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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 05, 1987

Page

2

House panel OKs tougher endangered species law

A House subcommittee advanced a five year extension of the Endangered Species Act and hiking penalties. The bill would boost annual preservation funding from 29.25 to 56 million for 1988, rising to 66 million by 1992, with new penalties and stricter Interior oversight.

Washington House Gerry E. Studds D-Mass Interior Department Oor Wyoming Subcommittee Claudine Schneider R-R.l

Way Station plans new mental health facility construction

The Way Station fundraising drive reveals Frederick County’s $250,000 lead gift, Frederick city $125,000, and a $100,000 private foundation donation. Banks in Frederick add $20,000 to $25,000 each, with other groups giving $10,000 to $15,000. Construction begins next week with a 2:30 p.m. Tuesday groundbreaking attended by Goy William Donald Schaefer and officials.

Milliner Frederick County Frederick Frederick Banks Way Station Mr. Milliner Goy William Donald Schaefer

County loses 743000 on tax exempt properties

Frederick County reveals annual tax losses totaling 743000 from exemptions on churches, clubs, and civic groups. County assessors warn reapplication lapses risk losing exempt status. officials urge groups to contact the county to maintain exemptions or face taxes on property.

White Mark Hoke Hoke

Flanigan to Assist City Hall On Citizen Requests

Mayor Young notes Frederick growth makes a new position necessary as calls rise tenfold in ten years. The $22,000 a year role would start immediately, with Flanigan aiding the volunteerism office until a replacement is found.

City Hall Young Frederick Flanigan

Big U.S. banks cut prime lending rate to 8.75 percent

Four of the nation’s largest banks Citibank Chase Manhattan Bank Bankers Trust Co. and Morgan Guaranty Trust Co. cut their prime lending rate a quarter point to 8.75 percent after a stock market collapse. The cuts were announced soon after the market opened and sparked an early rally in stocks.

New York Citibank Chase Manhattan Bank Bankers Trust Co Morgan Guaranty Trust Co

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