Palacios Beacon (Palacios, Tex.), Vol. 87, No. 31, Ed. 1 Wednesday, August 3, 1994 Page: 3 of 12
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Getting Into The Sivhig At Center
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Palacios Beacon-Wed., Aug. 3,1994-Page 3
>>•
Senior Center participants ‘rock’
when they flashback to the 50’s
Y LEITA HOOPER
BY LEITI
Palacios
flWKxmStHWHfr
Before television, credit cards and mi-
crowaves, couples married fust and then lived
. together. A 'chip' was a small piece of wood,
'hardware' was found at the local hardware
store and the term 'software' didn't even exist.
"Remember the Fifties" was the theme at
Numbered 'necklaces' were given to every-
Prizes included
one for several drawings held.
r* -d
nickel phone calls and Chevy’s
brand new and the 11-cent gas bought to fill
up the tank.
Tommie jfOlleson provided much of the
tjnusic, "Secret Love," "Back /it the 5&‘$
^Tonight" and "/ Ain't Got a Home" just a few
>of the songs played to make everyone shake,
zens will be holding its annual BBQ and quilt
raffle at the East Bay boat ramp. Brisket and
chicken plates will sell for $5 and tickets for
the quilt raffle are $1 each.
Money raised will go to the Senior Cit-
izne’s Center. Volunteers for the fundraiser
are always welcome. The center is still look-
ing for donations of brisket, chicken and
cakes for the BBQ which will take place dur-
ing the Palacios Guunber of Commerce’s Fish
Fest. The senior's are hoping hungry fisher-
men and the after-church crowd will make
the i
BA offers loan restructuring
program to fishing industry
* The U.S. Small Business National Marine Fisheries Scr- nesses1 ability to survive*” said
k ^ministration (SBA) has vice (NMFS). This trend will Breedlove. "The independent
harvesting capacity matches ture their debt so they can
the available industry re- manage this difficult transition
sources. period."
According to NMFS, there SBA will perform a cash
are approximately 4,000 fish- flow analysis on each applicant
ermen with a revenue base of using the new catch limits rev-
$230 million that could be im- enues or other reasonable
pacted in the Texas and forecast of income as the first
Louisiana fishing areas of SBA step in evaluating an applica-
lched its Fishing Industry
Restructuring Initiative
I) in an effort to assist
If of Mexico, Pacific
mhwest and New England
Termen suffering from fi-
:ial woes because of re-
income levels.
James W. Breedlove, SBA
VI Administrator, said
new initiative will allow
ten and fish processor
applicants to restructure exist-
ing non-guaranteed debt with a
loan.
>roces-
fgh lev-
els of debt which has become
difficult to service because of
egion
Und<
VI.
tion. The maximum loan that
Jnder the restructuring ini- SBA will approve will the ex-
tiative, debt that exceeds the ceed the lesser of the amount
amount the applicant can rea- permitted under the standard
sonatdy expect to service, with
Ike significant reduction in in-
dome
ic resulting from "catch
limit" restrictions, the use of
turtle excluder devices and
Other changes mandateu by the
F
laDly expect
the reduced income levels will
be put on a standby basis un-
der the SBA guaranteed loan
or written off. "This practice
together with restructuring the
terms of the remaining debt
will enhance these small busi-
ormosa emissions
reduced 24-percent
V JU-
per
7(a) loan guarantee program
or the amount justified by the
cash flow analysis.
While this initiative repre-
sents a major program for fi-
nancial assistance to the com-
paratively stronger fishing op-
erations, many operators re-
quire significant injections of
equity capitol, not just a re-
structuring of existing debt.
These weaker operators prob-
ably will not qualify for assis-
tance under this program.
Definitive procedures and
Formosa's emissions for
1993 are down 24% from the
1^92 TRI emissions inventory
filed with the Environmental
Protection Agency (EPA) as
part of the Superfund
Amendment Reauthorization
(SARA). Of the 21 chemi-
Is in the 1993 report, For-
isa Plastics Corporation
it Comfort Texas Opera-
registered emission re-
ictions for 12 chemicals,
chemicals remained the
same, one new chemical was
added for 1993 due to the
startup of new plants. Five
chemicals showed increases.
The 1993 SARA emissions-
to-land fell 99% below the
1992 inventory for the For-
mosa Point Comfort Opera-
tions. This was a reduction of
23.S thousand pounds. Emis-
sions-to-water dropped 69%
(14.6 thousand pound reduc-
tion). Air emissions defined
9% (16.5 thousand pounds).
This resulted in emission re-
ductions totaling 54.& Thou-
sand pounds.
"we're very proud of these
environmental improvements,"
said Ken Mounger, General
Manager for the Point Comfort
Operations. "Some of these
guidance for working with the
, lenders or creditors who hold
are the result of great team ef- existing debt which applicants
forts, a lot of creative thinking, may nce<j to restructure are
and millions of dollars spent expected to be available
for technology aim reruroisn-
ing over the last three years at
the VCM-PVC plant"
Formosa is currently work-
ing on a program to com-
pletely eliminate the largest
category of emissions (80.4
thousand pounds released to
shortly. NMFS will also pro-
vide assistance to loan officers
in evaluating the impact of
fisheries management plans on
the income of loan applicants.
CofC program
t&SSSSS&g on living wills
(R-12). The greatest reduction mi j
in 1993 was a 23.6 thousand Set . 1 hursday
pound drop in methanol. The
biggest increase registered in A program on “Advance
the Formosa inventory was 1,2- Directives' Giving.wills) will
Dicholoroethane released to be presented at the monthly
air. This 15.5 thousand pound membership meeting of the
increase was partly due to the Palacios Chamber of Coro-
startup Of the new EDC Plant merce. The meeting will take
in the expansion.
place at 12 noon Thursday
(Aug. 4) at Petersen’s Restau-
rant.
Judy McCaughtry, social
worker at Palacios Bay Nursing
& Rehab will be the guest
speaker.
All members and other fn
terested individuals are en-
couraged to attend.
programs began as engineer-
ing studies in 1989, went
through budget approval by
management, and were then
developed by our engineering-
design group. After the units
were constructed and in {dace,
our operators fine-tuned the
units to maximum efficiency.
So these emission reductions
Matagorda County Women's
Crisis Center
If you are a victim of Family Violence
or Sexual Assault and need help call
408/245-8299 or
1-800-451-9235 24 Hour Hotline
A United Way Agency
l/‘
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West, Nicholas M. Palacios Beacon (Palacios, Tex.), Vol. 87, No. 31, Ed. 1 Wednesday, August 3, 1994, newspaper, August 3, 1994; Palacios, Texas. (https://texashistory.unt.edu/ark:/67531/metapth726636/m1/3/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Palacios Library.