The Press Newspaper
Chinese developers broke ground on the Marina District Saturday morning with investors Wu King Hung and Yuan Xiaohong of the firm Dashing Pacific Group in attendance.
East Toledo District 3 councilman Mike Craig expected the sale to the developers of 69 acres of Marina District property for $3.8 million to have closed late last week before the groundbreaking. The sales contract is to include options for the Chinese to purchase more property in the 127-acre Marina District.
The village had minor trouble with a bond for a $5.7 million electrical project but the overall health of Genoa finances is good, village officials say.
In 2004, Genoa leaders took out the multi-million dollar improvement bond with the American Municipal Power of Ohio, with a 50-year payback period.
Health department website posts beach advisories
Residents in several area towns are being offered incentives to purchase compact fluorescent lights through a program set up to help consumers save on their electric bills.
Coupons offering discounts on the CFLs are being mailed to residents in the villages of Elmore, Pemberville, Oak Harbor, Genoa, Woodville, Bradner, Haskins, and the City of Bowling Green.
Former City of Toledo Deputy Mayor Dean Monske says the new Chinese developers of the Marina District are sponsoring local Fourth of July fireworks displays.
Sounds logical — history tell us the Chinese invented fireworks. In addition, the Chinese firm Dashing Pacific Group already owns The Docks restaurant complex.
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