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Wednesday, February 27 Thursday, February 28 Sunday, March 2 Tuesday, March 4 Wednesday, March 5 Thursday, March 6 Friday, March 7 Saturday, March 8 Monday, March 10 Wednesday, March 12 Friday, March 14 Saturday, March 15 Sunday, March 16 Monday, March 17 Tuesday, March 18 Wednesday, March 19 Tuesday, March 25 Wednesday, March 26 |
February 26, 2008 Ulman Travels to India for Economic Development Mission One of the featured meetings is with leaders from the Indian Space Research Organization Leadership Satellite Center, where Ulman will learn more about the Miniature Synthetic Aperture Radar (MiniSAR). The MiniSAR was built in Howard County by The Johns Hopkins University Applied Physics Laboratory and funded by NASA; it will be one of two U.S. scientific instruments on board India’s first mission to the moon, the Chandrayaan-1. In addition to meeting with targeted prospects, the objectives of the mission include promoting increased cross-investment between Howard County and India — the second fastest-growing major economy in the world — providing firsthand market information and business contacts, and developing and expanding strategic relationships with key Indian and U.S. organizations. Ulman will also meet and tour Prism Microsystems, an integrated Information Technology solutions provider whose U.S. office is located in Columbia; Wipro Technologies, the third largest IT services company in India; U.S. Commercial Service representatives; the regional director of the National Association of Software and Services Companies; and the IT secretary for the government of Karnataka.
“In a very real way, the financial security of our families and the strength and health of our communities depends on our ability to help preserve and sustain homeownership in our state. It is time to make the loan servicers part of the solution to protect our families,” said O’Malley. During the work session, the governor will call for a public agreement with major servicers to set a standard for consistent, timely and sustainable loss mitigation services for Maryland homeowners. O’Malley also announced that Maryland has adopted new emergency regulations requiring reports from mortgage loan servicers, detailing their efforts to help homeowners facing default and foreclosure. Maryland is only the second state in the nation to require this data.
Developer MetroVentures was scheduled to break ground in February on Meridian Square, a $12.8 million project that will feature a ground floor with service or retail businesses and upper floors with Class A office space. Now groundbreaking has been postponed until July, said company President Olusola Seriki. Howard County Executive Ken Ulman would like the county to buy one of the floors of the building for $4 million. But Ulman has withdrawn his request for funding and plans to resubmit it in April as part of the fiscal 2009 capital budget, said county spokesperson Kevin Enright. County Councilwoman Mary Kay Sigaty, a west Columbia Democrat, said she has concerns over whether the county needs the space. “I have seen no indication the county needs the space,” she said. “I have no idea whether this is a responsible purchase.” In addition, Councilman Greg Fox, a Fulton Republican, was searching for answers on how the developer was able to obtain exceptions to the county’s parking regulations. The parking spaces allotted in the project’s plan are 25% to 30% less than the county’s current parking regulations allow, Fox said.
The division alleged that David’s Bridal violated the Maryland Consumer Protection Act and the Maryland Layaway Sales Act by charging consumers excessive amounts if they cancelled a layaway purchase or defaulted under a layaway agreement. Under the settlement, David’s Bridal agreed to stop charging consumers cancellation or forfeiture fees that exceeded the limitations imposed by the Layaway Sales Act. It also agreed to pay restitution to the division equal to the amounts it charged Maryland consumers in excess of the limits contained in the Layaway Sales Act. The division estimates the amount of the restitution that it will receive under the settlement to be more than $33,000. David’s Bridal will also pay the division $30,000 for its costs and penalties. “Businesses cannot charge consumers who cancel layaway purchases fees in excess of those permitted by law,” said Gansler. “I am pleased that consumers will be receiving refunds and that David’s Bridal has changed its practices.”
The performance of Howard County students well surpassed the state scores of 59.8% for fifth graders and 61.4% for eighth graders. Six of the county’s elementary schools and six middle schools had more than 90% of their students score at proficient or above. “We are extremely pleased with the performance of our students on this first administration of the science MSA,” said Cousin, “and while these percentages are similar to those we see in reading and mathematics, there are several reasons why the results are quite remarkable.” Cousin pointed out that, unlike other MSAs, the science assessment covers three years’ worth of content. The fifth grade assessment covers material from Grade 3 through Grade 5 and the eighth grade assessment covers the entire middle school science curriculum. On the other hand, the reading and mathematics assessments cover content from only one grade level. Cousin also noted that it has taken years to reach this level of performance on the reading and mathematics MSAs. He attributed this first-round success in part to progress being made in reading and math.
These programs include efforts in the areas of engineering and technical support services required to augment Command and Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) programs and projects through the Space and Naval Warfare Systems Center San Diego (SSC San Diego) C4ISR Programs Office in Philadelphia. Work is expected to be performed through February 2011. This three-year contract contains two one-year options and one three-year option, which, if awarded, would bring the total cumulative value of this contract to $143,017,540.
Maryland is one of only seven states to be awarded the AAA rating, the highest possible rating, from all three major bond rating agencies: Fitch Ratings, Moody’s Investors Service and Standard & Poor’s. The rating means that the state can borrow money to undertake new critical building projects such as public schools, hospitals and prisons while paying relatively low interest rates and saving taxpayers millions of dollars.
“This funding will help us in our efforts to provide our troops with tools to be better informed of enemy activities and to minimize the loss of American lives. We are proud that we are able to help our brave men and women in uniform, and we are grateful to Congressman Elijah Cummings who helped us receive this funding,” said CEO Shirley Collier.
These systems will help scientists measure with far greater accuracy, precision and detail such things as the three-dimensional structure of Mars and other planets and heavenly bodies, as well as cloud composition and other characteristics on Earth to better understand climate change.
The firm’s seven full-time employees and four subcontractors work in the field to provide IT solutions to a host of organizations, including the state of Maryland and commercial clients. It was recently awarded SBA 8(a)/SDB certification and plans to expand into the federal arena.
“Third party logistics companies are attractive targets to invest in, and despite the cooling marketplace, logistics remains a high-growth field that performs well. Investors are realizing the benefits from logistics consolidation,” said Brian Flood, president of LMLG, adding, “The last mile sector of the [third-party logistics] industry, [which is] focused on getting products to the final destination, is highly fragmented. There are tremendous opportunities for greater market density, resource efficiencies, last mile technology applications and brand creation.”
Such purchases may be made in the open market, including through block trades, or in private transactions, at times and in amounts which management deems appropriate. The stock repurchase program can be terminated, extended or limited at any time. Mike Livingston, president and CEO of the company, said, “At its current level, we consider Glen Burnie Bancorp’s common stock to be undervalued. The board is sensitive to this issue and we will consider repurchases of shares at appropriate intervals.”
Those who wish to testify at the meeting must sign up in person and do so individually. One person signing up multiple people to testify will not be permitted. Sign-up will begin at 6:30 p.m., and testimony will be heard on a first-to-sign-up, first-to-speak basis. For those residents who would like to present their testimony via the Internet, the form is available online by clicking on a link on the home page of the county’s web site, www.howardcountymd.gov. Citizens are reminded that testimony submitted via the Internet is considered public information and, as such, is subject to the Freedom of Information Act. A sign language interpreter can be requested for the meeting. To do so, call the Department of Citizen Services, 410-313-6400 or 410-313-6401 (TTY), at least seven working days in advance of the meeting.
The session includes resources, grant search and research tips, as well as planning strategically for grant applications, selecting the best grants, writing for your audience and tips on how to increase your application’s approval odds. Sponsored by the Association of Community Services, the event is open to all Howard County nonprofits. It will be held from 8:30 to 10:30 a.m. at Bridgeway Community Church, located at 9189 Red Branch Road in Columbia. The cost is $20. Call ACS at 410-715-9545 for more information or register at www.acshoco.org.
A media briefing will be held with CEOs at 11 a.m. and legislators who support the repeal of the tech tax at 11:30 a.m., followed by a walk to the House and Senate office buildings to urge lawmakers to repeal the tax. The activity is being coordinated by the Maryland Chamber of Commerce. For more information or to RSVP, contact Will Burns at wburns@mdchamber.org.
“One Night. One Fight.” will be an evening of live music and food at Pazo, a restaurant in the Fell’s Point section of Baltimore City. Crow will be joined by singer and young adult cancer survivor Christine Baze, and the Cancer Dancers, a dance troupe of young adult survivors and siblings. Visit www.ulmanfund.org/sherylcrow for more info on the giveaway. Classifieds Leadership U Class 2008 Recruitment Can you volunteer two hours per month or more to help an older person? February 20, 2-5 p.m. Registration Required. 6 South Ritchie Highway, 410-544-4800, for more info. First Aid for the Entrepreneur is an informative, interactive workshop presented by the Serious Business Discussion Group, an alliance of trusted professionals who specialize in helping entrepreneurs solve their most vexing business challenges. Wednesday, March 12, 8 a.m.-4 p.m. at Howard County Conservancy. For details and to register: www.sbdg.biz March: April: Call The Business Monthly for article ideas and advertising opportunities, 410-740-7300. Classifieds now available on BizWeekly. E-mail news@bizmonthly.com for details. Refer a Friend! Advertise!
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