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The La Crosse Tribune from La Crosse, Wisconsin • 10
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The La Crosse Tribune from La Crosse, Wisconsin • 10

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La Crosse, Wisconsin
Issue Date:
Page:
10
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4 La Crosse Tribune. Saturday, November 16, 1991 OWE I cant believe that La Crosse doesnt buy decorations. I just think How can it be Christmas WithOUt them? Kelly Loughan, below By GAYDA HOLLNAGEL Of the Tribune staff The Resolution Trust fund already has cost taxpayers $165 billion. It will continue to cost more unless the Catch-22, revolving door of a failed real estate market is stopped, he said. The idea behind the amendment is to prevent the federal government from putting more money down the rat hole, Gunderson said.

He described the cost of the proposal as a neutral wash because if the housing market is revitalized it would mean fewer houses will be sold at a loss by the Resolution Trust. A reduction in capital gains taxes and a $2,000 tax credit for buyers of newly built homes are among remedies being offered by Rep. Steve Gunderson to cure what he says is ailing the U.S. economy. There are many of us in the Congress, on both sides of the aisle, that feel the economy is in serious trouble, Gunderson said Friday during an afternoon press conference in La Crosse.

The nine-point Real Estate Recovery Forum set on changing school areas Nearly 50 people are scheduled to speak this morning at a public forum on proposed elementary school boundary changes at Logan Middle School. The forum, the last scheduled by La Crosse School District, will begin at 9 a.m. If time does not allow all those registered to speak, additional forums may be scheduled, a district spokeswoman said. She said 48 people have registered. About 30 people spoke at each of the twa previous forums.

At Thursdays forum, two parents questioned school officials estimate that the bus ride to the new North Side school would take 22 minutes. Martha Balfany said her child is bused less than two miles, and the ride takes 15 to 20 minutes. Kathy Niedfeldt said it took her 14 minutes to drive the route with only two stops. School district assistant business manager Gary Olsen, in charge of transportation, said the test run included 15 stops, and was made at about 3 p.m. The route is well-populated so the pickups would take only about 10 minutes, he said.

If elementary school begins at 8:30 a.m. as it does now, Olsen said the bus would need to begin picking up children at 7:45 a.m. Act of 1991 is designed to remedy that trouble, Gunderson said. Other provisions include tax- and penalty-free withdrawals from IRA-Plus plans for first-time home purchases, and federal tax incentives for employment and investment in designated enterprise zones. The plan will be presented to the House on Monday.

On Tuesday, the plan will be offered as an amendment to an $80 billion request for refinancing the Resolution Trust the agency that manages failed savings and loans, he said. This is what Gundersons proposal would do the purchasers parents or grandparents. AMENDMENT to the Internal Revenue Code of 1986 to ease limits on deductions for losses and credits on rental and non-rental real estate investments. REINSTATEMENT of a 5 percent investment tax credit for property placed in service after Dec. 31 1991 CHANGE the minimum amount of total capital an insured depository institution must maintain to no more than 7.25 percent of the total assets.

adjusted gain. CREDIT up to $2,000 on purchases of newly constructed homes. The credit would be limited to homes purchased nine months after enactment of the legislation and limited to 5 percent of the sales price up to $2,000. FEDERAL tax incentives for employment and investment in up to 50 designated enterprise zones, one third of which would be in rural areas. AMENDMENT of the Financial Institu- REDUCTION in capital gains taxes for individuals for homes, farms, timber, factories, stocks and other capital assets.

Capital gains held more than three years would get a 30 percent exclusion from taxes, assets held two years get a 20 percent exclusion and assets held more than a year, a 10 percent exclusion. The top capital gains rate would drop to 19.6 percent. EXPAND inflation adjustment to capital gains. Investments acquired after April 15, 1991, would be taxed only on the inflation tions Reform, Recovery and Enforcement Act of 1989 to extend the phase-in period for state licensed appraisals to Dec. 31 1992.

MONITOR the effect of real estate sales by having the U.S. Department of Housing and Urban Development conduct an annual study of local real estate markets. TAX AND PENALTY FREE Individual Retirement Account withdrawals for first-time home purchases. After five years, 25 percent could be withdrawn. The money for home purchases could come from the purchaser, Gulf war veterans may carry parasites By TERRY BURT Of the Tribune staff tually death, Freitas said.

So far, 22 cases of the disease have been reported in the United States all from veterans of military service in the gulf. Army and Air National Guard members who contract the disease are eligible for treatment at Walter Reed Army Medical Center, the National Guard release stated. A physician at the Veterans Administration Medical Center at Tomah said the disease is similar to malaria in the sense that it hides in the body and multiplies" before symptoms appear. The outer limit of the incubation period is two years, medical officials say. If no symptoms appear for two years, you do not have the disease.

Since there is no blood test available to look for the disease, it usually is detected as a lesion. A biopsy of the lesion can identify the disease. Neither the veterans hospital nor the two hospitals in La Crosse have treated any cases of the disease, spokesmen said. Gulf veterans who believe they may have the disease may call the Tomah hospital at (800) 872-86G2 for information and possible treatment. Veterans of Operation Desert Storm may have brought home more than memories.

Wisconsin National Guard commanders were alerted Friday that some veterans may be infected with parasites from sandfly bites. The flies sometimes carry a parasite that causes a potentially fatal disease, according to Army Lt. Col. Jean Freitas, a U.S. Department of Defense spokeswoman.

While no National Guard cases have been reported in Wisconsin, unit commanders are being kept up to date with information on the disease. They will be notified if and when testing for the parasite begins. Military doctors are trying to determine which veterans may be infected with the parasite. Anyone, military or civilian, who was in the Persian Gulf area after Aug. 1, 1990, is temporarily banned from donating blood.

The parasite causes a disease called leishmania. It can be successfully treated, but if left untreated could lead to diarrhea, fever, chills, weight loss, anemia and even 2 communities must hold hearings on liquor stores TIME TO DECORATE: Kit Mayer, left, Nick Marvich and Marc Fortney look over one of the Christmas ornaments that were stored in Leitholds Music store. Downtown dressing up for Christmas By TERRY BURT Oltfie Tribune staff nicipal funds in at least two of the past three years, Dayton said. Caledonia, which lost $1,297 in 1990, made money in Just one of the last three years, said City Clerk Robert Nelson. Nelson said the net gains and losses posted by the liquor store in recent years nave never been greater than $2,000 cither way.

The Caledonia hearing is likely to be cither Nov. 25 or Dec. 8. Roth those dates are regular city council meeting dates. Losing money is not the problem in Spring Grove, The city-run store is turning a good profit, but the state auditor said it hasn't transferred liquor profits into other municipal operations In the past three years as required.

Robert liillman, Spring Grove's city clerk administrator, said earlier this year that the municipal liquor store made a profit of almut $20,000 last year. By JOAN KENT Of tti Tribune staff Flashlights zeroed in on 2-foot tall lanterns and large-as-life plastic Christmas trees in the attic of Lei-tholdi Music store Friday night as downtown business owners rummaged through old city ornaments. Business owners picked up the ornaments dating from the 1940s, which have been stored in the attic for several years, to refurbish and install in front of their businesses. I came from a small town where Christmas decorations were the coolest thing, said Kelly larughan of International Gardens. I can't believe about $6,000 to provide garlands and lights.

But Weinzierl said the association this year decided the most efficient way to decorate downtown was for businesses to refurbish Die old ornaments. In addition, she said businesses will place Christmas trees in 30 locations and many will hang wreaths at their businesses. The refurbished decorations ill be kept and returned to the businesses who restored them each year, Peterslie said. "Its our way of saying Merry Christmas, said Bob Fullwood of Rocky Rococos Pizza. that La Crosse doesn't buy decorations.

I just think How can it be Christmas without them? Thats the main reason you take your kids Christmas shopping." Businesses are demonstrating how much they care about duwntown by putting up the decorations, said Michelle Peterslie, co-owner of TJs Apparel Shoppe, who organized the decorations distribution. The city of La Crosse does not put up decorations, though it provides the electricity to light them, said Margaret Weinzierl, manager of Downtown Malnstrcet Inc. For the past several years, she said the downtown associations have spent Two Houston County, communities must hold public hearings on whether to continue running their municipal liquor stores, state Auditor Mark Dayton said. On Dayton's list of communities notified to hold the meetings are Caledonia, which has been operating its liquor store at a loss, and Spring Grove, which makes money but hasn't transferred liquor profits Into other municipal operations as required. In all.

91 Minnesota cities have been told to hold the hearings. State law requires cities to huld public hearing on the future of municipal liquor if the city is unable to make a contribution from liquor store operations to other mu Brush cutting battle settled QhMERREVIETQi Rhyfihms full of music, movement Moms and dads singing, dancing and skating in benefit show By NORB ASCHOM UKki 10 9 Tnbune 6 OyGERI PARUN 01 the TrUunesUlt Wo wanted ro-storo wildlife havo destroyed. was from the Wo-cniidn Department nf Natural Revturrex, Then the etty agreed to buy a wildlife jw k-age Irum tlie DNitat a cost of J-'Ui and plant the approximately 3w) tree and shrut, Tire rtiy will aim erect six wowlrn durk houses Plans call lor a wnndwnrkmg class at lYairie du (turn High School In build lire houses ami Inf community service workers Irom tire court to do tire planting in lire sjing City Clrtk Gary Kmh said, "We dutn't think we wrre really godly, tt was only ignorance nr micnmmuniration, twit we wantrd to restore the wildlife habitat that may have been destroyed, tt was a good Compromise" to habitat boon a Qood Koch IRAtlUF. DU CII1KN, Wis. The brush cutting controversy on M.

Feriole I da ml in Prairie do Chinn emted amicably Friday afternoon when the city amt the state agreed to a stipulation in (Yaw ford County Circuit Court. A citation agatmt Prairie hand and Gravel Co tor clearing three acres along a Miuippf River slough, a project approve! by the city, was dismiss cd at the rcpmst nf District Attorney Tim Raster, A similar citation against the City was dismissed by tlie slate when the city agreed to get a petmit tho that may It compromise. Cby Cfe Cary to the Viterbo College Fine Arts Center and turns them into chorus cutlet and matinee Idols for the weekend Director Ron Tcigtand has packed the show so full of color and spangles and moving bodies that there is little dangt of boredom. Resides, the people who goof or trip or mis their cues belong to sometiody in the audience, so the rest of us smile and thank Gd we aren't up there try ing to be a Rockette for the weekend. So what if a couple of the Lucky Little Star darners need a tnntee when It's time to twirl.

And that little Sunshine girl nn the end who's staring at one particular spot with a beaming grin, blame dad if she forgets the words because he's distracting her by wildly waving. In one evening of entertainment, Tetgland gives us skaters and dancers and movie spooks. Rock singers, motor-cytle gang. Mae West, Ma and la Kettle and dozens of Hollywood starlets troop onto stage in a dizzying array of color and movement. Amt the skaters, ft's a sure bet some of these folks hadn't been on skates in 3) years.

It was reciting Just 10 Watrh them make it Safely acre stage an they wnMited precariously in and out -of lines, waving banners and skating trt circles. The show gw on again today at I and bmday at 4 m. When Us time to put on a play, mom usually gets stuck sewing tlie costume and then drags dad and the camera along to catch Johnny or Sally forever on (dm in his or her moment of glory, Rut mg Kriclay night. This time, an awful lot of moms and dads donned sequins and lap short and hauled them selves off the living room sots for that bright shining moment under re lights. Yes, IPs time for Rbthms 91.

live iMhrrait Hospital Auxiliary benefit that brings (kvtort and lawm and teachers and students and Secretaries hit fci iw Wi 1.

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