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Collection: Newspapers > Nevada County Nugget

February 25, 1970 (12 pages)

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summertime spot yet. Bill sha ave state continue snow removall nd Swimming af on old 40 introducedBy STEPHEN P: TEALE The problems and the costs of plowing and maintaining roads:in the steadily growing number of winter. recreation areas the Third Senatorial evaiiebiec he. bak for ‘snow removal and, for the: length of about four miles was returned to Nevada county after completion of the Donner Summit portion of Interstate 80, but snow removal costs were prohibitive for the county. In 1967 I authored a bill taking this portion of road back into the State Highway System and, asacompromise, the Division of Highways agreed to take over the duties of snow removal until June 30, 1970, The measure I introduced this week would ex. tend state snow removal on this 5 » Toad indefinitely. Last year, as part of the temporary one-cent gasoline tax increase to pay for stormdamage;:: § Assemblyman. Gene Chappie <f authored a bill. to.use funds. _Yaised by this.tax and not.need-: ed for Toad.and bridge repairs by elties and counties. “ot ° $527,280" toeligible cities: first time, made both cities and and-,counties and ofthis total counties: eligible for state snow’ ~> ‘Phe following .snow~ removal allocations: were made in the $100,995 went to cities andcounCounty of Calaveras -$24,197; County of Lassen -$10,‘678; County of Modoc -$12,181; and Sierra county -$4, 441, These funds were only for-excess snow removal costs resulting from storms occurring between November 1, 1968 and September 1, 1969. eo ood OWL Oner, &/BONDS . MEST w noe Tr wm Or ye safety. of the world’s y largpet fog ‘And that ‘counts a lot. 4 Vo% Regular Savings. Your interest has been loctoased to 4'2%, computed daily and. beeen quarterly. This is-our most popular savings plan because it’s so: flexible. -¥ou can put:money in. Take it out. Any time, any amount. Deposits <7 the tenth of each quarter earn interest from the et. 5' 4, Investors. Passbook. This is the passbook account that pays you more for deans “-yourfnoney with us for-at least 90 days. The 5%: annual ‘interest is’ ne compounded quarterly. $500 opens an ‘account. Additional deposits are ~ made in $100 amounts or more. BIA% * ‘Certificates. of Deposit. -We've lowered the entrance requirements and raised the rate on maturities of one year or longer;‘Two-year Certificates. now €arn BUM annually, and are. issued for $500 or multiples of $500. One-year. Certificates: now pay you-544% annually. TA% Certificates. of Deposit. _ Large deposits — $100,000 or more—now earn 742% if left . with us’a-year. The annual interest rates on these-Certificates range from 64% to.742% depending on their maturity. These represent an increase of %% to 1%4%. over: previous rates. We think good money sense means a savings account at Bank of America. You avoid risk. And you increase earnings. Drop in at your nearest branch. They'll not only help you with the business of living — they’ ll show you how to make it pay. BANK OF AMERICA i for i rope of pot te 270 ef