38 Vermont towns will share $347,291 for planning projects

first_imgThe state has awarded nearly $350,000 in Municipal Planning Grants to thirty-eight communities across the state to help them plan for growth and development. Officials at the Vermont Department of Economic, Housing and Community Development announced the Municipal Planning Grants of up to $15,000, which can be used for a variety of planning projects. These grants support the planning activities that are at the heart of Vermont s Smart Growth strategy, said Tayt Brooks, Commissioner of the Department of Economic, Housing and Community Development. While the budget crisis has curtailed the amount available, these investments will help promote economic activity, community development and housing in our downtowns and village centers, while protecting Vermont s working landscape.The Municipal and Regional Planning Fund was first established in 1988 as a way to support municipal planning and development.  The program offers grants of up to $15,000 to help Vermont municipalities develop their town plans and to conduct special planning projects. Through a competitive process, 38 towns across the state were awarded funds for a diverse collection of planning projects.  A number of projects are planning activities to support updating town plans, maps and zoning bylaws. There are also projects relating to downtown and village revitalization, growth center planning and economic development planning efforts.As part of Governor Jim Douglas E-State Initiative, these grants are now applied for, approved, and administered completely on-line. This is how we are using technology to be more efficient in state government, Brooks said. Making the process of applying for and administering grants paperless makes the process faster, less costly, and less time-consuming for both the applicant and our staff.With no local matching funds required, this is one of the few state grant programs accessible to even the smallest of Vermont municipalities.  Communities have 18 months to complete their planning projects. For more about the Municipal Planning Grant site please visit:  www.dhca.state.vt.us/Planning/MPG.htm(link is external)Source: Economic Development. 6.2.2010. $26,153 GRANT AWARDS Northern Vermont Development AuthorityTown of BurkeTown Plan and Zoning Update$14,655 Town of ConcordZoning and/or Subdivision Bylaw Update$8,655 Town of DerbyMunicipal Plan Update$7,175 Town of GranbyZoning and/or Subdivision Bylaw Update$4,940 Total Two Rivers-Ottauquechee Regional CommissionTown of Bradford Zoning and/or Subdivision Bylaw Update$4,540Town of BarnardZoning and/or Subdivision Bylaw Update$2,825Town of Hartford Highway Specifications$9,650Town of PlymouthMunicipal Plan Update$2,545Town of Randolph Economic Development Plan$7,475Town of StraffordUnified Bylaws$11,425Town of TopshamMunicipal Plan Update$3,075Town of West Fairlee Municipal Plan Update$5,540Total $19,328 $38,774 Southern Windsor County Regional Planning CommissionTown of ChesterZoning and/or Subdivision Bylaw Update$10,150Town of LudlowMunicipal Plan Update$10,350Total Windham Regional CommissionTown of BrattleboroMunicipal Plan Update$15,000Town of GuilfordZoning and/or Subdivision Bylaw$5,000Town of PutneyMunicipal Plan Update$12,450Total Northwest Regional Planning CommissionCity of St. AlbansMunicipal Plan$15,000Town of North HeroZoning and/or Subdivision Bylaw$10,000Town of St. AlbansZoning and/or Subdivision Bylaw Update$15,000Total $32,450 Lamoille County Planning CommissionTown of BelvidereHistoric Schoolhouse Feasibility Study$6,721Town of Hyde ParkMunicipal Plan Update$12,740Town of JohnsonMunicipal Plan Update$2,325Total Chittenden County Regional Planning CommissionCity of BurlingtonMunicipal Plan Update$14,999Town of HinesburgGrowth Center Plan$15,000City of South BurlingtonZoning and/or Subdivision Bylaw Update$8,775Total $27,350center_img $47,075 $40,000 Central Vermont Regional Planning CommissionCity of BarreMunicipal Plan Update$15,000City of MontpelierZoning and/or Subdivision Bylaw Update$15,000Town of WaitsfieldOther$8,450Total  Bennington County Regional CommissionTown of BenningtonMunicipal Plan Update WT other$3,500Town of StamfordMunicipal Plan Update$7,428Town of WoodfordMunicipal Plan Update$8,400Total  $38,450 Addison County Regional Planning CommissionMunicipalityProject TypeOffered Town of BristolZoning and/or Subdivision Bylaw Update$12,350City of VergennesZoning and/or Subdivision Bylaw Update$15,000Total $35,425 Rutland Regional Planning CommissionCity of RutlandDowntown Traffic Study $15,000Town of KillingtonOfficial Map $1,870Town of Mount HollyAffordable Housing Studies $4,283Town of PoultneyMunicipal Plan Update $5,000Total $21,786 -30- Grand Total   $347,291 $20,500 last_img read more

Aon: factor investing overcrowding fears ‘not justified’

first_imgCiting data from Morningstar, Aon pointed out that smart beta ETFs had $797bn (€724bn) of assets at the end of 2018, having grown at a compound annual growth rate of 29% between 2012 and 2018. However, they still represented 20% of the total ETF market, which stood at $5bn at the end of 2018.By comparison, passive funds at large, including ETFs and mutual funds, went from 14% of the US market in 2005 to 37% by the end of 2018.In terms of valuations, since 2012 the momentum factor has become increasingly expensive compared with the MSCI World, while low volatility and quality have not risen to the same extent, as measured on a price to earnings basis.Given the strong performance of the equity markets, these movements are to be expected, according to Aon, and are not explained by the growth of fund flows into factor strategies.The paper said: “Overall, the evidence for overcrowding is weak. From a flows standpoint, factor-based funds have certainly been popular, but this popularity has been dwarfed by the wider trend towards passive investing and away from active investing.” Despite the significant flows into factor investing strategies, fears about overcrowding are not justified, according to Aon.In a paper titled Factor Investing – Standing out from the Crowd, the consultancy makes the case that the evidence of overcrowding in factor strategies is not strong enough to support the idea that flows into the sector are eroding factor premiums on a permanent basis.Andrew Peach, principal consultant and one of the authors of the paper, said: “Given the growing popularity of factor strategies, clients often ask us, if everyone is doing this, does the benefit go away?“Our principal stance is that these are separately identifiable rewarded risks that exist for structural reasons. Therefore, even if everyone piles in, these risks should not be arbitraged away.” He added: “Each of the individual factors can operate its own cycle. They can be relatively more or less attractive than their peers over the market cap index at any given time. But these premia exist because there are risks that not everyone wants to take.“As a result, these premia for allocating to a risk factor ought to remain on a long-term basis.”It is unrealistic to foresee a situation where factor premiums are wiped out completely, owing to the majority investors allocating to factors, said Peach.“There is always a role for active management in price discovery. At the same time, it is highly unlikely that investors would allocate to factors defined in the same way.”The consultancy used trends in investor flows and relative valuations as a proxy for overcrowding. The growing popularity of factor strategies has to be put into context with the remarkable growth of passive strategies, according to Aon’s paper.center_img “Likewise, from a valuation standpoint, the evidence suggests variability and certainly some periods when a particular factor has become more expensive relative to history and the market cap index. But it does not suggest anything permanent or particularly concerning.”However, the consultancy noted that on a long-term basis, the premiums for the value and momentum factors have fallen. Possible explanations for the erosion of the value premium are the strong weight of financials within value portfolios and the strong performance of the technology sector within market cap indices.The erosion of the momentum factor is linked with the behaviour of the whole market cap index, which has been increasingly momentum-driven, according to the paper.While overcrowding should be a concern, Aon said that the erosion of certain factor premiums must be watched closely.The spread and variability of relative valuations support the case for a multi-factor approach, added Aon.last_img read more

Angels’ Shohei Ohtani to undergo season-ending knee surgery

first_img Angels offense breaks out to split doubleheader with Astros Newsroom GuidelinesNews TipsContact UsReport an Error Shohei Ohtani will miss the final 15 games of the season after the Angels announced that he will undergo left knee surgery on Friday to correct a congenital condition that has been bothering him occasionally since February.The timetable for recovery from this surgery is eight to 12 weeks. The Angels expect Ohtani to continue throwing a few weeks into that, and still be able to conclude his pitching rehab from Tommy John surgery in December, General Manager Billy Eppler said.Ohtani has a bipartite patella, the Angels said. That means that his knee cap never developed normally as one bone, instead remaining split into two. It’s a rare condition that affects less than 3 percent of the population. Eppler said it is often without symptoms, and Ohtani had not mentioned it bothering him in his career prior to this year.The Angels didn’t realize Ohtani had the condition until spring training, when he mentioned discomfort in his knee and the Angels had him undergo an MRI. Angels’ Shohei Ohtani spending downtime working in outfield After the 2018 season, he had Tommy John surgery, which limited him to hitting this year. Although his offensive numbers have declined since last year – he hit .286 with 18 homers and an .848 OPS – Eppler said he didn’t believe the knee issue was the cause. Ohtani has hit the ball just as hard this season, but with mechanical issues that caused him to lower his launch angle.The Angels are counting on Ohtani to return next season as a member of their starting rotation, which this season has been ravaged by injuries and ineffectiveness. Eppler said this week the plan for next year was to have Ohtani pitch once a week and be the designated hitter four times a week, which would make about 25 starts and about 350 plate appearances.Eppler said there is no concern this will remain an issue once it’s surgically corrected.“From our understanding, when this is operated on, it’s generally in the rear view mirror of the patient,” Eppler said. Angels’ Mike Trout working on his defense, thanks to Twitter center_img The reigning American League Rookie of the Year, Ohtani made a historic splash in the big leagues in 2018, flourishing as a hitter and pitcher at levels unseen since Babe Ruth. He hit 22 homers with a .925 OPS. He also had a 3.31 ERA in 10 starts on the mound, with his pitching work interrupted by an elbow injury.Related Articles Angels’ poor pitching spoils an Albert Pujols milestone It had occasionally bothered him during the season, but became more of a hindrance as Ohtani increased the intensity of his throwing program, Eppler said.“He has been going through his throwing progressions, and a couple times we’ve had him at 83, 85, 86 mph, and as he was going to continue to move upward in intensity, it was aggravating him a little bit,” Eppler said. “We made the decision to kind of play it safe.”Eppler said the other option was to go all the way through his throwing rehab, which was set to end sometime in October, and then have the knee surgery, but they were concerned that apprehension about the knee would lead to arm trouble.“If we pushed the intensity and he compromised something in his delivery, that could lead to some unforeseen issues,” Eppler said.Ohtani, who was not available for comment on Thursday, made the final decision on Wednesday morning to go through with surgery this week, Eppler said. Jose Suarez’s rocky start sinks Angels in loss to Astros last_img read more

Dreamers Uneasy, But Hopeful, About DACA

first_imgBy John Burton |RED BANK — President Donald Trump’s action last week, laying the groundwork for the possible repeal of what is commonly called DACA, has its supporters. But it has others fearful for their future.“We’re not a whole load of bad people,” said 19-year-old Red Bank resident Javier Veliz, a self-described “dreamer” who now faces an uncertain future given the president’s move. “We’re here like everybody else, to acquire the American Dream.”Veliz has been living in the United States for 18 years, since his family entered the country without documentation from their native Guatemala. Because of the Deferred Action for Childhood Arrivals (DACA), President Barack Obama’s 2012 executive order, Veliz was able to get a valid driver’s license, work a job on the books paying state and federal taxes, and begin studying mechanical engineering at Brookdale Community College. “All these things that people take for granted,” he said.U.S. Attorney General Jeff Sessions announced on Sept. 5 that the president would be rescinding President Obama’s executive order within six months if Congress fails to act upon it. Should Trump carry through on his repeal, these young people could face the loss of employment and educational opportunities and possibly deportation for them and family members, since federal officials have access to their personal information from their initial DACA applications.No one who is not currently participating can enroll, and for existing participants everything is now on hold.Faced with congressional inaction on the long-languishing DREAM (Development, Relief and Education for Alien Minors) Act, Obama in 2012 signed his executive order creating DACA. The order allowed those who came as minors (younger than 16) to the U.S. illegally with their families, to legally work, pursue higher education and apply for financial aid, and serve in the military, giving them access to the “American Dream,” hence the name “dreamers.” Proponents saw this as a humane way to help those who really had no part in violating immigration law lead productive lives.Opponents, such as Sessions when he was a U.S. senator, and Trump, called it a violation of the rule of law. Trump who, when he was on the campaign trail, criticized it as unconstitutional and an attempt to usurp Congress’ role in the immigration debate.Trump was facing pushback for not fulfilling his campaign pledge to repeal DACA, resulting in nine Republican state attorneys general bringing suit against the president. And Trump’s decision to repeal the Obama-era order met with approval from stalwart Trump supporters.Barbara Gonzalez, co-founder of the Bayshore Tea Party Group, a conservative grassroots organization operating in the Bayshore area, voiced support last week for the president’s action. In an email message Gonzalez said, “What President Trump is doing, by giving it to Congress to come up with a better plan, is the way it should be done and should have been done in the first place.”Gonzalez went on to say: “We must take care of our own country in order to be helpful to anyone else. We must fix the immigration system so it works better, but we cannot just allow people to come to our country illegally and act like it never happened…”But there was loud and substantial criticism for Trump’s move. It came from some fellow Republicans and political opponents, civil rights and advocacy groups from around the country, from the Catholic Church and other religious groups. “I don’t believe this decision represents the best of our national spirit or the consensus of the American people. This decision reflects only the polarization of our political moment,” said Archbishop Jose H. Gomez, Los Angeles, chair of the U.S. Council of Catholic Bishops’ Committee on Migration, in a released statement.Steve Bannon, former Trump chief strategist, criticized the Catholic groups for their criticism on the Sept. 10 episode of CBS’s “60 Minutes,” alleging the Church has “an economic interest in unlimited immigration, unlimited illegal immigration.”Frank Argote-Freyre, director of the Latino Coalition of New Jersey, a Freehold-based advocacy group, said this measure has the potential to disrupt the lives of approximately 22,000 in New Jersey who are participating in the DACA program. According to some sources, as many as 800,000 are registered nationally with the program.Argote-Freyre called DACA, “A lifeline, a thread of hope,” for many. Looking to repeal it, he added, “It just feels like a betrayal of American values…It’s heartbreaking, really.”Jocelyn Rojas is a 21-year-old Red Bank resident, a “dreamer” who, along with other area students from immigrant families, started the Del Otro Lado Club in the borough, which seeks to offer support and facilitate resources for the Latino community, hoping to build a bridge between Hispanics and the established community. Rojas said she knows of approximately 100 dreamers in Red Bank alone. “We’re all definitely worried about what could happen,” she said.“It’s improved my quality of life all around,” said Monica Urena, 21, a Red Bank resident, of DACA. She’s been able to get her driver’s license, which allowed her family to have a car and transportation; it’s allowed her to get a work permit and get a job; and as a Rutgers University student, majoring in international business, she was able to obtain an internship with a New York City financial firm. “I wouldn’t have been able to do any of that without it,” she said.Urena said a lot of her friends are worried the administration will repeal DACA. Urena’s concerns sometimes lead her to ask herself, “Why am I getting a degree if I’m not going to be able to get employed?”This is a work in progress and the last chapter is far from written. Trump himself, despite the strong rhetoric during his campaign, has lately moderated his words and tone on the Dreamers. “I have a great heart for the people we’re talking about, a great love for them,” he said last week during a White House meeting on tax reform. The president also maintained he would revisit the issue should Congress fail to address it legislatively.Argote-Freyre doesn’t hold out much hope for congressional action, given the lack of movement on the issue during both the George W. Bush and Obama administrations.  “Given that paralysis,” he said, “I don’t see what magically will change now.”For those young people in the Two River area who fear for their future, the strategy now is to make their voices heard and force Congress’ hand in finally addressing immigration issues.“I see these kids. They tell me they want a life, they want a future,” said Alvaro Aguilar, speaking of the younger generation he comes in contact with as he coaches soccer in his hometown of Red Bank. “And that’s why I will fight for this.”Alvaro Aguilar of Red Bank, right, and other members of the immigrant advocacy group Movimiento Cosecha demonstrated outside Trump Tower on New York’s Fifth Avenue last week and were arrested for failing to disperse.Aguilar, 29, has taken advantage of DACA to work and is involved with Movimiento Cosecha, a loose-knit, nationwide immigrant advocacy group. Aguilar and other members demonstrated out side Trump Tower on New York’s Fifth Avenue last week and were arrested for failing to disperse. “I wanted to do this for them, to let them know they’re not alone,” he said. “We’ve got to do this together.”The thought of DACA ending is upsetting to Urena. “DACA is an amazing program and it’s given me so much. But the reality is it’s a Band-Aid on a really big issue that needs to be addressed,” she said. “I’m hoping instead of this being a negative thing, it’s actually going to be the push we need for Congress to finally change and reform the immigration system.”On the legal front, Democratic state attorneys general from 16 states, led by New York’s Eric Schneiderman, have filed a lawsuit looking to block the reversal of Obama’s executive order establishing DACA. As part of their legal argument, the attorneys general allege, among other assertions, Trump has displayed in his public comments a racial animus toward some ethnic groups that have relied on the program, Schneiderman has told media outlets.They expect to make their initial arguments before a federal judge within the coming weeks, Schneiderman added.This article was first published in the Sept. 14-21, 2017 print edition of The Two River Times.last_img read more

Ice coaches keep options open following Major Midget evaluation camp

first_imgStep one on the road to playing for the Kootenay Ice came and went during the weekend at the NDCC Arena.More than 50 players test the Major Midget waters to sway evaluators sitting in the stands and find a spot on the Ice roster.”The camp went very well,” said Kootenay Ice head coach Mario DiBella.”We had 54 players at came, which is the largest turn out to date.” The BC Hockey Major Midget League was established in 2004 to provide elite level 15-17 year olds an opportunity to play within their own age group at a high level and be developed for the next level of hockey.Players from throughout the Kootenays took to the Heritage City to be part of the Kootenay Ice, one of 11 teams in the league.”We have 14 players returning from last season,” DiBella said.”At this point we have committed to (goalie) Adam Maida, (defenceman) Tyler Podgorenko and Austin Tambellini and (forward) Nolan Percival,” DiBella added.The Ice has a few weeks before taking to the ice for exhibition dates in September.Final roster cuts will be make September 15.The BCMMHL season opens in late September.last_img read more

Teams book tickets to Soccer Championship Finals

first_imgThe finalists are set in Nelson Soccer Playoffs.In Mallard’s Men’s Open, Oso Negro will try to knock off defending champion Hume Innkeepers after the squad outlasted Old Dogs 5-2 in semi-final action Saturday at the Lakeside Pitch. Hume, which defeated Old Dogs last season to clinch the title, had an easy time reaching the final after blasting Nelson Selects 5-0.In Ladies League, Red Dog shutout Wink Wink Wild Cats 3-0 to advance to the final against Yom Chi Ninjas.The Ninjas edged Dirty Dozen 1-0.Meanwhile, in Jackson’s Hole Masters Men, regular season champion Bia Boro shutout Retallack 2-0 while Jackson’s hole advanced to the final with a 3-0 victory over Ted Allen’s.Mallard’s Men’s Open Final goes Saturday at Lakeside while the Ladies and Masters Men Championship Games are set for Sunday.last_img read more

Barack Obama on hand for Warriors-Raptors Game 2

first_img“That was … Click here if you’re unable to view the photo gallery on your mobile device. TORONTO — Drake wasn’t the biggest name in the house Sunday. Former President Barack Obama attended Game 2.The former president and the Canadian rapper had a warm exchange before the game.Obama grew up a fan of the Chicago Bulls, the team on which Warriors coach Steve Kerr played for three championship seasons. Obama hosted a White House visit for the Warriors after their 2015 championship.last_img read more

Koertzen equals umpiring record

first_img20 April 2007South African umpire Rudi Koertzen equalled the world record held by the retired David Shepherd when he officiated in the Cricket World Cup match between the West Indies and Bangladesh in Barbados on Thursday. It was his 172nd one-day international.Koertzen made his ODI debut on his home ground of Saint George’s Park in Port Elizabeth in December 1992.Almost 10 years later, he reached the century mark in the 2003 Cricket World Cup, hosted by South Africa, when he stood in the Australia versus Sri Lanka semi-final, also in Port Elizabeth.150-match milestoneIn April 2006, Koertzen reached the 150-match milestone when he and fellow South African Brian Jerling took charge of an encounter between traditional rivals Pakistan and India.Not surprisingly, given his experience, Koertzen is respected as one of the world’s leading umpires. He is known for slowly and very deliberately raising his finger to send a batsman on his way, which is why he has earned the nickname “Slow Death”.Speaking at the World Cup this week, Koertzen said: “I am delighted to be in the same company as the legendary David Shepherd, and I am proud to be a South African.”‘An extraordinary umpire’Gerald Majola, CEO of Cricket South Africa, paid tribute to Koertzen, saying: “This is an extraordinary milestone for an extraordinary umpire. Rudi Koertzen has been a fine ambassador for South Africa throughout the cricketing world.“Rudi is respected by the world’s top players and is an excellent role model for all aspiring umpires,” Majola added. “We are very proud of him.”Easily recognisableKoertzen is easily recognisable with his trademark floppy hat and wrap-around sunglasses, which seldom leave his face. He seems mostly implacable, but watch closely and one can see he has a good relationship with the players, with short interchanges sometimes resulting in a smile crossing his otherwise stern features.Koertzen began umpiring in 1981 and just over 10 years later, at the age of 43, stood in his first test. In 1997 he was appointed a full-time ICC umpire.In 2002, he became a member of the ICC’s elite panel. Only Koertzen, along with Steve Bucknor and Daryl Harper, remain from that original panel.Umpire of the YearIn 2002, he was voted top umpire of the year. He has been nominated for the award for the past two years, finishing third on both occasions.Koertzen’s stated goal is to umpire 100 tests and 200 ODIs before he retires.It takes a lot to do what he does, and it’s a tough job that keeps him away from his wife and four childen for about two-thirds of every year.SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

10 months agoWest Ham boss Pellegrini delivers Nasri update

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say West Ham boss Pellegrini delivers Nasri updateby Paul Vegas10 months agoSend to a friendShare the loveWest Ham boss Manuel Pellegrini is ready to make a call on trialist Samir Nasri.Nasri is training with West Ham as he looks to earn a contract.Pellegrini confirmed a decision is expected soon on a player that could help boost their chances of securing a top-six finish this season.“We are going to take the decision next week.“Sami is working with us very well, he is losing weight, his mentality is to try and have a spot here with the squad, so we will see in the next days.” last_img read more