View This Issue - Panama City Beach Chamber of Commerce

Transcription

View This Issue - Panama City Beach Chamber of Commerce
Panama City Beach Chamber of Commerce
THE CIRCUIT
\ R X U F R Q Q H F W L R Q
WRWKHEHDFK
5HVRUW
/LIH
LQ3DQDPD
'(7$,
,16,'( /6
68 21
00(5
2))8 3DJH 1
&LW\%HDFK
COMMUNITY
EDUCATION
WORKFORCE
ECONOMIC UPDATE
TDC UPDATE
HEALTH UPDATE
MEMBER NEWS
GRAND OPENINGS
CALENDAR OF
EVENTS
-XO\$XJXVW
3&%HDFKRUJ
The Cosmetic Vein & Laser Center
Leads the Way to Healthier Legs
NON-INVASIVE LASER TECHNOLOGIES
FOR THE TREATMENT OF VARICOSE AND
SPIDER VEINS RESTORE THE HEALTH,
BEAUTY, AND VITALITY OF YOUR LEGS.
Don’t let unsightly and uncomfortable varicose and spider veins rob you
of your natural beauty. Dr. Kimberly Moskowitz is one of only 240 board–
certified vein specialists (Phlebologists) in the United States. As a leading
expert in the field and a member of the American College of Phlebology, she
has pioneered the safest and most up-to-date treatment options for varicose
and spider veins. Today, those options include state-of-the-art non-invasive
technologies that allow patients to return to most normal activities the same
day as treatment.
Left untreated, abnormal veins can lead to serious health risks like blood
clots, phlebitis (inflammation of the veins), cellulitis, and leg ulcers. Expert
treatment of varicose veins dramatically improves painful symptoms and
prevents complications. Dr. Moskowitz will perform a thorough ultrasound
examination of the legs to accurately assess the severity and extent of vein
disease. This diagnostic ultrasound is a necessary part of the initial consultation
as it allows the physician to determine the most appropriate treatment plan.
“I am so truly grateful that my education,
experience, and technology allow me to spend
every day doing exactly what I love to do.
I place enormous emphasis on my relationships
with my patients and do my best to help them
look and feel young, natural, and healthy.
I want everyone to maximize the beauty
they were born with.”
Dr. Moskowitz has been performing and training other physicians to
perform EVLT (Endovenous Laser Treatment) since its FDA approval in
2003. During this 45-minute, safe, outpatient procedure, an ultrasound is used
to guide placement of a thin laser fiber into the abnormal Saphenous vein in
the leg. Heat energy from the laser causes the abnormal vein to immediately
collapse and redirect blood flow to the normal healthy channels in the leg.
The body reabsorbs the abnormal vein, resulting in improved circulation and
symptoms. Local anesthesia is used to completely numb the area around the
Kimberly Moskowitz, M.S., M.D.
vein so the procedure is virtually painless. EVLT has a 99% success rate and has
eliminated the need for painful surgical procedures such as vein stripping.
Contrary to what many physicians are taught, spider veins can cause the
same symptoms as much larger varicose veins. Also, because 25% of spider
veins are associated with underlying larger vein abnormalities, it is often
considered medically necessary to treat them. Sclerotherapy (tiny injections of
a solution that closes the veins), is the most effective and least painful treatment
for spider veins and blue veins under the skin surface called reticular veins. Skin
lasers are very effective for treating small veins on the face and chest; however,
for leg veins, they are less effective, more painful, and often lead to scarring and
hyperpigmentation.
The +/)!0%Ǝ !%*Ǝ ĔƎ /!.Ǝ !*0!. provides the most advanced nonsurgical treatments for skin, face, legs, and cellulite reduction. Dr. Moskowitz
also specializes in .4!(™ '%*Ǝ!/1."%*#, +0+4™, !/05(*!™, 12! !.)™,
/!.Ǝ%.Ǝ!)+2( and ! %(ƎĔƎ+/)!0%Ǝ!.)0+(+#5.
BOARD CERTIFIED, PHLEBOLOGY ē BOARD CERTIFIED, INTERNAL MEDICINE ē MEDICAL DEGREE: GEORGETOWN UNIVERSITY
RESIDENCY: GEORGETOWN UNIVERSITY HOSPITAL ē PHLEBOLOGY/VEIN TRAINING: AMERICAN VEIN INSTITUTE AND HARVARD’S BRIGHAM
& WOMEN’S HOSPITAL ē AMERICAN COLLEGE OF PHLEBOLOGY ē AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY
øùùúÿƎ*)Ǝ%05Ǝ!$Ǝ'35ƎēƎ*)Ǝ%05Ǝ!$ĎƎƎúùû÷þƎēƎ!(!,$+*!ďƎĴÿü÷ĵƎùúúĨ÷ùýûƎēƎ4ďƎĴÿü÷ĵƎùúúĨúøøú
www.skinandveins.com
Panama City Toyota
Where Relationships are Born!
"" "$"#$
PanamaCityToyota.com
/DGLHV'D\(YHU\:HGQHVGD\
*HWDQ2LO&KDQJHIRUWD[
)UHH0DQLFXUH&RPSOLPHQWDU\%UHDNIDVW/XQFK)ORZHU
4
THE CIRCUIT July/August 2010
THE CIRCUIT July/August 2010
5
&KDLUPDQ·V0HVVDJH
The
your
Bea
che
a
s Ch
mbe
Com
r of
mer
Grea
ter P
ana
conn
ce
ma C
ity
ectio
Beac
hes
Cham
ber o
f Co
m
merc
e
n to
the b
eac
h
COMM
ITY e a c h
WORKFUN
OR
h eCE b
tIO
EDt UC
o
AT
N
t i o nGOVERNMENT OMMUNITY
PIER PA
C KFORCE
MEMBE RK
WOR CATION
EEDU MENT
GRAND R NEWS
CALEND OPENINGS GOT VEERNR PA
RK
AR
h e PIE
IE PA WS
EVENTS OF
Gr
E
EeRa t Ne rEW
EMBER
MEM
IPNaGn aSm a
ENIN
OPEN
F
GRAND LENDAR OTTSS C i t y B e a c
he
CA EVEN
s C
\R
ha
mb
XU
er
of
Co
FR
mm
QQ
erc
e
HF
WLR
Q W
R W
K
eptemb
H
er/Octob
EH
er 200
7
8
DF
*U KH
K
Vol 3 Issu
H
e
THE
Hea
Wellnlltteh &
Isssue ss
CIR
,VV HQ
XH
1
5
gust
UIT
THE CIRC
Vol 3
Issue
July/Au
2008
CUI
www.P
h.org
Pana
\RX
ma C
ity
em
ber
2008
Beac
h Ch
am
ber
of C
om
3 Iss
ue 6
e
UIT
QHF
GLQLQ
J
Vol
merc
FRP
Z PX
3&% HDFK W L R
Q W R RUNIR QLW\
RUJ
HG W K H UF
JRY XFDWLR EHH D F K
Q
H
S UQP
PH LHU SD HQW
P
JUD EH UN
FDOH QG RS U QHZV
,,1
1QGDU RIHHQLQJV
QWVm e r c e
3$1$ oYHm
U FR
Q
SULO
0DU FK$
.org
CBeac
www.P
4
THE C
IRC
08
T
CBeach
C
er of0
m b&
,7< $
Beach Cha
nama City
%
THE CIRCUIT
($&+ww
w.PC
Be
ach.
org
Q H F W L R Q
\ R X U F R QE H D F K
WR WKH
&200
81,7<
('8&
$7,21
:25.
)25&
(
0,/,7$
5<
7'& 83
'$7(
0(0%
(5 1(
:6
*5$1
' 23
(1,1*
&$/(
6
1'$5
2) (9
(176
Q5V(6
VLR
U
X
F
8
7
[
H$'9(1
$676
%(' %5($.)
* _ &21&(576
%2$7,1* _ %2:/,1 _ +(/,&237(5
,(6
_ '2* $&7,9,7
06
',1,1* _ ',9,1* _ .,'·6 $&7,9,7,(6 _ 0868(
0$1
_ :('',1*6
5,'(6 _ ,521
( _ 3,(5 3$5.
63$6 _ 7+($75
6+233,1* _
THE CIRC
&20081,7<
('8&$7,21
(
:25.)25&
2010
183'$7(
(&2120,&
7'& 83'$7(
7(
+($/7+ 83'$
0(0%(5 1(:6
,1*6
*5$1' 23(1
&$/(1'$5
2) (9(176
UIT Marc
h/April
THE CIRCUIT
1
May/June 2010
0D\-XQH 3&%HDFKRUJ
Are You
Connected
to the
Beach?
Advertise your
business in
The Circuit!
For Rates &
Information
Contact:
Skip Alford
(850) 628-3490
Cyndi
Ainsworth
(850) 691-6259
,
Q OLJKW RI WKH UHFHQW DGYHUVLW\ RQ )ORULGD¶V *XOI &RDVW 2Q -XQH DQRWKHU IDQWDVWLF DWWUDFWLRQ RSHQHG LQ 3DQDPD
ZLWK UHJDUGV WR WKH 'HHSZDWHU +RUL]RQ 2LO 6SLOO &LW\ %HDFK :RQGHU:RUNV DQ ³DPXVHPHQW SDUN IRU WKH
3DQDPD&LW\%HDFKLVVWLOOPDQDJLQJ
PLQG´ IHDWXULQJ RYHU LQWHUDFWLYH
WR FUHDWH SODQ DQG H[HFXWH UDWKHU ODUJH
H[KLELWV IRU YLVLWRUV RI DOO DJHV WR
DPRXQWV RI ³IXQ´ WKLV VXPPHU
H[SHULHQFH XWLOL]LQJ WKH ODWHVW LQQRYDWLYH
WHFKQRORJ\ 7KH GZHOOLQJ LV KDUG WR PLVV
)RU \HDUV WKH JUHDW PDUNHWLQJ PLQGV
ORRN IRU WKH XSVLGH GRZQ KRXVH GLUHFWO\
RI 3DQDPD &LW\ %HDFK KDYH GLVFXVVHG
DFURVV WKH VWUHHW IURP 5LSOH\¶V %HOLHYH ,W
WKH QHFHVVLW\ RI ³IXQ WKLQJV WR GR´
RU 1RW 0XVHXP
LQ 3DQDPD &LW\ %HDFK WR EXLOG XS
WKH ³VKRXOGHU VHDVRQV´ RI VSULQJ DQG
7KH WUXWK LV WKHUH KDV $/:$<6 EHHQ
IDOO EXW DOVR WKLQJV WR GR GXULQJ RXU
D ORW RI IXQ JRLQJ RQ LQ 3DQDPD &LW\
VXPPHU PRQWKV , VHUYHG RQ WKH 7RXULVW
%HDFK )ORULGD DQG RXU FUHDWLYH 7RXULVW
'HYHORSPHQW &RXQFLO¶V 0DUNHWLQJ
'HYHORSPHQW &RXQFLO KDV DJDLQ MXVW
&RPPLWWHH DQG VDZ ¿UVWKDQG WKH
ODXQFKHG D YHU\ RXWVLGHWKHER[ VXPPHU
LPSRUWDQFH RI FUHDWLQJ SURJUDPV HYHQWV
ORQJ HYHQW ³6800(5 2) )81 ´
DQG PDUNHWLQJ FROODWHUDO DERXW DOO WKH IXQ FRRO WKLQJV WR GR 7KLV ZLOO EH D VXPPHU VHDVRQ RI IDPLO\IULHQGO\ DFWLYLWLHV
KHUH LQ DGGLWLRQ WR HQMR\LQJ ³7KH :RUOG¶V 0RVW %HDXWLIXO FRPPHQFLQJ -XO\ WK :HHNHQG DQG KDSSHQLQJ WKURXJK
%HDFKHV´ &RS\ ZDV FRQMXUHG VXFK DV ³WKLQJV WR GR RQ /DERU 'D\ :HHNHQG 6HSWHPEHU WK 6HH PRUH RQ 3DJH
D UDLQ\ GD\´ ³EHVLGHV WKH EHDFK´ ³WKH RQ IXQ´ DQG RI WKLV LVVXH DQG FKHFN RXW WKH 7'&¶V ZHEVLWH DW
³OHW¶V MXVW VWD\ RQH PRUH GD\´ ,W LV WKHVH ³IXQ WKLQJV WR YLVLWSDQDPDFLW\EHDFKFRP IRU XSGDWHV RQ ³6XPPHU RI
GR´ LQ DGGLWLRQ WR JRLQJ WR RXU VXJDUZKLWH VDQG\ EHDFKHV )XQ ´ HYHQWV +RSH \RXU VXPPHU LV JRLQJ ZHOO
WKDW VHFXUHV RXU YDFDWLRQ GHVWLQDWLRQ D SODFH LQ YLVLWRUV¶
KHDUWV
3KLOLS *ULIÀWWV -U
3UHVLGHQW·V0HVVDJH
$
V WKH KHDUW RI VXPPHU DSSURDFKHV WKH 3DQDPD DW WKH %HDFK DW %D\ 3RLQW 0DUULRWW ZLWK DQ XSGDWH RQ
&LW\ %HDFK FRPPXQLW\ HPEUDFHV LWV EXVLHVW 6RXWKZHVW $LUOLQHV %UDG +DZNLQV IURP 6RXWKZHVW
VHDVRQ :H ORYH WKH OLYHO\
FDPH WR HQOLJKWHQ XV DERXW WKH DLUOLQH¶V
EXVWOLQJ VXPPHU PRQWKV ZKHQ EHDFK
FRUSRUDWH DQG FRPPXQLW\ FXOWXUH«
DFWLYLW\ LV DW LWV KLJKHVW EXW WKLV \HDU
DQG WHOO XV ZK\ 6RXWKZHVW KDV EHHQ
ZH FRPH LQWR VXPPHU ZLWK PL[HG
SUR¿WDEOH IRU FRQVHFXWLYH \HDUV KDV
HPRWLRQV
QHYHU KDG D OD\RII DQG KDV WKH ORZHVW
QXPEHU RI FXVWRPHU FRPSODLQWV VLQFH
,W LV ZLWK D VHQVH RI EOHVVLQJ EXW QRW
$FFRUGLQJ WR %UDG 6RXWKZHVW
QHFHVVDULO\ UHOLHI WKDW ZH REVHUYH
ORRNV IRU HPSOR\HHV ZKR ³/LYH WKH
RXU VWLOOVXJDUZKLWH EHDFKHV DQG
6RXWKZHVW :D\´ 7KH\ KDYH ³D VHU
HPHUDOG JUHHQ DQG FOHDQ ZDWHU :LWK
YDQW¶V KHDUW D ZDUULRU VSLULW DQG D
KHDY\ KHDUWV ZH UHDOL]H WKDW WKLV FRXOG
IXQORYLQJ DWWLWXGH´ 7KDQN \RX WR RXU
FKDQJH DQ\ GD\ 1RWKLQJ KDV SXOOHG
VSRQVRUV 5HJLRQV %DQN DQG .%5
XV WRJHWKHU DV D UHJLRQ ± DQG DV D
VWDWH ± PRUH WKDQ WKH WUDJHG\ RI WKH
2Q -XO\ RXU &KDPEHU ZLOO RQFH
UHFHQW RLO VSLOO (DUO\ RQ WKH %HDFK &KDPEHU WRRN D DJDLQ SDUWQHU ZLWK WKH %D\ &RXQW\ &KDPEHU DQG
OHDGHUVKLS UROH LQ NHHSLQJ RXU PHPEHUVKLS LQIRUPHG FRPELQH RXU PRQWKO\ PRUQLQJ PHHWLQJ DW WKH )68
RQ WKH FXUUHQW VLWXDWLRQ ZLWK PDSV DQG OLYH IHHGV DQG 3& +ROOH\ $FDGHPLF &HQWHU 2XU IHDWXUHG VSHDNHU LV
JLYLQJ RXW LPSRUWDQW FRQWDFW LQIRUPDWLRQ IRU FODLPV 5\DQ +RXFN IURP WKH )ORULGD &KDPEHU VSHDNLQJ DERXW
DQG 6%$ ORDQV DQG ZH DUH FRQWLQXLQJ WR GR VR 7KH WKH LPSRUWDQFH RI YRWLQJ 1R RQ $PHQGPHQW 3OHDVH
ERWWRP OLQH LV ZKHWKHU LQ DGYHUVLW\ RU FHOHEUDWLRQ RQFH FRPH MRLQ XV KDYH VRPH EUHDNIDVW DQG QHWZRUNLQJ DQG
DJDLQ RXU FRPPXQLW\ KDV SXOOHG WRJHWKHU
VXSSRUW \RXU FKDPEHUV RI FRPPHUFH
,Q -XQH WKH %HDFK &KDPEHU KRVWHG D ZRQGHUIXO )ULGD\
6
THE CIRCUIT July/August 2010
%HWK 2OWPDQ ,20
Panama City Beach Chamber of Commerce
309 Richard Jackson Blvd., Panama City Beach, FL 32407
Phone: (850) 235-1159 Fax: (850) 235-2301
PCBeach.org
%RDUGRI'LUHFWRUV
Chairman of the Board 3KLOLS*ULI¿WWV-U6XJDU6DQGV,QQ6XLWHV
Past Chairman $QWKRQ\'X%RVH&RDVWDO&RPPXQLW\%DQN
Incoming Chairman 5REHUW&DUUROO0F1HLO&DUUROO(QJLQHHULQJ
Treasurer 3DXO:RKOIRUG5HVRUW&ROOHFWLRQRI3DQDPD&LW\%HDFK
Secretary .DUHQ%ODFNHUE\0DJQXP&DSLWDO
CPA-RKQ-RKQVRQ6HJHUV6RZHOO6WHZDUW-RKQVRQ%ULOO3$
Legal Council 6WHYHQ/$SSOHEDXP
The Board
'HUULFN%HQQHWW7KH7RZQHRI6HDKDYHQ
-DFN%LVKRS%UHDNHUV
0LNH%XUNH%XUNH%OXH+XWFKLVRQ:DOWHUV6PLWK3$
)HOLFLD&RRN6LPRQ3URSHUW\*URXS
5\DQ&'DYLV5HJLRQV%DQN
5DPRQ'XYDOO%HDFKVLGH)HOORZVKLS
3DP*HRUJH*XOI:RUOG0DULQH3DUN
$P\+DUULV5R\DO$PHULFDQ+RVSLWDOLW\
6FRWW+DUULV:DFKRYLD%DQN
$QQLH+ROFRPEH2DVHDV5HVRUWV
7HUU\+RRN3XEOL[6XSHU0DUNHWV
/HZLV+RZHOO7KH6W-RH&RPSDQ\
-DPHV-RKQVRQ.QRORJ\
-D\QD/HDFK6WHUOLQJ5HVRUWV
'HO/HH/DQGPDUN*HQHUDO&RQWUDFWRUV
3HWH0DOORU\/&RPPXQLFDWLRQV
3URFWHU0F,QQLV0F,QQLV%XLOGHUV
&KULV3DULVHDX$OOHJUD3ULQW,PDJLQJ
(G\5LYDUG*XOI&RDVW0HGLFDO&HQWHU
'DQ5RZH7RXULVW'HYHORSPHQW&RXQFLO
&LO6FKQLWNHU&RPFDVW&DEOH
&ODLUH6KHUPDQ/DPDU$GYHUWLVLQJ
Honorary Board Members
0D\RU*D\OH2EHUVW&LW\RI3DQDPD&LW\%HDFK
'U.HQ6KDZ)683&
'U-LP.HUOH\*&&&
%ULDQ&RQQRUV1DYDO6XSSRUW$FWLYLW\3&
-DQHW:DWHUPHLHU%D\&RXQW\(FRQRPLF'HYHORSPHQW$OOLDQFH
Chamber Staff
%HWK2OWPDQ,20
0DUWD5RVH
-HQD.LPPHO
6NLS$OIRUG
&\QGL$LQVZRUWK
/LQGVD\'ULQJ
.ULVWRSKHU0F/DQH
&DWKHULQH&ROOLQV
3UHVLGHQW&(2
9LFH3UHVLGHQW&RPPXQLFDWLRQV
9LFH3UHVLGHQW)LQDQFH
'LUHFWRURI0HPEHUVKLS'HYHORSPHQW
9LFH3UHVLGHQW0HPEHU6HUYLFHV
(YHQWV3URJUDPV&RRUGLQDWRU
6\VWHPV&RRUGLQDWRU
([HFXWLYH$VVW0HPEHU6HUYLFHV
THE CIRCUIT July/August 2010
7
J U L / A U G 2 0 1 0
C O N T E N T S
your connection to the beach
FEATURES
10%XVLQHVV6SRWOLJKWV
z3XUSOH*UDSHz%HOOLHV)RU7KH%HDFKz1RUWK)ORULGD5HDOW\*URXS
z)LUHÀ\z0HHW-DQH*RGIUH\z'DOH&DUQHJLH:RUNVKRSV
146XPPHURI)XQ
155HVRUW/LIHLQ3DQDPD&LW\%HDFK
24.LD6RUHQWR$ZDUGHG7RS6DIHW\3LFN
29:RQGHU:RUNV)HDWXUHV2YHU,QWHUDFWLYH([KLELWV
COMMITTEES
34&KDPEHU&RPPLWWHH8SGDWHV
EVENTS
15
42&KDPEHU(YHQWVLQ-XO\$XJXVW
AROUND TOWN
38:RUNIRUFH%RDUG
38 )683DQDPD&LW\
38 *XOI&RDVW&RPPXQLW\&ROOHJH
397RXULVW'HYHORSPHQW&RXQFLO
39(FRQRPLF'HYHORSPHQW$OOLDQFH
40%D\'LVWULFW6FKRROV
401DYDO6XSSRUW$FWLYLW\3DQDPD&LW\
407UR\8QLYHUVLW\
MEMBERSHIP
410HPEHUVKLS8SGDWH
42$PEDVVDGRU8SGDWH
435LEERQ&XWWLQJV
431HZ5HQHZLQJ0HPEHUV
IN EVERY ISSUE
29
6&KDLUPDQ¶V0HVVDJH
63UHVLGHQW¶V0HVVDJH
19+HDOWK8SGDWH
21$)HZ0LQXWHV:LWK%XGG\:LONHV
256HH%H6HHQ
32³6RPH/LNH,W+RW´&KHI5HYLHZ
EDITORIAL STAFF
(GLWRULDO
&UHDWLYH
2QOLQH &RQWHQW
6RFLDO 0HGLD
21
8
THE CIRCUIT July/August 2010
0DUWD5RVH
0DUWD5RVH
.ULVWRSKHU0F/DQH
/LQGVD\'ULQJ
.ULVWRSKHU0F/DQH
3URGXFWLRQ
%R\G%URWKHUV3ULQWLQJ
$GYHUWLVLQJ 6DOHV 6NLS$OIRUG
&\QGL$LQVZRUWK
'LVWULEXWLRQ
$OOHJUD3ULQW,PDJLQJ
:$50681
%$5(6+28/'(56
$1'$'5(6672
7(0377+(%5((=(
,WDOODZDLWV\RXDW3LHU3DUNFRQYHQLHQWO\
ORFDWHGDFURVVWKHVWUHHWIURPWKHEHDFK
DQGGLUHFWO\DFURVVIURPWKH&LW\3LHU
3LHU3DUN'ULYH3DQDPD&LW\%HDFK)/
%86,1(66
6SRWOLJKWV
'LDQD7LQGOHSHUIRUPVLQ%HOOLHVIRUWKH%HDFK
3XUSOH*UDSH
7
KH 3XUSOH *UDSH LV WKH RQO\ ZLQH
EDUORFDWHGDORQJ)ORULGD¶V(PHUDOG
&RDVW 7KLV QHZ ZLQH EDU FRQFHSW
FRPELQHV WKH FRQYHQLHQFH RI D ZLQH VWRUH
ZLWKWKHHOHJDQFHRID¿QHXSVFDOHPHHWLQJ
GHVWLQDWLRQ7KHDPELDQFHLVVRPHWKLQJWKDW
\RXZRXOGH[SHFWWR¿QGLQELJFLWLHVOLNH1HZ
<RUN/RV$QJHOHVDQG$WODQWD%RDVWLQJD
E\WKHJODVVPHQXZLWKRYHUZLQHVHYHQ
WKHPRVWGLVFULPLQDWLQJZLQHGULQNHUZLOO¿QG
DJODVVWKDWZLOONHHSWKHPFRPLQJEDFNIRU
PRUH7KHERWWOHPHQXFRQWDLQVDQDGGLWLRQDO
ZLQHV WR FKRRVH IURP 7R FRPSOLPHQW
\RXUZLQHVHOHFWLRQWKH3XUSOH*UDSHRIIHUV
FKHHVH ERDUGV ZLWK D YDULHW\ RI FKHHVHV
PHDWVDQGROLYHVDQGDOVRRIIHUVDJHQHURXV
VHOHFWLRQ RI PLFUREUHZHG EHHUV DV ZHOO DV
SOHQW\RI$PHULFDQIDYRULWHV
:HHNO\HYHQWVDW7KH3XUSOH*UDSHLQFOXGH
/DGLHV 1LJKW RQ :HGQHVGD\ 1LJKW ZKHQ
/DGLHVUHFHLYHRIIRIHDFKJODVVRIZLQH
DQG RII HDFK ERWWOH 2Q7KXUVGD\V LW¶V
/LYH-D]]0XVLFIURPSPXQWLO
SPZLWKORFDODUWLVWVLQFOXGLQJ-LP:DUGDQG
6WHYH*LOEHUW-HVVH'HHVHDQG6FRWW:HWWHU
,I\RXZRXOGOLNHWREHFRPHPRUHIDPLOLDU
ZLWK ZLQHV MRLQ XV IRU D IUHH ZLQH WDVWLQJ
GXULQJ)ULGD\+DSS\+RXU:HDOZD\VKDYH
VRPH RI RXU IDYRULWH ZLQHV RU QHZ ZLQHV
IURPRXUGLVWULEXWRUVWRWDVWH
7KH3XUSOH*UDSHLVDJUHDWIDFLOLW\IRUSULYDWH
SDUWLHVDQGRIIHUVDGHOLYHU\VHUYLFH,W¶VORFDWHG
DW7KRPDV'UDFURVVIURPWKH1DY\%DVH
RSHQIURPDPXQWLOPLGQLJKW0RQGD\
WKUX6DWXUGD\
™™™
10
THE CIRCUIT July/August 2010
%HOOLHV)RU7KH%HDFK
FRPH VKDNH \RXU EHOO\ IRU WKH EHDFK )RU
%<7+(6($5(62576KDVWHDPHGZLWK PRUH GHWDLOV YLVLW E\WKHVHDUHVRUWVFRP RU
ORFDO EHOO\ GDQFLQJ WURXSH *\SV\ 3DUYDQD FDOO
IRUWZREHQH¿WSHUIRUPDQFHVDQGZRUNVKRSV
FDOOHG³%HOOLHVIRUWKH%HDFK´7KHWURXSH
™™™
ZLOO SHUIRUP RQ 6DWXUGD\ -XO\ DQG
6DWXUGD\$XJXVWEHJLQQLQJDWSPRQ 1RUWK)ORULGD5HDOW\*URXS
%<7+(6($5(62576¶JXOIIURQWJUHHQ
7KHJUHHQORFDWHGQH[WGRRUWR%HDFKFRPEHU
E\ WKH 6HD DW )URQW %HDFK 5RDG LV
ODUJHHQRXJKWRDFFRPPRGDWHEODQNHWVODZQ
FKDLUVDQGFRROHUVVRYLVLWRUVFDQVSUHDGRXW
XQGHUWKHVWDUVDQGHQMR\VZRUGGDQFHVYHLO
GDQFHV¿UHGDQFHVDQGPRUH
2XU WHDP LV PDGH XS RI ORFDOV DQG HYHQ D
'XULQJWKHSURJUDPWURXSHIRXQGHU0DKLUD UHORFDWHG (QJOLVKPDQ 2XU DSSURDFK WR
ZKRWHDFKHVDPL[WXUHRIFDEDUHWVW\OHDQG EXVLQHVVLVWRGHDOZLWKRXUFOLHQWVDQGFXVWRPHUV
WULEDO IXVLRQ EHOO\ GDQFH ZLOO LQYLWH WKH DVZHZRXOGZDQWWREHGHDOWZLWKWKDWLVZLWK
FURZG WR SDUWLFLSDWH DV VKH GHPRQVWUDWHV LQWHJULW\ KRQHVW\ DQG UHVSHFW :H GR WKLV
EHOO\GDQFLQJEDVLFV$GRQDWLRQWRWKH WKURXJKDQLPSDVVLRQHGFRPPLWPHQWWRVHUYLFH
1DWLRQDO :LOGOLIH )HGHUDWLRQ¶V *XOI 2LO ZKHUHZHLQWHQGWRH[FHHG\RXUH[SHFWDWLRQV
6SLOO 5HVWRUDWLRQ )XQG LV HQFRXUDJHG EXW DQG PDNH \RXU UHDO HVWDWH H[SHULHQFH DV
QRW UHTXLUHG %HQH¿W 7VKLUWV ZLOO DOVR EH HQMR\DEOHDQGVWUHVVIUHHDVSRVVLEOH
&RQWLQXHGRQ3DJH
RQVDOH7KHHYHQWLVRSHQWRWKHSXEOLFVR
%86,1(66
6SRWOLJKWV
-DQH*RGIUH\3DQDPD&L\%HDFK&RQYHQWLRQ
9LVLWRUV%XUHDX
ZLWKDERWWOHRI2SXV2QHRUVLWWLQJLQWKHLU
EDU DQG ORXQJH HQMR\LQJ WKH JDPH ZLWK DQ
:KHWKHU \RX DUH ORRNLQJ WR UHORFDWH KHUH
DUWLVDQSL]]DDQGLFHFROG%XG)LUHÀ\ZLOO
VHDUFKLQJIRUDQLQYHVWPHQWSURSHUW\RUZDQW
QRW GLVDSSRLQW 3ULYDWH GLQLQJ URRPV DQG
WR DGG \RXU FXUUHQW SURSHUW\ WR WKH )ORULGD
FDWHULQJDUHDYDLODEOH9LVLW)LUHÀ\RQOLQHDW
3DQKDQGOHPDUNHWUHO\RQDWHDPZKLFK
¿UHÀ\SFEFRPRUFDOO
‡/LVWHQVWR\RX
‡3URYLGHVKRQHVWDQVZHUVDQGUHDOVROXWLRQV
™™™
‡$GYLVHV\RXZLWKRQO\\RXUEHVWLQWHUHVWV
DQGSULRULWLHVLQPLQG
&RQWLQXHGIURP3DJH
/RRN QR IXUWKHU IRU \RXU SLHFH RI )ORULGD
3DQKDQGOH SDUDGLVH DQG WUXVW 1RUWK )ORULGD
5HDOW\ *URXS WR FKDUW D FHUWDLQ FRXUVH WR
VHFXUH\RXUGUHDPDQGWRKDYHIXQGRLQJLW
0HHW-DQH*RGIUH\
2Q 0D\ -DQH *RGIUH\ MRLQHG WKH VWDII
RI WKH 3DQDPD &LW\ %HDFK &RQYHQWLRQ DQG
9LVLWRUV%XUHDXDV9LVLWRU6HUYLFHV0DQDJHU
+HU UHVSRQVLELOLWLHV WKHUH LQFOXGH PDQDJLQJ
)RU PRUH LQIRUPDWLRQ YLVLW RXU ZHEVLWH DW DQGFRRUGLQDWLQJWKH&9%¶VFDOOFHQWHUVYLVLWRU
QIUJURXSFRPRUHYHQEHWWHUVSHDNWRDUHDO LQIRUPDWLRQFHQWHUVLQFOXGLQJWKHQHZDLUSRUW
SHUVRQDQGFDOORXURI¿FHDW GHVNLQTXLU\IXO¿OOPHQWDQGGLVWULEXWLRQRI
YLVLWRUPDWHULDOVWRWKHJHQHUDOSXEOLF
DQGDVNIRU%ODNHRU$QG\
™™™
)LUHÁ\
,I LW LV D ¿UVW FODVV GLQLQJ H[SHULHQFH WKDW
\RX DUH ORRNLQJ IRU ORRN QR IXUWKHU WKDQ
)LUHÀ\ORFDWHGLQWKH6KRSSHVDW(GJHZDWHU
$PELDQFHVHUYLFHDQGDZDUGZLQQLQJFKHI
3DXO6WHOODWRPDNH\RXIHHOPRUHOLNH\RXDUH
LQ1HZ<RUN&LW\WKDQ3DQDPD&LW\$:LQH
6SHFWDWRU$ZDUGRI([FHOOHQFHZRUOGFODVV
ZLQH OLVW PRXWKZDWHULQJ KDQG FXW VWHDNV
JXOIIUHVKVHDIRRGDUWLVDQSL]]DVDQGH[RWLF
VXVKLKDYHPDGH)LUHÀ\WKHORFDOVFKRLFHIRU
VSHFLDORFFDVLRQV
)LUHÀ\¶V PHQX UDQJHV IURP WKHLU ZRUOG
IDPRXV6KH&UDE6RXSDQGDR]%RQH,Q
5LEH\HFRRNHGRQDQGHJUHHEURLOHUWR
VHDULQÀDYRUWRWKHLU(VSUHVVR%UDLVHG:LOG
%RDU6KDQN
:KHWKHU \RX DUH ORRNLQJ IRU D URPDQWLF
QLJKWRXWHQMR\LQJ)LOHW0LJQRQDQG/REVWHU
12
THE CIRCUIT July/August 2010
-DQHZKRVD\VWKH7RXULVP,QGXVWU\LVGHDU
WRKHUKHDUWLVDQ[LRXVWRJHWPRUHLQYROYHG
LQWKH3DQDPD&LW\%HDFKFRPPXQLW\
³0\IDPLO\DQG,PRYHGWR3DQDPD&LW\LQ
$XJXVW IURP )DLUEDQNV $ODVND GXH
WR WKH PLOLWDU\´ VD\V -DQH ³0\ KXVEDQG
0LNHKDVVLQFHUHWLUHGIURPWKH86$)DQG
QRZ ZRUNV IRU D FRQWUDFWRU RYHUVHDV :H
KDYHRQHGDXJKWHU/DXUHQZKRMXVWUHFHQWO\
JUDGXDWHGIURP5XWKHUIRUG+LJK6FKRRODQG
LV FXUUHQWO\ EHJLQQLQJ KHU VHFRQG \HDU DW
*XOI&RDVW&RPPXQLW\&ROOHJH´
&RQYHQWLRQDQG9LVLWRUV%XUHDXLQ)DLUEDQNV
$ODVNDLQ9LVLWRU6HUYLFHV6KHKDVDGGLWLRQDO
H[SHULHQFHZRUNLQJZLWKWKH1DYDUUH%HDFK
&KDPEHU DQG WKH 6RXWK &DUROLQD 6WDWH
:HOFRPH&HQWHUV
™™™
'DOH&DUQHJLH:RUNVKRSV
'DOH &DUQHJLH ZRUNVKRSV DUH GHVLJQHG WR
FRYHUFHUWDLQWRSLFVWKDWDUHFRPPRQWRDOO
RUJDQL]DWLRQVDQGWREXLOGFRQ¿GHQFHLQ\RXU
VWDIIE\JLYLQJSDUWLFLSDQWVVWUDWHJLHVWKDWFDQ
EH LPSOHPHQWHG LPPHGLDWHO\ %HJLQQLQJ
-XO\ 'DOH &DUQHJLH ZLOO EH KROGLQJ
PRQWKO\IRXUKRXUZRUNVKRSVEHJLQQLQJDW
DPDWWKH8QLWHG:D\RI¿FHLQ3DQDPD
&LW\7KHLQYHVWPHQWLVDSHUVRQIRUHDFK
ZRUNVKRS7RUHJLVWHUFRQWDFW'DYLG%DOPHU
$UHD0DQJHURI'DOH&DUQHJLH7UDLQLQJDW
RU$QQDDW
-XO\+DQGOLQJ2EMHFWLRQV
&UHDWLQJDZD\WRKDQGOHWKHPRVWFRPPRQ
REMHFWLRQV KDYLQJ D SODQ WR KDQGOH
XQH[SHFWHGREMHFWLRQV
$XJXVW 7HOHSKRQH &RPPXQLFDWLRQV
DQG7XUQLQJ&XVWRPHU6HUYLFHLQWR6DOHV
5HFRJQL]H WKH FKDOOHQJHV RI GHDOLQJ ZLWK
FXVWRPHUVDQGWKHWHOHSKRQH
6HSWHPEHU/HDGWKURXJK&KDQJH
'HDOLQJZLWKWKHFKDQJHVZHIDFHHYHU\GD\DQG
-DQH LV RULJLQDOO\ IURP &OHPVRQ 6RXWK
WKHSUDFWLFDOZD\VWRPDQDJHWKURXJKWKHP
&DUROLQD³\HV,DPDGLHKDUG&OHPVRQ7LJHU
IDQ´ DQG HQMR\V YLVLWV IURP PDQ\ IULHQGV 2FWREHU'HDOLQJZLWK'LI¿FXOW3HRSOH
DQGIDPLO\KHUHLQ1RUWKZHVW)ORULGD
5HFRJQL]H \RXU VWUHQJWKV DQG ZHDNQHVVHV
OHDUQ WR DYRLG DOLHQDWLQJ SHRSOH LGHQWLI\
3ULRUWRWKH&9%VKHZRUNHGDW*XOI&RDVW
W\SHVWKDWFKDOOHQJH\RXPDNLQJFRQFHVVLRQV
&RPPXQLW\ &ROOHJH LQ WKH $GPLQLVWUDWLYH
ZLWKRXWDSSHDULQJZHDN
'HSDUWPHQW KRZHYHU SULRU WR WKDW VKH
ZRUNHG RYHU \HDUV LQ WKH 7RXULVP
™™™
,QGXVWU\RIWKRVH\HDUVDWWKH)DLUEDQNV
7//'41(
70
3
DQDPD&LW\%HDFKWKH5($/)81
%($&+ GHVWLQDWLRQ ZKLFK UHFHQWO\
FHOHEUDWHG WKH RSHQLQJ RI LWV EUDQG
QHZPLOOLRQ1RUWKZHVW)ORULGD%HDFKHV
,QWHUQDWLRQDO$LUSRUW(&3LVQRWOHWWLQJWKH
SRWHQWLDOLPSDFWIURPWKH*XOI&RDVWRIIVKRUH
RLOVSLOOGHWHULWVSODQVWRSURYLGHYLVLWRUVZLWK
D TXLQWHVVHQWLDO VXPPHU H[SHULHQFH :KLOH
WKHGHVWLQDWLRQ¶VVXJDUZKLWHVDQGEHDFKHVDUH
RSHQIRUWKHHQMR\PHQWRIDOO3DQDPD&LW\
%HDFKLVVKRZFDVLQJLWVGLVWLQFWLYHRQVKRUH
RIIHULQJVE\ODXQFKLQJ6800(52))81
D VHDVRQORQJ FLW\ZLGH EHDFK FHOHEUDWLRQ
)URP -XO\ WKURXJK /DERU 'D\ ZHHNHQG
6HSWHPEHU 3DQDPD &LW\ %HDFK
LVKRVWLQJDVHULHVRIVWUHHWIHVWLYDOVRXWGRRU
PRYLHV¿UHZRUNVGLVSOD\VDQGPRUH
7KURXJKRXW WKH IHVWLYLWLHV 3DQDPD &LW\
%HDFKLVUROOLQJRXWWKHUHGFDUSHWIRULWVYLVL
WRUV ZLWK 5($/)815$1'20 $&76
2)$335(&,$7,21 DQ LQQRYDWLYH SUR
JUDPWKDQNLQJYLVLWRUVIRUFKRRVLQJWKHGHV
WLQDWLRQ LQ XQVXVSHFWLQJ ZD\V ZKHWKHU LW LV
SLFNLQJXSWKHWDEIRUGLQQHURUSD\LQJIRUD
URXQGRIPLQLJROI
³:H VWURQJO\ HQFRXUDJH YLVLWRUV WR FRQWLQXH
ZLWKWKHLUSODQVWRHQMR\WKHLUYDFDWLRQKHUHLQ
3DQDPD&LW\%HDFKDQGVXSSRUWWKRVHZKRVH
OLYHOLKRRGVDUHGLUHFWO\FRQQHFWHGWRRXUWRXU
LVPLQGXVWU\´VWDWHV'DQ5RZHSUHVLGHQWDQG
&(2RIWKH3DQDPD&LW\%HDFK&RQYHQWLRQ
9LVLWRUV%XUHDX³:HDUHTXLWHVLPSO\RQH
RIWKHPRVWIXQGHVWLQDWLRQVLQWKHZRUOGDQG
RXUIRFXVLVHQVXULQJWKDWZKHQYLVLWRUVFRPH
WKH\KDYHDWUXO\JUHDWWLPH´
FDWHG.LGV=RQHDW0LUDFOH6WULSDPXVHPHQW DVZHOODVWKH¿UHGDQFHU¶VVKRZLQ6KDUN\¶V
SDUNOLYHGUDPDSHUIRUPDQFHVOLYHFRQFHUWE\ RZQRSHQDLUWKHDWUH
.HYLQ+DPPRQGDQXSDQGFRPLQJVLQJHU
3LHU3DUN6XPPHU&RQFHUW6HULHV±(YHU\
VRQJZULWHUDQGSUHPLHU¿UHZRUNVGLVSOD\
7KXUVGD\WKURXJK$XJXVWIURPSP±
%HDFK)HVW%ORFN3DUW\±)ULGD\-XO\DW SP)UHHFRQFHUWVZLOOWDNHSODFHDWWKH$DURQ
3LHU3DUN±$IDPLO\IDYRULWHHYHQWQRWWREH %HVVDQW$PSKLWKHDWHUDGMDFHQWWR3LHU3DUN
PLVVHG9LVLWRUVFDQHQMR\DGD\RIVKRSSLQJ *XHVWV DUH LQYLWHG WR EULQJ D ODZQ FKDLU RU
GLQLQJDQGHQWHUWDLQPHQWDW3LHU3DUNDQGWKHQ EODQNHWFRROHUDQGSLFQLFDQGHQMR\DOOVW\OHV
HQMR\ IHVWLYLWLHV EHJLQQLQJ DW SP ZKLFK RIPXVLFIURPUHJJDHWRMD]]WRFODVVLFURFN
FXOPLQDWHZLWKDFRXQWGRZQDQGWKRXVDQGVRI
6FUHHQRQWKH*UHHQ±(YHU\7XHVGD\QLJKW
LQÀDWDEOHEHDFKEDOOVGURSSLQJIURPWKHVN\
WKURXJK /DERU 'D\ ± 7KLV ZHHNO\ RXWGRRU
WK $QQXDO %D\ 3RLQW 6KRRWRXW ¿OP VHULHV VKRZFDVHV IDPLO\ PRYLHV XQGHU
±6DWXUGD\-XO\DW%D\3RLQW0DUULRWW± WKHVWDUVDW$DURQ%HVVDQW3DUN0RYLHVVWDUW
7KH6KRRWRXWIHDWXUHVD¿HOGRIXSWR MXVWDIWHUGXVNDQGDUHIUHH3RSFRUQDQGVRGD
ERDWVDOORIZKLFKDUHIHHWRUOHVVLQ DUHDYDLODEOHIRUSXUFKDVH
OHQJWK±¿VKLQJIRUWXQDZDKRRDQGGROSKLQ
*URRYLQ¶ RQ WKH *UHHQ ± (YHU\ 0RQGD\
7KHNLFNRIISDUW\ZLOOEHKHOGRQ)ULGD\QLJKW
WKURXJK6HSWHPEHU±9LVLWRUVDUHZHOFRPH
ZLWK IRRG DQG HQWHUWDLQPHQW :HLJKLQV DUH
WRWKLVIUHHFRQFHUWVHULHVKHOGRQWKH9LOODJH
KHOGRQ6DWXUGD\$OOHQWHUWDLQPHQWDQGVSHF
*UHHQDW&DULOORQ%HDFK
WDWRUHYHQWVDUHIUHHDQGRSHQWRWKHSXEOLF
ED\SRLQWELOO¿VKFRP
%DUHIRRW%HDFK&OXE/LYH(QWHUWDLQPHQW
± (YHU\ )ULGD\ 6DWXUGD\ DQG 6XQGD\ IURP
%RQ7HPSV5RXOH]3LUDWH)HVWLYDO±)ULGD\
SP±%DUHIRRW%HDFK&OXERIIHUV
-XO\ ± 6DWXUGD\ -XO\ ± 3DQDPD &LW\
OLYH HQWHUWDLQPHQW IURP LWV EHDFKIURQW GHVN
%HDFKZLOO³/HWWKH*RRG7LPHV5ROO´EULQJ
*XLWDULVW DQG VLQJHU -HVVH -RQHV VWHHO GUXP
LQJ1HZ2UOHDQVÀDLUWR3DQDPD&LW\%HDFK
GXR'U6WHHOH*RRGDQG5DQG\:DWVRQDUH
IRUFRQFHUWVRQ)ULGD\DQGIHVWLYHSLUDWHSD
IHDWXUHGSHUIRUPHUV
UDGHZLWKIDEXORXVÀRDWVPDVNHGSHUIRUPHUV
FRORUIXOFRVWXPHDQGVWUHHWSDUW\EHJLQQLQJDW $UWRQD6WULQJ±(YHU\7XHVGD\DQG7KXUV
SPRQ6DWXUGD\
GD\IURPDPWRSPDQG:HGQHVGD\DQG
)ULGD\IURPDPWRSP±7KLVXSOLIWLQJ
)HVWLYDORIWKH%HDFK±6XQGD\-XO\DW
LQVSLUDWLRQDO DQG HGXFDWLRQDO H[KLELWLRQ FRQ
6SLQQDNHU%HDFK&OXE±%HJLQQLQJDWQRRQ
VLVWVRIPRUHWKDQXQXVXDODQGPDVWHUIXOO\
6SLQQDNHU%HDFK&OXEZLOOIHDWXUHOLYHPX
FUDIWHGNLWHVFROOHFWHGLQ$VLD,WWDNHVSODFHDW
VLF IURP WKH %HOODP\ %URWKHUV 7REDFFR
WKH9LVXDO$UWV&HQWHURI1RUWKZHVW)ORULGD
5RDG%R\G:RRG$PHULFDQ+RQH\3KDU
&RVWLVIRUDGXOWVVHQLRUVFKLOGUHQDUH
)OHWFKHU&LWL]HQ,FRQ1RWKLQJ6KRUWRI3XUH
DQGPRUH3XUSRVHLVWRUDLVHDZDUHQHVVDQG 6SLQQDNHU %HDFK &OXE )DPLO\ )XQ 'D\
DLGLQFRDVWDOFOHDQXSHIIRUWV
± (YHU\ 6DWXUGD\ DQG 6XQGD\ DIWHUQRRQV
%HOOLHVIRUWKH%HDFK±6DWXUGD\-XO\DQG WKURXJK/DERU'D\±6SLQQDNHU%HDFK&OXE
6DWXUGD\$XJXVWRQ%\WKH6HD5HVRUW¶V KRVWVDIUHHEHDFKSDUW\VXQVHWFHOHEUDWLRQ
JXOIIURQWJUHHQQH[WWR%HDFKFRPEHUE\WKH FRPSOHWHZLWKYROOH\EDOOMHWVNLLQJ'-%HDFK
6HD±%HJLQQLQJDWSPEHOO\GDQFLQJ +RXVHSHUIRUPLQJSDUDVDLOLQJSDGGOHERDUGV
WURXSH*\SV\3DUYDQDLVKHDGOLQLQJWZREHQ VNLPERDUGVDQGEDQDQDERDWULGHV
3DQDPD &LW\ %HDFK FRQWLQXHV WR VKRZ WUH
PHQGRXVJURZWKDQGLQYHVWPHQWLQLWVWRXU
LVPSURGXFW:RQGHU:RUNVŒ3DQDPD&LW\
%HDFK DQ LQQRYDWLYH DWWUDFWLRQ EDVHG RQ D
VFLHQFH ODE EHLQJ SLFNHG XS LQ D VWRUP DQG
GXPSHG XSVLGH GRZQ RSHQHG LQ ODWH -XQH
7KHIRXUVWRU\VTIWDWWUDFWLRQLV¿OOHG
ZLWKLQWHUDFWLYHKDQGVRQH[KLELWVVPDOO
H¿WSHUIRUPDQFHVDQGIUHHZRUNVKRSV$
ULGHVYLGHRJDPHVDJLIWVKRSDQGPRUH
GRQDWLRQWRWKH1DWLRQDO:LOGOLIH)HGHUDWLRQ¶V
6800(52))81RI¿FLDOO\EHJLQVRQWKH *XOI2LO6SLOO5HVWRUDWLRQ)XQGLVHQFRXUDJHG
)RXUWKRI-XO\ZLWK3DQDPD&LW\%HDFK¶V6WDU EXWQRWUHTXLUHG%HQH¿WWVKLUWVZLOODOVREH
6SDQJOHG6SHFWDFXODU/LVWHGKHUHLVDVDP IRUVDOHE\WKHVHDUHVRUWVFRP
SOLQJRIKLJKOLJKWHGHYHQWVDQGDFWLYLWLHV
%HDFK/XDXDW6KDUN\¶VRQ3DQDPD&LW\
6WDU6SDQJOHG6SHFWDFXODU±6XQGD\-XO\ %HDFK±(YHU\7XHVGD\WKURXJK$XJXVW
IURPSPWRSPDW3LHU3DUN1RUWK 6KDUN\¶VFHOHEUDWHVWKHVSLULWRIDORKDDVZHOO
ZHVW)ORULGD¶VODUJHVWHQWHUWDLQPHQWGLQLQJDQG DV WKH VLJKWV VRXQGV DQG WDVWHV RI WLPHOHVV
VKRSSLQJFRPSOH[)HVWLYLWLHVLQFOXGHDGHGL 3RO\QHVLD*XHVWVFDQHQMR\WUDGLWLRQDOPXVLF
14
THE CIRCUIT July/August 2010
%RQ¿UH6HVVLRQV6XQVHW&RQFHUW6HULHV±
7DNLQJSODFH7KXUVGD\V-XO\$XJXVWDQG
6HSWHPEHUIURPSP±SPDW6SLQQD
NHU%HDFK&OXE±*XHVWVFDQHQMR\OLYHPXVLF
VXQVHWEHDFKSDUW\DQGERQ¿UH
)RU PRUH LQIRUPDWLRQ DERXW 6800(5
2))81HYHQWVDQGDFWLYLWLHVSOHDVHYLVLW
YLVLWSDQDPDFLW\EHDFKFRP
™™™
5HVRUW
/LIH
LQ3DQDPD
&LW\%HDFK
XXX
7XUQWKHSDJHWR
GLVFRYHUVRPHRIWKH
EHVWSODFHVWRVWD\
SOD\GLQHDQGXQZLQG
LQ3DQDPD&LW\%HDFK
3KRWR5HOD[LQJLQWKHSRRORIWKH
%HDFK7RZHU5HVRUW0RWHO
THE CIRCUIT July/August 2010
15
X
'5146+('+0#0#/#+6;'#%*
RESORT LIFE IN PCB
3HOLFDQ5HDO(VWDWH
&KDWHDX
'.+%#0'#.56#6'
3HOLFDQ5HDO(VWDWHZDVHVWDEOLVKHGLQE\:LOOLDP+6PLWKLQ6HDJURYH%HDFK)ORULGD
6WDUWLQJZLWKRQHVPDOORI¿FHDQGDJHQWV3HOLFDQKDVJURZQLQWRWKHODUJHVWORFDOO\RZQHGUHDO
HVWDWHFRPSDQ\LQ1RUWKZHVW)ORULGD2XUUHDOHVWDWHWHDPLVPDGHXSRIRYHUKDUGZRUNLQJ
KLJKO\PRWLYDWHGSURIHVVLRQDOVDOHVDVVRFLDWHVZKRDUHWKHH[SHUWVLQRXUORFDOPDUNHWV2XU
RI¿FHVDUHVWUDWHJLFDOO\ORFDWHGWKURXJKRXW1RUWKZHVW)ORULGDIURP3DQDPD&LW\WR1DYDUUHDQG
1RUWKWR&UHVWYLHZ3HOLFDQLVDIXOOVHUYLFHUHDOHVWDWHEURNHUDJHRIIHULQJH[SHUWLVHLQUHVLGHQWLDO
UHDOHVWDWHFRPPHUFLDOUHDOHVWDWHLQYHVWPHQWUHDOHVWDWH
#/261000n7+6'5
#0#/#+6;'#%*
4#0&#0#/#'#%*'5146
THE CIRCUIT July/August 2010
*UHDW/RFDWLRQ«*UHDW9DOXH«
8QIRUJHWWDEOH([SHULHQFH
$OOURRPVDQGVXLWHVDUHEHDXWLIXOO\DSSRLQWHG
DQG IHDWXUH *XOI )URQW YLHZV ZLWK SULYDWH
EDOFRQLHVÀDWVFUHHQ79¶VDQGIUHHKLJKVSHHG
ZLUHOHVV LQWHUQHW 0RVW URRPV IHDWXUH PLQL
NLWFKHQV ZLWK UHIULJHUDWRUV PLFURZDYH DQG
FRRNWRS5HVRUWDPHQLWLHVLQFOXGH*XOIIURQW
KHDWHGSRRO%HDFK)URQW%DUDQG*ULOOEHDFK
YROOH\EDOOEHDFKFKDLUDQGXPEUHOODUHQWDOV
SDUDVDLOLQJVSDFLRXVVXQGHFNJXHVWODXQGU\
DQGSLFQLFDUHDZLWKEDUEHFXHJULOOV/RFDWHG
LQWKHKHDUWRI3DQDPD&LW\%HDFKDFURVVWKH
VWUHHW IURP 6KLSZUHFN :DWHU 3DUN DQG MXVW
PLQXWHVIURP3LHU3DUN:DONLQJGLVWDQFHWR
UHVWDXUDQWVVKRSSLQJDQGHQWHUWDLQPHQW1HZ
¿VKLQJSLHUMXVWVWHSVDZD\
EHDFKWRZHUPRWHOFRP
3LHU3DUNDUHDLVORFDWHGMXVWEORFNVIURP
WKH EHDFK DQG PLQXWHV IURP 3LHU 3DUN
:H RIIHU IUHH :L)L ´ ÀDW VFUHHQ 79¶V
ODSGHVNV IRU ZRUNLQJ LQ JXHVW URRPV RXU VXLWHV KDYH D PLQLIULGJHPLFURZDYH
:DNHXSWRDIUHHGHOLFLRXVKRWEUHDNIDVWRU
JUDE DQ ³2Q WKH 5XQ %UHDNIDVW %DJ´ )RU
DQLQYLJRUDWLQJZRUNRXWXWLOL]HRXU¿WQHVV
FHQWHUDQGIRUIXQHQMR\WKHRXWGRRUSRRO
FKLOGUHQ¶VVSODVK´Q´SOD\IRXQWDLQ2XU
*#6'#7
VT IHHW PHHWLQJ VSDFH LV SHUIHFW IRU VPDOO
:RXOGQ¶WLWEHQLFHWR¿QGDSODFHWKDWUHPLQGV
PHHWLQJV$WWKH+DPSWRQ,QQ6XLWHVZH
\RXRIWKRVHYDFDWLRQV\RXHQMR\HGDVDNLGZLWK
ORYHKDYLQJ\RXKHUHDQG\RXDUHJRLQJWR
\RXUIDPLO\"7KH&KDWHDXLVWKDWSODFH7KDW¶V
ORYHEHLQJKHUH
ZK\ DOPRVW KDOI RXU EXVLQHVV FRPHV IURP
UHSHDWJXHVWV:K\VWD\LQDKLJKULVHZKHQ
\RXFDQEHDFRXSOHRIIHHWRIIRXUVXJDUZKLWH
EHDFK":H¶UHFHQWUDOO\ORFDWHGLQWKHKHDUW
RIWKHIDPHG³0LUDFOH6WULS´DQGRIIHUFOHDQ
FRPIRUWDEOHDQGDIIRUGDEOHDFFRPPRGDWLRQV
*LYH XV D WU\ ZH NQRZ \RX¶OO FRPH EDFN
&DOO WROO IUHH RU YLVLW XV DW
FKDWHDXPRWHOFRP
*UDQG3DQDPD%HDFK5HVRUWZLWKLWV¿QHO\DSSRLQWHGUHVLGHQFHVDQGH[SDQVLYHYLHZVRI
WKH*XOIRI0H[LFRLVWKHSHUIHFWSODFHWRUHOD[UHFUHDWHDQGUHYHOLQ\RXUGLVFRYHU\RIWKLV
H[WUDRUGLQDU\FRPPXQLW\6RJRDKHDGDQGHQMR\WKHEHVWWKH6RXWKHDVWKDVWRRIIHU(PEUDFH
\RXUPRUQLQJZLWKDEUHDNIDVWDW$QRWKHU%URNHQ(JJ%HIRUHPRYLQJRQWRDSOHDVXUDEOH
VZLPLQWKHEHDXWLIXO(PHUDOG:DWHUVRIWKH*XOIRI0H[LFRVOXPEHURQWKHVXJDUZKLWHVDQGV
RIRXUH[SDQVLYHFRDVWOLQH6SHQGWLPHHQMR\LQJDZHOOGHVHUYHGPDVVDJHDWWKH,QGXOJHQFH
6SD6DORQ7DNHWKHIDPLO\IRUDZRQGHUIXOGLQQHUDQGDJUHDWERWWOHRIZLQHDWWKHIDPRXV
%RQH)LVK*ULOO/DVWEXWQRWOHDVWHQG\RXUGD\ZLWKDOHLVXUHO\VWUROOGRZQWKHEHDFKZKLOH
H[SHULHQFLQJRQHRIRXUEUHDWKWDNLQJVXQVHWV,WLVRXUSOHDVXUHWRVHUYH\RXVRSOHDVHFDOOQRZ
DQGOHWRXUIULHQGO\DQGH[SHULHQFHGVWDIIKHOSPDNHWKLV\RXUEHVWEHDFKYDFDWLRQHYHU
16
'#%*19'4'514616'.
*RWR
3&%HDFKRUJ
WRYLHZRXUFRPSOHWHOLVW
RI3DQDPD&LW\%HDFK
5HVRUWV$FFRPPRGDWLRQV
X
'5146+('+0#0#/#+6;'#%*
RESORT LIFE IN PCB
(GJHZDWHU
0DMHVWLF
&)'9#6'4'#%*'5146
$VWKHRQO\IXOOVHUYLFHUHVRUWLQ3DQDPD&LW\%HDFKZHRIIHUDYDULHW\RIDFWLYLWLHVDQGDPHQL
WLHV(DFKVXLWHKDVDIXOO\HTXLSSHGNLWFKHQDQGZDVKHUDQGGU\HUIRU\RXUFRQYHQLHQFHDQG
JROIFRXUVHRUEHDFKYLHZVIRU\RXUHQMR\PHQW2XUUHVRUWRIIHUVHOHYHQSRROVIRXU-DFX]]LVD
VKXIÀHERDUGFRXUWVL[WHQQLVFRXUWVWKLUW\VL[KROHVRIJROIDQGHQGOHVV)ORULGDVXQVHWV(QMR\
SDUDVDLOLQJMHWVNLLQJWHQQLVJROIZHLJKWOLIWLQJEHDFK\RJDRUDVRRWKLQJERG\ZUDS7KH&OXE
DW(GJHZDWHU¶V$FWLYLWLHV'LUHFWRUDQGWHDPZLOOEHVXUH\RXDQG\RXUIDPLO\KDYHWKHEHVWYDFD
WLRQHYHUXQWLO\RXUQH[WYLVLWWKDWLV
#,'56+%'#%*'5146
0DMHVWLF%HDFK5HVRUWLVDSODFHZKHUHWLPHVWDQGVVWLOODVHPHUDOGZDWHUVPHOWLQWRGD]]OLQJ
ZKLWHVDQGEHDFKHV6SHQGWLPHZLWKIDPLO\DQGIULHQGVDWSRROVLGHJDWKHULQJVSLFQLFVRQWKH
EHDFKDQGEUHDWKWDNLQJVXQVHWVRYHUWKHJOLVWHQLQJZDWHUVRIWKH*XOIRI0H[LFR0DMHVWLF
%HDFK5HVRUWLQ3DQDPD&LW\%HDFK)ORULGDKDVFDSWXUHGWKHVSLULWRIOLIHRQWKHEHDFKLQ
DQHZ)ORULGDFRQGRPLQLXPUHVRUWZLWKRYHUIHHWRIEHDFKIURQWRQWKH*XOIRI0H[LFR
3HRSOHRIDOODJHVZLOO¿QG3DQDPD&LW\%HDFKWKHSHUIHFWGHVWLQDWLRQ<RXZLOOGLVFRYHUWKH
XOWLPDWHLQ*XOIIURQWUHQWDOVZLWKDQ\RIRXUDFFRPPRGDWLRQV²VWXGLRRQHWZRWKUHHRU
IRXUEHGURRPXQLWV
JUHDWVHUYLFH<RXUVDWLVIDFWLRQLQRXU
FRPPLWPHQW:HJXDUDQWHHLW,QDGGLWLRQ
WRWKHEHVWUDWHVLQ3DQDPD&LW\%HDFKDOO
RXU VKRUW WHUP YDFDWLRQ UHQWDOV LQFOXGH D
)UHH$PHQLW\ 3URJUDP SDQDPDEHDFKUHQWDOVFRP
;6*''#'51465
%< 7+( 6($ 5(62576¶ QHZ VORJDQ LV
³6DYHPRUHRQWKHVKRUH´:LWKORZUDWHV
IUHHEUHDNIDVWIUHHNLGVPHDOVIUHHDLUSRUW
VKXWWOH VHUYLFH DQG XS WR RII DW DUHD
DWWUDFWLRQV OLNH *XOI :RUOG 0DULQH 3DUN
WKURXJKWKHKRWHOFKDLQ¶V³3DVVSRUWWR3OD\´
SURJUDPIDPLOLHVFDQWDNHDEUHDNZLWKRXW
EUHDNLQJ WKH EDQN 7UDYHOHUV FDQ FKRRVH
IURP WKUHH GLIIHUHQW KRWHOV /HJDF\ E\ WKH
6HD%HDFKFRPEHUE\WKH6HDRU%HDFKEUHDN
E\WKH6HDDQGVHYHUDOGLIIHUHQWURRPW\SHV
WR¿QGWKHURRPWKDWEHVWVXLWVWKHLUQHHGV
DQGEXGJHW7RDGGWRWKHVDYLQJV%<7+(
6($5(62576FRQWLQXDOO\RIIHUVPXOWLSOH
GHDOV²LQFOXGLQJ DOOLQFOXVLYH SDFNDJHV²
RQE\WKHVHDUHVRUWVFRP
176*'40'51465#%#6+10
'06#.5
17065#-'5'5146412'46+'5
'LVFRYHU ZK\ &RXQWV 2DNHV 5HVRUW
3URSHUWLHV LV VHWWLQJ WKH VWDQGDUG IRU \RXU
YDFDWLRQH[SHULHQFHRQ3DQDPD&LW\%HDFK
:HKDYHWKHEHVWVHOHFWLRQLQUHVRUWVKRWHOV
FRWWDJHV KXQGUHGV RI FRQGRV LQ RYHU UHVRUWV DQG EHDFK KRXVHV ZLWK WR EHGURRPV2XUYDFDWLRQUHQWDOVDUHORFDWHG
ZKHUH \RX ZDQW WR EH ZKHWKHU LW LV LQ WKH
KHDUW RI WKH DFWLRQ RU WKH WUDQTXLOLW\ RI D
VHFOXGHGEHDFK:HSULGHRXUVHOYHVRQRXU
6RXWKHUQ5HVRUWV9DFDWLRQ5HQWDOVFHOHEUDWHV
\HDUVLQEXVLQHVVLQ,Q3DQDPD&LW\
%HDFK ZH UHSUHVHQW QHDUO\ YDFDWLRQ
UHQWDOVLQRIWKHPRVWEHDXWLIXOUHVRUWVDQG
FRPPXQLWLHV :LWK EHDFK KRPHV FRWWDJHV
DQGFRQGRVIURPRQHWRIRXUEHGURRPVZH
KDYH\RXUSHUIHFWSODFHDWWKHEHDFK,QGXOJH
LQ IDQWDVWLF YLHZV LQFUHGLEOH *XOIIURQW
SRROVOD]\ULYHUVDQGVWDWHRIWKHDUW¿WQHVV
7DNHDGYDQWDJHRIRXU6RXWKHUQ3HUNVZKLFK
SURYLGH JXHVWV D ZRQGHUIXO DVVRUWPHQW RI
IUHHDQGGLVFRXQWHGDFWLYLWLHVLQFOXGLQJDIUHH
WLFNHWDERDUGWKH6HD6FUHDPHU'ROSKLQFUXLVH
DQGGLVFRXQWHGJROIDW+ROLGD\*ROI&OXE
.7'70412'46+'5
%OXH6XQ3URSHUWLHVIHDWXUHVXSVFDOHEHDFK
UHVRUW GHVWLQDWLRQV IRU GLVFULPLQDWLQJ
WUDYHOHUV WKDW GHPDQG WKH YHU\ EHVW %RRN
ZLWK FRQ¿GHQFH NQRZLQJ WKDW RXU OX[XU\
EHDFK FRQGRV ZLOO PDNH IRU WKH SHUIHFW
YDFDWLRQ UHQWDO DQG \RXU PRVW PHPRUDEOH
EHDFKYDFDWLRQHYHU
%OXH6XQ3URSHUWLHV:H'R7KH%HDFK
THE CIRCUIT July/August 2010
17
%HDFK
&KDPEHU
3RNHU
7RXUQDPHQW
%XVLQHVV $IWHU +RXUV
7KXUVGD\ $XJXVW z )5(( +HDULQJ (YDOXDWLRQV
$GYDQFHG GLJLWDO GHVLJQV IRU FODULW\
z$
SDWLHQW VDWLVIDFWLRQ UDWLQJ
z
6KDURQ DQG *UHJRU\ <R
<
<RUGRQ
UGRQ +$6
z
0RVW
WUXVWHG EUDQG Z DGXOWV RYHU %&+,6 06 DUH 1DWLRQDOO\ %RDUG
&HUWLÀHG LQ +HDULQJ ,QVWUXPHQW
z ([FOXVLYH OLIHWLPH DIWHUFDUH SURJUDP
6FLHQFHV
z )LQDQFLQJ DYDLODEOH
VDPH DV FDVK SODQV ZDF
V
6$/( &86720 ',*,7$/
5HJXODU 3ULFH 2SWLPD 0LUD 'LJLWDO
+HDULQJ $LG
&DQQRW EH FRPELQHG
ZLWK RWKHU RIIHUV
/LPLWHG WLPH RQO\
3DQDPD&LW\/RFDWLRQ
+LJKZD\ 6XLWH $
%HDFK/RFDWLRQ7XHVGD\V
:LVWHULD 6WUHHW
&RUQHU RI +XWFKLVRQ %RXOHYDUG
EORFN ZHVW RI 6HDEUHH]H :LQHU\
&DOO
&
DOO IIRU
RU D
DSSRLQWPHQW
RU 18
THE CIRCUIT July/August 2010
32.(5 72851$0(17
)(( ,QFOXGHV $GPLVVLRQ
+RW %XIIHW 'LQQHU
'ULQN 7LFNHWV DQG
(QWU\ LQWR 7RXUQDPHQW
LQFOXGLQJ FKLSV
7R VSRQVRU SOD\ DQG
SDUWLFLSDWH FRQWDFW
/LQGVD\ 'ULQJ DW WKH
%HDFK &KDPEHU
X
'#.6*2&#6'
%\.ULVW\0F.LQQ\*ROG¶V*\P
$KK5HVRUW/LIH7DNHDIHZVHFRQGVDQGHQYLVLRQ5HVRUW/LIH:KDW
FRPHVWR\RXUPLQGZKHQ\RXHQYLVLRQLW",SLFWXUHDIDEXORXVUHVRUW
RQDSULVWLQHEHDFKZLWKD¿UVWFODVVSRRODUHD,VPHOOFRFRQXWVXQWDQ
RLO,IHHOWKHKRWVXQZKLFKLVFRROHGHYHUVRVOLJKWO\ZLWKVWUDWHJL
FDOO\SODFHGPLVWHUV,WDVWHSLQDFRODGDV$V,ORRNDURXQGWKHSRRO
GHFN,VHHJODPRURXVYDFDWLRQHUVZKRPRVWGH¿QLWHO\FKHFNHGWKHLU
DSSHDUDQFHEHIRUHKHDGLQJWRWKHSRRO7KH\DUHZHDULQJGHVLJQHU
EDWKLQJVXLWVDQGWKHPRVWIDVKLRQDEOHVXQJODVVHV7KH\KDYHJOLVWHQ
LQJVXQWDQVSURIHVVLRQDOO\VW\OHGKDLUDQGSHUIHFWPDNHXS7KH\DUH
IUHVKO\ ERWR[HG ODVHUHG UHVW\ODQHG PLFURGHUPDEUDVLRQHG QLSSHG
WXFNHGDQGOLIWHG7KH\ORRNOLNHWKH\WUXO\FDUHDERXWWKHZD\WKH\
ORRNEXWWKH\GRQ¶WORRNOLNHWKH\UHDFKWKHLUJRDOLQDKHDOWK\ZD\
*'4'+5#5+/2.'9#;61
%*#0)';174#22'#4#0%'T
#4&914-#0&&+5%+2.+0'^
/RRNDURXQGWKHUHVRUWLQ\RXUKHDG+RZPDQ\RIWKHSHRSOHDUH
HDWLQJDEXUJHUDQGIULHVZKLOHSRROVLGH"+RZPDQ\NLGVDUHKDYLQJ
DKRWGRJDQGLFHFUHDPFRQH"7KLVW\SHRIHDWLQJLVWKHTXLFNHVWZD\
WRDQXQSOHDVDQW¿JXUHIROORZHGE\DOLIHWLPHRIKHDOWKLVVXHV
7KHQH[WWLPH\RXKHDGWRDUHVRUWPDNHDSDFWZLWK\RXUVHOIWRFRP
PLWWRDKHDOWK\JHWDZD\$Q\UHVWDXUDQW\RXPLJKWJRWRGXULQJ\RXU
VWD\VKRXOGKDYHKHDOWK\RSWLRQVHYHQLIWKH\DUHQ¶WRQWKHLUDFWXDO
PHQX6LQFHQXWULWLRQSOD\VD+8*(UROHLQWKHZD\\RXORRN
DQGIHHOOHDUQKRZWRRUGHUZKHQ\RXDUHIRUFHGWRHDWDPHDORXW$
EUHDNIDVWRIDQHJJ:+,7(RPHOHWZLWKDVPDQ\YHJJLHVDV\RXZDQW
IROGHGLQDQGDVPDOOERZORIRDWPHDOZLOOVWDUW\RXUGD\ULJKW$W
OXQFKRUGHUDSODLQSLHFHRIJULOOHG¿VKRUFKLFNHQDQGDVPDOOVDODG
ZLWKDJRRGTXDOLW\EDOVDPLFYLQHJDU)RUGLQQHUDVPDOOOHDQFXWRI
VWHDNLVLGHDOZLWKDVLGHRIDVSDUDJXV2IFRXUVH\RXDOZD\VQHHG
DVQDFNEHWZHHQEUHDNIDVWDQGOXQFKOXQFKDQGGLQQHU$IDWIUHH
*UHHN\RJXUWRUZKH\SURWHLQVKDNHZRXOGEHWKHEHVWRSWLRQV
$QGFKHFNRXWWKHUHVRUWJ\P0RVWSHRSOHVNLSWKHJ\P³EHFDXVH
WKH\DUHRQYDFDWLRQ´5DWKHUXVHWKDWFKDQFHWRFKHFNRXWWKHJ\P
DQGHYHQKLUHDORFDOSHUVRQDOWUDLQHU<RXZLOOKDYHWKHFKDQFHWR
SLFNWKHLUEUDLQDERXWORFDOKHDOWK\UHVWDXUDQWRSWLRQVIDYRULWHUHFL
SHVVW\OHVRIWUDLQLQJQHZH[HUFLVHVDQGKRZWKH\IHHOWKHEHVWZD\
WRUHDFK\RXUJRDOZRXOGEHDFKLHYHG,DPDWUDLQHUP\VHOI\HW,
DOZD\VKLUHDWUDLQHUZKHQLWLVWLPHIRUPHWRFRPSHWH$QG,OHDUQ
QHZWKLQJVIURPWUDLQHUVLQP\EXVLQHVVHYHU\GD\
,DPIRUWXQDWHWROLYHLQDWRZQIXOORIUHVRUWV,ZDNHXSHYHU\GD\
OHVVWKDQDPLOHDZD\IURPWKH:RUOG¶V0RVW%HDXWLIXO%HDFKHV,
ZRXOGQ¶WKDYHWRJRIDUIRUDSLQDFRODGDRU%RWR[%XWWKHORQJ
WHUPVDWLVIDFWLRQWKDWFRPHVIURPVWLFNLQJWRDKHDOWK\OLIHVW\OHDQG
HQIRUFLQJWKHVDPHIRUP\FKLOGUHQRXWZHLJKVWKHVKRUWWHUPSOHD
VXUHRIDQ\WKLQJ,FRXOGSXWLQP\PRXWK7RNQRZWKDW,DPPDNLQJ
DGLIIHUHQFHLQWKHOLYHVRIRWKHUVLQFOXGLQJP\FKLOGUHQLVZKDW,OLYH
IRU7RKHDUVRPHRQHZKRZRXOGKDYHRQFHRUGHUHGSL]]DFKRRVHD
JULOOHGFKLFNHQVDODGDQGDVLGHRIIUXLWDQGZDWFKWKHPHQMR\LWLV
ZK\,GRZKDW,GR,I\RXKDYHDQ\TXHVWLRQVRQKRZWRUHDFK\RXU
JRDOVFRQWDFWPHDWPFNLQQH\¿WQHVVFRP
™™™
THE CIRCUIT July/August 2010
19
7$66(/6,1&
6LQFH
ÁRRULQJ
RRULQJ
IXUQLWXUH
IXUQLW
X
FXVWRP
FXVWRP
VWR
ZLQGRZ
ZLQGRZ
WUHDWPHQWV
Q
DFFHVVRULHV
DFFHVVRU
VV
FRQGR
G
SDFNDJHV
SDFNDJHV
FRPPHUFLDO
PHUFLDO
UHVLGHQWLDO
GHQW
UHPRGHOLQJ
PRGHOL
GHVLJQ
GHVLJQ
FRQVXOWDWLRQ
/RFDWHGLQWKH/\QGHOO&HQWHURQ
3DQDPD&LW\%HDFK3DUNZD\
7$66(/6,1&
%HDFK3DUNZD\
3DQDPD&LW\%HDFK)/
3KRQH
)D[
WDVVHOVSFEFRP
WDVVHOV#NQRORJ\QHW
VSHFLDOL]HVLQUHORFDWLRQ
UHVLGHQWLDODQGLQYHVWPHQW
SURSHUWLHVVHFRQGKRPH
DQGUHVRUWSURSHUWLHV
ZDWHUIURQWFRQGRPLQLXPV
DQGGHYHORSPHQWSURMHFWV
6DQG\7KRPSVRQ
%URNHU$VVRFLDWH&56H3UR
6+2576$/(6)25(&/2685(
5($/725
6KHLVH[SHUWO\WUDLQHGLQ
KHOSLQJSUHYHQW
IRUHFORVXUHV
3UXGHQWLDO6KLPPHULQJ6DQGV5HDOW\Œ3DQDPD&LW\%HDFK3NZ\Œ3&%)/
&HOOŒ)D[Œ5LQJ7KH%HOOHVFRP
20
THE CIRCUIT July/August 2010
$)HZ0LQXWHV:LWK%XGG\:LONHV
3DQDPD&LW\%HDFK3LRQHHUVLQFH
RI %XGG\¶V FUHDWLYH SDVVLRQV ZULWLQJ DQG
SKRWRJUDSK\ +H FRQWLQXHV WR KRQH WKHVH
VNLOOV DQG WR GDWH KDV ZULWWHQ WZR PXUGHU
P\VWHU\ QRYHOV ³7KH 2VSUH\¶V 1HVW´ DQG
³2YHUERDUG´ ,Q WKH IRUPHU D \RXQJ PDQ
GLVFRYHUV KLV PXUGHUHG SDUHQWV XSRQ FRP
LQJKRPHRQDFROOHJHEUHDNWKHODWWHUQRYHO
WDNHVSODFHRQDFUXLVHVKLSQXPHURXVORFDO¶V
QDPHVZHUHOHQGWRWKLVSURMHFW%XGG\LV
FXUUHQWO\ZRUNLQJRQDWKLUGQRYHOD³-DFNLH
5RELQVRQHVTXHVWRU\DWDKLJKVFKRROOHYHO´
KHGHVFULEHVDERXWDVFKRRO¶VVWDWHFKDPSL
RQVKLSEDVHEDOOWHDP
%XGG\:LONHVKDVZRUNHGDW6KLSZUHFN,VODQGVLQFH
%
XGG\:LONHVPRYHGWR3DQDPD&LW\
%HDFK LQ WR ZRUN IRU:-+*
1HZV+HZDVDQHZVUHSRUWHUDQG
FRDQFKRUHGWKHR¶FORFN1HZVZLWK(DUO
+XWWR+HODWHUPRYHGLQWRVDOHVDW1HZV
ZKLFKLVKRZKHPHW-LPP\/DUN
7'&&9%´H[SODLQV%XGG\³:HKDGYHU\
IHZGROODUVWRZRUNZLWKVRRXUPDUNHWLQJ
FRPPLWWHHKDGWREHYHU\FUHDWLYHLQWKHZD\
ZHJRWWKHZRUGRXWDERXWRXUGHVWLQDWLRQ´
+HZDVLQYROYHGLQWKHIRUPDWLRQRIDSROLWL
FDODFWLRQFRPPLWWHHNQRZQDVµ'LVFRYHUWKH
%HDFK¶ ZKLFK SURPRWHG WKH SDVVDJH RI WKH
,QKHZHQWWRZRUNIRU0LUDFOH6WULS
WRXULVWGHYHORSPHQWWD[
$PXVHPHQW 3DUN DV WKH *URXS 6DOHV DQG
0DUNHWLQJ'LUHFWRUZDVDOVRWKH\HDU +H KDV DOVR EHHQ LQYROYHG LQ FRPPLWWHH
WKH=RRP)OXPHRSHQHGDVZHOODVWKHDG ZRUN IRU WKH ,QWHUQDWLRQDO $VVRFLDWLRQ RI
GLWLRQRIWKH5DSLG5LYHU5XQLQDQG $PXVHPHQW3DUNVDQG$WWUDFWLRQV,$$3$
EXPSHU ERDWV LQ ZKDW LV QRZ WKH 6NXOO ,V WKHODUJHVWWUDGHRUJDQL]DWLRQRIWKHDPXVH
ODQG SRRO LQ 7KH WKUHH DWWUDFWLRQV PHQW ZDWHUSDUN ]RR PXVHXP DQG IDP
ZHUHFDOOHG³:KDW$:DWHU:RQGHUZRUOG´ LO\HQWHUWDLQPHQWFHQWHUVLQGXVWU\³0\LQ
%XGG\DQG$ODQWDONHG0U/DUNLQWREXLOG YROYHPHQWZLWKWKDWRUJDQL]DWLRQKHOSHGRXU
LQJ D IXOO VFDOH ZDWHUSDUN LQ DQG LQ 3DQDPD&LW\%HDFKSDUNVHDUQDYHU\SRVL
6KLSZUHFN ,VODQG ZDV ERUQ %XGG\ WLYH UHSXWDWLRQ DPRQJ LQGXVWU\ SHHUV´ KH
WRRNDVDEEDWLFDOIURPWKHFRPSDQ\LQ VD\V³IURP'LVQH\WR6L[)ODJVWRIDPLO\
WR FUHDWH WKH )HVWLYDO RI &KDPSLRQV KLJK RZQHGIDFLOLWLHV,KDYHKDGWKHRSSRUWXQLW\
VFKRROEDQGIHVWLYDOFRPSDQ\EXWUHWXUQHG DQGWKHSULYLOHJHWRFRQVXOWZLWKSDUNVDQG
DV *HQHUDO 0DQDJHU RI 0LUDFOH 6WULS 3DUN DWWUDFWLRQVDURXQGWKHJOREH´
DQG6KLSZUHFN,VODQGLQ
,I WKH DPXVHPHQW SDUN RU ZDWHUSDUN ZDV
%XGG\ KDV EHHQ LQYROYHG ZLWK WKH 7RXULVW RSHQ%XGG\ZDVRQGXW\VRWKDWPDGHIRU
'HYHORSPHQW&RXQFLO&RQYHQWLRQ9LVLWRUV VRPHORQJVXPPHUV,QRUGHUWRJLYHEDFNWR
%XUHDX7'&&9%LQQXPHURXVFRPPLWWHHV KLVIDPLO\IRUWKHWLPHORVWKHWUDYHOHGGXU
VLQFHWKHLQFHSWLRQRIWKHRUJDQL]DWLRQ³0\ LQJWKHRIIVHDVRQWRZKHUHYHUWKH\ZDQWHGWR
KHDUWKDVDOZD\VEHHQLQ3DQDPD&LW\%HDFK JR³0\ZLIHDQG,ERWKHQMR\WUDYHOLQJDQG
DQGLQWKHDWWUDFWLRQVLQGXVWU\VLQFH,DUULYHG ZHKDYHYLVLWHG6RXWK$PHULFDDJRRGELW
KHUHVR,ZDVLQYROYHGLQWKHIRUPDWLRQRIWKH RI(XURSHDQGPXFKRIWKH&DULEEHDQGXU
5HVRUW&RXQFLORIWKHSUHGHFHVVRURIWKH LQJWKHRIIVHDVRQV´7KHVHWUDYHOVOHGWRWZR
%XGG\LVPDUULHGWR1DQF\+RUWRQ:LONHV
ZKRJDYHXSDKXJHMREDVGLUHFWRURIVDOHV
RIDJOREDOFRPSDQ\ORFDWHGLQWKH:DVKLQJ
WRQ'&DUHDWRPRYHWR3DQDPD&LW\%HDFK
WREHZLWKKLP³6KHLVWUXO\DVRXOPDWH´
KH FRQ¿GHV ³DQG , DP WKDQNIXO HYHU\ GD\
KHUIULHQGVIDPLO\PHPEHUVDQGFROOHDJXHV
IDLOHGWRWDONKHURXWRIPDNLQJWKHGUDPDWLF
PRYH´%XGG\LVH[WUHPHO\SURXGRIKLVWZR
ZRQGHUIXO FKLOGUHQ $P\ /\QQ 6HDO ZKR
JDYHKLPWZRWHUUL¿FJUDQGFKLOGUHQ$GHO\QQ
*UDFH DQG *DEULHO 0LFKDHO DQG 0LFKDHO
:LONHVZKREOHVVHGKLPZLWKWZRIDEXORXV
JUDQGGDXJKWHUV2OLYD$QQDQG$YD3DJH
™™™
+($/7+
:(//1(66
$GYHUWLVHLQ7+(&,5&8,7¶V
6HSWHPEHU2FWREHU
LVVXH³+HDOWK:HOOQHVV
LQ3DQDPD&LW\%HDFK´
&DOO
THE CIRCUIT July/August 2010
21
TTHE
HEE C
H
CIRCUIT
IRCU
IR
CU
UIT
IITT July/August
Ju
ully/
ly/
y/Augu
Augu
Au
gust
st 2010
201
010
23
2
3
.,$625(172$:$5'('
7236$)(7<3,&.
%< ,1685$1&( ,167,
787()25+:<6$)(7<
-RLQLQJ WKH )RUWH FRPSDFW VHGDQ DQG
6RXO XUEDQ SDVVHQJHU YHKLFOH WKH
6RUHQWR FRPSDFW XWLOLW\ YHKLFOH KDV
EHHQUHFRJQL]HGDVD³7RS6DIHW\3LFN´E\
WKH ,QVXUDQFH ,QVWLWXWH IRU +LJKZD\ 6DIHW\
,,+6 LQ WKH PLGVL]H 689 FDWHJRU\ ZKHQ
6RUHQWR UHFHLYHG WKH RUJDQL]DWLRQ¶V WRS
KRQRUE\HDUQLQJ³*RRG´UDWLQJVWKHKLJK
HVW DFKLHYDEOH LQ IURQWDO VLGH UHDU DQG
UROORYHULPSDFWFUDVKVDIHW\WHVWV7KH6H
GRQD PLQLYDQ DOVR UHFHLYHG WKH ,,+6 ³7RS
6DIHW\ 3LFN´ DQG ³6DIHVW 0LQLYDQ (YHU
7HVWHG´ GLVWLQFWLRQ VKRUWO\ DIWHU LWV ODXQFK
LQDQGDJDLQLQDQG
7KH.LDEUDQGLVÀUVWDQGIRUH
PRVW FRPPLWWHG WR SURYLGLQJ
WKHKLJKHVWOHYHOVRISDVVHQJHU
VDIHW\ 7KH6RUHQWRLVDQH[DPSOHRI
.LD¶VRQJRLQJDQGUDSLGYHKLFOHH[SDQVLRQ
GHPRQVWUDWLQJ WKDW EX\HUV FDQ KDYH DQ DI
IRUGDEOHZHOOHTXLSSHGDQGDWWUDFWLYH689
ZLWKRXWVDFUL¿FLQJLPSUHVVLYHOHYHOVRIFUDVK
SURWHFWLRQ´
7KH 6RUHQWR RIIHUV WKH VDIHW\PLQGHG
FRQVXPHU SOHQW\ RI VWDQGDUG VDIHW\ HTXLS
PHQW$OOWULPV/;(;DQGWKHVRRQWR
EHDYDLODEOH6;FRPHRXW¿WWHGZLWKGULYHU
DQGSDVVHQJHUDGYDQFHGIURQWDLUEDJVIURQW
VHDWPRXQWHG VLGH DLUEDJV VLGH FXUWDLQ DLU
EDJV DQG IURQW DFWLYH KHDGUHVWV IRXUZKHHO
$QWLORFN %UDNH 6\VWHP $%6 (OHFWURQLF
6WDELOLW\&RQWURO(6&DQG(OHFWURQLF%UDNH
'LVWULEXWLRQ(%'+LOO6WDUW$VVLVW&RQWURO
+$&DQG'RZQKLOO%UDNH&RQWURO'%&
DOVRFRPHVWDQGDUGRQDOOPRGHOVWKHIRUPHU
DVVLVWLQJLQSUHYHQWLQJWKHYHKLFOHIURPUROO
LQJEDFNZDUGZKHQWU\LQJWRSXOODZD\IURP
DQXSKLOOJUDGLHQWZKLOHWKHODWWHUKHOSVNHHS
WKHYHKLFOHPRYLQJVWUDLJKWDQGVWHDG\GRZQ
VWHHSJUDGHV
7KH 6RUHQWR HQFRPSDVVHV ERWK WKH
EUDQG¶VVLJQDWXUHGHVLJQFXHVDVZHOODVLWV
GLVWLQFW FRPELQDWLRQ RI YDOXH VDIHW\ DQG
VW\OH 7KH 6RUHQWR RIIHUV FRQVXPHUV
DZHOOHTXLSSHGZHOODSSRLQWHG&89ZLWK
EHVWLQFODVVKRUVHSRZHUVXLWHGSHUIHFWO\IRU
WKHIXQG\QDPLFDQGGLVFHUQLQJGULYHU
™™™
24
THE CIRCUIT July/August 2010
:KDW,ZDVJLYHQ
,PDGH
6
:KDW,PDGHEHWWHU
,WKHQ
&\QGL$LQVZRUWK-LP
&DQWRUH/HH$QQ/HRQDUG
DQG'LDQD7LQGOHDWWKH
%RRNLWFRPJUDQGRSHQLQJ
RQ0D\-D\QD/HDFK
ZLQVWKH5HJLRQVJLIWEDV
NHWDW)ULGD\DWWKH%HDFK
RQ-XQH5REHUW
&DUUROODQGGDXJKWHU*LJLDW
WKHDLUSRUW*UDQG2SHQLQJ
&HOHEUDWLRQRQ0D\
5HS0DUWL&ROH\/HRQ
:DOWHUV'U*OHQGD:DO
WHUVDQG*DLO5REELQVDW
)683UHVLGHQW(ULF%DUURQ¶V
5HFHSWLRQRQ0D\
ZDVDJLIW
%HDFK
&LW\
THE CIRCUIT July/August 2010
25
6((%(6((1
'DQD/HQW-R$QQ5HYHOODQG
'DYLG6RXWKDOODW)ULGD\DWWKH
%HDFKRQ-XQH
0LNH%XUNHDQG'HUULFN%HQQHWW
DW)ULGD\DWWKH%HDFK
:RUNLQJDWWKHDLUSRUW¶V*UDQG2SHQLQJ
&HOHEUDWLRQ&DWKHULQH&ROOLQV.ULVWRSKHU
0F/DQH6NLS$OIRUGDQG&\QGL$LQVZRUWK
)HOLFLD
(ULFD6&RRNDQG
SLYH\
UV
\5RJH
$LQVOH GD\DWWKH
X
D
H
P
UL
R
/LVD& )HUULFNDW)
D
DQG/LV Q-XQH
R
%HDFK
.DUHQ%ODFNHUE\ZLWK-RKQ
5HLFKDUGDWWKH-XQH%XVLQHVV
$IWHU+RXUVDW7KH3DOPV
*ULII*ULI¿WWVSUHVHQWV1DYLJDWRU¶V
TXDUWHUO\6PDOO%XVLQHVV$ZDUGWR
3DW3HUQRIURP%HHI2¶%UDG\¶V
*ULII*ULI¿WWV)683UHVLGHQW(ULF
%DUURQDQG%HWK2OWPDQDW)68
3&¶VUHFHSWLRQRQ0D\
*ULII*ULI¿WWV%HWK2OWPDQ/LVD
$GDPV6XSHULQWHQGHQW+XVIHOWDW
WKH&KDPEHU¶V&ODVVURRP0HQWRULQJ
3URJUDPUHFRJQLWLRQRQ-XQH
VWOHU
XVDQ(
UDQG6 QG2SHQ
H
II
X
WR
UD
*LQD6 DLUSRUW¶V*
H
Q0D\
DWWK 3LJ5RDVWR
J
LQ
-RVK:DNVWHLQ/LVD'DOODV*DU\:LVH
.ULVWHQ%DUQHVDQG$VKOH\+RZHOODW
WKH-XQH%XVLQHVV$IWHU+RXUV
26
THE CIRCUIT July/August 2010
%UDG+DZNLQVIURP6RXWKZHVW$LUOLQHVZLWK%HWK2OW
PDQDQG'DQ5RZHDW)ULGD\DWWKH%HDFKRQ-XQH
THE CIRCUIT July/August 2010
27
28
THE CIRCUIT July/August 2010
3
DQDPD &LW\ %HDFK¶V ODUJHVW LQGRRU
DWWUDFWLRQ:RQGHU:RUNVŒ RSHQHG
LWV GRRUV LQ ODWH -XQH 7KH IRXU
VWRU\VTXDUHIRRWIDPLO\HQWHUWDLQ
PHQWFRPSOH[ZLOOEH¿OOHGZLWKPRUHWKDQ
LQWHUDFWLYH KDQGVRQ H[KLELWV D URSHV
FRXUVH/D]HU7DJYLGHRJDPHVDJLIWVKRS
DQG PRUH *HQHUDO DGPLVVLRQ SULFHV DUH
IRUDGXOWVDQGIRUVHQLRUVDQG
NLGV DJHG ± WD[ QRW LQFOXGHG 0DNH
DGD\RILW±WU\WKH;WUHPHFRPERSDFN
DJHZKLFKLQFOXGHVDGPLVVLRQWR5LSOH\¶VŠ
%HOLHYH,WRU1RWORFDWHGULJKWDFURVVWKH
VWUHHW
7KH :RQGHU:RUNVŒ H[SHULHQFH LQFOXGHV
YLUWXDO SK\VLFDO DQG PHQWDO FKDOOHQJHV
QDWXUDOGLVDVWHUVRXWRIWKLVZRUOGVSDFHDQG
PLOLWDU\PLVVLRQVWKHIDURXWLOOXVLRQJDOOHU\
DQGPXFKPRUH
/D]HU7DJ±(DFKJXHVWZLOOEHJLYHQDYHVW
EHIRUHHQWHULQJWKHVTXDUHIRRWOLJKW
HG/D]HU7DJPD]H,W¶VDQH[FLWLQJKHDUW
SRXQGLQJ DGUHQDOLQ UXVK XVLQJ WKH ODWHVW
LQQRYDWLYH ODVHU WHFKQRORJ\ <RX FDQ SOD\
RQHRQRQHRUDVDWHDPZKLFKLVLGHDOIRU
JURXSV
+XUULFDQH6LPXODWRU+DYH\RXHYHUZRQ
GHUHGZKDWLWZRXOGIHHOOLNHWREHLQDKXUUL
FDQH"6WHSLQWR:RQGHU:RUNVŒ+XUULFDQH
6LPXODWRUDQG\RXZLOOEHEORZQDZD\E\D
PSKKXUULFDQHDVPHDVXUHGRQWKH6DI¿U
6LPSVRQ+XUULFDQH6FDOH
:RQGHU:RUNVŒ:RQGHU&RDVWHU±(DFK
JXHVW ZLOO EHFRPH WKH SLORW DQG GHVLJQHU
RIWKLVYLUWXDOUROOHUFRDVWHUZKHUHWKH\FDQ
FKRRVH FRDVWHU VHJPHQWV WR VXLW SHUVRQDO
SUHIHUHQFHV ± ORRSV FRUNVFUHZV ÀLSV EDU
UHOVVSLUDOVGURSVWXQQHOVWUDYHOEDFNZDUGV
RUOHDYHLWXSWRWKHFRPSXWHUWRFUHDWHDP\V
WHU\GHVLJQ
5RSHV&KDOOHQJH&RXUVH±/RFDWHGRQWKH
IRXUWKÀRRUJXHVWVZLOOEHFKDOOHQJHGE\WKH
WKUHHVWRU\ URSH ODGGHUV DQG SDUDOOHO URSH
EULGJHVZKHUHGH[WHULW\EDODQFHDQGIRFXV
PXVWFRPHWRJHWKHULQRUGHUWRVXFFHVVIXOO\
FRPSOHWHWKLVKXPDQVSLGHUZHE6DIHW\LV
DOZD\V WKH ¿UVW FRQVLGHUDWLRQ DQG WKH ODQ
\DUG KDUQHVV V\VWHP NHHSV ERWK ODUJH DQG
VPDOOFRPSHWLWRUVMXVWLQFKHVIURPWKHDSSD
UDWXVLIDPLVVWHSLVWDNHQ
;WUHPHÛ%LNH+DYH\RXKHDUGRIDEL
F\FOHEXLOWIRUWZR",W¶VEHHQDURXQGIRU
\HDUVRUPRUH:RQGHU:RUNVŒKDVOLWHUDOO\
SXW D QHZ VSLQ RQ WDQGHP F\FOLQJ ZLWK LWV
QRYHOƒ%LNH7KHIDVWHU\RXSHGGOHWKH
PRUH\RXUHYROYHXSVLGHGRZQ,W¶VDOPRVW
OLNHDWZRSHUVRQUROOHUFRDVWHUZLWKDVSLQ %HGRI1DLOV±+RZDERXWO\LQJRQDEHGRI
&RQWLQXHGRQ3DJH
QLQJRYHUWKHWRSPRWLRQ
THE CIRCUIT July/August 2010
29
³620(/,.(
,7+27´&
KHI5HYLHZ
)
RUQHDUO\WZR\HDUV'DYLG3+D]OHWW
³&KHI'DYH´KDVEHHQWKH([HFX
WLYH&KHIDWWKUHH3DQDPD&LW\%HDFK
VWDSOHV%UHDNHUVLQLWVWK\HDURIIHUVD
³FDVXDO¿QHGLQLQJH[SHULHQFHDWDQDIIRUG
DEOH SULFH´ VD\V &KHI 'DYH ³,¶P ELJ RQ
SUHVHQWDWLRQ,ORYHWRFRPHXSZLWKGDLO\
VSHFLDOVXVLQJIUHVKORFDOVHDIRRGDQGDEHDX
WLIXOSUHVHQWDWLRQ´+DUSRRQ+DUU\¶VLVD³FD
VXDOJHW\RXUIHHWVDQG\LVODQGVW\OHNLQGRI
SODFH´ZKHUH&KHI'DYHVHUYHVXS¿VKWDFRV
WXQDGLVKHVDQGRQHRIWKHEHVWEXUJHUVZLWK
FHUWL¿HG$QJXVEHHI%LVKRS¶V)DPLO\%XI
IHWLVDQDOO\RXFDQHDWEXIIHWVHUYLQJEUHDN
6HVDPH6HDUHG7XQD
7RSSHGZLWK$VLDQ6ODZ
‡6XVKLJUDGHFHQWHUFXWWXQD
‡2OLYHRLO
‡%ODFNZKLWHVHVDPHVHHGV
$VLDQ6ODZ0L[WRJHWKHUMXOLHQQHGWKLQO\
IDVWOXQFKDQGGLQQHU³:H¶YHJRWWKHEHVW VOLFHG$VLDQFXFXPEHUMXOLHQQHGSXUSOHRU
FUDEOHJVPRQH\FDQEX\´VD\V&KHI'DYH UHGRQLRQJUDWHGIUHVKJLQJHUVHVDPHRLODQG
³$W%LVKRS¶VZHIRFXVRQVHDIRRGEXW\RX VHDVRQHGULFHYLQHJDU
FDQVWLOOJHWDJUHDWJULOOHGVWHDN´
6HDVRQWXQDZLWKROLYHRLODQGFRDWHDFKVWHDN
:K\GR\RXORYHZKDW\RXGR"³,ORYHWKH ZLWKEODFNZKLWHVHVDPHVHHGV&RDWDSDQ
YDULHW\ RI WKLQJV , JHW WR GR IURP FDWHULQJ ZLWKKRWROLYHRLODQGVHDUWXQDVRWKHRXWVLGH
DQGGRLQJHOHJDQWZHGGLQJVWRFUHDWLQJIXQ EHFRPHVDOLJKWJROGHQEURZQZKLFKVHDUV
PHQXLGHDVIRUWKHWKUHHUHVWDXUDQWV´+HUH LQWKHPRLVWXUHRIWKH¿VK5HPRYHVWHDNV
LVWKHUHFLSHIRURQHRI&KHI'DYH¶VVLJQDWXUH IURPSDQDQGIRU³PLGUDUH´FRRNWKHPLQD
GLVKHVIURP%UHDNHUV
SUHKHDWHGGHJUHHRYHQIRUPLQXWHV
)RUSUHVHQWDWLRQFXWWXQDVWHDNVLQKDOIDQG
3LFWXUHGWRSDQGOHIW3DQRUDPLFYLHZVRI%UHDN
VWDFN WKHP WRS ZLWK$VLDQ 6ODZ WKHQ WRS
HUV$ERYH&KHI'DYH5LJKW$%UHDNHUVVLJ
QDWXUH GLVK ³6HVDPH 6HDUHG 7XQD 7RSSHG ZLWK HDFK VWDFN ZLWK WKLQO\ VOLFHG FULVS\ IULHG
ZRQWRQV(QMR\
$VLDQ6ODZ´3KRWRVE\&-5\DQ
32
THE CIRCUIT July/August 2010
Shan Kishi
Sushi Bar & Japanese Fusion Cuisine
All You Can Eat Sushi & Hibachi
11 AM – 4:30 PM (except Sunday)
1
2
2
6
,1*
&20
850.249.3663
13800 PCB Parkway
Behind Carrabba’s
([FLWLQJ
1HZ
0HQX
7KRPDV'ULYH‡
/LYHRU:RUNLQ%D\+ROPHV
:DVKLQJWRQRU-DFNVRQ&RXQW\"
<28&DQ-RLQ
15701 Panama City Beach Parkway
Panama City Beach, FL 32413 • Highway 98 and Pier Park
Phone: (850) 235-4225
Fax: (850) 235-8869
0HPEHU
1&8$
‡ǯ”‡–Š‡…Ž‘•‡•–ˆ‹ƒ…‹ƒŽ‹•–‹–—–‹‘
–‘–Š‡‡™ƒ‹”’‘”–Ǩ
6RXWKSRUW%UDQFK‡+LJKZD\‡‡SHIFXRUJ
THE CIRCUIT July/August 2010
33
*#/$'41//+66''2&#6'5
U
YLJDWR
1D
MENTORING PROGRAM
WK
OO
QJ
%XV
LQHVV
& K DUWL
H
(Q
WU
PD
X
HSU
RU
HQHXULDO &RXUVH I
#8+)#614
6
WHQ TXDOLWLHV LQWR RQH¶V OLIH WR DFKLHYH PRUH
VXFFHVV 7KHVH WHQ TXDOLWLHV LQFOXGH %HOLHYH
LQ WKH SRZHU RI DWWLWXGH 7DFNOLQJ DGYHUVLW\
&RPSOHWH VHQVH RI SXUSRVH 6DFUL¿FH PXVW
EHFRPH\RXUIULHQGµ$GDSWRUGLH¶SKLORVRSK\
&KDVLQJ \RXU GUHDPV 7DNH FDUH RI \RXU VHOI
LPDJH 'HYHORSPHQW RI WUXVW &RPPLWPHQW WR
H[FHOOHQFH DQG
7UHDW RWKHUV
OLNH \RX ZDQW
WR EH WUHDWHG
2Q 0D\ 1DYLJDWRU WKH &KDPEHU¶V VPDOO
EXVLQHVV LQLWLDWLYH KHOG LWV VHFRQG ZRUNVKRS
LQ WKH PRQWKO\ ³/XQFK /HDUQ´ /HDGHUVKLS
6HULHV DW WKH 3DOPV &RQIHUHQFH &HQWHU
2YHU DWWHQGHG WKH PLQXWH LQWHUDFWLYH
ZRUNVKRS WLWOHG ³7KLQNLQJ 'HHSO\ $ERXW
/HDGHUVKLS´ E\ 'U 5DQG\ %ODVV IURP WKH -LP
0RUDQ ,QVWLWXWH )RU *OREDO (QWUHSUHQHXUVKLS
7KH WKLUG ZRUNVKRS ³/HDGLQJ <RXU 'D\
,W¶V $ERXW 7LPH´ E\ %DUEDUD /D\ IURP WKH
-LP 0RUDQ ,QVWLWXWH ZDV KHOG RQ -XQH 2Q 0D\ 7KH ZRUNVKRS WDFNOHG ZD\V WR LPSURYH WLPH WKH 1DYLJDWRU
PDQDJHPHQW
& R P P L W W H H
2Q 7KXUVGD\ -XQH &RDFK 0LNH .DQGOHU DZDUGHG WKHLU
KHDG FRDFK DW *XOI &RDVW &RPPXQLW\ ¿UVW TXDUWHU
&ROOHJH OHG DQRWKHU 1DYLJDWRU ZRUNVKRS 6PDOO %XVLQHVV $ZDUG DW WKH
³/RFNHU 5RRP /HDGHUVKLS´ DW 7KH 3DOPV &KDPEHU¶V PRQWKO\ )ULGD\ DW WKH %HDFK
&RQIHUHQFH &HQWHU SULRU WR WKH -XQH %XVLQHVV WR 3DW 3HUQR RI %HHI 2¶%UDG\¶V
$IWHU +RXUV ³ RI P\ MRE LV WHDFKLQJ D
VSRUW´ VD\V &RDFK .DQGOHU ³ RI P\ MRE
LV WHDFKLQJ SHRSOH WR PDQDJH WKHPVHOYHV´
'XULQJ WKH KRXU KH RXWOLQHG KLV µ4XDOLWLHV RI
6XFFHVVIXO /HDGHUV¶ D OLIHORQJ JHW RXW RI EHG
HYHU\ PRUQLQJ SURJUDP WR KHOS LQFRUSRUDWH
3LFWXUHG WRS OHIW 'U 5DQG\ %ODVV¶ ³7KLQNLQJ
'HHSO\ $ERXW /HDGHUVKLS´ DW 1DYLJDWRU¶V /XQFK /HDUQ ZRUNVKRS RQ 0D\ 7RS ULJKW &RDFK
.DQGOHU¶V ³/RFNHU 5RRP /HDGHUVKLS´ RQ -XQH
$ERYH 3DW 3HUQR RI %HHI 2¶%UDG\¶V DFFHSWV
1DYLJDWRU¶V TXDUWHUO\ 6PDOO %XVLQHVV $ZDUG IURP
&KDLUPDQ *ULII *ULI¿WWV RQ 0D\ 4''0 '#&'45*+2
7KH *UHHQ /HDGHUVKLS &RPPLWWHH LV FRRUGLQDWLQJ 0RQWKO\ $UHD &OHDQ8SV LQ YDULRXV
ORFDWLRQV DURXQG 3DQDPD &LW\ DQG 3DQDPD &LW\ %HDFK 2Q 6XQGD\ $XJXVW 6DP¶V &OXE
LV VSRQVRULQJ D FOHDQXS RQ WKH EHDFK VWUHWFK RI %HDFK 'ULYH LQ 3DQDPD &LW\ 6DYH WKLV GDWH
DQG VWD\ WXQHG IRU GHWDLOV RQ WKH %HDFK %X]] DQG 3&%HDFKRUJ
,I \RXU EXVLQHVV LV D PHPEHU RI WKH 3DQDPD &LW\ %HDFK &KDPEHU \RX DUH HOLJLEOH WR KRVW D
FOHDQXS <RX FDQ FKRRVH WKH ORFDWLRQ \RX ZDQW WKH GDWH UHVWULFWHG WR WKH WKLUG ZHHN RI HYHU\
PRQWK DQG WKH WLPH <RX ZLOO UHFHLYH IUHH DGYHUWLVLQJ DQG SURPRWLQJ WKURXJK &KDPEHU
SXEOLFLW\ IRU SDUWLFLSDWLRQ VXFK DV FOHDQXS DQQRXQFHPHQWV DQG ³EHIRUH DQG DIWHU SKRWRV´
EHLQJ LQFOXGHG LQ WKH %HDFK %X]] &KDPEHU ZHEVLWH DQG 7KH &LUFXLW PDJD]LQH
,I \RXU EXVLQHVV RU RUJDQL]DWLRQ ZRXOG OLNH WR FRRUGLQDWH D FOHDQXS ZLWK WKH *UHHQ /HDGHUVKLS
&RPPLWWHH FRQWDFW 0DUWD#3&%HDFKRUJ
,I \RX DUH LQWHUHVWHG LQ EHFRPLQJ D &ODVVURRP 0HQWRU FRQWDFW
6NLS $OIRUG DW WKH &KDPEHU DW 6NLS#3&%HDFKRUJ BBBB
34
THE CIRCUIT July/August 2010
&7%#6+10 #460'45*+2
2Q -XQH %D\ 'LVWULFW 6FKRRO %RDUG
6XSHULQWHQGHQW %LOO +XVIHOW UHFRJQL]HG WKH
3DQDPD &LW\ %HDFK &KDPEHU RI &RPPHUFH
IRU SDUWLFLSDWLRQ LQ WKH &ODVVURRP 0HQWRULQJ
3URJUDP 7KH %HDFK &KDPEHU 1DY\ %DVH
DQG $LU )RUFH %DVH DOO UHFUXLWHG FRPPXQLW\
OHDGHUV WR WDNH SDUW LQ WKLV 0HQWRULQJ 3URJUDP
(DFK PHQWRU UHFHLYHG D VSHFLDO UHFRJQLWLRQ
DZDUG 0HQWRUV LQFOXGH 5RQ 6KDUSH 8QLWHG
:D\ RI 1RUWKZHVW )ORULGD &DURO %URZQ
*XOI :RUOG 0DULQH 3DUN (ULFD 6SLYH\
&KLOGUHQ¶V +RPH 6RFLHW\ &KHU\O 7D\ORU
*XOI &RDVW &RPPXQLW\ &ROOHJH 'U &DUULH
%DNHU *XOI &RDVW &RPPXQLW\ &ROOHJH DQG
/RUL :ROYHUWRQ 7UR\ 8QLYHUVLW\
7KLV SURJUDP EHJDQ ZLWK WKH IRUPDWLRQ RI
WKH %HDFK &KDPEHU¶V (GXFDWLRQ 3DUWQHUVKLS
&RPPLWWHH ODVW \HDU ZKRVH PDLQ REMHFWLYH
ZDV WR FUHDWH D PHQWRULQJ SURJUDP ZLWK
WKH %D\ &RXQW\ 6FKRRO 6\VWHP 7KURXJK
PHHWLQJV ZLWK 6XSHULQWHQGHQW %LOO +XVIHOW
WKH FRPPLWWHH¶V YLVLRQ EHFDPH FOHDU WR
VWDUW D FODVVURRP PHQWRULQJ SURJUDP WKDW
ZRXOG HPSRZHU KLJK VFKRRO VWXGHQWV WR VHH
QHZ SRVVLELOLWLHV IRU WKH IXWXUH
7KH PHQWRUV ZRUNHG DW %R]HPDQ +LJK
0RVOH\ +LJK 5XWKHUIRUG +LJK 5RVHQZDOG
+LJK DQG %D\ +LJK (DFK 0HQWRU ZRUNHG
ZLWK D VSHFL¿F FODVVURRP RI VWXGHQWV
PHHWLQJ ZLWK WKHP RQFH RU WZLFH D PRQWK
WKURXJKRXW WKH VFKRRO \HDU 7KHLU DFWLYLWLHV
YDULHG GHSHQGLQJ RQ WKH FODVVURRP DQG
WKH WHDFKHU 6RPH RI WKH PHQWRUV KHOG
GLVFXVVLRQ VHVVLRQV WR OHDUQ PRUH DERXW HDFK
RWKHU VRPH SURYLGHG HGXFDWLRQDO PRPHQWV
JHDUHG WRZDUGV WKHLU ZRUN H[SHULHQFH VRPH
SURYLGHG WHDPEXLOGLQJ DQG WUXVW H[HUFLVHV RU
DFWLYLWLHV UHODWHG WR VXFFHVV SULQFLSOHV 0RVW
LPSRUWDQWO\ WKH PHQWRUV ZHUH WKHUH JLYLQJ
VWXGHQWV WKHLU XQGLYLGHG DWWHQWLRQ DQG VXSSRUW
&RQWLQXHGIURP3DJH
QDLOV"RIWKHPWREHH[DFW*XHVWVZLOO
KDYHWKHRSSRUWXQLW\WROLHRQDEHGRIQDLOVZKHUH
WKHQDLOVZLOOHYHQO\GLVWULEXWHRQDULJLGEHGULV
LQJ±HYHUVRVORZO\XQWLOWKHJXHVWLVUHVWLQJRQ
SRLQWVRIWKRXVDQGVRIQDLOV
0LQGEDOO0HQWDO&KDOOHQJH0LQGEDOOSLWVWZR
SDUWLFLSDQWV LQ D XQLTXH PHQWDO FRQWHVW 3DUWLFL
SDQWVVTXDUHRIIDWRSSRVLWHHQGVRIDWDEOH(DFK
SDUWLFLSDQWLVVHDWHGDQGZHDUVDKHDGEDQGWKDW
PHDVXUHVWKHEUDLQ¶VDFWLYLW\7KHPRUHFDOPWKH
EUDLQZDYH ± WKH EHWWHU 7KH URXQG 0LQGEDOO LV
SODFHGLQWKHFHQWHURIWKHWDEOH±HTXDOGLVWDQFH
IURPHDFKSDUWLFLSDQW0LQGEDOOUHOLHVRQFDOP
QHVVWRPHDVXUHDSDUWLFLSDQW¶VVXFFHVV7KHJRDO
LVWREHPRUHUHOD[HGWKDQ\RXURSSRQHQWLQRUGHU
WRPRYHDSK\VLFDOEDOODZD\IURP\RXDQGLQWR
\RXURSSRQHQW¶VJRDO«XOWLPDWHO\ZLQQLQJE\UH
OD[LQJ
)DU2XW,OOXVLRQ*DOOHU\:KHQ\RXHQWHU:RQ
GHU:RUNVŒ)DU2XW*DOOHU\\RX¶YHWDNHQDVWHS
LQWRDZRUOGRIXQLTXHSHUFHSWLRQDQGSHUVSHF
WLYH<RXZLOOPDUYHODWWKHGLPHQVLRQDODUWZRUN
ZKHUHWKHWRSPD\DSSHDUWREHWKHERWWRPDQG
YLFHYHUVD7KH)DU2XW,OOXVLRQ*DOOHU\RIIHUVD
SDOHWWHZKHUHWKHLQH[SOLFDEOHZLOOFRPHWROLIH
DQGWKHXQXVXDOZLOOEHFRPHWKHQRUP
ON THE MOVE WITH …
Jan Lambert
GRI | ABR | AHWD | CRS | Realtor®
Previews® Property Specialist
International Sterling Society Award 2009
jan.lambert@cbunited.com
850-381-3817
:RQGHU:RUNVŒ3DQDPD&LW\%HDFKDOVRRIIHUV
JURXSGLVFRXQWVFRPERSDFNDJHVDQGZHOFRPHV
VFKRRO¿HOGWULSV(GXFDWLRQDOOHVVRQSODQVDUH
DYDLODEOHIRUHOHPHQWDU\VHFRQGDU\DQGPLGGOH
VFKRROWHDFKHUV$OO:RQGHU:RUNVŒHGXFDWLRQ
DORIIHULQJVPHHW)ORULGD6XQVKLQH6WDWH(GXFD
WLRQDO6WDQGDUGV
$ERXW:RQGHU:RUNVŒ
:RQGHU:RUNVŒ3DQDPD&LW\%HDFKLVWKHODUJ
HVWLQGRRUDWWUDFWLRQLQ3DQDPD&LW\%HDFKDQG
WKH VHFRQG :RQGHUZRUNVŒ LQ )ORULGD 2WKHU
ORFDWLRQVLQFOXGH2UODQGR)/)ODJVKLSDQG3L
JHRQ)RUJH71,WLVDQDPXVHPHQWSDUNIRUWKH
PLQGDQGIHDWXUHVRYHULQWHUDFWLYHH[KLELWV
IRUYLVLWRUVRIDOODJHVWRH[SHULHQFH7KHPRVW
H\HFDWFKLQJIHDWXUHRIDOO:RQGHU:RUNVŒDUH
WKHEXLOGLQJ¶VGUDPDWLFH[WHULRUDWDOOFODVVLFDOO\
GHVLJQHGEXLOGLQJWKDWKDVODQGHGXSVLGHGRZQ
HLWKHURQWRSRIDVHUDEULFNZDUHKRXVHLQ
2UODQGRDQROGPXVLFPDQVLRQWKHDWUHLQ3LJHRQ
)RUJHRUDEHDFKVXUIVKRSLQ3DQDPD&LW\%HDFK
:RQGHU:RUNVŒ0\UWOH%HDFKLVVODWHGWRRSHQ
LQ 7KH\ ZLOO EH RSHQ GDLO\ DW DP
*HQHUDO DGPLVVLRQ SULFHV DUH IRU DGXOWV
DQGIRUVHQLRUVDQGNLGVDJHG±\HDUV
6HQLRUDQGPLOLWDU\GLVFRXQWVDUHDOVRDYDLODEOH
)RUDGGLWLRQDOLQIRUPDWLRQSOHDVHFDOO
RUYLVLWZRQGHUZRUNVSFEFRP
™™™
THE CIRCUIT July/August 2010
35
X
*#/$'41//+66''2&#6'5
18'40/'06#.
((#+45
YOUNG PROFESSIONALS
7KH *RYHUQPHQWDO $IIDLUV
&RPPLWWHH KRVWHG 6KHUULII
)UDQN 0F.HLWKHQ IRU WKH
-XQH FRPPLWWHH PHHWLQJ
DQG GLVFXVVHG WKH HIIRUWV
EHLQJ PDGH E\ WKH %D\
&RXQW\ 6KHUULII¶V 2I¿FH
WRHQVXUHZHOLYHLQDVDIH
FRPPXQLW\ 7KH QH[W
PHHWLQJZLOOEHKHOGDWWKH
&RXQW\&RPPLVVLRQ2I¿FH
DQGZLOOLQFOXGHDWRXURIWKHQHZIDFLOLW\7KH&RPPLWWHHLVDOVRZRUNLQJZLWKWKH/HDJXHRI
:RPHQ9RWHUVWRKRVWDFDQGLGDWHVIRUXP6WD\WXQHGWR3&%HDFKRUJIRUPRUHGHWDLOV
<RXQJ 3URIHVVLRQDOV # WKH %HDFK KDYH
QXPHURXVHYHQWVFRPLQJXSWKDWEHQH¿WQRW
RQO\ WKH <3 PHPEHUV EXW WKH FRPPXQLW\
DV ZHOO $V WKH 'HHSZDWHU +RUL]RQ 2LO
6SLOO LQ WKH *XOI FRQWLQXHV WR JHW FORVHU
WR RXU EHDXWLIXO EHDFKHV PDQ\ ELUGV DQG
RWKHU PDULQH ZLOGOLIH KDYH EHHQ FDXJKW LQ
WKHPLGGOHRILWDOO7RWKDWHQG<3#7%
UHFHQWO\ KRVWHG D ³*LYH %DFN´ EHQH¿W WR
UDLVHPRQH\DQGFROOHFW'DZQŠGLVKVRDS
IRUDORFDOFKDULW\WKDWDVVLVWVLQFOHDQLQJWKH
RLOHGZLOGOLIH:HZDQWWRWKDQNHYHU\RQH
7KHQH[WFRPELQHG%HDFKDQG%D\&RXQW\&KDPEHUPRQWKO\PHHWLQJZLOOEHDW)683&RQ ZKR FDPH RXW WR VXSSRUW WKLV ZRQGHUIXO
)ULGD\-XO\DQGZLOOIHDWXUH5\DQ+RXFNIURP)ORULGLDQVIRU/RZHU7D[HVDQGD6WURQJHU HYHQW:HZLOOFRQWLQXHWRKRVWSURIHVVLRQDO
(FRQRP\+RXFNZLOOGLVFXVVWKHGHWULPHQWDOHIIHFWV$PHQGPHQWZRXOGKDYHRQRXUVWDWH GHYHORSPHQWZRUNVKRSVVRFLDOVDQG³*LYH
LISDVVHGRQWKH1RYHPEHUEDOORW:HKRSHWRVHH\RXWKHUHDWDPIRUVRFLDOQHWZRUNLQJ %DFN´ HYHQWV DV WKH \HDU FRQWLQXHV 7R
WKH SURJUDP EHJLQV DW DP ,I \RX DUH LQWHUHVWHG LQ MRLQLQJ WKH *RYHUQPHQWDO$IIDLUV JHW LQYROYHG LQ WKLV JUHDW QHWZRUNLQJ DQG
&RPPLWWHHRUZRXOGOLNHLQIRUPDWLRQRQWKHORFDO³9RWH12RQ´FRDOLWLRQSOHDVHFRQWDFW SURIHVVLRQDORUJDQL]DWLRQSOHDVHFRQWDFWWKH
%HDFK&KDPEHUDWRUYLVLW
/LQGVD\'ULQJDWRU/LQGVD\#3&%HDFKRUJ
0HPEHUVRIWKH³9RWH12RQ´FRDOLWLRQSDUWLDOJURXSSLFWXUHGIURPOHIW%HWK2OWPDQ6NLS \SDWEEORJVSRWFRP RU 3&%HDFKRUJ IRU
$OIRUG/LQGVD\'ULQJ.DUHQ%ODFNHUE\0DUWD5RVH&DURO5REHUWV'DYLG7LSWRQ
DGGLWLRQDOLQIRUPDWLRQ
H352&1665(6
6HQLRU$VVRFLDWH
GPDVVH\#NQRORJ\QHW
ZZZGHEELHPDVVH\FRP
36
THE CIRCUIT July/August 2010
'LG\RXNQRZ
2QHRIWKHEHVWUHVRXUFHVWRKHOS\RX
PDUNHW\RXUEXVLQHVVLVRXUZRUOGFODVV
FKDPEHUZHEVLWH7KDW·VULJKW
LW·VLQSODFHZRUNLQJDQGDYDLODEOHWRKHOS
\RXJDLQWKHH[SRVXUH\RXQHHGIRU
VXVWDLQHGJURZWK
,QWKHSDVWVL[PRQWKVZH·YHUHFHLYHGRYHU
YLVLWVZLWKSDJHYLHZVIURPRYHU
FRXQWULHV,QWKLVGD\DQGDJH
WKDW·VFRYHUDJH\RXUEXVLQHVVQHHGV
BEACH MOSQUITO CONTROL DISTRICT
THE CIRCUIT July/August 2010
37
D
URXQG7RZQ
Updates on Community, Education, Workforce & Government
Microsoft Elevate America
Kim Bodine, Executive Director, Gulf
Coast Workforce Board
7KH *XOI &RDVW
:RUNIRUFH %RDUG
LV ZRUNLQJ ZLWK
:RUNIRUFH )ORULGD
,QFWKH$JHQF\IRU
:RUNIRUFH ,QQRYD
WLRQ DQG 0LFURVRIW
DVSDUWRIDQLQQRYD
WLYH SXEOLFSULYDWH
SDUWQHUVKLS WR SUR
YLGHIUHHWHFKQRORJ\
WUDLQLQJWRLQGLYLGXDOVDFURVVWKHVWDWH7KURXJK
0LFURVRIWŠ(OHYDWH$PHULFD0LFURVRIWZLOO
GRQDWHWRWKHVWDWHRI)ORULGDYRXFK
HUVIRUQRFRVWRQOLQHWHFKQRORJ\WUDLQLQJDQG
FHUWL¿FDWLRQWKURXJKDQ\RIWKHVWDWH¶V5H
JLRQDO:RUNIRUFH%RDUGV
*XOI&RDVW:RUNIRUFH%RDUGZLOOUHFHLYH
YRXFKHUV LQFOXGLQJ (/HDUQLQJ YRXFK
HUV%XVLQHVV&HUWL¿FDWLRQH[DPYRXFK
HUVDQG,73URIHVVLRQDOYRXFKHUV³(OHYDWH
$PHULFDLVDJUHDWRSSRUWXQLW\IRUHPSOR\HHV
DQGEXVLQHVVHVLQRXUFRPPXQLW\´VDLG.LP
%RGLQH([HFXWLYH'LUHFWRUIRUWKH*XOI&RDVW
:RUNIRUFH%RDUG³7KHVHYRXFKHUVZLOOJLYH
RXUZRUNIRUFHWKHWUDLQLQJQHHGHGWRFRPSHWH
LQWKHLQGXVWULHVLQWKLVUHJLRQWKDWWLHXVWRWKH
LQFUHDVLQJO\JOREDOKLJKWHFKHFRQRP\´
(DFKWUDLQLQJYRXFKHULVUHGHHPDEOHIRURQH
(/HDUQLQJFRXUVHRU&HUWL¿FDWLRQH[DP(
/HDUQLQJ FRXUVHV DYDLODEOH RQOLQH DUH VHOI
SDFHG DQG RIIHU EHJLQQLQJ DQG LQWHUPHGLDWH
WUDLQLQJRQ0LFURVRIW:LQGRZVRURQRQHRI
WKH SURJUDPV LQ WKH 0LFURVRIW 2I¿FH 6XLWH
$OVRRIIHUHGDUH,73URIHVVLRQDOYRXFKHUVIRU
FRXUVHVWDLORUHGWRWKHQHHGVRILQGLYLGXDOVRQ
WHFKQLFDO SURIHVVLRQDO FDUHHU WUDFNV LQ DUHDV
VXFKDVZHEGHYHORSPHQWRUGDWDEDVHPDQ
DJHPHQW&HUWL¿FDWLRQH[DPVPXVWEHWDNHQDW
&HUWLSRUW7HVWLQJ&HQWHUVVRPHRIZKLFKPD\
FKDUJHDVPDOOIHHIRUH[DPSURFWRULQJ
³:HFUHDWHGWKH(OHYDWH$PHULFDSURJUDPWR
KHOSHTXLSSHRSOHZLWKWKHFULWLFDOWHFKQRORJ\
VNLOOVWKH\QHHGLQWRGD\¶VFRPSHWLWLYHZRUN
SODFH´VDLG7HUUDQFH+HUURQ'LUHFWRURI6WDWH
*RYHUQPHQW $IIDLUV DW 0LFURVRIW &RUSRUD
WLRQ³:HEHOLHYHWKLVW\SHRISXEOLFSULYDWH
SDUWQHUVKLSZLOOSOD\DQLPSRUWDQWUROHLQUH
EXLOGLQJ)ORULGDDQGWKHQDWLRQ¶VHFRQRP\E\
RIIHULQJLPPHGLDWHDFFHVVWREDVLFWHFKQRORJ\
OLWHUDF\ DQG VNLOOV WUDLQLQJ WR XOWLPDWHO\ LP
SURYHUHFLSLHQWV¶HPSOR\PHQWSURVSHFWV´
Create the Fire Within,
Part II Three
Torches: Strength,
Skill, Character
Dr. Ken Shaw, FSU Panama City Dean
$ YHU\ LQWHUHVWLQJ
VWXG\ZDVFRQGXFWHG
ZKHUHWKH\WRRNQLQH
SHRSOH DQG DVNHG
WKHP WR FKRRVH WKH
ZURQJDQVZHUZKHQ
WKH\ZHUHSUHVHQWHG
D PXOWLSOHFKRLFH
TXHVWLRQ 7KH\
SODFHG D WHQWK SHU
VRQZLWKWKLVJURXS
KRZHYHU WKH WHQWK SHUVRQ GLGQ¶W NQRZ WKH
JURXSRIQLQHKDGEHHQJLYHQVSHFL¿FLQVWUXF
WLRQVWRDQVZHUWKHTXHVWLRQLQFRUUHFWO\7KH
TXHVWLRQZDVDVNHG³:KLFKOLQHVHJPHQWZDV
WKHORQJHVW"´$OOQLQHLPPHGLDWHO\FKRVHWKH
VHFRQGORQJHVWOLQHVHJPHQW
&DQ\RXJXHVVZKDWWKHWHQWKSHUVRQGLG",I
\RXVDLGWKH\FKRVHWKHVHFRQGORQJHVWOLQH
VHJPHQW\RXDUHSUREDEO\ULJKW6HYHQW\SHU
FHQWRIWKHSHRSOHWHVWHGZHQWDORQJZLWKWKH
RWKHUV:K\"7KH\GLGQRWZDQWWREHVHHQDV
ZURQJRUWKH\KDGDIHDURIQRWEHLQJDFFHSW
HG7KLVVWXG\VD\VDORWDERXWWKHWKLUGWRUFK
RIWKH)68VHDOPRUHV/DWLQIRUFKDUDFWHU
GCCC Update
Dr. Jim Kerley, GCCC President
,W¶V JRRG WR ORRN
EDFN RQ WKH PDQ\
KLJKOLJKWV DW *XOI
&RDVW &RPPXQLW\
&ROOHJH DV ZH FRQ
FOXGH WKH HQG RI
DQRWKHU VXFFHVVIXO
DFDGHPLF\HDU2QH
RI WKH FROOHJH¶V SUL
RULW\JRDOVKDVEHHQ
WR H[SDQG FRXUVH
DQG SURJUDP RIIHULQJV E\ GHYHORSLQJ WZR
QHZFHUWL¿FDWHRUGHJUHHSURJUDPVSHU\HDU
:LWKKDUGZRUNIURPRXUWDOHQWHGIDFXOW\DQG
VWDIIZHH[FHHGHGODVW\HDU¶VJRDOE\GHYHO
RSLQJDQGLPSOHPHQWLQJ¿YHQHZSURJUDPV
7KLV\HDUZHKDYHVXSHUVHGHGHYHQWKDWDF
FRPSOLVKPHQWE\GHYHORSLQJQROHVVWKDQQLQH
QHZSURJUDPV7KRVHQHZSURJUDPVDYDLODEOH
WRVWXGHQWVWKLVIDOODUH
‡%DFKHORURI$SSOLHG6FLHQFH3URJUDPLQ
7HFKQRORJ\0DQDJHPHQW
‡6XVWDLQDEOH'HVLJQ7HFKQRORJ\
‡3KDUPDF\7HFKQLFLDQ
‡2I¿FH$GPLQLVWUDWLRQ&HUWL¿FDWHLQ0HGL
FDO2I¿FH0DQDJHPHQW
‡2I¿FH$GPLQLVWUDWLRQ&HUWL¿FDWHLQ0HGL
FDO0DFKLQH7UDQVFULSWLRQ
‡/DZ(QIRUFHPHQW2I¿FHU&URVVRYHU&HU
WL¿FDWH3URJUDPV
‡1XFOHDU0HGLFLQH&HUWL¿FDWH3URJUDP
‡6XUJLFDO)LUVW$VVLVWLQJ
‡&DUGLRYDVFXODU6RQRJUDSK\7HFKQRORJ\
,Q0DUFKZHUHFHLYHGDSSURYDOIURPWKH6WDWH
%RDUGRI(GXFDWLRQIRURXU¿UVWEDFFDODXUHDWH
SURJUDP±D%DFKHORURI$SSOLHG6FLHQFHLQ
7HFKQRORJ\ 0DQDJHPHQW 7KLV ZRUNIRUFH
RULHQWHGSURJUDPLVGHVLJQHGIRUVWXGHQWVZKR
KDYH DOUHDG\ FRPSOHWHG DQ $6 RU $$6
GHJUHHLQDWHFKQRORJ\UHODWHG¿HOGDQGZKR
KDYHWKHGHVLUHWRLQFUHDVHWKHLUWHFKQLFDOVNLOOV
&KDUDFWHULVEHLQJWUXWKIXOWR\RXUVHOIDQGWR
LQDVSHFL¿FDUHDRIVSHFLDOW\
RWKHUVQRWEHLQJERXJKWRUVROGKHOSLQJRWK
)ORULGDYRXFKHUVZLOOEHDYDLODEOHIURP0D\ HUVEHLQJKRQHVWWUHDWLQJRWKHUVZLWKUHVSHFW 7KH GHYHORSPHQW RI WKH %$6 LQ 7HFKQRO
WKURXJK $XJ RU ZKLOH VXSSOLHV ODVW VWDQGLQJIRUWKHULJKWQRPDWWHUZKDWWKHPD RJ\0DQDJHPHQWSURJUDPZDVSURPSWHGE\
)ORULGLDQVFDQ¿QGDQHOHFWURQLFYRXFKHUDS MRULW\VD\VDQGEHLQJUHVSRQVLEOHDQGIDLU$W WKHFRPPXQLW\¶VGHVLUHWRSURYLGHDYHQXHIRU
SOLFDWLRQE\YLVLWLQJKWWSHOHYDWHDPHULFDÀRU )683DQDPD&LW\ZHZRUNKDUGWRKHOSRXU JUDGXDWHV RI WHFKQRORJ\UHODWHG DVVRFLDWH GH
LGDMREVRUJRUE\FRQWDFWLQJ-HVVLFD9DOHULDDW VWXGHQWVEXLOGVWURQJFKDUDFWHUVVRWKH\ZLOOEH JUHHSURJUDPVWRDGYDQFHLQWKHLU¿HOGV$WKRU
SURGXFWLYHDQGUHVSHFWHGFLWL]HQV
H[W
RXJKSURJUDPGHPDQGDQDO\VLVLQGLFDWHGWKDW
38
THE CIRCUIT July/August 2010
D
URXQG7RZQ
Updates on Community, Education, Workforce & Government
LQWKHDUHDHQFRPSDVVLQJPLOHVVXUURXQG
LQJ%D\&RXQW\WKHUHDUHHVWLPDWHGDQQXDO
MRE RSHQLQJV ZLWK RQO\ IRXU\HDU DQQXDO
DYHUDJHRIGHJUHHVFXUUHQWO\EHLQJSURGXFHG
'XULQJ RXU SODQQLQJ SURFHVV ZH FRQWDFWHG
DOOUHJLRQDOLQVWLWXWLRQVWRHQVXUHRXUSURJUDP
ZRXOGQRWFRPSHWHZLWKDQ\RIWKHLURIIHULQJV
DQGWKHVHGLVFXVVLRQVFRQ¿UPHGWKDWGXSOLFD
WLRQGRHVQRWH[LVW
WKURXJKRXW3DQDPD&LW\%HDFKWKLVVXPPHU
7KURXJKRXWWKHIHVWLYLWLHVZHZLOOEHUROOLQJ
RXWWKHUHGFDUSHWZLWK5$1'20$&762)
$335(&,$7,212XUSODQLVWRWKDQNYLVL
WRUV LQ XQVXVSHFWLQJ ZD\V IRU FRQWLQXLQJ WR
FKRRVHRXUGHVWLQDWLRQDVWKHLUGHVWLQDWLRQ
:H VWURQJO\ HQFRXUDJH YLVLWRUV WR FRQWLQXH
ZLWK WKHLU SODQV IRU D JUHDW YDFDWLRQ KHUH LQ
3DQDPD &LW\ %HDFK VXSSRUWLQJ WKH FRDVWDO
2XU%$6SURJUDPLVH[SHFWHGWRFRPPHQFH FRPPXQLW\:HZDQWYLVLWRUVRIDOODJHVWR
LQ-DQXDU\DQGDFRRSHUDWLYHDUUDQJH FRPHWR6800(52))81SUHSDUHG
PHQWIRURIIHULQJDQXSSHUGLYLVLRQPDQDJH WRHQMR\WKHLUEHVWVXPPHU\HWLQ3&%
PHQWFRXUVHWKURXJK)683&KDVDOVREHHQ :KHWKHU RXU YLVLWRUV KDYH ORYHG 3DQDPD
DJUHHGXSRQZKLFKLVDWHVWDPHQWWRRXUORQJ &LW\%HDFKIURPD\RXQJDJHRUWKH\DUHMXVW
VWDQGLQJ FRRSHUDWLYH UHODWLRQVKLS ZLWK )68 PHHWLQJXVIRUWKH¿UVWWLPHZHZDQWWKHP
3&DVZHOODVRXUPDQ\EXVLQHVVFRPPXQLW\ WRNQRZWKDWLW¶VDSHUIHFWWLPHWRYLVLW7KLV
DQG.SDUWQHUV
LQYLWDWLRQLVIRURXUORFDODQGUHJLRQDOUHVL
‘Summer of Fun’ Comes
to Panama City Beach
Dan Rowe, Tourist Development Council
2Q WKH KHHOV RI D
IDQWDVWLF 1RUWKZHVW
)ORULGD %HDFKHV ,Q
WHUQDWLRQDO $LUSRUW
2SHQ +RXVH FHOH
EUDWLRQWKHRSHQLQJ
RI D QHZ JDWHZD\
IRU DLU WUDYHO WR WKLV
EHDXWLIXOGHVWLQDWLRQ
ZHDUHQRZIDFLQJD
QHZFKDOOHQJH7KLV
ZDV XQIRUHVHHQ DQG LV XQSUHFHGHQWHG 7KH
SRWHQWLDOLPSDFWIURPWKH*XOI&RDVWRIIVKRUH
RLOVSLOOLVQRWGHWHUULQJRXUFRPPXQLW\IURP
VKRZFDVLQJRXUGLVWLQFWLYHRQVKRUHDFWLYLWLHV
DQGVLWHVWRDOOWKRVHZKRDUHUHSHDWYLVLWRUV
DQG¿UVWWLPHUV
:HKDYHODXQFKHG6800(52))81
DVXPPHUVHDVRQRIIDPLO\IULHQGO\DFWLYLWLHV
VWDUWLQJZLWKRXU-XO\WKZHHNHQGFHOHEUDWLRQ
WKURXJK 6HSWHPEHU /DERU 'D\:HHNHQG
,WLVDQRSSRUWXQLW\IRUWKHXOWLPDWHVXPPHU
H[SHULHQFH0DQ\RIRXUYLVLWRUVH[SUHVVWKDW
WKHLUYLVLWVHQGWRRVRRQQRWDOORZLQJWKHPWR
VHHRUGRDOOWKDWRXUGHVWLQDWLRQKDVWRRIIHU
7KLVLVWKHVXPPHUWRGRLW
&KHFN RXU ZHEVLWH YLVLWSDQDPDFLW\EHDFK
FRP IRU XSGDWHV ZLWK D FRPSOHWH OLVWLQJ
RI HYHQWV DQG DFWLYLWLHV WKDW ZLOO EH KRVWHG
³,Q WKH \HDUV ,¶YH
EHHQ
LQ
YROYHG LQ
H F R Q R P L F
GHYHORS
PHQW , KDYH
QHYHU VHHQ
D YROXQWHHU
ZRUN DV WLUH
OHVVO\DQGHQ
WKXVLDVWLFDOO\
LQVXSSRUWLQJ
H F R Q R P L F /LVD:DOWHUV
GHYHORSPHQW
IRU WKHLU FRPPXQLW\ DV /LVD :DOWHUV´ VDLG
-DQHW :DWHUPHLHU ('$ H[HFXWLYH GLUHFWRU
³+HULQYDOXDEOHFRQWULEXWLRQVWRWKHRUJDQL]D
WLRQDQG%D\&RXQW\DUHWUHPHQGRXVZKLFKLV
ZK\VKHLVPRVWGHVHUYLQJRIWKLVDZDUG´
GHQWVDVZHOO&RPHRQHFRPHDOODQGPDNH
\RXUSODQVWRFRPHPRUHWKDQRQFH7KHUH¶V
JRLQJWREHVRPXFKWRGRWKLVVXPPHUDQG
0V:DOWHUVDOVRVHUYHVRQWKH3DQDPD&LW\
ZHZDQW\RXWRHQMR\LWDOO
3RUW$XWKRULW\DQGLVDPHPEHURIWKH%D\'H
IHQVH$OOLDQFHWZRYLWDOJURXSVWKDWVXSSRUW
%D\&RXQW\¶VHFRQRPLFDVVHWV)RUKHUHFR
QRPLFGHYHORSPHQWDQGFRPPXQLW\UHODWHG
HQGHDYRUVVKHKDVUHFHLYHGQXPHURXVDFFR
ODGHV LQFOXGLQJ WKH %D\ &RXQW\ &KDPEHU¶V
Janet Watermeier, Bay County
/DXUHQ0HUULDP$ZDUGWKH&KDPEHU¶V
Economic Development Alliance
KLJKHVW KRQRU WKH 3UHVLGHQW¶V $ZDUG
'XULQJ WKH )ORULGD IURPWKH%D\(GXFDWLRQ)RXQGDWLRQDQGWKH
(FRQRPLF 'HYHORS %D\&RXQW\&KDPEHU¶V0HPEHURIWKH
PHQW &RQIHUHQFH <HDU$ZDUG6KHLVDOVRWKHUHFLSLHQW
LQ 7DPSD (OL]D RIWKH1DYDO6XSSRUW$FWLYLW\3DQDPD&LW\¶V
EHWK /LVD :DOWHUV +HDGRIWKH3LJ$ZDUGZKLFKUHFRJQL]HVD
SDUWQHU RI %XUNH FLYLOLDQ IRU KLV RU KHU OHDGHUVKLS LQQRYDWLYH
%OXH +XWFKLVRQ LGHDVDQGFRQWULEXWLRQV
:DOWHUV DQG 6PLWK
3$ ZDV DZDUGHG ,QDGGLWLRQ0V:DOWHUVLVDOVRDFKDPSLRQ
WKH5LFKDUG/ IRUHGXFDWLRQZKLFKSURYLGHVWKHIRXQGDWLRQ
0F/DXJKOLQ 9ROXQ IRU ZRUNIRUFH GHYHORSPHQW LQ %D\ &RXQW\
WHHURIWKH<HDU$ZDUGIRUWKHFRXQW\1RUWK +HUSDVWHGXFDWLRQUHODWHGHQGHDYRUVLQFOXGH
ZHVW )ORULGD UHJLRQ 7KLV SUHVWLJLRXV DZDUG VHUYLQJDVFRFKDLURQWKH)ORULGD6WDWH8QL
UHFRJQL]HV D SHUVRQ¶V RXWVWDQGLQJ YROXQWHHU YHUVLW\3DQDPD&LW\)683&%OXH5LEERQ
FRQWULEXWLRQV DQG VXSSRUW IRU ORFDO UHJLRQDO &RPPLWWHH FKDLUSHUVRQ RI WKH %D\ &RXQW\
6FKRRO5HDGLQHVV&RDOLWLRQDQGPHPEHURI
DQGVWDWHZLGHHFRQRPLFGHYHORSPHQWHIIRUWV
WKH*HDU8S%D\$GYLVRU\%RDUG6KHDOVR
0V:DOWHUVKDVEHHQLQYROYHGLQHFRQRPLF VHUYHGDVVHFUHWDU\DQGYLFHSUHVLGHQWRIWKH
GHYHORSPHQW IRU WKH SDVW \HDUV 6KH KDV %D\(GXFDWLRQ)RXQGDWLRQDQGFKDLUSHUVRQRI
VHUYHGRQWKH%D\&RXQW\(FRQRPLF'HYHO WKH)683&'HYHORSPHQW%RDUGDQGFRQWLQ
RSPHQW$OOLDQFH¶V('$%RDUGRI'LUHFWRUV XHVWRVHUYHRQWKHERDUGRIGLUHFWRUVRIERWK
VLQFHVHUYHGDVFKDLUSHUVRQLQDQG RUJDQL]DWLRQV
DQG FXUUHQWO\ VHUYHV RQ WKH H[HFXWLYH
&RQWLQXHGRQ3DJH
FRPPLWWHHDVSDVWFKDLU
Walters Honored as NW
FL Economic Development
Volunteer of the Year
THE CIRCUIT July/August 2010
39
D
URXQG7RZQ
Updates on Community, Education, Workforce & Government
Bay District Schools:
In Praise of Community
Partners, Part II
Bill Husfelt, Superintendent of Schools
7KH YLHZ IURP WKH
GDLV DW JUDGXDWLRQ
LV WKULOOLQJ IRU PH
,W¶V KDUG QRW WR EH
PRYHG E\ WKH VHD
RI
PRUWDUERDUGV
DQG WDVVHOV DWRS WKH
KHDGVRIIXWXUHFRP
PXQLW\ OHDGHUV DQG
&KDPEHU PHPEHUV
)RUPHLW¶VDWLPHRI
JLYLQJWKDQNVDV,DOZD\VUHÀHFWRQZKDWDQ
HIIRUWLWWDNHVWRSURYLGHRXUVWXGHQWVZLWKDOO
WKH\QHHGWRDFKLHYHWKLVPLOHVWRQH
VWXGHQWV IRU IXOO SURGXFWLYH
OLYHV:HFRXOGQ¶WGRLWZLWK
RXW\RX
Naval Support
Activity Panama City
Cmdr. Jessica Pfefferkorn
)URPOHIWWRULJKWDUHWKH16:&FRPPDQGVUHSUHVHQWHGDWWKHFHUHPRQ\
-DQH:KLWHDQG-LOO-HVWHU6XUIDFH&RPEDW6\VWHPV&HQWHU6&6&:DO
ORSV,VODQG7UR\&ODUNH16:&&RURQD'LYLVLRQ-DFTXL%DUNHUDQG-HII
3UDWHU 16:& 3DQDPD &LW\ 'LYLVLRQ$ZDUGV FDWHJRULHV LQFOXGH 6PDOO
6KRUH &RPPXQLW\ 5HODWLRQV 6&6& :DOORSV ,VODQG 1$96($ 1DWLRQDO
+LULQJ(YHQW6KRUH6PDOO:LQQHU16:&&RURQD'LYLVLRQ-DFTXL%DUNHU
16:&3&'-XQLRU&LYLOLDQ3$2RIWKH<HDUDQG-HII3UDWHU16:&
3&'7HDP$ZDUG6KRUH/DUJH:LQQHU861DY\SKRWR
7KH16:&3&'3XEOLF$IIDLUVWHDPUHFHQWO\
HDUQHG WZR 7KRPSVRQ5DYLW] $ZDUGV IURP
WKH&KLHIRI1DYDO,QIRUPDWLRQWKH1DY\¶V
KLJKHVW DZDUGV IRU FDWHJRULFDO H[FHOOHQFH LQ
SXEOLFDIIDLUV1DYDO6HD6\VWHPV&RPPDQG
1$96($HDUQHG¿YH&KLHIRI,QIRUPDWLRQ
&+,1)2 7KRPSVRQ 5DYLW] DZDUGV IRU
WKH¿VFDO\HDURIWKH¿YHIRXUDZDUG
UHFLSLHQWV ZHUH IURP 1$96($ 1DYDO 6XU
,UHÀHFWDOVRRQWKHFRPPXQLW\SDUWQHUVZKR IDFH :DUIDUH &HQWHU 16:& FRPPDQGV
VWHSXSUHSHDWHGO\WRHQVXUHWKDWRXUVWXGHQWV &+,1)2SUHVHQWHGWKHDZDUGVLQ%DOWLPRUH
KDYHVRPXFKPRUHWKDQWKHEDVLFV)URPWKH 0'RQ0D\
EXVLQHVVHVZKREX\DGYHUWLVLQJLQ\HDUERRNV
DQGVSRUWVVLWHVWRWKRVHZKRGRQDWHDSHUFHQW
DJH RI SUR¿WV WR WKRVH ZKR VSRQVRU 3URMHFW
Lisa Kitto, Troy University-PC/Tyndall AFB
*UDGXDWLRQRXUORFDOSDUWQHUVKDYHDQLQYHVW
,WKDVEHHQVDLGWKDW
PHQWLQDOOWKRVHVHQLRUVZKR¿OHDFURVVWKH
WLPHÀLHVZKHQKDY
VWDJH,NQRZRXUNLGVOHDUQDORWRIOLIHOHV
LQJIXQ,IWKDWVWDWH
VRQVLQDUHQDVRXWVLGHWKHFODVVURRPDQGWKH
PHQW LV WUXH ZH¶YH
FRPPXQLW\¶VVXSSRUWLVQHFHVVDU\WRSURYLGH
EHHQKDYLQJDORWRI
H[WUDFXUULFXODUDFWLYLWLHV
IXQ DW 7UR\ 8QLYHU
VLW\,FDQ¶WEHOLHYH
$VWKHVHQLRUV¿GJHW,ZRQGHUZKLFKRIWKHP
LWKDVEHHQDIXOO\HDU
ZLOOJRWRFROOHJHXVLQJD7DNH6WRFNLQ&KLO
VLQFH 7UR\ 8QLYHU
GUHQVFKRODUVKLSDFLYLFFOXEVFKRODUVKLSRU
VLW\ZDVDIIRUGHGWKH
D QDPHG VFKRODUVKLS , NQRZ PDQ\ RI WKH
RSSRUWXQLW\ WR VXE
LQGLYLGXDOVDQGJURXSVWKURXJKRXWRXUFRP
PXQLW\WKDWKDYHGRQDWHGIXQGVWRKHOSJLYH PLWDUWLFOHVIRU7KH&LUFXLW7KLVKDVSURYLGHG
RXUVWXGHQWVVFKRODUVKLSV:LOOD7HDFKHURI XV D ZRQGHUIXO RSSRUWXQLW\ IRU H[SDQVLRQ
WKH<HDUFRPHIURPWKLVJURXS"$FDQFHUUH ZLWKLQWKHFRPPXQLW\7ZR\HDUVKDYHJRQH
VHDUFKHU"$3XOLW]HU3UL]HZLQQHU"$VFKRRO E\VLQFH7UR\8QLYHUVLW\H[SDQGHGLWV7\QGDOO
VXSHULQWHQGHQW",Q%D\'LVWULFW6FKRROVZH 0DULDQQDRSHUDWLRQWRLQFOXGHDVLWHLQ3DQDPD
DUHWKDQNIXOIRUDOOZKRKHOSXVSUHSDUHRXU &LW\ZKLFKLVORFDWHGRQ$LUSRUW5RDG
2IFRXUVHSDUHQWVWHDFKHUVDQGIULHQGVDUHLQ
YDOXDEOHLQKHOSLQJ\RXQJSHRSOHPDVWHUVNLOOV
DQG GHYHORS FKDUDFWHU DQG PRVW ZRXOG QRW
DFKLHYHWKHLUJRDOVZLWKRXWWKHVXSSRUW²DQG
VRPHWLPHVSURGGLQJ²RIWKRVHFORVHVWWRWKHP
$V,VLWRQWKHVWDJH,UHFRJQL]HWKHSULGHLQ
WKHLUVPLOHVDQGWHDUVDQG,DPJUDWHIXOIRUWKH
ORYHDQGVXSSRUWSURYLGHGWRRXUVWXGHQWV
Troy Update
40
THE CIRCUIT July/August 2010
*URZWKKDVEHHQWKHUHFXUULQJWKHPHIRU7UR\
8QLYHUVLW\LQVHYHUDOZD\VWKLV\HDU752<¶V
JRDOLVWRSURYLGHWKHEHVWSRVVLEOHHGXFDWLRQ
DQG VHUYLFHV WR RXU VWXGHQWV DQG LQ RUGHU WR
UHDFKWKLVJRDORXUIDFXOW\DQGVWDIIQXPEHUV
KDYH GRXEOHG WKLV SDVW \HDU:H QRZ KDYH D
6WXGHQW6HUYLFHV6SHFLDOLVWDQG$FDGHPLF$G
YLVRUDWHDFKORFDWLRQDQGKDYHLQFUHDVHGRXU
&RXQVHOLQJIDFXOW\IURPWRPHPEHUV
7KLV TXDUWHU 7UR\ 8QLYHUVLW\ ZRXOG OLNH WR
VSRWOLJKW RXU %DFKHORU RI 6FLHQFH LQ %XVL
QHVV$GPLQLVWUDWLRQ ZLWK D FRQFHQWUDWLRQ LQ
+RVSLWDOLW\DQG7RXULVP0DQDJHPHQWGHJUHH
SURJUDP7KLVGHJUHHSURJUDP¿WVZHOOZLWK
WKH WKHPH RI UHVRUW OLIH DQG LV GHVLJQHG IRU
WKRVHLQWHUHVWHGLQSXUVXLQJDFDUHHULQIRRG
VHUYLFHORGJLQJUHFUHDWLRQFUXLVHOLQHVPHHW
LQJHYHQW PDQDJHPHQW FOXE PDQDJHPHQW
FRQWUDFW PDQDJHPHQW DQG JDPLQJ PDQDJH
PHQW7KLVGHJUHHSURJUDPLV¿WWLQJIRURXU
FRPPXQLW\DV3DQDPD&LW\DQGWKH3DQDPD
&LW\%HDFKDUHDDUHDOODERXWUHVRUWOLIHDQGWKH
WRXULVPLWJHQHUDWHVWKDWGLUHFWO\UHODWHVWRRXU
FRPPXQLWLHV¶HFRQRPLFJURZWK)RUPRUH
LQIRUPDWLRQUHJDUGLQJHGXFDWLRQDORSSRUWXQL
WLHVSOHDVHFDOOXVDWRUYLVLW
SDQDPDFLW\#WUR\HGX
™™™
0HPEHUVKLS
8SGDWH
Cyndi Ainsworth, VP
Member Services
:LWKRXW D GRXEW WKH ODVW
FRXSOH RI PRQWKV KDYH
SURYHQWREHTXLWHDQHPR
WLRQDOUROOHUFRDVWHUULGH,W
DOOVWDUWHGZLWKWKH*UDQG
2SHQLQJRIRXUZRQGHUIXO
QHZDLUSRUWZLWKDUHFRUGQXPEHURIDWWHQGHHVIRU
WKHWKUHHGD\HYHQWQRRQHHYHQVHHPHGWRQRWLFH
WKH XQVHDVRQDEO\ ZDUP WHPSHUDWXUHV DV WKH H[
FLWHPHQWPRXQWHG$VRXUFRPPXQLW\ZDVULGLQJ
KLJKRQWKHDQWLFLSDWLRQRIDEULJKWHUHFRQRP\IRU
%D\&RXQW\ZHUHFHLYHGWKHGHYDVWDWLQJQHZVRI
WKH%3RLOVSLOO
)DLWKLQRXUIXWXUHDQGWKHVWUHQJWKRIRXUFRP
PXQLW\ZLOOKHOSXVZHDWKHUWKLVVWRUP:HDUHD
FRPPXQLW\OLNHQRQHRWKHUZLWKWKHPRVWFDULQJ
VXSSRUWLYHDQGJHQHURXVSHRSOHDURXQGUHDG\WR
SXOOWRJHWKHUWRNHHS3DQDPD&LW\%HDFKDQGRXU
EXVLQHVVHVWKULYLQJ
Emergency?
Call 911
and choose Gulf Coast Medical Center
Closest ER from the beach
ER WAIT TIMES
Wait times are updated on our
website every half hour. www.gcmc-pc.com
8&45SE453&&5t1"/"."$*5:'-03*%"t
03*%" 7KH%HDFK&KDPEHULVKHUHIRU\RXRXUYDOXDEOH
&KDPEHU PHPEHUV WR GR HYHU\WKLQJ ZH FDQ WR
KHOS SURPRWH \RXU EXVLQHVV 'LG \RX NQRZ ZH
RIIHUIUHHHGLWRULDOLQ7KH&LUFXLWPDJD]LQHDQG
RXU OREE\ LV ¿OOHG ZLWK UDFN FDUGV SURPRWLRQDO
PDWHULDOV NLRVNV ZDOO VLJQV DQG HYHQ D YLUWXDO
ÀRRUKLJKOLJKWLQJRXU&KDPEHUPHPEHUV"<RX
DUH ZHOFRPH DQ\WLPH WR VWRS E\ WKH &KDP
EHU&HQWUHDW5-DFNVRQ%OYGWRPHHWWKH
IULHQGO\VWDIIDQGVHHZK\RXUYLVLWRUVPDNHWKH
%HDFK&KDPEHUWKHLU¿UVWVWRSZKHQWKH\DUULYHLQ
3DQDPD&LW\%HDFK
9LVLWRUV FRPH KHUH QRW RQO\ IRU RXU EHDXWLIXO
ZKLWHVDQG\EHDFKHVDQGFOHDUEOXHZDWHUEXWWKH\
UHWXUQ\HDUDIWHU\HDUIRUWKHVRXWKHUQKRVSLWDOLW\
RIRXUZHOFRPLQJUHVLGHQWVDQGEXVLQHVVHV3DQ
DPD&LW\%HDFKKDVVRPXFKWRRIIHURXUYLVLWRUV
IURPWKHEUDQGQHZDWWUDFWLRQ:RQGHU:RUNVDQ
³DPXVHPHQWSDUNIRUWKHPLQG´WR5LSOH\¶V%H
OLHYH,WRU1RW6KLSZUHFN,VODQG:DWHUSDUN*XOI
:RUOG =RR :RUOG &RFRQXW &UHHN *UDQ 0D]H
DQG0LQL*ROIWKHVSHFWDFXODUVKRSVDQGDFWLYLWLHV
DW3LHU3DUNSOXVPDQ\RWKHUVWRNHHSRXUJXHVWV
HQWHUWDLQHGIRUWKHGXUDWLRQRIWKHLUYLVLW
5HPHPEHUWRFKHFN\RXU%HDFK%X]]HDFK0RQ
GD\ IRU DOO RI WKH &KDPEHU DFWLYLWLHV DQG ZDWFK
IRUWKH*UDQG2SHQLQJRI:RQGHU:RUNVFRPLQJ
VRRQ+DYHDJUHDWVXPPHUDQGZHORRNIRUZDUG
WRVHHLQJ\RXDWWKHQH[WHYHQW
™™™
THE CIRCUIT July/August 2010
41
visit
PCBEACH.ORG
FOR A FULL LIST OF COMMUNITY EVENTS
)ULGD\V
DW WKH %HDFK
-RLQW &KDPEHU 0HHWLQJ
)ULGD\ -XO\ /RFDWLRQ +ROOH\ $FDGHPLF &HQWHU )683&
3URJUDP 5\DQ +RXNH ´1R RQ µ
1(7:25.,1* DP
352*5$0 DP
6SRQVRUHG E\ *XOI &RDVW 0HGLFDO
)ULGD\ $XJXVW /RFDWLRQ (GJHZDWHU %HDFK 5HVRUW
3URJUDP 6XSHULQWHQGHQW %LOO +XVIHOW
1(7:25.,1* DP
352*5$0 DP
)ULGD\ 6HSWHPEHU /RFDWLRQ (GJHZDWHU %HDFK 5HVRUW
3URJUDP -DVRQ &RSH )68·V &ROOHJH RI
%XVLQHVV )XOEULJKW 6FKRODU
1(7:25.,1* DP
352*5$0 DP
6SRQVRUHG E\ .QRORJ\
5693 WR &DWKHULQH#3&%HDFKRUJ
5HOD[
3OD\
&HOHEUDWH
)RU DOO WKH UHDVRQV WR YLVLW WKH EHDFK
VWD\ LQ EHDXWLIXO EHDFK FRQGRV UHVRUWV
ZZZ6RXWKHUQ5HVRUWVFRP
1257+:(67)/25,'$¶6*8/)&2$67
$PEDVVDGRU 8SGDWH
Terry Hook, Ambassador Chairman
*UHHWLQJV IURP \RXU $PEDVVDGRUV :RZ ZKDW D UXVK WKHVH ODVW IHZ
PRQWKV KDYH EHHQ 6R PDQ\ WKLQJV JRLQJ RQ WKDW DIIHFW XV DOO QRW WR
PHQWLRQ \RXU &KDPEHU :H KDYH VHHQ WKH ³KLJKV´ RI WKH RSHQLQJ RI
WKH QHZ $LUSRUW DQG LWV JUHDW VXFFHVV WR WKH ³ORZV´ RI WKH 'HHSZDWHU
+RUL]RQ 2LO 6SLOO WKDW LV D GDLO\ WKUHDW WR XV DQG RXU TXDOLW\ RI OLIH DOO
DORQJ WKH (PHUDOG &RDVW
2QH WKLQJ WKRXJK LV GXH WR WKH KDUG HIIRUWV RI WKH &KDPEHU VWDII
HVSHFLDOO\ &\QGL $LQVZRUWK DQG 6NLS $OIRUG WKH $PEDVVDGRUV KDYH
KDG D EXV\ WLPH ZHOFRPLQJ QHZ EXVLQHVVHV DQG GRLQJ ULEERQ FXW
WLQJV 2XU QXPEHUV DUH JURZLQJ ZHHNO\ DQG PRUH DQG PRUH EXVL
QHVVHV OLNH \RXUVHOYHV VHH WKH YDOXH RI &KDPEHU PHPEHUVKLS DQG
EHLQJ LQYROYHG WKURXJK WKH $PEDVVDGRU 3URJUDP
:H KDYH DOVR EHHQ ZRUNLQJ KDQGLQKDQG ZLWK WKH 0HPEHUVKLS
&RPPLWWHH DQG 5DPRQ 'XYDOO RQ D QHZ DQG H[FLWLQJ SURJUDP WKDW
ZLOO ZRUNWRLQWHJUDWHQHZ PHPEHUV DVWKH\ MRLQ RXU &KDPEHU IDP
LO\ $ VSHFLDO WKDQNV WR 3DWWL /RZHU\ IRU VSHDUKHDGLQJ WKH QHZ PHQ
WRU SURJUDP DQG MRLQLQJ WRJHWKHU ERWK RI WKHVH YLEUDQW DQG LPSRUWDQW
IDFWLRQV RI WKH &KDPEHU $IWHU DOO LV WKDW QRW ZKDW WKH GULYLQJ IRUFH
LV EHKLQG WKH &KDPEHU"WR LQVWLOO D IHHOLQJ RI EHORQJLQJ DQG LQYROYH
PHQW HVSHFLDOO\ IRU WKRVH ZKR PD\ EH QHZ WR RXU DUHD
/HW¶V NHHS SUD\LQJ WKDW RXU DUHD EH VSDUHG DV PXFK DV SRVVLEOH IURP
WKLV RLO VSLOO VR ZH PD\ OLYH ZRUN DQG PRVW FHUWDLQO\ FRQWLQXH WR
HQMR\ ³7KH :RUOG¶V 0RVW %HDXWLIXO %HDFKHV´
42
THE CIRCUIT July/August 2010
*2/)&/$66,&
2FWɼȩʑɠ+ʝɺʍȾɏ*ɼOɑ&ʙʅɊ
3UHVHQWHG E\
6HHNLQJ VSRQVRUV SOD\HUV
IRRG YHQGRUV VLOHQW DXFWLRQ
LWHPV SUL]H JLYHDZD\V
3OHDVH FRQWDFW /LQGVD\ 'ULQJ
DW /LQGVD\#3&%HDFKRUJ
RU ȩʑɠ ɪɬEɈ›ɡ
ɼ
W
F
2
ʋɨ
ʋʢU
7ʕʦUVG ʖQJɡ 3Ɉԯɨ Dɢ &
ʋʖʢ
Uɡ 3
ʦ
ʝ
+
ɠ
$Գʑ
6SRQVRUHG E\
P
HPEHUV
Ribbon Cuttings . New & Renewing Chamber Members . Membership & Ambassador Updates
5LEERQ&877,1*6
.HUULJDQ0HUULWW
7UR\8QLYHUVLW\
3LHU$UWZRUNV
6HDUVRQWKH%HDFK
*ROI'HSRW
%RRNLWFRP
1(:
0(0%(56
1-800-Water Damage
Allstate - Harry Grizzle Agency
Appleman Shepard & Trucks
Law Office PA
Beach Ready Spa & Wellness Cntr
Brewer Amusements of PCB
Capt Anderson III
Creative Printing
Emerald Coast Golf Center
Gangwisch, Grandy & Melzer
Cosmetic & Family Dentistry
Girls Inc.
Gulf Coast Community
College Foundation
Humana
Joanie Ritteman
Los Antojitos
Mathis Insurance & Financial Svc
North Florida Realty Group, LLC
Panama City Port Authority
Rock & Roll Transit
Smok “N” Butts BBQ
Southern Roots Landscape
The Cantina Bar & Grill
The Print Shop, LLC
Vacation Home Rentals
ValleyCrest
Wells Fargo Advisors
WonderWorks
5(1(:,1*
0(0%(56
Renewals - 1 Year
Bay County Audubon Society
Bookit.com
Castaway’s Coastal Furniture
Consignment
Factory Mattress Company
Feathers Shoe Boutique
Gymnastics Plus
Jr. Service League of Panama City
Kent Forest Lawn Funeral Home
Laketown Wharf
Military Media
Miracle Strip Carousel
Sponsors of Hope
Waste Pro Panama City
Beaches Construction Company
Dive Locker
Interspace Airport Advertising
Renewals - 2 Years
Accessories On The Boardwalk
CB Weddings
Emerald Coast Kiosk, LLC
Ernest M. House
Grand Floridian Shutter Systems
Havi-Clean
Jubilee Foods
Larry Deutsch
Mainstay Suites
Nike Factory Store
Oaseas Resorts
Red Brick Pizza
Reliable Copy Products
Rowe Realty Group, LLC
Sleep Inn & Suites of PCB
Tootsie’s Orchid Lounge
Yellowbook
Renewals - 3 Years
Brite Beginnings
Dippin Dots (Magic Ice Cream)
Disaster Response Team (DRT)
Firefly
The Grand Theatres
Hearts of Hope International
La Quinta Inn & Suites
Nova Engineering and
Environmental
Panama City CRA
Panama City Surgery Center, LLC
Treasure Island Resort Rentals
Viamedia
Renewals - 6 Years
Area Glass
Belvedere Commons of PCB
CK’s Secrets
Hatch Mott MacDonald
McDonald’s/David Costa
Enterprises
Renewals - 7 Years
Carr, Riggs & Ingram, LLC
Harrison, Rivard Chartered
Labor Ready
Legacy By The Sea Resorts
McConnaughhay, Duffy, Coonrod, Pope & Weaver, PA
McDonald’s Restaurant/Zeebest
Paul Brent Designer
Rock’It Lanes
Renewals - 8 Years
Bay Credit Union
Brown Fire Protection
Edward Jones Investments
Keith Mortensen
Luxury Vacation Rentals, LLC
Merrimac Resort
Optimist Club of the Beaches
ShoreHouse Furniture
Thomas Stroud
Renewals - 9 Years
ACE Cash Express
Corporate Accommodations of
NW Florida
Edgewater Beach Golf Villa
Silver Sands Factory Stores
Sonny’s Bar-B-Q
Venture Out at PCB
The Wisteria Inn
Renewals - 4 Years
Big Brothers Big Sisters of
NW-Florida
Charles Heyman
Emerald Coast Beach Weddings
Gulf Coast Dermatology
Jimmy Phelps
Keller Williams Success Realty
Stephen Wilson
Sunglass World of NW Florida
Renewals - 5 Years
Allegra Print & Imaging
The Associates Architects
Renewals - 10 Years
Bay Arts Alliance
BB&T Bank
Emerald Coast Bingo
Holloway Rentals
Sterling Companies, LLC
Renewals - 11 Years
Better Business Bureau of NW FL
$PHULFDQ%XVLQHVV7HFKQRORJLHV
Renewals - 12 Years
ERA Neubauer Real Estate
Renewals - 13 Years
Calhoun Chiropractic Center, PA
Girl Scout Council of the Florida
Panhandle
The Original J. Michael’s
Musgrove Florist
The News Herald
Plumb Better
TRIPLE “J” Steakhouse
Zooworld
Renewals - 14 Years
Berg Steel Pipe Corp.
Lollye On The Beach
Smurfit-Stone Container Corp.
Renewals - 15 Years
Brian D. Hess
Magic Broadcasting II, LLC
Mariner West Owner’s Assoc.
Renewals - 16 Years
Early Education and Care
Renewals - 17 Years
Burger King
Coldwell Banker-Carroll Realty
Half Hitch Tackle Co.
KLW Enterprises
Sandpiper Beacon Beach Resort
Renewals - 18 Years
Billy’s Oyster Bar
Blowin-N-TheWind Management
Cook - Whitehead Ford
Sea Dragon Pirate Cruise
Renewals - 19 Years
Ace Home Helpers
Buffalo Rock Pepsi
City of Panama City Beach
Club La Vela
Hooter’s/Gulf Coast Wings
SunTrust Bank
Treasure Island Marina
Renewals - 20 Years
Beach Mosquito Control District
Breeze Animal Hospital
Capt. Anderson’s Marina
Gulf Power Company
Montego Bay Seafood/ CET Mgt.
Stephen Myers, D.M.D., PA
Osprey Motel
Pirate’s Island Adventure Golf
United Way of NW Florida
Renewals - 21Years
Fisher-Brown
Waste Management
Renewals - 22 Years
Coconut Creek Mini Golf
Shipwreck Island Waterpark
Walmart Super Center
Renewals - 23 Years
Bay Bank & Trust Co.
Chateau Motel
Continental Condominiums
Dana’s Lock Service
Edgewater Beach Realty, Inc.
Lamar Advertising
Summerhouse Condominiums
TECO/Peoples Gas
THE CIRCUIT July/August 2010
43
EMERALD COAST DENTAL SPA
WE TAKE CARE OF YOU.
&RVPHWLFDQG*HQHUDO'HQLVWU\RQWKH%HDFK
SMILE MAKE OVER
NUTRILITE VITAMINS
PORCELAIN VENEERS
BOTOX
JUVEDERM
ESSIX ORTHODONTICS
CROWNS & BRIDGES
IN OFFICE WHITENING
LASER DENTISTRY
OBAGI SKIN CARE SYSTEM
CLEANING
DIGITAL X-RAYS
TARA M. GRIFFIN, D.M.D. P.A.
+HDOWK\+DSS\3HRSOH6SUHDG6PLOHV
850.249.9311
3135 T H O M A S D R I V E , P A N A M A C I T Y B E AC H , F LO R I D A 32408s
44
THE CIRCUIT July/August 2010
W W W . ECDSPA.COM
79:9;:;+
<:76:;(.,
7(0+
7,940;56
7(5(4(*0;@-3
5LFKDUG -DFNVRQ %RXOHYDUG
3DQDPD &LW\ %HDFK )/ 3&%HDFKRUJ
Splurge a little without spending a lot.
Come on over and spend some time with us! Be
pampered and relax your mind, body and soul at
Serenity Spa. Go “green” on two championship golf
courses, including the only Nicklaus Design course in
NW Florida. Join our tennis clinics and play like a
pro on our five clay courts. Enjoy award winning
cuisine and sushi at Kingfish or take in the sunset with
cocktails at Lime’s Bayside Bar & Grill overlooking
the pristine and protected waters of St. Andrew’s
Bay. Whether you spend the day or spend the night,
rest assured you won't spend a lot!
Recipient of “Best Spa” for Serenity Spa
and "Best Restaurant" for Kingfish by
Panama City Living Magazine.
Currently ranked in Top 10 among
all Marriott spas for 2010.
"Greens of Distinction" winner voted by readers
of Corporate & Incentive Travel Magazine.
M
A R R I O T T
B
A Y
P
O I N T
.
C O M
|
8 5 0 . 2 3 6 . 6 0 0 0

Similar documents

DMV Make/Model Codes

DMV Make/Model Codes BADG BADR BADT BAIN BAIN BAJA BAKE BAKI BAKR BALB BALB BALD BALE BALI BALI BALK BALK BALL BALT BALW BALZ BAMA BAMA BAME BAMH BAND BANH BANK

More information

Decision time for B.C. Lions- Balancing talent

Decision time for B.C. Lions- Balancing talent DORQJWLPH>6DZDW]N\@VD\V¶,JRWWRJHWRQWKHSKRQH·7KHRWKHUJX\DVNVKLPZK\*DUU\VD\V¶,·YHJRWWRFDOOP\SDUROHRIILFHU·+H·VDVNHGZKDW KHGLG*DUU\VD\V¶,PXUGHUHGVRPHRQH· ´+H...

More information