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New Braunfels Herald-Zeitung (Newspaper) - December 16, 1994, New Braunfels, Texas FRIDAY Special holiday events on tap this weekend at area churches See 50 CENTS COUNTDOWN 90 DAYS NewBraunfete Sesqu centennial March New Braunfels Herald mmiCm CUU MO 1 6 PASO TX 79903 18 pages in two sections Friday Dec Serving Cornel County for more than 143 years Home of TOM KIE3UNO Vd 143 No 25 Inside Church 7A Sports Christmas The Stammtisch Birthday wishes from the HeraldZeftungl The New Braunfels Herald Zeitung extends the following birthday wishes to Patti West brook Christine Noel Martinez Amanda Madrano Marie Dawson Randy Clasen Shana Mendez 10 years Myra Dodson Burton Franke Jean Hargrove Milda Hill Virginia Ikels Gertrude Koepp Katy Siegmund Jo Tolle Edward Campos Adela Ibarra Melanie Schulze Jack Bishop John F Kelly Donations to HZ Cheer Fund continue Area citizens have begun to submit donations to the Herald Zeitungs annual Cheer Fund campaign which provides food to needy local families for the Christmas holidays Anyone wishing to donate can do so in person by coming by the HeraldZettung office at 707 Landa or call Cheer Fund Director Carol Ann Avery at 6259144 Volunteers for food delivery are needed Avery said Anyone wishing to sign up for delivery can do so by calling Avery Todays donations include Annonymous WHA Company Mr Mrs Leonard Ernest Bertha Stowe Texas Laureate Upsilon Chapter of Beta Sigma Phi Al Jutta Dreyer Annonymous 11 Second grade classes at Memorial Elementary Citys Christmas tree recycling begins Dec 26 The city of New Braunfels and New Braunfels Utilities will be sponsoring the 8th annual Christ mas tree recycling program in Landa Park beginning Dec 26 An area in the swimming pool parking lot will be designated as the site to receive the trees Approximately trees were converted to mulch last Christ mas Approximately trees have been mulched during the last seven years Nails and other metal fasteners should be removed from the trees officials said The program is used to promote water conservation within the area The mulch is available free to residents United Way kudos Congratulations to Victoria BjnKftTruft Branch employees who donated under the lead ership of Suatn Collins This rep resents an average employee gift of for the United Way cam paign the year This newspaper printed on recycled newsprint Bad weather mishaps go together I HealdZoitung photos by MICHAEL DARNALL Top photo An truck and trailer carrying furniture slid out of control yesterday on 135 north of New Braunfels near the Kohlenburg Road exit DPS officials said slick wet pavement was probably to blame for the mishap which left no one Injured Above left photo Some of the furniture carried Inside the traitor fell out of the back end and on to the side of the road Above right photo This morning a Borden truck carrying dairy products tumbled over on Its side on 135 near the FM1103 exit south of New Braunfels DPS officials said bad driving con ditions were partially to blame but unsure of other circumstances which may have caused the turnover No Injuries were reported from the mishap Comal ISD bails out of TexPool Small amount left in account to keep it open official says By CRAIG HAMMETT Staff Writer Draining the pool About million was with drawn from the fund Thursday alone against million In deposits leaving a billion balance The pool stood at billion a week ago TexPool which had been pay ing yields of less than 5 percent had improved to percent by Thursday TexPool run by the state for local Texas governments has dwindled to less than half its size during the past week Source AR The Comal Independent School District pulled all but of its funds out of the beleaguered TexPool investment fund said Finance Director Abel Campos Thursday i Campos said the amount remains in order to keep the account open after the district took roughly million of the remaining funds out of the pool We have to go back to money markets for the shortterm said Campos He added he would pre fer to have kept some money in both TexPool and private investment firms as the district board had allowed him to start doing several months ago Campos liked the short term TexPool investments because they were backed by the good faith of the state Several years ago state auditors convinced many government entities to invest in the pool to help them receive better rates There are no such guarantees in private he said really rely on the skill of the Many investors were able to receive higher dividends in the pri vate sector outside TexPool especially on shortterm invest ments although riskier Campos told the board however he was restricted by law in the types of investments he could make and that all school funds were backed by the federal government TexPool investors rushed to pull money out of the pool when an article in the Wall Street Journal compared some TexPool practices to that of a California county that declared bankruptcy The practices investments called derivatives accounted for only two percent of TexPools accounts however Given the nature of the investment world Campos thought it best to keep a minimal amount in the fund in order it remain open Who knows what will happen by next he said Comal ISD close to announcing new school site By CRAIQ HAMMETT Staff Writer Officials are very close to naming a site for the new intermediate school in the western section of the Comal Independent School District Board members approved by a 52 vote Dou glas Kirk Thomas Bruce opposed a site for the new campus What remains now is the signing of the contract A cautious Scott Watson chairman of the site selection committee refused to identify the details although the land is listed as the William Haas Survey Plat 280 I cannot identify the site and cost at this said Watson The next step is to legalize the contracts It could be as early as before the end of the Christmas Watson said he was relieved the process seemed to be near completion This was a unanimous choice of the site selec tion he said Two other sites for intermediate schools one in Saltier and the other in New Braunfels were chosen several month ago on land already owned by the district Negotiations for the western site have been slowed through dealings with private landowners In a move to prevent such a stall in the future board members unanimously approved a motion to allow the CISD administration to negotiate for purchase of land for possible future growth Superintendent Jerry Major said the district had no definite sites but only wanted to starting planning new to avoid problems such as those found in try ing to find the current intermediate school site Thats said Dr Major All of our cam puses are in a growth going to crank up the Long Range Planning Committee and start looking at The New Braunfels Independent School Dis trict several years ago purchased land for possible future growth With the recent passage of a bond package that site can now be used for a new elementary scheduled in the Memorial Elemen tary area for 1997 Dr Major said land in the county currently can rate anywhere from to an acre The CISD hopes to buy now and avoid paying later Who knows in ten years that could be an he said County grants abatements By CRAIQ HAMMETT Staff Writer In what has become an increasing item on the Commissioners Court agenda tax abatements for companies moving to Comal County were dis cussed Thursday Two groups of business associates Lightning Metal Specialists Papson and Carowest LtdVNytex wen seeking tax abatements before the court Michael Meek of the New Braunfels Chamber of Commerce said Lightning Metal Specialists a company baaed out of Chicago makes highquali ty sheet metal the computer industry With the Jacobson company which plastics for the computer industry and was given an abatement earlier they now can work back to the city earlier The Lightning Metal son abatement includes a nineyear plan 80 percent the first three 60 the next and 30 the final three which moves into the old Islin Plant receives a tenyear plan 90 the first four 75 the next three and 30 the final three Abatement agreements follow guidelines setupby an Econmic Development Council consisting of city county school and utitility officials They fol low a point system based on the amount of invest ment and jobs a company adds or brings in Although county has given several abate ments OT agreements m reduction of taxes over the past few months questions arose over the division of personal and real property One such as the landowner owns the land building and any pcr manentfixiurw cereal property A pie would own the personal ptoperty such as equip the tax rolls and 40 new jobs gave aUterncote to both groups as did County Attorney Nathan Rheinlander said it would be ijnportant that each party have a separate abatement in these cases photo by MICHAEL DARMALL A toast to Pf euff er Moorhead Retiring 207 Judflfflobert T Pteuffer left court reporter Don Moorhtad right wijoy thtmMJvtt at rttirtmant purty told In honor tact night 4udgt South CMitrtl Ttxu region worKM togfthw In tht 207th court for 21 yturo vWUng Judgt pnnkUnf ovw In tht Only 8 more shopping days until Christmas Shop New Braunfels First
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