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Herald A Lantern 17 February *82

tfiisYiresr

23

County’s Investing Paid Off < Competition Cuts Sewer Work in Half

COURT HOUSE - Continuing his efforts to find wavs to i make county government more efficient and economical, County Treasurer Philip R. Matalucci, Jr. reports that interest on his Investment of idle county funds for the year 1981 exceeded $1,843,538. The amount per MU A Gets $2.6 Million From State SWAINTON - A total of $2.6 million in state grant offers was accepted by-the Cape , May County Municipal Utilities Authority meeting here last Wednesday . , "We have known about these funds from the 1969 New Jersey water conservation bond issue for some time,” George. Marinakis, • executive director, told the commissioners. “But they could not be offered to us until the voters approved a question on the 1981 ballot pertaining to the interest ' rate ceiling. The state grants include $2,616,691 for the construction of the Ocean City Region Wastewater Treatment Plant and ocean outfall plus $56,436 for the design of treatment facilities in 4he Cape May ■Region.

month $153,628, amount perweek $35,452. amount per

day $5,051.

In announcing ihe 1981 totals, Matalucci said the total interest realized on county funds invested

WILLIAM SfpjRM Jr.. Director of Revenue and Finance, gave praise to Matalucci, former Assistant Treasurer 1 Warren H. Carr, Robert Niliar and the treasurer’s office for their

reached $7,393,099 totaI^handling of the?county’s-in-over the last eight year^. vestment program.

The investment program was Started in 1973 under the county treasurer’s

direction.

TAKING ADVANTAGE of rising interest rate? on short-term investments, Matalucci said th« use of idle money in this manner provides-an opportunity to •jncrease revenqe arid to reduce the tax burden on

thepublic.

"Prudent investment of county money not needed immediately to pay current bills provides an opportunity by placing this money in interest bearing accounts to raise money that does not have to be assessed to the taxpayers," the treasurer said.

IcoM A m wed» ’ Flrihot NN'ICI.

Ferry Traffic Down in Jain.

Sturm said frese efforts - have resulted In the county’s taking a leadership position among the'21 counties in effective use of idle county funds. ■ «’ I - * STONE II AH SO ft DUPISCATE

RRirWiHCl.LB % Ppbruarv It

NORTH Irj SOUTH 1 Carolyn Elden Sr Ted-Harrl* I 2S 2 June It Geo Fra»Ki» . - M 3 t.ouiM- KrauM* J> Barbara Barlkimiak ' 09

EAST * WEST

1 Gene Ember & •

Henry Buchiariicn 2S

2 Evelyn Warren 4

Rorpayne Mair 14 3. Eileen Kalaski t Millie Green 09 Thr Public in InUled lo attend Ihc

weekly, diiplirold

liomr. f ]0 p m U’erlnf-tdoy In the . Slone Harbor Flr4hnuar Mannnrr

Gene Flatter ](«

N. CAPE MAY - Last month traffic on the Cape May - Lewes Ferry, closed for awhile by ice, decreased by 283 vehicles and 712 passengers from January 1981. ' Ferry traffic last month was 3,806 vehicles and 8,318 passengers compared to 4,089 vehicles and 9,030 passengers a year ago — a decrease of 6.92% for

vehicles anq 7.88% for passengers.

For the twelve-month period ended January 31, traffic was 25$,639 vehicles

passengers to 234,522 ajid 706,738

and 774,687

compared vehicles

passengers the previous

year — an

8.15% for vehicles and an

9.61% for passengers.

increase of

• SWAINTON - Construction costs for the Cape May Region force maihs wiltye $1 million less than the original estimates, accor ; ding to bids received last week by the bounty. Municipal Utilities Authority. ' \ A.V.A. Construction Co. Inc.v of Newark, submitted the low bid of $1,212,740 or $1. million less than the estimated $2.2 million. •Chris-Tech Inc., a. Whitehouse. N.J. was the second low -bidder at $1,214,789. The high bid was $2,343,442. AUTHORITY CHAIRMAN John Vinci noted that 22 different construction firms submitted bids.

Aux. Plans Sands Trip

SEA ISLE CITY - The city branch of the Burdette Tomlin Memorial Hospital Auxliary is sponsoring a bus trip to the Sands Casino. Atlantic. City. Wednesday, March 24. Included will be a luncheon and Ain’t Wr Got Fun.” a 20’s musical review. Buses will leave at 9 a m. from the police station and return at 5 p.m. For reservations, due March 8, call 263-5171 or 263-2855.

"There is nd doubt there is a lack of construction activity right now, and that helped us too," the chairman remarked. George Marinakis, executive MUA director, noted that when, ttye authority bid the Ocean City force majf contract, there were fewer- than eight bidders. "We are delighted with the bids," he continued. "In these terms of rising costs we have reaped a signficant benefit from the keen competition. We hope it holds true next month when the MUA will receive bids for the construction of the Cape May

Region wastewater treatment plant and pumping 'stations.” MR. MARINAKIS said the force main contract would be awarded after it received approval from the federa! and state regulatory agencies, which is expected in March. The force mains.will connect the City of Cape May with the treatment plant si tie of Sunset Blvd., near Cape May Point. A total of 20,800 feet of pipe will be laid, including 11.000 feet of 20-inch pipe, 4,500 feet of 16-inch pipe. 3,000 feet of 8-ihch pipe, and 2,300 feet of 24dnch pipe.

Employee Of Month

COURT HOUSE - County Sheriff Beech N. Fox announced the recent selection of Correctional

Officer Luella Breddey of Upfci.er Township as employee of the month at the County Correctional Center in

Swainton.

Officer Breckley formerly Jived in Ocean City, and graduated from Ocean City High School. She has been a member of the Sheriff’s Department for five years, currently working on regular assignmentas a member of the 4-12 squad. Officer

©

Breckley lives in Palermo with her husband and five children. She is a past matron of the Order of Eastern Stair of N.J. and a njember of Local 59 of the Wildwood P.B. A, Sheriff Fox explained that Officer Breckley is the first employee to be selected under a program initiated Jan. 1. All officers and civilian employees at the Cfdrrectional Center are eligible to be selected each month as the outstanding employee. At the end of the year, a selectioh will be made from the group of monthly winners for outstanding employee of 1982. A plaque mounted certificate is awarded to winners.

business & professional directory

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BSS

FURNITURE STRIPPING A REPAIRING

LOTTERY TICKET SALES

COURTRT GUISE Ixpart on Forolfn or Pom—tic cart

FLOYD I. MOWN 249 Fifth Avo. W»«l Cop* May ••4-4323

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R#« Comm. Indus.

NEW ACCTt." Pr*poym*nl Oliroun'l OF Moothly tudpof PlOni turner lot loll 4 Moderntiollon • n.1

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FUNERAL HOME (EST. 1895) 1201 CENTRAL AVL, N. WILDWOOD 522 2121

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