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Cape Gazette
Lewes, Delaware
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July 21, 2006     Cape Gazette
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July 21, 2006
 

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56 - CAPE GAZETTE - Friday, July 21 - Monday, July 24, 2006 Submitted photo Markell welcomes Lewes officials Delaware State Treasurer Jack Markell, along with City of Wilmington Treasurer Henry Supinski, recently welcomed more than 30 municipal finance officials from 11 Delaware cities and towns to the Second Municipal Finance Forum in Dover. The forums are aimed at helping municipalities deal with financial challenges. Kim Vincent, deputy pension administrative from the Delaware Public Employees' Retirement System and Michael Shone, pension plan advisor from the Peirce Park Group, presented information on pen- sion funding, retirement security and pension investment options. The next forum will be held Tuesday, Oct. 17. For more information, call the office of the state treasurer 302- 744-1000. Shown are (l-r) Lewes City Manager Tom Wontorek, State Treasurer Jack Markell, Lewes Mayor Jim Ford and Lewes Finance Officer Ellen Lorraine McCabe. Resort chamber co-op secures favorable bid for electricity purchase The Bethany-Fenwick Area Chamber of Commerce recently announced a favorable bid has been accepted for its electricity purchasing cooperative. Despite a difficult geopohttcal climate, particularly in the Mideast, and fast approaching hurricane season, energy consult- ants CQI Associates were able to negotiate a rate of 9.897 cents per kilowatt hour for co-op members. This is a year-round flat rate, with no demand charges, for the length of the three-year contract. The 76 member businesses" in the co-op will save well over $133,000 per year, not including saved demand charges. "We're pleased with the rate secured for the co-op, especially given recent politics and the time of year." said executive director Karen McGrath. "And our co-op members are thrilled that we eliminated the demand rate because for some of them it almost doubled their elec- tric bills at certain times of the year." CQI Associates prepared the request for proposal and managed the bid process for the co-op which included 76 businesses rep- resenting 181 accounts and 15.3 megawatts of electrical load need. This was the first chamber-led cooperative in Delaware. "This was a first for Delaware businesses and organizations," said Karen McGrath. "I think a lot of people were sit- ting back and watching to see how our first co-op played out. We'll definitely form another co-op group in the spring and you'll see others following in our footsteps as well. This co-op is a great example of the real value the chamber offers to member busi- nesses, and our staff and board are very proud of this new benefit." Exceptional why more lity and over 30 years of excellence are from coast to coast Discover Parker's Run, an attractive single-family home community designed to meet t2 two-story floorplans with features such as PARKER'S RUN ~ Dover From the upper $200s 302-678-4975 Beautiful model open for touring! Community clubhouse, pool and playground Minutes from Dover's major shopping, restaurants, colleges and cultural activities :legant ;and open foyers. Call today for details, & % map not drawn to sca Directions: 1-95 to Exit 4A ,Christiana Mall). Follow Route 1 South to Exit 114 (Rotate 13). Left on Route 13 South. Continue approx. 5 miles and make a right on Route 42. Community is directly on,he right. / SALES CENTER HOURS: Monday, 1 to 6 p.m.; Tuesday - Suhday, 10 a.m. to 6 p.m. Visit our website for a complete listing of communities and floorplans. Richmond American Homes warmly welcomes Realtors and Brokers and p to 4% commission.'" ,ptlons and upgrades. 2006 and tulv 6