| May 2007
New owners Ann & Ward Brown have no intention of redeveloping the property. Marina owner, Harbormaster sparChatham selectmen have asked the town manager to review fees charged to the public for access to public documents. This in light of recent complaints hurled at the harbormasters office by marina owner David Oppenheim. Archaeology survey plannedA "reconnaissance level survey" has been planned to identify both known and probable archaeologically significant sites in Chatham. It is hoped that the survey will help the town ensure that these historical sites will be preserved and protected in the future. No ORVs on South Beach--yetDespite rumbling by ORV enthusiasts, the town has yet to open the stretch to ORVs. A dialogue is open, but it is not known when or if the area will be opened. Chatham police chief Mark Pawlina said patrols of the area will be increased. Chatham A's, Park commission wrangleIt could come to blows for the Chatham A's Association and the Parks & Recreation Commission over issues such as food concession and the number of Chatham students who will be allowed to attend the baseball clinic at no charge.
Mayor wants to strip suburbs' say in merger
Herenton, who began an unprecedented fifth term in office Tuesday, said in his speech to the Kiwanis Club at The Peabody that he's putting consolidation back on the "front burner." "Yes, I'm singing out of this choir book again," he said, calling the current city-county governmental structure "wasteful." Under the traditional Tennessee approach to consolidating governments, Herenton would have to follow the legal process set out by both the Tennessee Constitution and state statute -- a countywide referendum that requires separate majority votes of residents inside the city of Memphis and those outside the city limits in Shelby County, including residents of the suburban municipalities. If consolidation wins inside the city but is rejected among Shelby voters outside the city, or vice versa, it fails to win approval.
First, build a down payment
Dear Liz: I'd like to buy my first house soon, but real estate is expensive where I live and condominiums seem more affordable. What is your take on owning a condo versus a house? Because I will have to do 100% financing, I will have to pay $250 a month in private mortgage insurance, which will result in a payment of about $2,450 a month for a 30-year, fixed-rate mortgage, which seems like a lot. I was advised that I could decrease my tax withholding, because the mortgage interest will be deductible, and that will make the payment seem less huge.
Answer: Wait a bit and build a down payment.
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