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NEWS
June 28, 1992
Bank gives to collegeWESTMINSTER -- 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.
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NEWS
June 28, 1992
Bank gives to collegeWESTMINSTER -- 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.
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NEWS
February 2, 1992
The state Board of Public Works Wednesday approved $1.25 million in state loans to Sykesville for the Raincliffe Business Center.The town applied for the loans more than a year ago to lend to Security Enterprises Inc. of Ellicott City, Howard County, for construction of the $3.5 million, 32-acre South Carroll industrial and commercial center.The state loans consist of $500,000 from the Maryland Industrial Land Act and $750,000 from the Maryland Industrial and Commercial Redevelopment Fund.
NEWS
February 2, 1992
The state Board of Public Works Wednesday approved $1.25 million in state loans to Sykesville for the Raincliffe Business Center.The town applied for the loans more than a year ago to lend to Security Enterprises Inc. of Ellicott City, Howard County, for construction of the $3.5 million, 32-acre South Carroll industrial and commercial center.The state loans consist of $500,000 from the Maryland Industrial Land Act and $750,000 from the Maryland Industrial and Commercial Redevelopment Fund.
NEWS
March 10, 1991
The developers of the proposed Raincliffe Business Center will meet with the Town Council at tomorrow's regular meeting, this time for a vote on the financing of the industrial-retail complex.The meeting is at 7:30 p.m. at the Town House, 7547 Main St.Security Enterprises Inc. of Ellicott City, Howard County, had proposed financing the center with a $1.5 million state and county loanthat would be administered by the town.The council rejected a motion Feb. 25 to introduce an ordinance creating a special tax district for the loan package.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | February 27, 1991
In January, the Town Council wrote the governor, saying it supported"in principal" a loan package that would assist development of a business park in town.On Monday, the council apparently changed its mind.In a surprise vote during a closed session, the council killed a measure to create a special tax district, which would have paved the way for a $1.5 million state-county loan package for the proposed Raincliffe Center.The reversal stunned the developer, Security Enterprises Inc., which promptly requested the council to de-annex the 32 acres at Route 32 and Raincliffe Road where the industrial-retail park is planned.
NEWS
By Ellie Baublitz and Ellie Baublitz,Contributing writer | March 17, 1991
The Sykesville Town Council gave the go-ahead Monday to Raincliffe Center by introducing three ordinances and two resolutions that would pave the way for an Ellicott City developer to receive a state-Carroll County loan package.The measures for the 32-acre industrial park passed unanimously, with Council President Charles B. Mullins abstaining because of a potential conflict of interest."I'm interested in possibly purchasing some of the Raincliffe property," he said. "I would have voted for it, but I thought it might look like I was trying to get something out of it."
NEWS
March 6, 1991
The County Economic Development Commission is taking nominations forthe annual Venture Awards to be given out in May.The awards, co-sponsored by the Greater Baltimore Committee, honor businesses that have expanded in the past year.The deadline for nominations is March 15, the EDC member Alfred Boyer of C & P Telephone.Information: 857-2070.Last year, awards were given to Duke's Brushless Car Wash, Quality Glass and Aluminum and Random House, all in Westminster.In a report at Wednesday'sEDC meeting, Boyer, chairman of the public relations committee, saidcommittee members would like to help businesses in their dealings with county government.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | October 20, 1991
The developer of the Raincliffe Center has one more hurdle to jump to complete financing arrangements.David W. Moxley, project manager for the $3.5 million, 32-acre, industrial-commercial center, told the council Monday night he needs final town authorization to get a $1.5 million loan package from the state and county.Last April, the council passed a loan package consisting of threeordinances and two resolutions that would enable partial financing of the center. The ordinances authorized a $500,000 loan from the Maryland Industrial Land Act, a $750,000 loan from the Maryland Industrial and Commercial Redevelopment Fund and a $250,000 county loan.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | March 13, 1991
The mercurial Town Council gave the go-ahead Monday to Raincliffe Center by introducing three ordinances and two resolutions that would pave the way for the developer to receive a state-county loan package.When Mayor Lloyd R. Helt Jr. asked for a motion to reconsider theloan package for the 32-acre industrial park's financing, it was Councilman Charles H. "Tim" Ferguson, previously a critic of the plan, who made the motion. Councilwoman Maxine C. Wooleyhand, another formeropponent, seconded.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | October 20, 1991
The developer of the Raincliffe Center has one more hurdle to jump to complete financing arrangements.David W. Moxley, project manager for the $3.5 million, 32-acre, industrial-commercial center, told the council Monday night he needs final town authorization to get a $1.5 million loan package from the state and county.Last April, the council passed a loan package consisting of threeordinances and two resolutions that would enable partial financing of the center. The ordinances authorized a $500,000 loan from the Maryland Industrial Land Act, a $750,000 loan from the Maryland Industrial and Commercial Redevelopment Fund and a $250,000 county loan.
NEWS
By Ellie Baublitz and Ellie Baublitz,Contributing writer | March 17, 1991
The Sykesville Town Council gave the go-ahead Monday to Raincliffe Center by introducing three ordinances and two resolutions that would pave the way for an Ellicott City developer to receive a state-Carroll County loan package.The measures for the 32-acre industrial park passed unanimously, with Council President Charles B. Mullins abstaining because of a potential conflict of interest."I'm interested in possibly purchasing some of the Raincliffe property," he said. "I would have voted for it, but I thought it might look like I was trying to get something out of it."
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | March 13, 1991
The mercurial Town Council gave the go-ahead Monday to Raincliffe Center by introducing three ordinances and two resolutions that would pave the way for the developer to receive a state-county loan package.When Mayor Lloyd R. Helt Jr. asked for a motion to reconsider theloan package for the 32-acre industrial park's financing, it was Councilman Charles H. "Tim" Ferguson, previously a critic of the plan, who made the motion. Councilwoman Maxine C. Wooleyhand, another formeropponent, seconded.
NEWS
March 10, 1991
The developers of the proposed Raincliffe Business Center will meet with the Town Council at tomorrow's regular meeting, this time for a vote on the financing of the industrial-retail complex.The meeting is at 7:30 p.m. at the Town House, 7547 Main St.Security Enterprises Inc. of Ellicott City, Howard County, had proposed financing the center with a $1.5 million state and county loanthat would be administered by the town.The council rejected a motion Feb. 25 to introduce an ordinance creating a special tax district for the loan package.
NEWS
March 6, 1991
The County Economic Development Commission is taking nominations forthe annual Venture Awards to be given out in May.The awards, co-sponsored by the Greater Baltimore Committee, honor businesses that have expanded in the past year.The deadline for nominations is March 15, the EDC member Alfred Boyer of C & P Telephone.Information: 857-2070.Last year, awards were given to Duke's Brushless Car Wash, Quality Glass and Aluminum and Random House, all in Westminster.In a report at Wednesday'sEDC meeting, Boyer, chairman of the public relations committee, saidcommittee members would like to help businesses in their dealings with county government.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | February 27, 1991
In January, the Town Council wrote the governor, saying it supported"in principal" a loan package that would assist development of a business park in town.On Monday, the council apparently changed its mind.In a surprise vote during a closed session, the council killed a measure to create a special tax district, which would have paved the way for a $1.5 million state-county loan package for the proposed Raincliffe Center.The reversal stunned the developer, Security Enterprises Inc., which promptly requested the council to de-annex the 32 acres at Route 32 and Raincliffe Road where the industrial-retail park is planned.
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | January 16, 1991
The developers of the Raincliffe Center industrial complex Monday night asked the Town Council to send its approval for the project to the state in order to get a $1.5 million loan package approved.David W. Moxley, project manager for the developer, Security Enterprises Inc. of Ellicott City, Howard County, told the council that the stateis confused about the town's interest in the project."The state wants approval from the town," he said. "I've been told the application might be acted upon in two weeks, but the final decision rests with the town."
NEWS
By Ellie Baublitz and Ellie Baublitz,Contributing writer | January 16, 1991
The developers of the Raincliffe Center industrial complex Monday night asked the Sykesville Town Council to send its approval for the project to the state in order to get a $1.5 million loan package approved.David W. Moxley, project manager for the developer, Security Enterprises Inc. of Ellicott City told the council that the state is confused about the town's interest in the project."The state wants approval from the town," he said. "I've been told the application might be acted upon in two weeks, but the final decision rests with the town."
NEWS
By Ellie Baublitz and Ellie Baublitz,Staff writer | January 16, 1991
The developers of the Raincliffe Center industrial complex Monday night asked the Town Council to send its approval for the project to the state in order to get a $1.5 million loan package approved.David W. Moxley, project manager for the developer, Security Enterprises Inc. of Ellicott City, Howard County, told the council that the stateis confused about the town's interest in the project."The state wants approval from the town," he said. "I've been told the application might be acted upon in two weeks, but the final decision rests with the town."
NEWS
By Ellie Baublitz and Ellie Baublitz,Contributing writer | January 16, 1991
The developers of the Raincliffe Center industrial complex Monday night asked the Sykesville Town Council to send its approval for the project to the state in order to get a $1.5 million loan package approved.David W. Moxley, project manager for the developer, Security Enterprises Inc. of Ellicott City told the council that the state is confused about the town's interest in the project."The state wants approval from the town," he said. "I've been told the application might be acted upon in two weeks, but the final decision rests with the town."
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