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Highlands Funding Moves Forward
Funds Mutual Vanguard Officials declared a victory for the Highlands on Wednesday. The House Resources Committee authorized $100 million over 10 years for land conservation partnership projects and open space purchases in the Highlands.
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Funds Mutual Top Though the amount is far smaller than the original request of $250 million and a number of approvals remain Rep. Rodney Frelinghuysen, R-11, and Tom Gilbert, executive director of the Highlands Coalition, cheered the news.
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Funds Market Money Obviously $250 million is a bigger number than $100 million, but we recognize that this is a very tough economic environment, Gilbert said. The funds that did pass will result in increased land protection for the Highlands, he said.
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.
Funds In Investing Mutual The Highlands which span New Jersey, Pennsylvania, New York and Connecticut include areas in Vernon, Hardyston, Hamburg, Franklin, Ogdensburg, Sparta, Andover Township, Andover Borough, Green, Byram, Hopatcong and Stanhope.
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Fidelity Funds Mutual The approval is also seen as a success after the struggles Frelinghuysen endured to prevent the funding known as the Highlands Stewardship Act from getting nixed in committee. The committees majority is West-Coast legislators who are unconcerned with eastern projects, Frelinghuysen said.
Blue Chip Value Fund, Inc. (the Fund) is a diversified, end management investment company, registered under the Investment Company Act of 1940. The Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of large companies with headquarters in the United States, such as those included in, or similar in size to those included in, the S and P 500 Index. Denver Investment Advisors LLC (DIA) acts as the Fund's investment adviser, while ALPS Mutual Funds Services, Inc. and DIA serve as the Fund' administrators.
Funds Load Mutual No Last week people were suggesting the bill was dead in committee, he said in a telephone interview Wednesday. We scored a major victory.
Funds Investment Frelinghuysen said the act was not a case of asking for more than could realistically be obtained. He said the acts proponents were able to obtain what they could by working the committees staff.
Funds Retirement Gilbert said the House Resources Committee was probably the toughest hurdle the bill will face and is optimistic for the fundings future.
Funds Trust The fundings next step is a vote by the entire House. It would also have to be passed by the U.S. Senate and a joint session and have presidential approval before it is received.
Closed End Funds Were going to get it out on the floor without a great amount of trouble in the near future, Frelinghuysen said.
Funds Ohio Unclaimed Rep. Scott Garrett, R-5, and U.S. Sen. Jon Corzine, D-N.J., have also been lobbying for the act.
Aim Funds Specifically, the funding will go toward protecting watershed lands within the Highlands and those highly threatened by development, Gilbert said.
College Free Funds Grant The proclaimed victory for the Highlands also extends to a $4.9 million appropriation included in the 2004 Interior Department Conference Agreement. This Highlands funding is two steps away from final approval.
Active Funds Index Investor Once this report is approved, its a done deal, Frelinghuysen said.
Electronic Funds Transfer The funding is the second largest amount for any nationwide project included in the Forest Legacy Program, he said.
Ci Funds Gilbert was also excited about the appropriation, which may fund the purchase of land off Lackawanna Drive in Byram that includes portions of Lubbers Run. Its been a very good day for the Highlands, he said.
Funds India Mutual By Lynn Olanoff
NJ Herald - 10/30/2003
Topic: Highlands
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