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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 01, 2002
Page
1
Gazette columnist Mike Haas tours New Orleans profiling Bourbon Street sights and the city’s unique sports culture in a lively transit through decadence and the bizarre.
Gov. Tom Vilsack and Republican leaders aim for a pact next week to cover a $61 million Medicaid shortfall. The looming agreement could shape state health funding and legislative action.
The RoughRiders improved their defensive play with stronger stick work and shot blocking. In outdoors news, Thad Takes wins the final Cedar Rapids Bassmasters tournament using light tackle and finesse techniques.
Unknown alcohol origin linked to four Edgewood-Colesburg students deaths leaves investigators without a confirmed source. Details, 2B. Martha Stewart shares tips on growing citrus trees in containers in CLASSIFIED.
Aboard a Super Bowl party theme, a board game tests 35 years of event trivia. Includes sports fans and party hosts seeking playful competition and fun during game day.
Cedar Rapids based McLeodUSA Inc filed for Chapter 11 in Delaware after reaching a bondholder committee accord to erase about 3 billion dollars of debt. The plan keeps 3,000 Cedar Rapids employees, aims to emerge by Q2, and affects only the parent with subsidiaries excluded. The ad hoc bondholder group covers 23 percent of bonds and offers 670 million in cash and 175 million in new preferred stock plus warrants.
Gray says the U S Bankruptcy Court in Delaware will look for 664s percent of bond value and 50 percent of voters to approve. He adds the offer is compelling and in the best interests of all constituencies. Need broad support and judge approval. Turn to 7A: McLeodUSA.
Cedar Rapids lawmakers push a 3 percent cap on the city’s portion of residential property taxes while cutting requests for new vehicles across departments. Finance Commissioner Lyle Hanson favors keeping the fleet through repairs over layoffs as streets crews face ongoing fleet strain amid ice and snow. Mayor Paul Pate notes duct tape and rubber bands as improvised fixes.
Defense Secretary Donald Rumsfeld warned of potential surprise attacks far deadlier than September 11 as the Bush administration sought support for a 2008 defense budget increase. He cited cyberattacks base assaults and ballistic strikes on cities while FBI and CIA reports indicated al Qaida interest in critical infrastructure. The Palo nuclear plant near Cedar Rapids and the Duane Arnold center were noted as high alert with plans to respond quickly if attacked.
Cedar Rapids residents gathered at the National Czech & Slovak Museum to discuss a city wide Vision Iowa plan. Ed Freer of Smith Group JJR urged big ideas without details while audience proposals covered a downtown stadium parks shopping districts and a multi use complex. Local planning leaders highlighted the effort as the first step in a yearlong campaign to shape future funding.
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