Tuesday, August 4, 1987

New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Page: 4

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Text Content of Page 4 of New Braunfels Herald Zeitung on Tuesday, August 4, 1987

New Braunfels Herald-Zeitung (Newspaper) - August 4, 1987, New Braunfels, Texas f texas Audujyj 981 Federal flood insurance agency seeking comments on proposals The Federal Emergency Management Agency gives notice of the proposed determinations of modified base 100year flood in accordance with Section llo of the Flood Disaster Act of which add ed Section 1363 to the National Flood insurance Act of These together with the floodpiain management measures required by Section of the program are the minimum that are They should not be construed to mean the community must change any existing ordinances that are more stringent in their floodpiain management re The community at any enact stricter re quirements on its or pur suant to policies established by other state or regional en These proposed elevations will also be used to calculate the ap propriate flood insurance premium rates for new buildings and their contents and for the se cond layer of insurance on ex isting buildings and their con Technical information or com ments afe soiittcated OH the pro posed modified base 100year flood elevations shown on the local preliminary tteVised Flood In surance Rate These base flood elevations are the basis for the floodpiain 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 The administrator of the Federal Emergency Management Agency said the proposed flood elevation if pro will not have a signifi cant economic impact on a substantial number of small en A flood elevation deter mination under Section 1363 forms the basis for new local if adopted by a local com will govern future con struction within the floodpiain The elevation impose no restriction unless and until the local com munity voluntarily adopts floodpiain ordinances in accord with these Even if or dinances are adopted in com pliance with federal the elevations prescribe how high to build in the floodpiain and do not proscribe the action forms the basis for future local according to the emergency management It imposes no new re quirement of itself it has no economic the agency Proposed base flood elevations along flood sources studied in detail are shown on the preliminary revised flood in surance rate Lessees and owners of real property in the unincorporated areas of Comal County are encouraged to review these maps and related materials at the The flood source studied in detail was the Upper reach of the Guadalupe which currentl ly has a base flood elevation of between and feet above The proposed elevation in feet is between and Persons wishing to comment on the proposal should send such in formation to The Honorable Judge Fred Comal County Comal County New Texas Body parts find prompts soareh AUSTIN AP Austin police want to talk to the driver of a 1930s bodge station wagon who may be a suspect of a Witness in the slaying of an unidentified woman whose head and arms were found in a trash in addition to releasing a descrip tion of the man seen driving the old Austin police on Monday releas ed a sketch of the Somebody knows this Somebody is going to be missing this said Jim a homicide investigation supervisor for the Austin Police 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 The woman was identified as being 2530 years 5 8 inches Hundreds place bids during FDIC subdivision auction WESLACO AP Hundreds of people packed the high school gym nasium for the first half of a two night back to the community auc tion where millions of dollars worth of Rio Grande Valley real estate is up for sale by the Federal Deposit In surance Properties on the block in the economically bruised area of the state included agricultural various subdivisions and a truck The Weslaco High School Gym nasiums 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 Most of the real estate up for auc tion consists of assets from that which failed last The FDICs Houston office hired the Hudson and Marshall to conduct the tran Theyre out of and its going to be hard for them to manage the so they decided to put them up for said Asa Mar shall son of Monday nights rapid talking master of The auction had a roadshow at with one member of the auction team using a synthesizer to play music that punctuated bidding and filled in lulls between properly The properties include real estate from South Padre Island to Commercial and agricultural pro perties and some vacant residential lots were sold Monday with other residential real estate to be auctioned off Senior Bankston wont abandon search for son Texas AP A distraught father has not abandoned the search for his who helped rescue other youths before being washed away by the flooded Guadalupe River last Hes my Cant just leave a part of says John Bankston I know a part of him is with the but a part of him is still down I want to find my Bankston and a handful of volunteers have combed the banks of the Guadalupe looking for John Bankston missing since July 17 when floodwaters swept away a busload of Dallasarea church campers returning from the Pot 0 Gold camp in The 17yearold was last seen helping others to safety during the rivers worst flooding in 55 He was one of 43 people aboard two vehicles from the Seagoville Road Baptist Church in Balch The bodies of nine other teenagers were recovered from the river and 33 people were The elder Bankston has been staying at a Comfort hotel since the searching for his son every Over the he covered the river bank in Sister 20 miles southeast of the accident He said the body may have drifted of said finding out his sons fate is essential for his familvs peace of Taking welfare programs into nations poor may total under 10 percent WASHINGTON AP The percent national poverty rate reported last week was an but the actual share of Americans living in poverty may be even lower than The official statistics are based on family But many government programs provide assistance that isnt in the form of and therefore isnt counted when poverty is If benefits such as food Medicare and subsidiz ed housing were the national poverty rate could drop as low as 9 according to alternative calculations by the Census We are now in a position where almost twothirds of all meanstested benefits are in noncash and yet they are not included in the official estimates of pover reported Gordon Green the bureaus assis tant chief for socioeconomic These meanstested which are distributed to people based on their totaled just over billion based on what it would have cost to purchase those goods and services in the By government cash benefits for in dividuals and families totaled about These in cluded Aid to Families with Dependent general Supplemental Security Income and some veterans noncash benefits include food free and rejucedprice school public and subsidized hous ing programs and In Medicare con tributed nearly although it is not means Green cautioned that these estimates are experimen He said attempts to set a value on noncash benefits and use that figure in calculating poverty rates drawn criticism in recent the noncash poverty measures are useful in ts 5 10 inches tali and weighing about 150 she had short dark hair and greenish police At this point we have ho solid Were getting stuff from peo ple who niight have seen something and were cheeking it At this time nothing is panning said Don an investigator on the He said a faded red station probably a 1956 was seen Saturday morning about four hours before the body parts were We dont know at this point if he is a witness or a Wed just like to talk to Kortan said of the driver seen in the station The driver was described as a white male in his mid40s with about two days growth of the investigators said local miss ing persons reports have yielded no cities to the womans Her fingerprints afe being checked na Kortah Kortan said the woman apparently was not a transient or street per Travis County Medical Examiner Robert Bayardo said the woman had suffered numerous stab wounds to her hands and apparently from trying to defend herself from an He said the Wounds were made by a 3inch and the same blade was used lo cut off her head and Bayardo said he does not think the womans head and arms were cut off to torture or kill but rather just to get rid of the Postal retirees We had a memorial service for and his body wasnt he Hes down there Its hard going on each day not knowing where your son His agreed He is the first thing 1 think of in the morning and the last thing at Its just been a horrible Bankston said her who works for a mobile home towing service in has not worked since the He is in no condition to she He cant cant A search by the Texas Department of Public Safety and the Texas National Guard was called off July 25 by Ken dall County Judge Garland who said officials had done all they But the Bankstons who have two other a 10 yearold son and a 19yearold daughter refuse to give They search the area from morning until helped by volunteers from Dallas and the Comfort 1 dont understand why they found nine of them and still cant find Bankston There may come a lime when you have lo although its real hard to I dont want people lo forget thai hes oul because 1 wont Bankston I always hope that he got knocked out and thai he has amnesia and that maybe hes still alive When Arnold Al and William Lassig hired on with the United States Postal the pay was an hour and the station employed 37 There were five city two rural one Star route and the postage rate was three cents for first class mail and it cost one red cent to mail a Upon the retirement of the three this New Braunfels station has 87 workers paid considerably more than wages three decades 23 city 13 rural routes and four Star Merriman retires after 35 years with the 13 in New Braunfels Muchow has 33 years on the job in New while Lassig has been ensur ing completion of the appointed rounds tor 38 Photo by Oeryl Clark REPORT OF CONDITION Consolidating domestic and loreign subsidiaries of the Texas Commerce BankNew New Braunf ol s Texas at the close ol business June 30 In the state ol published in response to call made by Comptroller ot the under title United Stales Section 161 rv K1 eventn Charier Comptroller ol the Currency providing consistent measures ot poverty trends since the measures are of questionable value in determin ing the number of people who are commented Robert direclor of Ihe private Center on Budget and Policy While Congress directed the bureau to find ways lo calculale Ihe value of noncash no proposal has been made lo change Ihe official poverty estimales and Green stressed that this work is expected lo remain ex ploralory tor several He noted that the calculations have been modified this following a conference of statistical experts who were crilical of some of the figures reported in the For counting noncash benefits as income reduces the share of Americans in poverty from percent to between 9 percent and percent depending on how the cost of the benefits is Green That means that instead of million people living below Ihe poverty the estimale would range from 21A million lo Including Ihe value of these benefits as income has much greater effect on the elderly than on the general Green reducing their poverty rate from percent to only 3 Counting noncash benefits as income has significant effects on poverty rates for other groups as By the percent white poverty rate would be cut to between percent and percent by the new The decline for blacks would be from percent to between percent and And Hispanies would fall from percent in poverty to bet ween percent and The percent poverty rate of families headed by a woman with no husband present would be reduced to bet ween percent and Statement of Resources and Liabilities Cash and balances due horn depository institutions Noninterestbearing balances and currency and coin Interestbearing balances Securities Federal funds sold and securities purchased under agreements to resell in domestic offices ol the Dank and ol its Edge and Agreement and in IBFs Loans and lease financing receivables Loans and net ot unearned income LESS Allowance or loan and lease losses LESS Allocated transfer risk reserve Loans and net of unearned and reserve Assets held in trading accounts Premises and fixed assets including capitalized leases Other real estate owned Investments in unconsolidaled subsidiaries and associated companies Customers liability to this bank on acceptances outstanding Intangible assets Other assets Total assets Deposits In domestic offices Noninterestbearing Interestbearing in foreign Edge and Agreement subsidiaries and IBFs Noninterestbearmg Interestbearing Federal funds purchased and securities sold under agreements to repurchase in domestic offices of the bank and of its Edge and Aflreement and in IBFs Demand notes issued to the US Other borrowed Mortgage indebtedness and obligations under capitalized leases Banks liability on acceptances executed and outstanding Notes and debentures subordinated to Other liabilities Total Limitedlife preferred Perpetual preferred Common Undivided profits and capital Cumulative foreign currency translation adjustments Total equity Total limitedlife preferred and equity capital Thousands of None None None None 550 None m None None None the undersigned attest to the correctness ol this statement of resources and We declare that it hasjeen examined by and to the best of our Knowledge has been prepared in with the and is true and Joseph Executive Vice President Cashier ol abovenamed do hereby declare that this Report of Condition true and correct to the best ol my Knowledge 1987 y QM