March 26, 1975 (8 pages)

8 The Nevada County Nugget Wed., March 26, 1975. Earl G. Waters es . How to save Cal Expo Once again the teetering of Parks and Recreation, industry, it was to supplant the third was devoted to the concessionaire in return for development financing. A CalExpo is at the crossroads of respond weakly with the claim it old State Fair which annually carnival. But the plans went ahead, similar contract was made with success or failure. The question would cost just as much to shut ran less than two weeks = spurred by pressure on local a carnival operator. To increasing deficits. It-was to of whether to continue the ot down as to keep it going. That is because revenues a major attraction, operated legislators from the community. compound things half of the new operation is pending before the Legislature. On the basis of past offset the tightly controlled year around. It was to be They chose a site hemmed in by property was sold thereby forever the performance it has been a operational expenses. The northern California’s answer to the American River, a freeway eliminating for . full and a burgeoning shopping opportunity colossal failure“and a financial major deficit is due to capital Critics pointed out that it center. Based upon the false development. It also added to outlay indeptedness. It is the disaster. Since its opening in 1968 it has only one of California’s 72 fairs couldn’t be that because it didn’t premise as to the value the old the traffic congestion, the very been a tragedy and a comedy. ever required to finance its own have the millions of people to fairgrounds property would thing they were attempting to The tragedy is that it could be a capital outlay. It ignores the fact draw which Disneyland enjoys. bring, the new plant was escape in the move from the old success. The comedy is that the that the fair never had a chance The dreamers retorted that the underfinanced from the start fair. As it stands CalExpo has Legislature annually threatens because its capital outlay old State Fair plant was and has remained so. from a poor:start to Because of the lack of degenerated to close it down and sell it off. program was never completedantiquated andthe property This year the Legislative and it isn’t spending enough to didn’t permit expansion. This, financing the new fair a bad finish. Its. exhibits are operations despite the fact one third of that management was compelled mostly hucksters shilling salad Analyst has_ refused to develop __ the property was used for camper into various moves all of which makers, vibrating chairs and recommend any funds for its necessary to attract. Conceived as a showcase for parking as temporary housing have gone sour. One was a long the like. The carnival is a continuance. The fair management, now in the hands California agriculture and for fair participants. Another term contract with the food disgrace. ‘ t * 4 ~ OR MORE INTEREST ON YOUR SAVINGS! Regular Savings Accounts Earn 5% Interest is credited and compounded quarterly . . and your money is available when you want it. Funds deposited by the 10th of the month earn interest from the 1st. 512% Nugget Passhook Account Pays you 5%2% on money left with MLB for 90 days or more. Interest is paid quarterly and you may withdraw your funds during the first 10 days of any calendar quarter. $500 or more opens a Nugget Passbook Account and you may make additions of $100 or more. Principal may be withdrawn at the end of a full calendar quafter.or on 90 day written notice. 5’ Certificate of Deposit Now you can earn 5%2% on amounts of $500 or more on funds left with MLB for a fixed term of from 90 to 364 days. Interest is paid quarterly and is guaranteed for the term of the certificate. 6% and 6’. Certificates of Deposit Funds in the amount of $500 or more left. with MLB for a fixed term of 1 to 2% years earn 6% interest. Funds in the amount of $500 or more left with MLB for a fixed term of over 30 months earn 612 % : ‘ : i : interest. ; 7% and 7%% Certificates of Deposit ciodiastnetoo x ; ) Ask about our “Sierra Seniors” no-service charge, no minimum balance checking Fundsin the amount of $1000 or more left with MLB for a fixed term of 4 yearsearn 71% interest. account — with free personalized checks . available to all persons 65 or over. Funds in the amount of $1000 or more left with MLB for_a fixed term of 6 years earn 7% %interest. Interest is paid quarterly on Certificates of Deposit and is guaranteed for the term of the ; Motner LODE BANK» MEMBER -F.D.1.C. GRASS VALLEY e NEVADA CITY PLACERVILLE * SONORA + FOLSOM ROSEVILLE * TWAIN HARTE « ALTAVILLE CAMERON PARK ———— Federal law and regulation prohibit the payment of a time deposit prior to maturity unless three months of the interest thereon is forfeited and interest on the amount withdrawn is reduced to the passbook rate. All Accounts Now Insured to $40,000 by FDIC

8 The Nevada County Nugget Wed., March 26, 1975. Earl G. Waters es . How to save Cal Expo Once again the teetering of Parks and Recreation, industry, it was to supplant the third was devoted to the concessionaire in return for development financing. A CalExpo is at the crossroads of respond weakly with the claim it old State Fair which annually carnival. But the plans went ahead, similar contract was made with success or failure. The question would cost just as much to shut ran less than two weeks = spurred by pressure on local a carnival operator. To increasing deficits. It-was to of whether to continue the ot down as to keep it going. That is because revenues a major attraction, operated legislators from the community. compound things half of the new operation is pending before the Legislature. On the basis of past offset the tightly controlled year around. It was to be They chose a site hemmed in by property was sold thereby forever the performance it has been a operational expenses. The northern California’s answer to the American River, a freeway eliminating for . full and a burgeoning shopping opportunity colossal failure“and a financial major deficit is due to capital Critics pointed out that it center. Based upon the false development. It also added to outlay indeptedness. It is the disaster. Since its opening in 1968 it has only one of California’s 72 fairs couldn’t be that because it didn’t premise as to the value the old the traffic congestion, the very been a tragedy and a comedy. ever required to finance its own have the millions of people to fairgrounds property would thing they were attempting to The tragedy is that it could be a capital outlay. It ignores the fact draw which Disneyland enjoys. bring, the new plant was escape in the move from the old success. The comedy is that the that the fair never had a chance The dreamers retorted that the underfinanced from the start fair. As it stands CalExpo has Legislature annually threatens because its capital outlay old State Fair plant was and has remained so. from a poor:start to Because of the lack of degenerated to close it down and sell it off. program was never completedantiquated andthe property This year the Legislative and it isn’t spending enough to didn’t permit expansion. This, financing the new fair a bad finish. Its. exhibits are operations despite the fact one third of that management was compelled mostly hucksters shilling salad Analyst has_ refused to develop __ the property was used for camper into various moves all of which makers, vibrating chairs and recommend any funds for its necessary to attract. Conceived as a showcase for parking as temporary housing have gone sour. One was a long the like. The carnival is a continuance. The fair management, now in the hands California agriculture and for fair participants. Another term contract with the food disgrace. ‘ t * 4 ~ OR MORE INTEREST ON YOUR SAVINGS! Regular Savings Accounts Earn 5% Interest is credited and compounded quarterly . . and your money is available when you want it. Funds deposited by the 10th of the month earn interest from the 1st. 512% Nugget Passhook Account Pays you 5%2% on money left with MLB for 90 days or more. Interest is paid quarterly and you may withdraw your funds during the first 10 days of any calendar quarter. $500 or more opens a Nugget Passbook Account

and you may make additions of $100 or more. Principal may be withdrawn at the end of a full calendar quafter.or on 90 day written notice. 5’ Certificate of Deposit Now you can earn 5%2% on amounts of $500 or more on funds left with MLB for a fixed term of from 90 to 364 days. Interest is paid quarterly and is guaranteed for the term of the certificate. 6% and 6’. Certificates of Deposit Funds in the amount of $500 or more left. with MLB for a fixed term of 1 to 2% years earn 6% interest. Funds in the amount of $500 or more left with MLB for a fixed term of over 30 months earn 612 % : ‘ : i : interest. ; 7% and 7%% Certificates of Deposit ciodiastnetoo x ; ) Ask about our “Sierra Seniors” no-service charge, no minimum balance checking Fundsin the amount of $1000 or more left with MLB for a fixed term of 4 yearsearn 71% interest. account — with free personalized checks . available to all persons 65 or over. Funds in the amount of $1000 or more left with MLB for_a fixed term of 6 years earn 7% %interest. Interest is paid quarterly on Certificates of Deposit and is guaranteed for the term of the ; Motner LODE BANK» MEMBER -F.D.1.C. GRASS VALLEY e NEVADA CITY PLACERVILLE * SONORA + FOLSOM ROSEVILLE * TWAIN HARTE « ALTAVILLE CAMERON PARK ———— Federal law and regulation prohibit the payment of a time deposit prior to maturity unless three months of the interest thereon is forfeited and interest on the amount withdrawn is reduced to the passbook rate. All Accounts Now Insured to $40,000 by FDIC