40 Years Ago
August 1978
Iola city commissioners put off making a commitment yesterday on whether to help property owners have access to a federal subsidized flood insurance program. Federally subsidized flood insurance is more than a year old but a final commitment on the part of local governing bodies isnt necessary until next month. More than $750,000 worth of flood insurance, with premiums at a fraction of the cost they would be in the commercial market, is in effect among homeowners here. If the city doesnt join the program the policies will be canceled. And if the city doesnt sign up, those who are in the flood zone would find it almost impossible to buy commercial coverage.
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After approximately 8,000 flying hours in various Air Force aircraft, Col. David L. Nichols, a native of Iola, will soon be flying the Air Forces most advanced fighter, the F-15 Eagle. He is the son of Mr. and Mrs. David H. Nichols of Iola. As the commander of the 22rd Tactical Fighter Wing at Elgin Air Force base in Florida, Col. Nichols is currently flying the F-4E Phantom II.
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The Otasco Store on the east side of the square has been purchased by Nancy and Jim Mechling from Tom and John Saxton, who have operated the store for 32 years. Mechling was raised at McCune, where his parents still live. His wife, Nancy, is a native of Tennessee. The Mechlings have a four-year-old son, Webb. They have purchased a house at 402 S. Walnut.