Friday, March 16, 2007

Edinburgh Building Services (EBS) has won a national excellence award at a gala ceremony held in St Andrews last week (8 March 2007). Promises Into Action, an EBS project, won the Convention of Scottish Local Authorities (COSLA) award for “Securing a Workforce for the Future”.

This award follows an innovative cultural change programme led jointly by Pinnacle and the City of Edinburgh Council, which focussed on improving communications and team-work and on recognising good performance and customer care.

Councillor Sheila Gilmore, Executive Member for Community Safety and Housing, said, “It is encouraging to see the hard work that has been done and the changes that have been made as a result of this project is being recognised on a national level. I would like to congratulate the team and thank COSLA for recognising these achievements.”

Pinnacle’s Director, Steve White, and his team accepted the award at the prize ceremony. He said: “When we first begun working with EBS, we would never have believed that within just three years, we would be winning national awards for excellence. Through Pinnacle’s partnership with City of Edinburgh Council, we focused on changing cultures, nurturing talent and delivering outcomes and as a result, EBS has been transformed into a high achieving organisation with a culture that is inclusive, open and trusting.

“The EBS team should feel justifiably proud of such an outstanding achievement.”

John Swinney, Chief Executive of Pinnacle, said: “EBS continues to go from strength to strength – this is the second national award for excellence that it has achieved in just six months. It highlights, yet again, the real benefits of public/private sector partnerships working together to achieve sustainable improvements for communities and customers. Congratulations again to the EBS team.”

EBS provides a range of building maintenance services for Services for Communities and other departments of the City of Edinburgh Council. Pinnacle began work with Edinburgh Building Services in 2003.

Saturday, October 23, 2021

China property giant Evergrande Group wired USD83.5 million in interest owed in an offshore bond from September 23 on Thursday, temporarily averting default, according to a Reuters source and Chinese newspaper Securities Times.

The wire to a Citibank fiduciary account following a 30-day grace period came after assurances by various members of the Chinese government, Reuters reported. At a Beijing forum Wednesday, Chinese Vice Premier Liu He described the risks as controllable, and chairman of the China Securities Regulatory Commission Yi Huiman said that while authorities needed to curb excessive debt more broadly by “improv[ing] the effectiveness of the constraint mechanism on debt financing”, the matter would be dealt with properly.

Once China’s top real estate developer, Evergrande had accumulated approximately USD305 billion in liabilities, two per cent of the Chinese gross national product, after “dwindling resources” cut its value by 80%, according to Reuters. September data revealed Chinese home sales by value fell by nearly 17% year-on-year, according to The Guardian, and fears over its default led to a slowdown in China’s third quarter GDP growth to a year low of 4.9%. Two sale negotiations with rival developers Hopson Development and Yuexiu, valued at USD2.6 billion and USD1.7 billion, respectively, were suspended, reportedly due to a lack of consent by the government of Guangdong province currently overseeing Evergrande’s restructuring.

News of Evergrande’s remittance caused its shares to rise by as much as 7.8% this morning after a two-week pause in trading for the anticipated sale of 50.1% in Evergrande Property Services Group, and offering some reprieve for bondholders, according to Reuters. Portfolio manager at GaoTeng Global Asset Management James Wong, interviewed by The Guardian, called the news “a positive surprise”, adding “[i]f Evergrande pays this time, I don’t see why it won’t pay the next time.” Jun Rong Yeap for IG Asia pte., interviewed by Bloomberg, said the report “overturned” the narrative “that Evergrande will face difficulty in securing cash ahead”.

Further missed payments are due October 29 and November 11 after similar 30-day grace periods; including yesterday’s USD83.5 million, nearly USD280 million is owed to bondholders.

Stocks have been down for many major Chinese developers: Reuters Wednesday reported year-to-date stock prices fell 87.8% for Sinic Holdings, currently in Fitch Ratings’ ‘restricted default’ after failing to make an October 18 bond payment valued, according to The Guardian, at USD246 million; 80.2% for Evergrande itself; 78.3% for E-House, 58.5% for Fantasia Holdings and 54.6% for Kaisa Group, which defaulted in 2015 and had bonds reach record lows.

Estimates of the Chinese real estate market’s size range from 16 to 25% of the Chinese gross domestic product, according to The Guardian. Chinese President Xi Jinping’s aim to transform the country’s economy from one of debt-fuelled “inflated” growth to one of improved “quality and returns” included imposing regulations on developers that limited their capacity to borrow. A Guardian comment piece from economist George Magnus published on October 15 made reference to China’s “ghost cities” and “rampant credit creation” that has given rise to high vacancy rates and the “financialisaton of housing”.

Sunday, July 25, 2021

After a seven-day lockdown began in three rural councils in New South Wales, Australia, Wikinews reached out to Reg Kidd, the mayor of the City of Orange. Orange is one of the three areas that is now currently under lockdown after a case of COVID-19 was recorded at the Nestlé Purina PetCare food factory in Blayney.

Since then, Orange City Council, along with the other two council areas now in lockdown, has been declared a COVID-19 hotspot, which unlocks support from the Australian Government such as access to the COVID-19 disaster payment, assistance with contact tracing, and provision of protective personal equipment from the National Medical Stockpile.

Kidd has been an Orange City Councillor for 28 years, and became Orange’s first popularly-elected mayor in 2017, where he ran as an independent candidate. He has hosted talkback radio with ABC Radio since 1989. Wikinews reached out to Kidd via email about the COVID-19 lockdown in Orange, as well as the upcoming local government elections in New South Wales and his motivations for entering local government.

Monday, February 17, 2014

On Friday afternoon, amateur shooters were briefed about a three-year-long trial of hunting in national parks of New South Wales, Australia. The meeting was held in Griffith near Cocopara Nature Reserve, where the first shooting operation of the trial was to occur on Saturday, targeting the feral goats.

The National Parks Wildlife Service (NPWS) has used aerial culls and baiting to reduce Cocoparra’s goat population, but there are said to be thousands of goats at the reserve. The feral animals to be hunted in other reserves may include cats, deer, dogs, and pigs, beside goats — depending on the reserve.

Shooters in the supplementary pest control trial were to be closely supervised by rangers, as the trial was monitored and its effectiveness evaluated. In a partnership of NPWS and the Sporting Shooters Association of Australia (NSW) Inc, qualified volunteers were recruited, under the Sporting Shooters Association’s hunting program. According to Mick O’Flynn, the Acting Director Park Conservation and Heritage with the NPWS, the four shooters selected for the first shooting operation received comprehensive safety and training instruction.

Following announcement of the close partnership of shooters with NWPS staff, the Greens cancelled planned picketing of the first shooting operation. However, State Greens MP (Member of Parliament) David Shoebridge warned, “This needs to be a government-run program, not run by the biggest gun lobby group in Australia”. He called limiting the meeting to members of the Sporting Shooters Association “outrageous”. Another concern raised by the Greens was the danger of armed people, not only to animals, but also to people visiting the national parks, should the shooters be unsupervised after the trial.

The trial was announced in the second half of 2013, though the plan has been significantly modified over time and has come to be regulated under the National Parks and Wildlife Act, in contrast with the original proposal of recreational hunting in national parks, as it was announced in May 2012 by New South Wales Premier Barry O’Farrell. This amendment of the Game and Feral Animal Control Act was part of a deal with the Shooters and Fishers Party. The government needed at least one vote from a Shooters and Fishers Party MP to pass electricity privatisation legislation, as both Labor and Greens opposed it. O’Farrell’s plans to allow pest control by licensed individuals called for licencing by the Game Council of New South Wales.

Following a report sharply criticizing the Game Council, the government dissolved it in mid-2013, suspended hunting on public lands, and reconsidered the plan to allow amateur hunters into national parks — thus breaking the earlier promise to the Shooters and Fishers Party.

Tuesday, October 14, 2008

The San Diego, California suburb of Chula Vista has responded to the recent housing crisis with an aggressive blight control ordinance that compels lenders to maintain the appearance of vacant homes. As foreclosures increase both locally and throughout the United States, the one year old ordinance has become a model for other cities overwhelmed by the problem of abandoned homes that decay into neighborhood eyesores.

Chula Vista city code enforcement manager Doug Leeper told the San Diego Union Tribune that over 300 jurisdictions have contacted his office during the past year with inquiries about the city’s tough local ordinance. Coral Springs, Florida, and California towns Stockton, Santee, Riverside County, and Murietta have all modeled recently enacted anti-blight measures after Chula Vista’s. On Wednesday, 8 October, the Escondido City Council also voted to tighten local measures making lenders more accountable for maintenance of empty homes.

Under the Chula Vista ordinance lenders become legally responsible for upkeep as soon as a notice of mortgage default gets filed on a vacant dwelling, before actual ownership of the dwelling returns to the lender. Leeper regards that as “the cutting-edge part of our ordinance”. Chula Vista also requires prompt registration of vacant homes and applies stiff fines as high as US$1000 per day for failure to maintain a property. Since foreclosed properties are subject to frequent resale between mortgage brokers, city officials enforce the fines by sending notices to every name on title documents and placing a lien on the property, which prevents further resale until outstanding fines have been paid. In the year since the ordinance went into effect the city has applied $850,000 in fines and penalties, of which it has collected $200,000 to date. The city has collected an additional $77,000 in registration fees on vacant homes.

Jolie Houston, an attorney in San Jose, believes “Lenders will respond when it costs them less to maintain the property than to ignore local agency requirements.” Traditionally, local governments have resorted to addressing blight problems on abandoned properties with public funds, mowing overgrown lawns and performing other vital functions, then seeking repayment afterward. Chula Vista has moved that responsibility to an upfront obligation upon lenders.

As one of the fastest growing cities in the United States during recent years, Chula Vista saw 22.6% growth between 2000 and 2006, which brought the city’s population from 173,556 in the 2000 census to an estimated 212,756, according to the U.S. Census Bureau. Chula Vista placed among the nation’s 20 fastest growing cities in 2004. A large proportion of local homes were purchased during the recent housing boom using creative financing options that purchasers did not understand were beyond their means. Average home prices in San Diego County declined by 25% in the last year, which is the steepest drop on record. Many homeowners in the region currently owe more than their homes are worth and confront rising balloon payment mortgages that they had expected to afford by refinancing new equity that either vanished or never materialized. In August 2008, Chula Vista’s eastern 91913 zip code had the highest home mortgage default rate in the county with 154 filings and 94 foreclosures, an increase of 154% over one year previously. Regionally, the county saw 1,979 foreclosures in August.

Professionals from the real estate and mortgage industries object to Chula Vista’s response to the crisis for the additional burdens it places on their struggling finances. Said San Diego real estate agent Marc Carpenter, “that kind of measure will add additional costs to banks that have been hit really hard already and ultimately the cost will be transferred down to consumers and investors.” Yet city councils in many communities have been under pressure to do something about increasing numbers of vacant properties. Concentrations of abandoned and neglected homes can attract vandals who hasten the decline of struggling neighborhoods. Jolie Houston explained that city officials “can’t fix the lending problem, but they can try to prevent neighborhoods from becoming blighted.”

CEO Robert Klein of Safeguard, a property management firm, told the Union Tribune that his industry is having difficulty adapting to the rapidly changing local ordinances. “Every day we discover a new ordinance coming out of somewhere”, he complained. Dustin Hobbs, a spokesman from the California Association of Mortgage Bankers agreed that uneven local ordinances are likely to increase the costs of lending. Hobbs advised that local legislation is unnecessary due to California State Senate Bill 1137, which was recently approved to address blight. Yet according to Houston, the statewide measure falls short because it fails to address upkeep needs during the months between the time when foreclosure begins and when the lender takes title.

Wednesday, December 21, 2011

Former Salt Lake City mayor and human rights activist Rocky Anderson took some time to discuss his 2012 U.S. presidential campaign and the newly-created Justice Party with Wikinews reporter William S. Saturn.

Anderson served as mayor of Salt Lake City for eight years (2000–2008) as a member of the Democratic Party. During his tenure, he enacted proposals to reduce the city’s carbon emissions, reformed its criminal justice system, and positioned it as a leading sanctuary for refugees. After leaving office, Anderson grew critical of the Democratic Party’s failure to push for impeachment against President George W. Bush, and for not reversing policies on torture, taxes, and defense spending. He left the party earlier this year and announced that he would form a Third party.

Anderson officially established the Justice Party last week during a press conference in Washington D.C.. He proclaimed “We the people are powerful enough to end the perverse government-to-the-highest-bidder system sustained by the two dominant parties…We are here today for the sake of justice — social justice, environmental justice and economic justice.” The party promotes campaign finance reform and is attempting to appeal to the Occupy Wall Street movement. It is currently working on ballot access efforts, and will hold a Founding Convention in February 2012 in Salt Lake City.

Among other issues, Anderson discussed climate change, health care, education, and civil liberties. He detailed his successes as mayor of Salt Lake City, stressed the importance of executive experience, and expressed his views on President Barack Obama and some of the Republican Party presidential candidates. He spoke in depth about former Massachusetts governor Mitt Romney, with whom he worked during the 2002 Winter Olympics, and fellow Utahan, former governor and U.S. ambassador to China Jon Huntsman, Jr..

Saturday, April 7, 2007

The former State Lunatic Hospital at Danvers better known as Danvers State Hospital in Danvers, Massachusetts suffered a major fire last night that could be seen for miles and led to temporary shut down of US Route 1 and Interstate 95 in the area.

The infamous American former mental hospital has been closed since 1992 is the site of a new condominium and apartment buliding complex being developed by Avalon Bay Communities. Four apartment units and four utilities bulidings went in up in smoke in the four-alarm fire. The units were not occupied, however, two were nearing completion which is a major financial setback for Avalon Bay. The fire did not spread to the famous Kirkbride building though, which is being renovated into apartments, aside from a cupola due to radiant heat.

Calls started coming just before 2:00 am EDT Saturday morning to report a fire on the hospital’s grounds which before the development sat unused, decaying and abandoned and became a popular target for ghost-hunters, vandals and urban explorers and also served as the focus of the 2001 thriller/horror film, Session 9 which brought renewed attention to infamous hospital which led to increased security at the site over the years. Reports of explosions before the fire started were noted by neighbors and residents.

About 20 residents on the other side of the 77-acre property were evacuated to Danvers High School as a precaution, they are expected to return later today. Their homes were not harmed by the fire, nor were any injuries reported from them. However, about seven firefighters suffered some minor burns from battling the fire, which took seven hours to bring under control. Firefighters will remain on the scene to make sure no hot spots flare up as the fire is still smoldering.

The cause of the fire is not yet known.

Wednesday, August 10, 2005

The province of Alberta, Canada is considering legal action against Canadian National Railway for failing to warn that a derailment last week contaminated Wabamun Lake with a hazardous chemical.

The 700,000 litres of heavy Bunker C fuel oil that spilled into the lake asphyxiated birds and killed fish.

In addition, one of the ruptured tanker cars sent 70,000 liters of Imperial Pole Treating Oil into the lake. This oil is a yellow mixture of polycyclic aromatic hydrocarbons and aliphatic hydrocarbons. Naphthalene, a component of this “very toxic material” is suspected of causing skin cancer if touched and lung or other cancers if inhaled.^[1] Inhalation is promoted by actions that cause splashing or foaming. The mineral oil is used in connection with pentachlorophenol for preserving wooden utility poles.

Wabamun Lake is a popular summertime recreational area about 65 kilometers (40 miles) west of Edmonton, Alberta.

The 766-megawatt Keephills power generating plant, one of 3 in Wabamun, was shut down because the coal-fired plant uses water from the lake. Edmonton’s health authority ordered people not to swim, boat or rescue animals in the lake and to stop using its water or any water from nearby wells for cooking, drinking, showering or brushing teeth. These warnings came 3 days after many residents, including children, had been wading into the oil slick without protective clothing to save wildlife injured by the spill and others had been routinely depending on the lakewater for home use. Why the alert was not issued sooner remains under investigation and may result in criminal charges. Canadian National Railway had been informed of the nature of the oil when it was loaded by Imperial Oil Ltd., Canada’s largest petroleum company. Imperial Oil is posting informational updates on a special website [2]. In addition The Wabamun Residents Committee has established an information website [3].