Cape May County Herald, 17 March 1982 IIIF issue link — Page 3

Gypsy Moths Eat Up Money Too

It may cost Low&f Township more in administrative expenses to participate in this year's state gypsy moth spraying program than the municipality will recoup thru reimbursement of federal funds. That word comes from township planner Joe

Zahora, who indicated recently. that a state requirement calling for at least two township employees be on hand to assist stale crews on days of spraying may very well eat up the anticipated. 12.5 per cent reimbursement. ACCORDING TO the planner, two local em-

Arthritis Forum Here

RIO GRANDE - The Arthritis Volunteer Action Committee will present a one-hour education and information forum with Robert R. Speer, D.O., as the guest speaker, 1:30 p.m. Wednesday, March 24, at the Social Services

47,

Meet Today

e

WILDWOOD CREST - The Crest District Advisory Council meeting for the Title I basic skills im-' provement program is at Ocean City Primary School, 5th and West Aves., Ocean City, 9 a.tn. to 2:45

today, March 17.

Announces Candidacy

Building, Rtes. 9

here.

Dr. Speer is a member of the staff of tbe Burdette Tomlin Memorial Hospital. Last December he was .elected vice president and member of the board of directors of the American College of Osteopathic Rheumatology while attending the National Scientific Seminar of the American Osteopathic Assn, and the American College of; Osteopathic

Rhematology.

Also in attendance at the seminar in Lorf Angeles were Drs. Robert Rena of North Cape May and Richard Rena of Wild-

wood.

ployees assist in sending up marking balloons so that bounaries of Areas to be sprayed are clearly visible * from the' air Using his figures, if the state sprays 140 acre# — the maximum area the stfcte will spray In the townsHb — at 18 an acre, and the two local employees — each making^ $16 an hour and working a' combined toisl of 9 hours — the reimbursement has already bees exceeded by $4; He also added that if the total 140 acres aren’t completed in one day, there will have fo be an additional personnel expense. Last year, thru state and federal funding the township was reimbursed 50 per cent af the $5,000 it spent spraying 665 acres at $7.19 an acre. The

municipality also sprayed an additional 42S acres at $8.50 an acre, or for a total of $3,612. THIS YEAR, there are no state — only federal — funds available jo offset spraying expenses. The township currently intends to supplement the 140 acres the state will spray — having budgeted $12,500. for this purpose in its 1982 budget. According to Mr. Zahora, this amount will allow some 1,500 acres to be sprayed if the price per acre — which is determined thru bids — is $8. Although the township plans to participate in the state program — using the controversial chemical pesticide Sevin — the planner has noted there is ' no provision irt the-

agreement that prohibits the municipality from

withdrawing if it chooses to dosoata la ter date.

KEYS TO RESTORED beach patrol van are'presented by Cape May City aenlor mechanic Gary Matthews, left, to Harry Mogok. superintendent of beaches. Van restoration project savM over $9,000 as part of fleet restoration program to save mechanically and structurally sound vehicles. . .

OCEAN CITY-David J. Gilpin of 5509 West AVe., recently 1 announced his candidacy for the local Board of Education. The candidate is employed full time by the Cape May Real Estate Agency. GHpin attended UCLA

correction ('LibortUion

In last week’s story on the regionalization consideration in the Greater Wildwoods, a typographical error resultMl in the statement: "Even without direction from the state, local school districts have been cooperating...” The word should have been direc-

and is a Navy Veteran of 8 years. He is a member of the Ocean City Kiwanis Club, the V.F.W., the Knights of Columbus and the American Legion. A summer resident all his life, Mr. Gilpin moved here permanently in 1978. Citing the need to provide the best education for the children of Ocean City while keeping a watchful eye on spending, Gilpin stated that "with the reduction of money from the state and federal government, it is becoming increasingly important to find -innovative ways to maintain our current levels of education. I feel I can K ovide a fresh, well lanced approach to the problems we face in the education of our young. ”

NOTICE TO OUR CUSTOMERS

Th* tol* 00 In th* circular in lodoy't paper began on Tuetday. Tbu» certain item* may be sold oui. Should this occur, please go to our service desk at tht front of the store and request a roincheck. Thank You.

5414 NEW JERSEY AVINUE WILDWOOD CRIST

IF YOU NEVER HAD A REASON TO SAVE Off ORE, WE CAN GIVE Y00 A MILLION

Op«n an WA today at Capa May County Savings C Loan and, dopon-

ding on ago, you can sava over $1 million I

> time your 65.

Up until recently, it was difficult for people of overage income to save a big enough nest ecfg to invest in high interest bearing certificates. But effective January 1, 1982 any wage edmer, whether or not covered by a company retirement fund, can invest up to $2,000. a year in on IRA. More good news: If bath husband and wife dte working, each can contribute the maximum $2,000. Or, a married

couple, with one working spouse, can invest up to $2,250. a year divided between two accounts. Because the rrioney you deposit each year is tax deductible and tax frtee until retirement, and the sizeable interest you earn is also taxdeferred until retirement; you could be a millionaire by the time you're 65.

Many experts agree that IRA Is the best "tax shelter" ever created for Individuals. Here's the proof:

IMffreei 4 mi to T pwi A "Team’' of IRA Experts will be available t6 answer your questions at our Main office, 7 N. Main Street, Cape May Court House.

i,

Weekly $!$. Demerits Vahs* rt Rstkaennt Ve*s-

Wetkty $25. Deyesfti VWe# at Vstkeaieftt Afa 43*

Waafcty 531.46 DayasHs / Vefee srt Ays 45*

WaHriaf Ceepfn 574.92 Weekly Vdee at Rettomeef Aye 45*

$421,924

$1,954,120

$t ,422 7)1

ll.14l.4S4

30

$237,421

$ 393,570

$ 413,14$

11,414,244

35

$1)2,74$

$ 331,149

5 310,514

51,021,031

40

$ 73,337

t 111,143

5 202,053

5 5 44,104

*Bot«d on 12% annual intarast with waakly d#po»it» from th* baglnnihg of th* y*or "Oh to b* 2S again I Since only you know the best way to plan for retirement. Cape May County Savings t Loan offers a choke of interest rates you can earn on your IRA: 1. A Fixed Rale ofinteresl, based on the 30 Month Certificate rale, for 18 months. 2. A Floating Rate 18 Month Certificate based on the 6 month Money Market Rate. (You» inv*itm*nt intur»d by FO!C up to HOO.OOO) t

Plan for retirement with the best "tax shelter' Coll one of our IRA Specialists listed below:

IRA Specialists

ever created for individuals.

Char loft* S. I 7 North Mom Si Cape May Coon House.

4PS-S1S6

IRA Specialist Horn Id Hoop

Cap# May.

ington S' i. Mi 8435

IRA Specialist

f. Joan Schellengm 1899 Boyshore Rd

V.lkn, 88*2773

IRA Specialist IRA Specialist Joseph A Jbckson. Clifford C Po XI Asbury Ave . 3X1 Ailont« Ocean City. 29* 7400 Wildwood

tlisi

Potiick

i'< fve • 522244;

Corylfn M A#mou' 40 S Shore Vd Mo*moro, 38* 4500

It h m rin is wurytai riMt unp fMmni, Myki ysi i [ h T r KrJf I L " u l ;v« i % cape May county Savings A Loan Association 7 North Main St.. Cope May Court Bouse. 465-5166