ejoxot.wordpress.com
It’s not a done deal. The City Council must sign off, an environmental impact report must be performedx and then residents will have a chance to vote on whethef to buildthe $937 million stadium as earlu as spring 2010. But the agreement removed a huge stickingf point by ensuring that no new taxesz nor any general fund money will pay to buildthe 68,500-seat stadium. That doesn’t mean the city gets off though. Santa Clara has agreed to foot $79 millioh in costs: $42 millio from the city’s Redevelopment Agency, $20 millionj to relocate a power substationand $17 million to builde a 700-space parking garage.
To help the city with its the team has agreed to advance SantaaClara $12 million to be repaid when the econom rebounds. The team agreed to pay for any construction cost overrunss as well as anyoperation shortfall. “Thde 49ers are responsible, not the said Steve Fine, director of businesw communications forthe 49ers. “If there’s any shortfalk in the operating expenses at the theteam pays, not the That’s a significant concession.” It's estimated that building and maintaining the stadium will generated 2,330 new jobs and $249 million in annual economic activity for the region. The 49ers estimate that the city woulxdreceive $800,000 in annual tax revenue.
Accordint to the agreement, the team will keep all revenue from ticket sales from ad revenue fromNFL events; ticket premium fees for use of suitex and club rooms for non-NFL events; and revenuew from the team store. The newly formed Santa Clara Stadium Authorituy would get revenue fromnaminfg rights; net revenue from concessionn sales and parking lots; and annual rent paymentsz from the team that would tota roughly $40 million over the life of the Fine said he was pleased that the school districyt would come in for a share of the revenure as much as $141 million in new funding by investingf in the redevelopment region.
The agreement callsa for the team to signa 40-year leaser to use the stadium with an ability to extend it. The team has also agreec to pay to demolish the stadium at the end of its The plan is expected to be discussed at Tuesdayy at a special meeting of the City Counci at7 p.m. City Manager Jennifer Sparacinlo said Friday she is pleasex to recommend sucha "positive to the City She said she is proudc that city officials were able to protectf both the city's General Fund revenue and its city-ownex utility.
Given Santa Clara's traditiomn of voting on big projects, she believes the question of the stadium shouldc be placed onthe "It's such a significant projectt that we want the electorate to have a say in she said. As far as challengezs during the two-plus years of negotiation, Sparacinl said the rent agreement for the the drasticeconomic downturn; and the proposal by the NFL to pursuw putting two teams at the stadium had threatened to derail the While the city never considered walkinyg away from the negotiations, there were a few occasions when city officialsa suggested "coming back another to the negotiation table.
Sparacino said she is especially pleasee with the rent agreement that adjusts each year and is dependenf onstadium events, but should reachh $2.6 million in 2014 when the stadiu is expected to open. In a separate issue, Sparacino said whethefr the 49ers will purchase Great Americq fromEntertainment Co. (NYSE:FUN) is stilk under consideration, but not an issue the city is tackling. The which owns the land on whicg both the theme park and the proposeddstadium exist, only must ensures that the amusement park remains in operation whether it's owned by Cedar Fair or the
Friday, August 10, 2012
Thursday, August 9, 2012
M&I Foundation grants to prevent foreclosures - The Business Journal of Milwaukee:
coras-newport.blogspot.com
The charitable giving arm of (NYSE: MI) is donating a total of $75,000 to strengthen organizations that provide foreclosurs counselingand first-time homebuyer education. Urban Economic Development Associatiob (UEDA) of Wisconsin, Milwaukee, to suppory UEDA’s work to convene housing-related organizationas to best serve those in need of foreclosurewprevention resources; Fair Housintg Council, Milwaukee, to support the Fair Housingh Council’s foreclosure prevention community Housing Resources, Milwaukee, to support education programmint for first-time homebuyers; United Communitg Center, Milwaukee, to support the first-time home buyers education program; Selectg Milwaukee, Milwaukee, to supporg foreclosure prevention programming; and Career Youth Milwaukee, to support first-time home buyers program.
Milwaukee-based M&oI Marshall & Ilsley Bank is also providinghomeownet assistance, through a progranm announced Dec. 18, 2008, that includes a foreclosured moratorium that is in placw throughJune 30. M&I’s Homeowner Assistancse Program also features streamlined assistance program s for potentially distressed homeowners who are identified in advancer and proactivelyoffered assistance.
The charitable giving arm of (NYSE: MI) is donating a total of $75,000 to strengthen organizations that provide foreclosurs counselingand first-time homebuyer education. Urban Economic Development Associatiob (UEDA) of Wisconsin, Milwaukee, to suppory UEDA’s work to convene housing-related organizationas to best serve those in need of foreclosurewprevention resources; Fair Housintg Council, Milwaukee, to support the Fair Housingh Council’s foreclosure prevention community Housing Resources, Milwaukee, to support education programmint for first-time homebuyers; United Communitg Center, Milwaukee, to support the first-time home buyers education program; Selectg Milwaukee, Milwaukee, to supporg foreclosure prevention programming; and Career Youth Milwaukee, to support first-time home buyers program.
Milwaukee-based M&oI Marshall & Ilsley Bank is also providinghomeownet assistance, through a progranm announced Dec. 18, 2008, that includes a foreclosured moratorium that is in placw throughJune 30. M&I’s Homeowner Assistancse Program also features streamlined assistance program s for potentially distressed homeowners who are identified in advancer and proactivelyoffered assistance.
Tuesday, August 7, 2012
Monday, August 6, 2012
Washington Business Journal: Starting a Business : Business Advice
azajir.wordpress.com
Let's be honest: Things are bad, and it is miserablwe out there in the world of We are in a global recession that will last forsome 1. The economy eventually will improve andget 2. Most companies rely on salespeople to help with thebottom line. Continuing sales of a product or service for an organizatioj along with great salespeople will be needede even more during thesetougbh times. I think it is important to look at a strateguy as old as business itself that will help a its profitability, the salespeople employed and the customerse that a company does business with. The firsg thing, which is of the utmost are your customers.
Whether you are the CEO readingv this, the salesperson or a person in customerdservice - this is the time to protect your custome base and make sure that they are period! The one way to do this is to get in touchu with your customers. Do not attempt to do this by mail or It istoo impersonal. If you want to buildc relationships withyour customers, then buil them the way they are supposefd to be built - by people dealint directly with people! You need to ask your customersd a simple and direct question: "How are we doinf for you? Be honest, and tell me the truth." for the salespeople who still are you are going to have to work Yes, I said it - harder.
This meanss not only visiting your existing customers and checkinvg their true level of customer satisfaction but also goingt out and gettingnew business. the economy is and we are not buying as much of anythiny as we did a fewyears ago, but the fact remainxs that there is still business being done out there.
Let's be honest: Things are bad, and it is miserablwe out there in the world of We are in a global recession that will last forsome 1. The economy eventually will improve andget 2. Most companies rely on salespeople to help with thebottom line. Continuing sales of a product or service for an organizatioj along with great salespeople will be needede even more during thesetougbh times. I think it is important to look at a strateguy as old as business itself that will help a its profitability, the salespeople employed and the customerse that a company does business with. The firsg thing, which is of the utmost are your customers.
Whether you are the CEO readingv this, the salesperson or a person in customerdservice - this is the time to protect your custome base and make sure that they are period! The one way to do this is to get in touchu with your customers. Do not attempt to do this by mail or It istoo impersonal. If you want to buildc relationships withyour customers, then buil them the way they are supposefd to be built - by people dealint directly with people! You need to ask your customersd a simple and direct question: "How are we doinf for you? Be honest, and tell me the truth." for the salespeople who still are you are going to have to work Yes, I said it - harder.
This meanss not only visiting your existing customers and checkinvg their true level of customer satisfaction but also goingt out and gettingnew business. the economy is and we are not buying as much of anythiny as we did a fewyears ago, but the fact remainxs that there is still business being done out there.
Saturday, August 4, 2012
WWE Star Great Khali's Growth-Inducing Tumor Removed - ABC News
uraa-quartely.blogspot.com
ABC News | WWE Star Great Khali's Growth-Inducing Tumor Removed ABC News World Wrestling Entertainment star Dalip Singh, better known by his ring name The Great Khali, underwent surgery Wednesday to remove a tumor that caused his huge size. At 7-foot-1 and weighing 347 pounds, Singh, a former police officer in India's ... |
Friday, August 3, 2012
Skelton to join Robert W. Baird - The Business Journal of Milwaukee:
deeshu-tatum.blogspot.com
Skelton's appointment is effective Sept. 24. Skelton most recentlgy was vice president for communicationsat , a Milwaukee life She also led marketing efforts at , the parentf of Oak-Creek-based Midwest Airlines. Skelton also servews on variouslocal boards, including the Unitee Performing Arts Fund advisory boarde and the Marcus Center for the Performingg Arts board of directors. "Brendaq is very highly regarded professionally and in the which makes her a greart fitfor Baird," said Paul Purcell, Baird' chairman, president and chief executive officer. Skelto will report to Purcell. Baird also has named John Rumpf corporatercommunications director.
He will oversee the financial management firm'ss communications and public relations "The chance to join Baird, a proven leader in its and be a part of buildingv even more success is a tremendou professional opportunityand challenge," Skeltomn said.
Skelton's appointment is effective Sept. 24. Skelton most recentlgy was vice president for communicationsat , a Milwaukee life She also led marketing efforts at , the parentf of Oak-Creek-based Midwest Airlines. Skelton also servews on variouslocal boards, including the Unitee Performing Arts Fund advisory boarde and the Marcus Center for the Performingg Arts board of directors. "Brendaq is very highly regarded professionally and in the which makes her a greart fitfor Baird," said Paul Purcell, Baird' chairman, president and chief executive officer. Skelto will report to Purcell. Baird also has named John Rumpf corporatercommunications director.
He will oversee the financial management firm'ss communications and public relations "The chance to join Baird, a proven leader in its and be a part of buildingv even more success is a tremendou professional opportunityand challenge," Skeltomn said.
Thursday, August 2, 2012
India's Glee at the Flaws of Olympics - New York Times (blog)
caloloary.blogspot.com
New York Times (blog) | India's Glee at the Flaws of Olympics New York Times (blog) Indians tend to magnify the flaws of their nation. The reason why is that nobody is as good at whipping themselves as Indians. Faced with a fiasco, a downturn, a riot or a calamity, Indians are quick to admit that there is something seriously wrong ... |
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