Austin American-Statesman from Austin, Texas • 16

B2 Austin American-Statesman Tuesday, December 22, 1981 City calls for applications to refinance revenue debt ii ainaii iii wiiin ii declines in U.S. By PETE SZILAGYI American-Statesman Staff Lnw ri.n rtmA 0infA rna rniii in ro annno npiwpMn mf rVi IUC 111 91 WHIG HIV AVI WWII IU I WVl United States and Iran, the number of Iranians attending UJS. colleges and universities has declined, a national survey, reveals. ai me university oi lexas, nowever, ine numuer ui anion students remained steady at about 225. Station renamed NOW-CSW change ownership Hicks Communications Inc.

of Dallas has taken over ownership and operation of radio stations KNOW-AM and KCSW-FM. The company, which also owns radio stations in Dallas, Laredo, Port Arthur and Beaumont, purchased the Austin stations earlier this year. Vice president and general manager Joe Abernathy said the company will spend $250,000 to improve the stations' technical facilities. Abernathy said KCSW will be listed with the Federal Communications Commission as KEYI but will be known as KEY 103 FM. "The change to KEY 103 will make it easier for our listeners to remember the station's call letters, dial position and the fact that KEY is the only radio station in the market that plays music with high appeal among adults." KEY 103 will play "adult contemporary music" popular with people between the ages of 25 and 49, Abernathy said.

News, sports and weather also will be featured. Hicks spokesman Sandra Bigby said KNOW will retain its call letters but change to an "urban contemporary" format featuring such musical artists as Fleetwood Mac; George Benson; Earth, Wind Fire; Boz Scaggs; Kool and the Gang; the Isley Brothers; and Christopher Cross. U.S. higher-education enrollment figures for ihbi, compnea by the Institute of International Education, show that Iranian ei OTA 1M 1 nOA a AI RRA thin uflir CUIUlllIlClll UCU111CU 111 IOOV IV una By JANET WILSON American-Statesman Staff City officials today are mailing letters to investment banking firms and other financial institutions asking them to apply for the multimillion job of refinancing the city's utility revenue debt. The job could net some firm in excess of $2 million.

Refinancing is designed to help ease the sale of the city's 16 percent share of the South Texas Nuclear Project. But City Council members are still apprehensive "and a little nervous" about the city staff's proposal for the city to borrow about $550 million. The $550 million will be re-invested at a higher interest rate to retire the city's current $900 revenue debt. "I'm Just not sure this is what the city of Austin should be doing at this time," Mayor Carole Mc-Clellan said Monday. McClellan was the only council member present at a special meeting to discuss with city financial experts the letters which will be mailed today.

"Every time I ask a question I get a different answer to the same question," McClellan said. "I'm Just trying to understand it." City Finance Director Phil Scheps said he was "trying to make the mayor more comfortable with this. "That doesn't mean we are not giving factual Information," Scheps said later. "She has some concerns and is a little bit nervous about this. It's my job to give the council information to make the decision.

Scheps and Jim Kerley of First Southwest the city's financial adviser, are also nervous about the current market conditions and their effects on the proposed refinancing scheme. "The market is going with us now (compared) to last week," Kerley said. "If it changes too drastically, we can't do It (re-finance the bond debt) at all. We have that option." Firms interested in landing the job have until Jan. 6 to present proposals to the council.

The proposals will be evaluated, and the council will decide Jan. 14 whether to take the next step and contract for the Job. The group still represents the largest foreign group attending, college in the United States. Other countries with more than 10,000 students enrolled in this country are, in order of Taiwan, Nigeria, Canada Japan, Venezuela and Saudi Arabia. With 2,347 foreign students out of a total enrollment of Texas Southern University in Houston has the largest foreign, enrollment in the state and is fifth highest in the nation.

UT had 2,300 foreign students last term. Most of UT's foreign students are from Taiwan, with Hong' Knno inmn irnn nni Maiavcia Trailing in rnai oraer. a sdokcs-. man for the university's International Office said. rallfnrnla hoc tho mnet fnrpfon ctnrlpnts with 52.289.

That VUUiVi aMt vq state's universities are followed by New York, Texas, Florida and Massachussets schools in the number of foreign students. WT ffTT- ME DEPARTMENT STORES SALE PRICES GOOD DEC. 23 ONLY Sal BIGGER SAVINGS NOW ON HOLIDAY FASHIONS SPORTSWEAR FROM MANY FAMOUS MAKERS. GREAT GIFT ITEMS. LOTS OF FIRST QULAITY, ONE OF A KIND SAMPLES, SLIGHT IRREGULARS.

ALL ITEMS NOT ALWAYS AVAILABLE IN ALL PRICES OR SIZES OR IN ALL STORES. Sweaters, Shirts, Blouses, Tops Vests, Pants, Skirts, Men's Sweater Sale VALUES, IF PERFECT TO $25 3 off Cardigans, crews, v-necks. S-M-L-XL. OUR REG. 7.99 TO M2.99.

Jeans Blazers MADE TO SELL FOR $10 TO $30 S-M-L-XL, 5-13, 6-20. TICKETED TICKETED $4TOs8 TICKETED 20toj28 ticketed TO TO $18 MEN'S Dress Casual Slacks VALUES, IF PERFECT TO $35 100 texturized polyester and polyester blends. OUR OUR $2 $5 3 4 off off Off OUR $H88 $12.99 Ivr $11.99 $10.99...... $10.9 Dresses, Skirt Sets, Pant Sets, Knicker Sets, 1 1 MADE TO SELL FOR 130 TO $50 Jumpsuits MEN'S PULITZER FAMOUS MAKERS Long Sleeve Sport Shirts VALUES, IF PERFECT TO '30 Flannels, westerns or sport styles. OUR REG.

OUR OUR $16AN -99 REG. $799 we. 48 MEN'S BOYS' Pkg'd. Tube Socks White with stripe top. Sizes 10-13, 7-11.

Sizes 1412-24V2 $JL mo off '23 TO '40. TICKETED M.99 k3 3 Off f-- iBsaaneBsi I I kJ $15 Maternity Tops Pants $2 off Misses', Jrs, Girls' Coats Jackets ticketed Antique Satin Drapes IF PERFECT TO $50 Elegant unlined 2 ply yarn in decorator colors. SINGLE SINGLE Yi DOUBLE DOUBLE TRIPLE $88 $-88 $88 $-(J88 $2488 Made to sell for $40 to $80. $20 AND UP VJll Made 10 sell for $15 to J30. Girls" Dresses Skirt Sets SEEDED VOILE AND DACRON NINON Perfect quality.

alues to $6 81 "lengths White, beige and assorted pstels. OUR REG. $3.99.., Curtain Panels LADIES' AND Entire Stock! Christmas Robes VALUES TO $140 Ladies' and jrs. quilted, fleece and velour robes, With and without labels. Assorted stylessizes and colors: Ladies' Old Maine Trotters i 1 WHILE QUANTITIES LAST! PRICE (Vi OFF TICKETED PRICE) IRREGULARS TO '50 ENTRE $1-g9 Mostly genuine leather in 1981 CTfrV) 1 11 styles.

Most sizes 5 to 11. I ULIV! I Children's Shoes Fall Handbags IRREGULAR TO $16.95 IRREGULARS TO M6.95 TICKETED $1 nff $5.98 TO $8.98 I Ull Emeruade Perfume Spray .25 oz. in beautiful milk glass atomizer. Jfrzifcft FAMOUS ULTRA SHEER X'tt ILL kl vajiiiiui 1 up 1 mm INFANTS' AND TODDLERS' NEW YORK KIDS Girls' Coordinates BLOUSES SWEATERS PANTS OVERALLS Not all items in all sizes. -c unti Hhcp NINARICCI L'Air du-Temps Spray Eau de Toilette I ill II Vf P.A.T.XT.

"TOtf IF PERFECT 3.50 VI 999 TICKETED $J97 TICKETED 59 lloz. refillable. 15.