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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Mar 01, 2007
Page
8
Forecast for Garden City and surrounding area calls for mainly clear and seasonably cold tonight with west-northwest winds 8 to 16 mph. Partly sunny and breezy tomorrow as northwest winds rise to 20 to 30 mph. Humidity opens around 65 percent and falls to 20 percent in the afternoon. Breezy in the morning and mostly sunny Saturday with north-northwest winds 15 to 25 mph. Soil temperature yesterday was 38.
European indices edged higher as Wall Street rebounded on Bernanke comments while Asia’s markets retreated for a third day amid concerns about the global economy. FTSE 100 up 0.7 percent, CAC 40 up 0.2, DAX 0.1. The Dow rose 0.4 percent to 12,268.63. Analysts warn volatility may persist amid global data and US demand sensitivity.
Topeka lawmakers consider a new property tax in university communities to cover a 700 million deferred maintenance backlog at state Regent campuses. Fort Hays State President Hammond opposes local tax funding for state repairs while Senate President Morris notes communities already support nearby higher education with taxes. House leaders McKinney and Neufeld say this option should be examined.
Kansas senators heard a House bill offering a 10 year property tax exemption for a second nuclear plant near Wolf Creek. Lawmakers doubt a near term plant but see potential for incentives to promote alternative energy and expand nuclear power where existing infrastructure lies.
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