Vermont Downtown Development Board funds $127,594 in transportation projects

first_imgThree communities were awarded grants this week by the Vermont Downtown Development Board to fund local infrastructure improvements such as new sidewalks, signage and streetlights.The Vermont Downtown Development Board announced the awards totaling $127,594 on Monday for Morrisville, Rutland City and St. Albans City. The funds, which are from the state’s Downtown Transportation Fund, are available to communities that are part of the Vermont Downtown Program. Established in 1994, the Vermont Downtown Program helps invest in the economic growth and cultural landscape of Vermont’s cities, villages and towns. Funding Awards:Morrisville – $27,594 for sidewalk reconstruction on and around Main Street and Pleasant Street, as well as new sidewalk and streetlights on Portland Street.  Matching funds were provided by the town, as well as $15,000 in private donations to the community’s downtown organization. This project continues the town’s efforts to improve pedestrian access within their downtown.Rutland City – $25,000 for phase 2 of the city’s new wayfinding signage program to direct visitors to downtown destinations such as the Paramount Theater, the Amtrak train station and local shops.St Albans City – $75,000 for new streetlights along Main Street, as part of a larger $1.5 million project to improve the city’s pedestrian infrastructure, including outdoor dining, trees and broader sidewalks in downtown. ‘These are terrific projects that recognize the importance of high-quality pedestrian amenities in support of downtown business development,’ said Noelle Mackay, Commissioner of the Department of Economic, Housing and Community Development and Chair of the Downtown Development Board. ‘The board is pleased to be able to support these projects, and to recognize the energy and commitment in each community that makes our downtowns so special.’ The Vermont Downtown Development Board also renewed the village center designation on Monday for Enosburg Falls, West Rutland, Royalton and South Royalton, which are four of the 102 village centers participating in the Vermont Downtown Program.  Downtowns and village centers that are part of the Vermont Downtown Program are eligible for a number of benefits, including tax credits, loans and grants from various state agencies to help enhance economic opportunities, preserve historic buildings and improve infrastructure in core areas.For more information, visit www.historicvermont.org/programs/downtown.html(link is external).last_img read more

France roundup: FRR private equity mandates; FRPS rules published

first_imgFRR has previously indicated that it would allocate around €900m to private equity, and has launched separate tenders for “innovation” and growth capital mandates, for up to €200m and €500m, respectively. It has already awarded €600m of private debt mandates.Pension fund regulatory framework coming together Regulations governing a new type of occupational pension funding vehicle in France have been published.The new entities – Fonds de retraite professionelle supplémentaire (FRPS) – were provided for by legislation known as Sapin II in late 2016. They will qualify as Institutions for Occupational Retirement Provision (IORPs) under EU law and are due to be subject to the revised IORP Directive when this is transposed in France.Regulations were released on 19 July that set out rules for how the new entities were to be established and authorised, and how their governance, and financial and prudential management should be organised.This comes after the French government in early April published an “ordinance” that set out the rules formalising the creation of the FRPS. The law ratifying this is going through parliament.Another implementing regulation is awaited, which will set out how to carry out stress tests assessing coverage of solvency requirements over a 10-year period.The FRPS will be subject to a bespoke regulatory regime based on quantitative measures similar to those of Solvency I regulation for insurers, with the addition of the aforementioned stress test, and governance measures similar to those provided for by Solvency II.The intention is for insurance companies and mutual and provident institutions to be able to move certain types of occupational pension business out from under Solvency II regulation and into a regime that better reflects the long-term nature of pension provision.   This involves being freed from Solvency II capital requirements, which are seen as penalising certain asset classes, such as equities. A recent Financial Stability Board “peer review” of France said the creation of French-style pension funds was intended to redirect €10bn-€20bn into financing the domestic economy.Natixis AM to appeal overcharging fine Natixis Asset Management “strongly disputes” the decision of the enforcement committee of the French financial markets regulator concerning its “formula-based” funds activity, it has said.The Autorité des marches financiers (AMF) last week announced that it had issued a warning to Natixis and fined it €35m because it considered the asset manager had breached its professional obligations in the management of some of its formula funds between 2012-2015.Natixis said it intends to appeal the decision. It noted that the enforcement committee did not follow the AMF board’s recommendation in making its decision.It said it believes that the decision is “unwarranted and disproportionate and firmly denies failing to fulil its professional obligations”. The AMF said its enforcement committee identified four regulatory breaches in relation to the redemption fees for some of the funds it inspected and in relation to the structuring margin of some funds. The €35m fine is the largest the French regulator has imposed. Natixis Asset Management said investors in its formula funds “were in no way adversely affected and were fully informed in accordance with applicable regulations”. Formula funds are a type of structured product that offer a guarantee of invested capital based on a pre-determined formula. France’s €36bn pension reserve fund has awarded three private equity fund-of-fund mandates for a total of between €100m and €400m. The mandates have gone to Ardian France, LGT Capital Partners, and Swen Capital Partners. A spokesperson for the Fonds de réserve pour les retraites (FRR) said the distribution of the capital between the three managers could not be specified at this stage.The managers will be responsible for creating and running portfolios of funds allocating at least 80% of their assets to the equity or quasi-equity of unlisted French companies.The mandates are for 12 years, and form part of the implementation of around €2.1bn of new allocations to unlisted French assets.last_img read more

USC prepares for pivotal rivalry game

first_imgThe rivalry between the Fighting Irish and the Trojans is touted as one of the longest and most highly-anticipated rivalries in college football. Last year, the Fighting Irish beat the Trojans at the Coliseum in a grueling 22-13 victory. Saturday will be a pivotal game for USC in its first road game under interim head coach Ed Orgeron.Bragging rights · Redshirt junior cornerback Josh Shaw emerged victorious in a post-practice race between most of USC’s skill players. – Ralf Cheung | Daily TrojanThe Trojans held fast-paced practices on Monday and Tuesday before a lighter practice on Wednesday preceding their travel day on Thursday. Once the Trojans arrive in South Bend, they’ll have another full practice on Friday before resting up for Saturday night’s showdown.Orgeron said that many players who have seen limited minutes this season will get a chance to play against Notre Dame, including junior defensive end J.R. Tavai, redshirt sophomore defensive tackle Antwaun Woods and redshirt sophomore linebacker Anthony Sarao.On the Mend The return of a few key players to the Trojans lineup, headlined by redshirt junior cornerback Anthony Brown, gives hope that the team might finally regain the depth it needs to compete against the Fighting Irish.Notre Dame’s receiving corps, headlined by senior TJ Jones (481 receiving yards, four touchdowns) and junior Davaris Daniels (385 receiving yards, four touchdowns), will provide a challenge for USC’s panned secondary.The unit has received much criticism after giving up a combined 714 passing yards over the last two games, but the return of Brown gives USC another option to plug into its pass defense.“I was supposed to be back for ASU, so I was a little behind schedule,” Brown said. “But I’m happy to be back for a big game.”Brown says he is focusing on quick routes and communication. The agile cornerback will replace senior Torin Harris as starter.Orgeron said senior linebacker Morgan Breslin will most likely be ready to take the field come Saturday as well after having great practices this week, but that redshirt sophomore running back Tre Madden is questionable to return on Saturday.Junior wide receiver Marqise Lee told media yesterday he was 100 percent sure he would be back, despite the fact that “a knee injury is no joke.” But Orgeron said he doesn’t know if his star wideout is going to be available.Old Practices, New Rituals Orgeron played a song for the team on “Competition Tuesday” that the team has taken to quickly — “Halftime (Stand Up and Get Crunk!)” by the Ying Yang Twins, which is the kickoff song for the New Orleans Saints.“I said if I ever had the chance to be a head coach again I would play this for my guys,” Orgeron said.The players seemed to enjoy the song, so much so that they asked for it to be played in the locker room before games.After practice, most of the Trojans’ skill players participated in a foot race, which redshirt junior cornerback Josh Shaw won.last_img read more

Bashir Hayford replies his critics

first_imgAshantigold head coach Bashir Hayford is  Is unperturbed by calls clamoring for his sack.Pressure is mounting on the reigning coach of the season to resign from his post following the team’s abysmal performance in the ongoing Ghana Premier League.The defending Premier League champions have been very poor in the league managing just a single win to leave them 12th with seven points after seven matches.Some supporters of the club have expressed displeasure with their current poor form and wants coach Hayford to leave the club.But the former Asante Kotoko coach says he will only quit if the hierarchy of the club decides so.“I’m not bothered with all that is going on, if they ask me to stop coaching the team today, I will give way and will never go hungry,” he told Nhyira fm in Kumasi “So for those going round agitating that I should be fired- if that is what the board wants- why not I will leave but as I remain coach of the team trust I won’t pay attention to them.” Hayford will be leading his charges to face Asokwa United in the MTN FA Cup. –Follow Joy Sports on Twitter: @JoySportsGH. Our hashtag is #JoySportslast_img read more

McDonald happy with Penn Relays success

first_img “A new environment and new coaching techniques, along with being injury-free, have also helped a lot this season, and competing against Holmwood was a big motivational factor as I was pumped up whenever I competed against them,” she added. She is very satisfied with her performance here. “It is a good feeling winning at the Penn Relays as I just went to do my thing. I followed my coach’s advice and executed well,” she said. “I am kind of disappointed with the time, but I think Nicolee Foster’s absence contributed to this as she has become my main rival in the event. If she was there, I think I would have gone much faster.” McDonald, who prefers the sprint hurdles, stated that Australia’s Sally Pearson is her role model. “I like Sally’s style of running and I prefer the sprint hurdles as I know that I am really fast”, said McDonald, who stated that her next focus is on the National Junior Championships in June before deciding on an overseas college. PHILADELPHIA, Pennsylvania: Edwin Allen High school athlete Gabrielle McDonald has been having an excellent season with several spectacular performances on the track. McDonald, who started her high school career at St Andrew High before moving to Holmwood Technical then Edwin Allen, was a double winner at the ISSA Boys and Girls’ Championships in Class One. She won the 100m hurdles in a record 13.12 seconds and then captured the 400m hurdles Open in 56.53 seconds, a world junior leading time. McDonald continued her winning ways at the Penn Relays last Thursday, taking the 400m hurdles championship event in 58.65. “Patience, hard work and determination have been the key to my success this year,” said McDonald on Friday. “Leaving Holmwood to attend Edwin Allen was a very hard decision, but I prayed hard about it and God answered my prayers.” According to McDonald, the change in environment has played a pivotal role in her success this season. Coaching techniqueslast_img read more

Shakespearean ballet outdoor tango and other happenings around Costa Rica

first_imgRelated posts:Valentine’s Day, lyrical boleros, and other happenings around Costa Rica Design Festival, Marine Corps picnic, and other happenings around Costa Rica Christmas cheer, oxcart parades, and other happenings around Costa Rica Cowboys, coffee, and other happenings around Costa Rica Dance: “Romeo and Juliet”The age-old Shakespearean drama about star-crossed lovers receives a balletic interpretation, thanks to Prokoviev’s magnificent score. This touring Russian Classical Ballet production stars 35 individual dancers on the National Theater’s mainstage.“Romeo y Julieta” performs March 21 & 22 at the National Theater, downtown San José. Sat., 8 p.m.; Sun., 5 p.m. ₡17,000-47,000 ($35-135). Info: National Theater website.Life in Color“World’s Largest Paint Party” combines electronica music with exploding pigments at Pedregal.“Life in Color” takes place March 21 at the Pedregal Event Center, Belén. 3 p.m. ₡25,000 ($50). Info: SpecialTicket. Music: Beat KaestliThe sensual Swiss singer arrives in San Pedro to perform jazz standards.Beat Kaestli performs March 21 at Jazz Café, San Pedro. 10 p.m. Free. Info: Jazz Café website.Le Pique-NiqueFrench-style picnic hosted by the Alianza Francesa.Le Pique-Nique takes place March 22 in La Sabana Park, San José. 12 p.m. Free. Info: Alianza Francesa Facebook page.https://vimeo.com/16570483Film: “Vanishing of the Bees”Investigative journalist Maryam Henein presents her film about “colony collapse disorder,” a pandemic problem with global consequences. Narrated by Ellen Page with Spanish subtitles.“Vanishing of the Bees” screens at Finca Rosa Blanca, Heredia. 4 p.m. Info: Event Facebook page.Dance: Live Tango in the PlazaTango dancers converge on downtown San José, demonstrating Argentina’s sensual baile de amor.El Tango Vive la Plaza takes place March 25 in the Plaza de la Domacracia, downtown San José. 7:30 p.m. Free. Info: GamCultural.center_img Arab Arts FestivalA combination of belly-dancing, synchronized dance, and light gymnastics, the sixth Arab Arts Festival showcases hundreds of performers.Festival de Artes Árabes takes place March 20 & 21 at CENAC, downtown San José. 10 a.m. – 5 p.m. ₡2,000 ($4). Info: GamCultural.Art: “Superheroes and their Fictional Cities”If you were always as intrigued by Metropolis and Central City as you were by Superman and The Flash, this new exhibit by Carlos Llobet Montealegre is sure to fascinate.“Superhéroes y Sus Ficciones Urbanas” displays through May 16 at TEOR/éTica Gallery, Barrio Amón. Mon.-Fri., 9 a.m. – 5 p.m.; Sat., 10 a.m. – 4 p.m. Free. Info: TEOR/éTica website.Theater: “La Bruta Espera”Three short plays by Argentinean dramatist Julio Chávez are performed at the Vargas Calvo black box theater, courtesy of the National Theater.“La Bruta Espera” continues through April 26 at the Vargas Calvo Theater, downtown San José. Thu.-Sat., 8 p.m.; Sun., 5 p.m. ₡2,500-5,500. Info: National Theater website.Art: “Microcosmos”Experimental paintings by Rolando Faba make their debut at the José Luis López Escarré Gallery.“Microcosmos” continues through May 8 at The National Theater, downtown San José. Free. Info: National Theater website.Onion FestivalCelebrate all things onion at this week-long agricultural festival in Santa Ana.Feria de la Cebolla continues through March 22 at the Sports Plaza, downtown Santa Ana. Daily, 8 a.m. – 10 p.m. Free. Info: Official website.Theater: “Blood Wedding”The classic Lorca tragedy plays at Teatro Espressivo.“Bodas de Sangre” is performed through March 29 at Teatro Espressivo, Curridabat. Fri. & Sat., 6 p.m. ₡7,500-10,000 ($15-20). Info: Teatro Espressivo website. An Albrecht Dürer print demonstrate’s the artists many trademarks: stark lines, epic imagery, extreme texture, and cryptic symbolism. Robert Isenberg/The Tico TimesArt: Albrecht Dürer, Renaissance GeniusClassical German printer Albrecht Dürer receives a stunning retrospective at the Central Bank Museums.“Alberto Durero: Genio del Renacimiento” is on display through April 26 at the Central Bank Museums, downtown San José. Daily, 9 a.m. – 5 p.m. ₡5,500 ($11). Info: Museum website.Art: Painting and Photography in San RamónCatch two different exhibits this Saturday in San Ramón: “Transformación,” a series of paintings by artist Jorge Luis Capezas, and “Liquors Were Your Origin, Culture is Your Destiny,” a collection of antique photos.Opening Feb. 21, 4 p.m. Both exhibits will be displayed through March 21 at the José Figueres Cultural Center, San Ramón, Alajuela. Info: Cultural Center website.Theater: “I’m Not Going to Carry This Corpse”Teatro Arlequín presents a deadly new comedy of errors, written by Luis Daell Barth.“Este Muerto no lo Cargo Yo” continues through March 22 at Teatro Arlequín, downtown San José. Thu.-Sat., 8 p.m; Sun., 6 p.m. ₡5,000 ($10). Info: Theater Facebook page.Art: “Ricardo Ávila: Urban Observer”See city life in a whole new way through Ricardo Ávila’s unique landscapes.“Ricardo Ávila: Observador Urbano” continues through March 29 at the Museum of Costa Rican Art, La Sabana. Wed.-Sun., 9 a.m. – 4 p.m. Free. Info: Museum website. A statue of “Mobile Suit Gundam” stands in the middle of the National Gallery’s new exhibit. (Courtesy of The National Gallery)Anime ExhibitTo celebrate 80 years of diplomatic relations with Costa Rica, the Japanese embassy presents an exhibit on Japanese cartoon art at the National Gallery.“Japan: Kingdom of Characters” continues through March 29 at the National Gallery, former penitentiary, downtown San José. Mon.-Friday, 8 a.m. –4:30 p.m.; Sat. & Sun., 9:30 a.m. – 5 p.m. Free. Info: National Gallery website. Facebook Commentslast_img read more