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Hays Free Press
Kyle, Texas
April 3, 2013     Hays Free Press
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April 3, 2013

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Page 4D BUSINESS Hays Free Press April 3, 2013 + Public Notices Follow Hays CISD Spring Sports SUBSCRIBE TODAY + Main Street: Is Buda eligible for project? Continued from pg. 1D avenues to spend" the hotel occupancytax, Ruge said. Currently; the city is limited to using the hotel tax for tourism purposes. With the Main Street Program, funds from the Hotel Occupancy Tax could be used to rehabilitate historical buildings in the ci~, with the idea to bring in new businesses to town, thereby maintaining "momentum" from the current restructuring of Main Street, Ruge said. Becoming eligible for the Main Street Project might be Buda's most challenging problem. According to the Texas Main Street project, the group which designates Main Street status every year in the state, cities must show commitment towards historical significance and preservation, have private sector and community support of the program, an ability to fund the program, the capability to physically grow and demonstrate a need to be a Main Street city. Once cities meet the criteria, they are competitively judged against other cities. The Texas Main Street project only chooses five cities as Main Street cities every year. HAYS FREE PRESS FILE PHOTO The largest challenge for Buda stems from the ability to fund this program- specifically, hiring a full-time management position to head the Main Street initiative. "The most significant cost is local funding of a full-time Main Street management position," Sparks said. "The true cost of this can ~ particularly if existing positions can be reclassified to a Main Street manager." Buda has taken steps towards meeting the criteria of the Texas Main Street project. "Many common Main Street recommendations, such as establishment preservation policies like local historical districts are already in place in Buda," Sparks said. The city's ability to drum up support for this initiative continues to grow within the communi~, Sparks said. "Growing support from the grassroots-level is the real indicator of program need, which has sprung to the surface frequently in public outreach efforts for Buda's Comprehensive Plan, Transportation Plan, Parks & Trails plan and even in early discussions of the EDC's Economic Development Strategic Plan from people of every perspective in the community." Ruge pointed out that the idea for applying for Main Street status is still being thought out. The program has not been discussed among the new members of city council. However, his excitement for the possibility of bringing in the program was evident. "(The Main Street Program) is very possible for Buda," Ruge said. "There are a lot of positives that can come out of this. (Main Street) is very appealing for the city." Marbridge: $2 million fundraising milestone Continued from pg. 1D NOTICE TO CREDITORS Notice to Creditors of Kathryn Williams Lacker, DECEASED ON January 12, 2013. Stephen G. Lacker was appointed the Inde- pendent Executor for the Estate of Kathryn Williams Lacker, De- ceased, by the Probate Court of Hays County, Texas in Cause No. 13-0037-R Any persons having claims against this estate must present those claims within time prescribed by law in care of Latius R. Prikryl, Attorney at Law, Representative, Estate of Kath- ryn Williams Lacker, Deceased, at 2301 S. Capital of Tx Hwy, Suite H102, Austin, Ix. 78746. NOTICE OF SALE 1ST CHOICE STORAGE, BUDA, TEXAS, HEREBY PUB- LISHES NOTICE, AS REQUIRED BY CHAPTER 59 OF THE TEXAS PROPERTY CODE, OF A PUB- LIC SALE FOR THE PROPERTY LISTED BELOW TO SATISFY A LANDLORD'S LIEN. ALL SALES WILL BE CONDUCTED BY COMPETITIVE BID FOR CASH TO THE HIGHEST BIDDER AND WILL BE CONSIDERED FINAL. 1ST CHOICE STOR- AGE RESERVES THE RIGHT TO REJECT ANY BIDS. THE SALE SHALL BE HELD AT 1001 W. Goforth Buda, IX 78610 (512- 295-2995) ON April 15, 2013 at 2:30 p.m. Unit 1149, Garon R. Stimp- son: Headboard and footboard, futon, plastic tubs, gun safe, gui- tar, misc items; Unit 2109, Jose Guerra: Bookcase, kitchen table, religious art, boxes, misc items. co-owner of the Iron Cactus During the celebration Nasso ing has neither heat nor air con- Restaurants, who serves as the described the features of the ditioning. At only 3,000 square group's fundraising chairman, planned facility, eliciting cheers feet in size, weight and exercise To date, the Marbridge "Dream from those in attendance. The machines crowd the floor space Team," as they call themselves, 18,000-square-foot facility will and have reduced the basketball has raised $2 million in cash and include a wellness center that practiceareatolessthanhalfthe in-kind donations. The Dream will house exercise equipment, size ofaregulation court. Team also includes Craig Parks a walking track and a fitness/ "I am here today because of Arts+Labor, Luke Sanchez exercise room; a stage area for I believe I was called to help and architect Craig Nasso, Mar- performances; classrooms, build this facility," said Leyden bridge Coach Huey Shaw and meeting rooms, staff offices during the celebration. "We will two Marbridge residents, Dan and a foyer featuring a space build it." Beckmeyer and Kyle Leyden, as for awards and a bronze "Tree The planning committee well as other leaders from the of Honor" to recognize the proj- hopes to begin site preparation Austin community, ect's supporters and provide an this fall with funds already on The team has worked for ongoing opportunity to corn- hand. Construction will soon fol- the past three years to plan the memorate individuals. How- low. The remaining $600K in the facility, with input from Mar- ever, Nasso's description of the budget is needed largely for inte- bridge staff and residents along planned, full-size gymnasium rior finishes and equipment. with professionals in the edu- drewthe loudest response,. Persons interested in mak- cation, development, commu- Marbridge entered its 60th ing donations to help reach nications, construction and ar- year of operation this year, and the final goal of $2.6 million chitectural fields. The project is the gym currently housing all can contact Michelle Levy, vice called the"VictoryHaUAthletic resident fitness and athletic president of development, at & Event Center at Marbridge," needs has grown woefully inad- 512-282-1144 or donate online based on a suggestion by Mar- equate over the decades. Built at bridge residents, in 1959, the cinder block build- secure-online-giving. Financial Focus Continued from pg. 1D ments if you only own one type of asset. To illustrate: If you owned mostly bonds, and interest rates rose sharply, the value of your bonds would likely drop, and your portfolio could take a big hit. But if you owned stocks, bonds, government se- curities, certificates of deposit (CDs) and other investment vehicles, the rise in interest rates would probably affect your portfolio less significantly. Unfortunately, many inves- tors think that if they own a few stocks and a bond, they're diversified. But you can actu- ally extend your diversification through many levels - and you should. For the equity portion of your portfolio, try to own stocks representing many mar- ket sectors and industries. Also, consider international stocks. And rather than just owning U.S. Treasury bonds, consider corporate bonds and munici- pal bonds, and diversify your fixed-income holdings further by purchasing short-term, intermediate-term and long- term bonds. Work with your financial advisor to determine the mix of asset classes and investments that are appropri- ate for your financial goals and objectives. How you ultimately diversify your portfolio depends on your risk tolerance, time horizon and long-term goals- there's no one "correct" asset mix for everyone. And over time, your diversification needs may change. To cite one example, as you enter your retire- ment years, you may need to increase your percentage of income-producing invest- ments while possibly reducing the amount of growth invest- ments you own. These growth- oriented investments tend to be more volatile, and you may want less volatility during your retirement. However, even dur- ing retirement, you will need to own a certain percentage of growth investments to provide NEW Classes Begin April 8 & 29 4:00 - 6:00 p.m. or 6:15 - 8:15 p.m. Lockhart Driving School, 400 N. Main, Lockhart, TX Aft drives will begin in Lockhart and end in Kyle Shuttle Transportation back to Kyle after class provided for $3 per day Enroll ONLINE at or call 512-665-3259 for more details NOTE." a M/N/MUM of 6 students required you with the growth potential you'll need to stay ahead of inflation. Keep in mind that diversifi- cation can't guarantee a profit or protect against loss. None- theless, building a diversified portfolio may help take some of the volatility out of investing - so look for diversification op- portunities whenever possible. 2000 B&C Medical Parkway, San Marcos, TX 78666 I