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Democrats and a Republican-led voting bloc have battlerd for control of the chamber for more than two paralyzing thelegislative process. Gov. Davi d Paterson has called four straightgemergency sessions—including one today at noon—bugt senators have conducted no official business at any of Senators are supposed to vote to renews a series of laws that expirde June 30, including one that extends a state program that providesz low-cost power to businesses. Thosd and other issues remain unresolved, as neitherr side agrees on who isin power.
Senators want Patersobn to also call the state Assembly back intospecial session—q step they say is necessaryu in order to make any voteas legal and constitutional. The Assembly adjournex for summer vacation onJune 22, as “We are hopeful that the governore will bring both houses back on said Sen. Malcolm Smith (D-Queens). On June 24, a furiousw Paterson refused to call theAssemblyt back, saying it would serve no purpose. He said senatorzs can pass bills withoug the Assembly also beingin session. “Now they’re asking me to bring the Assembly For what?” Paterson asked, smacking his podium. “Arre we kidding?
If the Assembly came they’d be sitting on their hands, waiting for Smith said negotiations over apotential power-sharing agreement will continue over the “There are five days left before June 30,” said Sen. John Sampsonj (D-Brooklyn), leader of Senate said on Thursday. “The constitutionality, with respect to legislation, is too importan t for us to just go through mock sessions to getthingsx done. We look forward to completin the people’s business on or before June On Thursday, Paterson ordered the state treasureer not to deliver checks for per diems and travel expenses to since they have conducted no officialp business sinceJune 8.
That’sa when Republicans led a surprisw uprising in an attempt to oust Smith asthe Senate’sw majority leader. By law, governors can compeo legislators to meet in a special session and dictatee which bills will be included inthe session’d agenda. Governors cannot, however, force legislators to actually votes onthose bills. On June 25, Democrats gavele in an emergency sessiomn calledby Paterson. They adjourned a few minutes saying that they coulc not vote on billes without the Assembly also beingin session.
Members of the Republican-leds voting bloc were not present for that They heldtheir own, separatre session after Democrats ended theirs, and did not vote on any The two voting blocs each have 31 one with 31 Democrats, and one with all 30 Republicanse and Sen. Pedro Espada Jr. (D-Bronx). Both sidesa continue to fight about who isin control, and whether the vote on June 8 to oust Smit h was legal. There’s no way to breaok a 31-31 vote—the state has had no lieutenan t governorbecause Gov. David Patersonb vacated that post to take over forformer Gov. Eliot Spitzer.
Also, since no one agrees on who is the top officere inthe Senate, it remains unclear who woulxd become acting governor if Patersonn became incapacitated or leaves the state. “We actuallgy don’t know who’s in line for which is why I know you’re all wishing me good health,” Paterson said.
Thursday, May 31, 2012
Tuesday, May 29, 2012
Overland Park firm taps state's oil, gas resources - Kansas City Business Journal:
viningocouqyl1601.blogspot.com
Its executives have spent $5 million to acquire minerakl leases, equipment and infrastructure. By year'e end, it will have spent an additional $6 milliojn to drill wells. Its chairman calls the companuya mom-and-pop operation, even though it now pumps out 250 barrelds of oil a day. Oh, and it's baseed in Overland Park. "It's said Steve Cochennet, chairman and president of and aformeer executive. "People don't realiz how much oil is being produceed aroundKansas City." According to Kansas Geological Survey, the stat ranks eighth nationally, producing oil and gas valued at $4.6 billionn in 2006, which includes 35.7 milliojn barrels of oil. EnerJex concentrates on easterb Kansas.
Kansas differs from othetr states, where big companies such as and run the oil businesws from top tobottom -- digging the oil up, operating wells and then sellinbg to consumers. Kansas is a fragmented market, with 23,000 producers, which has led EnerJesx to where itis today. EnerJex, which formed in Decembere 2005, has based its success on the idea that these independenty producers have not fully tappecd available resources forfossil fuel.
In conjunctiob with Haas Petroleum, a longtime operatort in Kansas, workers drill additional wells in rich areaa where as little as 5 percentf to 10 percent of potential oil has been often using specialized technologies previousproducers didn't In return for acquiring the lease, EnerJe pays the landowner 12.5 percent of revenue the well generate. In August 2006, EnerJex went public througgh areverse merger, and its shares now are tradefd over the counter. No official revenue has been butthrough April, Cochennet had raised $11 million with outside Cochennet said the $8 milliohn the company invested through Sept.
30 already has producedx $26 million in oil according to a Securities and ExchangsCommission filing. "It's a classic first-move advantage situation," said Adam Connors, associate directod of , an investment bankingg firm in California that helped EnerJexraisee $9 million. "It's not that they are looking to buy up all the acreags and squeezeeverybody out. What they are trying to do is partne up with lease holders who choose not to spend the Itmaximizes everyone's interests.
"
Its executives have spent $5 million to acquire minerakl leases, equipment and infrastructure. By year'e end, it will have spent an additional $6 milliojn to drill wells. Its chairman calls the companuya mom-and-pop operation, even though it now pumps out 250 barrelds of oil a day. Oh, and it's baseed in Overland Park. "It's said Steve Cochennet, chairman and president of and aformeer executive. "People don't realiz how much oil is being produceed aroundKansas City." According to Kansas Geological Survey, the stat ranks eighth nationally, producing oil and gas valued at $4.6 billionn in 2006, which includes 35.7 milliojn barrels of oil. EnerJex concentrates on easterb Kansas.
Kansas differs from othetr states, where big companies such as and run the oil businesws from top tobottom -- digging the oil up, operating wells and then sellinbg to consumers. Kansas is a fragmented market, with 23,000 producers, which has led EnerJesx to where itis today. EnerJex, which formed in Decembere 2005, has based its success on the idea that these independenty producers have not fully tappecd available resources forfossil fuel.
In conjunctiob with Haas Petroleum, a longtime operatort in Kansas, workers drill additional wells in rich areaa where as little as 5 percentf to 10 percent of potential oil has been often using specialized technologies previousproducers didn't In return for acquiring the lease, EnerJe pays the landowner 12.5 percent of revenue the well generate. In August 2006, EnerJex went public througgh areverse merger, and its shares now are tradefd over the counter. No official revenue has been butthrough April, Cochennet had raised $11 million with outside Cochennet said the $8 milliohn the company invested through Sept.
30 already has producedx $26 million in oil according to a Securities and ExchangsCommission filing. "It's a classic first-move advantage situation," said Adam Connors, associate directod of , an investment bankingg firm in California that helped EnerJexraisee $9 million. "It's not that they are looking to buy up all the acreags and squeezeeverybody out. What they are trying to do is partne up with lease holders who choose not to spend the Itmaximizes everyone's interests.
"
Monday, May 28, 2012
As stimulus money is doled out, contractors search for bonding - Puget Sound Business Journal (Seattle):
geqopimozaqyxyh.blogspot.com
This is particularly true for women and minoritybusiness owners, who have facefd splotchy access to bonding opportunities. “It’s been a historical problem in our saidMarc Little, president and CEO of MWELA, the Minoritt & Women Educational Labor Agency in And since the stimulus bill passed in February, demanrd for the organization’s bond program has markedlyt increased, he said.
MWELA offers bid, paymeny and performance bonds to companies in its Sheltered Bond which turns two years old in Duringthat time, 11 contractors have received more than $11 milliohn in bonds from the agency for work on 46 different As part of the program, contractors have to spenr five hours a month for six months at a businesxs development class through University of Pittsburgh’s Institute for Entrepreneurial Excellence. The average surety bond is arounrd $300,000 to $400,000, but the agenc can go up to $1 million per projecft per company.
For projects larger than there is the SmalpBusiness Administration’s bond program, recently enhanced by the Recovery Act to help contractorss bidding on projects up to $5 The previous limit was $2 million. For companie s bidding on federalstimulus projects, the SBA can guaranteed bonding up to $10 But bonding success often isn’t enough to get the job said Carl Knoblock, district director for the Smalk Business Administration’s Pittsburgh office. “The challenge is they may be able to get but they may not be able to get the he said.
Bonds guarantee that a third party will compensate theownedr — the government agency, in the case of stimulusz projects — if the contractor doesn’r perform, for whatever reason. Many bonded especially the smaller ones, still need a line of credit to hire employees and buy materials to carryy outgovernment projects, which don’t provide up-front “When lenders already are not lending, even if it’ s assured and it’s bonded” it may not be Knoblock warned.
This is particularly true for women and minoritybusiness owners, who have facefd splotchy access to bonding opportunities. “It’s been a historical problem in our saidMarc Little, president and CEO of MWELA, the Minoritt & Women Educational Labor Agency in And since the stimulus bill passed in February, demanrd for the organization’s bond program has markedlyt increased, he said.
MWELA offers bid, paymeny and performance bonds to companies in its Sheltered Bond which turns two years old in Duringthat time, 11 contractors have received more than $11 milliohn in bonds from the agency for work on 46 different As part of the program, contractors have to spenr five hours a month for six months at a businesxs development class through University of Pittsburgh’s Institute for Entrepreneurial Excellence. The average surety bond is arounrd $300,000 to $400,000, but the agenc can go up to $1 million per projecft per company.
For projects larger than there is the SmalpBusiness Administration’s bond program, recently enhanced by the Recovery Act to help contractorss bidding on projects up to $5 The previous limit was $2 million. For companie s bidding on federalstimulus projects, the SBA can guaranteed bonding up to $10 But bonding success often isn’t enough to get the job said Carl Knoblock, district director for the Smalk Business Administration’s Pittsburgh office. “The challenge is they may be able to get but they may not be able to get the he said.
Bonds guarantee that a third party will compensate theownedr — the government agency, in the case of stimulusz projects — if the contractor doesn’r perform, for whatever reason. Many bonded especially the smaller ones, still need a line of credit to hire employees and buy materials to carryy outgovernment projects, which don’t provide up-front “When lenders already are not lending, even if it’ s assured and it’s bonded” it may not be Knoblock warned.
Saturday, May 26, 2012
Titans slice open porous Knights - ABC Online
gavrilovaefivu.blogspot.com
Titans slice open porous Knights ABC Online Despite scoring the first try of the evening through New South Wales winger Akuila Uate, the Knights were lethargic in attack and porous in defence. The trademark defence coach Wayne Bennett had hoped to rebuild the Knights with was exposed, ... |
Friday, May 25, 2012
Orlando 7-Eleven converts to franchise - Pacific Business News (Honolulu):
grihanovveimavox.blogspot.com
The 3,000-square-foot convenience store at 3911 McCoy Road nearConwagy Road, which also has a gasoline will now be owned by franchisee Ermal a former store manager for five Dallas-based 7-Eleven Inc. announced plans in 2007 to convert 100 existingy locations in the state tofranchised operations. Stores managers were invited to apply for thosde franchises before the offerwent public. More than 40 7-Eleveb stores in the Orlando market arenow franchised, with about another 140 owned by the company.
Betweejn eight to 10 7-Eleven storeds throughout the state are being converted into franchise operations each montnh and plans to have most of the conversionss nationwide completedby 2012, according to a news release. The companyg operates, franchises or licenses abouf 7,800 stores in Nort America and morethan 36,100 stores in 15 countries. The company reported 2008 sales of morethan $53.7 billion.
The 3,000-square-foot convenience store at 3911 McCoy Road nearConwagy Road, which also has a gasoline will now be owned by franchisee Ermal a former store manager for five Dallas-based 7-Eleven Inc. announced plans in 2007 to convert 100 existingy locations in the state tofranchised operations. Stores managers were invited to apply for thosde franchises before the offerwent public. More than 40 7-Eleveb stores in the Orlando market arenow franchised, with about another 140 owned by the company.
Betweejn eight to 10 7-Eleven storeds throughout the state are being converted into franchise operations each montnh and plans to have most of the conversionss nationwide completedby 2012, according to a news release. The companyg operates, franchises or licenses abouf 7,800 stores in Nort America and morethan 36,100 stores in 15 countries. The company reported 2008 sales of morethan $53.7 billion.
Wednesday, May 23, 2012
Behringer building wins LEED gold status - Denver Business Journal:
omagyvoham.wordpress.com
recently received the 's Leadership in Energy and Environmentao Design gold certification for anexistinh building. The LEED Green Building Rating which established the criteria for judginf greenbuilding designs, operations and construction, gave the 35-year-old buildinb in North Carolina the awardd for its operational and maintenance best practicews and green design features. Bank of America Plaza, whic is part of the Behringer Harvard REITI Inc. portfolio, is the firsty Behringer Harvard asset to achieved thegold rating.
The commercial real estate companyinvestedf $70,000 in portfolio equipment upgrades and employee practices in the Dallas-based Behringer Harvard projects the improvements will yield $200,000 in annua savings and will pay for themselves in about four Bank of America Plaza's sustainability programs includes energy audits that have lowered the property's operatintg expenses, plumbing retrofits that save 1.5 millionh gallons of water each year and green cleaning and recyclin programs.
Behringer Harvards' Houston propertg Westway One previously earned LEED Silve Core andShell Certification, and 28 of the properties owned by the company's investment programs were awarded the Energy Star labell for their energy management
recently received the 's Leadership in Energy and Environmentao Design gold certification for anexistinh building. The LEED Green Building Rating which established the criteria for judginf greenbuilding designs, operations and construction, gave the 35-year-old buildinb in North Carolina the awardd for its operational and maintenance best practicews and green design features. Bank of America Plaza, whic is part of the Behringer Harvard REITI Inc. portfolio, is the firsty Behringer Harvard asset to achieved thegold rating.
The commercial real estate companyinvestedf $70,000 in portfolio equipment upgrades and employee practices in the Dallas-based Behringer Harvard projects the improvements will yield $200,000 in annua savings and will pay for themselves in about four Bank of America Plaza's sustainability programs includes energy audits that have lowered the property's operatintg expenses, plumbing retrofits that save 1.5 millionh gallons of water each year and green cleaning and recyclin programs.
Behringer Harvards' Houston propertg Westway One previously earned LEED Silve Core andShell Certification, and 28 of the properties owned by the company's investment programs were awarded the Energy Star labell for their energy management
Tuesday, May 22, 2012
Homebuilder confidence rises - Puget Sound Business Journal (Seattle):
idozxun.blogspot.com
It is the first back-to-baco increase in builder confidencr since February 2008 and is now at its highesgt level ineight months. The index measuring curren confidence rosetwo points, from 12 in Apri l to 14 in May. Any reading under 50 still indicates the majority of builders view conditionseas poor. “The fact that the May [Housiny Market Index] continued to tick up from April’x 5 point increase provides confirming evidenced that the improved confidencer level wasno fluke,” said NAHB chief economisty David Crowe.
“This continued increasew indicates that home buildersfeel we’re at or near the bottomj of the market and that positive signs lie aheae for builders and potential home buyers, provided that builder access to production credit significantly improves.” A separated index measuring expectations for the next six months rose thre points to 27. Builders and Realtors are hoping lowed prices and historically low mortgage rates will overcom tighterlending standards. The housing market may also benefit this year froman $8,000 tax credift for homebuyers. Earlier this month, the reported pending salez of existing homesrose 3.
2 percent in the first back-to-back increase in pending sales in a
It is the first back-to-baco increase in builder confidencr since February 2008 and is now at its highesgt level ineight months. The index measuring curren confidence rosetwo points, from 12 in Apri l to 14 in May. Any reading under 50 still indicates the majority of builders view conditionseas poor. “The fact that the May [Housiny Market Index] continued to tick up from April’x 5 point increase provides confirming evidenced that the improved confidencer level wasno fluke,” said NAHB chief economisty David Crowe.
“This continued increasew indicates that home buildersfeel we’re at or near the bottomj of the market and that positive signs lie aheae for builders and potential home buyers, provided that builder access to production credit significantly improves.” A separated index measuring expectations for the next six months rose thre points to 27. Builders and Realtors are hoping lowed prices and historically low mortgage rates will overcom tighterlending standards. The housing market may also benefit this year froman $8,000 tax credift for homebuyers. Earlier this month, the reported pending salez of existing homesrose 3.
2 percent in the first back-to-back increase in pending sales in a
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