Word: lowering
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Dates: during 1980-1989
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...specific case of the Fly Club property, we doubt that provisions to lower the allowable F.A.R. [floor-to-area ratio] to 0.75 from 1.75 encourage the preservation of a valued and (potentially historic building) that we can scarcely afford to maintain," states the letter, written by Fly Club Trustee Richard J. Lyman...
Whereas ROTC scholarships are the financial avenue to a Harvard education for many middle and lower income students...
Some fast-lane veterans who are fed up with their harried working conditions are trying other escape routes, including climbing down the corporate ladder. Trading in a big salary for a lower-level job with more vacation time, flexible hours, improved maternity or paternity leave, even weekends off may seem a luxury, but it is one that many people are choosing. Dann Pottinger, 42, nephew and grandson of Florida bank presidents, was CEO of Commercial State Bank of Orlando, one of the most profitable independent banks in central Florida. This winter he chaired the search committee to select his replacement...
...industrialized countries in permitting individual and corporate contributions to politicians, parties and causes. But the amounts allowed in Japanese politics are large by any measure, and the system has long tentacles. Takeshita, like other L.D.P. faction leaders, used the huge sums he raised to aid the political careers of lower-ranking members in his faction...
Last week Finance Minister Pedro Aspe announced that Mexico had reached a tentative agreement with the International Monetary Fund to borrow $3.6 billion. Mexico plans to use the three-year loan to lower its debt payments by inducing banks to reduce the country's debt or the interest charged. It remains doubtful, however, that the IMF deal, which is part of a new U.S. policy announced last month by Treasury Secretary Nicholas Brady and which could reduce Mexico's debt load by as much as 20%, is enough to jump-start the country's stalled economy. And even...