Funds and Investment Funds

Funds Mutual Vanguard Most Putnam residents rely on underground water supplies, but with development pressures and rapid population growth, there are concerns about the long-term viability of the county's aquifers.

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Funds Mutual Top Changes and threats to unseen water supplies are not easy to detect, but there have been pockets of dry wells throughout Putnam. Without a uniform accounting of aquifers underground layers of porous rock, sand or soil that contain water where wells can be sunk planning boards and officials are at a disadvantage in plotting the future.

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Funds Market Money Chazen Environmental Services Inc. of Poughkeepsie is in the midst of an extensive $90,000 study to document what is going on underneath Putnam, and what levels of groundwater use can be sustained. The report will serve as a tool for communities in deciding where they can develop and where they need to exercise caution.

In addition to making certain that our dams meet current safety standards, it's critical that our water resources, lakes and streams are properly maintained. It's important to note that almost 80 percent of the bond act will go towards the establishment of revolving loan funds. This means that as the loans are paid back, money can be used to fund new loans for dam safety and water resource projects. Thus, Ballot Question 3 will provide for a perpetual source of funding to make certain that our state, to repair and maintain our water resources infrastructure.

Funds In Investing Mutual "It's basically to get a baseline accounting of where we are with underground water, what's our situation currently, where do we have problems, where are areas where we maybe need to work on a protection strategy," said Lauri Taylor, manager of the county's Soil and Water Conservation District.

High Yield Plus Fund Inc. (the Fund) is a diversified, end management investment company. The Fund's primary objective is to provide a high level of current income to shareholders. It seeks to achieve this objective through investment of at least 80% of its investable assets in publicly or privately offered, rated securities of comparable quality. As a secondary investment objective, the Fund will seek capital appreciation, but only when consistent with its primary objective. The Fund has agreements with, among others, Wellington Management Company, LLP (the Investment Adviser) and Prudential Investments LLC (the Administrator). The Investment Adviser makes investment decisions on behalf of the Fund.

Fidelity Funds Mutual A number of Carmel residents are painfully familiar with water supply problems. There are dry private wells in the Rolling Greens neighborhood of Mahopac, and shared wells in the Williamsburg Ridge condominiums off Stillwater Road in Carmel are not producing enough water.

The cost of providing the service is covered by the annual charges your Fund Managers are already deducting from your funds, so Moneyspider doesn cost you anything extra. And when you register with Moneyspider they don move your funds or change your investments in any way. Your investments remain as they are in the same funds and with the same fund managers.

Funds Load Mutual No George Baum, chairman of the Kent Conservation Advisory Commission and an eight-year resident of Seven Hills Lake, said an important aspect of what Chazen is doing is documenting how vulnerable aquifers are to contamination.

Funds Investment The report "will be useful to everybody and it will lead to a tighter surveillance, perhaps some increased regulation" of development, he said.

Funds Retirement Water quality is an important issue for the county and may be the focus of a future study, Taylor said. Patterson has been dealing with nitrate contamination in private wells. The water system in Lake Peekskill is being shut down because it is not filtered.

Funds Trust The Chazen report is "a start of the process of getting into water quality," said county Legislator Arne Nordstrom, R-Kent, chairman of the Soil and Water Conservation Board.

Closed End Funds About 10 percent of Putnam residents get their water from New York City reservoirs in the county although that number may grow.

Funds Ohio Unclaimed Chazen Environmental Services spent about six months last year and in 2003 compiling data to identify and characterize the water-bearing capacity of each geographic area and municipality in the county. The county Division of Planning and Development, the Health Department and the Soil and Water Conservation District reviewed and revised the report, which took about six months, Taylor said.

Aim Funds Now, a committee composed of representatives from each town is analyzing the results and will give general advice to towns and villages, Taylor said. Cold Spring has opted not to be involved and Philipstown has not appointed anyone. Carmel recently named someone to the group. The panel's first meeting was in September, and it will meet monthly for the next four to six months, she said.

College Free Funds Grant "The county is not going to tell the towns what to do," she said. "It's just going to give them recommendations to kind of consider and go from there."

Active Funds Index Investor The third phase of the project entails holding public meetings in each town. In addition to making the final report available, the Division of Planning and Development will have a dedicated computer on which towns can access computer mapping information on the underground water supply.

Electronic Funds Transfer Chazen's study is costing about $90,000, paid for by a $70,000 grant from the state Department of Environmental Conservation and $20,000 in county funding. The study was originally only going to cover towns in the New York City watershed. County legislators added $20,000 to look at Putnam Valley, most of which is not in the watershed, and Philipstown.

Ci Funds Taylor said a logical follow-up to the Chazen report would be an in-depth analysis of water quality in Putnam. The current project only touches on issues of water quantity and areas that are vulnerable to contamination. The county is investigating whether there are state or federal grants available for such work, she said.

Funds India Mutual By Cara Matthews
The Journal News - 10/27/2003

Topic: Highlands

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