Business

Franklin Park Land Use Plan

Participate in the Toledo 20/20 Land Use Plan for the Franklin Park Neighborhood. Neighborhood input is needed to help in updating the Land Use Plan for the City of Toledo. The Franklin Park Neighborhood is bounded by the Michigan state line, Secor Road, Central Avenue, and Sylvania Township.

Wednesday October 15, 2008

7:00 pm – 8:30 pm

A group of neighbors in Toledo's Vistula Historic District are seeking to vote their precinct "dry" - a move aimed at two carryouts they say are magnets for crime and problems.

"We're tired of this," said Lonnie Homan, leader of the area Block Watch, gesturing to one of the carryouts in question.

Kudos to Wells Fargo for buying Wachovia with no government help. Citigroup, which was hoping to stick it to the taxpayers, ends up losing the deal and looking stupid. Of course, if you work with the government things will go slow and probably be bad. Wells Fargo knows this which is why they decided to purchase Wachovia with their own money.

An interesting note:

“We have a good deal of comfort about the capital cushions at these firms at the moment.” — Christopher Cox, chairman of the Securities and Exchange Commission, March 11, 2008.

William H. Donaldson, who announced his resignation from the S.E.C. in June 2005, created a risk management office to watch for future problems.

This is a Must See Video. Click on the link to view. It will show you the Truth ! See for yourself ! http://www.youtube.com/watch?v=1RZVw3no2A4

Enjoy, Pass it around !

Owners of the Southwyck Shopping Center in South Toledo and Finkbeiner administration officials are proceeding with plans to raze the vacant mall, but Perrysburg developer Larry Dillin will no longer be the go-between for the parties, after many months in that role.

In an attempt to bolster the controversial new entertainment venue created with taxpayer money at the city-owned Erie Street Market near downtown Toledo, the Finkbeiner administration unsuccessfully sought to attract promoters to book shows at the building.

Lamar Advertising Co. will move its regional sales and marketing office back to downtown Toledo after eight years on Matzinger Road, Mayor Carty Finkbeiner announced yesterday.

The company plans to move 21 employees to 116 South Erie St. and it will spend slightly more than $2 million to purchase and renovate the vacant building.

At a press conference today, Mayor Carty Finkbeiner spoke about the submission of an incentive package to City Council, aimed to keep HCR ManorCare in Toledo. For the last year-and-a-half, the City of Toledo's Department of Development and the Ohio Department of Development, have been working with Lt.

NEW YORK (Reuters) - Shares of National City Corp (NCC.N) dropped more than half on Monday as investors wondered which regional bank might need a merger partner as the sector suffered what analysts called a deepening crisis of confidence.

The big Ohio bank slid $2, or 52 percent, at $1.70 on the New York Stock Exchange. The stock fell more than 25 percent on Friday.
----

The CT mentioned Lucas County and the role it played in in taking over the roll of the bank in the Ford Stamping plant deal in their article called "Lending fields a wasteland."
---

George Tanber of http://Newsmeister.com, is reporting of the hotel deal that fell through:

Potential Downtown Hotel Deal Quashed - For Now - Over Land Costs

TOLEDO, Ohio - A deal that potentially would bring a new hotel to downtown Toledo is on hold because the developer believes the asking price for the property is too high.

A bad day for the GOP on politics, bailout plan
Friday September 26, 5:16 am ET
By Charles Babington, Associated Press Writer
Uncertainty dawns after bad day for Bush, McCain and the huge financial bailout plan

NEW YORK - Republican vice presidential candidate Sarah Palin said yesterday that the United States could be headed for another Great Depression if Congress doesn't act on the financial crisis.

Mrs. Palin made the comment in an interview with CBS Evening News anchor Katie Couric while visiting New York to meet foreign leaders.

Toledo-area consumers have paid some of the highest electricity rates in Ohio for long enough and consumers should demand a break, a Toledo City councilman and two Lucas County commissioners said yesterday.

The mountain-climbing, desert-traversing Jeep Wrangler could be headed on a new adventure: to an electric outlet.

Manufacturer Chrysler LLC yesterday unveiled an electric-drive prototype of the Toledo-built model intended to go 400 miles — about the distance between northwest Ohio and Knoxville, Tenn.— on eight gallons of gas.

WASHINGTON: The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.

(Columbus,Ohio, Sept. 22)- The Ohio AFL-CIO has endorsed Issue 6, Ohio's Resort Casino that will be on the November 4th statewide ballot.

"The Ohio AFL-CIO supports Issue 6 because it will create good jobs and the revenue stream will stimulate the economy at the state and local levels, " said Joseph P. Rugola who is the President of the Ohio AFL-CIO.

A downtown building which for years beginning in the 1930s was home to a pair of popular drug stores is reverting to use as a store.

Businessman Jacques "Jack" Eid and his wife, Rania, have spent nearly $300,000 to rehabilitate a 111-year-old building at Madison Avenue and North Michigan Avenue into space for a store and adjoining restaurant.

The United Way of Greater Toledo is moving forward with its project to build a new, smaller home on its downtown site.

The agency submitted its site plans yesterday to the city's plan commission.

Likely Toledo mayoral candidate Keith Wilkowski yesterday proposed putting a $5 million solar panel field atop the Dura Avenue Landfill that could generate electricity for the city while further energizing northwest Ohio's burgeoning solar energy industry.

A new species will soon be joining the Walleye in the fish tank.

The formation of a new arenafootball2 franchise that will begin play at the new downtown sports arena in April, 2010, is expected to be announced today at an 11 a.m. news conference.

Things must be pretty bad here in Northwest Ohio. Of course this is George Bush's fault.
------
.This could be one of the heaviest scrap metal crimes in recent history. The group broke into Weber Transmission and stole 14,000 pounds worth of transmissions needed to fix cars. The victim is blown away either no one noticed or no one bothered to call police.

WASHINGTON — Interior Secretary Dirk Kempthorne told a House committee Thursday that he might fire employees in the agency that collects oil and gas royalties, a week after the department’s inspector general reported extensive ethics abuses there.

"This is a pivotal moment for America's economy," Bush said. He said that a financial contagion that began with low-quality home mortgages had "spread throughout our financial system."

"This has led to an erosion of confidence that has frozen many financial transactions including loans to consumers and to businesses seeking to expand and create jobs," Bush said.