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Cedar Rapids Gazette (Newspaper) - March 22, 1974, Cedar Rapids, Iowa The Cedar Kapids Gazette: Frl., Mar. 22, 1974 First-Year Deficit Seen For Community Center By Roger Green A proposed Cedar Rapids community center would proba- bly face a first-year deficit of about Robert Kazimour, chairman of the center finance advisory committee, reported Thursday. However, "after the first income would come -from the arena, an estimated for the first year. Revenue is anticipated to in- crease 10 to 11 percent for the fees for profit-making and non three to five years, with aggrcs- staff, sive management, the facility! should achieve financial level with the possib ty of earning a minimal profil a report approved by the co mittee pointed out. The committee approved final draft of the report Thur day afternoon. Reports fro four other committees dealui with diffeernt aspects of tl center will also be submit! over the next week to Willia Fletcher, chairman of tl mayor's advisory committee i the community center. Basis For Report The finance management r port is based on informatio received from civic centers an auditoriums comparable in sea ing capacity and populatio area. The center should realiz first-year gross income according to the report The largest share of the gros second and tliird years of opera, tion, the report said. First-year salaries are es- timated at for full-time Management Course Set at Town House Management by objectives will be the subject of a semi- nar Wednesday at the Town House. The seminar is designed for "some of the very groups for persons employed in manage- which it was designed were not financially able to utilize it." The report outlines separate profit groups using the center's Director's Salary C. R. Exports 25% In 1972: Petska Cedar Rapids firms exporte about 25 percent more product during 1973 than during J972, ac cording to a survey releaset Thursday by the Chamber. o Commerce international trad bureau. Exports .for 1973 by 50 firm: responding to the survey to while 1972 ex ports totalled only Total imports'to Cedar Rapids -firms surveyed totalei about the for 'Richard ..Petska, bureau manager, reported. Petska said -the figures in- dicate the market for Cedar Rapids manufacturers is definitely .growing, as the 2; percent figure outweighed the estimated 8 percent inflation for the.year. amount of exports provides more economic stabili- ty for the. area as.riormally 12 to 18 months are necessary for a depression to spread .from the U.S. to Europe, he said, provid- ing; a cushion for the.local job market. Petska said the outlook for the 1974 export market is uncertain as: domestic demand has in- creased considerably in light of supply shortages. is suggested and, "we feel thi amount necessary in order t entice a capable th report adds. Other operating overhead not estimated in the report. Committee Chairman Kazi mour explained those figure would depend to a large degrei upon the design of the facility. Such operating expenses mus be estimated by the building architect, he said. Deficit However, Kazimour did spec ulate, based on the operations o other similar centers, that th< 'acility would probably shov about a deficit the firsi year. The deficit would decline in following years, he said, anc he center would probably break even after three to five years, as pointed out in the report. If an aggressive manager is lired as soon as the center's plans are finalized so booking or the center's use could begir lie same time construction tarts, the center could theoreti- cally.break even the first year, ie said. He however, that such rood fortune is not likely based n other centers' performances. Reduced Rates The committee suggested any rdfit the center might make hould be directed toward low- ring rental fees for non-profit rganizations. David Spatola, fine arts cpun- ABA Chief Hits Nixon Stance on Watergate Data American Bar Assn. President Chesterfield Smith says President Nixon's refusal to hand over all Water- gate evidence to those consider- ing his impeachment amounts to obstruction of justice. --'.'I completely and'wholly dis- agree with Nixon's contention that dragging out Watergate drags down Smith said. "The want wrongdoing: uncovered" and the wrongdoers punished, no matter how high the office they hold." In an interview, Smith said the President was on shaky con- stitutional ground in not releas- ing all requested documents and tapes. "I don't feel any evi- dence is subject to presidential privilege, presidential privacy or even national he said. and small theater. Fixed Costs Kazimour explained the non- profit rale schedule is designed A director's salary of cover only fixed costs of ......keeping the center open. The committee emphasized its agreement with that philosophy, adding a statement to the report that: il executive director, presented ie committee with a -written atement expressing concern lat the center rental charges louldn't be priced so high that ment or those preparing to as- sume managerial positions in business or industry. Seminar leader will be Dr. Barry L. Rcece, associate pro- arena, performing arts theater fessor of business education at the University Iowa. The program of Northern will open at 'The schedule of charges has been prepared with intentions that profit-making organizations using the auditorium will bear the burden of operating costs, allowing non-profit organiza- tions to use it at a minimum It's easy, it's fun, it's inexpen- sive, it's resultful it's Ga- zette want ads! charge costs." to meet only fixed Two Get Suspended Terms in Buchanan INDEPENDENCE Suspend- e dsentences were handed down to two men in Buchanan county district court this week by Judge Roger F. Peterson. On Wednesday, David C..En- yart, 46, rural Waverly, pled yalty to a drunk driving charge :iled Feb. 8. He was given a 30- day suspended jail sentence and jaroled to Kenneth McCardle for one' year. Enyart was also ordered to enroll in a drinking driver's course and associate vith the Northeast Iowa Council on Alcoholism. His license was Thursday, Michael Boyd rwin, 26, Independence, was ;iven a three-month suspended ail sentence, and he also was irdered to associate with the Northeast Council on Al- "oholism. He was charged Dec. 8, 1973, of carrying a concealed veapon and withdrew an in- a.m. and run until 4 p.m. Persons interested may pre- register with Odessa Turner at 398-5456, or they may register at the opening of the seminar. Registration fee is Social Security Income Reports Due by April 15 Pcnsons who earned over paid got one or more so- cial security retirement or sur- vivors checks in 1973 must sub- mit an annual report of their earnings to social security by April 15. James Wood, social security i earned for iho year, (hey could be paid full benefits for any month they earned or less and didn't do substantial work in their own business. For 1974, the figures increase to for the year and per month. Late filing of the report or failure to file could mean loss of social security benefits, Wood said. district manager, said the re- Persons over 72 in all months port shows self-employment in-jof 1973 do not need to make an come and wages earned report, 'ear as well as expected earn- ings this year. "The report will be used to determine if people were paid he correct amount of social se- curity benefits and to adjust heir payments for Wood said. Full social security benefits could be paid to eligible people n 1973 if they earned or Miss Woods Is Panel Witness WASHINGTON (UPI) Rose Mary Woods, President Nixon's personal secretary, testified se- cretly Friday before the senate Watergate committee about what she knows of a ess, he explained. campaign contribution from No matter how much they Howard Hughes. HARDS GARDENS 3901 FIRST AVE. S.E. OPEN 9-9 MON.-THURS. FRI.-SAT. 9-5 SUN. 11-4 nocent plea and changed the lea ,to guilty Feb. 21. Defendant vas paroled to the bureau of dull correction for an undeter- mined time. Pair'N'SpareSpecial LARGE SELECTION OF FRAME STYLES AND COLORS single vision GLASSES Offer Extended to March 30, 1974 DOWNTOWN CEDAR RAPIDS 106 1ST STREET S.E. O.PLN ALL DAY MONDAY THRU SATURDAY Our Inventory Must Be Reduced By '3 This Week-End Save Up To 70% On Many Stock Sale Priced NO REASONABLE OFFER REFUSED OPEN TONITE TILL TILL 5: Three-Cushion Craftline Sofa Beautiful print velvet cover, lifetime guaranteed construction, something really special. Regular Now 95 Three-Cushion Spanish Sofa Luxurious velvet cover, lifetime guaranteed construction Regular Now 95 Three-Cushion Mediterranean Sofa Rich velvet cover, lifetime guaranteed con- struction Regular Now Early American Sofa Nylon cover, back styling Regular
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