New Braunfels Herald Zeitung (Newspaper) - April 6, 1997, New Braunfels, Texas
Sports Day.. Marketplace Dear Abby...
Birthday wishes from tho Herald-Zeltufig!
The New Braunfels Herald-Zeitung extends the following birthday wishes to: Judith Hun-Icy, Estella Garcia, Louisa Gomez, Amanda Petty (11 years old), Justin Platt (8 years old Monday) Hagen Edward Cattin (1 year old Monday), Usa Whitehouse (Monday), Skylalr Richter (6 years old, belated), Laura Richter (Saturday), Amber Menelsy (16 years old), Angel Diane Ortega (20 years old Saturday), Aldolfo A. J. Ortega Jr. (18 years old, belated), Ginger Rosales (Belated).
Happy anniversary wishes go to: Winona and Wallace Smith (Monday), Charles and Mary Frances Campbell (50 years old, belated), Lillian and John Robinson (38 years, belated), Herman and UIS Schoenfeld (50 years, belated).
To have a birthday or anniversary listed here, call 625-9144.
Daylight savings time has begun
Daylight savings time began at 2 a.m. lf clocks have not been set forward one hour by now, it is time to do so.
Council candidates forum Thursday
The Comal Area League of Women Voters is holding a candidates forum for the District 3 and 4 City Council positions at 7 p.m. Thursday at the NBISD Education Center Board Room, 430 W. Mill St. The forum will provide time for the candidates to address the audience and for questions to be asked from the floor.
Main Street Brown Bag Summit Tuesday
The Main Street Design Review Committee will hold a brown bag seminar at 6:30 p.m. Tuesday at the Municipal Courtroom at City Hall, 424 S. Casten St. The topic will be “Advertising Your Business." Panelists from print, radio and television will offer advice. Call the Main Street office at 608-2100 for information.
U.S. Congress early voting ends Tuesday
District 28 early voters have until Tuesday to choose which candidate will replace the late Congressman Frank Tejeda.
Democrats Ciro Rodriguez and Juan Solis are on Tuesday’s ballot. The only early voting polling will be in room 306 in the Comal County Courthouse. Pblls will be open from 8 a.m. to 4:30 p.m. Monday and Tuesday.
The OakRun School Choir Concert and spring Variety Show has been moved from Thursday to 7 p.m. Tuesday in the OakRun cafeteria.
Garden Club holds
The Guada-Coma Garden Club will hold its yearly pilgrimage April 8. Members will meet at 8.30 a m. at the Kmart Shopping Center for a caravan to the National Wildflower Research Center in Austin for a 10 a.m. guided tour.
Hospice offers support for grief
Hospice New Braunfels will sponsor a five-week Bereavement Support Group for adults starting Wednesday in the rock house behind Hospice. The group is open to anyone who has a friend or family member who had died within the past two years. Call 625-7500 for information.
24 pages in two sections ■ Sunday, April 6,1997
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Serving the Comal County area for more than 145 years ■ Home of Amanda Ratty
By DAVID DEFENDER
If the Internal Revenue Service has its way, owners of a local concrete company will have to pay millions of dollars in back taxes.
The IRS wants to terminate the S Corporation ta^'Status of Ingram Readymix' Inc. of New Braunfels.
According to the IRS, shareholders in an S Corporation are not obligated to pay corporate income taxes to the federal government. The owners have to pay taxes on their share of profits.
To qualify for a S Corporation status, the corporation must have 75 or fewer owners.
The IRS sent the owners of Ingram Readymix a notice of deficiencies Dec. 12, which said it wanted to eliminate the compa
ny’s tax status.
Ingram's attorney, Peter Wolverton of San Antonio, said the IRS gave no reason in the notice why it wanted to eliminate Ingram’s S Corporation status.
“What we have is a tax controversy,” Wolverton said. “The IRS is taking one position and Ingram Readymix is taking another.” Five separate petitions have been filed with the U.S. Tax Court in Washington, D.C., by majority owners Bruce and Gloria Ingram of San Marcos plus other owners * Bruce and Sheila Ingram of Corpus Christi, Charles and Elizabeth Tuttle of San Marcos, and Graham and Sue Leinneweber of San Marcos.
“It (petition) says the government is erroneous in its position,” Wolverton said. “The government
has taken the position that certain facts occurred for the termination of the S-election (S Corporation). The shareholders of Ingram Readymix disagree. We feel we will prevail but we need the tax court to decide.”
Wolverton said Ingram is trying to come to terms with the government.
“What happens is when you file a petition you go to the administrative arm of the IRS and talk about the facts and see if you can settle the case,” Wolverton said. “We feel comfortable with our position because the law supports us.”
If the IRS and the owners cannot come to an agreement, the case could go to trial in a tax
Wolverton said Ingram has not lost its tax status yet
“No court ruling has been ordered to pay anything,” Wolverton said.
If the tax court or the IRS rule Ingram has to pay the back taxes, Wolverton said the worst case amount would be between $3 and $4 million.
Bruce Ingram would not comment on the case and referred all questions to Wolverton. He would not comment on whether paying back taxes would affect the company’s operations or on plans to build new concrete batch plants, including the one in Bulverde.
Keep Texas highways beautiful
New Braunfels Elks member Foster Marlow dame the roadside on FM 306 between Inerstate 35 and Common Street Saturday was Great Taxaa Trash-Off day In which thousands of organizations cleaned their adopted sections of the highway.
GVTC considers deregulation
By DENISE DZIUK
The Guadalupe Valley Telephone Cooperative Inc. will ask its membership to vote later this month for partial deregulation of the entity so customer needs can be met more quickly.
GVTC Marketing Director Peggy Amn said GVTC is currently regulated by the Public Utilities Commission. She said that means the cooperative must complete indepth tariff filings for every proposal for new services, promotions or fees.
“This can take anywhere from
three to six months,” Amn said. “It’s an extensive process.”
Member-owned utilities can be exempt from the filing process, Amn said, and deregulation would allow the locally-elected board of directors to determine what changes are made.
“We feel it would be in the best
interest of the membership to have the board make decisions rather than PUC,” Amn said. “If we see that there is a need out there for a new service, we can act on it more quickly.”
GVTC mailed out 21,500 letters Friday to inform its mem-Tum to GVTC, Page 2A
River plans on agenda
By ABE LEVY
Cats at the Civic Center
Kristina CucinMlo and bar Persian cat Chill Pappar prepare to ba judgad during tha Mission City Cat Show bald at tha Maw Braunfels Civic Csntsr The event will continue today from 9 a m. to 5 p.m.
The city’s River Safety Commission plans to approve a proposed interlocal agreement that would include safety policy offered by a group of outfitters at its Monday meeting.
The proposed agreement would include standards for floatation devices on the Guadalupe River, details on a color-coded sign system and a threshold cutoff for high river flows.
The proposal is expected to be approved in time for the April 14 City Council meeting.
IF YOU RE GOING
The River Safety Commission will meet at 7 p.m. Monday in the Municipal Building, 424 S. Casten Ave. For further information call 608-2100.
The committee includes members from WORD, the New Braunfels chamber and Schlit-terbahn.
The effort is part of a settlement with the city of New Braunfels by the parents of a woman who drowned while tubing on the Guadalupe several years ago.
Vol. 145, No. 103
Herald Zeitung photo by Michael Darnel
Chili today §
James Pickett outlines booths for" today’s American Legion Chill Cook-off. The public can sample \ entries from noon to 5:30 pm at < 410 W. Coll St A 50/50 drawing & will be held et 5 pm, and a raffle drawing at 5:30.
Council hopefuls | report spending
By ABE LEVY
Yard signs, bumper sticker^ and fliers should start popping up around town if the City Council candidates’ first finance reports are any indication.
Voters will decide the fate of the contested races for districts $ and 4 that span the north and east sections of the city on May 3.
The first of two campaign finance reports cover March 3 to Thursday:
■ Jan Kotylo, a retirement activity director, is running for the District 4 position.
She reported contributions totaling $1,615 and another loan of $500.
Her expenditures to date include a total of $357.39 in sup^ plies for a kick-off party and cam-'' paign flyers. j £
■ Russell McDonald, manager; of a local electronics store, is rury; ning in the District 4 race.
He reported total contribution^; of $630 and expenditures alf 429.76 for 3
■ Randy Vanstory, a local busfe* nessman, is running in the DisjC trict 3 race.
He reported contributions af $1,201.19 and a loan for $331.3&< His expenditures totaled $716.1$j and include campaign but pins, postage, cards envelopes.
■ Rudy Seidel, a former coups cilman and mayor, opposing Vanstory in District 3.
He reported a total of $25 in contributions and $394 in total expenditures for yard signs, stakes and bumper stickers.
an*Make sure education is broken before trying to fix it. See Opinion, 4A.