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Tax revenue was $1.2 billion higher in the three-month period, compared with the same period the year before. However, GST revenue was $175 million less than forecast, following lower than expected growth in domestic consumption.
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Mr English said the accounts showed the economy was growing solidly but that revenue was increasing more slowly, partly because of the fall in dairy prices.
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He said New Zealand had an unusual situation with the nominal economy - which is what drives revenue to the Government - increasing more slowly.
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"This is partly because falling dairy prices are impacting on nominal growth. While it's good for New Zealand families to have low interest rates, low inflation and less debt-driven consumption, it makes the Government's fiscal position more challenging."
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The Green Party said the financial results released by the Treasury showed the Government's goal of achieving a budget surplus was looking doubtful.
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"National has staked its credibility on achieving a budget surplus this year, but even that limited goal is looking increasingly dubious," Green Party co-leader Dr Russel Norman said.
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"National will likely blame the fall in dairy prices if their surplus never materialises, even though it was clear dairy prices would never hold at historic highs."
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Labour Party finance spokesperson David Parker said National's economic credibility was under serious scrutiny with its search for surplus becoming harder due to an economy far too reliant on the dairy industry.
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"National promised New Zealanders would get into surplus by improving the economy. It has been six years in government and more than three years since the financial crisis ended and they still haven't run a surplus."
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He said National was running out of excuses.
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The Government's finances are doing worse than expected due to a lower tax take. The Crown recorded an operating deficit of $1.1 billion for the 11 months to May.
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The Government's finances are doing better than expected due to underspending by departments. The operating deficit for the ten months to April was $1.4 billion.
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When Tesla agreed to a statewide cap of five stores in 2014 it was facing the possibility of having to stop selling directly to New Yorkers because of a state law requiring cars be sold only through dealerships. The compromise, announced by Gov. Andrew Cuomo, was important to Tesla because it legalized its direct-sales model here, essentially providing the company a foot in the door.
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Dealerships worried at the time that Tesla would eventually try to push that door open further. Three years later, that is exactly what is happening. Matthew Flamm reports.
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It’s never easy to change the mind of someone who is being unreasonable. Think of an elderly parent with failing vision who insists on driving and won’t wear a seat belt either. But New York City's business leaders cannot give up on President Donald Trump following his abandonment of the Paris agreement to combat global warming.
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Look at the bright side: Instead of calling climate change a hoax, as he did for years, the president signaled that he is open to rejoining the Paris deal, albeit on different terms. For the sake of our waterfront city and the world, it is crucial that he becomes part of the solution, Crain's argues in an editorial.
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owned businesses, but in the construction industry, few such firms have the capacity to meet them, an industry group’s study has found.
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Contractors say because so few minority-owned firms are qualified to do large-scale work, project costs are raised and construction schedules are slowed, and sometimes builders cheat because they have little choice. The finding is sure to be attacked by advocates of MWBEs. Rosa Goldensohn reports.
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The model for development of city-owned land has been unchanged for years: Private developers compete to be chosen by the mayor's office, then offer community benefits to get the City Council to rezone the property. In most cases, they propose market-rate apartments to generate revenue that pays for affordable housing.
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Now Brooklyn Councilwoman Laurie Cumbo is demanding a new paradigm: No market-rate units. Instead, she insists that the city and state subsidize a Crown Heights armory redevelopment's low-rent apartments, reduced-fee recreation center and discounted nonprofit space. And she wants the developer to subsidize it as well.
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But where would the developer's money come from? The councilwoman's plan, which is backed by Assemblyman Walter Mosley and Brooklyn Borough President Eric Adams, has no profitable component. The mayor's office prefers mixed-income developments to ones that concentrate poverty. And it is questionable whether the Cuomo administration would subsidize a de Blasio administration project.
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Fuzzy logic or not, Cumbo has de facto veto power over the project, which she has placed in serious jeopardy after previously indicating support for it. Read her op-ed here.
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Facebook is working with developers and ad agencies on giving advertisers more ways to purchase premium ads.
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The social network said that “in the coming weeks,” advertisers will be able to purchase premium ad inventory via the power editor, or via the ads application-programming interface.
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Facebook officially introduced premium ads at its Facebook Marketing Conference in New York Feb. 29. The power editor debuted last year.
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Get a folder shortcut menu and find your favorite and recently used folders with an enhanced address bar in Windows Explorer. The Folder Pilot shortcut menu can be used within the Windows Explorer, the file selection dialogues, or even from the desktop. The next generation of Windows (codename longhorn ) will have similar functionality -- with Folder Pilot experience the tomorrow's folder navigation today.
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Today Scientific American launches For Science (Lel Elm), a new freely accessible online version of Scientific American for the Arabic-speaking world, featuring the latest science news and features of both global and regional significance. The site will provide authoritative insights into and news of the latest developments from the worlds of science, technology and biomedicine, as well as disseminating the voices of the most influential thinkers from the region.
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For Science will be regularly updated with breaking news stories, features, slideshows, videos and podcasts, featuring science news and research from Egypt, the Middle East and elsewhere in the world. These will include original content specifically tailored to the interests of the region as well as translated Scientific American articles. Amongst the new and exclusive content are a feature about the rediscovery of Amenhotep’s tomb, which had disappeared in the sands over a hundred years ago in the Valley of the Kings, and a profile of Nobel Prize winning Egyptian-American scientist Dr Ahmed Zewail*. All material is selected and produced by a dedicated editorial team from Scientific American based in Egypt.
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The Editor in Chief of For Science is Dalia AbdelSalam, an experienced science journalist who worked as the head of the environment section at Al-Ahram Hebdo, the leading French-language publication in the Arab world, for 17 years before joining Scientific American.
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For Science is published by Springer Nature with financial support from Egypt’s Specialized Presidential Council for Education and Scientific Research, a partnership championed by Dr Hoda Abou-Shady, Associate Professor of Nuclear Physics, Faculty of Science Cairo University, Assistant Minister of Higher Education, and Member of the Presidential Council for Education & Research.
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For Science is the latest language-specific edition launched by Scientific American. The magazine of Scientific American istranslated into 14 languages, and reaches a global audience of more than nine million.
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After nearly eight decades, the lost victims of the infamous Pearl Harbor attack during World War II are finally being laid to rest, thanks to DNA testing.
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Nearly 2,400 members of the U.S. military were killed in the Japanese attack at Pearl Harbor, out of those 429 Navy sailors and Marines were killed on the USS Oklahoma, which capsized after it was struck by several torpedoes during the attack on December 7th, 1941. Only 35 were identified in the years immediately after the attack. The rest of the remains were exhumed when the ship was raised in 1942 and found to be unidentifiable. They were then buried in graves marked as unknown at the National Memorial Cemetery of the Pacific in Hawaii.
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In 2015, the Defense POW/MIA Accounting Agency started exhuming nearly 400 sets of the remains after determining advances in forensic science and genealogical help from families could make identifications possible. As of earlier this month, the agency has identified 186 sailors and Marines from the Oklahoma who were previously unidentified.
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Bruesewitz, of Appleton, Wisconsin, is being buried in Arlington National Cemetery with nearly 50 family members from Wisconsin, Florida, Arkansas and Maryland will attend.
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"It's a real blessing to have him returning and we've chosen Arlington because we feel he's a hero and belongs there," Bruesewitz's niece Renate Starck said to the AP.
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"We were too young to know him but we're old enough that we felt his loss," she added. "We know some stories. There's this stoicness about things from that time that kept people from talking about things that hurt."
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The former Navy Fireman 1st class, whose remains were exhumed nearly six years ago for DNA testing, was laid to rest in his hometown of Council Bluffs, Iowa on Saturday.
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"[J]ust a young man waiting to start a life," she said. "He was a very handsome man. To us, he's our hero," McKeeman's niece, Kathy Rollin, 71, said to Omaha World-Herald. "This finally puts things to rest," her brother, Bill McKeeman, 56, said to the newspaper.
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His burial in his home state was originally planned for a weekend when it would be more convenient for people to attend. But because of scheduling conflicts at the North Mississippi Veterans Memorial Cemetery, his family decided the 77th anniversary of the attack would be an appropriate date, even if some people have to take time off, said his nephew, Dr. Lawrence Wade. He was one of the sailor's relatives who provided DNA to help identify him.
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Dorr's remains were finally brought back to the mainland on Wednesday in Atlanta, where family members and Veterans gave plane-side honors. Members of his family told a local news station from their native South Carolina that they had waited decades for Dorr's return.
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"He was missing in action," nephew Charles Dorr Howard said to WCSC-TV. "That's all they knew for years. My grandfather spent a good half of his life trying to find out what happened to his son. It's up to us as the last Dorr family to receive Carl back and have him buried as close to his parents as we possibly could."
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When I got the chance to drive a 1967 Ford Anglia this week, I was more than a little bit excited to be getting the chance to jump into the car famed for being owned by Ron Weasley’s family – although, to my disappointment, this car didn’t fly or become invisible! It turns out, though, that driving a car with only four gears and wing mirrors on the bonnet is more Voldermort than Harry Potter.
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As another journalist from Blackball Media and I got into the car, the whole thing felt like it dropped to the ground, so already we were worried, as the suspension clearly wasn’t great, but we ploughed on. Starting the car, I was expecting it to magically drive itself, but this wasn’t the case AT ALL. No power steering on this old thing! I had to force my foot down on the clutch and use all the power I had to move the gear into first.
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As we toddled along (the highest speed we could go to was probably about 50mph – no Firebolt or Nimbus 2000 for us) in our little light blue car, I struggled to change gears. Nearly every time I tried to go into third gear, it went into first. The people behind me were not happy.
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Another thing about the gears is that I had no idea how to go into reverse (and still don’t!) Luckily, this wasn’t needed at all in the hour I got in the car, but it did lead us to wonder at what point did car companies decide maybe it was a good idea to show you where the gears were with a diagram! I still don’t know where the indicators were either, so I became one of those people I hate – the ones who don’t indicate.
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The last thing that made me appreciate newer cars was the placement of the wing mirrors. Placed on the bonnet; there was no point to them whatsoever, as I couldn’t see a thing out of them! If I didn’t have a passenger in the car, I don’t know what I would’ve done to change lanes, or just move, generally.
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While I did like feeling like Mrs Weasley for an hour, I think I’ll stick to my trusty new car for now, plus you don’t get any of the cool tech in these old cars, like you do in the new Ford Fiesta that I tried out too!
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The former Yukos executive says he's living in poor conditions and can't attend court hearings because he's suffering from AIDS and cancer.
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“Am I Jack the Ripper? Have I blown up a train or killed two hundred people? How can you justify what is going on here? There is no justification for doing this,” Aleksanyan said.
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Nevertheless, a Moscow court rejected Aleksanyan’s request to be transferred to a medical centre, saying there was no evidence presented to prove it’s necessary.
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Aleksanyan will have to remain in detention for the rest of his trial on charges of embezzlement, money laundering and tax evasion.
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The Russian Prison Service says it's Aleksanyan who is refusing treatment.
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In fact some specialists say Aleksanyan is in much better living conditions than tens of thousands of other HIV-infected prisoners in Russia.
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“More than 400,000 Russians are infected and 40,000 of them are in prison, and to my mind Aleksanyan is living in much better conditions compared to other HIV-infected prisoners,” said Vadim Pokrovsky, AIDS specialist.
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In Moscow, around 70 human rights activists are taking part in a picket to draw attention to Aleksanyan's fate.
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Jailed Yukos shareholder, Platon Lebedev, has announced he's ready to make further confessions if this will help Aleksanyan get better treatment from the authorities.
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Former Yukos CEO, Mikhail Khodorkovsky has been on hunger strike for three days, demanding better care for his former colleague. Then Khodorkovsky has stopped his dry hunger strike saying he will now only drink water.
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Meantime authorities say Khodorkovsky could be force-fed if he refuses to eat.
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The former Yukos CEO is serving his eight-year sentence in Siberia for fraud and tax evasion.
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AUGUSTA, Ga.: Tiger Woods completed one of sport's greatest comebacks to end an 11-year major title drought at the Masters on Sunday by claiming a fifth Green Jacket.
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"Sometimes it is your day, sometimes it isn't, but I'm really happy of the way I felt out there today," said Molinari.
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"I've done a couple of things that I wish I had done differently now but I'll learn from my mistakes."
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The Fresno-Bakersfield section is part of what the authority describes as the initial construction portion of the statewide high-speed rail system. The authority hopes to begin building a stretch between Madera and the south end of Fresno later this year.
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The line through the central San Joaquin Valley would be the backbone of a system that ultimately would connect the Bay Area and the Los Angeles basin with high-speed trains.
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The recommended Fresno-Bakersfield alternative calls for the line to be built below grade through an area west of Hanford. It includes a passenger station east of 13th Avenue and north of the existing San Joaquin Valley Railroad line between Hanford and Armona, in addition to stations in downtown Fresno and downtown Bakersfield.
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Between Fresno and Bakersfield, the rail line is proposed to generally follow the BNSF Railway freight tracks that are now shared by Amtrak passenger trains.
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There are certain stretches, however, where the high-speed route diverges from the BNSF right of way, either to avoid running directly through communities or where following the freight line creates turns that are too tight to accommodate high-speed trains.
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In late 2011, the rail authority proposed a route that carried the tracks east of Hanford, drawing the ire of farmers and homeowners whose property would be displaced.
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In reaction to the uproar -- and at the insistence of the U.S. Army Corps of Engineers and the U.S. Environmental Protection Agency -- the authority began to reconsider other options, including bypassing Hanford to the west.
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Additional elements of the recommendation include bypasses for high-speed trains to avoid running through the communities of Corcoran, Allensworth, Wasco and Shafter.
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Mark McLoughlin, the authority's deputy director of environmental planning, said in a memo to the agency's board that the preferred option creates fewer environmental effects on natural resources, farmland, businesses and homes than other alternatives that have been studied.
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The cost of the Fresno-Bakersfield route being recommended by planners and engineers is estimated at about $6.8 billion.
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"The estimated cost of the preferred alternative is about $800 million less" than the original BNSF option "and is the lowest cost alternative" from among 72 possible combinations of alternatives, McLoughlin said.
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He added that the recommended option "minimizes constructability issues that can lead to delay and cost escalation."
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A staff report details that the recommended route would affect about 2,660 acres of important or prime farmland, compared to more than 3,100 acres with the original BNSF option with an east-of-Hanford bypass.
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About 342 businesses and 325 homes would be displaced by the preferred alternative, versus 395 businesses and 451 homes under the original proposal.
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•Ajimobi (middle); his deputy, Otunba Moses Adeyemo (right); Oke (left); a member of the registration team, Mrs. Bimbo Salako; andAkinwunmi (second right)...yesterday.
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Oyo State Governor Abiola Ajimobi has urged members of the All Progressives Congress (APC) to endure whatever discomfort they may encounter during the membership registration, which begins tomorrow.
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He spoke yesterday at the Mapo Hall in Ibadan while sensitising members for the registration.
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Ajimobi said inconveniences, such as long waits at registration centres, to be encountered during the five-day exercise, were necessary.
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The governor urged members to be involved in party activities and attend meetings regularly.
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He assured members of a level playing field, saying there was no old or new member in the APC.
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Ajimobi urged aggrieved members to be patient, saying their grievances would be addressed by the party’s leadership.
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Chairman of Oyo APC Registration Team Shola Akinwumi said the registration would be hitch-free.
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Oyo APC Chairman Chief Akin Oke urged members to participate in the exercise.
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The highlight of the occasion was an address by an American, Mr. Kevin Barry, who spoke Yoruba language fluently to the delight of the crowd.
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Barry told the crowd that his adopted Yoruba name was Kayode and hailed the governor for the changes in the state in the last two-and-a-half years.
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Most years, only a handful of new restaurants rise to a truly noteworthy level, but this was a great year for new culinary experiences.
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Some spots were long anticipated and worth the wait, such as a high-profile restaurant at The Pearl and an American-style steakhouse from the owners of the city’s finest Brazilian churrascaria. Others appeared out of a sense of serendipity and surprised with wonderful flavors, such as a kombucha bar that serves great dishes that happen to be vegan and a mezcal bar that offers interior Mexican street foods executed with chef-trained precision.
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Check out this list of the Top 10 new restaurants of 2015 above and let us know what you think.
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One note: we have not yet had a chance to review Viva Villa in Market Square, Rebelle at the St. Anthony Hotel and Supper in the Hotel Emma at the Pearl. Based on preliminary visits, those spots will merit some recognition.
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Douglas County Commissioner Lee Bonner said Friday he resigned from GE Energy two weeks ago to devote more time to his elected position.
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Bonner said he worked for General Electric for nine years, most recently in global communications and public affairs. He relocated to Carson Valley from Atlanta in 2005.
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“When you sit down and look at everything that is required of being a county commissioner, then with GE, it was a lot of stuff. I just wanted to be able to focus on what the people elected me to do,” he said.
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Adding to his personal commitments, Bonner said, is his upcoming wedding.
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“When you look at how much time you have and what’s important in life, your family is your most important thing,” he said.
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The new county commissioner admitted he won’t be getting wealthy from his annual salary of $26,672.78 a year.
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“My heart is to help people, that’s what I want to do and why I ran for office,” he said.
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Bonner said professional opportunities may be coming up in the next couple of months, but he declined to elaborate.
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