среда, 29 июня 2011 г.

DEXTER: Council approves medical marijuana ordinance; home occupation covered ... - Heritage Newspapers

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DEXTER: Council approves medical marijuana ordinance; home occupation covered ...

Heritage Newspapers


The ordinance additions include the definition of "home use occupation," which is in congruence with the state law, which allows qualifying patients registered with the Michigan Department of Community Health to legally cultivate medical marijuana at ...



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понедельник, 27 июня 2011 г.

As recession grows, more Seattle work goes into development limbo - Atlanta Business Chronicle:

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Two dozen construction projects in Seattle are stalled due to the according to a tally bythe They’re not getting any prettier. Instead of gaining a groceryg store ornew homes, neighborhoods are inheriting holess in the ground and half-finished The list — the first count by the city —includees more than $40 million worth of projects and hundreds of thousands of square feet of ranging from condominium developmentz to retail projects. The projects hail from the heart of Ballard and the edges ofQueen Anne.
Many have been sittinfg untouched for more thana It’s the first time in decades that Seattle has compiled such a list, but it took the step this sprinh to try to assess the effect of the creditt market’s collapse on the Pugety Sound real estate market. Inspectors conducted an informal survey to find potentially stalled sites and to make sure they are kept cleajand safe. “This is unusual definitely,” said Alan Justad, deputy director of the Seattle Department of Planningand “You just don’t see things stallp very often in Seattle.” “In recenty decades we haven’t had anything like this.
” The number of stalled projectds could grow substantially, especiallty if the recession worsens. Anotherf 400 projects are awaiting initialpcity approval. Some of those have had littled activity inrecent months, and it remains unclear how many of thoses ultimately could be stalled or abandoned, Justad The city is offering to exten d the approval period for up to two “We just do not want to closee the door” on projects, Justade said. “The question is whethere they want to put on hold or cancethe project.
” Developers of the 24 projects identified as stalledd have shelled out at leas $400,000 for permits and fees and that doesn’t include thousands of dollars in fees they’ve paid to othefr city departments, Justad said. Those fees are City officials plan to help thesew struggling developers keep theirpermits active, Justad That way, when the real estat market does turn around, they’ll be ready to go Until then, many of them are just waiting. Whiled the 24 stalled projects comparewith 1,800 that appeae to be going the number is highly indicative of the weak developmen t market, Justad said.
The causes of the stalls are Some developers are struggling with financing as local banks cut back on realestatde lending. Others are facing foreclosur e with no hope of selling or finishinttheir property. Some can’t even sell the land becaus e of the steep dropin prices. The Pugert Sound Business Journal phoned every developer identified by the Many did not return At least one disputec his projectwas stalled.
“We continue to work on it we haven’t stopped,” said Michael Mastro, who’sd developing 301 apartments on the formetr Leilani Lanes bowling alley site on Greenwood Avenue Some of the eyesores are more recognizableethan others: the failed Hotel 1 condominium projecty in downtown Seattle, which has developed into a giant pit next to the Macy’s parkinf garage, and the site of the formerd Ballard Denny’s restaurant are on the list. Otherss are less obvious.
Developer Paul Guzman was buildinya six-story condo building near Queen Anne — untikl his financing from Everett-based fell Now the property, 70 percentg complete, is in foreclosure and Guzman has filexd for personal bankruptcy. Frontier is struggling with bad real estate loans and is operating under strictregulatorhy enforcement. The bank doesn’t comment on individual lendingf relationships. “At a certain poiny I realized they weren’t going to give me the said Guzman. “(The project) just got delayes and delayed again.” The stalled projecte are in various stages ofthe city’s permittinbg process.
Some developers, like , have full permitse but are fighting a bad realestate market. The developedr planned to builda 12-unit condo building on Capitolk Hill with all the green amenities that have becomee wildly popular in Seattle. Working with a $5 million construction loan fromSeattle Bank, Greaft Northern tore down several existing buildings on the land — and then the real estatd market came to a screeching halt, said Ed owner of the company. Early last Seattle Bank “put the brakes on the said Gallaudet. Now the land has been sittingh for over a year and Gallaudet is exploringhis options.
He couldf try to build fewee units and price themat $500,000, abouft $100,000 less than he originally anticipated. Or he could sell the land at asteepo discount. “We have to figure out how to builrd a product and make less moneyyon it,” said Gallaudet. “And do we need anothert 12 units on the marketright now? Probably

пятница, 24 июня 2011 г.

Atlanta airport may raise $800M - Birmingham Business Journal:

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officials have set in motion aprocess that, if approvef by Atlanta City Council, would allow for the sale of bonds to investorzs by the end of summer, potentiallgy saving the billion-dollar-plus project from a near certain The airport is also looking to refinance up to $590 milliojn in existing general revenue bonds at a better interesf rate. The fate of the Maynards Holbrook Jackson International Terminal has been caught in a disput e between the city and over anew 30-yeare airport master lease and future capitalk projects at the world’s busiest airport.
The city abortexd a move to raise $600 millionh in new debt aftere Delta pulled its support for the bond package last September and frozen credit markets prevented the airporft fromgoing forward. Lease negotiations with Deltw are continuing, but airport spokesmabn John Kennedy declined to discuss details ofthe talks. “Thie is the first step in the process towarf raising the bond money for completion of the international terminalby 2012,” Kennedy said, declining furthefr comment. Airport General Manager Ben DeCosta was at a conferencrein Philadelphia, and was unavailable for comment. A requesty for comment from Delta officials was notimmediatelu returned.
Construction in recent months hasn’ slowed, but fresh bond financing is critical to avoide a suspension of work on the Delta and the city have agreecd that construction will continues on the international terminal for as long as fundshold out. Delt officials have said the airline wantxs a new lease completed to ensure its operating costsat Hartsfield-Jackso remain competitive before makingv substantial commitments in capital for futurwe airport projects. Though Delta has been stungf by the global cut back in and is planning significant cuts ininternational capacity, the carrie r would likely need the gates once the economy rebounds.
The up-to-$800 million in new debt woulde be repaid through passengerfacility charges, airline landing and lease and other airport revenue. Sourcees familiar with the lease talks have said Delta wants to completew a new lease agreement before Mayofr Shirley Franklin leavesoffice Dec. 31. The currenr lease expires in September 2010. Sourcesw familiar with the mattersaid Hartsfield-Jackson can re-entet the bond market with or withoutr the support from the world’s largesft carrier. On June 8, Fitch Ratings affirmef the airport’s solid A-plus bond rating and revised Hartsfield-Jackson’s bond ratint outlook from negativeto stable.
According to the 53-page draf t bond package, has determined the bonds to be marketable. is the bond registra r and paying agent of the An underwriter was not identified in the It is not clearif Atlanta-based Delta (NYSE: DAL) is on-board with the new bond Though conditions in the bond marketr have improved since last September, it stands to reason the city would not try this routw again if Delta would publiclyg oppose the move. In a recent interview, Franklibn said the city has never gone to market for airport bonds without the backing of Deltwa and theother airlines. She addedr that she could not imaginew the city seeking to issue airport bondswithout Delta’xs support.
The building was designed with Delta’s internationa ambitions in mind. Delta is expecteed to take halfits gates. In it was revealed Deltq pulled its support for the originalbond package, telling bond underwrited in a September letter that the airport’ vision of future projects was too grand in scalew and didn’t include a sixth runwaty that Hartsfield-Jackson carriers want.

среда, 22 июня 2011 г.

San Francisco Business Times: Starting a Business : Business Advice

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Let's be honest: Thingd are bad, and it is miserable out there in the worlsdof commerce. We are in a globap recession that will last forsome time. 1. The economy eventually will improve andget 2. Most companies rely on salespeople to help with thebotton line. Continuing sales of a producft or service for an organization along with greatt salespeople will be needed even more durin thesetough times. I think it is important to look at a strateg y as old as business itself that will help a its profitability, the salespeoplew employed and the customers that a company does business The first thing, which is of the utmostf importance, are your customers.
Whether you are the CEO readingf this, the salesperson or a person in customer service - this is the time to protec t your customer base and make sure that they are period! The one way to do this is to get in touchg with your customers. Do not attemptg to do this by mailor e-mail. It is too If you want to builc relationships withyour customers, then builds them the way they are supposed to be builtr - by people dealin directly with people! You need to ask your customerzs a simple and direct question: "How are we doing for you? Be and tell me the Next, for the salespeople who still are you are going to have to work harder.
Yes, I said it - This means not only visiting your existing customers and checkinvg their true level of customer satisfaction but also goinb out and gettingnew Sure, the economy is slow, and we are not buying as much of anything as we did a few yearsd ago, but the fact remains that there is stilk business being done out there.

понедельник, 20 июня 2011 г.

Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Business First of Buffalo:

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NHL court filings with the U.S Bankruptcg Court handling the Coyotes Chapter 11 bankruptcty protection include a list of possiblre owners that would keep the team in They include: Howard Sokolowski and Davidc Cynamon, owners of the Canadian Footballp League's Toronto Argonauts; Chicago Whiter Sox owner Jerry Reinsdorf; Coyotes minority owner John and an unnamed Phoenix-area business executive as possiblde bidders. Research in Motion CEO Jim Balsillie already hasa $213 millioh offer on the table for the Coyotes and wouls move the team to Ontario. The Coyotes have lost $316 million since moving to the Phoenix markeftfrom Winnipeg, Canada, in 1996.
Balsillie's offef is expected to be substantially greateer than any offer to keep the teamin Glendale. RIM make s Blackberry smartphones and Balsillie is a billionaire who has made offerw for otherNHL teams. The NHL also got more lega l back up Fridayfrom , the and National Basketbalkl Assocation. The professional sports leaguew argue in court filings that they shoulfd have control overfranchises sales, moves and relocationsz in order to maintain the economicf viability of their operations. The NHL opposea Balsillie's effort to move the Phoenis franchise backto Canada.
Coyotes owner Jerry Moyes also said in June 5 court filingsz thata $100 milion cash infusion he has put into the team shoulds be treated as a debt the hockey team's reorganizatiobn should reimburse him for. Moyes wants to sell the Coyotesz to Balsillie who contends hockehy is not financially viablein Moyes' court filings also downplayedx a $750 million lease penalty the city of Glendalse could file for if the Coyotes breal their 30-year lease at Jobing.com Moyes and Balsillie want the bankruptcy court to discharge the leased as part of the team's Chaptefr 11.

суббота, 18 июня 2011 г.

ITC's Unique Social Forestry Project Bags Carbon Credits for Poor Tribals

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The project, which has been initiated on privatew degraded wastelands owned by tribals and therurapl poor, will contribute to the livelihoods of these disadvantagee sections in 193 villages in the Khammaj district of Andhra Pradesh. The benefitds of the project activity, whicnh will earn 57792 CERs, will be passed on to the tribalas post expenses incurred for theCDM project. A majotr step forward in climatechange mitigation, ITC'w project has innovated to ensure that poor tribals in rural India will also be able to benefitf from carbon credits traded across the world. The projecg also makes a very significant contributionh by creating a carbon sinkof 3070.
19 which not only helps in sequestration of greenhouse gasews such as CO2, but also createxs multiple benefits including a large green cover, groundwate r recharge, conserving in-situ moisturde and increase in soil fertility. The project will also help improve soil and water erosion control measures in the rivere Godavaricatchment area. This Forestry project, implementes by ITC, assumes special significancew as it isthe world's first large scale Afforestation/Reforestation project with retrospective credit of 57792 The project titled "Reforestationj of severely degraded landmass in Khammam district of Andhrza Pradesh", is being implemented through Non Governmental Organizations (NGOs) in close partnership with locaol communities.
ITC provides farmers with financial and technical assistance to implement thisReforestation project. The primaryt objective of this effort is to creater a long term secure source of sustained incoms for the rural poor in the area and to enable sequestrationj of CO2 throughreforestatioj activities. This is ITC's 8th registered CDM and contributes to its achievement of being the only companyu in the world to attai n the major global environmentapl milestones of beingcarbon positive, water positive and solid waste recycling Contacts Mr Nazeeb Arif, Vice Corporate Communications, ITC Ltd, ITC Centre, 8th 37, J L Nehru Kolkata - 700 071, Phone : +91-33-22880329.

среда, 15 июня 2011 г.

Ritter confronted at bill signing by union grocery workers - Kansas City Business Journal:

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Ritter addressed the workers publiclyafter , repeating to them as he had writtej in his May 19 veto of House Bill 1170 that he felt that the bill woulsd have interrupted ongoing union negotiations with grocery-store chains , and Albertsons. But aftere several minutes of explanation, workersw began yelling, "That is a lie!" and "Sir, why did you and the governor leftthe podium. "I have made my Thank you very Ritter said as he exited the packed west foyetr ofthe Capitol. .
Tensiond between union workers and the Democratic governor that they helped to elecft in 2006 have been simmering sincr his veto of the bill that would haveallowed locked-our workers to collect unemployment insurance benefits. United Food and Commercial Workers UnionLocal No. 7 President Ernest Duran said that Ritterthad "betrayed" them and "reneged on his and some activists have begun lookin for a candidate to opposre Ritter in a primary.
Ritter signed 29 bills Tuesday, culminating with an evenin "Help for Working Families Fair" at the Capitoo in which he inked six laws to help unemployec residents receive more benefits andkeep workers' homesz from being foreclosed among other things. Leaderws from several construction unions stood behinrd him as he signed one of the HouseBill 1310, which allows for the easier filing of complaints if an employerf misqualifies a worker as an independent But, even before then, while Rittere was signing a measure that will allowa local governments to sell low- to no-interest bonds for publicf construction under the Americah Recovery and Reinvestment Act, the harangues began.
Crowd memberw clad in black UFCW shirtsxyelled "Governor, can you explain why you vetoed Housre Bill 1170?" and "We supporyt you, governor; you turned your back on as Ritter largely ignored Then, as he later signed Senatd Bill 247, which increases the number of Coloradanas who qualify for unemployment insurance and will bring in some $200 millioh in federal money, someonse yelled: "Where was your support for the grocery workerz when you vetoed House Bill 1170, governor?" Ritter replied: "I'm going to sign these and then we'll talk.
" After he the governor rose to the microphone and firsy told the crowd how many of the new laws will help workerz affected by the recession. He then explainedr that signing HB 1170 would have been akin to the governmentg implementing new playing rules for negotiationa between the UFCW and the thre grocery chains that have been underwah sinceApril 9. He also said that he woul d be open to reconsidering similar legislation at afuture date. He note that a bill he signed Tuesdayhregarding electricians' education standards was similaf to one he vetoed in 2008 whil telling competing sides on the measurre that they needed to work out a compromise -- whicj they did this year.
"I also think that publixc policy should not be used tointerrupt negotiations," Ritter told the which included about 25 UFCW workersx along with proponents of the billa being signed. "It is my great hope that you'red able to work this out." Then question-shoutint began from the back. And Ritter's speechj to the group ended.

понедельник, 13 июня 2011 г.

USGA Has Fun with Groupings for the US Open - Bleacher Report

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Bleacher Report


USGA Has Fun with Groupings for the US Open

Bleacher Report


The USGA has a longstanding, unmentioned, bit of fun with the grouping of competitors in the US Open. One year they put three guys with mustaches together. Another time, they were all winners of the Met Open. And they've even put three guys with long ...



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суббота, 11 июня 2011 г.

Nathan Littauer closes

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million in revenue. It’ws the seventh year in a row the hospital finished the year with a positiveoperating 2.8 percent. The hospital said because it is a positive finances are referred to as an operatingh margin ratherthan profits. The operatinv margin will be used to reinvestg in the facilitiesand equipment, the hospital said. “Thesde are challenging times for any healtjhcare organization,” said Laurence Kelly, Littauer’s president and CEO. “Ths sector has been wrought with fluctuation and chaos becausw of budget and reimbursement changes coupled with theplummetinfg stockmarket. ...
I do not know of any hospita in our region that has operatedd in the black during all of theseseven years.” Kelly said the recenty financial results is change from the hospital'w historical results. "Nathan Littauer is a small he said. "It's the smallest hospital in theCapital Region. And it didn't used to be I can tell you in the 80s and 90s the hospitap lost money from operations 16 of those20 years." He said the hospital'ws 900 employees have provided insights into what changea needed to be made and as a the hospital has improved its finances. "Aes hospital is only as good as its medical Kelly said.
"And a successfukl hospital has to havesuccessful doctors. If you have reallyt good doctors, and you help them be you'll have a successful hospital." The hospitap was praised by the . "Forf Nathan Littauer Hospital to come through such difficulf times without sustaining an operating loss is a rare saidDaniel Sisto, HANYS president.

среда, 8 июня 2011 г.

Summit ER prepares for $8M expansion - Nashville Business Journal:

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The Hermitage hospital is seeking state approvall to add eight beds to itsemergench room, which would bring its total to 31. The proposexd project would givethe 188-bed hospital more room for urgenr care and make the ER faster and more comfortabld for patients, officials say. A key feature is its two entrances: one for patientzs wth severe injuries or conditiond and another for thosewith less-urgent needs. “This is all about the design and makinyg everything more efficient for the patient andfor Summit’s emergency room director Randt Farrar says.
“Privacy is difficult in an emergencty room, but the new design will offer muchmore There’s even going to be a small grievingg room.” Summit is one of several area hospitales to upgrade its emergency rooms in recent yeards — an effort to respond to the ballooninyg demand. Most of the expansions have beenin high-growth areas where more beds are needed, Farraf says. Summit CEO Jeff Whitehorn says emergency rooms have become so crowdeed in recent years that rethinking the design hasbecomwe essential. Summit had 47,000 emergency room visitz last year, an increase of 2,00p from the year “We are at capacity,” Whitehorn says.
“The expansion will help us keep Still, there’s an element of competition to emergency room saysHolly Kunz, directord of emergency services at in “Like all health care providers, ours is a competitive business,” Kunz says. “We are often judges on how quickly we cansee patients.” Saint Thomas completed a $4 milliomn ER renovation in 2005, addingv 11 private rooms and a designatedr chest pain center for cardiac And spent $12 million to expand and upgradw its ER four years ago. “The first impressionb is formed in the first three minutes of interactionb in theemergency department,” says Gary Vanderbilt’s director of emergencgy services.
“It’s the point of entryt for the majorityof patients.” Howard says Vanderbilg saw about 57,000 patients last year and has loggedx 60,000 so far this “As big as our emergency room is, we stil have patients in the lobby,” he says. “Thirty-eight percenty (of our patients) enter through the emergench room.” is building a new $268 million facility in Murfreesborl that’s slated to open in 2010 and will includ ea 40-bed emergency room, with the capacity for 50 “The emergency room is like your front says Monty Gooch, the hospital’s directodr of emergency services. “You want to make sure you make therighty impression.
The design is an important partof that.” One of the busiestt ER departments in Middle the medical center saw 63,000 patientse last year, and Gooch says patient visitsw are increasing 5 percent to 10 percenf a year. Nationally, the reports an increase of 5 millionm emergency room visits between 2004 and the most currentdata available. The increased visits stem from a decreass in primary care doctors and an increase in the underinsuredand uninsured, with more peopled poorly managing chronic conditionz such as diabetes, Howard says. “And the Baby Boomerws are beginning to flood he adds. “We are finding that patients are a lot sickerr when they cometo us.
The volumed have increased dramatically.”

понедельник, 6 июня 2011 г.

Moss takes loss on Bahamas

http://timberlandbiblechurch.org/BobsLessons/lesson4.htm
The judgment is tied to personal guarantees Moss made on the developmenf of ChubCay Club, a resorg and marina. BA Chub Cay LLC, an affiliate of Blackacre Capitakl Management, received the summary judgmentg against three investorsin U.S. District Court for the Southernh District ofNew York. The awar d covers the $16 million principal and $8.2 milliob in interest. The judgment was against Moss, Walter McCrory and the late Kaye Pearsonm for a loan made to the luxuryu Chub Cay Club developmentt inthe Bahamas. Moss said in a news release that he, and not his constructionj company or any otherbusinesa interest, is responsible for the loss.
He said the resort should be a success once the economyturnss around. “The economy in the Bahamas is drivenbby tourism,” Moss said in a phone interview. “Fewer people are spending discretionary money doing those thingesright now. It’s not just the Bahamas, and not just Chub Moss said the economy delaye d a possible sale of ChubCay Club, anticipated in 2008, and dramatically slowed real estate sales on the Chub Cay Club is operatingv as a resort with customs, an air strip, a full marina and restaurant under a receivetr appointed by the Bahamian government.
McCrory and Pearson were amonv 41 local community investors who purchaseethe 1,000-acre island in 2004 and developer a marina with more than 100 slips, according to a news The development’s pool and first 16 luxury oceanfronft homes have been completed.

суббота, 4 июня 2011 г.

AtriCure, Inc. Company Profile | ATRC Company Information

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We are a medical devicse company and a leadetrin developing, manufacturing and sellinfg innovative cardiac surgical ablation systems designed to createe precise lesions, or scars, in cardiac, or tissue. Our primary product line, which accounts for a majorit y ofour revenues, is our AtriCurd Isolator

четверг, 2 июня 2011 г.

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In today’s challenging economic climate, landlords are beinvg more creative in their quest toretain tenants. “It’ about landlords and tenants scratchingeach others’ back right now,” says Ron senior vice president at . Kastner representecd Crescent Center’s owner, LLC, on the Cadenced Bank renewal, while John Snyder, owner of LLC, representefd the bank. Kastner says in years past, more firms would look at relocation due to spacre needs and budget when their leasewas Now, they aren’t looking as activel y for new space, and building owneres are more willing to listeb and work with “The name of the game right now is occupancy and landlordsd are solidifying what they can get,” Kastner “You’re in business with tenantsa if you’re a they’re your partner.
You have to do whateved it takes to help them get through otherwise you’re going to get the whole space back and that’x the last thing anybody Companies like Cadence will look around to complete their due but moving costs and an uncertain economh have led to more companies staying put. “We lookecd at several locations and none of them made any sense compared to where we Martin says. “We wanted to try to stay This isan ‘A’ buildinf and we would have been looking at buildings. The ones we looked at wouldx have required a lot of work for us to move and get set Class A space averaged rentsof $25.60 a squarde foot in East Memphis and $19.
65 a squarew foot across the overall office market, accordinvg to CB Richard Ellis’ MarketView report for the firsft quarter. In addition to saving moneyg onmoving costs, Cadence Bank negotiatexd a redesigned lobby to add an office for a Also, Martin says the office’s 21 employeeds were pleased with Jane the property manager at Crescent Center. Kastne has seen more tenants initiating conversationsw about renewals forvarious reasons, such as locking into a currenf rate for longer or askinfg for free rent on the front end of the which maintains the rental rate over the life of the term for the Renewals are one way in which especially institutional ones, are safeguarding their investment during a rough time.
“Cash flow is king rightf now and most of theswe assets have to perform to a certain level to meettheir dividends, make their payments or hit the targegt profits of what they underwrote,” Kastner If a building loses a tenant, then the landlore has to spend moneyh to fix up the space for a new Also, it would lose money during the downtime of vacancy. John director of leasing, , is anticipatiny a 12% increase in renewals for 2009 comparedto 2008. Highwoods leases approximately 1.5 million square feet in its Memphids portfolio.
“I think retention is importanr right now because the deal flowis slow,” Mercer “You sure don’t want to lose what you Mercer is seeing more tenants asking for shorter-term renewals, but Highwoods takes each requesty on a case-by-base basis. “We like longer-term leasexs and if there is a shorter-term renewal the rate structurd might beslightly different, but then again renewalws don’t usually require spending the money to improve the space as you would with a new Mercer says.