The Independent-News, Volume 110, Number 16, Walkerton, St. Joseph County, 20 September 1984 — Page 2

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- THE INDEPENDENT NEWS - SEPTEMBER 20, 1984

WALKERTON TOWN BOARD MINUTES A special meeting was held following an executive session on September 17. 1984 with the following members present: E. Clifford Ward. Margaret Gaddis, Greg Williams and Edward Bracich. Kathryn Chrapliwy and James Clevenger were also present. The meeting was held concerning the electric rates being so high in Walkerton and what to do about them. Greg Williams, Clifford Ward, Margaret Gaddis and Marvin Williams have attended several meetings in Winamac along with seven other towns representatives, all of whom have been purchasing electricity wholesale from NIPSCO. The meetings in Winamac have been to negotiate and or the possibility of withdrawing from NIPSCO. All seven towns have a contract with NIPSCO that expires around October 1. 1987. The attorneys representing the towns are encouraging the towns to write a letter of termination of the contract. According to the contract a letter of termination must be written three years prior to the date of termination. The towns have been looking for alternatives and at the present time they have four alternatives who are willing to sell them power right now.

^>^^IIGH YIELD INTEREST RATES EACH DEPOSITOR INSURED UP TO SIOO 000 ACCOUNT RATE CONSUMER INFORMATION 91 DAY MONEY MARKET 10.18% $2,500 MINIMUM DEPOSIT 6 MONTH u g n / M ?«n^T^ ET I U.^O /0 $2,500 MINIMUM DEPOSIT LtK I IriCA I c 12 MONTH . MONEY MARKET 10.50% SSOO MINIMUM DEPOSIT CERTIFICATE 1 ' /j YEAR Tn cnn/ ^?h?tif^cate^ ' 'sU u /0 SSOO MINIMUM DEPOSIT 2 YEAR ~ MONEY MARKET 10.75% SSOO MINIMUM DEPOSIT 2'? YEAR n ~7 tT n / MONEY MARKET I U. / OVO SSOO MINIMUM DEPOSIT CERTIFICATE INSURED d^/a^Xt 9.93% 152,500 MINIMUM INVESTMENT NOW account 7.94% $2,500 MINIMUM INVESTMENT SAVING? K 51/2% SSO MINIMUM (Jyraime^ Aa/iA Phone 5K6-3131 Phone 633-1011 Walkerton. Indiana । «<H.O< 11 loss To SMOE 1o( Wyatt. Indiana ‘ H>H Penalh For Earl) Withdrawal • Mi mlu r FOH'

Greg Williams made a motion to sign the resolution that would authorize the Town of Walkerton to write a letter of termination to NIPSCO. Margaret Gaddis seconded the motion. Mr. Bracich was not in favor of the resolution because he said we did not have a full board present to vote and he didn’t have enough information about the subject. Mr. Williams said he had a full notebook on the matter that has been m the clerk s office since he has been attending all the meetings and that three board members, who have been attending all those meetings feel that terminating the contract can only be for the betterment of the residents in Walkerton who are paying such high electric bills at the present time. The resolution was then read: TOWN OF WALKERTON INDIANA RESOLUTION OF THE WALKERTON TOWN BOARD WHEREAS. THE TOWN OF WALKERTON has an existing Agreement to Supply Electric Service for Resale with NIPSCO for full requirements electric service; and, WHEREAS. THE TOWN OF WALKERTON has the right under Paragraph 8 of that Agreement to cancel the Agreement on October 1, 1987, provided that written notice of termination is given to NIPSCO on or before September 30.1984; and. WHEREAS, THE TOWN OF WALKERTON has under present

consideration certain future power supply alternatives to fill requirements service from NIPSCO; NOW THEREFORE. BE IT RESOLVED by the Board of the Town of Walkerton, Indiana: 1. That written notice of termination of the termination of the existing Agreement between NIPSCO and the Town of Walkerton be given on or before September 30, 1984. 2. That such written notice of termination specify that full requirements service from NIPSCO shall be cancelled effective October 1, 1987 for the Town of Walkerton at its existing three (3) Delivery Points with NIPSCO. The vote was taken on the resolution and passed on a 3 to 1 vote. Williams, aye; Gaddis, aye; Ward, aye; Bracich. nay. NEW BUSINESS: A pay request to EPA and FHA on the Wastewater Treatment Project was approved to be signed on a motion by Williams, seconded by Gaddis. OLD BUSINESS: Ed Bracich made a motion to have the Police Department use Gene's Sunoco as one of their towing agents providing they have the right credentials and to have the Police Chief report on his monthly report who he uses to do the towing and how many times they have to tow. Gaddis seconded the motion and all agreed. No further business to come be-

THE INDEPENDENT-NEWS Publication Number 261460 ROBERT E. URBIN, EDITOR SUSAN R. URBIN, ASSISTANT EDITOR INDEPENDENT-NEWS CO., INC., PUBLISHER 601-03 Roosevelt Road, Walkerton, Indiana 46574-1294 Telephone (219) 586-3139 PUBLICATION TIME: Thursday of Each Week Second Class Postage Paid At Walkerton, Indiana 46574 SUBSCRIPTION RATES: 15‘ Per Copy; $5.00 Per Year (SI.OO Extra If Mailed Out Os State)

fore the board the meeting adjourned on a motion by Gaddis seconded by Williams. NEW PARIS SPEEDWAY NEWS Leßoy Skiles gunned his Camaro into a 6:24 second win over Bob Blount Saturday night at New Paris Speedway in the outlaw super late model feature. Skiles was the second fastest qualifier and ran three-wide to gain an early lead. Following Skiles and Blount were Donny Klotz, Denny McVey and Doug Hanna. Hanna won the dash, while McVey and Skiles notched heat victories. Brian Zoss took the lead from Moose Miller on lap 22 of the 25 lap road runner feature and held on to win over Miller. Joe Smith. Garry Wiles and Chuck Kelly. Jim Hans

Public Auction The undersigned. Executrix of the Estate of Earl R. Leinbach, deceased, will offer at Public Auction real estate located in Hamlet, Indiana on Wednesday, Sept. 26 3:30 P.M. Auction of apartment building will be held at location (across from bank) in downtown Hamlet at 3 30 p.m., followed by other real estate offerings at home site, 104 Division Street Hamlet including Tract 1,2, 3. 4. 5,6, 7, 8. 9 and 10. Information and inspection by contacting Auctioneers at Oak Crest Realty (219) 936-7616 or 936-7159 or Ball Auction Service (219) 342-7535. Ststenwnti Made The Day Os Auction Tako Precedence Over Printed Matter DR. EARL R. LEINBACH ESTATE OWNER LINDA L. MILLER, EXECUTRIX BALL AUCTION SERVICE OAK CREST REALTY Daryl Ball, Auctioneer Sam Goebel, Auctioneer

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won the dash with heat wins taken by Rick Slusher, Rick Reed, Ken Geans, M. Miller and C. Kelley Reed and Bud VanScoik won con solation events. Jim Bishop won an accident marred coyote main event. Thu race was stopped after Gary Chap man did a double rollover. He escaped injury. Bob Wiles won the dash and Jim Ryman and Scott Linville posted heat wins. Racing returns to New Paris this Saturday night with a big 3 in 1 pro gram with practice at 3:00, time trails at 6:30 and racing at 8:00 p.m. Mud Bogs for 4 x 4's will be held at Plymouth Speedway every Sun day starting at 9:00 a.m. Bring your truck and your family and enjoy.