Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: THURSDAY, July 21, 1994 TAG: 9407210078
SECTION: CURRENT PAGE: NRV-2 EDITION: NEW RIVER VALLEY
SOURCE: By PAUL DELLINGER STAFF WRITER
DATELINE: PULASKI LENGTH: Medium
The loan to John David Wine will come from the town's Urban Development Action Grant funds, earmarked for economic development.
A matching loan will come from Signet Bank, with the money going toward the acquisition and renovation of the building. Its appraised value is expected to be $560,000 after the renovations.
Wine has bought a building at 58 N. Washington Ave. in Pulaski to combine the corporate offices at the same site. Seven employees and a distribution and repair center will be moved from Pulaski County to the town.
Wine has a total of 29 employees and plans to hire more this year because of the growth of the businesses.
He also will relocate some $1.3 million worth of furniture, fixtures and equipment to the Pulaski site along with eight vehicles which will be subject to the town's machinery and equipment tax and personal property tax.
Council agreed to the loan at Tuesday's meeting.
Council also approved a conditional use permit for Medhat Aboukoura, owner and manager of Ciro's Pizza, allowing the location of three pool tables in his restaurant, and a rezoning for property near Pulaski Community Hospital so medical buildings could be located there in the future.
Chris Dux, the hospital's chief operating officer, told council the hospital had funds in its budget to buy the property this year and might not have them next year.
The hospital already had an option on the property, he said, and would execute it before the end of August if the rezoning was approved. Otherwise, he said, the option would be allowed to expire.
Town Manager Tom Combiths disclosed that the property in question belongs to his family and took no part in council discussions about it.
Combiths reported three bids for work on reopening Dora Highway, a section of which has been closed since last winter's ice storms. The bids will be opened at 2 p.m. Friday, and an Aug. 12 starting date is planned.
Once the stabilization work is done, Gallimore Paving will start working on the road and town employees will install guard rail. Combiths estimated that the section could be open again by Oct. 7.
A new water line on Mashburn Avenue will provide higher pressure to Bland Street, the lower areas of Matthews Court, the east end of Floyd Lane and the lower part of MacGill Village, Mayor Andy Graham announced. These areas have experienced low-pressure problems.
Residents who find the pressure too high can get a free pressure-reducing valve from the town's Public Works Department, Graham said. The resident will have to install it.
Graham also called for volunteers to help get the Train Station Museum open in the renovated town depot. It also is time to start planning to extend New River Trail State Park from the edge of town to the depot, he said.
by CNB