The Press Newspaper
Toledo is in the national news again, and this time it’s because of a pending $200 to $300 investment by Chinese developers into a 69 acre parcel of land on the east side.
When Toledo city council voted unanimously to approve selling the Marina District to Chinese developers last week, Scott Prephan of Perrysburg-based Prephan enterprises could not have been prouder.
The EF-4 tornado that swept through Wood and Ottawa counties on June 6, 2010 destroyed 100 homes, killed seven people, destroyed Lake High School, and forced families to rebuild homes.
Since that night one year ago, businesses along its route have also had to rebuild.
At least four businesses along State Route 795 suffered damage, and a Mexican restaurant sits near the rebuilt Lake Township Administration Building still looking much like it did after the tornado hit.
Meeting in a special session Tuesday, the Lake school board has approved a revised five-year forecast that includes more than $1 million in spending cuts for the fiscal year starting July 1.
A major portion of the spending cuts will be realized through attrition of personnel and a new contract with the Wood County Educational Service Center, which provides the district with services for its special education program.
Jeff Carpenter, district treasurer, said three teachers who are retiring won’t be replaced for the 2011-12 school year.
Whether the economy has pushed women and men into entrepreneurship or more people have decided to strike out on their own, one local organization has helped many local small businesses prosper.
The Women’s Entrepreneurial Network has survived and thrived since its inception in the early 1990’s.
According to WEN President Linda Everhardt-Kardux, the organization started in the Small Business Center within the Toledo Chamber of Commerce in 1993.
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