New Braunfels Herald Zeitung, April 14, 1985, Page 5

New Braunfels Herald Zeitung

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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Pages available: 319,437

Years available: 1952 - 2013

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New Braunfels Herald Zeitung (Newspaper) - April 14, 1985, New Braunfels, Texas Bond Buyer index Index of 20 municipal bonds; 20 year maturities, various ratings Dow Jones average 30 Industrials Money supply [MI] In billions of dollars Commodity futures index ———— Index of weekly closing prices of 27 R=Revised key commodities; 1967=100 11.0% 10.5 10.0 9.5 9.0    1    8    15    22    1 8 15 22 29 5 Feb.    March    April Chicago Tnbune Charts 270 3-month Treasury bills Percent, weekly average interest rate 9.5% 260 250 240 Holiday Feb. March April Jan. Feb. March April 230    1    8    15    22 1 8 15 22 29 5 Feb.    March    April Source Commodity Research Bureau Producer Price Indek /o Money supply [Mi » In billions of dollars 198311984 siness Hvrald-Zeitung Sunday, April 14,1985 5A Building permits take flying leap in March Bv DANA STELL By DANA STELL Staff writer Building activity jumped almost $4 million last month, following fairly* slow construction figures for January and February. March 1985 construction figures totaled $5.20 million, while those for February were $1.79 million and January', $2.16 million. The number of single-family residences started in March also rose significantly — from 12 in February to 27 in March, for a total value of $2.01 million. Also in March, Classen Enterprises began a five-unit condominium at 211 W. lincoln valued at $315,000. There were ll commercial projects, totaling $1 88 million, which included a bank, two stores, and three industrial projects. MBank-New Braunfels started work on a new bank building at 451 Main Plaza. That project will cost about $1 18 million And Funkhouser Inc . with AK Project Management, began work on a Domino's Pizza outlet on North Seguin That project is valued at $50,000 Voges Construction is finishing the shell interior on a building at 913 Area cities getting tax checks New Braunfels will receive $101,391 from the local I percent tax on sales made here in February. That's an increase of $12,000 over the same period in 1984. Total payments to the city this year amount to $548,465, which includes some sales made in 1984 last year’s payments-to-date were $468,224. The city of Garden Ridge received $549.78 as its share ti sales tax payment. To date, that city has received $1,432,19. The payment to Schertz for February sales dropped some from the previous year — this year’s payment is $16,789, compared to last year’s check for $20,026. Cibolo’s check also decreased, from $7,210 last time to $6,636 this payment period. The city of Seguin had a payment of $62,306 for February’ sides, and last year’s total was $57,28p. So far in 1985, that city is up about $50,000 over last year’s payments. San Marcos will receive a check for $118,867 for February sales. Last year’s check was $104,000. C lassifiedj is sure I to measure up! i 625-9144 Rij>ht now you have to decide whether you want to pay the tax man. or pay yourself'with an 18-month variable rate MBank Individual Retirement Account. If you’re a single wa^e earner, you can deposit up to $2,000 annually in your IRA. Married working couples may contribute up to $4,000 a year. And your cont ribut ions are tax-deferred. which means you’ll pay less taxes. Your MBank IRA earns a very high interest rate that ’s also tax-deferred. So you grow richer while you grow older. Even if you have an IRA elsewhere, you eau transfer it. Or open a second IRAat MBank and earn our high rate. You'll receive personal service and the security that comes with MBank. The strength ofa 820 billion hank holding company on your side. And federal insurance up to $100,000 on your account. MBank offers a variety of IRA programs, giving you the flexibility to select the one thats best for you. So open your IRA at A Momentum Bank now. Because if you hesitate much longer, your tax break is lost. Minimum depufcit n quin uh iii-- .is wi ll .»>,.» penalty for early withdrawal may apply lnitn-st rate*rile* tnt* liming!! April Kl. IMA 9.61% U MBanlCNew Braunfels A Momentum Bank MBank New Braunfels *451 Main Plaza* New Braunlels.TX 78130*512 625-8501 Member MCorp. MPnCf and FPIC. Present Tax Free Investing Two Public Seminars on Tax Free Bonds: l-anda for $6,000; and larry Er-ckman and Paul Heimann are building three model homes (one will serve as an office I at 1975 IH 35 East for a total of $59,000. Frank Smith is putting up a paint shop at New Braunfels Aero Service for a cost of $70,000; and Barney Heisel and Harrison Construction are working on an office and warehouse at 243 Trade Center Driver for $96,619. laster Edmonson and Harrison Construction are also working on three mmi-storage buildings at 235 Trade Center Drive, for $172,000 Oak Run subdivision is getting an amenity area and comfort station I built by Vermillion Housing I for $20,000 at Oak Run Parkway and Oak. Vermillion Housing also is constructing a temporary guardhouse and information center at Oak Run Parkway and Oak Glen, for $25,000. March had 93 residential additions and alterations, valued at $286,415; three garages and four carports, valued at $20,057; 19 commercial additions and alterations. $508,968 ; 23 structures other than buildings, $176,972. March 1984 saw 21 single family homes started at a value of $1.27 I    Thank you for your support in    I |    the Comal I.S.D. Board of    ^ I    Trustees election.    | I    Clay "Spud" George    | v V    Paid    Political.    Alfred    Syamken,    Jr    Treas    S' Edward O. Jones Cr Ca/ & STAN CUNNINGHAM Afternoon Tea    Evening Dinner Ladies Only    Public Invited 3:30 PM    6:30    PM    , Date: 4-17-85 Time: 6:30 p.m. Place: NBNB Center North 1000 N. Walnut Stan cunmngnam XJmh • Cs. R.S.V.P. Required 629-0055 Edward D. Jones & Co. Stan Cunningham 1000 N. Walnut Suite f New Braunfels, Tx. 78130 million; one duplex, $91,000; one motel, $750,000; and IO new commercial $1.08 million. Here are the 27 single family residents which received building permits in March. The highest-dollar new home is valued at $120,000 and is being built by H & H Construction at 225 Crown Ridge. It’s followed by a $116,200 home at 228 Oak Court built by Harold Bonnett. 1. Adams Classic Homes, 228 Preston Hollow. $102,000. 2. R.C. Taylor, Inc., 1907 Oak Glen, $100,000. 3. Caddell Builders, 221 Oak Court, $72,000. 4. Pete Junca, 22 Amber Arc, $82,000. 5. Jurica Construction, 423 Marymont, $71,900. 6. Roland F Smith. 325 Paisano, $60,000. 7. Harold Bonnett, 228 Oak Court, $116,200 8 Sid Smith Enterprises, 209 Oak Court. $75,000 9. Medna Construction, 65 Ridge Run. $75,000 10. Medna Construction, 371 Crown Ridge, $72,000. 11. Hansmann Construction. 746 Briarbend. $55,000, 12. Hansmann Construction, 1516    Baese, 1026 N. Madeline, $65,000. Pams Path, $55,000.    18.    Vermillion Housing Cor- 13. Michael Flume, 209 FTeston    poration, 16 Timber Point, $100,000. Hollow, $60,000.    19.    Robert West Builders, 1731 14. Michael Flume, 215 Preston    Cypress Rapids, $107,000. Hollow, $55,000.    20.    McDonald Construction, 709 15. Dor-Ed Inc. 354 Paisano, S unshadow, $40,000. $60,000.    21.    Les Edmonson, Northstar Loop, 16. Larry McPeak, by AnJon Inc.,    $80,000. 1627 Allison, $60,000.    22.    Les Edmonson, Northstar Iaop, 17. Felix Roque Jr., by Baese and    $80,000. DESIGN GENESIS- A Full Service Design Firm Announces Its Opening For The Practice OI: LANDSCAPE ARCHITECTURE MASTER PLANNING SITE FEASIBILITY STUDIES URBAN DESIGN PARK DESIGN j. joseph couch, asia 26 Moss Rock New Braunfels, Texas 625-0826 23. las Edmonson, Northstar Loop, $80,000. 24. Robert Hagerman, 1582 Camelia, $60,000. 25. Caddell Builders. 227 Oak Court. $72,000. 26. H & H Construction, 225 Crown Ridge, $120,000. 27. Schmid Investments, by Texas Heritage Construction Inc., 817 Bellaire. $40,000. ;

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