabtree had eluded law enforcement for several months.

Campos, 43, of Houston, is scheduled for a detention hearing before U.S. Judge Dena H. Palermo at 10 a.m. today.

All three reportedly sent numerous letters from sovereign citizens to federal agencies and the federal court in Houston declaring themselves immune from prosecution and refusing to recognize the authority of the federal courts.

Campos and Best were indicted in January on numerous charges of participating in a conspiracy to defraud mortgage companies, banks, the Small Business Administration (SBA) and the Federal Trade Commission (FTC). They said they would surrender but would have fled from law enforcement. Since that date, several other accomplices have been charged, including Crabtree. He was released on bail and also became a fugitive.

Those charged include Steven Tetsuya Morizono, 59, Mission Viejo, Calif.; Albert Lugene Lim, 53, Laguna Niguel, Calif.; Melinda Moreno Munoz, 41, Elvina Buckley, 68, Leslie Edrington, 65, and ShyAnne Edrington, 29, all from Houston.

The charges allege that Campos and Best recruited clients for credit repair using the company names of KMD Credit, KMD Capital and Jeff Funding, among others. They allegedly “cleaned up” their customers’ credit histories by filing false identity theft reports with the FTC. After fraudulently inflating clients’ creditworthiness, the co-conspirators fraudulently obtained credit cards, disaster loans and mortgages for themselves and their clients, the charges allege. They could have achieved this through false declarations and false documents.

Campos was a mortgage broker and Buckley a real estate agent, while the notary was the responsibility of Munoz, according to the charges. After fraudulently inflating clients’ creditworthiness, the individuals allegedly obtained rental properties to deceptively build a real estate portfolio worth millions of dollars on behalf of their clients and profit from the rental income. The charges allege that Crabtree was a credit repair customer and recruited others, including family members, and conspired to commit wire fraud.

In addition, they reportedly got loans from banks and the SBA’s Economic Disaster Loan and Paycheck Protection Program. They were created on behalf of clients, friends and family members through false statements and false or altered documents.

Under the pseudonym Jeff, Morizono was the leader and namesake of the scheme claiming to do business as Jeff Funding, according to the charges.

If convicted, they all face up to 30 years in federal prison and a maximum fine of $1 million.

The Federal Housing Finance Agency – Office of Inspector General (OIG), US Postal Inspection Service, Housing and Urban Development – OIG and SBA – OIG conducted the investigation with the assistance of the FTC – OIG and IRS – Criminal Investigation.

Other agencies assisted in the arrests of Campos, Best, and Crabtree, including the Greater Salt Lake Unified Police Department; South Jordan, Riverton and Herriman Police Departments, Utah; FBI Hostage Rescue Team; United States Postal Inspection Service – Pittsburgh and Salt Lake City Divisions; and the U.S. Marshals Violent Fugitive Apprehension Strike Force.

Assistant U.S. Attorneys Kate Suh and Jay Hileman are pursuing the case.

An indictment is a formal charge of criminal conduct, not evidence.
A defendant is presumed innocent unless convicted in due process.

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Salt lake city

Latino Conservation Week in Utah includes stargazing, river cleanups and more

Artes de México Director Fanny Guadalupe Blauer gives a presentation “Sabores de Mi Patria: Food is Culture” in July 2021 as part of Latino Conservation Week. The presentation, along with a number of events, make up Utah’s Latin American Conservation Week this year. (Wasatch Community Gardens)

Estimated reading time: 4-5 minutes

SALT LAKE CITY — A week-long campaign to celebrate and expand Latino involvement in the outdoors and conservation efforts wraps up this week — but Utahns still have time to enjoy river cleanups, summer parties, and more. stargazing and more.

Latin Conservation WeekJuly 16-24, is a national initiative with nearly 200 events taking place across the country.

“It’s just a week that shines a light on the incredible work of the Latin American community in outdoor spaces and also makes sure that we keep these spaces accessible to all types of people,” said Meisei Gonzalez, Director of communications from HEAL Utah, a non-profit organization sponsoring several Conservation Week events. .

“It’s also a time for us to learn how to get involved in local politics, how to get involved in reaching out to our legislators to make sure Latinos can always access the outside,” Gonzalez said.

A number of events in southern Utah and along the Wasatch Front have already taken place, and Gonzalez said there has been good community participation. For example, an outdoor gear swap had over 500 items donated and over 150 people showed up.

For Kimberly Yapias with Wasatch Community Gardens, the week also represents an opportunity to increase cultural knowledge in the area. The gardens, together with Artes de México, organize a presentation on ancestral agricultural practices.

“One thing that’s hard if you’re from another country — you kind of lose access to special culture traditions that you might have grown up with,” Yapias said. “One of our goals is to bring that cultural appreciation and understanding back to people who already know it and haven’t had the chance or the space to really appreciate it, as well as people who don’t. maybe not and who wish to know more.”

Wasatch Front Events

Sabores de mi Patria – Presentation Food is Culture, Thursday, July 21, 5:30 p.m. to 7 p.m., Wasatch Community Gardens in Salt Lake City

This presentation will explore a Mayan agricultural practice known as La Milpa. The practice involves a number of culturally significant foods – including corn, beans, squash and marigolds – that grow well together. The workshop will be entirely in Spanish with English translation. Wearing a mask is compulsory and registration is free. The presentation is the second in a three-part series. The last workshop will take place on September 22.

Night at the Aviary, Friday, July 22, 6-9 p.m., Tracy Aviary & Botanical Gardens in Salt Lake City

This evening evening will include visits to bird exhibits and artistic activities. Registration is free.

Dark Sky Event and Star Party, Friday, July 22, 9 p.m.-12 a.m., East Canyon State Park in Morgan

Participants can view galaxies, nebulae and other deep sky objects through powerful telescopes with the help of park staff and other volunteers. There is a $10 park entry fee per vehicle.

Jordan Cleansing and Meeting PlaceSaturday, July 23, 10 a.m. – 2 p.m., 17th South Park in Salt Lake City

The Hartland Community 4 Youth & Families Environmental Stewardship Program is hosting a Jordan River Trail cleanup as well as food, drink and live music from Grupo Mantra.

Paddle the riverSaturday, July 23, 9:30-11:30 a.m. at the Jordan River Nature Center at Tracy Aviary in Salt Lake City.

The Tracy Aviary organizes a canoe trip along the Jordan River. Learn about environmental conservation and visit the Jordan River Nature Center. Registration is free and all materials are provided.

Southern Utah Events

Meet the Reptile Celebrities of Red CliffsFriday, July 22, 3 to 5:30 p.m., St. George Library

Tu-wee the Desert Tortoise, Charlie the Serpent King and Hercules the Gila Monster will be at the library taking pictures. Visitors can learn how to protect the desert environment where the trio of reptiles live, become a certified “Tortoise Defender” and play turtle trivia games. Registration is free.

Stroll along the Virgin RiverSaturday July 23, 10 a.m.-11:30 a.m., Sullivan Soccer Park in Washington

This 8km family bike ride will cover sections of the boardwalk along the Virgin River. The ride starts at Sullivan Soccer Park with free coffee and bagels and a talk about bike safety. Registration is free, and those who need to borrow a bike can contact Conserve Southwest Utah.

Estrellas Festival, Saturday, July 23, 9:30-11:30 p.m. Red Mountain Trailhead in St. George

The St. George Astronomy Group will teach participants about the galaxy through the use of a telescope. Registration is free.

Utah’s Latest Stories

Sydnee Gonzalez is a reporter for and covers minority communities. Dressed Spanish. You can find Sydnee at @sydnee_gonzalez on Twitter.

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Utah economy

Mitt Romney: Saving the Great Salt Lake is worth billions of dollars

Utah Sen. Mitt Romney and Sen. Jeff Merkley, D-Oregon, introduced a bill in the US Senate last year to study saline lakes.

The bill struggled to gain attention because, as the senator from Utah said, few people seemed to understand or care about the Great Salt Lake. While researchers have warned of the severe impacts that the drying up of the Great Salt Lake would have on the environment, the problem has apparently been bottled up in Utah.

That’s why he doesn’t believe recent coverage of the Great Salt Lake’s drying up in The New York Times and other national media has made much of a difference to the concern Utahns already have about the lake. However, it seems to have helped his colleagues in Washington realize the importance of the situation.

“Now they understand. ‘Yeah, we care’ because it’s going to send arsenic into the air and other heavy metals, and it won’t just affect Salt Lake City and the global economy. , it will affect other communities (east of Utah) as well,” Romney said.

“It’s a real problem for our country and I think it’s something that the national media has understood…so my colleagues in the Senate and the House realize that it’s a big problem,” adds he. “It’s not just a Utah problem, it’s an American problem.”

It’s also a problem that will likely take “several billions of dollars” to fix, which he says is now the next step for the troubled lake.

Romney made the comments during a videoconference with members of the Utah media on Wednesday, pointing to a similar bill he introduced with Utah Representatives Burgess Owens and Chris Stewart. Bill authorizes $10 million for the U.S. Army Corps of Engineers to “monitor and assess” water availability and condition of Great Basin saline lakes, like Great Salt Lake, to better understand ecosystems Lake.

It is also creating a feasibility study to deal with the ongoing drought conditions around the Great Salt Lake, which would look at any “potential technologies” like pipelines, coastal desalination plants or channel reinforcement projects that could redirect the water sources to the lake. This includes the ability to allow redirection of water sources across state lines into the lake.

Utah Senator Mitt Romney speaks about the Great Salt Lake with members of the media Wednesday afternoon.

The Great Salt Lake reached a record high on July 3, when levels dropped to 4,190.1 feet at the US Geological Survey’s Saltair station. It has since dropped at least another tenth of a foot, with periodic levels below 4,190 feet, according to the federal agency.

The Utah Division of Forests, Fires and State Lands estimates it would cost $1.69 billion to $2.17 billion if the lake were to drop another 10 feet in the future. Beyond that, every 8 feet it falls exposes 30 miles of lake bed which contains heavy metals that have been absorbed over time. This is in addition to the impact it would have on the 10 million migrating birds that use the lake each year.

Romney said the money requested in the bill has already been secured and he expects recommendations for solutions to begin to emerge over the next year. These results will be used to define strategies to help raise lake levels in the future.

How much does a solution cost?

It remains to be seen what those solutions are and how much they will cost, but each extreme idea will likely be costly.

For example, in 2012 the US Bureau of Reclamation studied the idea of ​​a pipeline to pump water from the Missouri or Mississippi rivers westward; the agency estimated at the time that such a project would cost between $8.6 billion and $14.6 billion, according to the Arizona Daily Star. Adjusting for inflation, that would be more than about $18.2 billion today.

A Great Salt Lake pipeline is something that would be considered in the new federal study, although the idea is met with many skeptics. Gov. Spencer Cox, in a joint interview with KSL-TV and the Salt Lake Tribune for the Great Salt Lake Collaborative on Tuesday, said he still believed a pipeline was “highly dodgy,” but at least he’s come to terms with it. to consider it with any other unconventional idea imaginable.

“We owe it to everyone to look at all the possibilities,” the governor said.

Romney agrees it’s worth studying even if it’s a pipe dream. He also thinks the cost of a solution will be worth it, pointing to the Big Dig, a Massachusetts project that was still underway when he was governor there, which ultimately cost more than $15 billion.

“If we’re willing to spend $15 billion on the Big Dig, we should be willing to spend whatever it takes to make sure we preserve the Great Salt Lake and Utah’s economy and to some extent , the nation’s economy. ,” he said.

But looking at the mind-boggling estimates, it’s easier to ask, what if Utah reduced the water it uses?

What about conservation?

Utah passed a handful of bills in the last legislative session that leaders say will help the Great Salt Lake. The state amended the “use it or lose it” component of its water law earlier this year to allow those with water rights to donate or lease their water rights. to improve flow in the Great Salt Lake, Cox said.

One law, in particular, also provided $40 million to be used to protect and restore the Great Salt Lake watershed. The National Audubon Society and the Nature Conservancy were recruited in June to help oversee this program. Cox adds that Utahans in residential areas are doing better at reducing the water they use on lawns, while more farmers are also looking for ways to be more efficient with their use of water. the water.

Romney argues that anything that helps reduce water usage so that water from Utah’s rivers and streams flows into the lake is “probably the easiest, cheapest, and most proven method.” to help the lake, but studies aren’t yet clear about how much it will help. And with less rainfall and a string of light snowfalls over the past few decades, it’s not clear that reducing consumption alone will be enough.

All this will be taken into account in the next study of the lake.

“I believe (conservation will do) a lot, I suspect a lot, hopefully conservation alone will do the job – otherwise we’ll have to look at some of the more extreme options,” he said. “I hope we don’t have to reach them. We may not have to.”

Until the US Army Corps of Engineers completes its study, the senator said the future will be “difficult to predict”. What is much easier to predict is what will happen if the Great Salt Lake continues to decline at the rate it is currently trending.

Given what is at stake and the new national attention on the issue, Romney believes the Great Salt Lake will not be ignored as it once was.

“I believe the recognition of the consequence for Utah, for the national economy and surrounding states,” he said, “the consequences of that notoriety will tend to focus people’s minds so that they act”.

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Salt lake city government

Demonic figure appears outside NJ home

See the fire demon caught on camera in a New Jersey home.

This photo from one of our colleagues at New Jersey 101.5 appears to show a human form covered in flames walking through their backyard.

The photo was taken at 5 a.m. just to capture the sunrise over the Shore neighborhood.

The context of the jump straight to the fire demon is that the house would ALREADY be HAUNTED. There is a report of a portal in the back yard, which allows spirits to enter our world – demonstrated by deer refusing to cross space – and confirmed by a medium.

And our friends say they repeatedly see figures floating around the house, including images of the father’s grandfather and sister who died decades ago at the age of 13.

Attachment-Fire Demon (2)

It’s scary for sure and has always created a conversational buzz around the station.

As a man of faith, I certainly think there are things beyond our observed reality that we will discover after we pass. And we know without a doubt that evil exists and comes in many forms. That said, I’ve always had a hard time believing that ghosts, spirits and demons actually walk among us, but this isn’t the first time I’ve seen images that sow doubt.

Do you remember the video screenshots from my friends at Acteon showing clear images of people when no one was present? What about my visit to a hotel in England that locals swear is haunted?

So read the articles, look at the photo – no, it was NOT photoshopped – and let me know if you think it’s a demon haunting the Garden State:

  1. No way, not real.
  2. Yes, and I’m moving now
  3. Yes, but that’s not new
  4. Fire Bill Spadea

READ MORE: Weird and wild UFO sightings throughout history

The above post reflects the thoughts and observations of Bill Spadea, host of New Jersey talk show 101.5. All opinions expressed are those of Bill. Bill Spadea is on the air weekdays from 6-10 a.m., speaking from Jersey, taking your calls at 1-800-283-1015.

Click here to contact an editor about a comment or correction for this story.

WATCH: States with the most UFO sightings

For each state, we have also included details of famous UFO sightings in that state. It should be noted that nearly three-quarters of all UFO sighting reports in the United States occur between 4 p.m. and midnight, and tend to peak between 9 p.m. and 10 p.m. Keep reading to see which states have had the most UFO sightings.
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Salt lakes real estate

Top 100 Best Places to Live in the United States Ranked by

Places to Live for 2022, sponsored by eXp Realty.”/>

The 2022 list centers on mid-sized cities that attract large waves of young people. More than 2,000 cities were ranked on 50 data points measuring economy, housing, amenities, infrastructure, demographics, social and civic capital, education and healthcare. has released the ninth annual list of the 100 Best Places to Live for 2022, sponsored by eXp Realty. The new rankings are the culmination of months of extensive research into relocation trends, economic variables and factors that influence quality of life. Thirty-six states are represented from coast to coast.

The 2022 ranking categories were influenced by proprietary research conducted by in partnership with Ipsos. More than 1,000 adults, ages 18 and older, from across the country were surveyed to determine what livability features they would value in a potential home community, with a focus on how the rise cost affects their resettlement decisions. Respondents were asked what factors would be most considered when choosing to move and how their housing needs and priorities have changed due to record inflation. Research shows that 7 out of 10 adults consider affordability to be one of the top three factors influencing the decision to move.

The 2022 list of the 100 Best Places to Live largely reflects findings that affordability and local amenities are top priorities for people looking to relocate.

“As remote work trends continue and affordability becomes more elusive amid high inflation, people are thinking about where their money is going furthest,” says Amanda Ellis, Managing Editor from “Our list of the 100 Best Places to Live celebrates the incredible small and medium-sized communities across the United States — the ones that really shine when it comes to affordability alongside amenities and opportunity.”

This year, Livability has partnered with eXp Realty, the world’s fastest growing real estate brokerage, for the annual community ranking. The company, which has been fully remote since its inception in 2009 and operates on a cloud-based virtual platform, understands that today many people choose their lifestyle over their workplace when they decide where to live.

“Gone are the days of having to live in the same city where you work, and that’s really changing the dynamic of how people decide where to buy a home,” said Dawn Conciatori, vice president, Referral Generation, eXp Realty. . “Research shows that more than 19 million Americans plan to relocate due to remote work and flexible work options. Moving to a new city is an exciting time, but also an important decision. Our partnership with Livability and this new research can help people find the kind of livable community they’re looking for, whether they’re looking to move now or in the near future.

This year, the list focused on medium-sized cities (generally defined as 500,000 people or less) that attract large waves of young people. More than 2,000 cities were ranked on 50 data points measuring economy, housing, amenities, infrastructure, demographics, social and civic capital, education and healthcare. Sources included the best public and private data available from organizations such as the US Census Bureau, Lightcast, and Esri.

The top 10 cities this year are:

1.Madison, Wisconsin

2. Ann Arbor, Michigan

3. Rochester, Minn.

4. Naperville, Illinois

5. Overland Park, Kansas

6. Minneapolis, Minnesota

7. Fishermen, Indiana

8. Salt Lake City, Utah

9. Pittsburgh, Pennsylvania

10. Carmel, Indiana

The full list of the 100 best places to live in 2022 is featured on, along with each city’s LivScore and some of the specific attractions, activities and amenities that make it a great place to live.

For more information or to schedule an interview, please contact

Amanda Ellis, Managing Editor,

[email protected]


Cara Sanders, Managing Editor,

[email protected]


About highlights the best small and medium towns and what makes them great places to live, work and visit. Through exclusive research and original content, we examine issues such as affordability, cultural amenities and attracting talent, and celebrate the achievements of these cities through the Top 10 lists, our annual Top 100 ranking. best places to live and articles exploring the who, what, why and how behind the “where”. is a division of Journal Communications, Inc., based in Franklin, TN.

About eXp Realty:

eXp Realty® is part of eXp World Holdings, Inc. (Nasdaq: EXPI), which is also the holding company of Virbela and SUCCESS® Enterprises. eXp Realty is the world’s fastest growing real estate company with over 83,000 agents in the US, Canada, UK, Australia, South Africa, India, Mexico, Portugal, in France, Puerto Rico, Brazil, Italy, Hong Kong, Colombia, Spain, Israel, Panama, Germany, Dominican Republic, Greece and New Zealand and continues to expand internationally. As a publicly traded company, eXp World Holdings offers real estate professionals the unique opportunity to earn equity rewards for production goals and contributions to overall company growth. eXp World Holdings and its businesses offer a full suite of real estate brokerage and technology solutions, including its innovative residential and commercial brokerage model, professional services, collaborative tools, and personal development. The cloud-based brokerage is powered by Virbela, a deeply social and collaborative immersive 3D platform, enabling agents to be more connected and productive. SUCCESS® Enterprises, anchored by SUCCESS® magazine and its related media properties, was established in 1897 and is a leading personal and professional development brand and publication.

For more information, visit

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Salt lake city

Utah small business owners to meet congressional leaders in DC

Illustration: Lindsey Bailey/Axios

A coalition of about 70 Utah small business owners is meeting in DC this week to meet the state’s congressional delegation.

  • The business owners are alumni of the Goldman Sachs 10,000 Small Businesses program, which meets over two days Mountain peak.

Driving the news: They plan to voice their economic and labor challenges to lawmakers.

  • They also want to urge leaders to find policy solutions to help small businesses and reauthorize the Small Business Administration for the first time since 2000.
  • Rising commodity prices, combined with labor shortages and fear of a recessionare impacting business owners already struggling amid the pandemic.

What they say : “I am always encouraged by the passion and persistence of the small business community,” said Natalie Kaddas, owner and CEO of Salt Lake City-based Kaddas Enterprises. “Now to see them bring that same energy to Washington, DC, so our voices can be heard – I’m really excited.”

  • His company makes products used by utility companies that prevent wildlife from creating power outages.

While his business skyrocketed, as did the cost of raw materials.

  • “We do more and it costs us more. Our income and expenses increase,” she said.
  • Kaddas added that it was also difficult for him to find hardware parts to manufacture his products.

Schuyler NorthstromPresident and CEO of Uinta mattressan independent manufacturing company, said the materials used to make mattresses have increased by 40% over the past year.

  • Early in the pandemic, the Salt Lake City business owner said he saw an immediate drop in mattress sales, prompting his company to make face masks.
  • “I think it’s important for people to know that small businesses are really the backbone of the economy and we just want these tools to grow from the pandemic and a declining economy to prosperity,” he said. he declared.


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Utah economy

US Forest Service green light proposed Uinta Basin Railway – Cache Valley Daily

The Uinta Basin Railroad’s preferred alternate route (marked in red) would connect the Uintah Basin in eastern Utah with existing interstate rail connections in central Utah. The US Forest Service approved the right of way on July 14.

PORTLAND, ME — The U.S. Forest Service has granted approval for a rail right-of-way to connect the Uintah Basin to the existing interstate rail network in central Utah.

Governor Spencer Cox announced and applauded the Forest Service’s decision July 14 at the National Governors Association Summer Meeting in Portland, ME.

It’s a Huge Win That Will Get Utah Energy to Market Fastercleaner, safer and will help the economy of eastern Utah,” Cox said.

The Uintah Basin Railroad Project is an 88-mile, single-track rail line that will connect the Uintah Basin in Eastern Utah to the Central Utah Interstate Rail System.

The preferred alternate route proposed by local authorities would extend from two endpoints in Uintah County near Myton and Leland Beach to a proposed connection with the existing Union Pacific Provo Subdivision near Kyune, Utah.

Approval for the railroad was delayed by environmental concerns because approximately 12 miles of the preferred right-of-way passed through federal lands in the Ashley National Forest.

Cox said the Forest Service decision will now allow the Uintah Basin Railroad proposal to proceed.

State and local governments, the Ute tribe, energy producers and railroad companies have argued for decades that better access to the outside world will help the (Uintah) Basin diversify its economy,” Cox explained. “Without a doubt, this infrastructure will improve economic opportunities for individuals, families and businesses.”

The Uintah County Railroad is a proposal by the Seven County Coalition in eastern Utah. This group — made up of county officials from Carbon, Daggett, Duchesne, Emery, San Juan, Sevier and Uintah — was formed in 2014 to promote regional planning, increase economic opportunity and implement sustainable infrastructure projects.

“The Uintah Basin Railroad will be important to Utah’s economy and rural Utah’s ability to diversify its economic flows,” said Senator J. Stewart Adams, President of the Utah Senate. .

“The mining lease dollars generated by the mining industry and the export of Utah crude to domestic and global markets means more revenue, which benefits other infrastructure (worldwide). the state).”

The Uintah Basin is located in the northeast corner of Utah. It is bounded to the north by the Uintah Mountains, to the south by the Tavaputs Plateau, to the west by the Wasatch Range, and to the east by high ground that separates it from neighboring Colorado.

The Uintah Basin is rich in natural resources, including hydrocarbons, phosphates, and other minerals critical to the US economy. It is, however, one of the largest areas in the western United States without interstate rail or road connections or major airport service.

Without those connections, Cox said Duchesne and Uintah counties had been put at a competitive disadvantage when trying to attract business investment and residents had very limited job prospects.

We are delighted to see the potential of this region unleashed“, added the governor.

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Salt lake city government

Patrick Byrne’s bizarre journey from Overstock CEO to January 6

Friday’s special guest at the January 6 committee hearings was “the Overstock person” – aka Patrick Byrne – identified by former White House attorney Pat Cipollone, during a hearing last week, as the one of the surprise guests at a long and tumultuous White House meeting. last December allegedly backed efforts by Michael Flynn and Sidney Powell to overturn the 2020 election results and keep Trump in power.

For Byrne, the founder and former CEO of e-commerce pioneer Overstock, the journey to his involvement on January 6 has been interesting to say the least. The last time he made national headlines, in 2019, was to reveal he had a recurring affair with convicted Russian agent Maria Butina, who used connections within the NRA to create back channels between Russia and the Trump. country. (After 15 months in U.S. penitentiaries, she returned to Russia, where she serves in the lower house of parliament, the Duma, and proudly put the letter Z.)

Until this week, however, few casual observers – and apparently not Cipollone – have taken notice of Byrne’s more recent activities, which include the conspiracy-focused website Deep Capture, a self-published book (The Deep Rig: How voter fraud cost Donald J. Trump the White House, by a man who didn’t vote for him), and a heartbreaking appearance with General Michael Flynn and his brother Joe Flynn on The Alex Jones Show last November, discussing voter fraud and the “deep state attempt[s] to start a bloody civil war” on January 6. It’s remarkable, in a way, that the committee is only dealing with him now.

Then how did Byrne – the son of insurance executive John J. Byrne, who flipped a struggling Geico in the late 1970s; family friend of Warren Buffett; with a BA in Philosophy and Asian Studies from Dartmouth, and graduate degrees in Philosophy from Cambridge and Stanford – go for it?

Byrne’s politics defy easy categorization. In the two decades he led Overstock, from 2009 to 2019, he was often Utah’s largest individual political donor, giving to Republicans and Democrats. He was instrumental in a pro-school voucher movement in 2007 and a lawsuit in 2013 challenging Utah’s proposed ban on same-sex marriage. Overstock was a leader in workplace discrimination protections for LGBTQ workers and provided benefits for same-sex and transgender partners. In Utah’s predominantly Mormon business world, Byrne was a reliable joker. And a reliable purveyor of crazy sayings that were ultimately proven to be more or less correct.

Here’s a timeline of Byrne’s provocative — and often prescient — career as an entrepreneur, Wall Street whistleblower, FBI informant (unconfirmed), and alleged adviser to Trump on Jan. 6 planning.

1999: Byrne buys a majority stake in Salt Lake City-based D2-Discounts Direct, renames it Overstock, and takes over as CEO.

2000: Before Amazon and eBay popularized “drop shipping”, Overstock allowed third-party vendors to ship items directly to customers through its website.

2002: Byrne takes Overstock public through a “Dutch auction”, an unconventional process that cuts out investment banking middlemen – and was emulated by Google when it went public in 2004.

2005: In a conference call with analysts, Byrne alleges a conspiracy by hedge funds, journalists, litigators, the SEC, New York Attorney General Eliot Spitzer and others led by a “Sith Lord” to “destroy our stock” and “fuck up” the business. Shortly thereafter, Byrne files a lawsuit against a hedge fund and an equity research firm, alleging unlawful collusion in short selling the company’s stock. In a 2009 settlement, Overstock receives a $5 million payout from the hedge fund.

2007: Byrne files a lawsuit against several major investment banks, alleging illegal “naked” short selling to drive down the stock price of Overstock and other companies. (In 2016, charges against one defendant, Goldman Sachs, were dismissed; Merrill Lynch and other brokers paid a $20 million settlement.) He assisted FBI investigations related to those threats. He sees the SEC’s 2007 ban on naked short selling of financial companies that have been hit by the mortgage-backed securities crisis as vindication of his warnings.

2014 : In January, Overstock becomes the first major retailer to accept Bitcoin. (As of August 2017, it begins accepting all major cryptocurrencies.) In October, Byrne parachutes in for the grand opening of Overstock’s new peace sign-shaped headquarters in suburban Midvale, Utah. .

2015 : Byrne launches Medici Ventures, a subsidiary of focused on blockchain applications. In July, Byrne delivered a talk titled “Turtles All the Way Down: How the Crypto-Revolution Solves Intractable Problems on Wall Street” at FreedomFest, the annual libertarian conference in Las Vegas. Other speakers include Peter Thiel and presidential candidate Donald J. Trump. Byrne meets Maria Butina there and eventually begins a romantic relationship.

2018: Butina was arrested in July and charged by the Justice Ministry with acting as an unregistered foreign agent for the Russian government.

2019: Byrne resigned as CEO of Overstock in August. He gives live interviews on Fox News and Fox Business Network, revealing his affair with Butina, whom he claims to have reported to the FBI, and alleging a “deep state” scheme to conduct political espionage against Hillary Clinton, Marco Rubio, Ted Cruz. , and Donald Trump. He sells his shares in Overstock and leaves the country.

2020-2021: Byrne begins promoting claims that the election was stolen from Donald Trump due to voter fraud. He speaks at anti-COVID-vaccination events to promote conspiracy theories and befriends Michael Flynn.

November 2020: In an interview with OAN from an undisclosed location, Byrne said the election was rigged and he had “funded a team of hackers and cyber sleuths, other people with weird skills” to find out. the evidence.

December 2020: Byrne crashes the White House with Flynn and Sidney Powell and finds himself in the infamous “lopsided” meeting with President Trump and his top advisers, debating allegations of voter fraud and their “Stop the Steal” strategy, where an idea would have launched was to use the National Guard to seize the voting machines. Byrne later details the events of the night—Swedish meatballs were served—in his book.

February 2021: Byrne self-publishes a book, The deep platform, outlining his allegations of voter fraud. In June, a “documentary” financed by Byrne and based on the book is released online.

July 2021: It was reported that the America Project, a nonprofit group created by Byrne, funded $3.25 million for Arizona Senate Republicans’ audit of the presidential election in Arizona County. Maricopa by Florida company Cyber ​​Ninjas.

August 2021: Byrne (along with OANN and Newsmax) is being sued by Dominion Voting System for $1.6 billion in a defamation case over their allegations of voter fraud.

November 2021: Byrne appears on The Alex Jones Show with General Flynn, blaming Deep State and “false flag” antifa operations for the Jan. 6 violence, and claiming that a “peaceful” rally that day was his idea. “If you want to go deep into January 6, come ask me,” he says.

July 15, 2022: Byrne testifies behind closed doors before the House select committee set up to investigate on January 6. He would have spoken for eight hours.

It remains to be seen how the testimony advances the Patrick Byrne saga. It will no doubt be interesting and may even contain a reveal or two. In a 2019 interview shortly after Byrne left the company, longtime chairman and current Overstock CEO Jonathan Johnson told me, “Patrick exposed Wall Street in 2004 and 2005 — and people thought he was crazy. In 2008, many people said he was a prophet. In 2019, he denounces the Men in Black ignoring Russia’s involvement in four different presidential campaigns – and people say he’s crazy. I think it won’t take three to five years for him to be considered a patriot.

Asked to comment on the statement, Johnson’s personal assistant emailed that “Jonathan has not communicated with Patrick at all” for two and a half years. “A lot happened,” she wrote, and Johnson — who previously received around $850,000 from Byrne during his failed 2016 Republican bid for Utah governor — declined to “reaffirm his comment or comment further on the situation.” Last week the company also tweeted: “Overstock has no association or affiliation with Patrick Byrne.”

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Salt lake city

Lawsuit filed after autistic Utah boy died in tuned hot car

PROVO, Utah (AP) — A wrongful death lawsuit filed after an 11-year-old autistic boy was left in a hot car while under the care of a care facility in Utah has been settled. .

The lawsuit filed against Roost Services and some of its employees in April stemmed from the July 2021 death of Joshua “Joshee” Hancey, who was left in a car for nearly three hours in American Fork south of Salt Lake City as the temperatures reached the middle of the month. 90s, KSL-TV reported Sunday. Police Lt. Josh Christensen told reporters at the time that the car’s windows were up, the doors closed and the engine turned off.

Terms of the settlement have not been released.

David S. Bridge, attorney for one of the employees, declined to comment on the settlement out of respect for the parties to the lawsuit. Lawyers for Roost Services and two other employees did not respond to KSL’s requests for comment.

Peter Mifflin, the lawyer for the boy’s estate, said his clients hoped the trial would lead to improvements in care to prevent similar mistakes from happening again.

According to the lawsuit, Roost employees said they were understaffed and overworked at the time. A report filed by American Fork police also said a lack of communication led to the boy being left in the car, and police investigators recommended that the employee monitoring the boy be charged with homicide and obstruction of justice.

Utah County District Attorney David Leavitt declined to press charges, saying the death was unintentional.

Mifflin said he hopes Utah County will review the case with a new county prosecutor early next year.

“I still, to this day, find it interesting that in the current state environment of Utah, someone who leaves a dog in the back of a car is immediately charged with animal cruelty without frown, and that exactly the same conduct with regard to a human being is not charged at all. It still bothers me,” he said.

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Salt lakes real estate

Back to school: Here are the grades from Utah’s school districts and what it will cost you to live there

Estimated reading time: 4-5 minutes

Don’t forget one essential feature on your must-have list for your next home: local school district quality. Even if you don’t have kids, it’s still a good idea to buy a home within the boundaries of a good school district. In an article for Public School Review, writer Robert Kennedy notes that this is one of the best things you can do to increase the resale value of your home.

“Not only are the values ​​for these homes higher, but these homes tend to take less time to sell when they come on the market,” Kennedy said. “If you’re not moving, you’re still in a great position to build long-term equity for your home by buying from a good school district.”

So, as you browse homes for sale and consider that next move, be sure to keep this information in mind. To save you a bit of homework, here are some great Utah school districts where the Stern team determined home values ​​are soaring.

Davis School District

The Davis School District in Farmington is a good place to start. Ranking website Niche gives this district an overall grade of B+ thanks to its high scores for teachers, health and safety, and college readiness, among other things. The student-teacher ratio is 24 to 1, with spending per student reaching $7,134.

As for the housing market, Utah Real Estate reports that the median home price in Farmington was $649,900 in May 2022, trending up 20.6% year-over-year. In May 2021, the median listing price was $539,000. The latest data from the US Census Bureau indicates that the area’s median household income is $99,208.

Canyons School District

Moving down to Sandy, you have the Canyons School District, which also earned a B+ rating from Niche for its academics, teachers, college readiness, and health and safety. Voted No. 1 School District in Salt Lake County, the student-teacher ratio is 23-to-1 with per-student spending reaching $10,077.

Utah Real Estate reports that the median home price in Sandy was $662,5000 in May 2022, trending up 22.7% year-over-year. In May 2021, the median home price was $540,000. According to the US Census Bureau, the median household income is $95,715.

Alpine School District

In Utah County, the Alpine School District is worth a visit. Niche gives it a B+ grade with a student-teacher ratio of 26 to 1. The school district spends about $7,299 per student per year.

Not only is the area beautiful, but the houses are too. The home’s value has increased significantly year over year, and it currently averages around $1.2 million. In 2020, the average household income was around $123,450, according to the US Census Bureau.

Salt Lake School District

As with the previous three districts, the Salt Lake School District also earns a B+ ranking from Niche. The district received high marks for teachers, college readiness, and diversity and ranks #2 on Niche’s list of top schools in Salt Lake County. The student-teacher ratio is 20 to 1, and the district spends $9,448 per student.

Utah Real Estate reports that the median home price in Salt Lake City was $569,600 in May 2022, trending up 21.5% year-over-year. The median home price in May 2021 was $469,000. The US Census Bureau lists the median household income at $63,156.

Back to school: Here are the grades from Utah's school districts and what it will cost you to live there
Photo: Jason Finn/

Jordan School District

Finally, there’s the Jordan School District in western Jordan, which received a B grade and is the third-best school in Salt Lake County, according to Niche. This neighborhood ranks well for clubs and activities, health and safety, and college readiness. The student-teacher ratio is 23 to 1, with expenditure per student of $8,185.

Utah Real Estate reports the median home price for May 2022 was $529,500, trending up 29.1% year-over-year. In May 2021, the median home price was $410,000. According to the US Census Bureau, the median household income is $84,722.

Find accommodation in the school district of your choice

These aren’t the only good school districts in the state, but this list provides a good starting point for areas with high resale value. If you are looking to buy or sell a home in a great school district, contact the Stern team. With hundreds of 5-star Google reviews, you can count on a quality experience for all your buying or selling needs.

More stories that might interest you

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Utah economy

Fastest warming states since 1970 |

Just a degree or two more doesn’t seem like much. You’ll barely notice the change on a sunny afternoon or in the warmth of a cup of coffee. But over time, it’s enough to change our environment from top to bottom.

Every state is warming, with higher temperatures fueled by everything from powerful ocean currents and giant coal-fired power plants to leaky commuters, cows and old buildings.

To determine which U.S. states are warming fastest, Stacker consulted the National Oceanic and Atmospheric Administration’s climate-at-a-glance tool. All states (except Hawaii and Alaska, for which state-level data are not available) are ranked here by their average warming, temperature changes of the most hot spots from each state being included for context. Ties are broken by the fastest warming city in each state. When available, data from the three fastest warming cities is included; for some states, data for only one or two cities was available.

The main cause of rising temperatures today is an increase in human-made greenhouse gases, particularly carbon dioxide and methane. The more gas we emit by burning fossil fuels like oil, gas and coal, and in our agricultural practices, the more heat is trapped. Plants and trees alleviate the situation somewhat by absorbing carbon dioxide during photosynthesis. The ocean also absorbs carbon dioxide, but it can only store a limited amount.

As temperatures rise, winters get shorter. Ice on the Great Lakes forms later and disappears earlier. Colorado’s snowpack is melting up to 30 days earlier than just a generation ago. With less snow in the mountains of New Mexico and Colorado to feed the Rio Grande, the river is drying up.

Meanwhile, springs are wetter with more frequent (and more destructive) flooding, and summers are drier with longer sweltering heat waves that can be debilitating and deadly for those who can’t afford the price. to stay cool. High winds fuel wildfires in mountain forests and barges run aground in the low waters of the Mississippi River.

Evaporation threatens water supplies for drinking and irrigation, while algal blooms choke inland lakes. In the heart of the country, crop yields are falling. Along the coasts, land becomes too salty for agriculture, as salt water seeps into freshwater aquifers and groundwater.

Spectacular beaches are also disappearing. Rising seas threaten the existence of picturesque barrier islands. According to a 2020 study published in npj Climate and Atmospheric Science, global ocean levels could rise more than four feet by 2100 if aggressive mitigation efforts are not undertaken.

Many states are taking action to burn less coal, use less electricity, tighten fuel standards, encourage people to drive less, create greener cities and build more efficient buildings to change our consumption, our behaviours, our habits and our attitudes towards warming temperatures. . Keep reading to see which states have seen the fastest temperature increases over the past 52 years and how those increases have affected the people who call those states home.

You might also like: Large cities are most at risk from sea level rise

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Salt lake city government

Here are the 10 best US states for working people

If you’re a hard worker with marketable skills, you’ve never been in greater demand than right now.

With 5 million more job openings in the United States than there are workers to fill them, companies are desperate for talent. And increasingly they are willing to go where the workers are.

“Labour is always the most important factor, whether it’s a manufacturing plant, a corporate office, or something creative in the arts,” said Tom Stringer , managing director in charge of the national site selection practice at BDO in New York. .

In the latest CNBC CFO Council survey, respondents overwhelmingly cited labor as the most important factor in deciding where to locate or expand operations. It’s also the most cited selling point among states looking to attract business, according to CNBC’s 2022 America’s Top States for Business study. Thus, according to our methodology, it has the most weight in our overall ranking.

To determine which states have the best workforce, we look at a variety of factors, including the percentage of workers with a college degree, the concentration of high-tech workers, as well as workers with an associate’s degree. and industry-recognized certificates. We also consider right-to-work laws protecting employees who refuse to join a union, as well as state worker training programs and the net migration of college-educated workers.

“Everyone is looking for an edge,” said Cara Christopher, senior vice president of Lightcast, a labor market data company that provided talent attraction data for the CNBC study. “Communities that do this well consider both attraction and development efforts.”

In 2022, these ten states win the talent war.


PhD student Genesis Fuentes watches a mock encounter at the University of Maryland’s Lab for Applied Social Science Research, where they are developing virtual reality in police de-escalation training, in College Park, MD.

Bill O’Leary | The Washington Post | Getty Images

The Old Line State has a tech talent line, with the second-highest concentration of science, technology, engineering, and math (STEM) workers after Washington, according to the U.S. Bureau of Labor Statistics. The state is looking to build on that success with Maryland STEM Connect, connecting parents, students, and educators to the region’s many federal agencies and military bases.

2022 squad note: 257 points out of 410 (Top States Grade: B+)

Net migration ranking: No. 28

Adults with a baccalaureate or higher: 40.9%

Professional Studies diploma : 13.4%

STEM workers: 10.1%

State of the right to work? Nope

9. Oregon

University of Oregon Lillis Business Complex building on campus in Eugene Oregon.

Don and Melinda Crawford | Education Pictures | Universal Image Group | Getty Images

With American workers on the move, The Beaver State is a big beneficiary. The Census Bureau estimates that college-educated workers moving to the state outnumber those leaving by nearly two to one. WorkSource Oregon is a statewide partnership between the Oregon Department of Employment and state and local nonprofits to retrain workers and connect them with employers .

2022 squad note: 259 points out of 410 (Top States Grade: B+)

Net migration ranking: No. 8

Adults with a baccalaureate or higher: 34.4%

Professional Studies diploma : 15.8%

STEM workers: 7.5%

State of the right to work? Nope


A man walks past the Salt Lake Temple, a temple of The Church of Jesus Christ of Latter-day Saints, in Temple Square, Salt Lake City.

Rick Bowmer | PA

The Beehive State gets its nickname from the hard work of its workers, and that trait really pays off these days. The vibrant tech scene in the growing Silicon Slopes area near Salt Lake City is attracting many STEM workers. But Utah is also big on career education, with a strong community college system. The state is slipping in the rankings this year because its unemployment rate — the second-lowest in the nation — is limiting the pool of available workers.

2022 squad note: 269 ​​out of 410 points (Top State Grade: A-)

Net migration ranking: No. 33

Adults with a baccalaureate or higher: 34.7%

Professional Studies diploma : 20.5%

STEM workers: 7.6%

State of the right to work? Yes


Historic Route 66. This road originally connected Chicago (Illinois) to Los Angeles (California) between 1926 and 1985. The highway no longer has an official existence but remains one of the most famous roads in ‘America.

Andy | Universal Image Group | Getty Images

Educated workers are flocking to the Grand Canyon State, making Arizona’s workforce smarter. Labor market data firm Lightcast says the average education level in the state has jumped 16% in the past five years, one of the biggest increases in the country. The state also has a pool of ready workers with two-year degrees and certificates. But Arizona’s workforce development program, known as [email protected], has had mixed results in getting participants back into the workforce.

2022 squad note: 273 out of 410 points (Top State Grade: A-)

Net migration ranking: #3

Adults with a baccalaureate or higher: 30.3%

Professional Studies diploma : 23.8%

STEM workers: 6.5%

State of the right to work? Yes

6. Florida

Students walking outside the Chemistry and Physics building at Florida International University.

Jeff Greenberg | Universal Image Group | Getty Images

The Census Bureau estimates that about 200,000 college graduates have moved to Florida in the past five years, while only about half that number remains. As a percentage, this is the highest level of migration in the country. The state makes up for a relative lack of tech workers by providing a ready supply of employees with industry-recognized certificates. “They’re focused. They have a strong workforce development program,” said Cara Christopher of Lightcast, who praised the state’s partnerships with colleges and universities.

2022 squad note: 274 out of 410 points (Top State Grade: A-)

Net migration ranking: No. 1

Adults with a baccalaureate or higher: 30.5%

Professional Studies diploma : 21.4%

STEM workers: 5%

State of the right to work? Yes


Bottling station at the Dogfish Head Brewery in Milton, Delaware.

Loop Images | Universal Image Group | Getty Images

Delaware workers are among the most productive in the country, accounting for about $140,218 in economic output per job last year. That’s according to data from the US Bureau of Labor Statistics and the US Department of Commerce. The state offers strong worker training programs. And with unemployment above the national average, there are plenty of people here to hire.

2022 squad note: 277 out of 410 points (Top State Grade: A-)

Net migration ranking: No. 23

Adults with a baccalaureate or higher: 32.7%

Professional Studies diploma : 13.3%

STEM workers: 7.2%

State of the right to work? Nope


The Microsoft Headquarters Campus Visitor Center in Redmond, Washington.

Stephen Brashear | Getty Images

No state offers a greater concentration of STEM employees than Washington. It’s a long-standing priority at The Evergreen State. In 2013, the state legislature created the Washington State STEM Education Innovation Alliance. Led by the governor’s office, the alliance brings together leaders from labor, education, government, and nonprofit organizations to advance STEM education starting in kindergarten.

2022 squad note: 282 points out of 410 (Top State Grade: A)

Net migration ranking: No. 2

Adults with a baccalaureate or higher: 36.7%

Professional Studies diploma : 21.7%

STEM workers: 10.2%

State of the right to work? Nope

3. Georgia

Downtown Atlanta, photographed from the Jackson Street Bridge in Atlanta, Georgia.

Raymond Boyd | Michael Ochs Archives | Getty Images

The Peach State is a leader in worker training. The state’s workforce development program, WorkSource Georgia, is a network of 19 local WorkSource offices overseen by the state’s technical college system. Localized orientation is a key aspect of the state’s efforts to align its workforce with business needs, and it seems to be working. According to data from the US Department of Labor, Georgia ranks 4th in a key measure of workforce development: moving adults from training to employment.

2022 squad note: 297 points out of 410 (Top State Grade: A+)

Net migration ranking: No. 7

Adults with a baccalaureate or higher: 32.2%

Professional Studies diploma : 21.4%

STEM workers: 6%

State of the right to work? Yes


A giant cowboy boot is displayed outside the Tesla Giga Texas manufacturing plant during the ‘Cyber ​​Rodeo’ grand opening party on April 7, 2022 in Austin, Texas.

Suzanne Cordeiro | AFP | Getty Images

Skilled workers are heading to the Lone Star State in droves. And when they do, they work hard. Texas is in the top ten for labor productivity, with $139,549 in economic output per job last year. With an unemployment rate above the national average, employers have many industrious workers to choose from.

2022 squad note: 299 points out of 410 (Top State Grade: A+)

Net migration ranking: #3

Adults with a baccalaureate or higher: 30.7%

Professional Studies diploma : 16.3%

STEM workers: 6.6%

State of the right to work? Yes

1. Colorado

Denver Public School’s Now Hiring sign posted in front of Bromwell Elementary School in Denver, Colorado on Tuesday, Dec. 7, 2021.

Hyoung Chang | Denver Post | Getty Images

The centennial state has the second most educated workforce in the nation behind Massachusetts. And these smart workers stay put. While some other states suffer from a brain drain, Colorado only loses about 10,000 graduate workers a year, far fewer than those who migrate there. Although it is not technically a right-to-work state in which employees cannot be fired for refusing to join a union, the state does provide some protections to non-union workers under of what he calls a “hybrid” system.

2022 squad note: 302 out of 410 points (Top State Grade: A+)

Net migration ranking: No. 11

Adults with a baccalaureate or higher: 36.7%

Professional Studies diploma : 41.6%

STEM workers: 9.2%

State of the right to work? Hybrid

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Salt lake city

Jacob City Fire police say man started now 35% content

This week’s thunderstorms and upcoming monsoon humidity could bring relief.

(Rick Egan | The Salt Lake Tribune) Smoke from the Jacob City Fire, Saturday, July 9, 2022. The fire has reached a level of 35% containment, officials said Friday.

The Jacob City Fire, which has burned 4,185 acres in Tooele County since July 9, reached 35% containment on Friday, officials said.

The blaze that was burning about a mile east of Stockton ignited after a generator caught fire, authorities said. Stockton police arrested a man on Tuesday accused of negligence in connection with the fire.

This week’s thunderstorms dumped “moderate wetting rain” on the wildfire, according to Utah Wildfire Info, which was especially helpful at the fire’s lower elevations. But at higher elevations, the thick canopy of trees prevented rain from reaching the flames on the ground.

The weekend forecast, however, is warm and dry. Authorities expect monsoon humidity to return to the region next week.

Man tried to put out generator fire, police say

On Friday, Utah Wildfire Info reported that crews improved the line of fire at the northern edge of the blaze and were able to increase containment along its perimeter. Crews are focusing on the northern area of ​​the fire near Edwards Pass, south of Soldier Creek and north of Bald Mountain.

The southern and southeastern edges of the fire are located on more rugged terrain, so containment has been more elusive. Crews have been dispatched to remove dead trees in steep areas, which may endanger firefighters.

The man arrested on Tuesday faces charges of reckless burning and reckless endangerment. He said the generator near his motorhome caught fire on July 9 and spread to surrounding trees.

It happened as he left a circular saw plugged into the generator, police said. The saw often got hot while in use, the man told investigators, so he put it in the back of the motorhome, near a sealed gas canister. Temperatures that day reached around 103 degrees.

About 10 minutes later, the man heard a noise. When he returned outside, he found the top of the generator on fire, along with surrounding trees, police said.

When the man attempted to put out the fire, he threw burning sage and embers under the RV – where another gas canister was, which ignited and began to burn the RV. He then called 911.

“Negligence does not relieve a party of liability and consequences for an incident that occurs as a result of one’s actions,” read a statement from Stockton Police.

Authorities said people should be aware of current fire conditions when recreating on public lands, and special precautions should be taken to prevent wildfires.

“You will be held responsible”

Police also arrested four people accused of starting the Halfway Hill Fire, which burned 11,637 acres south of Fillmore on Friday.

This wildfire is only 15% contained and was started after four campers started a campfire and then “burst out,” according to a probable cause statement. Road closures are still in effect around the fire.

On Monday, Utah Governor Spencer Cox promised that those who start wildfires in the state will face repercussions.

“You will be held civilly liable and you may be held criminally liable if you break the laws by starting this fire,” he said.

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Utah economy

ThinkGeoEnergy – Geothermal Energy News

Geothermal Lithium Mining Award banner (Source: American-Made Challenges website)

Five universities in the United States have been announced to move to the next state in US-made geothermal lithium mining price and can work on their projects to help extract lithium from geothermal brine.

In a statement shared yesterday, the U.S. Department of Energy (DOE) announced the finalists for the $4 million U.S. Lithium Geothermal Mining Prize, a competition supporting innovations that help reduce costs and impacts. environmental aspects of lithium extraction from geothermal brines. , salt water that is a by-product of geothermal energy production.

Demand for lithium, a critical material used in electric vehicle batteries, grid-scale electricity storage, phones and laptops, has grown rapidly in recent years, with global demand expected to increase by 500% by 2050. The United States depends on other countries. for nearly all of its lithium supply, and mining the ore depletes water resources and can harm the environment. The use of brines already produced by geothermal energy presents a solution because it is an environmentally friendly process that produces lithium.

“A reliable supply of lithium in the United States is critical to enabling 100% clean energy conservation and strengthening our energy security,” said Kelly Speakes-Backman, Principal Assistant Assistant Secretary for Energy Efficiency and Energy. renewable. “We look forward to these teams developing innovative solutions that can empower the United States on an essential mineral that powers many aspects of our daily lives, now and in the future.”

With this award, the DOE is advancing the development of national, competitive, and sustainable lithium sources, particularly around the Salton Sea in Southern California. This area has the potential to produce more than 600,000 tons of lithium annually and support a robust supply chain that makes the United States a leading lithium exporter.

The five Geothermal Lithium Mining Award finalists have identified impactful solutions that can safely and cost-effectively extract lithium from geothermal brines. Each team will receive $280,000 and participate in the third and final phase of the competition. The finalists are:

  • George Washington University – Ellexco team: “Chemical-free extraction of lithium from brines”
  • Rice University – LiSED Team: “Selective Lithium Electrodialysis”
  • University of Illinois Urbana-Champaign – SelectPureLi team: “A redox membrane for LiOH extraction”
  • University of Utah – University of Utah Team: “Engineering Lithium Ion Sieving Technology”
  • University of Virginia – TELEPORT team: “Targeted extraction of lithium with electroactive particles for recovery technology (TELEPORT)”

Over the next 12 months, these teams will manufacture and test their designs and present their prototypes to a panel of expert reviewers. Winners will be announced in fall 2023 and will receive a total of $2 million.

The American-Made Geothermal Prize is administered by the National Renewable Energy Laboratory and funded by the Geothermal Technologies Office of the DOE’s Office of Energy Efficiency and Renewable Energy.

Source: US Department of Energy

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Salt lake city government

Pastor assignments take effect August 3: Father Kelechi Alozie

Friday, Jul 15, 2022

Prof. Kelechi Alozie is from Umuagbai, Aba Local Government Area, Abia State, Nigeria. He did his philosophical studies at the Claretian University, Maryland Nekede, Owerri, Nigeria, which is affiliated with the Pontifical University of Rome, Italy, where he obtained three bachelor’s degrees. He then attended the Pontificia Universidad Javeriana, Bogotá, Colombia, where he obtained a bachelor’s degree in theology. He also has a degree in Spanish from the Universidad de Gran Colombia, Bogotá.

He was ordained a priest on June 28, 2008 in Soacha Bosa, Cundinamarca, Colombia by Bishop Daniel Caro Borda, after which he ministered for two years at St. Joseph’s Church, Aba, Nigeria. This was followed by two more years in two parishes in the Diocese of Aba. He then traveled to the United States, where he ministered in Los Angeles for eight years. In 2020, he arrived in the Diocese of Salt Lake City and was appointed parish vicar of St. George Parish in St. George. On August 3, he will begin his new assignment as administrator of Our Lady of Lourdes parish in Magna.

What would you like your new parishioners to know about you?

I want them to see me as a member of the parish community and as their priest. I would like them to understand that we have a common mission which is the mission of Our Lord Jesus. I would like to identify with them through my pastoral commitment. I will also engage in spiritual direction when needed and add value to different faith communities.

What do you expect the most from your new mission?

I look forward to developing a good pastoral relationship with the parishioners, where everyone will be loved, honored and respected. In other words, it is my desire to create a healthy spiritual environment for the members of my parish community.

As a priest, what has been your greatest challenge?

The question of challenges in life is natural. My biggest challenge in life was the death of my parents, which was very traumatic, not only for me but for my whole family. I felt that I had lost everything. Emotionally, I was traumatized. I survived the challenge by the grace of God.

As a priest, what has been your most satisfying experience?

My most satisfying experience is when I perform my priestly duty well and see a positive result. I am also overjoyed when I see the expression of joy and happiness among God’s people during/after the celebration of one of the sacraments. And least but not last, when I see the growth of faith in the lives of the people I have served, I am truly satisfied.

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Salt lakes real estate

Bridge Investment Group Announces Solar Energy Expansion and Partnership with Lumen Energy

SALT LAKE CITY–(BUSINESS WIRE)–Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its brand new strategy, Bridge Solar Energy Development (“Bridge Solar”), in partnership with Lumen Energy Inc. (“Lumen”).

As companies strive to decarbonize their operations, on-site renewable energy is becoming more economical. Commercial rooftop solar technology costs have fallen 69% over the past 10 years, while retail electricity prices have increased 10% nationally since 2020; However, on-site commercial solar deployment has remained slow due to complex utility building data, supply chain issues, financing complexities, and various state-specific incentives. For one-time projects, the overhead and capital expenditure of the unfamiliar process remains high relative to the direct benefits, but too low for large-scale investors. Bridge believes its national footprint and local expertise, combined with Lumen’s data-driven technology, will streamline the analysis and implementation of solar power in a high-demand market that has been largely untapped. Only 4.5% of the approximately six million commercial properties in the United States currently have solar panels, leaving more than 145 gigawatts of solar potential on site.

“We expect Bridge Solar to fill an unmet need for green energy, through the provision of clean energy at a discount to market rates by deploying renewable energy infrastructure equipment on existing buildings,” said John Ward, Bridge Solar’s managing director and managing director. Investment Officer, Bridge Office. “By partnering with Lumen Energy, a leader in clean energy software and energy project development process technologies, we will offer the best in the design, procurement, construction and operation of solar projects on properties owned by Bridge-managed funds and third-party assets.”

This unique partnership allows Bridge Solar to simultaneously assess thousands of new property addresses and make decisions in minutes. Leveraging technology pioneered at US National Labs, Lumen’s technology quantifies the economically ideal “clean energy stack” unique to each property, including financing and incentives, and then automates the deployment process.

“We are excited to partner with Bridge for the next phase of Lumen’s growth,” said Peter Light, CEO of Lumen. “Together, our scale, precision, and automation allow us to deliver cost-effective decarbonization with speed and ease. By constructing solar power systems on existing buildings, Bridge Solar will utilize unused space to meet the growing demand for energy, while simultaneously offering owners and tenants a discount on market energy prices.

About Bridge Investment Group

Bridge is a leading vertically integrated real estate investment manager, diversified across specialty asset classes, with approximately $38.8 billion in assets under management as of March 31, 2022. Bridge combines its operating platform nationwide with dedicated teams of investment professionals focused on select U.S. real estate. real estate verticals: residential leasing, offices, development, logistics real estate, net lease and mortgage backed by real estate.

About Lumen Energy

Lumen Energy is a leading software platform that allows commercial real estate owners to cost-effectively select and deploy renewable energy across many properties at once. Lumen Energy’s software merges supercomputer outputs and energy market data into investment-grade financial models, allowing building owners to easily assess which clean energy solutions improve the value of their buildings. The Lumen Platform connects homeowners to a market of skilled local installers, automating clean energy deployment from start to finish.

Forward-looking statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. All statements other than statements of historical fact may be forward-looking statements. In some cases, you can identify forward-looking statements by words such as “outlook”, “could”, “believe”, “expect”, “potential”, “opportunity”, “continue”, “may”, ‘will’, ‘should’, ‘over time’, ‘seeks’, ‘predicts’, ‘intends’, ‘plans’, ‘estimates’, ‘anticipates’, ‘expects’ or negative versions of these words, other comparable words or other statements that do not relate to historical or factual matters. Accordingly, we caution you that these forward-looking statements are based on our beliefs, assumptions and expectations as of the date of our future performance, taking into account all information available to us at that time. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. Actual results may differ materially from those expressed or implied in forward-looking statements due to a number of factors, including, but not limited to, the risks described from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. Bridge Investment Group Holdings Inc. undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or the solicitation of an offer to buy securities of the Company or any investment fund managed by the Company or its affiliates.

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Salt lake city

Housing market: how much does rent cost in Utah? These cities are the most expensive

Although rent prices have not risen quite at the same rate as house prices, they have continued to climb steadily as the US housing market tumbled.

Utah is no exception. While home prices in the Salt Lake Valley have risen 50% over the past two years, average rental rates have increased about 12% to 15% per year, according to the Utah Apartment Association. Utah’s capital, Salt Lake City, also recently ranked No. 3 in the nation among other major metropolitan areas with the largest increases in rent prices from 2019 to 2022.

So, as prices climb, what are the cheapest and most expensive cities to rent in the Salt Lake metro area?

The most expensive place to rent: The suburb of Sandy — located about 20 miles south of Salt Lake City and known for its proximity to Little Cottonwood Canyon and the Silicon Slopes tech district — was the most expensive town to rent, according to a Zumper’s new reportwhich analyzed seven Wasatch Front towns in Salt Lake and Utah counties.

  • For a one-bedroom unit, the median rent in Sandy was $1,300 last month, according to the Zumper report. For two bedrooms? It was $1,580.

The cheapest: The cheapest city ranked by Zumper in his analysis is Provo, home to Brigham Young University.

  • For a one-bedroom unit in Provo, the median rent was $950 last month, according to the report.

Here’s how Zumper ranked the seven cities in its report on the Salt Lake metropolitan area:

  1. Sandy: median rent for one bedroom of $1,300, or $1,580 for two bedrooms.
  2. Millcreek: $1,250 for one bedroom, $1,560 for two bedrooms.
  3. Salt Lake City: $1,250 for one bedroom, $1,520 for two bedrooms.
  4. Orem: $1,220 for one bedroom, $1,290 for two bedrooms.
  5. South Salt Lake: $1,170 for one bedroom, $1,430 for two bedrooms.
  6. Ogden: $1,000 for one bedroom, $1,390 for two bedrooms.
  7. Province: $950 for one bedroom, $1,180 for two bedrooms.

Where rents are rising fastest: Of all those cities, Millcreek — another suburb a short drive south of Salt Lake City and at the base of Millcreek Canyon — has seen the fastest year-over-year growth.

  • The median one-bedroom rent in Millcreek of $1,250 marks a 30% increase from this time last year.
  • Just behind Millcreek is Ogden, where a two-bedroom rent of $1,390 marks a 27.5% year-over-year increase.
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Utah economy

Jobs with the strongest growth over the last decade | Lifestyles

Photo credit: Olena Yakobchuk/Shutterstock

The U.S. job market has been strong for workers for much of the two years since the COVID-19 pandemic began. After the pandemic shut down large parts of the economy and put millions out of work, employment recovered quickly and the unemployment rate stood at 3.6% in June 2022. But the workers were also able to be more selective about their employment opportunities. Workers across all income scales have sent quit rates to historic highs in what’s been called the ‘Great Quit’, seeking jobs with higher pay, better working conditions or aligned with their mode lifestyle or professional goals.

Despite the economic disruptions of the pandemic and the looming prospect of a recession, many workers today have great opportunities to earn more or advance their careers. And some areas offer even more opportunity than others thanks to economic, demographic and technological trends that predate the pandemic. From globalization to the aging of the population to the rise of the Internet, major forces have reshaped the economy and created new professions and even new industries in a few years.

Among the broad occupational categories, health support occupations have experienced the greatest growth over the past decade. These occupations have seen a 67% increase in employment since 2011, fueled in large part by the aging and rising health care needs of the baby boomer generation. Other high-growth categories include business and financial operations, transportation and material moving, and management, which have each grown more than 40% over the past decade during the steady recovery of the economy. economy after the Great Recession. And computer science and math occupations have seen impressive growth of 36.6% as technology, data and analytics become increasingly essential to the operation of businesses.

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Salt lake city government

LANE ONE: USOPC nears $900m in total assets, spent $200m on athlete support, including $81m to athletes in 2021, but needs more

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The United States Olympic and Paralympic Committee is big. Really big. Larger than all but one International Federation, and probably the third richest Olympic Movement organization in the world.

USOPCs financial statements for 2021 were released at the end of June and show a complex, multi-layered organization that emerged from the most devastating period of the global Covid pandemic with impressive total assets of $898.6 million.

With operations slowly returning to normal and the promotional push ahead of the Games in Los Angeles in 2028 and possible Winter Games in Salt Lake City in 2030, it is possible to imagine the USOPC as a business of a billion dollars – on paper, anyway – by the end of this decade.

How does this juggernaut of 525 employees and 795 volunteers compare to the biggest players in the Olympic Movement? Very well indeed; by total assets from audited financial statements (* = converted to US dollars, from Swiss francs):

● $5.609 billion: International Olympic Committee (end 2021)

Selected International Federations:
● $5.492 billion: FIFA (football; end of 2021)
● $295.4* million: ISU (skating: end of 2021)
● $221.6* million: FINA (aquatics: end of 2021)
● $160.8* million: FIBA ​​​​(basketball: end of 2020)
● $133.0* million: FIVB (volleyball: end of 2020)
● $132.2* million: FIS (ski & snowboard: end of 2021)
● $104.7* million: UCI (cycling: end of 2021)
● $55.6 million: World Athletics (end 2020)
● $49.0* million: IIHF (ice hockey: mid-2020)
● $45.3* million: FIG (gymnastics: end of 2020)

Financial information for other National Olympic Committees was difficult to obtain, but the Canadian Olympic Committee had total assets of US$174.7 million at the end of 2021 and the Japanese Olympic Committee had $72.2 million in assets (converted to yen) at the end of 2020. It should be noted that in Japan, 41.3% of its fiscal 2020 budget consisted of government grants.

The USOPC receives no government funding and is still bigger than everyone but the IOC and FIFA. Lots of numbers to show, so take it easy. But it’s interesting.

USOPCs finance show a three-part organization: the USOPC operating division, the United States Olympic and Paralympic Foundation, which raises funds, and the United States Olympic Endowment, which invested the $111.4 million dollars that the then USOC received as a 40% share of the surplus from the 1984 Olympics in Los Angeles, and pays grants to the USOPC itself from investment income. Assets declared at the end of 2021:

● USOPC: $497.9 million (operating)
● USOPF: $53.4 million (fundraising)
● USOE: $492.4 million (endowment)

Of the total USOE, some $101.0 million is held on behalf of the National Governing Bodies who have placed their 20% share of the LA84 surplus with the USOC share for joint investment. And the USOPC itself borrowed $133 million during the pandemic and owes $131.1 million, with the notes due to mature in 2031.

The removal of all liabilities and holdings for others and the USOPC net assets are still at a very good level of $568.1 million through the end of 2021. Wow.

So why can’t he spend whatever he wants for whatever he wants?

Once you boil down the USOPC Foundation and the US Olympic Endowment, the USOPC itself has assets of $265.2 million, and had revenues in 2021 of $459.9 million and expenses of $353.1 million for a net gain of $106.8 million in an Olympics year in 2021. The money came mainly from two sources:

● $205.5 million: IOC TOP sponsors and USOPC sponsors
● $191.0 million: IOC TV share and Olympic Trials TV sales

This represents 86.2% of all USOPC revenue for 2021. Contributions were $14.8 million to USOPC and an additional $36.0 million to the USOPC Foundation, and there had investment income in the three entities of $50.9 million. Looking at the entities combined, 80.5% of all revenue came from sponsors and television, with 18.4% from donations and investments; it’s 98.9%.

The money doesn’t come as fast in non-Olympic years: $208.2m in revenue for 2020 and $205.2m in 2019. So the IOC money makes a big difference, maybe $250m dollars in an Olympic year and $135 million or more in a year. The year of the Winter Games!

The USOPC is well aware of the interest in the amounts it pays athletes and the athlete support services. Beginning with the 2020 Financial Statements, a table has been added to break down USOPC expenditures for Direct Athlete Payments, Athlete Support, Direct Payments to National Governing Bodies, and NGB Support Services:

● 2020: $107.7 million, $31.8 million in athlete grants and $57.2 million in NGB grants
● 2021: $158.9 million, $46.1 million in athlete grants and $68.1 million in NGB grants

This is a 48% increase in one year and a 45% increase in direct subsidies to athletes; it’s also important to note that some of the NGB grant money also ended up going directly to the athletes. NGB’s largest grant payments went to:

1. $6.8 million: skiing and snowboarding in the United States
2. $5.4 million: United States Athletics
3. $5.1 million: USA Swimming
4. $3.3 million: American Gymnastics
5. $2.3 million: United States Bobsleigh & Skeleton

Largest recipients of Direct Athlete Grants:

1. $5.5 million: American track and field athletes
2. $4.5 million: American swimming athletes
3. $2.9 million: American volleyball athletes
4. $2.8 million: American ski and snowboard athletes
5. $2.7 million: U.S. Paralympic track and field athletes

Thus, for the critical clenched teeth who shout that the USOPC only spent 10% on payments to athletes ($46.1 million out of $459.9 in revenue), the truest figure starts at 34.5% with the 158.9 million dollars in payments to athletes, for athlete services and to NGBs in cash and services.

Another graph shows the breakdown of $200.1 million (43.5%) spent on “Athlete Excellence”, including $80.8 million for all Athlete Grants (18%), plus 40, $9 million for Games support, $23.1 million for sports medicine, $22.5 million for training facilities, $6.6 million for sports science, etc. That’s the number the USOPC shows as its funding commitment to athlete programs in 2021. And they spent the money.

And let’s face it: Athletes need coaches, places to train, sports medical aid and that $40.9 million in support to get to Tokyo and other competitions. and return safely.

USOPC senior staff are well paid for what they do. The last page of the 2021 financial statements shows the top 20 staff by compensation, all of whom had a total salary (including benefits) of $285,159 or more.

Even with all this wealth, it is not enough. The 2019 Boundary Commission report, which examined the structure of the USOPC following the Nassar gym abuse scandal, noted:

“Elite athletes from other countries often receive significant government funding. The USOPC is to establish a program of basic financial support directly to athletes, although the Commission realizes that different categories of athlete will receive different levels of support. The Commission further recognizes that any significant source of such funds must be sourced creatively beyond current revenue streams. »

USOPC’s 2019 financial statements showed direct support to athletes and NGB of $96.6 million, which increased 22.3% to $121.5 million for 2021. they mean and former Chairman of the USOPC Athlete Advisory Council Han Xiao is co-chair and was also a member of the Boundary Commission, which provides continuity between these review efforts.

Looking carefully, not so much at what has happened in the past, but what may happen in the future, will be the new Chairman of the Board of USOPC Gene Sykeswho will take over in January 2023.

Even with so much money on paper, the USOPC needs more money to create annual stipends for athletes and closer cooperation with national governing bodies to develop well-defined competition and training environments that lead to success on the field and create new enthusiasm for Olympic sports as the unparalleled NCAA training system in the United States is on the verge of collapse.

The USOPC is rich, but although the rest of the world doesn’t want to hear it, it needs to get rich.

Rich Perelman

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Salt lake city

‘Real Housewives of Salt Lake City’ Member Admits Cheating

Jennifer Shah, center, of the reality television series ‘The Real Housewives of Salt Lake City,’ touches her face mask as she leaves federal court in Manhattan, after pleading guilty to wire fraud conspiracy, at New York, Monday. She admitted that she and others defrauded thousands of people across the country for nearly a decade with a telemarketing fraud that convinced victims they could make big money from their own businesses. on line. (Lawrence Neumeister, Associated Press)

Estimated reading time: 3-4 minutes

NEW YORK — A member of the Real Housewives of Salt Lake City pleaded guilty Monday to a charge of conspiracy to cheat that could result in a jail term of more than 11 years.

Jennifer Shah, 48, of Park City, pleaded to a single count of conspiracy to commit wire fraud in Manhattan federal court after signing a plea agreement with prosecutors a day earlier that provides a recommended sentence of 11 to 14 years behind bars.

She told a judge that beginning in 2012, she participated in a massive telemarketing fraud for nearly a decade that prosecutors say deceived thousands of people across the country, some of whom were over 55 years.

She said she knew she was teaming up with others to market products to people “who were of little or no value.”

“I knew it was wrong and many people were hurt and I’m so sorry,” Shah told judge Sidney H. Stein.

Sentencing has been set for November 28. Shah remained free on bail but did not speak as she left the courthouse and walked a short distance to a waiting vehicle.

In a statement afterwards, U.S. Attorney Damian Williams called Shah “a key participant in a nationwide program targeting elderly and vulnerable victims.”

He added: “These victims were sold false promises of financial security, but instead Shah and his co-conspirators swindled them out of their savings and gave them nothing to show for.”

I knew it was wrong and a lot of people were hurt and I’m so sorry about that.

–Jennifer Shah

Assistant United States Attorney Kiersten Ann Fletcher said Shah acted as a “primary broker”, directing what the sellers were telling their victims and sharing the illegal profits, using some of the money to pay for the New York apartment where she lived and for other personal expenses. elements.

As part of his plea deal, Shah agreed to forfeit $6.5 million and pay $9.5 million in restitution.

Fletcher said Shah engaged in a fraud from 2012 to March 2021 that sold bogus services that were presented as capable of enabling people to earn substantial sums through online businesses.

Prosecutors said Shah and others provided lists of people to “Business Opportunity Scheme” buyers who actually consisted of other people who had previously paid to set up their own online businesses.

They said she lied about how much individuals could earn after purchasing the company’s services and about the alleged success of other people who purchased the services.

Shah began operating a Manhattan-based sales floor that sold the fraudulent products, Fletcher said.

These victims were sold false promises of financial security, but instead Shah and his co-conspirators swindled them out of their savings and gave them nothing to show for.

–American attorney Damian Williams

From 2018 to 2020, Shah controlled the day-to-day operations of the Manhattan operation and moved some of his operations to Kosovo to dodge law enforcement and regulatory oversight, the prosecutor said.

Prosecutors said Shah took various steps to hide his role in the fraud, including incorporating his business entities using third-party names, asking others to do the same, and directing others to use encrypted messaging apps to communicate with each other. They said she also made many structured cash withdrawals to avoid foreign currency transaction reporting requirements.

Fletcher said Shah told a co-conspirator to lie under oath when questioned by the Federal Trade Commission and provided him with written talking points to follow during the deposition.

She added that tax returns showed Shah underreported fraud proceeds by hundreds of thousands of dollars.

Shah also acknowledged during her plea that she went to treatment two years ago for alcohol and depression.

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Salt lakes real estate

Feeling the Effects of Drought in the Twelfth District – Federal Reserve Bank of San Francisco

July 11, 2022

At the San Francisco Fed, we are students of economics. We monitor current and future risks to the economy, including climate risk. The economic impacts of climate change, including the frequency and magnitude of severe weather events, affect each of our three main responsibilities: conducting monetary policy, regulating and supervising the banking system, and ensuring a safe and sound payment system.

“We need to think more about how to make every drop count,” California Governor Gavin Newsom said during a May meeting with leaders of the state’s largest urban water providers. . He warned that California could be forced to impose mandatory reductions across the state due to a severe drought.

In April, Utah Governor Spencer Cox declared a state of emergency due to severe drought conditions affecting the entire state. “Once again, I call on all Utahans – households, farmers, businesses, governments and other groups – to carefully consider their needs and reduce their water usage.”

Of course, it’s not just California and Utah struggling with record drought. Drought brings economic consequences, including increased fire risk, water restrictions, increased insurance costs and more. Of course, it’s not just California and Utah struggling with record drought – the impacts are being felt throughout the Twelfth District. According to the journal Nature Climate Change, the mega-drought in the western United States produced the region’s driest two decades in at least 1,200 years.

Here is an overview of the drought-related impacts felt in the district during the first quarter of 2022:

Drought intensity worsens

According to the US Drought Monitor, almost 95% of the western region was experiencing drought conditions. As a result, the district experienced a decline in water supply from the Colorado River and several other watersheds and had already begun to experience intense wildfires. The link between drought and wildfires is complex. According to the National Integrated Drought Information System, drought can be a contributing factor to wildfires. Dry, hot, and windy weather combined with dry vegetation (due to reduced snow accumulation and flow, dry soils, and widespread tree death) can increase the risk of wildfires. large-scale forest.

Federal water managers declared the first-ever water shortage along the Colorado River last year, causing outages for some of the river’s 40 million users. The Great Salt Lake has lost half of its water in the past 150 years, and Lake Powell’s water level is down 28 feet from last year. Through May 1, California’s aggregate intrastate storage reservoirs were nearly 30% below average and those from out of state (including the Colorado River) were only half of the average historical levels.

Most of the land in the western region of the Drought Monitor remained dry until May 3. In much of the district, drought intensity has worsened since late 2021 due to a dry spring. Forecasts from the National Oceanic and Atmospheric Administration and the National Interagency Fire Center suggest the drought will continue and wildfire risk will remain heightened across much of the district. Notably, many of California’s most destructive fires since 1991 have occurred in the past five years, setting an ominous precedent.

Dry and windy conditions have already contributed to increased wildfire activity in 2022. Year-to-date through June 13, the National Fire Information Center has tracked 29,827 fires which have burned more than 2.6 million acres nationwide, well above a 10-year average of 23,070 fires and 1.1 million acres. New Mexico and Texas have scorched more than half of the scorched land area since the start of the year, while the district states accounted for about 29%, led by Alaska. As we head into “fire season”, the level and magnitude of fire activity in the district will likely increase. For example, in 2021, the Twelfth District wildfires consumed more than 5.1 million acres, representing 73% of all wildfire area nationwide.

Figure 1
Drought severity, western region

Drought Severity measured as percentage of land in drought, Western Region.

West = twelfth district plus MT and NM. Source: University of Nebraska-Lincoln, United States Department of Agriculture, National Oceanic and Atmospheric Administration, 5/3/2022

Increased risks in the twelfth arrondissement

As many Westerners know, drought presents an increased risk of wildfires to their homes, businesses and communities. In addition, it creates unique economic challenges for borrowers who depend on water quality and accessibility, such as farmers, ranchers, food and beverage producers, hydroelectric generators, miners metals and businesses related to aquatic recreation (for example, centered around lakes or rivers). Although most banks in the Twelfth District do not directly hold a high concentration of agricultural and agricultural loans, they are exposed to economies centered on agricultural activity, for example in the Central Valley of California, the West of the Oregon, eastern Washington, southern Idaho and parts of other district states. According to the USDA’s Economic Research Service, “In areas that depend on rainfall for crop production, drought can decrease crop and livestock production and can severely affect farm profitability. The drought also reduces the amount of snowpack and the flow available for diversions to irrigated agricultural land. These impacts can affect all local, regional and national economies. They then classified, as of March 8, 2022, more than 20% of land in western states as experiencing extreme or exceptional drought.

District banks face financial and operational risks in the event of wildfires, as they may have to restrict the operations of branches located in fire-prone or evacuation-prone areas. Fire insurance provides a layer of protection for secured home loans, but as many homeowners know, wildfire activity has affected the cost and availability of risk insurance, which could potentially exert pressure on real estate values ​​in certain areas.

In absolute terms, California has the most at-risk properties in the district due to its large size; however, the relative share of at-risk properties may be higher in other states in the district. For example, CoreLogic’s Wildfire 2021 report indicates that the percentage of homes at high risk for extreme wildfire activity is higher in Idaho, Utah, and Nevada than in California.

For more details on economic and banking conditions across the District, visit the First Look 12L 1Q22 report.

Elizabeth Lawson-Kurdy is the Communications Manager for Supervision + Credit within the Communications + Experience team at the Federal Reserve Bank of San Francisco.

You might also be interested in:

The views expressed herein do not necessarily reflect the views of the management of the Federal Reserve Bank of San Francisco or the Board of Governors of the Federal Reserve System.

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Utah economy

Utah House members launch election campaigns | News, Sports, Jobs

Courtesy of Alexis Warnick

Utah Rep. Norm Thurston smiles for a photo next to a yard sign. Thurston began his re-election campaign on Thursday, July 7, 2022.

The next time Utah County residents hear a knock on their door, it might not be a summer seller; it could be their elected representative. With GOP primaries in the past, Utah House Republicans are shifting into high gear campaigning for the fall and talking to their constituents.

For Rep. Norm Thurston, that meant spending the week with party officials in the area and getting to know the public.

According to Utah County Republican Party Chairman Skyler Beltran, all races in the county will receive equal party attention and with a simple message at all levels.

“Voters will hear a clear message about parental rights, the protection of individual freedoms and the value of strong families. All the fundamentals of our Party,” Beltran wrote in an email.

Thurston represents District 62, which stretches from South Provo to Springville. He officially launched his campaign for a fifth term by reaffirming his focus on three main issues: the economy, education and individual freedoms.

Two of which, the economy and personal freedom, are, according to him, interconnected.

“When the economy is good, people prosper. When people prosper, they rely less on government,” Thurston said.

Specifically, it is pushing for “minimum regulations” and plans to review professional licensing laws. He mentioned reviewing professions that have “too heavy” course requirements that don’t count work experience for licensing, among other issues.

Thurston isn’t alone in focusing on education. Utah’s 2022 legislative session was highlighted by a handful of controversial school-focused bills.

Thurston voted against the two most notable bills – the Hope Scholarship Program, House Bill 331, and Student Eligibility for Interscholastic Activities, HB 11, known colloquially as prohibition of transgender sports.

While saying he supports parents with choices, he thinks there are already a multitude of public options between public schools, charter schools and home schooling.

“The Hope Scholarships Bill was intended for only one thing, adding private schools to that list,” he said. He is not opposed to the idea of ​​the bill, but ultimately did not support the final draft due to a lack of clarity regarding where the money will come from and where it will go.

Although he is firm in his beliefs, Thurston will not support any bill without having the opportunity to examine the wording.

“While I know where I am conceptually, the details of these bills really matter. … House Bill 11 would be a very good example of this – the version we looked at in the House was not the version that came back from the Senate,” he said.

Thurston voted in favor of HB 11 to override Governor Spencer Cox’s veto.

Although his goals are broad, Thurston has become connected to one of his most recurring issues – license plates. During the previous session, he drafted a bill that would have significantly changed state laws regarding license plates.

His focus on the rear bumpers of cars will and has been part of his run at Utah House. Democrat Daniel Friend repeatedly mentioned Thurston’s attention to license plates during his campaign.

“While this may sound funny to him, it is serious. It affects our constitutional rights,” Thurston said.

He thinks the problem has to do with the free speech and personal freedoms of Utah drivers.

Thurston and Friend will face each other in the general election for the second time, having both sought the seat in 2018 when Thurston won with 55% support.

Although there are 16 Utah House of Representatives districts spanning Utah County, not all GOP incumbents will face opponents in November.

Five races feature Democratic challengers after just two in 2020.

Beltran said the number of races contested would not affect the course of campaigns – and took the opportunity to fire at the Democratic Party over the decision not to have a candidate in the U.S. Senate race.

“No change in our strategy this year. Our message of conservative values ​​and principles continues to resonate with voters in Utah County. Democrats have their work cut out for them when they decide their candidate and platform in the Senate were a lost cause and did not put anyone in place,” Beltran said.

Thurston, however, simply enjoys having an opponent on the general election ballot.

“I think elections are important. It’s important that people have a choice and that candidates present their best ideas,” he said.


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Salt lakes real estate

New York Times and John Oliver criticize Utah’s water-saving measures, but we need to do more, say editorial board

If Utah’s water-saving measures are to be effective in the face of drought, we need more action ASAP.

(HBO) Utah took the brunt of John Oliver’s jabs on Sunday’s edition of “Last Week Tonight.”

So it looks like Utah Governor Spencer Cox is feeling a bit harassed by some mainstream national media outlets who he feels have treated his state unfairly in their coverage of the prolonged drought and our state’s response to it. this one.

Governor, we feel your pain.

One thing officials and reporters have in common is a sense of resentment when reporters or TV producers parachute out of New York or Washington and discover a problem that people in government and in the press are aware of. since a long time.

So the series of Twitter posts that Cox launched on Tuesday, criticizing some recent work from the New York Times and the HBO show “Last Week Tonight with John Oliver”, is drawing sympathy from the editorial board of your favorite news agency. from Utah.

Cox, of course, is always happy to promote positive coverage for himself or his state in the national media, bragging about how the country is taking notice of “the Utah Way.”

But last week the Governor took issue with the Times’ doomsday reporting and a 20-minute screed by Oliver (which was genuinely hilarious) because the two spoke at length about the impact of the ongoing drought without offering too many solutions. reasonable. or give credit for actions Utah has taken.

The governor is right.

The last session of the Utah Legislature, a body little known for its environmental awareness, produced a handful of helpful bills that will spend millions of dollars on efforts to mitigate the effects of the drought. The most important might be a measure that ended a century of laws on the use or use of water.

The old law urged water rights holders to use their allocations, often to grow water-thirsty crops like alfalfa, or risk losing the rights. Now, under the provisions of HB33, farmers can let more of that water flow downstream, recharging the Great Salt Lake and other surface and groundwater supplies, without giving up their right to future use.

The Times and HBO shrugged off those accomplishments.

Meanwhile, Utah reporters are doing more than doomscrolling. The Salt Lake Tribune has the Innovation Lab, dedicated to reporting on solutions, not just problems. The Tribune is also one of 23 organizations that created the Great Salt Lake Collaborative. It’s news organizations, schools, non-profits and researchers looking not only at what’s wrong with the lake, but very precisely and practically at what can be done this subject.

This does not mean that The Times and John Oliver did not raise specific and vital questions.

The imminent disappearance of the Great Salt Lake is much more than an aesthetic or touristic challenge. The loss of an entire ecosystem would not only be devastating to wildlife, but would also threaten to blanket the Wasatch Front which is a cloud of toxic dust that not only endangers the lives of everyone in the area but could, in a particularly vicious cases of karma, ruining the economic value of all this water-sucking development.

Oliver rightly pointed out that growing so much alfalfa for animal feed — some 2 million tons a year in Utah alone — in such a dry climate makes no sense.

Making fun of Cox’s call for Utahns to unite in prayer in hopes of bringing more rain was an irresistible target for any current-oriented comedian. It could also be an example of how the coastal media elite leaves many people in the rest of the country feeling disrespected.

Still, the rude god of Oliver’s program who told Utah we couldn’t pray our way out wasn’t wrong. This will require human action, not divine intervention.

Human action such as:

  • Use market prices and meters to ensure that water users – especially crop, park and golf course irrigators, who account for 70% of state use – bear the cost and are encouraged to use less. This means ending the use of property taxes, such as those soon to be raised by the Jordan Valley Water Conservancy District, to fund water projects in a way that hides the true cost to end users.

  • Urge the business and real estate communities, as well as the powerful and wealthy Church of Jesus Christ of Latter-day Saints, to grasp the catastrophic damage that the drought and decline of the Great Salt Lake will do to their investments.

  • Abandon expensive and ultimately unnecessary projects like the Lake Powell pipeline.

  • Act aggressively to steer Utah and the West away from the fossil fuel economy that has affected the global climate and exacerbated our drought. It’s a long-term solution rather than a short-term one, but Utah is uniquely positioned to benefit, both as a producer of sustainable energy and as a beneficiary of the reduction in chemicals that alter the climate. All the more reason it started yesterday.

We have taken action. We need to take a lot more. And if it takes strangers to point that out, well, every little bit counts.

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Salt lake city

Person hospitalized and in custody after critical incident involving Salt Lake police

Salt Lake City police arrested one person after a critical incident on Utahna Drive on Saturday night. (Salt Lake City Police Department)

Estimated reading time: less than a minute

SALT LAKE CITY — Salt Lake police arrested a person after a critical incident Saturday night.

Police say the person threatened officers with a gun near the intersection of Utahna Drive and Emery Street and is currently receiving treatment at a hospital. No officers were injured in the incident.

Salt Lake Police tweeted that they have started protocol for a critical incident involving an officer.

“There is no longer any danger to our community,” the tweet continued.

Most recent articles on the police and the courts

Jenny Rollins is a Utah-based freelance writer and former reporter. She holds a bachelor’s degree from Brigham Young University and a master’s degree in journalism from Boston University.

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Salt lake city government

The 2030 Winter Olympics in British Columbia could cost up to US$3 billion according to figures recently released by the Feasibility Team

Costs to host the 2030 Olympic and Paralympic Games in British Columbia are estimated to be between 3.5 and 4.0 billion Canadian dollars (2.7 and 3.09 billion US dollars), according to a report published Friday by the BC 2030 Feasibility Team in Vancouver.

BC 2030 Feasibility Team Paper, July 8, 2022

Estimates were released by Lil̓wat7úl (Líl̓wat), xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səl̓ilw̓ətaʔɬ (Tsleil-Waututh) First Nations, in conjunction with the feasibility team representing the Canadian Olympic Committee (COC) and CPC of the Canadian Paralympic Committee), the organizations should lead the bid if it were to go ahead if the International Olympic Committee (IOC) selects the Canadian province as the preferred candidate in December of this year.

Estimates are broken down into capital investments funded by the state and operating costs funded by the private sector. Investments such as venue renewal, construction of Olympic villages and the federally funded security budget are expected to cost between C$1 billion and C$1.2 billion (US$773 million to C$927 million). US dollars), taxpayers across Canada footing the bill. Essential government services and discretionary spending are not included in the forecast.

A legacy of over a thousand housing units and up to twenty years of renewed sports infrastructure will remain for the community. There is no financial legacy fund included in the budget.

Games planning and delivery – costs that are expected to be fully offset by broadcast, sponsorship, ticketing, merchandise and other revenue – are budgeted between C$2.5 billion and C$2.8 billion. Canadian (US$1.93 billion to US$2.16 billion). The most lucrative broadcast rights are already locked, having been purchased by NBC in the United States until 2032.

All estimates are based on 2022 dollars, but the feasibility team ensures that several contingencies and currency adjustments are factored into the equation to protect against unforeseen increases.

The feasibility team will seek council approval of the plans in July and August, followed by buy-in from the federal and provincial governments from October to November. The IOC is expected to select preferred bidders for the 2030 games in November with an announcement in December.

If the bid moves forward, an IOC visit is scheduled for February 2022 and the bid team will enter into a multi-stakeholder agreement. The IOC is expected to elect the winning bid in late May 2022 at an all-member meeting in Mumbai, India.

Earlier this year, Sapporo in Japan revealed a price tag of 280-300 billion yen (US$2.4-2.6 billion) needed to host the 2030 Games, down substantially from a proposal it four years ago in a campaign for the 2026 edition.

Hokkaido’s capital is proposing a more frugal scheme that would leverage existing venues for up to 92% of the facilities needed, many of which were built for the 1972 Sapporo Winter Olympics. Some of the aging venues will require renovations major events before any Games.

Salt Lake City in the United States has proposed a budget of $2.2 billion for the resumption of the 2002 Games, a figure which will increase by 10% to take inflation into account if the capital of Utah is rather the host in 2034.

Calculated with 24% inflated dollars to 2030, the bid committee estimates operational costs would be $1.75 billion and a contingency of $200 million would protect against overruns. An additional $250 million would be earmarked for legacy projects aimed at perpetuating the sport in Utah. These costs would be fully offset by expected revenue from broadcast contracts, sponsorships, and ticket and merchandise sales.

The Salt Lake City Games won’t take taxpayer money directly, but the entire security budget, which often costs several hundred million dollars, must be funded by the federal government, as with most major events. international in the United States.

Sapporo and Salt Lake City budgets are expected to increase due to a significant increase in global inflation in recent months.

More soon…

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Salt lake city

Joe leads 76ers past Thunder in SLC Summer League 80-79

By The Associated Press

Isaiah Joe gave the go-ahead 3-pointer with 25 seconds left, his fourth of the game, and the Philadelphia 76ers beat the Oklahoma City Thunder 80-79 on Thursday in Day 3 of the Summer League Salt Lake City.

Tre Mann missed a 3-pointer in the final seconds and Paul Reed secured the rebound to hand over the Thunder, who rested No. 2 pick Chet Holmgren in their third game in three nights, their first loss in three games.

Joe finished with 19 points and Reed had 14 points and seven rebounds for Philadelphia.

Mann scored 13 points. Josh Giddey, coming off a triple-double, had 10 points, five rebounds and seven assists for the Thunder.

Oklahoma City scored the first six points of the game, but Philadelphia responded with a 19-2 run.


Ziaire Williams scored 10 of his 19 points in the third quarter and Memphis closed out the SLC Summer League with a win over Utah.

Memphis trailed 50-38 at halftime. Williams scored six straight points to cut the Grizzlies’ deficit to single digits midway through the third quarter and David Roddy – one of Memphis’ first two rounds in the 2022 draft – had a late dunk and three-point play to help tie the mark at 68 heading into the final quarter.

Roddy finished with 16 points. Santi Aldama scored 14 points, while Xavier Tillman added 10 points and 14 rebounds.

Jared Butler had 22 points, seven rebounds and seven assists for Utah. ___

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Utah economy

‘Art is a good teacher’: New public exhibition draws attention to the drying up of the Great Salt Lake

On Tuesday, people march past a painting of the hand celebration: Save Our Great Salt Lake on 300 South in Salt Lake City. The painting is one of more than a dozen that highlight problems with the drying up of the Great Salt Lake, which hit an all-time high this week. (Carter Williams,

Estimated reading time: 7-8 minutes

Editor’s note: This article is published through the Great Salt Lake Collaborative, a solutions journalism initiative that brings together news, education and media organizations to help inform people about the plight of the Great Salt Lake – and what that can be done to make a difference before it’s too late. Read all of our stories at

SALT LAKE CITY – Jacob Brooks’ latest painting is quite simple, so simple his 3-year-old son can understand the message Brooks is trying to convey.

It’s a California seagull with a sego lily on its chest – Utah’s state bird and flower – sprawled on canvas. The bird is clearly sad, shedding a tear under the message “Save Our Great Salt Lake”. It’s intentionally simple enough that virtually anyone who meets it – even a 3-year-old child – knows something is wrong with the Great Salt Lake because the bird is crying.

“The simplicities I created were honestly aimed at the younger generation,” explained Brooks, an artist who lives in Provo. “It opens up a kind of dialogue about why the seagull is sad, which (leads to) talking about our shrinking Great Salt Lake.”

It is one of more than a dozen Great Salt Lake-themed paintings currently displayed on a four-block stretch of downtown Salt Lake City. They are the latest subject of a rotating public art exhibit created by the arts and culture nonprofit Craft Lake City.

The organization installed the 14 new artworks in downtown Salt Lake City over the 4th of July weekend, all of which highlight the importance, history of the lake or the looming environmental dilemma its drying up would create. The goal is to raise awareness of the importance of the lake, especially for those who don’t think too much about it, says Angela Brown, executive director of arts and culture association Craft Lake City.

“I think many of us who have lived in Salt Lake for several years often forget that we are so close to such a beautiful, unique body of water,” she said. “It really is a very, very unique body of inland saltwater – there aren’t many in the world.”

Art with a cause

All of the artwork in the collection is part of Craft Lake City’s Celebration of the Hand series, which began a few years ago to provide those traversing 300 South with an uplifting experience. This exhibit rotates the art every few months or so with different themes and ideas. All artwork is created by local artists.

As Brown pondered what this summer’s theme should be, it all seemed to come back to the city’s namesake: the Great Salt Lake.

Part of it has to do with how the Great Salt Lake has become Utah’s symbol of drought and water conservation. It hit an all-time low for the second time in two years and is expected to continue falling even lower in the coming months, US Geological Survey officials reported on Tuesday. Experts attribute the lake’s decline to the current western drought and ongoing mega-drought, as well as projects that have diverted water from its tributaries.

Its decline is alarming as more and more of the toxic dust – containing arsenic, cadmium, copper, mercury and selenium – normally contained under the lake is exposed with every inch of fall, threatening to blow into the communities.

It’s also a concern for the lake’s ecosystem, which attracts 10 million migrating birds each year. The lake’s brine shrimp are also important for feeding fish and shrimp sold around the world, according to the Utah Division of Forests, Fires and State Lands.

Laura Vernon, Great Salt Lake Division Coordinator, pointed out earlier this year that dropping the lake an additional 10 feet could also cost Utah’s economy more than $2 billion in lost mineral extraction, oil and gas industry. brined shrimp and recreational sources.

I think we forget all the good that the lake offers. … (The collection offers) a chance to reflect on our own relationship with the lake and to appreciate the lake for what it gives us and the ecosystem it provides so that we can live here.

–Angela Brown, Executive Director of Craft Lake City

At the same time that the lake began to attract attention, a new organization linked to the Great Salt Lake emerged. Brown’s organization had worked in the past with craftswoman Denise Cartwright, founder of skincare company CRUDE, at another of its events. Cartwright launched Save Our Great Salt Lake last year, a nonprofit organization dedicated to highlighting the issues plaguing the Great Salt Lake.

It seemed logical to present the large body of water.

“I think we’re overlooking all the good the lake offers,” Brown said. “(The collection offers) a chance to reflect on our own relationship with the lake and to appreciate the lake for what it gives us and the ecosystem it provides so that we can live here.”

Craft Lake City, Save Our Great Salt Lake and CRUDE have teamed up, calling on Utah artists to help out earlier this year.

The call attracted people like Brooks. The Provo artist explained that the Great Salt Lake means a lot to him and his family, who often recreate there. That’s why he jumped at the chance to participate in the project.

“It’s just something I love,” he said. “I love animals, I love their beauty. It’s idyllic, it’s something that obviously affects our health by exercising on it. It’s really part of our lives.”

Visualization of the work

All recently installed artwork can be found on 300 South. Craft Lake City coordinates its public art program with the Temporary Museum of Permanent Change, which has set up the large metal booths on the street where the art is displayed. While these range from 200 West to 200 East, most of them are in and around the Rose Wagner Performing Arts Center, 138 W. 300 South.

A hand painting of the Celebration: Save Our Great Salt Lake on 300 South in Salt Lake City Tuesday afternoon.  It's one of more than a dozen that highlights problems with the drying up of the Great Salt Lake, which hit an all-time high this week.
A hand painting of the Celebration: Save Our Great Salt Lake on 300 South in Salt Lake City Tuesday afternoon. It’s one of more than a dozen that highlights problems with the drying up of the Great Salt Lake, which hit an all-time high this week. (Photo: Carter Williams,

These pieces showcase the different components of the lake, such as the wildlife that Brooks alludes to with his painting. “Safe Passage” by Courtney Leigh Johnson introduces the other birds that depend on the lake’s ecosystem, such as pelicans, shorebirds and raptors.

Other designs show humans and wildlife experiencing the impacts of the dry lake, or what the lake is turning to from what it has been historically.

Analia Evans’ piece, for example, captures the bison that inhabit Antelope Island, though it’s really not an island anymore because of the shrinking lake. Lake level changes pose problems for the animals that live on Antelope Island – and the other islands in the lake.

“The bison herd that resides on the island are now free to roam and could very easily roam your front yard. They rely on the safety of Antelope Island, and without that they risk further damage. by humans,” Evans wrote, when the project was first announced in May.

A painting by Utah artist Analia Evans of bison at Antelope Island.  It is one of 14 works of art featured in Craft Lake City's Celebration of the Hand series focusing on the Great Salt Lake.
A painting by Utah artist Analia Evans of bison at Antelope Island. It is one of 14 works of art featured in Craft Lake City’s Celebration of the Hand series focusing on the Great Salt Lake. (Photo: Carter Williams,

The artwork will remain on public display until September 1, when the theme will change again. Craft Lake City and Save Our Great Salt Lake are also hosting a free online event on July 13, where sponsors and artists will discuss their works.

Those involved hope the temporary art project can provide an open discussion about the Great Salt Lake, especially for those who cross it on the street. Brooks believes his works convey sadness, but the other pieces evoke a “full spectrum” of emotions, which address the subject in a way that only art can.

“There’s…a beauty that you can’t really convey unless it’s through art,” he said. “You can talk to our lawmakers about it and figure that out, but we’re really visual learners, I guess. Art is a good teacher for that.”

great salt lake collaborative logo
great salt lake collaborative logo


The most recent stories on the Great Salt Lake

Carter Williams is an award-winning journalist who covers general news, the outdoors, history and sports for He previously worked for the Deseret News. He is a transplant from Utah via Rochester, New York.

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Salt lakes real estate

After 33 years of incinerating medical waste, Stericycle is closing its North Salt Lake plant

Activists are hailing the demise of one of Utah’s most notorious polluters as a victory for citizen activism, but some are wondering why it’s taken so long.

(Keith Johnson | Tribune File Photo) Stericycle’s North Salt Lake medical waste incinerator closed Friday after years of controversy over emissions from the plant in a growing part of Davis County. Regulators fined the waste processor $5 million for exceeding emission limits and performing invalid stack tests. Photographed January 21, 2014.

After 33 years of burning Utah’s medical waste at the edge of growing Davis County subdivisions, Stericycle’s North Salt Lake incinerator closed for good Friday, dropping the curtain on a never-ending drama over the The company’s alleged failure to control toxic emissions and efforts to cover it up are mounting.

Before it was forced to upgrade its operations several years ago, the plant’s emissions control equipment occasionally went offline during power outages, resulting in conspicuous black plumes on the Foxboro neighborhood, according to locals.

Utah’s Department of Environmental Quality (DEQ) later discovered that the plant was exceeding its emission limits and had rigged stack tests to give a false impression that the plant was in compliance with its permit. This led to a record $2.3 million fine against Stericycle in 2014 and an agreement to move the incinerator to a sparsely populated part of Tooele County.

When that plan fell through in 2019, DEQ put Stericycle on notice to cease incineration in Utah within three years. His license to burn trash expired on July 1, according to DEQ spokesman Matt McPherson.

For Alicia Connell, this day should have come much sooner.

“I’m grateful to see that this company will no longer harm our children,” said Connell, a former Foxboro resident and mother who led the battle against the incinerator. “Utah is all about doing good business. It wasn’t a good deal. They were the ones enjoying Utah without watching everything they did every minute.

A real estate broker who later moved to Farmington, Connell maintained close ties to the Foxboro community and later went to the Legislature on its behalf to advocate for changes to the law, forcing Stericycle to make changes operational.

Stericycle officials did not immediately respond to a request for comment on Tuesday.

A global processor of medical waste and biohazardous materials, the Illinois-based company has operations in virtually every other state and 16 other countries. But it only operates incinerators in a handful of locations.

Brian Moench, president of Utah Physicians for a Healthy Environment (UPHE), thanked citizen activists like Connell for bringing government and public attention to the threat medical cremation poses to Utah.

“After years of town halls, protest rallies, meetings with the governor and state officials, criminal investigations, and even a march led by Erin Brockovich, public health protection has finally earned a hard-fought victory in North Salt Lake,” said Moench. in a statement Tuesday. “Make no mistake about it, it was citizen activism that forced the state and federal government to put enough pressure on Stericycle that shutting down their incinerator was their only viable option.”

Following Utah’s record fine, the United States Environmental Protection Agency conducted its own enforcement action, resulting in additional assessments of $2.6 million the last year. Most of that money went to help a school district in Davis County buy low-emission buses.

“Medical waste incinerators must be operated in strict compliance with national air quality laws,” said Jean Williams, assistant deputy U.S. attorney general for the United States Division of Environment and Natural Resources. Ministry of Justice. “Stericycle has installed new pollution controls and made operational changes to remedy the violations alleged in the complaint.”

What troubled Connell and others was Stericycle’s reluctance to voluntarily upgrade its plant despite intense public pressure.

The incineration of medical waste is a harmful and unnecessary practice, according to the UPHE.

“It only served to spread toxins in the community and even create new ones,” said executive director Jonny Vasic. “Allowing Stericycle to obtain its initial license in 1989 was controversial at the time, but has become much more so over the past 15 years.”

When Stericycle began operations in North Salt Lake, there were few homes near the site at 90 N. 1100 West. Over the years, however, homes and schools have grown to the property line, and a major trailhead leading to the Legacy Parkway has been built nearby.

What was once an isolated place has long since become a neighborhood with an industrial incinerator within it.

Instead of cleaning up factory operations as more people moved into the area, according to Connell and environmental activists, Stericycle allowed power outages to disrupt its equipment, releasing smoke. loaded with hazardous substances in the neighborhood.

Backup power systems could have minimized these “disruptive” events, which occurred as often as every other week, but Stericycle would not have agreed to install them, Connell said.

“The technology was old and outdated and it was clear they weren’t interested in improving things without being forced to,” she said. “They weren’t willing to sit down to discuss making things better.”

With the help of then-Rep. Becky Edwards, R-North Salt Lake, Connell pressed the Utah Legislature to require upgrades to waste incinerators that have since helped limit Stericycle emissions.

“They were finding loopholes so they could burn things they shouldn’t be burning,” Connell said. “They could have added a backup battery themselves. I shouldn’t have gone to the legislature and fought for two years to get them to do it.

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Salt lake city

SLC Police say safety is ‘our number one priority’ in preparation for Days of 1947 parade

SALT LAKE CITY — Following Monday’s fatal shooting at an Independence Day parade near Chicago, the Salt Lake City Police Department has called the community its number one partner in preventing public threats.

“We are continuously working with local, state and federal law enforcement partners to assess and mitigate any threats, and to respond immediately to any incidents that may arise,” the department said in a statement. hurry.

This will be important for more parades to mark Utah’s next 47 Day Celebrations.

Pioneer Day is Sunday July 24 with the holiday Monday July 25.

At least seven people died and more than 30 were injured in Chicago’s attack on Monday. Police said the shooter fired 70 rounds from an AR-15 type rifle.

The suspect dressed as a woman and mingled with the panicked crowd ahead of his eventual capture.

“The safety of our community is our number one priority,” the statement from Salt Lake Police said. “We are continuously working with law enforcement partners at the local, state and federal levels to assess and mitigate any threats and respond immediately to any incidents.”

The statement reiterated a long-standing policy saying they do not discuss details of security plans for events and that the policy was in place to protect the community and officers.

The ministry said it is committed to helping ensure a fun and safe event for everyone.

Anyone with information about a potential threat should call 911.

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Utah economy

Strategists on how to weather the market storm

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022.

Brendan McDermid | Reuters

The first half of 2022 has been historically bleak for global equity markets, and strategists believe there are dark clouds on the horizon and there is still some way to go before the storm rolls in. ended.

The S&P 500 closed its biggest first-half decline since 1970 last week, down 20.6% year-to-date. The pan-European Stoxx 600 ended the half down 16.6% and the MSCI World fell 18%.

A range of other asset classes also posted significant losses, including bonds. The traditional “safe haven” US dollar and some commodities, such as oil, were among the few exceptions to an otherwise dire six months.

Jim Reid, head of global fundamental credit strategy at Deutsche Bank, said in a daily research note on Friday that for investors, “the good news is that the first half of the year is now over, the bad news is that the outlook for the second half are not looking good”.

CNBC Pro Stock Picks and Investing Trends:

That said, US stocks managed a rally early in the second half on Friday, and European markets had a positive day on Monday (a US holiday).

However, the macroeconomic outlook remains particularly uncertain as the war in Ukraine and inflationary pressures persist, prompting central banks to embark on aggressive monetary policy tightening and heightening fears of a global economic slowdown.

The “economic regime is changing”

In a mid-year outlook report seen by CNBC, HSBC Asset Management informed investors that the “economic regime appears to be changing” as adverse supply shocks persist, globalization slows and commodity prices remain. “secularly high”. And all this as governments try to manage the “transition risks” of changes in climate policy.

HSBC’s chief global strategist Joe Little has called the end of an era of what economists have dubbed “secular stagnation”, characterized by historically low inflation and interest rates. Going forward, he predicted more persistent high inflation, higher interest rates and more volatile business cycles.

“A lot of tailwinds for investment markets are now becoming headwinds. This points to a phase of continued turbulence in the markets. Investors will need to be realistic about return expectations, and they will need to think more about diversification and portfolio resilience,” Little said.

Emerging structural themes of de-globalization, climate policy and a commodity super cycle will lead to more persistent inflation in major economies. Although HSBC expects inflation to gradually ease from its current multi-decade highs in many economies, Little said the “new normal” should be stronger price increases over the medium term, leading to a phase of higher interest rates.

To navigate this new era, Little suggested that investors seek greater geographic diversification, highlighting Asian asset classes and credit markets as “attractive income enablers”.

“Real assets and other ‘new diversifiers’ can help us build resilience into portfolios. There is also a place for conviction investing and thematic strategies, where we can identify credible megatrends at price points. reasonable,” he added.

“Went in the wrong direction”

Dave Pierce, director of Utah-based Strategic Initiatives, told CNBC on Friday that the macroeconomic forces at play meant markets were still “headed in the wrong direction.” He pointed out that inflation had yet to peak and there was no apparent catalyst for oil prices to come back to ground.

He added that unless there is a resolution to the war in Ukraine or the oil companies are able to increase production – which he said would take at least six months and run the risk that the bottom will fall from the oil market if Russian supply returns. – the price pressures that prompted central banks to act drastically show no signs of easing.

Stock market valuations have fallen sharply from their late 2021 highs, and Pierce acknowledged they are “more attractive” than they were a few months ago, but he is still reluctant to re-enter positions on the stock markets.

“I’m not putting all of my eggs back in the markets right now, because I think we still have a ways to go. I think there will be additional retracements that we have in the market, and I think that’s is probably needed,” he said.

“When interest rates are doing what they are, it’s really hard to keep things steady and working and going in one direction.”

Pierce added that the correction seen in recent months was not surprising given the “periods of plenty” markets enjoyed during the rebound from the initial Covid-19 crash to hit record highs at the end of the month. last year.

In terms of sector allocation, Pierce said he had focused his attention on commodities and “necessities”, such as health care, food and essential clothing.

Recession risks, but room for improvement

Although the investment landscape looks somewhat perilous, HSBC’s Little suggested there is room for better performance later in 2022 if inflation cools and central banks are able to adopt a more “balanced” position.

The bank’s asset management strategists believe we are now close to the “pain peak” of inflation, but the data won’t come down significantly until the end of the year. Little said his team is watching payroll data closely for signs of entrenched inflation.

A hawkish monetary policy shift triggering a recession remains the biggest threat to that outlook, Little suggested, but the precise scenario varies by geography.

“With the global economy now at a fairly late stage in the cycle, we are seeing greater divergence across regions. For now, the outlook looks most precarious for Europe and parts of emerging markets (EM)” , did he declare.

In light of recent market movements, Little identified bond valuations as more attractive and said selective income opportunities were emerging in global fixed income securities, particularly credits.

“We favor short-duration credit allocations, selectively in Europe and Asia. Within equities, we also want to be more selective. We continue to focus on value and defensives but we remain attentive to the possibility of ‘another style rotation, if bonds stabilize,’ Little said.

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Salt lake city government

U-Talk: What does Independence Day mean to you? | News, Sports, Jobs

Adam Rubin, Special to Standard Examiner

“It means freedom, man. People don’t tell me what to do. As long as I don’t hurt anyone else, leave me alone. I’m an ex-Marine… I’ve seen people put their lives on the line to defend freedom of speech, freedom of opinion, freedom of lifestyle… It (irritates me) to see people wanting remove that. —David Jones, Ogden

“Not so long ago, Independence Day marked the true start of summer. It was a day for swimming, a chance to grill, time to spend with family between work. It only made sense in the time spent with others. But, as I grew up, it became just another day on the calendar. It makes no sense now as a vacation. Like so many others, I feel let down by our country and celebrating patriotism is the last thing on my mind. So for me, with Independence Day, it’s just another day off. — Karleigh Sheehan-Drumm, Salt Lake City

“I think it’s about remembering what independence means to us, what we did to get it and what we can do today to keep it. mind is that I think it’s important to look at the whole story Obviously we celebrate the revolutionary war, which is super important, but I think the freedoms that we’ve won over the years in our own country. You know, women’s rights, all rights, really. It’s important to remember all of that, because that’s what we celebrate with our freedom, not just the fact that we have our own country, because it doesn’t mean much if we ourselves aren’t free…Things are kinda crazy aren’t they now I think people politicize Independence Day too much I think that it should be a day that we come together, and appreciate the freedoms that we have, as I said, and we just get together. I think we should leave politics out of Independence Day, you know, it’s just another holiday. —Nicholas Day, Cedar City

“We are taught in school that independence is our separation from the British and the formation of our own form of government and things like that. You know, maybe we got a little lost, it’s been over 200 years since this separation happened. I went to Washington DC and made connections there, it’s a beautiful place with a lot of history there. Perhaps we are a little disconnected from this era. Now it’s more about fireworks and such, and maybe we should focus a bit more on being connected to that. You know, it’s like it sounds, “in-de-pend-ant” – sometimes having that freedom really gives you the opportunity to celebrate your own freedom and do your own thing, live your life and the freedoms that come with it. ” —Nate Staker, North Ogden

“I have the freedom to do, not everything, but most things. You know, freedom to talk and go out and do things, freedom to get together more and do more things about something when it shows up. It gives society the freedom… For example, the male abortion stuff, if there are people who need to do something like that. … I think little by little, the government sort of takes most of our independence, and I don’t think they realize that because we don’t talk about it. —Emily Valero, Ogden

Adam Rubin, Special to Standard Examiner

Photos and interviews by Adam Rubin, Special to the Standard-Examiner.

Do you have a suggested question you would like us to ask? Send it to [email protected]

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Salt lakes real estate

A long-standing office tower in Utah will be transformed into apartments. Will it become a trend?

The famous 24-story building will have 255 high-end rentals.

(Rick Egan | The Salt Lake Tribune) This Salt Lake City South Temple office tower, shown Thursday, June 30, 2022, is to be transformed into 255 high-end apartments.

As the residential building boom in downtown Salt Lake City continues, developers have purchased a high-profile office tower along South Temple with plans to convert it into luxury apartments.

Hines, a Houston-based global real estate firm, said work on the 24-story white office building known to longtime residents as the University Club Tower at 136 E. South Temple will begin in early 2023 and transform it into 255 high-end studio, one- and two-bedroom units.

Crews will strip the rectangular office building “down to its core,” Hines said, and repurpose it “for high-quality residential living at a time when the Salt Lake City market is starving for much-needed housing.”

The private company said its recent purchase of the 216,976-square-foot skyscraper — for an undisclosed price — came after extensive analysis showed it met walkability and natural light requirements, and that the shape and general floor plan of the building were conducive to the creation of so many apartments.

Taking an adaptive reuse approach as opposed to new construction, the company said, will reduce carbon emissions by limiting the use of new construction materials, especially concrete, an industry staple that also produces large amounts of carbon dioxide to manufacture. Updating the building’s mechanical systems, Hines added, should also reduce emissions throughout its life cycle.

Downtown real estate changes direction

(Rick Egan | The Salt Lake Tribune) This Salt Lake City South Temple office tower, shown Thursday, June 30, 2022, is to be transformed into 255 high-end apartments.

The announcement comes as several new office towers have opened or are under construction downtown, even as office space across the country sees some of its highest vacancy rates in three decades, depressed by the effects of the pandemic and work from home trends.

At the same time, demand for homes – to rent or to buy, at all price points – has reached new highs, although some signs may start to fade as interest rates rise.

Salt Lake City’s trend toward luxury housing, meanwhile, has fueled frustration among those who point to the region’s dire need for more affordable housing as housing prices and rents continue to climb.

Referring to the city’s “tremendous growth” over the past decade and an insufficient supply of housing, Dusty Harris, Hines’ senior managing director, said the company “is stepping in to fill a need among townspeople”.

“We find a creative solution for a building, which is not well used, by converting it to a use that the community needs,” Harris said in an interview. “We’re excited about that, and we think there’s probably a lot more to come. A lot of people in the real estate industry are thinking about that.

And while it won’t directly produce moderately priced housing, he said,our view is that the city needs housing of all types and that certainly helps meet the demand for more housing in the community. And simply increasing the housing stock should help make the market more affordable.

The South Temple Tower will be a prime residential location, Harris said, for its proximity to downtown amenities, landmarks and public transportation as well as its views of the Salt Lake Valley.

Located just east of the Alta Club, near the intersection of State Street and South Temple, Hines’ latest Utah acquisition was renamed South Temple Tower in 2015 after a $10 million redesign by a former owner, Maier Siebel Baber, based in San Francisco.

This renovation restored some of the tower’s original historic character, improved its exterior, created a two-story entrance hall and entrance plaza on the south temple, and improved views from some of its upper floors.

County property records show the building, built in 1965, and its 0.61 acre lot were valued at $55.7 million last year.

Rise of high-end and high-rise housing

(Image courtesy of Hines, via Salt Lake City) An interpretation of the 31-story apartment tower and adjacent park that will be built where the Utah Theater once stood on Salt Lake City’s Main Street .

Hines is also finalizing the design of a 31-story luxury residential tower called 150 South Main Street Apartments, located on the site of the now-demolished Utah Theater on Main Street, with 400 apartments, 40 of which are subsidized rent. .

The two residential towers proposed by the international developer join several similar projects launched in recent years amid an apartment building boom and what is expected to be growing demand for luxury housing in Utah’s capital, especially among higher paid workers moving to the urban core.

The 21-story Liberty Sky at 151 S. State opened this year. Built by Utah-based Cowboy Partners with 272 luxury units, it marks the city’s first rental project above the 200-foot mark.

In what will soon be Salt Lake City’s tallest skyscraper, teams from Boston-based Kensington Investment opened the Astra Tower at 200 S. State St. in January, which will stand 450 feet and 40 stories high once completed in fall 2024, with approximately 372 luxury apartments.

(Courtesy of Kensington Investment Co., via Jacobsen Construction) A rendering of the future Salt Lake City skyline with the addition of the Astra Tower, which will become the tallest skyscraper in Utah .

A recent study identified a record 3,974 new apartments under construction downtown and predicted that their rents would likely be at least 30% higher than elsewhere in Salt Lake County.

The researchers also pegged prevailing apartment vacancy rates in Salt Lake County at an all-time high of 2% or less, pushing average rents up 10.1% in 2021 alone.

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Salt lake city

Real Salt Lake Falls at Minnesota United during Independence Weekend

SALT LAKE CITY – Real Salt Lake traveled to Minnesota United over Independence weekend where they lost 3-2 in a chaotic game at Allianz Field.

“In the first half we found no time on the ball, then in the second half we found a way to win a lot of second balls,” Mastroeni said in his post-match interview.

Manager Pablo Mastroeni was forced to start Johan Kappelhof after Justen Glad modified his hamstrings before the game. Scott Caldwell also returned to the starting XI and replaced Jasper Löffelsend who was on the bench.

Difficult RSL start

The opening hour was dismal for Real Salt Lake trying to regain momentum after a lackluster performance at home a week ago against the Columbus Crew.

“We didn’t start the game well, we struggled to get a sense of the game, we struggled to know each other and that put us in a bad hole. We didn’t play together so we conceded too many goals early in the game. Luckily, the last 30 minutes were promising, but the game was far away from us at that time,” caretaker captain Marcelo Silva said immediately after the game.

The Loons played the game only in their attacking half and Real Salt Lake couldn’t find time on the ball. They were under immense pressure and had no response to pressure from Minnesota.

The first goal came in the 9th minute when Emmanuel Reynoso rounded Andrew Brody and Justin Meram before unleashing a left-footed strike past Zac MacMath and into the net.

Then, in the first half stoppage time, Reynoso received the ball in the box in which Aaron Herrera went to the ground trying to steal the ball but made no contact with the ball and instead slid his legs of Reynoso who obtained a penalty. MacMath saved the penalty but Reynoso calmly pounced on the loose ball and tapped it into the back of the net for the game’s second goal.

Second half hope

Mastroeni went to his bench in the 55th minute when he took off Rubio Rubin and brought on Anderson Julio who last scored a brace in the final game at Allianz Field. Julio’s speed opened the game and Real Salt Lake started to look dangerous in their attacking half.

“Julio had his best week before this game and performed very well when he arrived…I think he did a lot to put him in the conversation to start next week,” Mastroeni said.

Jefferson Savarino found the breakthrough for Real Salt Lake in the 71st minute when he found himself on the end of a Maikel Chang cross. Five minutes later Anderson Julio sent a header into the far post to reduce the score.

In the dying minutes, Erik Holt was lucky not to see red when he elbowed the back of his Minnesota counterpart’s net while battling for a ball in the air.

Unfortunately, Real Salt Lake ran out of time, losing 3-2 to Minnesota.

The result marks the first time this entire season that Real Salt Lake has failed to achieve a road result in consecutive games.

next game

Real Salt Lake will return home for a Rocky Mountain matchup against Colorado Rapids on Saturday, July 9 with a scheduled kickoff at 8 p.m.

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Utah economy

Utah-based Beans & Brews has ambitious plans to go regional

When Beans & Brews opened in 1993, Utahns were so unfamiliar with coffee drinks, “we rarely got to turn on the espresso machine,” said Jeff Laramie, the company’s co-founder and CEO. “If someone ordered a latte, we would all fight over who would do it.”

When national chain Starbucks opened its first stores in Utah in the late 1990s, they were in competition — but they also boosted Beans & Brews’ business, Laramie said.

“It brought a lot of legitimacy to the industry,” Laramie said. “That’s when Beans & Brews really took off, because people started to understand what specialty coffee was, and Starbucks was in the market in a way that we couldn’t afford. .”

Today, nearly 30 years after the Utah-based company was founded, Beans & Brews has ambitious plans for its own national expansion.

The company began rolling out franchises in 2004, and now, according to the company’s website, it has 62 locations in Utah, plus two in Idaho, one in Nevada and one in Arizona.

The company now plans to expand its footprint with stores in Colorado, New Mexico and Texas, along with additional locations in Nevada and Arizona. Laramie said the company is ready to expand beyond those states when it makes sense to take that step.

“You’ve got everyone in place”

“We’ve never invested any money in marketing or development,” Laramie said, adding that their growth so far has been almost entirely organic. But at the end of 2021, he said, Beans & Brews made the decision to work with Charger Investment Partners, a private equity firm, and focus on growth and expansion.

Kevin Laramie, co-founder and COO (and Jeff’s brother), said one of Charger’s board members told them, “You have all the systems in place. You have everyone in place. Just turn on the lights. »

That, Kevin Laramie said, was what motivated Charger “to partner with us, grow this, and turn it into something a little bit bigger.”

According to the Laramie brothers, there is one important aspect of the business that cannot be exported from Utah: the altitude of Salt Lake City.

Altitude proved to be a key factor when the business started, and the Laramies purchased their first roasting machine from a retired engineer who had moved from San Francisco to the small town of Fallon, Nevada.

“We trained in Fallon for about three days and came home to Salt Lake. He shipped the roaster to us, and we put everything together, and had him on the phone while we roasted coffee,” recalls Kevin Laramie. “But nothing was working as it should. We were burning lots left and right, and nothing was drinkable. We couldn’t figure out what was going on. …

“Finally he said, ‘The only thing I can think of is the altitude.’ That’s when we had the ‘A-ha’ moment,” Kevin Laramie said.

Water boils at a lower temperature at higher altitudes, the brothers recall. So they threw away their burnt beans and started over with a modified temperature chart.

High altitude roasting provides a better flavor profile, Laramie said, because you can roast at a lower temperature for a shorter period of time. The longer the coffee sits in the roaster, the more bland and flat the flavor becomes – so the shorter roasting time gives the coffee a brighter taste and lower acidity.

High altitude roasting has become part of Beans & Brews’ brand image, Jeff Laramie said. So the company purchased new roasters and a larger facility to roast beans in Utah.

The other important part of the expansion, the Laramies said, was case-by-case verification of franchisees, which is handled by Kim Falk, vice president of franchise development.

Falk said she starts the process with a phone call. “I take time to get to know them,” she says. She said she wanted to know their motivations, personalities and past experiences – to see if they fit the brand well.

“We can train anyone on all aspects of business,” she said, “but we can’t train anyone on how to build relationships and be in the community. …That’s what I’m looking for, someone who has that, and is trainable on the business model itself.

A flexible franchise model

Beans & Brews’ business plan is hugely ambitious, said Rick Haskell, associate professor of finance at Westminster College’s Gore School of Business.

For any business looking to grow through franchises, Haskell said, it’s important that the parent company has the resources to match its ambition, including the ability to support any new franchisees.

“And then, finally, there must be reasonable consumer demand to meet the presence of the new suppliers of the product in a given market,” Haskell said.

Haskell added that he understands Beans & Brews financially controls the franchisees, asking them to commit $250,000 to $300,000 in capital. “I have to believe they are watching them closely for operational awareness and ability to execute because otherwise it destroys the brand,” he added.

Beans & Brews gives franchisees the leeway to customize their stores and change prices, Haskell said, something larger, more rigid corporate chains often don’t.

“If we’re talking about McDonald’s or wherever, good luck,” he said. “They’re just small enough that franchises aren’t just nameless or faceless. They tend to work with their franchisees. You go to the one on 106th South and 1300 East in Sandy, very often you will find that the person behind the counter waiting for you is one of the franchise owners. It’s not uncommon.

This fluid approach has been part of the Beans & Brews business model from the start, said Jeff Laramie. In their early days, he said, many people in Utah weren’t interested in drinking coffee, so they got creative with the menu, adding caffeine-free items like Frappes and Ghiradelli drinks.

“We appeal to many different types of people, young, old, at all levels, which has been critical to our success over the years,” said Jeff Laramie.

The economy is a wildcard – including what people are willing to pay for a fancy coffee drink – but Haskell said “having local ownership that’s locally invested, which I think is part of the shtick Beans & Brews, if you will, is very big here.

In his experience, Haskell said, having an edge with food is fundamental, but people return to places mostly because they like the atmosphere — or the people.

“You go to any food establishment other than a grocery store, and if you enjoyed the food and enjoyed the environment, you might consider going back. But how many places within three miles of where you might live can you enjoy the food and enjoy the environment? There are a lot of them,” he said. “You’re going to go back to those places that gave you something memorable, something out of the ordinary.”

Haskell said that when he and his wife go out to dinner, they “go to the restaurants we go to because we enjoy the food and it’s not food that we can easily duplicate at home, and we’ve come to know the owners. When we walk in they come over and say ‘hi’, and maybe sit down and have a little chat. That’s the remarkable part, right? »

Editor’s note • This story is only available to Salt Lake Tribune subscribers. Please support local journalism.

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Salt lake city

Under pressure from lawmakers, Utah mining regulators are considering a permit for the Parleys Canyon quarry

A controversial proposed quarry in Parleys Canyon is fueling tensions between lawmakers and Salt Lake County officials over how to regulate aggregate mining, an industry that weighs heavily on views and airsheds along the seafront. Wasatch.

The Division of Oil, Gas and Mining (DOGM) is under pressure from lawmakers to quickly issue a permit for the I-80 South quarry project, potentially allowing Granite Construction Co. to begin mining in the coming weeks, despite significant objections from Salt Lake. County and city officials consider the project a threat to public health and a watershed that supplies 360,000 people.

“Water held in the Mountain Dell and Little Dell reservoirs would be exposed to dust deposition which will affect water quality as they are located close to the proposed mine site,” wrote Laura Briefer, Director of Utilities. of Salt Lake City, in a filed statement. Tuesday with DOGM. “In addition, fugitive dust deposited in the Wasatch Mountains during the winter will accelerate snowmelt.”

By darkening the snowpack, dust deposits cause it to melt sooner, so less water is available when water requirements are highest in summer.

In recent years, Utah developer Jesse Lassley has acquired several hundred undeveloped acres and a partial interest in an existing quarry in Parleys Canyon under the trade name Tree Farm LLC. Last year, Tree Farm quietly filed a notice with DOGM to begin a large mining operation, with a pit that would grow to up to 400 acres over time.

In the face of intense opposition led by Salt Lake County Mayor Jenny Wilson, that advisory was withdrawn. But last month, Granite, a global aggregate producer acting as a partner in Tree Farm, filed a new notice for a largely indefinite 20-acre quarry, which qualifies for much less scrutiny as a “small mining” under Utah law.

That means DOGM’s only job at this point is to determine whether the application is complete and whether the posted bond is sufficient to cover the cost of rehabilitation, according to Republican lawmakers who are urging DOGM Director John Baza to stay within its regulatory lane and act quickly in approving the mine. .

On June 16, the day after Granite filed the small mine notice, Baza and Chris Hansen, who chairs the Oil, Gas and Mining Council, were called before the Administrative Rules Review and Oversight Committee. of the Legislative Assembly and attended a lecture on the limits of agency authority.

Sen. Curt Bramble, R-Provo, was unhappy that DOGM signaled that it would tie its permit for the quarry to permits issued by the Utah Department of Environmental Quality.

Regulators agreed they shouldn’t interfere with the work of a sister agency, but they noted the mine’s proximity to Utah’s largest urban area and intense opposition indicates that this project deserves a further scrutiny to ensure the protection of the public interest.

But current state law might not allow it. Bramble argued that DOGM was setting up a “Catch-22” for career promoters.

“How on earth, if you don’t know the scope of mine, could DEQ or any other agency approve an application that has no defined scope, but that approval is required before that scope can be defined or approved?” Bramble posed. “How could that ever be respected?”

According to lawmakers’ view of mining permit rules, the DOGM permit should be issued by Thursday, 15 days after the small mine notice was deemed complete. But on Thursday, the Department of Natural Resources, DOGM’s parent agency, said state law allows 30 days, so no permits were issued.

Granite’s notice last week drew objections from Salt Lake County, Salt Lake City, Millcreek, Save Our Canyons and a neighboring property owner, all requesting a hearing for DOGM to consider their concerns before proceeding. to chase.

The objections argue that Granite and Tree Farm aim to evade public involvement in DOGM’s decision and begin mining on July 16, before obtaining the required regulatory permits.

Millcreek’s concerns are primarily about the dust that would likely blow into the neighborhoods at the mouth of the canyon.

“These residents were affected by fugitive dust emissions from existing rock quarry mining operations just across I-80 from the site described in Granite’s Small Mine. [notice]says Millcreek’s objection. “This operation was cited for excessive dust and other violations of air quality regulations by the Utah Air Quality Division. Dust from the existing quarry contributes to poor air quality in the Salt Lake Valley by introducing particulate matter in addition to creating harmful dust on cars, windows, porches, patios and driveways in Canyon Rim and beyond.

The various objections also insist that Granite’s proposal should be reviewed under the stricter rules for large mines before any excavation begins. Officials have argued that Tree Farm’s real intention was to develop a massive pit, but it is seeking to circumvent those rules by exploiting a regulatory loophole reserved for mines smaller than 20 acres.

Salt Lake County officials have made it clear they will take legal action to block the mine if it gets state approval, as it would be located in a protected area in the foothills where new mines are no longer permitted under a recently passed zoning ordinance.

In a statement filed Tuesday, Deputy County Mayor Catherine Kanter said Granite and Tree Farm must comply with county land use and other relevant ordinances, and that they have not yet filed any applications. about mining.

In a lawsuit recently filed against the county, Tree Farm alleged that the county had no jurisdiction over the project thanks to a recently enacted law that limits the role of local governments in regulating aggregate operations. Kanter insisted that the counties still held jurisdiction over new mines.

“Even if Tree Farm and Granite’s proposed use were permitted by county law, there would still be multiple land use approvals and environmental conditions. [they] should satisfy,” she wrote. “These include, but are not limited to, meeting the requirements of a revegetation and land reclamation plan, site plan, slope protection, grading plan, access to the site, geotechnical analysis, stream protection, wildlife protection and traffic studies.”

Kanter noted that Granite’s notice did not provide a reclamation plan or an operating plan for the mine.

Meanwhile, DEQ has already issued a stormwater discharge permit for the project, but an air quality permit has not yet been issued, according to agency spokesman Matt McPherson.

An Order of Approval from the Air Quality Division will be required if emissions exceed a certain threshold and if operations exceed 180 days per year. Such an order requires a 30-day public comment period.

According to McPherson, Granite applied for an order of approval authorizing “temporary” operations, but the division denied it because the proposed operations are not temporary.

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Utah economy

Holly Energy Partners Second Quarter 2022 Results Release and Conference Call Webcast

DALLAS, July 01, 2022–(BUSINESS WIRE)–Holly Energy Partners, LP (NYSE: HEP) (“HEP”) and HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) expect to announce their results for the quarter ending June 30, 2022 on August 8, 2022, before the opening of trading on the NYSE. HEP and HF Sinclair have scheduled a joint webcast on August 8, 2022 at 8:30 a.m. EST to discuss financial results.

This webcast can be viewed at:

An audio archive of this webcast will be available using the link given above until August 22, 2022.

About Holly Energy Partners, LP:

Holly Energy Partners, LP, headquartered in Dallas, Texas, provides transportation, terminal, storage and throughput services of petroleum products and crude oil to the petroleum industry, including subsidiaries of HF Sinclair Corporation. HEP, through its subsidiaries and joint ventures, owns and/or operates petroleum products and crude oil pipelines, tanks and terminals in Colorado, Idaho, Iowa, Kansas, Missouri, Nevada, New Mexico, Oklahoma, Texas, Utah, Washington and Wyoming, as well as refinery processing units in Kansas and Utah.

About HF Sinclair Corporation:

HF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products primarily in the Southwestern United States, with the Rocky Mountains extending into the Pacific Northwest and other neighboring Plains states. HF Sinclair supplies high-quality fuels to over 1,300 Sinclair-branded stations and licenses the use of the Sinclair brand at over 300 additional locations nationwide. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialty lubricants in the United States, Canada and the Netherlands, and export products to more than 80 countries. Through its subsidiaries, HF Sinclair produces renewable diesel at two of its Wyoming facilities. HF Sinclair also owns a 47% limited partnership interest and a non-economic general partner interest in Holly Energy Partners, LP, a master limited partnership that provides transportation, terminal, storage and throughput services for petroleum products and crude oil to the petroleum industry, including HF Sinclair Subsidiaries.

See the source version on


Holly Energy Partners, LP
Craig Biery, 214-954-6511
Vice President, Investor Relations
Trey Schonter, 214-954-6511
Manager, Investor Relations

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Salt lake city government

Discover Planet Earth | News, Sports, Jobs

-Photo submitted

Kain Kutz, a graduate of St. Edmond, is a remote sensing training specialist at the Geospatial Technology Application Center of the United States Forest Service in Salt Lake City, Utah. Kutz graduated from St. Edmond in 2011.

Kain Kutz did the same things growing up as those around him.

The St. Edmond Catholic School graduate went on to attend the University of Iowa in Iowa City, and it was there that he found his calling.

Kutz is currently a Remote Sensing Training Specialist at the Geospatial Technology Application Center (GTAC) of the United States Forest Service in Salt Lake City, Utah.

A graduate of St. Edmond in 2011, Kutz participated in several activities at school, including football, tennis, wrestling, and the student advisory council. He attended Iowa and earned his Bachelor of Science in Environmental Policy and Planning with a minor in Geography in 2015 before earning his Masters in Geography two years later.

“I have always felt attracted by the management of natural resources”, Kutz said. “In my undergraduate program, I tried to explore everything related to the environment. Things changed when I became aware of what remote sensing was.

“It kind of blew my mind to see how much information we could create/drift about the Earth’s surface from satellites, planes or drones. This information could then be used to inform the making of decision.

“The field also aroused my interest because of its interdisciplinarity. I am not pigeonholed into any particular resource area or discipline; I can play with hydrology, fires, forestry, politics, drones and aviation, data mining, image analysis and more.

Remote sensing is the process of detecting and monitoring the physical characteristics of an area by remotely measuring reflected and emitted radiation. This is usually done by satellite or aircraft, but any camera can capture remote sensing images.

From there, measures are taken and information relayed to be studied or for the managers of the territory to make decisions. The GTAC focuses its work on applying the scientific data gathered through this process to advance the Forest Service’s mission to lead to better land management decisions, more efficient work processes, and better communication with the public, interest groups and partners.

Some of Kutz’s primary responsibilities include training and training development, which includes exploring and testing new geospatial technologies, developing workflows, and creating and delivering training that demonstrates how to implement this technology.

“Recently, I have been involved in developing and supporting Unmanned Aerial Systems/Drones (UAS) activities within the Forest Service,” Kutz said. “I am the lead developer and instructor for the UAS Application Workshop for Resource Management which teaches interagency personnel how to operate UAS aircraft in national airspace, define and plan a project, execute the project, then turn the images into useful geospatial products.”

Kutz has worked at the Forest Service’s GTAC in Salt Lake City since 2017.

“Like most people, my working days vary,” he said. “Some days I attend meetings or review and write reports. Other days I fly drones and learn about new UAS technology. I am constantly working on materials and guides for other Forest Service employees to help them use remote sensing technology.

“I offer many virtual webinars showing other members of government how to use remote sensing technology in their work. I also expect to travel or be on the road working approximately 20-30% of the year supporting wildfire fighting, conducting UAS workshops, and conducting our own UAS projects. »

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Salt lakes real estate

The best mobile networks in our favorite FMH cities

The new world of working from home is truly a world of working from anywhere. Now that we’ve been largely freed from our COVID bubbles, the liberation from not going to the office doesn’t necessarily mean staying home – it could mean going to the park, the coffee shop or your favorite hideout to get some work done. .

Earlier this year, we selected 50 cities and towns across America that we believe are ideal for working from home. In general, our 50 picks have reasonable real estate prices, sizable homes, and fast fiber internet.

But having fiber internet in your home doesn’t mean you want to be disconnected when you’re away, and when you’re away, a fast mobile network is a good option to have. Many mobile plans now include gigabytes of connection for your laptop, and mobile networks can be faster and more secure than public Wi-Fi.

In our 10,000 miles of driving to find the best US mobile network, we’ve driven through eight of our 50 favorite WFH cities (you can see where they rank on our overall list in the charts below). Here’s who we found was the best network in each:

Layton, UT: T-Mobile

We only had a short drive through Layton as we left Salt Lake City, but T-Mobile came out on top. It’s clear that T-Mobile has installed its “ultra capacity” mid-band 5G in Layton, while AT&T and Verizon are still in the 4G era.

T-Mobile also won overall in the Salt Lake metro area, including, surprisingly, on reliability metrics. Why? We think the massive capacity T-Mobile added recently has really helped with congestion, so there are very few blocked connections if you can get a signal. That makes T-Mobile the fastest on the Silicon Slope.

Milwaukie, OR: T-Mobile

We spent a pleasant hour in Milwaukie, a more affordable suburb of Portland, and once again saw that T-Mobile had mid-band 5G there while other carriers…not so much, at least for the moment. Verizon is getting there – we saw a Verizon mid-band that made it to southeast Portland, but it just hadn’t reached central Milwaukie when we were testing. This made T-Mobile the strongest player there.

Keyport, New Jersey: T-Mobile

Keyport was our #3 city thanks to its relatively affordable price and proximity to the Jersey Shore and New York. Our mobile network tests have shown T-Mobile to be the fastest network in Keyport, New York, and the Urban Northeast in general.

The key: T-Mobile has installed its “ultra-capacity” mid-band 5G in Keyport, and Verizon and AT&T are getting by on older 4G airwaves (though they may show 5G in your status bar). We’ve seen download speeds as high as 600 Mbps with T-Mobile on Main Street in downtown Keyport.

T-Mobile was also more reliable than AT&T in our tests (AT&T had significantly more dropped connections), despite Verizon being the more reliable network.

Philadelphia, Pennsylvania: T-Mobile

This one we’re confident – we spent an entire day in Philadelphia – but it’s also less clear than it looks. T-Mobile won by showing the most mid-band 5G in the entire Philadelphia metro area. But Verizon has a millimeter-wave setup in downtown, and AT&T’s C-band is everywhere in the same area. Philadelphia is becoming very competitive, which reinforces our judgment that it’s a great city to work in.

Miami Lakes, Florida: Verizon

Miami Lakes is a beautiful planned suburb in West Miami, and we had a quick drive around the Miami metro area. Verizon had the most reliable network when we crossed the Miami lakes; T-Mobile was quick, but two network outages gave us pause.

This matches our overall results for Miami, where Verizon had both the fastest and most reliable overall network this year. Verizon launched much of its new C-band in South Florida, and we even reached Verizon’s super-fast broadband network in parts of Miami (but not Miami Lakes). Verizon is the safest bet for people in this field.

Recommended by our editors

Spring Valley, NV: T-Mobile

The story in suburban Las Vegas is the same as in many other places. T-Mobile has a strong mid-band 5G presence where the other two carriers haven’t configured their systems to C-band yet, or at least they didn’t in our testing. T-Mobile’s system is even more powerful in Spring Valley than other places: we’ve seen standalone 5G there, which has the potential to reduce congestion and latency compared to the more common non-standalone form. of 5G.

T-Mobile also won in Las Vegas overall, again thanks to much, much faster speeds than the other two carriers.

Overland Park, MO: T-Mobile

OK, well. Do you know who was based in Overland Park? Sprint. Do you know which network became T-Mobile’s mid-band 5G network? Sprint. So sure enough, we saw some of the fastest T-Mobile 5G speeds in the country at Overland Park, with several results above 500 Mbps and not a single drop (while AT&T and Verizon each dropped once). Don’t mess with T-Mobile on its own turf, apparently.

Phoenix, Arizona: Verizon

Verizon’s dominance in Phoenix shows what the situation will look like once the carrier further develops its C-band 5G network. We’ve seen Verizon’s C-band in Phoenix proper, Chandler, Mesa, Scottsdale, Tempe, and Tolleson , providing coverage wide enough to deliver 5G speeds in the metropolitan area. It also means that Verizon offers 5G home internet service in Phoenix, as an alternative to local cable providers.

Home office 101: Must-have devices for your home office setup

For the most productive and functional home office experience, you need more than good network connectivity: you need to outfit your space with the right accessories. Our top picks will help you stay connected and comfortable.

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Salt lake city

How Much Rising Mortgage Rates Could Cost Utah Homebuyers

June 29, 2022

Mortgage interest rates are rising rapidly in the United States. As the Federal Reserve pursues an aggressive strategy of rate hikes to rein in inflation, homebuyers are increasingly grappling with higher borrowing costs.

The national average 30-year fixed mortgage rate is now nearing 6%, down from just 3.79% in January. The rate hike could mean tens of thousands of dollars more in interest payments for first-time homebuyers this year.

A recent report by lending platform LendingTree looked at home sales and mortgage lending data to quantify the effect rising mortgage rates could have on homebuyers.

In Utah, the average APR – annual percentage rate of charge – on a mortgage rose from 3.68% in January to 5.16% in April. This increase means that a homebuyer who took out a mortgage in April will pay about $325 more per month in interest than a buyer who took out a mortgage in January, based on the average mortgage amount of $369. $811 in Utah.

Taking into account both average home values ​​and mortgage rates, the January-April interest rate hike for the typical Utah buyer will add up to $3,900 more in the first year alone and $117,001 over the term of the 30-year mortgage – the sixth largest increase among states.

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Utah economy

Utah voters head to the polls, divided over which Republican to choose for Senate

SPANISH FORK, Utah—Primary voters in Utah County headed to the polls on June 28 to choose between incumbents or chart a new direction with candidates for change in the U.S. House and Senate.

At Spanish Fork Senior Centern, in the heavily Republican county, voting was smooth and consistent for most of the morning.

Chris Merrill of Mapleton, a registered Republican, said he voted for incumbent U.S. Senator Mike Lee (R-Utah) because “I like what he did.”

Chris Merrill, a Republican, voted for incumbent U.S. Senator Mike Lee in the June 28 primary in Utah. (Allan Stein/The Epoch Times)

“I wish he would continue to do that,” Merrill told The Epoch Times in an exit poll. “I didn’t feel much sincerity in [Republican opponent] Becky Edwards. I think if it ain’t broke, don’t fix it. I feel like he is doing a good job.

Merrill said he votes in every election, but in this election the main issue is “the economy.”

“I believe the economy is important. I think voting is important. I’m not a big fan of the red flag [gun control] laws.”

A red flag law allows someone to petition a state court to order the confiscation of firearms if a person is deemed dangerous to themselves or others.

Merrill said he was also pro-life, which factored into his decision to vote in this election.

A woman who did not want her name used voted by mail for Lee as a Trump Republican.

“My daughter and I did it together. I went Republican all the way,” the woman told The Epoch Times.

The voter said there was no reason to vote for Edwards, a former Utah state representative, or business executive Ally Isom.

“[Lee] did a good job,” she said. “I am satisfied with everything.”

“You want to know the truth [why I voted]? My daughter said so.

“The way I see it, the way it’s going to be, that’s how it’s going to be,” the voter said of Roe v. Wade, an issue she considers crucial in this election. Yet the violence of abortion advocates is “ridiculous.”

“They should just be big enough to accept what is. They’re not going to change it,” the woman said.

A Utah County voter, who wished to remain anonymous, said he switched from an unaffiliated voter to a Republican so he could vote for Edwards in the primary.

“I’m not a Lee fan at all,” he told The Epoch Times. “The party is in a big mess. I think Becky Edwards is fantastic.

“I think a lot of good things are happening and a lot of changes need to be made. I trust Becky. I know her personally and I trust her completely.

The voter sees this election as critical in this “time of polarization”.

Epoch Times Photo
Craig, formerly unaffiliated with the party, said he switched to Republican in Utah’s June 28 primary. (Allan Stein/The Epoch Times)

Utah County voter Justin Craig said he voted for Becky Edwards.

“Just getting some change and a little more moderation in the Republican Party is kind of the big thing there,” he told The Epoch Times.

Craig said he switched to the Utah Republican Party to vote in the statewide primary.

“Before that, I was unaffiliated, but with Utah rules, most things are Republican to get your voice heard,” Craig said.

Craig said he also voted for Republican Jake Hunsaker in the US House of Representatives rather than incumbent Burgess Owens (R).

“I think with the recent bipartisan gun bill that has recently passed there may be changes and work across the aisle. It’s the hope of finding a good representative for Utah,” Craig said.

He sees voting as a civic duty.

“I teach at school. I tell my fourth graders [to] promise me when they turn 18 they will vote. It is their right, and [their] responsibility. So [it’s] in a way give this example and make my voice heard.

Epoch Times Photo
Stanley Glazner (L) and his wife Valerie Glazner are both hoping for a change in political leadership at the federal, state and local levels. (Allan Stein/The Epoch Times)

Utah County voters Stanley Glazner, a constitutional conservative, and his wife Valerie Glazner, also a Republican, said they voted for Lee to serve another term in the U.S. Senate to represent Utah.

“Oh my God, not Edwards,” Valerie Glazner said. “She pushes to vote by telephone.”

Regarding the direct Republican vote, she expressed concern about the number of RINO politicians (Republicans in name only) in Congress. Although Utah election officials “made it look safe,” mail-in voting was a problem.

Stanley Glazner said he hoped positive change would come out of the midterm elections at the local, state and federal levels.

“[But] if you have corrupt politicians in power, they won’t do anything,” Glazner said.

No Democratic Party candidate was running in Utah County.

Allan Stein


Allan Stein is an Epoch Times reporter who covers the state of Arizona.

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Salt lake city government

Spokane County hires longtime municipal engineer Kyle Twohig as director of public works

Spokane County has a new senior director of public works.

Kyle Twohig, director of engineering services at Spokane, will succeed Chad Coles. Coles retired last week after a 31-year career as a county engineer.

Twohig has over nine years of government experience in Spokane.

“I look forward to delivering results for the county,” Twohig said in a news release. “Chad Coles leaves a great legacy to live up to, but I’m grateful to have a team in place at Public Works who are committed to getting me up to speed and getting me started.”

Prior to working for the City of Spokane, Twohig was a construction developer for The Inland Group in Spokane Valley and a project coordinator for Parsons Evergreen in Salt Lake City. He holds a Masters in Business Administration from Gonzaga University.

Twohig joins Scott Simmons for a county job after serving as mayor of Spokane. Simmons served as Spokane’s Director of Public Works from 2016 to 2021.

During this time, Twohig and Simmons oversaw the construction of massive underground stormwater tanks to reduce overflows into the Spokane River as well as other major projects, including the construction of the University District Footbridge and utility projects in downtown Spokane.

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Salt lakes real estate

A falling housing market means the mortgage industry faces massive layoffs

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While many employees in the crypto industry dread that invitation from the 4 p.m. calendar on a Friday, the same can probably be said for people working in the mortgage industry. A cooling housing market has everyone from traditional mortgage lenders to hot startups shedding staff faster than you can tell “market conditions.”

  • Last week, JPMorgan laid off 1,000 employees from its home loan division, according to Bloomberg.
  • Wells Fargo laid off hundreds of employees in April after its mortgage income fell 33% from the first quarter of 2021 to 2022, according to Insider.

How we got here: This month, the Fed raised interest rates by the largest amount since 1994, and Chairman Jerome Powell signaled that there was much more tightening on the horizon to help fight inflation. at its highest for 40 years. This benchmark interest rate, which adjusts borrowing costs between banks, also influences borrowing costs across the economy, including mortgages.

The 30-year fixed-rate mortgage is now just under 6%, compared to just under 3% at the same time last year, and that’s starting to seriously scare off buyers.

Boom and bust

Historically low interest rates during the pandemic have helped fuel an extremely competitive housing market, prompting mortgage lenders to recruit staff in order to meet the increased demand for housing finance.

  • From March 2021 to February 2022, the number of mortgage and non-mortgage brokers jumped 8%, according to the Bureau of Labor Statistics.
  • 1.8 million people worked in real estate last month, the highest number on record.

But like so many tech companies, these companies also realized they may have overhired during their pandemic growth spurt…, the mortgage startup infamous for laying off people en masse on Zoom, has hired nearly 7,000 employees during the pandemic. But after three rounds of layoffs in the past six months, the company, which had around 10,000 employees in December, now has less than 5,000.

Joanna Yu, mortgage originator for US Bancorp, told Bloomberg: “In 2021, we basically had no life. …But from April, it was totally dead. It’s like vacation time.

Big picture: The housing market could see less of a crash and more of a return to typical conditions. Svenja Gudell, chief economist at Indeed and former chief economist at Zillow, told Bloomberg: “We are seeing this kind of normalization in many areas. … And I think housing is one of them. For example, more than 40% of door-to-door sellers in pandemic favorites such as Salt Lake City, Boise and Denver lowered their prices in May, according to Redfin.

However, these price cuts have not yet spread across the country. The median price of an existing home in the United States hit a record high of $407,600 last month.—MM

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Salt lake city

Salt Lake City Arts Council awards more than $225,000 in grants to local artists and organizations

Salt Lake City – The Salt Lake City Arts Council has awarded ten local artists and twelve Salt Lake City nonprofit arts organizations more than $225,000 as part of the $500,000 US Bailout Grant awarded to the Arts Council by the National Endowment for the Arts (NEA) to help the arts and culture sector recover from the global COVID-19 pandemic. 19. In May 2021, the Board of the Arts Council reviewed seventy grant applications and recommended funding to selected artists and organizations.

Artist Career Empowerment Grant
Ten local artists received $15,000 each to produce a large-scale art project in Salt Lake City. Projects range from an art exhibit about redefining Latinx art and artists, an opera about domestic violence portrayed by the many different people who experience violence in our community, an outdoor dance performance that explores local flora and fauna, and many more.

“This is the largest award the Salt Lake Arts Council has ever given to individual artists,” said Taylor Knuth, Deputy Director of the Salt Lake City Arts Council. “We hope the support will bring stability and empowerment to these artists in their careers.”

Racial Equity and Inclusion Grant for Arts Organizations
The Racial Equity and Inclusion Grant was awarded to twelve Salt Lake City nonprofit arts organizations that lead the region in programming that promotes and shares the stories of historically marginalized communities. The projects supported by this grant bring the voices of marginalized people to the fore.

The Salt Lake City Arts Council awards funds to organizations and individual artists each year through the city’s Arts Grants Program. This year alone, approximately 130 grants were awarded for a total of approximately $609,000. There will be a second round of grants this fall for the remaining $225,000 of AEN funding. Interested candidates are encouraged to Subscribe to our newsletter to stay up to date on current information regarding our City Arts Grant Program and all other programs.

For more information about the Salt Lake City Arts Council’s City Arts Grant Program, please contact Susan Campbell at [email protected] or visit

The Salt Lake City Arts Council’s mission is to promote, showcase and support artists and arts organizations in order to facilitate the development of the arts and expand awareness, access and engagement.

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Utah economy

Mormon Women Use Relief Society to Help the Poor and Start a Business

Mormon crickets and grasshoppers nearly decimated the crop soon after the Latter-day Saint pioneers entered the Salt Lake Valley. After those difficult years, many Latter-day Saints began to store grain to avoid their previous trials, to practice the principles of self-reliance, and to feed the poor.

As part of grain storage efforts, the Saints built the Ephraim Relief Society Granary between 1872 and 1875. Initial efforts to store grain were unsuccessful, so in 1876 Brigham Young asked Emmeline B. Wells to direct the grain storage program.

Wells and the Relief Society quickly took over the program and began to organize the harvesting and storage of the grain. When the Relief Society of Nauvoo was formed, the minutes recorded: “Mov’d by Pres. Smith, that Mrs. Smith proceed to choose her counsellors, that they may be ordained to preside over this society, ministering to the poor – ministering to their needs, and tending to the various affairs of this institution.

Caring for the poor and needy was central to Relief Society. On June 9, 1842, Joseph Smith declared that Relief Society “is not only for the purpose of relieving the poor, but of saving souls.” This ministry to the poor and afflicted characterized the Relief Society and its efforts in Ephraim’s garner.

The granary operated from 1872 to 1914. The Relief Society used it to store grain, but they also used the second floor as a hall. He held community and cultural events there, making it a gathering place.

The building itself had a chute where workers slid grain to storage bins. Sometimes carrying infants on their backs, the pioneer women slid the grain down the chute to the basement. The grain stored there was used as food storage as well as for charitable purposes.

The Ephraim Relief Society would send branch representatives to Salt Lake City for annual meetings. There they coordinated their distribution and management of grain. The name of Sarah Peterson, president of the Relief Society of Ephraim, appeared on the records in the attic.

Florence Peterson Faux wrote, “When he was finally beaten, Sarah had harvested 60 bushels of wheat. This she shared with the colonists—it was their salvation, for by frugal and prudent management she provided bread for the little colony all winter long. They called it “Salvation Wheat” and when it was low, Sarah put some in a little bottle to show her husband when he got home from his mission.

Peterson kept the little wheat bottle all her life and when her husband was buried she placed the bottle with him in the casket.

Due to the lack of a monetary economy in Utah, the granary would collect in-kind donations instead of cash. The Relief Society again mobilized the attic to help the poor. The group collected donations and stored grain for local distribution to the poor and to support the needs of the church. The Ephraim Relief Society would work with tithing offices to help the poor.

In addition to cereal, the Ephraim Relief Society also sold handmade items, Sunday eggs, wool quilts, and dairy products.

As one of nine Relief Society granaries belonging to The Church of Jesus Christ of Latter-day Saints, this granary was important. It provided space for women in the public sphere to manage public affairs.

In a report on the success of the Sanpete County Relief Societies, edited by Wells, they noted: “The county has been very energetic in storing wheat, and much of it has been gleaned by women and children. … There are a number of female-owned buildings in the county, one or two of them quite large and spacious, and in some places there are shops and millineries wholly run by the Society of Relief.

In addition to the granary’s success, the Ephraim Relief Society used the building for other business purposes. “The History of the Relief Society in Ephraim” recorded that women acted as undertakers, midwives, nurses, and provided food and shelter to the poor. Women also helped construct buildings.

The Ephraim Relief Society eventually ceased operations. One of the last charitable endeavors the members became involved in was during World War I. The Relief Society collected grain to give to the needy and afflicted during this time. The grain program was the oldest and most successful program in Relief Society history.

While the building was owned in the name of the women of the Relief Society, they eventually sold it to Ephraim Milling and Elevator Co. in 1915. The granary remained operational for several years until economic hardship hit Ephraim. In 1969, the Ephraim Company newspaper published an article about how the attic would be destroyed, but that decision was reversed within two months.

The community came together to preserve the pioneer building and it was saved in 1990 when funds were secured to preserve the building.

Today, Ephraim’s barn is the only Relief Society barn open to the public.

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Salt lakes real estate

CAPROCK Group Inc. takes position in Extra Space Storage Inc. (NYSE:EXR)

CAPROCK Group Inc. purchased a new stake in shares of Extra Space Storage Inc. (NYSE:EXR – Get Rating) in Q1, according to its latest disclosure to the Securities and Exchange Commission. The fund bought 1,392 shares of the real estate investment trust, valued at around $286,000.

Several other large investors have also recently bought and sold shares of the company. NuWave Investment Management LLC bought a new position in shares of Extra Space Storage during Q1 worth approximately $117,000. CHURCHILL MANAGEMENT Corp increased its stake in Extra Space Storage by 0.5% in the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 56,304 shares of the real estate investment trust worth $11,576,000 after acquiring 258 additional shares during the period. Heartland Bank & Trust Co acquired a new stake in Extra Space Storage in Q1 worth $447,000. Veriti Management LLC acquired a new stake in Extra Space Storage in Q1 valued at $265,000. Finally, Strategy Asset Managers LLC increased its stake in Extra Space Storage by 36.8% in the 1st quarter. Strategy Asset Managers LLC now owns 5,374 shares of the real estate investment trust valued at $1,105,000 after acquiring an additional 1,446 shares during the period. 95.44% of the shares are held by hedge funds and other institutional investors.

EXR shares opened at $172.37 on Friday. The company’s 50-day moving average price is $180.64 and its 200-day moving average price is $195.49. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt ratio of 1.55. The stock has a market capitalization of $23.15 billion, a price/earnings ratio of 27.98, a PEG ratio of 2.65 and a beta of 0.46. Extra Space Storage Inc. has a 12-month low of $156.70 and a 12-month high of $228.84.

Extra Space Storage (NYSE:EXR – Get Rating) last released its quarterly earnings data on Tuesday, May 3. The real estate investment trust reported earnings per share (EPS) of $1.51 for the quarter, missing the consensus estimate of $1.86 per ($0.35). The company posted revenue of $379.81 million in the quarter, compared to $368.88 million expected by analysts. Extra Space Storage achieved a net margin of 50.76% and a return on equity of 23.42%. The company’s quarterly revenue increased 25.1% year over year. In the same quarter last year, the company posted earnings per share of $1.50. As a group, equity research analysts expect Extra Space Storage Inc. to post EPS of 8.25 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 30. Investors of record on Wednesday, June 15 will receive a dividend of $1.50. The ex-dividend date is Tuesday, June 14. This represents an annualized dividend of $6.00 and a yield of 3.48%. Extra Space Storage’s dividend payout ratio (DPR) is currently 97.40%.

Several brokerages have published reports on EXR. KeyCorp lowered its target price on Extra Space Storage shares from $224.00 to $200.00 and set an “overweight” rating on the stock in a Thursday, June 16 research note. reduced shares of Extra Space Storage from a “buy” rating to a “hold” rating in a Wednesday, June 15 research note. Morgan Stanley lowered its price target on shares of Extra Space Storage from $172.00 to $156.00 and set an “underweight” rating on the stock in a Wednesday May 25 research note. Evercore ISI set a target price of $198.00 on shares of Extra Space Storage in a Monday, June 20 research note. Finally, Truist Financial lowered its price target on Extra Space Storage shares from $225.00 to $200.00 and set a “buy” rating on the stock in a Wednesday, June 1 research report. One research analyst rated the stock with a sell rating, five gave the stock a hold rating, and six gave the stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $201.00.

Separately, CEO Joseph D. Margolis sold 5,000 shares of the company in a transaction dated Friday, April 1. The shares were sold at an average price of $208.34, for a total value of $1,041,700.00. As a result of the sale, the CEO now directly owns 62,035 shares of the company, valued at approximately $12,924,371.90. The sale was disclosed in a legal filing with the SEC, accessible via this link. 1.52% of the shares are currently held by insiders.

About additional space storage (Get an assessment)

Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 storage stores self service. in 40 states, Washington, DC and Puerto Rico. The Company’s stores comprise approximately 1.4 million units and approximately 147.5 million square feet of leasable space.

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Want to see which other hedge funds hold EXRs? Visit for the latest 13F filings and insider trading for Extra Space Storage Inc. (NYSE:EXR – Get Rating).

Institutional Ownership by Quarter for Additional Space Storage (NYSE: EXR)

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Salt lake city

Real Salt Lake held scoreless in deadlock against Columbus

SALT LAKE CITY – Real Salt Lake and the Columbus Crew played out a scoreless draw at Rio Tinto Stadium tonight in front of another sold-out crowd.

The draw was only the second in eight games at the Rio Tinto Stadium this year.

Three changes

Manager Pablo Mastroeni made three changes to last week’s roster which beat San Jose Earthquakes 2-0 as Aaron Herrera returned from red card suspension, Pablo Ruiz replaced Scott Caldwell and Rubio Rubin received his second start of the season following an injury to Bobby Wood. .

Real Salt Lake dominated the first part of the game. Rubio Rubin found space behind the Columbus baseline and fired his shot from the near post. Then, 15 minutes later, Justen Glad found space at the back post from a Herrera cross and narrowly missed through a side-netting shaking foot.

Zac MacMath made the first-half save when Columbus left-back Pedro Santos attempted a cross that had eyes for the top right corner of the net. MacMath leapt into the air and hit the ball with his fingertips pushing the ball out of the woodwork.

Marcelo Silva was reprimanded deep in stoppage time with a yellow card after battling for a header and slashing Columbus striker Miguel Berry with his elbow, albeit by accident.

In the main interval, Real Salt Lake controlled 53% of the possession while going 3 shots to the Crew’s 2, however, both of Columbus’ shots were on target while Real Salt Lake only managed 3 shots. only one shot on target for the first 45 minutes.

Second half stalemate

In an attempt to bring some energy into the game, Mastroeni opted to use Scott Caldwell and Jonathan Menéndez off the bench in the 66th minute who replaced Pablo Ruiz and Rubio Rubin, respectively.

Menéndez took the lead alongside Sergio Córdova while Jefferson Savarino and Justin Meram played on both wings.

Shortly after, Córdova found herself in a one-on-one position but couldn’t get the ball past Columbus goalie Eloy Room, who did a good job of getting his body big enough. to stop shooting.

Apart from Córdova’s opportunity, the second half was a stalemate.

In the 83rd minute, Justin Meram was replaced by Maikel Chang who struggled to find the rhythm and fluidity of the game in his 10 minutes of playing time.

It was only the second draw at the Rio Tinto Stadium in eight matches so far in 2022. The previous draw came against Toronto when it ended 2-2 on April 9.

next game

Real Salt Lake travel to Minnesota United next Sunday, June 3, with a scheduled kickoff at 6 p.m.

The match will be available to stream for free via the KSL Sports and KSL 5 TV apps or on KSL Sports dot com.

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