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New Braunfels Herald-Zeitung (Newspaper) - February 21, 1984, New Braunfels, Texas Il i r1 o Co Making a deposit Appraisal board chooses SASA for district funds By DYANNE FRY Staff writer San Antonio Savings Association offered higher interest on small Certificates of and became Comal County Appraisal Districts depository institution for the next two The board of directors made the decision Monday San Antonio Savings outbid Guaranty State which has been the districts depository since and also Texas Commerce Each of those institutions offered eight percent per annum on CDs less than For conventional banks dealing with government thats as high as the law said Chief Appraiser Glenn The savingsandloan agency operates under a different set of It offered percent for CDs maturing in seven to 90 percent up to 181 days and percent for CDs maturing in 182 to 364 CDs invested for periods longer than a year would bring more than 10 percent Guaranty and Texas Commerce offered rates better than eight percent on CDs of or But Brucks told the board he rarely had that much money to Director Esther Boarnet said that there seemed to be not much of a that the district was obligated to store its funds in the bank that would give the best Directors voted 40 in favor of San Antonio with George Erben abstaining because hes an officer at Guaranty a director at Texas decided to vote with the since I dont hold any stock in and I dont have any deposits he SASA also offered an interestbearing checking to pay percent at this The rate will Brucks but a minimum of per cent is The other banks offered a flat The savings association also provides Boarnet and board chairman Charles Lewis both indicated they would have preferred more time to look at the bids before making a The present depository contract expires at the end of This was SASAs first time to bid on the appraisal districts New Braunfels National which has bid in the decided not to submit a proposal this Brucks Director Arnold Moos was opposed to the 1984 holiday which included one more day off than last The rest of the board voted in and the schedule was approved Brucks said the schedule was identical to Comal with 11 holidays in Veterans Day was taken off last years but the new schedule gives employees two days off at Christmas and New Years as well as In addition to the regular state local governments shut down for one day during the annual Youth The board talked about the car allowances paid to the districts field but made no move to change the system at this Brucks currently pays per month to appraisers working mostly in town including himself and to those who work outlying parts of the When someone asked if hed kept up with the number of actual miles Brucks deferred to appraiser Curt Saur said he usually drove See Page 12 HerafdZeftung sold to Southern The announcemtrtt of the Mle of the New BraunfeU HttaldZmttihg to Southern was made Monday in a joint fUtetnetit by Martha Ann president of Southern and Ted president of Taylor Taylor Communications has owned the newspaper since David general manager of the HeraldZeitung tor more than two will remain in that same according to Southern Claude Scruggs will retain the title of I am very pleased that Southern has purchased the although I have enjoyed my relationship with Taylor Kramer I feel that being aModated with orgamtation will be beneficial for our our and our We win continue to operate as we have without any noticeable There will be no changes on the he said New Braunfels and Comal County being located in the Austin San Antonio corridor have a bright Kramer Growth is inevitable and the HerddZeitung will continue to be part of that Southern in has properties along the Texas Gulf Coast and in North Carolina and New Syd Gould and Associates acted as New Braunfels New Texas HeraldZeituno 12 Pages TUESDAY February 25 Cents USPS 377880 The Winner The Loser Mondale wins big in Iowa caucuses Walter Mondale John Glenn DES Iowa AP Walter Mondale says his perhaps spectacular victory in Iowa will help convince Democrats that he is the man to defeat Ronald but his opponents for the nomination say they will be ready for him next week in New John whose claim to be Mondales prime challenger sank under the weight of a fifthplace We took a licking tonight but we are on to New I hope we do much better than we did in we wont do much Mondale scheduled a quick trip to the Granite State Others were already at work preparing for the firstin thenation primary After the dimensions of his Iowa caucus victory became clear Monday former vice president Mondale told reporters I think Im going to be nominee and I think this win here in Iowa strengthens me said Tonight is the beginning of the end of the Reagan The Iowa vote Here are numbers from tho Iowa caucuses of 45 percent 15 percent 13 percent 9 percent 7 percent 5 3 Jackson 3 percent Let the wordgo out from Iowa to the nation to all Americans who want a safer I am on your Iowa Republicans held caucuses as well on but Reagan had no opposition for To rally his troops and beat up on the Reagan came to Iowa on Monday for his first political trip since he Mondales victory was lopsided and long Television networks projected his triumph while the caucuses were still under prompting an outraged state David to complain that they had interfered with the Mondale nearly shut out his opponents in the fight for national convention He took nearly half the raw vote at the precinct meetings and led for 48 of 50 nominating Gary Hart of whose secondplace finish gives him a claim to be Mondales top won two It will be a big It will add ad ditional energy to our effort Hart told supporters in it does turn this into a Hart Mondale race It sets up a contest bet ween the partys future and its George starting late and spending little finished a surprising third and called it a minor A great many Iowa voters voted their convictions and voted their con said the partys 1972 stan With the New Hampshire primary only See Page 12 McGovern get boost from Iowa results AP Buoyed by a secondplace finish in Colorado Gary Hart says the key to his Democratic presidential bid is immediate recognition as the only alternative to frontrunner Walter I think youll see the gap narrowed very Hart told reporters who crowded around him at his Manchester campaign headquarters Monday I think this will be a twoperson and Ill win Hart said his 2 showing in Iowas precinct caucuses will focus more attention on enrich his campaign coffers and persuade un decided voters in New Hampshire and other early contest states that his candidacy is alive and deserves their I expect more people will have heard my name tomorrow than have in the past he Despite the burst of Harts aides concede he has done little to organize key southern states that will hold caucuses March and he lags far behind Mondale in fund Former George McGovern of South Dakota emerged from the ranks of longshots to finish just behind He claimed he had pulled off a minor and said his showing proved that many lowans voted their convictions and voted their con Alan Cranston finished lower than the clear third he had said was necessary to remain a viable Even the Californian said the results were not fatal to his adding We are all still in the race against Cranston branded John Glenn of Ohio the big and the caucus returns bore him Glenn finished a distant behind four other candidates and an uncommitted He took his lumps at a news con ference in Im not making any We got whipped Former Florida Reubin the Jesse Jackson and Ernest Hollings of South Carolina finished in the last three Inside Todays Weather This afternoon was expected to be sunny and warmer than the last with a high in the low60s and north near 10 miles per Tonight will be clear and with temperatures dipping back into the and winds almost Wednesday will be sunny and with breezes shifting to the southeast at 10 miles per Sunset today will be at and sunrise Wednesday at DEAR a HOROSCOPE 3 TV Post Office blues Chamber board dislikes Postal Services site choice Arts Council ready for funds requests By DEBBIE DaLOACH Staff writer More than in hotelmotel room occupancy tax was divided among the the Chamber of Commerce and the City of New Braunfels in Members of the Arts and Cultural Commission were pleased to hear that Monday because they are charged with dividing up the arts 10 percent of an estimated similar figure We had for distribution for the arts in member Dan Sedgwick With the enlargement of hotelmotel facilities were I think we can at least expect something in the same range if not better to work from this the HeraldZeitung found an small error in the dollar amounts made public Monday night that ad justed Sedgwicks figure upward by The dollar difference was confirmed by City Hall Tuesday See Page 12 Stuff photo by Frances Bridgns Mitch Sacco holds a letter from the Postal Service concerning its preference for a new local facility YZNAGA KING Wire editor The New Braunfels Chamber of Commerce board of directors does not agree with the Postal Services site for a new local post The post office field real estate and buildings of fice announced recently that it prefers the site at Highway 81 and McQueeney Road to the South Seguin Avenue site next to the Sonic A post office at the first location would sort of lopside the Mitch chamber post office committee The chamber voted to send a letter to the field real estate and buildings office to tell them that the South Seguin Avenue site is preferable because it is closer to the center of The real estate office said that the South Seguin Aveune with its access to South Castell would pose driving The chamber stressing the importance of having the post office near Widening of the South Seguin Avenue bridge would help remove driving Sacco The original preferred site for a new post office was to have been square feet or a lot with dimensions of 265 feet by 330 The site would be bounded by the Comal River on the Santa Clara Street on the Garden Street on the east and the MissouriKansasTexas railroad tracks on the The preferred site area was later expanded to include Highway 81 on the
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