NEWS-03: Russian Sub Headed For Scrap YardSubmitted by: Pat Householder on 12/29/2008---------------------------------------------------------PROVIDENCE RI - A submerged submarine is seldom cause for alarm - unless it's a floating museum, painstakingly preserved by history buffs and educators.When the Juliett 484 started sinking in the Spring of 2007 after a storm blew through the Providence River, many feared the Russian Cold War Relic would be lost for good.Those fears may now be realized.The military was able to raise the sub in July, but the damage had been done. Now, members of the non-profit group that operated the former museum believe there are very few options left."The cost of rehab is prohibitive, at least to us," said Russian Sub Museum president Frank Lennon.Museum leaders welcome any outside organization that could save the sub from the scrap yard.While the museum was open, it offered an intriguing glimpse of the cold war era, says Lennon.By the end of January, Rhode Island Metals Recycling will move the vessel down river and dismantle it for scrap if someone or some organization doesn't come forward to buy the sub intact.Reported By Kelley McGee, Turnto10.com NBC News, December 28, 2008Office=========================================================