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March 03, 1995 - Image 49

Resource type:
Text
Publication:
The Detroit Jewish News, 1995-03-03

Disclaimer: Computer generated plain text may have errors. Read more about this.

FREE SEMINAR!!!

Eagle Investment Services Corporaiton,
a subsidiary of Sterling Bank & Trust in
association with Linsco Private Ledger*,
proudly presents:

Another Resort
For Israel?

With international hotel and re-
sort companies flocking to Israel,
the addition of one more chain
might not seem like much.
But Robinson Club is a sub-
sidiary of German tour organiz-
ers TUI, the largest tourism
enterprise in Europe and possi-
bly the world.
Robinson Club head Kurt
Niclaus was in Israel recently for
talks with Amiel Tours, which
represents the 25-resort chain in
the country.
Mr. Niclaus also looked over
sites for a possible Robinson Club
in Israel, concentrating particu-
larly on Nahsholim, the kibbutz
resort at Hof Dor.
He says the range of resorts of-
fered by Robinson Club is simi-
lar to that of Club Med, although
Robinson concentrates on the
German-speaking market, with
most of the guests from Ger-
many, Austria and Switzerland.
Mr. Niclaus says the chain is
primarily a management com-
pany. It chooses locations with
potential for a specific market
and then invites investors to
come in and develop the proper-
ty according to Robinson's plans.
Mr. Niclaus says he sees no dif-
ficulty in finding investors for Is-
rael, particularly since the start
of the peace process.
"There are lots of people who
want to invest in Israel," he says.
A Robinson Club resort in Israel
would probably incorporate many
elements of kibbutz life and con-
sist of four- or five-star bunga-
lows with 600 to 800 beds, he
says.

"

Let us show you how to save
$$$ Tax Free.

DATE: March 7, 1995
TIME:
7:00 in the evening
PLACE: Sterling Bank And Trust
33060 Northwestern Hwy.
West Bloomfield

PUBLIC NOTICE

DELINQUENT STATE EDUCATION TAX (SET)

The adoption of Proposal "A" by the electorate on
March 15, 1994 resulted in a State Education Tax of
six mills times the State Equalized Value (SEV) for
school operating purposes on all property not
exempt by law from ad valorem property tax rolls.

To reserve your seat, call today
and ask for Greg or Dennis.

810-855-6644

Therefore, under the current law, delinquent SET
taxpayers will receive a delinquent SET tax bill from
Wayne County, not from the City, for the delinquent
State Education Tax, plus 4% county collection fees
and 1% monthly interest.

Treasurer
City of Detroit

Fabric
SHADES/ Quality
mp
d s
selection of
SHADES! • contemporary,
SHADES! • Victorian and

20% Off

All In-Stock Shades

Bring in your lamp
for a perfect fit!

14 Mile at Haggerty
Newberry Square

810-669-2440
;MID-WEEK COUPONS — extra 10% OFF;

i
L

Any In-Stock Purchase • Tues., Wed., Thurs.
with ad

Monday thru Friday 11 to 7, Saturday 11 to 5, Sunday Noon to 5

Mercedes Benz









PAUL MILGRIM

17 Years Experience With Mercedes Benz
The Best in Personalized Service
The Best Price with No Hassle
No High Pressure - Only STRAIGHT TALK!
Pick-up & Delivery with a Loaner Car
From "C" Class to "S" Class - Whatever You Desire!
Lease or Buy - New or Used

lb WOOD MOTORS

Gratiot at 8 Mile

(313) 245-0619 or 372-2600

i

J

Products offered thru Linsco/Private Ledger are not FDIC insured, are
not obligations of or guaranteed by Sterling Bank & Trust and involve
investment risk.* Member NASD, SIPC.

NOW MAY BE
TO TAKE STOC
INVESTMENT, INSURAN
NEEDS.

With a choice of eight stock, bond anclmoney market po rtfolios
plus a guaranteed account, you can select whatever suits yo u best
As your investment needs and objectives change, so can your
Portfolio selections. INVESTMENT CHOICES AND LIFE
INSURANCE PROIECtION — THAT IS WHAT VARIAB
UNIVERSAL LIFE IS ALL ABOUT!
Cash values grow tax-deferred and the insurance benefit an
be paid tax-free to your beneficiary. Options include dollar c ost
averaging, automatic asset rebalancing, and zero-spread loan s.

Chubb Securities Corporation
Martin Reisig, Branch Manager
19111 West Ten Mile Road
Suite 112
Smithfield, MI 48075
(810) 355-5220

Service focused on your needs

VUL policy form 86-01 is distributed by Chubb Securities Corporation and underwritten by Chubb
Life Insurance Company of America. For more complete information, inducing charges and expenses,
call for a prospectus. Read it carefully before you invest or send money.

Is Your Financial House In Order??

To find out
call

PHASE FOUR

Certified Financial Planning Professionals

(810) 559-6980

JOEL LEVI, CFP

TRISH WELLMAN, CFP

THE DETR O IT JEWISH N

Proposal "A" also provides for any SET taxes that
are not paid by March 1 of each year to be trans-
ferred to the Wayne County Treasurer for collection.

Israel Chemicals
Sale Is OK'd

Israel Monopolies Supervisor
Yoram Turbowicz has given the
go-ahead for selling the 24.9 per-
cent controlling stake of Israel
Chemicals (ICL) to Israel Corpo-
ration chairman Shoul Eisen-
berg.
Mr. Turbowicz's approval did
not impose any conditions on the
sale.
The decision was forwarded to
the Israel Corporation, Balmor
(which Mr. Eisenberg controls),
the Government Companies Au-
thority, the ministers of finance
and industry and trade and the
Knesset Finance Committee.
Several committee members
have expressed reservations
about selling ICL to Mr. Eisen-
berg because they fear it will con-
centrate too much of the economy
in his hands.
Concerns also have been ex-
pressed over possible conflicts of
interest with Mr. Eisenberg's
other holdings, such as the phos-
phates factory he is setting up.

Tax Free Investing"

1711 7 West 9 Mile Road, Southfield, MI 48075

Securities offered through Vestax Securities Corporation, Member, NASD & SIPC,
1931 Georgetown, Hudson, OH 44236 (216) 650-1660

49

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