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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 09, 1972
Page
9
Guilford County estimates project 1972 valuations at about 2.207 billion, up 24.03 percent from 1971. Real estate leads gains with growth across city and rural areas, aided by revaluation and new state tax rules affecting bus truck and plane assessments.
High Point College will award honorary doctorates to Rev Bernard Ray Fitzgerald J Marie Grant and Moe Goldman during May 28 ceremonies. Fitzgerald will speak at the 11 am Baccalaureate service at Wesley Memorial Church Grant and Goldman will address the 3 pm commencement in Albion Millis Stadium.
City of High Point sees total valuations up to about 506 million for 1972 from 407.7 million this year as real estate climbs 32.87 percent to 327.6 million and corporate excess surges under the new state tax law. Greensboro and rural areas also post increased real estate and personal property values.
With a countywide property revaluation, High Point homeowners face higher taxes for 1972-73. Valuation rose to 506 million, up 24.1 percent from 407.7 million, likely prompting a tax rate adjustment between rates. Budgeting and bond considerations loom as city and county rates interact.
Dr Norman Vincent Peale spoke to the High Point Executives Club urging positive thoughts to shape self and outcomes. He credited God and psychology in solving problems and urged starting each day with a one sentence prayer as the large gathering heard him in Top of the Mart.
In a six man Democratic contest, State Rep. Ike Andrews led in Randolph and Chatham, while State Sen. Jules Coggins topped Wake and Durham. With 25,614 to 24,784 votes, a runoff was assured between Andrews and Coggins to face Republican Jack Hawke in November.
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