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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Feb 06, 2009
Page
1
Elyria officials float drastic budget measures to close a looming deficit. Parks and Recreation may face wholesale cuts including layoffs of part time staff, the ice arena shutdown, and program eliminations to save about 1.1 million. A 9 percent pay cut for eight collective bargaining units is proposed as an alternative to layoffs.
West Park Limited donates the repaired 100000 square foot former DIY Home Warehouse near Abbe Road to Lorain County Port Authority. The building, damaged by flood last February, housed Elyria Flea Market and is now available for county uses without rent. County officials signal ongoing plans and support from Elyria leaders. Former flea market vendors moved to Welcome Home Market Place on Royalton Road.
U S Senator Sherrod Brown says the stimulus package could funnel about 6.8 billion to Ohio, creating roughly 142000 jobs statewide. He notes funds target water and sewer, highways, mass transit, energy programs and weatherization, with shovels ready within a month though no specific projects guaranteed yet. The plan allocates billions for schools, Medicaid and local government, aiming to revitalize the recession battered state.
A 162 page document released Wednesday outlines the breadth of Bernard Madoff's alleged fraud. The victims include relatives, prominent business figures, celebrities and charitable institutions, though the report does not specify losses.
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