Oberlin council backs tentative enterprise zone plan
City Council tentatively approves making Oberlin a full enterprise zone to lure industry with possible tax abatements up to 100 percent for up to 10 years on industrial buildings equipment and inventory. A negotiation committee will finalize details for a rural zone and downtown area abatements with CIC and school leaders, awaiting approval by CIC, Council, and Lorain County Commissioners.
MENTIONED IN THIS ARTICLE
Council
Calvin Waite
Deborah Kimble
CIC
Long
Lorain County
Bill Long
Interest rates rise on short-term T-bills
Interest rates on short-term Treasury securities rose in Monday's auction, with $10 billion in three-month bills at 7.08 percent and $10 billion in six-month bills at 7.05 percent. The rates topped last week, the highest since late October, while discounts imply returns of 7.31 percent for three months and 7.41 percent for six months. meanwhile the Fed's one-year bill yield slipped to 7.30 percent from 7.35 percent.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
The
Federal Reserve
Market closes with varied commodity prices across metals
New York AP reports Comex closing prices for gold at 381.40 per troy ounce and silver 4.14 per ounce, platinum 417.60 and palladium 392.90. Nonferrous spot prices set aluminum at 0.701, copper 11.815 cents per pound, lead 0.395, zinc 0.6466, tin 3.9667, mercury 205 to 210 per 76 pound flask. Lorain County Bouréau Cooperative grain bids show wheat 2.04, shelled corn 2.13, oats 1.25 and soybeans 5.38 per bushel.
MENTIONED IN THIS ARTICLE
New York
Nia
NYSE
At&t
Rolline
Rowan
Rayld
Aurich
Bree
Aly Saras
Schimb
Ya Sears
Baxter
Tale Bewrly
Boeing
Sele
BrMysq
Sysco
Aia
Texaco
CMS Eng
Va Toyrus
Ye Travner
Ya Tribune
Disney
Wells
duPont
Wolwin
Pierre R Smith Co
Fintste
Fluer Wa
IBM
Merck
Nalco
Va NewsCp
Nike Bs
Pacites
Comex
Lorain County Farm Bouréau Cooperative Association, Inc
Ridgeville Council approves abatement for Invacare unit
North Ridgeville Council gives preliminary approval to a 100 percent tax abatement for Action Technology, a division of Invacare Corp, planning to locate on Mills Road. The enterprise zone would grant the company 10 years of tax relief on equipment and merchandise as it manufactures lightweight wheelchairs and hires about 25 workers.
MENTIONED IN THIS ARTICLE
Council
Ridgeville Council
Invacare
North Ridgeville
Ment For Action Technology
Mills Road
Action Technology
Invacare Corp
Peace
Beckett Corp seeks tax abatement to expand oil to gas burner production
Beckett Corp president John Beckett asked City Council Monday to approve a tax abatement to fund expansion from oil burners to gas burners near Center Ridge Road. The plan would add about 55 jobs, growing the 43 current workers. Former Mayor Floyd Peace warned against broad tax abatement use, urging careful consideration as council scheduled further discussion later this month.
MENTIONED IN THIS ARTICLE
John Beckett
Beckett Corp
Center Ridge Road
Council
Beckett
Floyd Peace
Blockbuster to buy Erols in 40 million video merger
Blockbuster Entertainment agreed to acquire Erols Inc. in a 40 million deal, expanding to more than 1 700 stores. Erols operates 112 Washington area outlets plus Philadelphia Baltimore Cleveland and Chicago stores, strengthening Blockbuster's national network as it opened its 1500th store in Vancouver.
MENTIONED IN THIS ARTICLE
Blockbuster
Erol
Fort Lauderdale, Fla
America
Blockbuster Entertainment Corp
Erol’s Inc
Springfield
H. Wayne Huizenga
Erol’s
West Coast National
Philadelphia
Baltimore
Cleveland
Chicago
Washington, D.C
Fort Lauderdale
Vancouver
British Columbia
District of Columbia
Guam
Also Mentioned on This Page
Oberlin Enterprise Zone
Oberlin
Oberlin Community Improvement Corp
Jeptha Carrell
Chip Edelsberg
Indus
Richard Lothrop
Herb Willis
Acme Cleve
Alite Allied Corporation
AmerShip Building Pecs Centenor
CPC Inter. Inc
Emerson
Furst Bancorp
Goedach
Hulls Dept
LCB Bancorp
LNB Corp
Lesco Inc
Nordaon
Northern Savings
Ison Parker Hamlin
Smucker
Sunrise Medical
Ayexas Utilities
Woolworth
M E
GoldStar
Ais
ROYAL
Elyria
Lorain
Cleveland Street
Vietai Prices
Jeffry Armbruster
Steve Novak
C-T
Puerto Rico
Canada
England
Erol Onaran
Drew Beja
Advest Securities
Rinckbuster
Orain Courty
Broad St
1St Nationwide Bank
A Federal Savings Bank
Amherst
Nationwide Financial Corp
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!