New Braunfels Herald Zeitung, August 11, 2011

New Braunfels Herald Zeitung

August 11, 2011

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Issue date: Thursday, August 11, 2011

Pages available: 13

Previous edition: Wednesday, August 10, 2011

Next edition: Friday, August 12, 2011

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Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

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New Braunfels Herald Zeitung (Newspaper) - August 11, 2011, New Braunfels, Texas BRËT GRAHAM RELEASES CD, READIES LIVE SHOW WEEKEND . 10 BOoNew Braunfels THURSDAY AUGUST 11,2011Herald ^Zeitung herald-zejtung.com    SERVING NEW BRAUNFELS SINGE 1852City eyes 4&«ent tax increase By Greg Bowen The Herald-Zeitunq The proposi^d city budget tor 2011-12 will be presented to New Braunfels City (x)uncil at 4 p.m. Monday. More budget meetings will be at 3 p.m. Tut'sday anfl Thurstlay to give the Counc il the opportunity to retine the $147.7 mi lion proposal. City Manager Mike Morrisijn, the lead man in drafting the spending blueprint, said the proposal is up $25.8 million from the current year's budget. To help fund it, a tax-rate hike of 4.6 cents pi*r $10() valuation is Morrison proposed. It would be the city's first tax-rate increase in half a decade. If the Inc rease is approved, the new tax rate would be AS.5 cents, up from 40.9 cents, which is the second-lowest in Texas among towns of similar size, Morrison said. Under the proposed new rate, the owner of the average-value» $131,1 (X) home would pay $597 a year in city taxes, assuming no exemptions. "Th(’ recommend.ition (to raise the tax rate) d<K‘sn't c ome lightly," said Morrison. The increase» is nt'fdcd for dc'bt payments on prc'viously ap()rov(‘d projects — including the North Trib drainage' proje'ct and the wide'ning c)f VVa well as the growing demands tor police, fire, stree't mainte‘nan(e and othe'r muni< ipal se‘rvi( es in a city that has sc‘<*n its [)()pulation |ump Sii perc ent in the last decade, he said ",As a community we are at a (ritical juncture," Morrison said. "We can no longer mc'e>t those de'mands without additional re'v- nut Avenue — as e>nue.' Walker *■ COMAL ISO Tax hike to go before citizens Board wants to raise l&S rate by 6 cents per $100 By will Wright The Herald-Zeitung (omal ISO's board of trustc'es on Wednesday gave the' go-ahead for setting a public ht'aring and subsequent vote on the 2011-12 budget and tax rate (luring its Aug. 24 mee'ting. [')¡strict offi( iais have rec-ommende'd a $129.4 million budget, along witn a hike in the interc’St and sinking (kS.S) tax rate. A 11 h o ugh board mem-Ix'rs ( )K'd se'f-ting the date' tor putting both issue's up for publie discussion, they have two options when it come'S to se'tting the l&S rate. (omal ISl) superintendent Marc Walker s.iid state law r('(]uires school districts to set its lcS<S, or debt service rate to retire its bonded indc'btedness on time. He said CISD's obligation of $3S.8 million could be met through two c hoices. CISD could raise its current l&S rate from i i cents to i9 cents per $100 assesse'd proi)erty tax valuation, or apply $5 million in livS fund balance to re>duce the burden borne by taxpayers. The distric t used $ 13 million in fund balance to "buy down" the l&S rate for its 2009    and 2010 obligations before the board voted to raise the rate from 27 to 33 cents for 201 1. Walker ci ted tailing taxable values — which amounted to 1 [)e‘rcent in 2010    and 2.5 percent in 2011    — as the ne'C'd for a tax hike. The average taxable value of a residence in (^omal ISn has fallen from $168,476 to $162,626 in the past ye'ar, he said. "It's unfortunate that value's have slipped a little bit, but in order to meet our bond inde4)tedness, we're going to have to raise our tax rate," board president Frank Baker said. "We do have some fund balance on the l&S side, but whether we use that is something the board will have to decide." There was some discussion, but board members voted 6-0 —with board See BOARD, Page 3 NEW BRAUNFELS MAN IN SPOTLIGHT He’s got talent! YouTube com New Braunfels’ Kevin Colis sings “Lazy Song" in this screenshot from Tuesday's “America's Got Talent" episode on NBC, Kevin Colis advances to ‘AGT’ semifinals By Shawn Lewts and Betty Taytor ihe Herald-Zeitung ew Braunfels resident Ke'vin (olis is two songs away from Ix'CDming a millionaire. The singer-song-writer was featured on NBC's "Americ a's Ccjt Talent" on Tuesday night. He pe'r-formt'd "Lazy Song" by Bruno Mars. Ke'vin and his wife Elizabeth Mac- Colls t^ougall-Colis own the tc'en club Harmony Swc't't at 2405 Lifehaus Industrial Drive. They have two daughters, Madison, 16, and Hannah, 12. Follow'ingTue*sday's show, which featurc'd YouTulx' "wild card" artists, [X'ople ac ross the nation voted to move Kevin into the semifinals, where Col is will be will one step away from a shot at $1 million and his own LasVc'gas shcm Only four ac ts, who were announced during Wc'dnesclay's "America's Got Tal-c'nt" episode," were sek'cIc'd for the On the Web ■    Watch Kevin Cotis perform on "America’s Got Talent." http://bit.ly/owHHinh ■    Kevin Coils' Myspace page; myspace.com/kevincollsmusic show's semifinals. "This is amazing," Colis told host Nick Cannon. "I'm overwhelmcKl at all the supfx)rt.... Americ a is blowing my mind/' Llere's what the judges had to say alx)ut his rendition: •    "I think you did great. I think you certainly deserve to Ix' here," Howie Mande'l said. "I think you have gre'at voice and you have a cjuality." •    Piers Morgan said, "I think you've got a gexxl voice.... I think you've got talent. "Who knows? You might be Kvo songs away from a million-dollar talent." •    SharcMT C)sl[x)urrx' adck'd: "Kevin, you've got a really, really great voice — so strong in the high register.... If this is you performing nervous, I nx'an, wait 'til it Ix'comc's second nature to you. Ycki'II Ix' |3he'nonxTial." ('olis faces competition from three others in the male vocalist catc'gorv'. Reacned by phone We'dnesday afternoon, Flizabeth Colts said "America's Got Talent" rules [)ro-hibit Kevin from talking to the press yet. The semifinals, hosted by lerrv Springer, will Ix' airc'd live at 8 p.m. Tuc'sciay from Cac'sar's ftilace in Las Vegas. Tickets for the show range from $39.SO to $99.50, according to Caesa rs Pa I ace. c c >m. New Braunfels' Sue Karger knew something was up when she saw the Gruene water tower ap|^x*ar on the NBC show "America's Got Talent" Tuesday night. That's when C'olis took to the stage singing "Lazy Song." Colis was one of 12 contestants who made it to the finals as part of the six'cial You Tube auditions for the snow. "I think he's grc'at," Karger said. "I had no clue we had sonx'oru' from New Braunfels on there," Viewers were allowed 10 vote's. "I placex:l 10 vote's for him." Cemex agreement means extra cash for city , On the corner of Seguin & Coll St www.firstprotestantrcoms- By Greg Bowen The Herald-Zeitung An extra $275,(XX) |X'r year will go into the Cit)' of New Braunfels' bank account under an agrc'emc'nt inkcHl by city' officials and (x'mex, which ope^r-ate?s a cenx'nt and aggregates operation on 1,4(X) acres we^tof New Braunfels. Centex and the city have had a long-standing industrial develof)-ment agreerhent in place which called for Cemex to make a pay-ment-in-lie'u-oi-taxes of $150,000 to the city annually in return for the city's prorTiise of non-annexation. City Manager Mike Morrison Sciid city' ccouncil late Monday approvtnl a renc'gotiatc'd agrt'ement under a contract provision which allowed new terms to Ix' worked out if C^emex were to make a substantial capital invc'st* ment at its A new prcxiuction line built rcHient-ly at the? Cenx?x site raised fix' firm^ taxable value from $58 million to $296 million aixl sparked renegirtiation talks, Morrisbn said. IJndt'r the riew agrec'ment, Cemex ► ECONOMY Sell-off resumes; Dow sheds 519 points NEW YORK (AP) Back to r('alit\ and ba< k down, Wall Street locused on the bleak landsc.ipe ahead for the e( onomv We‘dnc*sda\ and vvipt'd out its big gains trom day evir* lie'r — and then some. The Dow lones imlustti.il average t losed down 'il‘> ()oints and has now lost more than 2,(X)0 in k'ss than thre'C' wc'i'ks. Swings oi s<>\, -eral hundre'd points in |iist minutes, ac( e'ierated l)v computerized trading, liave bc'( ome ( ommon[)Lu v This tinie, the scihng w.is inte*nsitic‘(l In' vvoriies about Furope. Ameri( <in b.iiik stocks took hiis hecaust investors tre'tted that deir! [)roblems overseas might rc'ach the Unite'd State's. France (.ime undc'r f)r<‘s-surt' amid tonci'rns that it could follow th(> U.S. iind Ik>( ome the next t ountrv to lose its top AAA raling ilie French presich'nt cut his vacation short and promised to slash the natic)n s dt'bts The stocks ol leading banks in Britain, ltal\ .ind Cjerman\ were h.immeri'cl The fear is that it luropean governrix'nts dc'tault on their bonds, it will hurt the Luro pc'an banks that own them. That could start a chain re'ac tion that hurts the' Linit-c'cl States bc'cause large U S. banks have loans to furo-pean banks. The result on Wall Strec't, which alre'ady has economic probk'ms to worry about, w.ts a dramatic turnaround. WEATHER/TO HALEY SIMPSON LONE STAR ELEMENTARY Heat index near 110 High; 104 Low; 77 âiüui................... will pay alx)ut $425,(KX) annually. The contract runs through 2015 and can Ix* reiX'gotiatcHI in 2() 14. As fwrt ()t the agrecTix^t, Solms Rckxl near Cenx'x wil lx> re?l)uilt as a con-crc'te road. Cemex will provide the material aixl e?qui()ment arxl the cit>' will do the pre^paration work. The Icx ai Cemex f)lant is part of a cor|X)ration that is the Unite'd States' largest supf)lier of cenx'nt and readv -mix concre'te, as well as an imp)rtant fxexlucer of aggre'g.ite'S, cotx trte blcxks and other building matc'rials. £lassiñfijk--^.^ - Comics Crosswords Forum ............ Obituaries Planner Spom_____________ TV V. V Voi I-No. 234-; 1 section, 10 pages 56825 00001 50 cents of Nezv Braunfels For breaking news, sports scores, weather, traffic and mid-day updates, follow us on Twitter ONewBraunfelsHZ Learn what’s in tomorrow's paper, offer news tips, receive alerts Become a New Braunfels Herald-Zeitung Facebook fan. Receive the Herald-Zeitung e-newsletter in your e mail box each morning: herald-zeitunQ.com. Click 'Herald-Zeitunfl Mailing List' ;

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