Bank gives to collegeWESTMINSTER -- Carroll County Bank...

Bizline

June 28, 1992

WESTMINSTER — Bank gives to college

WESTMINSTER -- Carroll County Bank & Trust Co. has become the seventh major contributor to the Carroll Community College Founders' Endowment Fund with a pledge of $2,500.

The Founders' Fund will be used to assist students, build faculty and program development, sponsor cultural activities, provide state-of-the-art equipment and expand other college-related general programs.

Those making pledges through June 30 to the fund will have it matched in the Private Donation Incentive Program.

& Information: 876-9639.

Center is put on hold

SYKESVUKKE

SYKESVILLE -- Groundbreaking for the $3.5 million Raincliffe Business Center has been delayed at least until the end of the year while the developer continues to contract for tenants.

"We're busily trying to market the center and trying to get financing," said David W. Moxley, project manager from Security Enterprises of Ellicott City, in Howard County.

Security Enterprises had planned to break ground for the 32-acre industrial and commercial center this spring but was unable to secure additional financing.

The state Board of Public Works approved $1.25 million in state loans toward the project in January.

Another $250,000 loan from the county gave the developer and town about half the necessary financing.

Moxley said the firm had been unable to obtain an additional $2 million in private loans.

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