Friday, April 15, 1983/The Battalion/Page 9.
ies
tel
Non-PUF college bill
faces Senate battle
' ^tenuti^
HoUSfM United Press International
'provi(lt»AUSTlN — A proposed con-
oipuljipitiiticmal amendment to direct
nexil, SI25 million a year for capital
lark Mexpenditures to 25 Texas col-
ichersl, leges still faces a fight in the Leg-
,Kature because the House
Parker’s proposal also put all
branches of the University of
Texas and Texas A&M under
the PUF fund as of 1985.
arlt ilivEature
Appt approved only $75 million per
ed late Bar.
onlytB The measure sponsored by
tryairt Ben farl Parker, D-Port
mslaifpBthur, passed Wednesday on a
is teai: 125-') vote -
pay ,1 The proposal would divert
9 i r r$i25 million a year in general
bienim [tax revenues to pay for build-
ainmiitr.lings, repairs and improvements
resnalpM 25 state colleges excluded
| addi&U'pm the oil-rich Permanent
; inadfjfniversity Fund, which funds
arjesavHnstructittn at the University of
Tpxas and Texas A&M.
- The amendment, which ulti-
luely would have to be
approved by the voters, already
|ssed the House in similar
(Tm, but that proposal called
Bra$75 million annual approp-
•K2i f fi,ion -
lined ■M
Parker said his argument in
the expected conference com
mittee fight will be that the lar
ger amount would allow the
schools to issue bonds against
the fund.
es word
“They may make some long-
range plans,” he said. “It is my
belief that it will save millions of
dollars in the long run and pro
vide a higher quality of educa
tion.”
The proposal met strong
opposition from several sena
tors who said the state should
not be dedicating general tax re
venues at a time when it is ex
periencing a budget squeeze.
Current budget proposals ex
ceed expected revenues by more
than $2 billion.
“I don’t think I need to tell
you the kind of financial straits
Texas is in right now,” said Sen.
Ray Farabee, D-Wichita Falls.
“And with the unwillingness to
pass a tax bill, there is just not aS
much of the pie to go around
any more.”
Farabee said the state should
place a higher priority on f und
ing needs other than colleges.
“If you dedicate that money,
it’s going to be spent whether it’s
needed or not,” Farabee said.
“You drive to another part of
your town, and you will find
needs far greater that those on
the campus.”
Under Parker’s proposal, the
25 schools would be specifically
prohibited from using the fund
to finance housing, athletic
buildings or enterprises such as
day care centers or refreshment
stands.
The measure passed by the
Senate left open the possibility
that lawmakers will find a source
other than general tax revenues
to create the non-PUF schools’
fund.
he
1
would B
retre
on a
Insurance firm files
i
'inanceCi
mbers 1
tax incral
eachen J
lawsuit against Chagra
ote toM
I' |)a\ ■: United Press International
mio (.-VI PASO — Claiming Joe
motionkCFigra fraudulently concealed
.Sa n \ his involvement in a conspiracy
es 19 kill a federal judge, an insur-
Jce company has filed suit to
a $500,OOO life insurance
Blicy issued to the former
attorney.
that he was involved in the con
spiracy — a fact that was mate
rial to the company’s decision to
issue the policy.
■nt overt
pro]
imateaS
kii
■ Connecticut Mutual Life In
surance Co. claims that in ap-
phing for the policy, Chagra
Hiudulently concealed the fact
If the company had “known
of the facts fraudulently con
cealed by (Chagra), it would not
have issued such an insurance
policy,” the brief read. Accord
ing to the suit, Chagra was
issued the policy on Feb. 25,
1981.
Chagra, who pleaded guilty
to conspiring to kill U.S. District
Court Judge John Wood Jr. in
San Antonio, is serving a 10-year
sentence in the federal correc
tional facility at Pleasanton,
Calif.
Chagra was indicted in 1982
and later pleaded guilty to being
involved in the Wood murder
conspiracy. The conspiracy
occurred prior to Chagra’s ap
plication for the policy, Connec
ticut Mutual’s lawyer W.R. Sim-
cock said.
ntl lrexas man plans to resume
fai
s Inlea.
Suppnffl-1
ie truck* I
search for Titanic, jewels
United Press International
— ABILENF —Jack Grimm, a
isedbytti Texas oilman, says he is
emltheli feided to the North Atlantic for
Tectiveh tlethird time to find the sunken
from ill' British ocean liner Titanic.
wg Grimm’s third expedition to
Grimm hopes to locate the
luxury liner which struck an
iceberg and sank April 15, 1912.
He eventually will try to salvage
such valuables as the ship’s silver
and a shipment of diamonds ru
mored to be on the Titanic.
v^iiAiaut J (.111114 V_ZVp*_(_l ILlU/l 1 LVJ
find the ship will leave Halifax,
.Nova Scotia, Julv 1.
en sliif* 7
seel i'B “Maybe the third time will be
tegative i|e charmer,” he said Wednes-
stswatcl fday, referring to similar excur
sions he financed in 1980 and
tends in K981.
ifthelB
lion, 'ducp^
elation,
This summer, Grimm said
Dr. William Ryan of Columbia
University’s Lamont-Doherty
Geological Observatory would
direct the search.
“Ryan advises we will use Sea
Marc, which is a state of the art
side-scan sonar and a video
photographic camera system to
map and film the ocean floor
where the Titanic went down.”
Grimm said.
In his 1981 effort, Grimm
said he believed the crew had
filmed a propeller of a ship ab
out 12,500 feet deep in the
Atlantic.
Grimm said he would return
to the ship, which rests off the
coast of Newfoundland, this
summer, and he expects to be
gone at least two weeks.
DO YOUR SHADOW A FAVOR
BUY 1 PIZZA
FRI., SAT. & SUN.
APRIL 15, 16, & 17
GET
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INCH
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SMALLER
(WITH SAME NUMBER OF
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S. BRYAN
7785
696-
S .COLLEGE
STATION
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inmg.
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idMaai
he den?
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ise votefll
ilatetM
Come see our display at the
[ailed a!
hangeu
>ry at
lonunenf
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equire* 11
usinessfi 1
houir» ;
iniission 1
jnipaii' 1
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ild shifd
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■ward ^
.<3
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