Realtors hear attorney on void contracts in closings
At the Port Lavaca-Calhoun Realtors Board meeting at the Viking Inn, attorney Lawrence Dio urged closer attention to contract terms to avoid voidable closings. He cited misspellings, vague property descriptions, and insufficient consideration, and recommended surveys and balance reports. The board formed committees on legislation and professional standards, naming members and appointing a historian.
MENTIONED IN THIS ARTICLE
Laurence Dio
Right
Lefty Saenz
Port Lavaca-Calhoun County
Lawrence Dio
Port
Viking Inn
Transac
Texas legislative budget board proposes $12.5 billion plan
Lt. Gov. Bill Hobby says the Legislative Budget Board's draft for 1976-77 is more than bare bones, aiming to fund state services with a $12.5 billion budget that may be balanced without new taxes. It targets $5.66 billion for education, a $500 million reserve, and substantial increases in health welfare and transportation with a zero-base budgeting approach.
MENTIONED IN THIS ARTICLE
Austin
Tex
Bill Hobby
Legislative Budget Board
Hobby
Budget Board
LBB
M.D. Anderson Hospital & Tumor Institute
Houston
General Revenue Fund
Final school bill contents revealed
The Houston Chronicle reported Gov Dolph Briscoes final school financing plan calls for equalized funding in all districts but would not require districts to raise their total local share. The bill, secretly distributed last Tuesday to superintendents of the seven largest districts, is to be publicly revealed next week. Sen Oscar Mauzy is named to sponsor the measure and the plan uses formulas to allocate funds to over 1100 districts with no total cost given. It sets a Texas State Public Education Compensation Plan and starts teacher pay at 7429 dollars.
MENTIONED IN THIS ARTICLE
Austin
The
Houston Chronicle
Dolph Briscoe
Chronicle
Briscoe
Oscar Mauzy
Dallas
Lawmakers Debate Property Tax Values and Utility Exemptions
Legislators weighed how to set property tax values with Wyatt arguing for moving toward even appraised values to spur tax reform. He highlighted proposals to exempt utility companies from sales taxes and to exempt private utilities from franchise taxes. The Gulf Intracoastal Waterway was also discussed with Captain Bill Butler urging state control due to maintenance gaps and lack of local sponsors. Several agencies showed interest in statewide administration.
MENTIONED IN THIS ARTICLE
Wyatt
Gulf Intracoastal Waterway
Bill Butler
Butler
Corps of Engineers
Also Mentioned on This Page
Tions
Dio
Stanley Mikuia
Richard Neyland
Walter Payne
Stanley McIntire
Rosalie Rigge
Audrey Davis
Texas
E Mar Carets
Viking Mall
Cunningham Pharmacy
the Chronicle
Texas State Teachers Association
RED Hot Boys
Port Lavaca
Legislature
Lee Jeans
KGUL
Famous Maker Jeans
Super Bell Jeans
Fuzzy House
I Oshmans
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