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University Daily Kansan, September 26, 1984
Page 2
CAMPUS AND AREA
New sewage plan approved
By CHRIS BARBER Staff Reporter
A program that may save the city more than $400,000 on water and sewage bond payments was approved last night by the Lawrence City Commission.
Stern Brothers & Co., a Kansas City, Mo., investment company, proposed a plan which involves issuing new bonds, investing them and receiving returns at the going market rate, said Jack Holland, a vice-president of the company.
This money would then be used to offset payments on the old bonds, Holland said.
Houlihan said,
"It's pretty hard to turn down a $400,000 savings," said Lawrence Mavor Ernest Angino.
THE ACTION LAST night allow City Manager Buford Watson to sign a letter of agreement to proceed with Stern Brothers in preparing the program.
In other action, the commission adopted a change in Lawrence's sign ordinance concerning the issuance of temporary sign permits. This change was brought up at last week's commission study session.
commission. The amendment says that a business may obtain a 30-day permit only once a year. Mike Wildgen, assistant city manager, said the old ordinance had not been restrictive enough.
"In the past, a business could get 30-day permits 12 times a year," he said.
said.
THE COMMISSION ALSO accepted a revised edition of the 1982 Uniform Fire Code for Lawrence. Jim McSain, Lawrence fire chief, said one of the main changes in the code was a requirement for permits for heating devices such as wood-burning stoves.
Commissioner Nancy Shontz said she was concerned about Lawrence residents being made aware of the new requirements. McSain said he had plans for distributing materials to inform people.
"The main problem is with installations that are not done properly." McSwain said. "In six years, I haven't seen a failure in a properly installed fireplace."
fireplace. The commission also acknowledged receiving a letter from Sunflower Cablevision President Dave Clark concerning impending changes in rates.
THE CHANGES INVOLVE compiling what has been called basic and extended service, providing basic service with eight more channels at a $2.40 increase in their monthly bills. Customers already carrying extended service will see a drop in their bill from $11 to $10.40.
their bill request.
Clark said the change was prompted by recent changes in Federal Communications Commission standards, and by the advent of "cable-ready" televisions. Cable-ready televisions are able to pick up extended service without a subscription, he said.
Local utility agrees to sell
By the Kansan Staff
An agreement to sell the Kansas Public Service Co. to a Raytown, Mo., utility company was signed Monday, the president of KPS said yesterday.
Bill Salome, the president, said the sale of the gas company to the Missouri Public Service Co. was the decision of KPS owners.
He said the sale would not change the operation of the privately owned Lawrence utility.
LAWRENCE UNITY.
"From what the Missouri Public Service Co. says, they're going to keep all the employees on that were there, and they're going to operate just as before." Salome said.
The sale of KPS to the Missouri Public Service Co. must be approved by the Lawrence City Commission and the Missouri Public Service Commission.
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