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2The Daily Tar Heel Monday, January 12, 1987
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locked his bike in a highly unusual
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Village Companies
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By CLAY THORP
Staff Writer
The Village Companies, a Chapel
Hill conglomerate consisting of
radio stations, publications and
stores, is undergoing a major revamp
in many departments:
B in order to "put more emphasis
in radio," the companies sold Village
Cable in August, said company
spokesman Roland Giduz.
Giduz said Carolina Cable, a large
cable holding company, bought
Village Cable on Aug. 30 on con
dition that it follow the Village Cable
code on rate changes.
Giduz explained this means the
new cable company will only issue
"evolutionary rate changes" that
Village Cable would itself have
made.
B Village Companies president
James Heavner recently named Peter
Jorgenson as executive vice presi
dent of the radio division which
includes WCHL-AM in Chapel Hill,
WZZU-FM, and WKQQ-FM. This
move was made to unify the expand
ing radio department.
Under the leadership of Jorgen
Housing proposal debated
By SCOTT GREIG
Staff Writer
A memorandum from Chapel Hill
Town Manager David Taylor on a
program for affordable housing
drew doubtful comments at town
council's special 1987 planning
session at Camp New Hope Sunday.
Under debate was the "Affordable
Housing Demonstration Program."
Last March, Taylor submitted "A
Report on Possible Town Initia
tives," which suggested offering
subsidized mortgage financing to
potential buyers of existing housing
and utilizing town-owned land off
Legion Road and on McCauley
Street for new housing.
Taylor's recent memo outlined the
steps through which an affordable
housing project would evolve. It
follows the formation of Capricorn
Isler Joint Venture Inc., a two-'
company corporation spun off from
larger companies, Capricorn Con
struction Co. of Carrboro and
Marshall lsler & Associates.
The joint venture would deal as
a single entity with the town, rather
than forcing discussion to go
between the town and the two
companies separately. U
Taylor's resolution authorizes his
office to negotiate with Capricorn
Isler for the purpose of providing
Chapel Hill with an affordable
housing project.
Electrical Electronic Computer Engineers...
Computer Scientists...E2&thematici&ns...
Language Specialists
Latitude. That's what keeps a job invigorating
the chance to expand your interests, to take
on unheard of challenges, to grow out as well as
up. Well, that's precisely what the National
Security Agency offers you as one of our people.
NSA performs three all-important tasks. We
analyze foreign communications. We safeguard
America's vital communications. We set secur-.
ity standards for the government's mammoth
computer systems. And we want you in on the
Job.
NSA offers choices upon choices. In assign
ments. In projects. In careers. But whatever
your role, it's going to make a difference; it's
going to produce immediate results.
For an Electrical Electronic Computer
Engineer options abound. In fact, the entire
technological and functional spectrum are
yours for exploration. Microprocessor im
plementation and programming, communica
tions system, LSI VLSI, CADCAM, systems
architecture and optics. Among others.
To the Computer Scientist, we deliver op
portunities across the frontier of finite state
machine development. The applications realm:
systems design and programs, applications and
evaluation, and computer security research and
design.
Uathematicians research a variety of mathe
matical concepts Including probability theory,
statistics, Oalois theory and group theory.
Language Specialists in Slavic, Near Eastern
and Asian languages meet the challenges of
translation, transcription and analysis head
on. Every day.
Whatever your field, you can be certain to
find many paths cleared for you. You'll also find
a competitive salary, enticing benefits and an
appealing suburban location between two vital
urban centers Washington and Baltimore.
For additional information, schedule an in
terview with your College Placement Of f ice. Or
write to the National Security Agency.
NSA will be on campus January
20th interviewing graduating
NATIONAL
SECURITY
AGENCY
NATIONAL SECURITY AGENCY- ,
ATTN: M322 (AAM)
Fort Meade, MD 20765-6000
U.S. citizenship required for applicant and immediate
family members.
An equal opportunity employer.
son, former head of WZZU-FM, the
Village Companies will buy or form
various radio stations in the area.
B In its latest acquisition, Village
Companies recently purchased "The
Leader" newsmagazine. The 2 1 -year-old
magazine will continue to be a
news source for the Triangle area,
Giduz said, but will undergo some
design changes.
The Village Companies also own
and operate "The Village Advocate,"
a local shopping guide; University
Directories, a publisher of college
telephone directories; "The Triangle
Pointer," a visitor information
publication; and "The -Mall Advo
cate," a producer of advertising
sections for shopping malls
nationwide.
Village Companies also include
Village Printing, a local printing
company; The Print Shops, a group
of three Triangle area stores special
izing in art and framing; and The
Tar Heel Sports Network, broadcas
ter and owner of exclusive radio
rights to UNC football and basket
ball games.
Both Capricorn Construction Co.
and Marshall Isler & Associates sent
in proposals late last year outlining
how they would go about planning
for affordable housing.
Taylor said his office determined
both companies had different
strengths and features he felt com
plemented each other.
But Councilman R.D. Smith said
he was concerned that the town
manager's office had jumped on the
first offer too quickly.
"1 think maybe the town could
have shopped around a little bit
more," Smith said.
Smith also pointed out that no
qualifications had been made yet as
to who would be eligible to live there
and what the rules and regulations
imposed on such a project would be.
Councilman David Pasquini said
he was concerned about the $55,000
per unit price suggested by Capri
corn Isler, saying people for whom
the project was not intended might
end up living there because low
income families could not afford
them.
"1 dont think that our big concern
should be providing a housing
project for moderate income fami
lies," Pasquini said. "We should
instead be providing for low income
families."
Taylor's office will release a report
on the project to the council for
discussion and possible revision Jan.
26.
SOCIETY-
UP TO 35 OFF.
STYLES, COLORS AND SIZES
A FREE GIFT TO THE FIRST 100
CUSTOMERS
153 E. Franklin St. Chapel Hill
967-5335 SALE BEGINS MONDAY
Reagan continued deals
against advice, panel finds
From Associated Press reports
WASHINGTON A Senate
Intelligence Committee member
said Sunday the panel's investi
gation shows that President
Reagan was the driving force
behind the decision to continue
selling arms to Iran after the first
such shipments failed to free all
the U.S. hostages held in
Lebanon.
"It was kept going primarily
because the president wanted to
continue the program," said Sen.
William Cohen, R-Maine.
Cohen praised Reagan for
trying to win the release of
Americans held by pro-Iranian
forces in Lebanon and to find a
diplomatic opening to Iran. But
he criticized the president for
overriding misgivings among
senior Cabinet members and the
intelligence community about
selling arms to Teheran.
Iran, Iraq exchange bombs
NICOSIA, Cyprus Iran
launched missile attacks Sunday
against Iraq's capital of Baghdad
and the southern port city of
Basra. Iraq said it hit back with
a "devastating" air raid on Aya
tollah Ruhollah Khomeini's holy
city of Qom.
Fierce ground fighting was
reported for a third straight day.
Communiques from both sides
indicated Iran's forces were still
on the offensive near Basra.
Teheran radio claimed Iranian
Board
relations effort to inform the state's
high school students and their
parents of increased admissions
standards at all 16 schools in the
UNC system. This move was
adopted at the Board of Governors
December meeting.
In addition to informing North
Carolina's school board presidents
and guidance counselors, the system
produced two television commer
cials to be shown during this season's
UNC and NCSU basketball games.
The chancellors at both UNC and
NCSU agreed to give up a portion
of their allotted commercial time to
show the 30-second spots, Robertson
said. UNC's Kenny Smith and
NCSU's Walter Lambiott star in the
ads, which began airing Thursday.
In one of the spots shown to the
board, Smith, in uniform, makes a
20-foot basket before explaining that
just as the NCAA changes its rules,
UNC-syStem officials change theirs.
The new policy requires freshmen
entering in 1988 to have four English
courses, algebra and three science
courses in high school. "Or you
might not make it in," Smith says,
lobbing a perfect swish.
Before the meeting ended, Gary
Career fair
The Annual Accounting Career
Fair will be held Monday in Great
Hall from 1 to 4 p.m.
Seniors are invited to meet pros
pective employers, and underclass
men may explore internship oppor
tunities. Interested students should
bring a resume.
1 Rjj
OW2
ARE BEST
MOW!
News in Qrief
troops killed or wounded 14,000
Iraqi soldiers and captured 1,000
since the offensive, called
Karbala-5, which began early
Friday.
An unidentified Iraqi field
commander quoted by Iraq's
official news agency said Iran lost
250 tanks in heavy overnight
fighting, with Iranian casualties
including at least 5,000 dead.
Pay-back or pay-off?
WASHINGTON - Adminis
tration officials seeking to return
the $500 million the United States
owes Iran say they face minor
technical roadblocks and one
major political task convincing
the public the money isnt an
attempt to ransom hostages.
The Iran-U.S. Claims Tribunal
in The Hague, Netherlands, ruled
last year that the United States
must return roughly $500 million
left over from a $3.7 billion fund
that Iran deposited in the New
York Federal Reserve Bank to
pay off syndicated loans made
during the rule of U.S.-backed
Shah Mohammed Reza Pahlavi.
"There is a realization that
some people in the United States
will misinterpret . . that this was
a payment for the release of
hostages, which clearly it is not,"
one official said.
from page 1
Mauney, president of the N.C.
Association of Student Govern
ments, said he opposed posssible
increases in tuition and the possibil
ity of it creating "debilitating debts"
for graduates due to cuts in student
aid on the state and federal level.
The UNC-system's student body
presidents plan to continue lobbying
efforts in Raleigh and Washington
to "vigorously oppose any tuition
hike," he said.
Mauney also asked the board to
continue its support of the removal
of architectural barriers to handi
capped students on campuses and to
use their influence to get the neces
sary funds appropriated by the N.C.
General Assembly.
The student governments of the
system campuses also oppose man
datory drug tests for college athletes
in North Carolina, and they oppose
proposals at some campuses to ban
students with low grade point aver
ages from extracurricular activities.
Also, Mauney reminded the board
that the Association of Student
Governments had passed a resolu
tion calling for th system to divest
all holdings in South Africa.
to be held
Companies that will be present at
the fair include Burlington Indus
tries, IBM, and Duke Power. A
number of public accounting firms
will also be present.
The fair is sponsored by University
Career Planning and Placement
Services and Beta Alpha Psi.
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