Duke Energy preparing for Hurricane Joaquin; urges customers to do the same








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CHARLOTTE, N.C., Oct. 1, 2015 /PRNewswire/ — As Hurricane Joaquin continues along its uncertain path toward the U.S. East Coast, Duke Energy crews in the Carolinas are preparing for potential storm impacts from high wind and heavy rain in portions of its already saturated service area.

Duke Energy’s experienced team of meteorologists is monitoring the path and strength of this major hurricane, and the company’s storm team is making sure that adequate equipment, supplies and personnel are available, if needed, to respond to outages.

In addition to line crews, contractors and support teams already in the Carolinas, Duke Energy maintains crews in its Florida and Midwest service areas that are available to deploy for additional support. And the company maintains mutual assistance agreements with peer utilities in the region to secure crews and equipment, as needed, to further enhance response efforts.

As Duke Energy prepares its response to Hurricane Joaquin, the company urges customers to do the same in advance of the storm:

  • Check supplies of flashlights, batteries, bottled water, non-perishable foods, medicines, etc. Also, ensure a portable battery-operated radio, TV or NOAA radio is on hand.
  • Families who have special medical needs or elderly members should closely monitor weather forecasts and make plans for potential alternate arrangements should an extended outage occur.
  • Charge cell phones in advance of the storm to stay connected to important safety and response information.

Stay Safe

Of particular concern is the already saturated ground from multiple days of rain across the Carolinas. The wet ground, coupled with the potential for high winds, may result in downed trees and lines as the storm passes.

  • Stay away from any downed power lines and assume they are energized.
  • Report downed power lines to Duke Energy.
  • If a power line falls across a car that you’re in, stay in the car. If you MUST get out of the car due to a fire or other immediate life-threatening situation, jump clear of the car and be sure that no part of your body is touching the car when your feet touch the ground.

Get Connected

Visit Duke Energy’s storm preparedness website – www.duke-energy.com/storms – for links to outage reporting tools, safety information and tips. There is also an interactive outage map with up-to-date information on power outages, including outage totals systemwide and by county, as well as estimated times of restoration.

Follow these social media accounts to get up-to-date information about outages and restoration efforts:

Report an Outage

Any customer who experiences a power outage should report the outage to the company. The company’s mobile-enhanced website makes it easier than ever to report an outage via mobile device. Customers may also call the company’s automated outage-reporting system:

  • Duke Energy Progress – 800.419.6356
  • Duke Energy Carolinas – 800.POWERON (800.769.3766)

These automated options are the quickest and easiest way for customers to report outages. By entering a phone number or Duke Energy account number, the customer’s outage will be recorded in the company’s system and included in restoration plans.

Customers who report an outage can choose to receive updates via text message or voice message until their outage is restored. Visit www.duke-energy.com/outagealerts for more information or to enroll.

Restoring Power

When there are widespread power outages, Duke Energy follows a restoration process that focuses on repairs that will restore power to the greatest number of customers as safely, quickly and efficiently as possible. Emphasis is placed on vital public health and safety facilities such as hospitals, law enforcement, fire departments, water treatment facilities and pumping stations. This infographic explains the process:
duke-energy.com/pdfs/How-Duke-Energy-Restores-Power.pdf

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at: www.duke-energy.com.

Follow Duke Energy on Twitter, LinkedIn and Facebook.

Media Contact: 
24-Hour: 800.559.3853

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SOURCE Duke Energy

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Rotary Club hears from USO of NC

Erin Smith|Bladen Journal USO of North Carolina Director Renee Lane addressed the Elizabethtown Rotary Club on Wednesday and discussed the services the USO provides for troops and their families.

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ELIZABETHTOWN — The Elizabethtown Rotary Club was treated to a presentation by Renee Lane, director of the Ft. Bragg Center USO, on Wednesday. She was joined by Julie Meloni.

Lane was introduced to the group by Rotarian Eddie Madden, who explained to the group how he came to meet Lane.

“Some time ago Dr. (William) Findt attended an exercise on Ft. Bragg and met Gen. Joseph Anderson,” said Madden.

He continued by saying Findt had invited Gen. Anderson to speak to the Boy Scouts about the importance of character. Madden said that it was at that event that he met Anderson and, along with Elizabethtown Mayor Sylvia Campbell, talked to Gen. Anderson about a partnership with the base.

“In a period of three weeks Gen. Anderson made two visits to Elizabethtown,” said Madden.

He added during one of those visits, Madden mentioned the 8K Wounded Warrior Run.

“Gen. Anderson said ‘I need to hook you up with Renee Lane at the USO,’” said Madden.

Lane opened her remarks by saying the USO of North Carolina’s mission is to “lift the spirits of the troops and their families.”

“It means a lot for these troops,” said Lane of the USO.

She said since 1941 USO has served 575,000 troops, active duty, National Guard, Reserve, and retirees.

“USO of North Carolina is a charter, so whatever we raise here, stays here,” said Lane.

She told the group that USO receives no funding from the state or federal government. Lane said the funding the USO receives comes from businesses, organizations and individuals.

Lane said the services provided to the troops by the USO staff and volunteers are completely free.

USO of North Carolina has 24 employees and more than 800 volunteers across the state poised to troops and their families, according to Lane. She told the group and USO of North Carolina has earned a four star charity rating from Charity Navigator and a Gold Guide Start.

Lane told the group and 92 cents of every dollar donated goes back into the USO centers.

The USO Centers in North Carolina are located at Charlotte-Douglas International Airport, Fayetteville Airport, Fort Bragg, Jacksonville/Camp Lejeune, Raleigh/Durham International Airport and a mobile unit.

Lane said that USO 0f North Carolina provides programming for the troops as well as their family. She said they offer such programming as care packages and rack packs for troops, support of the injured and wounded, birthday cupcakes for soldiers, phone cards, United through Reading programs, troop events, a Kidz Korner, emergency travel assistance, programs that the troops leaving the military service to prepare to transition to civilian life and programs for families to help them to adjust to having their soldier back home after a deployment.

For information abotu USO of North Carolina, visit them on the web at www.uso-nc.org.

Erin Smith can be reached by calling 910-862-4163.

By Erin Smith

erinsmith@civitasmedia.com

englewoodindependent

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Asheville job totals an August record – Asheville Citizen

The Asheville metro area has set another job record, according to data released Wednesday by North Carolina’s Department of Commerce.

August marked the 11th consecutive month with the highest level of nonfarm payroll employment ever for that month in Asheville, said James F. Smith, chief economist for Asheville-based Parsec Financial Inc., a wealth management advising company.

Buncombe, Haywood, Henderson and Madison counties — the federally designated Asheville Metro Statistical Area — attained a record 181,800 jobs in August, according to state commerce data.

Of that total, 28,500 jobs were in leisure and hospitality, or 15.7 percent, and 25,400, or 14 percent, were in retail trade. Those are the Asheville economy’s two largest sectors by people employed.

Figures are estimates and not seasonally adjusted, which means government officials have not accounted for hiring fluctuations that occur depending on the season.

“Having an 11-month trend of each month being better than ever before means that Asheville is growing and thus providing new opportunities for all qualified workers,” said Smith, who also has served as a senior economist at the Board of Governors of the Federal Reserve System and as a consultant to the U.S. Council of Economic Advisers.

“For people with a good work ethic and at least a high school degree, it means there are likely to be good options for them to find a job in whatever field they want,” he said.

But many Asheville-area residents lament the dominance by the retail and tourism sectors of the local economy. They say those industries’ relatively low pay make affording to live here challenging.

Average annual wages last year for retail trade jobs in the Asheville metro area were $24,758, according to U.S. Bureau of Labor Statistics data.

Average annual wages last year for leisure and hospitality jobs in the Asheville metro area were $17,602, according to U.S. Bureau of Labor Statistics data.

The federal government defines the leisure and hospitality sector as employment in arts, entertainment, recreation, accommodation and food services.

Of the complaints targeting Asheville’s economy, Smith said “everyone has to start some place” and “very few people stay in the same job for a lifetime these days.”

Smith added “Asheville is not perfect nor is any other place on Earth.” But, he said, the region does “offer plenty of opportunities to find satisfying employment in a most lovely environment” — not a bad value proposition and many people are getting that.”

August also marked the 61st-straight month of year-over-year job growth, said Tom Tveidt, an Asheville-based research economist.

A range of public policymakers and business analysts rely on figures compiled by Tveidt, owner of SYNEVA Economics LLC, a consulting firm that focuses on local and regional analysis.

“At just over five years, this is the longest streak of unbroken employment growth we experienced since the 1990s,” said Tveidt, who also is past chair of the Virginia-based Council for Community and Economic Research.

“The numbers are a clear testament to the economy’s stability and steady expansion,” he said.

Smith also pointed good news on the wage front, at least in Buncombe County.

“Buncombe ranked well below the national average for weekly wages in the fourth quarter of 2014 but 50th among all 3,144 counties in the U.S. with its 4.9 percent increase over the fourth quarter of 2014,” Smith said. “That news should attract more people here.”

Bureau of Labor Statistics data show Buncombe’s 2014 fourth-quarter weekly wages remained at $797. North Carolina’s was $890, and the country’s was $1,035.

Buncombe and Henderson counties ranked first and third, respectively, in August unemployment rates, according to Wednesday’s North Carolina Department of Commerce data.

As usual, the Asheville metro recorded the state’s lowest metro unemployment rate.

The Buncombe County unemployment rate was 4.6 percent, and Henderson’s was 4.8 percent. Henderson tied with Wake County for third-lowest in North Carolina. The metro figure was 4.8 percent. Statewide, unemployment was 6.1 percent. The U.S. unemployment rate was 5.1 percent.

All figures improved over August last year.

Commerce officials plan to release North Carolina September county and metro-area employment and unemployment data on Oct. 28, said spokesman Larry Parker.

Unemployment figures

Buncombe County

August: 4.6 percent

August 2014: 4.9 percent

Haywood County

August: 5.3 percent

August 2014: 5.7 percent

Henderson County

August: 5 percent

August 2014: 5.1 percent

Madison County

August: 5.9 percent

August 2014: 6.2 percent

Transylvania

August: 5.6

August 2014: 5.9 percent

Asheville metro area

August: 4.8 percent

August 2014: 5.1 percent

North Carolina

August: 6.1 percent

August 2014: 6.5 percent

United States

August: 5.1 percent

August 2014: 6.1 percent

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BB&T acquires stake in leading Lloyd’s broker








WINSTON-SALEM, N.C., Oct. 1, 2015 /PRNewswire/ — BBT IHC International Ltd., a subsidiary of BBT Corporation (NYSE: BBT), announced today it has reached an agreement to enter into a partnership with Willis Group Holdings (NYSE: WSH), the global risk advisor, re/insurance broking and human capital and benefits firm, and Miller Insurance Services LLP, a specialist wholesale insurance broker operating internationally and a top five Lloyd’s broker.

On June 1, 2015, Willis announced that it had acquired an 85 percent interest in the Miller partnership. Partners of Miller retain the remaining 15 percent interest which will be transferred to new generations of Miller partners in perpetuity. Willis’ acquisition of an 85 percent stake in Miller Insurance Services LLP was completed through Miller 2015 Limited, a subsidiary of Willis established exclusively to house this partnership.

BBT has agreed to acquire 19.9 percent of Miller 2015 Limited from Willis, resulting in a 16.9 percent interest in Miller Insurance Services LLP. 

“The Lloyd’s market is a global center of excellence for specialty insurance and is strategically important to BBT Insurance Holdings. This investment establishes stronger connectivity with the Lloyd’s market and provides greater certainty of high quality access for BBT Insurance.  Miller has been a strong and valuable partner. We are pleased to be able to deepen our relationship through an ownership stake and enhance BBT Insurance’s overall customer value proposition and offering,” said John Howard, vice chairman and CEO of the Wholesale and Specialty division of BBT Insurance Holdings. Howard was recently named chairman and CEO of BBT Insurance Holdings Inc. effective Jan. 1, 2016.

The transaction is subject to customary closing conditions including regulatory approval and is expected to close in the fourth quarter of 2015. Terms of the transaction were not disclosed. This transaction was contemplated in BBT’s capital plan that has been approved by the Federal Reserve as part of the 2015 Comprehensive Capital Analysis and Review (CCAR) and does not change BBT’s previously announced capital actions.

Deutsche Bank Securities Inc. served as financial advisor to BBT. Willkie Farr Gallagher LLP and Wachtell, Lipton, Rosen Katz served as legal counsel to BBT in this transaction.

About BBT Insurance Holdings
Raleigh, N.C.-based BBT Insurance Holdings, the fifth largest insurance broker in the U.S. and the sixth largest internationally, is a wholly owned subsidiary of BBT Corporation. BBT Insurance Holdings operates approximately 200 insurance agencies through subsidiaries BBT Insurance Services, BBT Insurance Services of California, McGriff, Seibels Williams, CRC Insurance Services, AmRisc, Tapco Underwriters and Crump Life Insurance Services. Visit Insurance.BBT.com to learn more.

About BBT
BBT is one of the largest financial services holding companies in the U.S. with approximately $210 billion in assets and market capitalization of approximately $31.3 billion, as of August 17, 2015. Based in Winston-Salem, N.C., the company operates 2,149 financial centers in 15 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BBT is consistently recognized for outstanding client satisfaction by the U.S. Small Business Administration, Greenwich Associates and others. BBT has also been named one of the World’s Strongest Banks by Bloomberg Markets Magazine, one of the top three in the U.S. and in the top 15 globally. More information about BBT and its full line of products and services is available at BBT.com.

SOURCE BBT Corporation

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Visit PR Newswire for Journalists, our free resources for releases, photos and customized feeds. You can also send a free ProfNet request for experts.

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Editorial: Keep sports complex proposal

As Greenville prepares to welcome more than 500 state tourism leaders to the 2017 Visit NC 365 Conference, city and county leaders will reassess this area’s potential for raising its profile as a travel destination. One avenue for doing that is via the sports travel industry.

The Conference is scheduled for March 12-14, 2017, at the Greenville Convention Center.

The City Council last year toyed with the idea developing a new $12 million, multi-use sports complex. It was seen as a project that could serve area residents while drawing more travel-team tournaments — a source of tourism revenue that has seen tremendous growth during the last decade.

The Greenville Bond Advisory Committee ultimately dropped the proposed complex from projects included in a municipal bond issue that voters will consider on Nov. 3. But the notion of developing a large, multi-use sports complex remains in line with Greenville’s long recognition as a sports-friendly city. It’s an idea that should remain on the table for consideration as Greenville prepares to showcase this area’s potential for tourism growth.

Officials with the Greenville-Pitt County Convention Visitors Bureau have a long list of items that already contribute strongly to the state’s $21 billion tourism industry. Add to those billions the money that goes back into the economy from businesses and workers serving the needs of both business and recreational travelers.

Pitt County has a plethora of hunting, fishing, camping and other opportunities for exploring the coastal wilderness unique to eastern North Carolina. Greenville’s status as a hub for industry, health care and higher education make it a natural base for exploration among those who travel here for business and want to experience the region.

Another topic of discussion during Visit NC 365 Conferences, this year and next, will be the N.C. Division of Parks and Recreation’s work toward a master plan for the long-awaited Mountains-to-Sea State Trail. The 1,000-mile trail will link Clingman’s Dome in the Great Smoky Mountains to Jockey’s Ridge State Park on the coast. Nearly two-thirds of the trail is open for use, with a portion of the “planned” section passing through Lenoir and Craven counties just south of the Pitt County border.

As important as this region’s natural resources are to anchoring the local travel industry, other avenues for attracting visitors cannot be overlooked. Cities nationwide are recognizing the tax-revenue-producing value of catering to the sports travel industry, and Greenville should continue to explore investing in that area of tourism development.

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Clearing the air on North Carolina’s pollution progress

NC DEQ Secretary Donald van der Vaart – our state’s top environmental cop – raised a few eyebrows recently when he sent out an invitation to a party this week at his agency.

Come celebrate North Carolina’s clean air, the secretary’s invite gushed, and the Department of Environmental Quality staff who accomplished this great achievement.

To be clear, no one disputes that North Carolina’s air is a lot cleaner than it was a few years ago. In 1999, North Carolina had 111 orange or red warnings for “bad air days.”

Last year there was none.

Nor does anyone begrudge taking time to thank DEQ professionals for their hard work on the often unseen and thankless task of enforcing the laws that keep us all healthy and our air clean. Clean air saves lives, because air pollution leads to higher death rates from diseases like pneumonia, asthma and emphysema.

What surprised so many people about the invitation was that it came from a secretary (and a department and an administration) that has done so much in recent months to thwart efforts to continue our progress on air quality.

After all, this is the same secretary who has opposed the air pollution reduction goals under the new federal Clean Power Plan – even though van der Vaart has stated publicly that North Carolina would not have any trouble meeting the plan’s carbon reduction goals.

And while other states are moving forward on plans to comply with the new standards, van der Vaart rejected a written request of 57 local elected officials who asked him to lead the state in a stakeholder process to implement the rules in a way that works for North Carolina and its economy.

What’s more, van der Vaart has recently proposed allowing a large number of smaller air pollution emitters to simply register with the department – rather than requiring them to apply for permits, which comes with a higher degree of review.

That’s why so many of us concerned about air quality in North Carolina found the secretary’s party invitation a bit tone-deaf.

I’m from Western North Carolinian, and our community – including residents, businesses and public health officials and doctors and parents and many others – sounded the alarm more than a decade ago and took the lead in tackling North Carolina’s air pollution problems. Their efforts started in Western North Carolina and spread across the state until the General Assembly approved the Clean Smokestacks Act in 2002.

Back then – and just like now – opponents of cleaning up our air predicted that (forgive the pun) the sky would fall on our economy if we approved higher standards to protect public health.

Unfortunately, van der Vaart seems to be echoing those same, false assertions now, as we decide as a state how to comply with the new federal air protection rules.

Of course, the economy didn’t falter after the Clean Smokestacks Act was approved. Just the opposite. The air got cleaner, children and the elderly stayed healthier, and, in my part of the state, the trees stopped dying. Now tourism is soaring. In 2014, Asheville broke new records for both revenues generated from tourism and visits with more than 10 million people traveling to the area to enjoy our clean mountain air.

So when van der Vaart celebrated our clean air, here’s hoping he remembered to thank the citizens and policymakers of North Carolina who made that achievement possible – and that he starts listening to those who want to continue that progress today.

Julie Mayfield is co-director of MountainTrue, a conservation organization focused on 23 Western North Carolina counties.

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Panthers camp sets record for economic impact

By Matthew Clark
mclark@scbiznews.com
Published Sept. 29, 2015

The Carolina Panthers have been quite a draw over the first three games of the regular season. In their first two home games, the National Football League franchise based in Charlotte has drawn 146,656, ranking eighth best in the league.

But, before the season got started, it was Spartanburg that reaped the benefits. According to Chris Jennings, director of the Spartanburg Convention and Visitors Bureau, the Panthers training camp held over 20 days at Wofford College sparked more than $8 million in economic impact for the city and county. Jennings said that is a record for impact of the Panthers.

Carolina Panthers quarterback Cam Newton (red jersey) helps break the team down following a preseason scrimmage with the Miami Dolphins a Wofford College in August. (Photo by Melissa Melvin-Rodriguez)

Carolina Panthers quarterback Cam Newton (red jersey) helps break the team down following a preseason scrimmage with the Miami Dolphins a Wofford College in August. (Photo by Melissa Melvin-Rodriguez)

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Early estimates were in the neighborhood of around $6 million.

“We kind of blew that out of the water,” Jennings said. “Now, that we have all the numbers in, to have an $8 million impact is tremendous and shows the commitment in Spartanburg County.”

A research report from Clemson researcher Bob Brookover, showed the economic impact of the Panthers’ camp also supported 174 jobs and produced $1.8 million in local and state tax revenue. Last year, the Panthers’ camp generated around $5.2 million and had approximately 49,000 visitors compared with the more than 77,000 visitors to Panthers’ camp this year, also a record.

“There are only 11 communities nationwide that host offsite training camps. Spartanburg is one of those communities, and the partnership between the city, the Panthers and Wofford College is stronger than ever,” said Allan Smith, president and CEO of the Spartanburg Area Chamber of Commerce. “There are $8 million reasons why Spartanburg and the business community look forward to seeing the Panthers every year.”

Brookover’s report also showed that the impact of visitors coming to Spartanburg from 50 miles away or more was $5.2 million. Jennings said Greenville was the metro area with the most visitors but Charlotte, Columbia and Greensboro, N.C., also ranked high.

“It was a good mix of North Carolina and South Carolina,” Jenkins said.

The Panthers are just part of the economic impact pie for Spartanburg. According to Jennings, tourism has become quite a boon for the area as more than 1,000 tourism-related jobs have been created in Spartanburg since 2009.

Tourism impact output has also increased over the last six years. Jennings said nearly $225 million has been output in 2013-14 compared with around $160 million in 2008-09.

An even bigger draw than the Panthers’ camp this year was a pair of softball World Series tournaments hosted in Spartanburg. Between the ASA and NSA softball tournaments, there was a total impact of $10.57 million in 2015. Those two tournaments generated net state government revenues of $1.88 million and local revenues of $584,000.

“Youth sports have really paid off here,” Jennings said. “You don’t get them every year; in fact we may not get anything like it until 2017, but we are working to bring more of that business back here.”

Additionally, Jennings said the tournaments supported 230 jobs in Spartanburg County and kept 17 of the county’s 34 hotels occupied.

“Folks are spending money on hotels and restaurants, and the hospitality tax goes to the parks department,” Jennings said. “It is good all the way around.”

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North Carolina editorial roundup

Recent editorials from North Carolina newspapers:

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Sept. 28

Wilmington (North Carolina) Star News on what people can learn from middle school gun incident:

With what we’ve witnessed in places such as Columbine and Sandy Hook, it’s no surprise that word of a gun at a school strikes horror in parents. It didn’t take long this school year for such an event to occur, as a 14-year-old girl was found to have a loaded handgun in her backpack Sept. 18 at Williston Junior High.

It’s not known what the girl’s intentions were, but for the most part, the scary incident seems to have played out about as well as we could have hoped.

Because the incident involved a juvenile and because of a plethora of student privacy laws, details on exactly what happened remain unclear, at least to the public. Law enforcement and school officials know more about what happened than they believe they are legally able to disclose.

The StarNews has continued to ask for details, but, for now, we will have to trust that officials are doing the right thing regarding the student as well as any safety procedures that may need to be revisited.

We do know that someone either knew the girl had a gun or suspected she did and got word to a sheriff’s deputy at the school. The deputy promptly and, it seems by official accounts, very calmly approached the girl and asked if she had something she wasn’t supposed to have in school. New Hanover Schools Deputy Superintendent Rick Holliday said the girl handed the deputy her backpack, which contained the gun.

We say “well done,” first to the person who did the right thing by alerting the deputy, and second to the way the deputy responded quickly and effectively without escalating the situation.

Even though the incident ended peacefully, some parents have criticized officials for not using the school’s notification system to let parents know what had happened. Even though the incident happened at 8 a.m. and was quickly diffused, some parents were upset that they heard about it first from media outlets or their children. Some said they were caught by surprise and were not prepared to talk to their children about it.

That’s a reasonable concern, and something school system officials should re-evaluate. It’s better to err on the side of over-informing parents, especially when there had been someone on campus with a gun.

Holliday said that there was no direct threat to anyone, but that seems a little Pollyannaish. When a person has a loaded gun at a school, who knows what scenario could have played out, regardless of the girl’s intentions.

Online:

http://www.starnewsonline.com

____

Sept. 28

Gaston (North Carolina) Gazette on compromise budget restoring tax credit for property owners who restore historic buildings

North Carolina’s compromise budget restores the tax credits for property owners who restore historic buildings. The rest of us should be grateful.

The penny pinchers in the General Assembly had abolished North Carolina’s long-standing historic preservation tax credit in their last budget round. Local officials, preservation groups and Gov. Pat McCrory — a man not often accused of tax-and-spend liberalism — had urged the legislature to bring the tax credit back.

The new version doesn’t seem as generous as the old one, which allowed tax credits of up to 30 percent on some rehabilitation projects. The budget compromise allows up to $8 million in funding for the credits in fiscal 2016-17. Still, that’s better than what we have now, which is zilch.

As most homeowners eventually learn, old buildings cost more to keep up than new ones. In purely economic terms, it’s often more sensible just to tear down and build over.

Renovation and rehabilitation does, however, bring a lot of economic benefits. Workers get hired; property owners buy a lot of lumber, paint and other supplies. The General Assembly’s fiscal research division did the math and found that the credit would generate 2.5 times as many jobs as a tax cut.

Since 1998, the old tax credit had generated an estimated $1.6 billion investment on 2,400 historic projects scattered around the state. That amount of benefit should never have been thrown away lightly.

About the program

The historic tax credit program provides an incentive to taxpayers who contribute to the preservation of historic buildings by rehabilitating them in a way that preserves the historic character of the building while allowing for new uses.

Since 1998, 2,483 historic tax credit projects have been completed statewide, bringing $1.486 billion of private investment into North Carolina communities, boosting local economies and creating jobs while preserving communities’ historic cores and our state’s priceless historic character.

HTC projects have taken place in 90 of North Carolina’s 100 counties, from rural to suburban to urban communities.

Eligibility for this program is limited only to those historic properties listed in the National Register of Historic Places. The continued potential for rehabilitation projects is great, and the potential for loss of these buildings without this incentive is likewise great.

Non-economic impacts of the HTC incentive program include quality-of-life enhancements, such as the reuse of iconic neighborhood schools, downtown revitalization and affordable housing.

Cultural and heritage tourism thrive with the private preservation of “authentic” North Carolina historic buildings. Heritage tourism is a vital industry and economic driver in North Carolina.

Buildings rehabilitated with a historic tax credit are often landmark buildings in communities, and vital to the community’s identity and attractiveness to residents and visitors alike.

They build safe communities by reversing crime and blight — local investment in rehabilitating vacant or dilapidated buildings gives criminals fewer places to engage in criminal activity — be it drug transactions, arson or vandalism — and decreases ugly blight by caring for buildings that would otherwise detract from neighborhood stability and property values.

Online:

http://www.gastongazette.com/

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September 23

The News Observer of Raleigh on a lawmakers leaving NC with tangles incentives plan:

Job creation, much ballyhooed by candidate Pat McCrory when he was seeking the governorship, has been decidedly underwhelming since he and fellow Republicans took control of the legislative and executive branches of state government in 2013. (The GOP gained legislative control two years earlier.)

The problem has been that Republicans didn’t have any job creation plan except for tax cuts for the wealthy and businesses, a flashback to the failed trickle-down economics of the Reagan era. As witnessed by their debate over building an incentives package for business recruiting and extending tax breaks for specific businesses, Republicans can’t even agree on whether incentives work.

Instead, North Carolina could put money into an entrepreneurial fund to encourage professors and others with ideas for innovation to start businesses. The state could build up a rural economic development center like the one Republicans gutted. And the Commerce Department, which under the governor was supposed to form some whiz-bang, public-private business recruiting organization, could take that stalled effort and try to reorganize.

What the state is doing, or isn’t doing, will not bring businesses and jobs without those in charge having an idea about how to start the engine of job creation, and the Republican leadership doesn’t seem to have a clue. Their promises about job creation that would keep up or exceed population growth haven’t been kept.

Online:

http://www.newsobserver.com

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Lindsey Simerly

  • Website: lindseyforcouncil.org
  • Employment: Manager, WE DO campaign, Campaign for Southern Equality
  • Party affiliation: Democrat
  • Previous candidacy: Ran for Asheville City Council in 2007

What are three achievable goals that you would champion in the next two years?

Fully fund the Affordable Housing Trust Fund. Then work toward mandating the inclusion of an affordable housing component in new projects by developers. Three cities in North Carolina have such requirements: Carrboro, Chapel Hill and Davidson. If they can implement this policy, which has proven the most effective way to create new affordable housing units nationwide, so can we. Finally, I would support after-school programming in targeted communities and seek ways to use community development block grants to pay for it.

What are the best strategies for increasing affordable housing in Asheville?

We need to address this problem now rather than waiting for it to become even more daunting years down the road. First, fully fund the Affordable Housing Trust Fund at the original level: 1 cent per $100 of taxation. Second, increase density citywide by tweaking ordinances such as the one making it easier for people to build accessory dwelling units. Third, get developers to include affordable units in new development. As the chair of the Affordable Housing Committee, I’ve been glad to see affordable housing receiving more attention recently: We are now moving toward solutions.

What is one recent City Council decision you don’t agree with, and how would you have handled it differently?simerly2

I would have voted to fully fund the Affordable Housing Trust Fund this year.

What makes Asheville home for you?

I moved here as a homeless gay teenager, because I heard Asheville was a more accepting community. I first found work at Waffle House and in construction. I finally saved enough for a deposit on a crappy small apartment. I wondered how it could be that I was working so hard and yet still found it difficult to meet my basic needs. That led me to get involved in politics. Now I’ve gone from homeless to homeowner. I plan to get married and raise children here. I bring a different perspective of lived experience, and that’s why I want to serve as Asheville’s first openly gay elected official.

Do you support expanding the tourism industry, or should we focus on other areas of economic development? Or do you think government shouldn’t play a role?

Tourism has always been a part of Asheville and WNC, and it’s an important piece of our economic puzzle. But the industry pays many in it less than a living wage. The economic balance is off right now. The city and county get very little back from the hotel occupancy tax to help us meet the increased demands tourism places on our fire and police services, roads and parking. We need to attract and grow truly living-wage jobs for the long haul, and we need to keep our money in this community.

A recent study showed that Buncombe County had lower growth in middle-class jobs than other areas. What can the city do to address this?

The city needs to find ways to provide concierge-style service for entrepreneurs. We should focus on growing the economy by supporting businesses already here, especially minority-owned businesses. We can look at increasing our partnerships with Mountain BizWorks and Self-Help Credit Union.

With Asheville growing so fast and several new hotels being built downtown, how do you plan to address the inevitable traffic problems on city streets and I-240?

The best way of dealing with traffic is encouraging multimodal transportation and alternate forms of transit. Surveys show that 85 percent of our current bus riders are people who have no other choice. Only 15 percent of our ridership is actively choosing that form of transportation The better our bus system is, the more people will ride it. We also need to look at increasing parking fees downtown to incentivize ride-sharing and transit use, generate revenue for the city and reduce traffic.

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