i) i 1 3 B by 1] 4 $400,000 + budget approved GROVER - Without comment, Town Board Monday night adopted a $412,055 budget for 1992-93 in probably one of its shortest meet- ings. At 7 p.m. Mayor Ronald Queen called an executive session for the board to discuss the 1991-92 bud- get to date, and by 7:15 p.m. the members had returned to the Council Chambers and passed both the amendments and the new bud- get. Last Monday the board held a budget workshop at which no ques- tions were raised about the budget, which represents an increase of $41,618 from last year's budget, in- cludes a merit raise for the town's four employees, and keeps the same tax rate--20 cents per $100 valuation for the general fund and 0.9 cents per $100 valuation for the water and sewer funds. In the general fund, a total of $66,722 is appropriated for the po- lice department and $11,800 is ap- propriated for streets. A total of $14,855 is earmarked for Grover Municipal Park. Total expenditures from the general fund are estimated to be $238,855. and total utility fund expenditures are expected to, be $141,480, including $13,000 for water purchases from Kings Mountain and $10,000 for water testing. Earmarked for street im- provements in the Powell Fund is $31,720.00. Anticipated revenue includes $238,855 from the general fund; $20,816 from the Powell Fund; $10,904 from appropriated fund balance; and $141,480 from water and sewer fund. Mountain Fest set to become annual event What do you get when you com- bine summertime, good food, live music, and challenging sporting events? You have Mountain Fest, ac- cording to Chamber of Commerce President Ruby Alexander, who said Chamber directors have ap- proved holding the event again next year on the weekend after Memorial Day. "We evaluated the recent Mountain Fest and plan to make several additions to the format for next year," said Alexander. Another program this year will be After Hours at various industry and business, she said. Alexander said the Chamber will sponsor a commercial advertisment for local industry and business to be aired soon on cable and in the Charlotte- Metrolina area. Recently the Chamber put Kings Mountain on Jones Intercable and several people who have seen the spots have called Chamber officials praising the PR for Kings Mountain, said Alexander. Kings Mountain GIFT TO SENIOR CENTER - Jessie Collins, left, chairman of the recent bridge/fashion show benefit of Kings Mountain Woman's Club, and Johnsie Reavis, club treasurer, right, present a check for $400 to the Kings Mountain Senior Center to be applied toward purchase of a computer. Senior Center Director Monty Thornburg accepts the gift. PHILIPS From Page 1-A : The acquisition is effective January 1, 1992. The Kings Mountain facility has experienced rapid expansion since initial operations in 1986. Employment has grown constantly. Large capital investments have been made in production facilities. Today, the plant is capable of pro- ducing over 60 million CD's a year, which makes it the third largest producer of CD's in this country. The latest plant expansion was an- nounced in late 1990 to be com- pleted in 1992., At that time, pro- duction capacity will exceed 70 * million discs per year. The plant's major customer is PolyGram Records, Inc. PolyGram is a large recording company which owns several other record labels such as Island, A&IM, London, and Mercury. PolyGram accounts for 60-65 percent of sales. Other major customers are BMG Record Club and Capitol. — In early 1991, the Philips Company acquired Dupont's inter- est in the manufacture of the audio (music) portion of the company. Dupont has withdrawn totally from the joint venture with Philips. The Philips Optical Media Corp. is located on Highway 29 about two miles off I-85 near Grover. ‘The company began operations in the fall of 1986 and manufactures CD audio discs for various music .. recording companies. Philips and Dupont Optical Co. was formed as a joint venture between the Dupont Company and the Philips Company in 1986. Philips had introduced the compact disc in 1979, and began mass production of discs at its Weather Report June 10-16 Last Year Total precipitation 1.77 06 Maximum one day 91 [03 (13th) Year to date 27.65 (14th & 16th) 30.18 Minimum temperature 60 (11th) 63 (12th) Maximum temperature 88 (15th) 91 (16th) Average temperature 70.6 76.4 Friday, June 19 Saturday, June 20 - Sunday, June 21 Coleman Camper Display By Young Motor Sales Tent & Outdoor Equipment Display By J.N. Rich LQ CLEVELAND MALL \ Highway 74 Bypass East -Shelby, N.C. :704-484-2001 *Mon.-Sat. 10-9; Sun. 1-8 if ~ CLEVELAND MALL MOUNTAIN TROUT FISHING Fish Rain Or Shine Pond Inside Mall Poles, Lines, Bait Provided Keep The Fish You Catch Fish Kept On Ice While You Shop $2.00 For 7 Minutes Rod-And-Reel Given To Largest & Smallest Catch Of The Day plant in Hanover, West Germany in 1982. Production of a compact disc is a highly technical process in- cluding lasers, electroplating, molding, printing and packaging. Rock, pop, rhythm and blues, gospel, country, jazz, classical, and every type of popular music is now on compact disc. It is estimated over 35 percent of US households now own a CD player. Philips was also instrumental in the develop- ment of CD players and player technology. U.S. sales offices are located in New York, New York and Burbank. California. SHELBY 40-44 Short. Thursday, June 18, 1992 -THE KINGS MOUNTAIN HERALD-Page 3A freezing is complete. and low-fat desserts. SALE PRICE Yard Sale] Saturday, June 20th beside J.D.'s 1703 Shelby Rd. 734-1512 HM Easy electric freezing in 25 to 40 minutes — without artificial ingredients or preservatives. BM UL Listed. ® Full one-year warranty. @ Sturdy, light polypropylene bucket. Model 8405 4 Quart For a cool Giff On A Hot Father's Day ® Enjoy frozen yogurt, homemade ice cream, low-fat ice milk, sorbets, sherbets, ices. HE Convenient! Uses either table salt or rock salt. HE See-thru cover lets you check consistency. HM Powerful motor automatically shuts off when | Complete recipe book for frozen yogurt, ice cream mame. Tr — eyes im, MADE IN THE USA f) Cl BRIDGES HARDWARE =f po] Sed SL RES Co LURE SCE CEE = NE RSC RR ERTS : : ~ Open Mon.-Fri. 8-8; Sat. 8-6; Sun. 1-5" Cleveland Mall Open Father's Day 119.99 Andhurst Suits Year-round poly/wool blend in sol- ids, stripes or plaids. Plain or pleated fronts. Sizes 36-50 Reg. 33-50 Long. Levis Dockers® Knit Shirts 23.00. 19.99 sizes 30-42. Reg. 27.00. All-cotton pique knits in blue, cobalt, purple, turquoise, navy, black or white. M-L-XL. Reg. Levis Dockers® Shorts All-cotton sheeting single pleats with side-eleas- PF tic waistband in tan, jade, navy or grey. Mens Ly { 23.99 Levis Dockers® Twill Slacks All-cotton double pleated, belt loops, quarter top front pockets in khaki, navy, olive or tan. Waist sizes 30-42. 19.99 Arrow Dress Shirts Poly/cotton blend. Reg. 25.00-23.00. Short sleeve dress shirts in solids, stripes or checks in Dover button down or Bradstreet spread collar. 12.99 Saddlebred Ties Selected patterns of cotton or silk in the latest fashion designs. Reg. 18.50. 25% Off All Mens Underwear, Robes and Pajamas FFug FETRERTENRRER

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