Central Florida News 13 | UCF sophomore forward Dave Diakite has knee surgery Orlando Sentinel The Miners are tied for first in the Conference USA standings, while the Knights are in last place. Junior point guard AJ Rompza continues to be hobbled by ... UAB's win over UCF makes it six consecutive C-USA losses Recap: U-C-F vs. U-A-B Record Number of Fans Watch Basketb » |
Monday, January 31, 2011
UCF sophomore forward Dave Diakite has knee surgery - Orlando Sentinel
cowboyandrew-familiarity.blogspot.com
Saturday, January 29, 2011
Fed's Beige Book: Midwest contraction
zlatkopaisley1275.blogspot.com
Whereas some industries experienced substantial dropse in activity during the pastsix weeks, modes t increases in other sectors led the Fed to characterize the Nintj District’s contraction as moderating. The Ninth Federall District includes Minnesota, Montana, North Dakota, South Dakota, the Upper Peninsula of Michiganh andnorthwestern Wisconsin. Consumer spending and tourism werestillo weak, but had “improverd somewhat from the previous few according to the Fed. The servicee sector continued to experiencedecreased revenue, employmenr and profits compared to a year ago, and further profitr contraction is likely.
The Fed characterized the commercial real estater sectoras “anemic,” adding that residentiapl construction continued at steadily low levels. The residentiakl real estate market did see more activity than in the previouszreporting period. Manufacturing continued its slide, as did energ y and mining. However, some wind energy projectse continue tomove forward, and gold mined are at “near capacity production.” Labor markets continuedr to struggle. Job cuts in many of them in the healtu careand medical-device fields, were citedf by the Fed in its assessment of labor conditions.
Wage increases were modest, and firmds surveyed by the Fed expect toincreasee employees’ wages by 1.8 percent over the next year. Price however, were “subdued,” with the rising cost of gas anotabld exception, the Fed reported. The Fed’s next Beigd Book report is dueJuly 29.
Whereas some industries experienced substantial dropse in activity during the pastsix weeks, modes t increases in other sectors led the Fed to characterize the Nintj District’s contraction as moderating. The Ninth Federall District includes Minnesota, Montana, North Dakota, South Dakota, the Upper Peninsula of Michiganh andnorthwestern Wisconsin. Consumer spending and tourism werestillo weak, but had “improverd somewhat from the previous few according to the Fed. The servicee sector continued to experiencedecreased revenue, employmenr and profits compared to a year ago, and further profitr contraction is likely.
The Fed characterized the commercial real estater sectoras “anemic,” adding that residentiapl construction continued at steadily low levels. The residentiakl real estate market did see more activity than in the previouszreporting period. Manufacturing continued its slide, as did energ y and mining. However, some wind energy projectse continue tomove forward, and gold mined are at “near capacity production.” Labor markets continuedr to struggle. Job cuts in many of them in the healtu careand medical-device fields, were citedf by the Fed in its assessment of labor conditions.
Wage increases were modest, and firmds surveyed by the Fed expect toincreasee employees’ wages by 1.8 percent over the next year. Price however, were “subdued,” with the rising cost of gas anotabld exception, the Fed reported. The Fed’s next Beigd Book report is dueJuly 29.
Wednesday, January 26, 2011
Monday, January 24, 2011
Friday, January 21, 2011
Sundance sees sinister start with 'The Guard' and 'Silent House' - Entertainment Weekly
http://pigeonforgelogcabinrentals.com/homepage/offseasonrates.html
Sundance sees sinister start with 'The Guard' and 'Silent House' Entertainment Weekly Dirty deeds, done dirt cheap. The old AC/DC lyrics apply to some of the early films kicking off this year's Sundance Film Festival. ... |
Tuesday, January 18, 2011
Study: CFOs foresee more job cuts, credit woes - The Business Journal of Milwaukee:
http://www.internetdj.com/user/Tamarochka
The quarterly Duke University/CFO Magazine Global Business Outlook Surveyasked 1,309 CFOs worldwide about theird expectations for the economy. Their answer paint a gloomy picture for the rest ofthe year. * CFOs in the U.S. and Europr expected employment to shrinkby 5.5 with the unemployment rate in the U.S. seen risingt to perhaps as high as 12 percent in the next 12 Employment in Asia is expected to recedeby 1.2 percent.
“Presumably, governmenft programs will offset some of these losses, but even the most optimisticc government forecasts would reduce the losses by only 2 said Campbell Harvey, founding director of the survey and internationaol business professor at Duke’s Fuqua School of “We’re facing the possibility of another 4 million lost * U.S. and European CFOs foreses capital spending plunging by more than10 percent. In CFOs anticipate a 3 percent * Six in 10 U.S. companies coveres by the survey reported having trouble findingb credit or acquiring credit at areasonabls rate.
Among those firms encounteringcreditt impediments, 42 percent say the credit markets have gotten worsr this year, while 23 percent say conditionds have improved. * Weak consumer demand and the creditf markets ranked as the top two externak concernsamong U.S. chief financial officers, with the federao government’s policies coming in third. Amongb internal concerns, CFOs are losing the most sleep over thei r inability to plan due to economic managingtheir companies’ capital and liquidity, and maintainint employee morale.
Despite all the negatived indicators, a majority of the CFOs in the Unitedr States and Asia reported beint more optimistic this quarter than they were thepreviousx quarter. That was not the case in Europe, wherw only 30 percent of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important message: Don’tt put too much weight on the ‘soft’ data like consumer confidence. Recovery requires sustained confidence, and such confidence is forges by strongereconomic fundamentals,” Harvey said.
“The economic fundamentalxs –- employment, capital the cost of credit – are still fundamentally To see the complete survey go to the officialWeb . On Tuesday, the Robert Half International Financial Hiring Index indicated little change in financial hirin in theMilwaukee area. That survey founcd that 3 percent of metro Milwaukee chief financiao officers expected to add accounting and finance stafr during the third quarter of while 4 percent saw jobs cuts on the The majority ofCFOs -- 93 percent -- saw no change in hiring.
The quarterly Duke University/CFO Magazine Global Business Outlook Surveyasked 1,309 CFOs worldwide about theird expectations for the economy. Their answer paint a gloomy picture for the rest ofthe year. * CFOs in the U.S. and Europr expected employment to shrinkby 5.5 with the unemployment rate in the U.S. seen risingt to perhaps as high as 12 percent in the next 12 Employment in Asia is expected to recedeby 1.2 percent.
“Presumably, governmenft programs will offset some of these losses, but even the most optimisticc government forecasts would reduce the losses by only 2 said Campbell Harvey, founding director of the survey and internationaol business professor at Duke’s Fuqua School of “We’re facing the possibility of another 4 million lost * U.S. and European CFOs foreses capital spending plunging by more than10 percent. In CFOs anticipate a 3 percent * Six in 10 U.S. companies coveres by the survey reported having trouble findingb credit or acquiring credit at areasonabls rate.
Among those firms encounteringcreditt impediments, 42 percent say the credit markets have gotten worsr this year, while 23 percent say conditionds have improved. * Weak consumer demand and the creditf markets ranked as the top two externak concernsamong U.S. chief financial officers, with the federao government’s policies coming in third. Amongb internal concerns, CFOs are losing the most sleep over thei r inability to plan due to economic managingtheir companies’ capital and liquidity, and maintainint employee morale.
Despite all the negatived indicators, a majority of the CFOs in the Unitedr States and Asia reported beint more optimistic this quarter than they were thepreviousx quarter. That was not the case in Europe, wherw only 30 percent of the CFOs said they were more compared to the 31 percent who said they wereless “Our survey carries an important message: Don’tt put too much weight on the ‘soft’ data like consumer confidence. Recovery requires sustained confidence, and such confidence is forges by strongereconomic fundamentals,” Harvey said.
“The economic fundamentalxs –- employment, capital the cost of credit – are still fundamentally To see the complete survey go to the officialWeb . On Tuesday, the Robert Half International Financial Hiring Index indicated little change in financial hirin in theMilwaukee area. That survey founcd that 3 percent of metro Milwaukee chief financiao officers expected to add accounting and finance stafr during the third quarter of while 4 percent saw jobs cuts on the The majority ofCFOs -- 93 percent -- saw no change in hiring.
Sunday, January 16, 2011
Rafael Soriano was a good signing by the Yankees, says Tampa Bay Rays ... - New York Daily News
http://empiremortgage.net/home/purchases/glossary.htm
Globe and Mail | Rafael Soriano was a good signing by the Yankees, says Tampa Bay Rays ... New York Daily News He didn't make a good first impression. "He came in and told us what he wanted to do to get ready for the season and how he wanted to be used during it," ... Reports: Steinbrenners overruled Yankees GM Brian Cashman to sign Rafael Soriano |
Thursday, January 13, 2011
Eric Jacobson Executive Profile
http://49cat.com/?p=942
Before joining Syntw in April 2005, Dr. Jacobsom was Senior Director, Clinical Research at Millennium Whileat Millennium, Dr. Jacobson participated in creating development strategies forvarious small-molecule and biotherapeuti c compounds targeting rheumatoid arthritis, multiple sclerosis, chronic hepatitis C, and HIV. Priotr to his position at Millennium, Dr. Jacobso served as U.S. Medical Director, New Clinical Therapies, at Seronio Laboratories, where he directed a clinica research team supporting multinational registratioj of new products and expanded indicationsw ofexisting products. Previously, Dr.
Jacobson spent almosrt 10 years as an academic rheumatologistr at the University of Massachusetts Medical Centerin Worcester, Massachusetts. Dr. Jacobson was selected for
Before joining Syntw in April 2005, Dr. Jacobsom was Senior Director, Clinical Research at Millennium Whileat Millennium, Dr. Jacobson participated in creating development strategies forvarious small-molecule and biotherapeuti c compounds targeting rheumatoid arthritis, multiple sclerosis, chronic hepatitis C, and HIV. Priotr to his position at Millennium, Dr. Jacobso served as U.S. Medical Director, New Clinical Therapies, at Seronio Laboratories, where he directed a clinica research team supporting multinational registratioj of new products and expanded indicationsw ofexisting products. Previously, Dr.
Jacobson spent almosrt 10 years as an academic rheumatologistr at the University of Massachusetts Medical Centerin Worcester, Massachusetts. Dr. Jacobson was selected for
Tuesday, January 11, 2011
Madoff gets 150 years in prison - Charlotte Business Journal:
titus-neither.blogspot.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff'xs scheme. The mastermind behind the biggest Ponzii schemein U.S. history was sentenced on Monday morning in federak court in Manhattan to 150 years behind the maximum requested byfederaol prosecutors. Madoff's attorney had asked for a far more lenienf sentence of12 years. In sentencing Madoff, U.S. District Judgre Denny Chin called thefraudf “staggering” and said that the “breacbh of trust was The judge described his acts as “extraordinarily evil.
” “Np other white-collar case is comparable in termas of the scope, duration and enormity of the frausd and the degree of the betrayal,” Chin said. Madofvf confessed in March to 11 countdsincluding fraud, money laundering theft and perjury, amonbg other things. His victims reportedly number morethan 1,30 and stretch across the globe. Their lossesw are estimated at morethan $13 Prior to sentencing, Chin heard from nine of the victim s who talked about the devastation Madoff’as fraud had caused to their lives and theirt families. Many of Madoff’s wealthy clients lived in South Florida and lost their life saving tohis scheme.
Fox, 86, said she is stilo furious that the and the federalgovernmenrt didn’t expose Madoff’s fraud earlier. “The SEC is just as guilt y as Madoff and theyfailed us. Nobody seems to do anythingg about it,” Fox said. She also took issue with the larger fees being paid to people such asIrvinv H. Picard, the trustee who is handlinb the liquidation ofBernard L. Madofc Investment Securities. “The trustee Picard is makinbg hisown rules. They’re paying these guys milliond of dollars. It would be better to pay the investord directly,” Fox said.
Fox, a widow who once workec as secretary inNew York, said she invester $50,000 in 1987 because she was relatef to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneyu back from Social Securitypayments she’d made over the years on “phantom” income from Madofft accounts. However, she is worried that her disbursements may eventually be targeted in clawback effortz by the trustee in bankruptcy proceedingsz who has begun sending out letters demandingy the return of profits derived from their Guy Fronstin a Boca Raton attorney who has advised Fox, said the government has “been good abouft refunding taxes quickly” but there are delayes in processing claims to the Securities Investotr Protection Corporation.
“Some of the people I know are too busy with thesed other issues to really care that much about whathappenedr today. They believed he woulxd spend the rest of his days in Fronstin said. Jan Atlas, an attorneyy with Adorno Yoss, said he believes the court had littlre choice but to levy the maximum sentencwon Madoff. “I don’t think the victims should have been victimizedr again by having him be able to leavew prisonone day,” said Atlas, whose firm continues to advis e clients about tax returns and possibly future claims againsyt investment advisors who invested with Madoff.
“I’n wondering if the trustee will be able to locatw more than the billion plusthat he’a located, and what is the real loss,” Atlas In addition to his prison term, Madoff was orderedc to forfeit nearly $170 which represents the proceeds of, and propertyt involved in certain of his according to a news release from the U.S. Department of Justice. “While today’s sentencew is an important milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southern Districtf ofNew York, said in a news release. “Wew are focused on tracing, restraining and liquidatinf assets to maximize recoveries forthe victims.
”
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff'xs scheme. The mastermind behind the biggest Ponzii schemein U.S. history was sentenced on Monday morning in federak court in Manhattan to 150 years behind the maximum requested byfederaol prosecutors. Madoff's attorney had asked for a far more lenienf sentence of12 years. In sentencing Madoff, U.S. District Judgre Denny Chin called thefraudf “staggering” and said that the “breacbh of trust was The judge described his acts as “extraordinarily evil.
” “Np other white-collar case is comparable in termas of the scope, duration and enormity of the frausd and the degree of the betrayal,” Chin said. Madofvf confessed in March to 11 countdsincluding fraud, money laundering theft and perjury, amonbg other things. His victims reportedly number morethan 1,30 and stretch across the globe. Their lossesw are estimated at morethan $13 Prior to sentencing, Chin heard from nine of the victim s who talked about the devastation Madoff’as fraud had caused to their lives and theirt families. Many of Madoff’s wealthy clients lived in South Florida and lost their life saving tohis scheme.
Fox, 86, said she is stilo furious that the and the federalgovernmenrt didn’t expose Madoff’s fraud earlier. “The SEC is just as guilt y as Madoff and theyfailed us. Nobody seems to do anythingg about it,” Fox said. She also took issue with the larger fees being paid to people such asIrvinv H. Picard, the trustee who is handlinb the liquidation ofBernard L. Madofc Investment Securities. “The trustee Picard is makinbg hisown rules. They’re paying these guys milliond of dollars. It would be better to pay the investord directly,” Fox said.
Fox, a widow who once workec as secretary inNew York, said she invester $50,000 in 1987 because she was relatef to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneyu back from Social Securitypayments she’d made over the years on “phantom” income from Madofft accounts. However, she is worried that her disbursements may eventually be targeted in clawback effortz by the trustee in bankruptcy proceedingsz who has begun sending out letters demandingy the return of profits derived from their Guy Fronstin a Boca Raton attorney who has advised Fox, said the government has “been good abouft refunding taxes quickly” but there are delayes in processing claims to the Securities Investotr Protection Corporation.
“Some of the people I know are too busy with thesed other issues to really care that much about whathappenedr today. They believed he woulxd spend the rest of his days in Fronstin said. Jan Atlas, an attorneyy with Adorno Yoss, said he believes the court had littlre choice but to levy the maximum sentencwon Madoff. “I don’t think the victims should have been victimizedr again by having him be able to leavew prisonone day,” said Atlas, whose firm continues to advis e clients about tax returns and possibly future claims againsyt investment advisors who invested with Madoff.
“I’n wondering if the trustee will be able to locatw more than the billion plusthat he’a located, and what is the real loss,” Atlas In addition to his prison term, Madoff was orderedc to forfeit nearly $170 which represents the proceeds of, and propertyt involved in certain of his according to a news release from the U.S. Department of Justice. “While today’s sentencew is an important milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southern Districtf ofNew York, said in a news release. “Wew are focused on tracing, restraining and liquidatinf assets to maximize recoveries forthe victims.
”
Saturday, January 8, 2011
Bay National to issue up to $12M in stock - San Francisco Business Times:
Mike
Since February, the bank has been operating under a consent agreementg with federal regulators that requires it to boost its reserves as part of a turnaroundd plan that also includes resolving problekm real estate loans onits books. Bay (NASDAQ: BAYN) which regulators consider “adequately has posted six consecutivequarterly losses. The bank has strugglef over the past 18 months asa once-promisingg initiative to write mortgages for customers interested in buyin and rehabbing residential properties in hot Baltimorde neighborhoods like Federal Hill and Canton tanked in a tumbling real estate Some customers had a hard time repayinvg their loans as the value of theirr properties dropped, and the bank has been busy trying to reworik those loans.
“We had some very difficult but we feel the worst of that isbehinfd us,” Hugh W. Mohler, Bay National’s CEO, told shareholdera Tuesday. “Our future is bright,” Mohler “We need to raised some capital and take itfrom there.” The bank has hiredr LLC of Vienna, Va. to advisse it on the private placemenft ofthe shares, which will be offered at $2 each. The thinlty traded shares have been as low as 52 centxs and as highas $9.25 over the past 52 weeks. In thei r last trade, which was on Friday, the share sold for $1.21. Earlier this month, Bay National announced it lost $884,000, or 41 cents a for the first quarter of the an improvement fromthe $1.
49 or 69 cents a it lost in the firstt three months of 2008. Shareholders on Tuesday also approvee boostingthe company’s number of shares outstanding to 20 millionb from the current 9 million and reelecte d all five directors who were up for 3-yeaer terms including Mohler, R. Michael Gill, Donalcd G. McClure Jr., Robert L. Moore and H. Victot Rieger Jr. Shareholders also ratifiefd the appointment ofStegman & Co. as the company’ss auditors.
Since February, the bank has been operating under a consent agreementg with federal regulators that requires it to boost its reserves as part of a turnaroundd plan that also includes resolving problekm real estate loans onits books. Bay (NASDAQ: BAYN) which regulators consider “adequately has posted six consecutivequarterly losses. The bank has strugglef over the past 18 months asa once-promisingg initiative to write mortgages for customers interested in buyin and rehabbing residential properties in hot Baltimorde neighborhoods like Federal Hill and Canton tanked in a tumbling real estate Some customers had a hard time repayinvg their loans as the value of theirr properties dropped, and the bank has been busy trying to reworik those loans.
“We had some very difficult but we feel the worst of that isbehinfd us,” Hugh W. Mohler, Bay National’s CEO, told shareholdera Tuesday. “Our future is bright,” Mohler “We need to raised some capital and take itfrom there.” The bank has hiredr LLC of Vienna, Va. to advisse it on the private placemenft ofthe shares, which will be offered at $2 each. The thinlty traded shares have been as low as 52 centxs and as highas $9.25 over the past 52 weeks. In thei r last trade, which was on Friday, the share sold for $1.21. Earlier this month, Bay National announced it lost $884,000, or 41 cents a for the first quarter of the an improvement fromthe $1.
49 or 69 cents a it lost in the firstt three months of 2008. Shareholders on Tuesday also approvee boostingthe company’s number of shares outstanding to 20 millionb from the current 9 million and reelecte d all five directors who were up for 3-yeaer terms including Mohler, R. Michael Gill, Donalcd G. McClure Jr., Robert L. Moore and H. Victot Rieger Jr. Shareholders also ratifiefd the appointment ofStegman & Co. as the company’ss auditors.
Thursday, January 6, 2011
Downtown Staybridge Suites seeks receivership - San Antonio Business Journal:
igoeosysata1533.blogspot.com
SJ Properties Suites Buyco EHF, which includes an investorf from Reykjavik, Iceland, filed the petition Monday in Milwaukew CountyCircuit Court. Judge Mel Flanagabn scheduled a hearing for June 30 on a motio to appoint Milwaukee attorneyg Seth Dizard asthe receiver. Work stopped in December 2008 onthe high-risse at 1150 N. Water Street when the constructioh manager and developer DOC Milwaukeebecame insolvent, according to the receivership The Icelandic investors said that in November 2006 they providefd an advance of $17.4 million for a 120-roo m extended stay hotel and at leasty 18 luxury condos. The project also receivee $13.
4 million in financing from a unit of in which in May was placed in receivershiop bythe FDIC. The Milwaukee receivership petition said the property on Wateer Street alreadyhas furniture, flooring and fixtures in the Staybridge portion of project. Liens against the project total morethan $3.4 according to the receivership petition. The largest liens were filefd by Milwaukee-area contractors and suppliersUihlein , and Klein-Dickert. SJ Properties recently sued DOC Milwauked and Economou Partnersin U.S.
District Court in Milwaukee claiming a fraudulent transfer of fundse intended for the WaterStreet
SJ Properties Suites Buyco EHF, which includes an investorf from Reykjavik, Iceland, filed the petition Monday in Milwaukew CountyCircuit Court. Judge Mel Flanagabn scheduled a hearing for June 30 on a motio to appoint Milwaukee attorneyg Seth Dizard asthe receiver. Work stopped in December 2008 onthe high-risse at 1150 N. Water Street when the constructioh manager and developer DOC Milwaukeebecame insolvent, according to the receivership The Icelandic investors said that in November 2006 they providefd an advance of $17.4 million for a 120-roo m extended stay hotel and at leasty 18 luxury condos. The project also receivee $13.
4 million in financing from a unit of in which in May was placed in receivershiop bythe FDIC. The Milwaukee receivership petition said the property on Wateer Street alreadyhas furniture, flooring and fixtures in the Staybridge portion of project. Liens against the project total morethan $3.4 according to the receivership petition. The largest liens were filefd by Milwaukee-area contractors and suppliersUihlein , and Klein-Dickert. SJ Properties recently sued DOC Milwauked and Economou Partnersin U.S.
District Court in Milwaukee claiming a fraudulent transfer of fundse intended for the WaterStreet
Monday, January 3, 2011
Power Plant Live to debut new bar and restaurant - Baltimore Business Journal:
more...
Luckie's Tavern will open at the downtown Baltimordeentertainment district, occupying a spot formerly held by nightclub Lodgs Bar. Lodge Bar closed in May afted itslease ended, said Vice President Reed Baltimore developer Cordish Co. owns Power Planrt Live and through affiliate company EntertainmentfConcepts Inc. owns and operatews numerous barsand restaurants, including Luckie's. Cordish declined to say how much the company speny to openthe restaurant. "The space was completelhy redone and it is a very fine warmand inviting," Cordish said. Luckie'sw Tavern will serve grilled cheese, steak and fries and 16 beerseon tap. The 7,500-square-foot restaurant will seat 150.
"Lodge Bar was strictlty a nightclub and Power Plant Live has matured into a districft with restaurants on theplaza level," Cordish Power Plant's other restaurants includde , Blue Sea Grill, Mondo Bondko Italian Restaurant and Mex. Vin Generaol Manager Billy Peterson and Sous Chef Justij McGaunn willjoin Luckie's. Vin has closed temporarily while constructiojn takes place inTowson
Luckie's Tavern will open at the downtown Baltimordeentertainment district, occupying a spot formerly held by nightclub Lodgs Bar. Lodge Bar closed in May afted itslease ended, said Vice President Reed Baltimore developer Cordish Co. owns Power Planrt Live and through affiliate company EntertainmentfConcepts Inc. owns and operatews numerous barsand restaurants, including Luckie's. Cordish declined to say how much the company speny to openthe restaurant. "The space was completelhy redone and it is a very fine warmand inviting," Cordish said. Luckie'sw Tavern will serve grilled cheese, steak and fries and 16 beerseon tap. The 7,500-square-foot restaurant will seat 150.
"Lodge Bar was strictlty a nightclub and Power Plant Live has matured into a districft with restaurants on theplaza level," Cordish Power Plant's other restaurants includde , Blue Sea Grill, Mondo Bondko Italian Restaurant and Mex. Vin Generaol Manager Billy Peterson and Sous Chef Justij McGaunn willjoin Luckie's. Vin has closed temporarily while constructiojn takes place inTowson
Saturday, January 1, 2011
Tension between development, green space preservation walks a fine line - St. Louis Business Journal:
guinea-realities.blogspot.com
The state Department of Agriculture claims Ohio ranks second among the 50 states forlost farmland, but only 22nd for populatiom growth. But some programs are fighting the Thousands of acres are protected from and incentives direct development inward tourbanb areas. For the past decade, the Agriculture Departmentr has run a trio of easement programe that keep land underprivatr ownership, but prohibit nonagricultural The Clean Ohio Agricultural Easementr Purchase Program pays for up to 75 percentt of the appraised value of a farm’xs development rights, with a cap of $2,000 per acre and $500,009 per farm.
For a time, there also was a similadr Tobacco Agricultural EasementPurchase Program. And the Ohio Agricultural Easementr Donation Program preserves land through donated easements from From 2001through 2008, the three programzs saved 35,150 acres, including application s that are still pending. The purchase progranm can’t plant a stop sign right at the edgeof sprawl, “It can’t be right ther by the bulldozer. It would have to be said Mark Forni, executive director of the state’s Office of Farmland Preservation. Distance from water and sewee lines also isa factor.
Few farm s in easement programs havechangecd hands, but a sale in Clark Countyh a few months ago seemed to validate the programs’ “I think the farm sold for abourt $2,700 an acre with the easement on it. We had paid aboutr $1,300 an acre for the easement,” Forni With farms in that area selling forabout $4,00p0 an acre, the deal was on par with the market rates, he said. Some township s have tried to preserve agriculturall landthrough zoning. Union County’s Darby Township triesd prohibiting the sale of parcels smaller than 20 acresa in districts zoned agricultural and 5 acrez in districts zonedfarm residential.
Voters nixerd the zoning referendum, but Darbg came up with a versiohn that made agriculturalzoning voluntary. Sincw that law took effect in July landowners haveput 7,400 acres into it. Now the Logan-Union - is looking to use the idea, said Director Jennt Snapp. Redevelopment vs. development There also are incentives for developerss to build inurbajn areas, a side benefit of which is slowingv sprawl outward. “I would say you mightg call it anunitended consequence,” said Jonathan Barnes, principal of Ltd. in which has done historic preservation work. “Onw of he benefits of preservin g older builidings is that greenfields in othet areasare preserved.
” A lot depends on whethet a project might have been buil t on open land if an infill site wasn’t he said. “Most of our private clients that have engaged these incentives have said they reallyu could not have done the projectawithout them,” he said. “It is a lot easier to start witha flat, open site in the suburbx with easy acess and lots of and make something work out therer as opposed to a tight urban site withoutf a lot of space.” The Clean Ohio Assistance Fund providese grants to clean up brownfields, among othedr uses. As of 121 projects had been awarded $45.4 million.
Last year the progra m was modified so communities no longer have to get a user to commiy to a sitebefore it’x cleaned up. “Columbus in particular has been very successful forobtainingt grants,” said William Murdock, director of the Urba Development Division in the stated Department of Development. He pointefd to the former on East Broad where grant money was used for asbestos removal as the building was rehabbedinto apartments. The Historicf Preservation Tax Credit offers upto $5 million per project.
In the program is being used to rehabilitat the Old Ohio Deaf Schoolo on Town Street into downtownrental
The state Department of Agriculture claims Ohio ranks second among the 50 states forlost farmland, but only 22nd for populatiom growth. But some programs are fighting the Thousands of acres are protected from and incentives direct development inward tourbanb areas. For the past decade, the Agriculture Departmentr has run a trio of easement programe that keep land underprivatr ownership, but prohibit nonagricultural The Clean Ohio Agricultural Easementr Purchase Program pays for up to 75 percentt of the appraised value of a farm’xs development rights, with a cap of $2,000 per acre and $500,009 per farm.
For a time, there also was a similadr Tobacco Agricultural EasementPurchase Program. And the Ohio Agricultural Easementr Donation Program preserves land through donated easements from From 2001through 2008, the three programzs saved 35,150 acres, including application s that are still pending. The purchase progranm can’t plant a stop sign right at the edgeof sprawl, “It can’t be right ther by the bulldozer. It would have to be said Mark Forni, executive director of the state’s Office of Farmland Preservation. Distance from water and sewee lines also isa factor.
Few farm s in easement programs havechangecd hands, but a sale in Clark Countyh a few months ago seemed to validate the programs’ “I think the farm sold for abourt $2,700 an acre with the easement on it. We had paid aboutr $1,300 an acre for the easement,” Forni With farms in that area selling forabout $4,00p0 an acre, the deal was on par with the market rates, he said. Some township s have tried to preserve agriculturall landthrough zoning. Union County’s Darby Township triesd prohibiting the sale of parcels smaller than 20 acresa in districts zoned agricultural and 5 acrez in districts zonedfarm residential.
Voters nixerd the zoning referendum, but Darbg came up with a versiohn that made agriculturalzoning voluntary. Sincw that law took effect in July landowners haveput 7,400 acres into it. Now the Logan-Union - is looking to use the idea, said Director Jennt Snapp. Redevelopment vs. development There also are incentives for developerss to build inurbajn areas, a side benefit of which is slowingv sprawl outward. “I would say you mightg call it anunitended consequence,” said Jonathan Barnes, principal of Ltd. in which has done historic preservation work. “Onw of he benefits of preservin g older builidings is that greenfields in othet areasare preserved.
” A lot depends on whethet a project might have been buil t on open land if an infill site wasn’t he said. “Most of our private clients that have engaged these incentives have said they reallyu could not have done the projectawithout them,” he said. “It is a lot easier to start witha flat, open site in the suburbx with easy acess and lots of and make something work out therer as opposed to a tight urban site withoutf a lot of space.” The Clean Ohio Assistance Fund providese grants to clean up brownfields, among othedr uses. As of 121 projects had been awarded $45.4 million.
Last year the progra m was modified so communities no longer have to get a user to commiy to a sitebefore it’x cleaned up. “Columbus in particular has been very successful forobtainingt grants,” said William Murdock, director of the Urba Development Division in the stated Department of Development. He pointefd to the former on East Broad where grant money was used for asbestos removal as the building was rehabbedinto apartments. The Historicf Preservation Tax Credit offers upto $5 million per project.
In the program is being used to rehabilitat the Old Ohio Deaf Schoolo on Town Street into downtownrental
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