http://soccerchomedey.com/england/
Financing for the purchase, which was made througnh an NTS affiliate, , was provided by the , accordingb to a news release. The purchase price was not disclosed. The previous owner was PlainviewApartments LP, a Denver-based investmengt partnership, according to online records from the Jefferson County Propertt Valuation Administrator and the Kentucky Secretar of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupancyh at the time of the purchasse was about94 percent, the releaser said. NTS plans to enhance and renovate the property but no details were disclosed inthe release.
The apartmentt complex was developed as part of the Plainviewplannedc community, which includes 800 single-family more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 milliohn square feet of office NTS began construction and development of the planned Louisville’s first, in the early With the acquisition, NTS Development Co. and its affiliatexs now own four apartment communitiexin Louisville. Its other holdings in the area are HurstbournsGrand Apartments, The Overlook at St. Thomaw and The Willows of Plainview.
NTS also manages 14 othee apartment communities and 31 commercial propertieds with more than 5 million feet of retail and warehouse space inthe
Thursday, March 31, 2011
Tuesday, March 29, 2011
Zicam maker pulls products, but affirms safety - Dallas Business Journal:
hustbelogehy1857.blogspot.com
The FDA said it receive d more than 130 complaints from consumers saying they have lost theidr sense of smell after using the Jennifer Warren, a former school teacherd who lives in Huntsville, Ala., said she lost her sense of smelll after using Zicam to prevent the duratiohn of a cold a few years ago, but had nevert complained to the FDA or the compangy because she figured there was no way to provse Zicam caused her She said she doesn’t want to sue Scottsdale-based Matrixx even after learning others have had the same experiences.
“Ij don’t think Zicam was created to hurt anyone,” she “We sit here and we rip and we rave aboutf all these drugs not beint allowed onthe market. The first time anything goes everybody wants togo sue, sue, sue. That drives me I honestly believe the peoplre were trying to do somethiny to help people not get William Hemelt, acting president and chief operating officedr of Matrixx, said the FDA action was taken withouf reviewing research he woule have been more than willingh to provide. “We think the science does not supporft this allegationat all,” he said. “Quites honestly, we would not be selling the product if we thoughft itwas unsafe.
” Zicam productw use a homeopathic remedy called Zincum Gluconicum 2x, which meansa they require FDA approval. Dr. Sam a medical doctor with a homeopathic saidhe can’t figure out why the FDA has taken so long to deal with the “I can think of no part of alternative medicin e that summons up more worry to conventional physicians than homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdayd at 2 p.m. and 1,000p followers on Twitter. “There are so many drug around that cause why would one event want to exposw people toany danger.” Brett a senior recall strategisty at Stericycle Inc. in Lake Ill.
, is coming to Phoenix this week to meet with Matrixzx officials to see if he can help the company withdamagwe control. Usually, he said, companies will voluntarilyg recall a product before the FDAgets That’s not how it happened with Matrixx. The FDA steppedr in and warned Matrixx that it had receive more than 130 consumer complaints and that the company needed to stop marketing the product until it can put a warninbg label on its packaging that it couldcauss anosmia. Over the past 10 years, Bertyt has worked with manufacturers to conducfabout 1,300 recalls, includingg Vioxx.
“Typically, hopefully, the manufacturer will work with me prior to approachin g theregulatory agency,” he “The most important thing for Matrixx is you can turn a seemingly awful situation into an opportunity if you’re judged by the publicv as being part of the solution. How swiftly do they executre that will demonstrate their concernj forthe public’s safety.” When the FDA sent the warninfg letter to Matrixx and advised consumers not to use certaijn Zicam cold remedies, on June 16, Matrixx’ stock plummeted 70 percentr to $5.78 a share. It bounced up a bit to $6.
143 a day later, but nowhere near its 52-week high of near its trading point before the FDA sent the warning letter. For the fiscal year ended March 31, Matrixx reported $13.7 million in net income on $112 million in net up from $10.4 million in net incomse on $101 million in net sales a year ago. Hemelrt said he will be meeting with FDA regulatords to discussthe issue. He also schedulef a conference callwith
The FDA said it receive d more than 130 complaints from consumers saying they have lost theidr sense of smell after using the Jennifer Warren, a former school teacherd who lives in Huntsville, Ala., said she lost her sense of smelll after using Zicam to prevent the duratiohn of a cold a few years ago, but had nevert complained to the FDA or the compangy because she figured there was no way to provse Zicam caused her She said she doesn’t want to sue Scottsdale-based Matrixx even after learning others have had the same experiences.
“Ij don’t think Zicam was created to hurt anyone,” she “We sit here and we rip and we rave aboutf all these drugs not beint allowed onthe market. The first time anything goes everybody wants togo sue, sue, sue. That drives me I honestly believe the peoplre were trying to do somethiny to help people not get William Hemelt, acting president and chief operating officedr of Matrixx, said the FDA action was taken withouf reviewing research he woule have been more than willingh to provide. “We think the science does not supporft this allegationat all,” he said. “Quites honestly, we would not be selling the product if we thoughft itwas unsafe.
” Zicam productw use a homeopathic remedy called Zincum Gluconicum 2x, which meansa they require FDA approval. Dr. Sam a medical doctor with a homeopathic saidhe can’t figure out why the FDA has taken so long to deal with the “I can think of no part of alternative medicin e that summons up more worry to conventional physicians than homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdayd at 2 p.m. and 1,000p followers on Twitter. “There are so many drug around that cause why would one event want to exposw people toany danger.” Brett a senior recall strategisty at Stericycle Inc. in Lake Ill.
, is coming to Phoenix this week to meet with Matrixzx officials to see if he can help the company withdamagwe control. Usually, he said, companies will voluntarilyg recall a product before the FDAgets That’s not how it happened with Matrixx. The FDA steppedr in and warned Matrixx that it had receive more than 130 consumer complaints and that the company needed to stop marketing the product until it can put a warninbg label on its packaging that it couldcauss anosmia. Over the past 10 years, Bertyt has worked with manufacturers to conducfabout 1,300 recalls, includingg Vioxx.
“Typically, hopefully, the manufacturer will work with me prior to approachin g theregulatory agency,” he “The most important thing for Matrixx is you can turn a seemingly awful situation into an opportunity if you’re judged by the publicv as being part of the solution. How swiftly do they executre that will demonstrate their concernj forthe public’s safety.” When the FDA sent the warninfg letter to Matrixx and advised consumers not to use certaijn Zicam cold remedies, on June 16, Matrixx’ stock plummeted 70 percentr to $5.78 a share. It bounced up a bit to $6.
143 a day later, but nowhere near its 52-week high of near its trading point before the FDA sent the warning letter. For the fiscal year ended March 31, Matrixx reported $13.7 million in net income on $112 million in net up from $10.4 million in net incomse on $101 million in net sales a year ago. Hemelrt said he will be meeting with FDA regulatords to discussthe issue. He also schedulef a conference callwith
Sunday, March 27, 2011
Miguel Cabrera has four RBIs in Detroit Tigers win over Houston Astros - MLive.com
tower-tennesseea.blogspot.com
Toledo Blade | Miguel Cabrera has four RBIs in Detroit Tigers win over Houston Astros MLive.com Detroit Tigers first baseman Miguel Cabrera knocked in four runs Sunday in a 8-4 win over the Houston Astros. He now has 16 in Grapefruit League games. Brad Penny » |
Friday, March 25, 2011
Clear Channel Outdoor names new CFO - San Antonio Business Journal:
disqualify-sida.blogspot.com
Chet Kwasniak’s position is effective June 15. Kwasniak will overser all financial reporting and IT activitiesx for ClearChannel Outdoor. He will report to Paul Meyer, president and CEO of Cleart Channel Outdoor forthe Americas. Kwasniak is joining Clea r Channel Outdoor after holding executiveor management-levelk positions at , , and Pactiv. “Chet’w extensive experience with systems designed tobring data-driven discipline to the businessea he has worked with provide him with the exact skill set to becomed an important strategic contributor to our managemenyt team,” Meyer says.
Cleard Channel Outdoor (NYSE: CCO) is the world’s largesyt outdoor advertising company with close to 1 milliob displays in over 50 countries across five In theUnited States, the company operatea just under 200,000 advertising displays and has a presencee in 49 of the top 50 designated market
Chet Kwasniak’s position is effective June 15. Kwasniak will overser all financial reporting and IT activitiesx for ClearChannel Outdoor. He will report to Paul Meyer, president and CEO of Cleart Channel Outdoor forthe Americas. Kwasniak is joining Clea r Channel Outdoor after holding executiveor management-levelk positions at , , and Pactiv. “Chet’w extensive experience with systems designed tobring data-driven discipline to the businessea he has worked with provide him with the exact skill set to becomed an important strategic contributor to our managemenyt team,” Meyer says.
Cleard Channel Outdoor (NYSE: CCO) is the world’s largesyt outdoor advertising company with close to 1 milliob displays in over 50 countries across five In theUnited States, the company operatea just under 200,000 advertising displays and has a presencee in 49 of the top 50 designated market
Wednesday, March 23, 2011
Dan Snyder stays at Six Flags under reorganization - Business First of Buffalo:
http://www.cromwellvet.com/preprocedurecare.html
Six Flags is also seeking a $600 millio n loan, secured by its assets, and $150 million in a new revolvinfcredit line. The company’s executive retention plan woulrd keep Snyder as board memberand chairman. Mark currently chief executive, as well as chied financial officer Jeffrey Speed and severakl other top management would also stay on inexecutived roles. Six Flags, which announced its Chaptetr 11 bankruptcy filing overthe weekend, listed $2.4 billionj in debt and $3 billionb in assets. It hopes to cut debt by $1.8 billionn and wipe out more than $300 million in preferredr stock.
Snyder and his management team, who took control of the themde park operator three and a halfyears ago, have not been able to retur the company to profitability, despite increasing attendance and sellinb several parks to raise capital last The company reported a $146 million first quarter loss. Six Flags has said its reorganizationh will not affect park operations and its vendorz and employees will continur tobe paid. Six Flags 20 theme parkz includein Largo.
Six Flags is also seeking a $600 millio n loan, secured by its assets, and $150 million in a new revolvinfcredit line. The company’s executive retention plan woulrd keep Snyder as board memberand chairman. Mark currently chief executive, as well as chied financial officer Jeffrey Speed and severakl other top management would also stay on inexecutived roles. Six Flags, which announced its Chaptetr 11 bankruptcy filing overthe weekend, listed $2.4 billionj in debt and $3 billionb in assets. It hopes to cut debt by $1.8 billionn and wipe out more than $300 million in preferredr stock.
Snyder and his management team, who took control of the themde park operator three and a halfyears ago, have not been able to retur the company to profitability, despite increasing attendance and sellinb several parks to raise capital last The company reported a $146 million first quarter loss. Six Flags has said its reorganizationh will not affect park operations and its vendorz and employees will continur tobe paid. Six Flags 20 theme parkz includein Largo.
Tuesday, March 22, 2011
Sunday, March 20, 2011
American Airlines' traffic declines - Dallas Business Journal:
Air Purifiers Phoenix
Both airlines are subsidiaries ofFort Worth-baseed (NYSE: AMR). American Eagle alone saw its May traffi ctumble 14.3 percent compared to the same period last while capacity fell 14.5 The regional airline flew 622.9 million revenuse passenger miles in May, down from 726 milliomn revenue passenger miles in May 2008. Americahn Eagle boarded 1.5 millio n passengers in May; its load factor — a measurr of the percentage of a planre filled with payingcustomers — of 73.3 perceng remained consistent with May of last year. Americah Airlines Inc. saw its traffic fall 11.7 percent in May, whilw its capacity dropped 8.8 percent compared to the previou year. During the month of May, 7.
2 million passengersa boarded American aircraft, and the airlins flew 10.3 billion revenue passengeer miles, down from 11.7 billion revenue passenger miles ayear earlier. American’s load factor fell to 79.2 percent, down from 81.7 perceny a year earlier.
Both airlines are subsidiaries ofFort Worth-baseed (NYSE: AMR). American Eagle alone saw its May traffi ctumble 14.3 percent compared to the same period last while capacity fell 14.5 The regional airline flew 622.9 million revenuse passenger miles in May, down from 726 milliomn revenue passenger miles in May 2008. Americahn Eagle boarded 1.5 millio n passengers in May; its load factor — a measurr of the percentage of a planre filled with payingcustomers — of 73.3 perceng remained consistent with May of last year. Americah Airlines Inc. saw its traffic fall 11.7 percent in May, whilw its capacity dropped 8.8 percent compared to the previou year. During the month of May, 7.
2 million passengersa boarded American aircraft, and the airlins flew 10.3 billion revenue passengeer miles, down from 11.7 billion revenue passenger miles ayear earlier. American’s load factor fell to 79.2 percent, down from 81.7 perceny a year earlier.
Thursday, March 17, 2011
Donaldson profit falls 42% in Q3 - The Business Journal of Milwaukee:
Air Purifiers Moreno Valley
Bloomington-based Donaldson said Tuesday its third-quarter earnings slipped to aboutr $27 million, or 34 centse per share. That’s down from a profity of $46 million, or 57 centw per share, during the same period last year. The results include a pre-taxc restructuring charge worth $6.8 million, or 6 cents per Donaldson cut 850 workers duringthe quarter; since the start of its fisca l year, the company has shed 2,700 workers, or abougt 20 percent of its work force.
Donaldsom (NYSE: DCI) recorded third-quarter sales of $413 million, down nearlyt 30 percent from $588 million in the year-ago Revenue was down across Donaldson’s business though sales of certain aerospace and defenses products performed better than in the same quarterof 2008. Analysts polledd by Thomson Reuters had projected a profit of 30 cents per share on revenue of $435 million. Such estimates typically exclude one-time charges. Donaldsonb also lowered its full-year outlook Tuesday, with Bill Cook, company CEO, chairman and president, sayin in a press statement that he expect s the economy to remainj soft in thecoming months. The company is projectingg earnings ofbetween $1.
55 and $1.70 per sharre for the year on revenue of between $1.8 billiob and $1.9 billion. Previously, it had projectedr a profit ofbetween $1.70 and $1.90 per share. meanwhile, had projected earnings of $1.7 per share and sales of $1.94 Cook also said, given the tough Donaldson may have to make toits “business plans and cost structure as necessary.” Donaldsonn reported its results after market close.
Bloomington-based Donaldson said Tuesday its third-quarter earnings slipped to aboutr $27 million, or 34 centse per share. That’s down from a profity of $46 million, or 57 centw per share, during the same period last year. The results include a pre-taxc restructuring charge worth $6.8 million, or 6 cents per Donaldson cut 850 workers duringthe quarter; since the start of its fisca l year, the company has shed 2,700 workers, or abougt 20 percent of its work force.
Donaldsom (NYSE: DCI) recorded third-quarter sales of $413 million, down nearlyt 30 percent from $588 million in the year-ago Revenue was down across Donaldson’s business though sales of certain aerospace and defenses products performed better than in the same quarterof 2008. Analysts polledd by Thomson Reuters had projected a profit of 30 cents per share on revenue of $435 million. Such estimates typically exclude one-time charges. Donaldsonb also lowered its full-year outlook Tuesday, with Bill Cook, company CEO, chairman and president, sayin in a press statement that he expect s the economy to remainj soft in thecoming months. The company is projectingg earnings ofbetween $1.
55 and $1.70 per sharre for the year on revenue of between $1.8 billiob and $1.9 billion. Previously, it had projectedr a profit ofbetween $1.70 and $1.90 per share. meanwhile, had projected earnings of $1.7 per share and sales of $1.94 Cook also said, given the tough Donaldson may have to make toits “business plans and cost structure as necessary.” Donaldsonn reported its results after market close.
Tuesday, March 15, 2011
Mortgage Bankers Association Company Profile | Company Information
Amcor AMS121HX
MBA invests in communities acrossz the nation by ensuring the continued strength ofthe nation'z residential and commercial real estate expanding homeownership and extending accesw to affordable housing to all Americans and supporting financial literacy efforts. Make no mistake abour it; we are an organizatioj dedicated to helping our membersw dotheir business. We actively advocate for our members, and have done so for nearlyy a century. We have seen the real estate finance industrh evolve into one of the strongesr and most sophisticated ofglobal markets.
We promote fair and ethicakl lending practices and foster professional excellence amonhg real estate finance employees through a wide rang of educational programs and a varietyof publications. We have over 3,00p0 member companies, including all elements of realestatw finance: mortgage companies, mortgage brokers, commerciao banks, thrifts, life insuranc companies and others in the mortgagre lending field. We provide up-to-the minuts news and information to our members so they are better able to meet the needs oftheir ...
MBA invests in communities acrossz the nation by ensuring the continued strength ofthe nation'z residential and commercial real estate expanding homeownership and extending accesw to affordable housing to all Americans and supporting financial literacy efforts. Make no mistake abour it; we are an organizatioj dedicated to helping our membersw dotheir business. We actively advocate for our members, and have done so for nearlyy a century. We have seen the real estate finance industrh evolve into one of the strongesr and most sophisticated ofglobal markets.
We promote fair and ethicakl lending practices and foster professional excellence amonhg real estate finance employees through a wide rang of educational programs and a varietyof publications. We have over 3,00p0 member companies, including all elements of realestatw finance: mortgage companies, mortgage brokers, commerciao banks, thrifts, life insuranc companies and others in the mortgagre lending field. We provide up-to-the minuts news and information to our members so they are better able to meet the needs oftheir ...
Saturday, March 12, 2011
Saint Mary's has several things working in its NCAA tournament favor - Contra Costa Times
http://eastlakederry.com/index.php?main_page=privacy
Saint Mary's has several things working in its NCAA tournament favor Contra Costa Times But that 76-71 victory is one of several factors that offer cause for optimism as the Gaels wait to find out whether they'll be included in the NCAA tournament when the field of 68 is announced Sunday at 3 pm (CBS-TV). Also highlighting Saint Mary's ... |
Thursday, March 10, 2011
Progress Energy seeks small rate decrease - The Business Journal of the Greater Triad Area:
pipeline-operates.blogspot.com
The proposal also asks regulators to adjust othee components of the rate toreflect energy-efficiency programs and other renewable energy resources. Under the proposal, a typicapl Progress household thatuses 1,000 kilowatrt hours a month would see the totapl bill drop 10 cents $106.7i8 to $106.68. North Carolina utilities are permitted a fuel charge oncustomer bills, which is a way for the to recover the cost of the fuel for its Utilities do not profigt from the charge. Raleigh-based Progress says it asking the Nortj Carolina Utility Commission to lowerf the fuel charge because global energh prices have stabilized from recorrd highs ofrecent years.
According to the a household using 1,000 kWh a montn would see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19anothet cents. But the renewable energuy portion of the bill will rise by 26 That increase pays for solar and biofuel contracts that Progress has signed to complg witha state- mandated renewable energuy target. If approved, the new rates will take effecf Dec. 1. Progress (NYSE: PGN) servesa 1.
25 million customers in North
The proposal also asks regulators to adjust othee components of the rate toreflect energy-efficiency programs and other renewable energy resources. Under the proposal, a typicapl Progress household thatuses 1,000 kilowatrt hours a month would see the totapl bill drop 10 cents $106.7i8 to $106.68. North Carolina utilities are permitted a fuel charge oncustomer bills, which is a way for the to recover the cost of the fuel for its Utilities do not profigt from the charge. Raleigh-based Progress says it asking the Nortj Carolina Utility Commission to lowerf the fuel charge because global energh prices have stabilized from recorrd highs ofrecent years.
According to the a household using 1,000 kWh a montn would see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19anothet cents. But the renewable energuy portion of the bill will rise by 26 That increase pays for solar and biofuel contracts that Progress has signed to complg witha state- mandated renewable energuy target. If approved, the new rates will take effecf Dec. 1. Progress (NYSE: PGN) servesa 1.
25 million customers in North
Monday, March 7, 2011
Mergers: Districts ponder joining forces - Phoenix Business Journal:
http://www.tsatours.com/design-tour/create-tour/
The Town of Tonawanda resident headedthe 17-membed board for seven years before steppintg down in March. Yet he didn’t retire. He continuew to serve as WesternNew York’ws regent, and he remains as outspoken as ever aboutf educational issues. One of his pet topices is the sheer number of localschool systems. Therd are too many of them, he says, and theirf enrollments are generallytoo small. “Why do you need 28 schoolp districts inErie County?” he asks. “I’d like to see somethin g like five districts in the county insteadof 28. I’f even like to start talking about a countywideschool district, like they have in Nort Carolina and a few other states.
” Bennett’e stand is buttressed by a report releases last December by the State Commission on Propertt Tax Relief. “New York State has too many school the reportsays flatly. It suggests that districts with fewerthan 1,000 students should be require d to merge with adjacent systems, and districts with enrollmentss between 1,000 and 2,000 should be encouragec to follow suit. Such proposals hit home in WesternmNew York, where 66 of the region’s 98 schoolo districts have enrollments below 2,000, including 38 with fewer than 1,000 students from kindergarten through 12th grade.
The hearrt of this issue is a matter of benefitzs andcosts -- pitting the perceived advantagesz of combining two or more districts against the potential loss of locapl control and self-identity. Advocates maintain that mergersa allow consolidated districts to bemore cost-effective, construct better schools and offer a wider rangse of challenging courses. “It’s not only a financial To me, it’s a matter of says Bennett.
“If you had a regional high school, maybw serving seven or eighg ofthe (current) districts, it wouled give kids the opportunith to work with each other -- and to have the best of the But opponents contend that mergers bring more bureaucracy, longer bus ride for students and diminution of local pride. “In this the world revolves aroundethis school,” says Thomas superintendent of the 478-pupil Shermajn Central School District in Chautauqua County. “If the schoopl went away, Sherman, N.Y., would lose a greaty deal of its identity.” School consolidation has been a emotional issue fora century.
The state was crosshatched by 10,5656 districts in 1910, many of them centered on one-roomj schoolhouses. A push for greater efficiency reduced that numbeto 6,400 by the outbreak of World War II, then swiftluy down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,540 pupils per which falls 25 percentf below the national average of 3,400, accordingb to the State Commission on Property Tax Relief. The gap is even larged in Western New which had 104 districtss when Business First begaj rating schoolsin 1992. Mergers have sincw reduced that number to 98school systems. They educates an average of 2,268 students, 33 percent below the U.S. norm.
A comprehensivd effort to push regionaol enrollment up to the national average would requirse the elimination of 33 Westernn NewYork districts. That process would be messy, rancorous -- and extremely unlikely. Thered is no shortage of candidatesfor consolidation, to be Business First easily came up with 13 hypotheticak mergers, most of them based on standardsx proposed in last December’s report. These unionw would involve districts from alleight counties. for a summary of thes 13 potential consolidations. It should be stressed that this list is not reality. State officials lack the power to force districtsto consolidate.
Initiative must be taken at thelocalp level, which happens infrequently. Only one prospective merger in Westernb New York has currently reached an advanceed stageof negotiations. Brocto n and Fredonia began consolidation talks last eventually commissioning a feasibility study at the beginninggof winter. If they decide later this year that a merger makes sense, voters in both districts would be give their say in a referendum. “If it occurs, the two districtxs would be equal partners,” says Brocton’xs superintendent, John Skahill. “Both board of education would go and a new board would be elected toreplaced it.
A new district would be A second pair of ChautauquaCountty districts, Ripley and Westfield, conductef an advisory referendum in February. Ripleyt voters supported a merger, but those in Westfiels did not, throwing negotiations into limbo. A thirdc set of talks was triggeredby Gov. Davix Paterson’s proposed state budget last December. “It would have raised our taxexs22 percent,” says Michael McArdle, superintendent of the Scio Centralp School District. “It drove us to look at our budgett and the issues wewere facing.
” The budgetary news from Albanyg subsequently took a turn for the better, but officialsx from Scio and nearby Wellsville continue to explore their optionxs -- perhaps a merger, more likely a collaboration on a smaller “Everything is open,” says McArdle. “We’res trying to find the best wayto go, the way to get the best educationalp opportunities for our students and to keep our tax rate The Wyoming Central School Districyt faced a similar problem in 1991. Enrollment was especially at the high school Elective courses weresparsely attended. Only threr students signed up for physics one Voters rejected mergers with Pavilionor Warsaw.
“That left the distric t struggling to come up with a says thecurrent superintendent, Sandras Duckworth. “So we started to look at Wyoming students now attend their local school throughheighth grade, then shift to high school in any of four adjacentt districts: Alexander, Attica, Pavilion or Wyoming pays tuition for each student, a standard rate that is negotiatedf with its neighbors every five years. Wyomingf also belongs to a consortium of six districts seekiny ways to cut costs by sharing services suchas transportation, buildinv maintenance, special education and curriculum development.
Similar arrangements can be found elsewhere in WesternNew York, sometimes involvingg several districts, sometimes a one-on-onse setup such as Scio and Wellsvillre are discussing. These measures offefr the prospect of reducing expenses while retaininglocal control. It’sx a combination that appeals to superintendentx who are well aware that the mere suggestiobn of a merger can triggerintensew opposition. “What the people of Sherman are tellingt us is that they like the educatiohn their childrenare receiving,” says “They’re saying, ‘Please keep it the way it is.
’”
The Town of Tonawanda resident headedthe 17-membed board for seven years before steppintg down in March. Yet he didn’t retire. He continuew to serve as WesternNew York’ws regent, and he remains as outspoken as ever aboutf educational issues. One of his pet topices is the sheer number of localschool systems. Therd are too many of them, he says, and theirf enrollments are generallytoo small. “Why do you need 28 schoolp districts inErie County?” he asks. “I’d like to see somethin g like five districts in the county insteadof 28. I’f even like to start talking about a countywideschool district, like they have in Nort Carolina and a few other states.
” Bennett’e stand is buttressed by a report releases last December by the State Commission on Propertt Tax Relief. “New York State has too many school the reportsays flatly. It suggests that districts with fewerthan 1,000 students should be require d to merge with adjacent systems, and districts with enrollmentss between 1,000 and 2,000 should be encouragec to follow suit. Such proposals hit home in WesternmNew York, where 66 of the region’s 98 schoolo districts have enrollments below 2,000, including 38 with fewer than 1,000 students from kindergarten through 12th grade.
The hearrt of this issue is a matter of benefitzs andcosts -- pitting the perceived advantagesz of combining two or more districts against the potential loss of locapl control and self-identity. Advocates maintain that mergersa allow consolidated districts to bemore cost-effective, construct better schools and offer a wider rangse of challenging courses. “It’s not only a financial To me, it’s a matter of says Bennett.
“If you had a regional high school, maybw serving seven or eighg ofthe (current) districts, it wouled give kids the opportunith to work with each other -- and to have the best of the But opponents contend that mergers bring more bureaucracy, longer bus ride for students and diminution of local pride. “In this the world revolves aroundethis school,” says Thomas superintendent of the 478-pupil Shermajn Central School District in Chautauqua County. “If the schoopl went away, Sherman, N.Y., would lose a greaty deal of its identity.” School consolidation has been a emotional issue fora century.
The state was crosshatched by 10,5656 districts in 1910, many of them centered on one-roomj schoolhouses. A push for greater efficiency reduced that numbeto 6,400 by the outbreak of World War II, then swiftluy down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,540 pupils per which falls 25 percentf below the national average of 3,400, accordingb to the State Commission on Property Tax Relief. The gap is even larged in Western New which had 104 districtss when Business First begaj rating schoolsin 1992. Mergers have sincw reduced that number to 98school systems. They educates an average of 2,268 students, 33 percent below the U.S. norm.
A comprehensivd effort to push regionaol enrollment up to the national average would requirse the elimination of 33 Westernn NewYork districts. That process would be messy, rancorous -- and extremely unlikely. Thered is no shortage of candidatesfor consolidation, to be Business First easily came up with 13 hypotheticak mergers, most of them based on standardsx proposed in last December’s report. These unionw would involve districts from alleight counties. for a summary of thes 13 potential consolidations. It should be stressed that this list is not reality. State officials lack the power to force districtsto consolidate.
Initiative must be taken at thelocalp level, which happens infrequently. Only one prospective merger in Westernb New York has currently reached an advanceed stageof negotiations. Brocto n and Fredonia began consolidation talks last eventually commissioning a feasibility study at the beginninggof winter. If they decide later this year that a merger makes sense, voters in both districts would be give their say in a referendum. “If it occurs, the two districtxs would be equal partners,” says Brocton’xs superintendent, John Skahill. “Both board of education would go and a new board would be elected toreplaced it.
A new district would be A second pair of ChautauquaCountty districts, Ripley and Westfield, conductef an advisory referendum in February. Ripleyt voters supported a merger, but those in Westfiels did not, throwing negotiations into limbo. A thirdc set of talks was triggeredby Gov. Davix Paterson’s proposed state budget last December. “It would have raised our taxexs22 percent,” says Michael McArdle, superintendent of the Scio Centralp School District. “It drove us to look at our budgett and the issues wewere facing.
” The budgetary news from Albanyg subsequently took a turn for the better, but officialsx from Scio and nearby Wellsville continue to explore their optionxs -- perhaps a merger, more likely a collaboration on a smaller “Everything is open,” says McArdle. “We’res trying to find the best wayto go, the way to get the best educationalp opportunities for our students and to keep our tax rate The Wyoming Central School Districyt faced a similar problem in 1991. Enrollment was especially at the high school Elective courses weresparsely attended. Only threr students signed up for physics one Voters rejected mergers with Pavilionor Warsaw.
“That left the distric t struggling to come up with a says thecurrent superintendent, Sandras Duckworth. “So we started to look at Wyoming students now attend their local school throughheighth grade, then shift to high school in any of four adjacentt districts: Alexander, Attica, Pavilion or Wyoming pays tuition for each student, a standard rate that is negotiatedf with its neighbors every five years. Wyomingf also belongs to a consortium of six districts seekiny ways to cut costs by sharing services suchas transportation, buildinv maintenance, special education and curriculum development.
Similar arrangements can be found elsewhere in WesternNew York, sometimes involvingg several districts, sometimes a one-on-onse setup such as Scio and Wellsvillre are discussing. These measures offefr the prospect of reducing expenses while retaininglocal control. It’sx a combination that appeals to superintendentx who are well aware that the mere suggestiobn of a merger can triggerintensew opposition. “What the people of Sherman are tellingt us is that they like the educatiohn their childrenare receiving,” says “They’re saying, ‘Please keep it the way it is.
’”
Saturday, March 5, 2011
Vallejo fast-food restaurant employee stabbed during altercation - San Jose Mercury News
http://artofgeraldsteinmeyer.com/traditionandpursuit.htm
Vallejo fast-food restaurant employee stabbed during altercation San Jose Mercury News The 9:40 pm incident left the 28-year-old man with cuts to his right hand and right arm and a stab wound to his center torso between his abdomen and his chest, Vallejo Police Department spokesman Jeff Bassett said. The injuries didn't appear to be life ... |
Wednesday, March 2, 2011
Local apartment complex sales are dipping in down market - South Florida Business Journal:
erofeyporgrinin.blogspot.com
But things are noticeably more quiet these According to information compiledby Austin-based multifamily researcg firm , through the first nine months of 29 apartment communities — a total of 6,0489 units — changed By comparison, through the firsft nine months of 2007, 49 communitiesz — a total of 9,735 units had changed hands. The drivingt factor in the salea slump: The change in the capital markets, says Will Balthrope, seniort director for The of Marcus & Millicha p Real Estate Investment Services. The Dallas-based Balthropd Group specializes in multifamily dispositions for privatw andinstitutional sellers.
Banks and other lenders have tightenexd theirlending practices, which is making debt financingy scarce, Balthrope says. Meanwhile, equity requirements have alsobeen “Both shoes have dropped,” he adds. “Buyere simply have less to work with.” To date, The Balthrop e Group has negotiated 11 apartmentsalew — marking about a 40 percent drop from the rate of transactionz in 2007.
Casey Fry, an associate with the San Antonio/Austin officde of Atlanta-based (ARA), says that transaction activitgy in his division is down by abouf 45 percent compared to last The lack of capital has also put downwarr pressure on values for multifamily assetsas well, say Fry and Even in a market like San Antonipo — where the real estate fundamentals have been strongb — sellers “say their property is worth X, but the buyerf is only able to get financefd for Y,” Fry explains. the real estate market is in turmoil,” he “Speculation has been taken out ofreal estate.
” With the ask-bixd gap not poised to shrink any time many buyers and sellersa are sitting on the sidelines now, says Ryan a broker in the San Antoniok office of The Balthrope Group. As for thosr sellers that opted to put theirr properties onthe market, many have founr themselves in a harsh new world. As part of a new reporf on the country’s multifamily market, the research arm of the real estatefirm — compiledf case studies about specific properties in Texasd markets. In San Antonio, for example, a new multifamilgy property was marketed twice thisyear — once in and then in Over that period, the price of the propertyg declined by 12 percent.
Epstein’s advice to Make a commitment. “We’re seeing prices decreasse in a matterof months,” he says. “Sellersz need to be decisive.” “There is a no hope of a an overpaying buyer froma far-awa y land,” Balthrope says. And every day that a sellef spends waiting forthat best-case scenario is another day that the selle is losing money on that adds Scott Weems, a broker with the San Antonio offic of Phoenix-based . Weems says that sales volumre to date for 2008 for his firm is down abougt 60 percent fromlast year.
But there’s a silver linintg in the gray clouds hanging over the locao multifamilyinvestment market, industry observerx contend. The city has continued to seejob growth, explains Balthrope, who also notes that over the past 20 the Alamo City’s apartmenft sector has hovered at an occupancuy rate of between 90 and 95 percent.
But things are noticeably more quiet these According to information compiledby Austin-based multifamily researcg firm , through the first nine months of 29 apartment communities — a total of 6,0489 units — changed By comparison, through the firsft nine months of 2007, 49 communitiesz — a total of 9,735 units had changed hands. The drivingt factor in the salea slump: The change in the capital markets, says Will Balthrope, seniort director for The of Marcus & Millicha p Real Estate Investment Services. The Dallas-based Balthropd Group specializes in multifamily dispositions for privatw andinstitutional sellers.
Banks and other lenders have tightenexd theirlending practices, which is making debt financingy scarce, Balthrope says. Meanwhile, equity requirements have alsobeen “Both shoes have dropped,” he adds. “Buyere simply have less to work with.” To date, The Balthrop e Group has negotiated 11 apartmentsalew — marking about a 40 percent drop from the rate of transactionz in 2007.
Casey Fry, an associate with the San Antonio/Austin officde of Atlanta-based (ARA), says that transaction activitgy in his division is down by abouf 45 percent compared to last The lack of capital has also put downwarr pressure on values for multifamily assetsas well, say Fry and Even in a market like San Antonipo — where the real estate fundamentals have been strongb — sellers “say their property is worth X, but the buyerf is only able to get financefd for Y,” Fry explains. the real estate market is in turmoil,” he “Speculation has been taken out ofreal estate.
” With the ask-bixd gap not poised to shrink any time many buyers and sellersa are sitting on the sidelines now, says Ryan a broker in the San Antoniok office of The Balthrope Group. As for thosr sellers that opted to put theirr properties onthe market, many have founr themselves in a harsh new world. As part of a new reporf on the country’s multifamily market, the research arm of the real estatefirm — compiledf case studies about specific properties in Texasd markets. In San Antonio, for example, a new multifamilgy property was marketed twice thisyear — once in and then in Over that period, the price of the propertyg declined by 12 percent.
Epstein’s advice to Make a commitment. “We’re seeing prices decreasse in a matterof months,” he says. “Sellersz need to be decisive.” “There is a no hope of a an overpaying buyer froma far-awa y land,” Balthrope says. And every day that a sellef spends waiting forthat best-case scenario is another day that the selle is losing money on that adds Scott Weems, a broker with the San Antonio offic of Phoenix-based . Weems says that sales volumre to date for 2008 for his firm is down abougt 60 percent fromlast year.
But there’s a silver linintg in the gray clouds hanging over the locao multifamilyinvestment market, industry observerx contend. The city has continued to seejob growth, explains Balthrope, who also notes that over the past 20 the Alamo City’s apartmenft sector has hovered at an occupancuy rate of between 90 and 95 percent.
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