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FORT VALLEY - The Peach County Board of Education approved laying the groundwork for the future sale of $9.5 million in bonds backed by the special purpose local option sales tax approved by voters in September 2005. School Superintendent Tommy Daniel said Friday he will come back to the board in the near future with the final price and terms of the sale for board approval. The bonds will finance construction of two new elementary schools, improvements at Peach County High and other projects, Daniel said. The bond sales had been held up by a lawsuit earlier this year challenging the validation of such an action. The lawsuit was dropped in August. Bill Camp of Knox Wall, which is handling the bonds for the school board, made a presentation at Thursday's meeting outlining the projected monthly income over five years from the additional penny sales tax.
What: Second annual Potters Market Invitational, featuring works from 41 N.C. potters. Creations by artisans from Seagrove, Catawba Valley, the Piedmont and the mountains --including Penland -- will be for sale.When: Today, 10 a.m.-4 p.m. Where: Mint Museum of Art, 2730 Randolph Road in Charlotte. Admission: Tickets are $6; ticket sales begin at 9:30 a.m. Parking is free. Fee includes admission to the Mint (day of the sale only). Information: www.mintmuseum.org. WCNC Charity Home What: Annual showhouse sponsored by WCNC, Channel 6, to benefit the Levine Children's Hospital. The 8,200-square-foot new house by Robinette Builders features five bedrooms and seven baths in French Normandy design.When: Sept. 20-Oct. 15. Hours will be 10 a.m.-6 p.m.
City developers will be sitting on a veritable bonanza if the state government approves a proposal by the Maharashtra Housing and Area Development Authority (MHADA) to increase the floor space index (FSI) for builders redeveloping dilapidated cessed buildings in south Mumbai. Cessed buildings are those constructed in the 1940s. With rents fixed at the 1940 levels, tenants of the buildings pay a certain levy as their share to repair the buildings. MHADA has suggested that the government allow such builders develop up to four times the size of the plots (technically called FSI of 4) being redeveloped. Currently, as per Development Control Rules, a developer gets an FSI of 2.5. MHADA officials made the suggestion on September 25 during a meeting of the state-appointed task force to draw up a new housing policy by November 1.
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