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New Braunfels Herald-Zeitung (Newspaper) - August 10, 2005, New Braunfels, Texas AUGUST CANYON LAKE TIME TO BAKE Marilyn Bush didnt learn to cook until she was but shes making up for lost time Page 5A SPORTS ACES WILD Local junior golfers battle for the city junior championship at Landa Park Golf Page 6A Serving New Braunfels and Comal County since 225 16 2 sections CLICK 5OO i chance of rain High Low 97 73 Details 2B DEAR ABBY 41 CLASSIFIEDS M COMICS 31 CROSSWORD M FORUM 4A OBITUARIES SPORTS 6A TV GRIDS 41 Taxpayers could pony up for civic center By Leigh Jones StaffWriter Newj Braunfelsers could end up helping pay for the citys civic center expansion project after TAVO weeks after saying they want ed to spend less money on the city council voted to sign a million contract with RVK Company representative Ken Rehler previously said he could give the city what it wanted in the project for the total amount already raised through Hotel Occu pancy Tax funds and a contribution from the Industrial Development Corporation 4B But during Mondays Councilwoman Valerie Hull was the only member who wanted to hold him to Her motion to cap the expenses at million died for lack of a sec and Hull was the only coun cilmember to vote against giving RVK more money for the Although Rehler offered to provide the city three options for a final cost million and million Hull said the city should authorize only what it actually See Page 3A A COSTLY OUTLOOK interest rate 1 1 jtyke likely impact everyone By Ron Maloney StaffWriter Federal Reserve Chairman Alan Greenspan made good Tuesday on his July promise to raise est increasing the shortterm rate banks charge each other by a quarter point to its highest level in four The move to raise the federal funds rate to percent is widely attempt rein in inflation and is not considered by ecoripjnists as cause for Economic as measured by the gross domestic came in at a solid percent in the AprilJune and many analysts believe the GDP is expanding at a pace above 4 per cent in the current The solid growth helped the economy create jobs in the best showing in three The federal fund rate has increased after each of the Feds last 10 conducted each six weeks or And with Tues days some major lending institutions announced they would kick their prime inter est rate the rate charged their best customers up a correspon ding quarter point to could affect buying shortterm or revolving loan acctJunts such as credit home loan borrow ers whose mortgages come up for recalculation in the coming couple of can expect to see the FED RATE MOVES The Feds target or the fed funds a key overnight lending Photos by DAVID Illustration by MARK from construction workers Julio Vicente Emilio Julio Suarez apply a coat of stucco to a new home under construction in the Providence Place subdivi sion off South Walnut AvenueTuesday a graphic showing the federal fund rate in recent increase passed on in their month ly But dont If construction noises are keeping you awake in your they arent likely to stop anytime Economists dont believe mort gage rates will rocket A 30year now per could rise to percent by December and percent by the summer of still a historically low level for home mortgage Realtor Lee Edwards of Lee Edwards Realty in New Braunfels said Tuesday interest rates for mortgages remain very even with the See Page 8A Stipnieks files to run for NBISD seat By Leigh Jones StaffWriter Former New Braunfels Independent School District administrator Anita Stip nieks hopes to replace Lee Edwards on the school Stipnieks filed her elec tion paperwork one day after Edwards announced his intention not to seek I would like to see New Braunfels at the top of the heap in employee morale test she explaining her motivation for joining the I want to make sure all our resources work If she is elected Stip nieks will have no trouble getting ac quainted with school board busi Ive been at tending school board meetings for about 18 months ever since they decided to change the tax she Anita Stipnieks Before joining NBISD in the 1980s as a curriculum Stipnieks was an elementary school princi pal in Austin She left New Braunfels after 14 years to work as an assistant superintendent in near If Stipnieks is it will be her first experience serving in public but she will not come to the table without ideas for the districts The board should focus more on students vis iting classrooms and seeing what goes on at the cam she Then we need to make sure there is more respon siveness to parents at all lev els of the Our response to a problem needs to be Stipnieks also said she hoped to bring more atten tion to the districts Texas See Page 3A Comal trustees set school plan for bond election By Ron Maloney StaffWriter Comal Independent School District trustees told consulting architects Tues day night how large theyd like to see future schools built to deal with expected The board voted 51 to tell its consultants it would philosophically like to see ele mentary schools designed to accommo date 824 students middle schools con structed for pupils and high schools planned around Trustee Charles Burt voted against a motion by Laura Kistner seconded by Bill saying he would like to see smaller schools in spite of the districts Its our responsibility new capacity before it gets to be a Swint During the third in a series of workshop the board worked to develop a Construction plan to meet its needs for the next four or five years and a vision for the next decade with an eye toward a likely bond election in coming With the construction of the Canyon Lake High School under way toward an anticipated 2007 no new high See Page 3A COMING THURSDAY On the road New Braunfels National Guard unit deploys to Romania for UPDATES Tracking the news Will Valentine run LAST WE KNEW Lynn Limmer resigned from city council and the city set a spe cial election LATEST Former Councilman Ken Valentine announcedTuesday in an email newslet ter that he intended to run for the seat he previously I am planning on running again for the District 6 Council seat and I need your he wrote to his sub The question is Do you want me to represent you on City Council NEXT Valentine will host a town hall meeting at today at the New Braunfels Public GIS map to be explained LAST WE KNEW Comal County Engineer Tom Hornseths Web added a Geographic Information Sys tem mapping LATEST Designer Eric Gibson announced workshops using the new system would be conducted at 6 today and Friday in the commissioners courtroom at 199 Main
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