ilovedeepcreeklakerealestate – Page 72

PlanMaryland for Dummies: What Is It, Why Do I Care?

By Kym Byrnes

Over the next 20 years, there will be nearly 1 million more people, over 400,000 additional households and more than 600,000 new jobs in Maryland, according to the PlanMarylandwebsite.

PlanMaryland is the state’s first plan for sustainable growth and development. It will emphasize planning that encourages Maryland residents to be more efficient and less wasteful of valuable resources, according to thePlanMaryland website.

More here.

Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!

877-563-5350 – toll free

County United Way to recognize contributors

The Cumberland Times-News Sun Aug 28, 2011, 10:39 PM EDT

FROSTBURG — County United Way will host the Annual Community Caring Awards and campaign kickoff on Wednesday, an event that will honor a number of local individuals and businesses. The event will be held at Lane Center at Frostburg State University.

Pam Jan, president of the board of directors of County United Way, has announced this year’s award recipients, whose contributions will be recognized at the kickoff event.

Allegany County: Kathy Getty, regional president for Susquehanna Bank, co-chair of the annual campaign and past president of the CUW board; and CSX Transportation, long-standing corporate and employee supporter of United Way and special events.

Garrett County: Commissioner Ernie Gregg, immediate past chair of the executive committee and board; and Garrett Partnership for Children and Families, for being a pioneer organization in collaborating to provide community impact services with other organizations.

Hampshire County: Angela McQuaid, volunteer teen-court coordinator and co-chair of this year’s United Way campaign, and the Hampshire Wellness Center, for being the host of many health initiatives throughout the year.

Mineral County: Gary Wilson, past chair of the executive committee, former campaign chair and retired CEO of Burlington United Methodist Family Services, and Dominion Energy, corporate and employee supporter of United Way and special events.

In order for an individual to be nominated for this award, the person must reside in the home county and demonstrate a long-time commitment to volunteering and donating to the United Way and/or community partners. The business must meet the same criteria, in addition to encouraging workers to support the United Way by suggesting volunteer opportunities and/or conducting an employee campaign for contributions through payroll deduction.

The kickoff event will feature music by the Mountain Ridge Jazz Band, under the direction of David Kauffman. Aramark will prepare the menu. The awards were designed by Simon Pearce.

For reservations, contact the County United Way at 301-722-2700.

More here.

877-563-5350 – toll free

Commissioners To Form Task Force To Begin "Lean" Government Plan

‘Like’ on Facebook!

Support the Republican Newspaper! It’s only $9.95/year for the online edition!

Aug. 25, 2011

The Garrett County commissioners voted unanimously Tuesday to form an Efficiency Task Force that will seek to implement the concept and practices of a “lean” county government.

During their public meeting on Tuesday, Chairman Gregan Crawford spoke about the pending revenue shortfall that Garrett County government is projecting for the next three- to five-year budget cycles.

County administrator Monty Pagenhardt presented a statistical and projected revenue/expenditure outline. He noted that the county’s budget has decreased from $100 million in recent years down to $73 million. In addition, the county’s employee roster has decreased by 20 percent.

Crawford then proposed that the Board of Garrett County Commissioners create the task force.

“Lean seeks continuous improvement within an organization and is facilitated by a systematic approach to identify problems and achieving efficient solutions that in turn create better outcomes for employees and the constituents that they serve,” Pagenhardt explained Wednesday in a press release.

Crawford proposed nominating a committee composed of nine members: five from county government and four appointed by the commissioners. He suggested that the committee by appointed and organized by Oct. 1, that its first meeting take place no later than Oct. 21, and that its initial recommendations be presented to the commissioners by Jan. 31, 2012.

More here.

877-563-5350 – toll free

Former Southern Standout Up For NCAA Woman Of The Year

‘Like’ on Facebook!

Support the Republican Newspaper! It’s only $9.95/year for the online edition!

One time Southern High School standout Sarah Stephens, who became an All-American at Frostburg State University, is among the top 30 honorees for the 2011 NCAA Woman of the Year Award.

The NCAA?Woman of the Year award honors senior student-athletes who have distinguished themselves throughout their collegiate careers in academic achievement, athletic excellence, service, and leadership.

Stephens, a star dual-sport athlete (volleyball and tennis) for FSU, made the top 30 after the NCAA selected her from among 141 conference nominations. She is one of 10 Division III representatives. The 30 finalists are composed of 10 student-athletes from each NCAA division.

In the next round of selections, nine finalists, three from each division, will be chosen from the top 30 by the NCAA Committee on Women’s Athletics and all 30 student-athletes will be honored at an awards dinner on Sunday, Oct. 16, in Indianapolis. The NCAA will announce the three finalists in September prior to the awards dinner.

Stephens graduated from FSU with a bachelor’s degree in business administration. She achieved a 3.96 cumulative grade-point average and was on the FSU dean’s list for eight consecutive semesters. She was also named a College Sports Information Directors of America (CoSIDA) Academic All-American last fall and was inducted into Beta Gamma Sigma Business Honor Society in 2009.

More here.

877-563-5350 – toll free

Snow Will Blow

Snow will blow once again this winter at the Wisp Ski Resort, a guarantee expressed this week by Karen Myers, a co-owner of the resort and president of Recreational Industries Inc. She made that promise in spite of the fact that the land development corporation that is responsible for the Lodestone Golf Course and home sites atop Marsh Mountain has been slapped with a judgment from BB&T, the provider of the loan for the project. Myers and the other owners are working with attorneys and consultants to persuade the financial institution to agree to a loan restructuring, but in the meantime she says that it will be business as usual at the Wisp this winter. “We plan to be making snow in less than 90 days,” Myers said, “and hope to open the day after Thanksgiving (Nov. 25).” She added that the resort has already sold a record number of season passes for the 2011-12 season and is “enjoying its best summer ever.” See story for details. Photo by John McEwen.

877-563-5350 – toll free

Foreclosure sales remain major market segment in Maryland

Foreclosure sales remain major market segment in Maryland

Average discount is more than 40 percent

by C. Benjamin Ford, Staff Writer More News

About 23.5 percent of all homes sold in Maryland in the second quarter were in some stage of foreclosure, down from 30.6 percent in the first quarter but up from 17.6 percent in the prior-year quarter.

There were 3,866 foreclosure sales in the state in the second quarter, according to new data from RealtyTrac of Irvine, Calif.

More than one-third of those sales were in Prince George’s County, where 40.1 percent of all home sales involved a foreclosed property….

…Those prices varied wildly across the state, from an average county low of $62,099 in Garrett County to a high of $301,979 in Howard County.

More here.

877-563-5350 – toll free

Tough economic times put libraries on the defensive

Montgomery’s libraries have lost about 37 percent of their funding since 2008 — the largest statewide

by Erin Cunningham, Staff Writer

A sign early at the Technology Center earlier this month annouced that the area is closed at the C. Burr Artz Public Library in downtown Frederick. Public libraries around the state have seen their budgets cut in recent years.

Some of Montgomery County’s libraries became infested with ants and cockroaches earlier this year when the county cut back on cleaning and vacuuming of the buildings.

The county was able to come up with the money to pay for pest control, according to libraries Director Parker Hamilton, and the bugs are gone.

“Thank goodness,” she said.

But there still is a concern about the sanitation of the buildings, which are being cleaned about three times per week; a year ago they were vacuumed daily, Hamilton said

More here.

877-563-5350 – toll free

State Weighs Elk Reintroduction To Western Maryland

‘Like’ on Facebook!

Support the Republican Newspaper! It’s only $9.95/year for the online edition!

Aug. 25, 2011

The Maryland Legislative Sportsmen’s Foundation (MLSF), the Maryland Department of Natural Resources (DNR) and the Rocky Mountain Elk Foundation (RMEF) have announced the formation of a partnership in order to determine the viability of elk reintroduction to western Maryland.

The partnership plans to make biological, social and economic feasibility assessments, which are estimated to require a minimum of 12 months to complete. The groups state that a thorough evaluation will be completed before any decision is made.

“Elk once roamed Maryland but have been absent since the 1700s,” said David Sutherland, MLSF chairman.

“We are pleased to initiate the first steps toward evaluating elk reintroduction in western Maryland.”

The Sportsmen’s Foundation will contract with a professional consulting group to conduct a formal survey of public opinion on the question of returning elk to Maryland. DNR will oversee development of the survey — which will include outreach to farmers and other stakeholders who may be impacted by a return of the species — and assist with analysis of the results. In addition, the agency will conduct an assessment of potential elk habitat in the state’s western end.

More here.

Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!

877-563-5350 – toll free

Wisp Ski Operation Intact, Despite Filing Against Development Group

‘Like’ on Facebook!

Support the Republican Newspaper! It’s only $9.95/year for the online edition!

Aug. 25, 2011

If Mother Nature cooperates, snowmaking at the Wisp Resort in McHenry will commence in less than 90 days, and skiers and snowboarders will be back on the slopes beginning the day after Thanksgiving, Nov. 25.

That is according to Karen Myers, president of Recreational Industries Inc., who met with reporters this week after it was learned that Branch Banking & Trust (BB&T) Corporation has entered judgments against the Wisp’s land development company, called Wisp Resort Development Inc., and various loan guarantors because of lagging payments on loans of over $28 million to fund the new Lodestone Golf Course and home sites atop Marsh Mountain.

The guarantors of the loan, all of which are named in the judgment, are Recreational Industries Inc., DC Development Inc., and Clubs at Wisp Corporation, as well as Myers, Gary Daum, and Steven Richards, owners.

Since the filing in Garrett County Circuit Court last month, rumors have abounded that the Wisp Resort either has been or will be sold because of the current financial situation.

“This is probably the same story that is being told by a lot of other developers around the country,” Myers said, noting the continuing lag in the housing market, adding, “The ‘illness’ [in our operation] is just related to the land development segment of the business.”

Meanwhile, Myers described the Wisp Resort as “a vibrant and profitable business” that will begin its 56th season of skiing this fall.

It was in February 2007 that BB&T provided a loan of $23.5 million as a revolving line of credit to fund the construction of the golf course and the Lodestone home sites. Because this type of loan is predicated on sales of home sites to pay down the loan balance and because the lot sales were sluggish, as construction on the golf course neared its end in 2008, an additional $5 million was borrowed “because we believed it was better to have a finished golf course than a partially finished golf course,” Myers explained.

More here.

877-563-5350 – toll free

Wisp owners mull sale of western Md. ski resort; low nearby home sales to blame

By Associated Press, Updated: Thursday, August 25, 3:30 PM

MCHENRY, Md. — The owners of Maryland’s only ski resort say they’re considering selling the landmark property to resolve financial problems linked to a slide in home construction around nearby Deep Creek Lake.

Karen Myers says selling the Wisp Resort is the last option she and her partners in DC Development LLC would pursue to repay more than $23 million to BB&T Corp. of Winston-Salem, N.C. They’re also seeking new investors in their businesses. But in an interview this week at the base of 3,100-foot Marsh Mountain, Myers said everything is on the table if they can’t buy more time.

The owners of Maryland’s only ski resort say they’re considering selling the landmark as the last option in repaying a loan that was used to build the nearby Lodestone golf course community. But only about 20 of the 197 planned home sites have been sold and the bank is demanding payment.

“One of my goals really was to be a part of Wisp in the next stage of development,” said Myers, whose group has owned the resort since 2001. “I hope that I’m a part of the team that does it.”

She said Wisp is in no danger of closing.

More here.

877-563-5350 – toll free

Author: ilovedeepcreeklakerealestate

PlanMaryland for Dummies: What Is It, Why Do I Care?

County United Way to recognize contributors

Commissioners To Form Task Force To Begin "Lean" Government Plan

Former Southern Standout Up For NCAA Woman Of The Year

Snow Will Blow

Foreclosure sales remain major market segment in Maryland

Tough economic times put libraries on the defensive

State Weighs Elk Reintroduction To Western Maryland

Wisp Ski Operation Intact, Despite Filing Against Development Group

Wisp owners mull sale of western Md. ski resort; low nearby home sales to blame

My Location

Deep Creek Media

Stay Connected