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WEDNESDAY June 13, 2018 BARTOW COUNTY’S ONLY DAILY NEWSPAPER 75 CENTS Cartersville adopts FY19 budget BY DONNA HARRIS that they’ve done, not only for the children “I feel blessed that I was able to be hired by [email protected] they’ve served but also for this community,” the Cartersville City Schools and to have a career superintendent said. here,” Smart, a school psychologist, said. “I A good portion of Monday night’s He was among the eight retirees who were never wanted to leave. I do want to retire, Cartersville City School Board meeting was de- able to attend the meeting and receive an en- though.” voted to the district’s 18 retirees, including Su- graved clock from board President Kelley Dial: Hinesley said Edwards, a PE teacher at the perintendent Dr. Howard Hinesley, who was Warren Gilmer, 15 years; Donna Gravley, 24 middle school, has his commercial driver’s li- presiding over his last meeting. years; Scott Smart, 24 years; Jo Holmes, 27 cense and filled in many times for bus drivers on Hinesley, who’s ending his 49-year career years; Garvin Edwards, 30 years; Jane Linahan, regular routes, field trips and overnight outings. next week, is the longest-serving educator in a 33 years; and Tommy Boston, 35½ years. “Never charged us,” he said. “I don’t know group that has a combined 526 years of service Also retiring were Terry Bangert, 19½ years; of a single person who’s ever done that. He in the education field. Beth Adams, 20 years; Jackie Smith, 20 years; never submitted a bill. He thought that was a “They’ve done an excellent job, and while we Tracey Morris, 26 years; John Gridley, 28 years; part of his service to the school system and to RANDY PARKER/THE DAILY TRIBUNE NEWS would like to be able to do more, we certainly Pam Ragan, 28 years; Cathy Smith, 30 years; the community.” Cartersville City School Board President Kelley Dial presents want to let them know how much we appreciate Margie Patton, 31 years; Robert Allen, 40 years; retiring superintendent Dr. Howard Hinesley with a retirement SEE , PAGE 4A their years of service and the wonderful things and Russ Schmidt, 48 years. CCBOE clock at his final Cartersville City School Board meeting Monday. 1 boil water LP gives update on bankruptcy filings advisory Rimrock lifted; 2 representative more in details recapitalization effect BY NEIL B. MCGAHEE strategies [email protected] A boil water advisory for Pleas- BY JAMES SWIFT ant Valley Road in the northern part [email protected] of the county has been lifted, but citizens in two other areas are still For Dan Berman, when eight different being advised to boil water before LakePoint Sporting Community affiliates drinking it. filed a petition for Chapter 11 bankruptcy “A water main broke on Pleasant Monday, it represented “a culmination of Valley Road, so we had to remove efforts” for both himself and numerous a portion of it and replace it,” said stakeholders within a California hedge Roger Ellis, Bartow County assis- fund. tant water director for engineering “What we’re doing in this restructure is and operations. “The lines in that we’re contributing assets back to LakePoint area are getting old. They aren’t once the court essentially puts the stamp of going to last forever.” approval on the new and reorganized en- Although the Pleasant Valley tity,” Berman said. “And that basically cre- line is back in operation, two other ates the certainty and the stability where we breaks in the area around Lakeview can make additional investments — large Drive and Belmont Way in Ac- investments or debt investments — into that worth and Equestrian Way in the entity on a forward basis.” Polo Fields subdivision have led Berman, senior managing director of At- the water department to place boil lanta-based GlassRatner Advisory & Capi- water advisories at least until some- tal Group LLC, was brought in by Rimrock time today. Capital Management LLC to help them “Once there is a break in any with financial workouts and restructuring pipe in the system,” Ellis said, “the JAMES SWIFT/DAILY TRIBUNE NEWS after LakePoint Land LLC transferred their state mandates a boil water advi- assets to them in 2016. With eight LakePoint Sporting Community affiliates filing for bankruptcy Monday, Rimrock Capital Management representative Dan Berman said plans for recapitalization are now in full swing. sory until the line can be replaced Rimrock’s involvement with LakePoint and tested for bacteria. It usually goes back to the $1 billion complex’s incep- vestors, they retain their equity positions in perience. That’s at the forefront of our goals the number of visitors that come to the re- takes 12-24 hours to get the test re- tion, with Berman stating the company has that reorganized entity.” as a staff.” gion,” he said. “That’s going to continue ... sults back.” made loans and “additional fundings” to Berman said he anticipates the Chapter Nor will any existing partnerships or visitors won’t see any difference at all.” Ellis said the chief suspect in the LakePoint for about five years. 11 process to be “relatively brief,” estimat- sponsorships be suspended. In total, Berman said Rimrock has as- Lakeview Drive break was age and “We plan to continue to operate during ing the proceedings to take between 120- “We’re as committed as ever to sponsors, to sumed about $22 million in LakePoint the condition of the pipe, while the this process, and as we emerge, essentially 150 days. creating value and expanding,” Zurcher said. debts. Equestrian break may have been we’re doing it because we want to be ab- LakePoint CFO Bob Zurcher said activ- Bartow County Administrator Peter “The goal here is to, basically, put Lake- due to unauthorized digging in the solutely certain that the entity is clean [and] ities will continue as planned at the com- Olson said he doubts the Chapter 11 filings Point on the strongest financial foundation area. free of all claims, which gives certainty to plex over the summer. will have any negative impacts on eco- we can,” he said, “which simply means no Ellis said they plan to have prob- us as we make additional investments into “Operationally, we’re going full-tilt,” he nomic developments within the LakePoint debt, just equity and a fully equitized bal- lem solved by this morning. the project,” Berman said. “What we’re said. “We’re as busy as ever ... our employ- corridor. ance sheet.” doing, essentially, is converting our debt ees are focused on customer service and “They’re estimated to generate a $95-$99 position to an equity position and the in- doing their jobs to deliver a good guest ex- million annual economic impact based on SEE LAKEPOINT, PAGE 6A TRAFFIC SHIFT ON HIGHWAY 41 RANDY PARKER/THE DAILY TRIBUNE NEWS Northbound traffic on Highway 41 was rerouted Tuesday onto a temporary bridge over Pettit Creek. Southbound traffic will be rerouted today over the former northbound bridge to accommodate demolition of the southbound bridge. The bridge work, according to the Georgia BARTOW COUNTY DISCUSSIONS Department of Transportation, is part of a 1.079-mile The Bartow County Water Dept. widening and reconstruction project on U.S. 41. The project placed “Boil Water Advisory” is expected to be completed by Feb. 5, 2020, at a cost of signs on three areas of the $31.5 million. county Monday. Emerson tutoring center has permanent home BY NEIL B. MCGAHEE Tabitha Molina and her husband, Steve, “There’s [the old Emerson Elementary certain conditions mainly restricting the words, reading quickly, writing words, [email protected] bought a house at 54 Gaston Westbrook School] right down the road that’s city- hours of operation. “I’m just happy that sounding out words in the head, pronounc- Ave. in Emerson two years ago, intending owned and full of empty classrooms,” one things ended so positively,” Molina said. I ing words when reading aloud and under- After a second reading Monday, the to establish a tutoring center for dyslexics. neighbor said, while others worried that the think that those who opposed it have seen standing what one reads. Emerson City Council voted unanimously But in order to do that, they needed to get center might close at a later date and new a lot of positive coming out of there.” “I am excited that we can move forward to remove the expiration of a conditional the zoning changed from residential (R) to owners might use the commercial zoning Dyslexia, a reading disorder, affects with my dream to help children with use permit for a tutoring center for dyslexic neighborhood retail commercial (C-1). to attract businesses that might not have the about 45 million Americans, according to dyslexia,” she said. “I am hoping to estab- persons, essentially ending a year-long trial However, the neighbors were totally op- welfare of the neighborhood in mind. the American Dyslexia Association. lish a nonprofit and potentially open an- period and creating a permanent location posed to the idea and voiced very loud op- In the end, the council allowed Molina It is characterized by difficulty reading other location so we can reach more kids for the Stellar Learning Center. position to Molina’s plans. to proceed with her plans, although with — despite normal intelligence — spelling and provide adult services as well.” INSIDE TODAY Partly Obituaries . .2A Business . .6A sunny VOLUME 72, NO. 33 Family Living . .3A Blotter . .7A High 86 U.S. & World . .4A Sports . .1B www.daily-tribune.com Entertainment .

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