NEWS IN BRIEF

Colonial liquor halts bid to move LR store

Colonial Wines and Spirits has withdrawn its application to move from its current location at 11200 Markham St. in west Little Rock to 812 Reservoir Road, the former home of a Cleo’s furniture store, according to a document obtained from the Arkansas Alcoholic Beverage Control agency.

Colonial Wines owner Clark Trim made the application March 11.

Agency Director Michael Langley said after the application was filed that the agency’s initial measurement of the closest point-to-point estimate from the proposed site to Grace Presbyterian Church at 9301 N. Rodney Parham Road was about 800 feet. State law and agency regulations prohibit a liquor store within 1,000 feet of a church or school, unless grandfathered in.

Trim’s initial response to Langley’s statement was that the location was closer to 1,500 feet from the church.

However, in a March 18 letter, Trim said: “Based on what I have learned from ABC and Little Rock Vice agents and my attorneys, I request that my recent request to relocate Colonial Wines and Spirits be withdrawn.”

Trim did not return a telephone call.

  • Jack Weatherly

How to use HUD cash topic of 5 hearings

Five public hearings will be held in the state to seek comments from Arkansans on how to spend about $26 million in funds from the U.S. Department of Housing and Urban Development.

There is no cost to attend and registration is not required.

Funds for small communities have traditionally been used for such things as senior citizen centers, public-health facilities, child-care centers, fire protection, and water and wastewater projects.

The public hearings will be conducted at Little Rock on Thursday at 10:30 a.m. at the State Library;

at Springdale on April 4 at the Springdale City Council Room; at Dumas on April 10 at 10:30 a.m. at the Community Center; at Arkadelphia on April 14 at the Parks and Recreation Building; and at Jonesboro on April 15 at 10:30 a.m. at the Municipal Center.

For more information, contact Basil Julian at (501) 682-7392 or email bjulian@ arkansasedc.com.

  • David Smith

Index takes 1.58 fall

with 9 stocks down

The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, dropped 1.58 to 328.25 Thursday.

Nine stocks declined, seven advanced and one was unchanged.

Windstream shares fell 4.2 percent in above-average trading, and Acxiom fell 2.9 percent in average trading.

First Federal Bancshares gained 3.9 percent on triple its normal volume.

The volume on the index was 20.5 million shares.

The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.

Business, Pages 25 on 03/28/2014

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