MoDOT adopts new plan - Kansas City Business Journal:

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Dale Rapp and Joseph Jamesx were appointed senior vice presidents inthe business/commercial bankingb division of Premier Bank. Rapp and James plan to establisha full-service bank in North Kansas City, wherw James will serve as community bank president and Rapp as executive vice president. Premier Bank is an independent community bank with morethan $115 million in assets. Logan & Schmid t and Kenneth Lerner of Overland Park have merged theiraccounting firms, effectivr Oct. 1. The new firm will be known as LoganhSchmidt & Lerner and will have locations at 1300 N. 78th Streef and 8826 Santa Fe Drive. was awarded a $4.
2 milliom contract to furnish and install gradew crossing warning systems alonga 12-mile commuter rail line in Several of the crossing warning systems will be equipped for "quief zone" operation. Harmon CEO Bjorn Olsson said his company was selected because ofits "cutting-edgre technology." UMB Financial celebrated the year 2000 early, successfully completing one of the first live tests of banking systems for so-callerd Y2K compliance. About 25 bank customers completed transactionzs overa two-day period, with the transactions processedf on equipment that had its internal calendarsw set to January 2000.
Companies nationwide are testingf software to avoid theY2K bug, or a shutdown causerd by computers confusing the year 2000 for the year 1900. Unitogg Co. reported net earnings for the third quartertof $4.3 million, or 46 cents per dilutes share, compared with $3.9 million, or 40 cents dilutede per share, a year earlier. Revenues for the quartee were $69 million, about the same as last Excludingthe one-time items, net earnings were $3 or 32 cents per diluted share, for the third quarter, compared with $3.3 million, or 34 centa per diluted share, a year earlier. Station Casinos Inc.
has promotee several top executives in the Midwest as part of a corporatd reorganization in Missouri and John Finamore, vice president/general manager of Station Casinl Kansas City, was named president/general manager of the locak operation and president of Station Casino St. Charles. Thomas Burke, assistant general manager of Stationj CasinoKansas City, was promoted to vice president/assistant generaol manager. Midwest Grain Products reported net incomof $666,000, or 7 cents per share, on salesz of $51,938,000, compared with a net loss of $235,000, or 2 centas per share, on sales of $57,623,000o in fiscal 1998. J.
Joseph Doerr said he would retirs as vice chancellor for administrativw affairs at the Universityof Missouri-Kansas effective Jan. 1. Doerr has been head of the administrative affairsd division for20 years. After his retirement, Doerrd will remain at UMKC's School of The Chronicle of Philanthropy has ranked The Greate Kansas City Community Foundation second out of more than 550 community foundations in its 1997 list of top The foundation approved morethan $72 milliojn in grants and paid out nearly $69 million. Only the New York Communit y Trust gavemore money, accordinhg to the publication. Strickland Construction broke ground ona $1.5 millioj office/warehouse in Olathe this week.
The 15,000-square-foof facility is located alongRogers Road, just south of Sants Fe. Strickland will employ 50 peoplew atthe facility. HNTB Corp. was selectee by the Starlight Theatre Association to builethe theatre's new enclosed stage, to be calleed the Jeannette and Jerome Cohen Main Stage. Ground-breaking is scheduleds for Sept. 1, 1999, with the grands opening set forJune 2000. FBD Consulting Inc. and DeFrain Mayer will combine thei employee benefits and human resources consultinyg firmson Jan. 1. The combineed firms will be one of the largest privates consulting companies inthe Midwest. The new operation will be calledc FBD-DeFrain. George K. Baum & Co., Piper Jaffray Inc.
and B.C. Zieglee and Co. said they plan to issur $22.59 million in Kansas Development Finance Authority revenu e bonds to finance the construction ofVillagee Shalom, a retirement community on West 123rd Street in Overlansd Park. The bonds are exempt from federa l andstate taxation.