University Daily Kansan, March 5, 1984 CAMPUS.AND AREA Page 8 Accident injures five students; man cited on several charges By the Kansan Staff A KU student was treated and admitted at Lawrence Memorial Hospital, and four other students were treated and released after a car accident early Saturday morning, a spokesman at the hospital said yesterday. Adam Crane, Shawnee sophomore, was released late Saturday and Julie Hill. Ottawa freshman; Anne Armantrout, Glen Elllyn, Ill.; freshman; Elizabeth Abbashi, Omaha, Neb., freshman; and Stephen Scheetz, Gladstone, Mo., freshman, were released soon after they were treated for minor injuries, the spokesman said. According to Lawrence police reports, the students were in a car, driven by Hill, that collided with a car driven by Fred D. Auck, 36, 1900 W, 31 St., at 12:15 a.m. Saturday at the intersection of Ninth and Tennessee streets. Reports show that Hill's car was approaching the intersection when Auck's car did not stop at the light and hit Hill's car. After hitting Hill's car, Auck's vehicle slid across the intersection and struck a traffic light pole, shearing it off at ground level, the report said. After striking the pole, Auck left the scene but was apprehended by a Lawrence police officer who witnessed the accident, the report said. Auck was cited for driving while intoxicated, violation of a traffic signal, no driver's license, leaving the scene of an injury accident, and obstruction of the legal process, Lawrence police said. Merchants are against House tax bill By ROBIN PALMER Staff Reporter The Board of Directors of the Lawrence Chamber of Commerce recently passed a resolution opposing a House bill that would spread tax revenue from electric plants to districts that are served by the plant, a Chamber of Commerce official said Friday. The board also passed two resolutions last week that support the taxing and banking legislation now before the House and Senate. The House bill would distribute 75 percent of the tax revenue from property taxes paid by the Kansas Power and Light Co. plant that operates north of Lawrence to other districts. Douglas County now receives all of the tax revenue from the plant. The Taxation and Assessment Committee tabled the bill Thursday, recommending that the Legislative Coordinating Council complete an interstudy on the issue, said Marty Robison, secretary for the chairman of the Taxation and Assessment Committee. THE SECOND resolution supported the use of trending factors in the taxation of personal property, but Ann Wiklund, director for membership and community affairs, said that the chamber thought the system needed a more equitable method of assessing property. Trending factors use original costs and updated prices from the Consumer Price Index to establish values for inventory and equipment for taxing purposes. "The current method extends the useful value beyond the actual life of highly technological machinery," Wiklund said. The current depreciation schedule lessens the actual value of used or old materials. She said that the use of trending factors with the current method of valuation was discouraging businesses from entering the state because on personal property did not reflect the actual valuation of equipment. WIKLUND SAID THAT the third resolution supporting legislation to create multi-bank holdings was important because it would allow large companies to obtain the financing they needed in Kansas. Kansas is the only state that does not allow banks to own more than one bank, she said. Therefore, the banks need to develop the financial ability to support a large loan to companies that want to establish business dealings in Kansas. Student is arrested for reported rape By the Kansan Staff A 20-year-old KU student was arrested Saturday on charges of charge, aggravated sodomy and unlawful restraint in connection with an incident that occurred Friday morning at Jayhawker Towers, 1603 W. 15th St. After she reported the incident, the victim was taken to Lawrence Memorial Hospital where she was treated and released, police said. KU police said the rape was reported by the victim, also a KU student, at 4 a.m. Friday after the alleged assault took place in the suspect's apartment. Both the suspect and the victim live at Jayhawk Towers, police said. The suspect has been jailed since Saturday, and his bond has been set at $55,500. jail records show. The suspect was arrested in Douglas County District Court today. Summer Jobs $3000.00 and up for the summer! Large midwest corporation has openings for the summer in the following communities. 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