New Braunfels Herald Zeitung (Newspaper) - August 10, 2005, New Braunfels, Texas
WEDNESDAY, AUGUST 10,2005
CANYON LAKE TIME TO BAKE
Marilyn Bush didn't learn to cook until she was 22, but she's making up for lost time now. Page 5A
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rn 1000571 12/50/05 SOUTHWEST HICROPUBLISHERS 2627 E YANDELL DR EL PASO TX 79905
SPORTS ACES WILD
Local junior golfers battle for the city junior championship at Landa Park Golf Course. Page 6A
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a*?Taxpayers could pony up for civic center
By Leigh Jones
New Braunfelsers could end up helping pay for the city’s civic center expansion project after all.
TWo weeks after saying they want
ed to spend less money on the remodeling, city council voted to sign a $10.5 million contract with RVK Architects.
Company representative Ken Rehler previously said he could give the city what it wanted in the project
for $9 million, the total amount already raised through Hotel Occupancy Tax funds and a contribution from the Industrial Development Corporation (4B) Board.
But during Monday’s meeting, Councilwoman Valerie I lull was the
only member who wanted to hold him to it.
Her motion to cap the expenses at $9 million died for lack of a second, and I lull was the only coun-cilmember to vote against giving RVK more money for the project.
Although Rehler offered to provide the city three options for a final cost — $9 million, $10.5 million and $11.4 million — Hull said the city should authorize only what it actually
See CENTER, Page 3A
FED RATE MOVES
The Fed's target for the fed funds rate, a key overnight lending rate.
TNE RATE RISES 1/4 PT. TO 3.5%
I. A'.. I . I..www.beheardblog.com
A COSTLY OUTLOOK
rest rate likely impact everyone
By Ron Maloney
Comal trustees set school sizes, plan for bond election
By Ron Maloney
Comal Independent School District trustees told consulting architects Tuesday night how large they’d like to see future schools built to deal with expected growth.
The board voted 5-1 to tell its consultants it would philosophically like to see elementary schools designed to accommodate 824 students; middle schools constructed for 1,298 pupils and high schools planned around 2,575 students.
Trustee Charles Burt voted against a motion by Laura Kistner seconded by Bill Swim, saying he would like to see smaller schools in spite of the district’s growth.
“It s our responsibility to build new capacity before it gets to he a crisisSwim said.
During the third in a series of workshop meetings, the board worked to develop a construction plan to meet its needs for the next three, four or five years and a “vision’’ for the next decade with an eye toward a likely bond election in coming months.
With the construction of the Canyon Lake I ligh School under way toward an anticipated 2007 opening, no new high
See TRUSTEES Page 3A
Tracking the news
Will Valentine run?
LAST WE KNEW: Lynn Limmer resigned from city council and the city set a special election Nov. 8.
LATEST: Former Councilman Ken Valentine announcedTuesday in an e-mail newsletter that he intended to mn for the seat he previously held. "I am planning on running again for the District 6 Council seat and I need your input," he wrote to his subscribers. "The question is: 'Do you want me to represent you on City Council?"'
NEXT: Valentine will host a town hall meeting at 6:30 p.m. today at the New Braunfels Public Library.
GIS map to be explained LAST WE KNEW: Comal County Engineer Tom Hornseth's Web site, CCEO.org, added a Geographic Information System mapping feature.
LATEST: Designer Erie Gibson announced workshops using the new system would be conducted at 6 p.m. today and Friday in the commissioners' courtroom at 199 Main Plaza.
Stipnieks files to run for NBISD seat
On the road
New Braunfels’ National Guard unit deploys to Romania for training, assistance.
increase passed on in their monthly payments.
But don’t panic. If construction noises are keeping you awake in your neighborhood, they aren’t likely to stop anytime soon.
Economists don’t believe mortgage rates will rocket skyward. A 30-year mortgage, now 5.82 percent, could rise to 6.25 percent by December and 6.5 percent by the summer of2006, still a historically-low level for home mortgage rates.
Realtor Lee Edwards of D. Lee Edwards Realty in New Braunfels said Tuesday interest rates for mortgages remain very good, even with the increases.
See RATE, Page 8A
Photos bv DAVID INGRAM, Illustration by MARK RODRIGUEZ/Herald-Zeitung
Above, from left, construction workers Julio Suarez, Vicente Avalos, Emilio Suarez, and, below, Julio Suarez apply a coat of stucco to a new home under construction in the Providence Place subdivision off South Walnut AvenueTuesday afternoon. Inset, a graphic showing the federal fund rate in recent years.
By Leigh Jones
Former New Braunfels Independent School District administrator Anita Stipnieks hopes to replace Lee Edwards on the school board.
Stipnieks filed her election paperwork Tuesday, one day after Edwards announced his intention not to seek re-election.
“I would like to see New Braunfels at the top of the heap in employee morale; test scores, everything,’’ she said, explaining her motivation for joining the race. “I want to make sure all our resources work together.”
If she is elected Nov. 8, Stip
nieks will have no trouble getting acquainted with school board business.
“I ve been attending school board meetings for about 18 months — ever since they decided to change Anita the tax year,” she Stipnieks said.
Before joining NBISD in the 1980s as a curriculum director, Stipnieks was an elementary school principal in Austin ISO.
She left New Braunfels after 14 years to work as an assistant superintendent in Denton, near Dallas.
If Stipnieks is elected, it will be her first experience
serving in public office, but she will not come to the table without ideas for the district’s improvement.
“The board should focus more on students — vis-iting classrooms and seeing what goes on at the campuses,” she said. “Then we need to make sure there is more responsiveness to parents at all levels of the district. Our response to a problem needs to be expedient.” Stipnieks also said she hoped to bring more attention to the district’s Texas
See NBISD, Page 3A
Federal Reserve Chairman Alan Greenspan made good Tuesday on his July promise to raise interest rates, increasing the short-term rate banks charge each other by a quarter point to its highest level in four years.
The move to raise the federal funds rate to 3.5 percent is widely viewed as an attempt to rein in inflation and is not considered by economists as cause for alarm.
Economic growth, as measured by the gross domestic product, came in at a solid 3.4 percent in the April-June quarter, and many analysts believe the GDP is expanding at a pace above 4 percent in the current quarter. The solid growth helped the economy create 207,000 jobs in July, the best showing in three months.
The federal fund rate has increased after each of the Feds last IO meetings, conducted each six weeks or so. And with Tuesday’s announcement, some major lending institutions announced they would kick their prime interest rate — the rate charged their best customers — up a corresponding quarter point to 6.5 percent.
The tyke could affect buying poweroa short-term or revolving-ioan accounts such as credit cards. Variable-rate, home loan borrowers whose mortgages come up for recalculation in the coming couple of months, can expect to see the