The Palm Beach Post from West Palm Beach, Florida on March 31, 1998 · Page 30
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March 31, 1998

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The Palm Beach Post from West Palm Beach, Florida · Page 30

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West Palm Beach, Florida
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Tuesday, March 31, 1998
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Page 30
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TUESDAY, MARCH 31, 1998 THE PALM BEACH POST Nabi's lenders free up $45 million revolving credit line In brief ... ,., f v.- ... V. .J m t) uitnw lucniiuio. They're called desktops. see, Mississippi, Missouri, Arkansas and Kentucky. Sunbeam buys Coleman DELRAY BEACH Sunbeam Corp. (NYSE: SOC, $43.94) said Monday it has bought controlling interest in the Coleman Co. Inc. from financier Ronald Perelman, whose firm MacAn-drews & Forbes Holdings owned 82 percent of the company. The Perelman firm now owns 13 percent of Sunbeam, which expects to purchase the remaining publicly held Coleman shares in the second quarter. Sunbeam Chairman Al Dunlap has installed his own management team at he outdoor products firm, which he said has "an inflated cost structure with too many facilities and headquarters." Palm Beach Post Staff and Wire Reports BOCA RATON Nabi resolved its credit problems stemming from the company's $15.8 million loss in 1997, officials said Monday. .. Nabi's lenders waived the loan covenants the company failed to meet, freeing up $45 million in revolving credit due in September 2002 and a $5 million loan due in March 1999. ; '; Boca Raton-based Nabi (Nas-iq: NABI, $3.06) is a blood 'iasma and biopharmaceutical lirm. Union Planters on a spree MIAMI Union Planters Bank of Florida said Monday it's buying the Florida franchise of California Federal Bank for $110 million in cash. Union Planters will get $1.5 billion in deposits and 24 offices 17 in Southeast Florida, including seven in Palm Beach County, and seven on the state's west coast. Union Planters has been busy this year. It announced in January that it will pay $103.5 million for the 12-officeTransflorida Bank of Boca Raton and completed its $1.9 billion deal for the 28-office Capital Bank of Miami. Union Planters of Florida is part of the Union Planters Corp. of Memphis, Tenn. (NYSE: UPC, $61.88), an $18 billion bank holding company with offices in Florida, Alabama, Louisiana, Tennes Paxson's opportunity for partnership improves Advertising sales for the network's first year should begin in late spring, Grossman said. Lincoln, a former Fox network sales executive, to head Pax Net's national sales effort. Now, if you feel like dragging a desktop around with you all QBankUJnitcd FLORIDA'S PREMIER BANK day knock yourself out. But if you think a portable might be well, more portable, then check out the new Solo 5100SE with its colossal 14" screen. Aside from the screen with its unbelievably Sole? PrrtfHt PC 3E U1 " xr.A TFT f'ilor DisdUv gargantuan proportions, the Solo 5100SE also includes a 166MHz Intel Pentium processor with MMX Technology. Not to mention it's lighter and pentium PAXSON From 6B f Montpelier, Vt, said the commitment means the company won't have to come up with money by May 31. . "It gives them some flexibility with respect to timing," he said. Kuzio said he expects Paxson to soon announce a stock offering or some sort of joint venture with an outside investor in a similar business. : : While Paxson was not able to reach a deal with a partner before the company announced its plan for Pax Net in November, it might be able to now. ' "Now, they have programming and a story that's a little more developed," Kuzio said. Indeed, a recent report in the New York Post said the company may be preparing itself for sale. Grossman would not comment on the report, but said Paxson is focused on building the network and its staff. West Palm Beach-based Paxson (AMEX: PAX, $10.69) this month hired Karen Schmidtke- thinner than most portables out there. Stop by and see the Solo 5100SE with its humongously enormous screen. Did we mention it's kind of big? ' Inter 16fiMHz Pentium' Processor with MMX" Technology 32MB SDRAM (expandable tt 144MB) 2MB Video RAM 2CB Hard Drive Modular 8X min20X max CD-ROM and Modular 3.5" Diskette Drives Integrated 16-Bit Sound with Stereo Speakers Lithium km Battery & AC Pack Full 88-Key Microsoft Windows" 95 Keyboard E Pad' Plus Scrolling Pointing Device NTSOPAL. Video Output USB Ports 8t Zoomed Video MS" Windows 95 MSVvbrks4.5 LapLink" for Windows 95 U McAfee" VirusScan Gateway GokT Service & Support for Portable PCs Price does not mdwte shipping and handling or any appticabte taxes. '2599 mm "You've got a friend in the business. " Coma tea us at! 2216 Palm Beach Lakes Blvd. (west of 1-95), W Palm Beach 561-688-0271 , ,, Software Training: 561-688-1397 Hours: 10am to 9pm Monday -Saturday Noon to opm bunday tw" y0 Guaranteed to vary from state I AVAILABLE AT: 1 Boca Raton (561) 750-7710 . Boca Hamptons (561) 883-3113 West Delray Beach (561) 495-5020 . Boynton Beach (561) 369-4688 FDIC COMING SOON TO LAKE WORTH! NO. 431562 ;" VILLAGE OF NORTH PALM BEACH inert the mteieo remans on Oepost far o U year Penalties octfv (or orty wttxnowol on certificate of depo mm on Ptotmun PowDcok Sovmgj may charge from time to ttme rxn not before 05C198 (and teen apery I Other lenders facing lawsuits SUNTRUST From 6B borrowers for insurance for repossession expenses and missed loan payments even when the borrower had not defaulted, Garcia-Linares said. The insurance premiums were then fun-neled back to SunTrust by insurance carriers, officials said. ' SunTrust denied any wrongdoing, saying a settlement would avoid a costly court fight. Plaintiffs have until June 30 to opt out of the settlement and pursue their own suits against SunTrust. . Similar suits are pending against GMAC, Capital Bank, Citicorp, Transouth Financial Corp. and Atlantic Coast Federal Credit Union, Richman said. SunTrust stock (NYSE: STI) Closed at $73.81 Monday, down $1.69 a share. FULL COST ACCOUNTING DISCLOSURE PURSUANT TO F.S. 403.7049 AND RULE 17-708 F.A.C. Residential Refuse Service Costs for Fiscal Year - 1 996 - 1 997 $79.62 $59.89 Refuse - Collection Service Cost per ton Recycling - Collection Service per ton NO. 428910 NOTICE OF PUBLIC HEARING NOTICE OF CHANGE OF LAND USE TO THE CITIZENS OF THE TOWN OF JUPITER, FLORIDA: TO ALL PARTIES IN INTEREST AND TO ALL WHOM IT MAY CONCERN: The Town of Jupiter proposes to change the use of the land within the areas shown in the map in this advertisement. A Public Hearing on the proposals will be held before the Jupiter Town Council on April 7. 1 998, First Reading, and April 21, 1998, Second Readings at 7:00 PM in the Council Chambers, 210 Military Trail, Jupiter, Florida. . The Town Council shall consider on first reading, petitions to amend the Future Land Use Map of the Town's Comprehensive Plan for the properties shown on the map contained in this advertisement. Homeowners paid disposal fees to the Palm Beach County Solid Waste Authority as a special assessment on the annual property tax bill. The annual rate for assessments were: $151.00 $52.00 $52.00 Single Family Multi-family (4 units or less) Multi-family (more than 4 units) Ord. 8-98 Ord. 7-98 r j Commercial Refuse Service Costs for Fiscal Year 1996 - 1997 eisf -ffl i U A $63.31 0.00 FIXED RATE American Benefits Svcs, Inc DOl UC 9718459O0 LAKE WORTH DELRAY BEACH 432-0002 274-6700 j 1-800-246-1629 Refuse Collection Service Cost per ton Recycling (No program) Ord. No. 8.98 7.98 Proposed Future Land Use Town of Jupiter Residential Medium Town of Jupiter Residential Medium Applicant Town of Jupiter (Thelma Avenue Properties) Town of Jupiter (Center Street properties) Acres Current Future Land Use 2.24 PBCLR-3, Low Residential3 units per acre 3 99 P6C LR-2, Residential Low2 units per acre A portion of the annual disposal charge for commercial property is charged by the Solid Waste Authority to the Property owner as a special assessment on the annual property tax bill. The balance of the annual disposal charge is directly billed to the property owner as follows: Eg)! WDM? 'CALL 511 to check Fee per building square foot $0,014 0.037 0.199 the winning lottery Occupancy category Low Medium High Please take notice and be advised that if any interested person desires to appeal any decisions made by the Town Council with respect to any matter considered at this hearing, such interested person will need a record of the proceedings and, for such purposes, will need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. The full text of the above Ordinances and complete Legal Descriptions may be inspected by the Public at the Municipal Complex in the Town Clerk's office Monday through Friday. 8:00 AM to 5:00 PM. The above item(s) may be postponed or withdrawn without prior notice. If you have any questions, please contact Planning & Zoning Administration at (561) 746-5134. s Vicki Reeve, Secretary s Karen J. Golonka, Mayor PUBUSH: March 31, 1998 numbers! It's only 50C a call to check! Just CALL 5-1-1, then tenter code 1008. The categories are determined by the Solid Waste Authority. iisSl ! 3 11 " PUBLISH: March 31, 1998

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