New Braunfels Herald Zeitung, August 4, 1987, Page 4

New Braunfels Herald Zeitung

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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

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New Braunfels Herald Zeitung (Newspaper) - August 4, 1987, New Braunfels, Texas Page 4 Herald-Ze/fung New Braunfels. Texas Tuesday. August 4. 1987 Federal flood insurance agency seeking comments on proposals The Federal Emergency Management Agency gives notice of the proposed determinations of modified base ( HH)-yean flood elevations, in accordance with Section Ut) of the Flood Disaster Protection Act of 1973. which added Section 1383 to the National Flood Insurance Act of 1968 These elevations, together with the floodplain management measures required by Section 60 3 of the program regulations, are the minimum that are required. They should not be construed to mean the community must change any existing ordinances that are more stringent in their floodplain management requirements The community may. at any time, enact stricter requirements on its own. or pursuant to policies established by other federal state or regional entities. These proposed elevations will also be used to calculate the appropriate Hood insurance premium rates for new buildings and their contents and for the second layer of insurance on ex isting buildings and their con tents Technical information or com ments are soliticated on the pro posed modified base (100-year > flood elevations shown on the local preliminary Revised Flood Insurance Rate Map These base flood elevations are the basis for the floodplain management measures that the community is required to either adopt or show evidence of already being in effect in order to qualify or remain qualified for participation in the National Flood Insurance Pro gram The administrator of the Federal Emergency Management Agency said the proposed flood elevation determinations, if promulgated. will not have a signify cant economic impact on a substantial number of small entities. A flood elevation deter mination under Section 1363 forms the basis for new local ordinances. which, if adopted by a local community. will govern future con struction within the floodplain area The elevation determinations, however impose no restriction unless and until the local community voluntarily adopts floodplain ordinances in accord with these elevations Even if or dmances are adopted in com pliance with federal standards, the elevations prescribe how high to build iii the floodplain and do not proscribe development. Thus, the action forms the basis for future local actions, according to the emergency management agency It imposes no new requirement, of itself it has no economic impact, the agency said Proposed base flood elevations along flood sources studied in d e tail a r e s Ii o w n o n t Ii e preliminary revised flood in surance rate mpa Lessees and owners of real property in the unincorporated areas of Comal County are encouraged to review these maps and related materials at the courthouse The flood source studied in detail was the upper reach ut the Guadalupe River, which currentl-ly has a base flood elevation of between 1.013 and I.OI7 feet above ground The proposed elevation in feet is between 1.014 and 1.018 feet Persons w ishing to comment on the proposal should send such in formation to The Honorable .fudge Fred ('lark. Comal County Judge. C omal County Courthouse New Braunfels Texas 78130 Body parts find prompts search AUSTIN (AP) Austin police want to talk to the driver of a 1950s Dodge station wagon who may be a suspect or a witness in the slaying of an unidentified woman whose head and arms were found in a trash bin In addition to releasing a description of the man seen driving the old car. Austin police on Monday releas ed a sketch of the victim “Somebody knows this person Somebody is going to be missing this person." said Sgt Jim Kortan. a homicide investigation supervisor for the Austin Police Department The head and arms were found Saturday in a bag in a trash bin at a 7 Eleven near the University of Texas and not far from downtown Austin The woman was identified as being white. 25-30 vears old. 5 feet. 8 inches Hundreds place bids during FDIC land, subdivision auction WESLACO AP Hundreds of people packed the high school gymnasium for the first halt ot a two-night “back to the community" auction where millions of dollars worth of Rio Grande Valley real estate is up for sale by the Federal Deposit Insurance Corp Properties on the block in the economically bruised area of the state included agricultural land various subdivisions and a truck dealership The Weslaco High School Gymnasium's scoreboard looming behind auctioneer Asa Marshall III Monday night bore a commercial reminiscent of better times with its message “Compliments of the First National Bank of Weslaco Most of the real estate up tor aile tion consists of assets from that bank which failed last year The FDICs Houston office hired the Macon Ga . firm Hudson and Marshall Inc to conduct the trail suctions "They’re out ol Houston, and it ^ going to be hard tot them to manage the properties so they decided to put them up tor auction said \sa Mar shall 1\ son of Monday night s rapid talking master ut ceremonies The auction had a road show at mosphere. with one member of the auction team using a synthesizer to play music that punctuated bidding and filled in lulls between property sales The properties include real estate from South Padre Island to Mission Commercial and agricultural properties and some val ant residential lots were sold Monday night, with other residential real estate to lie auctioned off tonight Senior Bankston won't abandon search for son SISTKKDALK Texas AP A distraught father has not abandoned the search tor his son who helped rest ut other youths before being washed away by the Hood,-a Guadalupe River last month “lie s my son Can t just leave a part of you says John Bankston sr I know a part of him is w it ti the Lord but a part of him is still down here I want to find my son " Bankston and a handful of volunteers have coml**'! the flanks of the Guadalupe looking for John Bankston .lr missing since July 17 when floodwater* swept away a busload of Dallas area church campers returning from the Pot <)’ Gold camp in Comfort The 17-year old was last seen helping others to satel\ during the river s worst flooding in 55 years He was one of 43 people aboard two vehicles from the >e.ignv:!!e Road Baptist Church in Balch Springs The bodies of nun other teen agers were recovered from the river and people were rescued The elder Bankston has been staying at a < omtort hob since the accident searching tor his son e\ cry day Over the weekend tie covered the river bank in sistei dale. 2o miles southeast of the accident site He said Uh tM)dy may have drifted downstream Bankston 7 ot Dallas said finding out his son s tate is essential tor his t anniv s peace of mind funk tH*eii corks tot not worki We had vt memo! ta sere let lot tun. an wasn't there he said He s down there sonic hard going on each da. no! know mg w bet e y ou His w lie. Rosie agreed He is the first thin iii the morning and the last (fling at night It > horrible nightmare Mrs Bankston saki her husband who w mobile home towing m-p. t r Dallas since tilt* accident He is in no condition to work she said IL can t sleep, can t eat A search by the Lex as Department of Public Safety and ttie Texas National Guard .i~ <. ailed oft July 25 by Ken dab County Judge Garland Perry who said officials had done sill they could But t tit* Bankstons wf o have two other children a lo year old son and a to year old daughter refuse* to give up They search the area (rom morning until nightfall helped tiy volunteers from Dallas and the ( omtort at e.! I don t understand why they found nine of them and still can't find him Bankston said There may come a tune when \ou have to stop although '* - real hard to stop I dont w .int people to foi gel that lies out there t HK* alist* I wont huge’ Mrs Bankston said I a!wa\> hope that tie got knm Red out and that fit* has amnesia and that rnav tie tie *» still advt* somewheie Taking welfare programs into account nation's poor may total under IO percent WASHINGTON \P The 13 6 percent national poverty rate reported last week was an improvement but the actual share of Americans living in poverty n y lie even lower titan indicated The official statistics are based on family income But many government programs provide assistance that isn t in the torm of cash and therefore isn’t counted alien poverty is calculated It benefits such as food stamps. .Medicare and subside cd housing were included the national pover ty rate could drop as low as 9 percent according to alternat iv t calculations by the ( emus Bureau “We are now in a position where almost two thirds ut all means tested benefits are in non cash form, and yet they are not included in the official estimates of povei ty." reported Gordon W Green Jr the bureau’s assis taut chief for socioeconomic statistics These means tested benefits, which are distributed to people based on their income totaled just over > y billion last year, based (iii what it would have cost to purchase those goods and services in the marketplace By comparison government cash benefits for in dividuais and families totaled about $32 billion I fu se in eluded Aid to Families with Dependent ( hildren genet al assistance Supplemental Security Income and some veterans programs The non cash benefits include food stamps free and reduced price school lunches public and subsidized huus mg programs and Medicaid In addition Medicare con tributed nearly $76 billion, although it is not means tested Green cautioned th.it these estimates are experimen tai, however He said attempts to set a \ ahu* on non cash benefits and use that figure in calculating poverty rates have draw ii criticism in recent years “While ihe non cash poverty measures are useful in to 5 feet. IO inches tall and weighing about 150 pounds She had short dark hair and greenish eyes, police said “At this point we have no solid leads We’re getting stuff from peo pie who might have seen something and we’re checking it out At this time nothing is panning out." said Sgt Don Bredi, an investigator on the case He said a faded red station wagon, probably a 1956 Dodge, was seen Saturday morning about four hours before the body parts were found “We don't know at this point if he is a witness or a suspect We d just like to talk to him." Kortan said of the driver seen in the station wagon The driver was described as a white male in his mid 40s with about two days growth of beard The investigators said local miss mg persons’ reports have y ielded no clues to the woman’s identity Her fingerprints are being checked na bonally. Kortan said Kortan said the woman apparently was not a transient or "street per son." Travis County Medical Examiner Robert Bay ordo said the woman had suffered numerous stat) wounds to her hands and arms, apparently from trying to defend herself from an attacker Ile said the wounds were made by a it inch blade and the same blade was used to cut oft her head and arms Bayardo said he docs not think tin woman’s head and arms were cut off to torture or ktll her. hut rather just to get rid of the body When Arnold Merrtman left A1 center and William Lassig hired or United States Postal Service the pay an hour arid the station employed 2 There were five city routes two rur one Star route and the postage rate Ac cents tor first class mail and it cost „ nnt to mat! a post ard Upor the retire the three this year New Braunfels sta REPORT OF CONDITION Consolidating donas' and tor**ig! s t Mug how i with the was S’ 0* 7 people a routes 87 workers par three de. adet routes and tov atter 35 year* Braunfels Mu New Braunfels mg lompietio* um^rs Photo t I consider » dgo 23 c jr Star route with ’he • chow has 33 > white las* i of the app< Iy more than wag1 ty route* ’3 S Merrirn<jp r* ho jer vI * -    13 i' Ne years on the -et bg has been e"Si in five s’ate O’ pubiis’ **d in tm Charts” humt** Rescue Thousands or dollars V/5 a wan ** providing consistent measures ot poverty trends since I97‘i, the measures are ut questionable v alue in deterinin mg the number of people who are poor commented Robert (ireensteiii director ot the private Center on Budget and Policy Hi mrities While Congress directed the bureau to find way*- to calculate the value of non cash tienetit- no proposal has been made to change the otticial poverty estimates and Green stressed that Hits work is expected to remain ex pioratory tor several years He noted that the calculations have been modified this Near following a conference of statistical experts who were critical of some of the f igures reported in the past For 1986 counting non cash benefits as income reduces the share of Americans in poverty from !3 6 percent to between 9 percent and 12 > percent depending on how the cost of the benefits is calculated, Green reported That means that instead of 32 4 million people living Indow the pov erty line the estimate w ould range I rom 21 4 million to 29 8 million Including Hie value of these t>enetits as income lias much greater effect on the elderly than on the general population. Green added reducing their poverty rate I rom 12 4 percent to only 3 percent Counting non cash l>enefits as income has significant effects on poverty rates for other groups as well By race. the 11.0 percent white poverty rate would be cut to between 7 4 percent and 10 5 percent by the new calculations The decline for blacks would tx* from ti I percent to tx-tween 19 8 percent and 28 6 percent And Hispanics would fall from 27 3 percent in poverty to fwd ween 18 7 percent and 26 2 percent The 38 3 percent poverty rate of families headed by a woman with no husband present would Im reduced to Ind ween 23 5 percent and 34 2 percent N< ' ’eresf * **,t’ ’ } ba .»'■ »■-- .1 * lriterestbeaf eg ba rn* es -*n u<tl»es fedora ’ands sold <if*J set unites pure has of th* t an* .md cd is Edge v I Ag*eeri loans arid ease financing lecetvaf es Loans and leases net of joe am** J rice LESS Allowance *o> oan and ♦* » .»• os LESS Allocated banate’ os* es***.e Loans and leases • et of .mean *■ J Assets he d in trading ,» ounts Premises and f>«ed assets (MX ,di' j tP'ta vt* I **a Ofn#r 'ea estate owned investments to unconsolidated subSid aries and ass ( Si Owners ■ ability to tn.s ta * *n a el *,e es • intangible assets Off e» assets Total asses Deb sits if domestic offices Nonmfe’est Dear ag interest bearing , I.    a* t I a* I A rnement suf-s •)•■ EZ~I——j IB) H ‘pan*#* Et E Noninterest bearing interest bearing Federal funds purchased and seconds sold under agreements to repurchase rn domes?, off'’ es of the ban* and of ifs Edge and Agreement subsidiaries and rn IBF s Demand notes issued to the U S Treasury Other borrowed mon*, Mortgage indebtedness and obligations under capitaled teases Bank s liability on acceptances executed and outstanding Notes and debentures subordinated to deposits Other liabilities Total habitues brnited-life preferred stock Perpetual preferred sloe* Common stock Surplus Undivided profits and capital reserves Cumulative foreign currency translation adjustments Total equity capital Total liabilities limited-life preferred stock and equity capital We lh* undersigned directors attest to the correctness Ot this statement cg resources and liabilities We declare that it has beer) examined by us and to the best of our xnu#neoge be e' has been prepared in conformance with the true eons and <s true and cor»«Jf ..< ivfdj± CAJJ ii _ t i van Pxecut ivt* Vic rrt* ’re* of the above-named bare do hereby deciare that this Met* * Of Condition •$ true and correct to the best of my knowledge and belief Directors I I)    / ‘    i {'I    I ^ Jj/v 28, 1987    / Postal retirees ;

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