Banks, Frederick settle terms on renewing letters of credit
City of Frederick and local banking officials informally agreed to draft language detailing the renewal process for letters of credit. City staff face delays renewing credits for hundreds of bonded projects while bankers prefer avoiding automatic renewals to prevent open-ended contracts. A letter was due yesterday and officials aim to prevent missed deadlines.
MENTIONED IN THIS ARTICLE
Frederick City
Gary Hessong
Hessong
Thomas Rasmussen
Fcnb Bank
FCNB
Mr. Rasmussen
Jack H. Goldstein
First Bank of Frederick
Pumping stations three and four to reduce flood risk
City engineers begin a 2.9 million project on Carroll Creek at Sagner Avenue and Highland Street. Station three will remove about 20 buildings from the flood plain, and station four will clear six. Conewago Enterprises of Hanover, Pa., earned the contract for 12 months.
MENTIONED IN THIS ARTICLE
Carroll Creek
Sagner Avenue
Highland Street
Gary Hessong
Station Three
Sagner
Hamilton Avenues
Wisner Street
Station Four
Conewago Enterprises Inc
Hanover
Creek Center
Market Street
Carroll Street
Patrick Street
Espina Stone Co
Fairfax
Hessong
FOP to vote on mayor's salary increase offer
The Frederick Fraternal Order of Police will vote on Mayor Jum Grimes's latest contract proposal after a Monday meeting. The offer includes a 5 percent salary increase, described as the minimum with potential room for negotiation. Officer James Ledwell said reactions were mixed, noting officers feel they deserve more.
MENTIONED IN THIS ARTICLE
FOP
Frederick
James Ledwell
Ledwell
Grimes
Also Mentioned on This Page
Goldstein
Hessing
Phillip Bowers
Bowers Brewing Co
David Brinkley
Annapolis
Bowers
North Market Street
Gladhill Furniture
Gladhil
Wee
West Main St
Middletown
Jewelers
Barclay Jewelers
Chrisliana
Dover
MD. Cranberry
Eastpoint
Francis Scott Key
Eredirick
Golden Ring
Harford
Hunt Valley
Laurel Mall
Marley Station
Owings Mills
Prince Georges
Salisbury
Security Square
ST Charles
Towson
White Marsh
Chambersburg
North Hanover
Manchester
King
United States
Littman /Barclay
Myor Chargs
L Studing Vale Mus Marchand
Bost A
Man
P.Q
Pyres
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