y inct again P ? 75 cents winsion-salem greensboro high point -* xxviii No. 13 d r n c room ' rah-at-lot *5c0^|-w- -w- mm ^ T" ~"W~ * FlgfefgflCe i HRONK i 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 Paige $ 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 I 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 | $17,760. ? 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. 1 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 THE CHRONICLE 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 Army. 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 | he generous "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 onto www.redshield.org/winslon salem. HUD grants to help local agencies cure homelessness BY T. KEVIN WALKER .THE CHRONICLE 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 better time. The city's Housing and Neighborhood Development 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. Wellman 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 Man wants investment returned Better Business Bureau report shows that CDC has returned money to some wary investors BY SHKRIDAN HILL iTRE CHRONICU 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 holder. Baskin said he bought L-* stock in April IW), when CDC board member Earline Newell 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

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