Tuesday, February 26, 2008

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Lake Norman Chamber Officially Supports Village At Lake Norman But improved earnings expected for second half Wii Fit neue Bilder zum WiiFittness Trainer

Tue, 26 Feb 2008 22:57:45 +0000
in Customer Satisfaction Survey for Seventh Straight Year Charlotte s Heritage Coffeeroaster Dilworth Coffee Steps Up as Starbucks Closes Early on February Bill Kaluza Joins Intervolve as new CEO Former Manugistics co founder brings over years of experience in software and supply chain management Exervio Partner named to Harris YMCA Board of Managers Archives Lake Norman Chamber Officially Supports Village At Lake Norman Charlotte CORNELIUS The Lake Norman Chamber of Commerce Board of Directors has publicly declared its support for the Village At Lake Norman a million mixed use development planned for the south side of Cornelius. The Board voted to support the project at its meeting in Chamber offices on West Catawba Ave. Cornelius on Monday February . Todd Lanham chairman of the chamber stated the support was unanimous among the Board Members present. We had a couple of elected officials who serve on our board and one business leader who may have had a conflict of interest and asked to be recused from the vote. However it says a great deal when a board as diverse as ours can weigh in on a subject as complex as this project and reach unanimous consensus. This will be the largest generator of new jobs new businesses and new property taxes ever located in North Mecklenburg said Bill Russell Chamber president. It will generate over million in economic impact much of that in the form of payroll for its over new jobs. Those people in turn will spend much of that money with local businesses throughout the region. Other impact will come in the form of purchases by the many diverse businesses in the project of goods and services provided by businesses in our community. The acre development proposed by Cornelius Bromont LLC will include square feet of retail stores and restaurants square feet of corporate offices high end residential condominiums and rooms in two hotels the larger of which will include extensive meeting conference and ballroom facilities. By creating an attractive office campus filled with amenities to meet the needs of modern corporate users the Village at Lake Norman will help strengthen and diversify our economy by bringing in more corporate jobs and professional service businesses. It will also help balance the local tax base Russell noted. By generating millions of dollars of new commercial property taxes the local economy and municipalities will be less dependent on taxing individual homes. The current ratio is about percent residential percent commercial. A healthy balance would be percent residential or less percent commercial or more. This is an important goal for the Town of Cornelius and one the Chamber strongly endorses as well. A more balanced local economy means it will be more resilient better able to weather the inevitable cycles of the national economy. The Chamber is also endorsing the project because of the major transportation improvements it would bring Russell added. We applaud the developers offer to use new tax dollars generated by this project alone in a public private partnership to widen I Highway and Westmoreland Road and build a new east west bridge carrying the realigned Bailey Road across I . This will reduce gridlock on the Interstate get people to their destinations faster make businesses more accessible in the lake region and benefit the environment by reducing air pollution as required by the federal government. Other reasons the Chamber supports the project as cited by Russell include Enhancing the quality of life. Life in our region will be more enjoyable and with enhanced opportunities by the Village providing many unique high quality retail restaurant recreational hospitality residential and cultural resources not current available here. The Village Green will function as a new cultural and commerce center for arts and craft shows outdoor performances holiday celebrations farmers markets Movies on the Green and many other professionally programmed events open to the entire community. Confirming public perceptions of the Lake Norman region as a sophisticated community a destination for shopping and a great place to live and work. The development will serve as a dynamic new gateway to the Lake Norman communities visited by people from across the region and other states. The Lake Norman Chamber representing business members hopes that the Town of Cornelius will support this project so that it can benefit the citizens and businesses of the entire Lake Norman community said Russell. Posted on Tuesday February PM Copyright dBusinessNews. Site Designed and Maintained by webdesignstudio.com Site Map Privacy Policy Subscribe Home Delivery Special Searching for sacbee.com Web Shopping Yellow Pages Site Navigation News Sports Business Politics Opinion Entertainment Lifestyle Travel Multimedia Cars Homes Jobs Shopping News Community State Nation World Crime Education Health Projects Obituaries Weather More in this section No layoffs to balance Galt school district budget By Melissa Nix mnixsacbee.com Last Updated am PST Tuesday February Print E Mail Digg it del.icio.us Teachers and other employees of the Galt Joint Union High School District will not be laid off to balance the budget the school board voted Monday night. A community forum followed by lengthy board discussion led board members to save two positions a roving English substitute and a certified athletic trainer from proposed cuts in the superintendent s budget plan. Because of the state s fiscal crisis the district must find ways to cut from next year s budget. In an effort to achieve this the board directed the administration to begin charging athletic fees for the first time. Student athletes will beginning in the fall pay per school sport. Chief business official Audrey Kilpatrick estimated that the fees could generate . The board also directed the administration to cut the English substitute s salary from other areas of district expenses. The athletic department was directed to find a way to save to in lieu of losing the athletic trainer position. Unique content exceptional value. 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Box Sacramento CA Go to Home Page Contact The Bee E Mail Guide to The Bee Subscribe Customer Service Site Map Skip to Search Box Section Navigation Network Navigation Content View the Sitemap NEWS.com.au Network NEWS.com.au FOX SPORTS CLASSIFIEDS MOBILE Network Highlights Herald Sun News Homepage Breaking News Victoria National World Learn Special Reports Sunday Herald Sun Photo Galleries Weather Archives Entertainment Entertainment Homepage Confidential Movies Music TV Audio Video Sport Sport Homepage AFL Cricket Soccer Racing Tennis Golf Motor Racing Basketball Rugby League Rugby Union Swimming Athletics Netball Beijing Olympics Business Lifestyle Tech Health Science Travel Horoscopes The Other Side Competitions Corinella Opinion Opinion Homepage Editorials Columnists Bloggers Readers Comments Send a Letter to the Editor Post your Feedback Shop Shop Homepage Photo Sales Corporate Photo Sales Copyright Herald Sun Cartoons These decisions have been made largely due to the outlook for coated margins in China remaining very tight and resulting in a reassessment of future cashflows from both of these facilities Bluescope chief executive Paul O Malley said. Rising raw material costs and the stronger Aussie dollar also hurt the company s bottomline. However underlying profit excluding one off items came in at million down per cent but slightly better than the analyst consensus forecast of million. Bluescope flagged improved earnings in the second half on the back of rising steel prices and with the annual increase in iron ore prices kicking in on July . Our second half should be better than our first half Mr O Malley said. We re seeing a very strong surge in steel prices at the moment ahead of raw material prices increases. Investors seized on the positive outlook sending Bluescope shares up or almost per cent to . . In other news Bluescope announced the resignation of the head of its Asian operations Kathryn Fagg who is leaving to pursue other career interests . Last year Ms Fagg was rumoured to be in the running to replace outgoing Bluescope chief executive Kirby Adams but the role went to another internal candidate former chief finance officer Mr O Malley. Mr O Malley told BusinessDaily Bluescope had already started searching for Ms Fagg s replacement but the process was expected to take six to nine months. Bluescope was committed to its Asian businesses despite the challenging conditions there Mr O Malley said. The company was also looking to add new upstream and downstream operations in the region to get the right balance of assets. The board declared an interim dividend of centsa share to be paid on April . Share this article What is this Digg this Post to del.icio.us Post to Newsvine Also in Business Sale pending ABC directors dump shares . b profit Westfield weathers spending downturn Positive lead Bank rebound lifts share market Shares slump Has the Google bubble burst slide Macquarie Media profit plunges Shock fall ABC battered by debt and doubts Profits surge Woolies way ahead at checkout Terry MCrann Primary . Symbion and Co minuses Big dream Rejig for mortgage broker Shares up Banks consumer stocks lead way Aggressive defence Rio hits streets of London Terry McCrann Disclosure a very vexed question Taking off Flight Centre eyes m Dollar woes Raging Aussie bashes QBE Switching on Austar viewers stay tuned Font size Decrease Increase Email article Email Print article Print Search for more stories on this topic on Newstext our news archive service. Click here Features The Premier s Active Families Challenge Try these simple recipes and activities to keep your body healthy. 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