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Publication: European Stars and Stripes Wednesday, August 3, 1977

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   European Stars And Stripes (Newspaper) - August 3, 1977, Darmstadt, Hesse                                By f Rorri Topper plants hides Arizona Sun City is expanding of people reit Ranj v i we see a continuing positive management and prospects Are state warns prospective arizonans that they 1 come financially prepared la endure three to five is of 7 their Hopes almost All say they to enjoy the Hough one inquirer asked Ier Gib monsters an Jua monsters Are no but the state Tun an Ling problem with where water is pumped from underground that have sunk too eel in the past the a monthly residential water Mil this summer will be eral City Council members were recalled for railing but their successors quickly abandoned prom troll Back the rates when faced with the reality thai Tillion will be needed to buy Farmland and under d water Arizona supreme court decision affirmed Long ing state policy thai water rights remain with the hat the water Hows Over or the decision also sed sentiment of Many against the t Central Artona which will carry Mil Cre feet of water to Phoenix and Tucson in the mid the legislature passed a Law allowing cities nines to buy retire it from agriculture and underlying water for use court Chat i Are however in Western awaits the lie of litigation by neighbouring ranchers Over water and to the faces perennial problems arely adequate lie some no growth candidates capitalized on the crisis in 1976 no conclusion can be says Tom Deputy director of the Arizona Tucson u using Aboite five As much water is being Clark if we Cut out i culture id the area they would Hill be it twice As much water Ai it being ire will Nave to be a us on but you cant Fly Tell where the lid Comet a inc the Cost of an Al Bills and a family of four can live cheaper los san Kansas Houston or Atlanta than Phoe jul first National Bank at Arizona says that it is or to live in Phoenix than in new san Feve Seattle and t Arizona real estate Market slowed along with the Lal Economy two years but it started recover the last half of last and now it is at us highest n s of the Best known developers in the state is Del with a population of 17year in Gay retirement Community was Host to last August 1977 eight Hundred housing units were sold in Sun Cuy in says Webb president John com pared with 882 in All of production was raised to 50 units a and sales totalled 742 in March and is in with thousands of people retiring Early on substantial pensions and other income we see a continuing positive he announcing plans to expand Sun cites population to by building on an addition Al acres of former Bui All is not Mcculloch Oil announced in november that it would inish developing Lake Havus with its transplanted London Bridge on the Colorado and the Fountain Hills Community near but after it will go out of the land development Busi Lake Avaiu atty the same desert that has dozens of Sodl Voston Spring of and die la the past Mart notable Cochue College which bilked investors of tit million before to collapsed in so persons connected with Cochise College Park were convicted of fraud on May and 11 More Are awaiting Ned self proclaimed godfather of Arizona land who was mentioned in company correspondence As a director of the was not indicted in this on May from a Hospital bed where he had been confined since february with a heart be pleaded guilty to state land fraud and bribery charges which had been hied in Maricopa county Superior court in he also withdrew his Appeal of a 1975 Federal extortion he is under guard at Bis Phoenix Home awaiting sentencing in state the collapse or Cochise College Park and several other fraud Ridden Arizona along with convictions of several land Crooks and Stufer have brought a virtual standstill to Remote subdivision devel state officials Clark says a new Law requiring developers to disclose us availability of water also has we dont Stop them from because people will go ahead and he but the Law has really Cut Down on the number of new subdivisions that Are Bruce Babbitt and former Wil Liam who now Heads a joint legislative task Force unorganized say lot stale is gaining arizonans first statewide grand jury indicted 40 per sons last year and the state Nas not lost a Babbitt among notables named in True Bills was Robert founder of and Lincoln Thrift associations in Phoenix and some investors deposited 52 million before the firms were shut Down by the securities and Exchange commission and Federal court in investors May get Back 10 cents on the Dollar Wien assets Are distributed by court appointed officials Fendler is accused of stealing million from the Thrift firms to finance american Bank of Commerce in dont care what they said about were Corning to who will use a appropriation in an attempt to close in stale con cedes thai More fraud and conspiracy cases have been filed in this District than any District in the armed with subpoena the task Force will examine narcotics and in going to see where the mama kinds of criminals what there says and in wre were going to find deficiencies in the ability to regulate banking and real then there Are things the racing businessmen have complained that stifles but Smil Jieme what possible advantage could these Riporto be to Arizona we dont need an army of croaks in business to pinpointing what is needed for orderly growth remains a much of the responsibility for balancing government land use and population Falls of Brent the state theres enough water in Arizona to handle a lot of he but it Means youll have to do away with a lot of agriculture or Artanna produced per cent o the nations Domestic Copper last Brown 1 dont know if you want to put a lot More people in Sun City and do away with the theres a very delicate balance being paid to help achieve such balance is the Hudson Institute of new headed by Herman the Institute has been retained by banking and business leaders to project the Arizona of after a Century of and offer Kahn already has predicted Hal Arizona will be an example of americas first postindustrial Socie populated by a lot of wealthy people who Haven worked living amid a very urge amount of urfa sprawl holding onto conservative ant traditional they will be relatively Kahn whether Arizona is Square Doest Mailer says people Are going u come Here no matter the stars and stripes Page is  
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