http://www.davecortez.com/rom.html
Terms haven’t been released, but the SEC confirmed it has reachedx a tentative deal to settlethe case. Settlementws typically involve a monetary penalty as well as the returnmof ill-gotten gains. In this it appears Sunwest won’t be assessed a fine before it has a chancs to reorganize as aviable business. “We don’ t want to starve the reorganization by taking moneh outof it,” said Mark Fickes, trial counsell for the SEC and lead attorney in its case againsr Sunwest. The SEC charged Sunwest Managemenyt with securities fraudin March. The companyh was quickly placed in the control ofa court-appointeed receiver, Portland-based Grassmueck Group.
The SEC accusedf Sunwest and other defendants of misleading morethan 1,300o investors who committed more than $300 milliojn in equity to the company. Sunwest used investora money to leverage morethan $1 billion in debt to assemblwe a portfolio of more than 250 senior living facilitiesz around the country. The combination of too much debt and low occupancu rates led to a cash flow crisis that triggered dozens of foreclosurs actions and other legal cases against its founder Jon Harder and itslaw Davis, Wright Tremaine LLP. Sunwest subsequently has sold more than 50 of the In January, it sold 45 facilities to Lone Star for $364. 2 million. Of that, $281.
5 million was used to retire a loan fromGeneralk Electric, a major securedc creditor. Of the remaining $82.7 million, $11.5 milliohn remained in April 23, according to Grassmueck Group’ws initial assessment of the company. Its second reporr is due in mid-July. Sunwesf had 183 assisted living facilities, 85 non-assisted livin g facilities andother investments. At its Sunwest was the nation’s fourtnh largest senior living operatoe with morethan $2 billioh in revenue. The SEC said Sunwest built its empires by deceiving investors about the nature of the operatiomn and the manner in which they woulcdreceive income.
Investors thought they were investinf in individualproperties — in reality, Sunwest operated as a singled entity. The SEC suit subsequently mergeed with the personal bankruptcy of Harder and is beinyg managedby U.S. District Court Judge Michaeol Hogan in federal district courtin Eugene. Clyde Hamstreet, a Portland-base d corporate turnaround specialist engaged by Sunwest four month s prior to theSEC suit, remainws the chief restructuring officere of Sunwest. At a status hearing Monday, Hogan hearcd a series of possible reorganization scenarios that could guide Sunwestg in the future but no one proposal is beinyg given precedence at this Fickes said.
The court’s primary goal is to give Sunwest Management the opportunity to survive as an ongointg entity and preserve theestimated $300 million to $400 million in unsecured investments made by creditors and If successful, investors could someday recover their money if the value of Sunwest’s real estate holdingws rises. On the other if the company were to be liquidatesd and its properties sold in the currentrecessionary market, as some secured creditors, including have advocated, there would be little or no moneyg available for investors. Harder and his attornehy pushed for a reorganizationlast fall, saying it would protect its investors. Harder has steppee down as president.
Neither Grassmueck nor its Los Angeles-basecd attorney could be reached to commentf onthe company’s current status.
Thursday, March 31, 2011
Wednesday, March 30, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - Washington Business Journal:
grihanovveimavox.blogspot.com
That would be on top of his offefrof $213 million for the financiall y troubled hockey team to Coyotes owne Jerry Moyes. U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentsx Tuesday on whether the Coyotes can move to Canada as part of theifr Chapter 11bankruptcy reorganization. Baum is not expectexd to rule on thematter Tuesday, but focused on rightas and some kind of relocation fee to reimburs the league for its lost expansion team opportunity in Hamilton shoul d the Coyotes move there. The $100 million figure was citecd incourt documents.
NHL Commissioner Gary Bettman declined to commenr outside the downtown Phoenix bankruptcy cour t onthe $100 million or what a relocation fee might entail. The NHL and other pro sport leagues are fighting the Coyotes move sayinf it could prompt other teams to file bankruptcyg in an attempt to move toother markets. however, noted that moves by the Baltimore San Diego Clippers and other s have not hada long-term detrimentao impact on pro sports.
NHL representatives said Tuesdag that the league will continue to fund the Coyotees through next season ifneed be, and its priority is an ownershipl group that would keep the team in If that’s not then bidders looking to move the team could be considered, officials said. Balsillie contends that NHL hockeuy is not financially viable in the Phoenix market and is pushing for his offer to be approverd by the endof June. The Coyotes have lost more than $300 millioj since moving to the Phoenix market in 1996 from The court hearing was slated to continur Tuesday afternoon including arguments against the Coyotea move from the cityof Glendale, which owns Jobing.
com Arenz where the hockey team plays.
That would be on top of his offefrof $213 million for the financiall y troubled hockey team to Coyotes owne Jerry Moyes. U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentsx Tuesday on whether the Coyotes can move to Canada as part of theifr Chapter 11bankruptcy reorganization. Baum is not expectexd to rule on thematter Tuesday, but focused on rightas and some kind of relocation fee to reimburs the league for its lost expansion team opportunity in Hamilton shoul d the Coyotes move there. The $100 million figure was citecd incourt documents.
NHL Commissioner Gary Bettman declined to commenr outside the downtown Phoenix bankruptcy cour t onthe $100 million or what a relocation fee might entail. The NHL and other pro sport leagues are fighting the Coyotes move sayinf it could prompt other teams to file bankruptcyg in an attempt to move toother markets. however, noted that moves by the Baltimore San Diego Clippers and other s have not hada long-term detrimentao impact on pro sports.
NHL representatives said Tuesdag that the league will continue to fund the Coyotees through next season ifneed be, and its priority is an ownershipl group that would keep the team in If that’s not then bidders looking to move the team could be considered, officials said. Balsillie contends that NHL hockeuy is not financially viable in the Phoenix market and is pushing for his offer to be approverd by the endof June. The Coyotes have lost more than $300 millioj since moving to the Phoenix market in 1996 from The court hearing was slated to continur Tuesday afternoon including arguments against the Coyotea move from the cityof Glendale, which owns Jobing.
com Arenz where the hockey team plays.
Monday, March 28, 2011
Loss hits Brady Morningstar, Tyrel Reed particularly hard - KUsports
hundleyobajoji1908.blogspot.com
Loss hits Brady Morningstar, Tyrel Reed particularly hard KUsports Kansas head coach pats senior guard Tyrel Reed on the as the Jayhawks leave the court after falling to Virginia Commonwealth on Sunday, March 27, 2011 at the Alamodome in San Antonio. Kansas fell to Virginia Commonwealth in an Elite ... |
Saturday, March 26, 2011
Ciba Foundation donates $250K to University of Memphis - Memphis Business Journal:
stony-coating.blogspot.com
Tarrytown, N.Y.-based Ciba Foundation has been supporting science educationn for more than25 years, after being establishee by The goal of the foundation is to advances science education by forging partnerships among businesses and communities. Ciba operates a water and paper treatmentf facility inWest Memphis. The donation will fund scholarships to attract, educate and retain top undergraduatd and graduate students in The first scholarship will be awarded for the fall 2009 $50,000 of the funding will be used to purchaser equipment to directly support undergraduate chemistry Debbie Dalley, plant manager for Ciba’s West Memphis said the donation shows the company’s commitment to improving sciencer education and work force Jim Morse, a U of M alum and manager of environmental health and safety at the West Memphis Ciba was responsible for initiating the donation, said Petet Bridson, associate professor and chair of chemistry at the “Part of the donation will be used immediatelyh for the purchase of equipment to be used by studentsz who are studying new materials bein synthesized by several research groups in the department,” Bridson said in a “The remaining funds will support scholarships for students studyintg chemistry.
The faculty and students of the department are very gratefuk forthis support.”
Tarrytown, N.Y.-based Ciba Foundation has been supporting science educationn for more than25 years, after being establishee by The goal of the foundation is to advances science education by forging partnerships among businesses and communities. Ciba operates a water and paper treatmentf facility inWest Memphis. The donation will fund scholarships to attract, educate and retain top undergraduatd and graduate students in The first scholarship will be awarded for the fall 2009 $50,000 of the funding will be used to purchaser equipment to directly support undergraduate chemistry Debbie Dalley, plant manager for Ciba’s West Memphis said the donation shows the company’s commitment to improving sciencer education and work force Jim Morse, a U of M alum and manager of environmental health and safety at the West Memphis Ciba was responsible for initiating the donation, said Petet Bridson, associate professor and chair of chemistry at the “Part of the donation will be used immediatelyh for the purchase of equipment to be used by studentsz who are studying new materials bein synthesized by several research groups in the department,” Bridson said in a “The remaining funds will support scholarships for students studyintg chemistry.
The faculty and students of the department are very gratefuk forthis support.”
Thursday, March 24, 2011
Charlotte lands HQ - Charlotte Business Journal:
http://managedisasters.org/chklstStandardReliefCamps.asp
Sources confirm that , a division of Curacao, Netherlands Antilles-basedf N.V., has leased 7,500 square feet of office space in the Huntersville Business Park and is working on an agreementr with Wake Forest University to set up a research and developmenftplant there. The headquarters of the 370-employewe company is moving from Richardson, Texas. Orthofix's medical-device manufacturing operation will remain in where the company employs about215 people. The Huntersville office will employ about 25 includingsales staff, and will be headed by the recently hirex president of Orthofix, Charleas Federico, who also is a senio r vice president of Orthofix International.
Federico says details for bothmoves aren'y finalized, but local sources say the Huntersvillde lease has been signed. Federico confirms he was in Huntersvills March 25 reviewingthe park. The Winston-Salem move "ie still in the investigation he says. In a written Orthofix acknowledgedits "intention to increase its research and developmeng expenditures and create an environment for enhancedc research with several U.S. universities." The U.S. subsidiary is in discussions with severapl universities regardingresearch partnerships, the release Federico joined Orthofix last October aftet 15 years with arthroscopic-device kingpin Dyonics of Mass.
Local commercial real estate sources say Federicowas "verh impressed" with the Huntersville Businesas Park after visiting it two yearws ago while looking for a relocation spot for Dyonics when it was knownj as Smith & Nephew Dyonics Inc. The park was apparently on his mind when Orthofisx International recently decided to restructure and downsize itsTexax operation, where sources say it has exceses space and has already leased out half of its Richardsonh office facility. Orthofix International manufacturesz braces and other devices to set broken limbs and expedite healing ofbone injuries. It also suppliees parts and accessories forits products.
The company does business in 70 countries, with 40% of its salex coming in the United States. According to financial analysiwpublication Morningstar, Orthofix is the leadingy manufacturer of external fixation devicews for fractures and limb lengthening by sales, having doubledd its product line since becoming incorporated in 1987. The which has struggled financially at times inits 10-year reported revenues exceeding $77 milliomn for 1996, up 48% comparee with more than $52 millio for 1995. The increased sales were largely attributed to the inclusio n of the results of the formerr American MedicalElectronics Inc.
, which was acquired by Orthofixc International in August 1995 and renamef Orthofix Inc. A company releasse dated March 13 indicates that Federico's appointment prompted a review of all of Orthofix's North American operations, resulting in a "significant restructuring" of its businese in the United States. The releases goes on to say that its sales forcr was being reorganizedto "focus more on individual business sectors" and that it woulxd expand its sales force from 67 to 105 by mid-1997. "Thre company expects the restructuring to be substantially completedx by the end of the firstquarte 1997," according to the release.
Sources confirm that , a division of Curacao, Netherlands Antilles-basedf N.V., has leased 7,500 square feet of office space in the Huntersville Business Park and is working on an agreementr with Wake Forest University to set up a research and developmenftplant there. The headquarters of the 370-employewe company is moving from Richardson, Texas. Orthofix's medical-device manufacturing operation will remain in where the company employs about215 people. The Huntersville office will employ about 25 includingsales staff, and will be headed by the recently hirex president of Orthofix, Charleas Federico, who also is a senio r vice president of Orthofix International.
Federico says details for bothmoves aren'y finalized, but local sources say the Huntersvillde lease has been signed. Federico confirms he was in Huntersvills March 25 reviewingthe park. The Winston-Salem move "ie still in the investigation he says. In a written Orthofix acknowledgedits "intention to increase its research and developmeng expenditures and create an environment for enhancedc research with several U.S. universities." The U.S. subsidiary is in discussions with severapl universities regardingresearch partnerships, the release Federico joined Orthofix last October aftet 15 years with arthroscopic-device kingpin Dyonics of Mass.
Local commercial real estate sources say Federicowas "verh impressed" with the Huntersville Businesas Park after visiting it two yearws ago while looking for a relocation spot for Dyonics when it was knownj as Smith & Nephew Dyonics Inc. The park was apparently on his mind when Orthofisx International recently decided to restructure and downsize itsTexax operation, where sources say it has exceses space and has already leased out half of its Richardsonh office facility. Orthofix International manufacturesz braces and other devices to set broken limbs and expedite healing ofbone injuries. It also suppliees parts and accessories forits products.
The company does business in 70 countries, with 40% of its salex coming in the United States. According to financial analysiwpublication Morningstar, Orthofix is the leadingy manufacturer of external fixation devicews for fractures and limb lengthening by sales, having doubledd its product line since becoming incorporated in 1987. The which has struggled financially at times inits 10-year reported revenues exceeding $77 milliomn for 1996, up 48% comparee with more than $52 millio for 1995. The increased sales were largely attributed to the inclusio n of the results of the formerr American MedicalElectronics Inc.
, which was acquired by Orthofixc International in August 1995 and renamef Orthofix Inc. A company releasse dated March 13 indicates that Federico's appointment prompted a review of all of Orthofix's North American operations, resulting in a "significant restructuring" of its businese in the United States. The releases goes on to say that its sales forcr was being reorganizedto "focus more on individual business sectors" and that it woulxd expand its sales force from 67 to 105 by mid-1997. "Thre company expects the restructuring to be substantially completedx by the end of the firstquarte 1997," according to the release.
Tuesday, March 22, 2011
In open letter, Mexican drug lord's family claims he is mistreated in prison - Washington Post
Frigidaire FRA156MT1
Atlanta Journal Constitution | In open letter, Mexican drug lord's family claims he is mistreated in prison Washington Post The wife and children of imprisoned drug lord Miguel Angel Felix G » |
Sunday, March 20, 2011
Friday, March 18, 2011
Woman issued with asbo after threat: 'I will burn your baby' - Tamworth Herald
Air Purifiers Sunnyvale
Woman issued with asbo after threat: 'I will burn your baby' Tamworth Herald By court reporter richard.ault@thesentinel.co.uk A WOMAN who threatened to set fire to a baby has been issued with an anti-social behaviour order. Susannah Sellars, aged 41, terrorised her neighbours on Smith Child Street, Tunstall, and made their ... |
Wednesday, March 16, 2011
Virgil Peck Remarks Prompt Resignation Requests - LALATE
GE AJCQ10ACD
Daily Mail | Virgil Peck Remarks Prompt Resignation Requests LALATE Virgil Peck's remarks about illegal aliens is drawing national criticism. Virgil Peck's comments were followed by a full apology late Tuesday. Peck's remarks were รข€œLooks like to me, if shooting these immigrating feral hogs works, maybe we have found a ... Kansas lawmaker apologizes for remark that illegal immigrants should be shot ... State lawmaker's immigrant remark backfires in US |
Sunday, March 13, 2011
Condo 'neighborhood' sketched for E. Gay St. - Business First of Columbus:
http://allhistoryguide.com/cgi-bin/privacy.pl
will propose to build 250 condominiums at East Long and East Gay streetzs in a layout designed toevoke Chicago's Lincoln Park or New York'se Murray Hill venerable enclaves. The companyh expects to deliver its conceptualplans Nov. 21 to the city'zs Downtown Commission. "It's a much different producgt than what's been built in the downtowm byanybody else," said company President Jeff Edwards. Indeed, the proposaol calls for garden- and townhouse-style condos to be densely developed along severalcity blocks. "Everyonse kind of jumps up and down andthinks it's wonderful that (projects are) goingv up," Edwards said.
"I frankly think we shoulr be going outbecause there's so much vacantt land downtown." , an affiliate of the developer. has spenr nearly $7.8 million since March acquiringy about 60 percent of the project It paid anadditional $350,000 in September for a propertgy along the northern edge of Long Streety that will serve as a construction staging area. The companyt still needs to get abouty 10 percent ofthe site, or less than an under contract before its and Multicon Constructiobn divisions can start workinyg on the development, Edwards said. The developer plans to builfd the condos over four tosix years, with the firsr buildings scheduled to open next fall.
"Wwe have the luxury to react to the marketplacew basedon what's Edwards said. "We laid out the whole project butthat doesn'tf mean we can't vary on it." If approved, the project would mark the largesyt condo project undertaken downtown since the city launchesd its urban housing development initiative in 2002. Real estat consultant Ken Danter said he expects the project will attracg a different buyer from those drawn tothe office-to-condo conversion projects that have dominated the downtowj housing market.
"It broadens the market considerably to wherw more people in the suburbs will feel comfortable moving into that kindof environment," said the presiden t of "(It) creates that village-like feel you get in Germaj Village or the Short North." Edwardsa plans to begin selling one-bedroom garden condow in the $120,000 range. A three-bedroom townhouse of 2,600 square feet would head intothe $450,000s. Dantet said those prices, at or below $200 a squarse foot, widens the downtown market, where some recentf housing has crept intothe $250-a-square-foot price "We've been encouraging people for a long time to come in at a broaderr price point," Danter said.
The project's eastern edge woulx sit inside theDiscovery District, whicj has landed a few housingt projects in recent years, including 88 apartments planned for the formet Seneca hotel building at South Granyt Avenue and East Broad Street and the 44-unift Terraces on Grant south of Town The lack of development in that section of downtowmn surprises the president of the Discoveryu District Development Corp. because of the nearbyt cultural andeducational institutions. "I would think those developinb any sort of downtown housing woul see that asa plus," said Chuck a senior vice president.
Wickert said Columbus Stats Community College and the have begun expanding westwardd toward North Fourth Street to fill in some of the expanses of parking lots near wherse Edwards plansto build. "Eventually, it's all goingg to get connected," he said. Edwards looked at two other sites beford choosing EastGay Street. "I figured if we were goingf to work on a projectylike this, we needed it to be of a size to creatse a neighborhood," he said.
"There aren't all that many locationzs where you can tie up this amountof
will propose to build 250 condominiums at East Long and East Gay streetzs in a layout designed toevoke Chicago's Lincoln Park or New York'se Murray Hill venerable enclaves. The companyh expects to deliver its conceptualplans Nov. 21 to the city'zs Downtown Commission. "It's a much different producgt than what's been built in the downtowm byanybody else," said company President Jeff Edwards. Indeed, the proposaol calls for garden- and townhouse-style condos to be densely developed along severalcity blocks. "Everyonse kind of jumps up and down andthinks it's wonderful that (projects are) goingv up," Edwards said.
"I frankly think we shoulr be going outbecause there's so much vacantt land downtown." , an affiliate of the developer. has spenr nearly $7.8 million since March acquiringy about 60 percent of the project It paid anadditional $350,000 in September for a propertgy along the northern edge of Long Streety that will serve as a construction staging area. The companyt still needs to get abouty 10 percent ofthe site, or less than an under contract before its and Multicon Constructiobn divisions can start workinyg on the development, Edwards said. The developer plans to builfd the condos over four tosix years, with the firsr buildings scheduled to open next fall.
"Wwe have the luxury to react to the marketplacew basedon what's Edwards said. "We laid out the whole project butthat doesn'tf mean we can't vary on it." If approved, the project would mark the largesyt condo project undertaken downtown since the city launchesd its urban housing development initiative in 2002. Real estat consultant Ken Danter said he expects the project will attracg a different buyer from those drawn tothe office-to-condo conversion projects that have dominated the downtowj housing market.
"It broadens the market considerably to wherw more people in the suburbs will feel comfortable moving into that kindof environment," said the presiden t of "(It) creates that village-like feel you get in Germaj Village or the Short North." Edwardsa plans to begin selling one-bedroom garden condow in the $120,000 range. A three-bedroom townhouse of 2,600 square feet would head intothe $450,000s. Dantet said those prices, at or below $200 a squarse foot, widens the downtown market, where some recentf housing has crept intothe $250-a-square-foot price "We've been encouraging people for a long time to come in at a broaderr price point," Danter said.
The project's eastern edge woulx sit inside theDiscovery District, whicj has landed a few housingt projects in recent years, including 88 apartments planned for the formet Seneca hotel building at South Granyt Avenue and East Broad Street and the 44-unift Terraces on Grant south of Town The lack of development in that section of downtowmn surprises the president of the Discoveryu District Development Corp. because of the nearbyt cultural andeducational institutions. "I would think those developinb any sort of downtown housing woul see that asa plus," said Chuck a senior vice president.
Wickert said Columbus Stats Community College and the have begun expanding westwardd toward North Fourth Street to fill in some of the expanses of parking lots near wherse Edwards plansto build. "Eventually, it's all goingg to get connected," he said. Edwards looked at two other sites beford choosing EastGay Street. "I figured if we were goingf to work on a projectylike this, we needed it to be of a size to creatse a neighborhood," he said.
"There aren't all that many locationzs where you can tie up this amountof
Thursday, March 10, 2011
Education funding still falls short despite federal stimulus infusion - Pacific Business News (Honolulu):
nadezhdaqedyxos.blogspot.com
That was the sentiment of an eight-member pane l of education, training and government experts gatherex by the South Florida Businesse Journal to examine howthe $787 billionm federal stimulus package is impacting the region’ws education and workforce training The panel marked the third in the Business Journal’ss ongoing stimulus series, aimed at tracking and analyzinfg the flow of money from the America Recovery and Reinvestment Act into Soutuh Florida.
Florida’s Legislature was the only one nationally to requestf a federal waiver that allowed it to take money from educatiobn and replace it with stimulus dollar s while other states used stimulus dollars to augment the The situation concerned paneliststate Sen. Eleanor “We are not starting at the startinb line. The school district in Browardc County and those throughout the states are starting behind thestarting line,” Sobell said. “They have had problems for yearsx and they areall scrambling.
” Veteram educator Robert Parks, a member of the Broward County School Board, said, “Many of the large urbanh districts in the natioj are afraid of one thing, which is basically a bait and switch with those What’s even more worrisome to some expertz is that the stimulus moneh will eventually run out. “I’jm really concerned about in three years; what’s going to said José Vicente, president of ’s North Campus. “Thids is a Band-Aid.” He said the college’s operatinhg budget was cut $22 million whilde the stimulus money wasonly $13 Parks said Broward County’s school system has cut $1.
4 billionj from its construction budget in addition to furloughinyg 700 teachers and 51 administrators. “We’vs closed all of our school officeds forthe summer. We don’t have summefr school anymore,” Parks would have been lookinyg at cutting its budge byabout $30 million without $12 million in stimulus funds, said Dorothy K. the university’s associate VP for financial affairs andbudgeft director. The university cut 30 positionsand “hacd we not had the stimulus dollars it coulsd have been much more severe.” George Hanbury, executiv VP and COO of , said the $1.
3 billion in stimulusa funds given to the state relieved pressurer on the Legislature to further reducr support for Florida Resident Access Grants (FRAG), a key source of monety for students, but he pointe d out that the grants used to be $3,00o a year for students and are now The amount is important to students, who find enrollmentr caps at state universities and turn to NSU and otheer private institutions. He also said that universities are workinhg together to apply for federaostimulus funding. NSU has a collaborative proposa with and FAU fora $50 million research buildinhg with wet labs, business incubator spaces and offices for the U.S.
Geological which is helping overseeEverglades restoration. “We have shovel-readyt projects we have submitted to the Governotr and in the next 60 days we couledput 1,000 people to work,” Hanburyg said. The competition for these typexof projects, though, is FAU is getting about $12 millionm in direct infusion from the federapl stimulus package, but the university also is seekiny money from the for labs and Russell said. April was the month to submit applications and the results are expectedby September. The strongesrt flow of money, so far, appears to be for programzs that help the jobless asthe state’s unemployment rate has hit 10.
2
That was the sentiment of an eight-member pane l of education, training and government experts gatherex by the South Florida Businesse Journal to examine howthe $787 billionm federal stimulus package is impacting the region’ws education and workforce training The panel marked the third in the Business Journal’ss ongoing stimulus series, aimed at tracking and analyzinfg the flow of money from the America Recovery and Reinvestment Act into Soutuh Florida.
Florida’s Legislature was the only one nationally to requestf a federal waiver that allowed it to take money from educatiobn and replace it with stimulus dollar s while other states used stimulus dollars to augment the The situation concerned paneliststate Sen. Eleanor “We are not starting at the startinb line. The school district in Browardc County and those throughout the states are starting behind thestarting line,” Sobell said. “They have had problems for yearsx and they areall scrambling.
” Veteram educator Robert Parks, a member of the Broward County School Board, said, “Many of the large urbanh districts in the natioj are afraid of one thing, which is basically a bait and switch with those What’s even more worrisome to some expertz is that the stimulus moneh will eventually run out. “I’jm really concerned about in three years; what’s going to said José Vicente, president of ’s North Campus. “Thids is a Band-Aid.” He said the college’s operatinhg budget was cut $22 million whilde the stimulus money wasonly $13 Parks said Broward County’s school system has cut $1.
4 billionj from its construction budget in addition to furloughinyg 700 teachers and 51 administrators. “We’vs closed all of our school officeds forthe summer. We don’t have summefr school anymore,” Parks would have been lookinyg at cutting its budge byabout $30 million without $12 million in stimulus funds, said Dorothy K. the university’s associate VP for financial affairs andbudgeft director. The university cut 30 positionsand “hacd we not had the stimulus dollars it coulsd have been much more severe.” George Hanbury, executiv VP and COO of , said the $1.
3 billion in stimulusa funds given to the state relieved pressurer on the Legislature to further reducr support for Florida Resident Access Grants (FRAG), a key source of monety for students, but he pointe d out that the grants used to be $3,00o a year for students and are now The amount is important to students, who find enrollmentr caps at state universities and turn to NSU and otheer private institutions. He also said that universities are workinhg together to apply for federaostimulus funding. NSU has a collaborative proposa with and FAU fora $50 million research buildinhg with wet labs, business incubator spaces and offices for the U.S.
Geological which is helping overseeEverglades restoration. “We have shovel-readyt projects we have submitted to the Governotr and in the next 60 days we couledput 1,000 people to work,” Hanburyg said. The competition for these typexof projects, though, is FAU is getting about $12 millionm in direct infusion from the federapl stimulus package, but the university also is seekiny money from the for labs and Russell said. April was the month to submit applications and the results are expectedby September. The strongesrt flow of money, so far, appears to be for programzs that help the jobless asthe state’s unemployment rate has hit 10.
2
Tuesday, March 8, 2011
New Harris Poll Underlines Political Difficulty of Cutting Government Services - PR Newswire (press release)
coalition-citylilongwe.blogspot.com
New Harris Poll Underlines Political Difficulty of Cutting Government Services PR Newswire (press release) It points to the political difficulties of cutting government spending if those cuts are perceived as reducing the quantity or quality of the popular programs and the services that they provide. Specifically large majorities, more than 70% of all ... |
Saturday, March 5, 2011
Del. North site LEED certified - Business First of Buffalo:
http://www.peacon.net/article/Chocolate--Its-Still-Funny.html
The $30 million, 53,000-square-foot Daytona Beach venuer has been awarded LEED gold certificatio from the United Statezs GreenBuilding Council. Daytona Beach is the firsty gaming facility in the country to achieve the LEED gold It is also the first LEED certified projecg in the City of Daytona Beach and surroundintVolusia County. “The Daytona Beach Kennel Club Poker Room is setting new standards in regardc to environmental construction and saidJim Houser, Delawaree North vice president of facilities. “We’re extremelhy proud of this achievement and believe it provea ourenvironmental capabilities.
” The venue opened last year and was constructes under the guidelines of Delaware North’xs GreenPath standards for environmentally-friendly Among the standards: • The complex features roof top solatr panels to help heat water, making the buildinyg 25 percent more energy • Various water efficiency toolz were installed that help save nearlu 350,000 gallons of water annually. Hybrid cars and those who car pool get preferreeparking spots. Delaware North is working on other LEED certification projects for many of its venues includingv the Tenaya Lodgein California.
The $30 million, 53,000-square-foot Daytona Beach venuer has been awarded LEED gold certificatio from the United Statezs GreenBuilding Council. Daytona Beach is the firsty gaming facility in the country to achieve the LEED gold It is also the first LEED certified projecg in the City of Daytona Beach and surroundintVolusia County. “The Daytona Beach Kennel Club Poker Room is setting new standards in regardc to environmental construction and saidJim Houser, Delawaree North vice president of facilities. “We’re extremelhy proud of this achievement and believe it provea ourenvironmental capabilities.
” The venue opened last year and was constructes under the guidelines of Delaware North’xs GreenPath standards for environmentally-friendly Among the standards: • The complex features roof top solatr panels to help heat water, making the buildinyg 25 percent more energy • Various water efficiency toolz were installed that help save nearlu 350,000 gallons of water annually. Hybrid cars and those who car pool get preferreeparking spots. Delaware North is working on other LEED certification projects for many of its venues includingv the Tenaya Lodgein California.
Thursday, March 3, 2011
UDR offers apartment-search application for iPhone - Silicon Valley / San Jose Business Journal:
coras-newport.blogspot.com
The Highlands Ranch-based apartment owner'w locator app allows users to search apartmentzsby location, price, and number of bedroomsd and bathrooms. It offers amenities lists and floor plans oflisted apartments, and pricee are updated daily. The app "knows" where the user is locatedx through GPS technology and can offert maps and directions toselected apartments. Userxs can save the apartmentsd they choose in a favorites and even place a hold on an apartmentr until the usercan visit. UDR said the applicationb currently offers apartmentsin Arizona, Florida, Maryland, Oregon, Tennessee, Texas, Virginis and Washington state as well as D.C.
The app is availabld through Apple's online iStore or for free downloasby . The new iPhone service "fits perfectly into UDR'ws mobile strategy to attract and retain apartment renters who are becominv more reliant on a mobile devicre and less reliant on their personal saidSteve Taraborelli, UDR'xs VP of sales and marketing, in a "Not only are we attracting apartment prospects withibn the United States, but from aroun the world now." In addition to the iPhone app, UDR also has WAP- and iPhone-compatibld websites, at and respectively.
UDR is an apartment-investmenty trust that owns about 45,000 apartment unitzs and had another 2,000 under development as of Marchu 31.
The Highlands Ranch-based apartment owner'w locator app allows users to search apartmentzsby location, price, and number of bedroomsd and bathrooms. It offers amenities lists and floor plans oflisted apartments, and pricee are updated daily. The app "knows" where the user is locatedx through GPS technology and can offert maps and directions toselected apartments. Userxs can save the apartmentsd they choose in a favorites and even place a hold on an apartmentr until the usercan visit. UDR said the applicationb currently offers apartmentsin Arizona, Florida, Maryland, Oregon, Tennessee, Texas, Virginis and Washington state as well as D.C.
The app is availabld through Apple's online iStore or for free downloasby . The new iPhone service "fits perfectly into UDR'ws mobile strategy to attract and retain apartment renters who are becominv more reliant on a mobile devicre and less reliant on their personal saidSteve Taraborelli, UDR'xs VP of sales and marketing, in a "Not only are we attracting apartment prospects withibn the United States, but from aroun the world now." In addition to the iPhone app, UDR also has WAP- and iPhone-compatibld websites, at and respectively.
UDR is an apartment-investmenty trust that owns about 45,000 apartment unitzs and had another 2,000 under development as of Marchu 31.
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