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Bahama Islands News, Articles and Information
Timeshare owners looking for answers
Two timeshare owners at the now condemned Tyne Beach Terrace want to know what recourse they have since the vacation home club has been closed for almost two years.The beach-front property was damaged by the twin hurricanes in September 2004 and has yet to come back on-line.
In the months that followed, the tiles began coming up, the electrical installations shorted out and the inner walls became contaminated with mould and mildew.
Salt water also destroyed the electrical components, the concrete and sheet rock walls.
Danish owner Peter Munksnaes had begun repairs on the building in excess of $200,000, but had to stop the work on the 20-unit, four-storey building in December 2004 after a Grand Bahama Port Authority inspector order condemned it.
Francis named to Board
Former Grand Bahama Port Authority Chief Executive Officer and Co-chairman Julian Francis is the newest appointee to the Grand Bahama Yacht Club Board of Directors. In fact, it is a first for New Hope Holdings, which has never had a Bahamian on its board.The company was recently acquired by Preben Olesen, chairman and chief executive officer of the Grand Bahama Yacht Club, who plans to build a mega yachters' haven by merging the two marinas, constructing a condo hotel, a condominium and townhouse development and a clubhouse in Port Lucaya and a beach club on Taino Beach.
The project is a $500 million undertaking.
Mr Francis' appointment is said to be the first of many plans for Bahamians at the company.
The banker of 30 years had retired his post as Governor of the Central Bank of The Bahamas on May 31, 2005 to join the GBPA on a four-year contract, but resigned after only 12 months.
Francis is appointed to GB Yacht Club Board
Former Grand Bahama Port Authority Chief Executive Officer and Co-chairman Julian Francis is the newest appointee to the Grand Bahama Yacht Club Board of Directors.In fact, it is a first for New Hope Holdings which has never had a Bahamian on its board.
The company was recently acquired by Preben Olesen, chairman and chief executive officer of the Grand Bahama Yacht Club, who plans to build a mega yacht haven by merging the two marinas, constructing a condo hotel, a condominium and town house development and a clubhouse in Port Lucaya and a beach club on Taino Beach.
The project is a $500 million undertaking.
Francis' appointment is said to be the first of many plans for Bahamians at the company.
The banker of 30 years had retired his post as Governor of the Central Bank of The Bahamas on May 31, 2005 to join the GBPA on a four-year contract, but resigned after only 12 months.
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ATLANTA, Aug. 22 /PRNewswire/ -- Boys & Girls Clubs of America (BGCA) this week announced the launch of "Boys & Girls Clubs Day for Kids," a major new family event on our nation's calendar. Boys & Girls Clubs Day for Kids (BGC Day for Kids) will be an annual event highlighting the value of meaningful time between caring adults and children. BGC Day for Kids will be celebrated on Saturday, Sept. 16 -- with millions of adults and kids participating in some 2,000 events at Boys & Girls Clubs and other locations nationwide.(Logo: http://www.newscom.com/cgi-bin/prnh/20050921/CLW030LOGO)
Events, celebrity appearances and special promotions will highlight BGC Day for Kids. National spokespersons for the day, platinum-selling recording artist and actor Billy Ray Cyrus and his daughter Miley Cyrus, both of Disney Channel's hit series "Hannah Montana," will kick off the day in Los Angeles.
Yachting paradise
The transformation of the Lucaya area into a multi-million dollar yachting paradise is steadily under way and ground is set to be broken next week for a new condo hotel.The Rotary Club of Lucaya heard yesterday that it is one of the first projects Danish investor Preben Olesen is undertaking since acquiring the Port Lucaya Marina.
He was speaking at the club's weekly luncheon meeting at the Ruby Swiss Restaurant.
The goal is to accommodate the substantial number of mega yachts being built worldwide. One of the challenges is the dredging of the Bell Channel to accommodate some of the bigger yachts.
The developer signed a $6.8 million deal on July 23 with the Grand Bahama Port Authority to acquire the Port Lucaya Marina.
Prime Minister Perry Christie was here to witness the signing moment and pointed out that Olesen will help the government to promote Grand Bahama as a first-class, world-class tourist destination.
LCL wins RM93mil Dubai joint-venture contract
KUALA LUMPUR: LCL Corp Bhd said its associate LCL Interiors in a joint venture with LCL Mice Kraftwork has secured a RM93.2mil contract for the supply and installation of guest rooms, suites and corridors, and associated works component of the east and west towers of The Atlantis resort in Dubai.The Atlantis is a 1,532-room resort with a water theme park at the crescent of The Palm, a luxury resort project in Dubai, which is scheduled for opening in early 2009.
The contract was expected to commence this month with expected completion in 13 months, the company said in a statement.
The joint venture was awarded the contract by resort developer and operator, Kerzner Istithmar Ltd, whose other projects included the 2,317-room sister resort, The Atlantis in The Bahamas.
Year to date, LCL has secured contracts worth over RM300mil from West Asia alone.
Metro briefs
A man accused of numerous violations of fire regulations and St. Lucie County zoning codes was arrested Thursday for violating orders to clean up his property west of Fort Pierce and get proper permits. George Porter Jr., 59, drove away from his property at Angle Road and Avenue D after fire inspectors and county officials called for deputies to arrest him for violating the cease-and-desist order. Sheriff's deputies caught him a short distance away. He remained in the St. Lucie County jail on $500 bail late afternoon Thursday. The county's code enforcement board recently fined him $500 a day for code violations and placed a $20,000 lien on his property, the former site of a drive-in theater. A Remington pump shotgun reported missing from the St. Lucie County Sheriff's Office on March 28 was recovered Wednesday afternoon.