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Mayor Jay Gillian: Working on Capital Plan, Planning 9/11 Commemoration

first_imgOcean City’s annual 9/11 ceremony will be held on Thursday, Sept. 11, at 7 p.m. in front of the Ocean City Fire Department headquarters on the 600 block of Asbury Avenue.The following is Ocean City Mayor Jay Gillian’s weekly update to citizens posted on Friday, Sept. 5. Dear Friends,I would like to update everyone on the next steps for capital planning for the city. Over the next few weeks, the city team will be finalizing a multi-year capital plan to present to City Council at a workshop in October.  As always, this workshop will be open to the public and will serve as a starting point to build upon the aggressive capital plan City Council and my administration have initiated. We have been working diligently for several years now to address the city’s capital needs in a manner that is responsible to the taxpayer.I also invite everyone to gather as a community on September 11  at 7 p.m. for the city’s annual September 11th commemoration event, “A Day to Remember.” Please join us in front of the firehouse at 550 Asbury Avenue to reflect on the tragic events of 2001.  As with past commemorations, this event is held with coordination from the city’s American Legion and VFW posts, along with the city’s police and fire departments.I would like to remind everyone to visit the New Jersey Chapter of the American Planning Association People’s Choice competition voting website and vote to support our downtown.  Voting will close on Sept. 26, 2014, and the three area winners will be announced early in October. The voting website is: http://njplanning.org/news/peoples-choice-awards/, so please take the time to vote for Downtown Ocean City!I hope everyone has a great weekend.Warm regards,Jay A. GillianMayorlast_img read more

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The River’s Hugh Jackman Wouldn’t Mind Fun Home Role

first_img Jackman already has a history with the intimate Broadway space; the first Great White Way show he ever saw, the Al Pacino-led Hughie, was in the same house. But for now, that 104% full house is flocking to the theater to witness some fly fishing. Joining Jackman in The River are Laura Donnelly and Cush Jumbo in their Broadway debuts. Related Shows The River In an interview with The New York Times, the Tony winner revealed that he would consider being a replacement in the upcoming Broadway production of Fun Home, which is set to play the Circle in the Square beginning April 4, 2015, following The River’s final performance on January 25. Jackman refers to the role of Bruce Bechdel, a closeted gay father, as “an astonishing part.” View Commentscenter_img Hugh Jackman may have just started preview performances in Jez Butterworth’s The River at the Circle in the Square Theatre, but the Tony winner already has his eyes on another role down the line. Fortunately, this new project wouldn’t even require him to change dressing rooms. Show Closed This production ended its run on Feb. 8, 2015 While casting for the Broadway production of the Lisa Kron and Jeanine Tesori musical has not been announced, Tony nominee Michael Cerveris played Bruce to critical acclaim in the Public Theater production in 2013. The Sam Gold-helmed production also starred Judy Kuhn and Sydney Lucas.last_img read more

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Governor Douglas will host White House Forum on Health Reform

first_imgAt the request of President Barack Obama, Governor Jim Douglas will host one of five regional forums on health reform at the University of Vermont s Davis Center on Tuesday, March 17.  Governor Douglas will be joined by Governor Deval Partrick (D-MA), officials from the Obama Administration and other guests to discuss health care reform. This is a great opportunity for Vermont to showcase our groundbreaking efforts on health care reform to our region and the nation, Governor Douglas said.  By focusing on prevention to lower cost and increasing access to health care for more residents, Vermont continues to lead the nation on this important issue, he continued.The regional forum on health reforms is part of a nationwide effort by President Obama to bring the health care discussion to all areas of the country. Lowering the cost of health care for all Vermonters, indeed all Americans, is a goal I share with our partners in Washington and my fellow Governors throughout the country, the Governor said. Source: Office of the Governorlast_img read more

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Mountain Mama: A Paddler’s Journey

first_imgBooks fall into one of two categories for me. When my three-year old falls asleep sprawled across my lap on a cross-country flight most books remain tucked in my carry-on that’s stowed under the seat. Only certain books beckon to be read in such a way that I risk waking up my little guy to retrieve them and then proceed to plow through  cover-to-cover before the plane lands. On a recent flight from North Carolina to California, Bryant Burkhardt’s memoir, A Paddler’s Journey: Adventures on the water and wisdom gained along the way, proved to be one of those risk-wake-sleeping-toddler-one-hour-into-flight reads.Bryant Burkhardt is a badass kayaker by all accounts –- he’s instructed instructors how to teach paddling, he was a member on the Olympic polo team, he’s an accomplished expedition-style sea kayaker, and he’s paddled the whitewater gnar. To get there, he’s sacrificed a mainstream career path. He takes readers on a sometimes humorous, sometimes white-knuckling ride down rivers and through ocean waves. He makes his tales accessible to non-paddlers, while still making sure that diehard kayakers aren’t eddied out by long explanations or definitions.Screen Shot 2015-09-14 at 9.57.30 AMWhile I found Bryant’s kayaking anecdotes amusing, my favorite aspect of his writing is the way he squares up to uncomfortable questions even when he doesn’t have the answers, like the emptiness he felt with the opportunity to embrace the paddler’s dream of fun-employment and spend his days paddling.  Bryant’s willingness to talk about his loneliness coming home to an empty house and having nobody to share his adventures takes a rare type of courage too rarely displayed by adrenalin sport seekers – vulnerability. At the same time, he grapples with his need to push himself and experience the ups and downs of living a full life. He ends with the most insightful and true realization. “Kayaking is part of who I am.”Screen Shot 2015-09-14 at 9.57.02 AMBryant signed a copy of his book for me. He wrote, “One of these days we’ll have to get on a river together.” Indeed, I hope we will.  If it goes like most paddling encounters, it’ll be when we least expect it, at the take-out or while scouting one of us will call out to the other and we’ll hug and have a good laugh, as if we’re old friends. Although we’ve never met, we have so much in common, the deep and abiding love for kayaking.For paddlers looking for a good read or those intrigued about the sport, A Paddler’s Journey: Adventures on the water and wisdom gained along the way, is available at Bryant’s website, http://www.bryantburkhardtkayaking.com.last_img read more

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Paraguayan Armed Forces Help the Homeless with Operation Winter

first_imgWhile at the barracks, the Military provides the homeless with hygiene services, haircuts and food, while the sick are sent to government medical centers. Four service members stationed at the shelter have been trained in first aid, sanitation and human rights. Paraguay’s Armed Forces, with the help of government and civil society agencies, are providing 110 homeless persons of all ages with free shelter during the year’s coldest months in the capital of Asunción as part of Operation Winter. By Dialogo July 17, 2015 Come to Mercedes, province of Buenos AIres, where we’re all flooded, it’s incredible no one is concerned about us. Finally they’ve got the mentality to do good that is so needed. Also have the chance to train those people who need it so much or just able to work One homeless man wrapped himself in a blanket as he settled into a bunk bed near a space heater. As it began to drizzle and the temperature plummeted outside, the man tried to forget the hard day he spent begging on Asunción’s streets. During the year’s first Operation Winter on June 18, 27 homeless persons – 19 men, five women and three girls – stayed at the First Infantry Division’s barracks, said Aldo Zaldívar, with the National Emergency Department, which is also involved in the initiative. Service members are also preparing to accommodate an influx of people who could be left homeless by the possible flooding of the Paraguay River caused by intense rainfall during recent months. The Military provides basic assistance for riverside residents trying to erect improvised housing on barrack grounds. “The operation is activated when the temperature falls below 10ºC,” said Brigadier General Raimundo Ramón Reyes, commanding officer of the First Infantry Division. Its barracks, one of the Military’s locations that provide shelter, are on the outskirts of Asunción, close to the Paraguay River. “For breakfast they had cocido con galleta, as well as an alternative menu of hot soup to recover their strength,” Brigadier General Ramón Reyes said, stressing the base’s doors will always be open to citizens in need. Residents can anonymously report minors living on the streets by calling toll free 147 and disclose their location. “People also arrive on their own or are brought by 911 National Police patrols.” The other 83 homeless participating in Operation Winter spent the night in Asunción’s main plazas downtown, where service members distributed weatherized tents that include mattresses, blankets and food. “Although we are prohibited from housing children and adults together at the shelter in question, the three girls were allowed in the shelter because they were the daughters of a woman rescued from the intense cold,” Zaldívar told the daily ABC Color on June 19. “However, generally they are referred to the Department of Children and Adolescents. But since they were with their mother, we allowed them to remain in her care.” “We respect their lifestyle; we do not judge them for being homeless,” said Brigadier General Ramón Reyes. “When they arrive, the first step is to give them a general medical check-up to detect whether they are suffering any sort of ailment and offer them medical treatment and medication. The next step is to allow them to get cleaned up.” last_img read more

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Florida Bar members among those in the WTC

first_img October 1, 2001 Assistant Editor Regular News Florida Bar members among those in the WTC Florida Bar members among those in the WTC Amy K. Brown Assistant EditorThe September 11 attacks on the World Trade Center and the Pentagon have left the world reeling in shock, anger, sorrow, helplessness, and hostility. At the time this Bar News went to press, the fate of the thousands of people in those buildings at the time of the attack was unclear.Also unclear at press time was the fate of 17 of the 18 Florida Bar members who listed their addresses as the World Trade Center, and the six Florida lawyers whose addresses were listed in the Pentagon.“What we went through. . . was horrific,” said Joseph Mendola, a Florida Bar member who worked in the World Trade Center. “The sights and sounds will never leave me.”Despite a distance of hundreds of miles, the attacks will undoubtedly have a lasting impact on Florida lawyers, said Bar President Terry Russell.“As guardians of the rule of law, one thing this brings home to me is the need for us to reaffirm our institutions. Our governmental institution and our legal institution.” Russell said. “It’s time for people to pull together and recognize these institutions have always been our strength. While they are not perfect, they’re the difference between us and the people who perpetrated this crime.”“Though the inclination to anger is very strong, and we understand that it’s wrong to lash out without any rational basis for it, we have to remember that we are sworn to uphold the rule of law,” he added. “We have to be careful that our legal system stays strong and independent through this crisis. We need to guard against any unnecessary intrusion onto our civil liberties.”American Bar Association President Robert Hirshon released a message to all ABA members echoing those same sentiments, saying the lawyers and others involved “paid the highest of prices for living in a free and democratic society.”A statement released by Association of Trial Lawyers of America President Leo V. Boyle calls for a “moratorium in this time of national crisis on civil lawsuits that may arise from tragedy” – the first such request in ATLA’s 55-year history. The organization has made an initial pledge of $50,000 to establish a scholarship fund for the children of killed or injured emergency workers in New York, and as of press time had received financial commitments from state trial lawyer organizations in Texas, New York, North Carolina, Mississippi, and Minnesota.The Academy of Florida Trial Lawyers has also made a commitment to raise $25,000 for the scholarship fund, according to a message from the organization’s president, Mark W. Clark.The New York Law Journal reports that more than 14,000 New York lawyers have been displaced as a result of the disaster, but the New York judiciary is working hard to maintain stability in the system.The New York State Bar Association has established a toll-free phone number (1-877-HELP-321) for victims to call for assistance with law-related questions. The NYSBA, via the toll-free number, will serve as a clearinghouse to receive calls from displaced lawyers in need of office space or equipment, and then to match them with local lawyers willing to offer such assistance. In addition, any client whose lawyer had offices in the World Trade Center and surrounding area may contact the number for information concerning their attorney.J.R. Phelps, director of The Florida Bar’s Law Office Management Assistance Service, said he has been communicating with the New York City Bar and the New York State Bar Association, after the organizations requested information about how Florida lawyers came together to assist firms that needed to start over in the aftermath of Hurricane Andrew.“I don’t know of any disaster plan that provides guidance for a situation where perhaps all of the employees and facilities of a law firm instantly evaporate,” said Phelps. “Should that be the case for any firm in the World Trade Center complex, a new chapter in disaster recovery will certainly have to be written by the bar and judicial leadership of New York.”He noted that while Florida’s experience fortunately didn’t include the total annihilation of life and property, the disaster recovery efforts “provide some historical guidance for firms in the World Trade Center impact zone.”Courts in Manhattan, some of which lie mere blocks from where the twin towers once stood, remained closed as this News went to press. But the state is pulling together to keep the judicial system intact, said Mike Stafford, a New York attorney and former member of The Florida Bar Board of Governors. He said the New York Legislature, in an emergency session the week of the tragedy, put a temporary suspension on all statutes of limitations.“They’re responding to help the legal system cope with this,” Stafford said.And other law firms in New York are also lending a hand.“I have heard that a couple of the big firms in the city, and other smaller firms, have reached out to them [firms who have been displaced] and offered space,” he said. “Our firm and many others have done whatever we can to aid the relief effort.”Stafford’s Uniondale, New York, firm, Rivkin Radler, has banded together to donate more than $10,000 to the American Red Cross relief effort. And this is just one example of the outpouring of support.“Other firms are doing the same thing,” he said. “It’s a massive effort to help out wherever you can.”Florida’s aid efforts will extend well beyond guidance, if that’s what is needed, Russell said.“The Florida Bar will do anything and everything it can to ease the burden of anybody involved in the bar or the legal system,” he added.Stafford said he, much like many New York attorneys, has received numerous e-mails and phone calls from Florida attorneys expressing concern and a desire to help.“The expressions of concern and e-mails I got from former colleagues were very, very welcome,” he said. “It’s classic Florida Bar concern and I was very grateful for that.”Mendola, general counsel for Nikko Securities Co. International, Inc., agreed and in an e-mail to Russell thanked Bar members for their prayers and good wishes. Mendola also was happy to report that in addition to himself, all of his colleagues at Nikko Securities escaped, then added, “Our hearts may be broken, but our spirit remains strong.”For information about how to donate to the ATLA scholarship fund, contact AFTL at (850) 224-9403. To find out how to get involved with the ABA’s relief efforts, visit www.abanet.org. The NYSBA has added information to their website for lawyers affected by the tragedy ( www.nysba.org/wtc ).last_img read more

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Expense reduction leads to silver-lining results

first_img 17SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Kelly Flynn Kelly has over 15 years of sales and management experience helping financial institutions of all sizes. She leads a team whose charter is to optimize the value of every contract … Web: www.JMFA.com Details By all accounts, the impact of the coronavirus has created more of a shift in business operations, economic certainty and consumer behavior than any other challenges faced by the credit union industry since the turn of the century. Since the beginning of the pandemic, earnings have taken a hit, interest rates have remained low and non-interest income is on the decline. On the other side of the coin, expenses have increased—due in part to the additional costs required to allow employees to work effectively from home and to maintain the proper PPE, cleaning supplies and social distancing materials to keep staff and members safe in facilities that have remained open. And while the outlook for how long an economic recovery will take remains uncertain, you can make a positive impact on your credit union’s immediate and long-term performance by trimming the costs of the services you use every day.Proactive contract review can net significant savings Even during normal circumstances, negotiating service contracts can be time-consuming and intimidating if you don’t have expertise in that area. Now, given the increased demands on your time and added concerns about how to safely provide the services your members desperately need, it can be easy to let contracts auto-renew, thinking that next time one comes due you will have more of an opportunity to deal with it appropriately. But by accepting a vendor’s initial renewal offering, without reviewing the contents and fine print, you could be missing out on substantial savings and improved contract terms. What’s more, possible signing incentives could provide the extra funds you need to help offset the added expenses caused by the pandemic and fund initiatives that will improve your service delivery for years to come.What you should know about your current vendor contract detailsWhile you may have become comfortable with the services or products you have purchased to maintain your operations and service delivery, how certain are you about whether they offer the most value for your credit union? Have you ever wondered how they compare to other providers in the marketplace? A professional review of your service contracts can uncover the smallest details in the vendor agreements and provide you with critical information on things such as:Are you getting the best rates available?Are there additional savings opportunities beyond the vendor’s standard pricing package?Are you paying for services you don’t use or need, or unknowingly duplicating services?How much could you be saving by bundling services?Are your vendors innovating their products to provide consistent service in the future?Do your providers have your institution’s best interests at heart?How much could you save or improve your agreement terms by negotiating the contract instead of simply accepting a vendor’s initial offer?Expert advice adds insight and leverage to your contract negotiationsGoing through your current contracts line item by line item to determine areas where you can negotiate better terms can be overwhelming. And if you aren’t familiar with all of the options that are available, how do you even know what to ask for or how to state your case for renegotiating contract costs or terms?When you partner with a contract negotiations expert, you gain the advantage of having someone on your side who has specialized experience and knowledge about what other institutions are paying for specific services, what types of signing bonuses are currently being offered on contract agreements, as well as which providers will likely meet your specific needs and service expectations—both now and in the future. Just make sure you chose a contract professional who knows what to ask for on your behalf and who has a track record of negotiating five, six and even seven-figure savings for the types of contracts that are being reviewed. This will allow you to take advantage of effective negotiations skills that can significantly reduce your costs without adding to your workload or taking you out of your comfort zone.Now is a great time to renegotiateIf you have contracts that will expire in the next 18-24 months, now is the time to begin the review process. And while it may seem like trying to negotiate contract terms during a pandemic might not be successful, the truth is vendors are especially focused on maintaining business relationships right now. So, it’s really a great time to let your vendors prove their commitment to keeping you as a satisfied customer. If you’re not quite convinced, learn how Greenwood Credit Union was able to uncover its silver lining with significant savings from essential service contracts—that will benefit current and future improvements—as the pandemic impacted business operations across the country.last_img read more

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PREMIUMNorwegian company to build $70m solar plant in touristy Labuhan Bajo

first_imgOslo-based multinational Scatec Solar plans to build a 70 megawatt (MW) solar photovoltaic (PV) plant in Labuan Bajo, a famous tourist destination in East Nusa Tenggara (NTT).The $70 million plants are five times bigger than Indonesia’s current largest solar PV plant, the 15MW Likupang solar farm in North Sulawesi. A developer plans to begin developing the 100 hectare Labuan Bajo farm later this year and starts its operation by 2022, a year before the province is slated to host a G20 summit.”In Asia, our biggest operating country is Malaysia. Next in development is Vietnam and Indonesia,” Scatec’s Southeast Asia representative Jeevaneswaran “Jeevan” Ramoo told The Jakarta Post on Monday (9/3).Scatec is among several renewable companies investing in the renewable energy industry of Southeast Asia’s largest economy that attracted $1.5 billi… Indonesia energy solar-power-plant Scatec labuan-bajo East-Nusa-Tenggara PLN tourists Topics : Linkedin Facebook Google Forgot Password ? Log in with your social account LOG INDon’t have an account? Register herelast_img read more

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Brisbane’s luxury and penthouse apartment market is on the cusp of taking off

first_imgThe newly reconfigured Macquarie St, St Lucia buildingWhile penthouse sales were on the up, Mr Caulfield said it might be some time before Brisbane’s record Newstead sale of $14.25 million was broken. “I don’t know if a developer will go and build something of that size again,” he said.There have been some substantial sales though, including the $8 million sale last year of a Brisbane inner-city penthouse to former prime minister Kevin Rudd and wife Therese Rein.Mr Caulfield has launched a penthouse development at 100 Macquarie St, St Lucia, in which an existing building has been reconfigured to one-per-floor penthouses. 450/1 Newstead Terrace, Newstead will be auctioned on March 15.“The momentum has started. The penthouse market, where it is a house alternative, where a penthouse is the size of a house but everything else is taken care of, is really starting to be more attractive to a lot of people.’’Mr Greensill said it now competed with the big house market. But not all penthouses were equal. Prices varied depending on amenity, while desirability was also determined by the building size.In the case of penthouses, bigger buildings were not necessarily better.“A penthouse on level 85 is not as desirable as one on level 5,’’ Mr Greensill said.Buyers wanted exclusivity and a smaller number of residents.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours ago One of the living areas in 450/1 Newstead Terrace, NewsteadHe is marketing a couple of significant Brisbane penthouses at the moment including 450/1 Newstead Terrace, Newstead, which he is marketing in conjunction with Matt Lancashire of Ray White, New Farm.The four-bedroom penthouse, which will be auctioned on March 15, is in the waterfront Pier building. It has views across the river spanning from Hamilton Hill across Bulimba and Hawthorne. There is an internal lift which goes direct to the apartment, a separate butler’s pantry with fully climate-controlled wine cellar and multiple living areas with a remote controlled fireplace.Simon Caulfield, of Place New Farm, said penthouse sales in Brisbane had lifted in the past couple of years. Inside the newly reconfigured penthouse at 13-100 Macquarie St, St Lucia“If you look at the physical number of penthouses last year that my team sold, we transacted 11. I think in the four years before that we would have been lucky to do 11 in those four years.“That tells me two things. One, there is more availability of penthouses in the market and, secondly as well, people are now realising that being within a housing environment in the CBD is great. A lot of people are valuing that prestigious location, closer to the river, better views and low maintenance that you don’t get typically in a house.’’ The penthouse at450/1 Newstead Terrace, Newstead goes to auction on March 15BRISBANE’S luxury and penthouse apartment market is on the cusp of taking off.With penthouses now achieving between $14,000/sq m and $16,000/sq m, LJ Hooker New Farm principal Brett Greensill said momentum had started to build at the high end. An “ordinary apartment’’ sold for between $10,000/sq m and $14,000/sq m.Mr Greensill said while the market often talked about an oversupply of units, that was usually investor stock, not the owner-occupier side of the market.“The next wave (of demand and development) is on more luxurious up-market apartments,’’ he said.last_img read more

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IBM scheme in Netherlands reports 3% loss over 2013

first_imgThe Dutch pension fund of IT giant IBM has reported a 3% loss over 2013, despite a positive return on its investments of 0.3%.In its annual report, the scheme attributed the performance to the effect of rising interest rates on its interest swaps and swaptions, which it uses to hedge the interest risk on its liabilities.However, it said the positive effect of the adjusted discount rate on its nominal funding largely offset the impact of rising rates.Its coverage ratio fell by 1.2 percentage points to 121.9% at year-end but is still 97.4% in real terms. The pension fund’s financial position enabled the scheme – also known as SPIN – to grant participants in its defined benefit plans an indexation of 1.73% and 2.13%. Following the new discount rate – the three-month average of interest rates plus the ultimate forward rate – it reduced its interest hedge from 100% to 90%. SPIN manages pension assets of €3.9bn, largely in defined benefit arrangements, with €300m in a defined contribution plan, and has 14,165 participants in total. Its assets have been invested in a 70% fixed income portfolio and a 30% securities portfolio.The scheme said last year’s rate increase caused a 2.6% loss for participants in the last of the five age groups in its defined contribution plan due to the large proportion of fixed income in their investment mix.“However,” the SPIN board added, “the increased interest rates also had the benefit that retiring participants could purchase a better pension from insurers with their accrued assets.”The youngest age group in SPIN’s defined contribution scheme – with 90% equity allocation – saw its investments return nearly 19%.The IBM scheme, which did not disclose specific investment results, also confirmed that it replaced French government bonds with Dutch ones last year.SPIN said it planned to review its investment mix due to low interest rates and the effects of rising rates and inflation on indexation.It added that it also wanted to assess the investment portfolio for its DC plan extensively.SPIN will also examine whether the pension fund’s structure needs to be adjusted for a “proper implementation” of the DB and DC scheme, and said it would look in particular at costs, governance and risk management.The scheme reported administration costs of €588 per participant and said it spent 0.46% of its assets on asset management last year.last_img read more

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