TOWSON — Baltimore's bond ratings have been reaffirmed by the two major New York bond rating houses, enabling the city to borrow money at low cost.
The A-1 rating from Moody's Investors Service and the A rating from Standard & Poor's came as the city yesterday issued $35 million in tax-exempt and taxable bonds with respective interest rates of 5.1 percent and 7.2 percent.
In reaffirming the rating the city has maintained since 1976, Moody's praised the Schmoke administration's "conservative budgeting practices," enabling the city to keep a satisfactory financial position despite little or no growth in income and property tax collections.
Movie series to be held this month at two city parks
The Parks and People Foundation and the Trust for Public Land, in conjunction with the city Department of Recreation and Parks, will hold a "Movies in the Park" series this month, showing the latest video releases at Gwynns Falls Leakin Park in West Baltimore and Waterview Middle Branch Park in South Baltimore.
Movies will be shown at 7 p.m. Friday, June 20 and 27. Rain dates will be at 7 p.m. Saturday, June 21 and 28.
"Movies in the Park" is part of a series of community events being held along the future Gwynns Falls Trail. Information: Ellen Smith, 410-448-5663, Ext. 112.
Library's high-tech kiosks to be installed at 2 sites
Electronic kiosks with information on tourism, jobs, restaurants and events will be installed at Mondawmin Mall and Harborplace by the fall.
Enoch Pratt Free Library is in charge of the project, which will be paid for with a $60,000 grant from MCI.
The kiosks will have a computer, printer and directions on how to run a search. They will be useful for people who want to check the library's catalog, talk to online librarians and surf the Internet.
TOWSON -- The school board approved Monday the following administrative transfers and promotions:
Sandra Lemmon, assistant principal of Bear Creek Elementary, becomes principal of Middlesex Elementary; B. Maria Turner, assistant principal of Old Court Middle, becomes principal of Southwest Academy; Larry Goins, assistant principal of Woodlawn Middle, becomes its principal; Barbara E. Walker, assistant principal of Pikesville Middle, becomes its principal.
Richard M. Gudel, magnet schools coordinator, becomes principal of Franklin Middle; Bronda Mills, principal of Golden Ring Middle, becomes principal of Sudbrook Magnet Middle; Stephen J. Ponziollo III, principal of Rosedale Center for Alternative Studies, becomes principal of Golden Ring Middle.
County approves transfer of Casa Mia's liquor license
TOWSON -- Casa Mia's restaurant, across York Road from Towson State University, changed hands this week, one week after the former owner was fined $1,500 for repeated sales of alcohol to minors.
The county liquor board approved the transfer of the liquor license to Saleh Hani Fakhoury from former owner George S. Nichols.
In another case, the board approved a new package-goods license for a liquor store in Liberty Plaza Shopping Center, 8721 Liberty Road, for Sam Soo Park, Yu Jung Kim and Ok Nam Kim. The board also agreed to preserve the licenses of two more establishments that have been closed for more than six months. Both eastern county licenses will expire by October if not sold by then.
Hayfields plan upheld for golf course, 37 houses
TOWSON -- A circuit judge has upheld plans to build an 18-hole golf course, country club and 37 single-family houses on the historic Hayfields farm at Shawan Road and Interstate 83 in Hunt Valley.
Judge James T. Smith Jr. -- who once represented the Hayfields area as a county councilman -- ruled that county officials decided properly when they approved the project. He removed restrictions placed on the use of the golf course practice range.
His decision to uphold limitations on the use of the country club's banquet facility and overnight accommodations pleased project opponents, but they said they probably will take their fight to defeat the project to the Court of Special Appeals.
Pub Date: 6/11/97