CLUB OWNER TO SEEK RESTAURANT FUNDING

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, February 18, 1993                   TAG: 9302180184
SECTION: CURRENT                    PAGE: NRV-2   EDITION: NEW RIVER VALLEY 
SOURCE: PAUL DELLINGER STAFF WRITER
DATELINE: PULASKI                                LENGTH: Medium
CLUB OWNER TO SEEK RESTAURANT FUNDING
The owner of a new music club in downtown Pulaski will meet with the town's Finance Committee about possible funding for a restaurant in connection with the enterprise.
George E. Penn told Pulaski Town Council that the grand opening for Ellery's Blues & More went well Saturday night. He said he wanted to seek a loan from the town's Urban Development Action Grant money, earmarked for new businesses, for the restaurant.
Council on Tuesday night referred Penn to the Finance Committee, which will meet next Tuesday at 5 p.m. The committee will make a recommendation to council, which meets March 2.
In other business:

The town's Public and Personnel Relations Committee has been busy interviewing candidates for town manager. Don Holycross resigned last month to become the first manager at Atlantic Beach, N.C.
Council has acknowledged only that the committee has been meeting in closed session at an undisclosed location, but tacitly admitted it was to interview applicants.
"Well, I don't think there's been any doubt about what we're talking about," said Mayor Gary Hancock.
Hancock reminded council that it had considered scheduling a planning session to set goals and objectives for the town. Holycross' departure caused that to be delayed, but Hancock suggested it would be a good idea to have perhaps a half-day meeting so objectives could be given priorities before the new manager is hired.

Council approved a request from Magnox Pulaski Inc. to close an unused part of Pinnacle Street, from Commerce Street to a point 225 feet east of Pinnacle.
Hercules Inc., which owned the property before Magnox was started, gave land to the town in 1968 that later was developed as part of Pinnacle Street.
In 1991, the town completed a bridge over the railroad connecting Commerce and Pinnacle. The part of Pinnacle beneath the railroad was closed to vehicles and, because it was no longer used as a street, Magnox asked for it to be closed.
The section had been a maintenance problem and subject to flooding. Magnox has indicated that it may have plans for the property now that the street is closed.

by Archana Subramaniam by CNB