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RECENT
NEWS
NATIONAL
POLITICAL
TEXAS
REAL ESTATE
BUSINESS
NEWS BRIEFS
LOCAL
MISSOURI CITY Establishes
Summer School
Speed Zones
MISSOURI
CITY – Motorists driving near Elkins High School
and Missouri City
Middle School need to be aware there are two
summer school sessions at both campuses, June 22 to July 16
and July 20 to August 6 (excluding June 29 to July 3). The school zone
speed limits
and their locations remain the same as during the regular school year, but
the times of day the speed zones will be implemented are different.
The school speed zone
times are Monday through Friday as follows:
. Elkins High School: 7 to 8 a.m. and 11 a.m. to 1:30 p.m.
. Missouri City Middle School: 7:30 to 8:30 a.m. and 11:30 a.m. to 12:30
p.m.
Friendswood Receives $2 Million
Federal Grant
Friendswood
—
Friendswood’s new alarm permit ordinance began June 15. The
Friendswood City Council approved Ordinance 2008-36, requiring
alarm system permits in Friendswood In October 2008.
Alarm
permits are very useful in providing
Friendswood Police and Fire Department personnel with accurate and
updated contact information and alarm site locations in case of emergencies.
Revenue generated from alarm permit fees and
false alarm fees will be utilized to offset
public safety and software maintenance costs
associated with security alarm response.
The
City's alarm ordinance is also implemented to encourage alarm users and
alarm companies to properly use and maintain alarm systems in order to
improve their reliability and reduce or eliminate false alarms. In
addition, the permits are necessary for maintaining accurate and updated
contact information and alarm site locations.
STATE
Web Site Lets
Shoppers Easily Find
Sales Tax Rates
AUSTIN — Shoppers may now access the
correct sales
tax rate for most any business address
in Texas on a new web site — making the increasingly complex system of
taxing jurisdictions more transparent to shoppers and business owners.
“Two businesses located across the
street from one another may charge different tax rates, leaving customers to
wonder why,” Texas
Comptroller
Susan Combs said. “By entering the business addresses in the
Sales Tax Rate Locator,
customers may discover that the neighboring businesses are located in
different taxing jurisdictions, and they both collect the correct tax.”
In addition to the state sales tax, more than 1,400 cities,
counties, transit systems and special purpose districts impose sales tax on
goods and services, creating an ever-changing patchwork of overlapping
taxing jurisdictions whose boundaries are unfamiliar to the average shopper.
Gov. Perry
Announces $6 Million Investment in Medtronic Diabetes
SAN ANTONIO –
Gov. Rick Perry announced the state will invest $6 million through the Texas
Enterprise Fund (TEF) in Medtronic Inc. to open a new facility for its
diabetes business unit in San Antonio, creating nearly 1,400 new jobs and
generating more than $23 million in capital investment.
NATIONAL
HUD ALLOWS HOME BUYERS TO USE $8,000 TAX CREDIT FOR DOWN-PAYMENTS ON
FHA-INSURED LOANS
WASHINGTON - HUD has decided to allow consumers to use the $8,000
first-time home buyer tax credit to help cover their down-payment and
closing costs on FHA-insured mortgages. The measures would allow
FHA-approved lenders; federal, state and local government agencies; and
FHA-approved non-profit organizations to supply home buyers short-term
or "bridge loans" up to the amount of the $8,000 first-time home buyer
tax credit.
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