North Liberty Seeks Public Input on West Side Park Project

NORTH LIBERTY, Iowa Officials with the city of North Liberty are hoping to get public input on plans for the city's newest park.

Though the North Liberty City Council will vote to approve a construction company for the first phase of the West Side Park project at tonight's meeting, which includes building a 700 foot driveway into the park, seeding, grading and storm structures that will channel runoff into large pond the parks director is hopeful phases II and III of the project will be approved soon.

City officials are hoping phase I of the West Side Park Project, a 40-acre plot of land along St. Andrews Drive, will be ready in time to host the town's annual Blues and BBQ festival this May.

"Our hope is to get this set up so we can host...functions that require set up, so we don't have to go in there and start over every year setting things up," said North Liberty Parks Director Guy Goldsmith. "Instead of having a portable stage come in, we'll have a permanent one."

North Liberty has previously hosted the Blues and BBQ festival at Penn Meadows Park at 350 E. Penn St., and, if the construction is not complete due to delays in weather, Goldsmith said they will host the festival at the old location.

"We have a plan B if this doesn't go," Goldsmith said, adding that if they need to keep the festival at Penn Meadows, they will need to find a new fireworks location. "We're giving this a month to see what will happen out there."

Goldsmith said construction on Phase I of the project is expected to be complete May 22. Blues and BBQ begins on May 25.

Though there were six bidders on phase I of the project, City staff has recommended Dave Schmitt Construction Company to be approved by the city council. The city's engineering estimates indicated this phase would cost $335,000. Schmitt's estimate came in just over $266,000.

Goldsmith said he will be happy if the city approves Schmitt as a contractor, because he was satisfied with other work he's done in North Liberty, including a rain garden and concrete parking lot put in at Penn Meadows Park.

Phases II and III of the West Side Park Project will be approved and completed as funding is available. A preliminary master plan, provided by the city, shows plans for a shelter with restrooms, band stand, playgrounds for various ages, climbing rocks, swings, parking spaces, a picnic shelter, perennial garden, detention pond and vendor staging area.

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North Liberty Seeks Public Input on West Side Park Project

Liberty Property Sheds Office Asset – Analyst Blog

Liberty Property Trust (LRY) - a real estate investment trust (REIT) - divested a Philadelphia-based office property to an affiliate of Cole Real Estate Investments for roughly $74.7 million. The transaction is in line with the company's ongoing portfolio repositioning program.

The sold facility, which spans 441,000 square foot, is located at 8800 Tinicum Boulevard. The property is occupied by PNC Bank of The PNC Financial Services Group, Inc. (PNC) . Notably, Liberty Property constructed the office facility for PNC Bank in two stages, completed in 1997 and 2000, respectively.

The abovementioned transaction was represented by CBRE Group Inc. (CBG) . We expect the divesture to facilitate Liberty Property to focus on higher growth markets characterized by better job and rent growth prospects. Also, this is expected to boost the company's portfolio and strengthen its top line.

Liberty Property specifically focuses on metro office, multi-tenant industrial, and flex properties and markets that have strong demographic and economic fundamentals, which ensure a steady revenue stream. In Feb, in order to boost its portfolio restructuring initiative, Liberty Property unveiled its plan to construct an office building for The Vanguard Group in Malvern, Pa.

Last month, Liberty Property reported fourth-quarter 2012 results with FFO (funds from operations) of 63 cents per share, in line with the Zacks Consensus Estimate as well as the prior-year quarter. The result was attributable to the strong acquisitions and development activities, slightly impacted by uncertain economic conditions.

Liberty Property currently holds a Zacks Rank #3 (Hold). Brandywine Realty Trust (BDN) , another REIT, is performing better than Liberty and holds a Zacks Rank #2 (Buy).

Note: Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non-cash expenses to net income.

BRANDYWINE RT (BDN): Free Stock Analysis Report

CBRE GROUP INC (CBG): Free Stock Analysis Report

LIBERTY PPTY TR (LRY): Free Stock Analysis Report

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Liberty Property Sheds Office Asset - Analyst Blog

First Liberty Power Current SEC Filings Completed

LAS VEGAS, March 25, 2013 /PRNewswire/ --First Liberty Power Corp. (FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, announced today the filing of its 2nd quarter financial statements with the Securities and Exchange Commission.

During this last quarter, First Liberty Power has made considerable progress on a number of fronts, as well as faced some challenges. With a strong team in place, the rate of progress has improved, and more capabilities are in place to deal with obstacles. Of particular importance was Mr. Mario Beckles joining our team as CFO/Treasurer, and Mr. Robert Reynolds extending his role to become our VP Operations - both of whom have greatly added to our depth of expertise and capacity to manage the various projects we have underway.

The company also established its Pathways of Progress program, which has made a significant difference in the extent of corporate development and quality of communication. This program provides a structure for the organization to follow best corporate practices, including transparent and regular communication, while working to have each property project move towards production as rapidly as possible. CEO, Don Nicholson, stated, "We are concentrating on our Fencemaker antimony property during the next three months as it is our objective to bring the Fencemaker property into initial production as soon as possible. Equally important though during this period will be to continue with the next stages on the lithium and vanadium/uranium properties in order to make important progress towards their plan of operations."

The company is continuing to pursue several avenues to obtain additional short term and medium term financing, and expect to have announcements on progress in that area within the next couple of weeks. The company also acknowledges some of the challenges faced with certain of our prior financings, and the dilutive effect on the capitalization structure. While the company remains appreciative for all of the investor support we have received in the past as well as the ongoing support, we also acknowledge that our future larger financings must have a structure which is sustainable and beneficial over the long run. First Liberty Power will continue to make every effort in this regard, and will continue to communicate progress and plans.

Our CFO, Mr. Beckles, has also been making great advances in developing and implementing more rigorous financial and operational controls, as well as putting together our improved financing structures, to ensure we have a solid foundation in place for our growth and near term operations. Mr. Reynolds, VP Operations, in coordination with Stockpile Reserves LLC Director Mr. James Vogan and the Fencemaker operation team, have also made impressive progress in ensuring everything is in place for rapid implementation of the mining and milling operations as financing becomes available, alongside of their ongoing development efforts. The next portion of the business plan calls for a Fencemaker on-site status review and planning session, which will be performed this week by CEO Nicholson and VP Operations Reynolds together with the Stockpile Reserves team.

The next few months are looking to be very exciting for First Liberty Power, as we continue to move forward towards our mission to bring to market "Mined in America" strategic industrial minerals. The company will continue to engage with investors and communicating as often and effectively as possible, including an update to the website subsequent to this week's on-site work, and other progress.

ABOUT FIRST LIBERTY POWER CORPORATION: First Liberty Power Corporation (FLPC) http://www.firstlibertypower.com is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. Our corporate philosophy is driven by a dedication to Pathways of Progress, our program of best corporate practices designed to drive us rapidly towards mine production & milling, to the greatest benefit of FLPC shareholders, investors and mining partners, while ensuring safety, environmental integrity, and good governance. Presently, FLPC has interests in four properties: the Fencemaker Antimony project in Nevada, the Lida Valley and Smoky Valley Lithium Brine projects in Nevada, and the San Juan Vanadium / Uranium project in Utah.

Notice Regarding Forward-Looking StatementsThis current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future plans of the company, the prospects for our mineral properties, and our ability to raise necessary working capital.

Actual results could differ from those projected in any forward-looking statements due to numerous factors, including the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the SEC.

Contact: Robert Reynolds (800) 709-1196 ir@firstlibertystrategic.com

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First Liberty Power Current SEC Filings Completed

Copper, Gold, REE Explorer Liberty Star Operations Update, Southeast Arizona

TUCSON, Ariz.--(BUSINESS WIRE)--

Liberty Star Uranium & Metals Corp. (Liberty Star or the Company)(LBSR: OTCQB) is pleased to announce a tentative schedule beginning in mid- to late April for a ZTEM airborne electromagnetic survey over the Companys Hay Mountain claims in Cochise County, Arizona. Liberty Star has set up a separate operating account for the Hay Mountain portion of the Tombstone Super Project and has deposited $50 thousand in that account. Additional funds will be directed into this account to pay for ZTEM, geochem and diamond drilling. Geotech believes that electromagnetic conditions will be good for the airborne survey as early as mid- to late April. The helicopter borne flight will take about a week, assuming good weather. Modeling and analysis of the data will take approximately 2 weeks.

Other highlights for the 1st quarter 2013:

Comments CEO and Chief Geologist Jim Briscoe: By cutting costs on an already lean operation and judiciously drawing down on the Deer Valley funding we are able to move ahead at Hay Mountain. ZTEM will allow us to manage our targets efficiently and at a substantially lower cost than without it. I was an early adopter of ZTEM technology, which is now almost a standard procedure for porphyry copper targets throughout the world.

About Hay Mountain, Southeast Arizona

The Hay Mountain block of theTombstone Super Project(Cochise County, Arizona) consists of 57 unpatented federal lode mining claims in addition to 15 Arizona State Mineral Exploration Permits (MEPs). MEPs are the first step in completing an Arizona State Land Mining Lease. The Company has completed the required assessment work to hold the MEPs. This land position covers a geologically, geophysically and geochemically indicated, completely covered, porphyry copper-moly-silver-gold, and rare earth elements mineral center. One major target within the Hay Mountain claim block is defined along with four other smaller targets. Liberty Star has recently discovered a large intrusion indicated by an aerially extensive low flight level magnetic survey under and partially exposed in and around the Tombstone caldera (NR 129). Mineralization is clearly associated with this intrusive body.

James A. Briscoe James A. Briscoe, Professional Geologist, AZ CA CEO/Chief Geologist Liberty Star Uranium & Metals Corp.

Forward Looking Statements

Statements in this news release that are not historical are forward-looking statements. Forward-looking statements in this news release include our exploration plans, that ZTEM airborne and modeling can be completed within 3 weeks, that airborne ZTEM will start shortly; and that we will have sufficient funds to carry out our intended program. Factors which may delay or prevent these forward-looking statements from being realized include: we may not be able to raise sufficient funds to complete our intended exploration, keep our properties or carry on operations; and we may be unable to continue exploration due to permitting requirements, weather, logistical problems, labor or equipment problems or hazards even if funds are available. Despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures in the Companys recent 10-K and the Companys other periodic reports filed from time to time with the Securities and Exchange Commission.

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Copper, Gold, REE Explorer Liberty Star Operations Update, Southeast Arizona

Liberty to deny being part of franchises fraud

THE alleged mastermind of South Africas biggest Ponzi scheme, Barry Tannenbaum, may still be hiding out in Runaway Bay, Australia, but it has not taken long for another large-scale financial fraud to hit investors.

This time South Africas third-largest life insurer, Liberty, has been caught up in the wide net, although on May 6 it will have an opportunity to show in court why it should not be held liable for the apparent fraud committed by one of its major former franchises.

The result should hinge on how far the Financial Advisory and Intermediary Services Act (FAIS) implemented in 2004 goes in protecting victims, as Liberty alleges the victims knew that certain products sold by its franchise at the time, SFS, were not Liberty products.

However, Business Day has established that the 10 plaintiffs taking on the insurance giant, believe they were duped, as the Liberty licence number, logos and letterheads were used and Liberty had for three years not set up an effective monitoring system as required by the act.

A source close to proceedings believes claims could be as high as R140m, as SFS was Libertys second-biggest franchise.

Victims range from widows and pensioners, some of whom lost entire investments, to small firms and a paraplegic society.

The main complaint in the summons is that Liberty failed to comply with its obligations under the act, which Liberty denies.

The court case relates to the conduct prior to 2007 of Anton de Beer, now believed to be a water salesman, and the late Wayne Harris, who according to reports committed suicide after the fraud was revealed.

These former representatives, from before the new act was passed, of Liberty and the company were involved in property transactions which Liberty says were "unconnected with Liberty" and whose clients "were aware of these facts".

"Liberty and its legal representatives are continuing to defend this matter," said Julian Cloete, divisional director of group legal services at Liberty.

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Liberty to deny being part of franchises fraud

Liberty Property Sheds Office Asset

Liberty Property Trust (LRY) a real estate investment trust (:REIT) divested a Philadelphia-based office property to an affiliate of Cole Real Estate Investments for roughly $74.7 million. The transaction is in line with the companys ongoing portfolio repositioning program.

The sold facility, which spans 441,000 square foot, is located at 8800 Tinicum Boulevard. The property is occupied by PNC Bank of The PNC Financial Services Group, Inc. (PNC). Notably, Liberty Property constructed the office facility for PNC Bank in two stages, completed in 1997 and 2000, respectively.

The abovementioned transaction was represented by CBRE Group Inc. (CBG). We expect the divesture to facilitate Liberty Property to focus on higher growth markets characterized by better job and rent growth prospects. Also, this is expected to boost the companys portfolio and strengthen its top line.

Liberty Property specifically focuses on metro office, multi-tenant industrial, and flex properties and markets that have strong demographic and economic fundamentals, which ensure a steady revenue stream. In Feb, in order to boost its portfolio restructuring initiative, Liberty Property unveiled its plan to construct an office building for The Vanguard Group in Malvern, Pa.

Last month, Liberty Property reported fourth-quarter 2012 results with FFO (funds from operations) of 63 cents per share, in line with the Zacks Consensus Estimate as well as the prior-year quarter. The result was attributable to the strong acquisitions and development activities, slightly impacted by uncertain economic conditions.

Liberty Property currently holds a Zacks Rank #3 (Hold). Brandywine Realty Trust (BDN), another REIT, is performing better than Liberty and holds a Zacks Rank #2 (Buy).

Note: Funds from operations, a widely used metric to gauge the performance of REITs, are obtained after adding depreciation and amortization and other non-cash expenses to net income.

Read the Full Research Report on PNC

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Liberty Property Sheds Office Asset

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