Housing Scene Forum proposes easier builder loans for presold homes
The Office of Thrift Supervision seeks to ease capital reserve rules for builder loans on presold homes with 5 percent earnest deposits and at least 25 percent project equity. It also calls for raising the real estate loan appraisal threshold to 100000, amid debate over thrift reform act impacts and licensing standards. In Vermont, prosecutors charge involuntary manslaughter in a carbon monoxide death tied to a defective boiler, marking a novel use of the statute in real estate related death cases.
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S&l Capital Reserve
OTS
Congress
S&ls
Burlington
Vermont
Stephen Brooks
Brooks
Safe Homes Program Seeks Community Involvement
East Central Kansas Regional Prevention Center invites adults to join Safe Homes, promising to curb youth alcohol and drug use. Volunteers agree to three rules, receive a directory and monthly newsletter, and can sign up by calling 242-7100 or mailing details to ECKRPC DCCCA, 112 East 17th, Ottawa, Kansas.
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Safe Homes
East Central Kansas
City marks MLK Day with floating holiday plan
Ottawa votes to make MLK Jr birthday a floating holiday with Monday off for workers. City Hall and Library will close. many agencies banks and offices statewide will be closed. mail may be delayed. Ottawa Herald will publish as usual.
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Herald
Martin Luther King Jr
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City Commission
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First
Hickory
USDA
Lake
Ottawa Kansas adopts traffic ordinance amendments 1992
The Ottawa City Council adopts Ordinance 3015-92 amending Section 13-101 and 13-102 of the municipal code to adopt the 1991 Standard Traffic Ordinance with additions, including careless driving section 29a and updated speed limits, adds section 97a on limited time parking penalties, repeals Ordinance 2955-90, and sets effective date after publication. The ordinance is wired for incorporation into the 1982 code.
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Ottawa
Kansas
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Clark
K.S.A
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