Newspapers / Daily Tar Heel (Chapel … / Feb. 9, 1973, edition 1 / Page 3
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ThDry TaHl Utilities sale heard prop FrKfey. February 9. 1973 ..x J Who knows where one might end up if he were to follow those tracks around the bend? If these rails have that modern malady known as "the disappearing railroad blues", you might not get anywhere. (Staff photo by Tom Lassiter) by William March Staff Writer The electric and telephone subcommittee of the University Utilities Study Commission met Wednesday. Feb. 7, to consider offers from companies who propose to handle the sale of the utilities for the University. The proposals involve offers to appraise the value of the utilities, to develop prospectus documents which will be sent to potential buyers describing the utilities, and to evaluate bids or negotiate with buyers after offers for the utilities have been received. The N.C. State Utilities Study Commission recommended in August that the University divest itself of its utilities. The University decided in the fall to sell them. Chapel Hill, Carrboro and Orange County have expressed interest in buying and jointly operating the utilities on a non-profit basis. The necessity of employing legal counsel to avoid legal entanglements during the sale was also discussed during the meeting. John Temple, assistant vice-chancellor for business, said that choosing a law firm would pose a problem. "We must hjvc a firm ilh experience in utilities, but which has no conflict of interest. They cannot have ties with any potential buyers of the utilities. Temple recommended the Greensboro firm of McLendon, Brim, Brooks, Pierce and Daniels. . The subcommittee will meet with a representative of this company and with representatives of companies proposing to handle the sale on a fee basis on Tuesday, Feb. 27. Part of the subcommittee's decision on how to sell the utilities will be whether to ask for bids or to negotiate with News in brief prospective buyers. If the committee decides to have the utilities appraised for market value, it could be quite expensive, though none of the proposed fee figures for appraisal were released at the meeting. During the meeting, the possibility of considering bids without paying for a prior appraisal was brought up, but several committee members, including Temple and the chairman, State Senator John Church, felt that an appraisal might reveal the utilities to be more valuable than is now realized. Temple said that whatever the committee decides as to how to sell the utilities, the final decision on the sale rs subject to the approval of the UNC Board of Trustee- and the Board of Governors of the University. Any legal counsel hired by the. subcommittee must work with the N.C. attorney general's office, which responsible for serving as legal counsel to the University in all its legal dealings. Vice Chancellor for Business Joseph Eagles, also attending the meeting, stated that Atty. Gen. Robert Morgan tuJ granted permission for supplemental counsel to be hired for the sale. Trustees to meet today CaDTDPoas Caieondair Today's activities Coming activities Allah Kuli Kalantar will speak on "Bah'u'llah, The Promised One of All Religions" at 7:30 tonight in room 202 of the Union. There will be a Leadership Conference of Campus Crusade for Christ at 6:30 tonight in room 204 of the Union. Ice skating at Daniel Boone will follow. A communal dinner will be held at Hillel tonight. Interested persons should call 942-4057 or 967-6117 by noon. Robert Johnson, Methodist chaplain, will preach at the 11 a.m. service Sunday, Feb. 11, on "Privacy, Community and Transcendence." At 4 p.m. Sister Elizabeth McAlister of the Harrisburg 7 will speak in the upper lounge at Wesley. The Triangle Recorder Society will sponsor an all-day workshop, open to all recorder players in the area, beginning at 9 a.m. Saturday, Feb. 10, in 206 Hill Hall. The workshop will be conducted by Eric Leber, a nationally known performer and teacher of recorder and harpsichord. At 7:30 p.m. Leber will hold a class in English Country Dancing at the United Church of Christ fellowship hall. Where in Health Are We Going? Student manpower needed for Interdisciplinary Health Conference planning. Focal Point: Health Team Approach sponsored by Student Health Action Committee. Meeting for all interested people at 7 p.m. Thursday, Feb. 17, in Room 106 Basic Science Building. The UNC Frisbee Team will practice the coed sport of Ultimate Frisbee at 4 p.m. Sunday, Feb. 11, on the Astroturf. Contact Larry Schindel, 933-4498, for rulebooks and information. A meeting to organize spring practice for the UNC sailing team will be held at 8:30 p.m. Tuesday, Feb. 13, in the Union. Anyone of any age who knows or wants to learn to race is invited. For information call Don at 933-8853. The Board of Trustees will meet at 10:30 a.m. today in the Faculty Lounge of the Morehead Building. Discussion of a water mains policy and the status of utilities is scheduled. In executive session, personnel and property matters will be discussed and a report from the committee on honorary degrees will be received. Henry A. Foscue of High Point, chairman of the trustees, will preside. Salt speech N.C. State University Professor Albert Carnesale, a member of the U.S. Delegation to the Strategic Arms Limitation Talks from 1969-72, will discuss "Negotiating SALT I" at 8 p.m. Monday, Feb. 12, in 100 Hamilton Hall. His talk, sponsored by the Curriculum in Peace, War and Defense, is open to the public. Carnesale has been chief of the Defensive Weapons Systems of the U.S. Arms Control and Disarmament Agency. He heads the Division of University Studies at N.C. State. He joined the faculty there in 1962 as an instructor in nuclear engineering. Carnesale holds degrees from The Cooper Union, Drexel Institute and N.C State. Civil liberties Jean Benoy, assistant North Carolina attorney general, will be the speaker at the third annual meeting of the Chapel Hill Chapter of the North Carolina Civil Liberties Union on Monday. Benoy is active in the consumer protection activities of the Justice Department and argued for retention of the death penalty before the North Carolina Supreme Court. The meeting will begin at 8 p.m. at the Community Church on Purefoy Road and is open to the public. Bahrii speaker The UNC Baha'i Club will sponsor a talk by Allah Kuli Kalantar at 7:30 p.m. today in room 202 of the Union. He will lecture on "Bahau'llah-The Promised One of All Religions." Kalantar has taught the Baha'i faith and lectured throughout the United States and Canada. A noted authority on oriental art, Kalantar managed the Persian Art Center in New York City. Kalantar has lectured on the culture, philosophy and history of Iran across the United States. The meeting is open to the public. Botany lecture "Plants in Our World," a lecture illustrated with live plant materials, will be given by Fayetteville nurseryman Gordon Butler at 3 p.m. Sunday in 201 Coker Hall. The program is Carolina Botanical Sunday afternoon members of the Foundation. There general public. In 1972, Butler was honored with the first N.C. Nurseryman of the Year Award. part of the North Garden's monthly lecture series for Botanical Garden is a $1 fee for the THE DISCOUNT RECORD AND TAPE CENTERS HAVE AN IMPORTANT MESSAGE FOR YOU: We got a sa oing on every I day If you didn't know, We always undersell our crosstown competition Any regular or sale price on their regular stack of recordings is undercut. WHERE IS NO. 1? Discount Record & Tape Center no. 1 456 W. Franklin St., across from Leo's and next to the Wildflower Kitchen call us -929-7409 In the coming weeks we'll have the best area stock in Classicals - all labels, budget or regular. Less than "theirs." -Accessories - all lines of items to keep your recordings in top condition. . Tapes - get your pre-recorded tapes at great prices. Get B LANK TAPES and save more dough. Equipment - if you want, there's Audio Underground, and see their DTH ad, too. 7 Brand new Clapton CLAPTON reg 598 list now 2" Poiydor courtesy Poiydor Records That's not all that's on sale, though, see their sale items and buy from us (ends 21773) BOTH STORES feature our own and FWD Special order services for that hard to get item. feature a RAIN CHECK service on those popular sale items that occasionally sell out if we have a promotional copy, you can HEAR IT, before you BUY IT. WHERE IS NO. 2? Discount Record & Tape Center no. 2 NCNB Mall, downtown, next to NCNB Bank and across from the Carolina Coffee Shop and Town Hall Enter from the rear on Rosemary Street, with plenty (and we mean it) of parking i j I i i fCJG i i It's just a block away from the higher-priced record store with everything from the Beatles to John McLaughlin to Issac Hayes so, watch their sales but buy it for Jess from us an inflated tear for Gary, Randy, and Papoon. Good morning to Golden West Eidra J RUSSELL -STOVER CANDY HEART (THE BEST at $1.15 to $11.95) FEBRUARY 14th IS THE DAY Chape! Hill. N. C, Qupel KJ1.M.C:
Daily Tar Heel (Chapel Hill, N.C.)
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Feb. 9, 1973, edition 1
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