Regional ledger

Regional ledger

October 29, 1990

Maryland Lt. Gov. Melvin Steinberg will be the featured speaker at the Anne Arundel Trade Council's Before Business Hours Coffee, from 8 to 9 a.m.

today at the Anne Arundel Community College cafeteria.

Steinberg will discuss the Trade Council's Adopt-A-School business/education partnership.

The program, unveiled this summer, identifies the educational needs of the community and takes steps to meet them. Businesses supply expertise, equipment and financial donations to the college so it can continue to meet the need for a well-trained work force.

The coffee meeting is free, but reservations are required. Information: 757-6709 or 974-4402.


Gov. William Donald Schaefer will join with manufacturers from across Maryland to learn more about the Foundation for Manufacturing Excellence from 8 to 10 a.m. tomorrow at the BWI Airport Marriot.

This kickoff of the organization will feature a welcome and invocation by Bill Tate, chairman of the Maryland Manufacturers Association; a breakfast and appearances by Paul Coughlin, chairman of the Foundation for Manufacturing Excellence, and J. Randall Evans, secretary of the Department of Economic and Employment Development. A number of exhibits will be on display.

The foundation will seek to serve the needs of Maryland manufacturers who wish to improve quality, productivity, and competitiveness.

Seats are $35 per person, with tables of 10 costing $350, and exhibit space, including two seats, costing $100. Information: 269-0642.


Seven development projects in Anne Arundel County recently won in the county's annual Excellence in Beautification and Development Awards Program.

The program, begun six years ago by County Executive O. James Lighthizer, recognizes the development projects that exceed minimum requirements through innovative and distinctive design, community contribution, historic preservation and resource conservation.

Award winners and developers were: Annapolis-Ericson Inc.; Oregon Business Center-FRP Development Corp.; 188 Main St., Annapolis-Jerome J.

Parks Cos.; One National Business Park-The KMS Group; Arundel Olympic Swim Center-Anne Arundel County Department of Recreation and Parks; Riva 400 Office Park-Annapolis Development Corp.; The Village of Cromwell Fountain-Cromwell Fountain Associates.

Awards have been presented to 41 out of 121 projects nominated in the last six years.


Goodyear Tire & Rubber Co. recently signed a lease for a 6,208-square foot service center at Park 97 in Anne Arundel County.

The landlord in the transaction is East Park Shopping Center Limited Partnership. Bob Powell of Coldwell Banker Commercial Real Estate Services was the broker in this transaction.


The Anne Arundel Trade Council recently voted to officially endorse the efforts of Fairness to All County Taxpayers (FACT).

The decision, made at an Oct. 16 quarterly board of directors meeting, reflects the board's opposition to the proposed county amendment calling for a 4.5 percent cap on property tax revenue. The Trade Council believes the cap would adversely affect education, and all aspects of government services and quality of life in the county.

In addition to endorsing FACT, the Trade Council is serving an educational role in opposing the November ballot amendment by alerting its members to what it considers to be the amendment's negative ramifications.


Salisbury-based Second National Federal Savings Bank, with several county locations, was the dominant lender in the Ocean City resort market with 30 percent of all residential mortgages, according to the Worcester Information Network.

Worcester County (which includes the Ocean City resort) mortgage lending totaled at $79,790,549, of which Second National funded $23,961,875.

Its nearest competitor, Loyola Federal, had 8.2 percent of the market.

Second National has a branch network of 40 banking offices and 11 loan production offices in Maryland, Delaware, Pennsylvania, Virginia and the District of Columbia.


Companies searching for new office space can now tour the National Business Park, KMS Group's new 350-acre mixed use development at the intersection of the Baltimore-Washington Parkway and Route 32, without leaving their offices.

A new 10-minute videotape of the park is available from KMS. The tape, in VHS format, provides viewers with a fast-moving tour of the park, including its 12-story office tower and two low-rise office/tech buildings.

The video highlights the National Business Park's sites available for "build to suit" or headquarters buildings, the surrounding area and the local economy.

The KMS Group Inc., a Constellation Co. based in Columbia, is a developer of commercial real estate including shopping centers, office buildings and industrial parks throughout the mid-Atlantic region.

Information: 992-7325.

Baltimore Sun Articles
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.