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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 07, 1964
Page
7
Reader asks if profits should be taken with ample real estate income and manageable mortgage. Advice favors staying invested, notes debt can be acceptable amid potential inflation and tax changes, and cautions to monitor quality stocks with intermittent gains. Mention of Savings Bond exchange questions and procedures follows.
Rochester Township trustees rejected the estimated 600 to 800 dollar per township cost for a county wide house numbering plan, preferring 400 dollars per township. They noted costs for maps and recording numbers drove up the price and approved renting a post office box for trustee mail for 1964 65. The meeting also covered fire protection costs bids for road resurfacing and tree removal, and plans to attend the Lorain County association banquet.
Wilcox Parent-Teacher Association will elect officers at 8 p.m. Thursday in the school multi-purpose room. Cub Scout Pack 112 will receive its charter and junior high girls will present a tumbling exhibition.
North Ridgeville city council on first reading approved renewing notes of 260000 for sewer line construction. Existing notes of 246775 due April 22 1965 will be refinanced with interest at 2.9 percent and legal costs. Bonds dated March 1 1965 will be 3 percent, payable in 10 installments, with excess sale funds used to retire obligations. Purchaser is Mc Donald and Co Cleveland.
The Elyria High School adult education program offers a spring quarter flower arranging course starting Wednesday at 7 pm in Room S-2. Taught by Mrs. Julia Morris, the eight week class covers design fundamentals, color, and preservation of plant materials for dried arrangements and table settings.
Ridgeville votes 5 2 to authorize a program for the city to take over the county controlled water system. The plan includes meter readings, 1.5 coverage of principal and interest, bond funding, 1966 line construction, 1967 purchase, a temporary rate increase, and cash on hand for deficits. The Citizens Committee argues the plan would yield a $20,000 yearly surplus and extend the rate hike beyond current needs.
Residents complain about drainage on Garfield Road east of Gore-Orphanage Road. Township officials will involve the Lorain County engineer and seek a temporary fix. A future pooling plan with nearby residents for roadside drainage is proposed. H. H. Heyman was told to haul stone to fill road holes. Bills include 100 for South Amherst fire in early 1964 and 100 for Camden Township fire call. payment due at next meeting after fires.
North Ridgeville developers of Crestview Subdivision No 2 faced charges of special privileges and unmet city rules. Councilman B L Noll defended the firm saying plans followed procedure and the plat was approved by the city engineer. Mayor Sweda maintained violations, citing bond, topography, and street material issues, with a further discussion set for next Monday.
Mayor Sweda announced a 30 day free trial of a telephone call diverter placed on the police line. If not answered, calls are directed to the sheriff’s department which will alert North Ridgeville officers or on call personnel. The service costs about 15 dollars monthly if approved. Sweda also reported junk car cleanups and a street by street check, with citations for noncompliance, plus a door to door survey on bus service and 70 sewer bills paid this quarter, four of which were delinquent earlier.
At a Ridgeville public hearing residents challenged a zoning amendment classifying greenhouses and proposed permit charges. They argued production and sales areas should be treated differently and questioned why fees apply to a structure long used for growing. A related protest on tower height rules and fence limits was tabled for study.
The North Ridgeville Civil Defense committee plans a meeting tomorrow at 7 30 p m in city hall. The session is open to all CB units and materials will be distributed.
Backers of Esperanto assert that English speakers can recognize 70 to 75 percent of its words. The language, created in 1887 by Dr Ludovic Zamenhof, uses about 3 500 root words.
Oberlin Griffith Black Top Co and Ohio Engineering Co both of Lorain won contracts to supply chip and seal and bituminous concrete for street paving. Griffiths underbid five others on asphalt at 15c per gallon and Ohio Engineering led on bituminous concrete at 90c per sq yard. City Manager Donald Marquis says splitting the work could save about 120 dollars.
The director did not attend the public hearing and no opinion was offered. The issue was not raised during the council session.
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