Henrico County VA

Henrico has AAA bond rating reaffirmed

County becomes first in the nation to earn such reaffirmation
Henrico County general obligation bonds, totaling $73.5 million, have been reaffirmed as AAA by Standard and Poor’s, Fitch and Moody’s, the nation’s leading debt-rating agencies.
 
Henrico becomes the first locality in the nation to have its debt reaffirmed as AAA — the highest rating available for a governmental entity — by the three agencies since the historic Standard and Poor’s downgrade of U. S. government debt on Aug. 5. 
 
The rating is particularly meaningful in light of the nation’s recent downgrade, Henrico County Manager Virgil R. Hazelett said.
 
“Due to the Board of Supervisors’ adherence to its long-established financial guidelines, Henrico’s fiscal health has remained strong, even in challenging economic times,” Hazelett said. 
 
Henrico’s Finance Director John A. Vithoulkas said the reaffirmation is a result of the county’s anticipated bond sale, which is expected within two weeks.
 
Henrico County initially received a bond rating of AAA from both Moody’s and Standard and Poor’s in 1977, becoming one of the first counties in the nation to receive the highest bond rating. In 1998, the newest agency — Fitch — also awarded the county the AAA bond rating. Henrico has maintained these ratings, allowing the county to obtain funds for infrastructure improvements under terms that have been extremely favorable for its residents.

Read more about Henrico's triple-AAA bond rating status in this Citizen article: http://www.henricocitizen.com/index.php/news/article/financial_status_has_paid_big_dividends_for_county_7623
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Community

RAMPS receives $8k grant


RAMPS (Ramp Access Made Possible by Students) recently received an $8,000 grant from the Christopher and Dana Reeve Foundation. The award was one of 75 grants totaling more than $600,137 awarded by the Reeve Foundation to nonprofit organizations nationwide that provide more opportunities, access, and daily quality of life for individuals living with paralysis, their families and caregivers.

RAMPS, an organization founded by then-Henrico County high school students to build ramps for local low-income residents who need them, will use the grant to purchase modular wheelchair ramp supplies. These supplies will be used by local high school RAMPS clubs, who provide volunteers to build the ramps. > Read more.

Henrico man to compete in Liberty Mutual Invitational National Finals

Henrico resident Larry Loving, Jr., will compete with three other locals – Thomas Scribner (Richmond), Roscoe McGhee (Midlothian) and Larry Loving (Richmond) in the Liberty Mutual Insurance Invitational National Finals at TPC Sawgrass, in Ponte Vedra Beach, Fla., Feb. 26-Mar. 1. The foursome qualified for the national golf tournament by winning the Liberty Mutual Insurance Invitational, held at Whiskey Creek Golf Club in Ijamsville, Md. on June 11. That event supported the RiteCare Center for Childhood Language Disorders.

In total, 240 amateur golfers will compete in Florida. > Read more.

Henrico PAL recognizes supporters, HSHS athlete


The Henrico Police Athletic League (PAL) held its Sixth Annual Awards Banquet Feb. 5 at The Cultural Arts Center of Glen Allen, celebrating accomplishments of 2014 and recognizing outstanding contributions to the organization. Henrico County Juvenile Domestic Court Judge Denis Soden served as master of ceremonies and former Harlem Globetrotter Melvin Adams served as keynote speaker. 

Among the 2014 honorees were Richmond International Raceway (Significant Supporter), Richmond Strikers Soccer Club (Significant Supporter), Henrico County Schools-Pupil Transportation (Summer Camp Supporter), Bruce Richardson, Jr. (Youth of the Year), Sandra Williams (Volunteer of the Year), Thomas Williams (Employee of the Year), Mikki Pleasants (Board Member of the Year), and Michelle Sheehan (Police Officer of the Year).   > Read more.

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Entertainment

CACGA to celebrate 16th anniversary March 14


The Cultural Arts Center at Glen Allen will celebrate its 16th anniversary Saturday, March 14 at 6 p.m. with “A Date with Frank & Marilyn,” an evening of fun and entertainment designed to raise funds for the center's three outreach programs – Art Matters, Artful Living and Creative Family Studio. A performance by a duo impersonating Frank Sinatra and Marilyn Monroe will highlight the evening.

The evening will include an artist live and silent auction with a variety of unique and hard-to-come-by prize packages including two tickets to the 2016 Masters golf tournament, a trip for two to Napa Valley, dinner for 10 by celebrity chef Patrick Evan-Hylton served at CACGA's gardens, followed by opening night tickets to The Capital Steps and 10 individual date-night packages around Metro Richmond. > Read more.

Restaurant watch

Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.

Weekend Top 10


It’s a great weekend to support local theatre! The Stable Theatre at Christ Presbyterian Church will present “Freud’s Last Session;” Jewish Family Theatre at the Weinstein JCC will present “Parade;” and the youth theater program CharacterWorks, Inc. will present “Fiddler on the Roof” at The Steward School. Another fun show will be at the Cultural Arts Center at Glen Allen tonight – “An Evening of 20s Tin Pan Alley Jazz” featuring the unique sounds of the Rumble Seat Revival. For all our top picks this weekend, click here! > Read more.

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