Home Builders Association of Chester and Delaware Counties

HBA Newswatch

February 27, 2008

CHESTER COUNTY DEVELOPER MINDFUL OF CONSERVATION
By Joseph N. DiStefano
Inquirer Staff Writer
Developer Brian O'Neill is a saltwater fisherman. But he's had a crash course in freshwater-creek management, courtesy of Chester County fishing activists and planners, since planning the Uptown Worthington mixed-use development at the former National Rolling Mills in Frazer.
"Fish are like you and me. They want to be comfortable, right?" said the owner of O'Neill Properties Group L.P., of King of Prussia, swirling mud off his shoes in a puddle amid the plowed hillside where he sees stores, homes, hotels and offices rising on 96 acres over the next two years.
So O'Neill said he understood when Chester County officials and the local chapter of the anglers' group Trout Unlimited raised red flags about his original 2006 proposal for draining Uptown Worthington through a branch of Valley Creek, which flows south into the Schuylkill at Valley Forge Park.
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FED READY TO CUT INTEREST RATES AGAIN
JEANNINE AVERSA
The Associated Press
WASHINGTON - The Federal Reserve is ready to lower interest rates again to brace the wobbly economy even as zooming oil prices spread inflation, Chairman Ben Bernanke signaled to Congress on Wednesday.
He is fighting to keep the economy afloat after mighty blows from the housing and credit crises, while trying to contain inflation.
For now, the priority is shoring up the economy, Bernanke suggested in an appearance before the House Financial Services Committee. He pledged anew to slice a key interest rate and help the economy, which many fear is on the verge of a recession, if not already in one.
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ST. JOHN’S GARDEN STAYS
Chesco housing authority looking to incorporate it into its planned housing project, but the labyrinth goes
By By Brian mcCarthy, bmccarthy@phoenixvillenews.com
PHOENIXVILLE — The Housing Authority of Chester County’s board of directors announced Tuesday that St. John’s United Church of Christ Organic Community Garden would remain on its current site while the property is developed for low-income public housing.
However, this compromise may not include the garden’s labyrinth.
The announcement, made by Donald J.L. Coppedge, president of HACC’s board of directors while reading from a statement drafted by the board, came during the board’s monthly meeting, held at 4:30 p.m. Tuesday at King Terrace on High Street.
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