September 27, 2007

Reassessment

Another property reassessment this year? Yes, it is possible. The Department of Local Government Finance (DLGF) has announced it will hold public hearings in seven counties to determine if reassessments will be ordered including Ohio County.

The counties to receive public hearings are Adams (industrial), Blackford (industrial), Ohio (commercial and industrial), Parke (commercial and industrial), Ripley (industrial), Scott (commercial and industrial), and Switzerland (commercial and industrial.) Each of these counties have high percentages of unchanged commercial and/or industrial values, as well as other factors that prompted the need for further review.

A public meeting will be held on October 10 at 3:30 p.m. in the Circuit Courtroom at the Ohio County Courthouse to determine whether or not Ohio County will have to be reassessed. If this happens; it will cost the county thousands of dollars.

“Local feedback is crucial in making the decision to order a reassessment,” DLGF Commissioner Cheryl Musgrave said. “I encourage the public to take an active role in this process and attend their local public hearings.”

Ohio County does not need a reassessment. The reason that commercial and industrial values were not changed in the last assessment because there has been so little change in that sector and new market date is unavailable for comparable values which are used in the assessment trending process.

A new reassessment would simply cost the County additional money without any substantial benefits. The Chamber urges business owners to attend this hearing and voice their opposition to the proposed reassessment.

RISING SUN CHAMBER IS HOSTING MEET THE CANDIDATES FORUM

Rising Sun, Indiana, September 27, 2007 — The Rising Sun - Ohio County Chamber of Commerce is extending an invitation to all City of Rising Sun candidates seeking an elected position in the 2007 general election to participate in a Meet the Candidates Forum. The forum will allow candidates to introduce themselves and address Chamber members concerning their positions on community issues in an informal panel discussion. Those attending will have the opportunity to write down questions to be addressed by the candidates in a question and answer session.

The forum will take place Monday, October 15, 2007 at 7:00PM in the City Council Chambers at Rising Sun City Hall. The forum will begin at 7:00PM and will conclude no later than 9:00PM.

The Rising Sun Ohio County Chamber of Commerce currently has over 48 members and is growing every day. We hope this evening will be an opportunity for candidates to meet our members and discuss community issues that are important to us all.

Meet the Candidates Forum

Program Outline

1. Candidates Sign In 7:00 pm - 7:10 pm

2. Welcome – Stephanie Scott 7:15 pm

3. Candidate introductions and opening statements - 7:20 pm

City Council candidates (3 minute limit)
Clerk Treasurer candidates (4 minute limit)
Mayor candidates (5 minute limit)

4. Brief Intermission (10 minutes)

5. Question and Answer Period.

6. Adjournment - 9:00 pm

Forum Objectives
Be done by 9:00 pm

Please remember that the purpose of the forum is to meet candidates; not ridicule candidates or debate with the audience.

During intermission; the audience will be allowed to submit questions for the candidates in writing. The questions may be directed to particular office but not to an individual candidate. Please keep these questions short.

The question will be then read aloud by the moderator and all candidates seeking the office will have opportunity to answer. The candidate’s response should be kept under 2 minutes. There will be a brief opportunity for follow-up questions.

Remember that those seeking office for first time may not know the answer.

Thank you

Rising Sun - Ohio County Chamber of Commerce


The Rising Sun - Ohio County Chamber of Commerce represents Ohio County's diverse and dynamic business community. The Chamber is a member-supported business organization working to maintain a healthy economy by bringing business and industry to the area, helping established firms grow and building the community through outreach and service. For additional information, Contact: Stephanie Scott, Governmental Affairs Co-Chair, Rising Sun - Ohio County Chamber of Commerce at 812 438-9401 or info@risingsunchamber.com . #####

September 14, 2007

Integra to buy Peoples Bancorp

Integra Bank Corp.'s announcement Thursday that it will acquire Peoples Community Bancorp Inc. in a cash-and-stock deal valued at $85.6 million reinforced Greater Cincinnati's reputation as one of the nation's most competitive banking markets.

Evansville-based Integra will secure a strong foothold in the region with the purchase of West Chester-based Peoples' 19 banking centers in Butler, Hamilton and Warren counties, as well as in southeastern Indiana. The merger marks Integra's first entry into southwest Ohio.

Integra has several locations in Northern Kentucky, including Florence, Covington, Dry Ridge and Union.

But Integra said its expansion plans in the region won't end with the merger.

"We'll continue to look for opportunities to grow here through acquisitions, branch expansion and hiring more people," said Mike Vea, Integra's chairman, president and chief executive officer.

Vea said the deal will give Integra deposits of about $870 million, assets of about $1.5 billion, 31 branches and 35 ATMs and place it in head-to-head competition in Greater Cincinnati with banking giants Fifth Third and U.S. Bank, among others.

Its $870 million in deposits would make it slightly larger in deposits than Crestview Hills-based Bank of Kentucky Inc., which had deposits of nearly $808.6 million as of June 30, 2006, and is the 10th largest bank in the metropolitan area, according to the Federal Deposit Insurance Corp.

Overall, the combined company will have assets of $4.2 billion and deposits of $3.2 billion.

The merger, expected to be completed in the first quarter of 2008, still needs shareholder and regulatory approval.

Vea said the banks do not overlap markets, so any job losses should be minimal.

However, he said there are some jobs that are redundant, which could create some job displacement.

Tom Noe, treasurer and executive vice president at Peoples, said the bank employs about 200 people locally.

He said over the next month or so, Integra will be interviewing Peoples employees with the intent to find jobs for as many of them as possible.

"We expect that Integra will retain the vast majority of our employees, and (Integra) has stated that they have no plan to close any of our offices," Noe said.

Noe also said the deal was in the best interest of shareholders, customers and employees.

He said Integra agreed to pay about a 10 percent premium over Peoples' recent stock price.

Peoples' stock closed Thursday at $16.88, up 78 cents, or 4.84 percent.

Integra's stock closed at $18.10, down 35 cents, or 1.90 percent.

September 7, 2007

Events at Historical Museum

An Afternoon With Gracie Dinner Program
September 14, 2007

Take a peek into Gracie Allen’s living room as she and Blanche Morton, her neighbor of 12 years, converse on multiple topics. Style and content are reminiscent of the George Burns and Gracie Allen television show from the 1950s.

Charlotte Battin and B Watt Jorch portraying Blanche and Gracie, will tickle your funnybone and provide you with 40 minutes of nostalgia highlighting Gracie’s unique style of humor. Share a wonderful memory of days gone by with your group, club, organization, or with your family.

Charlotte started Charlotte Battin Productions in June of 2000. “I have performed all my life, but after starting a family, it was usually ‘on the side’ as I raised my children and worked at other jobs” stated Charlotte Battin. There are several programs in her repertoire including the I Love America program which she will be performing at the museum on November 9.

Charlotte and B Watt performed An Afternoon With Gracie at the Historical Society a couple of years ago. They had everyone laughing out loud and having a good time with the good-clean humor.

The cost of the dinner/program is $12.00 for members and $15.00 for nonmembers. Program only (starts at 7:15) $3.00 for members and $4.00 for nonmembers. Payment must be received by September 13.

Antique Appraisal
September 26, 2007, 7:00-9:00 p.m.

He’s back! After three years Robert Hill, certified appraiser, will be at the Ohio County Historical Museum on September 26, 2007, 7:00-9:00 p.m. to appraise your antiques. So now is the time to gather those treasures from your attic or basement. Mr. Hill will appraise your antique giving you a value and some historical information. Each antique will cost $5.00 and three antiques will cost $10.00.

The fund raising event for the Historical Society is for entertainment purposes. Please no jewelry. Refreshments will be served. If you are interested in a detailed evaluation of your antiques ask Mr. Hill for details.


The Ohio County Historical Museum (212 S. Walnut Street, Rising Sun, Indiana, 47040) is listed on the National Register of Historic Places and is located along the Ohio River Scenic By-way. Museum hours are 11-4 Monday-Saturday, 1:30-4:30 Sunday, and closed Wednesdays. Admission to the museum only is $2.50 for adults, $2.00 for senior citizens, $1.00 for high school students, and free for members and children 12 and under. For more information about the event or museum please call Bill Dichtl at (812) 438-4915.