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Daily Clip 4/15/14
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TROUTMAN SANDERS

STRATEGIES

Below are newspaper articles from around the Commonwealth that you may find of interest.These materials are to inform you of developments that may affect your business and are not to be considered legal advice. If you have any questions please contact Mike Woods .

State offers up to $155M for Light Rail to Town Center

The state is willing to pay up to half the cost of extending The Tide to Town Center, but its $155 million check would come with strings attached, according to a draft offer provided to city officials last week…

Anti-tax group praises Va. House Speaker

An anti-tax group Americans for Tax Reform is applauding House Speaker William J. Howell for his opposition to Medicaid expansion. The praise comes a year after the group advocated for new leadership in the House…

Caperton-Massey trial set to start again in Virginia

. A jury trial is scheduled to begin on April 21, more than 15 years after Caperton first sued Massey in West Virginia, and nearly five years after a West Virginia branch of the case reached the U.S. Supreme Court…

Dominion Virginia Power to do new seismic risk assessment for North Anna Plant

Dominion Virginia Power will do a new seismic risk assessment for its North Anna nuclear power plant, but the utility doesn’t expect that the Louisa County plant will require any significant modification to ensure it is safe in case an earthquake hits...

Dulles Greenway toll rates rise again

Drivers on the Dulles Greenway can once again expect to pay higher tolls along the 14-mile, privately owned road. On Tuesday, the State Corporation Commission approved an annual toll rate increase on the road…

After $7.8 million dredging project, Oregon Inlet is clogged again

The channel under the Bonner Bridge was filled in by winter storms and is now too shallow to dredge, engineers say. Last year, $7.8 million was spent to clear the inlet to about 15 feet deep...

Babcock & Wilcox shakes up its mPower leadership

Babcock and Wilcox’s mPower business unit has a new president as it reorganizes the program aimed at developing a new model of a small nuclear reactor…

In chaotic session, activist removed; park lease approved

The Richmond City Council voted Monday to lease Monroe Park to a nonprofit group during a chaotic night at City Hall in which a well-known activist was forcibly removed by police and critics of the park plan seemed to briefly take over the meeting…

Williamsburg: Carter's Grove auction date set for May 21

The Charlottesville real estate firm McLean Faulconer, which has been trying to market the property for the trustee appointed by a federal bankruptcy court…

Sabato ends 35 years of politics class

“I’ve been doing the beginning class for 35 years and, to be honest, as you get older, you just don’t have the energy you used to have and this class takes a lot of energy,” A nationally known political pundit and prognosticator who often comments on politics for newspapers and television, Sabato is…

Chinese execs get $600M "reward" in Smithfield buyout

Two top executives of the Chinese company that last year bought Smithfield Foods Inc. were given stock worth nearly $600 million as a "reward" for orchestrating the takeover, according to a regulatory filing in Hong Kong...

Educators, legislators cool to N.C. pay report

Several educators and legislators on a General Assembly task force were cool Monday to their own panel's recommendations for overhauling public school teacher compensation, which included few specific actions and...

Google buys drone maker Titan Aerospace

Google confirmed Monday that it has bought drone-maker Titan Aerospace, in a bid to supplement its efforts to connect parts of the world that do not have Internet access…

Conservation group attempting more aggressive land advocacy

In an effort to encourage similar conservation throughout the region, The Blue Ridge Land Conservancy is gathering feedback to develop a plan on a county-by-county basis for every locality bordering Roanoke…

Duke Energy to take coal ash to NC landfill

A spokesman for Duke Energy said the utility plans to take the coal ash accumulated near the Schoolfield Dam to a dry landfill in Roxboro, N.C. About 2,500 tons of coal ash will be vacuum-dredged from the site of a Feb. 2 spill near Danville…

Altria sells idled NC cigarette plant for $68.5M

The owner of the nation's biggest tobacco company, Philip Morris USA, has sold a North Carolina cigarette plant it idled in 2009. Richmond, Va.-based Altria Group Inc. said Monday that the property in Cabarrus County was sold last week to Victory Industrial Park LLC…

Liberty University’s Provost stripped of some job duties

Liberty University has scaled back the responsibilities overseen by Provost Ron Godwin following a video in which he appeared to endorse a partnership between the university and Texas-based faith healer Benny Hinn…

Cameras to record images along James River’s 340 miles

In late June, a ring of six digital cameras will be mounted atop a pole on a raft that will float the entire 340 miles of the James, capturing a panoramic image every 30 feet or so…

Va. Bishops urge Health Care Coverage expansion

New advocates have emerged to urge an end to Virginia's budget and health care expansion, as the state's Roman Catholic bishops called for a state budget to include tapping federal funds to provide coverage for the poor…

Kaine kicks off tour of Virginia with stop in Charlottesville

Congress must adopt a more civil, collaborative approach to budgeting and policy to eliminate economic uncertainty for businesses, U.S. Sen. Timothy M. Kaine said Monday. He kicked off a two-week tour of Virginia…

U.S. Senate: Gillespie discloses client list

The business roster for his now mothballed Ed Gillespie Strategies firm featured some of the most powerful and influential global industries, sectors such as energy, telecommunications, technology, and health care…

Democrats compete for ‘most progressive’ in primary field of 10 for Congressional seat

Patrick A. Hope, a Virginia state delegate from Arlington County who is running for the House of Representatives, stood on a wind-blown corner outside the Internal Revenue Service building Monday and called on Congress to tax million-dollar incomes at 45 percent…

While schools push for more funding, audit shows flaws in oversight

As Richmond Public Schools officials and School Board members plead for more funding from City Hall this week, an internal audit of the district’s procurement practices reveals lax controls over how it spends the money it does receive…

Wise County tax rate rises: increase of 3 cents to offset income drop

County supervisors have agreed to raise real estate taxes, but they postponed a vote on increasing personal property taxes. Meeting Thursday night, supervisors also put off for one year a proposal to eliminate the county’s $5 vehicle decal and replace it with a $15 wheel tax…

Fracking discussion draws crowd

Officials with Shore Exploration and Production tried to allay fears about hydraulic fracturing, or fracking, a process that injects high volumes of water, chemicals and sand deep into the ground to fracture rock and release trapped gas…

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