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THE BATTALION Page 7
FRIDAY, NOVEMBER 10, 1978
Tax amendment praised
REP. WAYNE PEVETO
By SUSAN SHILUNGS
Battalion Reporter
The Tax Relief Amendment which passed Tuesday will relieve both
farmers and city dwellers. State Rep. Wayne Peveto said at a Political
Forum speech at Texas A&M University Thursday.
Peveto, a Democrat from Orange, said farmers especially will pro
fit from this amendment because their land will now be evaluated by
its productivity rather than by a standard market price.
Peveto, who is a farmer and a lawyer, said local governments will
appraise the land’s value and tax it according to its food and fiber
content. Peveto said land which is used for hunting, recreational
purposes, building homes, subdivisions and other purposes will also
be considered by the appraisers.
However, Peveto said, there are details in the amendment to keep
commercial land owners from abusing this productivity value system
by setting standards on past farming systems.
Urban residents will benefit because the amendment states that
intangible property will not be taxed.
Intangible property includes bank certificates, bonds, securities
and other sorts of bank notes.
Peveto said 84 percent of all intangible property i.s owned by urban
dwellers in the 27 metropolitan areas.
The Tax Relief will also exempt $5,000 from all homesteads.
Peveto said the state legislature has appropriated $450 million for
those school districts which might lose money from the amendment.
Peveto also discussed sales and property taxes.
He said although the sales tax is the most popular in most states, it
only brings in $1.8 billion, while the property tax brings in $3.5
billion in Texas.
Peveto said he thinks Texas should cut down on its property tax and
raise the sales tax on oil and gas rates, which would then bring in an
extra $1 billion.
A&M to get cash
to improve airport
By DANNA RICHEY
battalion Keporter
College Station city council
members agreed Thursday night to
provide local Rinding to Texas A&M
University for a capital improve
ment project at Easterwood Airport.
Mayor Lorence Bravenec said
that the agreement provides an an
nual contrihution to Texas A&M
University of $30,(X)0 for five years.
Ibis same agreement was approved
by the City of Bryan and also by
Brazos County, and will provide a
dal of $450,000 over a five year
period for the project.
The agreements for funding by
ocal cities was necessary to offset
josts that are not covered by the
federal Aviation Administration
FAA). The FAA funding for such
irojects is limited to 80 percent of
he improvements.
The University also agreed to es-
lablish an Easterwood Airport
Ijaison Committee, with represen-
■jtives from local governments and
■exas A&M. This committee will
provide a means of communication
for the capital improvement prog
ram.
In other business, the council re
pealed an ordinance governing the
Parks and Recreation Board which
City Manager North Bardell said
has become outdated. The new or
dinance will provide seven mem
bers appointed for two years on a
staggered basis. The Board was
created to advise and recommend to
the council all matters concerning
the establishment, maintenance,
and operation af all parks within the
city.
The council also accepted a bid of
$6,290 by Tom Light Chevrolet for a
%-ton Heavy Duty pickup truck.
The truck will be used by the Col
lege Station fire department to haul
equipment to and from fires, for
training exercises and for other odd
jobs.
The purchase of the truck was ap
proved by the council in the re
venue sharing budget, but only
$6,000 was allowed for the pur
chase.
HOUSE OF
YOUR SUPERMARKET FOR NEW AMERICAN CARS
Can Broker any American made car straight
from Detroit & save you hundreds, possibly
thousands!
You can probably buy a ’79 model cheaper
than what you paid for a ’78!
AL GUTIERREZ - BROKER
ALSO OWNER OF HOUSE OF
BOOTS & HOUSE OF TIRES.
CALL
822-7139
8:30-5:30 P.M.
(CORNER OF
COULTER &
TEXAS AVE.)
-I
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EON 1 41 111.
EECflE HARRIS
IDClfTr CARTER A
JOHN HIICRS TRIO
SARNCAZS
RROREJQf'CR
RDNOHAIIR
JOHN REE HOOTER
MICH YT JOE
yOEJNC
EAT METHENY
MATRIX
ELCRA RHRIM A AIRTC
TATHMERE HUGH
SCHOOL JAZZ RAND
NORTH TEXAS STATE EAR IEANR
CCRNT RASIE A HIS ORCHESTRA
RHIL MOODS ODARTET
RICHIE COLE ODARTET
EDDIE JEEFERTON A RICHIE COLE
AS-- " lisfLI \
on the giJ- at Stewart Beach
Friday eve show $15 program subject to change
Saturday all day $18
Saturday eve show $15
Sunday all day $18
Sunday eve show $15
3 day, 5 show ticket
in advance $35- at the gate $40
( plus 50c postage & handling)
Send name & address along with payment
( cashiers check or money order, no personal checks)
to P.O Box 420, Galveston, Texas, 77550.
For further information, call:
(713) 737 3020 or 737 3021
For lodging. calf
Galveston Chamber of Commerce 763 5326
Galveston Convention & Visitors Bureau ^53-43)1
STUDENTS PURCHASING TICKETS BEFORE NOV. 15th
RECEIVE $5.00 OFF 3-DAY TICKET PRICE
3600 S. COLLEGE-BRYAN TEX 77801*('7i3*779-4635
POOL TABLES
Let Sunshine into your life!
SUNSHINE
LAUNDROMAT
Featuring:
coin operated machines
attendant on duty at all times
Wash, dry and fold services done in-house
air conditioned lounge with T.V.
Professional dry cleaning and laundry service
Town and Country Shopping Center
846-7921
8-8 Sat.-Sun.
\ You were down
to half a jar of peanut butt
hen Dad’s check arrived.
., w '•
« Af,,, :*&»*> ■
Now comes Miller time
(c)1978 Miller Brewing Co., Milwaukee, Wis.