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CAPE GAZETYE, Friday, June 21) - June 26,1997 - 51
BUSINESS & REAL ESTATE
Rehoboth's Residence at Seaside breaks ground
By Michael Short
Lt. Governor Ruth Ann Minner
told the audience that she knows
all about assisted living. A few
weeks after knee surgery, Minner
arrived on crutches to dedicate the
first area assisted living facility on
Monday near Kmart.
The Residence at Seaside will
provide housing for 100 older res-
idents in a facility that stresses
comfort and independent living.
The idea is to provide housing f6r
residents who want to live inde-
pendently, but who still need
some assistance with day-to-day
chores. It's considered a rising
trend in health care which is being
developed jointly by Dyer
McCrea Ventures L.L.C. and
National Health Management
(NHM) Inc. "It is an alternative
living arrangement for people
who need a little help getting
along," said Eugene Bartolini,
executive vice president in charge
of development for National
Health Management. "'We have
watched the trends and learned
from those trends," Bartolini said.
Assisted living facilities are for
seniors who need a little extra
assistance, but who are basically
independent. That could mean, for
example, help preparing meals or
in dressing themselves.
"Ask me about the need for
assisted living," joked Minner,
who said that such facilities can
help otherwise active and vigor-
ous seniors maintain a high quali-
ty of life. "They will not have that
fear at night.[The fear of] suppose
something happens and I can not
get up," she said. "May God bless
this residence, all these people
involved and all the people stay-
ing here."
Amenities at the 100-residence
facility adjacent to Lighthouse
Plaza include a sun room, library,
pub and card room and ice cream
parlor. There are 95 suites and the
emphasis is on homey with fire-
places, living areas and fine din-
ing. "The level of enthusiasm at
NHM is unparalleled for the
opportunity to work with profes-
sionals like Dyer McCrea L.L.C.
and in a community with the her-
itage and stature of Rehoboth
Beach," said Eric Roberson,
national director of marketing for
NHM. "We are also excited about
the opportunity to provide high
quality assisted living services to
the wonderful people of Rehoboth
Beach and surrounding communi-
ties." For more information, con-
tact 412-578-7800 or 645-5555.
Angle Moon photo
The Residence at Seaside, the first assisted living facility in the Cape region, broke ground
on Route 1 near Kmart on Monday, June 16. Shown breaking ground for the facility are (l-r)
Sussex County Councilman Finley Jones, State Rep. John Schroeder (D-Lewes), Executive
Vice President of Development and Aquisition for National Health Management, Inc. Eugene
Bartolini, Lt. Governor Ruth Ann Minner, Sussex County Councilman Lynn Rogers, Sussex
County Council President Dale Dukes, Pret Dyer, a partner in Dyer McCrea Ventures L.L.C.,
Dyer McCrea Ventures partner Gary McCrea and Sussex County Administrator Bob Stickels.
The assisted living facility, designed for older residents who need some assistance with
chores such as dressing or meal preparation, is a joint effort by Dyer-McCrea and National
Health Management and is expected to open in approximately a year.
Milton Chamber elects Harris as president in close June 17 election
The new president is joined by Don Post,
vice president, Debbie Spencer, secretary,
and Donna Johnson, parliamentarian.
Elected to the board of directors are Tony
Boyd-Heron and Pauline Wilson.
After being sworn in, Harris thanked
members for having faith in his ability to
lead the group, and he reminded them of the
importance of working as a unit.
"We all have a common purpose here,"
he said. "We need to promote existing busi-
nesses and attract new ones.
"I love Milton. I chose to move here and
make an investment in a business."
Harris said treating everyone with fair-
ness is very important to him, and he wants
to help maintain open lines of communica-
tion within the chamber. After owning busi-
nesses in Washington, D.C. and Pennsylva-
nia, he moved to Milton three years ago.
He said one of his first chores will be to
familiarize himself with all of the chamber
members. In his opinion, it will be as
important to try to get previous members to
return as it is to attract new ones. He said
Milton is definitely going to grow, and the
chamber can take a role in making the
growth comfortable and positive for the
town.
"As a business owner, I have a lot of
enthusiasm, and I want what's best for the
town. I think a lot of people have great
ideas for the town; we have to get together
and discuss things and make planned
moves," he said.
A frequent visitor to Milton Town Coun-
cil meetings, Harris said he wants more
cooperation and collaboration with city
Continued on page 52
By Rosanne Pack
There have been some up and down
moments for the Milton Chamber of Com-
merce in the last year; however, the new
officers and new members of the board of
directors are confident that the organization
will be facing a lot more ups than downs in
the coming months.
A co-owner of A Walk Through Time,
Ed Harris was sworn in as president of the
board after June 17 elections. Harris and
candidate Jim Clark were only a few votes
apart in voting that drew almost 40 votes.
Summer job provides money management
Most children spell summer "V-
A-C-A-T-I-O-N," but for a. few
young enterprising souls, it's also
spelled, "M-O-N-E-Y." Summer
jobs give many preteens access to
cold, hard, cash.
This windfall presents parents
with a great opportunity to teach
their kids about spending, saving
and sharing. Here are some tips on
how to begin a conversation about
money management with your
child:
Talk about money. Do your
children know where your money
comes from? How you earn it?
Show them what a paycheck looks
like and how taxes are taken out
' ? ....
each peri0d
Discuss your budget. Explain
how you pay y eiur bills and how
you spend your money. Talk about
.! .... : : --
the amount you put in savings and
the amount you share.
Help them establish a budget for
their allowance and income.
Teach your children the impor-
tance of saving, spending and
sharing by helping them establish
a budget for the allowance or
income they earn.
Show them how you share your
money. Explain to your children
how you decide which charitable
organizations you support.
Involve your kids in making con-
tributions from their allowances or
earnings to a charity that you
chose together. Explain to them
how this money serves real needs.
The enthusiasm that" you show in
your giving will spill over to your
children.
Explain how you save for a
goal. Talk about the ways you
save money in order to reach a
financial goal. Use specific exam-
ples - your family vacation, the
new mini-van, your home corn-
puter - to help your kids under-
stand the relevance of saving
money in your lives. And don't
forget to discuss the importance of
a cash reserve.
Discuss wants versus needs.
Help your children understand the
difference between wants and
needs. Discuss advertising mes-
sages that can blur this distinction.
Take your children shopping.
Show your children how to com-
pare prices, making sure you keep
track of the money you save by
comparison shopping.
Show your children a credit card
statement. It is important that your
kids understand that buying on
credit is not free. Tell them why
you use credit and when it is
appropriate.
Establish a custotlial account.
Let your children use the account
while you oversee deposit and
withdrawals. Make sure that they
are activity involved in those
transactions.
Whether they earn it by mowing
lawns, baby-sitting or washing
cars, it is important for your kids
to understand how to manage
responsibilities that come with
money. The best way for your
children to learn about money
management is for you to talk
about spending, saving and shar-
ing, and then walk-your-talk in
your daily financial decisions.
This column is presented as a
public service by Lutheran Broth-
erhood, represented.in the Del-
marva area by Glen Sholley.
Glenn Shelley
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