Bulletin for weeks of May 19 to June 2, 2011
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| Speaker John Anderson with Provo Rotary Club president Steve Tolley. |
Upcoming Luncheon Programs and Events
May 26: No luncheon meeting. Girls Night at 6:00 p.m. at the BYU Skyroom. RSVP.
June 2: Freedom Festival annual Prayer Breakfast (luncheon) featuring Michael McLean
June 9: Wally Brown, The Shelter Box
MONDAY, June 20: Rotary Festival Classic Golf Tourney Barbecue, 1:00 p.m. at Riverside
June 23: No luncheon meeting. Evening Boys Night at the ball park.
June 30: New Office Installations
Provo Rotary Social Schedule for 2011
May 26: Girls Night party BYU Skyroom dinner and play Diary of Anne Frank
June 20: Annual Rotary Festival Classic Golf Tournament, Riverside Country Club
June 23: Annual Boys Night at the ballpark, Orem Owlz v Casper Ghosts
August 4: Annual adult summer party at Jolley's Ranch
September 15: Annual golf party at Wasatch Mountain State Park
December 15: Annual Christmas party at Riverside Country Club
Report of the Weekly Luncheon Meeting held May 19, 2011
Today's meeting was held at the Provo Downtown Marriott Hotel with past-president Steve Tolley conducting. Dinner music was provided by Ron Roberts. Stan Miller lead the singing of the anthem and the pledge. An invocation was offered by Phil Barker.
Bruce Gilchrist was welcomed back from his recent LDS mission in Hawaii.
There will be no noon meeting next week. Instead we will meet at the BYU Skyroom at 6:00 for dinner followed by a play in the Harris Fine Arts Center, The Diary of Anne Frank.
The annual Zions Bank Spring Art Show will be at Zions Bank this evening from 6:00 to 9:00 p.m. featuring many Utah artists. Two of them have ties to our club: Kirk Parkinson and Jill Moon.
At the annual Rotary District 5420 conference last week our club received three awards:
The annual Presidential Citation from Rotary International
The District Literacy Award
A silly hat award for Steve Tolley
The annual Rotary Festival Classic charity golf tournament will be held in just a month, Monday, June 20, 2011 at Riverside Country Club. Club members are needed to help register and set up at 6:30 a.m. There are still spots to golf if you wish to do so. And all club members are invited to the steak and salmon barbecue at 12:30 p.m. at Riverside Country Club's fairway canopy dining area.
The club's president-elect nominee, Dr. Vaughn Park, will represent us at the annual Rotary International convention in New Orleans next week.
Andy Anderson served as sergeant.
President-elect Steve Densley introduced today's speaker, John Anderson, former chair of the Utah Valley Chamber of Commerce and current VP of Equitec Properties. There were over $100,000,000 in commercial property sales in 2007 which dropped sharply in 2009, picked up a little in 2010, and is doing even better this year. However, he said it will be a long time before we reach the 2007 levels again.
The Salt Lake City metro area is in the top-10 in recovery in 2010 in industrial properties with 7.8% vacancies in vacancies. Utah Valley is close behind at 8.3%. However there is still 14% vacancy rate in office space and 11% vacancy rate in retail space.
Utah Valley is one of the top five in tech start-up companies in the US because of three large universities. It is also a favored area for call centers because of the diverse language abilities of many residents who have served worldwide on LDS missions.
Utah Valley's population is currently around 560,000 and is projected to grow to around 720,000 by 2020, mostly in the north and west county areas and in the Provo/Orem core area.
