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BP approves Willets plan
To date, the city has announced agreements with four businesses, and the other property owners have claimed the city is not negotiating in good faith with them.In addition, a number of City Councilmembers and business owners continue to blast the city for holding the spectre of eminent domain over the businesses.For many in Queens, Marshall's approval did not come as a surprise as she has frequently trumpeted the benefits of the project during appearances throughout the borough during the past two years.However, City Councilmember Hiram Monserrate, who represents the Willets Point area and has been a critic of the city's current plans for the site, jumped the gun by releasing a statement on Friday, July 25 criticizing Marshall's recommendation - five full days before her recommendations were finalized."This process has successfully disenfranchised the Queens community from a project that will determine their future for decades to come," read part of Monserrate's statement on Friday, July 25. more
Businesses turns to arts community to beef up bazaar
According to Beth Morris, the Chamber's economic development manager, more than 40 Main Street shops and businesses will participate this year. Also represented at the bazaar will be 35 nonprofit organizations, 25 craftsmen, and more than 40 Cape Ann artists and artisans.
The 10-foot puppet, for instance, Coffin said, would not have happened without the generous support of Kate Seidman, owner of The Art Room on Center Street in Gloucester, who with seARTS donated the materials to build the puppet. "I'm hoping people will really join in and have a conga line and fun and then go back to their shopping," said Coffin, who will be driving the puppet from inside. In keeping with the theme of local paintings and crafts, all the live music during the festival will be provided by local musicians. more575m euros available for companies that create over 500 jobs
The companies that invest more than 100 million euros and thus create at least 500 jobs will get state aid worth up to 25 million euros, with the total value of funds allocated for 2008-2012 standing at 575 million euros. State aid will be granted only if the investment continues in the region where it was created for at least five years after the completion of the project, ministry sources said, who cited the draft to be submitted to the government soon. Sources say the eligible investments will be those that create at least 500 jobs and exceed the RON equivalent . more
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