The Palm Beach Post from West Palm Beach, Florida on December 5, 1976 · Page 98
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December 5, 1976

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The Palm Beach Post from West Palm Beach, Florida · Page 98

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West Palm Beach, Florida
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Sunday, December 5, 1976
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Page 98
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F14 Palm Beach Post-Times, Sunday, December 5. 1976 i mm J. ? a-.-t -..,rJn1 riMnimniiiiTt nrni mini n mi I 's J. ffl HI liJl i id lie llfFPfn IBM, i ua; it I c5 I VI Tyrone, Pa. Mayor Ronald Thomas . . . points out part of town's $90 million developments Bust Becomes Boom For Town r. J , j(AMNo " " 25 M.N. II I r,TO Iff III 7Wv-4 iZ I intj:kchan(,f II II ,XhPfr , TYRONE, Pa. (UPI) - The 7,000 residents of this central Pennsylvania town have turned the loss of their major employer into a $90 million windfall. In 1970, a pulp mill operated by Vestvaco Corp. shut down for 'conomic reasons, eliminating 500 obs. But extensive publicity sparked by an ad in the Wall Street Journal portraying Tyrone as "This Town for Hire" created a backlash of sympathy. As a result, federal and state governments have pumped millions of dollars into improvement projects that local officials admit may not be alleviating unemployment but are providing a more attractive locale for new industry. "Our plight became heard of," "aul Price, editor of the Tyrone . lerald, said. "Local legislators attempted to get things done to alleviate the lack of work." Ongoing projects in the town include a $31 million flood control effort, a $12 million sewage treatment plant and $8 million in connecting lines, $6 million worth of highway improvements, $2.5 million in housing construction, a $20.5 million Route 220 bypass, a $1 million medical building, a $1 million industrial building and a $2.23 million renovation of a home for the elderly., Although some of the projects had been started before the Westvaco plant shut down, many originated in the past six years. "The town hasn't had to put up too much," Price said. "But nearly $90 million being spent on a town so small is really impressive. Most of it ,has developed from sympathy created by the loss of the jobs in 1970." He admitted the improvements haven't gained back the 500 jobs lost when the pulp mill shut down, and the "town is a mess right now" from all the rebuilding and urban development. "But you have to wait and see what things are going to be like after it's all done," Price said. Mayor Ronald Thomas said the effort will pay off eventually. "But we're not over the hump," he added, noting unemployment is running at 7.9 per cent, about the same as the national level. Many people left town when the pulp mill closed, but others still are around, waiting for the redevelopment program to take hold. Thomas said the town's major goal is still to attract new industrial prospects. Such improvements as a modern sewage plant, housing and an industrial park "will be a selling point," he said. Another selling point is Tyrone's location. The town is located midway between Pittsburgh and Harris-burg and within commuting distance of Altoona and State College. Thomas said the Westvaco shutdown undoubtedly created sympathy for the town, but "we also qualified" for all the improvements. "We didn't get anything we didn't deserve," he said. "We worked for it." For example, a Westvaco Co. spokesman in New York pointed out that 3ti0 people were still employed in producing paper at the Tyrone Plant, even though the pulp mill had closed. "What's left is pretty solid," the spokesman said. "It's a great town and great people. It's because of the people there's a remnant of the plant still operating." Thomas noted that aid to the town is coming from many different directions, including the people. He said the closing and publicity "created a unified effort on behalf of the community. "Everybody took a long hard look at what needed to be done and started looking around for places to get help." 42 luxurious waterfront townhomes in Boca Raton's finest residential area... Highland Beach. BOCA COVE 2 and 3 bedrooms priced from $58,500 to $80.(XK) Immediate occupancy Sales Center open daily from 10 a m to 6 p m 4510 South Ocean Boulevard IA1A). Highland Beach. Florida 3:4444. Just north of the 40th Street Bridge (Spamish River Boulevard) Phone (305) 276 8710 Palm Beach 732 5144. Broward 42b -3'WO Dade 'MO WW2 Owned and financed by Flagship Banks Here are 3 beautiful reasons Miami, why people are leaving Income Keeps Pace With Housing Costs Ft. Lauderdale and Palm Beach for Hutchinson Island. - ... jjpliffSSI fSSiliiiiiiiiim IB tufet "Say the standard contract calls for a 30-year loan at a monthly payment of $270," she said. "The borrower can be offered the choice of starting at $270, then going up to $300 in the 11th year of the mortgage insured by the FHA." She said the graduated payment plan promises substantial advantages to the young couple lacking enough equity for a big down payment on a home. Mrs. Hills said her most satisfying accomplishment during two years of service was implementation of direct subsidies for lower income families renting new or used housing under Section 8 of the National Housing Act. "Over 100,000 Section 8 units were occupied as of Sept. 30," she said. "And 40,000 such units were started during the fiscal year that ended in September. "The Section 8 program is proving effective as a way to reduce blight, utilize existing housing stock, prevent abandonment of used homes and improve the tax base for city taxes in urban areas." HOUSTON (UPI) - The cost of housing may be up, but so are important balancing statistics, according to Carla Hills, secretary of Housing and Urban Development. "The median price of a house is up from $22,000 to $45,000 since 1967," Mrs. Hills said. "Yet median income is also up from $7,000 to $14,-000, so the ratio is the same. And the median size of a house is up from 780 to 1,600 square feet since 'e 1950s. The young family is look- a for more house." Mrs. Hills said curing inflation vvould contribute substantially to enlivening the laggard housing industry. "A credit crunch is created by inflation of interest rates, property taxes and maintenance costs. The cure lies in curbing inflation." Mrs. Hills, who said she would remain at her post until Jan. 20 to supervise a smooth post-election transition, called for passage of a graduated Federal Housing Administration mortgage plan to be submitted to Congress Jan. 3. valuable a residence here may be five or ten years from now. There are no land leases. No recreation leases. No A BEAUTIFUL LIFESTYLE. Begin with a half mile of Atlantic beachfront. Add a par 3 golf course, lighted tennis courts, swimming pools and bike paths. Build lovely 1, 2 and 3 bedroom oceanfront and golf course garden apartments. And do absolutely nothing to destroy the character and charm of a unique island that's only minutes from Fort Pierce, yet quietly removed in its own private world. BEAUTIFUL PRICES. If you did this, you would have a community remarkably like Ocean Village on Hutchinson Island. But, of course, there's nothing like Ocean Village at anywhere near the price (starting as low as $39,500 furnished) anywhere nearby. BEAUTIFULLY PRIVATE. One thing that makes Ocean Village so unique is that it's so far removed from the workaday world. And yet it's within an easy drive of anywhere in the state. Here, where the Atlantic is your backyard, you'll find beautiful features that add to the quality of everyday life. Like our series of mini-lakes. And 60,000 sea oat plants. membership fees. And no restrictions on renting your residence whenever you want. Which gives you the option of considering Ocean Village as your year-round, seasonal or vacation residence. And when you realize that ul the developer Gulf Oil Real Estate Company has been responsible for some of the most stable and TTra-PTmrfTTfTT LIHI'lJIHPITOffl iHiiiiiHig MiiillliJL I I Ihnlll A i.llumili I M ROYAL PALM BEACH VILLAGE .mm distinctive commu Beautiful . . . SINGLE-FAMILY Golf course furnished villa Priced from $39,500 to $44,900 V 5iMfY Ocean '56Fort ! V"ld9e I Pierced " V 1 (tuarJ sum rij' A' :'! nities in America, like Virginia's much honored Reston, you know the character and charm of Ocean Village will be preserved in the future. HOMES INCLUDES: 84x100 Lot Included O 3 BEDROOM VA FHA financing O 2 BATHS VA, $0 down 230 r i i i 00 Mo. 00 O GARAGE FHA 1,250. down 233 M. Vjocean vi age. Golf course garden apartment Priced from $43,900 to $46,900 Okeechobee Blvd Exit 40 And some of the most accessible boating and fishing in America. You'll find our oceanfront Beach Club with an outstanding restaurant, 75 ft. pool and health and social facilities. And, fittingly, a playground and pool especially for children. WITH GULF OIL REAL ESTATE COMPANY BEHIND IT, OCEAN VILLAGE HAS A BEAUTIFUL FUTURE IN FRONT OF IT. With prices now ranging from the high thirties to the high nineties, virtually any Ocean Village apartment you select represents an outstanding value. And with the appreciation of Ocean Village properties during the recent depressed market, we can only ask you to judge for yourself how Drive up and see us soon. Or, for information, mail the coupon to Ocean Village, 2400 S. Ocean Dr., Fori Pierce, Fla. 33450. Telephone (305) 465-5900 Restaurant 461-8822. 793-1017 PALM DEACII GOLF ESTATES Modtl on Coroft of Sandp.pir a. Z t- z N t Southern Blvd Name Address City Stale Zip FURNISHED MODE! OPEN 0AIIY 101 SANDPIPER IAKE WORTH W.F.B.4 HOTAl PALM BEACH. HA. Oceanfront apartment Priced from $52,900 to $98,500 Telephone

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