Henrico completes $73.5M bond sale

Henrico County officials yesterday completed a sale of $73.5 million in general obligation bonds to Barclays Capital, the successful bidder from a group of eight.

The bid for the 20-year bonds was made at an interest rate of 2.84 percent, according to Henrico Management and Budget Division Director Gene Walter.

"That's amazing," Walter told the Citizen. "Given the craziness of the stock market yesterday [a drop of more than 400 points], it just goes to show how high quality Henrico County bonds are."

The highest interest rate offered by a bidder yesterday was 3.08 percent – just one one-hundredth of a point higher than the rate Henrico received when it last sold bonds last year.

"And we thought that was an incredible rate at the time," Walter said.

Because the county budgets for an interest rate on bond sales of 6 percent, yesterday's sale resulted in a cost avoidance of $24.7 million, Walter said.

The bond money will fund school renovation projects, the construction of a new Dumbarton Library and a new Varina Library as well as two recreation and parks projects.


Bail Bonds Chesterfield VA

Henrico Democrats nominate Lynch, Rodman

APR. 29, 6:15 P.M. – Henrico Democrats today selected their party's nominees for the Brookland District Supervisor seat and the 73rd District House of Delegates seat during a party caucus.

Courtney Lynch, the founder of a leadership development company, was somewhat of a surprise winner in the Brookland District supervisor's race. She defeated Virginians for High Speed Rail Executive Director Danny Plaugher, who had been the party's nominee two years ago in the general election for the seat.

Debra Rodman, a Randolph-Macon College professor, earned the party's nomination for the 73rd House District seat, defeating Chelsea Savage, a nurse, in a runoff. Attorney Sarah Smith was third and Bill Coleman, a project manager for a health organization, fourth.
> Read more.

Therapeutic healing


In a room labeled the garden room, a bright space with lavender-colored walls and pebble-gray chairs, art therapist Becky Jacobson might ask her patients to imagine a safe place, but she doesn’t ask them to describe it to her — she wants them to draw it.

The patients are free to draw whatever they envision, expressing themselves through their colored markers, a form of healing through art therapy.

“Some people might not feel safe anywhere because they have had hard things happening to them, and I have the background to help that person reground and feel safe in the group,” Jacobson said. > Read more.

Eight’s enough? Crowded race for 56th District develops


Following the retirement of Delegate Peter Farrell [R-56th District], a number of candidates have thrown their hats into the ring to vie for the open seat in the Virginia General Assembly district, which contains a portion of Henrico’s Far West End.

Democratic challengers include Lizzie Basch and Melissa Dart, while Republican contenders include George Goodwin, Matt Pinsker, Graven Craig, Surya Dhakar, Jay Prendergrast and John McGuire. In addition to a section of Henrico, the district also includes portions of Goochland and Spotsylvania County, as well as all of Louisa County. > Read more.

On the trail to Awareness


Twenty-five teams, composed of some 350 participants, gathered at Dorey Park in Varina April 8 for the Walk Like MADD 5k, to benefit Mothers Against Drunk Driving Virginia. The event raised more than $35,000, with more funds expected to come in through May 7. > Read more.

Leadership Metro Richmond honors St. Joseph’s Villa CEO


Leadership Metro Richmond honored St. Joseph's Villa CEO Kathleen Burke Barrett, a 2003 graduate of LMR, with its 2017 Ukrop Community Vision Award during its annual spring luncheon April 6.

The award honors a LMR member who demonstrates a purposeful vision, a sense of what needs to be done, clear articulation with concern and respect for others with demonstrated action and risk-taking. > Read more.

Henrico Business Bulletin Board

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As part of the 2016-17 Bryan Innovation Lab Visiting Innovators Program, The Steward School is hosting Leah Buechley, an inventor and educator in the Science, Technology, Engineering and Mathematics (STEM) movement. The program is “Beautiful Technology: Blending high tech with traditional craft to bring programming off of our screens and into our hands.” While on campus, Ms. Buechley will participate in activities that are free and open to the Richmond community, including an afternoon Maker Fair and an evening lecture and discussion. Participants will learn about cutting-edge tools and future trends of interactive wearable technology. Buechley will share her insights as a female entrepreneur developing products that are accessible to anyone interested in designing and building their own inventions. The Maker Fair, a family-friendly event with hands-on activities and guest exhibitors, will start at 3:15 p.m. The lecture and discussion will start at 5:30 p.m. Registration is recommended for all events at https://stewardschool.org/beautiful-technology. Full text

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