| 9/5/2008
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Find out what's happening in the city. Below is a list of current news releases.
Woods, a Georgia native, first came onto the literary scene in 1981 with his novel Chiefs. Though only 20,000 copies were printed in hardback, the book achieved a large paperback sale and was made into a 6 hour television drama for CBS starting Charlton Heston. The book also won the Edgar Allan Poe prize from the Mystery Writers of America, establishing him as a promising novelist. He has since been prolific, writing thirty-eight novels. His newest novel, Hot Mahogany, will make its debut at the Peachtree City Literary Festival on Sunday, September 21, at 2 p.m. The Q&A session will begin at City Hall with a reception and book signing immediately following next door at the library. The official sale date isn’t until the 23rd, but festival attendees will be able to purchase the book on site from Books-A-Million, through a special arrangement made with the publisher. “We are honored that Stuart Woods chose Peachtree City as the first stop on his national tour,” says Peachtree City Library Administrator Jill Prouty. “We expect his appearance to be a major draw to the area that weekend.” Select the Calendar to the right for more Literary Festival Events.
Peachtree City Finance Director Paul Salvatore announced at the August 21 City Council meeting that Peachtree City and Peachtree City Water and Sewerage Authority's bond ratings have been upgraded by Standard and Poor's to AAA, the highest possible rating. Salvatore reported that Peachtree City is now one of three cities in Georgia to achieve this rating (the others being Roswell and Alpharetta). The rating, according to Salvatore, will benefit the City in obtaining the best possible interest rates. A press release outlining the details of the bond rating upgrades is listed below. NEW YORK (Standard & Poor's) Aug. 20, 2008-- Standard & Poor's Rating Services raised its rating on Peachtree City, Ga.'s general obligation (GO) debt to 'AAA' from 'AA+'. Standard & Poor's also raised its rating on Peachtree City Water and Sewer Authority's outstanding sewer system revenue bonds to 'AAA' from 'AA+'. The upgrade on the debt is based on continued strong financial performance, resulting in consistently strong reserve levels and strong, conservative financial management practices. Additional credit strengths include the city's built-out healthy economy, with a good blend of commercial and residential development that also benefits from easy access to the Atlanta core-based statistical area. Peachtree City also has very strong wealth and income levels, with extremely strong market value per capita, as well as a large and very diverse property tax base that continues to exhibit steady growth. Consistently positive operating results, partly due to established fiscal policies and conservative management practices and moderate debt levels, with limited additional capital needs are added credit strengths. "The stable outlook reflects our expectation that the city will maintain its strong financial position and financial flexibility from high reserves, forward-looking and conservative budgeting, and special purpose local option sales taxes to provide additional revenues," said Standard & Poor's credit analyst Marilyn Cruz. "In addition, the outlook reflects our expectation that the authority will continue to pay its debt service and remain self-supporting," added Ms. Cruz. The city's GO pledge secures the bonds and parity revenue bonds through a sewer system agreement to levy ad valorem taxes annually to cover any deficiencies in principal and interest payments for contract-supported bonds to the extent that net operating revenues of the sewer system are insufficient for such purposes. Peachtree City (population: 36,253) is an affluent, mature community located 15 miles south of Atlanta's city limits in Fayette County (GO debt rating; AA/Stable). We consider Peachtree City's management practices "strong" under our Financial Management Assessment, which indicates that practices are strong, well embedded, and likely sustainable. View the Release (S&P registration required)
Peachtree City is currently accepting applications for volunteers to serve on the Tourism Association (deadline is 5 PM, August 15), the Planning Commission (deadline is 5 PM, August 29), the Water and Sewerage Authority (deadline is 5 PM, September 12), and the Development Authority (deadline is 5 PM, September 19). For an application, visit www.peachtree-city.org under Jobs or call 770-487-7657 to ask for more info. Applications are also available at City Hall.
Peachtree City is holding the 2nd annual “America Supports You” Freedom Walk along with Patriot Day on Sept. 6, 2008. People can demonstrate their support for the men and women fighting for our freedom by participating in the one-mile walk, which will begin at 8:45 a.m. at the intersection of TDK and Dividend in Peachtree City. The public is encouraged to participate. The walk will end at Falcon field, where the Patriot Day celebration takes place. The end of the walk actually kicks off the Patriot Day event, which features live patriotic music, vintage military aircraft, vehicles and equipment, a special guest speaker and more. Those interested in walking can register their name and how many will be attending by email at: Ptcfreedomwalk@yahoo.com . By Presidential proclamation, Patriot Day is a day to reflect on the events of September 11, 2001, when more than 3,000 people were killed by terrorists in New York, Washington and Pennsylvania. The “Freedom Walk” is an event, first started in 2005 by Pentagon employees to commemorate the people who were killed there, as a reminder of the continuing Global War on Terror and to renew commitment to freedom and the values of our country. Last year 255 communities participated across the nation, and every state was represented along with 8 nations overseas. What began as a small gesture became a new national tradition. “We would love for everyone to be a part of it!” said Freedom Walk coordinator Caitlin Dillon, a Sandy Creek High School senior. She organized the first Freedom Walk in Peachtree City last year after having participated in one the year before in another city.
The Mayor and Council and Development Authorities of Peachtree City and Fayette County have been working to bring Atlanta Christian College (ACC) to Peachtree City. ACC, located in East Point since its founding in 1937, is looking to relocate and expand its campus and increase enrollment from the current 400 students to 1,200. Ten proposals were submitted by area cities, and the ACC Board of Trustees announced in May that Peachtree City and Newnan are currently the top two venues under consideration. Mayor Logsdon has formed a task force to assist in bringing the college to PTC. [ACC Task Force info...]
At midnight on February 17, 2009, all full-power television stations in the United States will stop broadcasting in analog and switch to 100% digital broadcasting. Digital broadcasting promises to provide a clearer picture and more programming options and will free up airwaves for use by emergency responders. Consumers have a variety of options. Options to explore include: - Keep your existing analog TV and purchase a TV converter box. A converter box plugs into your TV and will keep it working after Feb. 17, 2009, or - Connect to cable, satellite or other pay service, or - Purchase a television with a digital tuner. For more information about the digital transition, visit www.dtv2009.gov or call 1-888-388-2009 (1-888-DTV-2009). [Additional info...]
Woods, a Georgia native, first came onto the literary scene in 1981 with his novel Chiefs. Though only 20,000 copies were printed in hardback, the book achieved a large paperback sale and was made into a 6 hour television drama for CBS starting Charlton Heston. The book also won the Edgar Allan Poe prize from the Mystery Writers of America, establishing him as a promising novelist. He has since been prolific, writing thirty-eight novels. His newest novel, Hot Mahogany, will make its debut at the Peachtree City Literary Festival on Sunday, September 21, at 2 p.m. The Q&A session will begin at City Hall with a reception and book signing immediately following next door at the library. The official sale date isn’t until the 23rd, but festival attendees will be able to purchase the book on site from Books-A-Million, through a special arrangement made with the publisher. “We are honored that Stuart Woods chose Peachtree City as the first stop on his national tour,” says Peachtree City Library Administrator Jill Prouty. “We expect his appearance to be a major draw to the area that weekend.”
At midnight on February 17, 2009, all full-power television stations in the United States will stop broadcasting in analog and switch to 100% digital broadcasting. Digital broadcasting promises to provide a clearer picture and more programming options and will free up airwaves for use by emergency responders. Consumers have a variety of options. Options to explore include: - Keep your existing analog TV and purchase a TV converter box. A converter box plugs into your TV and will keep it working after Feb. 17, 2009, or - Connect to cable, satellite or other pay service, or - Purchase a television with a digital tuner. For more information about the digital transition, visit www.dtv2009.gov or call 1-888-388-2009 (1-888-DTV-2009). [Additional info...]
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