Newspaper Archive of
Hays Free Press
Kyle, Texas
March 1, 2017     Hays Free Press
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March 1, 2017

Newspaper Archive of Hays Free Press produced by SmallTownPapers, Inc.
Website © 2019. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal. March 1,2017 Page 1D U DA MILL & RAIN 75"0" Buda Mill & Grain Co. sign here r m m m m| | m m m m m| | m | m | | | m ~ | mm m m|| | m m | m A 2-foot by 75-foot sign made of stainless steel letters and backlit by LEDs has been approved to go over the south en- trance of the Buda Mill & Grain development on Main Street. SAMANTHA SMITH A~trun iconic Main Street cture will have a ew outlook, thanks to signage forthe development project recently approved by the Buda Historic Preservation Commission (HPC). The Buda HPC approved new signage to be added to the Buda Mill & Grain develop- ment in the 300 block of Main Street in downtown Buda Feb. 16. The new proposed signage came in two different agenda items, as owner of Buda Mill & Grain Dodi Ellis requested signage for Buda Mill & Grain, as well as three smaller signs designed for tenants at the smaller businesses on site. According to an agenda re- port, the proposed sign will be approximately 2 feet by 75 feet and will be made of stainless steel. Letters on the sign will be backlit with Light Emitting Diodes (LEDs). The sign will create a gate- way as an entry from the south, according to city docu- ments. The smaller signs re- quested by Ellis are part of a master sign design where each building/ tenant gets a 3-foot by 3-foot sign that will project out . from the wall. The fonts and colors used for the signs will be dependent on each tenant. The signs will be internally lit with LEDs. According to documents, Buda city staff recommended HPC approve the signage requests as they meet Buda's current Unified Development Code (UDC) standards and fit within the context of the Buda Mill & Grain. The HPC members ap- proved the applications for the new signage. Included in the application is a stipulation that the applicant will not com- mence work on erecting any signage tmtil an approved CDC certificate is issued by the HPC chairman. Ellis said in a later interview that the Buda Mill & Grain complex is currently home to six vendors that include a coffee/ cocktail bar, yoga studio, spe- cialty bike shop, hair salon and a retail consign- ment store. Dodi Ellis also Etlis said the more immedi- said that she ate fu reof and her husband the Buda Mill & Grain is to envision the have four more retail tenants, Buda Mill & as weil as space marked for one Grain as a restaurant and space marked destination fora separate spot for Buda brewery. Ellis also residents and said that she and her hus- visitors to band envision the Buda Mill experience Grain as a destination the "old town spot for Buda residents and feel" and visitors to interconnectivity experience the "old town feel" of Buda. and intercon- nectivity of Buda. "We keep saying we've been a gathering place since 1914 and we still want to be that gathering place where people can go outside of work and home," Ellis said. With more vendors coming in that means more parking spaces and Ellis plans on a total of 300 spaces for the Buda Mill & Grain complex. "It's in the original footprint of the old Mill," Ellis said. ' nd it's a place where people can feel a sense of community which is what everyone is look- ing for." It's proposed that each tenant at the Buda Mill & Grain development would get a 3-foot by 3-foot sign that will project out from the wall. C O. STAINLESS STEEL SHAPirO L~TTERS TA~6ED iN PtAC~ FACE PLATE W~TH ~* REVEAL BAC K L4T WiT~ STRIP LED'E PHOTOS BY DAVID WHITE Financial Focus contributed by Janet Ross "t's tax time again - which for many Americans means that .a tax refund is on its way. If you're going to get a refund this year, how can you use the money to your best advantage? Of course, it's always tempt- ing to spend the check from Uncle Sam on something fun. But a tax refund could be siz- able - the average amount in 2016 was $2,857, according to the IRS - so putting this money to work could help boost your progress toward your financial goals. Here are some possibilities for using your refund: Help fund your IRA. If you were to receive a tax refund of $2,857, you'd have slightly more than half of the $5,500 annual IRA contribution limit for 2017, although, if you are 50 or older, you can contribute an extra $1,000. Consequently, you may find it much easier to fully fund your IRA for the year -- and you should do exactly that, because an IRA is a great retirement savings vehicle. If you have a traditional IRA, your contribu- tions may be fully or partially deductible, depending on your income, while your earnings can grow tax deferred. (Taxes are due upon withdrawal, and withdrawals prior to age 59Vz may be subject to a10% ~ ::;,~ ' penalty.) With a Roth IRA, contributions are not deduct- ible, but your earnings are dis- tributed tax-free, provided you don't start taking withdrawals until you're 59Vz and you've had your account at least five years, Help diversify your portfolio. If a market downturn hits one asset class, and that's where you keep most of your mone you could take a big hit. Owning an array of investments - such as stocks, bonds, certificates of de- posit, and so on- can help pre- pare your portfolio to weather the effects of market volatili By adding new investments, or increasing your holdings of existing investments, you may be able to further diversify your portfolio - and you can use your refund for this purpose. (Keep in mind, though, that diversification, by itself, can't guarantee profits or protect against loss.) Contribute to a 529 plan. If you have children or grand, children whom you'd like to help send to college, consider using your tax refund to help fund a 529 plan. Your 529 plan contributions may be deduct- ible from your state taxes, and your earnings are distributed tax-free, provided they are used for qualified higher education expenses. (However, withdrawz: als not used for higher educaz tion expenses may be subject to both income tax and a 10% penalty.) Pay off some debts, You can help improve your financial picture by reducing your debt load - but it may make sense to prioritize these debts. For example, rather than make an extra mortgage payment, you might want to first tackle those debts or loans that carry a high interest rate and that dont al- low you to deduct interest pay- ments. After all, your monthly mortgage payment will remain the same even if you make an extra payment, but if you can get rid of some smaller debts, you will free up some cash that you could use to invest for your future. Think carefully about how to use your tax refund. It repre- sents an opportunity that you won't want to waste. This article was written by Edward Iones for use by your local Edward ]ones Financial Advisor. +