£2k to invest? I think this FTSE 100 stock could double your money

first_imgSimply click below to discover how you can take advantage of this. Rupert Hargreaves | Monday, 6th July, 2020 | More on: BKG Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. £2k to invest? I think this FTSE 100 stock could double your money “This Stock Could Be Like Buying Amazon in 1997” Many FTSE 100 companies might struggle in the second half of 2020. The UK economy faces an uncertain outlook. The coronavirus crisis has left some deep scars in certain parts of the economy, while Brexit could inflict future pain towards the end of the year.However, while some companies may struggle over the next few months, others could prosper. There’s one group of FTSE 100 stocks, in particular, that might do better than others.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…FTSE 100 stocks to buyHomebuilders like Berkeley Group Holdings (LSE: BKG) may do better than many other FTSE 100 companies going forward.At the height of the coronavirus crisis, the government put the UK housing market into cold storage. But in recent weeks, the market has started to return to normal.Recent trading updates from Berkeley’s FTSE 100 peers suggest demand is returning to normal levels, although many companies are set to miss their construction targets for the year.This is relatively good news. The UK housing market remains structurally undersupplied. And if homebuilders are struggling to increase output, that’ll constrain supply. That may support home prices.At the same time, there’s speculation the government may extend the Help to Buy scheme. Other proposed initiatives, such as a stamp duty cut, may help stimulate the market. Low-interest rates have also made mortgages more affordable.All of this support for the market is highly positive and may ensure that house prices don’t decline substantially in the months and years ahead. That’s excellent news for FTSE 100 homebuilders like Berkeley.Double your moneyBerkeley has laid out some ambitious growth targets over the next few years. The FTSE 100 homebuilder is targeting a cumulative pre-tax profit of £3bn between 2020 and 2025. It has just over £1.1bn of cash on its balance sheet to buy land to help hit this goal.This profit target seems highly ambitious. The company’s market capitalisation is only £5.2bn at the time of writing, which suggests that if the firm hits these growth targets, the stock could offer a significant margin of safety at current levels.The group also plans to return £280m every year to 2025 to investors via dividends. At current prices, that suggests a return of £1.4bn in dividends at least over the next five years. That’s a return of 27% on the FTSE 100 giant’s current share price.On top of this, a return to 2019 levels of ability to take the stock back to 5,500p, an increase of nearly 30% from current levels. This income and capital growth potential could lead to a near 60% return for shareholders over the next five years.Special dividends are also a possibility. Berkeley announced plans to return £1bn to shareholders earlier this year following a bumper 2019 (including the £280m mentioned above). The FTSE 100 the company has since scraped these extra cash return plans. But if management reinstates the special cash returns, there’s potential for the business to return 70-80% of its current market capitalisation to investors over the next half-decade.Including the potential for capital gains, this implies the FTSE 100 stock could double shareholders investment over the next five years. See all posts by Rupert Hargreavescenter_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shareslast_img read more

7 great Christmas charity singles

first_img5) Home for Christmas – Military Wives ChoirMilitary Wives Choir has released a Christmas single as well as an album: both entitled Home for Christmas. The single is a reworking of Hark the Herald Angels Sing and features over 1,000 singers from 69 military wives choirs across the UK. All proceeds from both will go to The Military Wives Foundation. 3) You Can’t Always Get What You Want – Friends of Jo CoxRicky Wilson of the Kaiser Chiefs and KT Tunstall have been joined by a number of MPs including Tracy Brabin, who now represents Cox’s Batley and Spen constituency, to record a cover of The Rolling Stones’ You Can’t Always Get What You Want to raise funds for the new Jo Cox Foundation. The single is due for release on 16th December. 2) Christmas Without You – Hello Christmas25 YouTubers with a social following of 25m have got together to launch this single, including 16-year-old YouTuber Jake Mitchell, fashion and beauty vlogger Marina Joyce and 13-year-old singer Sapphire from Basingstoke. The song was released on Sing King Karaoke’s YouTube channel with proceedings supporting Make-A-Wish ® UK. Advertisement [youtube height=”450″width=”800″] https://www.youtube.com/watch?v=6cGnHyOxPzg[/youtube] [youtube height=”450″width=”800″] https://www.youtube.com/watch?v=P9DSZscjoUk[/youtube]1) If Everyday Was Christmas – Cruz BeckhamEleven-year-old Cruz Beckham has released his first ever single If Everyday Was Christmas in a bid to win the number one slot. Proceeds from sales will go to Global’s Make Some Noise charity.  443 total views,  3 views today 7) X Factor winner’s singleNow an anticipated contender for the Christmas number one, the final acts for 2016 have all recorded their songs for a single, but will it be Matt Terry, Saara Aalto, or 5 After Midnight that takes the crown this weekend, 10-11th December? All profits from sales will be donated to Shooting Star Chase and Together for Short Lives, and the Chancellor has also announced that all VAT from sales of the single will go to the charities too. This is the sixth year that the government has waived the VAT from the winner’s single. December wouldn’t be the same without the anticipation of which song will be crowned the Christmas number one, but who will top the charts this year, and will it be a charity single? Paddy Power currently has The X Factor winner at 6/4 and Friends of Jo Cox running at 5/2, but the competition is steadily mounting. Here is our round-up of 7 of the biggest Christmas charity singles released so far for 2016. 7 great Christmas charity singles [youtube height=”450″width=”800″] https://www.youtube.com/watch?v=XBLgZikvM3U[/youtube] 6) This Time of Year – St Giles HospiceSt Giles Hospice is raising funds this December with This Time of Year, performed by West Midlands community choir Sing2gether. All proceeds from downloads of the song will go to the charity, and the single can be downloaded from Amazon Music, Google Play and iTunes. Don’t be worried by #lawsongs ideas? 7 days left. Things like “Deck the Halls with Banks & Tolley” will be fine. https://t.co/zskujOnkpF— Gordon Exall (@CivilLitTweet) December 7, 2016  444 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis26 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis26 SEE ALSO: 16 charity Christmas singles for 2017 Tagged with: charity single christmas music 8) Civil Litigation BriefNot a song in itself but a competition from Gordon Exall’s Civil Litigation Brief to come up with the best title for a legal Christmas song that asks entrants for a £5 donation that will be shared between The Ey Foundation, and The Lord’s Taveners. The winner will get a specially designed T-Shirt “Legal Christmas Song Winner 2006” with the winning title on the front. Melanie May | 8 December 2016 | News About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. 4) The Living Years – The London Hospices ChoirThe London Hospices Choir, which is made up of more than 300 patients, staff and volunteers from 18 hospices in the capital including North London Hospice and Prince Alice Hospice, have covered Mike & The Mechanic’s The Living Years, with Paul Carrick who was lead vocalist on the original hit. All proceeds go to support the hospice network.last_img read more

At UAW convention, autoworkers show they want equal pay for equal work

first_imgThis year, the United Auto Workers union will negotiate new contracts with auto and truck manufacturers General Motors, Ford and Chrysler, as well as with tractor and farm equipment maker John Deere, and other major corporations. On March 24 and 25, the union held its “Special Bargaining Convention” in Detroit.Keeping with tradition, the delegates from hundreds of locals around the country and in Canada and Puerto Rico discussed and passed a 72-page resolution, prepared in advance and reflecting the orientation of the UAW’s International Executive Board. The UAW has more than 390,000 active members and more than 600,000 retired members in the United States, Canada and Puerto Rico.While there was a controlled and even staged atmosphere, the rumblings on the plant floors could be felt on the floor of the convention. For two days, two-tier pay was the hot topic among the rank-and-file delegates.Here is the message the shop floor sent to the convention: The companies are making record profits. Every worker deserves a raise. A fight at the bargaining table for “equal pay for equal work” is long overdue.What is two-tier pay?Two-tier pay is a capitalist scheme to drive wages down for all workers. As a first step, a union agrees to a permanent lower wage, but only for workers who have not yet been hired. Eventually, through attrition — the loss of higher seniority workers who retire, quit or die — all of the workers left will be those who started at the lower wage. That in itself cuts all workers’ wages.It’s not the only downside to two-tier wages. In the interim period, workers work side by side but get unequal pay for the same work. As a leaflet distributed by the rank-and-file group “Autoworker Caravan” points out, this leads to a divisive “us and them mentality” that turns worker against worker and disrupts the worker solidarity needed for a successful struggle against the bosses.Two-tier began in the airline and retail sectors in the 1980s. It is now commonplace in both public and private sector contracts. The first two-tier contract with the UAW was at the construction and mining equipment manufacturer Caterpillar after the company succeeded in breaking a long strike. Two-tier wages then spread to the parts suppliers and to Detroit: the three contracts with General Motors, Ford and Chrysler in 2007.In reality, there are more than just two tiers of wages in the auto industry. Alongside UAW members at Ford, GM and Chrysler are outside company employees who are paid even lower wages. In contracts with parts suppliers there are often more than two pay scales. Auto workers, especially the vast majority who are unorganized, are part of the low-wage workforce — making little more than their counterparts at McDonalds and Walmart.A prime example of low pay is the Lear plant in Selma, Ala., which supplies seats to Hyundai. Workers there are fighting for a living wage. It was announced at the convention that Kim King, a leader in that fight, had just been fired.Debate over the resolutionTaken in its entirety the resolution was a series of contradictory statements. Statements that, “We’ve had to fight to win fair contracts” contrasted with support for “the German co-determination model.” The German model is supposed to substitute discussion between the union and management for raw class struggle. In effect, “co-determination” reinforces collaboration between the union leadership and the bosses by limiting what issues can be addressed through collective bargaining and the grievance procedure.Speakers against the resolution opposed the weak and deliberately vague phrase, “bridging the gap,” a slogan repeated throughout the convention.  Local 551 Vice President Scott Houldieson from Ford’s Chicago assembly plant proposed changing the word “bridging” to “eliminating” so the result would read, “eliminating the gap,” that is, making sure there is equal pay for equal work.Speaking for the top UAW officials, International President Dennis Williams rebuffed Houldieson’s amendment. But many rank-and-file delegates embraced language that spoke to fighting for equality and justice.Delegates also voiced anger about the “alternative work schedules” that undermine the eight-hour day. “You will create a lot of jobs,” said delegate Kathy Smith from Chrysler’s Trenton Engine Plant, because “workers will die” from working long hours and constantly switching from day shift to night shift. The resolution says nothing about restoring the eight-hour day and the weekend, which past generations fought and died for.At last year’s Constitutional Convention, the leaders asked for and got a dues increase, with the stated purpose of bolstering the strike fund. Now the union must start talking about using the funds for their intended purpose — to support a strike. Only by fighting for their rights can the auto workers halt the fall in wages and benefits, heal the divisions and strengthen solidarity.Martha Grevatt is a 27-year Chrysler worker who represented UAW Local 869 at the convention as an alternate delegate.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

DuPont Pioneer Agronomy Update 5/15/17

first_img Facebook Twitter DuPont Pioneer Agronomy Update 5/15/17 Previous articleA Hoosier Still on the List for Top USDA PostNext articleMexico Officials Ready to Talk Trade with U.S. Gary Truitt Home News Feed DuPont Pioneer Agronomy Update 5/15/17 SHARE Facebook Twitter SHARE By Gary Truitt – May 15, 2017 DuPont Pioneer Agronomy Update 5/15/17A weekend of dry weather and several good drying days this week have planters rolling in many parts of the state. Brian Early, with DuPont Pioneer in east central Indiana, says planting and replanting are underway, “We have many fields that have dried out, but you don’t have to push down very far to find there is still a good deal of moisture in the soil.” He told HAT rain totals in the north were a little lower and, thus, they got back in the fields over the weekend.In addition to wet soil, Early said soil crusting is a major issue, “In some fields it is light enough that the  crops may break through, but in some areas the crust will be too hard for newly planted seeds to break through.” He said, in the next few days, growers should be able to tell which fields can be saved and which will have to be replanted.According to Early, breaking up soil crust can be a difficult management chore, “You can try a rotary hoe, but the issue we have had with these is they do not have a lot of down pressure and sometimes cannot break through the soil.” He said some growers have used a planter or vertical tillage tool, “These options are very time consuming.”last_img read more

Investigation continuing into burglary at former ‘Grill nightclub’

first_imgHomepage BannerNews News, Sport and Obituaries on Monday May 24th By News Highland – January 5, 2021 Previous articleNativity crib in Letterkenny targeted againNext articleTwo males wanted in connection with early morning burglary News Highland WhatsApp Google+ Facebook Pinterest WhatsApp Twitter Google+ Investigation continuing into burglary at former ‘Grill nightclub’center_img Pinterest Loganair’s new Derry – Liverpool air service takes off from CODA Nine til Noon Show – Listen back to Monday’s Programme An investigation is continuing into a burglary at the former ‘Grill nightclub’ in Letterkenny. The incident happened at some stage between 7am on Friday the 1st of January and Midnight on Sunday the 3rd of January.Entry was gained to the building through a basement door. An office was ransacked inside and fire extinguishers were set off causing damage within the building. Nothing was stolen from the premises.Anyone who has any information to offer in relation to this incident, or who may have observed any activity in or around the building over those few days that may be of interest are being asked to call Letterkenny Gardaí on 074-9167100 or call the Garda Confidential line on 1800 666 111. DL Debate – 24/05/21 Facebook Twitter Arranmore progress and potential flagged as population grows Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHORlast_img read more

Love life walks began on mountaintop

first_img “I was hiking the Appalachian Trail when I learned my son had taken his life,” Fugate said. “I left the trail but, later, I went back and finished the hike. As I was standing there on the top of Mount Katahdin, I knew I had to do something to keep others from experiencing what it’s like to lose a child in such a way. I had to find some way to mend a broken heart while yet beating and to share that way with others.”On Monday, Steve Fugate was walking along busy Highway 231 with a sign above his head that read “Love Life.”He stopped to rest in Brundidge at the lunch invitation of Shaynne Braswell of Eufaula. “For some reason, I wanted to stop and talk with him,” Braswell said. “A friend was on the phone with me when I saw a man walking with a sign that said, Love Life. I told my friend I wanted to stop. He asked me why. I didn’t really know. So, I just said that he might be a veteran.”And, yes, he was.“I served in the Navy from 1962-1964,” Fugate said. “That was during Vietnam.” But neither his military service nor his foot-miles across the country are the heart of Fugate’s story. “I’ve walked this country nine times now and have covered about 47,000 miles in honor of my son,” he said. By walking I am letting others know that we should Love Life. It’s not always easy to do but it’s possible.”Fugate started his Love Life walks in 1991 to honor his son. Six years later, he was again challenged in his love of life when his daughter died. But, after losing both his children, Fugate still loves life. He shares his love of life and the beauty of America with those who, like Braswell, “for some unknown reason” are compelled to stop and talk.Fugate’s home base in Sabastian, Florida. His walks have taken him all across the country. The Love Life Walks have taken him from California to Maine which is the “knock-down most gorgeous state.” The walk Fugate is now on will take him to Georgia to share thoughts with a reader of his book “Love Life Walk.” Then, he will double back to Oregon – if things settle down. Along the way, along all Fugate’s ways, he shares his stories and others share theirs which are shared in his book,” Love Life Walk.”“I’ve talked with people from all walks of life, of every creed, of every race – so many who have something to share about loving life and how we ‘walk’ through it,” Fugate said. “And every story is a smile framed by tears.” By The Penny Hoarder Love life walks began on mountaintop By Jaine Treadwell Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Book Nook to reopen Remember America’s heroes on Memorial Day Published 9:31 pm Monday, August 3, 2020 Alabama nears 90,000 confirmed cases Pike County’s risk shifted back to the high category in the latest assessment by the Alabama Department of Public Health…. read more Skipcenter_img Print Article You Might Like Pike County Sheriff’s Office offering community child ID kits Sponsored Content Steve Fugate stood atop Maine’s Mount Katahdin with tears running down his face.But, it’s not unusual for those who complete the 2,000-mile Appalachian Trail from Springer Mountain, Georgia to the top of “The Greatest Mountain” to have a mystical experience.But, for Steve Fugate, completing the Appalachian Trail was more than conquering a trail and experiencing the exhilaration of being on the mountain top. It was the beginning of a new journey that had roots in a place of deep sorrow. Troy falls to No. 13 Clemson Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Patriot Health ZoneHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential Health32-second Stretch Ends Back Pain & Sciatica (Watch)Healthier LivingThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Plans underway for historic Pike County celebration Email the author Latest Storieslast_img read more

Detroit to board up vacant homes where possible serial killer may be targeting sex workers

first_imgiStock(DETROIT) — Detroit’s mayor is vowing to board up the city’s vacant homes in the wake of a potential serial killer who may be using the empty dwellings to target victims.After three victims were discovered, Detroit Police Chief James Craig warned this week that the suspect may be a serial killer and rapist who is singling out sex workers.“It’s possible another victim could be in one of the many vacant houses on the east side,” Detroit Mayor Mike Duggan said at a news conference on Friday.Officers will be deployed — beginning Friday — to go into every open and abandoned house on the east side over the next few weeks to make sure there are no more victims, the mayor said. The houses will then be boarded up.The crimes date back to March 19, when a partially-clad woman was found dead in a vacant home on Detroit’s east side, the chief said. “She died from blunt force trauma,” he said.On May 24, another partially-clad dead woman was found at a vacant dwelling on the east side, according to Craig.The third crime was discovered Wednesday, when a sex worker going into a vacant dwelling on the east side found a dead woman and notified police.“It is certainly a strong possibility that one individual was responsible for all three,” Duggan said. “Rather than wait until the chief knew for sure, he felt it was important to warn this community about the possibility of someone killing women in this manner.”The causes of death for the final two victims have not been determined.One victim was 52 years old and one was 53 years old, according to Craig, noting that it appears the suspect may be targeting women in their 50s.Police have 2,000 vacant houses in the city to reach — 1,000 on the east side and 1,000 on the west side. The board-up teams will work six days a week, and Duggan said his goal is to have every east side vacant home boarded up by the end of July. He hopes the plan to be completed citywide by the end of September.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

WeWork battles Chetrit Group over Midtown lease

first_imgFrom left:  Joseph Chetrit, 404 Fifth Avenue and WeWork CEO Sandeep Mathrani (Photos via Wikipedia Commons; Google Maps)WeWork claims the Chetrit Group is threatening to illegally draw down on a multimillion-dollar letter of credit at its Midtown Manhattan location.In a complaint filed in NewYork State Supreme Court, the flexible-office provider claims that its lease at 404 Fifth Avenue requires the landlord to first provide WeWork with a notice of default. Even if those conditions were met, the state’s eviction moratorium precludes the default notice from being served, WeWork claims.And it wouldn’t be the first time: WeWork also alleges Chetrit wrongfully drew down a letter of credit for another lease at 428 Broadway, also known as “The Suspenders Building,” last month.Read moreWeWork Losses Continue But Firm Sees Glimmer of HopeWeWork On Track For Profitability By End of 2021WeWork Tells Members You Must Pay Rent WeWork signed a 13-year lease for the third through seventh floors of the office building at 404 Fifth Avenue in 2015. WeWork spent about $10.2 million to build out the space, the court filing states. In a separate allegation, the company claims Chetrit owes WeWork $697,000 for its contribution to the build-out that it never paid.Though Chetrit has not formally sought to draw down on the letter of credit, the suit claims the landlord threatened to do so in a telephone conversation on Dec. 16. According to the complaint, WeWork provided the landlord with a $2.4 million letter of credit on Aug. 14, issued by Goldman Sachs International Bank, in addition to a personal guarantee.WeWork also says in its complaint that Chetrit is “likely to resort to self-help” with regards the draw-down.WeWork declined to comment on the lawsuit. Lucas Ferrara of Newman Ferrara who is representing WeWork’s affiliate, 404 Fifth Tenant LLC, declined to comment.The Chetrit Group did not immediately return a request to comment.WeWork has experienced some hardships since the pandemic, as have many of its competitors. Demand for office space has tanked as workers have been slow to return and more companies are embracing working from home permanently. In August, SoftBank poured $1.1 billion into WeWork after membership plummeted. In the second quarter, the company’s membership reportedly fell 12 percent from the first quarter to 612,000.The office giant had become Manhattan’s biggest occupier of office space, but since the pandemic has said it may exit one in five leases as it looks to cut costs and achieve profitability.Contact Keith Larsen Share via Shortlink Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Full Name*center_img Email Address* Message* TagsChetrit GroupCommercial Real EstateIndustrial Real EstateManhattan Office MarketReal Estate LawsuitsWeWorklast_img read more

A composite gazetteer of Antarctica

first_imgPublication of the Composite gazetteer of Antarctica by the SCAR Working Group on Geodesy and Geographic Information is a major milestone in the evolution of Antarctic toponymy. It has taken six years to produce, and contains 21,552 names representing 16,563 geographic features, sourced from 20 national Antarctic gazetteers and one international agency. The Gazetteer has been designed to avoid any value judgement regarding precedence or form of the various place-names. The contents of the two volumes are described, and the results of an analysis of the names data are presented. It is noted that 476 geographic features have two or more completely different names, whereas 3377 features have multiple names due to translation or transliteration. The limited progress towards development of toponymic guidelines for the Antarctic is described, along with plans for further development of the Gazetteer. An immediate benefit of the publication is that national Antarctic geographic names authorities will now be able to avoid approving new names for geographic features that are already named.last_img read more

Mayor’s Message: Dec. 6

first_imgDr. Friends,The Army Corps of Engineers renourishment project for beaches at the southern end of Ocean City could begin as early as Thursday. The exact schedule is dependent on weather, equipment and other factors, but the contractor reported this week that work in Strathmere is ahead of schedule and could be complete by the end of the weekend.The contractor took advantage of calm seas last week to lay a pipeline from a dredge in Corson’s Inlet to the beach between 58th Street and 59th Street. Work to rebuild beaches and dunes will begin at 59th Street. About 1,000 feet (two blocks) of beach at a time will be closed to public access as the work moves progressively northward toward 45th Street.The project is expected to be completed within 30 days, and when it is, Ocean City will have received 505,000 cubic yards of new sand across 1.5 miles of beach. Original estimates called for 455,000 cubic yards, but the volume was increased after new surveys accounted for recent storm damage.Pipe has been laid from a dredge anchored off Corson’s Inlet to the beach between 58th and 59th streets as the project prepares to get underway. (Photo courtesy city of Ocean City)Work to rebuild beaches at the northern end remains on schedule to start around May 1 with mobilization of equipment in April. I want to thank you all for your patience and understanding as this important work takes place. I also want to thank our partners in the Army Corps and the state Department of Environmental Protection. This program is essential in protecting property in Ocean City and across the entire coastline.I want to remind you that tomorrow (Saturday, Dec. 7) letter carriers in Ocean City will be collecting food for families in need. I encourage everybody to help. All you have to do is leave a bag of non-perishable food by your mailbox. Your carriers will pick up the donations as they cover their regular delivery routes. Read more about the program and what items are needed.I also hope to see you all at tonight’s Christmas Parade. The parade – with more than 70 entries – will start at 6 p.m. and travel Asbury Avenue from Sixth Street to 11th Street. Santa is expected to pay a visit and will ride in a horse-drawn carriage at the end of the parade lineup.Warm regards,Mayor Jay A. Gillian Mayor Jay Gillianlast_img read more