New Braunfels Herald Zeitung (Newspaper) - February 22, 1985, New Braunfels, Texas
By LILLIAN THOMAS Staff writar
County funds will be deposited in M-Bank instead of New Braunfels National due to a misinterpreation of bank depository bids.
County commissioners, who had previously awarded the bank depository bid to New Braunfels National, reversed that decision Thursday and voted to give M-Bank the two-year contract as depository # of county funds.
And T.L. Walker, president of New Braunfels National, was none too happy about it.
“We understood that we had the bid and on that basis, we have in
vested the funds,” Walker said. ‘‘We feel it is a great injustice to now go back and make us undo these agreements. The other fellows bidding would not want to be put in this position.”
Daniel Dietert, representing M-Bank, said that his tank would buy whatever securities that New Braunfels National had already purchased with the bond money to keep Walker’s bank from losing money on the county’s mistake.
“We operated in good faith. And if the county does not see that this is a two-way street, pretty soon local banks will not bid on the county contract. When you award the contract, we have to know that
County switches banks after confusion on bid
means we have the contract,” Walker said.
County Judge Fred Clark tried to smoothe over the damage done by complimenting New Braunfels National Bank on the way they have conducted business with the county in the past.
But Walker’s last words were, “This is improper.”
Bank bids were opened at the last commissioners court meeting. County auditor Bate Bond studied the bids, and told commissioners he understood M-Bank’s bid to exclude the $5 million in certificates of obligation that the county will use to build the Courthouse Annex.
The )5 million had already been
authorized and was arriving in a day or two. All bidders were made aware of that.
Bond had thought that the bid from New Braunfels National might be interpreted to mean that the certificates of obligation were included, but he wanted to call and make sure.
In that conversation, Bond had gotten an agreement from Keith Daniels to have the $5 million at a fixed rate of 9.381 percent interest, contrary to their bid which had offered the county a variable rate based of 13-week treasury bills that was currently at 8.13-8.25 percent, depending on the time period of
See BANK, Page IZA
2?° "053 10/22/85
MITCH WOMBLE P-0. BOX 45436 DALLAS, TX 75245
abies on Parade
We’ve got ’em all — tall babies, short babies, thin babies, Chubby babies, welldressed babies and undressed babies. But mostly we’ve got cute babies for your inspection in Sunday’s Herald Zeilung. Our second annual “Babies on Parade” section will appear Sunday, and it’ll be full of ode kiddos (like lO-monthold Heather PeLuna, at left) and names of proud parents and grandparents. Look for it Sunday.
Unicorns v. Southwest r tonight at 7, TLC
Nm* Braunfels. Texas
Vol. 94-No. 39
February 22, 1985 25 Cents
24 Pages — 2 SectionsWater worksGreen Valley buyout gets go-ahead
By DEBBIE OeLOACH Staff writer
lx>wer utility bills may be headed for some County Line Road residents after New Braunfels Utilities trustees voted Thursday to continue expansion negotiations with Green Valley Water Supply.
A memorandum of understanding tu expand Ute Utilities' service area by about 1,100 acres was approved by the board last December. Directors for Green Valley Water Supply approved the same memorandum Wednesday afternoon, and authorized a transfer amount of 844,665.
At Thursday’s meeting, Utilities Manager Bob Sohn asked the board for authorization to proceed with legal documents needed for the Green Valley acquisition, based on the memorandum of understanding. The board voted unanimously to proceed with the service area expansion.
However, the transfer must be approved by the Public Utility Commission before it becomes final.
lf approved, the transfer will involve about 500 acres northeast of County Line Road between FMS 725 and 1044. The rest of the acreage is southeast of County Line Road between 725 and 1044, and primarily
See WATER, Page 12A
Chernenko too i to make speech
0 rn I *1 KRU WAI I) I HIRAI Oil I TONGReady for a rainy day
There's no water in this fountain on West San Antonio Street, but if there was, these two kids would be prepared. There was plenty of water elsewhere this morning, though, as light rains fell throughout the county. Radio station KGNB KNBT recorded .12 inches this morning, while .35 inches was recorded at Canyon Dam,
MOSCOW ( AP) — President Konstantin U. Chernenko was ordered by his doctors not to attend today’s meeting of Moscow voters who nominated him for a seat in the Russian federation’s Parliament, it was officially reported.
Chernenko, 73, has not been seen in public for 57 days. Under Kremlin protocol, he would have been expected to address a pre-election meeting today — two days before the elections — as a candidate for the parliamentary seat.
The Tass news agency said in its report on the meeting that Moscow city party leader Viktor Grishin announced “that Konstantin Chernenko would not attend the meeting on doctors’ recommendation.
“On instructions from Konstantin Chernenko, his electoral speech was read at the meeting,” Tass said.
Tass then began running the text of Chernenko’s ad dress The opening greetings did not make any reference to his health or offer a personal explanation for his absence.
“Dear comrades,” the address began, “f am expressing heartfelt gratitude to the workers of the Kuibyshev district of Moscow who have again nominated me as a deputy to the Supreme Soviet of the Russian Federation. I will apply all efforts to confirm this great trust and high honor.”
The text, as transmitted by Tass, then lauded the Soviet Communist system and stressed die importance of the elections.
A Foreign Ministry official, who spoke on condition he not be identified, said Thursday that Chernenko would not be attending because he was ill, but said he had no details about the illness and could not say whether the leader was hospitalized.
Each of the 15 republics that make up the Soviet Union elects a parliament on Sunday and Chernenko is a nominee from a Moscow district for the Russian federation's parliament.
The IO other members of the ruling Communist Party Politburo who are candidates have given their speeches Premier Nikolai A. Tikhonov spoke Thursday, and. according to Kremlin custom, Chernenko’s address should have followed today.
Asked if Chernenko would vote Sunday, the Foreign
Possible Chernenko successors
For general secretary of th* Soviet Communist Party
He ts believed lo have been Hie unofficial No ? man at the Central Committee since February
1964 ebon Konstantin Chernenko succeeded Yuri Andropov Al 53. Gorbachev is the baby of the Politburo A lawyer by education he became a tuH Politburo member rn i960 with responsibility tor agriculture He has traveled widely in the West
Romano* 61 h is ga-, nod a powerful position in 13 years as f*»ad cf the leningrad Communist Party In IMSfl be pined me Secretariat He is I seen as a strong proponent of the Soviet military industrial oompte* a harsh <*sc>pnnanan and a strong Russian nai«x\at*si Me may have taken charge of much of the nation s police ana internal security apparatus with Chernenko s consent
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He is the longes! serving member Of the Politburo and one of the most experienced Grrsbm 70. pined the Politburo as a candidate in 1961 before bemq elevated lo fuM membership in 1971 For 17 years he bes t leaded the Moscow party organization His loyalty to party leaders may make him a perfect older generator candidate bu’ he is believed to have heart problems
Alter 27 yeses as / foreign minister I GromyV . 75 u * probably bene’
mown at i,.%i man ,
any other Soviet politician His experience might ae a factor if Central Committee members want to egam some of Hie world prestige the party leader s poet has lacked since Brezhnev Gromyko however has been so ctosety tied with his specialty that it is unlikely he could become general secretary
-new WEUM* *$$0
Ministry spokesman said: “lf he feels well, lie will vote."
I .ast year, less than a month after lie succeeded the late Yuri V Andropov as party leader and head of tin* Soviet state, Chernenko and his wife, Anna Dmitrievna, were photographed and filmed b> journalists as they cast ballots in elections for the national parliament, the Supreme Soviet.
The Foreign Ministry official said the polling place for Chernenko this year would be the same as last year, on Shchuseva Street, not far from the U.S. Embassy,
The Foreign Ministry official said he assumed an election message would be read to the voters meeting today on Chernenko's behalf.
Message to Nicaragua
U.S. must oppose Sandinista dictatorship, Reagan says
WASHINGTON (AP) - President Reagan says the United States has the right and obligation to try to rid Nicaragua of its “communist totalitarian” government and give those who oppose dictatorship “a chance to have that democracy that they fought for.”
Members of Congress who voted to bar his administration from acting to overthrow the leftist regime “lacked a complete understanding of what is at stake there and what we’re trying to do,” Reagan told a nationally broadcast news conference Thursday night.
But he said he wouldn’t specifically advocate the overthrow of the Sandinistas “if the present government would turn around and say ... ‘Uncle’” and bring Nicaraguan rebels into the government
In the first news conference of his second term, Reagan also defended his proposal to phase out federal farm subsidies, saying, “We won’t pull the rug out from under anyone instantly ... but the government programs didn’t succeed.”
The administration's farm bill, being sent to Congress today, is designed to get “the farm economy back into the free market place and government out of the agricultural business,” Reagan said.
The president said he plans to retain his controversial budget director, David Stockman, who angered embattled farmers by questioning their right to government bailouts and career military personnel by suggesting they were more interested in their retirement security than in national security.
“I can understand a fellow blowing his cool,” Reagan said, suggesting Stockman was being heckled and harassed by lawmakers when he made his inflammatory remarks while testifying before the Senate Budget Committee.
Reagan also renewed his call for action this year on legislation to simplify the income tax code, although his administration has yet to settle on details of a tax overhaul plan. And he urged Congress to summon the “political courage” to give him the budget cuts he is seeking The president said he will decide in coming months whether the United States will join the Soviet Union “in violating” the unratified SALT II arms control treaty, which both sides have
See REAGAN, Page 12A
Reagan remarks at-a-glance
The in exit tor 11 sum! he did not ptoo lo po th# rug oui tm>i«mly from under Am*' * <« fanrws but that h# unended to scrap •> pensive government <*gi« uituu* programs that haven t worked Reagan said ne planned !< return the farm aeonon* into tin fie-marketplace."
Reagan said ha supported a short term $650 million program o< loans arni hun guarantees NICARAGUA Reagan said opponents of Nicaragua s leftist Sandinista government deserve U S military aid to give them a cham :• to have trial democracy that they fought tor
"I don't think the Sandinistas have a detent leg to stand on Reagan said What they have done is totalitarianism, it is brutal >1 is crust and thay have no argument ayen st what the rest of '.ha people of Ne ar agua want Reagan said men diets cd Congress veto voted a ban on covert U S aid to the rebels "leek a complete understanding of what -s at stake there and what we are trying to dc STOCKMAN
The president told reporters had wanted to keep Budget Director David Stockman even though he angered embattled tar mars by questioning then right to government sub
sidles and incurred die v* advor ating a reduction in I understand a goy hi Reagan who noted 1 apokiyi/ed tm sortie ut ►1 BUDGET ANO TAXES In an opening stele nu1 nation % economic ie
Cut* to pv.wooy -md pi Piet t He said the Patton im political com age needed Cuts that wt>»ild india e de $50 Pillion n««t year
The president repented nt increases say my that issue dei utod on Nov 6 We inlet the manila!# he lei erved election victory ARMS CONT ROI R eau ai said lf
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We are going to stay with the treaties that we rn effect ratified in power Reagan said
Utilities OKs financial policy
Comal River ........... 242 cfs (up 4|
Canyon inflow ............. 232 cfs top 101
Canyon Dam outflow ........ 375 cts Isamsl
Edwards Aguilar . . . ........ 623 87 I same I
Canyon laka lava! ......... 902 06 (up OI)
It will be cloudy with a high in the
mid-7Qi. Today’s 60 percent chance of rain will continue tonight, with a low expected in the 60s. Southerly winds will be 15 mph. It will be a little warmer Saturday with high humidity and a 40 percent chance of thundershowers. Saturday’s high will be 78, with a low of about 68. Yesterday’s high was 73 and this morning’s low was 65. Sunset today will be at 6:25 p.m. and sunrise Saturday will beat7:03a.m.
Four words almost tabled a formal financial policy for the New Braunfels Utilities up for approval at Thursday’s board meeting,
“Up to two mils” were the four
Utilities' annual payment to the City of New Braunfels, listed as No. 6 on the Utilities’ priorities of obligation.
She said she’d seen the cap officially documented somewhere, and wanted time to find it. In addition,
idle said the policy should at least state the current intergovernmental transfer which is mils per
kilowatt hour sold annually The Utilities-city transfer at 14 mills (a mill is one-tenth of a penny) amounted to $835,098 72 in 1983.
Her motion to table the policy until
the Feb 27 Utilities meeting was never seconded, so Tie ken later withdrew it and voted for the policy, with the stipulation she had the right to bring it up again.
The unanimously approved policy clearly slated the Utilities’ priorities of obligation, which have also spelled out in past bond issues Those obligations are listed as No. I — operation and maintenance of
See UTILITIES, Page 12A