March 16, 2009 a Weekly Space Coast Business Magazine Scott Center for Autism Benefit at the Oceanfront Pumpkin Center April 3
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Brevard Business BBN News Vol. 27 No. 11 March 16, 2009 A Weekly Space Coast Business Magazine Scott Center for Autism benefit at the oceanfront Pumpkin Center April 3 director of the Scott Center for Autism By Ken Datzman Treatment. “An Evening of Hope” is scheduled from This year, the Florida Institute of 7 to 10 p.m. on Friday, April 3, at the Technology will unveil its new Scott Center Pumpkin Center. Tickets to the benefit are for Autism Treatment on the Melbourne in the form of sponsorships, ranging from campus. The $5 million facility, now under $300 to $10,000. “We are seeing individu- construction with its cinder–block walls als and businesses in the region support going up, will be one of the few cutting– this event at all levels,” said J. Carey edge facilities of its kind in the Southeast- Gleason, Florida Tech’s associate vice ern United States. president for advancement and project Scheduled to open this fall, the center is director for “An Evening of Hope.” currently offering limited services for For example, Sutton Properties of Palm autism patients and their families through Bay, run by businessmen Fred Sutton and the Florida Tech School of Psychology and his son Cory Sutton, is a $10,000 “Hope” Liberal Arts. sponsor. The locally based CPA firm To help raise awareness of the new Berman Hopkins, Wright & LaHam is a 18,000–square–foot Scott Center and the $5,000 “Joy” sponsor, as is the Neuharth resources that will be available, Florida family. Tech is putting on a benefit to be hosted by A host of area businesses and private Al Neuharth and Rachel Fornes at their donors are getting behind the event, oceanfront home in Cocoa Beach, known in Gleason said. For details on sponsorship BBN photo — Adrienne B. Roth the community as the Pumpkin Center. information, call project coordinator “This is our first big event to build more Cynthia Smith at 674–6076 or send an Florida Tech will host its first benefit for the Scott Center for Autism Treatment on April 3 at the Cocoa Beach home of Al Neuharth and Dr. Rachel Fornes. Working behind the scenes to make ‘An Evening awareness of what’s available at the Scott e–mail message to [email protected]. of Hope’ a success are, from left, standing: Dr. Mary Beth Kenkel, Colleen Middlebrooks, Shawna Center for patients and their families. We The Pumpkin Center is on South Kelsch, Cynthia Smith, Kathryn Varnes, Gale Kempf and Kim Mikolajczyk. Seated: Dr. Fran want it to be a big success,” said Florida Warkomski, Polly Molnar, Dr. Fornes and J. Carey Gleason. They are at the Eau Gallie Yacht Club. Tech’s Dr. Fran Warkomski, executive Please see Scott Center, page 19 What does bank nationalization really mean to consumer, investor? A: There is no single definition. In its effective control of a company without Troubled Asset Relief Plan. This is By Kathleen Pender purest sense, the government would take buying any stock, as it has done with generally not considered nationalization Scripps Howard Service complete ownership of a bank, including all Fannie Mae and Freddie Mac, says because the preferred stock doesn’t have of its assets and liabilities, and run it day– banking analyst Bert Ely. voting rights. Nationalization. Nobody is sure exactly to–day, the way it operates the U.S. Postal The U.S. government has bought However, the Treasury has unveiled a what the word means, but its mere Service. If the company operated at a loss, preferred stock in the eight largest banks mention sends shivers up the spine. taxpayers would foot the difference. If the and hundreds of smaller ones under the Please see Bank, page 16 “Nationalization is a loaded term for a company was liquidated and its assets lot of people. It’s seen as the kind of thing exceeded its debts, taxpayers would be off that European or more socialist govern- the hook. ments do,” says Douglas Elliott, a fellow at A government could partially national- PRESORTED STANDARD the Brookings Institution. ize a bank without taking complete control. US POSTAGE But what, exactly, does nationalization Many people would consider a bank PAID mean and what are its pros and cons? Here nationalized if the government owned at BREVARD BUSINESS are some answers. least 51 percent of its common stock. NEWS, INC. Q: What is nationalization? The government could also take BBN DIGEST Bayview Construction president a panelist at Vegas trade show STUART — Ken Ringe, president of Bayview Construc- Bottled water quality at your tap! tion, landed a coveted role as a seminar panelist during the International Builders’ Show in Las Vegas, the world’s largest light–construction trade show. Ringe served as an expert panelist for the “Business Opportunities and New Markets” seminar, educating construction–industry Culligan colleagues about the importance of understanding the No more intricacies of bonding, accounting and lien issues. “I’m honored to have been selected to participate on this lugging or panel to help others become more informed and success- pick up BBN spilling ful,” said Ringe. “The construction industry is always water evolving, and it’s more important than ever to stay on top one with guy bottles of the numerous details of our business. Those who don’t adapt and stay up–to–date will not last very long in this carrying cooler very competitive industry.” During the seminar, the 35–year–plus construction Always have clean, veteran placed a notable emphasis on teaching attendees FREE installation how to “effectively transition from the residential to chilled water with a commercial sector of the construction industry.” Ringe and only point-of-use cooler and stated that proper accounting methods, strict adherence to $29.50 per month reverse osmosis government processes and regulations, and the establish- drinking water system. ment and implementation of standard office operating with a 12 month contract procedures “are critical to securing appropriate bonding for commercial projects.” The International Builders’ Show attracts more than 80,000 attendees. The event showcases 1.5 million square feet of exhibit space. Ringe is a member and immediate past chairman of the Florida Home Builders Association’s Commercial Builders 771 North Drive Council, a member of the FHBA’s Board of Directors, and served as a FHBA area vice president. He is also a Melbourne, FL 32934 National Association of Home Builders Council trustee, and former NAHB director. Ringe is a past president of the CulliganCentralFlorida.com Treasure Coast Builders Association and was voted as TCBA Builder of the Year in 2006. 321-255-5562 For more information, call (772) 283–9300 or visit www.BayviewConstruction.com. Filters changed annually, auto debit required. Limited time offer. See dealer for details. Riverside Bank’s Dee Cook honored Dee Cook was honored by Riverside Bank as a “Home- Guiding you through the world town Hero.” The award was presented to Cook by the of employee benefits: Crissy Riverside Bank team at the Indialantic office on 5th Health, Dental, Disability, & Life Insurance Avenue. “Dee is truly a ‘Hometown Hero’ because she • Health Savings Accounts (HSAs) continues to volunteer her time and knowledge to help • Section 125 Plans • Voluntary Benefits pick up BBN elderly individuals with their health–insurance needs,” • RFP Development & Scoring Bombacher 3-09-09 said Janice Bowman, office manager. “Each time she enters our bank she brings a warm greeting and a smile pick up BBN page 05 for everyone. It is a true joy to know and work with Dee.” Cook regularly volunteers her time with Serving Health 2-23-09 Insurance Needs of Elders, an organization that provides educational materials and “free, unbiased insurance page 12 “MORTGAGE MONEY” counseling to Florida elders, caregivers and family members.” Their goal is to help elders understand and B National receive the health–insurance coverage they need through Medicare, Medicaid, prescription assistance, long–term pick up BBN care planning and insurance, and other health–care issues. The “Hometown Hero” program recognizes people with a 1980 North Atlantic Ave. 321.799.9401 3-09-09 “positive community spirit, involvement in charitable and Suite 1007 [email protected] page777-3232 14 civic activities, and enthusiasm in promoting and support- Cocoa Beach, FL 32931 www.brombacher-insurance.com “Brevard’s most referred lender since 1981” ing their hometown.” BREVARD BUSINESS NEWS / 2 Call Adrienne Roth at 321-951-7777 for Advertising Information MARCH 16, 2009 BBN DIGEST BRPH adds four professionals to its growing architectural staff BRPH has announced the addition of four new architec- tural professionals to its offices in Melbourne and Orlando. Kyle Smith has joined BRPH’s Melbourne office as an architectural designer. He has more than eight years’ experience with educational, institutional, resort, hospital- ity, and mixed–use projects. Smith is a graduate of Drury University in Springfield, Mo., where he received his bachelor of architecture degree. 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