BED to Hold Off on Rate IncreaseBurlington Electric Department, which had received approval from the Electric Commission to seek up to a 5.9 percent rate increase, has agreed to withdraw the request at this time.The need for the rate hike, largely driven by increased power and transmission costs, still exists, but short-term borrowing will take place while the financial markets settle down. Jonathan Leopold, the City’s Chief Administrative Officer, said that because of the current chaos in the financial market, it would be impossible to sell a revenue bond with affordable terms. BED will place an item on the Town Meeting Day ballot asking the voters to change their approval of a revenue bond, which was favorably voted on last March, to a general obligation bond. This would lower the cost of BED’s long-term debt and influence the size of a rate increase going forward. Once these actions have taken place the rate increase will be decided upon, and the ratepayers will be notified of the date and the amount of the increase; this most likely will happen after the March vote.Both the City Administration and the Finance Board realize that BED will still be in need of a rate increase in the near term because of these expenses beyond its control.In the meantime, BED has advanced its ongoing major capital projects, the McNeil air quality improvements and the East Avenue reliability upgrade, through favorable short-term borrowing arranged through the City. This allows BED to reap the benefits of these projects in lowered operating costs as it moves into 2009 without fully absorbing the cost of the debt the projects will require. “These projects will still need long-term financing in a bond market that is very uncertain, given the current financial turmoil,” said BED General Manager Barbara Grimes. “Though thankfully we have voter support to obtain bond funding, and we prefer long-term to short-term debt, the bond market is currently expensive. It is difficult to say today when the time will be right. But by implementing these cost-effective projects now, we can count on reaping their benefits to lower the amount needed when we do go for long-term financing.”Ms. Grimes said, “Energy efficiency steps remain a customer’s best tool in controlling their electric costs.” All BED customers are encouraged to explore what’s available for reducing their bills by visiting BED’s web site, www.burlingtonelectric.com(link is external), or by calling 658-0300.BED will continue to monitor closely the revenues and the expenses of the department.#30
Hikers are trashing Australia’s sacred rock Bear in Colorado takes Subaru on a joyride Aug. 29, 2019Burke County CenterMorganton, NChttps://aug29fhnc.eventbrite.com Upcoming NC workshops for women in woodland stewardship In the months leading up to the ban, however, tourists has flocked to the rock in a last-ditch effort to climb it, boosting the number of hikers from an average of about 140 people a day to as many as 500. Local news outlets have documented an endless stream of hikers making their way up the rock. In their wake, the Washington Post reports they’ve left behind “trash, overflowing septic waste and illegal camping sites.” Aug. 22, 2019Lenoir County CenterKinston, NChttps://aug22fhnc.eventbrite.com Aug. 8, 2019Chatham County CenterPittsboro, NC https://aug8fhnc.eventbrite.com It’s an iconic landmark in Australia: Uluru, formerly known as Ayers Rock, is a massive sandstone rock formation that rises out of the flat ground around it in central Australia. The indigenous Pitjantjatjara Anangu people consider the rock sacred and signs that decorate the entrance to Uluru-Kata Tjust National Park, where Uluru is located, have long asked visitors not to climb it. Nonetheless, Uluru has become a popular hiking spot for tourists. In 2017, the Anangu successfully secured a hiking ban on the rock, which goes into effect in October 2019. A bear in Boulder County, Colorado found itself in over its head when it entered an unlocked car and climbed in. The car door then closed behind the animal, sending it into a panic. As it tried to claw its way out of all four doors the bear accidentally shifted the car into neutral with its hindquarters, sending the car careening about 100 feet down a hill. During its downhill cruise the car swiped a tree, leaving the car too damaged to drive. Luckily for the bear, the impact with the tree also popped a car door open and the bear escaped into the woods, assumedly unharmed but armed with a good tale to tell. The moral of the story? Keep your car doors locked in bear country, especially if you have something inside of the car that might attract the curious animals. Monday, July 15 Three ForestHer NC workshops will be held across the state of North Carolina in August. The workshops are for women landowners and natural resource professionals interested in learning more about managing and conserving private lands. According to a news release, participants will learn about the state’s forest ecosystems, identify the types of forest they own or manage, and understand the role their land plays in the larger landscape. In North Carolina, 65 percent of private forestland is jointly owned by women, yet statistics indicate that women are far less likely to attend landowner programs and participant in managing the land. The workshops cost $25 per person and will run from 9:30 a.m. until 3 p.m. Pre-registration is required. read more
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In an interview with the Middlesbrough official website, Mikel stated that several clubs were interested in him but a conversation with Tony Pulis convinced him.He said, “For me, it’s looking at the project. I spoke to a few clubs and I also spoke to Tony (Pulis), had a good chat with him. He’s told me where he wants to go with it and it definitely fits with what I want to do. The club wants to get promoted so hopefully I’m here to help in any way I can. It’s a family club and this is what I want. I like stability and this is why I was at Chelsea for a very long time.”Without putting any pressure on himself, Mikel stated that he is a team player and despite his impressive trophy cabinet it is only as a team can they achieve their goal to qualify for the Premier League.He said, “We have to put our heads together and help each other. If anyone knows me from my years at Chelsea, I always played for the team. The team comes first and that’s exactly what I’m going to do here. Here is going to be a challenge, but I love challenges.”The Super Eagles captain who quit his contract at Chinese Super League (CSL) side Tianjin Teda has been handed the number 2 shirt and could make his debut when Middlesbrough take on Newport County in a FA Cup encounter today at the Riverside Stadium.Meanwhile, former Premier League champions, Chelsea have reacted to Obi joining English Championship side, Middlesbrough, on a six-month deal.Chelsea took to their official Twitter page, @ChelseaFC, to congratulate Mikel and wished him good luck at his new club, Middlesbrough.“Good luck at Middlesbrough, @Mikel John Obi!,” Chelsea tweeted alongside a picture of Mikel wearing the Blues’ jersey.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Super Eagles captain Mikel Obi has stated that he wants to help Middlesbrough achieve something special this season.The Nigerian midfielder sealed a return to England with Championship side Middlesbrough who are in contention to get a promotion to the Premier League next season.Mikel who is now 32 years old is hopeful that the impact of the younger players at Middlesbrough coupled with his wealth of experience will help the club to be promoted to Premier League. read more