The Mobile Press-Register reported on its new contract to print our daily newspaper. It is a multi-year deal that begins in early June. “This contract is especially important during these difficult economic…
Category: Escambia County
PNJ evolves
PNJ is reporting that it is moving its printing operations to Mobile. They are outsourcing it to the Mobile Press Register. A combination of 84 full-time and part-time jobs will be eliminated…
Food World/Bruno could lay off 302
Bruno’s Supermarkets LLC has posted WARN (Worker Adjustment and Retraining Notification) notices with Florida’s Agency for Workforce Innovation that it may lay 302 employees at its Food World and Bruno stores in…
IN CMP Finance Proposal
City Finance Director Dick Barker is proposing a finance plan for the Community Maritime Park that will cost $92.6 million and have level annual payments of $3.3 million (finance-agenda-4-6-09_164134-2). The bond market…
CMP delays cost nearly $14.4 million
In March 2007, the City staff estimated that the CMP bonds would cost a total of $71,203,237 (see ecua-april-2007). In his March 2009 presentation, the cost of the borrowing increased to $85,602,469…
CRA can reduce annual payments to ECUA
Under Section 4.5 of the Interlocal Agreement, CRA can reduce the annual payments to the ECUA if the Florida Constitution is amended or the state legislature pays a bill that reduces the…
City contract with ECUA allows for reduction
According to Article 5 Financing and Performance of the Interlocal agreement between the CRA/City and ECUA that was approved by City Council April 2007: “…if the final actual Costs of the Project…
Buzz:Does ECUA need money from the City?
The recession has caused bids for many projects to come in much lower than expected. The New York Times (Companies Pretty Up Prices to Win Stimulus Projects) reports construction companies, hungry for…
Solutia has a buyer
Solutia Inc. has found a buyer for its nylon business: an affiliate of SK Capital Partners II, a New York-based private equity firm that is focused on the chemical, material and health-care…
Gaetz aims to stop double-dipping
Sen. Don Gaetz has filled a bill with Sen. Mike Fasano that will stop public officials from collecting a paycheck and a pension, known as Double-dipping. The bill was approved Tuesday by…
Escambia County school boards passes retirement incentive
The Escambia County School Board is now in the retirement incentive business. They passed a new policy that will come before the Board for final approval on May 11, 2009. This rule…
Help needed for start-ups
Press Release: Pensacola Chamber Calls on Angels to Focus on Capital for Technology Based Economic Development at the iTen Wired Summit PENSACOLA, Fla.- The Pensacola Bay Area Chamber of Commerce together with…