Newspaper Archive of
Hays Free Press
Kyle, Texas
April 26, 2017     Hays Free Press
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April 26, 2017

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Page 4D Hays Free Press * April 26, 2017 Polio Tropical Public Notices Continued from pg. 1D said. FRGI estimated the 30 total closed stores contributed $27 million of restaurant sales and $14.6 million of pre -tax operating losses. That includes close to $5 million of depreciat- ing expense and $1.8 million of pre-opening costs. "Fiesta's recent growth initiatives diverted resources from our core markets and some amount of renewal is required to restore momentum in these markets," said Richard Stockinger, Fiesta Presi- dent and Chief Executive Officer in the release. "While the decision to close restaurants is never easy, we believe it is vital to focus the company's resources and efforts on markets and locations that have proven suc- cessful for our brands." Stockinger added the company will retain 19 Polio Tropical restaurants in Atlanta and in South Texas to provide a "low risk opportunity to refine and test our long-term growth potential." "We will execute our plan with measured ur- gency, and I look forward to reporting our progress and success as the plan is implemented," Stock- inger said. According to the release, the company will offer positions at nearby restaurants to employees impacted by the closures. It's unknown how many employees were affected by the move. The closure of Tropical by the Polio numbers Number of Polio Tropical restaurants in Austin, north Texas and Tennessee that were closed Dollar amount the closed restaurants contributed in restaurant sales 4.6 MIW Dollar amount the closed restaurants contributed to pre-tax operating losses TEXAS STATI~)WII)E ('I.ASSIFIED AI)VI,~I,I'FISIN(; NETWORK Depreciation expense for the closed restaurants 63 Amount Polio Tropical's restaurant sales dropped in the first q uarter 2017 Amount Taco Cabana restaurant sales dropped in the first q uarter 2017 Financial Focus Continued from pg. 1D ToOrder: Call this Newspaper direct, or call Texas Press Service at 1-800-749 4793 TodayI be subject to a 10% IRS penalty.) Your 401(k) or similar plan also pro- vides the opportunity for tax-deferred earnings growth. Roth IRA contri- butions are not deduct- ible, but your earnings are distributed tax-free, provided you don't take withdrawals until you're 591/2 and you've had your account at least five years. Follow a "buy-and- hold" strategy. If you sell investments you've owned for less than a year, and their value has increased, you will have to pay capital gains taxes at your personal income tax rate, which, in early 2017, could be as high as 39.6%. But if you hold investments for at least a year before selling them, you'd be assessed the long-term capital gains rate, which tops out at 20%. Be aware, though, that the Trump admin- istration and Congress seem likely to change the tax rates. Early plans call for a maximum personal income tax rate of 33%, with the top rate for capital gains and divi- dends either staying at 20%, or possibly being reduced to 16.5%. In any If you are in one of the higher income brackets, you might benefit from investing in municipal bonds, which are typically used to finance public projects, such as roads, schools, airports and infrastructure- related repairs. case, you'll still come out ahead, tax-wise, by hold- ing your investments long enough to receive the long-term capital gains rate. Consider municipal bonds. If you are in one of the higher income brackets, you might ben- efit from investing in mu- nicipal bonds, which are typically used to finance public projects, such as roads, schools, airports and infrastructure- related repairs. Interest payments from "munis" are typically exempt from federal income taxes and may also be exempt from state and local taxes, depending on the state in which the bond issuer is located. Interest pay- ments from some types of municipal bonds may be subject to the alterna- tive minimum tax (AMT). Again, though, watch for developments from Washington, as both the Trump administration and some congressional leaders favor eliminating the AMT. When charting your investment strategy, con- sider your risk tolerance, time horizon, family situ- ation and estate plans. But investment-related taxes should also be in your strategic mix- so look for opportunities to keep these taxes under control. This article was written by Edward]ones for use by your local Edward ]ones Financial Advisor. REQUEST FOR PROPOSALS Bartlett Cocke General Contractors, Construction Manager- at-Risk, for the: Hays CISD - Hays Elementary School #14, is requesting Competitive Proposals from subcontractors and suppliers. Subcontractor and Supplier Proposals will be received via FAX to (512) 326-4339 or (512) 326-3990 Fax or email to bidaus@ no later than 2:00 PM on: May 11,2017. Any proposals received after this time will not be accepted. Proposal Documents may be obtained from Bartlett Cocke or view at local and online planrooms. Contact Stefan Doerr at stefandoerr@ or call either (512) 326-4223 to make arrangements. Small, Woman Owned, Disadvantaged, HUB, HUBZone, 8(a), Minonty, and all similar firms are encouraged to submit proposals on this project. Bartlett Cocke General Contractors is an equal opportunity (EEO) employer. REQUEST FOR PROPOSALS Hays CISD is Requesting Competitive Sealed Proposals for CSP#18- 041707VL Air Purification System for LHS and HHS. Proposals will be accepted until 4-28-17 at 2:00 p.m. local time. Specifications are available in the HCISD Purchasing Office (512-268- 2141 ext. 46035) between the hours of 8:00 a.m. and 4:00 p.m., Monday through Thursday. Proposal responses must be returned to the HCISD Purchasing Office, 21003 IH 35, Kyle, TX 78640, by the date and time indicated above. Late proposals will be returned unopened. The HCISD Board of Trustees reserves the right to reject any and/or all bids and waive all formalities in the bid process. NOTICE OF PUBLIC SALE Notice is hereby given pursuant of Chapter 59 Texas Property Code, (Chapter 576 Acts Of the 68th Legislature Regular Session 1983). Storquest Self Storage will sell at ;)ublic sale by competitive bidding to satisfy a landlord's lien on May 12, 2017 at 10 a.m. at 5500 FM 2770, Kyle TX 78640 The personal property of: 1. Unit 219 Denise Jimenez; 2. Unit 587 Kim Butler; 3. Unit 342 Rosa Salas; 4 .Unit 238 Candace Everhart; 5. Unit 671 Kim Butler; 6. Unit 332 Ruben Alvarez. KYLE CEMETERY PUBLIC NOTICE A thorough cleanup of the Kyle Cemetery is scheduled for May 6, 2017. All items not in compliance with the rules and regulations will be removed from the grave sites. Items will be kept for two weeks for the families to pick up. It is suggested that if you have such items on or around your grave sites that you remove them before the scheduled cleanup. The rules and regulations can be found on the website www. Kyle Cemetery Board of Directors m n v W IlU w I m i m ~ #111 TexSCAN Week of $6.0oo tuition reimbursement available for qualified April 23, 2017 drivers, Levelland High 50's Grads. Fun - Casual - Visiting. 10-20 acres, Duval Coumy. north of San Diego; Leveiland. Texas July 7th-gth. www.goldenfiflies- Live Oak County, south of Georgewest; Kinney Counly, southwest of Brackettville. Heavy south Texas brash cover. Deer. hogs, turkey, quail. 30 yr Chicken Steak Festival. April 28-30th. Lamesa. owner financing, 5%down. 1-866-286-0199. www TX. Hot air balloon-More than 100 booths-5K Chicken Run-Bingo-Wine tasting and more! For more information go m or Call West Texas.Trans Peens area. near LakeAmistad. now 1-806-777-1171 40-65 acres. Mesquite. cedar, brash cover. 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