29 Nov 1988
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 29, 1988
Page
1
A light humor item jokes that reading names on perfume bottles reveals virtue does not always make scents. The quip Playfully notes branded scents as a cheeky gauge of character in a local humor column.
The Cedar Rapids Airport will add a $2 million expansion including a public observation area and a free standing administration building. The plan doubles the holding area length with a glass wall view of the runway, but restricts access to ticketed passengers only. Groundwork discussed as commission aims to move quickly though no timetable is set.
Arab nations demand the General Assembly meet in Geneva so Yasser Arafat can speak unless the United States reverses its visa denial within 48 hours. U N legal counsel says Washington violates the 1947 Headquar ters Agreement by blocking the PLO chief's entry.
Major U S banks increased the prime lending rate by half a point to 10.5 percent effective immediately. Chase Manhattan led the move with Citi Bank Chemical Bank Manufacturers Hanover and others following. The Dow fell slightly as markets remained restrained amid expectations of further rate rises.
Major banks set their own prime rates but move together as a general industry shift. The date indicates a broad change in lending costs across lenders.
Cedar Rapids public school officials propose a 5 million dollar bond to build two new high school gymnasiums at Jefferson and Washington, remodel a third, and fund elementary playground updates and handicapped access. The plan includes Kennedy High upgrades and would cost homeowners about 15 to 20 dollars the first year, with a 10 year repayment. If approved December 12, voters would decide March 7 with a 60 percent yes needed.
Two Cedar Rapids police officers Jerold Chapman and Raymond Carter seek court relief to stop a Civil Service Commission review of disciplinary actions. They contend the commission lacks authority to investigate unless requested by administrators or the disciplined officers. A hearing date will be set after today’s City Hall meeting amid internal disputes over officer discipline.
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