1983-09-16; Central Michigan Life

              Central Michigan LIFE
Vol. 66 No 8
l'.s.U'M I.IKK
Mount Pit-as;!r-.t. Mi.-h. Isbu'.a
\'~  ['.IkTa-S
Kri.l.iv. September IP, »ysj
CMU reaches in foal bond agreement
by WENDY GAGER
LIFE Stalf Writer
An initial bond agreement of $s.<th nullum was reached Thur-da\
for partial funding of t hi- w o.pd hunting plant and t ht- new ta • !*- f > hi.. r- a-
system.
Last Fridav afternoon waird v«.as received from thr Inn NY a ^ nrj,
bond rating ,ii;('iint-s. Moodvs and Standard and l'oors. that Central
receiwd an A ratini; which was us.-.I tn help k'am,'>- thr a-xa.-t !<>u;
amount and interest rates.
In the agreement   1 hursd.i> one pen. ot > • f tha- principle. ?«.»>' i.ooi>.      ,j,.f,, .lt l>l;,j v: *■ t last ya ,ir
Hoffman call traced to
Program Board
It was Program Hoard, not tin- mi "fa- from  -.oar pre-ai. nt - ,i< show   ,t  month ac"    I   w.tu.cal  tu
President s     Offi.-i-      uifn      a-.i:i li.a-     .'ailed      lis-      hru'N r       L;v ki.ova,   what  his talk  was iri.in^' to
t ail i-i!       A 11 hi i-       li of fin a r: 's i na::.i hit' ar;d t o!,i him tu ted m. I .a- a hu. it." s.nd .1 a 11 !<>::•* k i. Farm
manager;   and   aciordini:   to   I'll nut  tu ! a i-.  ab.pj!   !>"•■.   Chemaa! uiiMuii    M;iK    sa-nmr.    "And    the
Chairman    Chris    Jabhmski.    no ami    Manual's    Vu,V.,r    power sat, ,s-t ,.) I ). m  a j ni . ami,- ;i;.. luit
one    told    MotflTl.in    not    tu    f .ilk. I'lar.t." I   dfln't   ta-!!   him   Abba    couldn't
a buut certain topics. ]he pri'sidi-ril'- . >l I ;> .- talk .ib. ml it."
CM    l.IKK    reported    VV.-.hu s rat. ','oru all;.        denied       r-:ak;:;.: I   datnt   war:!   the   talk   tutiirn
da-.     that     Hoffman,    a     famous such a rail t>> H>'ffnia m ::;!" ':. s !  blast i nc, I I,, .a, ."  he sa i.j
Ama-ricati    dissident,    saai    "s,. "Whai;   we   war.    I mi.i'   the (See " ( all' - - iiaic<- J)
Centra/ will sponsor
education committee
was paid by thi- underwriters as a down p.iv mer.t with the rest r.;
the money to ha- paid when the formal agreement is signed (ht. ">.
said Tom Repp, assistant vice president for Financial A ffairs
The initial agreement is to i;ive the eui ahead In print up t he final
documents and prepare the bonds for distribution, said Jerr>
Tubbs. vice president fur Hiisiness and Finance.
Tubbs said ha1 was ""elated" with the inter, st rates, which is an
;ucr;u;i' X I percent, and rust of the bonds.
"The problems we thought mtijht hurt us did not," -aid Tubbs
>paakirn; about Michigan's acononn  and the fact that ("antral hid a
The agreement is with John NuVeen and Company. Inc.. an
undt rwriter firm which specializes in tax exempt bonds and ra-s.-lls
them to investors. Hepp said.
The %\ million wood burmni; plant w ill re. .-im- Sl'.ii".'>."_>">J with the
rest of the m.one\ for tha- plant rnmirn' from a low interest loan and
.ir.iiit.
The cmplete telephone s\ stem a\pi a ted to est $ l.'Jsi I."."._> is be
mi; financed by I he bunds. Kepp said,
Tha- rest of tha' bond is fur the first !l> months int.-rest, tha- debt
serv ice ra-si r\ . . a cushion w hu h Is re invested at  a higher rata- then
("see "Hond" — pane 2)
by KALLIE BILA
LIFE Assistaint News Editor
W.th ".p-ii- -if    r. .-:i!> mi; .
ne.'.i'.-. ■     7 rural s      a    o .mm 11
i I .' Mai Mr- ' a- .:. I ss
..:; Kv. .safaa ,:. !',( ., .,:,
tut n.I'd    \.\    i he   \\\\   ..-
■ in rn ■' ' i .
Mahumr:    V
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w ill . Mir. . :..■ a l C. ::! ral Mutid iv !iu.,t .js ,:! r. ■ . ;...■ •-. I.
fur th«' tirst tinr- in an eflur' t.- ta.r-ii r. pur's d.u;M
p "-.i!"' ul i-    "e v i . !..' • • r      .;.    educa iri'f.i.'fla',    . :i ii i:..'   . if !
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by RHODA MIEL
LIFE Stdtl Writer
With i..s! a ipiartaT. C \\ ' s!r;,ia-:,:s ,,,:: ■.;.,... ;.,,;,,. •), . ,,
«-spa-ci.ilh tu one ca r : a: •. pers. a-, -a a! . f.,;:: '.', p \ ., i!!'. , ! i. j. ;r! •:..
..f I'ubli.- Safely lVre. tor
Ill'S is asknu: stu.J.-nts ami ,,: \., r ("Ml    p. T-, a. -..,-. ;,, ,-, s- : ; (,, u ,
< ents I., a fund  i"r  tin- <   MI'   treshm.:::  who at taTii p: e.i  -  s   ai.    '
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M< \ .'.:•.',• .'\|i.„;i;i'i| tt..' tern..!.' s: !.,(.■ nt. ait r.u .v'.'. ;.".\ :, le s
trnm t r-a- f:..s[.;t.il. ,s '.ni::,; ir.e.ia a: bills ..( ■:...;.■ : )■.,.. v I..'.■■'. .-..! •
n a ■," I. ■ :   mo';.-,   n i p r ,:. s n r a n a e t < i p. i v  t f e h: 11 s
I   aisi   think   tt.e   student   !."•!.   can  .a !   ',..', th.-i   as.!   ,'\.. •• ..   A
' r.p-a .\ .  .'...'. -', . .v  -. an. :,...<■■  I ti i: ■....;..,.■■.." '
I lunat jur.s   w ...  ti.'   I.ir.i'fi at   11.,-  ,- ■:.    ■[.:.-.-
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'- '.el...;; ...... .■     .  :.;. tune al  : he ! >!'.-■ . .'! .. .
M.   \ na!!.    -.•...!:! a-ach per-"-; all. r .!   : .-  f ; .    .'
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i- ..:.■!:  i's;nc   h. ,-af.   V.e.in. -.Is.;. ;■:■.-s.   :■.■;.
*>'..' \ uiille   s.,i'i   he    now    ha-   a   I',' u]    lies a   .    I f
• or. a.I;,   h. ar.i "I ' he ! u f al r.i:-, ::,•
I »I'S   .'ana-    ,|i   w ;t !,   I he   ! i: -a! ra : - f.,'   fit. a    ,-..!
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n    to,   .     ^ e.,r
Fundraiser set for attempted suicide victim
Hoffman speaks on potpourri of ills
Abbie Hoffman
' »,..-/■>.«;.«.
In Brief
byJ.A. HEBLER
LIFE Stall Writer
Tlie fire still burns fur
sorial revolutionary Abbie
Hoffman, the man America
once vieweal as a ra«ini;. defiant inferno.
The famous antiwar hero
of the 60s came out swin^in^
during a fiery 75 minute
speech Thursday nii;ht al
Warriner Auditorium.
Hoffman strolled onto
stage wilh his ruxdy wrapped
m Saran Wrap lo "keep nu-
fresh." Then he launched into
his comments concerning
F>ow Chemical Corporation,
based in Midland.
Quoting from Wednesdays
CM LIFE. Hoffman read
remarks made by Dow Media
Director Phillip Schneider.
"He     says     the     watpr     we
(llsrh.irpu- into Tl! tabaw as-..e
meets or ba-ats water -t.iu
danjs set by the F!nv iror.rti.n
t.i!   Tri'lcrhiiii  Ai:»'!:'-\."   Hull
man s.ud. "He .-o.-s ..:i t.i s.;v
Midland Dow- :-, ■.,. ,,\ .•,...( .,;;
o| that and I at-r.-e wit:. I.:m. I
just love lhe sn.ei: oi riapalr:.
in the murmm;.
"We can forget about Vici
Nam .md I>..w Chaiimal's
holdings in South Africa and
their attempt to kret Jane Fori
da canca Ileal out of here and
their attempt to aancel
research grants in order to
blackmail this C n: v ersiiy."" he
said.
"Their history of Mercury
and Dmxin chemical release
in the Great I.aka-s is ab
solutely legendary. There is
na irrealer polluter of ihe
(Ireat lakes than Dow Ch«-m
cial."
(Soe "Huffman" — paj?c -)
an found guilty
In assault case
ipssai.   CM;    -: at-'f,-    \a.s.-;   -
1\<-J. .-, ru;..! 1-.,!'.'!'.: Cr. .-.-.
>h,     :, st.;..-,:    .»..-    :;.. t    t ■ .
d.-t.-n.iar.l  ::: a   ... al bar. ..:,,! : ha!
t he  a- -a. .. . 1   I'i- ■'-.   pla, p      I-   - h.     .■. a-
t.ik;:'..' h.m  •.,.::.,-
.!   ,.!,',-     lh:f.i     !  .'a   I..     .,:
Fabella    (   .- .:.! .     (it. ;,:!    ('....V.
The Mount Pleasant Chamber of Commerce
and the Mid Michigan Development Corporation
will coniuct a downtown business walk Sunday
from 1 to 3 p.m. The walk aims to increase an
awareness of downtown improvements.
Campus
The     deadline     for
signing a claims form
for   Selective-   Service
registration  for  finan
cial aid is approaching.
page :i
Sports
Senior  portraits  for
the     Chippewa     year
book      can      now       he
schedules.
page."»
.- , .-a ., r.ej , :. p . a.i...! .j .,.: \  i.,
■     f..- a   t.a !.' ' sa I   ' ■'. '. t   '  .ter
la- ! :■■ ;-■ -Ir '• -.;..] ;.: \ ).,,,
I \. .1 "! Ms .;,! !'l. . af.' ') Ne.i
.ui    u.menl ... tt..    . .1.1.c!
"...   dale   ! a-    !..'.■:,   -.1   |,.r   the
.-:'. :.. e     I he  il.'I.-r 'I i fit  tues a
a \:;:.:.:)   -i r.t ■■:,. .    ..:    ,p  I..   I ifa-
;-.|aa!.:.. .1   i.,n.-ei[       . r:. pr.-un m.-n t
ppeal      tfs
iecsiun.      (t Ned      saul
b. c.n.sa' ..t   h.s ,.< '.j a.i;:,!.,:,, .    a ilh Lent     lift. Jai
the '. a tun
Included with to
• Jay's CM I.IFr] is the
(' M l' Norther n
M ichiga r< foot ball
guide.
Index
I A rl s a nd I.iasu ra-     .                  i,
i      Mourn ('mint > ]
.      ( 'la - s: lieds        ...  1 1
i     Comment j
i       Off the Wire  u
Sports ^
Spotlifa- ii
Weather 11