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Norwalk Reflector in Norwalk, Ohio

15 Dec 1978

Page 5

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Norwalk Reflector December 15, 1978 Page 5 old newspaper archives

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Newspaper

Norwalk Reflector

Location

Norwalk, Ohio, United States of America

Date

Dec 15, 1978

Page

5

Cleveland Faces Default As Banks Refuse Refinancing Pact

Mayor Dennis Kucinich fights to refinance 15.5 million in short term notes by 12:01 a.m. Saturday. One bank, Cleveland Trust, reportedly balks as City Council debates tax increases and a fiscal agent plan. Default would trigger massive layoffs and service cuts, with Moody’s and S&P warning on bond market access.

MENTIONED IN THIS ARTICLE

Cleveland UPI Dennis Kucinich Kucinich George Forbes Forbes Cleveland Trust Bank Cleveland Trust John Carduff First Boston Corp National City Bank Central National Bank Euclid National Bank Society National Bank Capital National Bank Moody’s Investor Services Standard & Poor’s
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Girls Basketball Okayed by Greenwich Board of Education

Greenwich South Central Board of Education approved starting an intramural junior high girls basketball program. They accepted Betty Rom’s resignation from second grade teaching effective Dec 12 and noted her move to Medina County Treasurer's Office. Dawn McLaughlin hired as substitute bus driver. Karen Lembke offered as Pom Pon Girls advisor. Cafeteria ceiling at North Fairfield middle school approved for lowering. A 40 by 100 foot pole shed was tabled. Penn Central Railroad notes for remaining district debt accepted and to be kept by the Huron County treasurer. A contract with Huron County Board of Education for services at a class for children with severe behavioral disabilities was signed.

MENTIONED IN THIS ARTICLE

Greenwich South Central Board of Education Betty Rom
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Also Mentioned on This Page

Council Penn Central Railroad Huron County Huron County Board of Education Paul Crider Meleager England Sicily China Baltic Sea Ciider Jewelers W. Main Norwalk Cnorwalk ‘Home ‘Interiors Norwalk E. Main St Ohio New England Discount Department Stores West Norwalk THURS THE Home Savings & Loan Company Memee E. Perkins Ave Sandusky Front ST Milan Park Ave New London Eaci By Henry Timman By Jim Busek By Jan Conway By Jan Rogosch Aggie's Agnes Higgins
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