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New Braunfels Herald Zeitung (Newspaper) - August 9, 2011, New Braunfels, Texas TO Eneraetic Unicorns start football oractice Mondnv «;pnRT<; 500New Braunfels TUESDAY AUGUST9.2G11 EITUNG SERVING NEW BRAUNFELS SINCE 1852Stocks spiral further downward By Ptui WIttman AP Economics Writer Th(' stock ni.irket buckled Monclay uncic‘r the weight of a c risis in F;uro[)e and danger of rc'cession at homcv Reeling from a downgrade of Americ an debt, tne Dow jones industrials plungcHi f) 14 points. It was the worst day for Dow posts 6th biggest loss as it plunges 634 points the markc't sine e the finan-c ial crisis in the fall of 2iX)8 and extendi’d WaHStrecM's sudden, sharp decline. Stocks have lost 1S pc’rcent of their value in just two and a half wet’ks. Monday was the first trading day sine e Standard and P(x)r's ck)wngrad(xl tfu^ United States' risk-free c redit rating, and the sc4ling started at the'c)f)enlng bell. The [)ow dro[)pecl 2 SO [)oints in minutes. Fcvr the r(‘st of the day, investors iookcxl for safer places for thf'ir mon(>y. With few buyers left for stoc ks, the mar-kc't could only drift lower The Dow finished the day down S.5 percent. The* (M)int d(*( line was the worst since Dec . 1, 2008, and the sixth-ste(*pesi ever. TTk' average ended at 10,809.8S, Its first close under 11,000 since N()vemb(*r In a bit of irony following the Silil’ downgrade, inv(‘stors dc'cidl'd U.S. dc'bt Council passes first container ban reading Ordinance would ban disposable containers on rivers By Greg Bowen I he Herald-Zeitung Th{' first rt'.uling ot an ordinaiu e banning beer cans and otlier disposable cont.IIIters on the city's ( onial and C'luadalu >e rivers w'as ap[)rovc(i ly New Braunft'ls ( itv ( ounc it late Mon(fa\. A s(>( ond reading will b(> neediMi l)etore t it' lian, dt'signc'd to ( ut the amount of litt('r h‘l( behind b\ tubc'fs, can bet ome law. 'Mt's prett\ compelling when you r<‘( eive I2S emails and ‘>0 [)er( C‘iit say let's pass this ordinance," said Mayor (lak' I’ospisil. "This is a stej) we nc'ed to take." Some tweaking will be done on the ordinance before its second rc'ading, as Interim ( 'itv' Attornev l\\ul Isham will try to ensure that the ordinanie's language does not a|)ply to sue h things as tulx's of sunscre't^n. C'itizc'iTS on both sides of the issue lined u|) to voice their optnons on the matter as trie meeting dragged on toward midnight. "The city of New Braunfels is crying and sa\ ing no more," said Mayor ProTem Mark Goodnc'r. ('ouncilor Mik(‘ Ybarra said h(*'s disgusted "that the general public lias dc'cideci it's OK to trash our rivers." He called the rivers the most beautiful natural resourc e the c ity will evc'r have and said lailure to act to protec t them could mean See BAN, Page 10 Every seat was occupied for Monday’s city council meeting RV owners may apply for permits to park By Greg Bowen Ifie Herald-Zeitung Under an ordinance a()()rovc>d Monday by city counc il, owners of RVs and other oversized vehicles will b(> able to seek permits that would allow the big rigs to rcnnain on residential streets for up to 24 hours. A paracle of KV ownc'rs af)peared before ci)uncil, saying they nec'd to |)ark their RVs on the strc^ets in front of their homes to prepare them for trips or to unlo«ici them after trips. Thc'y were given a chance to say their |)iece after council at its luly 25 meeting added RVs at the' last minute' to tne ban being considerC'd against the parking of 18-whc'elers and other oversizc'ci vehicles on public strc'c'ts. Counc il passc'd the ban, Init dcx icl-ed to give RV'e'rs a ( hance te> l)e heard e)ii Monday and the 24-hour provision was addeel to the ordinance as a result. One 24-hour permit wilt be allowe'd during a seven-day pc'riod. No perniit will be' issuc'd unless strc'ets are wide enough to ac c erni-meidate both the' oversized vc'hicle' and a fire true k e>r otht'r emc'rgency Mayor Gale Pospisil speaks at the New Braunfels City Council meeting Monday ve'hic le that may nec'el to pass bc'side' it. The* ordinance, due te) take' c'ffc'e t at the end ot (k tober, would other wise ban vehic bs that weigh more' than 20,000 pounds or are longer than 22 teet and vvieler than 8 le'C't e>r taller than 8 tc'et troni residential stree'ts. A sc'eond ordinarn e would have* barrnt'd oversized ve'hie les on private lots in resick'ntial are>as was voted down 7-0. Deadline Aug. 29 for ‘Name that Building’ contest As of Frielay, more than 1,500 people entere'd the Wurstfest Name This Building Contest and entries continued to pe)ur in Monday. The contest is a partnership Ix'twec'n the' Wursttest Assoc iation and the New Braunfels Herald-Zeitung to finei cl nanie for a new venue unde-r construction at the Linen Stre'et ('dge of the Wursttest gre)unds Tliis is the first tinx> the' Wursttc'st Assoc iatie)ii has invited thegenc'r-al public to )articipate in the naming of a bui ding on its projx'rty. "The contest has bc'en great fun ... and the number e>f c'ntric's is amazing/' said Wurstfest Executive Director Suzanne Herbc'lin. "The public is what kc'c'|)s our festival alive. Everyone has a creative side and sees things from a different perspective." The de'adiine te)r entric's is Aug. 2‘). Forms have been running daily in the Herald-Zeitung print edition and online at h^, A panel of six — three iiit'ml>ers from the news[)a-per and three from the Wurst-fest Association — have beem pouring over the entries as they eome in. "They have d tough eie*cisie)n was one of the safest [jlaces to f)e. They also sought rc'fuge in gold, whic h set a record price*. 'The S^P downgrade of U.S. government debt is the* least of our problems," said economist Scott Brown at Raymonei jartles See STOCKS. Page ro witli SO many gre*»it entries," saiei Shannon Myers, Hc'rald-Zeitung advertising and marke'ting elirector "The numl)er of entries has been ewc'rwhelming with the ne'ws()aper receiving more e rt*ative ideas every day "H's grc'at to see so many pec4)le interc^stc'd in their community." The new building is scheduled See CONTEST, Page 10 ► HOUSE FIRE Smoke detectors save five By Dalondo Moultrte The Heratd'Zeituiig A family of five e'sc ajx'd a house fire unharmed c'arly Monday morning in New Braunfels, a fire dc'partment offie lal saifi No one was hurt in the* tire* that startc'd in a garage in the* 9()() block ot River Roe k and caused about $22 5,000 in loss, said Patrick O'Connell s()()kesman for the Ne*vv BraLfntels Fire (])epartment He said smoke detectors alerte-d the two adults and thre'C' chililren and thcv vvc'rf* outside wh<*n fire'tighl ers arrived. The* call came in about 1:55 a.m. and firetighte'rs arrived a short time later 0'( c)nnell said. He* said once on scene, firefighters sprang into action [)attling heavv tire in the rear of the garage* ne'xt to a two-storv wood framc'd he)use. Firc'tightc'rs controllc'd the' blaze within 20 minutes but flames s[)read into the* walls, te> the second stor\ ot the* house and into the attic, 0'(Onnell said. He said investigators believe the fire was acci-derital and they are trving to de*termine whether a water heater or a re*frigerator in the garage caused the fire. "Those are the only twe) ignition sources we were able to identify in the art'a," 0'Cx)nnell said. "The honxH)wner said the pilot light went out twice (Sunday)." O'Connell said investigators found no evidence ot foul play. WEATHER, 10 PRIESTO MARTINEZ GOODWIN FRAZIER ELEMENTARY Hot, some clouds Higti: 1 03low; 76 Abby 8 Classifieds_____ ■ . 8 Comics 7 Crosswords 7 Forum ' 4 Obituaries .............3 Planner 9 SfiOftSL........ TV 9 Ntol 1581 No 232 1 section, 10 pages 8 *56825 OGDOr i 50 cents For breaking news, sports scores, weattier, traffic and mid-day updates, follow us on twitter ©NewBraunfelsHZ Learn what's in tojnorrow's paper, offer news tips, receive alerts Become a New Braunfels Heratd-Zeitung Facebooi( fan pi. 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