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75 cents winsion-salem greensboro high point -* xxviii No. 13
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77rc Choice Joe African-American News ,t>rary
Millions poured into corridor
City says funds have gone to
help businesses, devebpment
and infrastructure on street
BY PAUL COLLINS
1THE CHRONIC! l
The city has invested ["1
about $2,667,760 in the Lib- I
erty Street Corridor in the last
six months, Derwick L. gg
Paige, development coordi
nator, said at the town hall
meeting for the East and
North wards on Nov. 17.
? Small business loans:
Two loans have been
approved since June 2001,
These loans have totaled
, .w- I
$ 130,000 and have been for a
takeout restaurant at 25th and Liberty, and a minority
hauling business on lvey Avenue.
? Liberty Street Corridor infrastructure: Since
Spring 2000, the new. infrastructure - including
lights, sidewalks/pavers and landscaping - has been
substantially completed for the south central segment
of the Liberty Street Corridor. Estimated costs on this
phase are $1.2 million. This segment will be com
pleted this fall and work will begin in the southern
segment of the corridor next spring.
? Brookwood/Airport Business Park: During the
past quarter. 47 properties were approved for acquisi
tion for the park. Staff still is working with residents
to ensure a smooth transition in this process. The
project acquisition and relocation costs for these
properties are $1.3 million.
? Ninth Street water tank: Improvements have
begun on the tank, and upon completion, the tank will
receive a new design depicting the community. The
estimated cost of the design features for the tank is |
? Pangaea Development Corp.: A new executive
director has been hired. He will begin in December, i
Funding for this executive director came from Local
Initiatives Support Corp. ($25,(XX>). Winston-Salem
Foundation ($45,000) and the city ($10,000). The
board also completed u retreat during the last quarter
to identify some of its long-range goals.
' Liberty Street Corridor building improvement
program: Two building improvement deferred loans
have been approved along the Liberty Street Corri
dor. These loans of $10,000 each will leverage anoth
er $20.(XX) of private investment.
\ . See Corridor on A8
I lit Photo
Improvements to the Liberty Street Corridor
have been on the city's to-do list for years.
Santa with Soul
Photo by f etecia P McMillan.
Mikaela Marsh, 5, daughter of Marcella Marsh is awestruck as she looks into Soulful Santa's face for the first time Saturday. Ben
Piggott played Santa at Special Occasions. He talked with several children - listening to their holiday wish lists after asking them
if they have been naughty or nice. Mikaela whispered to Santa that she wants a Baby Love doll.
Bells are ringing at local malls, stores
Photo hy Courtney < iaillani
Major Francina Proctor is shown near one of the famous Red Kettles.
BY COURTNEY GAILLARD
If you decided to join the crowds
starting Christmas shopping the day
after Thanksgiving, surely you heard
the familiar sounds of bells ringing and
coins swirling around a kettle.
The Salvation Army kicked off its
annual Red Kettle program at Hanes
Mall last week to carols played by the
Triad Brass Band.
Serenading mall patrons on the
busiest shopping day of the year was
not the main goal of the Salvation
The organization hopes to raise
$600.(HX) this holiday season through
the well-known Red Kettle program.
Bell ringers will be greeting shoppers
at malls and shopping centers here in
Forsyth County as well as in Davie.
Stokes and Yadkin counties. All of the
counties fall under the army's Win
ston-Salem Area Command.
Money raised will go toward food, I
toys, clothing and winter relief for the
disadvantaged throughout the area.
According to Major Francina Proc
tor. coordinator of women's activities
for The Salvation Army, the Red Kettle
program hits been raising money in the
Piedmont since the early IKKIs. Last
year, the program helped 1.920 fami
lies in Forsyth and Yadkin counties. |
In the wake of terrorist attacks of
Sept. 11. Proctor says she is not sure of
if shoppers will open their wallets as
wide this year as they have in the past.
She remains hopeful that people will |
"There are a lot of similar organi
zations doing similar work. We're all
trying to support each other and work
together in this area." Proctor said.
If you would like more information
on volunteer opportunities with The
Salvation Army, call 722-8721 or log
to help local
BY T. KEVIN WALKER
Several local agencies charged with assisting the
city's homeless population say they have seen a
recent increase in the number of clients they serve.
So news last week that nine such agencies will,
between then, receive more than $1 million in funds
from the federal government
couiu nor nave come ai a
The city's Housing and
Department applied for the
$1.07 million in grants from
the U.S. Department of
Housing and Urban Devel
opment on behalf of city
agencies that light homeless
ness. HUD has a program.
Continuum of Care, that
specifically sets aside money
to heD the homeless.
Most of the local grants will help agencies sus
tain already existing projects such as Project HOPE,
a school system-sponsored program that assists
homeless students and their families. Project HOPE
will receive a $90.511 grant, and CenterPoint
Human Services was awarded $ 1 84,632 to finance a
program to provide rental assistance to disabled
homeless people and their families.
Three new programs are expected to be jump
started with the HUD money. A program that teams
the Salvation Army and the Bethesda Center will
also focus on disabled homeless people. The agen
cies will receive $486,840. almost half, the whole
sum, for a program to help the disabled and their
families find housing. In addition to giving disabled
Si i Homeless on A8
Better Business Bureau report
shows that CDC has returned
money to some wary investors
BY SHKRIDAN HILL
Several David Capital shareholders have come
to The Chronicle to discuss their concerns ahout the
Eastside Cafeteria project. Some of them have asked
for their money hack, with varying results.
In August. Robert Baskin was turned away
empty-handed when he asked the East Winston
CDC to refund his SMK) investment. However, on
May 18. the CDC bought back the shares of B.
Mumford (30 shares). Vir- .
ginia Newell (HI shares!.
Willie Durham (10) and
Lois Hanes (40).
David Capital, which
operates under the auspices
of the East Winston CDC. is
not legally obligated to buy ^
bach the stock of any share- H
Baskin said he bought L-*
stock in April IW), when
CDC board member Earline
Parninn solicited members of Ihe local Black Lead
ership Roundtable. Buskin, a member of the round
table. was impressed. He tilled out one of the stock
purchase forms that Parmon had distributed to
roundtable members and wrote a check for $5(X).
"They didn't give me the stockholder prospectus
until after I bought the stock," Baskin said. "If I had
seen it earlier. I never would have gotten involved,
because the stockholder booklet explains the risk
involved." Baskin said he began to question David
Capital last year.
He decided to ask for his money back after a
March stockholder meeting this year, when CDC
director James Grace told shareholders that the land
for the cafeteria had not been bought, and the nrajor
S Stockholder on A2