Mayor Jay Gillian: Skate Park Open, Beach Projects North and South

first_img Crowds of skaters fill the new skateboard park in Ocean City on Friday afternoon.Dear Friends:I am pleased to announce that the new skate park in Ocean City opened yesterday afternoon. and I would like to thank everyone who helped plan and build the park. I believe it will be a great resource for our City.We remind all skaters to follow the rules and wear the appropriate safety equipment. The park will be open daily from 9 a.m. until dusk, weather permitting. We are planning an official ribbon-cutting ceremony for the Saturday of Columbus Day Weekend during the block party.The beach replenishment project in the south end is on hold through the weekend for rough seas and high winds. Weather permitting, we are hopeful the dredge will be back to work on Monday with only a small bit of material left to pump onshore. Crossovers and fence installations will be completed following pumping, and the contractor has been asked to make access to the state park a priority.The beach replenishment project for the north end of town has been given a notice to proceed. A preconstruction meeting will be held in early October, with pipe and other equipment mobilized soon after. Pumping onto the beach could begin as early as mid-October.Dredging of Snug Harbor also began earlier this week. Although a smaller project than what we had hoped for, material is being moved out of Snug Harbor to the disposal site under Route 52, with eventual transport to Wildwood for disposal.Additionally, ACT Engineers continue to have surveyors in the back bays measuring the material that has accumulated in the dredge areas since Hurricane Sandy. This updated survey will allow ACT Engineers and the city to demonstrate to the state and federal governments the need for timely permit approvals and common sense regulations.I hope everyone has a great weekend.Warm regards,Jay A. GillianMayor The following is Ocean City Mayor Jay Gillian’s weekly update to citizens posted on Friday, Sept. 25.last_img read more

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Trail Mix | Mandolin Orange

first_imgNorth Carolina duo Mandolin Orange – Andrew Marlin and Emily Frantz – have been drawing acclaim from music critics and fans alike since the band’s inception in 2009.The band has earned high praise on it’s last two records, 2013’s This Side of Jordan and last year’s Such Jubilee, with Marlin and Frantz’s work described as “elegant,” “beautiful,” and “honest.” The songcraft that earned such platitudes is evident once again on Blindfaller, the new release that drops this week.I recently chatted with Andrew Marlin about the new record, which you can pick up on Friday, politics, and even charades.BRO – You wrapped this record up in just a week in the studio. Is there a better energy that develops from working at such a fast clip?AM – I am not sure it creates a better energy, necessarily, but it gives you less time to over analyze. I think you can definitely iron out too many imperfections and lose a lot of character.BRO – You tackle the contemporary political climate on “Gospel Shoes.” The current election seems great for songwriters but so bad for the citizenry. On an intrapersonal level, is that a difficult dichotomy to balance?AM – The current political state is not good for anyone, songwriters included. Songwriting provides me with an outlet for shaping internal feelings into something I can share. For me, the balance and the dichotomy is whether to view my songwriting as entertainment for others or something I can truly stand behind. Hopefully, it’s both.BRO – Is there a particular song on the record that just happened? One song that felt like it was meant to be and  you grabbed hold of it right of the gate?AM – “Wildfire” basically wrote itself. From the rough draft to the record, not a lyric was changed.BRO – Speaking of, we are featuring “Wildfire” on this month’s Trail Mix. What’s the story behind the song?AM – That song was born out of growing up in the South and being surrounded by subtle, and sometimes not so subtle, racism. Within that environment, I was very fortunate to have wonderful parents who instilled in me a belief that all people are inherently good. When I wrote “Wildfire,” I was thinking a lot about the current climate in our country and in our home state, where it feels like some people – and not the majority of the people – want to glorify an ugly history and push us into a regressive state of being. It’s frustrating and disheartening to see people be so antagonistic towards their neighbors.BRO – Some friends and I have a charades game where we have to act out band names. Do you realize how hard your name is to act out? AM – It’s great for Pictionary, though!Mandolin Orange will be out on the west coast this weekend to celebrate the release of Blindfaller. Fans can catch the band in San Francisco, Los Angeles, and San Diego this weekend before Mandolin Orange heads north to Washington and Oregeon next week.For more information on the band, tour dates, or how to order a copy of the new record, be sure to surf over to the band’s website. Also, take time to listen to “Wildfire” on this month’s Trail Mix.last_img read more

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Federated Investors, Hermes combine to become Federated Hermes

first_imgSaker Nusseibeh, chief executive officer of Hermes Fund Managers Limited, also said that by investing responsibly, the firm aimed “to help people retire better, strive for better risk-adjusted returns and, where possible, contribute to positive outcomes in the wider world”. Federated Investors has incorporated the Hermes Investment Management brand into a new corporate name, Federated Hermes, it was announced today.Federated Investors also changed its New York Stock Exchange ticker symbol from FII to FHI to reflect the combining of the two active management companies.In 2018 US asset management giant Federated Investors acquired a 60% stake in Hermes Fund Managers from its previous majority owner, BT Pension Scheme (BTPS).Today the combined entity said its corporate identity would be focussed on “a commitment to responsible investing to achieve financial outperformance”. Federated Hermes is headquartered in Pittsburgh, PennsylvaniaHermes has for some time taken a strong responsible investment stance, and Gordon Ceresino, vice-chairman of Federated Investors, previously told IPE that Federated viewed Hermes as “the world leader in ESG”.Since the 2018 acquisition Federated has moved to strengthen its credentials in this area, launching a responsible investing office and integrating Hermes environmental, social and governance factors into the liquidity fund investment decision process. It is in the process of doing the same for Federated equity and fixed income strategies.Federated has also become a client of EOS, the engagement and stewardship arm that came with the acquisition.Last month Hermes Investment Management acquired MEPC, a UK commercial real estate developer, from BTPS.According to Pittsburgh-headquartered Federated Hermes, it had $575.9bn (€521bn) in assets under management as of 31 December.last_img read more

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