The Bastrop Advertiser (Bastrop, Tex.), Vol. 139, No. 8, Ed. 1 Saturday, March 28, 1992 Page: 14 of 16
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I
THE BASTROP ADVERTISER
Saturday, March 28,1992
Business
LCRA seeks to refund $5.6 million to wholesalers
The Lower Colorado River
Authority plans to ask state
regulators to approve a fuel-rate
refund of more than $5.6 million
because fuel costs have been
cheaper than projected.
The LCRA Board of Directors
directed the staff to seek a refund
at its meeting March 19. The
money will be returned to the
LCRA’s 44 wholesale customers
who serve some 850,000 Central
Texans in 41 counties, Most of the
refund has’been produced since
December by the substitution of
cheaper hydroelectric power for
fossil-fuel power.
The hydro-power was produced
by LCRA’s 13 generating units on
the Colorado River. The units
have produced power for more
than 90 consecutive days, the
Homebuying increases
They’re back. .First-time
homebuyers are once again a fac-
tor in the Texas real estate
market.
“More than half the existing
homes sold by Multiple Listing
Services (MLS) in major Texas
cities in 1991 were $69,999 or less”
said Ted C. Jones, chief
economist for the Real Estate
Center at Texas A&M University.
‘Numbers for 1991 show buyers
active in the lower price ranges”
Nearly 12,000 homes were sold
in the $40,000-$49,999 range alone.
That was 12.2 percent of all ex-
isting home sales for the year.
Another 10.9 percent of all homes
sold during the year were priced
at $50,000-$59,999.
“An upsurge in first-time pur-
chases ' has ramifications
throughout the real estate in-
dustry,” said Jones. “Move-up
buyers begin to purchase when
they have someone to sell their
existing home to.”
Home sales in the
$70,000-$99,999 range represented
22.6 percent of residential market
activity in 1991, said Jones. At the
top of the market, homes selling
for $200,000 and more were 6.1
percent of all sales.
“There were 6,700 MLS sales in
December” said Jones, “bringing
the 1991 total to more than
$96,500.”
longest continual run in the
Highland Lakes’ 50-year history.
“The rains that have been
lashing Central Texas since
December have caused a lot of
grief and worry for many
residents along the river and
some extra expense for the
LCRA,” said General Manager
Mark Rose. “But they also have
sent pennies from heaven in
terms of hydroelectric power.
Now we can return the benefits to
our customers.”
More than 352,000 megawatt-
hours of hydroelectric power have
been produced during the record
operation. In February, the LCRA
produced more electric power
from its 50-year-old hydro-plants
than from its newest coal and
lignite-burning power plant.
Hydro accounted for 25 percent
of the system’s total requirements
in power from hydroelectric
plants at six dams.
Rose said the record of hydro
plants testifies to the quality of
LCRA’s personnel. “These tur-
bines are turning on the bearings
installed when Franklin D.
Roosevelt was president. Our
folks have always maintained this
machinery with respect. We’ve
put some money into remote-
control modernization of the
dams. But basically, the refund is
the result of good people doing a
good job.”
Another reason for the fuel-rate
refund is falling natural gas
prices, which account for less
than one-third of the refund. The
LCRA in 1989 and 1990 had the
lowest fossil-fuel rates in the state
among electric utilities.
The exact size of the refund is
not known because the LCRA will
not file for the refund until Mid-
April. By that time, the full extent
of the hydroelectric benefit will
be determined.
Until the money is refunded to
the cooperatives and cities that
purchase power from the LCRA,
the amount will accrue interest
that will be added to the refund.
The timing of the refund is up to
the Texas Public Utility
Commission.
PUC rules require the state’s
electric utilities to file a refund
application when a utility has
built up a surplus of four percent
over actual fuel expenses. The
LCRA application will cover a
period from November 1989 to
February 1992.
Utilties in Texas to collect rates
adequate to cover their fuel bills,
plus a base amount necessary to
operate their systems. The two
rates are kept separate.
The LCRA froze ijts base elec-
tric rates last year and told the
PUC it would not ask for higher
base rates for at least three years.
The LCRA plans to extend the
rate freeze until Fiscal Year 1996
by cutting operating expenses.
The fuel rate refund is expected
to have no effect on those plans.
Fisher receives award
Michael Fisher, of Bastrop,
received the Outstanding New
Professional Award given by the
Texas Water Utilities Association
a state-wide non-profit organiza-
tion designed to provide educa-
tion and training to those who are
involved in the water utilities
ipdustry.
The award recognizes an in-
dividual who has served the
water utilities industry and
T.W.U.A. in an exemplary manner.
This individual must have work-
ed in the industry for five years
or less and have a sincere interest
in the protection of public health
and the environment. Additional-
ly, the recipient must have
rendered service far above the
normal demands of his employ-
ment position.
Fisher is the Director of Water
and Wastewater for the City of
Bastrop. He holds a “C” Ground-
water Certificate of competency
issued by the Tfexas Department
of Health and a “C” Wastewater
Operator Certificate issued by the
Texas Water Commission. He has
been instrumental in a major
capital improvement program
which has yielded independence
from purchased water and pro-
vided two to three times current
need in both water and
wastewater without a rate
increase.
He is a member of T.W.U.A.
Capital Area District, American
Water works Association, Ttesas
Rural Fire Advisory Council,
Texas Emerganecy Management
Association, State Firemens and
Fire Marshals Association, the
Volunteer Fire Department and
Pink Santa Project. Fisher is
married and has three children.
c
. CALL CLASSIFIED
(512) 321-2557
The Bastrop Advertiser
NOTICES
The DEADLINE for
„ CLASSIFIED ADS:
.NOON on 'fues. for
Thurs. paper. &
NOON on Frl. for
’ Sat. paper.
Specifications, . Contract
Documents, and Bid Forms can
be obtained from Owner. Bids to
be submitted on Bid Form in
separate envelope labeled “Ceil-
ing Tile Bastrop High School” ad-
dressed to Bastrop Independent
School District, Attention Dr.
Paul Fleming, Superintendent.
All bids received will be opened
INVITATION TO BID an(j publicly read. Bids to be ac-
The Bastrop Independent School companied by five (5) percent
District will receive sealed bids Bidder’s Bond. Owner reserves
at 3:00 p.m., April 15,1992 at the the right to accept or reject any
office of the Superintendent, 105 0r all bids and to waive any and
Loop 150 West, Suite J, Bastrop, all technicalities in making
Texas 78602 for furnishing 2x4 award in best interest of the
lay-in type acoustical ceiling tile District. No bid will be accepted
in quantities set forth in Bid after 3:00 p.m., April 15, 1992.
Documents. The 2x4 lay-in type .............................................
acoustical ceiling tile to be INVITATION TO BID
delivered in truckload quantities The Bastrop Independent School
in accordance with delivery District will receive sealed bids
schedule worked out between at 3:00 p.m., April 15,1992 at the
Owner and Acoustical Tile Sup- Office of the Superintendent, 105
, plier for the Bastrop High School. Loop 150 West, Suite J, Bastrop.
NOTICES
Texas 78602 for furnishing 24”x
48” Kraft faced 6V4” R19batt
type insulation in quantities set
forth in bid documents. The 24”
x 48” Kraft faced G'/F'batts to be
delivered in truckload quantities
in accordance with the delivery
schedule worked out between
Owner an Batt Insulation Sup-
plier for the Bastrop High School.
Specifications, Contract
Documents and Bid Forms can
be obtained from Owner. Bids to
be submitted on Bid Form
separate envelope labeled “Batt
Insulation Bastrop High School"
addressed to Bastrop Indepen-
dent School District, Attention
Dr. Paul Fleming, Superinten-
dent. All bids received will be
opened and publicly read. Bids to
be accompanied by five (5) per-
cent Bidders Bond. Owner
reserves the right to accept or re-
ject any and all bids and to waive
any and all technicalities and in-
NOTICES
formalities in making award in
best interest of the District. No
bids will be accepted after 3:00
p.m., April 15,1992.
INVITATION TO BID
The Bastrop Independent School
District will receive sealed bids
at 2:00 p.m., April 15,1992 at the
Office of the Superintendent, 105
Loop 150 West, Suite J, Bastrop,
Texas 78602 for providing a
ducted air return system in the
Bastrop High School and
Classroom Addition Middle
School providing supply air fan,
ductwork, kitchen hood conver-
sion unit and return ductwork
with diffusers, grills and
registers to air condition kitchen.
Plans and contract documents
can be abtained from Owner or
from the Consulting Engineer
Travis-Braun & Associates, Inc.
for a deposit of $50.00. Deposit
refundable upon return of Plans
NOTICES
and Specifications. Bids to be
submitted on Bid Form in
separate envelope labeled
“Ducted Return Air System
Bastrop High School” addressed
to Bastrop Independent School
District, Attention Dr. Paul
Fleming, Superintendent. All
bids received will be opened and
publicly read. No bids will be ac-
cepted after 2:00 p.m. Bids to be'
accompanied by five (5) percent
Bidders bond. A Prebid Con-
ference will be held at 2:00 p.m.,
April 8, 1992 in the Office of the
Superintendent. Attendance at
the Prebid Conference is man-
datory. Successful Contractor
will be required to furnish one-
hundred percent (100%) Pay-
ment and one-hundred percent
(100%) Performance Bonds.
Owner reserves the right to ac-
cept or reject any and all bids and
to waive any and all
technicalities and informalities in
NOTICES
making award in best interest of
the District.
HELP WANTED
Towers Nursing Home Smithville
is accepting applications for part-
time RN, 2 days per week. Full
time LVN, 2-10. Experienced
nurses aides, all shifts. Excellent
benefits, competitive salary. Con-
tact Rosemary, 237-4606.
032692.041892.
WANTED: One day per week,
child care worker. Enthuieastic,
for 4 yr. old and 15 month. Must
have own transportation. Local
references. Willingness to get
CPR trained. Salary will be wor-
thwhile for qualified person or
will trade child care. Call
321-2947.
032892.
Business - Professional Review
An AduenUimCf Pnofiom. Planned 7a Unfrnm Atoea Petidenti. 0(. SetoMcei PendeAed Btf, QiAmi
FINE MEXICAN FOOD
Reasonable Prices
- ALL YOU CAN EAT $4.99* -
6l\r ‘Enchiladas, Tacos, Rice & Beans
^ * Wed. & Thurs. Only
Beef & Chicken Fajitas
Cabritos - Ranchero Steaks
We feature a Combination Deluxe Dinner
Open Wed. - Sat. 5-lOpm. 20 Mi. E. of Austin
Sunday 12- 8pm 7 Mi. W. of Bastrop on 71
Closed Mon. & Tues._ B12-321-4052
Manicures + Pedicures ♦ Acrylic Nails
insplratlMS
total interiors
Bonnie Hall
♦
Interior Designer/Contractor
20 years experience
Guaranteed q 01 Q£QC ^
Results I -7003 ESTIMATES
KEN'S
FURNITURE UPHOLSTERY
Including All Types of Furniture & Antiques
Call for Holiday Specials
447-2021
A Price You Can Live With_
LIBBY'S
Nail Services
for MenAVomer;
Libby Webster
(512)321-6061
aiu-op l.-xas
1014 Main Street
Dupont Stain master Carpet
22 colors, $11.99 yd. installed vv/ pad
(limited time)
prima Carpets
321*9252
100 Hwy. 71 • West * Bastrop
•coupon ^coupon ^coupon •coupon *coupon •coupon*
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“Business Services
50<5off I
UPS Shipment O
9
1000-B Pecan Street
S Bastrop, TX 78602
• Typesetting • Printing • UPS/Fed Exp • Notary
Secretarial Services • Desktop Publishing • Fax Service
CwfM Expiree A/It/91
One Coupon per Vlell
Bus: (512)321-7500
Fax: (512)321-5028
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| $5 off
0 Printing (Over jso )
•coupon • coupon • coupon • coupon • coupon • coupon*
JIMMY’S WELL SERVICE
Sales and Service
For All Brands
24 Hour Service Available
Night
Weekends
Holidays
P O Box 70 Jimmy Odom
Bastrop. Texap 78602 (512) 321 -4473
License #2533 _
Trail Riders
For Horseshoeing
Steve Schwan
512-839-4435
“SetvdUf Tided
CHILDREN'S
•Clothes
•Furniture
•Toys
•Maternity
Mickey Robertson
1000A Pecan, beside the Theater
New Hours: 9-2 Tues.-Frl.,
9-3 Sat., Closed Monday
321-5608 (After 5:00)
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McAuley, Davis. The Bastrop Advertiser (Bastrop, Tex.), Vol. 139, No. 8, Ed. 1 Saturday, March 28, 1992, newspaper, March 28, 1992; Bastrop, Texas. (https://texashistory.unt.edu/ark:/67531/metapth756166/m1/14/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Bastrop Public Library.