Mike Fitzpatrick to be appointed to City of Culture

first_imgLifestyleArtsNewsBreaking newsLocal NewsMike Fitzpatrick to be appointed to City of CultureBy admin – January 7, 2014 900 Andrew CareySign up for the weekly Limerick Post newsletter Sign Up MIKE Fitzpatrick, a Limerick based academic and curator, is likely to be announced as the person to take charge of City Of Culture festival operations in an interim basis following the resignations of both Patricia Ryan and Karl Wallace recently.The board of Limerick National City of Culture 2014 is to hold a press conference this afternoon at the Clarion Hotel, Limerick.A statement said “The Board will announce at this media event a number of measures undertaken in response to recent matters”.Attached to the Limerick School of Art and Design, Mr Fitzpatrick is expected to take up the running of both vacant positions.Arts officer, Sheila Deegan, is also likely to be appointed to a senior role. Walk in Covid testing available in Limerick from Saturday 10th April Shannondoc operating but only by appointment First Irish death from Coronavirus Advertisement WhatsApp Previous articleBetting opened on next City of Culture CEONext article#VIDEO Ralph Lauren’s niece to be sentenced over air rage incident admin RELATED ARTICLESMORE FROM AUTHOR Printcenter_img Linkedin Facebook Twitter No vaccines in Limerick yet Surgeries and clinic cancellations extended TAGSfeatured Email Proceedures and appointments cancelled again at UHLlast_img read more


PACE Financing Risks—A Fresh Look

first_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Sign up for DS News Daily Previous: Top 3 Housing Trends Next: Will Wage Growth Bring Relief to Homebuyers? Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago PACE Financing Risks—A Fresh Look Tagged with: ABS asset-backed securities green homes PACE renewable energy  Print This Post ABS asset-backed securities green homes PACE renewable energy 2018-07-05 David Wharton July 5, 2018 12,052 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: David Whartoncenter_img Related Articles Home / Daily Dose / PACE Financing Risks—A Fresh Look Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Share 100Save First introduced in California in 2014, Property Assessed Clean Energy (PACE) financing has since allowed more than 220,000 homeowners to make “green” improvements to their properties. PACE allows property owners to secure all the upfront financing they need, then pay that off over terms of up to 30 years at a fixed interest rate. However, PACE financing has been occasionally controversial within the industry, and now a new analysis from Kroll Bond Rating Agency has examined whether those concerns were justified.Unlike traditional mortgage loans, PACE financing doesn’t require a down payment or even a monthly payment. Instead, the loans are repaid through an addition to the home’s property taxes over time. The PACE assessment contract also follows the property itself, rather than the property owner—in the event the property is sold, the new owner would then inherit the responsibility to repay via those property taxes, as well as the risk of a tax foreclosure if they fall behind. PACE also does not involve the same underwriting standards as traditional mortgage loans, with underwriting focused primarily on the value of the property and with the relevant state and local governments having discretion when it comes to setting those standards. Moreover, “the lien associated with a PACE assessment has priority over any lien(s) held by any mortgagor(s).”However, the PACE industry has experienced several positive developments over the past decade, and concerns about foreclosures on properties with PACE assessments “may be overstated,” according to Kroll’s report. Based on a review of PACE assessments in California—the largest market for PACE financing—Kroll found Kroll “no significant difference” between property-tax delinquency rates for PACE and non-PACE homes.“We anticipate that in a home foreclosure with a mortgage lender that all taxes in arrears, including the PACE assessment, would be fully repaid,” the Kroll report states. “Almost all counties in the three states included in PACE securitizations thus far prohibit partial payments of real estate taxes, preventing selective defaults on PACE assessments under existing standards.”Furthermore, Kroll reports that PACE has spurred the adoption of underwriting policies that hinge upon the borrower’s ability to repay. “Greater focus on the consumer’s ability to pay and improving consumer protection practices are also viewed as positive developments for the industry,” the report states.Kroll also notes that “public residential PACE asset-backed securities issuances have exhibited higher than expected prepayment rates.” The conditional prepayment rates (CPRs) on residential PACE ABS transactions “have ranged from 10.1 percent to 18.9 percent, which is generally in line with CPRs for FHFA or Fannie Mae-backed residential mortgage-backed securities,” the report reads. “KBRA views the relatively higher than anticipated CPRs as a credit positive since higher CPRs have resulted in a faster amortization profile and shorter weighted average life of the PACE ABS transactions, thereby reducing ‘tail risk’ for these long-term transactions.”“Further, as prepayments reduce the overall pool size, liquidity reserve accounts are available to cover a greater portion of the remaining lien delinquencies,” the report continues.To read Kroll Bond Rating Agency’s full report on PACE financing, click here. To read more about the past and future of PACE financing, click here. in Daily Dose, Featured, Foreclosure, Journal, Market Studies, News Subscribe The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more


IU Broad of Trustees Announce Record Breaking Donations

first_imgTwitterFacebook FacebookTwitterCopy LinkEmailShare IU Broad of Trustees Announce Record Breaking DonationsAUGUST 11TH, 2018 TYRONE MORRIS EVANSVILLE, INDIANAThe Indiana University Board of Trustees are in Evansville for the annual organizational meeting. This year’s meeting was held in coordination with the opening of the Stone Family Center for Health Sciences.During Friday’s meeting trustees, IU President Micahel McRobbie announced it had another year of record funding reaching nearly $1 billion in donations. Private donations passed $347 million.McRobbie said the money proves IU is a powerhouse in research.It’s the first time the board has met in the River City and the trustees plan to add Evansville to their annual meeting locations.Mayor Lloyd Winnecke spoke to the trustees about the developments across the city.last_img read more


Paul Simon Announces Farewell Show In London With James Taylor, Bonnie Raitt

first_imgPaul Simon is the latest in a string of older artists that have recently acknowledged their impending retirement. The celebrated singer-songwriter will say “farewell” with a July 15th concert at Hyde Park in London, dubbed “Homeward Bound: The Farewell Performance.” The show will also feature very special guests James Taylor & His All-Star Band and Bonnie Raitt. Additional performers will be announced at a later date.As of now, “Homeward Bound: The Farewell Performance” is the only scheduled performance on Mr. Simon’s calendar, and its billing surely suggests that it will be his final stand. However, he has yet to officially make a statement regarding whether this show will officially mark the end of his decades-long touring career, and has previously announced his “farewell” several times before, only to eventually return to the road.Simon’s performance will close out the British Summer Time festival, a 10-day event that will also feature sets from Roger Waters, Eric Clapton, Bruno Mars, the Cure and Michael Bublé.Paul Simon has staged multiple memorable concerts at Hyde Park over the years. Last year, Simon released a live album/concert film, The Concert in Hyde Park, documenting his performance as part of the Hard Rock Calling Festival in 2012.Simon had previously hinted at the possibility of his retirement following a rigorously scheduled tour. In an interview with the New York Times in 2016, he contemplated the pitfalls of fame, the wear and tear it’s left on him both as a person and as an artist, and what he’d rather do with his remaining years. “You’re coming towards the end,” he mused. “It’s an act of courage to let go… I am going to see what happens if I let go. Then I’m going to see, who am I? Or am I just this person that was defined by what I did? And if that’s gone, if you have to make up yourself, who are you?”Tickets for Paul Simon’s “Homeward Bound: The Farewell Performance” at London’s Hyde Park will go on sale to the public on February 2nd, with a pre-sale starting on February 1st. Grab your tickets here.[h/t – Rolling Stone]last_img read more


Grateful Dead Performs “Truckin”, “Morning Dew” From ‘Europe ’72’, On This Day 48 Years Ago [Listen]

first_img48 years ago tonight, the Grateful Dead closed out their infamous Europe ’72 Tour with the final show as part of a four-night run at the Lyceum Theatre in London on May 23rd-26th, 1972. It was during the tour’s final show when the band performed a pair of songs in “Truckin’” and “Morning Dew” which would go on to be featured on the Dead’s Europe ’72 live double-album.Related: Grateful Dead’s “Sugar Magnolia” Featured On ‘Europe ’72’ Performed In Paris On This Day in 1972The performances of both Grateful Dead fan favorites came at the start of the show’s second set. Following a loaded first set which included early-Dead setlist staples like “Sugaree”, “Mr. Charlie”, “Playing In The Band”, and “Jack Straw”, the band returned to open the second half of the show with “Truckin’”. As fans who’ve heard the show’s recording already know, guitarist Bob Weir introduced the song by proudly stating its position atop the radio charts in Turlock, CA. Their performance of “Truckin’” that night would also go on to be stretched out to an impressive 18-minute jam. Following a performance of “The Other One”, the band slowed things down to emerge from the psychedelic jam into their cover of Bonnie Dobson‘s indie-folk tune, “Morning Dew”.The band’s longtime recording tech Betty Cantor-Jackson recently shared her wild memories of the tour’s final performance during a Reddit AMA, as she stated:I was in Europe ’72 at the Lyceum in London. It was one of the last nights and everybody was very high. I was out in the truck recording, and all of a sudden the truck starts rocking and banging. I was in this metal box, with people banging on the side the truck, and I’m higher than crap. So, I called out to the stage for help.Buddy Cage with the New Riders saw what happened. He said Rex went over to the big fire door, it was like four inches thick, he ripped that door right off and wiped out the five guys out who were beating on the truck. He rescued me. That was fun memory.Listen to the entire show featuring a second set “Truckin’” and “Morning Dew” below.Grateful Dead – Lyceum Theatre – 5/26/1972[Video: Jonathan Aizen]last_img read more


Westport Winery Cheers At Capital

first_imgFacebook0Tweet0Pin0Submitted by Westport WineryWestport Winery will pour three award-winning selections at the annual Capital Food & Wine Festival at Saint Martin’s University on Saturday, March 25, from noon to 9 p.m. Once again, the winery’s sparkling cranberry wine, Rapture of the Deep, earned a gold medal at this competition. Director of Winemaking Dana Roberts will be on-hand at the event to share this extraordinary selection.Photo courtesy: Westport WineryMermaid, a blend of Merlot grapes from world-famous Red Willow and Two Blondes Vineyards, earned a silver medal. Each of Westport’s thirty-four wines and hard ciders benefits a selected charity. This label makes contributions to the Relay For Life of Grays Harbor. When visiting the winery, it’s always inspiring to see the locally crafted sculptures in the garden commemorating each of the wines. In this case a life-size mermaid, by welder Lisa Humbyrd-Murphy, greets visitors near the front door of the tasting room. The winery’s popular peach Riesling blend, called Peaches on the Beaches, won a bronze medal. This sculpture features two bathing beauties while the label, a watercolor by Darryl Easter, is a tanned torso. This wine benefits the Grays Harbor Breast Cancer Alliance. Ultimately, it is all about the delicious food, wine, and bon ami, which is why we always say “Cheers” at this fun festival.In 2016 Westport Winery was honored as one of the top twenty most admired wineries in North America by Winery & Vineyard Management Magazine. It was named 2011 Washington Winery to Watch by Wine Press Northwest. They have been voted Best Winery by King 5 Evening Magazine six times. They were named the Best Washington Family Business Silver Medal winners in 2012, received the Grays Harbor Environmental Stewardship Award in 2015, and were name Best Winery, Best Wine Shop, and Best Boutique Winery for 2016 by South Sound Magazine.Family-friendly Westport Winery Garden Resort, is located on the corner of Highway 105 and South Arbor Road halfway between Aberdeen and Westport. The resort (including the restaurant, bakery, plant nursery and 15-acre display garden) is open daily or breakfast, lunch and dinner from 8 a.m. to 7 p.m. Westport Winery’s second location, TASTING @ Cannon Beach, is located at 255 N. Hemlock. The Oregon tasting room is open daily from 11 a.m. to 6 p.m. For more information or reservations call 360-648-2224.last_img read more