Foy and Lake Sullivan
FHA Okays $446,000 Loan For Planned Sullivan Lake SULLIVAN, Ind. (Special) — A $446,000 Watershed Loan to the Sullivan County Park and Recreation Board has been approved approved for the purpose of financing financing part of a multiple purpose purpose reservoir for flood prevention prevention purposes, according to an announcement Thursday, by County Supervisor Richard L. Cox. IT'S FUR STORAGE TIME This is the first loan of this type to have been made in the State, according to Cox. + + + The Watershed loan funds will be used to help finance land acquisition acquisition necessary for the construction construction of a 422 acre lake, to construct access roads, picnic areas, boat launching and docking docking facilities and campi-g areas. The additional water storage provided by the project will help Sullivan County in the highly- competitive bids to attract industries industries and will provide a long list of recreational outlets for local and area residents. Some 250,000 people live within a 50- mile radius of the proposed reservoir. Construction of the project is expected to provide 5,460 man- days of labor for engineers, surveyors, bulldozer and drag- line operators and day laborers. + + + The loan will be repaid to the government branch over a period period of 30 years at a rate of 3.222 per cent interest. Members of the Sullivan County Park and Recreation Board are Dr. Noble H. Sevier, Foy Rusk, frank Walton, Don Bezy and Hugh P. McCreery, ex-officio member. Legal counsel counsel is provided by Jesse H. Bedwell. Bedwell. In the initial planning of the lake, Dr. Sevier noted that only two houses will have to be razed in the inundation area, "and one of these is unoccupied." unoccupied." It is hoped the lake will reverse reverse the declining economical picture of the county, which is resulting in an average loss of 300 families a year, Dr. Sevier advised, while revealing that experts have estimated recreation recreation facilities attendant to such a lake will bring some 3,000 persons persons into the county on a good day. Effingham Subs f Ask Pay Raise EFFINGHAM, HI. (Special) — A petition signed by 25 substitute substitute teachers in Unit 40 has been presented to the board of education education for an increase in salary. Substitute teachers are asking a raise from $14 per day to $20 a day, and a change of rules so that a teacher can qualify for full salary when he or she has taught ten consecutive days for the same teacher. At present, present, they must teach 30 consecutive consecutive days to qualify. There has been no increase in salary for substitutes since 1959, the delegation delegation said, and noted that, compared to other substitute salaries in Illinois, Unit 40 pay is the lowest. bers the money and reservoirs basin. An estimated Public capacity budget projects The Friday Works subcommittee.