Frito-Lay gets state money for expansion, Green Tier status
Wisconsin Gov. Jim Doyle on Wednesday announced that the state will provide $2 million to Frito-Lay’s Beloit production facility to support a $28.5 million expansion and modernization project.
Doyle also announced that Frito-Lay has been inducted into the state’s Green Tier Program, which was created in 2004 to encourage a collaborative approach to environmental performance between the state Department of Natural Resources and Wisconsin businesses and associations.
In the past five years, Frito-Lay decreased its natural gas emissions by 27 percent, electricity use by 20 percent and water consumption by 50 percent.
The $2 million award is from the Community Development Block Grant program, which provides communities with resources for development needs.
Federal stimulus money going toward greener transportation
Wisconsin Gov. Jim Doyle on Wednesday announced that $15 million in federal stimulus money will enable local governments and private businesses across the state to invest in alternative-fuel technology.
The money also will help finance advanced infrastructure to support vehicles fueled by biodiesel, compressed natural gas and solar power.
The $15 million Clean Cities grant, awarded through the U.S. Department of Energy, is the largest such grant awarded to any state. It will help more than 119 Wisconsin communities and businesses invest in new technology.
Doyle also announced the state will receive an additional $1 million to pay for installation of 27 E85 and biodiesel pumps.
Group recommends changes to prevent foreclosures
Madison (AP) — Requiring all real estate appraisers to be licensed in Wisconsin is one of the recommendations of a task force that studied how to reduce home foreclosures.
Wisconsin is one of four states that don’t require appraisers to be licensed. The report says the lack of regulation led to housing scams during the height of the subprime lending boom.
The group’s recommendations released on Wednesday also include requiring that schools teach students about the different types of mortgages and the associated risks.
The task force included state lawmakers and others. It also recommends more notice when a home goes into foreclosure so government can address problems associated with abandoned homes.
All the recommendations require legislative approval.
Madoff’s properties in NYC, Florida to go on the block
New York (AP) — The U.S. Marshals Service plans to put more of disgraced financier Bernard Madoff’s properties up for sale this week.
Going on the block will be Madoff’s 4,000-square-foot duplex in a 12-story doorman building on New York’s Upper East Side, his 8,700-square-foot, Mexican-tiled estate in Palm Beach, Fla., a yacht and two smaller boats docked in Fort Lauderdale.
Prices for the New York duplex and the Florida home won’t be set until brokers are selected this week. His seaside beach house on southeastern Long Island was listed last week for $8.75 million.
Under a court order stripping Madoff and his wife of most of their wealth, the marshals also want to bring in more money by auctioning off the boats and furnishings still in the homes, including a baby grand piano and several works of art.
Madoff, 71, was sentenced in June to 150 years in prison for masterminding a multibillion-dollar Ponzi scheme that spanned decades and burned thousands of investors.
Los Angeles County opposes waivers for NFL stadium
Los Angeles (AP) — Lobbyists for Los Angeles County are working against state legislation that would ease environmental and planning regulations to make way for a proposed 75,000-seat professional football stadium in the city of Industry.
Supervisor Gloria Molina said developers might seek a change in state law to exempt the planning, construction and operation of the proposed stadium and entertainment complex from the California Environment Quality Act.
The board voted 3-1 to order its lobbyists in Sacramento to oppose any environmental waivers for the $800 million project. Supervisor Mark Ridley-Thomas opposed the motion and Supervisor Michael Antonovich was absent.
Billionaire Ed Roski’s Majestic Realty Co. wants to develop the 592-acre project.
No team has agreed to play at the proposed stadium yet.