January 2012 eNewsletter

Last Chance to Register for January 11 Luncheon

If you haven't already registered for our Wedenesday, January 11 luncheon at the Clarion Hotel-The Belle, there are still a few seats remaining. Use the link below to visit our Event/Next Meeting Registration page.

The lunch will be nestled between CIRC's two last continuing education classes (Commercial Real Estate Hot Buttons, and Charitable Donations of Real Estate). Both are electives for DE/MD/PA. We have 40 registered and seating for 50, so if you know of someone who needs/wants to sit in, tell them to register at www.circdelaware.org/education/schedule.cfm or let Janet know by email ASAP at Janet@circdelaware.org.let

Keynote Speaker for our January 11 luncheon is Michael S. Purzycki of the Riverfront Development Corp. to talk about progress and projects on the Wilmington Riverfront. We have a delicious buffet planned with Caesar Salad, grilled chiken, broiled salmon, vegetables, rolls, assorted desserts and hot/cold beverages.



Delaware New Jobs Infrastructure Fund

You may have read recently that the State of Delaware has created the Delaware New Jobs Infrastructure Fund (the "Fund") to provide economic assistance for renovation, construction or any other type of improvements to roads, utilities and related infrastructure in order to attract new businesses to Delaware, or for the expansion of existing Delaware businesses, when such an economic development opportunity would create a significant number of direct, permanent, quality, full-time jobs.

Specific projects, amounts and terms will be approved by an  Infrastructure Investment Committee, comprised of the Director of the Delaware Economic Development Office, the Secretary of the Delaware Department of Transportation, the Co-Chairs of the Joint Committee on Capital Improvement and a member of the private sector who shall be appointed by the Governor (the "Committee"). The General Assembly appropriated $40,000,000 to the Fund in the Fiscal Year 2012 Final Bond and Capital Improvement Act.  

In order to apply for these funds a local government must be a project sponsor.  New Castle County is interested in meeting with local developers and commercial/industrial realtors to discuss development projects that meet the requirements for funding.  New Castle County and the Committee of 100 are jointly sponsoring a meeting to review the Guidelines Governing the Practice and Procedure for Administering the Delaware New Jobs Infrastructure Fund and answer questions.   

The meeting will be held on January 20, 2012 from 8:30 - 10:30 at:
New Castle County Multi-Purpose Room
Gilliam Building, 87 Reads Way
New Castle, 19720
The facility is located next to the New Castle County Government Center Building in the Corporate Commons Business Park. 

The draft agenda for the meeting will be as follows:
1) Review the Infrastructure Fund Guidelines and Application
2) Review New Castle County Sewer Capacity Map
3) Questions & Answers
Karl Kalbacher, P.G. 
Director of Economic Redevelopment
New Castle County Government
(302) 395-5959

Thank you for your Charitable Donations!

The recipient of our 50-50 Raffle proceeds this Holiday Season, went to Delaware Boots on the Ground. Board member Gwen Anderson shared with us their mission and some of the heartwarming stories of how the organization is reaching out to help our Delaware servicemen and servicewomen and their families who are in need during active duty deployments.

Our charitable donation of $1,185.00 has been made to the organization based on your generous contributions and a $500 matching donation approved by the CIRC Board of Directors.

Delaware Boots on the Ground thanks you, the Food Bank of Delaware thanks you for your barrel of donations, and CIRC thanks you.