The Boerne Star (Boerne, Tex.), Vol. 97, No. 38, Ed. 1 Friday, May 10, 2002 Page: 10 of 28
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PAGE 10A
The BOERNE Star
FRIDAY, May 10, 2002
Boerne Real Estate Report
Local news and information available on the web:
www.phillipbell.net
Commercial ★ Development ★ Investment
RE/Max Associates-Boerne
Mobile 210-415-8483
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Phillip Bell
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Experienced Representation in
Complex Legal Matters
13 lawyers, 200 years of combined experience.
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WHEN EXPERIENCE
CAT TAT CD
COUNTS
333
1580 South Main, Suite 200 • Boerne
New tax laws offer incentives to those who plan ahead for college funding.
529 college savings plans:
I Earnings that are not taxed as they grow;
I Generous contribution limits;
I Control over the assets; and
I Tax-free withdrawals for qualified higher education expenses.
Call or stop by today
to learn more.
Edward Jones
Serving Individual Investors Since 1871
Ron Warden
(830) 249-8286
215 W. Bandera
(behind Blockbuster Video)
Boerne, TX 78006
www.edwardjones.com
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There was
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You still can.
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SUBSCRIBE TO THE STAR TODAY! 249-2441
Backroads
Books to
showcase
Dude Wrangler
Cookbook
BANDERA - Backroads Books
in Bandera introduces The Dude
Wrangler Cookbook from the Dixie
Dude Ranch on Friday, May 17 from
3 - 5 p.m.
Compiled by Diane Conoly of the
Dixie Dude, The Dude Wrangler
Cookbook features delicious ranch
recipes, historical photos from the
ranch, and Bandera history.
Beginning in 1949, the ranch pub-
lished a quarterly magazine titled The
Dude Wrangler that was edited by
Mrs. D.H. Crowell and Mrs. Ruth
Rhodes. Cowboy Artist Bud
Fitzpatrick provided illustrations.
Selections from the magazine are
included in the cookbook.
Diane and Clay Conoly own and
operate the Dixie Dude Ranch in
Bandera. Their sons, Alec and Sharp,
are the fifth generation of the family
Diane and Clay Conoly and sons, Alec and Sharp, of the Dixie Dude Ranch.
on the ranch since 1901. Dude ranch opera- Cedar Street in Bandera. Call 830.796.7748
tions began in 1937. for more information.
Backroads Books is located at 1107
Plan now to invest right for
your children’s future
When
saving for col-
lege, you've
got some good
choices if
FINANCIAL FOCUS
you're going to
invest for your
children's col-
lege education
- and you should - then you need
to make some decisions.
Ron Warden
INVESTMENT
REPRESENTATIVE,
reach 14, all
their invest-
ment income
is taxed at
their rate.
You will
EDWARD JONES have to
INVESTMENTS weigh the
potential tax
benefits of an UGMA/-UTMA
account against another factor:
Specifically, which types of loss of control. While your chil-
investments should you use?
Fortunately, you've got a lot of
options. Let's look at a few of
them.
UGMA/UTMA - You can set
up a custodial account - as
established by either the
Uniform Gift to Minors Act
(UGMA) or the Uniform
Transfers to Minors Act
(UTMA). This type of account
may offer you some tax advan-
tages. In an UGMA or UTMA
account, the first $750 of invest-
ment income is tax-free to a
child under 14; the next $750 is
taxed at the child's rate, and any
amount over $1,500 will be
taxed at your rate. After children
dren are minors, you can still
control the account, but once
they reach the age of majority,
then the money is theirs to do
with as they please.
Section 529 plans - In recent
years, Section 529 plans -
named after the section of the
Internal Revenue Code autho-
rizing these accounts - have
drawn a lot of attention. Section
529 plans are available in two
different versions: a pre-paid
tuition program and a tax-
deferred savings plan. Of the
two, the savings plan version,
because of its greater flexibility,
has become more popular.
And now, thanks to recent
tax law changes, the savings
plan offers even greater bene-
fits. Specifically, all with-
drawals used for qualified edu-
cation costs will be totally tax-
free, as long as the money is
used for the college or graduate
school expenses of the benefi-
ciary you've named - your child
or grandchild. When you estab-
lish a Section 529 plan, you
don't relinquish control over
your contributions until you're
ready. You decide who will get
the money, when they'll get the
money, and what they can use it
for. You can even change the
beneficiary to another family
member.
Coverdell Savings Plan -
The Coverdell Savings Plan
(formerly known as the
Education IRA) offers you
another college-savings option.
A Coverdell plan gives you
many investment options -
stocks, bonds, certificates of
deposit, etc. And effective in
2002, if you meet certain
income limits, you can con-
tribute $2,000 a year to a
Coverdell Savings Plan, up
from just $500 in previous
years.
Your contributions to a
Coverdell Savings Plan are not
tax-deductible, but all earnings
and withdrawals are tax-free,
provided you use the money for
qualified education expenses.
However, any non-education
withdrawals from a Coverdell
plan, as with a Section 529, may
be subject to a 10 percent penal-
ty-
No matter how you save and
invest - whether in a custodial
account, a Section 529 plan or a
Coverdell Savings Plan - make
sure you do save and invest. /
College is already expensive,
and costs continue to rise rapid-
ly. And, even if your children
don't go to college, they'll prob-
ably need some help along the
way - a down payment for a
house, money to start a busi-
ness, etc. By investing regularly,
you can help your kids get off to
a good start in the adult world -
and that's a goal worth support-
ing.
Oasis Bar and Grill at Medina
Lake offers food and atmosphere
The story of Medina Lake Medina Lake and has long
added a new chapter to its long been an admirer of the area. Dr.
history in the Texas Hill Boskind recently built a new
Country with the opening of a waterfront home and realized a
new restaurant. The Oasis Bar need for a new community-cen-
& Grill at Medina Lake, opened tered gathering location offer-
Easter weekend on March 29. ing full bar and restaurant ser-
This totally new addition to vice, live entertainment, and a
the scenic landscape features a venue for receptions and
diverse menu, open decks, full events. This unique, and previ-
service bar, dance floor, and ously undeveloped 25+ acre
beautiful sunsets appearing tract of land makes for a beauti-
nightly. Just east of the Medina ful setting as it sits right on a
dam in the small community of bluff at the water’s edge and
Mico, on CR 271, about 15 features a panoramic view of
minutes from 1604 and Culbera the lake, dam, and the beautiful
in San Antonio. The Oasis Bar Texas Hill Country sunsets.
& Grill at Medina Lake creates The Oasis Bar & Grill at
a new and important wave in Medina Lake secured two pro-
the life of Medina Lake, as well fessionals in the hospitality and
as progressive development in culinary arts industry to
the outskirts of far Northwest enhance the operations and
San Antonio. overall dining experience.
Not since the building of the Executive Chef, Robert
Medina Dam in 1911-1912 has George, comes to the Oasis Bar
there been such an exciting pro- & Grill by way of Ontario,
ject in the Medina Lake com- Canada’s awarding winning
munity. This newly constructed Jump Restaurant and Sandals
facility is the first stage of a Resorts in Jamaica. Chef
long-term development project George, being of French-
for this property, which is situ- Canadian and Jamaican decent,
ated between two active mari- brings a unique flavor to the
nas. venue culinary experience. In
The CEO and owner of the addition, Robert Mayes, the
Oasis Bar & Grill, Dr. Paul General Manager, has over 14
Alan Boskind, a native of San years in the hospitality industry
Antonio, grew up visiting specializing in food and bever-
age operations, and staff train-
ing. Mayes honed his manage-
ment skills at the legendary
Fairmount Hotel in San
Antonio before proceeding to
open over twenty restaurants
throughout the Caribbean,
including four in Varadero,
Cuba.
The Oasis Bar & Grill will
be open daily beginning March
29, serving lunch through din-
ner with a brunch on Sundays.
The full service bars will be
available until midnight Sunday
through Thursday, and until 2
a.m. on Friday and Saturday
with live music on the week-
ends. Both the indoor and out-
door bars will feature beer, a
well-rounded wine list, and a
full array of cocktail drinks.
The restaurant will be open
Monday through Saturday at 11
a.m. The featured buffet will
be available for Sunday brunch
from 10:30 a.m. until 2 p.m.,
including the regular menu.
Executive Chef George
brings a menu that offers a
unique blend of international
“comfort” cuisine, uniting the
hearty robust flavors of simple
foods from around the world
with premium steaks and
seafood, and keeping spices
specific and clean in flavor. A
favorite menu item is sure to be
The Oasis Bar & Grill’s
Chicken and Sausage Gumbo,
which took 1st Place in the
Medina Lake Cajun Festival
Gumbo Cook-Off in September
2001.
This beautiful restaurant has
a total seating capacity of 350;
seating 150 persons indoors and
up to an additional 200-person
capacity outdoors, with each
seat providing a splendid view
of the sunset on the lake. In
addition, The Oasis Bar & Grill
at Medina Lake also boasts a
newly constructed boat dock
with twelve slips giving water
access to anyone wishing to
come enjoy drinks or a meal
right off the lake. The Oasis
Bar & Grill will be relaxed
enough to enjoy in jeans or
other casual attire, and with the f
diverse menu, the dining expe-
rience will appeal to the most
easy-going guest as well as the
sophisticated world traveler.
For more information please
see our Web site at www.medi-
nalake.com or e-mail The Oasis
Bar & Grill at Medina Lake
at:info@oasismedinalake.com.
The Oasis Bar & Grill at
Medina Lake can also be
reached at (830) 612-3399 or
(210) 615-3423. ’
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Keasling, Edna. The Boerne Star (Boerne, Tex.), Vol. 97, No. 38, Ed. 1 Friday, May 10, 2002, newspaper, May 10, 2002; Boerne, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1650506/m1/10/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Patrick Heath Public Library.