Amherst News-Times, 2002-06-19
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Resident is 106 years young — Page 5 Comets key West win — Pac Amherst News-Tim* O t- o o O U> X X r- OD M M C 0*i O O at x 00 < X M C m m CO p- ry> e> a h m *> o -». *0 <S> X» M N) < O-^ m *» a> P w CO a t:I t)Nl SDAY, June 19, 2 Amherst hires firm to boost interest gains by AMY PERSINGER Naws-Timos reporter Amherst city council has voted to suspend council rules and vote to pass an ordinance an ordinance on first reading that would authorize the treasurer to sign a contract with an investment advisor in an effort to boost the city's investment income. Roger Cox, president of Bond Tech, Inc. met with the finance committee last week to explain what the company could do to help the city. Amherst treasurer, Kathleen Litkovitz, told the committee that she had been working with Bond-Tech for about a year and the need for expertise had become apparent to her. The city needs to make sure that funds stay liquid so the city has access to its money at all times. At this point the funds are not earning what they could, according to Litkovitz. According to documents submitted by the treasurer to council, the city was earning 6.4S percent interest in January, 2001. The city earned $82,642 that month. In January, 2002 the city was earning 2.02 percent interest with an interest income of only $28359. In April the interest had declined to 1.92 percent Litkovitz said the interest rate declined sharply after the attacks on the Pentagon and the World Trade Center on Sept 11. The chart created by her office showed that interest rates had declined, but stabilized before the bombings. The city's general fund depends heavily on the investment income generated by the investing part of the fund not needed for immediate expenses. In 1999 the city earned $835,126. The city's year-long interest income topped out in 2000 with $988,883 and declined to $696,807 in 2001. City auditor, Diane Eswine, told council previously that the city needed to find other ways to bring revenue into the general fund. She suggested charging more for services that the city provides that do not benefit the city as a whole, such as opening gravesites. The city does not charge residents what it costs to open gravesites and therefore loses money when it provides the service. Cox said that although it is against the law to guarantee a return on investments, Bond- Tech would sign a contract with the city that would include a predetermined minimum interest perhaps based on the interest being generated by Star- Ohio, the fund the city invests in now. He said if there is a lack of satisfaction on the part of the city, the city can decline to continue its contract with the company, giving a 30-day notice. The company would provide the city with documentation of all of its investments and the city could then make its own investment choices. The company's president also told council that the company would waive its fees if the city's return is lower than the agreed on benchmark. Litkovitz told council that the city has $17 million available in the fund, but she would only invest $5 million with Bond- Tech. "Just to get our feet wet" she told council, "see how successful we are." Council agreed that the city would need to upgrade its investment policy in conjunction with engaging the services of Bond-Tech. 2nd suspect arrested 'n daylight breakin manhunt The second man police suspect in string of daylight robberies around ie county last month was arraigned riday in Oberlin Municipal Court Police suspect that Hector Rivera i the suspect who eluded them dur- ig a day-long man-hunt that took fftcers from five departments all trough Amherst and resulted in the rrest of Jose Ortiz. Ortiz's case has een bound over to the grand jury nd he is being held in the Lorain !ounty Jail on a $500,000 bond. Rivera was only charged with one ount of burglary, but police suspect e may be involved in at least nine old daylight burglaries with Ortiz. Sgt Dan Jasinski and Lt Joe Ku- irek picked up 21-year-old Rivera fter being notified that he'd been pprehended and taken into custody y Cleveland police. Rivera allegedly escaped police i a stolen Ford Contour after a resi dent called police that two suspicious men were knocking on his door. The resident said he didn't recognize the men who claimed to be looking for a man the resident had never heard of. Ortiz was captured by Ihe Lorain County Sheriff's department with the help of an Amherst Township resident after eluding the police on foot for several hours. Police found items that had been stolen from one of the houses that the two men are suspected of burglarizing at Park and Pawn on Ndrth Ridge Road. The items had been pawned using Rivera's identification. A Chicago man was also arrested in Michigan last month while driving a car that was allegedly stolen by Rivera and Ortiz in Lorain County on May 9. Man injured in crash An Ainherst man is still -ed in stable condition at lealth Medical Center in Cleveland or injuries sustained ia a motorey- le accident early Friday morning. David Milk and a female pasaeo- *x were traveling easd*c_nd of -ooper Foster Park Road at about : 13 a.at when Mills ejjftarendy loat ontrol of the motcrcycle on a urve. He crossed left of the center- ine, according to a a_ta_wnt re- Based by An-Jterat --dice, and con- inued off the roadway oa the lorthside. Mills hit a large rock and was brown from the tnotoreycle. Rescue workers from the herst police department fire meat and North Owiral EMS on the scene and Mills was Lorain Commmuntoy Heakh ners west campus. He waa ferred to MettoHflaht rvwtirlr-n wag t*et-«f-f _| tensive care unit The North CentralEMS to munityHtMUhPartaetsir-ttat AN.HI.KS'I . OHIO Young citizens Children from Amherst Safety Village pose while checking out enue. last Tuesday. Safety Village started Monday with a variety of Patrolman John Batog's cruiser at Beaver Creek Park on Lake Av- activities for young children. Firelands retiree was S. Amherst first Aav said to Part- It's trie just a little encouragement Cawwork wonders in a child's life — -»«lesson learned early by one local teacher. Marilyn Immler. a retiring School District wanted to be a teacher when she was still a young girt After helping a neighbor child with homework, the child's mother told the young Marilyn she would make a good teacher, Immler said. Those were encouraging words the girl took to heart For 32 years she was the one encouraging children in the classroom and on the playing field. She started teaching at South Amherst Elementary School in 1971. immediately after graduating from Ashland College. The South Amherst school district would not merge with the Firelands School District for another 17 -rears. 1 always wanted to be a teacher,'' she said. Immler spent most of her years in the classroom trar*-|'*ig third grade, but she also taught second grade, gifted students, remedial students and junior high. She chose to leach fifth grade this year, which is housed in the South Amherst Flpmftttary school **ir**ift*>g. so that she could be ia the same building where she'd started. 1 wanted to end my career where I ststtod,M she said. She also taught cheerleading for 16 years ia the Sooth Amherst district She coached junior high girls and led Ihe -ranUy squad at South Ainherst Ugh School. Under her t-[%ir« South Amherst's squad was the best ia Lorain County, according to her husband, Bill Immler. "At Firelands. the moat fun was the dance team," Immler said. She said the Mam weat to "»*--*-'■ twice hi Jackaonville. Fla. Immler's twin sisler, Marilee Le- lak, was also aa sleai salary school fftjfjt-a- before she chose to slay at with her cltikhen, Iamler nd her twin fifth andes. She got quite a laugh whan die s-o-fht they had her again m i*a*nn gn_e. she taught elemouary, she was the varsity cheerleading coach. "When we hadp pep rally, it was K-12," she said, "fWe wanted to create that kind of •jatmospherc." ' The junior higfT and high'schools were housed in the same building, and the elementary was within walking distance. The Immlers worked together on other special events like the Little Cavaliers Program. In it, older children helped the little ones with basketball and cheering. Mr. Immler is a teacher in Westlake. Together they have a son, Wes, who will be a junior at Steele High School in the falL Education was clearly important in Immler's home growing up. Her father was on the original board that created the Firelands School District A representative from each community that would form the district was chosen to sit on the board. South Amherst was not part of the original district Immler's father represented Kipton, where the fam ily lived. "A member from each community formed a committee to find a location for the new school,'* Immler said. The committee chose the location of Firelands High School because of its central location for all the communities it would be serving. When she was pregnant with Wes, Immler found herself in a position she never expected, nor could anyone else have expected. She coached the varsity baseball team to victory in the Inland Conference Championships, the first championship South Ainherst had received in any sport Remember, she was the cheerleading coach, not the boys varsity baseball coach. Immler was the only South Amherst faculty member in the stands watching the boys play for the championships. South Amherst was behind, but holding on, when Bill Immler was thrown out of the game. The team would have to forfeit the game unless another member of the faculty would step up and coach the team. Only Immler sat in the stands, seven months pregnant with her first child. Immler decided to rise to the occasion. "The team rallied and won the game!" Immler recounted and laughed. "All the men that coached the team, it was the team with the woman that won it!" "There have been so many families we've been close to. Even kids we've gotten close to," Immler said. This year she had a little girl whose parents were both students of Immlers. "When you worked with a child, you worked with the whole family. They were very supportive.'' Immler said of the small district Immler said she doesn't have much planned for her immediate future — just to be a wife and mother. Down the road, though, after Wes has graduated, she said she would like to help student teachers. It looks like the encoutagernent won't stop, if Immler has her way, t-_t_-_*ta tie tiny So*e*h Us *%- "Wa te l»ast of to Bill 1983. The accident is still galion by Patrolman Michael ..ado a i The twoa-at lead-** advisor aat to waste at_ letic daw tor at the high sdtooL for -eaters to have i of the* owa builds** In a aMdl dta-ct Even though Man/an Immlef b*girt* rtaf rttkenr-ant after 32 achooi dMriota. lmrr-fKtr4Mdah« lookatofWeVrito yaare with tha South Amharat and Firelands f, «,'-*** **. m*X4*a*^-mM.mm*A*tammm*' m imaaaa* *am,_._. ujj.
|Title||Amherst News-Times, 2002-06-19|
|Date of Original||19-JUN-2002|
|Submitting Institution||Ohio Historical Society|
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