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Asheville Citizen-Times from Asheville, North Carolina • Page 13

Location:
Asheville, North Carolina
Issue Date:
Page:
13
Extracted Article Text (OCR)

THE ASHFVTT J.F HTTT7RN Local News Wednesday. Feb. 22, 1984 Section Two, Page 13 si LMers Approve 5 Mttion For South Pack for the downtown pro Jecta to proceed. City officials Identified the ah landing aUtubons that have committed to private find ing for Pack Square as First Federal Savings and Loan, First Union National Bank, Wachovia Bank and Trust Co, Blue Rids Saving: and Loan, Clyde Federal Saving and Lou and iMonnwestern Bank. i the banks, but there's still approximately fl million left uncommitted," Bratton sakt "We need to find out tomorrow (Wednesday) whether we will have the commitmenta from the other two banks or if there are other ways the ($1 million) gap can be closed." Bratton said the city baa received new m- formation on the financial statu of theprol-ects "almost hourly in the last few days.

This is a minute-by-minute situation, and keep changing. IU come In about 7 aJn. Wednesday and see what's happened overnight, and I'll keep checking every hour until the noon meeting to see what has occurred." Another issue that will be considered by the council Wednesday Is a resolution of Intent to issue ud to 18.5 million In redevelopment The money will be loaned to. Schnel Bob Terrell Nine developer of the project. "We're about percent then and we're; aspects of the project The only step remaining before that financial package is completed la for the developers to obtain a commitment from a bank or banks to buy the bond when they are Issued.

City officials said they expected those commitments to be in place Wednesday or Thursday. In related action Wednesday, City Council and the Buncombe County Board of Commissioners are scheduled to consider resolutions concerning "memorandums of understanding" with the Wall Street developers spedfiying the obligations of the city, the county and the developers. The final details of the contracts are scheduled to be completed early Wednesday. The commissioners will meet at 10 a.m. Wednesday to consider the document, and council members will vote on the contract at their noon meeting A similar contract between the South Pack developers and the local governments will be considered later.

The memorandums of understanding are not required to be included in the UDAG application. AMAMAMAKI v'Mm i Six' local financial UMtituUoas 'agreed Tuesday to lend approximately mttkon to developers of the South Pack square project, leaving a gap of approximately mUHon the financial package that must be completed by Thursday. Aahevllle City Council held several dosed-door meeting Tuesday to discuss the latest financial develepmeaes in the South Pack project and a separate downtown project Involving the Wall Street area, Tlievcewicfl deddad lata Tuesday afternoon to bold a special meeting at noon day to complete details of the private financing for both proposals. Commitments for private financial participation must be in the city's hands early Thursday so, they can be hand-delivered to the VS. Department of Housing and Urban Development's offices in Greensboro by Thursday afternoon.

commitmenta are required as part of a JIM million Urban Development Ac-. Iran Grant application that must be approved insUtutions," said John D. Ellis, vice president: Shrunken Head HjVo Tourist Hype of Wachovia Bank and a spokesman for tbel 4. 1' 1 'doht remember ever seeing a conaoruum oi oanxs worxmg won ine souin Pack project "That's abtut all I can say at this timer Vice Mayor WUhelmina Bratton said the meeting Wednesday 1 mostly to gather the bonds to help finance the Wall Street project If other components of the financial package are put into place. The Ashevllle Housing Authority, acting as the city's redevelopment agent, would In turn loan the money to Southeastern Historic -Properties, one of the developers of the project.

NCNB Community Development, the other developer, will be involved in other acts ana iigurea on what we need to get together at the Uth hour. There are several loose ends remaining, and this is such a massive project that I felt we needed the meeting Wednesday to tie those loose ends up. "We've gotten commitmenta from six of m4 White Collar Crime Is vA. A i "4 -f-V i 4 S- i if ''v. I I shrunken bead before.

Jim Bryant of Black Mounlalri brought In one In a bottle; and there was no doubt what It was. It wai the size of a goose egg, and It was a real bead. This waa shrunk by the Dayak beadhunters of Jim said. "How they shrunk them, I dont know. I got this one from a British soldier In Europe 40 years ago.

He bad gotten It in Borneo." I dont know how the Dyaks shrunk the heads, either, but during the process they dissolved all the bone in the head, and then the skin shrunk. This one was not shriveled; il was merely shrunk. Shrunken heads should' be 're-' volting, but this one was not It was not one of those that bang by the i hair, with needielike sticks piercing the lips to bold the mouth together. Many of those are fakes, manufactured for the tourist trade. This one was simply shrunk and dried.

It was still almost flesh col-. ored. i Jim Bryant is a Baptist preacher. He is 81 years old and has been -preaching "I hadn't seen this head for years," he sakt "I didn't know whether I had tost It, but one day i when I had some time I looked for it until I found it It was like reuniting with a long-lost friend." So, what would one do with a i shrunken head? Display it on the cof-; fee table? No." said jflm. "Im gonna keep, 5 this head till I decide to sell then.

HI let it go to thejiighest bWdeir avjr1 ,5 'Jt It" 5" -aji. FBI Agent Tells Area Accountants By PAUL CLARK Sttff Writer White collar crime as evidenced by the vote-buying scandal in Clay County is on the rise In North Carolina, an FBI spokesman told a group of area accountants Tuesday. The phenomena involves more money than politics, however, said Robert L. Pence, special agent in charge of the FBI in North Carolina, in an Interview before his talk to the Ashevllle Chapter of the National Association of Accountants at Raks Restaurant at Asheville Airport. The average instance of computer crime involves the illegal transfer of 0621,000.

On the average, computer crime, nets its organizers 10 times as much as does armed robbery. According the the National Chamber of Commerce, white collar crime amounted to more 040 billion last year. "And that may just be the tip of the iceberg," Pence said. "Other estimates take it as high as $200 billion. a-A.

Wr4 "MBk3Bl 5 PMtkiraoa scott Its probably the biggest money- offered to help plow with their mule. Plowing are Mrs. Ledford's eater of crimes we've SPRING PLOWING Nell and Ira Ledf ord of Franklin get a lot of help with their spring plowing. Several people stopped Tuesday and broiner wooarow bjiope, teii, ana rrea sianiey ai me reins. 1 Industry Wanted you were a bird flying over? Plsgah a few weeks from now; you might be surprised by the new music coming from the tower.

The unofficial word has it that recent sale of radio station to WISE will result in major changes of format in the not-; too-distant future, with the major change being that WISE's rock music will be switched to the much "stronger FM station and WLOS's easy listening music wUl be put on WISE-AM. Reason for the switch, It was ex- plained, is that WISE's rock music could attract more listeners and ac- counts If It were on a more powerful station. 'i WLOS has thatpower.lt Is rated the No. 2 station in the area, behind What ie more responsible for ratings, 'power or format? Format has a lot to do with it, but the overriding factor, say most radio people, Is power. Conference Told Promotion And Support Needed I.

been the No. 1 goal of Ms seven years-ast program were Assistant Secretary of Commerce governor. -c i Miles Smith, Secretary of Natural Resources and "We have developed a comprehensive strat- Community Development James A. Summers, egy for North Carolina's economic future, one that btecretary of Administration Jane S. Patterson and will enable us to create jobs and growth In a com-1 Secretary of Transportation William R.

Roberson. petitive world," Hunt said. James Woodard, secretary of corrections, From SurH Reports Gov. Jim Hunt and an economic development conference were told Tuesday that while the mountain region has had significant developments in transportation and improvements at all levels of its educational system, the major need now is support and promotion to bring industry to the area. fhanrpllnr RnMnwm At UMtArn Pam.

"mow is ine ume iot us 10 come logeuier ti was in ine auoence. Charles C. Flack, chairman of WNC Tomor state, local and federal Kovernments, business and row; presided. Flack said there will be setbacks as the organization and the region works to attain its education to set North Carolina on a course that, will mean successful long-term, economic growth zoals for the future. But, he added, "We should be in ine 19BW, uk limn una ine iim Lable to maintain our momentum because we are ITiuluauy supportive.

White collar criminals, who the FBI profile as being educated and settled, are hard to uncover because their actions are subtle. And when they are caught their own companies are sometimes reluctant to turn them over to police. Businesses would rather "cover it up because it makes them look bad (to) their shareholders and boards of directors," Pence said. Millions of dollars In North Carolina have been diverted primarily by middle management employees, who Pence said are especially vulnerable to the temptations of white collar crime. Largely responsible for most of the redirected funds are middle management employees who have access to company financial records, he said.

The FBI directs most of its effort Into scams involving federal programs. Pence said Tops on its investigation list are frauds involving Medicare, Comprehensive Employment Training Act (CETA), the Federal Housing Authority and small business loans. Pence said one doctor submitted so many Medicare claims that he would have had to treat one patient every 12 seconds. Credit card fraud Is one of "the scariest and fastest growing while collar schemes we're finding," Pence said, but can be slowed by the consumers themselves. Making sure that all carbon copies of credit card purchases are delivered to the card owner can prevent the card numbers from falling in the wrong hands.

"They're taking the numbers Garrison III I Una University said the overall Intent of the state "must be designed to bring the western counties of Old-time sport followers bare North Carolina to a position of parity with the bal- will remetnoer'wilton Garrison, re- jnce of the state and nation. While progress has tired sports editor of The Charlotte madeJn otZr (. r.v ih. rhrui. i bl gap between this region and the rest of the in addition to Hontnson, regional speakers in-hided Joseoh H.

Nannev. nresidenl of Haywood technical College, and Don Michalove, mayor of nooinson sum, ne Hraujr icvi uuxi mat region has not received the attention that has been experienced by regions In the Piedmont including -the Research Triangle." Most unemployed people in the region, and others entering the job market for the first time, are not prepared for current advances in technology, he said. Robinson said the region also has a special problem because of the seasonal nature of rf llendersonville. 1 Hunt said. "Jobs have been the number one Soal of my seven years as governor.

So we have uphasized good schools, good roads, the travel columnist, reported last week that WUt had suffered a mild heart attack as he and his wife, Eudora, were on a Caribbean cruise. Hospitalized in Kingston, Jamaica, for a few day, industry, water and sewer services, managing naz- travel and tourism, a mainstay of the WNC econo- Western North Carolina is growing faster man the rest of the state, he said, "but the heavy dependence of the region on textile as a major employer has resulted In substantial unemployment during periods of recession." Robinson said two essential goals for Western North Carolina are more and better Job and high-quality appropriate educalionv These goals, he aakL "reflect the most preas-Ing needs of this reajon" and Ih lonistandbui de my. He said any potentially successful economic uroous waste, aovances in microelectronics au development strategy must account for people af- Mi'ps that have promoted economic growth, fected by the seasonal nature of that industry. As leaders in this region, you have put West-Robinson Is chairman of the emplojrmeat efn North Carolina on that course already, portunitie committee of Western North Carolina tl trough Western North Carolina Tomorrow, the Wilt was then flown to Charlotte where he checked Into Hospital rA --if I DlMwuntBook' Tomorrow, ww tomorrow ana ine nrni, unw inier lor improving mounuun uving ana nesi- Associated Communities." opera Association were sponsors of the confer. sire of the residents of Wester North Carolina to "You have a strong education system on tAt 'ChrWiria of kW i participate In the economic growth the 'Greensboro DaUy New.

sportaodltor wl ch to build, community colleges, technical col- tott I and institutions of higher education like ence. At the conference were elected official, business leader and representatives of education from all of the II western counties. Also on the state administration side of the Smith RirriM' and Grandfallwr. v' wwwmiraw ii Western Carolina University, la the Inn on the Plaza members of Ms cabinet and other governmental specialists, laid job have Mak Hill College and Warren Wilson College." Mountain major domo Hugh Morton did a coffee table book on AtlanUc Coast Conference "'bsalnKbai-' (Smith' word, Hugh's pictures), i The book was so limited lnquan-tKy thai hundreds of people, espe- 'dally her the moumains, dklnt Bimcoiiibe Board Backs 's-v 'V a chanc bay on. firmed its opinion that th new hatf- and Randolph elementary scholia.

BlakeMiMonof Candler sptK in It tea gram record or 7 a ilietball tram beginning through MX, filled with photo of pUyertllk TheBuincornbeCounty Boardof favor of the school bond relet ti IIUIIO, out calling it "a goMm opportunityt critlsed msMenaace nrotl MM recently publicised at "EE suraWea a 1 iinisirasi aawi rrk. TuwliV Uw iTLiDiM school bmrf jr.TTT'. ifir. Krch 1J, whtte emshaaalng that no available agate a redsced arte. la other business, the board: Agreed to hire a consultant for 10,000 to study a new communications system for th sheriffs department A new system to provide better radio coverage to outlying areas such aa BarnardxvtBe, sandy Mush and Broad River ha been estimated to cost between 0383,000 and 0430,000.

Asked the recreation department to prepare specifications for a School He ashed (or witi be 'lew taxes should be needed to pay that the proposed new schools 1 adequately maintained. from your Visa cards and embossing them on blank cards," he said. He said thieves may be working In collusion with store owners who, knowing the cards to be false, accept them for large purchase. The owners then cash In the card receipts at a bank and give a share of the money to the cardholder. Pence said.

Banks, who suffer the millions of dollars lost to credit card fraud, pass the losses to their customers in the form of higher usage rates, Pence said. But penalties for anyone caught are slight Pence said. An armed bank robber may get 14 years, but a hacker who breaks into a bank's computer codes and transfers money to his own account is likely to get a suspended sentence. cent local sales tax created by lb ilM General Assembly should pay off the interest and principal of th (xftoolconstntctlonbond. Chairman Curtis Ratcttff and commHrirmm Jesse Ledbetter, J.D.

Jackson and Doris Gkrtsentanner ex- pressed support for passage of th bond. Kaue. Comnusiaoner Robert Riddle was absent from the meettag. if approved at the pou, th million bond tarn would go toward construction of new Enka and North Buncombe high school and a new Vance Egmetary School with th Barrier and Morton donated VON of the books to tbt North Cm-aria HaQ of Fame, to be mod tor fun- "Elected officials many ylirs am were remiss in their dutle I to Instead of the original lake care of the schools," replied Mrs. Gtetzentanner.

I 010,000 Bicycle Moto-Cross race course at the Skyland Recreation of f) Ledbetter, vice chairman 011 ine maeouonem Some -otari have been cooraeed by th language on the referendum ballot, which add th required iega-lese of "autlmrwai the levy of taxes." The languagel needed mder state law and to last the attactiv-ness of the bond buyers, accord-; tag to bond tswyers coneulted by County Attorney KeHh Sawder. In a resolution, th fenri commission, said he would be "very Center. The county would construct vitally Interested" in the details the course the leas it for manage-th school budget Jackson echooi ment to a local group. Enthusiasts of sat concern over school matnu-' the sport hope to have the dirt race next three years. Major WIS price, the hall I settng the Books for 110, plus fl postag.

1 ti They can be ordered by fwdbj chock or money order lor to th North Carolina Sport all of Fame, ruJunaa Drive, Raleigh, N.C. 1701 K. ment are also slated for Owe it 1 i.

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About Asheville Citizen-Times Archive

Pages Available:
1,691,309
Years Available:
1885-2024