February sees extremely high building numbers

first_imgWhile not quite as dramatic, there is also an eye-popping difference in the year-over-year city revenue numbers.So far this year, the building permits have generated $506,620 for city hall.That is nearly 16 times more than the $31,792 generated in the first two months of 2010.It is also more than double the full 12-month total last year, which was $231,437.Advertisement Last month’s issuance of the final building permit for the new hospital has dramatically skewed comparisons of building numbers in Fort St. John.February’s total value of construction is $271,146,000.- Advertisement -That’s nearly 33 times the total for the same month last year, which was just over $8 million.However, all but $546,000 of last month’s total was for the new hospital permit, which was worth $270,600,000.That’s nearly 12 times more than the last big local commercial permit issued for the Enerplex, for just over $23 million dollars, in March of 2008.In addition, the 2011 two-month total value of construction in the city is nearly six times last year’s 12-month total, which was $46,455,000.Advertisementlast_img read more

Marijuana banking backlash snares Vancouver couple

first_imgTy and Tracy Camp have been together for 11 years, and married for seven, but they rarely mix their finances.Until May, she worked as an assistant vice president and financial center manager at Bank of America in Vancouver, and also owns and manages several residential properties around Clark County. He owns a construction company and Sunshine Farms, a marijuana grower and processor in Sifton. They share only one bank account, which they use to cover mutual costs — a rental property they co-owned, and some standard household expenses.Which is why Tracy Camp was floored to return home from a vacation with her husband to find that she’d been fired from her position with the bank, and told by an internal company investigator she’d been flagged on suspicion of money laundering.Her husband, who works in the marijuana industry, had moved funds from his construction business’ account into their joint account, and she’d moved some of the money from the joint account into her personal account.“We’ve been running our businesses and our books and our lives like that for the last 10 years,” she told a corporate HR representative in an interview recorded by the company.The official reason for her termination was a code of conduct violation. She described being told that as a bank employee, she should have known that mixing funds with a person growing marijuana — her husband, no less — put the bank at risk of noncompliance with federal law.last_img read more