The Greentown Grapevine – 1999-07, 06:07

              The Greentown
a
July 1999
evtne
Volume 6, Issue 7 “ a paper for the people”
Greentown Sesquicentennial
Closes Books = Donates $ 42,787.
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The above people have much to be smiling about. The Greentown Sesquicentennial Committee announced gifts to three organizations
in a meeting June 25. Left to right are Jay Freeman of the Greentown Lions Club; Ron Simpson, president of the Greentown Historical
Society; Bonnie Bonebrake, president of the Greentown Sesquicentennial Committee; Jayne Bok, president of the Greentown Public
Library Board; and Ron Harper, president of the Community Foundation of Howard County, which will be administering the funds.
The Greentown Sesquicentennial of
1998 was many faceted - events,
displays, it play, a bk, commemorative
souvenirs, involvement by a large
segment of eastern Howard County
residents. It was deemed a success in
spite of a tornado which ripped through
Greentown on the opening day of the
main weekend. It was a success in
providing lasting memories and in
uplifting the history of the area.
One aspect which was never a major
goal of the core committee was that of
finishing with a balance in the bank
account. The committee, comprised of
Bonnie Bonebrake, Rachel Jenkins,
Charlotte Agness, Debra McAdams,
Craig Trott and Darwin Freeman,
provided COmmemOratiVe items as much
for the memories they would evoke as
for the money they might bring. It was
always the goal to be able to pay all
bills, but not necessarily to show a big
surplus. However, the response to the
commemorative items was so great that
at the final accounting, a balance of
$ 42,787. was shown. Being a
corporation of limited duration,
consideration was made of how to
distribute the funds. A decision was
made to divided it equally between the
Greentown Public Libirary, the
Greentown Historical Society, and the
Greentown Lions Club.
At a special meeting June 25 at the
Greentown City Building, those three
organizations were told that they would
each receive $ 14,262. The gifts to the
Library and the Historical Society will
each be in- the form of an endowment
with the Community Foundation of
Howard County. Because of a match
being offered currently by Lilly
Endowment, those gifts will be
increased by 50%, which brings them
up to $ 21,393. As endowments, the
principal will he invested, with the
interest being made available to the
recipient each year. The gift to the
Greentown Lions is in the form of a
non- permanent advised fund, also
through the Community Foundation.
Because it will be available soon in its
entmdy the Lilly match is 25%, making
it $ 17,828. Ron Harper, president of
the Community Foundation explained
that these funds can be added to by any
one at any time in any amount. Any
additions before September 30, 1999
will also be increased by 50%. In
addition to the 50% added to the fund,
the Foundation receives an additional
50% to use in its grants program, some
of which will undoubtedly come back to
Greentown. For infbrmation on how to
make a donation,, call the Community
Foundation of Howard County, 454-
7298.
200 Ton Transformer Installed
Cinergy moved the fust of three transformers to the Greentown substation at US
35 and CR 1 1 OOE on Thursday, June 24. Weighmg nearly 200 tons, it was brought
in by rail and unloaded at Mill Street in Greentown. It was then moved ( very
slowly) to the substation, which Cinergy owns jointly with AEP. Dave Pottenger,
substation maintenance mechanic, said the bank of transformers is a replacement
for some which became inoperable 1 ? h to 2 yearsago.
FAIRGROUNDS
JULY 4 AT DUSK
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