Utah Resources International Inc., 1604 Walker Center, had net income of $442,000 in the first nine months of 1990 compared to a net loss of $152,100 in the same period a year ago, according to John H. Morgan, president.
He said the company, which develops property in St. George, had $2.4 million in gross income during the nine-month period and $252,000 of that amount reflects an exchange of 10.6 acres of undeveloped real property for 102,429 shares of the company's common stock.In its efforts to promote St. George as a recreation and convention center, Utah Resources has entered into several partnerships that own and operate the St. George Hilton Inn and the Hilton Texaco Service Station.
One of the partnerships owns a health and exercise club adjacent to the Hilton, which it leases to the Desert Palms Nautilus and Racquetball Club. Other partnerships have been involved in residential subdivision, town home commercial subdivision and golf course development.Buses will shuttle between S.L., Park City Lewis Brothers Stages will operate an employee shuttle bus between Salt Lake City and Park City during the winter season. Single bus service has started and a second bus will start operating Dec. 15.
The company will charge $50 for 20-ride passes, which are available at the bus company's office at Silver Springs, close to U-224 in the building with the blue roof.
Lewis Brothers is encouraging employers to buy the passes and sell them to their employees at a discount price or include them as part of an employee compensation package.
The buses will make stops at the ParkWest Ski Area, the Holiday Village Mall, the Resort Center and Deer Valley Plaza.Firm won't raise its fuel surcharge Officials of Roadway Express Inc., which operates in Utah out of a facility at 1234 S. 3200 West, said they won't increase their fuel surcharge even though the federal tax increased five cents per gallon recently.
They said recent declines in fuel prices will offset the impact of the additional tax. Roadway's fuel surcharge is 2.5 percent and related to the recovery of rising costs for fuel.
Company officials will continue to monitor fuel costs and adjust the surcharge appropriately.2 companies in Utah join Toys for Tots drive