Lowe’s Spending $100 Million More for Pandemic Bonus for Workers

Lowe’s  (LOW) – Get Report said Wednesday it would spend another $100 million in bonuses for U.S. hourly employees this month to recognize their service during the coronavirus pandemic, bringing the total to $775 million.

Shares of the Mooresville, North Carolina-based home-improvement retailer were rising 2% to $167. 

Lowe’s said that all active hourly associates in Lowe’s U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16.

Full-time hourly associates will receive $300, and part-time and seasonal associates will receive $150. 

The October bonus will match the funds Lowe’s provided to all hourly associates in March, May, July and August.

With this latest round of coronavirus relief, Lowe’s said it will have provided more than $775 million in incremental financial support to associates this year. 

Along with the previous special payments and bonuses, Lowe’s increased pay for full-time, part-time and seasonal associates by

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Here’s a first look at the Academy at Shawnee as it undergoes a $40 million renovation

The Academy at Shawnee is at the halfway point of its $40 million renovation.

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This project touches nearly every part of the school, including the third floor that hasn’t been used since the early 1980s.

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“I could not understand how we could possibly have a school building with a condemned floor,” said Jefferson County Public Schools Superintendent Dr. Marty Pollio. “How is that possible? What message does that send to the children of the school and the community?”

The third floor will be functional and welcome students for the first time in decades.

Pollio got his start as a JCPS teacher at the school when it was known as Shawnee High School.

“This place is special to me,” said Pollio. “Anytime you start your career somewhere. This place is special to me.”

Renovations include a new HVAC system, electric system, new lighting and

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Harveys Lake Tahoe Completes Room Renovation As Part Of $41 Million Total Investment

The renowned resort now offers 519 redesigned guest rooms in the Tahoe Tower, in addition to the previously remodeled balcony suites in 2018, as well as the new Gordon Ramsay HELL’S KITCHEN Lake Tahoe

LAKE TAHOE, Nev., Oct. 5, 2020 /PRNewswire/ — Harveys Lake Tahoe Hotel & Casino has completed the renovation of all 519 guest rooms in the famed resort’s Tahoe Tower as part of a $41 million total property investment over the past two years. The tower’s balcony suites, with incredible views of the lake, were also remodeled in 2018.

(PRNewsfoto/Caesars Entertainment Inc.)
(PRNewsfoto/Caesars Entertainment Inc.)

* For high-res images, click here*

“First opened in 1944, Harveys Lake Tahoe is an iconic resort on the South Shore and continues to offer enhanced amenities for guests to enjoy, including the newly redesigned rooms,” said John Koster, senior vice president and general manager for Harrah’s and Harveys Lake Tahoe. “The completion

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$4.4 million in improvements recommended for Portage airport; City costs estimated at $300,000 | Local Government

The current design of the airport is functional for small aircrafts that can seat up to six passengers.

The city has three development options to upgrade the airport. The first would cost approximately $4.4 million and would require the city to acquire nearby land. City costs for that option would be about $300,000 due to the availability of state and federal funds. 

Option one would include shortening the usable length of the runways, from about 3,700 feet to 3,300 feet and redeveloping current hangers and terminals to bring the airport into safety compliance with the FAA.

“This is the safety and compliance option,” said Watson. “It does not impact any surrounding roads, it does not impact any surrounding residential property. Overall, of the options, this is the least impactful option.”

While this option is the most inexpensive and least disruptive to residents and nearby homes, it would decrease the usable

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In Palm Springs, Bob Hope’s former home seeks $1.5 million

A piece of Palm Springs history just surfaced for sale in the desert as the longtime home of Bob Hope has hit the market for $1.5 million.



a view of a house: The remodeled ranch known as "Home of Hope" wraps around a deck with a swimming pool and citrus trees. (Realtor.com)


© (Realtor.com)
The remodeled ranch known as “Home of Hope” wraps around a deck with a swimming pool and citrus trees. (Realtor.com)

Hope and his wife, Dolores, owned the 1930s home for more than half a century. They bought it in 1946, and after both had passed away, their estate sold it in 2013, according to a plaque on the front gate identifying the property as the “Home of Hope.”

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It’s not Hope’s most impressive Palm Springs home; that’d be found a few miles south, where a Modernist masterpiece built by John Lautner is nestled up against the mountains. The dazzling, futuristic gem broke a record when it sold for $13 million in 2016.

This one’s a bit humbler, fitting five

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LACMA was housing its director in a home selling for $6.6 million. Now the pool party’s over

The Los Angeles County Museum of Art is downsizing. The home of its director, that is.



a large brick building with green grass in front of a house: A 1926 Tudor-style home belonging to Museum Associates, the nonprofit entity that manages LACMA, was put on the market for $6.6 million. (Realtor.com)


© (Realtor.com)
A 1926 Tudor-style home belonging to Museum Associates, the nonprofit entity that manages LACMA, was put on the market for $6.6 million. (Realtor.com)

On Monday, the museum put the Hancock Park home of director Michael Govan up for sale for $6.575 million. The property on Muirfield Road is owned by Museum Associates, the nonprofit entity that manages and operates LACMA. It’s listed as a five-bedroom, 5,100-square-foot Tudor-style home from 1926 that sits on nearly a 22,000-square-foot lot, according to public records.

Real estate listings, however, show six bedrooms and seven bathrooms, as well as a swimming pool, a guest house and a stairwell area with a neon sculpture by Dan Flavin.



a room with an open door: An interior view of the Muirfield Road property that was recently put for sale by LACMA. (Realtor.com)


© (Realtor.com)
An interior view of the Muirfield Road property that was recently put for sale by LACMA. (Realtor.com)

LACMA provides

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Hillsborough leaders want input on $13.8 million improvements to West Shore Boulevard

The proposed project is part of a local and state effort to improve pedestrian safety and bring new business to the area.

TAMPA, Fla. — Leaders in Hillsborough County want the public’s input on a new $13.8 million project to transform Tampa’s West Shore Boulevard.

The expansive proposed improvements will include more sidewalk space, pedestrian and bike paths, improved landscaping and more.

The county is asking for feedback on the project, spanning from W. Kennedy Boulevard to W. Boy Scout Boulevard, as part of upgraded safety changes to add new business to the area.

You can let leaders know online through a virtual public forum between Sept. 30 and Oct. 15.

The proposed project will establish West Shore Boulevard as a Grand Boulevard consistent with the West Shore community’s vision, including shade trees, wider sidewalks, pedestrian lighting, amenities and streetscaping that, along with property redevelopment, will ultimately transform the corridor

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HJ Sims Secures $6.5 million Additional Debt Financing for Capital Improvements

FAIRFIELD, Conn., Sept. 30, 2020 /PRNewswire/ — HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful August 2020 transaction in the amount of $6.5 million additional debt financing for capital improvements for the Philadelphia Protestant Home (PPH). PPH operates a continuing care retirement community in northeast Philadelphia, featuring 266 independent living units, 175 personal-care units and 126-bed nursing facility.

hjsims.com
hjsims.com

PPH has been funding capital improvements from general fund revenues. To efficiently manage cash-flow, PPH elected to finance $6.5 million of upcoming capital improvements. Sims, as financial advisor, developed a financing plan that provided for the funding of the required capital improvements, while implementing a structure that maintained maximum flexibility to maintain their debt service at manageable levels.

Prior to engaging PPH’s existing banking partner, Citizens Bank (Citizens), Sims worked with the PPH Fiscal Oversight Committee

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Monument trustees approve $22 million financing plan to fund water system improvements | Thetribune

MONUMENT • The Monument Board of Trustees has authorized a major move to fund water improvement projects over the next three years.

At the board’s Sept. 21 meeting, they heard recommendations from town staff and special legal counsel regarding the potential for using the sale of revenue bonds to fund major improvements to its water system over the coming years.

However, instead of revenue bonds, it was recommended Monument create an ordinance to enter a site lease agreement and lease purchase agreement to market Certificates of Participation (COPs) — an alternate form of financing.

Town attorney Andrew Richey presented the finer details of the agreement, with bond counsel provided by Nate Eckloff of Piper Sandler and Kimberly Crawford of Butler Snow Law Firm. Both counsels recommended the certificates to help maximize the town’s budgetary flexibility in financing the water projects.

Presently, the town has a 2A water fund and an

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John Legend And Chrissy Teigen Drop $17.5 Million On Another Contemporary Beverly Hills Home

Affirming their quest for world domination, John Legend and Chrissy Teigen purchased another Beverly Hills mansion for $17.5 million. Already acing life in social media, food, fashion, music, awards, books, politics and real estate, the celebrity couple’s knack for making news is, well, Legendary. Life is good.

Recently, Legend and Teigen listed their high-design Beverly Hills residence for $24 million, and revealed a third baby is on the way. So upgrading their living arrangement while downsizing expenses makes sense. Plus, this hard-working entertainment duo is always on the move anyway. Who’s to stop them from doing whatever they want?

From

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