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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 24, 1985
Page
11
Wind direction and velocity at 10 p m indicate light air. Sun sets at 5 11 p m and rises Friday at 7 26 a m with no precipitation. Extended forecast shows teens and 20s highs and 0 to 15 lows through Monday with no significant snowfall. Area water levels list Coralville Lake and Cedar River readings.
National temperature report lists a low of 22 degrees at Laramie Wyoming and a high of 69 degrees at Monrovia California for Wednesday.
A cold wave drives record lows in South Carolina and Florida while Georgia and North Carolina tie, with readings from 13 to 40 degrees. Florida’s citrus crop, valued up to 2.5 billion wholesale, sustains damage as snow blankets Michigan, the Ohio Valley, and northern Appalachia. travel hampered by blowing snow. A low pressure system along the Arizona border brings rain to the southern Plateau, then snow at higher elevations, including up to a foot in the Grand Canyon region and 2 inches in Flagstaff.
Iowa lawmakers weigh tax breaks for a Saturn plant in Cedar Rapids with a 6000 job plant and up to 9000 total by related industries. Avenson pushes repealing machinery tax and flexible incentives while noting costs of 30 to 60 million yearly. Cedar Rapids touts water capacity and regional benefits to Oelwein, Vinton, Marshalltown as GM eyes the midwest site.
Bankers including Dunlap propose funding plans to back a proposed moratorium remedy. They consider a check-off on commodity sales, a penny to the sales tax, or drawing from the Iowa Public Employees Retirement System with an expected capital need up to 200 million dollars. A voluntary moratorium system is offered to permit five year land custody and potential redemption, plus a window for foreign and out of state corporate ownership to steady land values.
Economists warn inflation calm will persist into 1985 amid slow 1984 expansion. They note 7.2 percent unemployment and ample labor supply, with energy and housing prices stabilizing and CPI rises forecast near 3 percent. The Commerce Dept reports 1984 inflation at 3.7 percent.
In Council Bluffs Iowa anger rose over Judge Paul Sulhoff's decision to lower Rudy Hickman's bail to 10000 and allow a signature bond for a second degree sexual abuse case involving a 9 year old girl. Hickman failed to appear for trial prompting officials to question the bail ruling and a local group Parents On Patrol condemned the release. Westfall said Hickman had parole violations in Arkansas and lacked ties to Iowa making the decision risky.
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