Splash pad grant gets go ahead

first_imgLatest Stories Troy falls to No. 13 Clemson “The council might want to consider an asphalt walking trail at some point in time,” Thomas said. “The plan for the park includes four picnic tables and there is the possibility that a Brundidge civic organization would donate benches for the park.”If the grant is awarded by ADECA, the city will supply a cash match of $258,068 plus $117,497 in in-kind services. Cornelius and Kimberly Griffin have pledged $50,000 to the project, fi the grant is awarded.City officials originally said $100,000 would come from private investors, and the council had planned to vote on the grant application June 21 but delayed until Tuesday to allow time to confirm the private investment.Thomas said it probably would be as late as the Spring 2017 before the construction phase could begin. “Because the splash pad is seasonal, I would think it would have first priority in the construction plans,” he said. Skip The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Council Members Betty Baxter, District 1; Arthur Lee Griffin, District 2; and Mayor Jimmy Ramage all voted in favor of the motion. Margaret Ross, District 3, voted no. Steven Coleman, District 5, was absent from the meeting.City Manager Britt Thomas had discussed the project with the council and presented two funding options for the park. One option included rubber safety surfacing for the playground equipment. The other did not. The difference between the two was $28,000.The park will include a natural walking trail as well as the splash pad, which will cost about $115,000. Thomas said the pad has a water recirculation system, which will help control the amount of water used at the park. Print Article Splash pad grant gets go ahead Published 3:00 am Wednesday, June 29, 2016 In other business, the council considered its options in the use of the funds the city received in the TransLoad America bankruptcy suit. The city received $232,000 in the settlement. Thomas said those funds could be used to reduce the city’s loan of $1.2 million for 22 acres purchased for the North Industrial Park. The loan has been reduced to its present balance of $587,839.The council could also use the money or a portion of it to reduce the city’s commitment to the Community Enhancement grant if awarded.Ross made a motion to use the entire amount to reduce the balance of the loan for the land purchased. The council voted in favor of the motion.Thomas said the Army Corps of Engineers has been contacted regarding the flooding and eroding that occurs on Johnson and Darby streets when it rains. Mims Creek that borders the properties is clogged with sand, dirt and debris and no longer provides an outlet from rain water that pours into the area from several streets, including Main Street.Residents of the area met with the city council on June 21 asking for the city’s help in rectifying the situation. With the promise of a $50,000 private investment, the Brundidge City Council voted 4-1 Tuesday to seek a grant to fund a new splash pad and recreation park.The council voted 4-1 to apply for a CDBG Community Enhancement grant in the amount of $250,000 to assist in the $675,000 project, which includes the construction of a recreation park that will include a splash pad, playground equipment, walking trail, parking lot and restroom facilities. The city’s contribution will be $375,565.Council Member Cynthia Pearson, District 4, made a motion in favor of the park proposal that included the rubber safety surfacing. Email the author Pike County Sheriff’s Office offering community child ID kits Book Nook to reopen You Might Like Grant would benefit Oakland Heights Residents in the Oakland Heights neighborhood of Troy could see nearly 50 abandoned houses demolished, new fire hydrants and longstanding… read more Sponsored Content Remember America’s heroes on Memorial Day By Jaine Treadwell By The Penny Hoarder Plans underway for historic Pike County celebration Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthTop 4 Methods to Get Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Rates set to hold until November

first_imgThe housing sector is expected to be a big beneficiary of better lending conditions. Picture: Jodie Richter.“Based on these considerations, a “no-change” decision seems a certainty from the RBA Board meeting on Tuesday. Indeed the market has only a 4 per cent chance of a change priced in.”For the first time since last month’s cut, Monday saw the RBA Rate Indicator swing in favour of a cash rate target decrease to 0.75 per cent. “As at 5 August, the ASX 30 Day Interbank Cash Rate Futures August 2019 contract was trading at 99.115, indicating a 57 per cent expectation of an interest rate decrease to 0.75 per cent at the next RBA Board meeting.”That might not be enough though — with 96 per cent of experts and economists in the latest Finder RBA Cash Rate Survey convinced there RBA will hold at 1 per cent for several months. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Where tenants are ditching dead money for a mortgage Queensland is expected to see a surge in interest from interstate and other buyers given its relative affordability compared to southern neighbours, including Brisbane over Sydney and Melbourne.After a torrid two months of slashing, the Reserve Bank board is expected to hold fire until November on any further interest rate cuts — but there’s still lots to celebrate for buyers.Experts agree that November is the month the RBA board is most likely to make its next move on rates, as it waits for its shock two cuts in a row to take hold along with government action to boost consumer spending. FOLLOW SOPHIE FOSTER ON FACEBOOK Star puppet Agro making a move More from newsParks and wildlife the new lust-haves post coronavirus12 hours agoNoosa’s best beachfront penthouse is about to hit the market12 hours agoRBA assumptions and forecasts. Source: RBA.gov.au”Our view remains that the RBA will deliver another 25bpt rate cut but they will wait until November to deliver that cut,” he said in CBA’s latest Economic Update. “The RBA has, of course, revealed its hand with 25bpt rate cuts in June and July. Successive rate cuts are rare events and normally reserved for dire economic circumstances. But circumstances, as the RBA assures us, are not dire. The RBA has indicated that it is prepared to wait while monitoring developments, especially in the labour market. MORE: The growth suburbs to watch It found 35 per cent of experts believed the next cut would come in November, while 23 per cent thought it would be earlier in October.Either way, Finder insight manager Graham Cooke said the RBA board would be hesitant to cut three months in a row.“The jury’s out on the impact of these most recent cuts — it’s simply too soon to tell,” he said. “Economists feel slightly more confident that recent cuts will have a positive effect on the economy once given time to roll out. While positivity is generally still low, housing affordability remains the most positive economic element.”Mr Blythe said CBA could “only agree” with a comment by RBA Governor Philip Lowe that “it is reasonable to expect an extended period of low interest rates”. Reserve Bank of Australia Governor, Philip Lowe, is expected to see the board hold at 1 per cent cash rate target come Tuesday afternoon. Picture: AAP Image/Dean Lewins.This after the RBA finally moved its cash rate target down to 1.25 per cent in June, followed rapidly by another 0.25 percentage point drop again in July to even out at 1 per cent. Before that it had stagnated at 1.5 per cent since August 2016.Aligned with APRA loosening its grip on lending conditions, boosting the chances of those applying for mortgages, the moves were expected to see some lift in the economy.Chief economist for one of the nation’s Big Four banks, Commonwealth Bank of Australia, Michael Blythe, expected the cash rate to remain at 1 per cent come Tuesday afternoon’s RBA monetary policy meeting.last_img read more

National Spelling Bee Crowns 8 Co-Champions, Scripps Ran Out of Words

first_imgThe Scripps National Spelling Bee has crowned eight co-champions who went the final five rounds without misspelling a single word.Dr. Jacques Bailly said they threw the dictionary at those eight children, and the “champions showed the dictionary who was boss.”At the end of round 17, the competitors were told that because the judges were running out of hard words, anyone still standing after 20 rounds would be named co-champions.Each will get a $50,000 check for being a co-champion.Eight co-champions celebrate after winning the Scripps National Spelling Bee, Friday, May 31, 2019, in Oxon Hill, Md. The spelling bee ended in unprecedented 8-way championship tie after organizers ran out of challenging words. (AP Photo/Patrick Semansky)last_img read more