Cape May County Herald, 15 September 1982 IIIF issue link — Page 30

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ANNUAL G.O.P.»

PICNIC ; This Sunday - September 19th

♦ * * * * * ♦ * * * * * * * * + * * + * * *

EDA Helps Business Financing

1:00 P.M.

Everyone Invited Tasty Chicken Barbecue Corn on the Cob, Jersey Tomatoes, Beverages, Banjo Band - String Band- other

entertainment.

Family Fun for Everyc

Bring the Kids

Come meet all the candidates. ALL THIS ONLY $4.00 Ordered and PaW for by IM2 Republican Campaign Comm...Don Kelly Treaaurer

/one

TRENTON - Approximately $347.3 million in low cost financings were made available to 162 businesses in the first six months of 1962 through the N.J. Economic Develop-' merit Authority (EDA), its chairman, Bordon R. Pub nam, today reported. The financings were made possible through the issuance of tax^xempt Industrial Development Bonds CIDB). by the EDA, Putnam explained. They enabled these businesses to realize substantial savings in financing such capital expenditures as the acquisition of land, purchase of equipment and constmttion of new facilities. PUTNAM EMPHASIZED that these savings have helped attract businesses to New Jersey and permit existing New Jersey businesses to undertake expansion plans that otherwise were unfeasible.

• As a result, the state and its localities will realize new tax ratables, according to James J. Hughes Jr., executive director of the EDA. In addition, the 162 projects are expected to stimulate 3,857 construction jqb opportunities and 4,544 permanent jobs,, he said. FROM ITS&nception in 1974 to Juitf 30. 1982, the authority J»s arranged more than ||[8 million in financing to assist 2,024 projects. An estimated 45,000 construction jobs and 68,000 permanent jobs have resulted ' from this assistance. The authority authorizes IDBs which are used to make loans to companies. Because these bonds are exempt from federal taxa-1 tion and most state taxes, the bond purchaser will usually accept an interest rate that averages 65-75 percent of the conventional

taxable rate. • Hughes reported that the authority also made eight loan guarantees and eight direct loans amounting to almost $5.8 million. EDA , targets its direct loans and guarantees to job intensive projects located in the communities with high unemployment and low income levels, Hughes

explained.

Hours Resume TRENTON - All 38 New

Jersey Division of Motor Vehicle Inspection Stations resumed normal operating hours Monday, Sept. 13. DMV Director Clifford W.

Snedeker announced. Under the new schedule

all 38 stations will be open 8 a m.-5 p.m. Monday

through Friday. In addi

tion, 25 stations will be open 5-8 one evening a week and 28 of the stations will have 7:30 a m.-4 p.m.

hours.

REPRESENTING THE LEGION'S Boys State, Mike Donnelly of Wildwood helps carry banner during the five hour American Legion parade held in Wildwood.

Don’t sell your business snort.

[newson paints]

Make your

Yellow Pages ad large enough to list the name brand products you sell.

I One of the largest dealers in the state.

TDur-Able

I

The services ' you offer

The hours you keep.,

You can even add an illustration of your products.

The credit cards

you accept.

Complete line of Dur-Ablc interior ■ and exterior

paints and supplies. Custom color mixing. ■ Expert decorating

^service.

■ ■ Scaffolding rentals.

OPEN 8 am to 8 pm Monday thru Saturday.

■"8 am to 3 pm Sunday.

565-2368 _

Bl23MainSt., Any town, NJ.

The Bell System Yellow Pages is the nation’s number one buying guide. In fact, three out offour people pan be found shopping

in there an average of 60 times a year.*

To make the most of this great sales opportunity, don’t sell your business short. Instead, run an ad large enough to list plenty of reasons why people should be doing business with you. And when you think about it, attracting people to your .

business is why you run a Yellow Pages ad anyway. So why not make

sure your ad will attract the most people it can.

Talk to your Yellow Pages Representative. You'll find one of the best ways to make it big in business, is to make it big in the Yellow

Pages.

* Peter Honig Asm* late*.

Bell System Yellow Pages

/ NEWARK / should be the / lof-cou'c

Renault’s Birthday

EGG HARBOR - The public is invited to join in celebrating at a gala birthday bash at Renault Winery here Saturday,

Sept. 18.

The winery was founded by Louis Nicholas Renault in 1864. In celebration of Louis Renault’s 160th birthday, a fabulous bash will be held at the vineyard. Box lunches filled with authentic French goodies will be

available.

Contest

.Seeks Logo

\RK - What i the symbol for

New Jersey’s statewide child advocacy organization? The Association for Children of New Jersey (ACNJ) is sponsoring a special statewide contest, inviting* New Jersey students to design a symbol for ACNJ to use on its sta-

tionery and publications. ACNJ will award a $500

savings bond to the first place entry, and will award bonds totaling $500 in value in eight other prizes at its annual conference and membership meeting Nov.

17, in North Brunswick. STUDENTS IN grades 6

through 12, in any school in New Jersey, are eligible. Entries must be postmarked by Oct. 20. Groups of students may submit jointly, but no more than onfc entry will be accepted from

an Individual or group. Contest details are being

circulated throughout the state to art teachers and school superintendents, to child advocacy and child service organizations, and to other civic and commuhity organizations with an interest in and an involvement with children, including the county coordinators of the New Jersey

Teen Arts Program.

Aids Named By Fenwick

TRENTON - Congresswoman Millicent Fenwick has named fellow Congresswoman Marge S. Roukema to a leadership position in Mrs. Fenwick's fall campaign for the U.S. Senate. Mrs. Fenwick (R-NJ5) announced that Mrs. Roukema (R-NJ7), will serve as co-chairman with Mercer County Executive Bill Mathesius and Senate Minority Leader Donald DiFrancesco, who cochaired her spring campaign.