LCCC unveils $54 million High Tech Center plan
Lorain County Community College President Omar Olson revealed plans for a $54 million High Technology Training Center to be built at LCCC. The center will train workers in robotics, automation, and computer aided manufacturing to boost northern Ohio industries and foster regional growth. It aims to serve Cleveland, Toledo, Mansfield, Akron Canton and Youngstown with mobile staff programs and eight focus areas.
MENTIONED IN THIS ARTICLE
Lorain County Community College
LCCC
Omar Olson
Olson
Omo
Ohio
Cleveland
Toledo
Mansfield
Akron-Canton
Youngstown
Lerai County
Lorain attorneys seek fees in $20 million supermarket case
Lorain County lawyers Rob ert Gary and Katherine Walsh seek fees totaling $568000 in the Cleveland federal court. The six attorneys on the winning side request more than $4 million, with lead plaintiffs Schulman brothers asking $2.4 million and Lancione and Traci seeking $1.2 million. The $2.65 million in the settlement funds plaintiff attorneys fees and expenses, not drawn from the $20 million in scrip distributed this September. Gary notes the multiplier allows boosting requests. hourly rates cited range from $100 to $373.57. The suit arose from no contest pleas by supermarkets and four executives to criminal price fixing.
MENTIONED IN THIS ARTICLE
Amy Richards
Lorain County
Robert Gary
Katherine Walsh
U.S. District Court
Cleveland
Gary
Jack Schulman
Howard
John Lancione
Donald Traci
Fazio’s
Greater
Lambros
Surprise Elyria tax take up noted in local report
Elyria's income tax receipts edge up while Lorain's fall. Year to date total stands at 2,667,620 versus 2,665,866 in 1981. Mayor Michael Keys cites steady receipts with monthly fluctuations and a May to June shift including a 144,619 regional tax refund after an annual audit.
MENTIONED IN THIS ARTICLE
Lorain
Elyria
Michael Keys
Regional Income Tax Agency
Sullivan group calls for school chief Homer B. Smith resignation
A Sullivan area petition urges Medina County schools superintendent Homer B. Smith to resign. The drive claims 150 township signatures at a special county board meeting. Smith criticized Sullivan area voters after two defeats of a 7.8 mill levy and cites austerity plans for 1982-83 including cutting varsity football at Black River Eagle School.
MENTIONED IN THIS ARTICLE
Spencer
Homer B. Smith
Medina County
Smith
Sullivan
Black River
Ashland
Black River Eagle School
Credit health of big banks questioned by Veribanc study
A Veribanc study of 100 banks and savings institutions suggests over half of the 50 top commercial banks and more than a third of the largest S&Ls fail to meet FDIC equity requirements. It warns 12 S&Ls could be insolvent within two years, eight by year end 1983, based on 1981 financials from 18 000 insured institutions.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Corp
S&ls
Benke
Sala
FDIC
Veribanc
Federal Reserve
Comptroller of Currency
Israelis Fire On Beirut While Evacuation Moves In
Israeli jets downed two Syrian planes and forces closed the Beirut Damascus highway as Israeli commandos blockaded West Beirut. A U S Navy transport evacuated 400 Americans from a port north of Beirut while the U S Embassy and other Western missions shut down. Prime Minister Begin faced a cabinet split over invading Beirut with no final decision after a four hour meeting. About 6 000 PLO guerrillas were believed in West Beirut as Israeli troops and Lebanese Christian forces surrounded the area.
MENTIONED IN THIS ARTICLE
Beirut- Damascus
Beirut
U.S
West Beirut
Palestine Liberation Organization
Menachem Begin
Lebanon
PLO
Weather outlook for tonight and Friday
Outside Partly cloudy tonight and Friday with a low near 60 and highs Friday in the mid 70s. Chance of precipitation 10 percent tonight and 20 percent Friday. Winds southwest 10 to 15 mph this afternoon and tonight. Details on Page A-3.
Continental Sells Four Cleveland Area Branches
Continental Federal Savings and Loan announced the sale of four branches including Wellington and Medina to Strongs ville Savings & Loan Association and two Columbus area offices to Home State Savings Association of Cincinnati. The sale aims to reduce expenses amid tough times while preserving all 14 employees.
MENTIONED IN THIS ARTICLE
Cleveland
Nati
Continental
Carol Shantz
Savings and Loans See Smallest May Deposit Decline
The Federal Home Loan Bank Board reports May deposits shrinkage at $279 million, the smallest in four months, as S&Ls continue to lose funds. April saw $52 billion more withdrawn than deposited, and overall net worth fell to $247 billion, continuing a trend since January 1981.
MENTIONED IN THIS ARTICLE
Washington
UPI
Savings and Loans
Federal Home Loan Bank Board
Also Mentioned on This Page
Lady & Lee
Phil Hicks
ORIO
Mike
Marie Yarosh
Penfield Township
Yarosh
Lee
Mrs. Walsh
Debbie Courtright
C-T
Keys
Ford
U.S. Steel
Sullivan Group
Ameritrust
S&lls
Coburn
Mass
Alexandria
Federal Revenue System
Bank of America
New York
United Press International
Beirut-Damascus
Bhamdoun
Wellington
S&l