Word: costly
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Dates: during 1980-1989
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Planning for HOLLIS began in December 1980. Named in part after the family that donated Hollis Hall, the system is based on a program that Harvard bought from Northwestern University and spent years customizing. Although the total cost of creating and implementing the system has not been calculated, much of the funding came from a 1983 grant of $1.2 million from the Pew Memorial Trust. HOLLIS first went on-line in 1985 when the libraries began using it to keep track of new acquisitions...
...would have been terminated," said Longo. "I'd been to their weddings, the baptisms of their children." This week the council members will present recommendations to the court that they hope will make the housing plan more palatable to its opponents. Said Longo of the ordeal that ultimately cost Yonkers $800,000 in fines: "It turned out to be a very expensive civics lesson...
...Iran and Iraq decided to end their eight-year war, oil producers hoped that a new spirit of unity in OPEC would lead to a boost in crude prices. But the cartel is still fueled more by friction than by fellowship, and oil prices are plunging. Last week the cost of West Texas Intermediate, the benchmark grade of U.S. crude, dropped 4%, to $14.18 per bbl. -- its lowest level in nearly two years. Reason: although OPEC agreed last month to hold daily output to 15 million bbl., some 20 million bbl. are flooding the market each day. Among those exceeding...
That could be good news for consumers. If crude-oil output remains high and prices stay down, gasoline and heating oil will eventually cost less. But it will take at least two months for the benefits of OPEC's overproduction to trickle down to the retail level...
Planning for HOLLIS began in December 1980. Named in part after the family that donated Hollis Hall, the system is based on a program that Harvard bought from Northwestern University and spent years customizing. Although the total cost of creating and implementing the system has not been calculated, much of the funding came from a 1983 grant of $1.2 million from the Pew Memorial Trust. HOLLIS first went on-line in 1985 when the libraries began using it to keep track of new acquisitions...