Citation

Material Information

Title:
The Tribune.
Uniform Title:
Tribune. (Nassau, Bahamas).
Added title page title:
Nassau tribune
Place of Publication:
Nassau, Bahamas
Publisher:
Tribune
Publication Date:
Language:
English
Physical Description:
v. : ill. ; 58 cm.

Subjects

Genre:
newspaper ( sobekcm )
newspaper ( marcgt )
Spatial Coverage:
Bahamas

Notes

General Note:
Description based on: Vol. 79, no. 210 (Aug. 3, 1983); title from caption.

Record Information

Source Institution:
University of Florida
Holding Location:
University of Florida
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This item was contributed to the Digital Library of the Caribbean (dLOC) by the source institution listed in the metadata. This item may or may not be protected by copyright in the country where it was produced. Users of this work have responsibility for determining copyright status prior to reusing, publishing or reproducing this item for purposes other than what is allowed by applicable law, including any applicable international copyright treaty or fair use or fair dealing statutes, which dLOC partners have explicitly supported and endorsed. Any reuse of this item in excess of applicable copyright exceptions may require permission. dLOC would encourage users to contact the source institution directly or dloc@fiu.edu to request more information about copyright status or to provide additional information about the item.
Resource Identifier:
09994850 ( OCLC )
9994850 ( OCLC )

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Full Text
PAGE 2, MONDAY, MARCH 7, 2011



THE TRIBUNE



Artistic, agricultural

awarded

COOKING
CONTEST:
Professional
chief Carvison
Pratt competes
with two
others ina
cooking
contest.

Megan
Reynolds
/Tribune staff

GRICULTURAL and artistic
entrepreneurs from across the
Bahamas were honoured with
awards presented on the clos-
ing day of the Agri-Business
Expo at the Gladstone Road
Agricultural Centre yesterday.

Dozens of independent producers of celebrated
handicrafts, preservatives, fruit and vegetable crops,
fisheries and livestock farmers were presented with
awards to encourage their efforts to develop agri-busi-
ness throughout the Bahamas.

Schools partaking in a greenhouse project to grow
fruits and vegetables were also presented with awards,
as were Lucayan Tropical, The Grand Bahama Shrimp
Company and The Island School for their contribution
to food production and agricultural development. Cash
prizes for other entrepreneurs will be announced later
this week.

Agriculture and Fisheries Minister Larry Cartwright
commended their efforts as he noted the critical impor-
tance of food security in a time of population growth and
rising food prices.

With 60 per cent of the Bahamas’ 353,658 population

6G

The stability of a

country is predicat-
ed on a stable agricultural
industry.”

Larry Cartwright



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4 tural Centre.

residing in New Providence, Mr Cartwright said it is
important for Bahamians to take advantage of oppor-
tunities in agriculture and fisheries across the islands and
develop this key industry.

Efforts have been made to create opportunities for
crop, livestock and poultry farming in Abaco, Andros
and Grand Bahama, in particular, Mr Cartwright said,
while more opportunities will be created in other Fam-
ily Islands.

“Agriculture links and interacts with major key indus-
tries such as education, tourism, marine resources and
light industries,” Mr Cartwright said.

“The stability of a country is predicated on a stable
agricultural industry.”

The minister encouraged farmers to embrace modern
technology to maximise production and pointed out
advancements in the industry through the distribution of
30 greenhouses to schools across the islands and the
success of new reproductive technology of sheep and
goats through embryo transplant at the Gladstone Road
Agriculture Centre (GRAC).

The expo brought together more than 150 people,
operating over 140 booths at the three day fair, and
the award ceremony featured performances by The
National Youth Choir and National Children’s Choir.

: The National Children’s Choir

ey ce zac

10am-2pm

PRINCE
a ee
COLONY VILLAGE
ROAD - JUST WEST
OF SEAGRAPES
SHOPPING
Le

SCRUMPTIOUS: Some of the
produce on show at the expo
at the Gladstone Road Agricul-

Tim Clarke/Tribune staff
























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Megan Reynolds/Tribune staff

a
et

Megan Reynolds/Tribune staff

COLOURFUL: The National Youth Choir

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ed

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Twice os effectiva of removing sludge"
Synthetic technolegy moter ail

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DESIGNED TO MEET CHALLERAEES









THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 3



LOCAL NEWS



Prime Minister
defends govt’s
economic record

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

DEFENDING his govern-
ment’s economic record,
Prime Minister Hubert Ingra-
ham addressed criticism that
his administration is merely
taking credit for initiatives
implemented under the
Christie administration.

“T have a problem with that
because when Kerzner Inter-
national came to the Bahamas
in 1993 and agreed to a four
phase development, the third
phase was done on their
watch which they claimed
ownership of and responsibil-
ity for.

“If the Kerzner third phase
had not been done, the econ-
omy of the Bahamas would
not have been what it was
during their term in office. It
was completely facilitated by
what we had put in place



“If the Kerzner third phase had
not been done, the economy of
the Bahamas would not have
been what it was during their
(PLP’s) term in office.”



before,” Prime Minister
Ingraham said during a press
conference Saturday.

He further stated: “From
my point of view I’m delight-
ed to do those things while
I’m in office.

“The things that come
about while I’m in office, the
things that happen after I’m
gone or that happen because
of what I did while I was in
office, I don’t argue as to who
did it or who didn’t do it.

“The economy of the
Bahamas was revived on our
watch,” he added.

“The economic growth and

GOVT ‘ANXIOUS’ TO RECOUP

S50M SPENT ON AIRPORT WORK

FROM page one

“The government is anxious to get back its $50 million which it
put into the airport. We are not in the business of funding this air-
port. This is to be funded exclusively by those of us who use it,”
Prime Minister Ingraham told reporters Saturday after touring the
new facility with several members of his Cabinet. According to
Prime Minister Ingraham, the new facilities are expected to create

expansion that took place
between 2002 and 2006 was
because of the base that the
FNM put down.

“There had never been a
period of that kind before in
the 90s.

“There had never been
such a time and continued
while we were out of office
but others came along and
claimed they did it. It is quite
easy to find those things
which were done on any-
body’s watch in the Bahamas
and we are willing to match
our record against anybody at
any time.”

PM: WE INTEND TO PROTECT CONSUMERS,
WHILE BEING FAIR TO FUEL RETAILERS

FROM page one

they sell, and 19 cents per gallon of diesel, regardless
of the price they pay for fuel.

They want the government to ease restrictions
before they are driven out of business. The Bahamas
Petroleum Retailers Association (BPRA) is ready to
voice members concerns when they meet this week
with State Minister for the Environment Phenton



DEFENDING RECORD:
Prime Minister Hubert Ingraham

‘More productivity
required’ for Road
Improvement Project

MORE monthly productivity will be required to
ensure that work on the New Providence Road
Improvement Project meets the government’s sched-
ule, Prime Minister Ingraham said.

“Progress is being made. They have now increased
their employment numbers. They have 600 people
working on the project. They are going to have to add
some additional shifts and work on weekends. From
our point of view, they need to produce certifiably $5
million worth of work each month in order for them
to meet the schedule we have,” Prime Minister Ingra-
ham said at a press conference on Saturday.

“They are now producing work to the order of
three and a half million I think, so they need to find
a way by which they are going to speed the works up
to meet the schedule or be faced with penalty con-
sequences.

“We are satisfied with the quality of work,” Prime
Minister Ingraham said.

In 2008, the government signed a $120 million
contract with Jose Cartellone Construction of
Argentina for the pre-launch of the completion of the
roadwork.

The project is funded by the Inter-American
Development Bank (IDB) and includes 15.7 miles of
roads, 19 corridors and five major intersections. The
improvements include: Baillou Hill Road (south),
Baillou Hill Road (North) the entire length of Mar-
Ket Street corridor, East Street (between Robinson
Road and Soldier Road), West Bay Street (Saun-
ders Beach), Robinson Road and Prince Charles
Drive, Marathon Road, Wulff Road, New Bethel
Avenue (phase A) and New Bethel Avenue (phase
B

The refurbishment of old water mains is also
included in this package and the Milo Butler Exten-
sion from Carmichael Road to Cowpen Road is
included as provisional work in the contract.











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another 150 to 200 jobs. Phase II of the project, which includes con-
verting the old US departure terminal into the international ter-
minal, will start soon he noted.

“We expect that announcements of the issuance of the contract
to be made in the coming weeks,” Prime Minister Ingraham said.
Regarding the work done on Phase I, Mr Ingraham said, “It is a
wonderful job. It appears to be very efficient and user friendly. It
pleases us where we want to be at the head of the line in the
Caribbean in terms of facilities as we are the leading tourism des-
tination and financial centre and a place to attract business and for
business to operate from. We think we are headed in the right
direction.”

He said that today “the new airport gateway project will com-
mence which will produce a four lane highway straight up to the six
lane roundabout and before that is finished there will be a contin-
uation from JFK to Prospect Ridge up to Milo Butler Highway and
Tonique Wilhams-Darling highway and the third phase will continue
from the six legged roundabout past the College of the Bahamas and
continue straight up to Baillou Road from Poinciana Drive.”

Neymour.

Prime Minister Ingraham told reporters on Satur-
day: “It is you the public of the Bahamas that the
government seeks to protect and prevent from paying
unnecessarily high prices. That’s why gas and diesel
are controlled prices. So the extent to which the gov-
ernment is responsive to the pressure from them is the
extent to which you the travelling public will pay
more money.

“We’re seeking to be on your side,” he said. “We
are seeking also to be fair to them but the margin
which they have is not an unreasonable margin.”

Prime Minister Ingraham recalled that his admin-
istration was often criticized for giving local petrole-
um retailers a margin that was larger than anywhere
else in the Caribbean.

“When the price of oil was lower and they were
making profits I didn’t hear a word from them, and
neither did you,” he said.

PNT CGI AM IU NM aeRO aa





















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Leeabeal between Hewch “Toor & Corel Tera

THE PLP party’s walkout
of the House of Assembly
during the mid-term budget
debate on Thursday has been
defended by party deputy
leader Philip “Brave” Davis
as he accused the Prime Min-
ister of “rudely, abruptly and
prematurely” ending the
debate.

Mr Davis accused Prime
Minister Hubert Ingraham
of denying both himself and
Minister of State for Social
Services Loretta Butler-
Turner the opportunity to
speak as they rose to make
their contributions, and thus
thanked his colleagues in the
PLP for walking out in their
defence.

He said: “I remind the
Prime Minister that just as
he was elected to be the
voice in Parliament of the
people of the North Abaco
constituency so were Loretta
Butler-Turner and I elected
to represent the people of
Montagu and Cat Island,
Rum Cay and San Salvador
respectively.

“We are all equal in the
House of Assembly. You are
not the House of Assembly!
You are not the Common-
wealth of The Bahamas.

“The Prime Minister and
the Speaker owe the people
of Montagu and Cat Island,
Rum Cay and San Salvador
an apology. They both
showed no regard or respect
for them as citizens of the
Commonwealth of the
Bahamas.”

However, a Government
MP told The Tribune that
the Prime Minister and the
Speaker were justified in
their actions as the disagree-
ment arose following the
contribution by PLP MP
Alfred Sears.

The MP said Education
Minister Desmond Bannis-

DEFENDING WALKOUT:
Philip ‘Brave’ Davis

ter started to rise on a point
of order during Mr Sears’
contribution, but the PM
asked Mr Bannister to wait
for Mr Sears to finish,
instead of interrupting him.
Mr Bannister complied.

As Mr Sears completed
his contribution, Mr Bannis-
ter again rose to speak, as
did Mrs Butler-Turner and
the Prime Minister, the MP
said.

“The rule of procedure for
speaking is that the first one
to catch the Speaker’s eye is
the one who has the floor,”
the MP explained.

“The Speaker recognised
Mr Bannister because he had
already indicated that he was
rising on a point of order,
and had only held off in def-
erence to Mr Sears.

“When he had finished,
the Prime Minister again
stood and the Speaker recog-
nised the Prime Minister.

“However, if the Prime
Minister had not stood, the
Speaker would have recog-
nised Mrs Butler-Turner
because she had the right to



the floor. He would not have
recognised Mr Davis at that
point.”

The MP said the PLP’s
argument that it was their
turn to speak because the
FNM had already had two
members speak successively
was not justified as the rules
of the House allow for the
mover of the motion and the
seconder of the motion to
speak — which is usually the
government. Then after the
seconder has completed his
contribution, the Opposition
would put its first speaker on
the floor. From then on the
debate would continue with
Government and Opposition
alternating its speakers. If it
so happened during that
debate that two government
members spoke in succession
it would have only been
because the Opposition
failed to put one of its speak-
ers on the floor.

“Several hours before the
debate ended,” said the MP,
“Tommy Turnquest, leader
of government business, reit-
erated that government had
planned to end the debate a

5pm. There was no objection
from the Opposition. It was
already after 7pm when Mr
Sears had completed his con-
tribution,” the MP said.
“Therefore, when the dis-
pute erupted as to who had
the right to the floor, the
Prime Minister closed the
debate on the first appropri-
ations bill. But while the
Opposition was still in the
chamber, the prime minister
stood to second the second
appropriations bill, which
would have given Mr Davis
or any member of the oppo-
sition the right to speak after
the prime minister.
“Instead,” the MP told
The Tribune, “the Opposi-
tion gathered their papers
and walked out of the House
instead of staying there to
represent their people.”

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PAGE 4, MONDAY, MARCH 7, 2011

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

WEBSITE
www.tribune242.com — updated daily at 2pm

Joblessness down, some still downbeat

WASHINGTON — Why so glum?

Unemployment is dropping, but the reaction
from both the left and right ends of the politi-
cal spectrum is surprisingly unenthusiastic.

Conservatives fear the improvement will
weaken their argument that the way to bring
back jobs is less regulation and more fiscal dis-
cipline. Liberals worry that better job num-
bers will create momentum for spending cuts
that will cause the fragile recovery to falter.

The divided reaction illustrates the ideo-
logical forces pulling at President Barack Oba-
ma as he tries to gain economic and political
traction out of the positive jobs report.

"Overall, it's a very solid jobs report," said
Austan Goolsbee, the chairman of Obama's
Council of Economic Advisers. "And overall
there's been increasing optimism that despite
having a long way to go, we're clearly headed in
the right direction and we're putting some miles
behind us and trying to get back to a good sit-
uation."

Indeed, a number of economic markers are
moving in positive directions. The U.S. econo-
my has been growing for 18 months. Retail
sales are picking up. A Federal Reserve survey
released this week showed factory activity ris-
ing in all Fed districts except St. Louis.

Obama, himself, made the point Friday,
trumpeting the unemployment numbers during
a visit to a Miami high school. "That's the 12th
straight month of private-sector job growth,” he
said. "So our economy has now added 1.5 mil-
lion private sector jobs over the last year. And
that's progress."

Still, unemployment is usually the last eco-
nomic signpost to improve after a recession,
and the rate remains high at 8.9 per cent. The
number of unemployed is 13.7 million, almost
double since before the recession. And that's
enough to provoke some downbeat assess-
ments. "We have yet to see the leadership we
need coming out of the White House to restore
sustainable economic growth,” declared Repub-
lican National Committee Chairman Reince
Priebus. Economist Heidi Shierholz, at the lib-
eral Economic Policy Institute, weighed in with
this: "Some of February's growth is simply a
positive rebound effect after bad weather last
month, and the trend is modest."

Since the November elections that placed
Republicans in control of the House and weak-
ened the Democrats' hold on the Senate,
Republicans and conservatives have argued
that the path to jobs is through deregulation of
industries, fiscal restraint and low taxes. Oba-
ma has embraced some of the advice, reaching
out to business with a pledge to reconsider
some government rules and compromising with
Republicans by dropping, for now, his demand
that the wealthy pay higher taxes.

So, even as the unemployment rate goes
down, Republicans insist Obama's past policies

RUSSELL, Albert H. ,

1933 - 2011.

Beloved father of George Russell (Sherry) of

i!
Me

Russell and sister Marina Atkinson.

Spanish Wells passed away on February 71,
2011 after a long illness. Born in Cherokee
Sound, Abaco, he lived most of bis life in
Nassau and is well remembered by many of his
friends and clients for his nearly sixty years asa
barber on Bay Street, He was predeceased by
his wift Pauline, his parents Kirtland and Lois

In

addition to his son George (Sherry) he is

were at worst, counterproductive, or at best,
ineffective. Jobs will come faster and with more
staying power, they argue, if government sim-
ply gets out of the way.

Liberals and their Democratic allies have
been pressing for more government interven-
tion in the economy. The fragile recovery still
needs to be prodded by public spending, they
say, and they bristle at attempts to cut current
budgets. Obama has embraced some of that
advice, too. He has proposed additional tax-
payer money toward education, research and
technological innovation while negotiating with
Republicans on how far to cut into current
spending. While private employers added
222,000 jobs last month, some analysts noted
that when averaged with more meager number
of new jobs in January, the increase in pay-
rolls is similar to the monthly pace in the last
quarter of 2010.

"On the unemployment rate, for sure there
are going to likely to be blips," Austan Gools-
bee said in an interview. "Nobody knows, is 8.9
the rate or will it go up? That could happen."

But he added: "The three-month trend, the
one-year trends of substantially adding jobs in
the private sector and substantial reductions
in the unemployment rate are exactly what we
want."

The White House is certainly counting on
those trends moving in their favour. The econ-
omy — and high unemployment — were key
factors in last November's Republican elec-
tion wave.

At the time, the unemployment rate had
been rising for six straight months. But since the
9.8 per cent high of November, it has been
dropping. Politically, the trend line could be as
important as the unemployment rate itself.

In 1980, Jimmy Carter lost his re-election bid
to Ronald Reagan as unemployment climbed
from 6 per cent in October of 1979 to 7.5 per
cent in October of 1980. Likewise, George
H.W. Bush lost to Bill Clinton in 1992 in the
midst of rising unemployment, which went
from 6.9 per cent September of 1991 to 7.6 per
cent in September of 1992.

But Reagan managed to get re-elected in
1984 even though unemployment stood at 7.4
per cent in October of that year. Unlike Carter
and Bush, Reagan's unemployment trend line
had been dropping since the spring of 1983.

There are still trouble spots ahead for Oba-
ma. "The main clouds of concern that we mon-
itor are what happens in the Middle East with
fuel prices and what happens with the financial
system in Europe," Goolsbee said. In addition,
public hiring by local and state governments
remains an area of weakness. Those are clouds
that can still dampen an economic recovery —
and complicate a president's political prospects.

(This article was written by Jim Kuhnhenn of
the Associated Press).



“qeams













Enforcing death
penalty will
change course
of history

EDITOR, The Tribune.

Please allow me space
once again to publicly air my
personal views on crime and
punishment in our beloved,
historic and heavily popu-
lated Commonwealth of the
Bahamas.

When Robert Heath, later
Sir Robert Heath, was
granted the Colony of the
Bahama Islands in 1629 he
did not have any real prob-
lem with crime.

About 1670, the year our
country or the mother coun-
try granted the aforemen-
tioned islands to the six
Lords proprietors of the
Carolinas, they had no real
serious problem with crime
either.

They spent 47 years and
thus hoarded wealth, mater-
ial wealth for themselves,
hence their grant was
revoked.

A year later Governor
Woodes Rogers, a colonial

DAMS

letters@tribunemedia .net



governor, was appointed the
first Royal Governor of the
Colony of the Bahama
Islands: as a matter of fact
he served two consecutive
terms. However, in Septem-
ber 29, 1729 Rogers con-
vened the first Parliament
or House of Assembly meet-
ing with a total of 24 mem-
bers. Four of these repre-
sented the District of Har-
bour Island, Bahamas.
Events untoward had
begun to take place by now
so Rogers was charged with
driving out the pirates and
bringing back the traders.
Now a number of colonial
governors served this colony
until January 6, 1964 when
Sir John Paul handed over
as the last Royal Governor
to Sir Milo Boughton Butler

— the first Bahamian Gov-
ernor General on July 10,
1973. Since those events
crime has escalated and
today we are up to our nos-
trils.

It is my humble sugges-
tion that the sure way to
change the course of history
is to:

a) enforce the death
penalty, hanging or execu-
tion.

b) enforce the cat-o-nine
tail and

c) All written laws see that
they are adhered to.

Now these as did many
more have stood before us
for years; a stitch in time
saves nine, if the powers that
be do not turn this situation
around swiftly, the country
will de doomed.

RESWELLN
MATHER JP
Historian,
Harbour Island
January 31, 2011.

TAS TUTTM it a

THAT'S WHAT WE
CALL COMPASSION!

EDITOR, The Tribune.

Re: Assistance for
arrested straw vendors cost
the taxpayer $139,000. -
The Tribune, March 1,
2011

Each arrested person
appears to have received

about $15,444 in assistance. }
} tial facility is built (ong overdue and further shows that with-
: out funds even the private sector put things on hold).

Now that, folks, is what we
could call real compassion!
However, I’m sure that
there are also one or two
lawbreakers at HM Prison
who would be very happy
to receive similar compas-
sionate assistance — but
then again, maybe they
can’t vote.

KEN W
KNOWLES, MD
Nassau,

March 2, 2011.

BOBCATS |

Special Rental Offer! 2

" et Se =
iar ae

eee

: EDITOR, The Tribune.



The recent fanfare and what I must describe as the inac-

i curate journalism to the event the ground breaking for the
: new FBO, Fixed Base Operation, at the Grand Bahama
: International Airport yet again showed journalists rarely
i check their articles for accuracy.

I refer to the promise of 50,000 new arrivals-users in a year

which was a total misquote of the comment from Mr Gilbert,
i GM, Grand Bahama Airport Co.

You can wish all you like for an increase after this essen-

In the State of Florida, Mr Gilbert said there are 50,000

licensed pilots.

Possibly further the journalists showed have checked pre-

cisely how many private aircraft use the two FBO’s at LPIA
and contrast to what Grand Bahama receives.

Here is yet a perfect example of a journalist not checking

before they put pen to paper.

Government to join with GBPA by subsidising to the

? tune of $500,000 for the promotion of the Port Authority —
? today’s news is that Our Lucaya is laying off 200 employees
; — the hotel continues to struggle even under the Radisson
? marquee surely under the Hawksbill Agreement Act there
? is no position for the Public Treasury to be subsidizing
? such?

We wish an improved GBPA but they have to dig into

ABRAHAM MOSS
Nassau,
March 3, 2011.

their own funds - they sold a lot of shares in Grand Bahama
; Power recently surely they have funds?

PRIME OFFICE SPACE

Approximately 2,200 square feet of second
floor space 1s available in newly constructed
building at the corner of Marlborough and

Cumberland Streets.

survived by his step-daughcer Susan Scully, : :
Te ae ‘ eee Two (2) on-site car spaces included.
grandson Bill Seully, brother Larry, sisters Alice <=
ee : sn ' i ee ae MM ee a | some
Crawley and Isabelle Schuette (Charles) and et E St







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ahamas

Acliadsliey

i oo

es

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other professions.

numerous dieses, nephews and cousins, Albert
pi

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all miss this kind and generous man.

(dip)

Verseiivy * Predectiritr *

Contact Owner at 362-5787

Craafird St, Wakes Field

Tel; 3ES°5171 Fax, 322-6904





THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 5



LOCAL NEWS



Teenager in serious condition
after being attacked at party

A TEENAGER is in serious
condition at hospital after he
was mobbed by a group of men
while at a party.

The 19-year-old was chopped
in his head and also suffered
stab wounds to his lower back
early yesterday morning.

According to police, the Sev-
en Hills resident was at One
Stop Auto, Zion Boulevard,
when a group of men
approached him just after mid-
night.

Within the hour, police were
called to a shooting at Montagu
Ramp, Eastern Road.

A 28-year-old man was shot
in his side as he sat in a car with
a woman shortly after 12.30 am.

The couple were approached
by three men, one of whom was
armed with a handgun. It was
reported that the gunman
opened fire after the men were
unsuccessful in opening the car
door.

The 28 year old was taken to
hospital by emergency medical
services where he is listed in
serious condition.

As police continue their
investigations into both mat-
ters, they are also probing sev-
eral armed robberies that
occurred this weekend.

In separate incidents span-
ning two days, armed thugs
raided a gas station, drug store,
construction site and robbed

GOVT SOLICITING BIDS FOR OLD

CUSTOMS BUILDING DEMOLITION

AS work continues on the Arawak Cay Project Prime Minister
Hubert Ingraham revealed recently that the government is soliciting
bids for the demolition of the old Customs building.

"We are finally going to take down the old Customs building on
Arawak Cay. We are soliciting bids for it and the terms of the bid
is that the work is to commence April and be completed by June
of this year.

"We are now getting ready to complete the port at Arawak
Cay and a part of that is to move this warehouse. We also expect
to be able to have that same end of Arawak Cay as an inter-island
terminal facility,” he said. Prime Minister Ingraham said that mail-
boat operations are expected to be transferred from Potter's Cay
to Arawak Cay. He noted however that there is not yet a definite

plan for Potter's Cay.




Do Not Worry
Luke 12:22-34

Then He said to His disciples, “Therefore | say to you,
do not worry about your life, what you will eat; nor
about the body, what you will put on. Life is more than
food, and the body is more than clothing. 24 Consider
the ravens, for they neither sow nor reap, which have
neither storehouse nor barn; and God feeds them. Of
how much more value are you than the birds? And
which of you by worrying can add one cubit to his
stature? If you then are not able to do the least, why
are you anxious for the rest? Consider the lilies, how
they grow: they neither toil nor spin; and yet | say to
you, even Solomon in all his glory was not arrayed like
one of these. If then God so clothes the grass, which
today is in the field and tomorrow is thrown into the
oven, how much more will He clothe you, O you of
little faith? “And do not seek what you should eat or
what you should drink, nor have an anxious mind. For
all these things the nations of the world seek after,
and your Father knows that you need these things.
But seek the kingdom of God, and all these things[c]
shall be added to you. “Do not fear, little flock, for it is
your Father's good pleasure to give you the kingdom.
Sell what you have and give alms; provide yourselves
money bags which do not grow old, a treasure in the
heavens that does not fail, where no thief approaches
nor moth destroys. For where your treasure is, there


























your heart will be also.

two men, one of whom was
held up in front of his home.

On Friday afternoon, three
armed men burst into the office
of the T.G. Glover construc-
tion site on Pitt Road. Armed
with handguns, the robbers
escaped with an undetermined
amount of cash in a white 2006
Chevy Suburban that they stole
from an employee.

Police later found the vehicle
at Bain Street off Nassau Street.

Several hours later, two men
held up the Texaco Service Sta-
tion at Carmichael Road and
escaped with an undetermined
amount of cash and cell phone
cards.

The thugs pulled in to the
service station on a red and
white 650 trail motorcycle at
around 9.30pm.

According to the police, the
passenger put a towel over his
face after he entered the store,
pulled out a handgun and
demanded cash.

The next armed robbery was
reported early Saturday morn-
ing at Cordeaux Avenue and
East Street.

A 44-year-old man is in seri-
ous condition at hospital after
he was robbed and hit in the
head.

Just before lam, three men
demanded cash from a 44-year-
old man who was walking on
Cordeaux Avenue. After rob-
bing the man of his money, the
thugs struck him in his head
with an unknown object.

Two hours later, a man was
robbed by two masked and
darkly clothed men on his way
home at Barcadi Road. The
culprits, one of whom was
armed with a shotgun, fled west
on Carmichael Road after they
robbed him of his black 2000
Nissan Maxima, licence plate
number 8008.

On Saturday afternoon,
police were called to an armed
robbery at La Sells Drugs and
Notions, Kennedy Sub-division.

Two men, one of whom was
armed with a handgun, robbed
the store of a laptop, cell phone,
and an undetermined amount
of cash shortly before 3pm.

Anyone with any informa-
tion that might assist police in
their investigations into all
criminal matters should call
911, 919 or call Crime Stoppers
anonymously on 328-TIPS
(8477).

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PAGE 6, MONDAY, MARCH 7, 2011

LOCAL NEWS

THE TRIBUNE





ysl (>

March 3rd - 30th, 2011



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Defence Force set
to put 60 recruits
through training

RBDF working to develop
and expand human capital

SIXTY recruits are
expected to enter training
next month as the Royal
Bahamas Defence Force
works to develop and
expand its human capital.

According to Minister
of National Security Tom-
my Turnquest, there are
1,060 officers and marines
currently employed by the
RBDEF. A total of 57 per-
sons retired last year.

“The training,” said Mr
Turnquest, “will ensure
that a skilled cadre of per-
sonnel is available to
replace personnel retiring
or resigning from the
Force. Over the past three
years, considerable focus
has been given to building
the Defence Force into the
effective and efficient sea-
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discipline and providing
the education and training

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MINISTER OF NATIONAL
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rently employed by the
RBDF. A total of 57 per-
sons retired last year.



necessary for these pur-
poses.”

Speaking at Grace
Community Church yes-
terday, Mr Turnquest
commended past and pre-
sent RBDF officers and
their families for their
“dedicated and exemplary
service” at their annual
church service.

While acknowledging
the many challenges faced
by the force as they pro-
tect “the sovereignty and
territorial integrity” of the
country, Mr Turnquest
praised the successes of
new policies, administra-
tion and programmes
implemented this year.

Role

Mr Turnquest said: “We
understand the wide range
your role encompasses
from sentry duties at
diplomatic missions, assist-
ing with disaster response
and relief, patrolling our
waters, to manning of light
houses and other naviga-
tional aids around The
Bahamas.”

He added: “You have
continued to patrol the
waters of The Bahamas to
deter and apprehend for-
eign poachers who plun-
der our marine resources
and illegal migrants, who
are trying to escape from
their own countries’ prob-
lems.

“Your unabated efforts
at deterring and appre-
hending those engaged in
the nefarious activities of
drug trafficking and ille-
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commendable.”

During his speech, Mr
Turnquest reaffirmed the
government’s commitment
to the acquisition of more
manpower, assets, and
satellite bases in strategic
places as they move to fur-
ther decentralize the orga-
nization.

Mr Turnquest said:
“The Government is com-
mitted to the acquisition
of additional sea-going
assets to keep pace with
the capacity of the
Defence Force to effec-
tively crew and utilize the
assets. And, going for-
ward, a prerequisite for
recruitment to the
Defence Force is a pledge
to serve at sea.”

The decentralization
policy has surfaced the
concerns of some person-
nel, Mr Turnquest said,
who do not want to be
deployed outside of the
capital.

Protect

Mr Turnquest said: “It
must be understood, how-
ever, that the Defence
Force is primarily a sea-
going organization intend-
ed to guard and protect
the vast territorial waters
of The Bahamas. As such
there can be no escaping
of the requirement to be
posted at sea at certain
periods of one’s career
within the Defence Force
if one hopes to be reward-
ed with upward mobility.”

Satellite bases are now
on Inagua, Grand
Bahama, Exuma and Aba-
co, with continuing discus-
sions to establish a new
base in Ragged Island and
a permanent location in
Grand Bahama.

“While this is a chal-
lenging period for all those
involved in National Secu-
rity,” Mr Turnquest said,
“it is also one of the most
exciting times in the his-
tory of the Defence Force
as it undergoes significant
transformation and
upgrade.”

He added: “I urge you
to continue to be confi-
dent in your abilities, be
proud of who you are and
the institution that you
represent. There will be
challenges ahead but you
must continue to wear
your uniforms with pride
and honour, as we remain
committed to serving and
securing the citizens of this
nation.”



THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 7



LOCAL NEWS



di ie

eee mE ei
Fiore ane,

Baa yaa)
Santander

Banco Santander Bahamas International Bank Limited
Applications are invited from suitably qualified Bahamians for the following position:



ASSISTANT MANAGER — GROUP FINANCING



69TH ANNUAL
BAHAMAS RED
CROSS FAIR

Bachelor's Degree im Business Administration or Finance

A minimum of S years in banking with a large international institution.
Ability to speak and write English and Spanish fluently.

Experience in Analysis of Financial Ratios, Variance Analysis, Management
Information Systems, Forecasting, Budgeting, Accounting in the European
market and Management of Derivative Instruments.



SCENES from Satur- Knowledge and working experience with all Microsoft Office applications,
day’s 69th Annual Betty Ta ylor Ability to evaluate financial reports sent to our Head Office, create and/or
Bahamas Red Cross Fair. | implement new financial reports according to Head Office guidelines and

The event was held in t streamline the business segments.

the lower gardens of Gov-
ernment House Grounds
and featured rides, games,
food and fun for the whole
family.

Governor General Sir
Arthur Foulkes (centre
picture) was also present.

Pessimistic people keep
opportunities buried---not to
become alive again---but
an optimistic person will
ae retrieve all, and put them

Tribune staff
high on the mountain top

~ DBety Taylor

BLOW OUT SALE

ALL OLD INVENTORY MUST GO!

1998-2001 Hondo Meco $6/500.00
rr
1997 Toyota Wittd ott, ..crverniesesmreseenenar $6,900.00

Compensation aod other benefits commensurate with qualifications and experience

Applications in writing with details of education and experience should be addressed
to the Director of Homan Resources, Santander Bank & Trost Ltd., P.O. Box W-1682,
Asso, Bahames or vin fax te 32 79545 not later than March 14, 20101.



eee erie erence: IT’S A TIME
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SPECIAL GUEST SPEAKERS & PRESENTERS:
BISHOP CLAYTON MARTIN

General Presbyter

BISHOP DAVID BRYAN

Global Outreach Director

BISHOP ROBERT DAVIS

State Overseer of Florida

BISHOP JEFFERY DAVIS

State Overseer of North Carolina
BISHOP TIMOTHY COALTER
State Overseer of South Carolina
BISHOP CLARENCE WILLIAMS
Overseer of The Turks & Caicos Islands

BISHOP DON BROCK
MR. ELLISON GREENSLADE

Commissioner of Police

MINISTERING IN MUSIC ARE: The National
Convention Choir, the Convention Praise
Team, Tabernacle Concert Choir, and other
Church Choirs, Praise Teams, Soloists, and
Singing Groups. The Bahama Brass Band,
Bahamas Youth and Junior Brass Bands,
and the Crusaders Brass Band will provide
special music.

Monday, March 14th, 2011
Bishop Dr. Elgarnet B. Rahming, CMG,
DD, JP, National Overseer and Modera-
tor will deliver his Annual National Ad-
dress on Monday, March oS
ZNS Radio “aff and 810A

over

a ee,
W icc ON TO:

Sunday, March 20th, 2011

The Convention closes on Sunday, March
20th, 2011 with the Annual Parade and
Water Baptismal Service at the Western Es-
planade, and with the live ZNS Radio 1540
AM, 810 AM and ZNS TV 13 evening broad-
cast service. During this service, the National
Overseer, Bishop Dr. Elgarnet B. Rahming will
deliver the final message on the Convention’s
theme.

|

Moderator:/
PE eye ae F
ane B. {
Bee sc laterttetg
- Minister |
Jacqueline B. *
Rahming

aii! kadai - I Village Road 7 Shirley Street www.cogopbahamas.org a.
of How Serving ive Te 394.03 23 5 OR: 39 4-1 377 FOR Li W Ap the SESSIONS" i
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7 Tel: 341-1070/ 1 * Fax: 341-1072

For further oo call 322-3097 - =o



P pe



PAGE 8, MONDAY, MARCH 7, 2011

THE TRIBUNE



Compliance Commission checks money laundering

By GLADSTONE
THURSTON

Bahamas Information
Services

FROM blacklisting a
decade ago, financial services
in the Bahamas has rebound-
ed to sound footing thanks to
the diligence of the nation’s
compliance regimes.

They are responsible for
ensuring a clean industry, free
from abuse by money laun-
derers.

Stephen Anthony Thomp-
son, BSc MBA, CAMS,

Inspector at the Compliance
Commission, reflected on the
outcome of events that almost
derailed the Bahamas’ bur-
geoning financial services
industry.

“If there is one positive
thing coming out of the black-
listing,” he said, “it is that now
all regulators are working
together to make sure that
nobody will be able to per-
form those criminal activities
without being captured.”

A Certified Anti-Money
Laundering Specialist
(CAMS), Mr. Thompson

serves as liaison between the
Commission and regional and
international bodies, and par-
ticipates as part of The
Bahamas’ delegation to the
Caribbean Financial Action
Task Force plenary.

List

He assisted in strengthen-
ing The Bahamas’ regulatory
regime, which led to its delist-
ing and removal from the
Financial Action Task Force’s
monitoring list.

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ourner-

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A Master Class Series

Beginning March 2011 - 2% Day Master Class in
INSTRUCTION OF READING

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Lawyers, accountants, real
estate agents, and credit
unions had been of special
concern to the monitoring
agencies. The Compliance
Commission addresses those
concerns.

Created by section 39 of the
Financial Transactions
Recording Act, the Compli-
ance Commission is the finan-
cial services’ regulatory body
with responsibility for the
non-banking sector — those
institutions not regulated by
the Central Bank of The
Bahamas, the Securities Com-
mission, or the Insurance
Commission.

It is an independent statu-
tory body within the portfolio
of the Minister of Finance. It
has three commissioners —
Philip Stubbs (chairman),
Rowena Bethel (executive
commissioner), former
banker Oswald Munnings.

Mr. Thompson is responsi-
ble for the Commission’s dai-
ly function.

Those institutions that fall
within the purview of the
Compliance Commission are
now required to submit to an
on site examination.

Business

“The only way we are able
to know what they do is for us
to go into their business and
check to see whether or not
they have policies and proce-
dures to prevent people from
laundering money and to
ensure that they are in effect,”
said Mr. Thompson.

In 2000, The Bahamas’
financial services industry was
negatively rated by the moni-
toring international commu-
nity.

There were three main
areas of concern, he recalled.
The Financial Action Task
Force (FATF) said The
Bahamas was not doing suffi-
cient to fight money launder-
ing; the Financial Stability
Forum said that because of
the size of the financial ser-

vices sector in The Bahamas,
the regulatory structure was
not as strong as it should have
been; and the Organisation of
Economic Cooperation and
Development (OECD) said
that The Bahamas was a tax
haven.

In response, the Govern-
ment passed 11 pieces of leg-
islation to strengthen the
financial services sector. One
was the Financial Transac-
tions Recording Act which
addressed the view that a cer-
tain group was being left
unregulated.

“Worldwide it was believed
that because the banks
strengthened their processes,”
he said, “people started look-
ing at other ways of getting
their money cleaned up.

“And so there came the
avenues of real estate brokers,
accountants, lawyers, credit
unions...and that is why the
Compliance Commission was
created, to look after that
group,” said Mr. Thompson.

He was convinced that
some of the criticism levelled
against The Bahamas leading
to blacklisting were not justi-
fiable.

“The main criticism in The
Bahamas was that not suffi-
cient persons were sure about
how we were regulating finan-
cial institutions,” he said.

“Because they would have
interviewed and spoken to
different people, they got dif-
ferent stories, and the truth
about it, J am not sure they
were able to make sense of
how we were regulating. I tru-
ly believe that we were regu-
lating.

“However because we were
not able to defend ourselves
and give them a proper story
as to how we were regulating,
they stepped away and said
“Those people, either they
don’t know what they are
doing, or they are involved in
criminal activity’.

“T do not think there was
much money laundering
going on. However because

of the way the regulators
operated, almost in silence,
we were not sure what the
others were doing.

“So, what the blacklisting
really did was to bring to bear
the importance of regulators
working together.”

As there are hundreds of
financial institutions to be
supervised, the law allows the
Commission to appoint inde-
pendent auditors to act as its
agents. It has been using pub-
lic accountants licensed by the
Bahamas Institute of Char-
tered Accountants (BICA).

Last week the Commission
and (BICA) brought into
effect a memorandum of
understanding crystallising the
administrative protocols
between them.

Features

The main features of the
document are:

The Commission will advise
BICA of each of those
accountants who request to
be its agents.

BICA will ensure that per-
sons who want to act as agents
of the Commission get the
requisite training. The Com-
mission has training seminars
each year for accountants and
only those that attend them
will be appointed agents.

Participation in the Com-
mission’s anti-money laun-
dering seminars will be equiv-
alent to BICA’s continuing
professional education hours
accountants need each year.

The Compliance Commis-
sion will be a part of BICA’s
annual Accountants Week.

The Compliance Commis-
sion then issues letters of
appointment to accountants
who qualify authorising them
to act as its agents.

And, as the financial ser-
vices industry grows, compli-
ance to financial services reg-
ulations is opening a new field
of vocation. More Bahamians
are becoming certified anti-
money laundering specialists.

BEST BUY

FURNITURE





O
al
_





Bedroom Sets
Living Room Sets
Coffee Table Sets

Warehouse Clearance

- SALE



0%

Accessories
Lamps
Dining Tables

Saturday

March 12, 8:30am - 5:30pm
Mackey St. Behind Albury’s Supply





THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 9



LOCAL NEWS



D n n Fr r NEW DOWNTOWN BUSINESS OWNER:
Entrepreneur Denyse Lowe, proprietor of

Petal Party Ltd., arranges a unique floral

arrangement at the counter of her newly

sees the benefits of â„¢ FO oe a
revitalisation project

FREEPORT is said to
be reaping the benefits of
revitalisation efforts as
more than 30 businesses
have opened in the down-
town area between June
and February.

President of The Grand
Bahama Port Authority,
Limited (GBPA) Ian
Rolle, said the figures are
encouraging.

“The success of the
Downtown Turnaround
Project can be seen in the
increase of new businesses
in the city centre,” he said.

“The revitalisation has
brought about a new spir-
it, which has led to
renewed optimism
amongst store owners,” he
said.

Mr Rolle further noted
that along with the usual
retail establishments
catering to clothing, hair
or footwear, downtown is
beginning to attract a new
breed of entrepreneurs,



The Mercedes-Benz C-Class

Your most enjoyable drive ever.

including florists, pastry The Mercedes-Benz C-Class is a pleasure to external conditions and your own
artisans, event planners, to behold offering a new interpretation of particular needs. The key to this flexible
lawyers and property man- driving pleasure. Its taut lines lend it an response is the standard-fit Agility

agement consultants.

He said: “We're defi-
nitely excited at the num-
bers and the shift in prod-
ucts being offered. GBPA
sought to ‘make it happen’

air of effortless superiority while the wide
radiator grille and distinctive rear section
announce a vehicle with a real presence
and dynamic personality. The interior offers noticeably more
space and a more distinctive atmosphere

Control Package which includes
selective damping.



- . = = — Few cars can compete with its ability to
NOVELTY GIFT AND HOME DECOR ITEMS: Visitors to Freeport’s

; ; i = to suit your taste. As you will see, the
aoe downtown area can enjoy a greater array of items for sale as budding AOC eos ce ee _ C-Class is the perfect embodiment

as entrepreneurs offer innovative products. : : : :
entrepreneurial ideas.” : : so quickly and precisely in response of the Mercedes-Benz philosophy.

The GBPA has com-

oti ian ori EMPLOYMENT OPPORTUNITY

growth to that of the
International Bazaar CONSERVATION COORDINATOR

which suffered the closure OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY
of more than 50 of 85 busi- Nature Congernancy Nerthern Caribbean Program is COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES
nesses there between 2004 on RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY.
and 2009, and then the
return of more than 35
businesses when the
GBPA introduced its one- tals q res eee mms
year business license Rie EM oe Rt CMs glee iets
exemption. Aleem Ser

Proprietor Denyse
Lowe, opened Petal Party
Ltd in downtown Freeport
two days before Christmas
and said her sales have
been phenomenal.

“When we opened,
there were no phones,
signs on the door, or
advertising but we did
extremely well through
just word-of-mouth and a
lot of foot traffic,” she

emeereees ANNUAL GENERAL MEETING

volume of customers
attracted her to the area

and she set up two stores BASRA Head qua rters,
in the Seventeen Centre, a

location she firmly M arc h 3 1 st 5 2 0 1 1
believes in after enjoying
successful Christmas and :

Valentines holiday sales. 7:30 pm.

“For persons consider-
ing Opening up in the All members are urged to attend

PTR Cees eg Meme carte ee eles atl

Tuitspisrd Cpe ed = should apedy in writing wilh full detads,



Bahamas Air Sea Rescue Association



downtown area, I'd tell . Tyreflex Star Motors
them not to be afraid,” Ms Refreshments will be served. Wulff Road, P. 0. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 * Fax 242.323.4667
Lowe said.

“There is a lot of activ-
ity, it’s busy and the feel
and atmosphere are
changing.”

The Downtown Turn-
around Project committee
and other governmental



You are cordially invited to attend

and non-governmental A presentation by Dr. David T. Conley
agencies have commenced PROFESSOR OF EDUCATIONAL POLICY AND LEADERSHIP
initial discussions about FOUNDER, CENTER FOR EDUCATIONAL POLICY RESEARCH, UNIVERSITY OF OREGON

planning upcoming activi-
ties for the downtown

area. ° °
Mr Rolle said: “We are YO! Via
excited about the city’s re- Suiitiiag CPA EEO’ CL tidliiy

development thus far and
look forward to increased

growth. NEXT STEPS FOR CREATING

“Research has shown A COLLEGE AND CAREER READY CULTURE
that downtown festivals +> The rapidly changing world offers tremendous opportunities for The Bahamas
have and continue to pro- to grow and thrive as a nation. Every Bahamian has a role in charting the path,

vide the venue for the



az
including teachers, business leaders, community members, parents and students.

athering of people and i
tbat eareoik of art This session will discuss the next steps in developing a culture of college Waotan eo
and culture. As evidenced and career readiness in the home, school, and community.
by the ‘Angels of Hope’

Christmas Concert held in Thursday, March 24th, 20114

December, business own-

ers and residents are 7:00 pm - 9:00 pm

thrilled with the transfor- INDEPENDENCE BALLROOM B

mation that has taken SHERATON NASSAU BEACH RESORT, WEST BAY STREET

place downtown and are

eager for cultural events Admission is free of charge and there will be a question and answer session

and related activities to
return to the city’s cen-

tre.” RSVP T 362 4910 or email speakerseries@lyfordcayfoundation.org COLLEGE CONNECTIONS THE SPEAKER SERIES



PAGE 10, MONDAY, MARCH 7, 2011

Leet ey.

PROPERTIES LISTED FOR SALE

Contact Account Officer listed below by using number code for each property.



HOUSES/APARTMENTS/COMMERCIAL BUILDINGS

NEW PROVIDENCE

801) Lot#18 in Sandilands Allotment on the
western side of Crosswind Road between Sea-
breeze Lane and Pineyard Road in the Eastern
Distract of The Island of New Providence-The
Bahamas, containing single storey private resi-
dence comprising the following: covered en-
ry porch, living room, dining room, kitchen,
aundry room, family room, sitting area, 4 bed-
rooms, 2 bathroom and patio. The total area
ofland is approximately 7,641 sq ft. Appraised
value $238,900.

801) ‘Two parcels of land containing 21,120
sq.ft. situated on the southern side of East
Shirley Street and 100 feet west of its junction
with “Shirlea” in the Eastern District of the Is-
and of New Providence — The Bahamas. Situ-
ated thereon is a Gas Station and Auto Repair
Shop. Appraised value $492,000.

805) Single Family Residence located on the
Northern Side of West Bay Street, and immedi-
ately East of Caprice Condominium Complex
Cable Beach). The home of 5,854 square feet
consist of 5 bedrooms, 4 1/2 bathrooms, de-
ached building (double car garage) is 686 square
eet, with reinforced sea wall, swimming pool &
deck. The waterfront property has aland size of
20,994 square feet. Appraised Value $1,512,571

801) All that parcel or lot of land being Lots
#10 and 11 in Block 29 of Coconut Grove Sub-
division, containing a shopping plaza. The lot
is trapezium in shape, 8,383 square feet. Ap-
praised value $315,000

803) All that piece or parcel of lot contain-
ing 6,887 sq ft. situated on the Eastern side of
East Street North. The property is completely
utilized by a commercial building. Erected on
he property is a two storey masonry structure
with gross area consisting of the following: Floor
Ground & Second) - 3,341 sq.ft, Storage - 5,320
$q.Ft, Lunch Room - 715 sq.ft, Patios & Walk-
way - 1,500 Sq.Ft. Appraised value TBA

803) All that piece or parcel of lot contain-
ing 8,075 square feet situated on the Northern
side of Sands Lane Fort Fincastle City District.
The property is commercially zoned with an old
Bahamian style building constructed of wood
tame with cement stucco walls. The building
has a ground floor porch, 4 Offices, Reception,
‘itchenette and Storage. Upper level - 2 Offices,
Conference room, | Bathroom & Storage. The
oor is approximately 2,500 square feet with
porch area 190 sq.ft. Appraised value TBA

811) Residential/Commercial property, lot#
37, located Culmersville, Eastern District, New
Providence with a size of 4800 sq. ft. The prop-
erty contains a 2 storey 1500 sq ft building, up-
et level: 2 bed 1 bath apartment, lower level:
Beauty salon. The building finishes: 8” concrete
block wall, 4” concrete partitions, asphalt shin-
gle roof, tiled floors, wood ceilings, private wa-
er system, standard electrical and plumbing
fixtures, central air-condition (split system),
burglar bars. Appraised value $191,000.

811) Two lots #248 & 249 located Dorsettville
Subdivision, Southern District, New Providence
on which an incomplete building is situated.
The properties are residentially and multi-fam-
ilyzoned, with graded, incomplete landscaped
and fenced in on 3 sides. The building is 4266
sq ft with a 2 storey multi-family at the roof
stage with 1 bedroom unit attached. There are
accommodations for the upper floor: 4 units
bed 1 bath each- 3 units, 1 bed 1 bath each,
Lower floor - 2 bed 1 bath. Garage converted
‘0 1 bed 1 bath, which is 90% completed with
a tenant. Appraised value $296,000.

801) Single-family/ multi-family residential
roperty situated 1/4 mile east of South Ocean
Boulevard in the Western District of New Provi-
dence consisting of a portion of lot #15 comprised
of 0.472 of an acre containing a 3 bedrooms, 2
/2 bathrooms residence and three residences
under construction; Appraised value $250,000.00.
Other portion of lot #15 vacant, comprised of
0.574 of an acre; Appraised value $170,000.

901) Parcel of land situated in the subdivision
of Gleniston Garden 11,250 sq ft Lot#9 block 20
in the district of New Providence containing a

0 storey residence, ground floor contains a
itchen, dining room, lounge, a family room,
a veranda at the front and side with a patio to
he back of the house. The upper floor con-
ains 2 bedroom, 2 bathrooms, walk in closet
and a storage area with a balcony to master
bedroom. Approx size of building 2900 sq ft.





























NEW PROVIDENCE

801) Vacant property located 40 ft. east of
Balls Alley on the northern side of East Shirley
Street and known as “Old Plantation Inn”, in the
eastern district of New Providence. Property size
7,113 sq.ft. with open zoning. Appraised value
128,000.

801) Three single-family/ multi-family resi-
dential vacant parcels of land being Lots # 10,
1 & 12 situated on the Southern side of Fire
[rail Road in the Western District of New Provi-
dence. Property sizes are Lot #10 - 8,967 sq. ft.,
Lot #11 - 9,015 sq.ft, and Lot#12 - 6,774 sq.ft.
Appraised value: $85,000 for each lot.

801) Vacant Lot No. 1A, located on the east-
ern side of Fox Hill Rd., 235 feet north of Prince
Charles Drive, Nassau, Bahamas. The openzoning/
multi-family property size is approx. 10,322.05
sq.ft Appraised value $150,000.

569) Lot ofland in the subdivision called and
nown as EASTERN ESTATES in the Eastern
District of the Island of New Providence being
Lot Number 14 in Block Number 9. property is
approx 7,044 sq.ft. Appraised Value TBA.

569) All that piece parcel or lot of land be-
ing Lot No. 977 in the Subdivision called an

nown as “PINEWOOD GARDENS’ situated in
he Southern District of the Island New Provi-
dence. Appraised value $65,000.

569) All that piece parcel or lot ofland locate
on Marigold Road in the Subdivision known as
Kool Acres. Lotis approx. 7145 sq. ft. Appraise
value $93,000.

569) Vacant lot single/family zoning. Lot #
21 of the subdivision called “Southern Shores” /
Canaan Subdivision located on Marshall Road.
roperty size is some 67.86 feet on the sub roa
and 84.49 on one side, 55.21 at the back an
some 85.61 on the other side of 5,475 sq ft o
and space. Appraised value $86,000

569) Undevelopedlots # 4A, 16,17, 18and19
ocated Chapman Estates, West Bay. Appraise
value $348,000.

569) All that piece parcel or lot ofland being
Lot #11 of the “Lee Acres” subdivision situate in
he vicinity of Sandilands Village in the Eastern















COMMERCIAL BANKING CENTRE
Tel: 242-356-8568

(800) Mrs. Monique Crawford

(801) Mr. Jerome Pinder

(802) Mr. Brian Knowles

(803) Mr. Vandyke Pratt

(804) Mrs. Hope Sealey

(805) Mrs. Tiffany Simms O’brien
(806) Mrs. Lois Hollis

(807) Mr. Lester Cox

(808) Mrs. DaShann Clare-Paul

(811) Ms. Lydia Rahming

PALMDALE SHOPPING CENTRE

Tel: 242-322-4426/9 or 242-302-3800
(201) Mrs. Patrice Ritchie

Appraisal TBA

569) Lot#27 of Village Allotment #14 in the
Eastern District, containing residence situated
on Denver Street off Parkgate Road in the Ann's
Town Constituency, New Providence. Proper-

size 2,500 sq. ft. Building size 990 sq. ft. Ap-
raised value $50,000.

569) Lot#2in block #8, Steward Road, Coral
Heights East Subdivision situated in Western
District of New Providence, approx. size 8,800
sq. ft. with a split level containing two bed, two
bath, living, dining & family rooms, kitchen and
utility room - approx. size of building 2,658 sq.
ft. Appraised value: $322,752

569) Lot#20 with residential property located
Skyline Heights. Appraised value $280,000,

569) Lotofland being lot number 11 in Block
number 10 ona plan of allotments laid out by
Village Estates Limited and filed in the dept of
Land & Surveys as number 142 N..P and situ-
ated in the Eastern District of New Providence.
roperty contains three bed, two bath residence.
Appraised value $165,000.00

569) Lot B50 ftx 115.73 ft situated on the
north side of Shell Fish Road, being the third
ot west of Fire Trail Road and east of Hamster
oad with a one half duplex residential prem-
ises. Appraised value TBA

569) Lot#17 located Village Allotment with
ourplex — value - $500,000

569) Property situated on Williams Lane off
Kemp Road, New Providence, Bahamas con-
aining a two-storey house and an apartment
building consisting of 1800 sq ft. Appraised value
100,000.

569) Lot of land situated on Fire Trail Road
being a partition of Gladstone Allot #41 New
Providence, Bahamas containing townhouse
apartment unit and two proposed units (com-
leted as is). Appraised value $237,714.

569) All that piece, parcel or lot ofland situ-
ated on Cowpen Road (1000 ft east of the Faith
Avenue Junction) inthe Southern District of New
rovidence, Bahamas containing a duplex apart-
ment comprising of two - 2-bedroom/1-bath-
room apartments. Appraised value $175,000.00.

569) Lot ofland#382 situate on Chestnut St.
in Pinewood Gardens in the Southern District
of the Island of New Providence with a partially
constructed concrete residence thereon. Ap-
raised value TBA.

565) Lot# 1018 in Golden Gates Estates #2
Subdivision situate in the South Western Dis-
tict of the island of New Providence Containing
a single storey private residence 3 bedroom 2
bath. Property approx. size 6,000 sq. ft. Build-
ing approx size 2,400 sq. ft. Appraised Value













Lot # B Block B situate on Rosedale
in the Carey’s Subdivision containing
a four bedroom two bath residence. Building
size 1,234 sq.feet. Property size approx 4,500
sq ft. Appraised Value $149,000.

569) Single storey triplex, situated on Lot 615,
Mermaid Boulevard, Golden Gates #2 in the
Western District, New Providence. Two - two
bedrooms, one bathroom units and one - one
bedroom, one bathroom unit. The property is
zoned as Multi Family Residential, measuring
9,092 sq ft with the living area measuring 2,792
sq ft. Appraised value $374,192.00

569) All that Southwestern Moiety or Half Part
of a Lot of Land being part of a Tract of Land
now or formerly called “ANNSTOWN’” situate
Six Hundred and Ten (610) feet Southeast of
and of New Providence aforesaid and set out
as Lot #35 containing a duplex. Property size
50 ftx 50 ft Appraised $61,000.

569) Lot# Aand Bon Northern side of Car-
michael Rd. Nassau with building and foun-
dation for a warehouse. Property size 15,780
sq.ft). Appraised value $325,000.

569) Allthat piece parcel or lot ofland situate
on the East Side of Miller's Road and 2763.58
t South of Carmichael Rd. being Lot #B con-
aining a Triplex Property size 80’ x 100’ (8,000
sq.ft) Appraised Value TBA.
569) Lot #2, Block #5, Englerston Sub-Di-
vision, Southern District of N.P. containing a
artly completed building . Property size ap-
rox. 3,535 sq.ft. Appraised value $84,000













District of the Island of New Providence. Ap-
raised Value TBA.

569) All that piece parcel orlot ofland num-
bered Lot #3 being a portion of Lot #24 Crown
Grant A8.44 situate Road off Carmichael Roa:
in the Southern District of the Island of New
Providence. Property is 5075 sq ft. Appraise
value $50,000.

569) All that piece parcel or lot of land si
ated on the northwest comer of Butler's Lane
& Romer Street, Fox Hill in the Eastern Distric
of New Providence. Appraised value. $57,000.

723) All that piece parcel or lot ofland being
Lot #5 in Block #9 in the Subdivision known as
Millar Heights situate in the Western District o
he Island of New Providence. Property is 75’ x
00’ approx 7,500 sq.ft. Appraised value TBA.









569) All that piece parcel or lot ofland locate
Coral Heights East. Appraised value. TBA.

570) Allthat piece parcel or lot ofland known
as Lot# 5 being aportion ofalarger tract oflan
nown as Lot # 11 of Southern Shores Subdi-
vision situate in the Southern District of the
sland of New Providence. Property is 62.22’ x
09.29’ approx 7,019 sq.feet. Appraised Value
80,000.

569) Lot of land being Lot #5 in block #5 in the
Subdivision called and known as Baillou Dale
situated in the Southern District in the Island
of New Providence, Bahamas. Appraised value
TBA.

569) All that piece parcel or lot ofland being
Lot #5 of the Forest Drive Subdivision situated
South of Camperdown Drive and approx.300
.West of Culberts Hill Drive located in the East-
ern District of the Island of New Providence.
roperty is 15,681 sq.ft. and is hill top. Appraised
value $201,000.00.
569) Lot of land being Lot #21 Grantanna
Subdivision situate in the Western District of
he Island of New Providence in the Common-
wealth of the Bahamas. Property is approx 6,505
sq.ft Appraised value $80,000.

571) Lot of land being a portion of Lot #5
of block E situated in Garden Hills Subdivision































008) Propertycontaining 3 bed bath home
Single Family Residence. All that piece of par-
cel or lot ofland being Lot. Number 2819 lying
within the Subdivision known as Cedar groves
Estate situated in the Southern District of the Is-
and of New Providence in The Commonwealth
of the Bahamas. Property Size 8,250. Appraised
Value $157,100.00

569) All that piece parcel or lot of land situ-
ate North of Believers Gospel Chapel, Prince
Charles Dr. identified as Parcel “B” and con-
aining thereon a four unit Apartment Com-
plex. Property size is 20,931 sq ft. Appraised
value $447,600.

569) All that piece parcel or lot of land situ-
ated in Englerston being Lot #12 and #13 con-
aining an incomplete triplex apartment . Ap-
raised value$195,000.

569) All that piece parcel or lot of land situ-
ated Pinewood Gardens containing thereon a
hree bedroom residence. Appraised value $
85,000.

569) All that piece parcel orlot ofland num-
bered Lot #262 Australia Blvd., Elizabeth Estates
containing thereon a Three (3) bedroom tresi-
dence. Appraised value $110,000.00

569) All that piece parcel or Lot ofland num-
bered 1802 in the area called and known as Pine-
wood Gardens Subdivision on the island of New
Providence and contains thereon a 1,449 sq.ft.
building. Said Property is 5000 sq.ft. Appraised
Value $179,000

569) All that piece parcel or Lot ofland num-
ered #35 and #36 in Block #23 in the area called
and known as Nassau Village Subdivision on the
island of New Providence and contains thereon
a 915 sq.ft apartment building. Said Property
is 5000 sq.ft. Appraised Value $178,000

569) Lot #201 Arawak Avenue of Pyfrom Es-
ates Subdivision situated in the Eastern Dis-
rict, New Providence Island and containing
hereon a 3-bedroom residence. Lot approx.
6,000 sq ft. (60’ x 100’). Appraised value TBA

301) Lot#659 on the northwestern side of
Malawi Street, Elizabeth Estates East Phase 2, Ya-
macraw constituency, New Providence island.
Lot of the land - 5,085 sq ft. with a 22-year old
single level residence, 3 bedrooms, 1 bathroom.
Appraised value $94,871

569) All that piece parcel or plot ofland com-
prising 2,513 sq.ft. situated on the Eastern side of
Armstrong St. and approx. 30ft. north of Shirley
St. containing a two-storey wooden structure.
Appraised Value $152,325

569) Lot of land on the east side of Miller's
oad (now known as Bacardi Rd) and 2,763.58
eet south of Carmichael Rd in the Southern Dis-
rict of the Island of New Providence and con-
aining thereon a duplex (2bed 1 bath).Build-
ing is 1,616 sq.ft. and property is 8,071 sq ft.
Appraised value $180,000.

569) _ Lot ofland being Lot #A4 of the subdi-
vision known as Johnson Estate situated in the
Eastern District, N.P, and containing thereona

‘0 storey concrete building. Appraised value
277 ,000.

569) Lot oflandknownas Lot #231 in Treasure
Cove Subdivision situated in the eastern District
of New Providence and containing thereon a
3-bedroom 2-bath residence with swimming
pool and other amenities. Building is approx
,775 sq.ft and property is 6,200 sq.ft. Appraised
Value $474,340.

569) Lotofland in Shirley Heights Subdivi-
sion being Lot #8 Block 21 containing thereon
a 3-bed 2-bath concrete building. Appraised
value $155,000.

571) Lot Number 223, Coral Harbour Water-
ways Subdivision, Western District, New Provi-
dence containing a split level 5 bed 4 1/2 bath
residence, Living space is 5,200 sq.ft. Property
is 10,654 sq.ft. Appraised Value $992,000

569) Lot of land being Lot number 676 in
he Subdivision called and known as Pinewood
Gardens situate in the East-Central District of
he Island of New Providence and containing
hereon a 3-bedroom 1-bath concrete residence.
Appraised Val TBA.

569) Lots ofland being Lots number 359 and
674 in the Subdivision called and known as Sta-
pledon Gardens situate in the Western District of
he Island of New Providence, containing thereon
rental units. Appraised value TBA





















































VACANT PROPERTIES

in the Southern District of the Island of New
Providence. Property is vacant and measures
9,406 sq ft. Appraised Val $312,000.

571) Lot ofland being Lot #24 in a Subdivision
nown.as and called “Rhoda's Vineyard situate
in the Southwestern District of New Providence.
Prop. is 7,256 sq.ft. Appraised value $90,700.

569) Lot of land having an area of 7000 sq.ft.
being Lot #12 Yamacraw Beach Estates in the
eastern district of New Providence. From the
intersection of Fox Hill Rd and Yamacraw Hill
monto Yamacraw Hill Road, take the firs
rner on the right, take the first left and prop-
y is second property on the right. Appraise’
ue $9 1,000.

9) Lot #2 situated on the western side of
Iden Isles Road South of Carmichael Rd. in the
stern District of New Providence. Appraise
ue $65,000.00.

569) Lot ofland situate offCowpen Road an
ounded by Silver Gates Subdivision measur-
ing 90’ x 110’ and zoned multi-family. Appraise
value $118,000.

565) Lot of land situate in the Western Dis-
tict of the Island of New Providence being Lo
1B of Coral Harbour Village Subdivision. prop-
erty is 25 sq.ftx 70 sq.ft. Appraised value TBA.

008) All that piece parcel oflandlot #5 & 6 in
he Nassau Village Subdivision situated in the
Holy Cross Constituency in the Eastern Distric
in the island of New Providence. Containing a

single family concrete dwelling. Appraised value
BA.















570) Lotofland being Lot# 15 Block #17 on
he Eastern side of West Avenue located in Miller's
Heights Subdivision. Property is zoned multi-
amily and is 75’ x 100’ (7,500 sq.ft.). Appraised
value TBA

FREEPORT

801) Vacant property located Bahamia South.
Block 16 lot 9A, Freeport, Grand Bahama con-
sisting of 24,829.20 sq.ft. Appraised value 52,000.

802) Vacant Commercial Lot No: 3A, Block
60 Bahamia Subdivision VI containing 3 acres
located Freeport, Grand Bahama. Appraised
Value $463,914.



OFFICERS

NASSAU MAIN BRANCH

Tel: 242-322-8700

701) Mr, James Strachan

301) Ms. Thyra Johnson

304) Mrs. Alicia Thompson
MACKEY STREET BRANCH

Tel: 242-393-3097

601) Ms. Nicole Evans

JOHN FE. KENNEDY DRIVE BRANCH
Tel: 242-325-4711

401) Mr. Robert Pantry
PARADISE ISLAND BRANCH
Telephone: 242-363-1404

550) Ms, Cherelle Martinborough

Tel: 242-393-7505/8

501) Ms. Nicola Walker
505) Ms. Patricia Russell
CABLE BEACH BRANCH
Tel: 242-327-6077

466) Mr. Derek Sturrup







PRINCE CHARLES SHOPPING CENTRE

LOAN COLLECTION CENTRE
Tel: 242-502-5170/502-5180
716) Ms. Quincy Fisher

717) Mrs. Nancy Swaby

723) Ms. Deidre King

725) Ms. Marguerite Johnson
565) Mrs. Catherine Davis
569} Mrs. Vanessa Scott

570) Mr. Elton Kemp

571) Mrs. Faye Daniels

572) Mr. Ryan Brown

573) Ms. Annisha Wilson
NASSAU INT’L AIRPORT

Tel: 242-377-7179

433) Mrs. Renea Walkine
LYFORD CAY BRANCH

Tel: 242-362-4540 or 242-362-4037
101-N) Mrs. Lindsey Peterson
GOVERNOR’S HARBOUR,
ELEUTHERA

Tel: 242-332-2856/8

902) Ms. Evette Burrows
HARBOUR ISLAND BRANCH
Tel:242-333-2230

901) Ms. Velderine Laroda





808) Lot of land situate on the Northern side
of Delancy Street with newly constructed 2-1/2
storey office building. Property size is approx.
4,938 sq. ft. Appraised value $992,000.

501) Lot ofland with rental complex situated
in Union Village Nassau, Bahamas. Appraised
valued $50,000.

569) Lotoflandsituate on the Southern side
of Martin St and containing thereon a trip
2) 2bed 1 bath units and (1) lbed 1 bth uni
and a duplex (2) 2 bed 1 bth units. Property i
7,245 sq.ft. Appraised value: TBA

569) Lot of land referred to as Lot #1 in the
immediate vicinity of Golden Gates #1, which
is located on the western side of Mutton Fish
Drive approx 970 ft south of Bird Road in the
Southern District of New Providence. Property
contains thereon a Car Wash Shed-571 sq ft,
office(Beauty Salon)-204 sq ft, Restaurant and
Bar Bldg — 1,490 sq ft. Total property is approx.
5,000sq ft. Appraised value TBA

573) Lot ofland situate in the Southwestern
District of the Island of New providence and be-
ing Lot#13 of the Subdivision called and known
as Sunshine Park Estates.containing thereona
60’ x 30’ foundation for a duplex. Property is
5,000 sq.ft. Appraised value $65,000.

571) _Lotofland being Lot #6 situate in Gar-
den Hills #2 Subdivision in the Southern Dis-
tict of the Island of New Providence and con-
aining thereon a partially completed shopping
plaza which measures 8,960.sq.ft Property size
is 17,000 sq.ft. Appraised value $448,000.

571) Lot ofland situated in Boughton Estates
ocated immediately south of Southern Heights
Subdiv. And north of Cowpen Rd. and contain-
ing thereon an incompleted duplex bldg. Prop.
8 8,737 sq.ft. bldg is 1,740 sq.ft. Appraised value
131,000.

572) Lot ofland situate in the Eastern District
of New Providence being Lot #4 Wulff Road and
containing thereon an office building. Property
is 4,500 sq. ft (50’ x 90’) Appraised value TBA

571) Lotofland being referred to as Parcels
A&B situated on comers of Nassau Street and
olhemus Street and containing thereon a single
storey concrete church building approx 1,868
sq.ft. Property is 10,071 sq.ft. Appraised value.
217,960.

725) Lot of land referred to as Lot #3 Block
#1 in Churchill Subdivision 100 feet North of
Soldier Rd in the Eastern District of the Island
of New Providence and containing thereon a
concrete Triplex apartment building, Property
is 4,750 sq.ft. Appraised value TBA.

(801) All that piece, parcel or lot oflandcon-
taining approx 35,957 sqft, located on the South-
ern Side of Bernard Road, approx 500 feet West
of St. Augustine College Entrance. The property
contains two concrete block structures and a
wooden work shed, which houses a tyre and au-
tomobile repair shop. Appraised value $490,478.

(572) Lot ofland being Lots #14 and# 15 Block
#3 in Shirley Heights Subdivision on the north-
em side of Winchester Street and containing a
business office and warehouse building. Prop-
erty is 15,797 sq ft. Appraised value TBA

572) _ Lotofland being Lot# 12 onthe Northern
side of Poinciana Drive and containing thereon
a two-storey building. Appraised value TBA



































FREEPORT

(008) Single Story tri-plex building, one 2
bedrooms and two 1-bedroom located on a
multi-family Lot No.4, block 3, Shirley Lane,
section 1, Bahama Reef Yacht & Country Club
Subdivision, Freeport Grand Bahama. Property
size is approx. 16,621 sq. feet. Appraised value
$348,000.

(103) All that piece parcel of lot of land and
improvements thereon knownas No.3 block 31
Bahamia Marina & Section IX located in south-
western city of Freeport Grand Bahama Island.
Approx. 13,070 sq.ft. or 0.30 acres property con-
tains duplex dwelling Appraised value $300,000.

(101-F) Residential Canal Lots 30, 31 & 32, Block
1, Pine Bay Subdivision Freeport, Grand Baha-
ma, containing two storey House, 4 bed, 3 baths
Situated on 1.62 Acres ofland. Appraised value
$1,372,200



108) Vacant Single Family Lot #5 Block F Ba-
hamia South Sub, Freeport, Grand Bahama.Ap-
raised value $35,700.

569) Undeveloped lot #149. Seafan Lane, Lu-
cayan Beach Subdivision. Grand Bahama, 18750
square feet. Appraised value: TBA

569) Vacant land Lot #8, Block #19 at Baha-
mia West Sub Division (Port Area) of Freeport,
Grand Bahama Property size approx 25,500 sq
ft. Appraised value $65,000.

569) All that piece parcel or lot ofland being
Lot #1, Block N situated in Bahamia South Sub-
division, Freeport, Grand Bahama. Appraised
value $30,000.

571) Lot 89, Block 7 Aberdeen Drive, Baha-
mia West Replat Subdivision, Freeport, Grand
Bahama, consisting of 12,100 sq ft. Appraised
value $51,000.

569) Vacant property consisting of Lot #894
situated in the Freeport Ridge Subdivision, Sec-
tion#1, Freeport, Grand Bahama, Bahamas. Ap-
raised value: TBA

571) Lotofland being number ten (10) Block
Number Three (3) Bristol Bay Subdivision, Unit
One (1) in the City of Freeport in the island of
Grand Bahama, Bahamas. Property is approx
0,42 acre. Appraised value $55,000.

811) Vacant Lot of land located West End
Grand Bahama containing 8581 square feet or
.20 acres situated in Ginn Sur Mer subdivision,
in the island of Grand Bahama. Appraised value:
575,000.00.

811) Vacant lot of land #476, Versailles Sur
Mer Club & Resort, West End Plat No. 3 subdi-
vision, on the island of Grand Bahama, Baha-
mas. Appraised value $560,000.

910) Lot #16, Unit 5, Block 22 Clearwater Cove,
Lincoln Green Subdivision Grand Bahama, tesi-
dential property. Appraised value: TBA.

565) Lot of land situate in the Queen's Cove
Subdivision on the Island of Grand Bahama,
one of the Islands of the Commonwealth of the
Bahamas and being Lot #24 in Block 19, Section
. Lotis 75 sq ftx 125 sq.ft. Appraised value TBA.















ANDROS TOWN BRANCH
Tel: 242-368-2071

0) Ms. Bianca Simms
MARSH HARBOUR, ABACO
Tel: 242-367-2420

908) Mr. Julius Seymour
909) Mrs. Sylvia Poitier

910) Mr Kermit Curry
BIMINI BRANCH
Tel:242-347-3031

105) Ms. Italia Beckford
GRAY’S, LONG ISLAND

Tel: 242-337-0101

100) Mrs. Lucy Wells
EXUMA BRANCH

Tel: 242-336-3251

008) Ms. Joycelyn Mackey
FREEPORT, MAIN BRANCH
Tel: 242-352-6631/2

101-F) Ms. Garnell Frith
102) Ms. Elaine Collie

103) Mrs. Damita Newbold-Cartwright
108) Ms. Sylvie Carey
SPANISH WELLS

Tel: 242-333-4131 or 242-333-4145
560) Mr. Walter Carey









THE TRIBUNE



LOCAL NEWS



PLP caniidate says
people with new vision
are needed in politics

JEROME Gomez, the
PLP’s candidate for Kil-
larney, told a radio audi-
ence that persons with a
new vision are needed to
help bring about change in
the country's political
landscape.

Speaking as a guest last
week on the talk-show
“Jeffrey,” Mr Gomez said:
"We have the concept that
more young people should
get into politics.

“T believe it should be
more new people. There
has to be a changing of the
landscape now.

“We need a new vision,
we need some new blood,
whether it is old or young
but we have got to change
the direction we are going
in this country to make ita
better place," Mr Gomez
said.

Regarding the Progres-
sive Liberal Party, Mr
Gomez said: “I believe the
party still believes in help-
ing those who are down-
trodden. I believe it has
some things it needs to fix,
however, but I think it still
has its focus on achieving
empowerment of people.”

On the issue of the par-
ty rebranding its image Mr
Gomez said: "The party
can only do that through
zero tolerance for any-
thing corrupt and any per-
ception of corruption.

“For someone who is
going in public life you
have to put yourself out
there to be criticised and
people expect a higher
standard from you.

“So, aS soon as you
breach that trust I think
you ought to be made to
resign your post and the
party should put the pres-
sure on you to do so.

“We as a party have to
resort to a zero tolerance
towards corruption and
any form of conflict of
interest for people to see

change."
Regarding criticism of
party leader Perry

Christie's ability to lead
and be decisive, Mr
Gomez said: "It’s unfortu-
nate that Mr Christie has
let it stick to him.



PLP CANDIDATE
Jerome Gomez

“He has a good and
clear mind, he has a vision
for the Bahamas."

However, Mr Gomez
said that while he does see
some disharmony in the
party, he believes it can be
fixed.

"We have to accept the
fact that we will pull
together our ranks, line up
behind our leadership and
move forward in this next
general election.

“Everybody wants to
lead, everybody believes
it’s their time now. That's
the thing with politics," Mr
Gomez said.

Mr Gomez also noted
that young Bahamians
often feel as though their
Opinion does not count.

"We need some active
way of young people being
able to express their
views," Mr Gomez said.

He also noted that many
Bahamians are beginning
to feel like second class
citizens, losing out on their
share of the economic pie.
“We must build them up
to feel this country is for
them and that the oppor-
tunities are for them first,"
he said.

REAL ESTATE: Start
at the beginning

By MIKE LIGHTBOURN

WHAT'S the first question
you ask yourself when you’re
ready to buy a home or a
property? It should be,
“How much can I afford?”

Without that crucial piece
of information, you can’t
even begin your search. Fig-
ure your monthly income
and debt payments and
determine how much you can
put down.

Now, apply for pre-
approval from a number of
our local lenders, to shop for
the best interest rate and
terms.

Generally, the interest rate
is fixed and is adjusted up or
down depending on the
Bahamian prime rate.



Now, what do you want out of your new purchase? Do
you want to be close to town, close to where you work,
east, west, south, single family home, condo, vacant property,

etc?

Now that you’ve figured out what you’re looking for and
what you can afford, locate the general or specific neigh-
bourhoods that satisfy your requirements. Your BREA
real estate agent can help you further in answering your

questions.

Find your BREA agent through referrals or an interview

to get the right “chemistry.”

You can browse listings online, but your agent should
be able to provide a list of suitable properties quickly if

they are available.

Make appointments with your agent to go to the next
steps. My upcoming column will guide you through the

next steps!

(Mike Lightbourn is president of
Coldwell Banker Lightbourn Realty)



THE TRIBUNE

CARIBBEAN NEWS





ACTOR Sean Penn at the
Miraflores presidential palace.
Penn is ona one-day visit to
Venezuela to talk with Chavez
about his aid work in Haiti.
(AP)

SEAN PENN
THANKS HUGO
CHAVEZ FOR
HAITI AID

CARACAS, Venezuela
Associated Press

SEAN PENN thanked
Venezuelan President
Hugo Chavez on Saturday
for supporting the actor's
relief organization in
Haiti, saying the aid has
helped its humanitarian
work in distributing medi-
cines.

Chavez met with Penn at
the presidential palace and
praised the actor's efforts
with his J/P Haitian Relief
Organization, which was
founded in response to the
catastrophic 2010 earth-
quake in Haiti.

Neither provided details
about how much financial
assistance Venezuela has
provided to the group.

The Oscar-winning actor
noted that in addition to
Venezuela's financial help,
his organisation has also
received support from the
U.S. military.

Penn called that ironic,
adding: "We hope that this
kind of collaboration can
be an example for future
approaches to many other
issues" — in spite of limit-
ed U.S.-Venezuelan diplo-
matic contacts.

The U.S. and Venezuela
have been without ambas-
sadors since December,
when Chavez formally
rejected the White House-
‘s nominee for envoy ina
diplomatic dispute.

The U.S. government
revoked the visa of
Venezuelan Ambassador
Bernardo Alvarez in
response.

Penn has met four times
with Chavez in recent
years. Chavez has praised
the actor for his critical
stance toward U.S. foreign
policy.

The leftist president said
their meeting Saturday
was productive in dis-
cussing "new plans and
ideas."

"Sean is an activist of
the struggles for the
world's oppressed peoples,
and he's leaving for Haiti
right now," Chavez said
outside the presidential
palace when they emerged
from their meeting.

share
your
news

The Tribune wants to
hear from people who
are making news in
their neighbourhoods.
Perhaps you are raising
funds for a good cause,
campaigning for
improvements in the
area or have won an
award.

If so, call us on 322-
1986 and share your
story.



RBC§

MONDAY, MARCH 7, 2011, PAGE 11

PROPERTIES LISTED FOR SALE

Contact Account Officer listed below by using number code for each property.
HOUSES/APARTMENTS/COMMERCIAL BUILDINGS

EXUMA

(008) Lot #4742 Bahama Sound of Exuma No.6
a subdivision ofland situate at the southeastern
portion of The Forest Estate near Southside and
The Forest Great Exuma. Property size 10,000
sq ft. Building size 2400 sq ft. Consisting of 2-
1 bedroom and bath unit and 1-2 bedrooms
bath unit. Appraised value $219,200.

(569) Lot # 14867 “Bahama Sound” Exuma
is located about 10 miles northwest of George
Town Exuma and about 1 mile south of Emer-
ald Bay, The Four Seasons Resort and Roker's
Point. Located Mt. Thompson and Farmer's
Hill. The property is 10,000 sq ft in area with
80 ft frontage on Queen's Highway; the main
road. The property contains a partially com-
pleted apartment complex with five, 1 bedroom
units, 4 efficiency units and 1 shop space. Ap-
praised value $488,240.

(008) Property containing 3 beds 1-bath home
constructed of concrete blocks located Moss
Town and number 18 in The Department of
Housing Subdivision, Moss Town Exuma Ba-
hamas. Property Size 7853. Appraised Value$
31,800.
(008) Property containing 6 Units 1-bed 1-bath
apartment units to First Floor Belt Course. Par-
ially developed properties. All those piece or
ots ofland being Lot # 1679 and 1680 Bahama
Sound Subdivision, Exuma Number 3, Great
Exuma. Properties Size: 10,000 sq ft each. Ap-
praised Value $205,000.

(008) Partially developed property located
Golf Boulevard, lot# 20, Flamingo Bay Estates
near George Town, Exuma, Bahamas. The land
is 25,017 square feet and being developed with
a two storey apartment complex with a living
area of 1770 square feet. The building is com-
pleted to the first floor beltcourse and all elec-
tical, plumbing and other rough work have
been completed on the ground floor. Appraised
value $100,050.
(008) Developed property located lots #11165
& 11166, Bahama Sound #8, Great Exuma. The
and is 7,200 square feet containing duplex with
a building area of 1,706 square feet with (1) two
bed/2bath unit and (1) two bed/1bath unit.
Appraised value $185,376.
(008) Developed property located lot#9786,
Bahama Sound #9 situated at the northwest-
ern portion of the Forest Estate in he vicinity
of the settlements of Mount Thompson and
Farmer's Hill and ten miles south northwest of
George Town, Great Exuma. The land is 10,000
square feet developed with a single family resi-
dence with 1300 square feet of living area, con-
aining three bedrooms, and two bathrooms.
The building is constructed of hardi-siding.
Appraised value $154,000.
(008) Lot located about 10.5 miles north-
west of George Town, Bahama Sound #8 East
ot#6647, a subdivision of land situated at the
northeastern portion of The Forest Estate, in
he vicinity of Mt. Thompson and Farmers Hill,
Great Exuma, Bahamas. Site contains 10,000 sq
tand is developed with a duplex apartment,
containing 2-bed, 1-bath apartments. 2,160 sq
t living area of hardiplank construction. Ap-
praised value $198,000.

(008) Lot ofland#12975, #14 Bahama Sound,
Exuma (situated about 1-5/8 miles southeast-
wardly of George Town). Containing Hardi- plank
building consisting ofa triplex partial complete
2-1 bedrooms 1 bath and 1-bed 1 bath units.
Building size 2160 sq ft. Lot size 10,000 sq ft.
Appraised value $180,000.

(008) Lot#B-5707 situated approximately 11
miles north west of the settlement of George
Town, Bahama Sound No.7 east. Located be-
ween the settlements of Mt. Thompson and
he forest, Great Exuma, Bahamas. Containing
a triplex of two-1-bed 1-bath units and one - 2
bedrooms 1-bath unit. Building size 1705 sq
t. Property size 4,000 sq ft. Appraised value
216,980.
(008) Lot No. 9800, Bahama Sound No. 9, a
subdivision of land situate at the northeast-





















EXUMA

(569) All that piece parcel or lot of land be-
ing Lot No. 102 in the Subdivision known as
“EXUMA HARBOUR’ Great Exuma measuring
10,000 sq ft. Appraised value $20,000.

(569) All that piece parcel or Lot of land be-
ing Lots #961 and 962 Bahama Sound of Exuma
No.4, asubdivision ofland situate at the west-
ern portion of the FOREST Estate in the vicinity
of FOREST, Great Exuma, Bahamas. Property
is 20,000 sq ft. Appraised value: $20,000.

(569) Single family residential Lot# 11698 Ba-
hama Sound Subd. #11 West, Great Exuma. Size:
approx. 10,426 sq ft. Appraised value $15,000.

(569) Single family residential Lot No. 11703
Bahama Sound Subd. Number 11 West, Great
Exuma. Size: approx. 10,000 sq.ft. Appraised
value $15,000.

(008) Vacant lot ofland #6592 Bahama Sound,
Exuma No 8E, Great Exuma. Property Size 10,000
sq ft. Appraised Value $20,000.

(008) Partially developed parcel ofland being
0,000 sq.ft. situated about the eastern portion
of The Forest Estate in the vicinity of the settle-
ments of Southside and The Forest being Lot
Number 4803 in Bahama Sound of Exuma 6,
Exuma The Bahamas. Appraised value $25,000.

(008) All that piece parcel of lotand land on
the Island of Great Exuma one of the said Ba-
hama Islands and situate about ten and one-
half (10 1/2) miles Northwestwardly of George
Town which said piece parcel or lot of land is
number 10750 Bahama Sound O.A.E. 10,900
sq ft. Appraised value $65,000.

(008) Anundeveloped waterfront lot #12032
size 10,600 sq.ft. in the Bahama Sound of Exu-
ma Subdivision Number 11 West, Great Exuma,
Bahamas. Appraised value $224,000.

(008) Vacant Residential Property all that
piece parcel or lot of land being lot No. 12903
Bahama Sound No.14 a subdivision ofa tract
of land situated approximately 1 5/8 miles
southeastwardly of George Town, Exuma Ba-
hamas. Property Size 10,000 sq ft. Appraised
Value $20,000.

(008) Vacant Residential Property all that
piece of parcel or lot of land being a portion
of Lot No. 51, Area 3, Palm Hill Section, Fla-
mingo Bay Estates a subdivision situated im-
mediately south of George Town, on the Island
of Exuma Bahamas. Property Size 10,206 sq.ft.
Appraised value $35,000.00

(008)















All that piece parcel or lot ofland being

COMMERCIAL BANKING CENTRE
Tel: 242-356-8568

(800) Mrs. Monique Crawford
(801) Mr. Jerome Pinder
(802) Mr. Brian Knowles
(803) Mr. Vandyke Pratt
(804) Mrs. Hope Sealey
(805) Mrs. Tiffany Simms O’brien
(806) Mrs. Lois Hollis
(807) Mr. Lester Cox
(808) Mrs. DaShann Clare-Paul
(811) Ms. Lydia Rahming



ern portion of the Forest Estate in the vicinity
of the settlement of Mt. Thompson and the
Forest, Great Exuma, Bahamas. Containing a
triplex. Building size 2492 sq ft. Property size
10,000 sq ft. Appraised value 336,500.

(008) All that piece of parcel of lots of land
being Lot No. 6226, Bahama Sound No. 7 East a
subdivision ofland situate at the eastern portion
of the Forest Estate in the vicinity of Southside
and Forest, Great Exuma, Bahamas. Property
size 10,000 sq ft. Containing a duplex. Build-
ing size 1152 sq ft Appraised value $186,320.
(571) Lot of land being Lot #6582 Bahama
Sound #8 East situate at the northeastern por-
tion of “The Forest Estate”, Exuma in the vi-
cinity of Mt. Thompson and Farmers Hill and
containing thereon a duplex (2bed 1 bth each
side) Bldg is 1,800 sq.ft. property is 10,000 sq.ft.
Appr. val. $260,000.00.
(008) All that piece parcel or lot #6108 & 6109
of Bahama Sound #7 East situated 10 1/2 miles
Northwestwardly of the settlement of George
Town, Great Exuma. Containing a 1,680 square
foot single storey hardy plank duplex, with (2)
2 bedroom, 2 bathroom units. Appraised value
$214,800.00.
(008) Lot of land being lot #243 in Section
#2, Little Exuma 10,000 square foot. Contain-
ing a753 square foot single family home con-
structed of concrete slab and T-1 Eleven sides
with 2 bedroom/1 bathroom. Appraised value
107,344,

(008) All that piece parcel or lot #7794, Calab
Drive, Bahama Sound #11, 3 1/2 miles south
of George Town, Great Exuma. Containing a
,800 square foot single storey concrete du
plex, with (2) 2 bedroom, 1 bathroom units.
Appraised value$157,956.

(008) — Lot of land being lot#18 Section #11
Northeast Flamingo Bay, Great Exuma 11,396
square foot single and multi family residential
ot partially developed with a 1,000 square foot
oundation. Appraised value $101,000.00,

ELEUTHERA

(902) Lotofland94 x94 x 150x150 on Queens
Highway just south of Palmetto Point Eleuthera
with a two storey stone building containing two
apartments. Each unit has 3 bed/2 1/2 bath,
kitchen, living room and 3 linen closets. Ap-
praised value $287,209.
(901) Lot #32 containing 4 bedroom 2bath
concrete structure located Triana Shores Har-
bour Island, Eleuthera. Property size 80’ x 120’
x 80’ 120 ft. Appraised valued at $ 332,735.

(901) Lot #57 block # Trianna Shores, Har-
bour Island Eleuthera containing 3 bed 2 bath
tont room, dining room, & kitchen- concrete
structure, 1926.40 sq. ft wooden deck 321.60
sq.ft. property 9600 sq, ft. - appraised value
- $448,645.

(901) Lot“K” Barrack Street, Harbour Island
containing a2 storey concrete building with 4
bed 4 bath, dining room & kitchen -Building
2934.56 sq. ft. property 6563 sq. ft. - appraised
value - $479,228.

(902) Registered Legal Mortgage over Lot #6A
Banana Beach, Governor's Harbour, Eleuthera
with a triplex foundation Appraised Value
$105,000

(560) Tract of land located The Bluff Eleuthera,
overlooking the beautiful Bluff Harbour. Prop-
erty contains four parcels of land with a total
area of approximately 151,528 sq ft. Property is
ideal fora waterfront development. Contains a
tri-plex condominium under construction up
to belt-course and a private dock. Appraised
value $1,118,000.
(902) Lot 6A North Palmetto Point Eleuthera
containing a 2bed/1bath residence with ad-
journing incomplete apartment. Property size
8,500 sq. ft; building size floor area 1,639.08 +
covered porch. Appraised Value $188,740.
(902) Lot#54, Lower Bogue, Eleuthera con-
taining 2-bed/1 bath duplex, property size 7,500
sq ft. Appraised value $146,437
(902) Lot#CA1, Palmetto Shores, South Pal-





































Lot No. 9773, Bahamas Sound No. 9, a subdivi-
sion of land situated a the northern portion of
‘The Forest Estate’ in the vicinity of the settle-
ment of Mt. Thompson and Farmer's Hill, Great
Exuma, Bahamas. 11 1/4 miles from George
Town. The subject site contains 10,000 sq ft
and undeveloped. Appraised value of $18,000.

(008) All that piece parcel or lot of land be-
ing Lot No. 19726-7 & 19283-4 located Baha-
ma Sound No. 21, on Taxi Way, a subdivision
of land situated at approximately 2000 feet
north east of George Town, Old Airport and
about 1.5 miles southeast of the settlement
of George Town, Great Exuma, Bahamas. The
undeveloped properties are a total of 8,000
sq.ft. Appraised value $32,000.

(008) Lot #14857, Bahama Sound No. 17,
subdivision approximately 1/4 mile South-
eastwardly of the Southside and 1 mile from
Moss Town Airport, Great Exuma, Bahamas,
located Morning Glory Road. This partially
developed lot contains 9,010 sq ft. Appraise
value $12,764.

(008) Vacant property, lot#10948, Bahama
Sound #8, situated about the northeastern
portion of The Forest Estate in the vicinity o:
the villages of Mount Thompson and Farmer's
Hill, Great Exuma, Bahamas. Appraised value:
TBA

(008) Lot No. 1862, located Bahama Soun
No.5 East, a subdivision ofland situated at the
southeastern portion of The Forest Estate, in

he ered of the settlements of the South-
side and The Forest, Great Exuma, Bahamas.
This undeveloped property contains a total o:
0,000 sq ft. Appraised value $12,000.

(569) Lot#14872 situated atthe northeastern
portion of The Forest Estate in the vicinity o
he settlements of Mt. Thompson and Farm-
er’s Hill, Great Exuma one of the Bahama Is-
ands, Property is 10,000 sq.ft. Appraised value
110,000.

(569) All that piece parcel orlot ofland com-
prising of Lot numbers C-9454 & C-9455 sit-
uated in a registered Subdivision called and
known as Bahama Sound of Exuma Section
2, Exuma. Property is 20,000 sq. ft. Appraised
value $170,000.

401) Vacant lot of land and being part ofa
parcel of a tract of land known as “Hooper's”,
Great Exuma. The property is comprise of 8,661
sq. ft. Appraised value $25,000.

(008) All that piece parcel of land being
ot#5101 located Bahama Sound #6, situated























PALMDALE SHOPPING CENTRE
Tel: 242-322-4426/9 or 242-302-3800
(201) Mrs. Patrice Ritchie

NASSAU MAIN BRANCH

Tel: 242-322-8700

(701) Mr. James Strachan

(301) Ms. Thyra Johnson

(304) Mrs. Alicia Thompson
MACKEY STREET BRANCH

Tel: 242-393-3097

(601) Ms. Nicole Evans

JOHN E KENNEDY DRIVE BRANCH
Tel: 242-325-4711

(401) Mr. Robert Pantry

PARADISE ISLAND BRANCH Tele-
phone: 242-363-1404

metto Point, Eleuthera, containing 3-storey 4
bedroom 3 bath house approx. 3,336 sq ft liv-
ing space; property size 11,868 sq ft. Appraised
value $230,000
(902) Lotsouth of Palmetto Point on the main
Eleuthera Highway, Eleuthera, Bahamas con-
aining a 2 bed, 1 bath duplex unit with gross
floor area 1,457.84 each. Property size 1.115
acres. Appraised value $212,667.
(901) Lots #12E and 13W of Johnson's Har-
bour View Estates Subdivision Harbour Island
Eleuthera, with a duplex 2 bedrooms, | bath
each. Appraisal TBA.
SPANISH WELLS

(560) Lot of land # 2 Sea View Subdivision,
Russell Island adjacent to the settlement of
Spanish Wells. Property size 11,323 sq. ft, build-
ing size 2236 sq. ft. containing 3 bedrooms, 2
bath, living room, an eat-in kitchen, dining
room, laundry room, covered porch, aone car
garage, and a covered water tank. Appraised
value $299,000
(560) Lot of land in Spanish Wells located
between 8th and 9th street near The Islander
Shop. Property size 3,654 sq. ft. Building (wood-
en structure) size 1370 sq. ft. containing 3 bed-
rooms, 2 bath, front room/dining room and
kitchen, House is in good condition. Proper
landscaping with poured concrete driveways
& walkway. Appraised value $155,000.00.
(560) Lotnumbers 1 and 2 ofa tract of seven
parcels between Harbour Road and the Main
Public Road near 22nd Street Spanish Wells
Bahamas. Property size 12,428 sq. ft. Build-
ing size 4516 sq. ft. containing 3 bed, 2 bath,
iving room, an eat-in kitchen, laundry room,
covered porch, anda covered water tank. Base-
ment offers a garage, work-shop, playroom and
small office area. House is in excellent condi-
ion Proper landscaping with poured concrete
driveways & walkway. Appraised value $555,179.
(560) Lot ofland having the number Two (2)
of the Subdivision called and known as Ocean
Estates, Russell Island, Spanish Wells. Proper-
ty size 12,179 sq, ft, building size 1976 sq. ft.
Building is constructed of lumber and hardy
plank, containing 3 bedrooms, 2 bath, living
room, an eat-in kitchen, dining room, utility
room, covered porch, and covered water tank.
Landscaped with poured concrete driveway &
walkway. Appraised value $455,190

(560) Lot of land on Russell Island, Span-
ish Wells. Property size 13,446 sq. ft, building
size 3074 sq. ft. containing 3 bedrooms, 2 bath,
an eat-in kitchen, living/dining room, utility
room, laundry room, covered porch, covered
driveway and a two car garage. Also contains a
30,000 gallon rainwater tank. Appraised value
$460,780
(560) Lot #27 in a subdivision of 8 parcels
situated immediately east of Ocean Heights
Subdivision, Russell Island, Spanish Wells. Prop-
erty size 12,500 sq.ft. Building size 1820 sq ft.
containing 2 bedrooms, 2 bathrooms, an eat-in
kitchen, living/dining room, laundry room and
a one car garage. Covered front entryway an
observation deck anda patio. The house is in
excellent condition. Appraised value $314,000

(560) Lot of land being lot #1, Sea View Sub-
division, Russell Island, Spanish Wells. Prop-
erty size 11, 284 sq.ft, Building size 2,485 sq
ft. containing 3 bed, 2 bath, an eat-in kitchen,
living room, dining room and laundry room
plus one car garage, covered front porch/en-
tryway and a rear patio/water tank. Properly
landscaped, with poured concrete driveway
and walkway. Appraised value $375,000.

(560) Lotofland 1520 feet west of the govern-
ment dock at Muddy Hole, Russell Island, Span-
ish Wells. Property size 17,083 sq. ft. Building
size 2426 sqft. containing 3 bedrooms, 2 1/2
bathrooms, front room/ dining room, kitch-
en, garage and covered front porch. Appraised
value $347,000.

(560) Lot on 30th Street Spanish Wells, Ba-
hamas. Property size 6,500 sq. ft, building size
1800 sq. ft. containing 3 bedrooms, 2 bath, living

VACANT PROPERTIES

about the western portion of The Forest Estate
in the vicinity of the Settlements of Southside
and The Forest, Great Exuma. Appraised value
$20,000.

(569) Lots #7531B, #7890R and #7890T Ba-
hama Sound of Exuma No.II Subdivision situ-
ate on the Island of Great Exuma, Bahamas.
Appraised value $55,000.

(008) All that piece parcel of land located
lot#8810 in the subdivision known as Bahama
Sound #12 situated about 7 miles northwest of
George Town, Great Exuma. Appraised value
TBA.

(008) Lot No. 3199 situate in the subdivision
called and known as Bahama Sound of Exuma
No.5 on the Island of Great Exuma and Lot No.
6735 situated ten and one half miles northwest
of George Town being of Bahama Sound No.
8 east Exuma Bahamas. Both Lots are vacant
and are 10,000 sq ftin size. Appraised $20,000
& $8,000.

(008) Lot No. B-7429 Bahama Sound No. 11
of Great Exuma, Bahamas. Property Size 10,000
sq ft. Vacant property. Appraised value $16,800.

(008) Lot#4919 Bahama Sound No. 6, Ex-
uma. Property Size 10,000 sq ft. Vacant prop-
erty. Appraised value $10,000.

(008) All that piece of parcel or lot of land
being lot Nos. 9652 &9653 of Bahama Sound
No. 9, Great Exuma situate about 101/2 miles
Northwest of settlement of George Town, Ex-
uma, Bahamas. Property Size 10,000 sq ft. Va-
cant property. Appraised value $34,000.

(008) Lot #1202, Bahama Sound No. 3,Ex-
uma. Lot size 10,000 sq ft. Appraised value
9,000.

(725) Lot of land situate Southwardly of the
Queen's Highway near Hooper's Bay having #33
in the Island of Exuma one of the Islands of the
Commonwealth of the Bahamas. Proeprty is
3,317sq.ft. Appraised value$35,000.

ELEUTHERA

(902) Vacant Lot #18 Block 33 Section “C”
Rainbow Bay on the island of Eleuthera, Ba-
hamas. The property is located in a developed
residential subdivision with all amenities. Ap-
praised value $35,000.

(569) All that piece parcel or lot ofland being
Lot#5, Block 29A Section C Eleuthera Shores,

Eleuthera Island, Bahamas. Appraised value
29,000.

(565) VacantLot #9 (11,406.65 sq. ft.) situated



























OFFICERS

550) Ms. Cherelle Martinborough
PRINCE CHARLES SHOPPING
CENTRE

Tel: 242-393-7505/8

501) Ms. Nicola Walker

505) Ms. Patricia Russell
CABLE BEACH BRANCH

Tel: 242-327-6077

466) Mr. Derek Sturrup
LOAN COLLECTION CENTRE
Tel: 242-502-5170/502-5180
716) Ms. Quincy Fisher

717) Mrs. Nancy Swaby

723) Ms. Deidre King

725) Ms. Marguerite Johnson
565) Mrs. Catherine Davis
569) Mrs. Vanessa Scott

570) Mr. Elton Kemp

571) Mrs. Faye Daniels

572) Mr. Ryan Brown

573) Ms. Annisha Wilson











NASSAU INT’L AIRPORT

Tel: 242-377-7179

433) Mrs. Renea Walkine
LYFORD CAY BRANCH

Tel: 242-362-4540 or 242-362-4037
101-N) Mrs. Lindsey Peterson
GOVERNOR’S HARBOUR,
ELEUTHERA

Tel: 242-332-2856/8

902) Ms. Evette Burrows
HARBOUR ISLAND BRANCH
Tel:242-333-2230

901) Ms. Velderine Laroda
ANDROS TOWN BRANCH
Tel: 242-368-2071

400) Ms. Bianca Simms
MARSH HARBOUR, ABACO
Tel: 242-367-2420

908) Mr. Julius Seymour

909) Mrs. Sylvia Poitier

910) Mr Kermit Curry

room, kitchen, laundry room, covered porch,
and a covered water tank. House is in good
condition, proper landscaping with poured con-
crete driveways & walkway. Appraised value
$272,000.

ANDROS

(400) Property in Calabash Bay, Andros. 75’
x 150’ with asmall grocery store 480 sq. ft. and
nincomplete 3 bed 2 bath house 900 sq. ft.
ppraised value $65,000.

400) Lot#14 Love Hill, Andros totalling 20,000
q. ft. Property contains a two storey 5-bed,
-bath residence. Appraised value $185,000.
00) Lotis situated Queens Highway in Cargill
reek, Andros, totalling 30,000 sq ft. Property
ontains one completed building 2 bedroom,
bath 1,200 sq feet, and two under construc-
on.. Appraised value $324,502.

01) Lots#17  Crown Allotments, Love
ill Settlement, Andros. Containing a two-sto-
rey res, Appraised Value $100,000.

(400) Lotis situated in Coakley Bight, Behring
Point Andros totalling 30,339sq ft. Property con-
tains a splitlevel 3-bed 2-bath 2,386 sq fthouse.
Appraised value - $196,253

(400) Lot #16 is situated in Marina Ridge in
the settlement of Fresh Creek Andros, totalling
16,200 sq ft. Property contains aone bedroom
one bath house 840 sq ft. Appraised value -
$90,280
(400) Lot ofland containing 22,702 sq ft in the
settlement of Davis Creek, Fresh Creek Town
Area, Central Andros Island, containing thereon
a building 3030 sq ft. which house a five unit
apartment complex. Appraised value $195,322.
(565) Lot west of the Coastal Water front
and east of Queen's Highway directly oppo-
site Harold Road the location of the National
Insurance Sub-Office at the Bluff Settlement of
South Andros and containing thereon a 2-bed
1-bath residence. Property size (63’ x 75’) ap-
prox 4,725 sq.ft. Appraised value $75,000.

>p

Sees

BmoO

DET









ABACO

(910) Lot#12 Madeira Park, a small sub-di-
vision on the outskirts of Treasure Cay, Aba-
co with a 9,444 sq ft concrete block residence
with asphalt shingle roof3-bed, 2-bath, family
room, living room, dining room, and kitchen.
Appraised value : $147,000.

(908) Lot#52 Crown Allotments located Mur-
phy Town, Abaco with size being 10,200 sq ft.
Containing a one storey house with 4 bed/2
bath - Concrete Block Structure - Appraised
value .$200,000.00

(908) Lot# 23 located in the Subdivision of
Spring City, Abaco with size being 8,925 sq ft.
Containing a one storey wooden structure house
with 3 bed/1 bath of 7985 sq ft. Appraised value
$60,000
(909) Lot#24, Dundas Town, Abaco known
as Lot #24C, containing 8,914 sq ft containing
a duplex with a3 bed 2 bath unit and a2 be
1 bath unit taking up a total of 2,040 square
feet. Appraised value: $181,028
(909) Lot#2, comprising a portion of Com-
mercial Parcel Lot A, situate near the settlemen
ofMurphy Town, on the island of Abaco, con-
taining 14,725 square feet with wooden du-
plex with a 3 bed 2.5 bath and a 2 bed 1 bath
rental unit, with v-joint ceilings and central
air-conditioning. Appraised value - $320,000
(909) Lot #46, being a portion of the Mur-
phy Town Crown Allotments on the island o
Abaco, measuring 6,483 square feet , contain-
ing a duplex with 2 beds and 1.5 baths for each
unit. Appraised value - at $222,463.00

(909) Lot356H, situatein the settlement o
Murphy Town on the island of Abaco, measur-
ing 7,631 square feet containing a triplex tha’
has two 2 bed 1 baths anda 1 bed 1 bath. Ap-
praise value TBA.
(909) Lot of land situate in the settlemen
of Dundas Town comprising a portion of Lo
#11 of the Dundas Town Crown Allotments on













in Mango Lane Section “B” Block #15, Eleuthera
Island Shores on the Island of Eleuthera. Ap-
praised value $50,189.

(565) Vacant lot #5 located Eleuthera Island
Shores, Seaside Drive Section B, Block #15,
Eleuthera, Bahamas. 9,691 sq. ft. Appraised
value $27,620.

(902) Lot #10 comprising 10,546 sq ft situ-
ated on Northeast side of the Queen's Highway
on the island of Eleuthera approx. Three hun-
dredths of a mile Northwest of the Palmetto
Point crossing. Appraised Value $54,600

(569) Lot of land in James Cistern on Eleuthera,
Bahamas measuring approx 10,000 sq ft. Ap-
praised value TBA

(569) Lot #3 being a portion of the subdivi-
sion ofa tract of land located in the village ap-
proximately 1.41 miles southeast of Wemyss
Bight, Eleuthera, Bahamas and measuring 3.240
acres (281.27' x 502’) Appraised value $60,000.

ABACO

(909) Lot # 1, Aunt Pat's Bay Subdivision ,
Elbow Cay, Abaco containing 15,549 square
feet. Appraised value: TBA

(909) Lot#54, in the Hopetown Point Subdi-
vision , located Hope Town, Elbow Cay Abaco.
Appraised value TBA

(909) Lot ofland situate on the Southwestern
side of S. C. Bootle Highway and approximately
2 miles Runtiestery from the settlement of
Murphy Town, on the Island of Abaco contain-
ing 54,905 square feet. Appraised Value: TBA .

(909) Lot#39, located Central Pines Subdivi-
sion containing 12,473 square feet situate south
of Dundas Town and west of Marsh Harbour,
Abaco. Appraised value: TBA

(505) Tenacres of land on Woods Cay, Little
Abaco, between Cooper's Town and Cedar Har-
bour, Abaco, Bahamas. The property is unde-
veloped buthas a seaview from both the north
and south side, Appraised Value $1,078,750.

(909) Vacant residential Lot# 63 (7800 sq.
ft.) Crown Allotments located Murphy Town,
Abaco- Appraised value $18,000.

(910) Lot #14, in block No. 194 residential
property situated in Treasure Cay, Abaco. Ap-
praised value $28,000.

(910) Land and house located at Treasure
Cay. Appraised value: $80,000.

(910) Developed residential property known
as Lot No.3, Block 211, Treasure Cay, Abaco.







105,

100

008

102
103
108



560





the island of Abaco, containing residence. Ap-
praised value TBA

(909) Lots ofland containing 10,178 sq ftand
10,176 sq ft, being a part of Murphy Town Crown
Allotment No. 70 situate in the Settlement of
Murphy Town , Abaco, containing a duplex.
Value $243,000
(909) Lot #59, Central Pines Subdivision, south
of Dundas Town, west of Marsh Harbour , 80
feet by 140 feet containing a 1,404 square feet
house comprising of 3 bedrooms and 2 bath-
rooms, kitchen , living and dining area. Ap-
praised value TBA
(909) Lot #56 located Murphy Town Allot-
ments with dimensions of 109 square feet by
109 square feet containing a duplex with an
area of 1,456 square feet and each unit having
two bedrooms on bathroom living and kitchen
area. Appraised value - 155,000.00

(909) Lot #22, situate on the northern side
ofS C Bootle highway an d approximately five
hundred and fifty-eight feet southwesterly from
New Hope Baptist Church in the settlement of
Mount Hope, on the island of Abaco, contain-
ing a residence comprised of 1,500 square feet
and three bedrooms and two bathrooms. Ap-
praised value : $157,500.00

(908) Lot #40 being a portion of Dundas
Town Crown Allotments containing a 4-plex
located Dundus Town, Abaco. Appraised value
$494,022.00
(908) Lot #21 Dundas Town, Abaco contain-
inga 3 bedrooom 2bath wooden structure. Ap-
praised value $130,000.

(908) Lot#106, Central Pines Estates, Dun-
das Town, Abaco containga 3bedroom 2bath
residence. Appraised value $161,425.00

(908) Lot#119 in Section 4 known as Casu-
arina Point, Abaco containing a 1,614 sq. Ft.
residence. Appraised value $240,000.

(910) Lot of land located Man-O-War Cay,
Abaco, 5,328 square Feet situated near Rugged
Hill. Containing lbed, lbath with balcony.

Appraised value: $418,000.

(910) Parcel ofland known as Joe's Creek 3.5
miles south of Treasure Cay containing 3.42
acres located at Joe's Creek, Abaco. Sea view,
Living area, upper & Lower, Garage/workshop,
Carport, 10’ ceiling, two sets of stairs, interior
& Exterior to ground level, covered porch and
Extra large kitchen, 24’x 14’, with top of the line
cupboards. Appraised value: $625,000.00
OTHER FAMILY ISLANDS

(811) Property containing Condo “Milleni-
um II”, Unit A-101, building 57, Phase 1C, 2
bedrooms, 3 bathrooms, living room, dining
room, utility closet & patio. Situated in the area
nown as Bimini Bay Resort, Bimini, Bahamas.
Appraised value $485,000.

(105) Lotcontaining 2 story bldg. with three
bed, two anda half bath residence, and 30’ x
86’ situated Bailey Town, North Bimini. Ap-
praised value $235,000

(101-F) Property situated Alice Town, The Is-
and of North Bimini, being Parcel “A’ measur-
ing 9,267 sq. ft. with incomplete 3 storey single
amily home. Appraised value $542,000

(811) Condo Bldg 20-T (TREEHOUSE) in “Bi-
mini Bay Condominium phases 1-A(1)”, Bimini
Bay, North Bimini. Unithas 1-bed 1-bath with
140 sq ft, front porch, balcony and central a/c.
Appraised value: $390,000.
(811) Condominuim Unit Bimini Bay Subdivision,
2 bed, 2 bath Oceanfront unit, 1385 square feet,
incl patio/balcony located Bimini Bay, North
Bimini. Appraised value $419,900
(100) Developed property being a portion of
a tract of land known as Morley’s Tract, comer
Lot with a frontage of 149 feet, running 149 ft
on the North boundary and 120 fton the South
boundary. The property is situated in Lower
Deadman's Cay, Long island with home (seven
years old) under construction; 30 % complete
- Appraised value at $57,000

























Appraised value: $75,000.

(801) Parcel of Land known as B, con-
sisting of 0.306 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraised
Value $250,000.

(801) Parcel of Land known ot E, con-
sisting of 0.217 Acres, “Ocean inding
Bay Subdivision, Abaco, Baha praise
Value $300,000.

(801) Parcel of Land known as G, con-
sisting of 0.349 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraise
Value $250,000.

(801) Parcel of Land known as A, con-
sisting of 1.103 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraise
Value $500,000.

(801) Parcel of Land known as Lot C, con-
sisting of 0.321 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraised
Value $300,000.

(801) Parcel of Land knownas Lot EF consist-
ing of 0.381 Acres, “Ocean Point,” Winding Bay
Subdivision, Abaco, Bahamas. Appraised Value
$300,000.









“#



































OTHER FAMILY ISLANDS

(569) Lot #518 Section 2, Phase III Stella Maris
Subdivision, Long Island. Property is 11,700
sq.ft. Appraised value $45,000.

(569) Vacantland, Lot #184 of Phase 3, Sec-
tion 2 of Stella Maris Sub-Division (11,500 sq.ft.)
situated at Adderley’s, Long Island. Appraised
value $30,000.

(569) 4.8 acres of vacant land being portion
of Lot #68, Flowers Road, Driggs Hill, South
Andros. Appraised value $35,000.

(902) Lot #8 13 & 14 Block 50 Greenwood
Estates Subdivision, Cat Island. property size
8,000 sq ft each. Appraised Value $40,000

(560) ‘Two vacant properties (Lot 12c 5789
sq.ft and Lot 12d 5231 sq ft) Creek Bay Sub-
division, Russell Island Bridge on the north-
ern side of the island, Russell Island, Spanish
Wells. These lots are elevated lots that offer
outstanding ocean views anda short path to
the beach. Appraised value Lot 12c $85,000
and Lot 12d $80,000.

(105) Lotofland situate in South Bimini be-
ing Lot 11 Block No.2 of the Buccaneer Point
Subdivision Bimini Bahamas Appraised Value:
TBA



BIMINI BRANCH
Tel:242-347-3031

Ms. Italia Beckford

GRAY’S, LONG ISLAND
Tel: 242-337-0101

Mrs. Lucy Wells

EXUMA BRANCH
Tel: 242-336-3251

Ms. Joycelyn Mackey

FREEPORT, MAIN BRANCH
Tel: 242-352-663 1/2
101-F) Ms. Garnell Frith

Ms. Elaine Collie
Mrs. Damita Newbold-Cartwright
Ms. Sylvie Carey

SPANISH WELLS
Tel: 242-333-4131 or 242-333-4145



Mr. Walter Carey





PAGE 12, MONDAY, MARCH 7, 2011 THE TRIBUNE
LOCAL NEWS

National Drug Council
launches its website,
programme, exhibition



THE National Drug Council’s month of ‘Embracing Drug Prevention
Education through Dialogue and Partnership’ got off to a positive start
on March 1 with the launch of the council's website, the launch of a ter-
tiary level demand reduction programme and a mini exhibition in the
Royal Victoria Gardens.



ime

STUDENTS OF URIAH MCPHEE PRIMARY SCHOOL during the exhibition in the Royal Victoria
Gardens ceremonies to mark the Bahamas National Drug Council’s month of "Embracing Drug
Prevention Education through Dialogue and Partnership’.



DR BRIDGETTE ROLLE, administrator with the Bahamas National Drug Council (left), speaking at
the press conference. At right is Paul Williams, chief financial and revenue officer of the BNDC.



ABOVE: Students of the Uriah
McPhee Primary School listen
attentively while seated in the
Royal Victoria Gardens.

RIGHT: DR Bridgette Rolle,
administrator with the Bahamas
National Drug Council, giving
remarks.



ATTENDING the launch ceremony were (I-r): Valincia Neilly, chief executive secretary in the Min-

istry of Health; Valvaria Strachan, chief executive officer, MOH; Vicente Roberts, counsellor at the
College of the Bahamas; Ezekiel Munnings, coordinator of the Male Initiative, Maternal and Child

Health at the MOH, and Dr Corolyn Hanna.

ee tay
Quality Savio) 5 Te

eye | \ |

.

eB iteectle Mite m col) e149 i ale
*The heirs nd generously
ttitudain giving

csr
The Rev’d Fr. Mark Fox
The Rev’d Canon Basil Tynes

Geoffrey Jones offers the fine line of General

Electric appliances designed to suit every GEOFFREY

need with performance quality and style. Our Mel cea’ ' cy | cyte vl 1

competitive prices and full service department,
make us your ultimate appliance centre. 7:00 p.m

St. John’s College Auditorium
imagination at work L___ Stapledon Gardens,
New Providence
www.geoffreyjonesandco.com | 322-2188/9 The Bahamas





THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 13

LOCAL NEWS









ee eee Te

Patrick Hanna/BIS



PRIME Minister
Hubert Ingraham
gave thanks for the
life of an extraordi-
nary man at the
funeral of Brenville
“Bulla” Hanna at St
George’s Anglican
Church in Montrose
Avenue on Friday.

“It is my great
privilege as a friend
and as a political col-
league, to culogize a
man who has
inspired me as he has
so many others,” Mr
Ingraham said.

“Bulla had a rare
combination of a
gentle spirit and
steely nerves. And,
even as his kidneys
failed him, his heart
grew even more
expansive, more
compassionate, and
more loving.

“Bulla Hanna was
an extraordinary
man.

“While his name
may never adorn
public buildings and
monuments, his
example is written
into the hearts of
many and will con-
tinue to inspire the
many generations
that hear his name
and of his example.”

Mr Hanna was a
former chairman of
the PLP, founder of
the Young Liberals
and former FNM
candidate for Engler-
ston.

He died peacefully
in his home on Feb-
ruary 22 after a long
illness surrounded by
relatives and friends.








































PRIME MINISTER Hubert Ingraham speaks during the Thanksgiving
Service for the late Brenville ‘Bulla’ Hanna Friday March 4, at St
George’s Anglican Church.



GOVERNOR GENERAL Sir Arthur Foulkes was among the congregants
saying farewell to Brenville ‘Bulla’ Hanna during the service.



HUNDREDS OF FRIENDS, sallestiies and family members crowded
into the St George’s Anglican Church Friday to pay their respects for
the life of Brenville ‘Bulla’ Hanna.

VWith Aporoved Credit =someé stipulates

MASSA
Town Centre Mall

Tel: (242) J97-PLUS (7587)

Fos: (242) 325-6368
Mon-Sat 9 AM - 9 PH

GRAND BAHAMA
Madeira Croft

Tet (242) 352-PLUS (7587)

Fasc (242) 352-305
Mon-Fri 9 AM - 4 PH
Sot 9 AM» 4 PP

ABACO

Maxwells Plarg

Tek (242) 367-PLUS (7587)
Foose: (242) 367-1257

Mon Thur 9 AM = 6 PM
Fri-Sot 10) AM - 7 PM

Pictured: Justina Miller receives her prize certificate from
The Tribune President Robert Carron

Justina Miller was the winner of the February edition of
Tribune Trivia and for her efforts, won a trip to Miami.
She and countless others scoured The Tribune and
Tribune242.com every weekday for answers to the trivia
questions posted on The Tribune's Facebook page.

The Tribune used a random number generator to select
three winners (3 points, 2 points and 1 point respectively)
each day and at the end of the month, Justina Miller had
amassed the most points.

Her prize package included roundtrip for one from Nassau
to Miami, a one day car rental and a one night hotel stay
courtesy The Tribune's partners Dollar Rent a Car and
Bahamasair.



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PAGE 14, MONDAY, MARCH 7, 2011

THE TRIBUNE



LOCAL NEWS



WAREHOUSE SALE

Dates: Wednesday to Friday, March 9", 10", and 11", 2011
Place: Security Storage Limited, Nassau Street

Opposite Western Cemetery Parking Lot





























































Time: 10:00am — 4:00pm

Office Furnitures and Machines
Computers and Computer Equipments
Filing Cabinets

Stationeries

Limited amount of Home Furnitures

Other Supplies and Miscellaneous

ALL ITEMS WILL BE SOLD AS IS.

THE GENERAL PUBLIC
IS INVITED

MINISTRY OF WORKS & TRANSPORT

NOTICE
CORRIDORS 12 & 134

EAST STREET & ROBINSON ROAD
Temporary Road Closure & Diversions

Please be advised that temporary road closure & diversion will be carried out on sections of Robinson Road & East Street

to continue further road construction works during the following weekends March 5-6, 12-13 and 19-20, 2011. Kindly
note that traffic will flow as is at the junction of East Street & Robinson Road during the weekdays until further notice.
-

Keen nate should be taken of the Traffic Management Schedule while works are ongoing.
TRAFFIC MANAGEMENT SCHEDULE AS AT MARCH 5" to 20", 11.

Scheduled Affected Area (a)
Time

Cardinal Diversion Routes

Dirextion(s)
Weal Washington St. fj Balfoar Ave. # Eight Street # Robinson Rd

Robins Rid fi Eight Street fe Brilfoer Avedie Washington St

Independence Highway Blue Hall Rd. Robina Rd

Washington Street in Eight Street
Eaght Street io Washington Street

Ext Street io independence Highway | Noeth

LL

| | Bat Street to Independence Highway Ncw Independence Highway je Blue Hill Rd4fe Robinson Ra

| || Bnet Street to Independence Highway South Robinson Rd, Blue Hill Rd fe Independence Highwuy

Mar 1&2) | Tam-éam | Washington Street to Bight Street West

| | CE Street to Washington Street Est
i

East Street to independence [Highway North

Independence Highway fe Etlue Till Fed fe Robina Rd
Exel Street to independence Highway | South

Robinson Rd. Blue Hill Rd & Independence Highway

eit bike
anereneeâ„¢
‘WDEF

Please note that access will be given to residents, pedestrians and the affected businesses in this area during the
construction process. Signs will be in place to identify safe passage for Pedestrians and Access points to the businesses in
the area from the diversion route. The public will be updated through the local media (radio & television) for regular
updates.

We do apologize for any inconvenience caused and we look forward to the cooperation of the motoring public.

Far fi rinformati :
Jose Canellonme Constrecciones Clabes 5.4

Office Hours: Moe-Fri a:00am ta 6:00 mn

Tet: (247/322-2941 oF [242377-7610

bia: bahanaineigibon@cartallone com ar

Ministry of Public Works & Tramaport
Tha Project Execution Unik
Hort hires: (7-47)302-9700

Evia: publesarorks Gibah airiad jeer By

By CONSTABLE 3011
MAKELLE PINDER

COMPUTERS and the
internet expose children to
a whole new wonderful
world.

Their education, social life,
friends and networking capa-
bilities are endless with the
incredible amount of infor-
mation available to them.
However, there are dangers
when exploring the informa-
tion highway.

There are numerous face-
less criminals who lurk
behind their computers look-
ing for targets.

They may be slow and qui-
et or flamboyant and loud
but all look to exploit inno-
cent victims.

Don’t let your children
become victims. Take steps
to protect your family.

RULES FOR PARENTS

Create and post clear, sim-
ple, easy-to-read rules on or
near the monitor.

Use safeguarding pro-
grammes with monitoring or
filtering capabilities.

Child oriented web sites
may not request personal
information without a par-
ent’s permission.

Explain to children what
personal information is and
why they should not give it
out.

Teach children that online
“friends” are strangers and
meeting them requires your
supervision.

Keep the computer in the
family room or open area of
your home.

Have children show you
their favourite sites and what
they can do online.

Talk with children about
makes them feel scared,
uncomfortable, or confused.

Report suspected online
“stalking” or sexual exploita-
tion to the police.





Royal Bahamas Police Force
National Crime Prevention Office

INTERNET SAFETY



Always read a site’s priva-
cy policy before giving per-
sonal information.

Verify a secure connection
before giving credit-card
information.

RULES FOR KIDS

Only use the Internet
when your parents say it’s
OK.

Use good manners and be
polite when e-mailing and
chatting.

Always tell your parents
about the people you meet
or talk to on the Internet.

Never give out personal
information like: address,
telephone number or school
name.

If you get a strange, mean
or upsetting e-mail - Don’t
answer it! Tell a parent or
teacher.

Never meet Internet
“friends” without your par-
ents.

Talk with your parents
about the sites you visit.

Don’t send anyone pic-
tures of you or your family.

REMEMBER!

Education is key to pre-
vention

The internet can be a dan-
gerous place -Protect your
children

Know your child’s internet
“friends”

To: All Members Of Salem Baptist Church
Co-Operative Credit Union Limited.

New Providence, Bahamas.

Annual General Meeting (AGM)

It is hereby notified pursuant to section 21(4)
of the cooperative societies act of The Baha-
mas, that the annual general meeting of The
Salem Baptist Co-Operative Credit Union Lim-
ited will be held at The Salem Baptist Church,
Educational Building, Taylor Street, on Tuesday

March 8 at 7.00pm.

The purpose of the meeting will be to review
The Audited Financial Statements for 2009,
election of officers and to discuss important
matters pertaining to The Credit Union.

It is further notified that there will be no second

call meeting.

All Members Are Required To Attend

Nathaniel Adderley
Director Of Societies



THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 15



LOCAL NEWS



Govt ‘relief
for laid off

hotel workers

FROM page one

mination letters from the
hotel. Management has said
that the terminations were
necessary to keep the hotel
open and save the jobs of
about 800 workers.

According to the last sur-
vey, the unemployment rate
on Grand Bahama was at 17.6
per cent.

Mr Foulkes stated that the
government recognizes the
hardships being experienced
by families here in Grand
Bahama, especially the for-
mer employees of Our
Lucaya.

“In an effort to provide
immediate relief and assist in
finding jobs for the Our
Lucaya employees, the Min-
istry of Labour and Social
Development is partnering
with the Ministry Youth
Sports and Culture, the
National Insurance Board,
Sandals Exuma, Bimini Big
Game Resort, the Grand
Bahama Christian Council,
Grand Bahama Chamber of
Commerce and the GB Pas-
tors Forum,” he said.

Mr Foulkes said registra-
tion for the “One Stop Shop”
will take place at the Foster B
Pestaina Hall at the Pro-
Cathedral of Christ the King
from 9am to Spm.

Persons are asked to bring
identification, such as a pass-
port or driver’s licence, their
NIB card, and the letter of
termination given by the hotel
and their hotel ID.

Mr Foulkes commended
Sandals Exuma and Bimini
Big Game Resorts for pro-
viding employment for those
affected workers.

He noted that Sandals
Exuma is offering approxi-
mately 40 jobs and Bimini Big
Game Resort is offering 19
jobs.

The minister also said that
training opportunities will be
available at the Bahamas
Technical and Vocation Insti-
tute and the College of the
Bahamas in a variety of skill
sets.

Mr Foulkes said the gov-
ernment will pay for the
tuition of those workers who
are interested in taking
advantage of the pro-
gramme.

Additionally, the govern-
ment, in conjunction with the
private sector, will offer a
number of apprenticeships at
the various industrial compa-
nies on the island.

The minister said these
apprenticeships will run for
approximately six months and
government will subsidize the
salaries.

“We are in consultation
with major industry partners.
I have met with six and they
agreed to take on a number of
persons to understudy existing
operations and technical posi-
tions.

“Buckeye/BORCO has
agreed and if, for example,
you have a bell man who now
wants to do welding he would
go to BTVI, and while learn-
ing the skill there he will also
apprentice at BORCO and be
making salary at the same
time,” he said.

Mr Foulkes said the laid
off workers will be offered
unemployment benefit assis-
tance, and other Social Ser-
vice assistance programmes
will be made available to all
who qualify.

The minister said the
unemployment benefit will
last for 13 weeks and will start
after the time when the sev-
erance packages would have
expired.

“We are attempting to
ensure that...there would be a
continuation of income for
several months and with the
apprentice programme and
job opportunity and training
programme, we think that will
bring tremendous relief to the
families affected by lay-offs,”
he said.

“We are very confident
that all persons who wish to
work we will be able to find
alternate employment. It is
only a question of finding
employment they want to
have, but there would be jobs
available,” he said.

Minister Foulkes said
applications for the Self
Starter’s programme by the
Ministry of Youth Sports and
Culture also will be available,
providing up to $5,000 for
persons wishing to start their
own businesses.

He said financial coun-
selling will be provided by the
Grand Bahama Chamber of
Commerce and the Grand

Death row inmate
appeal set to be
heard today

FROM page one

March 20, 2006 of the 2002 murder of 16-year-old Donnell
Conover following a trial before then Senior Justice Anita
Allen.

Conover’s partially-burnt body was discovered near a quar-
ry on Cowpen Road on the afternoon of May 1, 2002. Accord-
ing to evidence presented in the case, the cause of death was
severe blunt force trauma to the head, resulting in her skull
being crushed and part of her skull and brain missing. In
October 2008, the Court of Appeal dismissed Tido's appeal
against the death sentence and upheld his murder conviction.
His attorneys at the time had contended that the Supreme
Court verdict was "unsafe and unsatisfactory."

In 2009, Minister of National Security Tommy Turnquest
advised the Governor General that “the case of Maxo Tido was
not an appropriate one for the prerogative of mercy to be
exercised and that the law should take its course." The gov-
ernment had planned to read a death warrant to him, howev-
er, the ministry was subsequently advised by Tido's attorneys
that they had been instructed to appeal the conviction and
death sentence before the Privy Council.

According to the Privy Council’s website, the issues to be
argued are firstly whether the appellant’s conviction for mur-
der is unsafe because the judge permitted a dock identification
of the appellant and gave inadequate directions to the jury on
identification. The prosecution’s case depended on, among
other things, the identification of Tido in the dock by a witness,
as the man she had seen on the night of the murder telephon-
ing someone and driving a vehicle like that in which the
deceased’s blood was later found. The court will also hear
arguments on whether the murder was sufficiently exception-
al as to call for the death penalty and whether the sentence was
flawed by the failure of the judge to obtain a psychiatric report.

Bahama Pastor’s Forum will
provide spiritual counselling.
¢ SEE PAGE 16

FROM page one

fell on her” late Saturday morning.

According to police, the little girl died of
her injuries shortly after she was taken to
hospital by emergency medical services.

Meanwhile, the Harbour Island com-
munity grieves the loss of long time Hait-
ian resident, handyman and father, John
Jiles Ferdinand.

Mr Ferdinand, 53, was working at the
construction site of a two-storey apart-
ment building at Love Lane and Dunmore
Street when he fell from a scaffold last
Thursday.

The father-of-seven suffered injuries to
his head and upper body as a result of the
plunge, and died of those injuries shortly
after he was taken to the local clinic.

Infant dies trom head injuries

Mr Ferdinand was said to have worked
throughout the tiny island as a handyman,
always providing for his family.

In an interview with The Tribune yes-
terday, Juanita Percentie of Tingum Vil-
lage International, his primary employers,
reflected on the loss of a valued and trust-
ed friend.

Ms Percentie said: “He worked for me
15 years. The best of the best, my mother
loved him like he was her son. He was not
considered an employee.”

“He was a great person,” she added.
“Christian, honest, dedicated, he was
always with a smile, even on his rough
days, or when we would have been stressed
out, he gave praise to God.”

Mr Ferdinand’s death is still under inves-
tigation by the police.

MINISTRY OF WORKS & TRANSPORT JC

NOTICE

~ COMPLETION OF THE NEW PROVIDENCE ROAD
IMPROVEMENT PROJECT

CORRIDOR 17

ABUNDANT LIFE ROAD

JOSE CARTELLONE CONSTRUCCIONES CIVILES S.A. has been awarded a Contract by
the Government of The Bahamas for the Completion of the New Providence Road Improvement
Project (International Package).

Please be advised that from Tuesday March 15t 2011, Road Works will be implemented on sections

of Abundant Life Road.

WHAT IS THIS PHASE OF THE PROJECT ABOUT?
Improvements such as road widening will be carried out at the junctions:
Abundant Life Road & Independence Highway
Abundant Life Road & Soldier Road
Soldier Road & Windsor Place

The works include installation of new drainage facilities, utilities, water service laterals, milling
existing pavement, asphalt pavement, sidewalks, traffic signs & signals, street lighting and road

markings.

WHAT TO EXPECT IN A FEW WEEKS?
The public should expect partial lane & temporary road closures as the works will be carried out

in different stages.

STAGE 1

Updates will be posted and announced through the media.

° Motorist travelling north on Abundant Life Road should use Churchill Road as an alternate
as works will be carried out westbound on Abundant Life Road.

Motorist travelling south on Abundant Life Road should use the one lane traffic system

in place.

STAGE 2

° Motorist travelling north & southbound on Abundant Life Road should use Churchill
Road as an alternate.

RESIDENTS/LOCAL BUSINESSES/PEDESTRIANS
Access will be given to residents, pedestrians and the affected businesses in this area during the
construction process. Signs will be in place to identify safe passage for Pedestrians and Access

points to the businesses in the area from the diversion route.

The public will be updated through the local media (radio & television) for regular updates.

We do apologize for any inconvenience caused and we look forward to the cooperation of the

motoring public.

For further information please contact :

(The Contractor)

Jose Cartellone Construcciones Civiles S.A
Office Hours: Mon-Fri 8:00 am to 6:00 pm
Offfice:(242)322-8341/322-2610

Email: bahamasneighbor@cartellone.com.ar

EAST/WEST HWY



(The Contracting Agency)

Ministry of Works & Transport

The Project Execution Unit
Hotline: (242) 302-9700

Email: publicworks@bahamas.gov.bs

EAST / WEST HW



PAGE 16, MONDAY, MARCH 7, 2011

THE TRIBUNE



Resort says layofts
necessary ‘to save
over 800 jobs’

IN a short statement Our Lucaya Beach & Golf
Resort has announced that “in the light of contin-
ued global economic challenges, and in an effort to
save over 800 jobs and keep a vital Grand Bahama
Island tourism product to remain operational” it
has no alternative but to layoff approximately 200
employees and make a number of adjustments to
the resort.

This decision takes immediate effect.

“Over the past number of years,” said the resort
in a Statement released yesterday, “the resort has
realized substantial losses annually however we
remain committed to providing a first class tourism
product and keeping talented and hardworking
Bahamians employed.

Compensation

“The dismissed workers, made up of managers
and line staff, will receive compensation packages
in accordance with the Employment Act 2001, and
we will make professional counselling and guidance
available.

“It is an unfortunate action, but the only viable
alternative in streamlining our expenses and keep-
ing the resort operational until we emerge from the
downturn in the economy.

“In the coming weeks,” said the Our Lucaya
statement, “we intend to present the particulars of
our new business strategy moving forward.

Primary in our improvement plans is an aggres-
sive marketing and promotional campaign and pos-
sible restructure of the resort.

“We remain excited about Grand Bahama’s
future and will continue to demonstrate our confi-
dence in the tourism growth and economy of the
Bahamas.”













MINISTRY OF WORKS & TRANSPORT

LOCAL NEWS

Our Lucaya ‘closes
down two resorts’

By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT —- Our
Lucaya Beach and Golf
Resort has closed down
two of its three resorts,
reducing its room inventory
from 1,200 to 500 rooms,
according to labour officials
on Grand Bahama.

Labour Minister Dion
Foulkes said the resort’s
plan is to consolidate its
operation at Breaker’s Cay,
using the Manor House as
the central point of opera-
tion.

Mr Foulkes said the
property consisted of three
hotels, two of which will be
closed — the Reef Village
and the old former Holiday
Inn/Radisson Hotel.

Mr Foulkes reported
that some 550 persons will
remain directly employed
and over 200 contracted
persons will remain on,
resulting in a total of some
800 saved jobs.

Minister Foulkes and his
team of labour officials met

NOTICE
CORRIDOR 114
BAILLOU HILL ROAD











V

La?

LABOUR MINISTER Dion Foulkes

with hotel and union exec-
utives at the Department
of Labour on Friday, prior
to the layoffs of some 202
workers.

None of the union’s shop
stewards was also laid off,
he said.

He also stated that it was

AC
Co

Please be advised that final Road Pavement Works will be camed out on sections of Baillou Hill
Road between BAHAMA AVENUE and TUCKER ROAD from
Friday March 11th to Monday March 14th 2011 between the hours of 7:00) pm to 5:00 am.

Motorists travelling along this route are advised to follow the traffic management in place and

use Poinciana Avenue, East Street & Wulff Koad as an alternate,

We sincerely apologize for any inconvenience that may be caused by the closure and look forward to
the co-operation of the motoring public throughout this project.

For further information please contact:
Ministry of Public Works & Transport
Project Execution Unit

Hotline: (242) 302-9700

Jose Cartellone Construcciones Civiles S.A
Office Hours: Mon-Fri 8:00am to 6:00pm
Office: — 322 B341/ 322- 2610)

Email:

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agreed as a matter of prin-
ciple that where there is a
married couple, both would
not be laid off; and where
there were two or three
persons in a household
working that two of them
would not be laid off.

Mr Foulkes noted that
the Labour Department
had been made aware of
two sisters who were ter-
minated and would be
seeking to correct the situ-
ation.

According to the minis-
ter, management has com-
plied with the provisions of
the Employment Act.

He said that persons
were given two weeks pay
in instead of notice, which
was included in their sev-
erance package.

Deputy Director of
Labour Tyrone Gibson said

under Section 29 of the
Employment Act line staff
employees are entitled to
receive two weeks notice of
termination pay and two
weeks basic pay per year
up to a maximum of 24
weeks,

He said that managerial
and supervisory employees
would receive one month’s
notice pay and one month
basic pay per year up toa
maximum of 48 weeks.

Mr Gibson noted that
there is also a provision in
the industrial agreement
where “a line staff employ-
ee, based on seniority,
might also received up to
four weeks because there
is a Sliding scale of two,
three, four weeks for those
with 10 years of services or
more.”

Mr Foulkes stated that
many of the laid off work-
ers were nearing retirement
and will be getting good
severance packages.

“The majority of per-
sons...would have been at
the resort for a long time
and a lot of them were
close to retirement and
some had even volun-
teered; there were very few
young members of staff
that are part of this pack-
age,” he said.

Mr Foulkes said hotel
and union executives are
expected to continue to
address some outstanding
issues on Wednesday at
the Department of
Labour.

He said Bahamas Hotel
Catering Allied Workers
Union president Nicole
Martin will be present at
the meeting.

Fuseral Services BE nirused Ta

a244 Morket Sreot & (efor dvcnee
Bel: [Z4Z)] 26 0-E or [DAT] GLIA Celk (242) 456-9082

“Su Renugh Ta new, Yet large Enoegh To Serve You"

Funeral Service For

MR. NAAMAN
HERBERT
“Pepsi”
STURRUP, 78

of Bamboo Street

Golden Gates and

formally of George

i =) Town, Exuma, will be
held on nm Tuealay, March 8th, 2011 at 10 am
at St. Barnabas Parish Baillou Hill and Wulff
Roads Nassau, Bahamas. Officiating will be
Archdecacon Kingsley Knowles, assisted by
Canon Basil Tynes, Canon Samual Sturrup
and Archdeacon I. Ranfurly Brown.
Internment will follow in the Woodlawn
Gardens, Soldier Road, Nassau, Bahamas.

Left to cherish his memory is: his loving wife
of 53 & 1/2 years; Doctor Barbara Louise
Sturrup; Five Sons: Jerrel of New York, Derek,
Neil of Freeport, Grand Bahama, Paul and Noel
Sturrup; Two Daughter-in-Law: Lerlean and
Tyrez Sturrup; Three Grand-daughters:
Nikita Saunders, Avril Moss and Nevach
Sturrup; Four Grandsons: Lincoln and Lernic
Russell and Neil Rashad and Laneco Sturrup;
Three Great Grandsons: Davion and Donn
Moss and Tre Saunders; One sister: Mrs. Pearl
W. Butterfield; One brother: Min Arnold
Sturrup of the Bronx, New York; One niece:
Dame Joan Sawyer; Two sisters-in-law: Mrs.
Coralee Sturrup and Mrs.Edith Sturrup of New
York.

Viewing will be held in the Renaissance Suite
of Robert D. Cox Funeral Services on
Monday from 12:00 noon to 6:00 pm and at
the church on Tuesday from 9:00 am to
service time.



PAGE 18, MONDAY, MARCH 7, 2011

THE TRIBUNE



INTERNATIONAL NEWS

Libya forces try to
halt rebel move
toward capital

BIN JAWWAD, Libya
Associated Press

LIBYAN helicopter gun-
ships strafed opposition fight-
ers as forces loyal to Moam-
mar Gadhafi pounded them
with artillery and rockets Sun-
day, dramatically escalating a
counteroffensive to halt the
rapid advance of rebels
toward the capital Tripoli.

Another scene of heavy
fighting was the city of Mis-
rata, 120 miles (200 kilome-
ters) east of Tripoli, where a
doctor told The Associated
Press 20 people were killed
and 100 wounded. Residents
said pro-Gadhafi troops
punched into the city with
mortars and tanks but were
pushed out five hours later by
rebel forces. The rebel com-
manders intentionally opened
the way for government tanks
to enter the city, then sur-
rounded them and attacked
with anti-aircraft guns and
mortars, said Abdel Fatah al-
Misrati, one of the rebels.

"Our spirits are high,” he
said. "The regime is struggling
and what is happening is a
desperate attempt to survive
and crush the opposition. But
the rebels are in control of
the city," al-Misrati added.

With the counteroffensive
intensifying, Libya sank deep-
er into chaos and heavy
bloodshed while the interna-
tional community appeared
to be struggling to put mili-
tary muscle behind their
demands for Gadhafi to give
up power. Britain said one of

Artillery and rockets
pound opposition fighters

the most talked about ideas
for intervention — the idea
of a no-fly zone over Libya
— is still in an early stage of
planning and ruled out the
use of ground forces.

"We call on the world to
take action, to strike (Gad-
hafi's) powerful bases to res-
cue the civilians," one Misra-
ta resident said. "He has all
the power to smash the peo-
ple."

Hundreds, perhaps thou-
sands, have died since Libya's
uprising began on Feb. 15, but
tight restrictions on media
make it near impossible to get
an accurate tally. More than
200,000 people have fled the
country, most of them foreign
workers. The exodus is creat-
ing a humanitarian crisis
across the border with Tunisia
— another North African
country in turmoil after an
uprising in January that oust-
ed its longtime leader.

Sunday's fighting appeared
to signal the start of a new
phase in the conflict, with
Gadhafi's regime unleashing
its air power on the poorly
equipped and poorly orga-
nized rebel force trying to
oust their ruler of 41 years.
Resorting to heavy use of air
power signaled the regime's
concern that it needed to

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OF THE BRAHAM

check the advance of the
rebel force toward the city of
Sirte — Gadhafi's hometown
and stronghold.

If Sirte were to fall in rebel
hands, it would give the anti-
Gadhafi forces a massive
morale boost and momentum
that could carry them all the
way to the gates of Tripoli.

The opposition force —
estimated between 500 to
1,000 fighters — pushed out
of the rebel-held eastern half
of Libya late last week for the
first time and has been cut-
ting a path west toward
Tripoli. On the way, they
secured control of two impor-
tant oil ports at Brega and
Ras Lanouf.

On Saturday night, the
rebels pushed as far west as
the town of Bin Jawwad,
about 110 miles (160 kilome-
ters) east of Sirte. But after
they reached it, they pulled
back east about 30 miles to
the town of Ras Lanouf for
the night.

Unbeknownst to the oppo-
sition, pro-Gadhafi forces
moved into Bin Jawwad
overnight and when they
rebels returned at daylight,
they came under a barrage of
fire from helicopter gunships
and artillery and rockets from
the ground. Associated Press

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency re-
sponsible for regulating the Investment Funds, Securities and Capi-
tal Markets in the Bahamas through its administration of the Se-
curities legislation (the Investment Funds Act, 2003 and Securities
Industry Act, 1999), is seeking candidates for the following positions:

Field Examiner

Responsibilities:

Plan and conduct field inspections of licensees and registrants
of the Commission
Conduct informational interviews with licensees and registrants
of the Commission
Prepare compliance reports and deficiency letters to licensees
and registrants upon completion of field inspections

Monitor and follow up with licensees and registrants on satis
factory resolution of deficiencies identified in inspection reports
Assist with investigations of regulated and unregulated
securities, mutual funds and capital market participants

Review and analyze financial statements of licensees and
registrants of the Commission

Qualifications and Experience:

Bachelor’s degree Accounting

Internal or external audit experience
Knowledge of securities, mutual funds and capital markets
products / Series 7 or equivalent
Knowledge of Securities, AML/KYC and Financial and
Corporate Service Providers Legislation
1-2 years experience in auditing or public accounting
Knowledge of the Securities Industry.

Competencies:

Ability to work well with a team

Analytical thinker, achievement oriented

Strong Organization skills
Strong written and oral communication skills
Proficiency in Microsoft Office (Word, Excel, Outlook)

A competitive salary and benefits are being offered.
To apply, please write attaching a resume to:

MANAGER - CORPORATE AFFAIRS
SECURITIES COMMISSION OF THE BAHAMAS

P. O. BOX N-8347

NASSAU, BAHAMAS

Fax: 356-7530

E-Mail: info@scb.gov.bs

Applications should be submitted no later than March 21, 2011



they battle Gadhafi's troops , outside the town of Bin Jawwad, eastern Libya, Sunday, March 6, 2011. Libyan
helicopter gunships fired on a rebel force advancing west toward the capital along the Mediterranean coastline
Sunday and forces loyal to leader Moammar Gadhafi fought intense ground battles with the rival fighters. (AP)

reporters at the scene saw
fierce battles raging through-
out the day.

From the edge of Bin
Jawwad where the rebels
massed, a steady barrage of
rockets and artillery fired by
pro-Gadhafi forces thumped
to the ground throughout the
day to keep them from
advancing. But the mood was
still upbeat, with some of the
opposition supporters drap-
ing themselves in the rebel
flag.

At one point, about 50
rebel fighters were trapped
inside a mosque, and their
comrades who had retreated
to the edge of the city sud-
denly surged forward in 20
pickup trucks to try to rescue
them. The drove into the
bombardment and one of the
trucks was hit, sending a huge
plume of black smoke into the
air.

Rebel soldier Musa
Ibrahim said Gadhafi's forces
took hostages in the town in
the morning.

"They took one of every
family hostage to keep them
from fighting,” he said.

During the fighting, ambu-
lances sped back east toward
a hospital in nearby Ras
Lanouf while rebel trucks, at
least four of them mounted
with multiple-rocket launch-
ers, raced west to reinforce
the front lines.

Six people were killed in
the fighting for Bin Jawwad
and a French journalist for
France 24 TV was among 60
people wounded, hospital
officials said.

The government also
launched airstrikes against
Ras Lanouf, the rebel con-
trolled oil port 30 miles east of
Bin Jawwad. A warplane
attacked a small military base.

Regime forces shelled rebel
positions there with rockets
and artillery.

In Misrata, a city east of the
capital about halfway down
the road to Sirte, residents
said the rebels repelled a gov-
ernment counteroffensive to
seize back control.

The regime forces attacked
just before noon with tanks,
mortars, artillery and anti-air-
craft guns. A heavy gunbat-
tle raged for about five hours
and residents said they were
choking on the smoke that
clogged the air.

After the pro-government
forces pulled back, there were
celebrations in the streets with
women ululating, and others
cheering the victorious rebels.
Residents drove through a
downtown square, honking
horns in a victory celebration

SEE page 19

PUBLIC NOTICE

This notice is to inform the General Public that Ms, Henrett

Role 1S no longer employed by the Water & Sewerage

Corporation, an as Such sé isnt authorized to conduct any

business on behalf ofthe Corporatio,

Signed: Management

Water & Sewerage Corporation





THE TRIBUNE



Libya forces try to halt
rebel move toward capital

FROM page 18

and waving white flags.

Abubakr al-Misrati, a doc-
tor at Misrata hospital said 20
people were killed, 14 of them
from Gadhafi's forces, and
100 injured.

In Tripoli, the capital of 2
million that is most firmly in
Gadhafi's grip, residents
awoke before dawn to the
crackle of unusually heavy
and sustained gunfire that
lasted for at least two hours.
Some of the gunfire was
heard around the sprawling
Bab al-Aziziya military camp
where Gadhafi lives, giving
rise to speculation that there
may have been some sort of
internal fighting within the
forces defending the Libyan
leader inside his fortress-like
barracks. Gadhafi's where-
abouts were unknown.

Libyan authorities tried to
explain the unusually heavy
gunfire by saying it was a cel-
ebration of the regime taking
back Ras Lanouf and Misrata,
though both places appeared
to still be in rebel hands.

After the gunfire eased in
the early morning, thousands
of Gadhafi's supporters
poured into Tripoli's central
square for a rally that lasted
all day, waving green flags,
firing guns in the air and hold-
ing up banners in support of
the regime. Hundreds drove
past Gadhafi's residence, wav-
ing flags and cheering. Armed
men in plainclothes were
standing at the gates, also
shooting in the air.

The uprising against Gad-
hafi, which began just days
after President Hosni
Mubarak was ousted by pro-
testers in neighboring Egypt,
is already longer and much
bloodier than the relatively
quick revolts that overthrew
the longtime authoritarian
leaders of neighboring Egypt
and Tunisia.

In contrast, Libya appears
to be sliding toward a civil
war that could drag out for
weeks, or even months. Both
sides appear relatively weak
and poorly trained, though
Gadhafi's forces clearly have
the advantage in terms of
number and equipment.

The conflict took a turn late
last week when the govern-
ment opponents, backed by
mutinous army units and
armed with weaponry seized
from storehouses — went on
the offensive. At the same
time, pro-Gadhafi forces have
conducted counteroffensives
to try to retake the towns and
oil ports the rebels have cap-
tured since they moved out
of the rebel-held east.

The regime has also fought
throughout the weekend to
retake control of Zawiya west
of Tripoli — where bloody
street battles were reported.
Zawiya, just 30 miles from
Tripoli, is the closest rebel-
held city to the capital.

On Sunday, Zawiya resi-
dents said rebels were back
in control of the city after a
three-hour battle. Pro-Gad-
hafi forces entered in full
force with tanks, anti-aircraft
guns and mortars, firing them
at people and buildings. Res-
idents said the fighters seized

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weapons, ammunition, tanks
and pickup trucks from the
retreating forces.

They said the pro-Gadhafi
forces had withdrawn to the
outskirts of the city and they
were bracing for a new offen-
sive.

On Saturday, residents said
the city was attacked by 26
tanks. But thousands went out
to fight the attacking force at
the square. One rebel said
opposition fighters also took
hostages on Saturday and shot
and killed at least 10 of them
in a hotel near the square.

"The determining factor in
these battles is the mercenar-
ies and regime fighters,” said
the rebel fighter. "Their
motive is financial, no more
and no less. This is the differ-
ence between them and some-
one like us who is defending
his land and country."

"At the beginning (of fight-
ing), our weapons were rudi-
mentary. But every time they
attack us, we seize their
weapons,” he said.

Most of the residents inter-
viewed spoke on condition of
anonymity for fear of
reprisals.

The uprising has put Gad-
hafi back in a position he has
known before — internation-
al isolation. The U.N. has
imposed sanctions, and
Libya's oil production has
been seriously crippled by the
unrest. The turmoil has
caused oil prices to spike on
international markets.

The U.S. is demanding
Gadhafi give up power and
has moved military forces
closer to Libya's shores to
back up its demand.

If the rebels continue to
advance, even slowly, Gad-
hafi's heavy dependence on
air power could prompt the
West to try hurriedly enforce
a no-fly zone over the country
to prevent the regime from
defeating the rebels.

However, enforcing a no-
fly zone could take weeks to
organize and, as U.S. Defense
Secretary Robert Gates has
said, it must be preceded by a
military operation to take out
Libya's air defenses. The
United States, which has air
assets in the Mediterranean
and the Persian Gulf regions,
would almost certainly seek
a U.N. Security Council reso-
lution authorizing military
action against Gadhafi's
regime.

But Washington has
expressed wariness about talk
of imposing a "no fly" zone
over the North African
nation.

The chairman of the U.S.
Senate Foreign Relations
Committee, Democrat John
Kerry, said Sunday the U.S.
and its allies should plan for a
no-fly zone over Libya under
an international agreement.
He said he does not see a no-
fly zone as stepping over the
line into military intervention.

British Foreign Minister
William Hague urged Gad-
hafi to hand over power and
put an “immediate stop” to
the use of armed force against
Libyans and give up power.
He said a no-fly zone over
Libya is still in an early stage
of planning and ruled out the
use of ground forces.

MONDAY, MARCH 7, 2011, PAGE 19

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PAGE 20, MONDAY, MARCH 7, 2011 THE TRIBUNE





Bay LOCAL NEWS

@x CURRENT ISLAND, ELEUTHERA: FOSTER HOME
| , *





DEDICATION: Around 100 people
celebrated the dedication of the
Zion Children’s Home on Friday.






TRUCTED BY

cons TRUCTED SY

OFTHE |

HAMAS CONFERENCE |
a 7 CHURCH



GUIDED TOUR: Minister of State for Social Services Loretta Butler-Turner tours one of the cot-
tages at the Zion Children’s Home.

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net



BIG-HEARTED com-
munity in the remote set-
tlement of Current
Island, Eleuthera, will
help care for a quarter of

the children across the country who have
suffered abuse, neglect or abandonment and
are in need of foster care.

The Zion Children’s Home will house 56
children between the ages of two and 12 and
nearly double the population of around 50
residents in Current Island when complete.

It was a project conceived by community
matriarch Myrtis Brown, who died in June,
and her three daughters, Geleta Turnquest,
Earmily Munroe and Ann Dean.

They brought the community together to
donate more than 10 acres of generational
property for the foster home and won sup-
port from the Bahamas Conference of the
Methodist Church and department of social
services to execute their plans.

Partners of the Methodist Church in the
United States generously donated over
$100,000 for the building, architects drew
up plans valued at $55,000 for free, Current
resident Osbourn Weech volunteered his
services as project manager and workmen
constructing the buildings are working for
half-pay.

The site will consist of seven cottage-style
homes, each housing eight children, and an
administrative building as well as sports and
recreational facilities.

Now two of the cottages are at belt stage
and are expected to open in October and
take in the first 16 children, who will join
the Current Island School of just eight pri-
mary students.

A ceremony was held at the site on Friday
to dedicate the children’s home and pay trib-
ute to those who have funded and facilitated
the project. Around 100 people attended
the ceremony including Minister of State

for Social Services Loretta Butler-Turner,
donors, volunteers and a large group of pilots
from across North America who had flown
in for a Bahamas Habitat conference in
South Eleuthera this weekend.

Mrs Butler-Turner said she has supported
the project since she learned of it on her
first visit to Current Island three years ago.

More than 200 children across the country
are in need of foster care, and she said the
children’s home will be a great help as the
department of social services strives to secure
permanent homes for them and appeals for
more foster families to take children in.

“Tt will afford them a wonderful oppor-
tunity for positive growth, positive develop-
ment and a wholesome upbringing in this
beautiful place,” the minister said.

Love

“We will not only be providing shelter
for our children, but much needed love and
protection for every Bahamian child that
deserves it.”

Co-founder of the Zion Children’s Home
and Current Island native Geleta Turnquest,
58, has fostered three children, and helped
raise 11.

She believes Current Island will provide a
safe haven for children and the support they
need to grow into well-balanced individu-
als.

“T wouldn't consider them any different
from my own children,” Mrs Turnquest said.

“Tf social services find they’re in an abu-
sive house and take them out, they would
normally send them to a relative, but they
might still be vulnerable there.

“Tf they are here, no one can get here
without you knowing, so they will be safe.

“And we don't want them to be institu-
tionalised, they are going to be integrated
into our community.”

The Zion Children’s Home is also expect-
ed to boost the local economy as it will ini-
tially create over a dozen jobs on the island
where residents primarily earn an income
by fishing and selling strawwork.

snack Attack WViea



SHELTER, LOVE AND PROTECTION: The Zion Children’s Home site in Current Island.
Megan Reynolds/Tribune staff

PISS







Construction —
lecline worse
than thought —

But $400m Baha Mar
work will lead to
sector’s ‘resurrection’



STEPHEN
WRINKLE

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

1 ee eae family currently own 78 per

and a continued decline in the oe oe

number of houses being built ; : ;
for low-and middle meena vehicle, confirmed when con-
Bahamians, contributed to }
“depressing” construction }
industry indicators showing a }
75 per cent drop in the value
of building starts during the

project construction starts,

2010 second half.

“It’s a depressing number
to have to face. We had
always hoped it would be }
somewhat better than that, }

By NEIL HARTNELL

though we may feel that the } Tribune Business Editor

economy is showing some
signs of stabilizing, it took a }
longer time for the trickle } power Station suffered a

down negative effects to hit ? force outage rate that was

the housing market and it will ! two-three times’ the interna-

take a longer time for posi- i tional industry average
., ~$ between 2007-2009, a report
said : by international consultants

president of the Bahamian } ;éyealed, with the practice of

Contractors’ Association i deferred maintenance set to
? cause the Corporation “high-

He was commenting on } ey expenditures and capacity

construction indicators figures i shortcomings” in the medium

released by minister of public } tg long-term.

works, Neko Grant, during }
the mid-term budget debate. ? based consultants Fichtner,
Mr Grant provided figures f part of an Inter-American
i Development Bank (IDB)

an 85 per cent drop in the val- supported

ue of construction starts in the i strengthen the Bahamian

July to September 2010 peri- ; energy sector, warned that
i BEC’s focus on the short-

compared to 2009 in the } term, rather than medium and

October to December peri- : Jong-term planning, was lead-

od. This amounted to an over- } ing to “costly solutions” that

all decline during the first six } Would
ae : : increase the burden placed on
Building completion values ? jt; 190,000 business and resi-
i dential cust :

of 83 per cent and 58.5 per } pec)
cent respectively over the i operational performance,
same periods during the pre- } Fichtner said that during its
i fi ial di Sep-
at $111.147 million for the | tember » 30. 2009. th
first quarter and $119.171 mil- L “deterred overhaul and low
: : availability” of Clifton Pier
This suggests that a number i meant that BEC had to use
; ; : the Blue Hills power station
to a conclusion during the ! “to an unnecessarily high

? extent”.

but the truth is that even

tive (economic) trends to hit
the housing market,”

(BCA), Stephen Wrinkle.

which showed that there was

od, and a 30 per cent drop

months of 75 per cent.

showed significant increases

vious year, added Mr Grant,

lion for the second quarter.
of high value projects came

year but new ones did not
replace them.

Mr Grant noted that there of the gas turbine units......
: : : caused unnecessarily high fuel
per cent, respectively, in the } costs,”
: ? “Clifton Pier Power Station
ed during the two quarters : showed a high forced outage
i rate of between 10 per cent
: and 16 per cent in the past
i three years, while a typical

? benchmark would be a maxi-

have been “down about 50 i mum 5 per cent.

per cent” over the previous }

year, and these figures show : slow processing of purchase

: orders, which in 2009 resulted
: in the situation that the pow-

? er plant overhaul works had

decline in the value of starts in i not been finished on time

2010 equates to “thousands } before the summer peak, and
roe i that Clifton Pier Power Sta-
throughout the entire indus- tion could not generate as typ-
i ical in th before.

“People have been doing } Bi nie ri me ata

were increases of 2.3 and 6.2
number of buildings complet-
over the previous year.

In response, Mr Wrinkle

said there was a feeling in the
industry that activity may

that matters were somewhat
worse than expected.

He said the impact of the
of construction jobs” lost
try.
small jobs to hang on, scram-

that,” the BCA president
added.

projects getting underway in

SEE page 3B

THE TRIBUNE

usine

MONDAY,

MARCH 7,



2011

City Markets’ Robin
Hood talks warm up

Principals of City Markets

? and Robin Hood held a series
: of meetings towards the end
: of last week to explore merg-
? er/acquisition possibilities
i between the two major food
? retailers, Tribune Business
i can reveal, with the former
i now preparing to conduct due
: diligence in a bid to progress
i the talks further.

Mark Finlayson, whose

their Trans-Island Traders

SEE page 4B

=

store in Prince Charles Drive.

CLIFTON PIERS FORCED OUTAGES

BEC’s main Clifton Pier

The report by German-

initiative to

ultimately only
Detailing BEC’s recent
30,

2009, the

“This uneconomic dispatch

Fichtner noted.

“The plant suffers from the

“The maintenance expen-

; i ditures of Clifton Pier Power
bling to put food on the table, } station are relatively high for

and these figures strengthen this type of power plant. This

i may be caused by the age of

. : : : many of the units and related
— Sa aps } auxiliaries. However, the
ae ? maintenance expenditures
Investment-related building } : ees
: obviously are not sufficient to

: ensure typical availability.”

SEE page 6B

* Report warns BEC’s
deferred maintenance
habits will lead to ‘higher
expenditures and capacity
shortcomings’

* Short-term decisions
leading to ‘costly
solutions’

* Family Island losses
high compared to region

Â¥,
"h. |

a.
Ls
ow

li Books to be opened up to Finlayson, with due
| diligence undertaken
: lM Robin Hood principals said to be ‘weighing
options’ and talking to several parties, eyeing
food business divestment

SBy NEIL HARTNELL
: Tribune Business Editor



MERGER/ACQUISITION TALKS: Shoppers look for goods at the Robin Hood

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



<

Dh hs

BREITLING BOUTIQUE

ee ee ee ee

=i

BREITLING

‘Speechless’ on
the ‘devastating’
roadworks effect

* Robin Hood chief on Prince Charles closure:
‘How would anyone expect us to survive that?’
* Impacted Superwash outlet brings in $1 out
of every $5 of firm’s revenue

* Ministry official admits closure ‘a bit radical’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Sandy Schaefer, owner of Robin Hood, was left “speech-
less” on Friday when he discovered that a portion of Prince
Charles Drive directly in front of his newly-opened store will
be closed to through traffic as of today - a move which has
been projected to have a “devastating” impact on companies

in the affected area.

Mr Schaefer, who was informed for the first time by Tri-
bune Business of the plans by the Ministry of Public Works
to limit vehicular access to a 2,000 foot stretch of the major
thoroughfare, described the move as “unconscionable”,
adding: “How would anyone expect us to survive that?”

A public works official said that despite the “six to eight-
week” road “closure”, access by patrons to local businesses
will still be allowed, as will access by residents.

SEE page 7B



‘GOOD STORY’ MUST BACK
$100M WORTH OF IPOS

By NEIL HARTNELL
Tribune Business Editor

The quality of the underly-
ing investment opportunity
will determine the success of
this year’s initial public offer-
ings (POs), which will offer
equities collectively worth
more than $100 million to
Bahamian investors, although
concerns remain about the
market’s ability to absorb so
much in a relatively short
timeframe.

SEE page 5B

* Concerns about equities
market's ability to absorb
Commonwealth Brewery,
BIC and Arawak Cay port
in such short time linger

* Investment adviser warns
they will have to overcome
‘a lot of negative issues’
related to recent poor
performance of equities

BREITLING

INSTRUMENTS FOR PROFESSIONALS"â„¢





PAGE 2B, MONDAY, MARCH 7, 2011

THE TRIBUNE



























































EXCITING AND CHALLENGING OPPORTUNITY FOR
YOUNG BAHAMIANS

Imagine a career which will take you to the world’s most fascinating ports
and far flung destinations. A Maritime career could take you there.

Do you have, or are likely to have, 5 BGCSE passes, including Math,
Physics/Combined Science and English Language at grade ‘C’ or above?

Have you obtained ,or do you expect to achieve, a combined SAT score
of at least 1500?

Are you physically fit?
Are you between the ages of 16 and 20 years?
If you have answered “yes” to the questions above then read on.

The Bahamas Maritime Authority offers another attractive scholarship
to young academically sound Bahamians who are keen to train for an
exciting and challenging career in the Maritime Industry which is gaining
increasing national importance.

This scholarship is inclusive of tuition, fees, course material, accommodation
and transportation costs. Commencing in September 2011, the successful
candidate will follow a 4 year degree programme at the State University of
New York (SUNY). Upon completion of the degree, the qualified officers
will be expected to serve on board a Bahamian flagged vessel for at least
2 years providing the solid foundation upon which to build his/her Maritime
career.

Further information and
application forms can be
obtained from Mr. Arthur
Barnett Jr. Deputy Director,
Bahamas Maritime Authority,
Manx Corporate Centre, West
Bay Street, P O Box N-4679
Nassau, Bahamas, email:
abarnettjr@bahamasmaritine.com

tel: 356 5772, fax: 356 5889.

Completed applications must
be submitted in person or by
post, with copies of academic
certificates/transcripts = and
proof of Bahamian citizenship,
no later than Thursday, 31
March, 2011. Interviews will
take place in Nassau first
week in May.

Quality Products

oqPpRicestae” en |
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ee

By ROYALFIDELITY
CAPITAL MARKETS

It was a moderate week of
trading in the Bahamian stock
market. Investors traded in
seven out of the 24 listed
securities, with one advancer
and two decliners.

EQUITY MARKET

A total of 29,680 shares
changed hands, representing
an increase of 11,030 shares
compared to the previous
week's trading volume of
18,650 shares.

Finance Corporation of the
Bahamas (FIN) was the vol-
ume leader and big decliner,
trading a volume of 6,000
shares to see its stock fall
$0.37 and close at $5.88, a new
52-week low.

Bank of the Bahamas
(BOB) was the sole advancer,
trading a volume of 4,000
shares to see its stock price
increase by $0.10, closing at
$4.50.

Doctor's Hospital Health-

care Systems (DHS) saw
5,000 shares trade to close
unchanged at $1.40.

Commonwealth Bank
(CBL) traded a volume of
4,500 shares to close
unchanged at $6.80.

Fidelity Bank Bahamas
(FBB) traded a volume of
1,000 shares, its stock price
falling $0.21 to close at $1.96,
anew 52-week low.

BOND MARKET
No notes traded during the
week.

COMPANY NEWS

Earnings Releases:

First Caribbean Interna-
tional Bank (Bahamas) (CIB)
released its audited financials
for the year ended October
31, 2010.

Net income for the period
decreased by $16.8 million or
21 per cent year-over-year to
$61.9 million.

Net interest income
decreased by $13.9 million to
$129 million, while other

Week ending 04.03.11

operating income increased
by $14.8 million to $40.1 mil-
lion. Operating income
increased to $169 million.

Operating expenses for the
period were $107.3 million,
increasing by $17.7 million or
20 per cent from $89 million
the previous year.

CIB's loan loss impairment
increased from $18.5 million
to $30.2 million, or 63.3 per
cent year-over-year.

Earnings per share for the
year were $0.51, compared to
$0.65 in the previous year.

Total assets and liabilities
of CIB at October 31, 2010,
were $3.6 billion and $2.9 bil-
lion respectively, compared
to $3.8 billion and $3.1 billion
as at October 31, 2009.

AGM Notice:

Finance Corporation of the
Bahamas (FIN) has
announced its AGM will be
held at the British Colonial
Hilton Hotel on March 17,
2011, at 6.30 pm.

BISX SYMBOL CLOSING PRICE WKLY PRICECHANGE VOLUME YTD PRICE CHANGE

AML $ 1.04 $- 0 7.22%

BBL $ 0.18 $- 0 0.00%

BOB $ 4.50 $0.10 4,000 8.16%

BPF $ 10.63 $- 0 0.00%

BSL $ 5.01 $- 0 0.00%

BWL $ 2.70 $- 0 0.00%

CAB $ 10.21 $- 0 2.39%

CBL $ 6.80 $- 4,500 2.86%

CHL $ 2.40 $- 4.680 0.00%

CIB $ 9.39 $- 0 0.00%

CWCB 224 $0.06 0 21.86%

DHS $ 1.40 $- 5,000 12.50%

FAM $ 5.25 $- 0 13.51%

FBB $ 1.96 $-0.21 1,000 9.68%

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Notes Due 2022

a L.
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THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 3B



“Multi-million souvenir
sector remains possible

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

A boom in the number of
entrepreneurs making authentic
Bahamian projects provides for
the possibility of a “multi-mil-
lion dollar souvenir industry”,
the Prime Minister believes.

Hubert Ingraham said he
finds the growth in the number
of Bahamians producing items
such as straw bags and shell
jewellery, which can be sold to

tourists, “enormously encour-
aging”.
The standard of the

work being produced has risen
in recent times in terms of both
quality and availability, he not-
ed. The Prime Minister sug-
gested the trend is due to the
continuing efforts of the
Bahamas Agricultural and
Industrial Corporation’s
(BAIC) program of training
opportunities for hundreds of
Bahamians in a variety of areas,
providing for enhanced skills

in the manufacturing of handi-
crafts using shells, coconuts,
straw, sisal and batik dyeing.

“This program is winning
rich reward,” said Mr Ingra-
ham. He was speaking at the
Agri-Business Expo 2011 last
week, where dozens of Bahami-
an artisans came out along with
farmers and food processors to
showcase their Bahamian-made
goods. “The improvement in
the quality and availability of
these handicraft and souvenirs
is evident in the number of such
goods being sold in stores
throughout the country, includ-
ing items which I recently saw
displayed at the opening of the
new US Departure Terminal at
LPIA,” Mr Ingraham said.

“This is all a matter of
Bahamian pride, and a testa-
ment to the success of the pro-
gramme and the innovation and
creativity of the men and
women involved in handicraft,”
said the Prime Minister.

An additional benefit of the
growth in this industry is that

those who participate in it, both
the artisans and people who
collect the materials, such as
sisal, which are necessary for
them to make their products,
are “spread throughout our
islands", so the economic ben-
efits are, too.

However, the Prime Minis-
ter warned that two challenges
must be faced if the industry is
to meet its true potential.

“First, we must create prod-
ucts which are beautifully
designed and well-finished in
terms of craftsmanship and
detail. We should not stint in
the effort to make our Bahami-
an handicraft products of great
aesthetic value,” Mr Ingraham
said. “Second, we must be reli-
able in producing an inventory.
This has often been a problem
in this industry One day the
product is available, then the
next day there is a gap in sup-
ply. If we are to meet world
standards we must be reliable in
meeting demand for affordable
and quality products.”

Construction decline worse than thought

FROM page 1B

2009 would have played a big part in the figure.
However, as “housing underpins the construction
, a decline in the number of low and mid-
dle income Bahamians building new homes
would have also added to the drop-off in starts.

“We didn’t have any high dollar starts last
year, and the housing sector continued to decline.
Although the housing sector, dollar wise, may
not have as big an effect as a big ticket FDI pro-
ject, the trickle down economically from the
housing sector is far more significant,” Mr Wrin-
kle said. “That’s why we think, generally speak-
ing, people are hurting in the construction indus-
try because there’s just not as many jobs. There’s
one or two big jobs that came online but that
did not affect a broad enough spectrum to have a

sector”

real impact.”

The BCA president added that just as the
impact of the economic downturn appears to
have taken a while to be fully felt in the new
housing market, any turnaround will also only be
felt in the industry further down the line.

LIVE

REGISTER TODAY

Wednesday,

“Tt will take a while to go through to the hous-
ing market, particularly the low and middle class

housing market. A lot have consumer bills to
pay off before they can get back to the mort-
gage market. All the credit cards are maxed out
and all of that has to be satisfied.

“Generally the mortgage industry has tight-
ened up, and although maybe the number of
applicants has not declined, the number of qual-
ifying applicants has declined and until things
stabilise the strength of those requirements is
likely to to remain in effect,” he said.

However, the BCA president said he expects
the Baha Mar project to be a "catalyst" for activ-
ity in the industry, with $400 million mandated to
be spent on hiring Bahamian contractors to par-
ticipate in the works. "I think that single and
historic brushstroke of mandating Bahamian par-
ticipation in this project paves the way for the res-
urrection of the industry. As you get Bahamian
contractors and sub-contractors on board you
will begin to see the money flow. That's why it is
imperative that we maintain this policy of
Bahamian contractors’ participation in these FDI
projects,” Mr Wrinkle said.

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The National Insurance Board
of the Commonwealth of The Bahamas

Proposal For Independent Auditors

The National Insurance Board (NIB) invites suitably qualified accounting firms to submit a proposal
to serve as independent auditors for the audit of the National Insurance Fund's consolidated financial
statements for the fiscal year ending December 31, 2011, subject to renewal for an additional two
years, The financial statements are to be completed in April, following the year-end,

The 2009 Annual Report can be accessed at wwrw.nib-bahamas.com
The proposal should include, but not be limited to:
. General information on the fiem and its local and/or international affiliates,

. The qualifications and experience of the principals of the firm, including comments regarding
other professional staff members’ skills and competence.

. Information on the firms audit experience in financial institutions similar in size or narure to

the NIB.

The approach and time-line that will be adopted for the audit and related services that the firm
can provide the NIB

. Comments with respect to the firm’ independence.
6. Estimates of fees and billings.

Proposals should be addressed to:
The Director
THE NATIONAL INSURANCE BOARD
Clifford Darling Complex
Baillow Hill Road

Nassau, Bahamas

and marked “Proposal to Serve as Independent Auditors’ , co arcive at the Director's Office no
later than 4:00 p.m. on Friday, April 29, 2011, The NIB reserves the right to reject any or all

renders,

NOTICE

IN THE CIRCUIT COURT OF THE FIFTEENTH JUDICIAL CIRCUIT
IN AND FOR PALM BEACH COUNTY, FLORIDA

CASE NO: 50 2010 DROOTTTaXXXXxXNB
FAMILY DIVISION F.!

IN THE MATTER OF THE
TERMINATION OF PARENTAL
RIGHTS FOR THE PROPOSED
ADOPTION OF 4 MINOR CHILD

Re: Baby Boy Sturrup
(DOB: 23/2010)







RIGHTS PENDING ADOPTION

To: Edward Sturrup
Last Known Place of Residence: Nassau, Baharnas
Physical Description: African American Male, 62°, 250 Ibs., brown hair, brown eyes
and then build
Date of Binh: 09271972

YOU ARE NOTIFIED that a Petition to Terminale Parental Rights Pending
Adoption has been filed in the abowe-styled Court for the adoption of infant Sturrup, a
male child born on August 23°, 2010 al Northshore Medical Center, Miami, Dade
County, Florida, ‘You are required to serve a copy of your written defenses, if amy, to wit
on Lauren Feingold, Esq., for The Law Offices of Feingold & Kam, LLC, whose address
is 5100 PGA Bld. 2° Floor, Palm Beach Gardens, FL 33418 and file the original with
the clark of the above-siyied court on or before thirty (30) days from the date of the first
publication of this notice

There will be a hearing on the Petibon to Terminate Parental Rights Pending
Adoption on March 16th, 2077 at 10000 A.M. before Judge Amy Smith, Room 3, at the
Palm Beech County Courthouse, 3166 PGA Blyd.. Palm Beach Gardens, Florida 3418.
The Court has sel asiche fifteen (16) minules for this hearing,

UNDER SECTION 63.089, FLORIDA STATUTES, FAILURE TO TIMELY FILE A
WRITTEN RESPONSE TO THIS NOTICE AND PETITION WITH THE COURT AND TO
APPEAR AT THIS HEARING CONSTITUTES GROUNDS UPON WHICH THE COURT
SHALL END ANY PARENTAL RIGHTS YOU MAY HAVE OR ASSERT REGARDING
THE MIMOFR CHILD.

WITNESS my hand and seal of eaad Court on Sane \%, 2049

Sharon. Block

(Clerk ae Court
Wye Nae

gfe Clerk
ELL J MORRIS

If you are a person with a disability who needs any accommodations im order to
Panicipaie in ihis proceeding, you are entitled, at no cost io you, to the provisions of
certain assistance, Pleese contact the ADA coordinator at the Palm Beach County
Courthouse, 3188 PGA Blyd., Palm Beach Gardens, FL 33418, Telephone number
(357) 355-2431, within bee (2) working days of your receipt of this Molkce of Hearing, If
WOU are hearing of voice impaired, call TOO 1-400-955-4771



PAGE 4B, MONDAY, MARCH 7, 2011

THE TRIBUNE





FROM page 1B

tacted by Tribune Business
that he was in talks with
Robin Hood’s principals,
Sandy Schaefer and Suresh
Khilnani, who are understood
to be exploring their options
for the business that just
opened its second Nassau
location at the former Pepsi
building on Prince Charles
Drive.

This newspaper contacted
Mr Finlayson after multiple
food retail industry sources
told it that he was meeting
with the Robin Hood duo in
Nassau last Thursday, an
event that also included a tour
of the Prince Charles drive
store. The negotiations con-
tinued the following day in
Miami, where Mr Finlayson
visited Mr Khilnani’s whole-
sale operation, WH Trading.

Tribune Business’s contacts
suggested the talks revolved
around an initial partner-
ship/alliance between City
Markets and Robin Hood,
with the former ultimately
acquiring the latter, but Mr
Finlayson said it was too ear-
ly to suggest that the frame-



City Markets’ Robin
Hood talks warm up

work for any deal had been
agreed.

“We are talking to them,
and they’ve made it no secret
that they’re talking to other
people,” Mr Finlayson told
Tribune Business of the
Robin Hood owners.

“We're at the state where
we’re talking. It’s one of those
things where we’re examin-
ing and are going to doa due
diligence on them. They’ve
made it clear they’re interest-
ed in divesting the food part
of their business. They’re not
interested in selling off the
whole thing.

“They’re just weighing up
their options. I can’t say that
we’ve got a lock on them, or

NOTICE

SALGAR LIMITED

NOTICE IS HEREBY GIVEN as follows:









(a) SALGAR LIMITED is in voluntary dissolution
under the provisions of Section 137 (4) of the
International Business Companies Act 2000.







(b) The dissolution of the said company commenced




on the 22nd February, 2011.

(c) The Articles of Dissolution were submitted to and
registered by the Registrar General.

(d) The Liquidator of the said company is Octagon
Management Limited, Nassau, Bahamas

Dated this 25th day of February, A. D. 2011



Octagon Management Limited
Liquidator

that we will have, although
we might like to. They’re
being very open and honest
with us, and are talking to a
few people. I like what I see.”

The warming-up of talks
between the two food retail-
ers comes just days after Mr
Finlayson revealed that he
had been instructed by the
Associated Bahamian Dis-
tillers and Brewers Board
(ABDAB), the company in
which his family owns a 70
per cent stake (and is also
aiming to take over the 78 per
cent City Markets stake), to
initiate discussions on poten-
tial sector consolidation with
both Robin Hood and Phil’s
Food Services.

That followed the decision
to abandon the $12 million,
$1.50 per share ‘hostile’
takeover bid to acquire AML
Foods, and Mr Schaefer last
week told Tribune Business
he would be open to such dis-
cussions provided they made
“financial sense”.

Things can often move fast
in the world of business, and
Mr Finlayson confirmed to
Tribune Business: “They’ve
opened up the books to us,
and are allowing us to do due
diligence, but they’re making
it clear they have other
options.

“T don’t know whether or
not they’re talking to a
Bahamian. I think they’re

NOTICE

AL TOUQG HOLDINGS LIMITED

NOTIC EIS HEREBY GIVEN as follows:

(a) ALTOUQ HOLDINGS LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on

the 22nd February, 2011.

(c) The Articles of Dissolution were submitted to and
registered by the Registrar General.

(d) The Liquidator of the said company is Octagon
Management Limited, Nassau, Bahamas

Dated this 25th day of February, A. D. 2011



Octagon Management Limited
Liquidator

Goods-In-Transit and Cyber
shop/Burglary Insurance

2011 -

2012

The Bahamas Telecommunications Company Lid. (BTC) is pleased
to invite Tenders to provide the Company with insurance coverage
for its Goods - In - Transit and Cyber Shop/Burglary policies.

Interested companies/firms may collect a Tender Specification from
the Security's Desk located in the Administrative building on John F.
Kennedy Drive, between the hours of 9:00 a.m. and 5:00 p.m.
Monday through Friday.

The deadline for submission of tenders is March 9th, 2011. Tenders
should be sealed and marked “TENDER - GOODS$5-IN-TRANSIT AND
CYBER SHOP BURGLARY INSURANCE" and should be delivered to
the attention of the Acting President and CEO, Mr. |. Kirk Griffin.

BIC reserves the right to reject any, or all Tenders.

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talking to someone foreign. I
think they’re two straightfor-
ward guys and are being as
honest as they can with us.

“What I like about them
[Schaefer and Khilnani] is
they are very straightforward,
and lay their cards on the
table. Whether it’s good or
bad, they tell you exactly how
it is. These are guys you can
do business with, because
you're not going into a losing
situation.”

Mr Schaefer could not be
contacted for comment by
Tribune Business, despite
numerous messages left for
him over the weekend. This
newspaper understands,
though, that Robin Hood and
its aggressive expansion plans
took a big hit when it was
unable to meet Ministry of
Works requirements and
open its Prince Charles Drive
store in time to catch the
Christmas and New Year’s
sales.

The retailer lost “several
million dollars” in revenues
at that time, funds that were
critical to carrying it through
the relatively slow trading
period until Easter, having
invested around $7 million in
acquiring the former Pepsi

plant and developing the
Prince Charles site.

“T think they got a really
bad break at Christmas time,”
Mr Finlayson told Tribune
Business. “We’ve been doing
very well at our eastern loca-
tion, but we were still very
surprised to see what Sandy’s
sales are like.

“That’s our fastest growing
store, but I was shocked to
see what he’s doing in sales.
He’s taken market share from
someone.”

Asked about the prospects
for a deal being struck, Mr
Finlayson said: “We can prob-
ably put something together
with them, if we are not bit
by someone else. That’s the
problem.

“We’re trying to see if we
can really consolidate this
industry. It has to happen.
There’s no two ways about it.
They have a good business,
and that location out east is a
good location, but I’m very
surprised with the sales they
have done.”

Robin Hood’s ownership of
the Prince Charles Drive
property could be especially
attractive for ABDAB if it
does take majority control at
City Markets, given that it is
now a real estate holding
company.

The Tonique Williams-Dar-
ling Highway property may
be less attractive, given that it
is leased - at around $50,000
per month - from landlord
and former PLP MP and Min-
ister, Leslie Miller. That site
would also rub-up against
plans for a City Markets
SuperCentre at a property
owned by ABDAB on JFK
Drive/Bethel Avenue.

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Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

SAST VENTURES LTD.

In Voluntary liquidation

Notice is hereby given that in accordance with Section
137(4) of the International Business Companies Act (No.
45 of 2000) SAST VENTURES LTD. is in Dissolution

The date of commencement of dissolution is the

3rd day of March 2011.

Gillean Lorne Frederick McNeil Campbell
of Airds Bay, Kleinworth Benson House
P.O. Box 76, Wests Centre,

JE4 8PQ
Liquidator

Family Health Centre

“9 A CONCIERGE MEDICAL PRACTICE

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» Physacian Accompanied Travel Services

The Patient (s Our Priority

Location: Upstairs of The Ladies Medical Centre
P.O. Box CB-13390 + Nassau, Bahamas

phone: (242) 552-5540

Email: drreneelockhart@ hotmail.com





THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 5B



=>) -<——
‘Good story’ must back $100m worth of IPOs

FROM page 1B

Kenwood Kerr, chief exec-
utive at Providence Advisors,
the Bahamas-based invest-
ment management and advi-
sory firm, told Tribune Busi-
ness that IPOs such as the
upcoming Commonwealth
Brewery/Burns House offer-
ing, plus the Arawak Cay port
issue and initial 9 per cent
tranche of Bahamas Telecom-
munications Company (BTC)
shares to be sold by the Gov-
ernment, all had to overcome
the negative stigma that had
attached itself to the Bahami-
an equities market over the
past decade.

Acknowledging the con-
cerns over Bahamian investor
appetite for equities, particu-
larly given the illiquid mar-
ket and poor recent perfor-
mance of many Bahamas
International Securities
Exchange (BISX) listed
stocks, Mr Kerr said it was
critical for the upcoming [POs
to have “a good story” behind
them if they were to be suc-
cessful.

And the key ingredients for
such a story, he explained,
were pricing the offered secu-
rities correctly, plus provid-
ing Bahamian institutional
and retail investors with a
road map to good returns
through obvious price appre-
ciation opportunities and div-
idend yields.

“T think the market can
absorb securities that offer
good value, offer sound busi-
ness value, have good busi-
ness management, and show
solidity in net revenues and
profitability,” Mr Kerr told
Tribune Business.

“Tcan’t say the market will
take them all because they’re
out there... The smart
money will probably take a
look at all too see what offers
the best investment opportu-
nity.”

With excess liquid assets in
the Bahamian commercial
banking system standing at
almost $814 million at year-
end 2010, there seems to be



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plenty of investment capital
still seeking a good rate of
return home.

Mr Kerr, though, cautioned
that Bahamian institutional
and high net worth investors,
especially, had been demon-
strating a preference for fixed
income securities, such as
preference shares, bonds or
even bank deposits, since
these offered the security of
guaranteed rates of return.

“The smart money has
been buying fixed income
securities. They mean good
yield, sound investment and
reduce the portfolio price
volatility. There’s safety in
there,” Mr Kerr explained of
such investment strategies.
“The Heineken deal, for
example, is equity, so it has a
higher risk.”

IPO

Emphasising that he was
not suggesting the Common-
wealth Brewery/Burns House
IPO, which is scheduled to
launch on March 21, 2011, is a
bad investment opportunity,
Mr Kerr said of the increased
number due to come to mar-
ket this year: “I don’t know
if the market is ready.

“But the market is always
ready for something that is a
good story, and a good story
means an investment that is
sound, a company that is well
managed, a company that has
a good business model, and
investors can realise a good
rate of return. The market is
always ready for that.”

However, the Providence
Advisors chief admitted the
impending IPOs had to be
placed against a ‘bigger pic-
ture’ background that was not
pretty. This included the fact
that the Bahamas has seen no
true IPO since 2001, when
Freeport Concrete came to
market, and that company has
since gone out of business -
not the best example to have.

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“You have to put that [a
good story] up against the fact
that we’re in a slow economic
period, and people do not
have the disposable income
they had in the past,” Mr Kerr
told Tribune Business. “The
experience of the last while
may not lend itself to having
mass appeal for equities par-
ticipation, especially on the
retail side.

“There are a lot of nega-
tive issues on the other side in
terms of the recent experience
with equities. They haven’t
retained their value, they have
not delivered in terms of stock
and price appreciation, and
they’ve not had the liquidity
investors have been looking
for. Those are real concerns.”

LeRoy Archer, Common-

wealth Brewery and Burns
House’s managing director,
confirmed to Tribune Busi-
ness last year that the upcom-
ing IPO, which will launch on
March 21 with RoyalFidelity
as placement agent, is set to
be valued at somewhere
between $60-$65 million.

Investors

This newspaper under-
stands that presentations have
already been made to key
institutional investors, such as
the two hotel industry pen-
sion funds, in a bid to solicit
early participation confirma-
tions from the major players.
What makes the Common-
wealth Brewery/Burns House
IPO unusual is that the Gov-

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CRAVED, INSPIRED, IMAGINED, CREATED

ernment effectively agreed to
underwrite it, picking up any
shares not subscribed for by
public investors, and thus had
to approve the issue’s timing.

Prime Minister Hubert
Ingraham, meanwhile, con-
firmed in the House of
Assembly at the end of the
Budget debate that both the
first 9 per cent tranche of gov-
ernment-owned BTC shares,
worth an estimated $37 mil-
lion based on the price being
paid by Cable & Wireless
Communications (CWC), and

the Arawak Cay port would
be offered to Bahamian
investors this year.

In the Arawak Cay port’s
case, though, it was not clear
whether he was referring to
the planned $30 million pri-
vate placement, or the actual
IPO, which is scheduled to
come much later and be val-
ued at around $8 million.

Either way, more than $100
million in equity securities will
be offered to the Bahamian
public this year. Mr Kerr said
this recalled memories of the
mid-1990s, when demand for
equities was high, and some
$200 million placed in a rela-
tively short time period.

NOTICE

IN THE ESTATE OF BENJAMIN
CURTIS LOWE, domiciled and late of
Hope Town, Little Guana Cay, a.k.a. Elbow
Cay, Abaco, The Bahamas, deceased.

NOTICE is hereby given that all persons having
any claim or demand against or interest in the above
Estate should send same duly certified in writing
to the undersigned on or before 18th March, 2011
after which date the Administrator will proceed to
distribute the assets of the Estate having regard only
to the claims, demands or interests of which he shall
then have had notice AND all persons indebted to
the above Estate are asked to settle such debts on or

before 18th March, 2011.

FREDERIK F. GOTTLIEB & CO.
Attorneys for the Personal Representative
Chambers
Bay Street,

P.O. Box AB-20405
Marsh Harbour Abaco,

The Bahamas

Elizabeth on Bay Marketplace and Marina
marks the beginning of the Nassau Harbour
Rennaissanca, Nassau's Harbour has yet to ba
enjoyed like (his, and it has only just bagun!





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PAGE 6B, MONDAY, MARCH 7, 2011 THE TRIBUNE

; Clifton Pier’s forced
NIBA utayes two-three

pay less for insuring your car!



Have you heard the good news? limes Global average

You CAN save money! FROM page 1B

The picture, according to the consultants, was somewhat
different at the Blue Hill Power station. The forced outages of

If you need a lower premium, low deductibles, generous the plant’s gas turbines ranged from 0.04 per cent to 2.4 per

benefits and a fast claims service, pick up the phone . cent, compared to a 1.1 per cent industry average, while avail-
a ability of between 94-98.1 per cent, when benchmarked against
and ask NIBA for a great insurance deal. \2 J the 95.6 per cent sector average, were described as “an excel-

lent result”.
: : Fr Y : However, there were warning signs for both BEC and the

t. 48 : : _ é ie ee Government in the report, namely that the maintenance bud-
It's time to pay less for INSUTI ale you r , r | get for the Blue Hills Powe: he about 50 per cent of the
car! ‘ 5 4 “expected value”. This, the consultants warned, “will have
: long-term negative impacts on the availability and reliability of
the station”.

And, looking wider at BEC’s operations in the Family
Islands, Fichtner reported: “The specific costs of the power gen-
erating units on the Family Islands are lower than those of
Clifton Pier Power Station.

Tel. 677-6422 or Visit ere, an 4 | “Considering the age, size of the units and their remote

. at vs -4% E location, we would expect higher maintenance costs. Unless

WwWW.NnI baq uote.com ' ee A t reported costs and cost allocation data are not reliable, the
ye £¢ Open stations are obviously undersupplied.

; S atu rd ays “The numbers generally confirm that maintenance and over-

haul activities are deferred and/or not carried out. This might

i improve the present balance sheet situation, but will cause

NASSAU INSURANCE BROKERS AND AGENTS LIMITED ee 10.00am- higher expenditures and capacity shortcomings in future years.”

Atlantic House, 2nd Terrace & Collins Avenue ane > 2.00pm

P.O. Box N-7764 Nassau Tel.677-6422 www.nibaquote.com coe tne :

Expansion



Numerous expansion recommendations by previous consul-
tants had not been implemented by BEC, the Fichtner report
found. “BEC is in a situation where systematic medium-to-long
term planning is replaced by very short-term, ad-hoc deci-
sions,” it added.

“This practice leads to costly solutions, such as the deferment
































of the investment decision for a low (life cycle) cost diesel
plant until the urgency of the need for additional capacity

iT il ri le P ] f A d| " oo oe Bank ead veal (dic
| the Caribbean, the Fichtner report sai *s technical (dis-

Hie A MIAO ote IN COU A cAI eel ALAIN P
=U - : mgt c t ing, theft) 1 New Provid t 1

MIMS OTe Va Rontell (on sese oA skit lellts ee
compared with losses in other Caribbean countries, such as

Antigua and Barbuda, Grenada and St Lucia,” the report

We are pleased to introduce our line of ee
tribution and transmission system) and non-technical (meter

“BEC loss figures on the Family Islands, however, are high

10 Seer R410A Units warned. “It should be noted that other countries outside the

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region achieve better results, and considering the high cost of
if it's | i 12,000 BTU - complete WCHOR:L2NCA condenser, WIRD 20MIN] Far CalL.,...—s1--resenree-neee OOD supply, a lower level of losses would appear to be economically
/ Its We stinghouse a ae justified throughout the region.”
16,000 BTU - complete WCHNR-LENICAT condenser WIWKR-1EXAW1 fan col $229.00 While BEC’s metering, billing and revenue collection were
‘cs curd Lint sips as simp described as “satisfactory”, the report urged it to install ‘intel-
18,000 BTU: complete WCHNR.2eRICR3 condancer,WIVKR-24NNING fan OO... L000 ligent’ meters for larger customers, together with Automatic
. Meter Reading.
13 Seer R410A Units “Although the tariff structure for large customers is not as
nanine a eee sophisticated as those found in Europe, for example, in order
12,000 BTU - complete WOHYL2NCR] condenser WIWKMELZKNI] fan ood. _........... 966,08 MET to invoice these customers as soon as possible, ‘intelligent’
J E.000 BTU - complete: WCHXMELBXCR] condenser WIWEM-TSENI] fan G2... 1.-c00o100-- 99.49 MET ee

tomers after a cost-benefit analysis,” Fichtner said.
16,000 BTU - complete WCHNMS0CR9 condanser, WWE 24K Ni fan coil $1,158.60 eT

NEAR-KIN INQUIRY
10 Seer Units get a Generous Discount!!! MCU ouMMro cr Rely
: sa c GRANVILLE ADDERLEY
RR em ee eee me ele ChemcW Whe (a-ha)

who was born on 1893 at Millerton, Long Island, Bahamas,
resided at Ft. Pierce, Fla., was born of Bruce Alexander Adderley
Sr. and Margina (Margy) Adderley and sibling to Hilda, Bruce,
Elizabeth Estelle (previously of Lake Worth, Florida) and Mary all
now deceased. If you have knowledge of the names or contact
information for his spouse, survivors, place of death or burial
etc MN gt mon

Three (3), four (4) and five (5) ton units also available.

aitnay owe looking4granvillead er@bahamas-itc.com

To al Civ Servents anit Government SHIRLEY STREET « TEL: 322-8944 pod oe 2
Corporation Employees OS es Ee mE eam le

Cartan Pinchot App = a p fi
, Visit our web site at www.taylor-industries.com | OT 7 os a

“WEG CAPITAL MARKETS NOTICE is hereby given that JANET BEVERLY MILLER
Ec EJ a of P.O. BOX 23331, FRESH CREEK, ANDROS,
i

BAHAMAS is applying to the Minister responsible for Nationality
crFAL Ion ra rT and Citizenship, for registration/naturalization as a citizen of

Pao Pe Sen ae The Bahamas, and that any person who knows any reason why
BISX ALL SHARE INDEX: CLOSE 1,457.70 | GHG 0.03 | %CHG 0.00 | YTD -41.81 | YTD % -2.79 registration/naturalization should not be granted, should send a

FINDEX: YEAR END 2008 -12.31% j i ithi -O]
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320 written and signed statement of the facts within twenty eight days

S2wic Low “Seourit_y Previous Close Today's Close Change Dally Vol EPSS DW from the 7 day of March, 2011 to the Minister responsible for

6.05 Bahamas Property Fund 10.63 10.63 6.00 6.013 7. nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

4.40 Bank of Bahamas 4.50 4.50 0.00, 0.153. ty <

O17 Benchmark 0.18 O.18: 0.00 -0.877

2.7o Bahamas Waste 2.70 mre 0.00, 0.168

1.96 Fidelity Bank 1.96 1.96 0.00 0.016

9.44 Cable Bahamas 10.24 10.21 0.00, 1.050

2.35 Colina Holdings 2.40 2.40 0.00 0.781

5.80 Commonwealth Bank (S1) 6.80 6.80 0.00. 0.488 : b
1.90 Consolidated Water BDRs 2.20 aS: 0.03 O.111 A s
1.40 Doctor's Hospital 1.40 1.40 0.00. 0.107 . e
5.25 Famguard Bos. 5.25 0.00. 0.357 . .

5.88 Finco 5,88 5.88 0.00. 0.682

467 Fool) 5.48 5.48 0.00 Ga. NOTICE is hereby given that VERIDIEU FRANCOIS,
1.00 Focol Class B Preference 1.00 1.00 0.00, 0.000

6.50 ICD Utilities 7.40 7.40 0.00 0.012 of Blackwood, Eleuthera, Bahamas is applying to the

9.80 J. S. Johnson 9.82 9.82 0.00 0.859,

DT SS" SESS Ra gSESUR ins (Bonds TSaSOnS BSSSTESSIEnEnS basis) ae i j Minister responsible for Nationality and Citizenship, for
S2wk-Hi__52wk-Low Security Symbol Last Sale Change Daily Vol. Interest Maturity registration/naturalization as a citizen of The Bahamas,
Bahamas Note 6.95 (2029) BAH29 99.46 0.00 6.95% 20 November 2029
Fidelity Bank Note 17 (Series A) + FBB17 100.00 0.00 7% 19 October 2017 and that any person who knows any reason why
Fidelity Bank Note 22 (Series B) + FRBB22 100.00 0.00 Prime + 1.75% 19 October 2022

Fidelity Bank Note 13 (Series C) + FeBIS 100.00 0.00 7% 30 May 2013 registration/naturalization should not be granted, should

eee er ASS ee PETS oe a SS CS SEIS See are send a written and signed statement of the facts within

EPS$ Div & PE Yield

Sananas Supe eS cs —— Sa 1: - a nea twenty-eight days from the 28" day of February, 2011 to
RND Holdings 0.35. 0.40 0.55 0.001 0.000

CFAL Sééurities Ltd, (Over-The-Gounter Securities) the Minister responsible for nationality and Citizenship,
RND Holdings reo oss oss 6.002 0.000 : P.O. Box N-7147, Nassau, Bahamas.
BISX Listed Mutual Funds

Fund Name NAV YTD% Last 12 Months % NAV 3MTH NAV GMTH
1.4076 CFAL Bond Fund Tors 5.51% 6.90% 1.498004 1.475244 30-Nov-10

2.8300 CFAL MSI Preferred Fund 2.9527 0.18% 1.61% 2.918697 2.910084 31-Jan-11
1.5141 CFAL Money Market Fund 1.5837 0.61% 4.59% 1.564030 1.545071 141-Feb-14
2. Ga22 Royal Fidelity Bahamas G & | Fund 2.7049, 0.56% -15.54% 31-Jan-11
13.0484 Royal Fidelity Prime Income Fund 13.4164 0.44% -0.10% 31-Jan-11

101.6693 CFAL Global Bond Fund 114.3684 9.98% 12.49% 109.392860 107.570619 30-Jun-10

99.4177 CFAL Global Equity Fund 106.5528 4.75% 7.18% 100.779540 105.776543 30-Sep-10
1.0000, FG Financial Preferred Income Fund 1.1465 5.20% 5.20% 31-Dec-10 1 T
1.0000 FG Financial Growth Fund 1.1185 4.73% 4.73% S1-Dec-10 NOTICE IS hereby given that MELAINE FRANCOIS of
1.0000 FG Financial Diversified Fund 1.1491 5.35% 5.35% 31-Dec-10

2.1005 Royal Fidelity Ban Intl Investment Fund Principal HOPE TOWN, ABACO is applying to the Minister responsible

Protected TIGRS, Series 1 9.7950 4.85% 5.45% 30-Nov-10
10.0000 _ Royal Fidelity Bah Int'l Investment Fund Principal

tron tected TIGRS, Serie 10.6417 -1.20% 0.50% 30-Nov-10 for Nationality and Citizenship, for registration/naturalization as a
428105 ‘Royal deity inl Fund - Equliés Sub Pad "8451007336 eee 34 Jani4 citizen of The Bahamas, and that any person who knows any reason
MARKET TERMS . 1 1 1
ee eee why registration/naturalization should not be granted, should send
Previous Close - Previous day's weighted price for daily volume Castrice Last waded overe-counter price a written and signed statement of the facts within twenty-eight days

Change - Change in closing price from day to day EPS $- A company's reported earnings per share for the last 12 mths f h agth d y f F b y, 201 1 h Mi i p ibl
Daily Vol. - Number of total shares traded today NAV - Net Asset Value rom t! e a 0 e ruar 3 to t! € inister res onsl e
DIV $ - Dividend: n: id the last 12 th: N/M - Not Mi: ful ., 7 he 1
Pie closing price alvided py the last 12 month eamings PINDEX.- The rldelty Bahamas Stock index. January 1, 1994 = 100 for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
(SS) - 4-for-1 Stock Split - Effective Date 8/8/2007
(S11) - 3-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

ROYAL FIDELITY

Meortazy at Work



THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 7B



‘Speechless’ on the ‘devastating’ roadworks effect

FROM page 1B

However, rather than dri-
ving directly to their intended
destination, cars must
approach the barrier on the
boundary of the closed area
and inform a “flag man”
where they intend to go
before being directed to that
site.

Dionisio D’ Aguilar, presi-
dent of Superwash and a for-
mer president of the Bahamas
Chamber of Commerce, said
he expects the road works to
have a “financially devastat-
ing” effect on his Prince
Charles Drive location, which
brings in “one in every five
dollars” in revenue to his
company. Superwash has nine
locations in total.

Noting that there are
around a dozen businesses in
total within the affected area,
he added: “If someone has
their only business there it’s
going to be absolutely devas-
tating. Those little bars and
stores, they may as well shut
down and go home for that
time.”

The road closure will affect
the portion of Prince Charles
Drive from the Fox Hill
Road/Prince Charles Drive
junction to Pine Barren Road.

Major businesses which
exist along the affected stretch
of road include Robin Hood,

To all my valued clients, please be advised that I,

CHRISTINE WALLACE-WHITFIELD

Superwash and Blanco
Bleach, as well as numerous
smaller operations including
Sammy’s Chicken.

According to a public
works official, road contractor
Jose Cartellone Construc-
ciones Civiles C.A. is expand-
ing the road into a four-lane
highway, while the Water and
Sewerage Corporation (WSC)
intends to install an upgraded
24-inch water main as part of
efforts to enhance the quality
and quantity of the water sup-
ply in eastern New Provi-
dence.

Those seeking to get from
east to west, or west to east,
along Prince Charles Drive
will be diverted off the road
and around the closed por-
tion to return to the road
beyond the closure.

The public works official
said: “It is a bit radical but it is
necessary.”

Mr D’Aguilar said he was
informed of the road closure
plan on Wednesday last week.
While appreciative of the fact
that it may be unavoidable
when infrastructure upgrades
are required, he said he found
it “really irritating” that he
was only told about the dras-
tic plan last week.

“T knew it was coming but

Real Estate Broker No. 0367
am no longer affiliated with
LANELLE PHILLIPS REAL ESTATE

Contact me directly via phone at

(242) 557-6898

or via email at
wallacewhithelda@hotmail.com

[ look forward to continwe

Serving you.

not that it was coming Mon-
day (today). If I had a couple
of weeks I could’ve prepared
flyers and got them out to my
customers to say: ‘In two or so
weeks we will have road-
works, but when you get to
the barrier ignore it because
you can proceed through’.
Most people will think it’s
totally closed,” said the busi-
nessman.

He added that even for
those who realise they can still
gain access to businesses in
the area, the added difficulty
of accessing them will be a
deterrent.

“They will have to really,
really want to go there,” sug-
gested Mr D’ Aguilar.

The businessman added
that he fears, based on delays
which have plagued other
roadworks undertaken in the
last year and a half as part of
the New Providence Road
Improvement Project, that the
disruption to his business
caused by the Prince Charles
Drive works will probably
extend beyond the six to eight
weeks announced to “more
like two to four months”

“The only thing I can hope
for is that the company, Jose
Cartellone, has significantly
upped the learning curve now

4







whereby they can certainly do
this process much quicker and
faster than, say, the stretch of
road from the Mall to RM
Bailey and Minnie Street on
Robinson Road, which took
forever, and the works on
East Street,” he added.

It is unclear how the road-
works will affect announced
plans by Robin Hood’s Sandy
Schaefer to break ground on
construction of the second
phase of the Prince Charles
Drive shopping plaza in which
the new Robin Hood store is

located. Mr Schaeffer told
Tribune Business last week
that he had hoped to begin
construction on the project in
around four to six weeks, dur-
ing which time the road clo-
sure will be in effect outside
the site. The Ministry of
Works will hold a town meet-
ing for the public about the
roadworks at Doris Johnson
High School on Prince
Charles Drive on Thursday.

DL Properties Ltd. (“the Company”’) invites offers for the purchase
of ALL THAT piece parcel or plot of land called and known as
“Silver Top” containing 0.896 acres or thereabouts situate on Long
Bay Cay or Kamalame Cay being a private island immediately
east of Blanket Sound on the Eastern coast of Andros Island in the
Commonwealth of the Bahamas (the “Property”). There is a fully
furnished 3 bedroom and 3 1/2 bathroom luxury residence located
on the beach of the Property containing approximately 3,100 square
feet of living space and offers 220 feet of beach frontage. Excellent
rental property.

The Company will sell as mortgagee under the power of sale
contained in a legal mortgage of the Property.

TERMS:

Ten percent (10%) of the purchase price at the time of contract and
the balance upon completion within Sixty (60) days of contract.

The Company makes no representations or warranties with respect
to the state of repair of the residence or the Property which is offered
for sale “as is where 1s”.

This sale is subject to a reserve price. The Company reserves the
right to reyect any and all offers.

Interested persons may submit written offers addressed to DL
Properties Ltd., c/o Managing Partner, P. O Box N-272, Nassau,
Bahamas or delivered by hand to Graham Thompson & Co., Sassoon
House, Shirley Street and Victoria Avenue, Nassau, Bahamas to be
received no later than the close of business on the 16° day of March
2011.



MORTON BAHAMAS LIMITED K+ S$

POSITION AVAILABLE
ELECTRICAL ENGINEER:

Morton Bahamas Limited, A K + S Group Company seeks a
suitable candidate to fill the position of Electrical Engineer, at its
salt production facility in Inagua, The Bahamas.

This position support the facility by managing the activities
associated with electrical projects and electrical maintenance.

The successful candidate will have the ability to manage projects,
and possess’ good computer and organizational skills. Good com-
munication skill, interpersonal skills and the ability to solve com-
plex problem.

A College Degree in Electrical Engineering is required.
Entry level candidates are welcomed.

Bahamian Citizen or Holder of Bahamas Work Permit required.
Opportunities Include:

- Competitive Salary

- Relocation Benefits, worker plus family

- Major Health Benefits, worker plus family

- Dental Benefits, worker plus family

Visit www.mortonsalt.com, and follow the career page.











DOCTORS
HOSPITAL

DISTINGUISHED LECTURE SERIES

ORGAN DONATION
AND TRANSPLANT
LECTURE DATE
DATE: Thursday, March 17th, 2011
TIME: 2:00PM and 6:00PM
DOCTORS HOSPITAL
Conference Room Dowdeswell Street
Senting 8 Limited, RSVP (242) 302-4707

THIS
MONTHS
TOPE

Plerse join es as oar gacet every third Thursday of
the neonth for this free public health kecture ane
ecintillating series of the meet relevant health
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Osta

APRIL 21TH, 2011

MAY 19TH, 2011

JUNE 16TH, 2011

JULY 218T, 2011

www.doactorshosp.cam



PAGE 10B, MONDAY, MARCH 7, 2011

THE TRIBUNE



INSIGHT



Opposition strikes
deal to form the
Irish government

DUBLIN
Associated Press

THE two opposition parties
that triumphed in Ireland's
election, conservative Fine
Gael and left-wing Labour,
announced Sunday they have
reached agreement to form the
country's next coalition gov-
ernment following five days of
negotiations.

The proposed pact still must
be ratified at separate meet-
ings of both parties later Sun-
day. But the leaders of Fine
Gael and Labour, Enda Ken-
ny and Eamon Gilmore, said
they were confident this would
happen, while some Key issues
— such as the share of Cabinet
posts — would remain unset-
tled for a few more days.

Bailout

Approval of the joint gov-
ernment platform — which
includes goals on slashing Ire-
land's deficits in line with its
international bailout — would
permit Fine Gael and Labour
lawmakers to elect Kenny
prime minister when the new
parliament convenes Wednes-
day.

Fine Gael won 76 seats and
Labour 37 in the 166-member
parliament in the Feb. 25 elec-
tion. Both were record highs
that reflected voter fury at the
long-dominant Fianna Fail
party, which was blamed for
leading Ireland to the brink of
bankruptcy.

In November, Ireland was
forced by European Union

partners to negotiate a poten-
tial euro67.5 billion ($94 bil-
lion) line of credit from EU
and International Monetary
Fund donors.

The bailout became
unavoidable as Ireland's large-
ly state-owned banks found
themselves unable to borrow
on open markets and faced
insolvency.

Fine Gael and Labour both
campaigned on platforms lam-
basting the bailout and threat-
ening to renegotiate its terms.

But both are already back-
tracking publicly now that the
votes have been counted and
they face responsibility for
corking Ireland's financial
black hole.

Officials in both parties said
Sunday the new government
would try to stick to the EU-
IMF goal of slashing eurol5
billion ($21 billion) from Ire-
land's deficits in the coming
four years and reduce the 2015
deficit to 3 percent of gross
domestic product, the euro-
zone limit. The two parties
remain divided, however, on
the smartest way to do this.

Fine Gael favors billions
more in spending cuts on top
of those already imposed since
2008, while Labour — seek-
ing to protect welfare benefits
and state jobs — wants more
taxes particularly on higher
earners.

Analysts say the new gov-
ernment will have no choice
but to do both, since Ireland's
deficit in 2010 was a modern
European record of 32 percent
of GDP including exceptional
bank-bailout costs.

Even excluding those, Ire-
land last year spent more than
euroS0 billion but collected
just euro31 billion in taxes, a
gap that Fianna Fail had
already committed to narrow
this year with euro6 billion in
cuts and tax hikes announced
in December.

The new Fine Gael-Labour
government would be respon-
sible for deciding on the
remaining euro9 billion in
deficit cuts sought by EU-IMF
donors.

Coalition

Despite coming from broad-
ly different bases, Fine Gael
and Labour have governed
Ireland together in six gov-
ernments since 1948. Their
most recent coalition, in 1995-
97, was the most harmonious
one.

Fine Gael is pro-business
and pro-EU with strong ties
to the middle class and rural
farmers.

Labour defends union inter-
ests, largely represents urban,
working-class voters, and can
be far more critical of the EU,
particularly on economic mat-
ters.

Kenny has pledged to rene-
gotiate parts of the EU-IMF
loan deal, particularly its aver-
age interest rate of 5.8 percent.
That rate is far lower than
what Ireland would pay on
bond markets, but is still 3 per-
centage points higher than the
lenders’ own average costs.

German Chancellor Angela
Merkel insists Ireland should

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FINE GAEL LEADER
Enda Kenny (right)
and leader of the
Irish Labour Party
Eamon Gilmore
(below). (AP)

benefit from a lower rate only
if it agrees to tougher mea-
sures for getting its deficit
under control.

Germany and fellow EU
heavyweight France long have
pressed Ireland to raise its 12.5
percent rate of tax on busi-
nesses, a policy that has wooed
about 1,000 foreign multina-
tionals to Ireland rather than
the European continent.

Kenny insists that Ireland
won't raise its business tax to
European norms approaching
30 percent.

He says Ireland is already
burdened with 13.5 percent
unemployment, the second-
highest rate of unemployment
in the eurozone behind Spain,
and must do nothing to dis-
courage employers from stay-
ing in Ireland.

Ireland was long the run-

ce ee



away growth leader in the
eurozone, but the Celtic Tiger
boom died in 2008 because of
a property crash that followed
14 years of surging prices and
risky speculation.

Ireland's banks over the pre-
vious decade borrowed hun-
dreds of billions at exception-
ally low rates of interest,
thanks to Ireland's eurozone
membership, and funneled
most of it to Irish construction
and property kingpins.

Most of their property assets
in the past year have been
seized at knockdown prices by
a new state-run "bad bank"
charged with extracting toxic
debts from five Irish banks
exceeding euro70 billion ($100
billion).

Both Kenny and Gilmore
campaigned on pledges to
force foreign bondholders to

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Peptic Ulcers

bear more of the cost of Irish
bank losses.

The current government of
Prime Minister Brian Cowen
has been widely criticized for
unveiling a 2008 state guaran-
tee for all bank bondholders
and still defends the policy,
arguing that Ireland needed
to retain confidence from for-
eign lenders.

The 2008 insurance policy
was designed to prevent the
banks’ collapse by discourag-
ing the rapid withdrawal of
foreign loans and deposits.

But Ireland ended up
nationalizing most of the debt-
crippled banks anyway, leav-
ing taxpayers with a bill esti-
mated at more than euro50
billion ($70 billion) — equiva-
lent to euro11,000 ($15,500)
for every man, woman and
child in Ireland.



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THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 11B



INSIGHT



Marines in deadly
Afghan valley face
combat stress

SANGIN, Afghanistan
Associated Press

WHEN U.S. Marine Lance
Cpl. Derek Goins deployed
to the most dangerous place
in Afghanistan five months
ago, he mentally prepared for
the risk of getting shot by the
Taliban or stepping on bombs
buried throughout this south-
ern river valley.

But he wasn't ready for
what happened to his two best
friends, who were shot to
death inside a patrol base by
an Afghan army soldier who
escaped into the arms of the
Taliban.

"T grew up with those guys
in the Marine Corps and
shared a lot of laughs and
tears with them," said Goins,
23, from Trumbull, Texas.
"We expected to come here
and fight and not just get mur-
dered, and that's what it was."

Tragedy

The Marines who arrived
in Sangin district of Helmand
province in October have
seen the kind of tragedy and
combat stress that few can
imagine — more than 30
deaths and 175 wounded, with
scores losing arms and legs
when they stepped on bombs.

The 3rd Battalion, 5th
Marine Regiment and smaller
Marine units attached to it are
fighting to regain this key
insurgent stronghold in one
of the country's bloodiest
regions.

Psychiatrists say troops could
face post-traumatic stress
disorder when they go home

At least 288 NATO service
members were killed in Hel-
mand province in 2010. Last
year was the deadliest of the
nine-year Afghan war for the
international forces, with 701
killed.

Many of the Marines in
Sangin say they are coping by
blocking out the horrors they
have seen. Psychiatrists say
that behavior is normal during
combat, but it could trigger
post-traumatic stress disorder
when the Marines go home
next month.

"It's a day-by-day thing and
you don't know if you're
going to be the guy to get hit
the next day, so you just keep
on pushing," said Goins, who
like most of the Marines in
Sangin is on his first combat
deployment.

Lance Cpl. James Fischer,
whose platoon lost a Marine
to Taliban gunfire the first
time they patrolled outside
their base, said he has become
numb to even the most grue-
some scenes.

"Afterward, you just don't
get that shock anymore," said
Fischer, 20, from Glendora,
California. "You'll have to
deal with it at some point, but
right now the most important
thing is keeping everyone

around you alive."

Cmdr. Charlie Benson, a
Navy psychiatrist who has vis-
ited the Marines in Sangin
nearly a dozen times, said he
has not seen an abnormally
high rate of mental health
issues in the battalion —
although it's too early to tell
who will have problems when
they go home.

Insurgents

Benson, 46, from Marcelus,
New York, believes the
Marines are coping relatively
well with the combat in San-
gin because they have good
leadership and feel they are
making progress. Sangin is a
major narcotics hub that
funds the insurgents and a
gateway to stream fighters
into Kandahar, the Taliban's
spiritual heartland.

The Marines have stepped
up their efforts to deal with
combat stress in recent years
by deploying additional men-
tal health professionals with
the troops. They also have
trained medical corpsmen,
chaplains and Marines to rec-
ognize when troops are hav-
ing trouble coping.

"There is a lot of stress, and

PRINCESS MARGARET HOSPITAL &
SANDILANDS REHABILITAION CENTRE

ee

suraetT |

PUBLIC NOTICE

TENDER FOR THE SUPPLY OF
PROVISIONS & FOOD ITEMS

Tenders are invited from qualified Contractors for the supply of
Provisions and Foods Items for the Poncess Margaret Hospital and
Sandilands Rehabilitation Centre, Public Hospitals Authority, for a

period of one (1) year.

Tender

documents,

which include

Instructions to

Tenderers,

specifications and other relevant information, can be collected 9:00
am. — 5:10 p.m, Monday through Friday at the Materials
Management Directorate, Princess Margaret Hospital's compound,

Shirley Street.

A Tender must be submitted in duplicate in a sealed envelope or
as “ TENDER FOR THE SUPPLY OF
PROVISIONS AND FOODS ITEMS FOR THE PRINCESS

packaged identified

MARGARET

HOSPITAL

AND

SANDILANDS

REHABILITATION CENTRE” and addressed to:

The Chairman
Tenders Committee

Public Hospitals Authority

Third Terrace West
Collins Avenue
P.O. Box N-8200
Nassau, Bahamas

All Tenders must be received at the above address by 5:00 p.m.

on 8" April 2011,

A copy of a valid business license and a certificate of up to
date National Insurance Contributions should accompany all
proposal.

The Public Hospitals Authority reserves the right to reject any

or all Tenders).



IN THIS FEB. 19, 2011 PHOTO, U.S. Marine Sgt. Matt Lewoczko, 27, from Houston, left, and U.S.

pe
spa, —
=F Ey

iy 1
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a rae ee



Marine Lance Cpl. Ronald Long, 21, from Galt, Calif., right, take a defensive position during a patrol with
3rd Platoon, India Company, 3rd Battalion, 5th Marine Regiment in Sangin district southern Helmand
province of Afghanistan. When U.S. Marine Lance Cpl. Derek Goins deployed to the most dangerous place
in Afghanistan five months ago, he mentally prepared for the risk of getting shot by the Taliban and step-
ping on homemade bombs buried throughout this southern river valley. (AP)

it’s not just combat,” said Sgt.
Adam Keliipaakaua, a 26-
year-old Marine from New-
port News, Virginia, who is on
his fourth combat deployment.
"It's from back home, too,
with people's parents getting
divorced, people's wives cheat-
ing on them or leaving them.”

Keliipaakaua said he tries
to prepare his Marines for the
mghtmares and irritability they
may face when they return
home and have to deal their
emotions.

"For me, I'm pretty much
emotionally cold. My wife tells
me that all the time," said
Keliipaakaua, who suffers
from nightmares of a Marine
dying in his arms.

An average of 15 to 20 per-

cent of troops who have trau-
matic experiences during com-
bat often suffer post-traumat-
ic stress disorder, or PTSD,
when they return home, Ben-
son said. The condition arises
when troops continue to try to
suppress emotions with drugs,
alcohol or by avoiding situa-
tions that trigger painful mem-
ories.

"If you're having issues six
months after the event, then
that would be a good indica-
tion," Benson said. "One of
the things that Marines hate
is the feeling that if they had
only done X, Y or Z, this guy
would still be alive.”

Psychiatrists often treat
PTSD by having troops
repeatedly tell the story that

haunts them, forcing them to
face their emotions and push-
ing them to see that often
there was nothing they could
have done to save their buddy,
Benson said.

Sgt. Matt Lewoczko, a
Marine in Sangin on his fourth
combat deployment, said
everyone deals with the hor-
rors of war differently when
they return home.

"Some guys are going to go
back and it will be good to
have their family, some will
crawl into a bottle for a week,
month or couple months and
then will crawl out and be
fine," said Lewoczko, 27, from
Houston, Texas. "Unfortu-
nately, some guys don't get
over it.”

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MONDAY, MARCH 7, 2011

bk



—

[a

Girl 1

The stories behind the news



he-examining our failing
education system: Part 1

"Even progressive
educators began to
believe that the gap
could never be
closed. And for those
of us who drive by
these schools, maybe
we make the same
dark assumption; that
these kids, the ones in
the poorest neigh-
bourhoods, just can't
learn."

— David Guggenheim,
Waiting for
Superman.

By PACO NUNEZ
Tribune News Editor

IN MY experience, peo-
ple who feel deeply con-
cerned about the state of
our public school system
tend to fall into two cate-
gories: those who say the
problem is too serious for
half-measures and that a
radical system-wide trans-
formation must take place,
and those who think the
problem is already so
severe, the situation is
hopeless.

The first group often
finds there is not enough
political will - or for that
matter, social concern — to
create comprehensive and
lasting change across the
system, while the second
commits the sin of taking
the easy way out, absolving
themselves of any respon-
sibility for the thousands of
tragically wasted young
lives in our midst.

The result is that we do
nothing while our schools
get progressively worse.

But several experiments
taking place in US school
districts once considered
symbols of dysfunction
should give us pause, and
perhaps lead us to re-exam-
ine what is, or at least
should be, our most press-
ing national concern.

David Guggenheim's
2010 documentary Waiting
for Superman explores sev-
eral of the most innovative
and successful of these
efforts to turn the tide of
hopelessness and failure
among young people.

One of the reformers

featured in the film, veter-
an educator Geoffrey
Canada, was recently in
Nassau, where he told a
group of local leaders they
need to face the fact "that
the old model doesn't
work."

He notes in the film that
funding for public schools
in the US has doubled since
the early 1970s, yet stu-
dents’ scores have "flat-
lined."

Continuing to throw
money at the problem is
clearly not the answer, but
Mr Canada has spent more
than a decade designing a
system he feels is.

Challenges

When he launched his
project in Central Harlem,
New York, he found chil-
dren struggling with many
of the same challenges
faced by inner city Bahami-
an children: poverty, unem-
ployment, drugs, crime,
"troubled homes."

He targeted Harlem pre-
cisely because it was home
to the largest number of
children in foster care any-
where in New York, had
the worst performing
schools and the highest
incidence of children enter-
ing the criminal justice sys-
tem. It was a place where
"more kids knew people
who'd been to prison than

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who'd been to college," he
says in the film.

Mr Canada grew up ina
similar environment in the
Bronx and attended a
school best described as a
"failure factory" — an expe-
rience that caused him to
dedicate his life to changing
things.

He left college eager to
try his hand at reforming
education in America
based on a single, revolu-
tionary idea: What if stu-
dents are never allowed to
get behind in the first
place? "Most reformers” he
notes, “try to save kids
after they're already lost."

At first, Mr Canada tried
to tackle the whole system,
but encountered a network
of vested interests so
entrenched that he eventu-
ally resigned himself to
starting on a much smaller
scale, initially a single
block.

He then set about creat-
ing a "no excuses environ-
ment” where failure is not
an option for students.

This was achieved by
demanding the highest
standards from teachers,
having students start school
at an earlier age, extending
daily school hours, holding
classes on weekends and in
the summer (presumably as
much to keep the children
away from negative influ-
ences at home as to accel-

best-va

the



erate learning) and ensur-
ing that school officials
remain involved in the life
of each and every student
until they graduate college.

Mr Canada has grown
this concept into the
Harlem Childen's Zone
(HCZ), now comprised of
three schools covering 100
blocks of Central Harlem
and embracing 10,000 chil-
dren from poverty stricken
backgrounds.

His aim is nothing less
than to break "the cycle of
generational poverty" in
this community.

Regulations

HCZ is based on the con-
cept of the charter school,
an institution that receives
public money and often pri-
vate grants, but is not sub-
ject to some of the rules and
regulations other public
schools must follow. As
such, these schools have at
least the potential to break
free of the stagnant bureau-
cracy that has stifled so
many other schools over the
years.

Charter schools were
invented in the late 1980s,
but have shown little
progress over the years.
When Mr Canada intro-
duced his "cradle-to-col-
lege" idea however, some-
thing different happened.

After about a decade in

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VETERAN EDUCATOR Geoffrey Canada (left) pictured during his
recent visit to Nassau. Mr Canada and the Harlem Children’s Zone fea-
tured in the documentary film Wajting for Superman (above).

operation, HCZ has literal-
ly closed the achievement
gap between rich and poor
children in New York.

In Central Harlem, where
only 10 per cent of the pop-
ulation has a tertiary level
qualification, 90 per cent of
his students are now on
track to go to college.

Part of Mr Canada's
strategy for reversing years
of neglect and low achieve-
ment centres on the belief
that in order to change the
lives of inner-city children,
intervention must go
beyond schools and target
student's families and com-
munities.

His schools offer free
parenting workshops, pre-
school programmes and
child health initiatives.

Students have access to
quality health care and top
performers are awarded for
their achievement's.

The programme has
been deemed such a success
that the Obama adminis-
tration has announced it
will seek to replicate HCZ
in other US cities through
its 20 Promise Neighbour-
hoods initiative, which has
already received 300 appli-
cations from communities
across the country.

Meanwhile, several other
cities have initiated their
own independent HCZ-
modelled programmes.

Geoffrey Canada start-
ed with only one block in
Harlem.

What would happen if the
Bahamas were to embark

upon a similar experiment,
starting with just one
school?

We too have a public
school system that absorbs
huge levels of funding -
education is, year in-year
out, the largest single recip-
ient of public money in the
Bahamas - yet average
grades have flat-lined some-
where around D-.

Teachers

We too have a system
that is hostile to change at
every level — teachers,
administrators, politicians.
We too have any number
of schools that could be
described as “failure facto-
ries."

And perhaps most impor-
tantly, we too have a vast
number of children whose
chances of success are writ-
ten off because of their cir-
cumstances; who have fall-
en prey to the idea that
because their problems did-
n't begin at school, they
can't be ended there.

Would such a project
also find success, or would
our particular brand of
social dysfunction prove too
much to overcome?

If an individual or group
were to propose such a
plan, would it even get gov-
ernment funding?

And if it did, would it be
able to attract private sup-
port as well?

What do you think?
pnunez@tribunemedia.net





OF THE DAY itm towin’ it

HIGH 83F LATEST NEWS ON WWW.TRIBUNE242.COM
LOW 70F esa tasaubeccsupe cess aeuedeut cant essesaceutedacescteds teucuuecscabsdesel vabeaneuteute sent ceueucausaues vocuseaes seeesdeen suestacs suesesnedsoei cobsaseatsueescess-aueceest sueessssstavcstessesnateecssuedsedeecses feurvaseansensanesieie

MOSTLY THE PEOPLE’S PAPER
SUNNY BIGGEST AND BEST

Volume: 107 No.88 MONDAY, MARCH 7, 2011 PR —75¢ (Abaco and Grand Bahama $1.25)

RIDE FOR HOPE

SPECIAL SUPPLEMENT INSIDE TODAY





1 Lhe tribune agen





DEATH ROW

atl Ban INMATE APPEAL
- SET TO BE
~ HEARD TODAY

Tido is set to have his appeal
heard today before the Lon-
don-based Privy Council, the
Bahamas’ highest appellate
court.

; Tido was the first murder
? convict to be sentenced to
: death following a decision by
i the Privy Council in 2006 that
? ruled that the then mandato-
i ry death penalty was uncon-
? stitutional. Trial judges are
? now allowed to exercise their

discretion in determining the
appropriate sentence.
Tido was convicted on

Minister says initiatives
have been put in place for
hundreds who lost jobs

SATU ALBUS UES SEE page 15

PM: WE INTEND
TO PROTECT

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT —- Minister of
Labour and Social Develop-
ment Dion Foulkes
announced that the govern-
ment has put in place several
initiatives that will bring
“tremendous relief” to hun-
dreds of laid off workers at
Our Lucaya Resort.

It was also revealed that
some 60 jobs at two hotels in
Exuma and Bimini have been
made available for those
workers in Grand Bahama.

While in Grand Bahama

on Saturday, Mr Foulkes and
labour officials in Freeport
met with the media at the
Office of the Prime Minister
to announce that a ‘One Stop
Shop’ programme has been
implemented to assist the 200
persons who were recently
terminated at the resort prop-
erty in Lucaya.

The programme, which
starts today, will provide job
and training opportunities,
unemployment benefit assis-
tance and counselling.

On Friday, 174 line staff
and 28 managers received ter-

SEE page 15

OUR LUCAYA ‘CLOSES DOWN TWO RESORTS’ - SEE PG16

INFANT DIES FROM HEAD INJURIES

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

POLICE are investigating the death of a 23-month-old girl
in hospital from head injuries that she suffered at the home

of a relative.

The toddler was with a family member at Thompson
Avenue, Stapledon Gardens, when a door “accidentally

SEE page 15

Vitact Roap
SHOPPING CENTER

Tim Clarke/Tribune staff



CONSUMERS,
BE FAIR T0
FUEL RETAILERS

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

THE government intends
to protect consumers while
seeking to be fair to petrole-
um retailers, Prime Minister
Hubert Ingraham said Satur-
day.

Bahamian petroleum retail-
ers, losing out on the rising
cost of fuel, are calling on the
government to give them
some relief. Retailers are
restricted to taking 44 cents
for every gallon of gasoline

SEE page three

GOVT ‘ANXIOUS’
TO RECOUP
S50M SPENT ON
AIRPORT WORK

PRIME Minister Hubert
Ingraham said recently that
the government is “anxious”
to recoup the $50 million it
provided to help commence
work on Phase I of the Lyn-
den Pindling International
Airport.

Phase IJ, consisting of a new
247,000 square foot terminal
was completed at an estimated
cost of $190.8 million. Prime
Minister Ingraham noted that
funding for the airport devel-
opment project is provided
primarily through passenger

ONE FOOT AT A TIME: This youngster keeps his concentration while ‘rock climbing’ at Saturday’s 69th Annu- ‘yer fees.
al Red Cross Fair. The event, held in the lower gardens of Government House Grounds, featured a whole host
of games and events. * SEE PAGE SEVEN SEE page three

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Full Text

PAGE 1

N ASSA U AND BAHAMA ISLANDS LEADING NEWSPAPER V olume: 107 No.88MONDAY, MARCH 7, 2011 PRICE 75 (Abaco and Grand Bahama $1.25 W EATHER MOSTLY SUNNY HIGH 83F LOW 70F I N S I D E RIDEFORHOPE SPECIAL SUPPLEMENTINSIDETODAY B y DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net F REEPORT Minister of Labour and Social Development Dion Foulkes a nnounced that the govern ment has put in place several initiatives that will bring tremendous relief to hun d reds of laid off workers at Our Lucaya Resort. It was also revealed that s ome 60 jobs at two hotels in Exuma and Bimini have been made available for those workers in Grand Bahama. W hile in Grand Bahama o n Saturday, Mr Foulkes and labour officials in Freeport met with the media at the Office of the Prime Minister to announce that a One Stop Shop programme has beeni mplemented to assist the 200 p ersons who were recently terminated at the resort prop erty in Lucaya. T he programme, which starts today, will provide job and training opportunities, unemployment benefit assist ance and counselling. On Friday, 174 line staff and 28 managers received terM cCOMBO O F THE DAY N E W The Tribune THEPEOPLESPAPER BIGGESTANDBEST L ATESTNEWSONWWW.TRIBUNE242.COM Govt relief for laid off hotel workers Minister says initiatives have been put in place for hundreds who lost jobs SC ALING NEWHEIGHTSATREDCROSSFAIR DEATH row inmate Maxo T ido is set to have his appeal heard today before the London-based Privy Council, theB ahamas highest appellate c ourt. Tido was the first murder convict to be sentenced to d eath following a decision by the Privy Council in 2006 that ruled that the then mandato-r y death penalty was uncons titutional. Trial judges are now allowed to exercise their d iscretion in determining the appropriate sentence. Tido was convicted on DEATH ROW INMATE APPEAL SET TO BE HEARD TODAY B y NATARIO McKENZIE Tribune Staff Reporter nmckenzie@tribunemedia.net THE government intends to protect consumers while seeking to be fair to petrole um retailers, Prime Minister H ubert Ingraham said Satur day. Bahamian petroleum retailers, losing out on the rising cost of fuel, are calling on the government to give them some relief. Retailers are restricted to taking 44 cents for every gallon of gasoline By AVA TURNQUEST Tribune Staff Reporter aturnquest@tribunemedia.net POLICE are investigating the death of a 23-month-old girl in hospital from head injuries that she suffered at the home of a relative. The toddler was with a family member at Thompson Avenue, Stapledon Gardens, when a door accidentally PM: WE INTEND TO PROTECT CONSUMERS, BE FAIR TO FUEL RET AILERS INFANT DIES FROM HEAD INJURIES SEE page 15 SEE page 15 PRIME Minister Hubert Ingraham said recently that the government is anxious to recoup the $50 million it provided to help commence work on Phase I of the Lynden Pindling International Airport. Phase I, consisting of a new 247,000 square foot terminal was completed at an estimated cost of $190.8 million. Prime Minister Ingraham noted that funding for the airport devel opment project is provided primarily through passenger user fees. SEE page thr ee SEE page 15 SEE page three GOVT ANXIOUS T O REC OUP $50M SPENT ON AIRPOR T W ORK OUR L UC AYA CLOSES DOWN TWO RESORTS SEEPG16 ONE FOOT ATATIME: This youngster keeps his concentration while rock climbing at Saturdays 69th Annual Red Cross Fair. The event, held in the lower gardens of Government House Grounds, featured a whole host of games and events. SEEPAGESEVEN T i m C l a r k e / T r i b u n e s t a f f

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L OCAL NEWS P AGE 2, MONDAY, MARCH 7, 2011 THE TRIBUNE A GRICULTURAL and artistic entrepreneurs from across the Bahamas were honoured with awards presented on the closing day of the Agri-Business Expo at the Gladstone Road A gricultural Centre yesterday. Dozens of independent producers of celebrated handicrafts, preservatives, fruit and vegetable crops, fisheries and livestock farmers were presented with awards to encourage their efforts to develop agri-business throughout the Bahamas. Schools partaking in a greenhouse project to grow fruits and vegetables were also presented with awards, as were Lucayan Tropical, The Grand Bahama ShrimpC ompany and The Island School for their contribution to food production and agricultural development. Cash prizes for other entrepreneurs will be announced later this week. Agriculture and Fisheries Minister Larry Cartwright commended their efforts as he noted the critical impor tance of food security in a time of population growth and rising food prices. With 60 per cent of the Bahamas 353,658 population residing in New Providence, Mr Cartwright said it is important for Bahamians to take advantage of opportunities in agriculture and fisheries across the islands and develop this key industry. Efforts have been made to create opportunities for crop, livestock and poultry farming in Abaco, Andros and Grand Bahama, in particular, Mr Cartwright said, while more opportunities will be created in other Family Islands. Agriculture links and interacts with major key indus tries such as education, tourism, marine resources and light industries, Mr Cartwright said. The stability of a country is predicated on a stable agricultural industry. The minister encouraged farmers to embrace modern technology to maximise production and pointed out advancements in the industry through the distribution of 30 greenhouses to schools across the islands and the success of new reproductive technology of sheep and goats through embryo transplant at the Gladstone Road Agriculture Centre (GRAC The expo brought together more than 150 people, operating over 140 booths at the three day fair, and the award ceremony featured performances by The National Youth Choir and National Childrens Choir. AGRI-BUSINESSEXPO P LENTYTOSQUAWKABOUT: C hickens were another of the attractions. ONSONG: The National Childrens Choir COLOURFUL: The National Youth Choir M e g a n R e y n o l d s / T r i b u n e s t a f f M e g a n R e y n o l d s / T r i b u n e s t a f f Artistic, agricultural entrepreneurs awarded SCRUMPTIOUS: Some of the p roduce on show at the expo at the Gladstone Road Agricul-t ural Centre. T im Clarke / Tribune staff COOKING CONTEST: Professional chief CarvisonP ratt competes with twoo thers in a cooking contest. Megan R eynolds /Tribune staff The stability of a country is predicated on a stable agricultural industry. Lar ry Cartwright

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THE PLP partys walkout of the House of Assembly during the mid-term budgetd ebate on Thursday has been defended by party deputy leader Philip Brave Davis as he accused the Prime Min ister of rudely, abruptly and prematurely ending the debate. Mr Davis accused Prime Minister Hubert Ingrahamof denying both himself and Minister of State for Social Services Loretta ButlerTurner the opportunity to speak as they rose to make their contributions, and thus thanked his colleagues in the PLP for walking out in their defence. He said: I remind the Prime Minister that just as he was elected to be the voice in Parliament of the people of the North Abaco constituency so were Loretta Butler-Turner and I elected to represent the people of Montagu and Cat Island, Rum Cay and San Salvador respectively. We are all equal in the House of Assembly. You arenot the House of Assembly! You are not the Common wealth of The Bahamas. The Prime Minister and the Speaker owe the peopleof Montagu and Cat Island, Rum Cay and San Salvador an apology. They both showed no regard or respect for them as citizens of the Commonwealth of the Bahamas. However, a Government MP told The Tribune that the Prime Minister and the Speaker were justified in their actions as the disagree ment arose following the contribution by PLP MP Alfred Sears. The MP said Education Minister Desmond Bannister started to rise on a point of order during Mr Sears contribution, but the PM asked Mr Bannister to wait for Mr Sears to finish, instead of interrupting him. Mr Bannister complied. As Mr Sears completed his contribution, Mr Bannister again rose to speak, as did Mrs Butler-Turner and the Prime Minister, the MP said. The rule of procedure for speaking is that the first one to catch the Speakers eye is the one who has the floor, the MP explained. The Speaker recognised Mr Bannister because he had already indicated that he was rising on a point of order, and had only held off in deference to Mr Sears. When he had finished, the Prime Minister again stood and the Speaker recognised the Prime Minister. However, if the Prime Minister had not stood, the Speaker would have recognised Mrs Butler-Turner because she had the right to the floor. He would not have recognised Mr Davis at that point. T he MP said the PLPs argument that it was their turn to speak because the FNM had already had two members speak successively was not justified as the rules of the House allow for the mover of the motion and the seconder of the motion to speak which is usually the government. Then after the seconder has completed his contribution, the Opposition would put its first speaker on the floor. From then on the debate would continue with Government and Opposition alternating its speakers. If it so happened during that debate that two government members spoke in succession it would have only been because the Opposition failed to put one of its speakers on the floor. Several hours before the debate ended, said the MP, Tommy Turnquest, leader of government business, reiterated that government had planned to end the debate a 5pm. There was no objection from the Opposition. It was already after 7pm when MrS ears had completed his contribution, the MP said. Therefore, when the dispute erupted as to who had the right to the floor, the Prime Minister closed the debate on the first appropriations bill. But while the Opposition was still in the chamber, the prime minister stood to second the second appropriations bill, which would have given Mr Davis or any member of the opposition the right to speak after the prime minister. Instead, the MP told The Tribune, the Opposition gathered their papers and walked out of the House instead of staying there to represent their people. L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 3 MORE monthly productivity will be required to ensure that work on the New Providence Road Improvement Project meets the governments schedule, Prime Minister Ingraham said. Progress is being made. They have now increased their employment numbers. They have 600 people working on the project. They are going to have to add some additional shifts and work on weekends. From our point of view, they need to produce certifiably $5 million worth of work each month in order for them to meet the schedule we have, Prime Minister Ingraham said at a press conference on Saturday. They are now producing work to the order of three and a half million I think, so they need to find a way by which they are going to speed the works up to meet the schedule or be faced with penalty consequences. We are satisfied with the quality of work, Prime Minister Ingraham said. In 2008, the government signed a $120 million contract with Jose Cartellone Construction of Argentina for the pre-launch of the completion of the roadwork. The project is funded by the Inter-American Development Bank (IDB roads, 19 corridors and five major intersections. The improvements include: Baillou Hill Road (south Baillou Hill Road (North ket Street corridor, East Street (between Robinson Road and Soldier Road), West Bay Street (Saunders Beach), Robinson Road and Prince Charles Drive, Marathon Road, Wulff Road, New Bethel Avenue (phase A) and New Bethel Avenue (phase B). The refurbishment of old water mains is also included in this package and the Milo Butler Extension from Carmichael Road to Cowpen Road is included as provisional work in the contract. By NATARIO McKENZIE Tribune Staff Reporter nmckenzie@tribunemedia.net DEFENDING his governments economic record, Prime Minister Hubert Ingrah am addressed criticism that his administration is merely taking credit for initiatives implemented under the Christie administration. have a problem with that because when Kerzner International came to the Bahamas in 1993 and agreed to a four p hase development, the third phase was done on their watch which they claimed ownership of and responsibil ity for. If the Kerzner third phase had not been done, the economy of the Bahamas would not have been what it was during their term in office. It w as completely facilitated by what we had put in place before, Prime Minister Ingraham said during a press conference Saturday. He further stated: From my point of view Im delighted to do those things while Im in office. The things that come about while Im in office, the things that happen after Im gone or that happen because of what I did while I was in office, I dont argue as to who did it or who didnt do it. The economy of the Bahamas was revived on our watch, he added. The economic growth and expansion that took place between 2002 and 2006 was because of the base that the FNM put down. There had never been a period of that kind before in the 90s. There had never been such a time and continued while we were out of office but others came along and claimed they did it. It is quite easy to find those things which were done on anybodys watch in the Bahamas and we are willing to match our record against anybody at any time. they sell, and 19 cents per gallon of diesel, regardless of the price they pay for fuel. They want the government to ease restrictions before they are driven out of business. The Bahamas Petroleum Retailers Association (BPRA voice members concerns when they meet this week w ith State Minister for the Environment Phenton Neymour. P rime Minister Ingraham told reporters on Saturday: It is you the public of the Bahamas that the government seeks to protect and prevent from paying unnecessarily high prices. Thats why gas and diesela re controlled prices. So the extent to which the gov ernment is responsive to the pressure from them is the extent to which you the travelling public will pay more money. Were seeking to be on your side, he said. We are seeking also to be fair to them but the marginw hich they have is not an unreasonable margin. P rime Minister Ingraham recalled that his admin istration was often criticized for giving local petrole um retailers a margin that was larger than anywhere e lse in the Caribbean. When the price of oil was lower and they were making profits I didnt hear a word from them, and neither did you, he said. The government is anxious to get back its $50 million which it p ut into the airport. We are not in the business of funding this airp ort. This is to be funded exclusively by those of us who use it, Prime Minister Ingraham told reporters Saturday after touring the n ew facility with several members of his Cabinet. According to P rime Minister Ingraham, the new facilities are expected to create another 150 to 200 jobs. Phase II of the project, which includes con verting the old US departure terminal into the international ter m inal, will start soon he noted. We expect that announcements of the issuance of the contract to be made in the coming weeks, Prime Minister Ingraham said. R egarding the work done on Phase I, Mr Ingraham said, It is a wonderful job. It appears to be very efficient and user friendly. It pleases us where we want to be at the head of the line in the Caribbean in terms of facilities as we are the leading tourism des t ination and financial centre and a place to attract business and for business to operate from. We think we are headed in the right direction. He said that today the new airport gateway project will com mence which will produce a four lane highway straight up to the six lane roundabout and before that is finished there will be a contin u ation from JFK to Prospect Ridge up to Milo Butler Highway and Tonique Williams-Darling highway and the third phase will continue from the six legged roundabout past the College of the Bahamas and continue straight up to Baillou Road from Poinciana Drive. Prime Minister defends govts economic record BRA VE ACCUSES PM OF RUDELY AND PREMATURELY ENDING HOUSE DEBATE DEFENDING WALKOUT: Philip Brave Davis More productivity required for Road Improvement Project I I f f t t h h e e K K e e r r z z n n e e r r t t h h i i r r d d p p h h a a s s e e h h a a d d n n o o t t b b e e e e n n d d o o n n e e , t t h h e e e e c c o o n n o o m m y y o o f f t t h h e e B B a a h h a a m m a a s s w w o o u u l l d d n n o o t t h h a a v v e e b b e e e e n n w w h h a a t t i i t t w w a a s s d d u u r r i i n n g g t t h h e e i i r r ( ( P P L L P P s s ) ) t t e e r r m m i i n n o o f f f f i i c c e e . DEFENDINGRECORD: P rime Minister Hubert Ingraham GOVT ANXIOUS TO RECOUP $50M SPENT ON AIRPORT WORK FROM page one PM: WE INTEND TO PROTECT CONSUMERS, WHILE BEING FAIR TO FUEL RETAILERS FROM page one

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EDITOR, The Tribune. P lease allow me space once again to publicly air my personal views on crime and punishment in our beloved, historic and heavily populated Commonwealth of the Bahamas. When Robert Heath, later S ir Robert Heath, was g ranted the Colony of the Bahama Islands in 1629 he did not have any real prob-l em with crime. A bout 1670, the year our country or the mother count ry granted the aforement ioned islands to the six L ords proprietors of the C arolinas, they had no real serious problem with crime either. T hey spent 47 years and thus hoarded wealth, materi al wealth for themselves, hence their grant was revoked. A year later Governor W oodes Rogers, a colonial governor, was appointed the f irst Royal Governor of the C olony of the Bahama Islands: as a matter of fact he served two consecutive terms. However, in September 29, 1729 Rogers convened the first Parliament or House of Assembly meeti ng with a total of 24 memb ers. Four of these repres ented the District of Harb our Island, Bahamas. E vents untoward had b egun to take place by now so Rogers was charged with driving out the pirates and bringing back the traders. Now a number of colonial governors served this colony until January 6, 1964 when S ir John Paul handed over as the last Royal Governor to Sir Milo Boughton Butler the first Bahamian Governor General on July 10, 1 973. Since those events crime has escalated and today we are up to our nostrils. It is my humble suggestion that the sure way to change the course of history is to: a ) enforce the death p enalty, hanging or execution. b) enforce the cat-o-nine t ail and c ) All written laws see that they are adhered to. N ow these as did many m ore have stood before us f or years; a stitch in time s aves nine, if the powers that be do not turn this situation around swiftly, the country w ill de doomed. R ESWELL N MATHER JP Historian, H arbour Island J anuary 31, 2011. EDITORIAL/LETTERS TO THE EDITOR PAGE 4, MONDAY, MARCH 7, 2011 THE TRIBUNE The Tribune Limited NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI Being Bound to Swear to The Dogmas of No Master LEON E. H. DUPUCH, Publisher/Editor 1903-1914 SIR ETIENNE DUPUCH, Kt., O.B.E., K.M., K.C.S.G., (Hon. Publisher/Editor 1919-1972 Contributing Editor 1972-1991 EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B. Publisher/Editor 1972Published Daily Monday to Saturday Shirley Street, P.O. Box N-3207, Nassau, Bahamas Insurance Management Building., P.O. F-485, Freeport, Grand Bahama WEBSITE www.tribune242.com updated daily at 2pm WASHINGTON Why so glum? Unemployment is dropping, but the reaction from both the left and right ends of the political spectrum is surprisingly unenthusiastic. Conservatives fear the improvement will weaken their argument that the way to bring back jobs is less regulation and more fiscal discipline. Liberals worry that better job numbers will create momentum for spending cuts that will cause the fragile recovery to falter. The divided reaction illustrates the ideological forces pulling at President Barack Obama as he tries to gain economic and political traction out of the positive jobs report. "Overall, it's a very solid jobs report," said Austan Goolsbee, the chairman of Obama's Council of Economic Advisers. "And overall there's been increasing optimism that despite having a long way to go, we're clearly headed in the right direction and we're putting some miles behind us and trying to get back to a good situation." Indeed, a number of economic markers are moving in positive directions. The U.S. econo my has been growing for 18 months. Retail sales are picking up. A Federal Reserve survey released this week showed factory activity ris ing in all Fed districts except St. Louis. Obama, himself, made the point Friday, trumpeting the unemployment numbers duringa visit to a Miami high school. "That's the 12th straight month of private-sector job growth," he said. "So our economy has now added 1.5 million private sector jobs over the last year. And that's progress." Still, unemployment is usually the last eco nomic signpost to improve after a recession, and the rate remains high at 8.9 per cent. The number of unemployed is 13.7 million, almost double since before the recession. And that's enough to provoke some downbeat assess ments. "We have yet to see the leadership we need coming out of the White House to restore sustainable economic growth," declared Repub lican National Committee Chairman Reince Priebus. Economist Heidi Shierholz, at the lib eral Economic Policy Institute, weighed in with this: "Some of February's growth is simply a positive rebound effect after bad weather last month, and the trend is modest." Since the November elections that placed Republicans in control of the House and weakened the Democrats' hold on the Senate, Republicans and conservatives have argued that the path to jobs is through deregulation of industries, fiscal restraint and low taxes. Oba ma has embraced some of the advice, reaching out to business with a pledge to reconsider some government rules and compromising with Republicans by dropping, for now, his demand that the wealthy pay higher taxes. So, even as the unemployment rate goes down, Republicans insist Obama's past policies were at worst, counterproductive, or at best, ineffective. Jobs will come faster and with more staying power, they argue, if government simply gets out of the way. Liberals and their Democratic allies have been pressing for more government intervention in the economy. The fragile recovery still needs to be prodded by public spending, they say, and they bristle at attempts to cut current budgets. Obama has embraced some of that advice, too. He has proposed additional taxpayer money toward education, research and technological innovation while negotiating with Republicans on how far to cut into current spending. While private employers added 222,000 jobs last month, some analysts noted that when averaged with more meager number of new jobs in January, the increase in payrolls is similar to the monthly pace in the last quarter of 2010. "On the unemployment rate, for sure there are going to likely to be blips," Austan Goolsbee said in an interview. "Nobody knows, is 8.9 the rate or will it go up? That could happen." But he added: "The three-month trend, the one-year trends of substantially adding jobs in the private sector and substantial reductions in the unemployment rate are exactly what we want." The White House is certainly counting on those trends moving in their favour. The econ omy and high unemployment were key factors in last November's Republican election wave. At the time, the unemployment rate had been rising for six straight months. But since the 9.8 per cent high of November, it has been dropping. Politically, the trend line could be as important as the unemployment rate itself. In 1980, Jimmy Carter lost his re-election bid to Ronald Reagan as unemployment climbed from 6 per cent in October of 1979 to 7.5 per cent in October of 1980. Likewise, George H.W. Bush lost to Bill Clinton in 1992 in the midst of rising unemployment, which went from 6.9 per cent September of 1991 to 7.6 per cent in September of 1992. But Reagan managed to get re-elected in 1984 even though unemployment stood at 7.4 per cent in October of that year. Unlike Carter and Bush, Reagan's unemployment trend line had been dropping since the spring of 1983. There are still trouble spots ahead for Obama. "The main clouds of concern that we monitor are what happens in the Middle East with fuel prices and what happens with the financial system in Europe," Goolsbee said. In addition, public hiring by local and state governments remains an area of weakness. Those are clouds that can still dampen an economic recovery and complicate a president's political prospects. (This article was written by Jim Kuhnhenn of the Associated Press). Enforcing death penalty will change course of history LETTERS letters@tribunemedia.net Joblessness down, some still downbeat $SSUR[LPDWHO\VTXDUHIHHWRIVHFRQG VSDFHLVDYDLODEOHLQQHZO\FRQVWUXFWHG EXLOGLQJDWWKHFRUQHURI0DUOERURXJKDQG &XPEHUODQGWUHHWV 7ZRfRQVLWHFDUVSDFHVLQFOXGHG ,GHDOORFDWLRQIRURIIVKRUHEDQN WUXVWFRPSDQ\ODZRUDFFRXQWLQJRU RWKHUSURIHVVLRQV&RQWDFWZQHU 35,0()),&($&( E DITOR, The Tribune. The recent fanfare and what I must describe as the inac curate journalism to the event the ground breaking for the n ew FBO, Fixed Base Operation, at the Grand Bahama International Airport yet again showed journalists rarely check their articles for accuracy. I refer to the promise of 50,000 new arrivals-users in a year w hich was a total misquote of the comment from Mr Gilbert, GM, Grand Bahama Airport Co. You can wish all you like for an increase after this essen tial facility is built (long overdue and further shows that witho ut funds even the private sector put things on hold). In the State of Florida, Mr Gilbert said there are 50,000 licensed pilots. P ossibly further the journalists showed have checked prec isely how many private aircraft use the two FBOs at LPIA a nd contrast to what Grand Bahama receives. Here is yet a perfect example of a journalist not checking before they put pen to paper. Government to join with GBPA by subsidising to the tune of $500,000 for the promotion of the Port Authority todays news is that Our Lucaya is laying off 200 employees the hotel continues to struggle even under the Radisson marquee surely under the Hawksbill Agreement Act there is no position for the Public Treasury to be subsidizing such? We wish an improved GBPA but they have to dig into their own funds they sold a lot of shares in Grand Bahama Power recently surely they have funds? ABRAHAM MOSS Nassau, March 3, 201l. JOURNALISTS RARELY CHECK THEIR AR TICLES FOR ACCURACY E DITOR, The Tribune. Re: Assistance for a rrested straw vendors cost t he taxpayer $139,000. The Tribune, March 1, 2011 E ach arrested person appears to have received about $15,444 in assistance.N ow that, folks, is what we could call real compassion! However, Im sure that there are also one or twol awbreakers at HM Prison w ho would be very happy to receive similar compassionate assistance butt hen again, maybe they cant vote. KEN W KNOWLES, MD Nassau, March 2, 2011. THA TS WHAT WE CALL COMPASSION!

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A TEENAGER is in serious condition at hospital after he was mobbed by a group of men while at a party. The 19-year-old was chopped in his head and also suffered stab wounds to his lower back early yesterday morning. According to police, the Seven Hills resident was at One Stop Auto, Zion Boulevard, when a group of men approached him just after midnight. Within the hour, police were called to a shooting at Montagu Ramp, Eastern Road. A 28-year-old man was shot in his side as he sat in a car with a woman shortly after 12.30 am. The couple were approached by three men, one of whom was armed with a handgun. It was reported that the gunman opened fire after the men were unsuccessful in opening the car door. The 28 year old was taken to hospital by emergency medical services where he is listed in serious condition. As police continue their investigations into both matters, they are also probing several armed robberies that occurred this weekend. In separate incidents spanning two days, armed thugs raided a gas station, drug store, construction site and robbed two men, one of whom was held up in front of his home. On Friday afternoon, three armed men burst into the office of the T.G. Glover construction site on Pitt Road. Armed with handguns, the robbers escaped with an undetermined amount of cash in a white 2006 Chevy Suburban that they stole from an employee. Police later found the vehicle at Bain Street off Nassau Street. Several hours later, two men held up the Texaco Service Station at Carmichael Road and escaped with an undetermined amount of cash and cell phone cards. The thugs pulled in to the service station on a red and white 650 trail motorcycle at around 9.30pm. According to the police, the passenger put a towel over his face after he entered the store, pulled out a handgun and demanded cash. The next armed robbery was reported early Saturday morning at Cordeaux Avenue and East Street. A 44-year-old man is in serio us condition at hospital after he was robbed and hit in the head. Just before 1am, three men demanded cash from a 44-yearold man who was walking on Cordeaux Avenue. After robbing the man of his money, the thugs struck him in his headw ith an unknown object. Two hours later, a man was robbed by two masked and darkly clothed men on his way home at Barcadi Road. The culprits, one of whom was armed with a shotgun, fled west on Carmichael Road after they robbed him of his black 2000 Nissan Maxima, licence plate number 8008. On Saturday afternoon, police were called to an armed robbery at La Sells Drugs and N otions, Kennedy Sub-division. Two men, one of whom was armed with a handgun, robbed the store of a laptop, cell phone, and an undetermined amount of cash shortly before 3pm. Anyone with any information that might assist police in their investigations into all c riminal matters should call 911, 919 or call Crime Stoppers anonymously on 328-TIPS (8477 L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 5 AS work continues on the Arawak Cay Project Prime Minister Hubert Ingraham revealed recently that the government is soliciting bids for the demolition of the old Customs building. "We are finally going to take down the old Customs building on Arawak Cay. We are soliciting bids for it and the terms of the bidis that the work is to commence April and be completed by June of this year. "We are now getting ready to complete the port at Arawak Cay and a part of that is to move this warehouse. We also expect to be able to have that same end of Arawak Cay as an inter-island t erminal facility, he said. Prime Minister Ingraham said that mailboat operations are expected to be transferred from Potter's Cay to Arawak Cay. He noted however that there is not yet a definite plan for Potter's Cay. Teenager in serious condition after being attacked at party GOVT SOLICITING BIDS FOR OLD CUSTOMS BUILDING DEMOLITION

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SIXTY recruits are expected to enter training next month as the Royal Bahamas Defence Force works to develop and e xpand its human capital. A ccording to Minister o f National Security Tomm y Turnquest, there are 1 ,060 officers and marines c urrently employed by the RBDF. A total of 57 persons retired last year. The training, said Mr Turnquest, will ensure that a skilled cadre of personnel is available to r eplace personnel retiring or resigning from the Force. Over the past three y ears, considerable focus h as been given to building t he Defence Force into the effective and efficient sea-g oing Force it is intended t o be, and instilling the discipline and providing the education and training necessary for these purposes. Speaking at Grace C ommunity Church yest erday, Mr Turnquest commended past and present RBDF officers andt heir families for their dedicated and exemplary service at their annual church service. W hile acknowledging the many challenges faced by the force as they pro tect the sovereignty and territorial integrity of the country, Mr Turnquest praised the successes of new policies, administra t ion and programmes implemented this year. Role Mr Turnquest said: We understand the wide range your role encompasses from sentry duties at diplomatic missions, assisting with disaster response and relief, patrolling our waters, to manning of light houses and other navigational aids around The Bahamas. He added: You have continued to patrol the waters of The Bahamas to deter and apprehend foreign poachers who plunder our marine resources and illegal migrants, who are trying to escape from their own countries problems. Your unabated efforts at deterring and apprehending those engaged in the nefarious activities of drug trafficking and illegal firearms smuggling are commendable. During his speech, Mr Turnquest reaffirmed theg overnments commitment t o the acquisition of more manpower, assets, and satellite bases in strategicp laces as they move to fur ther decentralize the organization. Mr Turnquest said: The Government is committed to the acquisition of additional sea-going assets to keep pace with the capacity of the Defence Force to effec tively crew and utilize the assets. And, going for w ard, a prerequisite for recruitment to the Defence Force is a pledge to serve at sea. T he decentralization policy has surfaced the concerns of some personnel, Mr Turnquest said, who do not want to be deployed outside of the capital. Protect Mr Turnquest said: It must be understood, however, that the Defence Force is primarily a seagoing organization intended to guard and protect the vast territorial waters of The Bahamas. As such there can be no escaping of the requirement to be posted at sea at certain periods of ones career within the Defence Force if one hopes to be rewarded with upward mobility. Satellite bases are now on Inagua, Grand Bahama, Exuma and Abaco, with continuing discus sions to establish a new base in Ragged Island and a permanent location in Grand Bahama. While this is a chal lenging period for all those involved in National Security, Mr Turnquest said, it is also one of the most exciting times in the history of the Defence Force as it undergoes significant transformation and upgrade. He added: I urge you to continue to be confident in your abilities, be proud of who you are and the institution that you represent. There will be challenges ahead but you must continue to wear your uniforms with pride and honour, as we remain committed to serving and securing the citizens of this nation. L OCAL NEWS P AGE 6, MONDAY, MARCH 7, 2011 THE TRIBUNE Defence Force set to put 60 recruits through training RBDF working to develop and expand human capital MINISTER OF NATIONAL Security Tommy Turnq uest said there are 1,060 o fficers and marines currently employed by the R BDF. A total of 57 persons retired last year.

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L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 7 THEME:LED BY HIS SPIRITSPECIAL GUEST SPEAKERS & PRESENTERS: BISHOP CLAYTON MARTINGeneral PresbyterBISHOP DAVID BRYANGlobal Outreach DirectorBISHOP ROBERT DAVISState Overseer of FloridaBISHOP JEFFERY DAVISState Overseer of North CarolinaBISHOP TIMOTHY COALTERState Overseer of South CarolinaBISHOP CLARENCE WILLIAMSOverseer of The Turks & Caicos IslandsBISHOP DON BROCK MR. ELLISON GREENSLADECommissioner of PoliceMINISTERING IN MUSIC ARE : The National Convention Choir, the Convention Praise Team, Tabernacle Concert Choir, and other Church Choirs, Praise Teams, Soloists, and Singing Groups. The Bahama Brass Band, Bahamas Youth and Junior Brass Bands, and the Crusaders Brass Band will provide special music.Romans 8:14Sunday, March 20th, 2011 The Convention closes on Sunday, March 20th, 2011 with the Annual Parade and Water Baptismal Service at the Western Esplanade, and with the live ZNS Radio 1540 AM, 810 AM and ZNS TV 13 evening broadcast service. During this service, the National Overseer, Bishop Dr. Elgarnet B. Rahming will deliver the final message on the Conventions theme. LOG ON TO:www.cogopbahamas.orgFOR LIVE WEBCAST EVENING SESSIONSFor further information, call 322-3097Moderator: Bishop Dr. Elgarnet B. Rahming & Minister Jacqueline B. RahmingMonday, March 14th, 2011 Bishop Dr. Elgarnet B. Rahming, CMG, DD, JP, National Overseer and Moderator will deliver his Annual National Address on Monday, March 14th live over ZNS Radio 1540 AM and 810 AM. 3HVVLPLVWLFSHRSOHNHHS RSSRUWXQLWLHVEXULHG EHFRPHDOLYHDJDLQEXW DQRSWLPLVWLFSHUVRQZLOO UHWULHYHDOO DQGSXWWKHP KLJKRQWKHPRXQWDLQWRS a4WffkFSk^ad a SCENES from Saturd ays 69th Annual B ahamas Red Cross Fair. The event was held in the lower gardens of Gov ernment House Grounds and featured rides, games, food and fun for the whole family. G overnor General Sir Arthur Foulkes (centre picture) was also present. Tim Clarke / Tribune staff 69TH ANNUAL BAHAMASRED CROSSFAIR

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By GLADSTONE THURSTON Bahamas Information S ervices F ROM blacklisting a decade ago, financial services in the Bahamas has rebounded to sound footing thanks to the diligence of the nations compliance regimes. T hey are responsible for ensuring a clean industry, free from abuse by money launderers. Stephen Anthony Thompson, BSc MBA, CAMS, I nspector at the Compliance Commission, reflected on the outcome of events that almost derailed the Bahamas burgeoning financial services industry. If there is one positive t hing coming out of the blacklisting, he said, it is that now all regulators are working together to make sure that nobody will be able to perform those criminal activitiesw ithout being captured. A Certified Anti-Money Laundering Specialist (CAMS s erves as liaison between the Commission and regional and international bodies, and participates as part of The Bahamas delegation to the Caribbean Financial Action Task Force plenary. L ist H e assisted in strengtheni ng The Bahamas regulatory regime, which led to its delisting and removal from the Financial Action Task Forces monitoring list. L awyers, accountants, real estate agents, and credit unions had been of special concern to the monitoring agencies. The Compliance Commission addresses those concerns. C reated by section 39 of the Financial Transactions Recording Act, the Compliance Commission is the financial services regulatory body with responsibility for then on-banking sector those institutions not regulated by the Central Bank of The Bahamas, the Securities Commission, or the Insurance Commission. It is an independent statut ory body within the portfolio of the Minister of Finance. It has three commissioners Philip Stubbs (chairman Rowena Bethel (executive c ommissioner), former b anker Oswald Munnings. Mr. Thompson is responsib le for the Commissions dail y function. Those institutions that fall within the purview of the Compliance Commission are n ow required to submit to an o n site examination. Business The only way we are able t o know what they do is for us to go into their business andc heck to see whether or not t hey have policies and proced ures to prevent people from laundering money and to ensure that they are in effect, s aid Mr. Thompson. In 2000, The Bahamas financial services industry wasn egatively rated by the monit oring international community. There were three main a reas of concern, he recalled. The Financial Action Task Force (FATFB ahamas was not doing suffi cient to fight money laundering; the Financial Stability Forum said that because oft he size of the financial ser v ices sector in The Bahamas, the regulatory structure was not as strong as it should have been; and the Organisation of Economic Cooperation and Development (OECD that The Bahamas was a taxh aven. In response, the Government passed 11 pieces of legislation to strengthen the financial services sector. One was the Financial Transac-t ions Recording Act which addressed the view that a certain group was being left unregulated. Worldwide it was believed that because the banks strengthened their processes,h e said, people started looking at other ways of getting their money cleaned up. And so there came the avenues of real estate brokers, a ccountants, lawyers, credit u nionsand that is why the Compliance Commission was c reated, to look after that g roup, said Mr. Thompson. He was convinced that some of the criticism levelled against The Bahamas leading t o blacklisting were not justif iable. The main criticism in The B ahamas was that not sufficient persons were sure about h ow we were regulating financ ial institutions, he said. Because they would have i nterviewed and spoken to different people, they got diff erent stories, and the truth about it, I am not sure they were able to make sense ofh ow we were regulating. I truly believe that we were regul ating. However because we were not able to defend ourselves and give them a proper story as to how we were regulating,t hey stepped away and said Those people, either they dont know what they ared oing, or they are involved in criminal activity. I do not think there was m uch money laundering going on. However because o f the way the regulators operated, almost in silence, we were not sure what the others were doing. So, what the blacklisting really did was to bring to bear the importance of regulatorsw orking together. As there are hundreds of financial institutions to be supervised, the law allows the Commission to appoint independent auditors to act as itsa gents. It has been using public accountants licensed by the Bahamas Institute of Chartered Accountants (BICA Last week the Commission and (BICA effect a memorandum ofu nderstanding crystallising the administrative protocols between them. Features T he main features of the document are: The Commission will advise B ICA of each of those accountants who request to be its agents. BICA will ensure that persons who want to act as agents of the Commission get the r equisite training. The Comm ission has training seminars each year for accountants and only those that attend themw ill be appointed agents. Participation in the Comm issions anti-money laund ering seminars will be equiva lent to BICAs continuing professional education hours accountants need each year. T he Compliance Commission will be a part of BICAs annual Accountants Week. T he Compliance Commiss ion then issues letters of appointment to accountants who qualify authorising them t o act as its agents. And, as the financial ser vices industry grows, complia nce to financial services reg ulations is opening a new field of vocation. More Bahamians are becoming certified anti-m oney laundering specialists. L OCAL NEWS PAGE 8, MONDAY, MARCH 7, 2011 THE TRIBUNE Compliance Commission checks money laundering

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FREEPORT is said to b e reaping the benefits of revitalisation efforts as more than 30 businesses have opened in the downtown area between June and February. P resident of The Grand Bahama Port Authority, Limited (GBPA R olle, said the figures are e ncouraging. The success of the D owntown Turnaround P roject can be seen in the i ncrease of new businesses in the city centre, he said. The revitalisation has brought about a new spirit, which has led to renewed optimism amongst store owners, he s aid. M r Rolle further noted that along with the usual r etail establishments c atering to clothing, hair o r footwear, downtown is beginning to attract a new breed of entrepreneurs,i ncluding florists, pastry artisans, event planners, lawyers and property management consultants. He said: Were definitely excited at the num bers and the shift in prod-u cts being offered. GBPA s ought to make it happen and now business owners are running with theire ntrepreneurial ideas. The GBPA has compared the commercial growth to that of theI nternational Bazaar which suffered the closureof more than 50 of 85 busi nesses there between 2004 a nd 2009, and then the return of more than 35 businesses when theGBPA introduced its oney ear business license exemption. Proprietor Denyse Lowe, opened Petal PartyL td in downtown Freeport two days before Christmas and said her sales haveb een phenomenal. When we opened, there were no phones, signs on the door, ora dvertising but we did e xtremely well through just word-of-mouth and a lot of foot traffic, she said. Ms Lowe said the high volume of customers attracted her to the area and she set up two stores in the Seventeen Centre, a location she firmly believes in after enjoying successful Christmas and Valentines holiday sales. For persons consider ing opening up in the downtown area, Id tell them not to be afraid, Ms Lowe said. There is a lot of activ ity, its busy and the feel and atmosphere are changing. The Downtown Turnaround Project committee and other governmental and non-governmental agencies have commenced initial discussions about planning upcoming activities for the downtown area. Mr Rolle said: We are excited about the citys redevelopment thus far and look forward to increased growth. Research has shown that downtown festivals have and continue to provide the venue for the gathering of people and vibrant expressions of art and culture. As evidencedby the Angels of Hope Christmas Concert held in December, business own ers and residents are thrilled with the transformation that has taken place downtown and are eager for cultural events and related activities to return to the citys cen tre. L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 9 The Mercedes-Benz C-ClassY our most enjoyable drive ever.The Mercedes-Benz C-Class is a pleasure tobehold offering a new interpretation of driving pleasure. Its taut lines lend it an air of effortless superiority while the wide radiator grille and distinctive rear section announce a vehicle with a real presence and dynamic personality. F ew cars can compete with its ability to adjust so many facets of its character f rom the interior to the drive technology so quickly and precisely in response toexternal conditions and your own particular needs. The key to this flexible response is the standard-fit Agility Control Package which includes selective damping. The interior offers noticeably more space and a more distinctive atmosphere tosuit your taste. As you will see, the C-Class is the perfect embodiment of the Mercedes-Benz philosophy.Tyreflex Star MotorsWulff Road, P. O. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 Fax 242.323.4667OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY. You are cordially invited to attend A presentation by Dr. David T. ConleyPROFESSOR OF EDUCATIONAL POLICY AND LEADERSHIP FOUNDER, CENTER FOR EDUCATIONAL POLICY RESEARCH, UNIVERSITY OF OREGONNEXT STEPS FOR CREATING A COLLEGE AND CAREER READY CULTUREThe rapidly changing world offers tremendous opportunities for The Bahamas to grow and thrive as a nation. Every Bahamian has a role in charting the path, including teachers, business leaders, community members, parents and students. This session will discuss the next steps in developing a culture of college and career readiness in the home, school, and community. Thursday, March 24th, 2011 7:00 pm 9:00 pm INDEPENDENCE BALLROOM B SHERATON NASSAU BEACH RESORT, WEST BAY STREETAdmission is free of charge and there will be a question and answer sessionRSVP T 362 4910 or email speakerseries@lyfordcayfoundation.orgCOLLEGE CONNECTIONS THE SPEAKER SERIESBuildingTomorrowToday %$65$ %DKDPDV$LUHDHVFXH$VVRFLDWLRQ $118$/*(1(5$/((7,1* %$65$+HDGTXDUWHUV $OOPHPEHUVDUHXUJHGWRDWWHQG 5HIUHVKPHQWVZLOOEHVHUYHG Downtown Freeport sees the benefits of revitalisation project NEW DOWNTOWN BUSINESS OWNER: E ntrepreneur Denyse Lowe, proprietor of Petal Party Ltd., arranges a unique floral arrangement at the counter of her newly opened store in the heart of Freeport. NOVELTY GIFT AND HOME DCOR ITEMS: Visitors to Freeports downtown area can enjoy a greater array of items for sale as budding entrepreneurs offer innovative products.

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L OCAL NEWS PAGE 10, MONDAY, MARCH 7, 2011 THE TRIBUNE HOUSES/APARTMENTS/COMMERCIAL BUILDINGSVACANT PROPERTIESOFFICERSPROPERTIES LISTED FOR SALEC ontact Account Ofcer listed below by using number code for each property.COMMERCIAL BANKING CENTRE Tel: 242-356-8568 (800. Monique Crawford (801. Jerome Pinder (802. Brian Knowles (803. Vandyke Pratt (804. Hope Sealey (805. Tiffany Simms Obrien (806. Lois Hollis (807. Lester Cox (808. DaShann Clare-Paul (811. Lydia Rahming PALMDALE SHOPPING CENTRE Tel: 242-322-4426/9 or 242-302-3800 (201. Patrice RitchieN EW PROVIDENCE(801) Lot #18 in Sandilands Allotment on the western side of Crosswind Road between Seabreeze Lane and Pineyard Road in the Eastern Distract of The Island of New Providence-The Bahamas, containing single storey private resi-dence comprising the following: covered entry porch, living room, dining room, kitchen, laundry room, family room, sitting area, 4 bed-rooms, 2 bathroom and patio. The total area o f land is approximately 7,641 sq ft. Appraised v alue $238,900. (801Two parcels of land containing 21,120 sq.ft. situated on the southern side of East Shirley Street and 100 feet west of its junction with Shirlea in the Eastern District of the Island of New Providence The Bahamas. Situated thereon is a Gas Station and Auto Repair Shop. Appraised value $492,000.( 805) Single Family Residence located on the N orthern Side of West Bay Street, and immedi-a tely East of Caprice Condominium Complex ( Cable Beach). The home of 5,854 square feet consist of 5 bedrooms, 4 1/2 bathrooms, de-tached building (double car garage) is 686 square feet, with reinforced sea wall, swimming pool & deck. The waterfront property has a land size of 20,994 square feet. Appraised Value $1,512,571 (801All that parcel or lot of land being Lots #10 and 11 in Block 29 of Coconut Grove Subdivision, containing a shopping plaza. The lot i s trapezium in shape, 8,383 square feet. App raised value $315,000 (803All that piece or parcel of lot containing 6,887 sq ft. situated on the Eastern side of East Street North. The property is completely utilized by a commercial building. Erected on the property is a two storey masonry structure with gross area consisting of the following: Floor (Ground & Second) 3,341 sq.ft, Storage 5,320 Sq.Ft, Lunch Room 715 sq.ft, Patios & Walkway 1,500 Sq.Ft. Appraised value TBA ( 803) All that piece or parcel of lot containing 8,075 square feet situated on the Northern side of Sands Lane Fort Fincastle City District. The property is commercially zoned with an old Bahamian style building constructed of wood frame with cement stucco walls. The building has a ground oor porch, 4 Of ces, Reception, Kitchenette and Storage. Upper level 2 Of ces, Conference room, 1 Bathroom & Storage. The oor is approximately 2,500 square feet with porch area 190 sq.ft. Appraised value TBA( 811) Residential/Commercial property, lot# 1 37, located Culmersville, Eastern District, New Providence with a size of 4800 sq. ft. The prop-erty contains a 2 storey 1500 sq ft building, up-per level: 2 bed 1 bath apartment, lower level: Beauty salon. The building nishes: 8 concrete block wall, 4 concrete partitions, asphalt shin-gle roof, tiled oors, wood ceilings, private wa-ter system, standard electrical and plumbing xtures, central air-condition (split system burglar bars. Appraised value $191,000. ( 811) Twolots #248 & 249 located Dorsettville S ubdivision, Southern District, New Providence on which an incomplete building is situated. The properties are residentially and multi-fam-ily zoned, with graded, incomplete landscaped and fenced in on 3 sides. The building is 4266 sq ft with a 2 storey multi-family at the roof stage with 1 bedroom unit attached. There are accommodations for the upper oor: 4 units 1 bed 1 bath each3 units, 1 bed 1 bath each, Lower oor 2 bed 1 bath. Garage converted to 1 bed 1 bath, which is 90% completed with a tenant. Appraised value $296,000. ( 801) Single-family/multi-family r esidential property situated 1/4 mile east of South Ocean B oulevard in the Western District of New Provi-dence consisting of a portion of lot #15 comprised of 0.472 of an acre containing a 3 bedrooms, 2 1/2 bathrooms residence and three residences u nder construction; Appraised value $250,000.00. O ther portion of lot #15 vacant, comprised of 0 .574 of an acre; Appraised value $170,000. (901) Parcel of land situated in the subdivision of Gleniston Garden 11,250 sq ft Lot# 9 block 20 i n the district of New Providence containing a t wo storey residence, ground oor contains a kitchen, dining room, lounge, a family room, a veranda at the front and side with a patio to the back of the house. The upper oor contains 2 bedroom, 2 bathrooms, walk in closet a nd a storage area with a balcony to master bedroom. Approx size of building 2900 sq ft. A ppraisal TBA (569Lot #27 of Village Allotment #14 in the Eastern District, containing residence situated on Denver Street off Parkgate Road in the AnnsTown Constituency, New Providence. Property size 2,500 sq. ft. Building size 990 sq. ft. Appraised value $50,000.( 569) Lot # 2 in block #8, Steward Road, Coral H eights East Subdivision situated in Western D istrict of New Providence, approx. size 8,800 s q. ft. with a split level containing two bed, two b ath, living, dining & family rooms, kitchen and utility room approx. size of building 2,658 sq. ft. Appraised value: $322,752(569)Lot #20 with residential property located Skyline Heights. Appraised value $280,000.(569)Lot of land being lot number 11 in Block number 10 on a plan of allotments laid out by V illage Estates Limited and led in the dept of L and & Surveys as number 142 N..P. and situ-a ted in the Eastern District of New Providence. Property contains three bed, two bath residence. Appraised value $165,000.00 (569Lot B 50 ft x 115.73 ft situated on the north side of Shell Fish Road, being the third lot west of FireTrail Road and east of Hamster Road with a one half duplex residential premises. Appraised value TBA( 569) Lot #17 located Village Allotment with f ourplex value $500,000(569Property situated on Williams Lane off Kemp Road, New Providence, Bahamas containing a two-storey house and an apartment building consisting of 1800 sq ft. Appraised value $100,000. (569Lot of land situated on FireTrail Road b eing a partition of Gladstone Allot #41 New P rovidence, Bahamas containing townhouse a partment unit and two proposed units (com-pleted as is). Appraised value $237,714. (569) All that piece, parcel or lot of land situ-ated on Cowpen Road (1000 ft east of the Faith Avenue Junction) in the Southern District of New Providence, Bahamas containing a duplex apart-ment comprising of two 2-bedroom/1-bath-room apartments. Appraised value $175,000.00. ( 569) Lot of land #382 situate on Chestnut St. i n Pinewood Gardens in the Southern District o f the Island of New Providence with a partially constructed concrete residence thereon. Appraised value TBA. (565Lot # 1018 in Golden Gates Estates #2 Subdivision situate in the South Western Dis-trict of the island of New Providence Containing a single storey private residence 3 bedroom 2 bath. Property approx. size 6,000 sq. ft. Building approx size 2,400 sq. ft. Appraised Value $ 173,176. (569Lot # B Block B situate on Rosedale Street in the Careys Subdivision containing a four bedroom two bath residence. Building size 1,234 sq.feet. Property size approx 4,500 sq ft. Appraised Value $149,000. (569) Single storey triplex, situated on Lot 615, Mermaid Boulevard, Golden Gates #2 in the Western District, New Providence. Two two b edrooms, one bathroom units and one one b edroom, one bathroom unit. The property is zoned as Multi Family Residential, measuring 9,092 sq ft with the living area measuring 2,792 sq ft. Appraised value $374,192.00(569)All that Southwestern Moiety or Half Partof a Lot of Land being part of a Tract of Land n ow or formerly called ANNSTOWN situate S ix Hundred and Ten (610outheast of K emps Road in the Eastern District of the Island of New Providence aforesaid and set out as Lot #35 containing a duplex. Property size 50 ft x 50 ft Appraised $61,000. ( 569) Lot # A and B on Northern side of Carmichael Rd. Nassau with building and foundation for a warehouse. Property size 15,780 sq.ft). Appraised value $325,000.( 569)All that piece parcel or lot of land situate o n the East Side of Millers Road and 2763.58 ft South of Carmichael Rd. being Lot #B con-taining a Triplex Property size 80 x 100 (8,000 sq.ft) Appraised Value TBA. ( 569) Lot #2, Block #5, Englerston Sub-Division, Southern District of N.P. containing a partly completed building Property size approx. 3,535 sq.ft. Appraised value $84,000 ( 008) Property containing 3 bed 1bath home S ingle Family Residence. All that piece of par-c el or lot of land being Lot. Number 2819 lying w ithin the Subdivision known as Cedar groves Estate situated in the Southern District of the Is-land of New Providence in The Commonwealth of the Bahamas. Property Size 8,250. Appraised Value $157,100.00 (569All that piece parcel or lot of land situate North of Believers Gospel Chapel, Prince C harles Dr. identied as Parcel B and cont aining thereon a four unit Apartment Comp lex. Property size is 20,931 sq ft. Appraised v alue $447,600. (569All that piece parcel or lot of land situated in Englerston being Lot #12 and #13 containing an incomplete triplex apartment Appraised value$195,000. (569All that piece parcel or lot of land situa ted Pinewood Gardens containing thereon a t hree bedroom residence. Appraised value $ 8 5,000.(569) All that piece parcel or lot of land num-bered Lot #262 Australia Blvd., Elizabeth Estates containing thereon a Three (3oom residence. Appraised value $110,000.00(569)All that piece parcel or Lot of land num-bered 1802 in the area called and known as Pine-w ood Gardens Subdivision on the island of New P rovidence and contains thereon a 1,449 sq.ft. b uilding. Said Property is 5000 sq.ft. Appraised V alue $179,000(569)All that piece parcel or Lot of land num-bered #35 and #36 in Block #23 in the area called and known as Nassau Village Subdivision on the island of New Providence and contains thereon a 915 sq.ft apartment building. Said Property is 5000 sq.ft. Appraised Value $178,000 (569Lot #201 Arawak Avenue of Pyfrom Es-t ates Subdivision situated in the Eastern Dist rict, New Providence Island and containing t hereon a 3-bedroom residence. Lot approx. 6,000 sq ft. (60 x 100). Appraised value TBA (301Lot # 659 on the northwestern side of Malawi Street, Elizabeth Estates East Phase 2,Ya-macraw constituency, New Providence island. Lot of the land 5,085 sq ft. with a 22-year old single level residence, 3 bedrooms, 1 bathroom. Appraised value $94,871( 569)All that piece parcel or plot of land com-prising 2,513 sq.ft. situated on the Eastern side of Armstrong St. and approx. 30ft. north of Shirley St. containing a two-storey wooden structure. Appraised Value $152,325 (569Lot of land on the east side of Millers Road (now known as Bacardi Rd) and 2,763.58 feet south of Carmichael Rd in the Southern Dis-trict of the Island of New Providence and cont aining thereon a duplex (2bed 1 bathuildi ng is 1,616 sq.ft. and property is 8,071 sq ft. A ppraised value $180,000. (569Lot of land being Lot #A4 of the subdi-vision known as Johnson Estate situated in the Eastern District, N.P, and containing thereon a two storey concrete building. Appraised value $277,000.(569)Lot of land known as Lot #231 in Treasure Cove Subdivision situated in the eastern District o f New Providence and containing thereon a 3 -bedroom 2-bath residence with swimming p ool and other amenities. Building is approx1,775 sq.ft and property is 6,200 sq.ft. Appraised Value $474,340. (569Lot of land in Shirley Heights Subdivision being Lot #8 Block 21 containing thereon a 3-bed 2-bath concrete building. Appraised v alue $155,000.(571) Lot Number 223, Coral Harbour Water-ways Subdivision, Western District, New Provi-dence containing a split level 5 bed 4 1/2 bath r esidence. Living space is 5,200 sq.ft. Property i s 10,654 sq.ft. Appraised Value $992,000 (569Lot of land being Lot number 676 in the Subdivision called and known as Pinewood G ardens situate in the East-Central District of t he Island of New Providence and containing t hereon a 3-bedroom 1-bath concrete residence. Appraised Val TBA.(569) Lots of land being Lots number 359 and6 74 in the Subdivision called and known as Sta-p ledon Gardens situate in the Western District oft he Island of New Providence, containing thereonrental units. Appraised value TBA ( 808) Lot of land situate on the Northern side o f Delancy Street with newly constructed 2-1/2 s torey ofce building. Property size is approx. 4 ,938 sq. ft. Appraised value $992,000.(501)Lot of land with rental complex situated in Union Village Nassau, Bahamas. Appraised valued $50,000.( 569)Lot of land situate on the Southern side o f Martin St and containing thereon a triplex ( 2) 2bed 1 bath units and (1) 1bed 1 bth unit a nd a duplex (2. Property is 7 ,245 sq.ft. Appraised value: TBA (569Lot of land referred to as Lot #1 in the immediate vicinity of Golden Gates #1, which is located on the western side of Mutton Fish Drive approx 970 ft south of Bird Road in the Southern District of New Providence. Property contains thereon a Car Wash Shed-571 sq ft, ofce(Beauty Salon)-204 sq ft, Restaurant and B ar Bldg 1,490 sq ft. Total property is approx. 5 ,000sq ft. Appraised value TBA(573) Lot of land situate in the Southwestern District of the Island of New providence and be-ing Lot #13 of the Subdivision called and known as Sunshine Park Estates.containing thereon a 60 x 30 foundation for a duplex. Property is 5,000 sq.ft. Appraised value $65,000.(571Lot of land being Lot #6 situate in Gar-d en Hills #2 Subdivision in the Southern Dis-t rict of the Island of New Providence and con-t aining thereon a partially completed shopping p laza which measures 8,960.sq.ft Property size i s 17,000 sq.ft. Appraised value $448,000.(571)Lot of land situated in Boughton Estates located immediately south of Southern Heights Subdiv. And north of Cowpen Rd. and contain-ing thereon an incompleted duplex bldg. Prop. Is 8,737 sq.ft. bldg is 1,740 sq.ft. Appraised value $ 131,000.( 572)Lot of land situate in the Eastern District o f New Providence being Lot #4 Wulff Road and c ontaining thereon an ofce building. Property is 4,500 sq. ft (50 x 90ppraised value TBA (571Lot of land being referred to as Parcels A & B situated on corners of Nassau Street and Polhemus Street and containing thereon a single storey concrete church building approx 1,868 sq.ft. Property is 10,071 sq.ft. Appraised value. $217,960. ( 725) Lot of land referred to as Lot #3 Block #1 in Churchill Subdivision 100 feet North of Soldier Rd in the Eastern District of the Island of New Providence and containing thereon a concrete Triplex apartment building. Property is 4,750 sq.ft. Appraised value TBA.(801) All that piece, parcel or lot of land con-taining approx 35,957 sq ft, located on the South-ern Side of Bernard Road, approx 500 feet West o f St. Augustine College Entrance. The property c ontains two concrete block structures and a w ooden work shed, which houses a tyre and au-t omobile repair shop. Appraised value $490,478. (572)Lot of land being Lots #14 and # 15 Block #3 in Shirley Heights Subdivision on the north-ern side of Winchester Street and containing a business ofce and warehouse building. Prop-erty is 15,797 sq ft. Appraised value TBA572)Lot of land being Lot # 12 on the Northern s ide of Poinciana Drive and containing thereon a two-storey building. Appraised value TBA FREEPORT (008Single Story tri-plex building, one 2 b edrooms and two 1-bedroom located on a multi-family Lot No.4, block 3, Shirley Lane, section 1, Bahama Reef Yacht & Country Club Subdivision, Freeport Grand Bahama. Property size is approx. 16,621 sq. feet. Appraised value $348,000. (103All that piece parcel of lot of land and improvements thereon known as No.3 block 31 Bahamia Marina & Section IX located in south-w estern city of Freeport Grand Bahama Island. A pprox. 13,070 sq.ft. or 0.30 acres property con-t ains duplex dwelling.Appraised value $300,000.(101-F) Residential Canal Lots 30, 31 & 32, Block 1, Pine Bay Subdivision Freeport, Grand Baha-ma, containing two storey House, 4 bed, 3 baths S ituated on 1.62 Acres of land. Appraised value $1,372,200 NEW PROVIDENCE (801Vacant property located 40 ft. east of Balls Alley on the northern side of East Shirley Street and known as Old Plantation Inn, in the eastern district of New Providence. Property size 7 ,113 sq.ft. with open zoning. Appraised value $ 128,000. ( 801) Three single-family/multi-family residential vacant parcels of land being Lots # 10, 11 & 12 situated on the Southern side of FireTrail Road in the Western District of New Provi-dence. Property sizes are Lot #10 8,967 sq. ft., Lot #11 9,015 sq.ft., and Lot#12 6,774 sq.ft. Appraised value: $85,000 for each lot. (801Vacant Lot No. 1A, located on the east-e rn side of Fox Hill Rd., 235 feet north of Prince C harles Drive, Nassau, Bahamas. The open zoning/multi-family property size is approx. 10,322.05 sq.ft Appraised value $150,000.(569)Lot of land in the subdivision called and known as EASTERN ESTATES in the Eastern District of the Island of New Providence being Lot Number 14 in Block Number 9. property is approx 7,044 sq.ft. Appraised Value TBA. (569All that piece parcel or lot of land being Lot No. 977 in the Subdivision called and known as PINEWOOD GARDENS situated in the Southern District of the Island New Providence. Appraised value $65,000.(569)All that piece parcel or lot of land located o n Marigold Road in the Subdivision known as Kool Acres. Lot is approx. 7145 sq. ft. Appraised value $93,000. (569Vacant lot single/family zoning. Lot # 21 of the subdivision called Southern Shores / Canaan Subdivision located on Marshall Road. Property size is some 67.86 feet on the sub road and 84.49 on one side, 55.21 at the back and some 85.61 on the other side of 5,475 sq ft of land space. Appraised value $86,000(569) Undeveloped lots # 4A, 16, 17, 18 and 19 located Chapman Estates, West Bay. Appraised value $348,000. (569 that piece parcel or lot of land being Lot #11 of the Lee Acres subdivision situate in the vicinity of Sandilands Village in the Eastern District of the Island of New Providence. Appraised Value TBA.(569 that piece parcel or lot of land num-bered Lot #3 being a portion of Lot #24 Crown Grant A8.44 situate Road off Carmichael Road i n the Southern District of the Island of New Providence. Property is 5075 sq ft. Appraised value $50,000. (569All that piece parcel or lot of land situated on the northwest corner of Butlers Lane & Romer Street, Fox Hill in the Eastern District o f New Providence. Appraised value. $57,000.(723 that piece parcel or lot of land being Lot # 5 in Block #9 in the Subdivision known as Millar Heights situate in the Western District of t he Island of New Providence. Property is 75 x 1 00 approx 7,500 sq.ft. Appraised value TBA. ( 569)All that piece parcel or lot of land locatedCoral Heights East. Appraised value. TBA.(570)All that piece parcel or lot of land known as Lot # 5 being a portion of a larger tract of land known as Lot # 11 of Southern Shores Subdivision situate in the Southern District of the I sland of New Providence. Property is 62.22 x 1 09.29 approx 7,019 sq.feet. Appraised Value $80,000. ( 569)Lot of land being Lot #5 in block #5 in the Subdivision called and known as Baillou Dale situated in the Southern District in the Island o f New Providence, Bahamas. Appraised value TBA.(569 that piece parcel or lot of land being Lot #5 of the Forest Drive Subdivision situated South of Camperdown Drive and approx.300 ft.West of Culberts Hill Drive located in the East-ern District of the Island of New Providence. Property is 15,681 sq.ft. and is hill top. Appraised value $201,000.00. (569Lot of land being Lot #21 Grantanna Subdivision situate in the Western District of the Island of New Providence in the Common-wealth of the Bahamas. Property is approx 6,505 sq.ft Appraised value $80,000. (571Lot of land being a portion of Lot #5 of block E situated in Garden Hills Subdivision in the Southern District of the Island of New Providence. Property is vacant and measures 9,406 sq ft. Appraised Val $312,000.(571)Lot of land being Lot #24 in a Subdivision known as and called RhodasVineyard situate i n the Southwestern District of New Providence. P rop. is 7,256 sq.ft. Appraised value $90,700. ( 569) Lot of land having an area of 7000 sq.ft. b eing Lot #12 Yamacraw Beach Estates in the eastern district of New Providence. From the intersection of Fox Hill Rd and Yamacraw Hill Rd turn onto Yamacraw Hill Road, take the rst corner on the right take the rst left and prop-e rty is second property on the right. Appraised value$91,000. ( 569) Lot #2 situated on the western side of G olden Isles Road South of Carmichael Rd. in the Western District of New Providence. Appraised value $65,000.00.(569)Lot of land situate off Cowpen Road and bounded by Silver Gates Subdivision measur-ing 90 x 110 and zoned multi-family. Appraised value $118,000. (565Western District of the Island of New Providence being Lot# 1B of Coral Harbour Village Subdivision. prop-erty is 25 sq.ft x 70 sq.ft. Appraised value TBA.( 008) All that piece parcel of land lot #5 & 6 in the Nassau Village Subdivision situated in the Holy Cross Constituency in the Eastern District i n the island of New Providence. Containing a single family concrete dwelling. Appraised value TBA. (570Lot of land being Lot # 15 Block #17 on the Eastern side of West Avenue located in MillersHeights Subdivision. Property is zoned multi-family and is 75 x 100 (7,500 sq.ft.). Appraised value TBA FREEPORT(801) Vacant property located Bahamia South. Block 16 lot 9A, Freeport, Grand Bahama con-sisting of 24,829.20 sq.ft. Appraised value 52,000.(802Vacant Commercial Lot No: 3A, Block 60 Bahamia Subdivision VI containing 3 acres located Freeport, Grand Bahama. Appraised Value $463,914.(108) Vacant Single Family Lot #5 Block F Ba-hamia South Sub, Freeport, Grand Bahama.Ap-praised value $35,700.(569) Undeveloped lot #149. Seafan Lane, Lu-cayan Beach Subdivision. Grand Bahama, 18750 s quare feet. Appraised value: TBA (569Vacant land Lot #8, Block #19 at Baham ia West Sub Division (Port Area) of Freeport, G rand Bahama Property size approx 25,500 sq ft. Appraised value $65,000. ( 569) All that piece parcel or lot of land being Lot #1, Block N situated in Bahamia South Sub-division, Freeport, Grand Bahama. Appraised value $30,000. (571Lot 89, Block 7 Aberdeen Drive, Bahamia West Replat Subdivision, Freeport, Grand Bahama, consisting of 12,100 sq ft. Appraised value $51,000.(569Vacant property consisting of Lot #894 s ituated in the Freeport Ridge Subdivision, Sec-tion #1, Freeport, Grand Bahama, Bahamas. Ap-praised value : TBA( 571)Lot of land being number ten (10lock Number Three (3ristol Bay Subdivision, Unit One (1reeport in the island of Grand Bahama, Bahamas. Property is approx 0 .42 acre. Appraised value $55,000. (811Vacant Lot of land located West End Grand Bahama containing 8581 square feet or .20 acres situated in Ginn Sur Mer subdivision, in the island of Grand Bahama. Appraised value: $575,000.00. ( 811) Vacant lot of land #476, Versailles Sur Mer Club & Resort, West End Plat No. 3 subdivision, on the island of Grand Bahama, Bahamas. Appraised value $560,000. (910)Lot #16, Unit 5, Block 22 Clearwater Cove, Lincoln Green Subdivision Grand Bahama, resi-dential property. Appraised value: TBA. (565ueens Cove Subdivision on the Island of Grand Bahama, one of the Islands of the Commonwealth of the Bahamas and being Lot #24 in Block 19, Section 1. Lot is 75 sq ft x 125 sq.ft. Appraised value TBA.NASSAU MAIN BRANCH Tel: 242-322-8700 (701. James Strachan (301. Thyra Johnson (304. Alicia Thompson MACKEY STREETBRANCH Tel: 242-393-3097 (601. Nicole Evans JOHN F. KENNEDY DRIVE BRANCH Tel: 242-325-4711 (401. Robert Pantry PARADISE ISLAND BRANCH Telephone: 242-363-1404 (550. Cherelle Martinborough PRINCE CHARLES SHOPPING CENTRE Tel: 242-393-7505/8 (501. Nicola Walker (505. Patricia Russell CABLE BEACH BRANCH Tel: 242-327-6077 (466. Derek Sturrup LOAN COLLECTION CENTRE Tel: 242-502-5170/502-5180 (716. Quincy Fisher (717. Nancy Swaby (723. Deidre King (725. Marguerite Johnson (565. Catherine Davis (569. Vanessa Scott (570. Elton Kemp (571. Faye Daniels (572. Ryan Brown (573. Annisha Wilson NASSAU INTL AIRPORT Tel: 242-377-7179 (433. Renea Walkine LYFORD CAYBRANCH Tel: 242-362-4540 or 242-362-4037 (101-N. Lindsey Peterson GOVERNORS HARBOUR, ELEUTHERA Tel: 242-332-2856/8 (902. Evette Burrows HARBOUR ISLAND BRANCH Tel:242-333-2230 (901. Velderine Laroda ANDROS TOWN BRANCH Tel: 242-368-2071 (400. Bianca Simms MARSH HARBOUR, ABACO Tel: 242-367-2420 (908. Julius Seymour (909. Sylvia Poitier (910ermit Curry BIMINI BRANCH Tel:242-347-3031 (105. Italia Beckford GRAYS, LONG ISLAND Tel: 242-337-0101 (100. Lucy Wells EXUMA BRANCH Tel: 242-336-3251 (008. Joycelyn Mackey FREEPORT, MAIN BRANCH Tel: 242-352-6631/2 (101-F. Garnell Frith (102. Elaine Collie (103. Damita Newbold-Cartwright (108. Sylvie Carey SPANISH WELLS Tel: 242-333-4131 or 242-333-4145 (560. Walter Carey JEROME Gomez, the PLPs candidate for Killarney, told a radio audience that persons with a n ew vision are needed to h elp bring about change in t he country's political landscape. Speaking as a guest last week on the talk-show Jeffrey, Mr Gomez said: We have the concept that m ore young people should get into politics. I believe it should be m ore new people. There has to be a changing of the landscape now. We need a new vision, we need some new blood, whether it is old or young but we have got to change t he direction we are going i n this country to make it a b etter place," Mr Gomez s aid. R egarding the Progress ive Liberal Party, Mr Gomez said: I believe the party still believes in help ing those who are downtrodden. I believe it has some things it needs to fix, however, but I think it still h as its focus on achieving empowerment of people. On the issue of the part y rebranding its image Mr G omez said: "The party c an only do that through zero tolerance for any-t hing corrupt and any per c eption of corruption. For someone who is going in public life youh ave to put yourself out there to be criticised and people expect a higher standard from you. So, as soon as you b reach that trust I think you ought to be made tor esign your post and the p arty should put the pres sure on you to do so. We as a party have to resort to a zero tolerancet owards corruption and any form of conflict of interest for people to see change." Regarding criticism of party leader Perry Christie's ability to leada nd be decisive, Mr G omez said: "Its unfortunate that Mr Christie has let it stick to him. He has a good and c lear mind, he has a vision f or the Bahamas." H owever, Mr Gomez said that while he does see some disharmony in thep arty, he believes it can be fixed. "We have to accept the fact that we will pull together our ranks, line up behind our leadership and move forward in this next general election. Everybody wants to lead, everybody believes its their time now. That'st he thing with politics," Mr Gomez said. Mr Gomez also noted that young Bahamianso ften feel as though their o pinion does not count. "We need some active way of young people beinga ble to express their views," Mr Gomez said. He also noted that many Bahamians are beginningt o feel like second class citizens, losing out on their share of the economic pie. We must build them upt o feel this country is for them and that the opportunities are for them first," he said. PLP candidate says people with new vision are needed in politics P LPCANDIDATE Jerome Gomez By MIKE LIGHTBOURN WHATS the first question you ask yourself when youre ready to buy a home or a property? It should be, How much can I afford? Without that crucial piece of information, you cant even begin your search. Figure your monthly income and debt payments and determine how much you can put down. Now, apply for preapproval from a number of our local lenders, to shop for the best interest rate and terms. Generally, the interest rate is fixed and is adjusted up or down depending on the Bahamian prime rate. Now, what do you want out of your new purchase? Do you want to be close to town, close to where you work, east, west, south, single family home, condo, vacant property, etc? Now that youve figured out what youre looking for and what you can afford, locate the general or specific neighbourhoods that satisfy your requirements. Your BREA real estate agent can help you further in answering your questions. Find your BREA agent through referrals or an interview to get the right chemistry. You can browse listings online, but your agent should be able to provide a list of suitable properties quickly if they are available. Make appointments with your agent to go to the next steps. My upcoming column will guide you through the next steps! (Mike Lightbourn is president of Coldwell Banker Lightbourn Realty) REALESTATE: Start at the beginning

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C ARIBBEAN NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 11 HOUSES/APARTMENTS/COMMERCIAL BUILDINGS VACANT PROPERTIESOFFICERSPROPERTIES LISTED FOR SALEContact Account Ofcer listed below by using number code for each property.COMMERCIAL BANKING CENTRE Tel: 242-356-8568 (800. Monique Crawford (801. Jerome Pinder (802. Brian Knowles (803. Vandyke Pratt (804. Hope Sealey (805. Tiffany Simms Obrien (806. Lois Hollis (807. Lester Cox (808. DaShann Clare-Paul (811. Lydia Rahming PALMDALE SHOPPING CENTRE Tel: 242-322-4426/9 or 242-302-3800 (201. Patrice Ritchie NASSAU MAIN BRANCH Tel: 242-322-8700 (701. James Strachan (301. Thyra Johnson (304. Alicia Thompson MACKEY STREETBRANCH Tel: 242-393-3097 (601. Nicole Evans JOHN F. KENNEDY DRIVE BRANCH Tel: 242-325-4711 (401. Robert Pantry PARADISE ISLAND BRANCH Telephone: 242-363-1404 (550. Cherelle Martinborough PRINCE CHARLES SHOPPING CENTRE Tel: 242-393-7505/8 (501. Nicola Walker (505. Patricia Russell CABLE BEACH BRANCH Tel: 242-327-6077 (466. Derek Sturrup LOAN COLLECTION CENTRE Tel: 242-502-5170/502-5180 (716. Quincy Fisher (717. Nancy Swaby (723. Deidre King (725. Marguerite Johnson (565. Catherine Davis (569. Vanessa Scott (570. Elton Kemp (571. Faye Daniels (572. Ryan Brown (573. Annisha Wilson NASSAU INTL AIRPORT Tel: 242-377-7179 (433. Renea Walkine LYFORD CAYBRANCH Tel: 242-362-4540 or 242-362-4037 (101-N. Lindsey Peterson GOVERNORS HARBOUR, ELEUTHERA Tel: 242-332-2856/8 (902. Evette Burrows HARBOUR ISLAND BRANCH Tel:242-333-2230 (901. Velderine Laroda ANDROS TOWN BRANCH Tel: 242-368-2071 (400. Bianca Simms MARSH HARBOUR, ABACO Tel: 242-367-2420 (908. Julius Seymour (909. Sylvia Poitier (910ermit CurryEXUMA( 008)Lot #4742 Bahama Sound of Exuma No.6 a subdivision of land situate at the southeastern portion of The Forest Estate near Southside and T he Forest Great Exuma. Property size 10,000 sq ft. Building size 2400 sq ft. Consisting of 21 bedroom and bath unit and 1-2 bedrooms bath unit. Appraised value $219,200. ( 569) Lot # 14867 Bahama Sound Exuma i s located about 10 miles northwest of George Town Exuma and about 1 mile south of Emer-a ld Bay,The Four Seasons Resort and Rokers Point. Located Mt. Thompson and FarmersH ill. The property is 10,000 sq ft in area with 80 ft frontage on Queens Highway; the main r oad. The property contains a partially com-p leted apartment complex with ve, 1 bedroom units, 4 efciency units and 1 shop space. Ap-p raised value $488,240.(008) Property containing 3 beds 1-bath home c onstructed of concrete blocks located Moss T own and number 18 in The Department of H ousing Subdivision, Moss Town Exuma Bahamas. Property Size 7853. Appraised Value$ 1 31,800.( 008) Property containing 6 Units 1-bed 1-bath apartment units to First Floor Belt Course. Par-t ially developed properties. All those piece or l ots of land being Lot # 1679 and 1680 Bahama S ound Subdivision, Exuma Number 3, Great E xuma. Properties Size: 10,000 sq ft each. Appraised Value $205,000. ( 008) Partially developed property located Golf Boulevard, lot# 20, Flamingo Bay Estates n ear George Town, Exuma, Bahamas. The land is 25,017 square feet and being developed with a two storey apartment complex with a living a rea of 1770 square feet. The building is com-pleted to the rst oor beltcourse and all elec-t rical, plumbing and other rough work have been completed on the ground oor. Appraised v alue $100,050.(008) Developed property located lots #11165 & 11166, Bahama Sound #8, Great Exuma. The l and is 7,200 square feet containing duplex with a building area of 1,706 square feet with (1b ed/2bath unit and (1 Appraised value $185,376.( 008) Developed property located lot#9786, B ahama Sound #9 situated at the northwestern portion of the Forest Estate in he vicinity o f the settlements of Mount Thompson and Farmers Hill and ten miles south northwest of G eorge Town, Great Exuma. The land is 10,000 square feet developed with a single family resid ence with 1300 square feet of living area, con-t aining three bedrooms, and two bathrooms. The building is constructed of hardi-siding. A ppraised value $154,000. (008Lot located about 10.5 miles northw est of George Town, Bahama Sound #8 East lot#6647, a subdivision of land situated at the northeastern portion of The Forest Estate, in t he vicinity of Mt. Thompson and Farmers Hill, G reat Exuma, Bahamas. Site contains 10,000 sq ft and is developed with a duplex apartment, containing 2-bed, 1-bath apartments. 2,160 sq ft living area of hardiplank construction. Appraised value $198,000.( 008)Lot of land #12975, #14 Bahama Sound, Exuma (situated about 1-5/8 miles southeast-wardly of George Town). Containing Hardiplank building consisting of a triplex partial complete 2-1 bedrooms 1 bath and 1-bed 1 bath units. B uilding size 2160 sq ft. Lot size 10,000 sq ft. A ppraised value $180,000.( 008)Lot # B-5707 situated approximately 11 m iles north west of the settlement of George Town, Bahama Sound No. 7 east. Located between the settlements of Mt. Thompson and t he forest, Great Exuma, Bahamas. Containing a triplex of two-1-bed 1-bath units and one 2 b edrooms 1-bath unit. Building size 1705 sq f t. Property size 4,000 sq ft. Appraised value $ 216,980. (008Lot No. 9800, Bahama Sound No. 9, a s ubdivision of land situate at the northeastern portion of the Forest Estate in the vicinity o f the settlement of Mt. Thompson and the F orest, Great Exuma, Bahamas. Containing a t riplex. Building size 2492 sq ft. Property size 10,000 sq ft. Appraised value 336,500. ( 008) All that piece of parcel of lots of land b eing Lot No. 6226, Bahama Sound No. 7 East a subdivision of land situate at the eastern portion o f the Forest Estate in the vicinity of Southside a nd Forest, Great Exuma, Bahamas. Property s ize 10,000 sq ft. Containing a duplex. Buildi ng size 1152 sq ft Appraised value $186,320. ( 571) Lot of land being Lot #6582 Bahama S ound #8 East situate at the northeastern por-tion of The Forest Estate, Exuma in the vic inity of Mt. Thompson and Farmers Hill and c ontaining thereon a duplex (2bed 1 bth each side) Bldg is 1,800 sq.ft. property is 10,000 sq.ft. A ppr. val. $260,000.00.(008)All that piece parcel or lot #6108 & 6109 o f Bahama Sound # 7 East situated 10 1/2 miles N orthwestwardly of the settlement of George T own, Great Exuma. Containing a 1,680 square f oot single storey hardy plank duplex, with (22 bedroom, 2 bathroom units. Appraised value $ 214,800.00. (008Lot of land being lot #243 in Section # 2, Little Exuma 10,000 square foot. Contain-i ng a 753 square foot single family home con-s tructed of concrete slab and T-1 Eleven sides w ith 2 bedroom/1 bathroom. Appraised value $107,344.( 008)All that piece parcel or lot #7794, Calab Drive, Bahama Sound #11, 3 1/2 miles south o f George Town, Great Exuma. Containing a 1,800 square foot single storey concrete duplex, with (2oom, 1 bathroom units. Appraised value$157,956. ( 008) Lot of land being lot#18 Section #11 N ortheast Flamingo Bay, Great Exuma 11,396 square foot single and multi family residential l ot partially developed with a 1,000 square foot foundation. Appraised value $101,000.00. ELEUTHERA( 902)Lot of land 94 x 94 x 150 x 150 on Queens Highway just south of Palmetto Point Eleuthera w ith a two storey stone building containing two apartments. Each unit has 3 bed/2 1/2 bath, k itchen, living room and 3 linen closets. App raised value $287,209. (901Lot #32 containing 4 bedroom 2bath c oncrete structure located Triana Shores Har-bour Island, Eleuthera. Property size 80 x 120 x 80 120 ft Appraised valued at $ 332,735. ( 901) Lot # 57 block # Trianna Shores, Har-bour Island Eleuthera containing 3 bed 2 bath f ront room, dining room, & kitchenconcrete structure, 1926.40 sq. ft wooden deck 321.60 s q.ft. property 9600 sq. ft. appraised value $448,645. ( 901) Lot K B arrack Street, Harbour Island containing a 2 storey concrete building with 4 bed 4 bath, dining room & kitchen -Building 2934.56 sq. ft. property 6563 sq. ft. appraised value $479,228. ( 902) Registered Legal Mortgage over Lot #6A Banana Beach, Governors Harbour, Eleuthera with a triplex foundation Appraised Value $ 105,000 (560) Tract of land located The Bluff Eleuthera, overlooking the beautiful Bluff Harbour. Prop-erty contains four parcels of land with a total area of approximately 151,528 sq ft. Property is ideal for a waterfront development. Contains a t ri-plex condominium under construction up t o belt-course and a private dock. Appraised v alue $1,118,000.(902) Lot 6A North Palmetto Point Eleuthera c ontaining a 2bed/1bath residence with ad-j ourning incomplete apartment. Property size 8 ,500 sq. ft; building size oor area 1,639.08 + c overed porch. Appraised Value $188,740. ( 902) Lot # 54, Lower Bogue, Eleuthera con-taining 2-bed/1 bath duplex, property size 7,500 s q ft. Appraised value $146,437 ( 902)Lot # CA 1, Palmetto Shores, South Pal-metto Point, Eleuthera, containing 3-storey 4 b edroom 3 bath house approx. 3,336 sq ft liv-i ng space; property size 11,868 sq ft. Appraised v alue $230,000 ( 902)Lot south of Palmetto Point on the main Eleuthera Highway, Eleuthera, Bahamas con-t aining a 2 bed, 1 bath duplex unit with gross oor area 1,457.84 each. Property size 1.115 a cres. Appraised value $212,667. ( 901) Lots # 12E and 13W of Johnsons Har-bour View Estates Subdivision Harbour Island E leuthera, with a duplex 2 bedrooms, 1 bath each. Appraisal TBA. S PANISH WELLS (560Lot of land # 2 Sea View Subdivision, R ussell Island adjacent to the settlement of S panish Wells. Property size 11,323 sq. ft, build-ing size 2236 sq. ft. containing 3 bedrooms, 2 b ath, living room, an eat-in kitchen, dining room, laundry room, covered porch, a one car g arage, and a covered water tank. Appraised value $299,000 (560Lot of land in Spanish Wells located b etween 8th and 9th street near The Islander Shop. Property size 3,654 sq. ft. Building (wood-e n structure) size 1370 sq. ft. containing 3 bed-rooms, 2 bath, front room/dining room and k itchen, House is in good condition. Proper landscaping with poured concrete driveways & walkway. Appraised value $155,000.00.( 560) Lot numbers 1 and 2 of a tract of seven parcels between Harbour Road and the Main P ublic Road near 22nd Street Spanish Wells Bahamas. Property size 12,428 sq. ft. Buildi ng size 4516 sq. ft. containing 3 bed, 2 bath, l iving room, an eat-in kitchen, laundry room, covered porch, and a covered water tank. Base-m ent offers a garage, work-shop, play room and small ofce area. House is in excellent condi-t ion Proper landscaping with poured concrete driveways & walkway. Appraised value $555,179.( 560) Lot of land having the number Two (2o f the Subdivision called and known as Ocean Estates, Russell Island, Spanish Wells. Proper-t y size 12,179 sq. ft, building size 1976 sq. ft. Building is constructed of lumber and hardy p lank, containing 3 bedrooms, 2 bath, living room, an eat-in kitchen, dining room, utility r oom, covered porch, and covered water tank. L andscaped with poured concrete driveway & walkway. Appraised value $455,190 ( 560) Lot of land on Russell Island, Spanish Wells. Property size 13,446 sq. ft, building s ize 3074 sq. ft. containing 3 bedrooms, 2 bath, an eat-in kitchen, living/dining room, utility room, laundry room, covered porch, covered d riveway and a two car garage. Also contains a 30,000 gallon rainwater tank. Appraised value $ 460,780 (560Lot #27 in a subdivision of 8 parcels s ituated immediately east of Ocean Heights Subdivision, Russell Island, Spanish Wells. Prop-erty size 12,500 sq.ft. Building size 1820 sq ft. c ontaining 2 bedrooms, 2 bathrooms, an eat-in k itchen, living/dining room, laundry room and a one car garage. Covered front entryway an o bservation deck and a patio. The house is in e xcellent condition. Appraised value $314,000(560Lot of land being lot #1, Sea View Sub-division, Russell Island, Spanish Wells. Property size 11, 284 sq.ft, Building size 2,485 sq ft. containing 3 bed, 2 bath, an eat-in kitchen, l iving room, dining room and laundry room plus one car garage, covered front porch/ent ryway and a rear patio/water tank. Properly landscaped, with poured concrete driveway a nd walkway. Appraised value $375,000.( 560)Lot of land 1520 feet west of the govern-ment dock at Muddy Hole, Russell Island, Span-ish Wells. Property size 17,083 sq. ft. Building s ize 2426 sq ft. containing 3 bedrooms, 2 1/2 b athrooms, front room/ dining room, kitch-e n, garage and covered front porch. Appraised v alue $347,000. (560Lot on 30th Street Spanish Wells, Ba-hamas. Property size 6,500 sq. ft, building size 1 800 sq. ft. containing 3 bedrooms, 2 bath, living room, kitchen, laundry room, covered porch, a nd a covered water tank. House is in good c ondition, proper landscaping with poured con-c rete driveways & walkway. Appraised value $ 272,000. ANDROS ( 400) Property in Calabash Bay, Andros. 75 x 150 with a small grocery store 480 sq. ft. and a n incomplete 3 bed 2 bath house 900 sq. ft. A ppraised value $65,000. (400)Lot #14 Love Hill, Andros totalling 20,000 s q. ft. Property contains a two storey 5-bed, 3-bath residence. Appraised value $185,000.( 400)Lot is situated Queens Highway in Cargill Creek, Andros, totalling 30,000 sq ft. Property c ontains one completed building 2 bedroom, 2 bath 1,200 sq feet, and two under construction.. Appraised value $324,502.( 401)Lots # 17 & #18 Crown Allotments, Love Hill Settlement, Andros. Containing a two-sto-r ey res. Appraised Value $100,000.( 400)Lot is situated in Coakley Bight, Behring Point Andros totalling 30,339sq ft. Property con-t ains a split level 3-bed 2-bath 2,386 sq ft house. Appraised value $196,253 ( 400) Lot #16 is situated in Marina Ridge in the settlement of Fresh Creek Andros, totalling 1 6,200 sq ft. Property contains a one bedroom o ne bath house 840 sq ft. Appraised value $90,280( 400)Lot of land containing 22,702 sq ft in the settlement of Davis Creek, Fresh Creek Town A rea, Central Andros Island, containing thereon a building 3030 sq ft. which house a ve unit a partment complex. Appraised value $195,322.( 565) Lot west of the Coastal Water front and east of Queens Highway directly oppos ite Harold Road the location of the National Insurance Sub-Ofce at the Bluff Settlement of S outh Andros and containing thereon a 2-bed 1 -bath residence. Property size (63 x 75 p rox 4,725 sq.ft. Appraised value $75,000. ABACO ( 910) Lot #12 Madeira Park, a small sub-division on the outskirts of Treasure Cay, Abac o with a 9,444 sq ft concrete block residence w ith asphalt shingle roof 3-bed, 2-bath, family room, living room, dining room, and kitchen. A ppraised value : $147,000.(908)Lot# 52 Crown Allotments located Mur-phy Town, Abaco with size being 10,200 sq ft. C ontaining a one storey house with 4 bed/2 bath Concrete Block Structure Appraised v alue .$200,000.00 (908Lot# 23 located in the Subdivision of S pring City, Abaco with size being 8,925 sq ft. C ontaining a one storey wooden structure house with 3 bed/1 bath of 7985 sq ft. Appraised value $ 60,000 (909Lot #24, Dundas Town, Abaco known a s Lot #24C, containing 8,914 sq ft containing a duplex with a 3 bed 2 bath unit and a 2 bed 1 bath unit taking up a total of 2,040 square feet. Appraised value: $181,028( 909) Lot # 2, comprising a portion of Com-m ercial Parcel Lot A, situate near the settlement of Murphy Town, on the island of Abaco, con-t aining 14,725 square feet with wooden dup lex with a 3 bed 2.5 bath and a 2 bed 1 bath rental unit, with v-joint ceilings and central air-conditioning. Appraised value $320,000 (909Lot #46, being a portion of the Murp hy Town Crown Allotments on the island of A baco, measuring 6,483 square feet contain-i ng a duplex with 2 beds and 1.5 baths for each u nit. Appraised value at $222,463.00 ( 909) Lot 356 H, situate in the settlement of M urphy Town on the island of Abaco, measur-ing 7,631 square feet containing a triplex that has two 2 bed 1 baths and a 1 bed 1 bath. App raise value TBA. (909Lot of land situate in the settlement o f Dundas Town comprising a portion of Lot # 11 of the Dundas Town Crown Allotments on the island of Abaco, containing residence. Ap-p raised value TBA( 909)Lots of land containing 10,178 sq ft and 10,176 sq ft, being a part of Murphy Town Crown A llotment No. 70 situate in the Settlement of Murphy Town Abaco, containing a duplex. V alue $243,000( 909)Lot #59, Central Pines Subdivision, south o f Dundas Town, west of Marsh Harbour 80 f eet by 140 feet containing a 1,404 square feet house comprising of 3 bedrooms and 2 bathr ooms, kitchen living and dining area. Appraised value TBA ( 909) Lot #56 located Murphy Town Allotments with dimensions of 109 square feet by 1 09 square feet containing a duplex with an a rea of 1,456 square feet and each unit having two bedrooms on bathroom living and kitchen a rea. Appraised value 155,000.00 (909Lot #22, situate on the northern side o f S C Bootle highway an d approximately ve hundred and fty-eight feet southwesterly from N ew Hope Baptist Church in the settlement of M ount Hope, on the island of Abaco, contain-ing a residence comprised of 1,500 square feet a nd three bedrooms and two bathrooms. Appraised value : $157,500.00 ( 908) Lot #40 being a portion of Dundas Town Crown Allotments containing a 4-plex located Dundus Town, Abaco. Appraised value $ 494,022.00(908) Lot #21 Dundas Town, Abaco contain-i ng a 3 bedrooom 2bath wooden structure. Ap-praised value $130,000. ( 908) Lot #106, Central Pines Estates, Dun-d as Town, Abaco containg a 3bedroom 2bath residence. Appraised value $161,425.00 ( 908) Lot #119 in Section 4 known as Casuarina Point, Abaco containing a 1,614 sq. Ft. r esidence. Appraised value $240,000. (910Lot of land located Man-O-War Cay,A baco, 5,328 square Feet situated near Rugged H ill. Containing 1bed, 1bath with balcony. Appraised value: $418,000.( 910) Parcel of land known as Joes Creek 3.5 miles south of Treasure Cay containing 3.42 acres located at Joes Creek, Abaco. Sea view, L iving area, upper & Lower, Garage/workshop, Carport, 10 ceiling, two sets of stairs, interior & Exterior to ground level, covered porch and Extra large kitchen, 24x 14, with top of the line c upboards. Appraised value: $625,000.00 OTHER FAMILY ISLANDS ( 811) Property containing Condo Milleniu m II, Unit A-101, building 57, Phase 1C, 2 b edrooms, 3 bathrooms, living room, dining r oom, utility closet & patio. Situated in the area known as Bimini Bay Resort, Bimini, Bahamas. A ppraised value $485,000. ( 105)Lot containing 2 story bldg. with three bed, two and a half bath residence, and 30 x 8 6 situated Bailey Town, North Bimini. Appraised value $235,000 (101-FProperty situated Alice Town, The Is-land of North Bimini, being Parcel A measur-ing 9,267 sq. ft. with incomplete 3 storey single f amily home. Appraised value $542,000( 811) Condo Bldg 20-T (TREEHOUSE) in Bi-m ini Bay Condominium phases 1-A(1, Bimini Bay, North Bimini. Unit has 1-bed 1-bath with 1140 sq ft, front porch, balcony and central a/c. Appraised value: $390,000.(811ondominuim Unit Bimini Bay Subdivision, 2 bed, 2 bath Oceanfront unit, 1385 square feet, i ncl patio/balcony located Bimini Bay, North Bimini. Appraised value $419,900 ( 100) Developed property being a portion of a tract of land known as Morleys Tract, corner L ot with a frontage of 149 feet, running 149 ft o n the North boundary and 120 ft on the South b oundary.The property is situated in Lower D eadmans Cay, Long island with home (seven years old) under construction; 30 % complete Appraised value at $57,000 EXUMA (569All that piece parcel or lot of land being Lot No. 102 in the Subdivision known as EXUMA HARBOUR Great Exuma measuring 1 0,000 sq ft. Appraised value $20,000.( 569) All that piece parcel or Lot of land be-i ng Lots #961 and 962 Bahama Sound of Exuma N o.4, a subdivision of land situate at the west-e rn portion of the FOREST Estate in the vicinity of FOREST, Great Exuma, Bahamas. Property i s 20,000 sq ft. Appraised value: $20,000.( 569) Single family residential Lot # 11698 Ba-h ama Sound Subd. #11 West, Great Exuma. Size: a pprox. 10,426 sq ft. Appraised value $15,000.( 569) Single family residential Lot No. 11703 B ahama Sound Subd. Number 11 West, Great Exuma. Size: approx. 10,000 sq.ft. Appraised value $15,000.(008) Vacant lot of land #6592 Bahama Sound, E xuma No 8E, Great Exuma. Property Size 10,000 s q ft. Appraised Value $20,000.( 008) Partially developed parcel of land being 1 0,000 sq.ft. situated about the eastern portion of The Forest Estate in the vicinity of the settle-ments of Southside and The Forest being Lot Number 4803 in Bahama Sound of Exuma 6, Exuma The Bahamas. Appraised value $25,000.( 008) All that piece parcel of lot and land on t he Island of Great Exuma one of the said Bah ama Islands and situate about ten and one-h alf (10 1/2 orthwestwardly of George Town which said piece parcel or lot of land is number 10750 Bahama Sound O.A.E. 10,900 s q ft. Appraised value $65,000.(008) Anundeveloped waterfront lot #12032 s ize 10,600 sq.ft. in the Bahama Sound of Exu-m a Subdivision Number 11 West, Great Exuma, B ahamas. Appraised value $224,000. (008Vacant Residential Property all that p iece parcel or lot of land being lot No. 12903 Bahama Sound No.14 a subdivision of a tract of land situated approximately 1 5/8 miles southeastwardly of George Town, Exuma Bahamas. Property Size 10,000 sq ft. Appraised Value $20,000. (008Vacant Residential Property all that piece of parcel or lot of land being a portion of Lot No. 51, Area 3, Palm Hill Section, Flamingo Bay Estates a subdivision situated im-mediately south of George Town, on the Island of Exuma Bahamas. Property Size 10,206 sq.ft. Appraised value $35,000.00(008)All that piece parcel or lot of land being Lot No. 9773, Bahamas Sound No. 9, a subdivi-sion of land situated a the northern portion of The Forest Estate in the vicinity of the settle-m ent of Mt. Thompson and Farmers Hill, Great E xuma, Bahamas. 11 1/4 miles from George T own. The subject site contains 10,000 sq ft a nd undeveloped. Appraised value of $18,000.( 008) All that piece parcel or lot of land being Lot No. 19726-7 & 19283-4 located Bahama Sound No. 21, on Taxi Way, a subdivision o f land situated at approximately 2000 feet north east of George Town, Old Airport and about 1.5 miles southeast of the settlement o f George Town, Great Exuma, Bahamas. The undeveloped properties are a total of 8,000 sq.ft. Appraised value $32,000. ( 008) Lot #14857, Bahama Sound No. 17, s ubdivision approximately 1/4 mile Southe astwardly of the Southside and 1 mile from M oss Town Airport, Great Exuma, Bahamas, l ocated Morning Glory Road. This partially d eveloped lot contains 9,010 sq ft. Appraised v alue $12,764. ( 008) Vacant property, lot#10948, Bahama Sound #8, situated about the northeastern p ortion of The Forest Estate in the vicinity of t he villages of Mount Thompson and FarmersH ill, Great Exuma, Bahamas. Appraised value: T BA ( 008) Lot No. 1862, located Bahama Sound No. 5 East, a subdivision of land situated at the southeastern portion of The Forest Estate, in the vicinity of the settlements of the Southside and The Forest, Great Exuma, Bahamas. T his undeveloped property contains a total of 1 0,000 sq ft. Appraised value $12,000.( 569)Lot #14872 situated at the northeastern portion of The Forest Estate in the vicinity of the settlements of Mt. Thompson and Farme rs Hill, Great Exuma one of the Bahama Is-lands. Property is 10,000 sq.ft. Appraised value $ 110,000.(569)All that piece parcel or lot of land com-prising of Lot numbers C-9454 & C-9455 situated in a registered Subdivision called and known as Bahama Sound of Exuma Section 12, Exuma. Property is 20,000 sq. ft. Appraised value $170,000. (401Vacant lot of land and being part of a parcel of a tract of land known as Hoopers,Great Exuma. The property is comprise of 8,661 sq. ft. Appraised value $25,000. (008All that piece parcel of land being lot#5101 located Bahama Sound #6, situated about the western portion of The Forest Estate in the vicinity of the Settlements of Southside a nd The Forest, Great Exuma. Appraised value $ 20,000. ( 569) Lots #7531B, #7890R and #7890T Ba-h ama Sound of Exuma No.II Subdivision situ-a te on the Island of Great Exuma, Bahamas. A ppraised value $55,000. ( 008) All that piece parcel of land located lot#8810 in the subdivision known as Bahama S ound #12 situated about 7 miles northwest of G eorge Town, Great Exuma. Appraised value T BA.( 008) Lot No. 3199 situate in the subdivision c alled and known as Bahama Sound of Exuma No.5 on the Island of Great Exuma and Lot No. 6735 situated ten and one half miles northwest of George Town being of Bahama Sound No. 8 east Exuma Bahamas. Both Lots are vacant a nd are 10,000 sq ft in size. Appraised $20,000 & $8,000.( 008) Lot No. B-7429 Bahama Sound No. 11 o f Great Exuma, Bahamas. Property Size 10,000 sq ft. Vacant property. Appraised value $16,800.(008Lot # 4919 Bahama Sound No. 6, Exuma. Property Size 10,000 sq ft. Vacant property. Appraised value $10,000. ( 008) All that piece of parcel or lot of land being lot Nos. 9652 &9653 of Bahama Sound No. 9, Great Exuma situate about 101/2 miles N orthwest of settlement of George Town, Ex-uma, Bahamas. Property Size 10,000 sq ft. Va-cant property. Appraised value $34,000. (008Lot #1202, Bahama Sound No. 3,Exuma. Lot size 10,000 sq ft. Appraised value $9,000. (725outhwardly of the Q ueens Highway near Hoopers Bay having #33 in the Island of Exuma one of the Islands of the C ommonwealth of the Bahamas. Proeprty is 1 3,317sq.ft. Appraised value$35,000. ELEUTHERA (902Vacant Lot #18 Block 33 Section C Rainbow Bay on the island of Eleuthera, Ba-hamas. The property is located in a developed residential subdivision with all amenities. Ap-praised value $35,000. (569)All that piece parcel or lot of land being Lot #5, Block 29A Section C Eleuthera Shores, Eleuthera Island, Bahamas. Appraised value $29,000. (565) Vacant Lot #9 (11,406.65 sq. ft.) situated in Mango Lane Section B Block #15, Eleuthera Island Shores on the Island of Eleuthera. App raised value $50,189.( 565) Vacant lot #5 located Eleuthera Island S hores, Seaside Drive Section B, Block #15, E leuthera, Bahamas. 9,691 sq. ft. Appraised v alue $27,620. ( 902) Lot # 10 comprising 10,546 sq ft situ-a ted on Northeast side of the Queens Highway on the island of Eleuthera approx. Three hun-d redths of a mile Northwest of the Palmetto P oint crossing. Appraised Value $54,600( 569)Lot of land in James Cistern on Eleuthera, B ahamas measuring approx 10,000 sq ft. App raised value TBA ( 569) Lot #3 being a portion of the subdivi-sion of a tract of land located in the village ap-proximately 1.41 miles southeast of Wemyss Bight, Eleuthera, Bahamas and measuring 3.240 a cres (281.27 x 502ppraised value $60,000.A BACO ( 909) Lot # 1, Aunt Pats Bay Subdivision E lbow Cay, Abaco containing 15,549 square feet. Appraised value: TBA(909) Lot #54, in the Hopetown Point Subdi-vision located Hope Town, Elbow Cay Abaco. Appraised value TBA ( 909)Lot of land situate on the Southwestern s ide of S. C. Bootle Highway and approximately 2 miles Northwesterly from the settlement of M urphy Town, on the Island of Abaco contain-i ng 54,905 square feet. Appraised Value: TBA (909)Lot #39, located Central Pines Subdivi-sion containing 12,473 square feet situate south of Dundas Town and west of Marsh Harbour, Abaco. Appraised value: TBA(505Ten acres of land on Woods Cay, Little A baco, between CoopersTown and Cedar Har-b our, Abaco, Bahamas. The property is unde-veloped but has a seaview from both the north and south side. Appraised Value $1,078,750. (909Vacant residential Lot# 63 (7800 sq. ft.) Crown Allotments located Murphy Town, AbacoAppraised value $18,000. (910Lot #14, in block No. 194 residential property situated in Treasure Cay, Abaco. Appraised value $28,000. (910Land and house located at Treasure Cay. Appraised value: $80,000.(910) Developed residential property known as Lot No.3, Block 211, Treasure Cay, Abaco. A ppraised value: $75,000. ( 801) Parcel of Land known as Lot B, con-sisting of 0.306 Acres,Ocean Point,Winding B ay Subdivision, Abaco, Bahamas. Appraised V alue $250,000. ( 801) Parcel of Land known as Lot E, con-s isting of 0.217 Acres,Ocean Point,Winding B ay Subdivision, Abaco, Bahamas. Appraised V alue $300,000. (801Parcel of Land known as Lot G, con-s isting of 0.349 Acres,Ocean Point,Winding B ay Subdivision, Abaco, Bahamas. Appraised V alue $250,000. ( 801) Parcel of Land known as Lot A, con-s isting of 1.103 Acres,Ocean Point,Winding B ay Subdivision, Abaco, Bahamas. Appraised Value $500,000. (801Parcel of Land known as Lot C, con-sisting of 0.321 Acres,Ocean Point,Winding B ay Subdivision, Abaco, Bahamas. Appraised V alue $300,000.( 801) Parcel of Land known as Lot F, consisti ng of 0.381 Acres,Ocean Point,Winding Bay Subdivision, Abaco, Bahamas. Appraised Value $300,000. O THER FAMILY ISLANDS(569)Lot #518 Section 2, Phase III Stella Maris Subdivision, Long Island. Property is 11,700 sq.ft. Appraised value $45,000.(569Vacant land, Lot #184 of Phase 3, Sec-t ion 2 of Stella Maris Sub-Division (11,500 sq.ft.) s ituated at Adderleys, Long Island. Appraised v alue $30,000.(5694.8 acres of vacant land being portion of Lot #68, Flowers Road, Driggs Hill, South Andros. Appraised value $35,000. ( 902) Lot #s 13 & 14 Block 50 Greenwood Estates Subdivision, Cat Island. property size 8,000 sq ft each. Appraised Value $40,000 (560Two vacant properties (Lot 12c 5789 sq.ft and Lot 12d 5231 sq ft) Creek Bay Subdivision, Russell Island Bridge on the northern side of the island, Russell Island, Spanish Wells. These lots are elevated lots that offer outstanding ocean views and a short path to the beach. Appraised value Lot 12c $85,000 and Lot 12d $80,000.(105) Lot of land situate in South Bimini be-ing Lot 11 Block No.2 of the Buccaneer Point Subdivision Bimini Bahamas Appraised Value: TBA BIMINI BRANCH Tel:242-347-3031 (105. Italia Beckford GRAYS, LONG ISLAND Tel: 242-337-0101 (100. Lucy Wells EXUMA BRANCH Tel: 242-336-3251 (008. Joycelyn Mackey FREEPORT, MAIN BRANCH Tel: 242-352-6631/2 (101-F. Garnell Frith (102. Elaine Collie (103. Damita Newbold-Cartwright (108. Sylvie Carey SPANISH WELLS Tel: 242-333-4131 or 242-333-4145 (560. Walter Carey C ARACAS, Venezuela Associated Press SEAN PENNthanked Venezuelan President Hugo Chavez on Saturday for supporting the actor's r elief organization in Haiti, saying the aid has helped its humanitarian w ork in distributing medic ines. Chavez met with Penn at the presidential palace and praised the actor's effortsw ith his J/P Haitian Relief Organization, which was founded in response to thec atastrophic 2010 earthq uake in Haiti. Neither provided details about how much financial assistance Venezuela hasp rovided to the group. The Oscar-winning actor noted that in addition toV enezuela's financial help, his organisation has also received support from the U.S. military. P enn called that ironic, a dding: "We hope that this kind of collaboration can be an example for futurea pproaches to many other issues" in spite of limit ed U.S.-Venezuelan diplom atic contacts. T he U.S. and Venezuela have been without ambas sadors since December, when Chavez formally rejected the White House's nominee for envoy in a diplomatic dispute. The U.S. government revoked the visa of Venezuelan Ambassador Bernardo Alvarez in response. Penn has met four times with Chavez in recent years. Chavez has praised the actor for his critical stance toward U.S. foreign policy. The leftist president said their meeting Saturday was productive in dis cussing "new plans and ideas." "Sean is an activist of the struggles for the world's oppressed peoples, and he's leaving for Haiti right now," Chavez said outside the presidential palace when they emerged from their meeting. ACTORSean Penn at the Miraflores presidential palace. Penn is on a one-day visit to V enezuela to talk with Chavez about his aid work in Haiti. (AP SEAN PENN THANKS HUGO CHAVEZ FOR HAITI AID Shar e your news The Tribune wants to hear fr om people who are making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for improvements in the area or have won an awar d. If so, call us on 3221986 and shar e your story.

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L OCAL NEWS PAGE 12, MONDAY, MARCH 7, 2011 THE TRIBUNE National Drug Council launches its website, programme, exhibition T HE National Drug Councils month of Embracing Drug Prevention E ducation through Dialogue and Partnership got off to a positive start o n March 1 with the launch of the council's website, the launch of a tertiary level demand reduction programme and a mini exhibition in the R oyal Victoria Gardens. S TUDENTS OF URIAH MCPHEE PRIMARY SCHOOL d uring the exhibition in the Royal Victoria G ardens ceremonies to mark the Bahamas National Drug Councils month of "Embracing Drug P revention Education through Dialogue and Partnership". ATTENDING the launch ceremony were (l-r i stry of Health; Valvaria Strachan, chief executive officer, MOH; Vicente Roberts, counsellor at the C ollege of the Bahamas; Ezekiel Munnings, coordinator of the Male Initiative, Maternal and Child Health at the MOH, and Dr Corolyn Hanna. DR BRIDGETTE ROLLE administrator with the Bahamas National Drug Council (left the press conference. At right is Paul Williams, chief financial and revenue officer of the BNDC. A BOVE: S tudents of the Uriah McPhee Primary School listen attentively while seated in the R oyal Victoria Gardens. R IGHT: D R Bridgette Rolle, a dministrator with the Bahamas National Drug Council, giving remarks. Raymond A. Bethel /BIS

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L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 13 PM PAYS TRIBUTE TO BRENVILLE BULLA HANNA P RIME Minister Hubert Ingrahamg ave thanks for the l ife of an extraordin ary man at the f uneral of Brenville Bulla Hanna at St Georges Anglican Church in MontroseA venue on Friday. It is my great privilege as a friend and as a political coll eague, to eulogize a man who has inspired me as he has s o many others, Mr I ngraham said. Bulla had a rare combination of ag entle spirit and s teely nerves. And, even as his kidneys failed him, his heart grew even more expansive, more compassionate, and more loving. Bulla Hanna was a n extraordinary man. While his name m ay never adorn p ublic buildings and monuments, his example is writteni nto the hearts of many and will continue to inspire them any generations that hear his name and of his example. Mr Hanna was a f ormer chairman of t he PLP, founder of the Young Liberals and former FNM candidate for Engler ston. He died peacefully in his home on Feb r uary 22 after a long i llness surrounded by relatives and friends. P RIME MINISTER H ubert Ingraham speaks during the Thanksgiving S ervice for the late Brenville Bulla Hanna Friday March 4, at St Georges Anglican Church. GOVERNOR GENERAL Sir Arthur Foulkes was among the congregants saying farewell to Brenville Bulla Hanna during the service. HUNDREDS OF FRIENDS colleagues and family members crowded into the St Georges Anglican Church Friday to pay their respects for the life of Brenville Bulla Hanna. P a t r i c k H a n n a / B I S

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By CONSTABLE 3011 M AKELLE PINDER C OMPUTERSand the internet expose children to a whole new wonderful w orld. Their education, social life, friends and networking capa-b ilities are endless with the i ncredible amount of information available to them. However, there are dangers when exploring the information highway. There are numerous facel ess criminals who lurk behind their computers looking for targets. They may be slow and quiet or flamboyant and loud b ut all look to exploit innocent victims. D ont let your children become victims. Take steps to protect your family. RULES FOR PARENTS C reate and post clear, sim ple, easy-to-read rules on or near the monitor. Use safeguarding programmes with monitoring orf iltering capabilities. Child oriented web sites m ay not request personal information without a par ents permission. E xplain to children what personal information is and why they should not give it out. Teach children that online friends are strangers and meeting them requires your supervision. K eep the computer in the family room or open area of your home. Have children show you their favourite sites and what they can do online. Talk with children about makes them feel scared, uncomfortable, or confused. Report suspected online stalking or sexual exploitation to the police. Always read a sites privac y policy before giving personal information. V erify a secure connection b efore giving credit-card information. R ULES FOR KIDS O nly use the Internet w hen your parents say its OK. U se good manners and be polite when e-mailing and chatting. Always tell your parents about the people you meeto r talk to on the Internet. Never give out personal information like: address, telephone number or school name. I f you get a strange, mean or upsetting e-mail Dont answer it! Tell a parent or teacher. N ever meet Internet friends without your par ents. Talk with your parents about the sites you visit. D ont send anyone pictures of you or your family. REMEMBER! Education is key to prevention The internet can be a dan gerous place -Protect your children Know your childs internet friends L OCAL NEWS PAGE 14, MONDAY, MARCH 7, 2011 THE TRIBUNE 7$OOHPEHUVIDOHP%DSWLVW&KXUFK &RSHUDWLYH&UHGLWQLRQ/LPLWHG 1HZURYLGHQFH%DKDPDV $QQXDO*HQHUDOHHWLQJ$*0f ,WLVKHUHE\QRWLHGSXUVXDQWWRVHFWLRQ RIWKHFRRSHUDWLYHVRFLHWLHVDFWRI7KH%DKD WKDWWKHDQQXDOJHQHUDOPHHWLQJRI7KH 6DOHP%DSWLVW&RSHUDWLYH&UHGLW8QLRQ/LP LWHGZLOOEHKHOGDW7KH6DOHP%DSWLVW&KXUFK (GXFDWLRQDO%XLOGLQJ7D\ORU6WUHHWRQ7XHVGD\ 7KHSXUSRVHRIWKHPHHWLQJZLOOEHWRUHYLHZ 7KH$XGLWHG)LQDQFLDO6WDWHPHQWVIRU HOHFWLRQRIRIFHUVDQGWRGLVFXVVLPSRUWDQW PDWWHUVSHUWDLQLQJWR7KH&UHGLWQLRQ ,WLVIXUWKHUQRWLHGWKDWWKHUHZLOOEHQRVHFRQG FDOOPHHWLQJ $OOHPEHUV$UHHTXLUHG7$WWHQG 1DWKDQLHO$GGHUOH\ 'LUHFWRUIRFLHWLHV Royal Bahamas Police Force National Crime Prevention Office INTERNET SAFETY

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m ination letters from the hotel.Management has said that the terminations were necessary to keep the hotel open and save the jobs ofa bout 800 workers. According to the last surv ey, the unemployment rate on Grand Bahama was at 17.6 p er cent. Mr Foulkes stated that the government recognizes theh ardships being experienced by families here in Grand B ahama, especially the former employees of Our Lucaya. In an effort to provide i mmediate relief and assist in f inding jobs for the Our Lucaya employees, the Min istry of Labour and Social D evelopment is partnering with the Ministry Youth Sports and Culture, the N ational Insurance Board, S andals Exuma, Bimini Big G ame Resort, the Grand Bahama Christian Council, G rand Bahama Chamber of Commerce and the GB Pastors Forum, he said. M r Foulkes said registrat ion for the One Stop Shop will take place at the Foster B P estaina Hall at the ProCathedral of Christ the King from 9am to 5pm. Persons are asked to bring i dentification, such as a passport or drivers licence, their NIB card, and the letter of t ermination given by the hotel and their hotel ID. Mr Foulkes commended S andals Exuma and Bimini B ig Game Resorts for pro viding employment for those affected workers. H e noted that Sandals Exuma is offering approxi mately 40 jobs and Bimini Big G ame Resort is offering 19 jobs. The minister also said that training opportunities will be a vailable at the Bahamas Technical and Vocation Institute and the College of theB ahamas in a variety of skill sets. Mr Foulkes said the gov ernment will pay for the t uition of those workers who are interested in taking advantage of the programme. Additionally, the governm ent, in conjunction with the private sector, will offer an umber of apprenticeships at the various industrial companies on the island. The minister said these a pprenticeships will run for approximately six months and government will subsidize thes alaries. We are in consultation with major industry partners. I have met with six and they a greed to take on a number of persons to understudy existing operations and technical posi-t ions. Buckeye/BORCO has agreed and if, for example, y ou have a bell man who now wants to do welding he would go to BTVI, and while learning the skill there he will also apprentice at BORCO and be making salary at the same time, he said. M r Foulkes said the laid off workers will be offered unemployment benefit assis-t ance, and other Social Service assistance programmes will be made available to all w ho qualify. T he minister said the unemployment benefit will last for 13 weeks and will starta fter the time when the sev erance packages would have expired. We are attempting to ensure thatthere would be a continuation of income fors everal months and with the a pprentice programme and job opportunity and training programme, we think that willb ring tremendous relief to the families affected by lay-offs, he said. We are very confident that all persons who wish to work we will be able to find alternate employment. It is o nly a question of finding employment they want to have, but there would be jobs available, he said. Minister Foulkes said applications for the Self Starters programme by the Ministry of Youth Sports and Culture also will be available, providing up to $5,000 forp ersons wishing to start their own businesses. He said financial couns elling will be provided by the Grand Bahama Chamber of Commerce and the Grand Bahama Pastors Forum will p rovide spiritual counselling. SEEPAGE16 L OCAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 15 March 20, 2006 of the 2002 murder of 16-year-old Donnell Conover following a trial before then Senior Justice Anita Allen. Conovers partially-burnt body was discovered near a quarry on Cowpen Road on the afternoon of May 1, 2002. According to evidence presented in the case, the cause of death was severe blunt force trauma to the head, resulting in her skull being crushed and part of her skull and brain missing. In October 2008, the Court of Appeal dismissed Tido's appeal against the death sentence and upheld his murder conviction.His attorneys at the time had contended that the Supreme Court verdict was "unsafe and unsatisfactory." In 2009, Minister of National Security Tommy Turnquest advised the Governor General that the case of Maxo Tido was not an appropriate one for the prerogative of mercy to be exercised and that the law should take its course." The gov ernment had planned to read a death warrant to him, howev er, the ministry was subsequently advised by Tido's attorneys that they had been instructed to appeal the conviction and death sentence before the Privy Council. According to the Privy Councils website, the issues to be argued are firstly whether the appellants conviction for mur der is unsafe because the judge permitted a dock identification of the appellant and gave inadequate directions to the jury on identification. The prosecutions case depended on, among other things, the identification of Tido in the dock by a witness, as the man she had seen on the night of the murder telephon ing someone and driving a vehicle like that in which the deceaseds blood was later found. The court will also hear arguments on whether the murder was sufficiently exception al as to call for the death penalty and whether the sentence was flawed by the failure of the judge to obtain a psychiatric report. fell on her late Saturday morning. According to police, the little girl died of her injuries shortly after she was taken to hospital by emergency medical services. M eanwhile, the Harbour Island comm unity grieves the loss of long time Haiti an resident, handyman and father, John Jiles Ferdinand. Mr Ferdinand, 53, was working at the construction site of a two-storey apartment building at Love Lane and Dunmore Street when he fell from a scaffold last Thursday. T he father-of-seven suffered injuries to h is head and upper body as a result of the p lunge, and died of those injuries shortly after he was taken to the local clinic. M r Ferdinand was said to have worked throughout the tiny island as a handyman, always providing for his family. In an interview with The Tribune yesterday, Juanita Percentie of Tingum Village International, his primary employers, reflected on the loss of a valued and truste d friend. M s Percentie said: He worked for me 1 5 years. The best of the best, my mother loved him like he was her son. He was not considered an employee. He was a great person, she added. Christian, honest, dedicated, he was always with a smile, even on his rough days, or when we would have been stressed out, he gave praise to God. M r Ferdinands death is still under invest igation by the police. Govt relief for laid off hotel workers Infant dies from head injuries F ROM page one FROM page one Death row inmate appeal set to be heard today FROM page one

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By DENISE MAYCOCK Tribune Freeport R eporter d maycock@tribunemedia.net FREEPORT Our Lucaya Beach and Golf Resort has closed down t wo of its three resorts, r educing its room inventory f rom 1,200 to 500 rooms, a ccording to labour officials o n Grand Bahama. L abour Minister Dion Foulkes said the resorts plan is to consolidate its operation at Breakers Cay, using the Manor House as the central point of operation. M r Foulkes said the property consisted of three hotels, two of which will bec losed the Reef Village a nd the old former Holiday I nn/Radisson Hotel. Mr Foulkes reported t hat some 550 persons will r emain directly employed and over 200 contracted persons will remain on, resulting in a total of some 800 saved jobs. Minister Foulkes and his team of labour officials met with hotel and union executives at the Department of Labour on Friday, prior to the layoffs of some 202 w orkers. None of the unions shop stewards was also laid off, h e said. H e also stated that it was agreed as a matter of principle that where there is a married couple, both would not be laid off; and where t here were two or three persons in a household working that two of them w ould not be laid off. M r Foulkes noted that t he Labour Department had been made aware of two sisters who were ter-m inated and would be seeking to correct the situation. According to the minis t er, management has complied with the provisions of the Employment Act. He said that persons w ere given two weeks pay in instead of notice, which was included in their sev-e rance package. D eputy Director of Labour Tyrone Gibson said u nder Section 29 of the Employment Act line staff employees are entitled to receive two weeks notice of termination pay and two weeks basic pay per yearu p to a maximum of 24 w eeks. H e said that managerial a nd supervisory employees would receive one months notice pay and one month basic pay per year up to a maximum of 48 weeks. Mr Gibson noted that there is also a provision in t he industrial agreement w here a line staff employee, based on seniority, m ight also received up to f our weeks because there is a sliding scale of two, t hree, four weeks for those w ith 10 years of services or more. Mr Foulkes stated that many of the laid off worke rs were nearing retirement and will be getting good severance packages. The majority of pers onswould have been at t he resort for a long time and a lot of them werec lose to retirement and s ome had even volunteered; there were very few young members of staff that are part of this package, he said. Mr Foulkes said hotel and union executives are expected to continue toa ddress some outstanding issues on Wednesday at the Department ofL abour. H e said Bahamas Hotel Catering Allied Workers Union president Nicole Martin will be present att he meeting. L OCAL NEWS PAGE 16, MONDAY, MARCH 7, 2011 THE TRIBUNE Our Lucaya closes down two resorts IN a short statement Our Lucaya Beach & Golf Resort has announced that in the light of contin-ued global economic challenges, and in an effort to save over 800 jobs and keep a vital Grand Bahama Island tourism product to remain operational ithas no alternative but to layoff approximately 200 e mployees and make a number of adjustments to t he resort. T his decision takes immediate effect. Over the past number of years, said the resort i n a statement released yesterday, the resort has realized substantial losses annually however we r emain committed to providing a first class tourism p roduct and keeping talented and hardworking B ahamians employed. Compensation The dismissed workers, made up of managers and line staff, will receive compensation packages in accordance with the Employment Act 2001, and w e will make professional counselling and guidance a vailable. It is an unfortunate action, but the only viable a lternative in streamlining our expenses and keepi ng the resort operational until we emerge from the d ownturn in the economy. In the coming weeks, said the Our Lucaya s tatement, we intend to present the particulars of our new business strategy moving forward. P rimary in our improvement plans is an aggress ive marketing and promotional campaign and possible restructure of the resort. We remain excited about Grand Bahamas future and will continue to demonstrate our confidence in the tourism growth and economy of the Bahamas. Resort says layoffs necessary to save over 800 jobs LABOURMINISTER Dion Foulkes

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I NTERNATIONAL NEWS PAGE 18, MONDAY, MARCH 7, 2011 THE TRIBUNE n BIN JAWWAD, Libya Associated Press LIBYANhelicopter guns hips strafed opposition fighters as forces loyal to Moammar Gadhafi pounded them with artillery and rockets Sunday, dramatically escalating a counteroffensive to halt the r apid advance of rebels toward the capital Tripoli. A nother scene of heavy f ighting was the city of Misrata, 120 miles (200 kilomet ers) east of Tripoli, where a doctor told The Associated Press 20 people were killed and 100 wounded. Residents said pro-Gadhafi troops p unched into the city with m ortars and tanks but were p ushed out five hours later by r ebel forces. The rebel commanders intentionally opened t he way for government tanks to enter the city, then sur-r ounded them and attacked w ith anti-aircraft guns and m ortars, said Abdel Fatah alM israti, one of the rebels. "Our spirits are high," he s aid. "The regime is struggling and what is happening is a desperate attempt to survivea nd crush the opposition. But the rebels are in control of the city," al-Misrati added. With the counteroffensive intensifying, Libya sank deep e r into chaos and heavy bloodshed while the interna t ional community appeared to be struggling to put military muscle behind their demands for Gadhafi to giveu p power. Britain said one of the most talked about ideas for intervention the idea of a no-fly zone over Libya is still in an early stage of p lanning and ruled out the u se of ground forces. "We call on the world to take action, to strike (Gad-h afi's) powerful bases to rescue the civilians," one Misrat a resident said. "He has all t he power to smash the peop le." H undreds, perhaps thousands, have died since Libya's uprising began on Feb. 15, but tight restrictions on media make it near impossible to geta n accurate tally. More than 200,000 people have fled the c ountry, most of them foreign workers. The exodus is creating a humanitarian crisis across the border with Tunisia another North African c ountry in turmoil after an uprising in January that ousted its longtime leader. S unday's fighting appeared to signal the start of a new phase in the conflict, with G adhafi's regime unleashing its air power on the poorly equipped and poorly orga nized rebel force trying to o ust their ruler of 41 years. Resorting to heavy use of air power signaled the regime's c oncern that it needed to check the advance of the rebel force toward the city of Sirte Gadhafi's hometown and stronghold. I f Sirte were to fall in rebel h ands, it would give the antiGadhafi forces a massive morale boost and momentumt hat could carry them all the way to the gates of Tripoli. T he opposition force e stimated between 500 to 1 ,000 fighters pushed out o f the rebel-held eastern half of Libya late last week for the first time and has been cutting a path west toward Tripoli. On the way, theys ecured control of two important oil ports at Brega and R as Lanouf. On Saturday night, the rebels pushed as far west as the town of Bin Jawwad, about 110 miles (160 kilome t ers) east of Sirte. But after they reached it, they pulled back east about 30 miles tot he town of Ras Lanouf for the night. Unbeknownst to the oppos ition, pro-Gadhafi forces moved into Bin Jawwad overnight and when they rebels returned at daylight,t hey came under a barrage of fire from helicopter gunships and artillery and rockets from t he ground. Associated Press r eporters at the scene saw fierce battles raging throughout the day. F rom the edge of Bin Jawwad where the rebels massed, a steady barrage of rockets and artillery fired byp ro-Gadhafi forces thumped to the ground throughout the day to keep them from advancing. But the mood was still upbeat, with some of the opposition supporters drapi ng themselves in the rebel f lag. At one point, about 50 rebel fighters were trappedi nside a mosque, and their comrades who had retreated to the edge of the city suddenly surged forward in 20 p ickup trucks to try to rescue them. The drove into the bombardment and one of the t rucks was hit, sending a huge plume of black smoke into the air. R ebel soldier Musa Ibrahim said Gadhafi's forces took hostages in the town int he morning. "They took one of every family hostage to keep them from fighting," he said. D uring the fighting, ambulances sped back east toward a hospital in nearby Ras Lanouf while rebel trucks, at least four of them mounted with multiple-rocket launche rs, raced west to reinforce t he front lines. Six people were killed in the fighting for Bin Jawwada nd a French journalist for France 24 TV was among 60 people wounded, hospital officials said. T he government also launched airstrikes against Ras Lanouf, the rebel con t rolled oil port 30 miles east of Bin Jawwad. A warplane attacked a small military base. R egime forces shelled rebel positions there with rockets and artillery. I n Misrata, a city east of the capital about halfway down the road to Sirte, residents said the rebels repelled a gov e rnment counteroffensive to seize back control. The regime forces attacked just before noon with tanks, mortars, artillery and anti-aircraft guns. A heavy gunbatt le raged for about five hours a nd residents said they were choking on the smoke that clogged the air. A fter the pro-government forces pulled back, there were celebrations in the streets with women ululating, and others c heering the victorious rebels. Residents drove through a downtown square, honking h orns in a victory celebration Libya forces try to halt rebel move toward capital Artillery and rockets pound opposition fighters LIBYAN REBELS who are part of the forces against Libyan leader Moammar Gadhafi fire a rocket launcher as they battle Gadhafi's troops outside the town of Bin Jawwad, eastern Libya, Sunday, March 6, 2011. Libyan helicopter gunships fired on a rebel force advancing west toward the capital along the Mediterranean coastline Sunday and forces loyal to leader Moammar Gadhafi fought intense ground battles with the rival fighters. (AP SEE page 19

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I NTERNATIONAL NEWS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 19 a nd waving white flags. A bubakr al-Misrati, a doctor at Misrata hospital said 20 people were killed, 14 of them from Gadhafi's forces, and 100 injured. I n Tripoli, the capital of 2 m illion that is most firmly in Gadhafi's grip, residents awoke before dawn to the crackle of unusually heavy and sustained gunfire that lasted for at least two hours. S ome of the gunfire was h eard around the sprawling Bab al-Aziziya military camp where Gadhafi lives, givingrise to speculation that there may have been some sort of i nternal fighting within the forces defending the Libyan leader inside his fortress-likeb arracks. Gadhafi's whereabouts were unknown. Libyan authorities tried to e xplain the unusually heavy gunfire by saying it was a celebration of the regime taking back Ras Lanouf and Misrata, though both places appeared to still be in rebel hands. After the gunfire eased in t he early morning, thousands of Gadhafi's supporters poured into Tripoli's central square for a rally that lasted all day, waving green flags, firing guns in the air and holdi ng up banners in support of t he regime. Hundreds drove past Gadhafi's residence, wav ing flags and cheering. Armed m en in plainclothes were standing at the gates, alsos hooting in the air. T he uprising against Gadh afi, which began just days after President Hosni Mubarak was ousted by pro t esters in neighboring Egypt, is already longer and much bloodier than the relatively quick revolts that overthrew t he longtime authoritarian leaders of neighboring Egypt and Tunisia. I n contrast, Libya appears to be sliding toward a civil war that could drag out forw eeks, or even months. Both sides appear relatively weak and poorly trained, though Gadhafi's forces clearly havet he advantage in terms of number and equipment. The conflict took a turn late l ast week when the govern ment opponents, backed by mutinous army units anda rmed with weaponry seized f rom storehouses went on the offensive. At the same time, pro-Gadhafi forces havec onducted counteroffensives to try to retake the towns and oil ports the rebels have captured since they moved out of the rebel-held east. The regime has also fought t hroughout the weekend to retake control of Zawiya west of Tripoli where bloody street battles were reported. Zawiya, just 30 miles from Tripoli, is the closest rebel-held city to the capital. On Sunday, Zawiya residents said rebels were back in control of the city after a three-hour battle. Pro-Gadhafi forces entered in full force with tanks, anti-aircraft guns and mortars, firing themat people and buildings. Res idents said the fighters seized w eapons, ammunition, tanks and pickup trucks from the retreating forces. They said the pro-Gadhafi forces had withdrawn to the outskirts of the city and theyw ere bracing for a new offens ive. On Saturday, residents said the city was attacked by 26 tanks. But thousands went out to fight the attacking force at the square. One rebel said opposition fighters also took h ostages on Saturday and shot and killed at least 10 of them in a hotel near the square. "The determining factor in these battles is the mercenar-i es and regime fighters," said t he rebel fighter. "Their m otive is financial, no more and no less. This is the difference between them and someone like us who is defendingh is land and country." "At the beginning (of fighting), our weapons were rudi-m entary. But every time they attack us, we seize their weapons," he said. M ost of the residents interv iewed spoke on condition of anonymity for fear of reprisals. The uprising has put Gadhafi back in a position he has k nown before internationa l isolation. The U.N. has i mposed sanctions, and Libya's oil production has been seriously crippled by theu nrest. The turmoil has caused oil prices to spike oni nternational markets. T he U.S. is demanding G adhafi give up power and has moved military forces closer to Libya's shores to b ack up its demand. If the rebels continue to advance, even slowly, Gad hafi's heavy dependence ona ir power could prompt the West to try hurriedly enforce a no-fly zone over the country t o prevent the regime from defeating the rebels. However, enforcing a nof ly zone could take weeks to organize and, as U.S. Defense Secretary Robert Gates has said, it must be preceded by am ilitary operation to take out Libya's air defenses. The United States, which has air a ssets in the Mediterranean and the Persian Gulf regions, would almost certainly seeka U.N. Security Council resol ution authorizing military action against Gadhafi's regime. B ut Washington has expressed wariness about talk of imposing a "no fly" zone over the North African nation. The chairman of the U.S. S enate Foreign Relations Committee, Democrat John Kerry, said Sunday the U.S. and its allies should plan for a no-fly zone over Libya under an international agreement. He said he does not see a nofly zone as stepping over the line into military intervention. British Foreign Minister William Hague urged Gad hafi to hand over power and put an "immediate stop" to the use of armed force against Libyans and give up power. He said a no-fly zone over Libya is still in an early stage of planning and ruled out the use of ground forces. Libya forces try to halt rebel move toward capital FROM page 18

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L OCAL NEWS PAGE 20, MONDAY, MARCH 7, 2011 THE TRIBUNE B y MEGAN REYNOLDS Tribune Staff Reporter mreynolds@tribunemedia.net A BIG-HEARTED com munity in the remote settlement of Current Island, Eleuthera, willh elp care for a quarter of the children across the country who have suffered abuse, neglect or abandonment and are in need of foster care. The Zion Childrens Home will house 56 children between the ages of two and 12 and nearly double the population of around 50 r esidents in Current Island when complete. It was a project conceived by community matriarch Myrtis Brown, who died in June,a nd her three daughters, Geleta Turnquest, E armily Munroe and Ann Dean. They brought the community together to donate more than 10 acres of generational property for the foster home and won support from the Bahamas Conference of the Methodist Church and department of social services to execute their plans. Partners of the Methodist Church in the United States generously donated over $100,000 for the building, architects drew up plans valued at $55,000 for free, Current resident Osbourn Weech volunteered his services as project manager and workmen constructing the buildings are working for half-pay. The site will consist of seven cottage-style homes, each housing eight children, and an administrative building as well as sports and recreational facilities. Now two of the cottages are at belt stage and are expected to open in October and take in the first 16 children, who will join the Current Island School of just eight pri mary students. A ceremony was held at the site on Friday to dedicate the childrens home and pay trib ute to those who have funded and facilitated the project. Around 100 people attended the ceremony including Minister of State f or Social Services Loretta Butler-Turner, donors, volunteers and a large group of pilots from across North America who had flown in for a Bahamas Habitat conference in S outh Eleuthera this weekend. Mrs Butler-Turner said she has supported the project since she learned of it on herf irst visit to Current Island three years ago. More than 200 children across the country are in need of foster care, and she said thec hildrens home will be a great help as the department of social services strives to secure permanent homes for them and appeals for more foster families to take children in. It will afford them a wonderful opportunity for positive growth, positive develop ment and a wholesome upbringing in thisb eautiful place, the minister said. Lo ve We will not only be providing shelter f or our children, but much needed love and protection for every Bahamian child that deserves it. Co-founder of the Zion Childrens Home and Current Island native Geleta Turnquest, 58, has fostered three children, and helped raise 11. She believes Current Island will provide a safe haven for children and the support they need to grow into well-balanced individuals. I wouldn't consider them any different from my own children, Mrs Turnquest said. If social services find theyre in an abu sive house and take them out, they would normally send them to a relative, but they might still be vulnerable there. If they are here, no one can get here without you knowing, so they will be safe. And we don't want them to be institutionalised, they are going to be integrated into our community. The Zion Childrens Home is also expect ed to boost the local economy as it will ini tially create over a dozen jobs on the island where residents primarily earn an income by fishing and selling strawwork. Caring for Childr en in need C URRENTISLAND, ELEUTHERA: F OSTER HOME D EDICATION: A round 100 people c elebrated the dedication of the Zion Childrens Home on Friday. PHOTOS: Megan Reynolds /Tribune staff GUIDED TOUR: Minister of State for Social Services Loretta Butler-Turner tours one of the cot t ages at the Zion Childrens Home. SHELTER, LOVEANDPROTECTION: The Zion Childrens Home site in Current Island.

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SECTIONB business@tribunemedia.net MONDAY, MARCH 7, 2011 THETRIBUNE $4. 68 $4. 51 $4. 69The information contained is from a third party and The Tribune can not be held responsible for errors and/or omission from the daily report.$ $4.72 $4.72 $4.72 By NEIL HARTNELL Tribune Business Editor The quality of the underlying investment opportunity will determine the success of this years initial public offer ings (IPOs equities collectively worth more than $100 million to Bahamian investors, although concerns remain about the markets ability to absorb so much in a relatively short timeframe. GOOD STORY MUST BACK $100M WORTH OF IPOS Concerns about equities market s ability to absorb Commonwealth Brewery, BTC and Arawak Cay port in such short time linger* Investment adviser warns they will have to overcome a lot of negative issues related to recent poor performance of equities SEE page 5B By NEIL HARTNELL Tribune Business Editor BECs main Clifton Pier Power Station suffered a forced outage rate that was two-three times the interna tional industry average between 2007-2009, a report by international consultants revealed, with the practice of deferred maintenance set to cause the Corporation high er expenditures and capacity shortcomings in the medium to long-term. The report by Germanbased consultants Fichtner,p art of an Inter-American Development Bank (IDB supported initiative to strengthen the Bahamian energy sector, warned that BECs focus on the shortterm, rather than medium and long-term planning, was lead ing to costly solutions that would ultimately only increase the burden placed on its 100,000 business and residential customers. Detailing BECs recent operational performance, Fichtner said that during its financial year ending on Sep tember 30, 2009, the deferred overhaul and low availability of Clifton Pier meant that BEC had to use the Blue Hills power station to an unnecessarily high extent. This uneconomic dispatch of the gas turbine units...... caused unnecessarily high fuel costs, Fichtner noted. Clifton Pier Power Station showed a high forced outage rate of between 10 per cent and 16 per cent in the past three years, while a typical benchmark would be a maximum 5 per cent. The plant suffers from the slow processing of purchase orders, which in 2009 resulted in the situation that the power plant overhaul works had not been finished on time before the summer peak, and that Clifton Pier Power Sta tion could not generate as typ ical in the years before. The maintenance expenditures of Clifton Pier Power Station are relatively high for this type of power plant. This may be caused by the age of many of the units and related auxiliaries. However, the maintenance expenditures obviously are not sufficient to ensure typical availability. CLIFT ON PIERS F ORCED OUTAGES T W O-THREE TIMES GLOBAL AVERAGE Report warns BEC s deferred maintenance habits will lead to higher expenditures and capacity shortcomings* Short-term decisions leading to costly solutions* Family Island losses high compared to region SEE page 6B S S By NEIL HARTNELL Tribune Business Editor Principals of City Markets and Robin Hood held a series of meetings towards the end of last week to explore merger/acquisition possibilities between the two major food retailers, Tribune Business can reveal, with the former now preparing to conduct due diligence in a bid to progress the talks further. Mark Finlayson, whose family currently own 78 per cent of City Markets through their Trans-Island Traders vehicle, confirmed when conCity Markets Robin Hood talks warm up n Books to be opened up to Finlayson, with due diligence undertaken n Robin Hood principals said to be weighing options and talking to several parties, eyeing food business divestment MERGER/ACQUISITION TALKS: Shoppers look for goods at the Robin Hood store in Prince Charles Drive. SEE page 4B By ALISON LOWE Business Reporter alowe@tribunemedia.net Sandy Schaefer, owner of Robin Hood, was left speech less on Friday when he discovered that a portion of Prince Charles Drive directly in front of his newly-opened store will be closed to through traffic as of today a move which has been projected to have a devastating impact on companies i n the affected area. M r Schaefer, who was informed for the first time by Trib une Business of the plans by the Ministry of Public Works to limit vehicular access to a 2,000 foot stretch of the major thoroughfare, described the move as unconscionable, adding: How would anyone expect us to survive that? A public works official said that despite the six to eightweek road closure, access by patrons to local businesses will still be allowed, as will access by residents. Speechless on the devastating roadworks effect Robin Hood chief on Prince Charles closure: How would anyone expect us to survive that? Impacted Superwash outlet brings in $1 out of every $5 of firms revenue Ministry official admits closure a bit radical S EE page 7B By ALISON LOWE Business Reporter alowe@tribunemedia.net No big ticket investment project construction starts, and a continued decline in the number of houses being built for low and middle income Bahamians, contributed to depressing construction industry indicators showing a 75 per cent drop in the value of building starts during the 2010 second half. Its a depressing number to have to face. We had always hoped it would be somewhat better than that, but the truth is that even though we may feel that the economy is showing some signs of stabilizing, it took a longer time for the trickle down negative effects to hit the housing market and it will take a longer time for positive (economic the housing market, said president of the Bahamian Contractors Association (BCA He was commenting on c onstruction indicators figures released by minister of public works, Neko Grant, during the mid-term budget debate. Mr Grant provided figures which showed that there was an 85 per cent drop in the val u e of construction starts in the July to September 2010 period, and a 30 per cent drop compared to 2009 in the October to December period. This amounted to an overall decline during the first six months of 75 per cent. Building completion values showed significant increases of 83 per cent and 58.5 per cent respectively over the same periods during the previous year, added Mr Grant, at $111.147 million for the first quarter and $119.171 million for the second quarter. This suggests that a number of high value projects came to a conclusion during the year but new ones did not replace them. Mr Grant noted that there were increases of 2.3 and 6.2 per cent, respectively, in the number of buildings complet ed during the two quarters over the previous year. In response, Mr Wrinkle said there was a feeling in the industry that activity may have been down about 50 per cent over the previous year, and these figures show that matters were somewhat worse than expected. He said the impact of the decline in the value of starts in 2010 equates to thousands of construction jobs lost throughout the entire industry. People have been doing small jobs to hang on, scram bling to put food on the table, and these figures strengthen that, the BCA president added. Mr Wrinkle said the impact of a dearth of Foreign Direct Investment-related building projects getting underway in Construction decline worse than thought But $400m Baha Mar work will lead to sectors resurrection S TEPHEN W RINKLE SEE page 3B

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BUSINESS PAGE 2B, MONDAY, MARCH 7, 2011 THE TRIBUNE By ROYALFIDELITY CAPITAL MARKETS It was a moderate week of trading in the Bahamian stock market. Investors traded in seven out of the 24 listed securities, with one advancer and two decliners. EQUITY MARKET A total of 29,680 shares changed hands, representing an increase of 11,030 shares compared to the previous week's trading volume of 18,650 shares. F inance Corporation of the Bahamas (FIN ume leader and big decliner, trading a volume of 6,000 shares to see its stock fall $0.37 and close at $5.88, a new 52-week low. Bank of the Bahamas (BOB trading a volume of 4,000 shares to see its stock price increase by $0.10, closing at $4.50. Doctor's Hospital Healthcare Systems (DHS 5 ,000 shares trade to close unchanged at $1.40. Commonwealth Bank (CBL 4,500 shares to close unchanged at $6.80. Fidelity Bank Bahamas (FBB 1,000 shares, its stock price falling $0.21 to close at $1.96,a new 52-week low. BOND MARKET No notes traded during the week. COMPANY NEWS Earnings Releases: First Caribbean International Bank (BahamasCIB released its audited financials for the year ended October 31, 2010. Net income for the period decreased by $16.8 million or 21 per cent year-over-year to $61.9 million. Net interest income decreased by $13.9 million to $129 million, while other operating income increased by $14.8 million to $40.1 million. Operating income increased to $169 million. Operating expenses for the period were $107.3 million, increasing by $17.7 million or 20 per cent from $89 million the previous year. CIB's loan loss impairment increased from $18.5 million to $30.2 million, or 63.3 per cent year-over-year. Earnings per share for the year were $0.51, compared to $0.65 in the previous year. Total assets and liabilities of CIB at October 31, 2010, were $3.6 billion and $2.9 billion respectively, compared to $3.8 billion and $3.1 billion as at October 31, 2009. AGM Notice: Finance Corporation of the Bahamas (FIN announced its AGM will be held at the British Colonial Hilton Hotel on March 17, 2011, at 6.30 pm. RoyalFidelity Market Wrap E QUITY MARKET TRADING STATISTICS Week ending 04.03.11 BISX SYMBOL CLOSING PRICE WKLY PRICE CHANGE VOLUME YTD PRICE CHANGE AML$ 1.04$-07.22% BBL$ 0.18$-00.00% BOB$ 4.50$0.104,000-8.16% BPF$ 10.63$-00.00%B SL$ 5.01$-00.00% BWL$ 2.70$-00.00%C AB$ 10.21$-0-2.39% CBL$ 6.80$-4,500-2.86% C HL$ 2.40$-4,6800.00% CIB$ 9.39$-00.00% C WCB$ 2.23$0.06021.86% DHS $ 1.40 $5,000 12.50% FAM$ 5.25$-0-13.51% FBB $ 1.96 $-0.211,000-9.68% FCL$ 5.48$-4,5000.37% F CLB $ 1.00$-00.00% FIN$ 5.88$-0.376,000-18.67%I CD$ 7.40$-00.00% JSJ$ 9.82$-00.00% P RE$ 10.00$-00.00% International Stock Market Indexes Index Weekly % Change DJIA 12,169.90 0.33 S&P 500 1,321.15 0.10 NASDAQ 2,784.67 0.13 Nikkei10,526.76 1.59 BOND MARKET T RADING STATISTICS B ISX SYMBOL D ESCRIPTION VOLUMEPAR VALUE FBB13FBB Series C0$1,000 Notes Due 2013 F BB15FBB Series D0$1,000 Notes Due 2015 FBB17 FBB Series A 0$1,000 N otes Due 2017 FBB22FBB Series B0$1,000 Notes Due 2022 I NTERNATIONAL MARKETS F OREX Rates Currency Weekly % Change CAD 1.0297 0.63 G BP 1.6268 0.92 EUR 1.3988 1.73 Commodities Weekly %Chge C ommodity Crude Oil 116.08 3.34 Gold1,403.88 1.37 Share your news The Tribune wants to hear from people who are making news in their neighbourhoods. Perhaps you are raising funds for a good cause, campaigning for improvements in the area or have won an awar d. If so, call us on 322-1986 and shar e your stor y

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BUSINESS T HE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 3B 2009 would have played a big part in the figure. H owever,as housing underpins the construction sector, a decline in the number of low and middle income Bahamians building new homes would have also added to the drop-off in starts. We didnt have any high dollar starts last y ear, and the housing sector continued to decline. Although the housing sector, dollar wise, may n ot have as big an effect as a big ticket FDI project, the trickle down economically from the housing sector is far more significant, Mr Wrinkle said. Thats why we think, generally speaking, people are hurting in the construction indus t ry because theres just not as many jobs. Theres one or two big jobs that came online but that d id not affect a broad enough spectrum to have a real impact. T he BCA president added that just as the impact of the economic downturn appears to have taken a while to be fully felt in the new housing market, any turnaround will also only befelt in the industry further down the line. It will take a while to go through to the housi ng market, particularly the low and middle class housing market. A lot have consumer bills to p ay off before they can get back to the mortgage market. All the credit cards are maxed out and all of that has to be satisfied. Generally the mortgage industry has tightened up, and although maybe the number ofa pplicants has not declined, the number of qualifying applicants has declined and until thingss tabilise the strength of thoserequirements is likely to to remain in effect, he said. H owever, the BCA president said he expects the Baha Mar project to be a "catalyst" for activ i ty in the industry, with $400 million mandated to be spent on hiring Bahamian contractors to par ticipate in the works. "I think that single and historic brushstroke of mandating Bahamian participation in this project paves the way for the resu rrection of the industry. As you get Bahamian contractors and sub-contractors on board youw ill begin to see the money flow. That's why it is imperative that we maintain this policy of B ahamian contractors' participation in these FDI projects, Mr Wrinkle said. FROM page 1B Constr uction decline worse than thought By ALISON LOWE Business Reporter alowe@tribunemedia.net A boom in the number of entrepreneurs making authentic Bahamian projects provides for the possibility of a multi-mill ion dollar souvenir industry, t he Prime Minister believes. Hubert Ingraham said he finds the growth in the number of Bahamians producing items s uch as straw bags and shell jewellery, which can be sold to tourists, enormously encouraging. T he standard of the w orkbeing produced has risen in recent times in terms of both quality and availability, he not-ed. The Prime Minister sugg ested the trend is due to the continuing efforts of the Bahamas Agricultural and Industrial Corporations (BAIC program of training opportunities for hundreds of Bahamians in a variety of areas, providing for enhanced skills i n the manufacturing of handicrafts using shells, coconuts, straw, sisal and batik dyeing. This program is winning r ich reward, said Mr Ingrah am. He was speaking at the Agri-Business Expo 2011 last week, where dozens of Bahamian artisans came out along withf armers and food processors to showcase their Bahamian-made goods. The improvement in the quality and availability of t hese handicraft and souvenirs i s evident in the number of such goods being sold in stores throughout the country, including items which I recently sawd isplayed at the opening of the new US Departure Terminal at LPIA, Mr Ingraham said. This is all a matter of B ahamian pride, and a testam ent to the success of the programme and the innovation and creativity of the men and women involved in handicraft, said the Prime Minister. A n additional benefit of the growth in this industry is that t hose who participate in it, both the artisans and people who collect the materials, such as sisal, which are necessary for t hem to make their products, a re spread throughout our islands", so the economic benefits are, too. However, the Prime Minist er warned that two challenges must be faced if the industry is to meet its true potential. First, we must create produ cts which are beautifully d esigned and well-finished in terms of craftsmanship and detail.We should not stint in the effort to make our Bahami-a n handicraft products of great aesthetic value, Mr Ingraham said. Second, we must be reliable in producing an inventory. T his has often been a problem i n this industry One day the product is available, then the next day there is a gap in supply.If we are to meet world standards we must be reliable in m eeting demand for affordable and quality products. Multi-million souvenir sector remains possible

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tacted by Tribune Business that he was in talks with Robin Hoods principals, Sandy Schaefer and Suresh Khilnani, who are understood to be exploring their options for the business that just opened its second Nassau location at the former Pepsi building on Prince Charles Drive. T his newspaper contacted Mr Finlayson after multiple food retail industry sources told it that he was meeting with the Robin Hood duo in Nassau last Thursday, an event that also included a tour of the Prince Charles drive store. The negotiations continued the following day in Miami, where Mr Finlayson visited Mr Khilnanis wholesale operation, WH Trading. Tribune Businesss contacts suggested the talks revolved around an initial partnership/alliance between City Markets and Robin Hood,with the former ultimately a cquiring the latter, but Mr F inlayson said it was too earl y to suggest that the framework for any deal had been agreed. We are talking to them, and theyve made it no secret that theyre talking to other people, Mr Finlayson told Tribune Business of the Robin Hood owners. Were at the state where were talking. Its one of those things where were examining and are going to do a due diligence on them. Theyve made it clear theyre interested in divesting the food part of their business. Theyre not interested in selling off the whole thing. Theyre just weighing up their options. I cant say that weve got a lock on them, or that we will have, although we might like to. Theyre being very open and honest with us, and are talking to a few people. I like what I see. The warming-up of talks between the two food retailers comes just days after Mr Finlayson revealed that he had been instructed by the Associated Bahamian Distillers and Brewers Board (ABDAB which his family owns a 70 per cent stake (and is also aiming to take over the 78 per cent City Markets stake), to initiate discussions on potential sector consolidation with both Robin Hood and Phils Food Services. That followed the decision to abandon the $12 million, $1.50 per share hostile takeover bid to acquire AML Foods, and Mr Schaefer last week told Tribune Business he would be open to such discussions provided they made financial sense. Things can often move fast in the world of business, and Mr Finlayson confirmed to Tribune Business: Theyve opened up the books to us, and are allowing us to do due diligence, but theyre making it clear they have other options. I dont know whether or not theyre talking to a Bahamian. I think theyre talking to someone foreign. I think theyre two straightforward guys and are being as honest as they can with us. What I like about them [Schaefer and Khilnani] is they are very straightforward, and lay their cards on the table. Whether its good or bad, they tell you exactly how it is. These are guys you can do business with, because youre not going into a losing situation. Mr Schaefer could not be contacted for comment by Tribune Business, despite numerous messages left for him over the weekend. This newspaper understands, though, that Robin Hood and its aggressive expansion plans took a big hit when it was unable to meet Ministry of Works requirements and open its Prince Charles Drive store in time to catch the Christmas and New Years sales. The retailer lost several million dollars in revenues at that time, funds that were critical to carrying it through the relatively slow trading period until Easter, having invested around $7 million in acquiring the former Pepsi plant and developing the Prince Charles site. I think they got a really bad break at Christmas time, Mr Finlayson told Tribune Business. Weve been doing very well at our eastern location, but we were still very surprised to see what Sandys sales are like. Thats our fastest growing store, but I was shocked to see what hes doing in sales. Hes taken market share from someone. Asked about the prospects for a deal being struck, Mr Finlayson said: We can probably put something together with them, if we are not bit by someone else. Thats the problem. Were trying to see if we can really consolidate this industry. It has to happen. T heres no two ways about it. T hey have a good business, a nd that location out east is a good location, but Im very surprised with the sales they have done. Robin Hoods ownership of the Prince Charles Drive property could be especially attractive for ABDAB if it does take majority control at City Markets, given that it is now a real estate holding company. The Tonique Williams-Darling Highway property may be less attractive, given that it is leased at around $50,000 per month from landlord and former PLP MP and Minister, Leslie Miller. That site would also rub-up against plans for a City Markets SuperCentre at a property owned by ABDAB on JFK Drive/Bethel Avenue. BUSINESS PAGE 4B, MONDAY, MARCH 7, 2011 THE TRIBUNE 6$67(1785(6/7' 1RWLFHLVKHUHE\JLYHQWKDWLQDFFRUGDQFHZLWK6HFWLRQ RIWKH,QWHUQDWLRQDO%XVLQHVV&RPSDQLHV$FW 6$67(1785(6/7' LV LQ 'LVVROXWLRQ *LOOHDQ/RUQH)UHGHULFNF1HLO&DPSEHOO RI$LUGV%D\.OHLQZRUWK%HQVRQ+RXVH 3:HVWV&HQWU /LTXLGDWRU F ROM page 1B City Markets Robin Hood talks warm up

PAGE 24

Kenwood Kerr, chief executive at Providence Advisors, the Bahamas-based investment management and advisory firm, told Tribune Business that IPOs such as the upcoming Commonwealth Brewery/Burns House offering, plus the Arawak Cay port i ssue and initial 9 per cent t ranche of Bahamas Telecommunications Company (BTC shares to be sold by the Government, all had to overcome the negative stigma that had attached itself to the Bahamian equities market over the past decade. Acknowledging the concerns over Bahamian investor appetite for equities, particularly given the illiquid market and poor recent perform ance of many Bahamas I nternational Securities Exchange (BISX stocks, Mr Kerr said it was critical for the upcoming IPOsto have a good story behind them if they were to be successful. And the key ingredients for such a story, he explained, were pricing the offered securities correctly, plus providing Bahamian institutional and retail investors with a road map to good returns through obvious price appreciation opportunities and dividend yields. think the market can absorb securities that offerg ood value, offer sound business value, have good business management, and show solidity in net revenues and profitability, Mr Kerr told Tribune Business. I cant say the market will t ake them all because theyre out there........... The smart money will probably take a look at all too see what offers the best investment opportu nity. With excess liquid assets in t he Bahamian commercial banking system standing at almost $814 million at yearend 2010, there seems to be plenty of investment capital still seeking a good rate of return home. Mr Kerr, though, cautioned that Bahamian institutional and high net worth investors, especially, had been demonstrating a preference for fixed income securities, such as preference shares, bonds or even bank deposits, since these offered the security of guaranteed rates of return. The smart money has been buying fixed income securities. They mean good yield, sound investment and reduce the portfolio price volatility. Theres safety in there, Mr Kerr explained of such investment strategies. The Heineken deal, for example, is equity, so it has a h igher risk. IPO Emphasising that he was not suggesting the Commonwealth Brewery/Burns House IPO, which is scheduled to launch on March 21, 2011, is a bad investment opportunity, Mr Kerr said of the increased number due to come to market this year: I dont know if the market is ready. But the market is always ready for something that is a good story, and a good story means an investment that is sound, a company that is well managed, a company that has a good business model, and investors can realise a good rate of return. The market is always ready for that. However, the Providence Advisors chief admitted the impending IPOs had to be placed against a bigger picture background that was not pretty. This included the fact that the Bahamas has seen no true IPO since 2001, when Freeport Concrete came to market, and that company has since gone out of business not the best example to have. You have to put that [a good story] up against the fact that were in a slow economic period, and people do not have the disposable income they had in the past, Mr Kerr told Tribune Business. The experience of the last while may not lend itself to having mass appeal for equities participation, especially on the retail side. There are a lot of negative issues on the other side in terms of the recent experience with equities. They havent retained their value, they have not delivered in terms of stock and price appreciation, and theyve not had the liquidity investors have been looking for. Those are real concerns. LeRoy Archer, Commonwealth Brewery and Burns Houses managing director, confirmed to Tribune Business last year that the upcoming IPO, which will launch on March 21 with RoyalFidelity as placement agent, is set to be valued at somewhere between $60-$65 million. I nvestors This newspaper understands that presentations have already been made to key institutional investors, such as the two hotel industry pension funds, in a bid to solicit early participation confirmations from the major players. What makes the Commonwealth Brewery/Burns House IPO unusual is that the Government effectively agreed to underwrite it, picking up any shares not subscribed for by public investors, and thus had to approve the issues timing. Prime Minister Hubert Ingraham, meanwhile, confirmed in the House of Assembly at the end of the Budget debate that both the first 9 per cent tranche of government-owned BTC shares, worth an estimated $37 million based on the price being paid by Cable & Wireless Communications (CWC the Arawak Cay port would be offered to Bahamian investors this year. In the Arawak Cay ports case, though, it was not clear whether he was referring to the planned $30 million private placement, or the actual IPO, which is scheduled to come much later and be valued at around $8 million. Either way, more than $100 million in equity securities will be offered to the Bahamian public this year. Mr Kerr said this recalled memories of the mid-1990s, when demand for equities was high, and some $200 million placed in a relatively short time period. BUSINESS T HE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 5B 127,&( F ROM page 1B Good story must back $100m worth of IPOs

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BUSINESS PAGE 6B, MONDAY, MARCH 7, 2011 THE TRIBUNE Have you heard the good news? You CAN save money!If you need a lower premium,low deductibles,generous benefits and a fast claims service,pick up the phone and ask NIBA for a great insurance deal.Its time to pay less for insuring your car! Tel.677-6422 or visit www.nibaquote.com NASSAU INSURANCE BROKERS AND AGENTS LIMITED A tlantic House,2nd Terrace & Collins Avenue P.O.Box N-7764 Nassau Tel.677-6422 www.nibaquote.com Open Saturdays1 0.00am2.00pm 52wk-Hi52wk-LowSecurit y Previous CloseToday's CloseChangeDaily Vol.EPS $Div $P/EYield 1.130.95AML Foods Limited1.041.040.000.1230.0408.53.85% 10.639.05Bahamas Property Fund10.6310.630.000.0130.200817.71.88% 5.754.40Bank of Bahamas4.504.500.005000.1530.10029.42.22% 0.530.17Benchmark0.180.180.00-0.8770.000N/M0.00% 2.842.70Bahamas Waste2.702.700.000.1680.09016.13.33% 2 .201.96Fidelity Bank1.961.960.000.0160.040122.52.04% 12.409.44Cable Bahamas10.2110.210.001.0500.3109.73.04% 2.852.35Colina Holdings2.402.400.000.7810.0403.11.67% 7 .005.80Commonwealth Bank (S1)6.806.800.000.4880.26013.93.82% 2 .861.90Consolidated Water BDRs2.202.230.030.1110.04520.12.02% 2.541.40Doctor's Hospital1.401.400.000.1070.11013.17.86% 6.505.25Famguard5.255.250.000.3570.24014.74.57% 9.275.88Finco5.885.880.000.6820.0008.60.00% 11.408.77FirstCaribbean Bank9.399.390.000.4940.35019.03.73% 6.004.57Focol (S)5.485.480.000.4520.16012.12.92% 1.001.00Focol Class B Preference1.001.000.000.0000.000N/M0.00% 5.595.50ICD Utilities7.407.400.000.0120.240616.73.24% 10.509.80J. S. Johnson9.829.820.000.8590.64011.46.52%1 0.0010.00Premier Real Estate10.0010.000.001.2070.2008.32.00% 52wk-Hi52wk-LowSecuritySymbolLast SaleChangeDaily Vol. 99.4699.46Bahamas Note 6.95 (2029BAH2999.460.00 100.00100.00Fidelity Bank Note 17 (Series A) +FBB17100.000.00 100.00100.00Fidelity Bank Note 22 (Series B) +FBB22100.000.00 100.00100.00Fidelity Bank Note 13 (Series C) +FBB13100.000.00 1 00.00100.00Fidelity Bank Note 15 (Series D) +FBB15100.000.00 52wk-Hi 52wk-Low Symbol Bid$ Ask$ LastPrice DailyVol EPS$ Div$ P/E Yield FINDEX: YEAR END 2008 -12.31%30 May 2013 20 November 2029FRIDAY, 4 MARCH 2011B ISX ALL SHARE INDEX: CLOSE 1,457.70 | CHG 0.03 | %CHG 0.00 | YTD -41.81 | YTD % -2.79BISX LISTED DEBT SECURITIES (Bonds trade on a Percentage Pricing basis)Maturity 19 October 2017 7%RoyalFidelity Merchant Bank & Trust Ltd. (Over-The-Counter Securities)29 May 2015 W WW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-23201 9 October 2022 Prime + 1.75% P rime + 1.75% 6.95%BISX LISTED & TRADED SECURITIES AS OF:7% Interest 52wk Hi 52wk Low Symbol Bid $ Ask $ Last Price Daily Vol EPS $ Div $ P/E Yield 10.065.01Bahamas SupermarketsN/AN/A14.00-2.9450.000N/M0.00% 0.550.40RND Holdings0.350.400.550.0010.000256.60.00% 41.0029.00ABDAB30.1331.5929.004.5400.0009.030.00% 0.550.40RND Holdings0.450.550.550.0020.000261.900.00% 52wk-Hi52wk-LowFund NameNAVYTD%L ast 12 Months %NAV 3MTH 1.51221.4076CFAL Bond Fund1.51795.51%6.90%1.498004 2.95272.8300CFAL MSI Preferred Fund2.95270.18%1.61%2.918697 1.58371.5141CFAL Money Market Fund1.58370.61%4.59%1.564030 3.20252.8522Royal Fidelity Bahamas G & I Fund2.7049-0.56%-15.54% 13.638813.0484Royal Fidelity Prime Income Fund13.41640.44%-0.10% 114.3684101.6693CFAL Global Bond Fund114.36849.98%12.49%109.392860 106.552899.4177CFAL Global Equity Fund106.55284.75%7.18%100.779540 1.14651.0000FG Financial Preferred Income Fund1.14655.20%5.20% 1.11851.0000FG Financial Growth Fund1.11854.73%4.73% 1.14911.0000FG Financial Diversified Fund1.14915.35%5.35% 9.74859.1005Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 19.79504.85%5.45% 11.236110.0000Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 210.6417-1.20%0.50% 10.12669.1708Royal Fidelity Bah Int'l Investment Fund Principal Protected TIGRS, Series 310.12661.27%1.27% 8.45104.8105Royal Fidelity Int'l Fund Equities Sub Fund8.45100.72%9.95% BISX ALL SHARE INDEX 19 Dec 02 = 1,000.00YIELD last 12 month dividends divided by closing price 52wk-Hi Highest closing price in last 52 weeksBid $ Buying price of Colina and Fidelity 52wk-Low Lowest closing price in last 52 weeksAsk $ Selling price of Colina and fidelity Previous Close Previous day's weighted price for daily volumeLast Price Last traded over-the-counter price Today's Close Current day's weighted price for daily volumeWeekly Vol. Trading volume of the prior week Change Change in closing price from day to dayEPS $ A company's reported earnings per share for the last 12 mths Daily Vol. Number of total shares traded todayNAV Net Asset Value DIV $ Dividends per share paid in the last 12 monthsN/MNot Meaningful P/E Closing price divided by the last 12 month earningsFINDEX The Fidelity Bahamas Stock Index. January 1, 1994 = 100 (S) 4-for-1 Stock Split Effective Date 8/8/2007 (S1) 3-for-1 Stock Split Effective Date 7/11/200730-Nov-10 31-Jan-11 107.570619 105.776543 30-Jun-10 31-Dec-10 NAV 6MTH 1.475244 2.910084 1.545071TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-752530-Nov-10 30-Sep-10 31-Jan-11 11-Feb-11 31-Jan-11MARKET TERMS31-Dec-10 31-Jan-11CFAL Securities Ltd. (Over-The-Counter Securities)31-Jan-11BISX Listed Mutual FundsNAV Date 30-Nov-10 31-Dec-10 9(5,',(8)5$1&2,6 RI%ODFNZRRG(OHXWKHUD%DKDPDV -$1(7%(9(5/<0,//(5 RI3%2;)5(6+$1'526 %$+$0$6 T he picture, according to the consultants, was somewhat different at the Blue Hill Power station. The forced outages of the plants gas turbines ranged from 0.04 per cent to 2.4 per cent, compared to a 1.1 per cent industry average, while availability of between 94-98.1 per cent, when benchmarked against the 95.6 per cent sector average, were described as an excellent result. However, there were warning signs for both BEC and the Government in the report, namely that the maintenance budget for the Blue Hills Power Station was about 50 per cent of the expected value. This, the consultants warned, will have long-term negative impacts on the availability and reliability of the station. And, looking wider at BECs operations in the Family Islands, Fichtner reported: The specific costs of the power generating units on the Family Islands are lower than those of Clifton Pier Power Station. Considering the age, size of the units and their remote location, we would expect higher maintenance costs. Unless reported costs and cost allocation data are not reliable, the stations are obviously undersupplied. The numbers generally confirm that maintenance and overhaul activities are deferred and/or not carried out. This might improve the present balance sheet situation, but will cause higher expenditures and capacity shortcomings in future years. Expansion Numerous expansion recommendations by previous consultants had not been implemented by BEC, the Fichtner report found. BEC is in a situation where systematic medium-to-long term planning is replaced by very short-term, ad-hoc decisions, it added. This practice leads to costly solutions, such as the deferment of the investment decision for a low (life cycle plant until the urgency of the need for additional capacity makes it necessary to install a gas turbine, which has highero perational cost but a shorter construction time. Measured against a World Bank benchmarking study for the Caribbean, the Fichtner report said BECs technical (distribution and transmission system) and non-technical (meter tampering, theft) losses on New Providence were not excessive compared to other nations in the region. BEC loss figures on the Family Islands, however, are high compared with losses in other Caribbean countries, such asA ntigua and Barbuda, Grenada and St Lucia, the report warned. It should be noted that other countries outside the region achieve better results, and considering the high cost of supply, a lower level of losses would appear to be economically justified throughout the region. While BECs metering, billing and revenue collection were described as satisfactory, the report urged it to install intel-l igent meters for larger customers, together with Automatic Meter Reading. Although the tariff structure for large customers is not as sophisticated as those found in Europe, for example, in order to invoice these customers as soon as possible, intelligent meters or smart meters should be installed for the big cus tomers after a cost-benefit analysis, Fichtner said. Clifton Piers forced outages two-three times global average F ROM page 1B

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However, rather than driving directly to their intended destination, cars must approach the barrier on the boundary of the closed area and inform a flag man where they intend to go before being directed to that site. Dionisio DAguilar, president of Superwash and a former president of the Bahamas Chamber of Commerce, said he expects the road works to have a financially devastating effect on his Prince Charles Drive location, which brings in one in every five dollars in revenue to his company. Superwash has nine locations in total. Noting that there are around a dozen businesses in total within the affected area, he added: If someone has their only business there its going to be absolutely devastating. Those little bars and stores, they may as well shut down and go home for that time. The road closure will affect the portion of Prince Charles Drive from the Fox Hill Road/Prince Charles Drive junction to Pine Barren Road. Major businesses which exist along the affected stretch of road include Robin Hood, Superwash and Blanco Bleach, as well as numerous smaller operations including Sammys Chicken. According to a public works official, road contractor Jose Cartellone Construc-c iones Civiles C.A. is expanding the road into a four-lane highway, while the Water and Sewerage Corporation (WSC intends to install an upgraded 24-inch water main as part of efforts to enhance the quality and quantity of the water supply in eastern New Providence. Those seeking to get from east to west, or west to east, along Prince Charles Drivew ill be diverted off the road and around the closed portion to return to the road beyond the closure. The public works official said: It is a bit radical but it is necessary. M r DAguilar said he was informed of the road closure plan on Wednesday last week. While appreciative of the fact that it may be unavoidable when infrastructure upgrades are required, he said he found it really irritating that he was only told about the drastic plan last week. I knew it was coming but not that it was coming Monday (today of weeks I couldve prepared flyers and got them out to my customers to say: In two or so weeks we will have roadworks, but when you get tot he barrier ignore it because you can proceed through. Most people will think its totally closed, said the businessman. He added that even for those who realise they can still gain access to businesses in the area, the added difficulty of accessing them will be a deterrent. They will have to really, really want to go there, sug-g ested Mr DAguilar. The businessman added that he fears, based on delays which have plagued other roadworks undertaken in the last year and a half as part of the New Providence Road I mprovement Project, that the disruption to his business caused by the Prince Charles Drive works will probably extend beyond the six to eight weeks announced to more like two to four months The only thing I can hope for is that the company, Jose Cartellone, has significantly upped the learning curve now whereby they can certainly do this process much quicker and faster than, say, the stretch of road from the Mall to RM Bailey and Minnie Street on Robinson Road, which took forever, and the works on East Street, he added. It is unclear how the roadworks will affect announced plans by Robin Hoods Sandy Schaefer to break ground on construction of the second phase of the Prince Charles Drive shopping plaza in which the new Robin Hood store is located. Mr Schaeffer told Tribune Business last week that he had hoped to begin construction on the project in around four to six weeks, during which time the road closure will be in effect outside the site. The Ministry of Works will hold a town meeting for the public about the roadworks at Doris Johnson High School on Prince Charles Drive on Thursday. B USINESS THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 7B '/3URSHUWLHV/WG&RPSDQ\fLQYLWHVRIIHUVIRUWKHSXUFKDVH RI$//7+$7SLHFHSDUFHORUSORWRIODQGFDOOHGDQGNQRZQDV LOYHU7RSFRQWDLQLQJDFUHVRUWKHUHDERXWVVLWXDWHRQ/RQJ %D\&D\RU.DPDODPH&D\EHLQJDSULYDWHLVODQGLPPHGLDWHO\ HDVWRI%ODQNHW6RXQGRQWKH(DVWHUQFRDVWRI$QGURV,VODQGLQWKH &RPPRQZHDOWKRIWKH%DKDPDVWKHURSHUW\f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t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page 1B Speechless on the devastating roadworks effect

PAGE 27

I NSIGHT PAGE 10B, MONDAY, MARCH 7, 2011 THE TRIBUNE DUBLIN Associated Press THEtwo opposition parties that triumphed in Ireland's election, conservative FineG ael and left-wing Labour, announced Sunday they have reached agreement to form the country's next coalition government following five days of negotiations. T he proposed pact still must be ratified at separate meeti ngs of both parties later Sund ay. But the leaders of Fine Gael and Labour, Enda Kenn y and Eamon Gilmore, said they were confident this wouldh appen, while some key issues such as the share of Cabinet p osts would remain unsett led for a few more days. Bailout Approval of the joint gove rnment platform which i ncludes goals on slashing Irel and's deficits in line with its international bailout would p ermit Fine Gael and Labour lawmakers to elect Kenny prime minister when the newp arliament convenes Wednesday. Fine Gael won 76 seats and Labour 37 in the 166-member parliament in the Feb. 25 election. Both were record highs that reflected voter fury at the l ong-dominant Fianna Fail party, which was blamed for leading Ireland to the brink of b ankruptcy. In November, Ireland was forced by European Union p artners to negotiate a potent ial euro67.5 billion ($94 bill ion) line of credit from EU and International Monetary Fund donors. The bailout became unavoidable as Ireland's largely state-owned banks foundt hemselves unable to borrow on open markets and faced insolvency. F ine Gael and Labour both c ampaigned on platforms lamb asting the bailout and threate ning to renegotiate its terms. But both are already backt racking publicly now that the votes have been counted and they face responsibility forc orking Ireland's financial b lack hole. Officials in both parties said Sunday the new government w ould try to stick to the EUI MF goal of slashing euro15 b illion ($21 billion l and's deficits in the coming four years and reduce the 2015 deficit to 3 percent of grossd omestic product, the eurozone limit. The two partiesr emain divided, however, on t he smartest way to do this. F ine Gael favors billions more in spending cuts on top of those already imposed since 2 008, while Labour seek ing to protect welfare benefits and state jobs wants moret axes particularly on higher e arners. Analysts say the new government will have no choiceb ut to do both, since Ireland's deficit in 2010 was a modern European record of 32 percento f GDP including exceptional bank-bailout costs. E ven excluding those, Irel and last year spent more than e uro50 billion but collected just euro31 billion in taxes, a gap that Fianna Fail had already committed to narrow this year with euro6 billion in cuts and tax hikes announcedi n December. The new Fine Gael-Labour government would be respons ible for deciding on the r emaining euro9 billion in d eficit cuts sought by EU-IMF d onors. Coalition Despite coming from broadly different bases, Fine Gaela nd Labour have governed I reland together in six governments since 1948. Their most recent coalition, in 199597, was the most harmonious one. F ine Gael is pro-business a nd pro-EU with strong ties to the middle class and rural farmers. L abour defends union interests, largely represents urban, working-class voters, and can b e far more critical of the EU, p articularly on economic matters. Kenny has pledged to reneg otiate parts of the EU-IMF loan deal, particularly its average interest rate of 5.8 percent.T hat rate is far lower than w hat Ireland would pay on bond markets, but is still 3 per c entage points higher than the lenders' own average costs. German Chancellor Angela Merkel insists Ireland should b enefit from a lower rate only if it agrees to tougher meas ures for getting its deficit under control. Germany and fellow EU h eavyweight France long have p ressed Ireland to raise its 12.5 percent rate of tax on businesses, a policy that has wooed a bout 1,000 foreign multina t ionals to Ireland rather than the European continent. K enny insists that Ireland won't raise its business tax to European norms approaching 30 percent. He says Ireland is already burdened with 13.5 percent unemployment, the secondh ighest rate of unemployment in the eurozone behind Spain, and must do nothing to discourage employers from stay i ng in Ireland. Ireland was long the run a way growth leader in the eurozone, but the Celtic Tiger b oom died in 2008 because of a property crash that followed 14 years of surging prices andr isky speculation. I reland's banks over the previous decade borrowed hundreds of billions at exceptiona lly low rates of interest, t hanks to Ireland's eurozone membership, and funneled m ost of it to Irish construction and property kingpins. Most of their property assets in the past year have been seized at knockdown prices by a new state-run "bad bank" charged with extracting toxic d ebts from five Irish banks exceeding euro70 billion ($100 billion). Both Kenny and Gilmore c ampaigned on pledges to force foreign bondholders to b ear more of the cost of Irish bank losses. T he current government of Prime Minister Brian Cowen has been widely criticized foru nveiling a 2008 state guarant ee for all bank bondholders and still defends the policy, arguing that Ireland needed t o retain confidence from for e ign lenders. The 2008 insurance policy w as designed to prevent the banks' collapse by discouraging the rapid withdrawal of foreign loans and deposits. But Ireland ended up nationalizing most of the debtcrippled banks anyway, leav i ng taxpayers with a bill estimated at more than euro50 billion ($70 billion lent to euro11,000 ($15,500 f or every man, woman and child in Ireland. Opposition strikes deal to form the Irish government FINE GAEL LEADER Enda Kenny (right and leader of the Irish Labour Party Eamon Gilmore (belowAP

PAGE 28

I NSIGHT T HE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 11B S ANGIN, Afghanistan Associated Press WHENU.S. Marine Lance Cpl. Derek Goins deployed to the most dangerous place in Afghanistan five monthsa go, he mentally prepared for the risk of getting shot by the Taliban or stepping on bombs buried throughout this southern river valley. B ut he wasn't ready for w hat happened to his two best friends, who were shot to death inside a patrol base bya n Afghan army soldier who escaped into the arms of the Taliban. I grew up with those guys i n the Marine Corps and shared a lot of laughs and tears with them," said Goins, 2 3, from Trumbull, Texas. "We expected to come here and fight and not just get murd ered, and that's what it was." Tragedy The Marines who arrived i n Sangin district of Helmand province in October have seen the kind of tragedy andc ombat stress that few can i magine more than 30 d eaths and 175 wounded, with scores losing arms and legs when they stepped on bombs. The 3rd Battalion, 5th Marine Regiment and smallerM arine units attached to it are fighting to regain this key insurgent stronghold in one o f the country's bloodiest regions. At least 288 NATO service members were killed in Hel-m and province in 2010. Last year was the deadliest of the n ine-year Afghan war for the i nternational forces, with 701 killed. M any of the Marines in Sangin say they are coping by blocking out the horrors they have seen. Psychiatrists say t hat behavior is normal during c ombat, but it could trigger post-traumatic stress disorder w hen the Marines go home n ext month. "It's a day-by-day thing and you don't know if you're going to be the guy to get hit t he next day, so you just keep o n pushing," said Goins, who l ike most of the Marines in S angin is on his first combat deployment. L ance Cpl. James Fischer, whose platoon lost a Marinet o Taliban gunfire the first t ime they patrolled outside their base, said he has become numb to even the most gruesome scenes. "Afterward, you just don't g et that shock anymore," said Fischer, 20, from Glendora, C alifornia. "You'll have to d eal with it at some point, but right now the most important thing is keeping everyone around you alive." Cmdr. Charlie Benson, a N avy psychiatrist who has visited the Marines in Sangin n early a dozen times, said he h as not seen an abnormally high rate of mental health i ssues in the battalion although it's too early to tell who will have problems when they go home. Insurgents B enson, 46, from Marcelus, N ew York, believes the M arines are coping relatively well with the combat in Sangin because they have good leadership and feel they are making progress. Sangin is am ajor narcotics hub that funds the insurgents and a gateway to stream fighters into Kandahar, the Taliban's spiritual heartland. The Marines have stepped u p their efforts to deal with c ombat stress in recent years by deploying additional mental health professionals witht he troops. They also have trained medical corpsmen, chaplains and Marines to rec o gnize when troops are having trouble coping. "There is a lot of stress, and it's not just combat," said Sgt. A dam Keliipaakaua, a 26year-old Marine from Newport News, Virginia, who is on his fourth combat deployment. "It's from back home, too, w ith people's parents getting divorced, people's wives cheati ng on them or leaving them." Keliipaakaua said he tries to prepare his Marines for the nightmares and irritability they may face when they return h ome and have to deal their emotions. "For me, I'm pretty much e motionally cold. My wife tells me that all the time," said K eliipaakaua, who suffers f rom nightmares of a Marine dying in his arms. An average of 15 to 20 per cent of troops who have traum atic experiences during combat often suffer post-traumatic stress disorder, or PTSD, when they return home, Benson said. The condition arises w hen troops continue to try to suppress emotions with drugs, a lcohol or by avoiding situations that trigger painful memories. "If you're having issues six months after the event, then t hat would be a good indication," Benson said. "One of the things that Marines hatei s the feeling that if they had only done X, Y or Z, this guy w ould still be alive." P sychiatrists often treat PTSD by having troops repeatedly tell the story that haunts them, forcing them to f ace their emotions and pushing them to see that often there was nothing they could have done to save their buddy, Benson said. S gt. Matt Lewoczko, a Marine in Sangin on his fourth c ombat deployment, said everyone deals with the horrors of war differently when they return home. "Some guys are going to go b ack and it will be good to have their family, some will crawl into a bottle for a week,m onth or couple months and then will crawl out and be f ine," said Lewoczko, 27, from H ouston, Texas. "Unfortu nately, some guys don't get over it." Marines in deadly Afghan valley face combat stress I N THIS FEB. 19, 2011 PHOTO, U .S. Marine Sgt. Matt Lewoczko, 27, from Houston, left, and U.S. M arine Lance Cpl. Ronald Long, 21, from Galt, Calif., right, take a defensive position during a patrol with 3rd Platoon, India Company, 3rd Battalion, 5th Marine Regiment in Sangin district southern Helmand province of Afghanistan. When U.S. Marine Lance Cpl. Derek Goins deployed to the most dangerous placei n Afghanistan five months ago, he mentally prepared for the risk of getting shot by the Taliban and stepping on homemade bombs buried throughout this southern river valley. (AP Psychiatrists say troops could face post-traumatic stress disorder when they go home

PAGE 29

INSIGHT The Tribune INSIGHT M ONDAY, MARCH 7, 2011 The stories behind the news Even progressive educators began to b elieve that the gap c ould never be c losed. And for those o f us who drive by these schools, maybe w e make the same dark assumption; that t hese kids, the ones in the poor est neighb ourhoods, just can't learn." David Guggenheim, W aiting for S uperman. By PACO NUNEZ Tribune News Editor I N MY experience, peo ple who feel deeply concerned about the state ofo ur public school system tend to fall into two categories: those who say the problem is too serious forh alf-measures and that a r adical system-wide trans formation must take place, and those who think thep roblem is already so severe, the situation is hopeless. The first group often finds there is not enough political will or for that matter, social concern to create comprehensive and lasting change across the system, while the second commits the sin of taking the easy way out, absolving themselves of any responsibility for the thousands of tragically wasted young lives in our midst. The result is that we do nothing while our schools get progressively worse. But several experiments taking place in US school districts once considered symbols of dysfunction should give us pause, and perhaps lead us to re-exam ine what is, or at least should be, our most pressing national concern. David Guggenheim's 2010 documentary Waiting for Superman explores sev eral of the most innovative and successful of these efforts to turn the tide of hopelessness and failure among young people. One of the reformers featured in the film, veter a n educator Geoffrey Canada, was recently in Nassau, where he told a group of local leaders theyn eed to face the fact "that the old model doesn't work." He notes in the film that f unding for public schools in the US has doubled since the early 1970s, yet students' scores have "flatlined." Continuing to throw money at the problem is clearly not the answer, but Mr Canada has spent more than a decade designing a system he feels is. Challeng es When he launched his project in Central Harlem, New York, he found children struggling with many of the same challenges faced by inner city Bahamian children: poverty, unemployment, drugs, crime, "troubled homes." He targeted Harlem precisely because it was home to the largest number of children in foster care anywhere in New York, had the worst performing schools and the highest incidence of children enter ing the criminal justice system. It was a place where "more kids knew people who'd been to prison than who'd been to college," he s ays in the film. Mr Canada grew up in a similar environment in the Bronx and attended as chool best described as a "failure factory" an expe rience that caused him to dedicate his life to changingt hings. He left college eager to try his hand at reforming education in America based on a single, revolutionary idea: What if stu dents are never allowed to get behind in the first place? "Most reformers" he notes, "try to save kids after they're already lost." At first, Mr Canada tried to tackle the whole system, but encountered a network of vested interests so entrenched that he eventually resigned himself to starting on a much smaller scale, initially a single block. He then set about creat ing a "no excuses environment" where failure is not an option for students. This was achieved by demanding the highest standards from teachers, having students start school at an earlier age, extending daily school hours, holding classes on weekends and in the summer (presumably as much to keep the children away from negative influences at home as to accelerate learning) and ensur i ng that school officials remain involved in the life of each and every student until they graduate college. M r Canada has grown this concept into the Harlem Childen's Zone (HCZt hree schools covering 100 blocks of Central Harlem and embracing 10,000 children from poverty stricken backgrounds. His aim is nothing less than to break "the cycle of generational poverty" in this community. Regulations HCZ is based on the con cept of the charter school, an institution that receives public money and often private grants, but is not subject to some of the rules and regulations other public schools must follow. As such, these schools have at least the potential to break free of the stagnant bureaucracy that has stifled so many other schools over the years. Charter schools were invented in the late 1980s, but have shown little progress over the years. When Mr Canada intro duced his "cradle-to-college" idea however, something different happened. After about a decade in operation, HCZ has literally closed the achievementg ap between rich and poor children in New York. In Central Harlem, where only 10 per cent of the pop u lation has a tertiary level q ualification, 90 per cent of his students are now on track to go to college. Part of Mr Canada's strategy for reversing years of neglect and low achievement centres on the belieft hat in order to change the l ives of inner-city children, intervention must go beyond schools and target student's families and communities. His schools offer free parenting workshops, preschool programmes and child health initiatives. Students have access to quality health care and top performers are awarded for their achievement's. The programme has been deemed such a success that the Obama administration has announced it will seek to replicate HCZ in other US cities through its 20 Promise Neighbourhoods initiative, which has already received 300 applications from communities across the country. Meanwhile, several other cities have initiated their own independent HCZmodelled programmes. Geoffrey Canada started with only one block in Harlem. What would happen if the Bahamas were to embark upon a similar experiment, starting with just ones chool? We too have a public school system that absorbs huge levels of funding e ducation is, year in-year o ut, the largest single recipient of public money in the Bahamas yet average grades have flat-lined some where around D-. T eac hers We too have a system that is hostile to change at every level teachers, administrators, politicians. We too have any number of schools that could be described as "failure facto ries." And perhaps most impor tantly, we too have a vast number of children whose chances of success are writ ten off because of their circumstances; who have fall en prey to the idea that because their problems didn't begin at school, they can't be ended there. Would such a project also find success, or would our particular brand of social dysfunction prove too much to overcome? If an individual or group were to propose such a plan, would it even get gov ernment funding? And if it did, would it be able to attract private support as well? What do you think? pnunez@tribunemedia.net Re-examining our failing education system: Part 1 V ETERAN EDUCATOR G eoffrey Canada (left r ecent visit to Nassau. Mr Canada and the Harlem Childrens Zone fea tured in the documentary film Waiting for Superman (above




PAGE 2, MONDAY, MARCH 7, 2011



THE TRIBUNE



Artistic, agricultural

awarded

COOKING
CONTEST:
Professional
chief Carvison
Pratt competes
with two
others ina
cooking
contest.

Megan
Reynolds
/Tribune staff

GRICULTURAL and artistic
entrepreneurs from across the
Bahamas were honoured with
awards presented on the clos-
ing day of the Agri-Business
Expo at the Gladstone Road
Agricultural Centre yesterday.

Dozens of independent producers of celebrated
handicrafts, preservatives, fruit and vegetable crops,
fisheries and livestock farmers were presented with
awards to encourage their efforts to develop agri-busi-
ness throughout the Bahamas.

Schools partaking in a greenhouse project to grow
fruits and vegetables were also presented with awards,
as were Lucayan Tropical, The Grand Bahama Shrimp
Company and The Island School for their contribution
to food production and agricultural development. Cash
prizes for other entrepreneurs will be announced later
this week.

Agriculture and Fisheries Minister Larry Cartwright
commended their efforts as he noted the critical impor-
tance of food security in a time of population growth and
rising food prices.

With 60 per cent of the Bahamas’ 353,658 population

6G

The stability of a

country is predicat-
ed on a stable agricultural
industry.”

Larry Cartwright



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GRAND OPENING
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LOCAL NEWS

4 tural Centre.

residing in New Providence, Mr Cartwright said it is
important for Bahamians to take advantage of oppor-
tunities in agriculture and fisheries across the islands and
develop this key industry.

Efforts have been made to create opportunities for
crop, livestock and poultry farming in Abaco, Andros
and Grand Bahama, in particular, Mr Cartwright said,
while more opportunities will be created in other Fam-
ily Islands.

“Agriculture links and interacts with major key indus-
tries such as education, tourism, marine resources and
light industries,” Mr Cartwright said.

“The stability of a country is predicated on a stable
agricultural industry.”

The minister encouraged farmers to embrace modern
technology to maximise production and pointed out
advancements in the industry through the distribution of
30 greenhouses to schools across the islands and the
success of new reproductive technology of sheep and
goats through embryo transplant at the Gladstone Road
Agriculture Centre (GRAC).

The expo brought together more than 150 people,
operating over 140 booths at the three day fair, and
the award ceremony featured performances by The
National Youth Choir and National Children’s Choir.

: The National Children’s Choir

ey ce zac

10am-2pm

PRINCE
a ee
COLONY VILLAGE
ROAD - JUST WEST
OF SEAGRAPES
SHOPPING
Le

SCRUMPTIOUS: Some of the
produce on show at the expo
at the Gladstone Road Agricul-

Tim Clarke/Tribune staff
























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Megan Reynolds/Tribune staff

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Megan Reynolds/Tribune staff

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DESIGNED TO MEET CHALLERAEES






THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 3



LOCAL NEWS



Prime Minister
defends govt’s
economic record

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

DEFENDING his govern-
ment’s economic record,
Prime Minister Hubert Ingra-
ham addressed criticism that
his administration is merely
taking credit for initiatives
implemented under the
Christie administration.

“T have a problem with that
because when Kerzner Inter-
national came to the Bahamas
in 1993 and agreed to a four
phase development, the third
phase was done on their
watch which they claimed
ownership of and responsibil-
ity for.

“If the Kerzner third phase
had not been done, the econ-
omy of the Bahamas would
not have been what it was
during their term in office. It
was completely facilitated by
what we had put in place



“If the Kerzner third phase had
not been done, the economy of
the Bahamas would not have
been what it was during their
(PLP’s) term in office.”



before,” Prime Minister
Ingraham said during a press
conference Saturday.

He further stated: “From
my point of view I’m delight-
ed to do those things while
I’m in office.

“The things that come
about while I’m in office, the
things that happen after I’m
gone or that happen because
of what I did while I was in
office, I don’t argue as to who
did it or who didn’t do it.

“The economy of the
Bahamas was revived on our
watch,” he added.

“The economic growth and

GOVT ‘ANXIOUS’ TO RECOUP

S50M SPENT ON AIRPORT WORK

FROM page one

“The government is anxious to get back its $50 million which it
put into the airport. We are not in the business of funding this air-
port. This is to be funded exclusively by those of us who use it,”
Prime Minister Ingraham told reporters Saturday after touring the
new facility with several members of his Cabinet. According to
Prime Minister Ingraham, the new facilities are expected to create

expansion that took place
between 2002 and 2006 was
because of the base that the
FNM put down.

“There had never been a
period of that kind before in
the 90s.

“There had never been
such a time and continued
while we were out of office
but others came along and
claimed they did it. It is quite
easy to find those things
which were done on any-
body’s watch in the Bahamas
and we are willing to match
our record against anybody at
any time.”

PM: WE INTEND TO PROTECT CONSUMERS,
WHILE BEING FAIR TO FUEL RETAILERS

FROM page one

they sell, and 19 cents per gallon of diesel, regardless
of the price they pay for fuel.

They want the government to ease restrictions
before they are driven out of business. The Bahamas
Petroleum Retailers Association (BPRA) is ready to
voice members concerns when they meet this week
with State Minister for the Environment Phenton



DEFENDING RECORD:
Prime Minister Hubert Ingraham

‘More productivity
required’ for Road
Improvement Project

MORE monthly productivity will be required to
ensure that work on the New Providence Road
Improvement Project meets the government’s sched-
ule, Prime Minister Ingraham said.

“Progress is being made. They have now increased
their employment numbers. They have 600 people
working on the project. They are going to have to add
some additional shifts and work on weekends. From
our point of view, they need to produce certifiably $5
million worth of work each month in order for them
to meet the schedule we have,” Prime Minister Ingra-
ham said at a press conference on Saturday.

“They are now producing work to the order of
three and a half million I think, so they need to find
a way by which they are going to speed the works up
to meet the schedule or be faced with penalty con-
sequences.

“We are satisfied with the quality of work,” Prime
Minister Ingraham said.

In 2008, the government signed a $120 million
contract with Jose Cartellone Construction of
Argentina for the pre-launch of the completion of the
roadwork.

The project is funded by the Inter-American
Development Bank (IDB) and includes 15.7 miles of
roads, 19 corridors and five major intersections. The
improvements include: Baillou Hill Road (south),
Baillou Hill Road (North) the entire length of Mar-
Ket Street corridor, East Street (between Robinson
Road and Soldier Road), West Bay Street (Saun-
ders Beach), Robinson Road and Prince Charles
Drive, Marathon Road, Wulff Road, New Bethel
Avenue (phase A) and New Bethel Avenue (phase
B

The refurbishment of old water mains is also
included in this package and the Milo Butler Exten-
sion from Carmichael Road to Cowpen Road is
included as provisional work in the contract.











Do it yourself oil change:
"STEP 1: Park your
vehicle on level ground.”

(SCastrol

“QUOTE OF THE DAY”
WITT ay
Maa

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another 150 to 200 jobs. Phase II of the project, which includes con-
verting the old US departure terminal into the international ter-
minal, will start soon he noted.

“We expect that announcements of the issuance of the contract
to be made in the coming weeks,” Prime Minister Ingraham said.
Regarding the work done on Phase I, Mr Ingraham said, “It is a
wonderful job. It appears to be very efficient and user friendly. It
pleases us where we want to be at the head of the line in the
Caribbean in terms of facilities as we are the leading tourism des-
tination and financial centre and a place to attract business and for
business to operate from. We think we are headed in the right
direction.”

He said that today “the new airport gateway project will com-
mence which will produce a four lane highway straight up to the six
lane roundabout and before that is finished there will be a contin-
uation from JFK to Prospect Ridge up to Milo Butler Highway and
Tonique Wilhams-Darling highway and the third phase will continue
from the six legged roundabout past the College of the Bahamas and
continue straight up to Baillou Road from Poinciana Drive.”

Neymour.

Prime Minister Ingraham told reporters on Satur-
day: “It is you the public of the Bahamas that the
government seeks to protect and prevent from paying
unnecessarily high prices. That’s why gas and diesel
are controlled prices. So the extent to which the gov-
ernment is responsive to the pressure from them is the
extent to which you the travelling public will pay
more money.

“We’re seeking to be on your side,” he said. “We
are seeking also to be fair to them but the margin
which they have is not an unreasonable margin.”

Prime Minister Ingraham recalled that his admin-
istration was often criticized for giving local petrole-
um retailers a margin that was larger than anywhere
else in the Caribbean.

“When the price of oil was lower and they were
making profits I didn’t hear a word from them, and
neither did you,” he said.

PNT CGI AM IU NM aeRO aa





















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Leeabeal between Hewch “Toor & Corel Tera

THE PLP party’s walkout
of the House of Assembly
during the mid-term budget
debate on Thursday has been
defended by party deputy
leader Philip “Brave” Davis
as he accused the Prime Min-
ister of “rudely, abruptly and
prematurely” ending the
debate.

Mr Davis accused Prime
Minister Hubert Ingraham
of denying both himself and
Minister of State for Social
Services Loretta Butler-
Turner the opportunity to
speak as they rose to make
their contributions, and thus
thanked his colleagues in the
PLP for walking out in their
defence.

He said: “I remind the
Prime Minister that just as
he was elected to be the
voice in Parliament of the
people of the North Abaco
constituency so were Loretta
Butler-Turner and I elected
to represent the people of
Montagu and Cat Island,
Rum Cay and San Salvador
respectively.

“We are all equal in the
House of Assembly. You are
not the House of Assembly!
You are not the Common-
wealth of The Bahamas.

“The Prime Minister and
the Speaker owe the people
of Montagu and Cat Island,
Rum Cay and San Salvador
an apology. They both
showed no regard or respect
for them as citizens of the
Commonwealth of the
Bahamas.”

However, a Government
MP told The Tribune that
the Prime Minister and the
Speaker were justified in
their actions as the disagree-
ment arose following the
contribution by PLP MP
Alfred Sears.

The MP said Education
Minister Desmond Bannis-

DEFENDING WALKOUT:
Philip ‘Brave’ Davis

ter started to rise on a point
of order during Mr Sears’
contribution, but the PM
asked Mr Bannister to wait
for Mr Sears to finish,
instead of interrupting him.
Mr Bannister complied.

As Mr Sears completed
his contribution, Mr Bannis-
ter again rose to speak, as
did Mrs Butler-Turner and
the Prime Minister, the MP
said.

“The rule of procedure for
speaking is that the first one
to catch the Speaker’s eye is
the one who has the floor,”
the MP explained.

“The Speaker recognised
Mr Bannister because he had
already indicated that he was
rising on a point of order,
and had only held off in def-
erence to Mr Sears.

“When he had finished,
the Prime Minister again
stood and the Speaker recog-
nised the Prime Minister.

“However, if the Prime
Minister had not stood, the
Speaker would have recog-
nised Mrs Butler-Turner
because she had the right to



the floor. He would not have
recognised Mr Davis at that
point.”

The MP said the PLP’s
argument that it was their
turn to speak because the
FNM had already had two
members speak successively
was not justified as the rules
of the House allow for the
mover of the motion and the
seconder of the motion to
speak — which is usually the
government. Then after the
seconder has completed his
contribution, the Opposition
would put its first speaker on
the floor. From then on the
debate would continue with
Government and Opposition
alternating its speakers. If it
so happened during that
debate that two government
members spoke in succession
it would have only been
because the Opposition
failed to put one of its speak-
ers on the floor.

“Several hours before the
debate ended,” said the MP,
“Tommy Turnquest, leader
of government business, reit-
erated that government had
planned to end the debate a

5pm. There was no objection
from the Opposition. It was
already after 7pm when Mr
Sears had completed his con-
tribution,” the MP said.
“Therefore, when the dis-
pute erupted as to who had
the right to the floor, the
Prime Minister closed the
debate on the first appropri-
ations bill. But while the
Opposition was still in the
chamber, the prime minister
stood to second the second
appropriations bill, which
would have given Mr Davis
or any member of the oppo-
sition the right to speak after
the prime minister.
“Instead,” the MP told
The Tribune, “the Opposi-
tion gathered their papers
and walked out of the House
instead of staying there to
represent their people.”

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PAGE 4, MONDAY, MARCH 7, 2011

THE TRIBUNE





EDITORIAL/LETTERS TO THE EDITOR

The Tribune Limited

NULLIUS ADDICTUS JURARE IN VERBA MAGISTRI
Being Bound to Swear to The Dogmas of No Master

LEON E. H. DUPUCH, Publisher/Editor 1903-1914

SIR ETIENNE DUPUCH, Kt, O.B.E., K.M., K.C.S.G.,

(Hon.) LL.D., D.Litt.

Publisher/Editor 1919-1972
Contributing Editor 1972-199]

EILEEN DUPUCH CARRON, C.M.G., M.S., B.A., LL.B.

Publisher/Editor 1972-

Published Daily Monday to Saturday

Shirley Street, PO. Box N-3207, Nassau, Bahamas
Insurance Management Building., P.O. F-485, Freeport, Grand Bahama

WEBSITE
www.tribune242.com — updated daily at 2pm

Joblessness down, some still downbeat

WASHINGTON — Why so glum?

Unemployment is dropping, but the reaction
from both the left and right ends of the politi-
cal spectrum is surprisingly unenthusiastic.

Conservatives fear the improvement will
weaken their argument that the way to bring
back jobs is less regulation and more fiscal dis-
cipline. Liberals worry that better job num-
bers will create momentum for spending cuts
that will cause the fragile recovery to falter.

The divided reaction illustrates the ideo-
logical forces pulling at President Barack Oba-
ma as he tries to gain economic and political
traction out of the positive jobs report.

"Overall, it's a very solid jobs report," said
Austan Goolsbee, the chairman of Obama's
Council of Economic Advisers. "And overall
there's been increasing optimism that despite
having a long way to go, we're clearly headed in
the right direction and we're putting some miles
behind us and trying to get back to a good sit-
uation."

Indeed, a number of economic markers are
moving in positive directions. The U.S. econo-
my has been growing for 18 months. Retail
sales are picking up. A Federal Reserve survey
released this week showed factory activity ris-
ing in all Fed districts except St. Louis.

Obama, himself, made the point Friday,
trumpeting the unemployment numbers during
a visit to a Miami high school. "That's the 12th
straight month of private-sector job growth,” he
said. "So our economy has now added 1.5 mil-
lion private sector jobs over the last year. And
that's progress."

Still, unemployment is usually the last eco-
nomic signpost to improve after a recession,
and the rate remains high at 8.9 per cent. The
number of unemployed is 13.7 million, almost
double since before the recession. And that's
enough to provoke some downbeat assess-
ments. "We have yet to see the leadership we
need coming out of the White House to restore
sustainable economic growth,” declared Repub-
lican National Committee Chairman Reince
Priebus. Economist Heidi Shierholz, at the lib-
eral Economic Policy Institute, weighed in with
this: "Some of February's growth is simply a
positive rebound effect after bad weather last
month, and the trend is modest."

Since the November elections that placed
Republicans in control of the House and weak-
ened the Democrats' hold on the Senate,
Republicans and conservatives have argued
that the path to jobs is through deregulation of
industries, fiscal restraint and low taxes. Oba-
ma has embraced some of the advice, reaching
out to business with a pledge to reconsider
some government rules and compromising with
Republicans by dropping, for now, his demand
that the wealthy pay higher taxes.

So, even as the unemployment rate goes
down, Republicans insist Obama's past policies

RUSSELL, Albert H. ,

1933 - 2011.

Beloved father of George Russell (Sherry) of

i!
Me

Russell and sister Marina Atkinson.

Spanish Wells passed away on February 71,
2011 after a long illness. Born in Cherokee
Sound, Abaco, he lived most of bis life in
Nassau and is well remembered by many of his
friends and clients for his nearly sixty years asa
barber on Bay Street, He was predeceased by
his wift Pauline, his parents Kirtland and Lois

In

addition to his son George (Sherry) he is

were at worst, counterproductive, or at best,
ineffective. Jobs will come faster and with more
staying power, they argue, if government sim-
ply gets out of the way.

Liberals and their Democratic allies have
been pressing for more government interven-
tion in the economy. The fragile recovery still
needs to be prodded by public spending, they
say, and they bristle at attempts to cut current
budgets. Obama has embraced some of that
advice, too. He has proposed additional tax-
payer money toward education, research and
technological innovation while negotiating with
Republicans on how far to cut into current
spending. While private employers added
222,000 jobs last month, some analysts noted
that when averaged with more meager number
of new jobs in January, the increase in pay-
rolls is similar to the monthly pace in the last
quarter of 2010.

"On the unemployment rate, for sure there
are going to likely to be blips," Austan Gools-
bee said in an interview. "Nobody knows, is 8.9
the rate or will it go up? That could happen."

But he added: "The three-month trend, the
one-year trends of substantially adding jobs in
the private sector and substantial reductions
in the unemployment rate are exactly what we
want."

The White House is certainly counting on
those trends moving in their favour. The econ-
omy — and high unemployment — were key
factors in last November's Republican elec-
tion wave.

At the time, the unemployment rate had
been rising for six straight months. But since the
9.8 per cent high of November, it has been
dropping. Politically, the trend line could be as
important as the unemployment rate itself.

In 1980, Jimmy Carter lost his re-election bid
to Ronald Reagan as unemployment climbed
from 6 per cent in October of 1979 to 7.5 per
cent in October of 1980. Likewise, George
H.W. Bush lost to Bill Clinton in 1992 in the
midst of rising unemployment, which went
from 6.9 per cent September of 1991 to 7.6 per
cent in September of 1992.

But Reagan managed to get re-elected in
1984 even though unemployment stood at 7.4
per cent in October of that year. Unlike Carter
and Bush, Reagan's unemployment trend line
had been dropping since the spring of 1983.

There are still trouble spots ahead for Oba-
ma. "The main clouds of concern that we mon-
itor are what happens in the Middle East with
fuel prices and what happens with the financial
system in Europe," Goolsbee said. In addition,
public hiring by local and state governments
remains an area of weakness. Those are clouds
that can still dampen an economic recovery —
and complicate a president's political prospects.

(This article was written by Jim Kuhnhenn of
the Associated Press).



“qeams













Enforcing death
penalty will
change course
of history

EDITOR, The Tribune.

Please allow me space
once again to publicly air my
personal views on crime and
punishment in our beloved,
historic and heavily popu-
lated Commonwealth of the
Bahamas.

When Robert Heath, later
Sir Robert Heath, was
granted the Colony of the
Bahama Islands in 1629 he
did not have any real prob-
lem with crime.

About 1670, the year our
country or the mother coun-
try granted the aforemen-
tioned islands to the six
Lords proprietors of the
Carolinas, they had no real
serious problem with crime
either.

They spent 47 years and
thus hoarded wealth, mater-
ial wealth for themselves,
hence their grant was
revoked.

A year later Governor
Woodes Rogers, a colonial

DAMS

letters@tribunemedia .net



governor, was appointed the
first Royal Governor of the
Colony of the Bahama
Islands: as a matter of fact
he served two consecutive
terms. However, in Septem-
ber 29, 1729 Rogers con-
vened the first Parliament
or House of Assembly meet-
ing with a total of 24 mem-
bers. Four of these repre-
sented the District of Har-
bour Island, Bahamas.
Events untoward had
begun to take place by now
so Rogers was charged with
driving out the pirates and
bringing back the traders.
Now a number of colonial
governors served this colony
until January 6, 1964 when
Sir John Paul handed over
as the last Royal Governor
to Sir Milo Boughton Butler

— the first Bahamian Gov-
ernor General on July 10,
1973. Since those events
crime has escalated and
today we are up to our nos-
trils.

It is my humble sugges-
tion that the sure way to
change the course of history
is to:

a) enforce the death
penalty, hanging or execu-
tion.

b) enforce the cat-o-nine
tail and

c) All written laws see that
they are adhered to.

Now these as did many
more have stood before us
for years; a stitch in time
saves nine, if the powers that
be do not turn this situation
around swiftly, the country
will de doomed.

RESWELLN
MATHER JP
Historian,
Harbour Island
January 31, 2011.

TAS TUTTM it a

THAT'S WHAT WE
CALL COMPASSION!

EDITOR, The Tribune.

Re: Assistance for
arrested straw vendors cost
the taxpayer $139,000. -
The Tribune, March 1,
2011

Each arrested person
appears to have received

about $15,444 in assistance. }
} tial facility is built (ong overdue and further shows that with-
: out funds even the private sector put things on hold).

Now that, folks, is what we
could call real compassion!
However, I’m sure that
there are also one or two
lawbreakers at HM Prison
who would be very happy
to receive similar compas-
sionate assistance — but
then again, maybe they
can’t vote.

KEN W
KNOWLES, MD
Nassau,

March 2, 2011.

BOBCATS |

Special Rental Offer! 2

" et Se =
iar ae

eee

: EDITOR, The Tribune.



The recent fanfare and what I must describe as the inac-

i curate journalism to the event the ground breaking for the
: new FBO, Fixed Base Operation, at the Grand Bahama
: International Airport yet again showed journalists rarely
i check their articles for accuracy.

I refer to the promise of 50,000 new arrivals-users in a year

which was a total misquote of the comment from Mr Gilbert,
i GM, Grand Bahama Airport Co.

You can wish all you like for an increase after this essen-

In the State of Florida, Mr Gilbert said there are 50,000

licensed pilots.

Possibly further the journalists showed have checked pre-

cisely how many private aircraft use the two FBO’s at LPIA
and contrast to what Grand Bahama receives.

Here is yet a perfect example of a journalist not checking

before they put pen to paper.

Government to join with GBPA by subsidising to the

? tune of $500,000 for the promotion of the Port Authority —
? today’s news is that Our Lucaya is laying off 200 employees
; — the hotel continues to struggle even under the Radisson
? marquee surely under the Hawksbill Agreement Act there
? is no position for the Public Treasury to be subsidizing
? such?

We wish an improved GBPA but they have to dig into

ABRAHAM MOSS
Nassau,
March 3, 2011.

their own funds - they sold a lot of shares in Grand Bahama
; Power recently surely they have funds?

PRIME OFFICE SPACE

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THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 5



LOCAL NEWS



Teenager in serious condition
after being attacked at party

A TEENAGER is in serious
condition at hospital after he
was mobbed by a group of men
while at a party.

The 19-year-old was chopped
in his head and also suffered
stab wounds to his lower back
early yesterday morning.

According to police, the Sev-
en Hills resident was at One
Stop Auto, Zion Boulevard,
when a group of men
approached him just after mid-
night.

Within the hour, police were
called to a shooting at Montagu
Ramp, Eastern Road.

A 28-year-old man was shot
in his side as he sat in a car with
a woman shortly after 12.30 am.

The couple were approached
by three men, one of whom was
armed with a handgun. It was
reported that the gunman
opened fire after the men were
unsuccessful in opening the car
door.

The 28 year old was taken to
hospital by emergency medical
services where he is listed in
serious condition.

As police continue their
investigations into both mat-
ters, they are also probing sev-
eral armed robberies that
occurred this weekend.

In separate incidents span-
ning two days, armed thugs
raided a gas station, drug store,
construction site and robbed

GOVT SOLICITING BIDS FOR OLD

CUSTOMS BUILDING DEMOLITION

AS work continues on the Arawak Cay Project Prime Minister
Hubert Ingraham revealed recently that the government is soliciting
bids for the demolition of the old Customs building.

"We are finally going to take down the old Customs building on
Arawak Cay. We are soliciting bids for it and the terms of the bid
is that the work is to commence April and be completed by June
of this year.

"We are now getting ready to complete the port at Arawak
Cay and a part of that is to move this warehouse. We also expect
to be able to have that same end of Arawak Cay as an inter-island
terminal facility,” he said. Prime Minister Ingraham said that mail-
boat operations are expected to be transferred from Potter's Cay
to Arawak Cay. He noted however that there is not yet a definite

plan for Potter's Cay.




Do Not Worry
Luke 12:22-34

Then He said to His disciples, “Therefore | say to you,
do not worry about your life, what you will eat; nor
about the body, what you will put on. Life is more than
food, and the body is more than clothing. 24 Consider
the ravens, for they neither sow nor reap, which have
neither storehouse nor barn; and God feeds them. Of
how much more value are you than the birds? And
which of you by worrying can add one cubit to his
stature? If you then are not able to do the least, why
are you anxious for the rest? Consider the lilies, how
they grow: they neither toil nor spin; and yet | say to
you, even Solomon in all his glory was not arrayed like
one of these. If then God so clothes the grass, which
today is in the field and tomorrow is thrown into the
oven, how much more will He clothe you, O you of
little faith? “And do not seek what you should eat or
what you should drink, nor have an anxious mind. For
all these things the nations of the world seek after,
and your Father knows that you need these things.
But seek the kingdom of God, and all these things[c]
shall be added to you. “Do not fear, little flock, for it is
your Father's good pleasure to give you the kingdom.
Sell what you have and give alms; provide yourselves
money bags which do not grow old, a treasure in the
heavens that does not fail, where no thief approaches
nor moth destroys. For where your treasure is, there


























your heart will be also.

two men, one of whom was
held up in front of his home.

On Friday afternoon, three
armed men burst into the office
of the T.G. Glover construc-
tion site on Pitt Road. Armed
with handguns, the robbers
escaped with an undetermined
amount of cash in a white 2006
Chevy Suburban that they stole
from an employee.

Police later found the vehicle
at Bain Street off Nassau Street.

Several hours later, two men
held up the Texaco Service Sta-
tion at Carmichael Road and
escaped with an undetermined
amount of cash and cell phone
cards.

The thugs pulled in to the
service station on a red and
white 650 trail motorcycle at
around 9.30pm.

According to the police, the
passenger put a towel over his
face after he entered the store,
pulled out a handgun and
demanded cash.

The next armed robbery was
reported early Saturday morn-
ing at Cordeaux Avenue and
East Street.

A 44-year-old man is in seri-
ous condition at hospital after
he was robbed and hit in the
head.

Just before lam, three men
demanded cash from a 44-year-
old man who was walking on
Cordeaux Avenue. After rob-
bing the man of his money, the
thugs struck him in his head
with an unknown object.

Two hours later, a man was
robbed by two masked and
darkly clothed men on his way
home at Barcadi Road. The
culprits, one of whom was
armed with a shotgun, fled west
on Carmichael Road after they
robbed him of his black 2000
Nissan Maxima, licence plate
number 8008.

On Saturday afternoon,
police were called to an armed
robbery at La Sells Drugs and
Notions, Kennedy Sub-division.

Two men, one of whom was
armed with a handgun, robbed
the store of a laptop, cell phone,
and an undetermined amount
of cash shortly before 3pm.

Anyone with any informa-
tion that might assist police in
their investigations into all
criminal matters should call
911, 919 or call Crime Stoppers
anonymously on 328-TIPS
(8477).

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PAGE 6, MONDAY, MARCH 7, 2011

LOCAL NEWS

THE TRIBUNE





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March 3rd - 30th, 2011



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Defence Force set
to put 60 recruits
through training

RBDF working to develop
and expand human capital

SIXTY recruits are
expected to enter training
next month as the Royal
Bahamas Defence Force
works to develop and
expand its human capital.

According to Minister
of National Security Tom-
my Turnquest, there are
1,060 officers and marines
currently employed by the
RBDEF. A total of 57 per-
sons retired last year.

“The training,” said Mr
Turnquest, “will ensure
that a skilled cadre of per-
sonnel is available to
replace personnel retiring
or resigning from the
Force. Over the past three
years, considerable focus
has been given to building
the Defence Force into the
effective and efficient sea-
going Force it is intended
to be, and instilling the
discipline and providing
the education and training

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MINISTER OF NATIONAL
Security Tommy Turn-
quest said there are 1,060
officers and marines cur- |
rently employed by the
RBDF. A total of 57 per-
sons retired last year.



necessary for these pur-
poses.”

Speaking at Grace
Community Church yes-
terday, Mr Turnquest
commended past and pre-
sent RBDF officers and
their families for their
“dedicated and exemplary
service” at their annual
church service.

While acknowledging
the many challenges faced
by the force as they pro-
tect “the sovereignty and
territorial integrity” of the
country, Mr Turnquest
praised the successes of
new policies, administra-
tion and programmes
implemented this year.

Role

Mr Turnquest said: “We
understand the wide range
your role encompasses
from sentry duties at
diplomatic missions, assist-
ing with disaster response
and relief, patrolling our
waters, to manning of light
houses and other naviga-
tional aids around The
Bahamas.”

He added: “You have
continued to patrol the
waters of The Bahamas to
deter and apprehend for-
eign poachers who plun-
der our marine resources
and illegal migrants, who
are trying to escape from
their own countries’ prob-
lems.

“Your unabated efforts
at deterring and appre-
hending those engaged in
the nefarious activities of
drug trafficking and ille-
gal firearms smuggling are

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commendable.”

During his speech, Mr
Turnquest reaffirmed the
government’s commitment
to the acquisition of more
manpower, assets, and
satellite bases in strategic
places as they move to fur-
ther decentralize the orga-
nization.

Mr Turnquest said:
“The Government is com-
mitted to the acquisition
of additional sea-going
assets to keep pace with
the capacity of the
Defence Force to effec-
tively crew and utilize the
assets. And, going for-
ward, a prerequisite for
recruitment to the
Defence Force is a pledge
to serve at sea.”

The decentralization
policy has surfaced the
concerns of some person-
nel, Mr Turnquest said,
who do not want to be
deployed outside of the
capital.

Protect

Mr Turnquest said: “It
must be understood, how-
ever, that the Defence
Force is primarily a sea-
going organization intend-
ed to guard and protect
the vast territorial waters
of The Bahamas. As such
there can be no escaping
of the requirement to be
posted at sea at certain
periods of one’s career
within the Defence Force
if one hopes to be reward-
ed with upward mobility.”

Satellite bases are now
on Inagua, Grand
Bahama, Exuma and Aba-
co, with continuing discus-
sions to establish a new
base in Ragged Island and
a permanent location in
Grand Bahama.

“While this is a chal-
lenging period for all those
involved in National Secu-
rity,” Mr Turnquest said,
“it is also one of the most
exciting times in the his-
tory of the Defence Force
as it undergoes significant
transformation and
upgrade.”

He added: “I urge you
to continue to be confi-
dent in your abilities, be
proud of who you are and
the institution that you
represent. There will be
challenges ahead but you
must continue to wear
your uniforms with pride
and honour, as we remain
committed to serving and
securing the citizens of this
nation.”
THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 7



LOCAL NEWS



di ie

eee mE ei
Fiore ane,

Baa yaa)
Santander

Banco Santander Bahamas International Bank Limited
Applications are invited from suitably qualified Bahamians for the following position:



ASSISTANT MANAGER — GROUP FINANCING



69TH ANNUAL
BAHAMAS RED
CROSS FAIR

Bachelor's Degree im Business Administration or Finance

A minimum of S years in banking with a large international institution.
Ability to speak and write English and Spanish fluently.

Experience in Analysis of Financial Ratios, Variance Analysis, Management
Information Systems, Forecasting, Budgeting, Accounting in the European
market and Management of Derivative Instruments.



SCENES from Satur- Knowledge and working experience with all Microsoft Office applications,
day’s 69th Annual Betty Ta ylor Ability to evaluate financial reports sent to our Head Office, create and/or
Bahamas Red Cross Fair. | implement new financial reports according to Head Office guidelines and

The event was held in t streamline the business segments.

the lower gardens of Gov-
ernment House Grounds
and featured rides, games,
food and fun for the whole
family.

Governor General Sir
Arthur Foulkes (centre
picture) was also present.

Pessimistic people keep
opportunities buried---not to
become alive again---but
an optimistic person will
ae retrieve all, and put them

Tribune staff
high on the mountain top

~ DBety Taylor

BLOW OUT SALE

ALL OLD INVENTORY MUST GO!

1998-2001 Hondo Meco $6/500.00
rr
1997 Toyota Wittd ott, ..crverniesesmreseenenar $6,900.00

Compensation aod other benefits commensurate with qualifications and experience

Applications in writing with details of education and experience should be addressed
to the Director of Homan Resources, Santander Bank & Trost Ltd., P.O. Box W-1682,
Asso, Bahames or vin fax te 32 79545 not later than March 14, 20101.



eee erie erence: IT’S A TIME
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SPECIAL GUEST SPEAKERS & PRESENTERS:
BISHOP CLAYTON MARTIN

General Presbyter

BISHOP DAVID BRYAN

Global Outreach Director

BISHOP ROBERT DAVIS

State Overseer of Florida

BISHOP JEFFERY DAVIS

State Overseer of North Carolina
BISHOP TIMOTHY COALTER
State Overseer of South Carolina
BISHOP CLARENCE WILLIAMS
Overseer of The Turks & Caicos Islands

BISHOP DON BROCK
MR. ELLISON GREENSLADE

Commissioner of Police

MINISTERING IN MUSIC ARE: The National
Convention Choir, the Convention Praise
Team, Tabernacle Concert Choir, and other
Church Choirs, Praise Teams, Soloists, and
Singing Groups. The Bahama Brass Band,
Bahamas Youth and Junior Brass Bands,
and the Crusaders Brass Band will provide
special music.

Monday, March 14th, 2011
Bishop Dr. Elgarnet B. Rahming, CMG,
DD, JP, National Overseer and Modera-
tor will deliver his Annual National Ad-
dress on Monday, March oS
ZNS Radio “aff and 810A

over

a ee,
W icc ON TO:

Sunday, March 20th, 2011

The Convention closes on Sunday, March
20th, 2011 with the Annual Parade and
Water Baptismal Service at the Western Es-
planade, and with the live ZNS Radio 1540
AM, 810 AM and ZNS TV 13 evening broad-
cast service. During this service, the National
Overseer, Bishop Dr. Elgarnet B. Rahming will
deliver the final message on the Convention’s
theme.

|

Moderator:/
PE eye ae F
ane B. {
Bee sc laterttetg
- Minister |
Jacqueline B. *
Rahming

aii! kadai - I Village Road 7 Shirley Street www.cogopbahamas.org a.
of How Serving ive Te 394.03 23 5 OR: 39 4-1 377 FOR Li W Ap the SESSIONS" i
~t Cormichoel Rood opposite Walk In Clinic Bring he familyyan Tia ay ble éd!



7 Tel: 341-1070/ 1 * Fax: 341-1072

For further oo call 322-3097 - =o



P pe
PAGE 8, MONDAY, MARCH 7, 2011

THE TRIBUNE



Compliance Commission checks money laundering

By GLADSTONE
THURSTON

Bahamas Information
Services

FROM blacklisting a
decade ago, financial services
in the Bahamas has rebound-
ed to sound footing thanks to
the diligence of the nation’s
compliance regimes.

They are responsible for
ensuring a clean industry, free
from abuse by money laun-
derers.

Stephen Anthony Thomp-
son, BSc MBA, CAMS,

Inspector at the Compliance
Commission, reflected on the
outcome of events that almost
derailed the Bahamas’ bur-
geoning financial services
industry.

“If there is one positive
thing coming out of the black-
listing,” he said, “it is that now
all regulators are working
together to make sure that
nobody will be able to per-
form those criminal activities
without being captured.”

A Certified Anti-Money
Laundering Specialist
(CAMS), Mr. Thompson

serves as liaison between the
Commission and regional and
international bodies, and par-
ticipates as part of The
Bahamas’ delegation to the
Caribbean Financial Action
Task Force plenary.

List

He assisted in strengthen-
ing The Bahamas’ regulatory
regime, which led to its delist-
ing and removal from the
Financial Action Task Force’s
monitoring list.

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* Ability to manage all aspects of client accounts, including collections

Successful candidates will be expected to manage an existing client
portfolio AND actively pursue new clients for the company.

Full training will be provided and an excellent commission based

remuneration package awaits successful candidates.

If you have what it takes to join our team we are waiting to hear from

Please send your applications to:

Bahamas, a Bac

: Le
in Reading from Bary i nn ne a ET ee Doctorate Deg
i PMU Deg eer em eB

sa em lJ afer ree

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Course Description:

DA 1257
c/o The Tribune
P.O. Bow N-3207
Nassau



ourner-

ouglass (_ollege

“Bringing Opportunity to the Community”

A Master Class Series

Beginning March 2011 - 2% Day Master Class in
INSTRUCTION OF READING

facilitated by Stacy Stubbs, Ph.D.

De. Stacy T. Stubbs lial EI Poet me Fale hereon =e ane College of Tha

ere w Me icy
ann ree SEL gale
1, and a recipient of a Lyford
dad bal Sie Be

Reading is the active process of constructing meaning from written text in relation tp the student's experience
and knowledge. The key to Successful lileracy instruction is fhe teacher, and ths course introduces tha

teacher to fhe techniques and principles of teaching Reading

The focus is on equipping the Reading teacher

fo.use a vanety of teaching approaches, strategies and materials ina balanced Reading program. Ht enhences
fie teacher's ability to understand students as leamers and to view neading and writing a5 oilical components

of the developmental proness,

Some Topics to Be Covered:
* Theor and principles of raeding
Strategies that develog phonological and
phonemic awareness for English speaking

students

Participants will receive:
* Course matenals
+ Certificate of Completion
+ 3 Graduate-level credits (applicable towards

fhe Master's degree in Reading)

The uae of varus spalling patiens

Techniques for assisting students to develon
word nacognilion skis through fie use
of sight words, context clues, structural
analysis, and dictionary stucty

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phonetically

functional words,

faachers
meqular

words, and content spacific wards

Effective teaching strabegies fordislinguishing
between different consonant and wowel

combinations

Techniques, equipnent and materials for
Bopropnale application of word skills and

slratagies
Other Topical Issues

Who Should Attend:
* Local and regional stakeholders presently in
Me K-12 sono! sysiem
* individuals aspiring to become Reading

* Private Reading instructorstujors

COURSE FEES:
Early Bird Special: $1,250.00

esa ee
Local Participants:
Naltsiars elit). iat- eon ee OOD

ister NC

aii)

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eee Eyal

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Class Dates Are: = th March (6-10pm), Saturday 19h March (9am-tom|, Sunday 20th March (Sam-tpm)

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Lawyers, accountants, real
estate agents, and credit
unions had been of special
concern to the monitoring
agencies. The Compliance
Commission addresses those
concerns.

Created by section 39 of the
Financial Transactions
Recording Act, the Compli-
ance Commission is the finan-
cial services’ regulatory body
with responsibility for the
non-banking sector — those
institutions not regulated by
the Central Bank of The
Bahamas, the Securities Com-
mission, or the Insurance
Commission.

It is an independent statu-
tory body within the portfolio
of the Minister of Finance. It
has three commissioners —
Philip Stubbs (chairman),
Rowena Bethel (executive
commissioner), former
banker Oswald Munnings.

Mr. Thompson is responsi-
ble for the Commission’s dai-
ly function.

Those institutions that fall
within the purview of the
Compliance Commission are
now required to submit to an
on site examination.

Business

“The only way we are able
to know what they do is for us
to go into their business and
check to see whether or not
they have policies and proce-
dures to prevent people from
laundering money and to
ensure that they are in effect,”
said Mr. Thompson.

In 2000, The Bahamas’
financial services industry was
negatively rated by the moni-
toring international commu-
nity.

There were three main
areas of concern, he recalled.
The Financial Action Task
Force (FATF) said The
Bahamas was not doing suffi-
cient to fight money launder-
ing; the Financial Stability
Forum said that because of
the size of the financial ser-

vices sector in The Bahamas,
the regulatory structure was
not as strong as it should have
been; and the Organisation of
Economic Cooperation and
Development (OECD) said
that The Bahamas was a tax
haven.

In response, the Govern-
ment passed 11 pieces of leg-
islation to strengthen the
financial services sector. One
was the Financial Transac-
tions Recording Act which
addressed the view that a cer-
tain group was being left
unregulated.

“Worldwide it was believed
that because the banks
strengthened their processes,”
he said, “people started look-
ing at other ways of getting
their money cleaned up.

“And so there came the
avenues of real estate brokers,
accountants, lawyers, credit
unions...and that is why the
Compliance Commission was
created, to look after that
group,” said Mr. Thompson.

He was convinced that
some of the criticism levelled
against The Bahamas leading
to blacklisting were not justi-
fiable.

“The main criticism in The
Bahamas was that not suffi-
cient persons were sure about
how we were regulating finan-
cial institutions,” he said.

“Because they would have
interviewed and spoken to
different people, they got dif-
ferent stories, and the truth
about it, J am not sure they
were able to make sense of
how we were regulating. I tru-
ly believe that we were regu-
lating.

“However because we were
not able to defend ourselves
and give them a proper story
as to how we were regulating,
they stepped away and said
“Those people, either they
don’t know what they are
doing, or they are involved in
criminal activity’.

“T do not think there was
much money laundering
going on. However because

of the way the regulators
operated, almost in silence,
we were not sure what the
others were doing.

“So, what the blacklisting
really did was to bring to bear
the importance of regulators
working together.”

As there are hundreds of
financial institutions to be
supervised, the law allows the
Commission to appoint inde-
pendent auditors to act as its
agents. It has been using pub-
lic accountants licensed by the
Bahamas Institute of Char-
tered Accountants (BICA).

Last week the Commission
and (BICA) brought into
effect a memorandum of
understanding crystallising the
administrative protocols
between them.

Features

The main features of the
document are:

The Commission will advise
BICA of each of those
accountants who request to
be its agents.

BICA will ensure that per-
sons who want to act as agents
of the Commission get the
requisite training. The Com-
mission has training seminars
each year for accountants and
only those that attend them
will be appointed agents.

Participation in the Com-
mission’s anti-money laun-
dering seminars will be equiv-
alent to BICA’s continuing
professional education hours
accountants need each year.

The Compliance Commis-
sion will be a part of BICA’s
annual Accountants Week.

The Compliance Commis-
sion then issues letters of
appointment to accountants
who qualify authorising them
to act as its agents.

And, as the financial ser-
vices industry grows, compli-
ance to financial services reg-
ulations is opening a new field
of vocation. More Bahamians
are becoming certified anti-
money laundering specialists.

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THE TRIBUNE MONDAY, MARCH 7, 2011, PAGE 9



LOCAL NEWS



D n n Fr r NEW DOWNTOWN BUSINESS OWNER:
Entrepreneur Denyse Lowe, proprietor of

Petal Party Ltd., arranges a unique floral

arrangement at the counter of her newly

sees the benefits of â„¢ FO oe a
revitalisation project

FREEPORT is said to
be reaping the benefits of
revitalisation efforts as
more than 30 businesses
have opened in the down-
town area between June
and February.

President of The Grand
Bahama Port Authority,
Limited (GBPA) Ian
Rolle, said the figures are
encouraging.

“The success of the
Downtown Turnaround
Project can be seen in the
increase of new businesses
in the city centre,” he said.

“The revitalisation has
brought about a new spir-
it, which has led to
renewed optimism
amongst store owners,” he
said.

Mr Rolle further noted
that along with the usual
retail establishments
catering to clothing, hair
or footwear, downtown is
beginning to attract a new
breed of entrepreneurs,



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He said: “We're defi-
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aoe downtown area can enjoy a greater array of items for sale as budding AOC eos ce ee _ C-Class is the perfect embodiment

as entrepreneurs offer innovative products. : : : :
entrepreneurial ideas.” : : so quickly and precisely in response of the Mercedes-Benz philosophy.

The GBPA has com-

oti ian ori EMPLOYMENT OPPORTUNITY

growth to that of the
International Bazaar CONSERVATION COORDINATOR

which suffered the closure OUR PARTS DEPARTMENT IS FULLY STOCKED WITH EVERY
of more than 50 of 85 busi- Nature Congernancy Nerthern Caribbean Program is COMPONENT NECESSARY TO ENSURE THAT YOUR MERCEDES
nesses there between 2004 on RUNS TROUBLE FREE. TRAINED TECHNICIANS ON DUTY.
and 2009, and then the
return of more than 35
businesses when the
GBPA introduced its one- tals q res eee mms
year business license Rie EM oe Rt CMs glee iets
exemption. Aleem Ser

Proprietor Denyse
Lowe, opened Petal Party
Ltd in downtown Freeport
two days before Christmas
and said her sales have
been phenomenal.

“When we opened,
there were no phones,
signs on the door, or
advertising but we did
extremely well through
just word-of-mouth and a
lot of foot traffic,” she

emeereees ANNUAL GENERAL MEETING

volume of customers
attracted her to the area

and she set up two stores BASRA Head qua rters,
in the Seventeen Centre, a

location she firmly M arc h 3 1 st 5 2 0 1 1
believes in after enjoying
successful Christmas and :

Valentines holiday sales. 7:30 pm.

“For persons consider-
ing Opening up in the All members are urged to attend

PTR Cees eg Meme carte ee eles atl

Tuitspisrd Cpe ed = should apedy in writing wilh full detads,



Bahamas Air Sea Rescue Association



downtown area, I'd tell . Tyreflex Star Motors
them not to be afraid,” Ms Refreshments will be served. Wulff Road, P. 0. Box N 9123, Nassau, The Bahamas, Tel 242.325.4961 * Fax 242.323.4667
Lowe said.

“There is a lot of activ-
ity, it’s busy and the feel
and atmosphere are
changing.”

The Downtown Turn-
around Project committee
and other governmental



You are cordially invited to attend

and non-governmental A presentation by Dr. David T. Conley
agencies have commenced PROFESSOR OF EDUCATIONAL POLICY AND LEADERSHIP
initial discussions about FOUNDER, CENTER FOR EDUCATIONAL POLICY RESEARCH, UNIVERSITY OF OREGON

planning upcoming activi-
ties for the downtown

area. ° °
Mr Rolle said: “We are YO! Via
excited about the city’s re- Suiitiiag CPA EEO’ CL tidliiy

development thus far and
look forward to increased

growth. NEXT STEPS FOR CREATING

“Research has shown A COLLEGE AND CAREER READY CULTURE
that downtown festivals +> The rapidly changing world offers tremendous opportunities for The Bahamas
have and continue to pro- to grow and thrive as a nation. Every Bahamian has a role in charting the path,

vide the venue for the



az
including teachers, business leaders, community members, parents and students.

athering of people and i
tbat eareoik of art This session will discuss the next steps in developing a culture of college Waotan eo
and culture. As evidenced and career readiness in the home, school, and community.
by the ‘Angels of Hope’

Christmas Concert held in Thursday, March 24th, 20114

December, business own-

ers and residents are 7:00 pm - 9:00 pm

thrilled with the transfor- INDEPENDENCE BALLROOM B

mation that has taken SHERATON NASSAU BEACH RESORT, WEST BAY STREET

place downtown and are

eager for cultural events Admission is free of charge and there will be a question and answer session

and related activities to
return to the city’s cen-

tre.” RSVP T 362 4910 or email speakerseries@lyfordcayfoundation.org COLLEGE CONNECTIONS THE SPEAKER SERIES
PAGE 10, MONDAY, MARCH 7, 2011

Leet ey.

PROPERTIES LISTED FOR SALE

Contact Account Officer listed below by using number code for each property.



HOUSES/APARTMENTS/COMMERCIAL BUILDINGS

NEW PROVIDENCE

801) Lot#18 in Sandilands Allotment on the
western side of Crosswind Road between Sea-
breeze Lane and Pineyard Road in the Eastern
Distract of The Island of New Providence-The
Bahamas, containing single storey private resi-
dence comprising the following: covered en-
ry porch, living room, dining room, kitchen,
aundry room, family room, sitting area, 4 bed-
rooms, 2 bathroom and patio. The total area
ofland is approximately 7,641 sq ft. Appraised
value $238,900.

801) ‘Two parcels of land containing 21,120
sq.ft. situated on the southern side of East
Shirley Street and 100 feet west of its junction
with “Shirlea” in the Eastern District of the Is-
and of New Providence — The Bahamas. Situ-
ated thereon is a Gas Station and Auto Repair
Shop. Appraised value $492,000.

805) Single Family Residence located on the
Northern Side of West Bay Street, and immedi-
ately East of Caprice Condominium Complex
Cable Beach). The home of 5,854 square feet
consist of 5 bedrooms, 4 1/2 bathrooms, de-
ached building (double car garage) is 686 square
eet, with reinforced sea wall, swimming pool &
deck. The waterfront property has aland size of
20,994 square feet. Appraised Value $1,512,571

801) All that parcel or lot of land being Lots
#10 and 11 in Block 29 of Coconut Grove Sub-
division, containing a shopping plaza. The lot
is trapezium in shape, 8,383 square feet. Ap-
praised value $315,000

803) All that piece or parcel of lot contain-
ing 6,887 sq ft. situated on the Eastern side of
East Street North. The property is completely
utilized by a commercial building. Erected on
he property is a two storey masonry structure
with gross area consisting of the following: Floor
Ground & Second) - 3,341 sq.ft, Storage - 5,320
$q.Ft, Lunch Room - 715 sq.ft, Patios & Walk-
way - 1,500 Sq.Ft. Appraised value TBA

803) All that piece or parcel of lot contain-
ing 8,075 square feet situated on the Northern
side of Sands Lane Fort Fincastle City District.
The property is commercially zoned with an old
Bahamian style building constructed of wood
tame with cement stucco walls. The building
has a ground floor porch, 4 Offices, Reception,
‘itchenette and Storage. Upper level - 2 Offices,
Conference room, | Bathroom & Storage. The
oor is approximately 2,500 square feet with
porch area 190 sq.ft. Appraised value TBA

811) Residential/Commercial property, lot#
37, located Culmersville, Eastern District, New
Providence with a size of 4800 sq. ft. The prop-
erty contains a 2 storey 1500 sq ft building, up-
et level: 2 bed 1 bath apartment, lower level:
Beauty salon. The building finishes: 8” concrete
block wall, 4” concrete partitions, asphalt shin-
gle roof, tiled floors, wood ceilings, private wa-
er system, standard electrical and plumbing
fixtures, central air-condition (split system),
burglar bars. Appraised value $191,000.

811) Two lots #248 & 249 located Dorsettville
Subdivision, Southern District, New Providence
on which an incomplete building is situated.
The properties are residentially and multi-fam-
ilyzoned, with graded, incomplete landscaped
and fenced in on 3 sides. The building is 4266
sq ft with a 2 storey multi-family at the roof
stage with 1 bedroom unit attached. There are
accommodations for the upper floor: 4 units
bed 1 bath each- 3 units, 1 bed 1 bath each,
Lower floor - 2 bed 1 bath. Garage converted
‘0 1 bed 1 bath, which is 90% completed with
a tenant. Appraised value $296,000.

801) Single-family/ multi-family residential
roperty situated 1/4 mile east of South Ocean
Boulevard in the Western District of New Provi-
dence consisting of a portion of lot #15 comprised
of 0.472 of an acre containing a 3 bedrooms, 2
/2 bathrooms residence and three residences
under construction; Appraised value $250,000.00.
Other portion of lot #15 vacant, comprised of
0.574 of an acre; Appraised value $170,000.

901) Parcel of land situated in the subdivision
of Gleniston Garden 11,250 sq ft Lot#9 block 20
in the district of New Providence containing a

0 storey residence, ground floor contains a
itchen, dining room, lounge, a family room,
a veranda at the front and side with a patio to
he back of the house. The upper floor con-
ains 2 bedroom, 2 bathrooms, walk in closet
and a storage area with a balcony to master
bedroom. Approx size of building 2900 sq ft.





























NEW PROVIDENCE

801) Vacant property located 40 ft. east of
Balls Alley on the northern side of East Shirley
Street and known as “Old Plantation Inn”, in the
eastern district of New Providence. Property size
7,113 sq.ft. with open zoning. Appraised value
128,000.

801) Three single-family/ multi-family resi-
dential vacant parcels of land being Lots # 10,
1 & 12 situated on the Southern side of Fire
[rail Road in the Western District of New Provi-
dence. Property sizes are Lot #10 - 8,967 sq. ft.,
Lot #11 - 9,015 sq.ft, and Lot#12 - 6,774 sq.ft.
Appraised value: $85,000 for each lot.

801) Vacant Lot No. 1A, located on the east-
ern side of Fox Hill Rd., 235 feet north of Prince
Charles Drive, Nassau, Bahamas. The openzoning/
multi-family property size is approx. 10,322.05
sq.ft Appraised value $150,000.

569) Lot ofland in the subdivision called and
nown as EASTERN ESTATES in the Eastern
District of the Island of New Providence being
Lot Number 14 in Block Number 9. property is
approx 7,044 sq.ft. Appraised Value TBA.

569) All that piece parcel or lot of land be-
ing Lot No. 977 in the Subdivision called an

nown as “PINEWOOD GARDENS’ situated in
he Southern District of the Island New Provi-
dence. Appraised value $65,000.

569) All that piece parcel or lot ofland locate
on Marigold Road in the Subdivision known as
Kool Acres. Lotis approx. 7145 sq. ft. Appraise
value $93,000.

569) Vacant lot single/family zoning. Lot #
21 of the subdivision called “Southern Shores” /
Canaan Subdivision located on Marshall Road.
roperty size is some 67.86 feet on the sub roa
and 84.49 on one side, 55.21 at the back an
some 85.61 on the other side of 5,475 sq ft o
and space. Appraised value $86,000

569) Undevelopedlots # 4A, 16,17, 18and19
ocated Chapman Estates, West Bay. Appraise
value $348,000.

569) All that piece parcel or lot ofland being
Lot #11 of the “Lee Acres” subdivision situate in
he vicinity of Sandilands Village in the Eastern















COMMERCIAL BANKING CENTRE
Tel: 242-356-8568

(800) Mrs. Monique Crawford

(801) Mr. Jerome Pinder

(802) Mr. Brian Knowles

(803) Mr. Vandyke Pratt

(804) Mrs. Hope Sealey

(805) Mrs. Tiffany Simms O’brien
(806) Mrs. Lois Hollis

(807) Mr. Lester Cox

(808) Mrs. DaShann Clare-Paul

(811) Ms. Lydia Rahming

PALMDALE SHOPPING CENTRE

Tel: 242-322-4426/9 or 242-302-3800
(201) Mrs. Patrice Ritchie

Appraisal TBA

569) Lot#27 of Village Allotment #14 in the
Eastern District, containing residence situated
on Denver Street off Parkgate Road in the Ann's
Town Constituency, New Providence. Proper-

size 2,500 sq. ft. Building size 990 sq. ft. Ap-
raised value $50,000.

569) Lot#2in block #8, Steward Road, Coral
Heights East Subdivision situated in Western
District of New Providence, approx. size 8,800
sq. ft. with a split level containing two bed, two
bath, living, dining & family rooms, kitchen and
utility room - approx. size of building 2,658 sq.
ft. Appraised value: $322,752

569) Lot#20 with residential property located
Skyline Heights. Appraised value $280,000,

569) Lotofland being lot number 11 in Block
number 10 ona plan of allotments laid out by
Village Estates Limited and filed in the dept of
Land & Surveys as number 142 N..P and situ-
ated in the Eastern District of New Providence.
roperty contains three bed, two bath residence.
Appraised value $165,000.00

569) Lot B50 ftx 115.73 ft situated on the
north side of Shell Fish Road, being the third
ot west of Fire Trail Road and east of Hamster
oad with a one half duplex residential prem-
ises. Appraised value TBA

569) Lot#17 located Village Allotment with
ourplex — value - $500,000

569) Property situated on Williams Lane off
Kemp Road, New Providence, Bahamas con-
aining a two-storey house and an apartment
building consisting of 1800 sq ft. Appraised value
100,000.

569) Lot of land situated on Fire Trail Road
being a partition of Gladstone Allot #41 New
Providence, Bahamas containing townhouse
apartment unit and two proposed units (com-
leted as is). Appraised value $237,714.

569) All that piece, parcel or lot ofland situ-
ated on Cowpen Road (1000 ft east of the Faith
Avenue Junction) inthe Southern District of New
rovidence, Bahamas containing a duplex apart-
ment comprising of two - 2-bedroom/1-bath-
room apartments. Appraised value $175,000.00.

569) Lot ofland#382 situate on Chestnut St.
in Pinewood Gardens in the Southern District
of the Island of New Providence with a partially
constructed concrete residence thereon. Ap-
raised value TBA.

565) Lot# 1018 in Golden Gates Estates #2
Subdivision situate in the South Western Dis-
tict of the island of New Providence Containing
a single storey private residence 3 bedroom 2
bath. Property approx. size 6,000 sq. ft. Build-
ing approx size 2,400 sq. ft. Appraised Value













Lot # B Block B situate on Rosedale
in the Carey’s Subdivision containing
a four bedroom two bath residence. Building
size 1,234 sq.feet. Property size approx 4,500
sq ft. Appraised Value $149,000.

569) Single storey triplex, situated on Lot 615,
Mermaid Boulevard, Golden Gates #2 in the
Western District, New Providence. Two - two
bedrooms, one bathroom units and one - one
bedroom, one bathroom unit. The property is
zoned as Multi Family Residential, measuring
9,092 sq ft with the living area measuring 2,792
sq ft. Appraised value $374,192.00

569) All that Southwestern Moiety or Half Part
of a Lot of Land being part of a Tract of Land
now or formerly called “ANNSTOWN’” situate
Six Hundred and Ten (610) feet Southeast of
and of New Providence aforesaid and set out
as Lot #35 containing a duplex. Property size
50 ftx 50 ft Appraised $61,000.

569) Lot# Aand Bon Northern side of Car-
michael Rd. Nassau with building and foun-
dation for a warehouse. Property size 15,780
sq.ft). Appraised value $325,000.

569) Allthat piece parcel or lot ofland situate
on the East Side of Miller's Road and 2763.58
t South of Carmichael Rd. being Lot #B con-
aining a Triplex Property size 80’ x 100’ (8,000
sq.ft) Appraised Value TBA.
569) Lot #2, Block #5, Englerston Sub-Di-
vision, Southern District of N.P. containing a
artly completed building . Property size ap-
rox. 3,535 sq.ft. Appraised value $84,000













District of the Island of New Providence. Ap-
raised Value TBA.

569) All that piece parcel orlot ofland num-
bered Lot #3 being a portion of Lot #24 Crown
Grant A8.44 situate Road off Carmichael Roa:
in the Southern District of the Island of New
Providence. Property is 5075 sq ft. Appraise
value $50,000.

569) All that piece parcel or lot of land si
ated on the northwest comer of Butler's Lane
& Romer Street, Fox Hill in the Eastern Distric
of New Providence. Appraised value. $57,000.

723) All that piece parcel or lot ofland being
Lot #5 in Block #9 in the Subdivision known as
Millar Heights situate in the Western District o
he Island of New Providence. Property is 75’ x
00’ approx 7,500 sq.ft. Appraised value TBA.









569) All that piece parcel or lot ofland locate
Coral Heights East. Appraised value. TBA.

570) Allthat piece parcel or lot ofland known
as Lot# 5 being aportion ofalarger tract oflan
nown as Lot # 11 of Southern Shores Subdi-
vision situate in the Southern District of the
sland of New Providence. Property is 62.22’ x
09.29’ approx 7,019 sq.feet. Appraised Value
80,000.

569) Lot of land being Lot #5 in block #5 in the
Subdivision called and known as Baillou Dale
situated in the Southern District in the Island
of New Providence, Bahamas. Appraised value
TBA.

569) All that piece parcel or lot ofland being
Lot #5 of the Forest Drive Subdivision situated
South of Camperdown Drive and approx.300
.West of Culberts Hill Drive located in the East-
ern District of the Island of New Providence.
roperty is 15,681 sq.ft. and is hill top. Appraised
value $201,000.00.
569) Lot of land being Lot #21 Grantanna
Subdivision situate in the Western District of
he Island of New Providence in the Common-
wealth of the Bahamas. Property is approx 6,505
sq.ft Appraised value $80,000.

571) Lot of land being a portion of Lot #5
of block E situated in Garden Hills Subdivision































008) Propertycontaining 3 bed bath home
Single Family Residence. All that piece of par-
cel or lot ofland being Lot. Number 2819 lying
within the Subdivision known as Cedar groves
Estate situated in the Southern District of the Is-
and of New Providence in The Commonwealth
of the Bahamas. Property Size 8,250. Appraised
Value $157,100.00

569) All that piece parcel or lot of land situ-
ate North of Believers Gospel Chapel, Prince
Charles Dr. identified as Parcel “B” and con-
aining thereon a four unit Apartment Com-
plex. Property size is 20,931 sq ft. Appraised
value $447,600.

569) All that piece parcel or lot of land situ-
ated in Englerston being Lot #12 and #13 con-
aining an incomplete triplex apartment . Ap-
raised value$195,000.

569) All that piece parcel or lot of land situ-
ated Pinewood Gardens containing thereon a
hree bedroom residence. Appraised value $
85,000.

569) All that piece parcel orlot ofland num-
bered Lot #262 Australia Blvd., Elizabeth Estates
containing thereon a Three (3) bedroom tresi-
dence. Appraised value $110,000.00

569) All that piece parcel or Lot ofland num-
bered 1802 in the area called and known as Pine-
wood Gardens Subdivision on the island of New
Providence and contains thereon a 1,449 sq.ft.
building. Said Property is 5000 sq.ft. Appraised
Value $179,000

569) All that piece parcel or Lot ofland num-
ered #35 and #36 in Block #23 in the area called
and known as Nassau Village Subdivision on the
island of New Providence and contains thereon
a 915 sq.ft apartment building. Said Property
is 5000 sq.ft. Appraised Value $178,000

569) Lot #201 Arawak Avenue of Pyfrom Es-
ates Subdivision situated in the Eastern Dis-
rict, New Providence Island and containing
hereon a 3-bedroom residence. Lot approx.
6,000 sq ft. (60’ x 100’). Appraised value TBA

301) Lot#659 on the northwestern side of
Malawi Street, Elizabeth Estates East Phase 2, Ya-
macraw constituency, New Providence island.
Lot of the land - 5,085 sq ft. with a 22-year old
single level residence, 3 bedrooms, 1 bathroom.
Appraised value $94,871

569) All that piece parcel or plot ofland com-
prising 2,513 sq.ft. situated on the Eastern side of
Armstrong St. and approx. 30ft. north of Shirley
St. containing a two-storey wooden structure.
Appraised Value $152,325

569) Lot of land on the east side of Miller's
oad (now known as Bacardi Rd) and 2,763.58
eet south of Carmichael Rd in the Southern Dis-
rict of the Island of New Providence and con-
aining thereon a duplex (2bed 1 bath).Build-
ing is 1,616 sq.ft. and property is 8,071 sq ft.
Appraised value $180,000.

569) _ Lot ofland being Lot #A4 of the subdi-
vision known as Johnson Estate situated in the
Eastern District, N.P, and containing thereona

‘0 storey concrete building. Appraised value
277 ,000.

569) Lot oflandknownas Lot #231 in Treasure
Cove Subdivision situated in the eastern District
of New Providence and containing thereon a
3-bedroom 2-bath residence with swimming
pool and other amenities. Building is approx
,775 sq.ft and property is 6,200 sq.ft. Appraised
Value $474,340.

569) Lotofland in Shirley Heights Subdivi-
sion being Lot #8 Block 21 containing thereon
a 3-bed 2-bath concrete building. Appraised
value $155,000.

571) Lot Number 223, Coral Harbour Water-
ways Subdivision, Western District, New Provi-
dence containing a split level 5 bed 4 1/2 bath
residence, Living space is 5,200 sq.ft. Property
is 10,654 sq.ft. Appraised Value $992,000

569) Lot of land being Lot number 676 in
he Subdivision called and known as Pinewood
Gardens situate in the East-Central District of
he Island of New Providence and containing
hereon a 3-bedroom 1-bath concrete residence.
Appraised Val TBA.

569) Lots ofland being Lots number 359 and
674 in the Subdivision called and known as Sta-
pledon Gardens situate in the Western District of
he Island of New Providence, containing thereon
rental units. Appraised value TBA





















































VACANT PROPERTIES

in the Southern District of the Island of New
Providence. Property is vacant and measures
9,406 sq ft. Appraised Val $312,000.

571) Lot ofland being Lot #24 in a Subdivision
nown.as and called “Rhoda's Vineyard situate
in the Southwestern District of New Providence.
Prop. is 7,256 sq.ft. Appraised value $90,700.

569) Lot of land having an area of 7000 sq.ft.
being Lot #12 Yamacraw Beach Estates in the
eastern district of New Providence. From the
intersection of Fox Hill Rd and Yamacraw Hill
monto Yamacraw Hill Road, take the firs
rner on the right, take the first left and prop-
y is second property on the right. Appraise’
ue $9 1,000.

9) Lot #2 situated on the western side of
Iden Isles Road South of Carmichael Rd. in the
stern District of New Providence. Appraise
ue $65,000.00.

569) Lot ofland situate offCowpen Road an
ounded by Silver Gates Subdivision measur-
ing 90’ x 110’ and zoned multi-family. Appraise
value $118,000.

565) Lot of land situate in the Western Dis-
tict of the Island of New Providence being Lo
1B of Coral Harbour Village Subdivision. prop-
erty is 25 sq.ftx 70 sq.ft. Appraised value TBA.

008) All that piece parcel oflandlot #5 & 6 in
he Nassau Village Subdivision situated in the
Holy Cross Constituency in the Eastern Distric
in the island of New Providence. Containing a

single family concrete dwelling. Appraised value
BA.















570) Lotofland being Lot# 15 Block #17 on
he Eastern side of West Avenue located in Miller's
Heights Subdivision. Property is zoned multi-
amily and is 75’ x 100’ (7,500 sq.ft.). Appraised
value TBA

FREEPORT

801) Vacant property located Bahamia South.
Block 16 lot 9A, Freeport, Grand Bahama con-
sisting of 24,829.20 sq.ft. Appraised value 52,000.

802) Vacant Commercial Lot No: 3A, Block
60 Bahamia Subdivision VI containing 3 acres
located Freeport, Grand Bahama. Appraised
Value $463,914.



OFFICERS

NASSAU MAIN BRANCH

Tel: 242-322-8700

701) Mr, James Strachan

301) Ms. Thyra Johnson

304) Mrs. Alicia Thompson
MACKEY STREET BRANCH

Tel: 242-393-3097

601) Ms. Nicole Evans

JOHN FE. KENNEDY DRIVE BRANCH
Tel: 242-325-4711

401) Mr. Robert Pantry
PARADISE ISLAND BRANCH
Telephone: 242-363-1404

550) Ms, Cherelle Martinborough

Tel: 242-393-7505/8

501) Ms. Nicola Walker
505) Ms. Patricia Russell
CABLE BEACH BRANCH
Tel: 242-327-6077

466) Mr. Derek Sturrup







PRINCE CHARLES SHOPPING CENTRE

LOAN COLLECTION CENTRE
Tel: 242-502-5170/502-5180
716) Ms. Quincy Fisher

717) Mrs. Nancy Swaby

723) Ms. Deidre King

725) Ms. Marguerite Johnson
565) Mrs. Catherine Davis
569} Mrs. Vanessa Scott

570) Mr. Elton Kemp

571) Mrs. Faye Daniels

572) Mr. Ryan Brown

573) Ms. Annisha Wilson
NASSAU INT’L AIRPORT

Tel: 242-377-7179

433) Mrs. Renea Walkine
LYFORD CAY BRANCH

Tel: 242-362-4540 or 242-362-4037
101-N) Mrs. Lindsey Peterson
GOVERNOR’S HARBOUR,
ELEUTHERA

Tel: 242-332-2856/8

902) Ms. Evette Burrows
HARBOUR ISLAND BRANCH
Tel:242-333-2230

901) Ms. Velderine Laroda





808) Lot of land situate on the Northern side
of Delancy Street with newly constructed 2-1/2
storey office building. Property size is approx.
4,938 sq. ft. Appraised value $992,000.

501) Lot ofland with rental complex situated
in Union Village Nassau, Bahamas. Appraised
valued $50,000.

569) Lotoflandsituate on the Southern side
of Martin St and containing thereon a trip
2) 2bed 1 bath units and (1) lbed 1 bth uni
and a duplex (2) 2 bed 1 bth units. Property i
7,245 sq.ft. Appraised value: TBA

569) Lot of land referred to as Lot #1 in the
immediate vicinity of Golden Gates #1, which
is located on the western side of Mutton Fish
Drive approx 970 ft south of Bird Road in the
Southern District of New Providence. Property
contains thereon a Car Wash Shed-571 sq ft,
office(Beauty Salon)-204 sq ft, Restaurant and
Bar Bldg — 1,490 sq ft. Total property is approx.
5,000sq ft. Appraised value TBA

573) Lot ofland situate in the Southwestern
District of the Island of New providence and be-
ing Lot#13 of the Subdivision called and known
as Sunshine Park Estates.containing thereona
60’ x 30’ foundation for a duplex. Property is
5,000 sq.ft. Appraised value $65,000.

571) _Lotofland being Lot #6 situate in Gar-
den Hills #2 Subdivision in the Southern Dis-
tict of the Island of New Providence and con-
aining thereon a partially completed shopping
plaza which measures 8,960.sq.ft Property size
is 17,000 sq.ft. Appraised value $448,000.

571) Lot ofland situated in Boughton Estates
ocated immediately south of Southern Heights
Subdiv. And north of Cowpen Rd. and contain-
ing thereon an incompleted duplex bldg. Prop.
8 8,737 sq.ft. bldg is 1,740 sq.ft. Appraised value
131,000.

572) Lot ofland situate in the Eastern District
of New Providence being Lot #4 Wulff Road and
containing thereon an office building. Property
is 4,500 sq. ft (50’ x 90’) Appraised value TBA

571) Lotofland being referred to as Parcels
A&B situated on comers of Nassau Street and
olhemus Street and containing thereon a single
storey concrete church building approx 1,868
sq.ft. Property is 10,071 sq.ft. Appraised value.
217,960.

725) Lot of land referred to as Lot #3 Block
#1 in Churchill Subdivision 100 feet North of
Soldier Rd in the Eastern District of the Island
of New Providence and containing thereon a
concrete Triplex apartment building, Property
is 4,750 sq.ft. Appraised value TBA.

(801) All that piece, parcel or lot oflandcon-
taining approx 35,957 sqft, located on the South-
ern Side of Bernard Road, approx 500 feet West
of St. Augustine College Entrance. The property
contains two concrete block structures and a
wooden work shed, which houses a tyre and au-
tomobile repair shop. Appraised value $490,478.

(572) Lot ofland being Lots #14 and# 15 Block
#3 in Shirley Heights Subdivision on the north-
em side of Winchester Street and containing a
business office and warehouse building. Prop-
erty is 15,797 sq ft. Appraised value TBA

572) _ Lotofland being Lot# 12 onthe Northern
side of Poinciana Drive and containing thereon
a two-storey building. Appraised value TBA



































FREEPORT

(008) Single Story tri-plex building, one 2
bedrooms and two 1-bedroom located on a
multi-family Lot No.4, block 3, Shirley Lane,
section 1, Bahama Reef Yacht & Country Club
Subdivision, Freeport Grand Bahama. Property
size is approx. 16,621 sq. feet. Appraised value
$348,000.

(103) All that piece parcel of lot of land and
improvements thereon knownas No.3 block 31
Bahamia Marina & Section IX located in south-
western city of Freeport Grand Bahama Island.
Approx. 13,070 sq.ft. or 0.30 acres property con-
tains duplex dwelling Appraised value $300,000.

(101-F) Residential Canal Lots 30, 31 & 32, Block
1, Pine Bay Subdivision Freeport, Grand Baha-
ma, containing two storey House, 4 bed, 3 baths
Situated on 1.62 Acres ofland. Appraised value
$1,372,200



108) Vacant Single Family Lot #5 Block F Ba-
hamia South Sub, Freeport, Grand Bahama.Ap-
raised value $35,700.

569) Undeveloped lot #149. Seafan Lane, Lu-
cayan Beach Subdivision. Grand Bahama, 18750
square feet. Appraised value: TBA

569) Vacant land Lot #8, Block #19 at Baha-
mia West Sub Division (Port Area) of Freeport,
Grand Bahama Property size approx 25,500 sq
ft. Appraised value $65,000.

569) All that piece parcel or lot ofland being
Lot #1, Block N situated in Bahamia South Sub-
division, Freeport, Grand Bahama. Appraised
value $30,000.

571) Lot 89, Block 7 Aberdeen Drive, Baha-
mia West Replat Subdivision, Freeport, Grand
Bahama, consisting of 12,100 sq ft. Appraised
value $51,000.

569) Vacant property consisting of Lot #894
situated in the Freeport Ridge Subdivision, Sec-
tion#1, Freeport, Grand Bahama, Bahamas. Ap-
raised value: TBA

571) Lotofland being number ten (10) Block
Number Three (3) Bristol Bay Subdivision, Unit
One (1) in the City of Freeport in the island of
Grand Bahama, Bahamas. Property is approx
0,42 acre. Appraised value $55,000.

811) Vacant Lot of land located West End
Grand Bahama containing 8581 square feet or
.20 acres situated in Ginn Sur Mer subdivision,
in the island of Grand Bahama. Appraised value:
575,000.00.

811) Vacant lot of land #476, Versailles Sur
Mer Club & Resort, West End Plat No. 3 subdi-
vision, on the island of Grand Bahama, Baha-
mas. Appraised value $560,000.

910) Lot #16, Unit 5, Block 22 Clearwater Cove,
Lincoln Green Subdivision Grand Bahama, tesi-
dential property. Appraised value: TBA.

565) Lot of land situate in the Queen's Cove
Subdivision on the Island of Grand Bahama,
one of the Islands of the Commonwealth of the
Bahamas and being Lot #24 in Block 19, Section
. Lotis 75 sq ftx 125 sq.ft. Appraised value TBA.















ANDROS TOWN BRANCH
Tel: 242-368-2071

0) Ms. Bianca Simms
MARSH HARBOUR, ABACO
Tel: 242-367-2420

908) Mr. Julius Seymour
909) Mrs. Sylvia Poitier

910) Mr Kermit Curry
BIMINI BRANCH
Tel:242-347-3031

105) Ms. Italia Beckford
GRAY’S, LONG ISLAND

Tel: 242-337-0101

100) Mrs. Lucy Wells
EXUMA BRANCH

Tel: 242-336-3251

008) Ms. Joycelyn Mackey
FREEPORT, MAIN BRANCH
Tel: 242-352-6631/2

101-F) Ms. Garnell Frith
102) Ms. Elaine Collie

103) Mrs. Damita Newbold-Cartwright
108) Ms. Sylvie Carey
SPANISH WELLS

Tel: 242-333-4131 or 242-333-4145
560) Mr. Walter Carey









THE TRIBUNE



LOCAL NEWS



PLP caniidate says
people with new vision
are needed in politics

JEROME Gomez, the
PLP’s candidate for Kil-
larney, told a radio audi-
ence that persons with a
new vision are needed to
help bring about change in
the country's political
landscape.

Speaking as a guest last
week on the talk-show
“Jeffrey,” Mr Gomez said:
"We have the concept that
more young people should
get into politics.

“T believe it should be
more new people. There
has to be a changing of the
landscape now.

“We need a new vision,
we need some new blood,
whether it is old or young
but we have got to change
the direction we are going
in this country to make ita
better place," Mr Gomez
said.

Regarding the Progres-
sive Liberal Party, Mr
Gomez said: “I believe the
party still believes in help-
ing those who are down-
trodden. I believe it has
some things it needs to fix,
however, but I think it still
has its focus on achieving
empowerment of people.”

On the issue of the par-
ty rebranding its image Mr
Gomez said: "The party
can only do that through
zero tolerance for any-
thing corrupt and any per-
ception of corruption.

“For someone who is
going in public life you
have to put yourself out
there to be criticised and
people expect a higher
standard from you.

“So, aS soon as you
breach that trust I think
you ought to be made to
resign your post and the
party should put the pres-
sure on you to do so.

“We as a party have to
resort to a zero tolerance
towards corruption and
any form of conflict of
interest for people to see

change."
Regarding criticism of
party leader Perry

Christie's ability to lead
and be decisive, Mr
Gomez said: "It’s unfortu-
nate that Mr Christie has
let it stick to him.



PLP CANDIDATE
Jerome Gomez

“He has a good and
clear mind, he has a vision
for the Bahamas."

However, Mr Gomez
said that while he does see
some disharmony in the
party, he believes it can be
fixed.

"We have to accept the
fact that we will pull
together our ranks, line up
behind our leadership and
move forward in this next
general election.

“Everybody wants to
lead, everybody believes
it’s their time now. That's
the thing with politics," Mr
Gomez said.

Mr Gomez also noted
that young Bahamians
often feel as though their
Opinion does not count.

"We need some active
way of young people being
able to express their
views," Mr Gomez said.

He also noted that many
Bahamians are beginning
to feel like second class
citizens, losing out on their
share of the economic pie.
“We must build them up
to feel this country is for
them and that the oppor-
tunities are for them first,"
he said.

REAL ESTATE: Start
at the beginning

By MIKE LIGHTBOURN

WHAT'S the first question
you ask yourself when you’re
ready to buy a home or a
property? It should be,
“How much can I afford?”

Without that crucial piece
of information, you can’t
even begin your search. Fig-
ure your monthly income
and debt payments and
determine how much you can
put down.

Now, apply for pre-
approval from a number of
our local lenders, to shop for
the best interest rate and
terms.

Generally, the interest rate
is fixed and is adjusted up or
down depending on the
Bahamian prime rate.



Now, what do you want out of your new purchase? Do
you want to be close to town, close to where you work,
east, west, south, single family home, condo, vacant property,

etc?

Now that you’ve figured out what you’re looking for and
what you can afford, locate the general or specific neigh-
bourhoods that satisfy your requirements. Your BREA
real estate agent can help you further in answering your

questions.

Find your BREA agent through referrals or an interview

to get the right “chemistry.”

You can browse listings online, but your agent should
be able to provide a list of suitable properties quickly if

they are available.

Make appointments with your agent to go to the next
steps. My upcoming column will guide you through the

next steps!

(Mike Lightbourn is president of
Coldwell Banker Lightbourn Realty)
THE TRIBUNE

CARIBBEAN NEWS





ACTOR Sean Penn at the
Miraflores presidential palace.
Penn is ona one-day visit to
Venezuela to talk with Chavez
about his aid work in Haiti.
(AP)

SEAN PENN
THANKS HUGO
CHAVEZ FOR
HAITI AID

CARACAS, Venezuela
Associated Press

SEAN PENN thanked
Venezuelan President
Hugo Chavez on Saturday
for supporting the actor's
relief organization in
Haiti, saying the aid has
helped its humanitarian
work in distributing medi-
cines.

Chavez met with Penn at
the presidential palace and
praised the actor's efforts
with his J/P Haitian Relief
Organization, which was
founded in response to the
catastrophic 2010 earth-
quake in Haiti.

Neither provided details
about how much financial
assistance Venezuela has
provided to the group.

The Oscar-winning actor
noted that in addition to
Venezuela's financial help,
his organisation has also
received support from the
U.S. military.

Penn called that ironic,
adding: "We hope that this
kind of collaboration can
be an example for future
approaches to many other
issues" — in spite of limit-
ed U.S.-Venezuelan diplo-
matic contacts.

The U.S. and Venezuela
have been without ambas-
sadors since December,
when Chavez formally
rejected the White House-
‘s nominee for envoy ina
diplomatic dispute.

The U.S. government
revoked the visa of
Venezuelan Ambassador
Bernardo Alvarez in
response.

Penn has met four times
with Chavez in recent
years. Chavez has praised
the actor for his critical
stance toward U.S. foreign
policy.

The leftist president said
their meeting Saturday
was productive in dis-
cussing "new plans and
ideas."

"Sean is an activist of
the struggles for the
world's oppressed peoples,
and he's leaving for Haiti
right now," Chavez said
outside the presidential
palace when they emerged
from their meeting.

share
your
news

The Tribune wants to
hear from people who
are making news in
their neighbourhoods.
Perhaps you are raising
funds for a good cause,
campaigning for
improvements in the
area or have won an
award.

If so, call us on 322-
1986 and share your
story.



RBC§

MONDAY, MARCH 7, 2011, PAGE 11

PROPERTIES LISTED FOR SALE

Contact Account Officer listed below by using number code for each property.
HOUSES/APARTMENTS/COMMERCIAL BUILDINGS

EXUMA

(008) Lot #4742 Bahama Sound of Exuma No.6
a subdivision ofland situate at the southeastern
portion of The Forest Estate near Southside and
The Forest Great Exuma. Property size 10,000
sq ft. Building size 2400 sq ft. Consisting of 2-
1 bedroom and bath unit and 1-2 bedrooms
bath unit. Appraised value $219,200.

(569) Lot # 14867 “Bahama Sound” Exuma
is located about 10 miles northwest of George
Town Exuma and about 1 mile south of Emer-
ald Bay, The Four Seasons Resort and Roker's
Point. Located Mt. Thompson and Farmer's
Hill. The property is 10,000 sq ft in area with
80 ft frontage on Queen's Highway; the main
road. The property contains a partially com-
pleted apartment complex with five, 1 bedroom
units, 4 efficiency units and 1 shop space. Ap-
praised value $488,240.

(008) Property containing 3 beds 1-bath home
constructed of concrete blocks located Moss
Town and number 18 in The Department of
Housing Subdivision, Moss Town Exuma Ba-
hamas. Property Size 7853. Appraised Value$
31,800.
(008) Property containing 6 Units 1-bed 1-bath
apartment units to First Floor Belt Course. Par-
ially developed properties. All those piece or
ots ofland being Lot # 1679 and 1680 Bahama
Sound Subdivision, Exuma Number 3, Great
Exuma. Properties Size: 10,000 sq ft each. Ap-
praised Value $205,000.

(008) Partially developed property located
Golf Boulevard, lot# 20, Flamingo Bay Estates
near George Town, Exuma, Bahamas. The land
is 25,017 square feet and being developed with
a two storey apartment complex with a living
area of 1770 square feet. The building is com-
pleted to the first floor beltcourse and all elec-
tical, plumbing and other rough work have
been completed on the ground floor. Appraised
value $100,050.
(008) Developed property located lots #11165
& 11166, Bahama Sound #8, Great Exuma. The
and is 7,200 square feet containing duplex with
a building area of 1,706 square feet with (1) two
bed/2bath unit and (1) two bed/1bath unit.
Appraised value $185,376.
(008) Developed property located lot#9786,
Bahama Sound #9 situated at the northwest-
ern portion of the Forest Estate in he vicinity
of the settlements of Mount Thompson and
Farmer's Hill and ten miles south northwest of
George Town, Great Exuma. The land is 10,000
square feet developed with a single family resi-
dence with 1300 square feet of living area, con-
aining three bedrooms, and two bathrooms.
The building is constructed of hardi-siding.
Appraised value $154,000.
(008) Lot located about 10.5 miles north-
west of George Town, Bahama Sound #8 East
ot#6647, a subdivision of land situated at the
northeastern portion of The Forest Estate, in
he vicinity of Mt. Thompson and Farmers Hill,
Great Exuma, Bahamas. Site contains 10,000 sq
tand is developed with a duplex apartment,
containing 2-bed, 1-bath apartments. 2,160 sq
t living area of hardiplank construction. Ap-
praised value $198,000.

(008) Lot ofland#12975, #14 Bahama Sound,
Exuma (situated about 1-5/8 miles southeast-
wardly of George Town). Containing Hardi- plank
building consisting ofa triplex partial complete
2-1 bedrooms 1 bath and 1-bed 1 bath units.
Building size 2160 sq ft. Lot size 10,000 sq ft.
Appraised value $180,000.

(008) Lot#B-5707 situated approximately 11
miles north west of the settlement of George
Town, Bahama Sound No.7 east. Located be-
ween the settlements of Mt. Thompson and
he forest, Great Exuma, Bahamas. Containing
a triplex of two-1-bed 1-bath units and one - 2
bedrooms 1-bath unit. Building size 1705 sq
t. Property size 4,000 sq ft. Appraised value
216,980.
(008) Lot No. 9800, Bahama Sound No. 9, a
subdivision of land situate at the northeast-





















EXUMA

(569) All that piece parcel or lot of land be-
ing Lot No. 102 in the Subdivision known as
“EXUMA HARBOUR’ Great Exuma measuring
10,000 sq ft. Appraised value $20,000.

(569) All that piece parcel or Lot of land be-
ing Lots #961 and 962 Bahama Sound of Exuma
No.4, asubdivision ofland situate at the west-
ern portion of the FOREST Estate in the vicinity
of FOREST, Great Exuma, Bahamas. Property
is 20,000 sq ft. Appraised value: $20,000.

(569) Single family residential Lot# 11698 Ba-
hama Sound Subd. #11 West, Great Exuma. Size:
approx. 10,426 sq ft. Appraised value $15,000.

(569) Single family residential Lot No. 11703
Bahama Sound Subd. Number 11 West, Great
Exuma. Size: approx. 10,000 sq.ft. Appraised
value $15,000.

(008) Vacant lot ofland #6592 Bahama Sound,
Exuma No 8E, Great Exuma. Property Size 10,000
sq ft. Appraised Value $20,000.

(008) Partially developed parcel ofland being
0,000 sq.ft. situated about the eastern portion
of The Forest Estate in the vicinity of the settle-
ments of Southside and The Forest being Lot
Number 4803 in Bahama Sound of Exuma 6,
Exuma The Bahamas. Appraised value $25,000.

(008) All that piece parcel of lotand land on
the Island of Great Exuma one of the said Ba-
hama Islands and situate about ten and one-
half (10 1/2) miles Northwestwardly of George
Town which said piece parcel or lot of land is
number 10750 Bahama Sound O.A.E. 10,900
sq ft. Appraised value $65,000.

(008) Anundeveloped waterfront lot #12032
size 10,600 sq.ft. in the Bahama Sound of Exu-
ma Subdivision Number 11 West, Great Exuma,
Bahamas. Appraised value $224,000.

(008) Vacant Residential Property all that
piece parcel or lot of land being lot No. 12903
Bahama Sound No.14 a subdivision ofa tract
of land situated approximately 1 5/8 miles
southeastwardly of George Town, Exuma Ba-
hamas. Property Size 10,000 sq ft. Appraised
Value $20,000.

(008) Vacant Residential Property all that
piece of parcel or lot of land being a portion
of Lot No. 51, Area 3, Palm Hill Section, Fla-
mingo Bay Estates a subdivision situated im-
mediately south of George Town, on the Island
of Exuma Bahamas. Property Size 10,206 sq.ft.
Appraised value $35,000.00

(008)















All that piece parcel or lot ofland being

COMMERCIAL BANKING CENTRE
Tel: 242-356-8568

(800) Mrs. Monique Crawford
(801) Mr. Jerome Pinder
(802) Mr. Brian Knowles
(803) Mr. Vandyke Pratt
(804) Mrs. Hope Sealey
(805) Mrs. Tiffany Simms O’brien
(806) Mrs. Lois Hollis
(807) Mr. Lester Cox
(808) Mrs. DaShann Clare-Paul
(811) Ms. Lydia Rahming



ern portion of the Forest Estate in the vicinity
of the settlement of Mt. Thompson and the
Forest, Great Exuma, Bahamas. Containing a
triplex. Building size 2492 sq ft. Property size
10,000 sq ft. Appraised value 336,500.

(008) All that piece of parcel of lots of land
being Lot No. 6226, Bahama Sound No. 7 East a
subdivision ofland situate at the eastern portion
of the Forest Estate in the vicinity of Southside
and Forest, Great Exuma, Bahamas. Property
size 10,000 sq ft. Containing a duplex. Build-
ing size 1152 sq ft Appraised value $186,320.
(571) Lot of land being Lot #6582 Bahama
Sound #8 East situate at the northeastern por-
tion of “The Forest Estate”, Exuma in the vi-
cinity of Mt. Thompson and Farmers Hill and
containing thereon a duplex (2bed 1 bth each
side) Bldg is 1,800 sq.ft. property is 10,000 sq.ft.
Appr. val. $260,000.00.
(008) All that piece parcel or lot #6108 & 6109
of Bahama Sound #7 East situated 10 1/2 miles
Northwestwardly of the settlement of George
Town, Great Exuma. Containing a 1,680 square
foot single storey hardy plank duplex, with (2)
2 bedroom, 2 bathroom units. Appraised value
$214,800.00.
(008) Lot of land being lot #243 in Section
#2, Little Exuma 10,000 square foot. Contain-
ing a753 square foot single family home con-
structed of concrete slab and T-1 Eleven sides
with 2 bedroom/1 bathroom. Appraised value
107,344,

(008) All that piece parcel or lot #7794, Calab
Drive, Bahama Sound #11, 3 1/2 miles south
of George Town, Great Exuma. Containing a
,800 square foot single storey concrete du
plex, with (2) 2 bedroom, 1 bathroom units.
Appraised value$157,956.

(008) — Lot of land being lot#18 Section #11
Northeast Flamingo Bay, Great Exuma 11,396
square foot single and multi family residential
ot partially developed with a 1,000 square foot
oundation. Appraised value $101,000.00,

ELEUTHERA

(902) Lotofland94 x94 x 150x150 on Queens
Highway just south of Palmetto Point Eleuthera
with a two storey stone building containing two
apartments. Each unit has 3 bed/2 1/2 bath,
kitchen, living room and 3 linen closets. Ap-
praised value $287,209.
(901) Lot #32 containing 4 bedroom 2bath
concrete structure located Triana Shores Har-
bour Island, Eleuthera. Property size 80’ x 120’
x 80’ 120 ft. Appraised valued at $ 332,735.

(901) Lot #57 block # Trianna Shores, Har-
bour Island Eleuthera containing 3 bed 2 bath
tont room, dining room, & kitchen- concrete
structure, 1926.40 sq. ft wooden deck 321.60
sq.ft. property 9600 sq, ft. - appraised value
- $448,645.

(901) Lot“K” Barrack Street, Harbour Island
containing a2 storey concrete building with 4
bed 4 bath, dining room & kitchen -Building
2934.56 sq. ft. property 6563 sq. ft. - appraised
value - $479,228.

(902) Registered Legal Mortgage over Lot #6A
Banana Beach, Governor's Harbour, Eleuthera
with a triplex foundation Appraised Value
$105,000

(560) Tract of land located The Bluff Eleuthera,
overlooking the beautiful Bluff Harbour. Prop-
erty contains four parcels of land with a total
area of approximately 151,528 sq ft. Property is
ideal fora waterfront development. Contains a
tri-plex condominium under construction up
to belt-course and a private dock. Appraised
value $1,118,000.
(902) Lot 6A North Palmetto Point Eleuthera
containing a 2bed/1bath residence with ad-
journing incomplete apartment. Property size
8,500 sq. ft; building size floor area 1,639.08 +
covered porch. Appraised Value $188,740.
(902) Lot#54, Lower Bogue, Eleuthera con-
taining 2-bed/1 bath duplex, property size 7,500
sq ft. Appraised value $146,437
(902) Lot#CA1, Palmetto Shores, South Pal-





































Lot No. 9773, Bahamas Sound No. 9, a subdivi-
sion of land situated a the northern portion of
‘The Forest Estate’ in the vicinity of the settle-
ment of Mt. Thompson and Farmer's Hill, Great
Exuma, Bahamas. 11 1/4 miles from George
Town. The subject site contains 10,000 sq ft
and undeveloped. Appraised value of $18,000.

(008) All that piece parcel or lot of land be-
ing Lot No. 19726-7 & 19283-4 located Baha-
ma Sound No. 21, on Taxi Way, a subdivision
of land situated at approximately 2000 feet
north east of George Town, Old Airport and
about 1.5 miles southeast of the settlement
of George Town, Great Exuma, Bahamas. The
undeveloped properties are a total of 8,000
sq.ft. Appraised value $32,000.

(008) Lot #14857, Bahama Sound No. 17,
subdivision approximately 1/4 mile South-
eastwardly of the Southside and 1 mile from
Moss Town Airport, Great Exuma, Bahamas,
located Morning Glory Road. This partially
developed lot contains 9,010 sq ft. Appraise
value $12,764.

(008) Vacant property, lot#10948, Bahama
Sound #8, situated about the northeastern
portion of The Forest Estate in the vicinity o:
the villages of Mount Thompson and Farmer's
Hill, Great Exuma, Bahamas. Appraised value:
TBA

(008) Lot No. 1862, located Bahama Soun
No.5 East, a subdivision ofland situated at the
southeastern portion of The Forest Estate, in

he ered of the settlements of the South-
side and The Forest, Great Exuma, Bahamas.
This undeveloped property contains a total o:
0,000 sq ft. Appraised value $12,000.

(569) Lot#14872 situated atthe northeastern
portion of The Forest Estate in the vicinity o
he settlements of Mt. Thompson and Farm-
er’s Hill, Great Exuma one of the Bahama Is-
ands, Property is 10,000 sq.ft. Appraised value
110,000.

(569) All that piece parcel orlot ofland com-
prising of Lot numbers C-9454 & C-9455 sit-
uated in a registered Subdivision called and
known as Bahama Sound of Exuma Section
2, Exuma. Property is 20,000 sq. ft. Appraised
value $170,000.

401) Vacant lot of land and being part ofa
parcel of a tract of land known as “Hooper's”,
Great Exuma. The property is comprise of 8,661
sq. ft. Appraised value $25,000.

(008) All that piece parcel of land being
ot#5101 located Bahama Sound #6, situated























PALMDALE SHOPPING CENTRE
Tel: 242-322-4426/9 or 242-302-3800
(201) Mrs. Patrice Ritchie

NASSAU MAIN BRANCH

Tel: 242-322-8700

(701) Mr. James Strachan

(301) Ms. Thyra Johnson

(304) Mrs. Alicia Thompson
MACKEY STREET BRANCH

Tel: 242-393-3097

(601) Ms. Nicole Evans

JOHN E KENNEDY DRIVE BRANCH
Tel: 242-325-4711

(401) Mr. Robert Pantry

PARADISE ISLAND BRANCH Tele-
phone: 242-363-1404

metto Point, Eleuthera, containing 3-storey 4
bedroom 3 bath house approx. 3,336 sq ft liv-
ing space; property size 11,868 sq ft. Appraised
value $230,000
(902) Lotsouth of Palmetto Point on the main
Eleuthera Highway, Eleuthera, Bahamas con-
aining a 2 bed, 1 bath duplex unit with gross
floor area 1,457.84 each. Property size 1.115
acres. Appraised value $212,667.
(901) Lots #12E and 13W of Johnson's Har-
bour View Estates Subdivision Harbour Island
Eleuthera, with a duplex 2 bedrooms, | bath
each. Appraisal TBA.
SPANISH WELLS

(560) Lot of land # 2 Sea View Subdivision,
Russell Island adjacent to the settlement of
Spanish Wells. Property size 11,323 sq. ft, build-
ing size 2236 sq. ft. containing 3 bedrooms, 2
bath, living room, an eat-in kitchen, dining
room, laundry room, covered porch, aone car
garage, and a covered water tank. Appraised
value $299,000
(560) Lot of land in Spanish Wells located
between 8th and 9th street near The Islander
Shop. Property size 3,654 sq. ft. Building (wood-
en structure) size 1370 sq. ft. containing 3 bed-
rooms, 2 bath, front room/dining room and
kitchen, House is in good condition. Proper
landscaping with poured concrete driveways
& walkway. Appraised value $155,000.00.
(560) Lotnumbers 1 and 2 ofa tract of seven
parcels between Harbour Road and the Main
Public Road near 22nd Street Spanish Wells
Bahamas. Property size 12,428 sq. ft. Build-
ing size 4516 sq. ft. containing 3 bed, 2 bath,
iving room, an eat-in kitchen, laundry room,
covered porch, anda covered water tank. Base-
ment offers a garage, work-shop, playroom and
small office area. House is in excellent condi-
ion Proper landscaping with poured concrete
driveways & walkway. Appraised value $555,179.
(560) Lot ofland having the number Two (2)
of the Subdivision called and known as Ocean
Estates, Russell Island, Spanish Wells. Proper-
ty size 12,179 sq, ft, building size 1976 sq. ft.
Building is constructed of lumber and hardy
plank, containing 3 bedrooms, 2 bath, living
room, an eat-in kitchen, dining room, utility
room, covered porch, and covered water tank.
Landscaped with poured concrete driveway &
walkway. Appraised value $455,190

(560) Lot of land on Russell Island, Span-
ish Wells. Property size 13,446 sq. ft, building
size 3074 sq. ft. containing 3 bedrooms, 2 bath,
an eat-in kitchen, living/dining room, utility
room, laundry room, covered porch, covered
driveway and a two car garage. Also contains a
30,000 gallon rainwater tank. Appraised value
$460,780
(560) Lot #27 in a subdivision of 8 parcels
situated immediately east of Ocean Heights
Subdivision, Russell Island, Spanish Wells. Prop-
erty size 12,500 sq.ft. Building size 1820 sq ft.
containing 2 bedrooms, 2 bathrooms, an eat-in
kitchen, living/dining room, laundry room and
a one car garage. Covered front entryway an
observation deck anda patio. The house is in
excellent condition. Appraised value $314,000

(560) Lot of land being lot #1, Sea View Sub-
division, Russell Island, Spanish Wells. Prop-
erty size 11, 284 sq.ft, Building size 2,485 sq
ft. containing 3 bed, 2 bath, an eat-in kitchen,
living room, dining room and laundry room
plus one car garage, covered front porch/en-
tryway and a rear patio/water tank. Properly
landscaped, with poured concrete driveway
and walkway. Appraised value $375,000.

(560) Lotofland 1520 feet west of the govern-
ment dock at Muddy Hole, Russell Island, Span-
ish Wells. Property size 17,083 sq. ft. Building
size 2426 sqft. containing 3 bedrooms, 2 1/2
bathrooms, front room/ dining room, kitch-
en, garage and covered front porch. Appraised
value $347,000.

(560) Lot on 30th Street Spanish Wells, Ba-
hamas. Property size 6,500 sq. ft, building size
1800 sq. ft. containing 3 bedrooms, 2 bath, living

VACANT PROPERTIES

about the western portion of The Forest Estate
in the vicinity of the Settlements of Southside
and The Forest, Great Exuma. Appraised value
$20,000.

(569) Lots #7531B, #7890R and #7890T Ba-
hama Sound of Exuma No.II Subdivision situ-
ate on the Island of Great Exuma, Bahamas.
Appraised value $55,000.

(008) All that piece parcel of land located
lot#8810 in the subdivision known as Bahama
Sound #12 situated about 7 miles northwest of
George Town, Great Exuma. Appraised value
TBA.

(008) Lot No. 3199 situate in the subdivision
called and known as Bahama Sound of Exuma
No.5 on the Island of Great Exuma and Lot No.
6735 situated ten and one half miles northwest
of George Town being of Bahama Sound No.
8 east Exuma Bahamas. Both Lots are vacant
and are 10,000 sq ftin size. Appraised $20,000
& $8,000.

(008) Lot No. B-7429 Bahama Sound No. 11
of Great Exuma, Bahamas. Property Size 10,000
sq ft. Vacant property. Appraised value $16,800.

(008) Lot#4919 Bahama Sound No. 6, Ex-
uma. Property Size 10,000 sq ft. Vacant prop-
erty. Appraised value $10,000.

(008) All that piece of parcel or lot of land
being lot Nos. 9652 &9653 of Bahama Sound
No. 9, Great Exuma situate about 101/2 miles
Northwest of settlement of George Town, Ex-
uma, Bahamas. Property Size 10,000 sq ft. Va-
cant property. Appraised value $34,000.

(008) Lot #1202, Bahama Sound No. 3,Ex-
uma. Lot size 10,000 sq ft. Appraised value
9,000.

(725) Lot of land situate Southwardly of the
Queen's Highway near Hooper's Bay having #33
in the Island of Exuma one of the Islands of the
Commonwealth of the Bahamas. Proeprty is
3,317sq.ft. Appraised value$35,000.

ELEUTHERA

(902) Vacant Lot #18 Block 33 Section “C”
Rainbow Bay on the island of Eleuthera, Ba-
hamas. The property is located in a developed
residential subdivision with all amenities. Ap-
praised value $35,000.

(569) All that piece parcel or lot ofland being
Lot#5, Block 29A Section C Eleuthera Shores,

Eleuthera Island, Bahamas. Appraised value
29,000.

(565) VacantLot #9 (11,406.65 sq. ft.) situated



























OFFICERS

550) Ms. Cherelle Martinborough
PRINCE CHARLES SHOPPING
CENTRE

Tel: 242-393-7505/8

501) Ms. Nicola Walker

505) Ms. Patricia Russell
CABLE BEACH BRANCH

Tel: 242-327-6077

466) Mr. Derek Sturrup
LOAN COLLECTION CENTRE
Tel: 242-502-5170/502-5180
716) Ms. Quincy Fisher

717) Mrs. Nancy Swaby

723) Ms. Deidre King

725) Ms. Marguerite Johnson
565) Mrs. Catherine Davis
569) Mrs. Vanessa Scott

570) Mr. Elton Kemp

571) Mrs. Faye Daniels

572) Mr. Ryan Brown

573) Ms. Annisha Wilson











NASSAU INT’L AIRPORT

Tel: 242-377-7179

433) Mrs. Renea Walkine
LYFORD CAY BRANCH

Tel: 242-362-4540 or 242-362-4037
101-N) Mrs. Lindsey Peterson
GOVERNOR’S HARBOUR,
ELEUTHERA

Tel: 242-332-2856/8

902) Ms. Evette Burrows
HARBOUR ISLAND BRANCH
Tel:242-333-2230

901) Ms. Velderine Laroda
ANDROS TOWN BRANCH
Tel: 242-368-2071

400) Ms. Bianca Simms
MARSH HARBOUR, ABACO
Tel: 242-367-2420

908) Mr. Julius Seymour

909) Mrs. Sylvia Poitier

910) Mr Kermit Curry

room, kitchen, laundry room, covered porch,
and a covered water tank. House is in good
condition, proper landscaping with poured con-
crete driveways & walkway. Appraised value
$272,000.

ANDROS

(400) Property in Calabash Bay, Andros. 75’
x 150’ with asmall grocery store 480 sq. ft. and
nincomplete 3 bed 2 bath house 900 sq. ft.
ppraised value $65,000.

400) Lot#14 Love Hill, Andros totalling 20,000
q. ft. Property contains a two storey 5-bed,
-bath residence. Appraised value $185,000.
00) Lotis situated Queens Highway in Cargill
reek, Andros, totalling 30,000 sq ft. Property
ontains one completed building 2 bedroom,
bath 1,200 sq feet, and two under construc-
on.. Appraised value $324,502.

01) Lots#17  Crown Allotments, Love
ill Settlement, Andros. Containing a two-sto-
rey res, Appraised Value $100,000.

(400) Lotis situated in Coakley Bight, Behring
Point Andros totalling 30,339sq ft. Property con-
tains a splitlevel 3-bed 2-bath 2,386 sq fthouse.
Appraised value - $196,253

(400) Lot #16 is situated in Marina Ridge in
the settlement of Fresh Creek Andros, totalling
16,200 sq ft. Property contains aone bedroom
one bath house 840 sq ft. Appraised value -
$90,280
(400) Lot ofland containing 22,702 sq ft in the
settlement of Davis Creek, Fresh Creek Town
Area, Central Andros Island, containing thereon
a building 3030 sq ft. which house a five unit
apartment complex. Appraised value $195,322.
(565) Lot west of the Coastal Water front
and east of Queen's Highway directly oppo-
site Harold Road the location of the National
Insurance Sub-Office at the Bluff Settlement of
South Andros and containing thereon a 2-bed
1-bath residence. Property size (63’ x 75’) ap-
prox 4,725 sq.ft. Appraised value $75,000.

>p

Sees

BmoO

DET









ABACO

(910) Lot#12 Madeira Park, a small sub-di-
vision on the outskirts of Treasure Cay, Aba-
co with a 9,444 sq ft concrete block residence
with asphalt shingle roof3-bed, 2-bath, family
room, living room, dining room, and kitchen.
Appraised value : $147,000.

(908) Lot#52 Crown Allotments located Mur-
phy Town, Abaco with size being 10,200 sq ft.
Containing a one storey house with 4 bed/2
bath - Concrete Block Structure - Appraised
value .$200,000.00

(908) Lot# 23 located in the Subdivision of
Spring City, Abaco with size being 8,925 sq ft.
Containing a one storey wooden structure house
with 3 bed/1 bath of 7985 sq ft. Appraised value
$60,000
(909) Lot#24, Dundas Town, Abaco known
as Lot #24C, containing 8,914 sq ft containing
a duplex with a3 bed 2 bath unit and a2 be
1 bath unit taking up a total of 2,040 square
feet. Appraised value: $181,028
(909) Lot#2, comprising a portion of Com-
mercial Parcel Lot A, situate near the settlemen
ofMurphy Town, on the island of Abaco, con-
taining 14,725 square feet with wooden du-
plex with a 3 bed 2.5 bath and a 2 bed 1 bath
rental unit, with v-joint ceilings and central
air-conditioning. Appraised value - $320,000
(909) Lot #46, being a portion of the Mur-
phy Town Crown Allotments on the island o
Abaco, measuring 6,483 square feet , contain-
ing a duplex with 2 beds and 1.5 baths for each
unit. Appraised value - at $222,463.00

(909) Lot356H, situatein the settlement o
Murphy Town on the island of Abaco, measur-
ing 7,631 square feet containing a triplex tha’
has two 2 bed 1 baths anda 1 bed 1 bath. Ap-
praise value TBA.
(909) Lot of land situate in the settlemen
of Dundas Town comprising a portion of Lo
#11 of the Dundas Town Crown Allotments on













in Mango Lane Section “B” Block #15, Eleuthera
Island Shores on the Island of Eleuthera. Ap-
praised value $50,189.

(565) Vacant lot #5 located Eleuthera Island
Shores, Seaside Drive Section B, Block #15,
Eleuthera, Bahamas. 9,691 sq. ft. Appraised
value $27,620.

(902) Lot #10 comprising 10,546 sq ft situ-
ated on Northeast side of the Queen's Highway
on the island of Eleuthera approx. Three hun-
dredths of a mile Northwest of the Palmetto
Point crossing. Appraised Value $54,600

(569) Lot of land in James Cistern on Eleuthera,
Bahamas measuring approx 10,000 sq ft. Ap-
praised value TBA

(569) Lot #3 being a portion of the subdivi-
sion ofa tract of land located in the village ap-
proximately 1.41 miles southeast of Wemyss
Bight, Eleuthera, Bahamas and measuring 3.240
acres (281.27' x 502’) Appraised value $60,000.

ABACO

(909) Lot # 1, Aunt Pat's Bay Subdivision ,
Elbow Cay, Abaco containing 15,549 square
feet. Appraised value: TBA

(909) Lot#54, in the Hopetown Point Subdi-
vision , located Hope Town, Elbow Cay Abaco.
Appraised value TBA

(909) Lot ofland situate on the Southwestern
side of S. C. Bootle Highway and approximately
2 miles Runtiestery from the settlement of
Murphy Town, on the Island of Abaco contain-
ing 54,905 square feet. Appraised Value: TBA .

(909) Lot#39, located Central Pines Subdivi-
sion containing 12,473 square feet situate south
of Dundas Town and west of Marsh Harbour,
Abaco. Appraised value: TBA

(505) Tenacres of land on Woods Cay, Little
Abaco, between Cooper's Town and Cedar Har-
bour, Abaco, Bahamas. The property is unde-
veloped buthas a seaview from both the north
and south side, Appraised Value $1,078,750.

(909) Vacant residential Lot# 63 (7800 sq.
ft.) Crown Allotments located Murphy Town,
Abaco- Appraised value $18,000.

(910) Lot #14, in block No. 194 residential
property situated in Treasure Cay, Abaco. Ap-
praised value $28,000.

(910) Land and house located at Treasure
Cay. Appraised value: $80,000.

(910) Developed residential property known
as Lot No.3, Block 211, Treasure Cay, Abaco.







105,

100

008

102
103
108



560





the island of Abaco, containing residence. Ap-
praised value TBA

(909) Lots ofland containing 10,178 sq ftand
10,176 sq ft, being a part of Murphy Town Crown
Allotment No. 70 situate in the Settlement of
Murphy Town , Abaco, containing a duplex.
Value $243,000
(909) Lot #59, Central Pines Subdivision, south
of Dundas Town, west of Marsh Harbour , 80
feet by 140 feet containing a 1,404 square feet
house comprising of 3 bedrooms and 2 bath-
rooms, kitchen , living and dining area. Ap-
praised value TBA
(909) Lot #56 located Murphy Town Allot-
ments with dimensions of 109 square feet by
109 square feet containing a duplex with an
area of 1,456 square feet and each unit having
two bedrooms on bathroom living and kitchen
area. Appraised value - 155,000.00

(909) Lot #22, situate on the northern side
ofS C Bootle highway an d approximately five
hundred and fifty-eight feet southwesterly from
New Hope Baptist Church in the settlement of
Mount Hope, on the island of Abaco, contain-
ing a residence comprised of 1,500 square feet
and three bedrooms and two bathrooms. Ap-
praised value : $157,500.00

(908) Lot #40 being a portion of Dundas
Town Crown Allotments containing a 4-plex
located Dundus Town, Abaco. Appraised value
$494,022.00
(908) Lot #21 Dundas Town, Abaco contain-
inga 3 bedrooom 2bath wooden structure. Ap-
praised value $130,000.

(908) Lot#106, Central Pines Estates, Dun-
das Town, Abaco containga 3bedroom 2bath
residence. Appraised value $161,425.00

(908) Lot#119 in Section 4 known as Casu-
arina Point, Abaco containing a 1,614 sq. Ft.
residence. Appraised value $240,000.

(910) Lot of land located Man-O-War Cay,
Abaco, 5,328 square Feet situated near Rugged
Hill. Containing lbed, lbath with balcony.

Appraised value: $418,000.

(910) Parcel ofland known as Joe's Creek 3.5
miles south of Treasure Cay containing 3.42
acres located at Joe's Creek, Abaco. Sea view,
Living area, upper & Lower, Garage/workshop,
Carport, 10’ ceiling, two sets of stairs, interior
& Exterior to ground level, covered porch and
Extra large kitchen, 24’x 14’, with top of the line
cupboards. Appraised value: $625,000.00
OTHER FAMILY ISLANDS

(811) Property containing Condo “Milleni-
um II”, Unit A-101, building 57, Phase 1C, 2
bedrooms, 3 bathrooms, living room, dining
room, utility closet & patio. Situated in the area
nown as Bimini Bay Resort, Bimini, Bahamas.
Appraised value $485,000.

(105) Lotcontaining 2 story bldg. with three
bed, two anda half bath residence, and 30’ x
86’ situated Bailey Town, North Bimini. Ap-
praised value $235,000

(101-F) Property situated Alice Town, The Is-
and of North Bimini, being Parcel “A’ measur-
ing 9,267 sq. ft. with incomplete 3 storey single
amily home. Appraised value $542,000

(811) Condo Bldg 20-T (TREEHOUSE) in “Bi-
mini Bay Condominium phases 1-A(1)”, Bimini
Bay, North Bimini. Unithas 1-bed 1-bath with
140 sq ft, front porch, balcony and central a/c.
Appraised value: $390,000.
(811) Condominuim Unit Bimini Bay Subdivision,
2 bed, 2 bath Oceanfront unit, 1385 square feet,
incl patio/balcony located Bimini Bay, North
Bimini. Appraised value $419,900
(100) Developed property being a portion of
a tract of land known as Morley’s Tract, comer
Lot with a frontage of 149 feet, running 149 ft
on the North boundary and 120 fton the South
boundary. The property is situated in Lower
Deadman's Cay, Long island with home (seven
years old) under construction; 30 % complete
- Appraised value at $57,000

























Appraised value: $75,000.

(801) Parcel of Land known as B, con-
sisting of 0.306 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraised
Value $250,000.

(801) Parcel of Land known ot E, con-
sisting of 0.217 Acres, “Ocean inding
Bay Subdivision, Abaco, Baha praise
Value $300,000.

(801) Parcel of Land known as G, con-
sisting of 0.349 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraise
Value $250,000.

(801) Parcel of Land known as A, con-
sisting of 1.103 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraise
Value $500,000.

(801) Parcel of Land known as Lot C, con-
sisting of 0.321 Acres, “Ocean Point,” Winding
Bay Subdivision, Abaco, Bahamas. Appraised
Value $300,000.

(801) Parcel of Land knownas Lot EF consist-
ing of 0.381 Acres, “Ocean Point,” Winding Bay
Subdivision, Abaco, Bahamas. Appraised Value
$300,000.









“#



































OTHER FAMILY ISLANDS

(569) Lot #518 Section 2, Phase III Stella Maris
Subdivision, Long Island. Property is 11,700
sq.ft. Appraised value $45,000.

(569) Vacantland, Lot #184 of Phase 3, Sec-
tion 2 of Stella Maris Sub-Division (11,500 sq.ft.)
situated at Adderley’s, Long Island. Appraised
value $30,000.

(569) 4.8 acres of vacant land being portion
of Lot #68, Flowers Road, Driggs Hill, South
Andros. Appraised value $35,000.

(902) Lot #8 13 & 14 Block 50 Greenwood
Estates Subdivision, Cat Island. property size
8,000 sq ft each. Appraised Value $40,000

(560) ‘Two vacant properties (Lot 12c 5789
sq.ft and Lot 12d 5231 sq ft) Creek Bay Sub-
division, Russell Island Bridge on the north-
ern side of the island, Russell Island, Spanish
Wells. These lots are elevated lots that offer
outstanding ocean views anda short path to
the beach. Appraised value Lot 12c $85,000
and Lot 12d $80,000.

(105) Lotofland situate in South Bimini be-
ing Lot 11 Block No.2 of the Buccaneer Point
Subdivision Bimini Bahamas Appraised Value:
TBA



BIMINI BRANCH
Tel:242-347-3031

Ms. Italia Beckford

GRAY’S, LONG ISLAND
Tel: 242-337-0101

Mrs. Lucy Wells

EXUMA BRANCH
Tel: 242-336-3251

Ms. Joycelyn Mackey

FREEPORT, MAIN BRANCH
Tel: 242-352-663 1/2
101-F) Ms. Garnell Frith

Ms. Elaine Collie
Mrs. Damita Newbold-Cartwright
Ms. Sylvie Carey

SPANISH WELLS
Tel: 242-333-4131 or 242-333-4145



Mr. Walter Carey


PAGE 12, MONDAY, MARCH 7, 2011 THE TRIBUNE
LOCAL NEWS

National Drug Council
launches its website,
programme, exhibition



THE National Drug Council’s month of ‘Embracing Drug Prevention
Education through Dialogue and Partnership’ got off to a positive start
on March 1 with the launch of the council's website, the launch of a ter-
tiary level demand reduction programme and a mini exhibition in the
Royal Victoria Gardens.



ime

STUDENTS OF URIAH MCPHEE PRIMARY SCHOOL during the exhibition in the Royal Victoria
Gardens ceremonies to mark the Bahamas National Drug Council’s month of "Embracing Drug
Prevention Education through Dialogue and Partnership’.



DR BRIDGETTE ROLLE, administrator with the Bahamas National Drug Council (left), speaking at
the press conference. At right is Paul Williams, chief financial and revenue officer of the BNDC.



ABOVE: Students of the Uriah
McPhee Primary School listen
attentively while seated in the
Royal Victoria Gardens.

RIGHT: DR Bridgette Rolle,
administrator with the Bahamas
National Drug Council, giving
remarks.



ATTENDING the launch ceremony were (I-r): Valincia Neilly, chief executive secretary in the Min-

istry of Health; Valvaria Strachan, chief executive officer, MOH; Vicente Roberts, counsellor at the
College of the Bahamas; Ezekiel Munnings, coordinator of the Male Initiative, Maternal and Child

Health at the MOH, and Dr Corolyn Hanna.

ee tay
Quality Savio) 5 Te

eye | \ |

.

eB iteectle Mite m col) e149 i ale
*The heirs nd generously
ttitudain giving

csr
The Rev’d Fr. Mark Fox
The Rev’d Canon Basil Tynes

Geoffrey Jones offers the fine line of General

Electric appliances designed to suit every GEOFFREY

need with performance quality and style. Our Mel cea’ ' cy | cyte vl 1

competitive prices and full service department,
make us your ultimate appliance centre. 7:00 p.m

St. John’s College Auditorium
imagination at work L___ Stapledon Gardens,
New Providence
www.geoffreyjonesandco.com | 322-2188/9 The Bahamas


THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 13

LOCAL NEWS









ee eee Te

Patrick Hanna/BIS



PRIME Minister
Hubert Ingraham
gave thanks for the
life of an extraordi-
nary man at the
funeral of Brenville
“Bulla” Hanna at St
George’s Anglican
Church in Montrose
Avenue on Friday.

“It is my great
privilege as a friend
and as a political col-
league, to culogize a
man who has
inspired me as he has
so many others,” Mr
Ingraham said.

“Bulla had a rare
combination of a
gentle spirit and
steely nerves. And,
even as his kidneys
failed him, his heart
grew even more
expansive, more
compassionate, and
more loving.

“Bulla Hanna was
an extraordinary
man.

“While his name
may never adorn
public buildings and
monuments, his
example is written
into the hearts of
many and will con-
tinue to inspire the
many generations
that hear his name
and of his example.”

Mr Hanna was a
former chairman of
the PLP, founder of
the Young Liberals
and former FNM
candidate for Engler-
ston.

He died peacefully
in his home on Feb-
ruary 22 after a long
illness surrounded by
relatives and friends.








































PRIME MINISTER Hubert Ingraham speaks during the Thanksgiving
Service for the late Brenville ‘Bulla’ Hanna Friday March 4, at St
George’s Anglican Church.



GOVERNOR GENERAL Sir Arthur Foulkes was among the congregants
saying farewell to Brenville ‘Bulla’ Hanna during the service.



HUNDREDS OF FRIENDS, sallestiies and family members crowded
into the St George’s Anglican Church Friday to pay their respects for
the life of Brenville ‘Bulla’ Hanna.

VWith Aporoved Credit =someé stipulates

MASSA
Town Centre Mall

Tel: (242) J97-PLUS (7587)

Fos: (242) 325-6368
Mon-Sat 9 AM - 9 PH

GRAND BAHAMA
Madeira Croft

Tet (242) 352-PLUS (7587)

Fasc (242) 352-305
Mon-Fri 9 AM - 4 PH
Sot 9 AM» 4 PP

ABACO

Maxwells Plarg

Tek (242) 367-PLUS (7587)
Foose: (242) 367-1257

Mon Thur 9 AM = 6 PM
Fri-Sot 10) AM - 7 PM

Pictured: Justina Miller receives her prize certificate from
The Tribune President Robert Carron

Justina Miller was the winner of the February edition of
Tribune Trivia and for her efforts, won a trip to Miami.
She and countless others scoured The Tribune and
Tribune242.com every weekday for answers to the trivia
questions posted on The Tribune's Facebook page.

The Tribune used a random number generator to select
three winners (3 points, 2 points and 1 point respectively)
each day and at the end of the month, Justina Miller had
amassed the most points.

Her prize package included roundtrip for one from Nassau
to Miami, a one day car rental and a one night hotel stay
courtesy The Tribune's partners Dollar Rent a Car and
Bahamasair.



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PAGE 14, MONDAY, MARCH 7, 2011

THE TRIBUNE



LOCAL NEWS



WAREHOUSE SALE

Dates: Wednesday to Friday, March 9", 10", and 11", 2011
Place: Security Storage Limited, Nassau Street

Opposite Western Cemetery Parking Lot





























































Time: 10:00am — 4:00pm

Office Furnitures and Machines
Computers and Computer Equipments
Filing Cabinets

Stationeries

Limited amount of Home Furnitures

Other Supplies and Miscellaneous

ALL ITEMS WILL BE SOLD AS IS.

THE GENERAL PUBLIC
IS INVITED

MINISTRY OF WORKS & TRANSPORT

NOTICE
CORRIDORS 12 & 134

EAST STREET & ROBINSON ROAD
Temporary Road Closure & Diversions

Please be advised that temporary road closure & diversion will be carried out on sections of Robinson Road & East Street

to continue further road construction works during the following weekends March 5-6, 12-13 and 19-20, 2011. Kindly
note that traffic will flow as is at the junction of East Street & Robinson Road during the weekdays until further notice.
-

Keen nate should be taken of the Traffic Management Schedule while works are ongoing.
TRAFFIC MANAGEMENT SCHEDULE AS AT MARCH 5" to 20", 11.

Scheduled Affected Area (a)
Time

Cardinal Diversion Routes

Dirextion(s)
Weal Washington St. fj Balfoar Ave. # Eight Street # Robinson Rd

Robins Rid fi Eight Street fe Brilfoer Avedie Washington St

Independence Highway Blue Hall Rd. Robina Rd

Washington Street in Eight Street
Eaght Street io Washington Street

Ext Street io independence Highway | Noeth

LL

| | Bat Street to Independence Highway Ncw Independence Highway je Blue Hill Rd4fe Robinson Ra

| || Bnet Street to Independence Highway South Robinson Rd, Blue Hill Rd fe Independence Highwuy

Mar 1&2) | Tam-éam | Washington Street to Bight Street West

| | CE Street to Washington Street Est
i

East Street to independence [Highway North

Independence Highway fe Etlue Till Fed fe Robina Rd
Exel Street to independence Highway | South

Robinson Rd. Blue Hill Rd & Independence Highway

eit bike
anereneeâ„¢
‘WDEF

Please note that access will be given to residents, pedestrians and the affected businesses in this area during the
construction process. Signs will be in place to identify safe passage for Pedestrians and Access points to the businesses in
the area from the diversion route. The public will be updated through the local media (radio & television) for regular
updates.

We do apologize for any inconvenience caused and we look forward to the cooperation of the motoring public.

Far fi rinformati :
Jose Canellonme Constrecciones Clabes 5.4

Office Hours: Moe-Fri a:00am ta 6:00 mn

Tet: (247/322-2941 oF [242377-7610

bia: bahanaineigibon@cartallone com ar

Ministry of Public Works & Tramaport
Tha Project Execution Unik
Hort hires: (7-47)302-9700

Evia: publesarorks Gibah airiad jeer By

By CONSTABLE 3011
MAKELLE PINDER

COMPUTERS and the
internet expose children to
a whole new wonderful
world.

Their education, social life,
friends and networking capa-
bilities are endless with the
incredible amount of infor-
mation available to them.
However, there are dangers
when exploring the informa-
tion highway.

There are numerous face-
less criminals who lurk
behind their computers look-
ing for targets.

They may be slow and qui-
et or flamboyant and loud
but all look to exploit inno-
cent victims.

Don’t let your children
become victims. Take steps
to protect your family.

RULES FOR PARENTS

Create and post clear, sim-
ple, easy-to-read rules on or
near the monitor.

Use safeguarding pro-
grammes with monitoring or
filtering capabilities.

Child oriented web sites
may not request personal
information without a par-
ent’s permission.

Explain to children what
personal information is and
why they should not give it
out.

Teach children that online
“friends” are strangers and
meeting them requires your
supervision.

Keep the computer in the
family room or open area of
your home.

Have children show you
their favourite sites and what
they can do online.

Talk with children about
makes them feel scared,
uncomfortable, or confused.

Report suspected online
“stalking” or sexual exploita-
tion to the police.





Royal Bahamas Police Force
National Crime Prevention Office

INTERNET SAFETY



Always read a site’s priva-
cy policy before giving per-
sonal information.

Verify a secure connection
before giving credit-card
information.

RULES FOR KIDS

Only use the Internet
when your parents say it’s
OK.

Use good manners and be
polite when e-mailing and
chatting.

Always tell your parents
about the people you meet
or talk to on the Internet.

Never give out personal
information like: address,
telephone number or school
name.

If you get a strange, mean
or upsetting e-mail - Don’t
answer it! Tell a parent or
teacher.

Never meet Internet
“friends” without your par-
ents.

Talk with your parents
about the sites you visit.

Don’t send anyone pic-
tures of you or your family.

REMEMBER!

Education is key to pre-
vention

The internet can be a dan-
gerous place -Protect your
children

Know your child’s internet
“friends”

To: All Members Of Salem Baptist Church
Co-Operative Credit Union Limited.

New Providence, Bahamas.

Annual General Meeting (AGM)

It is hereby notified pursuant to section 21(4)
of the cooperative societies act of The Baha-
mas, that the annual general meeting of The
Salem Baptist Co-Operative Credit Union Lim-
ited will be held at The Salem Baptist Church,
Educational Building, Taylor Street, on Tuesday

March 8 at 7.00pm.

The purpose of the meeting will be to review
The Audited Financial Statements for 2009,
election of officers and to discuss important
matters pertaining to The Credit Union.

It is further notified that there will be no second

call meeting.

All Members Are Required To Attend

Nathaniel Adderley
Director Of Societies
THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 15



LOCAL NEWS



Govt ‘relief
for laid off

hotel workers

FROM page one

mination letters from the
hotel. Management has said
that the terminations were
necessary to keep the hotel
open and save the jobs of
about 800 workers.

According to the last sur-
vey, the unemployment rate
on Grand Bahama was at 17.6
per cent.

Mr Foulkes stated that the
government recognizes the
hardships being experienced
by families here in Grand
Bahama, especially the for-
mer employees of Our
Lucaya.

“In an effort to provide
immediate relief and assist in
finding jobs for the Our
Lucaya employees, the Min-
istry of Labour and Social
Development is partnering
with the Ministry Youth
Sports and Culture, the
National Insurance Board,
Sandals Exuma, Bimini Big
Game Resort, the Grand
Bahama Christian Council,
Grand Bahama Chamber of
Commerce and the GB Pas-
tors Forum,” he said.

Mr Foulkes said registra-
tion for the “One Stop Shop”
will take place at the Foster B
Pestaina Hall at the Pro-
Cathedral of Christ the King
from 9am to Spm.

Persons are asked to bring
identification, such as a pass-
port or driver’s licence, their
NIB card, and the letter of
termination given by the hotel
and their hotel ID.

Mr Foulkes commended
Sandals Exuma and Bimini
Big Game Resorts for pro-
viding employment for those
affected workers.

He noted that Sandals
Exuma is offering approxi-
mately 40 jobs and Bimini Big
Game Resort is offering 19
jobs.

The minister also said that
training opportunities will be
available at the Bahamas
Technical and Vocation Insti-
tute and the College of the
Bahamas in a variety of skill
sets.

Mr Foulkes said the gov-
ernment will pay for the
tuition of those workers who
are interested in taking
advantage of the pro-
gramme.

Additionally, the govern-
ment, in conjunction with the
private sector, will offer a
number of apprenticeships at
the various industrial compa-
nies on the island.

The minister said these
apprenticeships will run for
approximately six months and
government will subsidize the
salaries.

“We are in consultation
with major industry partners.
I have met with six and they
agreed to take on a number of
persons to understudy existing
operations and technical posi-
tions.

“Buckeye/BORCO has
agreed and if, for example,
you have a bell man who now
wants to do welding he would
go to BTVI, and while learn-
ing the skill there he will also
apprentice at BORCO and be
making salary at the same
time,” he said.

Mr Foulkes said the laid
off workers will be offered
unemployment benefit assis-
tance, and other Social Ser-
vice assistance programmes
will be made available to all
who qualify.

The minister said the
unemployment benefit will
last for 13 weeks and will start
after the time when the sev-
erance packages would have
expired.

“We are attempting to
ensure that...there would be a
continuation of income for
several months and with the
apprentice programme and
job opportunity and training
programme, we think that will
bring tremendous relief to the
families affected by lay-offs,”
he said.

“We are very confident
that all persons who wish to
work we will be able to find
alternate employment. It is
only a question of finding
employment they want to
have, but there would be jobs
available,” he said.

Minister Foulkes said
applications for the Self
Starter’s programme by the
Ministry of Youth Sports and
Culture also will be available,
providing up to $5,000 for
persons wishing to start their
own businesses.

He said financial coun-
selling will be provided by the
Grand Bahama Chamber of
Commerce and the Grand

Death row inmate
appeal set to be
heard today

FROM page one

March 20, 2006 of the 2002 murder of 16-year-old Donnell
Conover following a trial before then Senior Justice Anita
Allen.

Conover’s partially-burnt body was discovered near a quar-
ry on Cowpen Road on the afternoon of May 1, 2002. Accord-
ing to evidence presented in the case, the cause of death was
severe blunt force trauma to the head, resulting in her skull
being crushed and part of her skull and brain missing. In
October 2008, the Court of Appeal dismissed Tido's appeal
against the death sentence and upheld his murder conviction.
His attorneys at the time had contended that the Supreme
Court verdict was "unsafe and unsatisfactory."

In 2009, Minister of National Security Tommy Turnquest
advised the Governor General that “the case of Maxo Tido was
not an appropriate one for the prerogative of mercy to be
exercised and that the law should take its course." The gov-
ernment had planned to read a death warrant to him, howev-
er, the ministry was subsequently advised by Tido's attorneys
that they had been instructed to appeal the conviction and
death sentence before the Privy Council.

According to the Privy Council’s website, the issues to be
argued are firstly whether the appellant’s conviction for mur-
der is unsafe because the judge permitted a dock identification
of the appellant and gave inadequate directions to the jury on
identification. The prosecution’s case depended on, among
other things, the identification of Tido in the dock by a witness,
as the man she had seen on the night of the murder telephon-
ing someone and driving a vehicle like that in which the
deceased’s blood was later found. The court will also hear
arguments on whether the murder was sufficiently exception-
al as to call for the death penalty and whether the sentence was
flawed by the failure of the judge to obtain a psychiatric report.

Bahama Pastor’s Forum will
provide spiritual counselling.
¢ SEE PAGE 16

FROM page one

fell on her” late Saturday morning.

According to police, the little girl died of
her injuries shortly after she was taken to
hospital by emergency medical services.

Meanwhile, the Harbour Island com-
munity grieves the loss of long time Hait-
ian resident, handyman and father, John
Jiles Ferdinand.

Mr Ferdinand, 53, was working at the
construction site of a two-storey apart-
ment building at Love Lane and Dunmore
Street when he fell from a scaffold last
Thursday.

The father-of-seven suffered injuries to
his head and upper body as a result of the
plunge, and died of those injuries shortly
after he was taken to the local clinic.

Infant dies trom head injuries

Mr Ferdinand was said to have worked
throughout the tiny island as a handyman,
always providing for his family.

In an interview with The Tribune yes-
terday, Juanita Percentie of Tingum Vil-
lage International, his primary employers,
reflected on the loss of a valued and trust-
ed friend.

Ms Percentie said: “He worked for me
15 years. The best of the best, my mother
loved him like he was her son. He was not
considered an employee.”

“He was a great person,” she added.
“Christian, honest, dedicated, he was
always with a smile, even on his rough
days, or when we would have been stressed
out, he gave praise to God.”

Mr Ferdinand’s death is still under inves-
tigation by the police.

MINISTRY OF WORKS & TRANSPORT JC

NOTICE

~ COMPLETION OF THE NEW PROVIDENCE ROAD
IMPROVEMENT PROJECT

CORRIDOR 17

ABUNDANT LIFE ROAD

JOSE CARTELLONE CONSTRUCCIONES CIVILES S.A. has been awarded a Contract by
the Government of The Bahamas for the Completion of the New Providence Road Improvement
Project (International Package).

Please be advised that from Tuesday March 15t 2011, Road Works will be implemented on sections

of Abundant Life Road.

WHAT IS THIS PHASE OF THE PROJECT ABOUT?
Improvements such as road widening will be carried out at the junctions:
Abundant Life Road & Independence Highway
Abundant Life Road & Soldier Road
Soldier Road & Windsor Place

The works include installation of new drainage facilities, utilities, water service laterals, milling
existing pavement, asphalt pavement, sidewalks, traffic signs & signals, street lighting and road

markings.

WHAT TO EXPECT IN A FEW WEEKS?
The public should expect partial lane & temporary road closures as the works will be carried out

in different stages.

STAGE 1

Updates will be posted and announced through the media.

° Motorist travelling north on Abundant Life Road should use Churchill Road as an alternate
as works will be carried out westbound on Abundant Life Road.

Motorist travelling south on Abundant Life Road should use the one lane traffic system

in place.

STAGE 2

° Motorist travelling north & southbound on Abundant Life Road should use Churchill
Road as an alternate.

RESIDENTS/LOCAL BUSINESSES/PEDESTRIANS
Access will be given to residents, pedestrians and the affected businesses in this area during the
construction process. Signs will be in place to identify safe passage for Pedestrians and Access

points to the businesses in the area from the diversion route.

The public will be updated through the local media (radio & television) for regular updates.

We do apologize for any inconvenience caused and we look forward to the cooperation of the

motoring public.

For further information please contact :

(The Contractor)

Jose Cartellone Construcciones Civiles S.A
Office Hours: Mon-Fri 8:00 am to 6:00 pm
Offfice:(242)322-8341/322-2610

Email: bahamasneighbor@cartellone.com.ar

EAST/WEST HWY



(The Contracting Agency)

Ministry of Works & Transport

The Project Execution Unit
Hotline: (242) 302-9700

Email: publicworks@bahamas.gov.bs

EAST / WEST HW
PAGE 16, MONDAY, MARCH 7, 2011

THE TRIBUNE



Resort says layofts
necessary ‘to save
over 800 jobs’

IN a short statement Our Lucaya Beach & Golf
Resort has announced that “in the light of contin-
ued global economic challenges, and in an effort to
save over 800 jobs and keep a vital Grand Bahama
Island tourism product to remain operational” it
has no alternative but to layoff approximately 200
employees and make a number of adjustments to
the resort.

This decision takes immediate effect.

“Over the past number of years,” said the resort
in a Statement released yesterday, “the resort has
realized substantial losses annually however we
remain committed to providing a first class tourism
product and keeping talented and hardworking
Bahamians employed.

Compensation

“The dismissed workers, made up of managers
and line staff, will receive compensation packages
in accordance with the Employment Act 2001, and
we will make professional counselling and guidance
available.

“It is an unfortunate action, but the only viable
alternative in streamlining our expenses and keep-
ing the resort operational until we emerge from the
downturn in the economy.

“In the coming weeks,” said the Our Lucaya
statement, “we intend to present the particulars of
our new business strategy moving forward.

Primary in our improvement plans is an aggres-
sive marketing and promotional campaign and pos-
sible restructure of the resort.

“We remain excited about Grand Bahama’s
future and will continue to demonstrate our confi-
dence in the tourism growth and economy of the
Bahamas.”













MINISTRY OF WORKS & TRANSPORT

LOCAL NEWS

Our Lucaya ‘closes
down two resorts’

By DENISE MAYCOCK
Tribune Freeport
Reporter
dmaycock@tribunemedia.net

FREEPORT —- Our
Lucaya Beach and Golf
Resort has closed down
two of its three resorts,
reducing its room inventory
from 1,200 to 500 rooms,
according to labour officials
on Grand Bahama.

Labour Minister Dion
Foulkes said the resort’s
plan is to consolidate its
operation at Breaker’s Cay,
using the Manor House as
the central point of opera-
tion.

Mr Foulkes said the
property consisted of three
hotels, two of which will be
closed — the Reef Village
and the old former Holiday
Inn/Radisson Hotel.

Mr Foulkes reported
that some 550 persons will
remain directly employed
and over 200 contracted
persons will remain on,
resulting in a total of some
800 saved jobs.

Minister Foulkes and his
team of labour officials met

NOTICE
CORRIDOR 114
BAILLOU HILL ROAD











V

La?

LABOUR MINISTER Dion Foulkes

with hotel and union exec-
utives at the Department
of Labour on Friday, prior
to the layoffs of some 202
workers.

None of the union’s shop
stewards was also laid off,
he said.

He also stated that it was

AC
Co

Please be advised that final Road Pavement Works will be camed out on sections of Baillou Hill
Road between BAHAMA AVENUE and TUCKER ROAD from
Friday March 11th to Monday March 14th 2011 between the hours of 7:00) pm to 5:00 am.

Motorists travelling along this route are advised to follow the traffic management in place and

use Poinciana Avenue, East Street & Wulff Koad as an alternate,

We sincerely apologize for any inconvenience that may be caused by the closure and look forward to
the co-operation of the motoring public throughout this project.

For further information please contact:
Ministry of Public Works & Transport
Project Execution Unit

Hotline: (242) 302-9700

Jose Cartellone Construcciones Civiles S.A
Office Hours: Mon-Fri 8:00am to 6:00pm
Office: — 322 B341/ 322- 2610)

Email:

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agreed as a matter of prin-
ciple that where there is a
married couple, both would
not be laid off; and where
there were two or three
persons in a household
working that two of them
would not be laid off.

Mr Foulkes noted that
the Labour Department
had been made aware of
two sisters who were ter-
minated and would be
seeking to correct the situ-
ation.

According to the minis-
ter, management has com-
plied with the provisions of
the Employment Act.

He said that persons
were given two weeks pay
in instead of notice, which
was included in their sev-
erance package.

Deputy Director of
Labour Tyrone Gibson said

under Section 29 of the
Employment Act line staff
employees are entitled to
receive two weeks notice of
termination pay and two
weeks basic pay per year
up to a maximum of 24
weeks,

He said that managerial
and supervisory employees
would receive one month’s
notice pay and one month
basic pay per year up toa
maximum of 48 weeks.

Mr Gibson noted that
there is also a provision in
the industrial agreement
where “a line staff employ-
ee, based on seniority,
might also received up to
four weeks because there
is a Sliding scale of two,
three, four weeks for those
with 10 years of services or
more.”

Mr Foulkes stated that
many of the laid off work-
ers were nearing retirement
and will be getting good
severance packages.

“The majority of per-
sons...would have been at
the resort for a long time
and a lot of them were
close to retirement and
some had even volun-
teered; there were very few
young members of staff
that are part of this pack-
age,” he said.

Mr Foulkes said hotel
and union executives are
expected to continue to
address some outstanding
issues on Wednesday at
the Department of
Labour.

He said Bahamas Hotel
Catering Allied Workers
Union president Nicole
Martin will be present at
the meeting.

Fuseral Services BE nirused Ta

a244 Morket Sreot & (efor dvcnee
Bel: [Z4Z)] 26 0-E or [DAT] GLIA Celk (242) 456-9082

“Su Renugh Ta new, Yet large Enoegh To Serve You"

Funeral Service For

MR. NAAMAN
HERBERT
“Pepsi”
STURRUP, 78

of Bamboo Street

Golden Gates and

formally of George

i =) Town, Exuma, will be
held on nm Tuealay, March 8th, 2011 at 10 am
at St. Barnabas Parish Baillou Hill and Wulff
Roads Nassau, Bahamas. Officiating will be
Archdecacon Kingsley Knowles, assisted by
Canon Basil Tynes, Canon Samual Sturrup
and Archdeacon I. Ranfurly Brown.
Internment will follow in the Woodlawn
Gardens, Soldier Road, Nassau, Bahamas.

Left to cherish his memory is: his loving wife
of 53 & 1/2 years; Doctor Barbara Louise
Sturrup; Five Sons: Jerrel of New York, Derek,
Neil of Freeport, Grand Bahama, Paul and Noel
Sturrup; Two Daughter-in-Law: Lerlean and
Tyrez Sturrup; Three Grand-daughters:
Nikita Saunders, Avril Moss and Nevach
Sturrup; Four Grandsons: Lincoln and Lernic
Russell and Neil Rashad and Laneco Sturrup;
Three Great Grandsons: Davion and Donn
Moss and Tre Saunders; One sister: Mrs. Pearl
W. Butterfield; One brother: Min Arnold
Sturrup of the Bronx, New York; One niece:
Dame Joan Sawyer; Two sisters-in-law: Mrs.
Coralee Sturrup and Mrs.Edith Sturrup of New
York.

Viewing will be held in the Renaissance Suite
of Robert D. Cox Funeral Services on
Monday from 12:00 noon to 6:00 pm and at
the church on Tuesday from 9:00 am to
service time.
PAGE 18, MONDAY, MARCH 7, 2011

THE TRIBUNE



INTERNATIONAL NEWS

Libya forces try to
halt rebel move
toward capital

BIN JAWWAD, Libya
Associated Press

LIBYAN helicopter gun-
ships strafed opposition fight-
ers as forces loyal to Moam-
mar Gadhafi pounded them
with artillery and rockets Sun-
day, dramatically escalating a
counteroffensive to halt the
rapid advance of rebels
toward the capital Tripoli.

Another scene of heavy
fighting was the city of Mis-
rata, 120 miles (200 kilome-
ters) east of Tripoli, where a
doctor told The Associated
Press 20 people were killed
and 100 wounded. Residents
said pro-Gadhafi troops
punched into the city with
mortars and tanks but were
pushed out five hours later by
rebel forces. The rebel com-
manders intentionally opened
the way for government tanks
to enter the city, then sur-
rounded them and attacked
with anti-aircraft guns and
mortars, said Abdel Fatah al-
Misrati, one of the rebels.

"Our spirits are high,” he
said. "The regime is struggling
and what is happening is a
desperate attempt to survive
and crush the opposition. But
the rebels are in control of
the city," al-Misrati added.

With the counteroffensive
intensifying, Libya sank deep-
er into chaos and heavy
bloodshed while the interna-
tional community appeared
to be struggling to put mili-
tary muscle behind their
demands for Gadhafi to give
up power. Britain said one of

Artillery and rockets
pound opposition fighters

the most talked about ideas
for intervention — the idea
of a no-fly zone over Libya
— is still in an early stage of
planning and ruled out the
use of ground forces.

"We call on the world to
take action, to strike (Gad-
hafi's) powerful bases to res-
cue the civilians," one Misra-
ta resident said. "He has all
the power to smash the peo-
ple."

Hundreds, perhaps thou-
sands, have died since Libya's
uprising began on Feb. 15, but
tight restrictions on media
make it near impossible to get
an accurate tally. More than
200,000 people have fled the
country, most of them foreign
workers. The exodus is creat-
ing a humanitarian crisis
across the border with Tunisia
— another North African
country in turmoil after an
uprising in January that oust-
ed its longtime leader.

Sunday's fighting appeared
to signal the start of a new
phase in the conflict, with
Gadhafi's regime unleashing
its air power on the poorly
equipped and poorly orga-
nized rebel force trying to
oust their ruler of 41 years.
Resorting to heavy use of air
power signaled the regime's
concern that it needed to

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OF THE BRAHAM

check the advance of the
rebel force toward the city of
Sirte — Gadhafi's hometown
and stronghold.

If Sirte were to fall in rebel
hands, it would give the anti-
Gadhafi forces a massive
morale boost and momentum
that could carry them all the
way to the gates of Tripoli.

The opposition force —
estimated between 500 to
1,000 fighters — pushed out
of the rebel-held eastern half
of Libya late last week for the
first time and has been cut-
ting a path west toward
Tripoli. On the way, they
secured control of two impor-
tant oil ports at Brega and
Ras Lanouf.

On Saturday night, the
rebels pushed as far west as
the town of Bin Jawwad,
about 110 miles (160 kilome-
ters) east of Sirte. But after
they reached it, they pulled
back east about 30 miles to
the town of Ras Lanouf for
the night.

Unbeknownst to the oppo-
sition, pro-Gadhafi forces
moved into Bin Jawwad
overnight and when they
rebels returned at daylight,
they came under a barrage of
fire from helicopter gunships
and artillery and rockets from
the ground. Associated Press

EMPLOYMENT OPPORTUNITY
SECURITIES COMMISSION OF THE BAHAMAS

The Securities Commission of The Bahamas, a statutory agency re-
sponsible for regulating the Investment Funds, Securities and Capi-
tal Markets in the Bahamas through its administration of the Se-
curities legislation (the Investment Funds Act, 2003 and Securities
Industry Act, 1999), is seeking candidates for the following positions:

Field Examiner

Responsibilities:

Plan and conduct field inspections of licensees and registrants
of the Commission
Conduct informational interviews with licensees and registrants
of the Commission
Prepare compliance reports and deficiency letters to licensees
and registrants upon completion of field inspections

Monitor and follow up with licensees and registrants on satis
factory resolution of deficiencies identified in inspection reports
Assist with investigations of regulated and unregulated
securities, mutual funds and capital market participants

Review and analyze financial statements of licensees and
registrants of the Commission

Qualifications and Experience:

Bachelor’s degree Accounting

Internal or external audit experience
Knowledge of securities, mutual funds and capital markets
products / Series 7 or equivalent
Knowledge of Securities, AML/KYC and Financial and
Corporate Service Providers Legislation
1-2 years experience in auditing or public accounting
Knowledge of the Securities Industry.

Competencies:

Ability to work well with a team

Analytical thinker, achievement oriented

Strong Organization skills
Strong written and oral communication skills
Proficiency in Microsoft Office (Word, Excel, Outlook)

A competitive salary and benefits are being offered.
To apply, please write attaching a resume to:

MANAGER - CORPORATE AFFAIRS
SECURITIES COMMISSION OF THE BAHAMAS

P. O. BOX N-8347

NASSAU, BAHAMAS

Fax: 356-7530

E-Mail: info@scb.gov.bs

Applications should be submitted no later than March 21, 2011



they battle Gadhafi's troops , outside the town of Bin Jawwad, eastern Libya, Sunday, March 6, 2011. Libyan
helicopter gunships fired on a rebel force advancing west toward the capital along the Mediterranean coastline
Sunday and forces loyal to leader Moammar Gadhafi fought intense ground battles with the rival fighters. (AP)

reporters at the scene saw
fierce battles raging through-
out the day.

From the edge of Bin
Jawwad where the rebels
massed, a steady barrage of
rockets and artillery fired by
pro-Gadhafi forces thumped
to the ground throughout the
day to keep them from
advancing. But the mood was
still upbeat, with some of the
opposition supporters drap-
ing themselves in the rebel
flag.

At one point, about 50
rebel fighters were trapped
inside a mosque, and their
comrades who had retreated
to the edge of the city sud-
denly surged forward in 20
pickup trucks to try to rescue
them. The drove into the
bombardment and one of the
trucks was hit, sending a huge
plume of black smoke into the
air.

Rebel soldier Musa
Ibrahim said Gadhafi's forces
took hostages in the town in
the morning.

"They took one of every
family hostage to keep them
from fighting,” he said.

During the fighting, ambu-
lances sped back east toward
a hospital in nearby Ras
Lanouf while rebel trucks, at
least four of them mounted
with multiple-rocket launch-
ers, raced west to reinforce
the front lines.

Six people were killed in
the fighting for Bin Jawwad
and a French journalist for
France 24 TV was among 60
people wounded, hospital
officials said.

The government also
launched airstrikes against
Ras Lanouf, the rebel con-
trolled oil port 30 miles east of
Bin Jawwad. A warplane
attacked a small military base.

Regime forces shelled rebel
positions there with rockets
and artillery.

In Misrata, a city east of the
capital about halfway down
the road to Sirte, residents
said the rebels repelled a gov-
ernment counteroffensive to
seize back control.

The regime forces attacked
just before noon with tanks,
mortars, artillery and anti-air-
craft guns. A heavy gunbat-
tle raged for about five hours
and residents said they were
choking on the smoke that
clogged the air.

After the pro-government
forces pulled back, there were
celebrations in the streets with
women ululating, and others
cheering the victorious rebels.
Residents drove through a
downtown square, honking
horns in a victory celebration

SEE page 19

PUBLIC NOTICE

This notice is to inform the General Public that Ms, Henrett

Role 1S no longer employed by the Water & Sewerage

Corporation, an as Such sé isnt authorized to conduct any

business on behalf ofthe Corporatio,

Signed: Management

Water & Sewerage Corporation


THE TRIBUNE



Libya forces try to halt
rebel move toward capital

FROM page 18

and waving white flags.

Abubakr al-Misrati, a doc-
tor at Misrata hospital said 20
people were killed, 14 of them
from Gadhafi's forces, and
100 injured.

In Tripoli, the capital of 2
million that is most firmly in
Gadhafi's grip, residents
awoke before dawn to the
crackle of unusually heavy
and sustained gunfire that
lasted for at least two hours.
Some of the gunfire was
heard around the sprawling
Bab al-Aziziya military camp
where Gadhafi lives, giving
rise to speculation that there
may have been some sort of
internal fighting within the
forces defending the Libyan
leader inside his fortress-like
barracks. Gadhafi's where-
abouts were unknown.

Libyan authorities tried to
explain the unusually heavy
gunfire by saying it was a cel-
ebration of the regime taking
back Ras Lanouf and Misrata,
though both places appeared
to still be in rebel hands.

After the gunfire eased in
the early morning, thousands
of Gadhafi's supporters
poured into Tripoli's central
square for a rally that lasted
all day, waving green flags,
firing guns in the air and hold-
ing up banners in support of
the regime. Hundreds drove
past Gadhafi's residence, wav-
ing flags and cheering. Armed
men in plainclothes were
standing at the gates, also
shooting in the air.

The uprising against Gad-
hafi, which began just days
after President Hosni
Mubarak was ousted by pro-
testers in neighboring Egypt,
is already longer and much
bloodier than the relatively
quick revolts that overthrew
the longtime authoritarian
leaders of neighboring Egypt
and Tunisia.

In contrast, Libya appears
to be sliding toward a civil
war that could drag out for
weeks, or even months. Both
sides appear relatively weak
and poorly trained, though
Gadhafi's forces clearly have
the advantage in terms of
number and equipment.

The conflict took a turn late
last week when the govern-
ment opponents, backed by
mutinous army units and
armed with weaponry seized
from storehouses — went on
the offensive. At the same
time, pro-Gadhafi forces have
conducted counteroffensives
to try to retake the towns and
oil ports the rebels have cap-
tured since they moved out
of the rebel-held east.

The regime has also fought
throughout the weekend to
retake control of Zawiya west
of Tripoli — where bloody
street battles were reported.
Zawiya, just 30 miles from
Tripoli, is the closest rebel-
held city to the capital.

On Sunday, Zawiya resi-
dents said rebels were back
in control of the city after a
three-hour battle. Pro-Gad-
hafi forces entered in full
force with tanks, anti-aircraft
guns and mortars, firing them
at people and buildings. Res-
idents said the fighters seized

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weapons, ammunition, tanks
and pickup trucks from the
retreating forces.

They said the pro-Gadhafi
forces had withdrawn to the
outskirts of the city and they
were bracing for a new offen-
sive.

On Saturday, residents said
the city was attacked by 26
tanks. But thousands went out
to fight the attacking force at
the square. One rebel said
opposition fighters also took
hostages on Saturday and shot
and killed at least 10 of them
in a hotel near the square.

"The determining factor in
these battles is the mercenar-
ies and regime fighters,” said
the rebel fighter. "Their
motive is financial, no more
and no less. This is the differ-
ence between them and some-
one like us who is defending
his land and country."

"At the beginning (of fight-
ing), our weapons were rudi-
mentary. But every time they
attack us, we seize their
weapons,” he said.

Most of the residents inter-
viewed spoke on condition of
anonymity for fear of
reprisals.

The uprising has put Gad-
hafi back in a position he has
known before — internation-
al isolation. The U.N. has
imposed sanctions, and
Libya's oil production has
been seriously crippled by the
unrest. The turmoil has
caused oil prices to spike on
international markets.

The U.S. is demanding
Gadhafi give up power and
has moved military forces
closer to Libya's shores to
back up its demand.

If the rebels continue to
advance, even slowly, Gad-
hafi's heavy dependence on
air power could prompt the
West to try hurriedly enforce
a no-fly zone over the country
to prevent the regime from
defeating the rebels.

However, enforcing a no-
fly zone could take weeks to
organize and, as U.S. Defense
Secretary Robert Gates has
said, it must be preceded by a
military operation to take out
Libya's air defenses. The
United States, which has air
assets in the Mediterranean
and the Persian Gulf regions,
would almost certainly seek
a U.N. Security Council reso-
lution authorizing military
action against Gadhafi's
regime.

But Washington has
expressed wariness about talk
of imposing a "no fly" zone
over the North African
nation.

The chairman of the U.S.
Senate Foreign Relations
Committee, Democrat John
Kerry, said Sunday the U.S.
and its allies should plan for a
no-fly zone over Libya under
an international agreement.
He said he does not see a no-
fly zone as stepping over the
line into military intervention.

British Foreign Minister
William Hague urged Gad-
hafi to hand over power and
put an “immediate stop” to
the use of armed force against
Libyans and give up power.
He said a no-fly zone over
Libya is still in an early stage
of planning and ruled out the
use of ground forces.

MONDAY, MARCH 7, 2011, PAGE 19

INTERNATIONAL NEWS

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PAGE 20, MONDAY, MARCH 7, 2011 THE TRIBUNE





Bay LOCAL NEWS

@x CURRENT ISLAND, ELEUTHERA: FOSTER HOME
| , *





DEDICATION: Around 100 people
celebrated the dedication of the
Zion Children’s Home on Friday.






TRUCTED BY

cons TRUCTED SY

OFTHE |

HAMAS CONFERENCE |
a 7 CHURCH



GUIDED TOUR: Minister of State for Social Services Loretta Butler-Turner tours one of the cot-
tages at the Zion Children’s Home.

By MEGAN REYNOLDS
Tribune Staff Reporter
mreynolds@tribunemedia.net



BIG-HEARTED com-
munity in the remote set-
tlement of Current
Island, Eleuthera, will
help care for a quarter of

the children across the country who have
suffered abuse, neglect or abandonment and
are in need of foster care.

The Zion Children’s Home will house 56
children between the ages of two and 12 and
nearly double the population of around 50
residents in Current Island when complete.

It was a project conceived by community
matriarch Myrtis Brown, who died in June,
and her three daughters, Geleta Turnquest,
Earmily Munroe and Ann Dean.

They brought the community together to
donate more than 10 acres of generational
property for the foster home and won sup-
port from the Bahamas Conference of the
Methodist Church and department of social
services to execute their plans.

Partners of the Methodist Church in the
United States generously donated over
$100,000 for the building, architects drew
up plans valued at $55,000 for free, Current
resident Osbourn Weech volunteered his
services as project manager and workmen
constructing the buildings are working for
half-pay.

The site will consist of seven cottage-style
homes, each housing eight children, and an
administrative building as well as sports and
recreational facilities.

Now two of the cottages are at belt stage
and are expected to open in October and
take in the first 16 children, who will join
the Current Island School of just eight pri-
mary students.

A ceremony was held at the site on Friday
to dedicate the children’s home and pay trib-
ute to those who have funded and facilitated
the project. Around 100 people attended
the ceremony including Minister of State

for Social Services Loretta Butler-Turner,
donors, volunteers and a large group of pilots
from across North America who had flown
in for a Bahamas Habitat conference in
South Eleuthera this weekend.

Mrs Butler-Turner said she has supported
the project since she learned of it on her
first visit to Current Island three years ago.

More than 200 children across the country
are in need of foster care, and she said the
children’s home will be a great help as the
department of social services strives to secure
permanent homes for them and appeals for
more foster families to take children in.

“Tt will afford them a wonderful oppor-
tunity for positive growth, positive develop-
ment and a wholesome upbringing in this
beautiful place,” the minister said.

Love

“We will not only be providing shelter
for our children, but much needed love and
protection for every Bahamian child that
deserves it.”

Co-founder of the Zion Children’s Home
and Current Island native Geleta Turnquest,
58, has fostered three children, and helped
raise 11.

She believes Current Island will provide a
safe haven for children and the support they
need to grow into well-balanced individu-
als.

“T wouldn't consider them any different
from my own children,” Mrs Turnquest said.

“Tf social services find they’re in an abu-
sive house and take them out, they would
normally send them to a relative, but they
might still be vulnerable there.

“Tf they are here, no one can get here
without you knowing, so they will be safe.

“And we don't want them to be institu-
tionalised, they are going to be integrated
into our community.”

The Zion Children’s Home is also expect-
ed to boost the local economy as it will ini-
tially create over a dozen jobs on the island
where residents primarily earn an income
by fishing and selling strawwork.

snack Attack WViea



SHELTER, LOVE AND PROTECTION: The Zion Children’s Home site in Current Island.
Megan Reynolds/Tribune staff

PISS




Construction —
lecline worse
than thought —

But $400m Baha Mar
work will lead to
sector’s ‘resurrection’



STEPHEN
WRINKLE

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

1 ee eae family currently own 78 per

and a continued decline in the oe oe

number of houses being built ; : ;
for low-and middle meena vehicle, confirmed when con-
Bahamians, contributed to }
“depressing” construction }
industry indicators showing a }
75 per cent drop in the value
of building starts during the

project construction starts,

2010 second half.

“It’s a depressing number
to have to face. We had
always hoped it would be }
somewhat better than that, }

By NEIL HARTNELL

though we may feel that the } Tribune Business Editor

economy is showing some
signs of stabilizing, it took a }
longer time for the trickle } power Station suffered a

down negative effects to hit ? force outage rate that was

the housing market and it will ! two-three times’ the interna-

take a longer time for posi- i tional industry average
., ~$ between 2007-2009, a report
said : by international consultants

president of the Bahamian } ;éyealed, with the practice of

Contractors’ Association i deferred maintenance set to
? cause the Corporation “high-

He was commenting on } ey expenditures and capacity

construction indicators figures i shortcomings” in the medium

released by minister of public } tg long-term.

works, Neko Grant, during }
the mid-term budget debate. ? based consultants Fichtner,
Mr Grant provided figures f part of an Inter-American
i Development Bank (IDB)

an 85 per cent drop in the val- supported

ue of construction starts in the i strengthen the Bahamian

July to September 2010 peri- ; energy sector, warned that
i BEC’s focus on the short-

compared to 2009 in the } term, rather than medium and

October to December peri- : Jong-term planning, was lead-

od. This amounted to an over- } ing to “costly solutions” that

all decline during the first six } Would
ae : : increase the burden placed on
Building completion values ? jt; 190,000 business and resi-
i dential cust :

of 83 per cent and 58.5 per } pec)
cent respectively over the i operational performance,
same periods during the pre- } Fichtner said that during its
i fi ial di Sep-
at $111.147 million for the | tember » 30. 2009. th
first quarter and $119.171 mil- L “deterred overhaul and low
: : availability” of Clifton Pier
This suggests that a number i meant that BEC had to use
; ; : the Blue Hills power station
to a conclusion during the ! “to an unnecessarily high

? extent”.

but the truth is that even

tive (economic) trends to hit
the housing market,”

(BCA), Stephen Wrinkle.

which showed that there was

od, and a 30 per cent drop

months of 75 per cent.

showed significant increases

vious year, added Mr Grant,

lion for the second quarter.
of high value projects came

year but new ones did not
replace them.

Mr Grant noted that there of the gas turbine units......
: : : caused unnecessarily high fuel
per cent, respectively, in the } costs,”
: ? “Clifton Pier Power Station
ed during the two quarters : showed a high forced outage
i rate of between 10 per cent
: and 16 per cent in the past
i three years, while a typical

? benchmark would be a maxi-

have been “down about 50 i mum 5 per cent.

per cent” over the previous }

year, and these figures show : slow processing of purchase

: orders, which in 2009 resulted
: in the situation that the pow-

? er plant overhaul works had

decline in the value of starts in i not been finished on time

2010 equates to “thousands } before the summer peak, and
roe i that Clifton Pier Power Sta-
throughout the entire indus- tion could not generate as typ-
i ical in th before.

“People have been doing } Bi nie ri me ata

were increases of 2.3 and 6.2
number of buildings complet-
over the previous year.

In response, Mr Wrinkle

said there was a feeling in the
industry that activity may

that matters were somewhat
worse than expected.

He said the impact of the
of construction jobs” lost
try.
small jobs to hang on, scram-

that,” the BCA president
added.

projects getting underway in

SEE page 3B

THE TRIBUNE

usine

MONDAY,

MARCH 7,



2011

City Markets’ Robin
Hood talks warm up

Principals of City Markets

? and Robin Hood held a series
: of meetings towards the end
: of last week to explore merg-
? er/acquisition possibilities
i between the two major food
? retailers, Tribune Business
i can reveal, with the former
i now preparing to conduct due
: diligence in a bid to progress
i the talks further.

Mark Finlayson, whose

their Trans-Island Traders

SEE page 4B

=

store in Prince Charles Drive.

CLIFTON PIERS FORCED OUTAGES

BEC’s main Clifton Pier

The report by German-

initiative to

ultimately only
Detailing BEC’s recent
30,

2009, the

“This uneconomic dispatch

Fichtner noted.

“The plant suffers from the

“The maintenance expen-

; i ditures of Clifton Pier Power
bling to put food on the table, } station are relatively high for

and these figures strengthen this type of power plant. This

i may be caused by the age of

. : : : many of the units and related
— Sa aps } auxiliaries. However, the
ae ? maintenance expenditures
Investment-related building } : ees
: obviously are not sufficient to

: ensure typical availability.”

SEE page 6B

* Report warns BEC’s
deferred maintenance
habits will lead to ‘higher
expenditures and capacity
shortcomings’

* Short-term decisions
leading to ‘costly
solutions’

* Family Island losses
high compared to region

Â¥,
"h. |

a.
Ls
ow

li Books to be opened up to Finlayson, with due
| diligence undertaken
: lM Robin Hood principals said to be ‘weighing
options’ and talking to several parties, eyeing
food business divestment

SBy NEIL HARTNELL
: Tribune Business Editor



MERGER/ACQUISITION TALKS: Shoppers look for goods at the Robin Hood

The information contained is from a third
party and The Tribune can not be held
responsible for errors and/or omission
from the daily report



<

Dh hs

BREITLING BOUTIQUE

ee ee ee ee

=i

BREITLING

‘Speechless’ on
the ‘devastating’
roadworks effect

* Robin Hood chief on Prince Charles closure:
‘How would anyone expect us to survive that?’
* Impacted Superwash outlet brings in $1 out
of every $5 of firm’s revenue

* Ministry official admits closure ‘a bit radical’

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

Sandy Schaefer, owner of Robin Hood, was left “speech-
less” on Friday when he discovered that a portion of Prince
Charles Drive directly in front of his newly-opened store will
be closed to through traffic as of today - a move which has
been projected to have a “devastating” impact on companies

in the affected area.

Mr Schaefer, who was informed for the first time by Tri-
bune Business of the plans by the Ministry of Public Works
to limit vehicular access to a 2,000 foot stretch of the major
thoroughfare, described the move as “unconscionable”,
adding: “How would anyone expect us to survive that?”

A public works official said that despite the “six to eight-
week” road “closure”, access by patrons to local businesses
will still be allowed, as will access by residents.

SEE page 7B



‘GOOD STORY’ MUST BACK
$100M WORTH OF IPOS

By NEIL HARTNELL
Tribune Business Editor

The quality of the underly-
ing investment opportunity
will determine the success of
this year’s initial public offer-
ings (POs), which will offer
equities collectively worth
more than $100 million to
Bahamian investors, although
concerns remain about the
market’s ability to absorb so
much in a relatively short
timeframe.

SEE page 5B

* Concerns about equities
market's ability to absorb
Commonwealth Brewery,
BIC and Arawak Cay port
in such short time linger

* Investment adviser warns
they will have to overcome
‘a lot of negative issues’
related to recent poor
performance of equities

BREITLING

INSTRUMENTS FOR PROFESSIONALS"â„¢


PAGE 2B, MONDAY, MARCH 7, 2011

THE TRIBUNE



























































EXCITING AND CHALLENGING OPPORTUNITY FOR
YOUNG BAHAMIANS

Imagine a career which will take you to the world’s most fascinating ports
and far flung destinations. A Maritime career could take you there.

Do you have, or are likely to have, 5 BGCSE passes, including Math,
Physics/Combined Science and English Language at grade ‘C’ or above?

Have you obtained ,or do you expect to achieve, a combined SAT score
of at least 1500?

Are you physically fit?
Are you between the ages of 16 and 20 years?
If you have answered “yes” to the questions above then read on.

The Bahamas Maritime Authority offers another attractive scholarship
to young academically sound Bahamians who are keen to train for an
exciting and challenging career in the Maritime Industry which is gaining
increasing national importance.

This scholarship is inclusive of tuition, fees, course material, accommodation
and transportation costs. Commencing in September 2011, the successful
candidate will follow a 4 year degree programme at the State University of
New York (SUNY). Upon completion of the degree, the qualified officers
will be expected to serve on board a Bahamian flagged vessel for at least
2 years providing the solid foundation upon which to build his/her Maritime
career.

Further information and
application forms can be
obtained from Mr. Arthur
Barnett Jr. Deputy Director,
Bahamas Maritime Authority,
Manx Corporate Centre, West
Bay Street, P O Box N-4679
Nassau, Bahamas, email:
abarnettjr@bahamasmaritine.com

tel: 356 5772, fax: 356 5889.

Completed applications must
be submitted in person or by
post, with copies of academic
certificates/transcripts = and
proof of Bahamian citizenship,
no later than Thursday, 31
March, 2011. Interviews will
take place in Nassau first
week in May.

Quality Products

oqPpRicestae” en |
BA he 2 Fee ge

ee

By ROYALFIDELITY
CAPITAL MARKETS

It was a moderate week of
trading in the Bahamian stock
market. Investors traded in
seven out of the 24 listed
securities, with one advancer
and two decliners.

EQUITY MARKET

A total of 29,680 shares
changed hands, representing
an increase of 11,030 shares
compared to the previous
week's trading volume of
18,650 shares.

Finance Corporation of the
Bahamas (FIN) was the vol-
ume leader and big decliner,
trading a volume of 6,000
shares to see its stock fall
$0.37 and close at $5.88, a new
52-week low.

Bank of the Bahamas
(BOB) was the sole advancer,
trading a volume of 4,000
shares to see its stock price
increase by $0.10, closing at
$4.50.

Doctor's Hospital Health-

care Systems (DHS) saw
5,000 shares trade to close
unchanged at $1.40.

Commonwealth Bank
(CBL) traded a volume of
4,500 shares to close
unchanged at $6.80.

Fidelity Bank Bahamas
(FBB) traded a volume of
1,000 shares, its stock price
falling $0.21 to close at $1.96,
anew 52-week low.

BOND MARKET
No notes traded during the
week.

COMPANY NEWS

Earnings Releases:

First Caribbean Interna-
tional Bank (Bahamas) (CIB)
released its audited financials
for the year ended October
31, 2010.

Net income for the period
decreased by $16.8 million or
21 per cent year-over-year to
$61.9 million.

Net interest income
decreased by $13.9 million to
$129 million, while other

Week ending 04.03.11

operating income increased
by $14.8 million to $40.1 mil-
lion. Operating income
increased to $169 million.

Operating expenses for the
period were $107.3 million,
increasing by $17.7 million or
20 per cent from $89 million
the previous year.

CIB's loan loss impairment
increased from $18.5 million
to $30.2 million, or 63.3 per
cent year-over-year.

Earnings per share for the
year were $0.51, compared to
$0.65 in the previous year.

Total assets and liabilities
of CIB at October 31, 2010,
were $3.6 billion and $2.9 bil-
lion respectively, compared
to $3.8 billion and $3.1 billion
as at October 31, 2009.

AGM Notice:

Finance Corporation of the
Bahamas (FIN) has
announced its AGM will be
held at the British Colonial
Hilton Hotel on March 17,
2011, at 6.30 pm.

BISX SYMBOL CLOSING PRICE WKLY PRICECHANGE VOLUME YTD PRICE CHANGE

AML $ 1.04 $- 0 7.22%

BBL $ 0.18 $- 0 0.00%

BOB $ 4.50 $0.10 4,000 8.16%

BPF $ 10.63 $- 0 0.00%

BSL $ 5.01 $- 0 0.00%

BWL $ 2.70 $- 0 0.00%

CAB $ 10.21 $- 0 2.39%

CBL $ 6.80 $- 4,500 2.86%

CHL $ 2.40 $- 4.680 0.00%

CIB $ 9.39 $- 0 0.00%

CWCB 224 $0.06 0 21.86%

DHS $ 1.40 $- 5,000 12.50%

FAM $ 5.25 $- 0 13.51%

FBB $ 1.96 $-0.21 1,000 9.68%

FCI $ 5.48 $- 4'500 0.37%

FCLB $ 1.00 $- 0 0.00%

FIN $ 5.88 $-0.37 6,000 18.67%

IcD $ 7.40 $- 0 0.00%

JS $ 9.82 $- 0 0.00%

PRE $ 10.00 $- 0 0.00%

BISX SYMBOL DESCRIPTION VOLUME PAR VALUE Index Weekly % Change

FBB13 FBB Series C 0 $1,000 DJIA 12,169.90 0.33
Notes Due 2013 S&P500 1,321.15 0.10

NASDAQ 2,784.67 0.13

FBB15 FBB Series D 0 $1,000 Nikkei 10,526.76 1.59
Notes Due 2015

FBB17 FBB Series A 0 $1,000
Notes Due 2017

FBB22 FBB Series B 0 $1,000 ee

Notes Due 2022

a L.
ie sis al et

ait
sh Poa

gr CR THEE

Currency Weekly % Change

CAD 1.0297 0.63
GBP 1.6268 0.92
EUR 1.3988 1.73

Commodities Weekly %Chge
Commodity

Crude Oil
Gold

116.08 3.34
1,403.88 1.37

The Tribune wants to
hear from people who
are making news in their

neighbourhoods. Perhaps
you are raising funds for
a good cause,
campaigning for
improvements in the area
or have won an award.

If so, call us on 322-1986
and share your story.

a

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PSO Mi 14 St ak
Misesl FL J3125

1.877.6HOMEKO
www.homeko.com

Ei

foes Hing Mion-Prtiiden - iden: Set: Aiden - cop


THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 3B



“Multi-million souvenir
sector remains possible

By ALISON LOWE
Business Reporter
alowe@tribunemedia.net

A boom in the number of
entrepreneurs making authentic
Bahamian projects provides for
the possibility of a “multi-mil-
lion dollar souvenir industry”,
the Prime Minister believes.

Hubert Ingraham said he
finds the growth in the number
of Bahamians producing items
such as straw bags and shell
jewellery, which can be sold to

tourists, “enormously encour-
aging”.
The standard of the

work being produced has risen
in recent times in terms of both
quality and availability, he not-
ed. The Prime Minister sug-
gested the trend is due to the
continuing efforts of the
Bahamas Agricultural and
Industrial Corporation’s
(BAIC) program of training
opportunities for hundreds of
Bahamians in a variety of areas,
providing for enhanced skills

in the manufacturing of handi-
crafts using shells, coconuts,
straw, sisal and batik dyeing.

“This program is winning
rich reward,” said Mr Ingra-
ham. He was speaking at the
Agri-Business Expo 2011 last
week, where dozens of Bahami-
an artisans came out along with
farmers and food processors to
showcase their Bahamian-made
goods. “The improvement in
the quality and availability of
these handicraft and souvenirs
is evident in the number of such
goods being sold in stores
throughout the country, includ-
ing items which I recently saw
displayed at the opening of the
new US Departure Terminal at
LPIA,” Mr Ingraham said.

“This is all a matter of
Bahamian pride, and a testa-
ment to the success of the pro-
gramme and the innovation and
creativity of the men and
women involved in handicraft,”
said the Prime Minister.

An additional benefit of the
growth in this industry is that

those who participate in it, both
the artisans and people who
collect the materials, such as
sisal, which are necessary for
them to make their products,
are “spread throughout our
islands", so the economic ben-
efits are, too.

However, the Prime Minis-
ter warned that two challenges
must be faced if the industry is
to meet its true potential.

“First, we must create prod-
ucts which are beautifully
designed and well-finished in
terms of craftsmanship and
detail. We should not stint in
the effort to make our Bahami-
an handicraft products of great
aesthetic value,” Mr Ingraham
said. “Second, we must be reli-
able in producing an inventory.
This has often been a problem
in this industry One day the
product is available, then the
next day there is a gap in sup-
ply. If we are to meet world
standards we must be reliable in
meeting demand for affordable
and quality products.”

Construction decline worse than thought

FROM page 1B

2009 would have played a big part in the figure.
However, as “housing underpins the construction
, a decline in the number of low and mid-
dle income Bahamians building new homes
would have also added to the drop-off in starts.

“We didn’t have any high dollar starts last
year, and the housing sector continued to decline.
Although the housing sector, dollar wise, may
not have as big an effect as a big ticket FDI pro-
ject, the trickle down economically from the
housing sector is far more significant,” Mr Wrin-
kle said. “That’s why we think, generally speak-
ing, people are hurting in the construction indus-
try because there’s just not as many jobs. There’s
one or two big jobs that came online but that
did not affect a broad enough spectrum to have a

sector”

real impact.”

The BCA president added that just as the
impact of the economic downturn appears to
have taken a while to be fully felt in the new
housing market, any turnaround will also only be
felt in the industry further down the line.

LIVE

REGISTER TODAY

Wednesday,

“Tt will take a while to go through to the hous-
ing market, particularly the low and middle class

housing market. A lot have consumer bills to
pay off before they can get back to the mort-
gage market. All the credit cards are maxed out
and all of that has to be satisfied.

“Generally the mortgage industry has tight-
ened up, and although maybe the number of
applicants has not declined, the number of qual-
ifying applicants has declined and until things
stabilise the strength of those requirements is
likely to to remain in effect,” he said.

However, the BCA president said he expects
the Baha Mar project to be a "catalyst" for activ-
ity in the industry, with $400 million mandated to
be spent on hiring Bahamian contractors to par-
ticipate in the works. "I think that single and
historic brushstroke of mandating Bahamian par-
ticipation in this project paves the way for the res-
urrection of the industry. As you get Bahamian
contractors and sub-contractors on board you
will begin to see the money flow. That's why it is
imperative that we maintain this policy of
Bahamian contractors’ participation in these FDI
projects,” Mr Wrinkle said.

Jimbrace
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» BY

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att) Ne Tribeca























































4
“YaNee

The National Insurance Board
of the Commonwealth of The Bahamas

Proposal For Independent Auditors

The National Insurance Board (NIB) invites suitably qualified accounting firms to submit a proposal
to serve as independent auditors for the audit of the National Insurance Fund's consolidated financial
statements for the fiscal year ending December 31, 2011, subject to renewal for an additional two
years, The financial statements are to be completed in April, following the year-end,

The 2009 Annual Report can be accessed at wwrw.nib-bahamas.com
The proposal should include, but not be limited to:
. General information on the fiem and its local and/or international affiliates,

. The qualifications and experience of the principals of the firm, including comments regarding
other professional staff members’ skills and competence.

. Information on the firms audit experience in financial institutions similar in size or narure to

the NIB.

The approach and time-line that will be adopted for the audit and related services that the firm
can provide the NIB

. Comments with respect to the firm’ independence.
6. Estimates of fees and billings.

Proposals should be addressed to:
The Director
THE NATIONAL INSURANCE BOARD
Clifford Darling Complex
Baillow Hill Road

Nassau, Bahamas

and marked “Proposal to Serve as Independent Auditors’ , co arcive at the Director's Office no
later than 4:00 p.m. on Friday, April 29, 2011, The NIB reserves the right to reject any or all

renders,

NOTICE

IN THE CIRCUIT COURT OF THE FIFTEENTH JUDICIAL CIRCUIT
IN AND FOR PALM BEACH COUNTY, FLORIDA

CASE NO: 50 2010 DROOTTTaXXXXxXNB
FAMILY DIVISION F.!

IN THE MATTER OF THE
TERMINATION OF PARENTAL
RIGHTS FOR THE PROPOSED
ADOPTION OF 4 MINOR CHILD

Re: Baby Boy Sturrup
(DOB: 23/2010)







RIGHTS PENDING ADOPTION

To: Edward Sturrup
Last Known Place of Residence: Nassau, Baharnas
Physical Description: African American Male, 62°, 250 Ibs., brown hair, brown eyes
and then build
Date of Binh: 09271972

YOU ARE NOTIFIED that a Petition to Terminale Parental Rights Pending
Adoption has been filed in the abowe-styled Court for the adoption of infant Sturrup, a
male child born on August 23°, 2010 al Northshore Medical Center, Miami, Dade
County, Florida, ‘You are required to serve a copy of your written defenses, if amy, to wit
on Lauren Feingold, Esq., for The Law Offices of Feingold & Kam, LLC, whose address
is 5100 PGA Bld. 2° Floor, Palm Beach Gardens, FL 33418 and file the original with
the clark of the above-siyied court on or before thirty (30) days from the date of the first
publication of this notice

There will be a hearing on the Petibon to Terminate Parental Rights Pending
Adoption on March 16th, 2077 at 10000 A.M. before Judge Amy Smith, Room 3, at the
Palm Beech County Courthouse, 3166 PGA Blyd.. Palm Beach Gardens, Florida 3418.
The Court has sel asiche fifteen (16) minules for this hearing,

UNDER SECTION 63.089, FLORIDA STATUTES, FAILURE TO TIMELY FILE A
WRITTEN RESPONSE TO THIS NOTICE AND PETITION WITH THE COURT AND TO
APPEAR AT THIS HEARING CONSTITUTES GROUNDS UPON WHICH THE COURT
SHALL END ANY PARENTAL RIGHTS YOU MAY HAVE OR ASSERT REGARDING
THE MIMOFR CHILD.

WITNESS my hand and seal of eaad Court on Sane \%, 2049

Sharon. Block

(Clerk ae Court
Wye Nae

gfe Clerk
ELL J MORRIS

If you are a person with a disability who needs any accommodations im order to
Panicipaie in ihis proceeding, you are entitled, at no cost io you, to the provisions of
certain assistance, Pleese contact the ADA coordinator at the Palm Beach County
Courthouse, 3188 PGA Blyd., Palm Beach Gardens, FL 33418, Telephone number
(357) 355-2431, within bee (2) working days of your receipt of this Molkce of Hearing, If
WOU are hearing of voice impaired, call TOO 1-400-955-4771
PAGE 4B, MONDAY, MARCH 7, 2011

THE TRIBUNE





FROM page 1B

tacted by Tribune Business
that he was in talks with
Robin Hood’s principals,
Sandy Schaefer and Suresh
Khilnani, who are understood
to be exploring their options
for the business that just
opened its second Nassau
location at the former Pepsi
building on Prince Charles
Drive.

This newspaper contacted
Mr Finlayson after multiple
food retail industry sources
told it that he was meeting
with the Robin Hood duo in
Nassau last Thursday, an
event that also included a tour
of the Prince Charles drive
store. The negotiations con-
tinued the following day in
Miami, where Mr Finlayson
visited Mr Khilnani’s whole-
sale operation, WH Trading.

Tribune Business’s contacts
suggested the talks revolved
around an initial partner-
ship/alliance between City
Markets and Robin Hood,
with the former ultimately
acquiring the latter, but Mr
Finlayson said it was too ear-
ly to suggest that the frame-



City Markets’ Robin
Hood talks warm up

work for any deal had been
agreed.

“We are talking to them,
and they’ve made it no secret
that they’re talking to other
people,” Mr Finlayson told
Tribune Business of the
Robin Hood owners.

“We're at the state where
we’re talking. It’s one of those
things where we’re examin-
ing and are going to doa due
diligence on them. They’ve
made it clear they’re interest-
ed in divesting the food part
of their business. They’re not
interested in selling off the
whole thing.

“They’re just weighing up
their options. I can’t say that
we’ve got a lock on them, or

NOTICE

SALGAR LIMITED

NOTICE IS HEREBY GIVEN as follows:









(a) SALGAR LIMITED is in voluntary dissolution
under the provisions of Section 137 (4) of the
International Business Companies Act 2000.







(b) The dissolution of the said company commenced




on the 22nd February, 2011.

(c) The Articles of Dissolution were submitted to and
registered by the Registrar General.

(d) The Liquidator of the said company is Octagon
Management Limited, Nassau, Bahamas

Dated this 25th day of February, A. D. 2011



Octagon Management Limited
Liquidator

that we will have, although
we might like to. They’re
being very open and honest
with us, and are talking to a
few people. I like what I see.”

The warming-up of talks
between the two food retail-
ers comes just days after Mr
Finlayson revealed that he
had been instructed by the
Associated Bahamian Dis-
tillers and Brewers Board
(ABDAB), the company in
which his family owns a 70
per cent stake (and is also
aiming to take over the 78 per
cent City Markets stake), to
initiate discussions on poten-
tial sector consolidation with
both Robin Hood and Phil’s
Food Services.

That followed the decision
to abandon the $12 million,
$1.50 per share ‘hostile’
takeover bid to acquire AML
Foods, and Mr Schaefer last
week told Tribune Business
he would be open to such dis-
cussions provided they made
“financial sense”.

Things can often move fast
in the world of business, and
Mr Finlayson confirmed to
Tribune Business: “They’ve
opened up the books to us,
and are allowing us to do due
diligence, but they’re making
it clear they have other
options.

“T don’t know whether or
not they’re talking to a
Bahamian. I think they’re

NOTICE

AL TOUQG HOLDINGS LIMITED

NOTIC EIS HEREBY GIVEN as follows:

(a) ALTOUQ HOLDINGS LIMITED is in voluntary
dissolution under the provisions of Section 137 (4) of
the International Business Companies Act 2000.

(b) The dissolution of the said company commenced on

the 22nd February, 2011.

(c) The Articles of Dissolution were submitted to and
registered by the Registrar General.

(d) The Liquidator of the said company is Octagon
Management Limited, Nassau, Bahamas

Dated this 25th day of February, A. D. 2011



Octagon Management Limited
Liquidator

Goods-In-Transit and Cyber
shop/Burglary Insurance

2011 -

2012

The Bahamas Telecommunications Company Lid. (BTC) is pleased
to invite Tenders to provide the Company with insurance coverage
for its Goods - In - Transit and Cyber Shop/Burglary policies.

Interested companies/firms may collect a Tender Specification from
the Security's Desk located in the Administrative building on John F.
Kennedy Drive, between the hours of 9:00 a.m. and 5:00 p.m.
Monday through Friday.

The deadline for submission of tenders is March 9th, 2011. Tenders
should be sealed and marked “TENDER - GOODS$5-IN-TRANSIT AND
CYBER SHOP BURGLARY INSURANCE" and should be delivered to
the attention of the Acting President and CEO, Mr. |. Kirk Griffin.

BIC reserves the right to reject any, or all Tenders.

connected anytime... AAYWhEre...

Gone

ENTERPRISE |

WIRELESS

’ te 1p Ow

| BROADBAND |

YOICE

| DIRECTORY

talking to someone foreign. I
think they’re two straightfor-
ward guys and are being as
honest as they can with us.

“What I like about them
[Schaefer and Khilnani] is
they are very straightforward,
and lay their cards on the
table. Whether it’s good or
bad, they tell you exactly how
it is. These are guys you can
do business with, because
you're not going into a losing
situation.”

Mr Schaefer could not be
contacted for comment by
Tribune Business, despite
numerous messages left for
him over the weekend. This
newspaper understands,
though, that Robin Hood and
its aggressive expansion plans
took a big hit when it was
unable to meet Ministry of
Works requirements and
open its Prince Charles Drive
store in time to catch the
Christmas and New Year’s
sales.

The retailer lost “several
million dollars” in revenues
at that time, funds that were
critical to carrying it through
the relatively slow trading
period until Easter, having
invested around $7 million in
acquiring the former Pepsi

plant and developing the
Prince Charles site.

“T think they got a really
bad break at Christmas time,”
Mr Finlayson told Tribune
Business. “We’ve been doing
very well at our eastern loca-
tion, but we were still very
surprised to see what Sandy’s
sales are like.

“That’s our fastest growing
store, but I was shocked to
see what he’s doing in sales.
He’s taken market share from
someone.”

Asked about the prospects
for a deal being struck, Mr
Finlayson said: “We can prob-
ably put something together
with them, if we are not bit
by someone else. That’s the
problem.

“We’re trying to see if we
can really consolidate this
industry. It has to happen.
There’s no two ways about it.
They have a good business,
and that location out east is a
good location, but I’m very
surprised with the sales they
have done.”

Robin Hood’s ownership of
the Prince Charles Drive
property could be especially
attractive for ABDAB if it
does take majority control at
City Markets, given that it is
now a real estate holding
company.

The Tonique Williams-Dar-
ling Highway property may
be less attractive, given that it
is leased - at around $50,000
per month - from landlord
and former PLP MP and Min-
ister, Leslie Miller. That site
would also rub-up against
plans for a City Markets
SuperCentre at a property
owned by ABDAB on JFK
Drive/Bethel Avenue.

LOT FOR SALE

Lorain: Lyford Cay

Pricg: S800 Sipe: 170 5 Sey Bs 2 pals

. t
aoe

Lyford Cit ti a nhac pie peedoahal onclave levied on the met weatien bp af Bow
Prowadieaoe. Boonfiag beastly bmcbeeped propos vith oe 1008 eee gee comes
het Ge verkdoerened Lyfe Cap Chub Beeetests eed mombers of tho coder Lior
Cay Chad cys a cheep pel coun, wel eon cor, a compli ee, primi

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acu ad polepet of the rot ed Saeed Lafied Cop os o trate uke plane to bere

Coat iat dee = 2 fe) ar Te i) lene A Tieton
wae EThahemtad come

Legal Notice

NOTICE

INTERNATIONAL BUSINESS COMPANIES ACT
(No.45 of 2000)

SAST VENTURES LTD.

In Voluntary liquidation

Notice is hereby given that in accordance with Section
137(4) of the International Business Companies Act (No.
45 of 2000) SAST VENTURES LTD. is in Dissolution

The date of commencement of dissolution is the

3rd day of March 2011.

Gillean Lorne Frederick McNeil Campbell
of Airds Bay, Kleinworth Benson House
P.O. Box 76, Wests Centre,

JE4 8PQ
Liquidator

Family Health Centre

“9 A CONCIERGE MEDICAL PRACTICE

SERVICES:

2 Ao walling in the wating room

* Luxury Healthcare with affordable prices

* Guick/ Priority Appcentments

+ Seloctive House Calls

* 24? Acoess by Gell Phone, Home Phone and Ema

+ Escorl sarivces to the BR or a Specialist

» Physacian Accompanied Travel Services

The Patient (s Our Priority

Location: Upstairs of The Ladies Medical Centre
P.O. Box CB-13390 + Nassau, Bahamas

phone: (242) 552-5540

Email: drreneelockhart@ hotmail.com


THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 5B



=>) -<——
‘Good story’ must back $100m worth of IPOs

FROM page 1B

Kenwood Kerr, chief exec-
utive at Providence Advisors,
the Bahamas-based invest-
ment management and advi-
sory firm, told Tribune Busi-
ness that IPOs such as the
upcoming Commonwealth
Brewery/Burns House offer-
ing, plus the Arawak Cay port
issue and initial 9 per cent
tranche of Bahamas Telecom-
munications Company (BTC)
shares to be sold by the Gov-
ernment, all had to overcome
the negative stigma that had
attached itself to the Bahami-
an equities market over the
past decade.

Acknowledging the con-
cerns over Bahamian investor
appetite for equities, particu-
larly given the illiquid mar-
ket and poor recent perfor-
mance of many Bahamas
International Securities
Exchange (BISX) listed
stocks, Mr Kerr said it was
critical for the upcoming [POs
to have “a good story” behind
them if they were to be suc-
cessful.

And the key ingredients for
such a story, he explained,
were pricing the offered secu-
rities correctly, plus provid-
ing Bahamian institutional
and retail investors with a
road map to good returns
through obvious price appre-
ciation opportunities and div-
idend yields.

“T think the market can
absorb securities that offer
good value, offer sound busi-
ness value, have good busi-
ness management, and show
solidity in net revenues and
profitability,” Mr Kerr told
Tribune Business.

“Tcan’t say the market will
take them all because they’re
out there... The smart
money will probably take a
look at all too see what offers
the best investment opportu-
nity.”

With excess liquid assets in
the Bahamian commercial
banking system standing at
almost $814 million at year-
end 2010, there seems to be



—

cefe

Mediterranean Inspired. Open for lunch 11am-3pm
Tal 242 322-1383

plenty of investment capital
still seeking a good rate of
return home.

Mr Kerr, though, cautioned
that Bahamian institutional
and high net worth investors,
especially, had been demon-
strating a preference for fixed
income securities, such as
preference shares, bonds or
even bank deposits, since
these offered the security of
guaranteed rates of return.

“The smart money has
been buying fixed income
securities. They mean good
yield, sound investment and
reduce the portfolio price
volatility. There’s safety in
there,” Mr Kerr explained of
such investment strategies.
“The Heineken deal, for
example, is equity, so it has a
higher risk.”

IPO

Emphasising that he was
not suggesting the Common-
wealth Brewery/Burns House
IPO, which is scheduled to
launch on March 21, 2011, is a
bad investment opportunity,
Mr Kerr said of the increased
number due to come to mar-
ket this year: “I don’t know
if the market is ready.

“But the market is always
ready for something that is a
good story, and a good story
means an investment that is
sound, a company that is well
managed, a company that has
a good business model, and
investors can realise a good
rate of return. The market is
always ready for that.”

However, the Providence
Advisors chief admitted the
impending IPOs had to be
placed against a ‘bigger pic-
ture’ background that was not
pretty. This included the fact
that the Bahamas has seen no
true IPO since 2001, when
Freeport Concrete came to
market, and that company has
since gone out of business -
not the best example to have.

TEMPO

Lacoste at 30% off, Polo
Tal, 242 323-0112

Phan

Pharmacy and Clinic
Tal. 523-0054

His and Hers.
Tal. 242 322-4535



Fashion Boutique, Tel, 328-27188
La Martina luxury casual wear. Aslango de Lama jewels

agull

Beach Attire and Accessories



“You have to put that [a
good story] up against the fact
that we’re in a slow economic
period, and people do not
have the disposable income
they had in the past,” Mr Kerr
told Tribune Business. “The
experience of the last while
may not lend itself to having
mass appeal for equities par-
ticipation, especially on the
retail side.

“There are a lot of nega-
tive issues on the other side in
terms of the recent experience
with equities. They haven’t
retained their value, they have
not delivered in terms of stock
and price appreciation, and
they’ve not had the liquidity
investors have been looking
for. Those are real concerns.”

LeRoy Archer, Common-

wealth Brewery and Burns
House’s managing director,
confirmed to Tribune Busi-
ness last year that the upcom-
ing IPO, which will launch on
March 21 with RoyalFidelity
as placement agent, is set to
be valued at somewhere
between $60-$65 million.

Investors

This newspaper under-
stands that presentations have
already been made to key
institutional investors, such as
the two hotel industry pen-
sion funds, in a bid to solicit
early participation confirma-
tions from the major players.
What makes the Common-
wealth Brewery/Burns House
IPO unusual is that the Gov-

FOR SALE BY OWNER

Se

?

OCEAN VIEW LOT

in Treasure Cowe

Lot number 145 is 67x100 feet in size
This unobstructed ocean view lot is located directly across the
street from the ooéan and community beach

Olfered at $198,000 net

Calk 422-6082 for further information





PER

JAVA,



5s

Flassan + foetal Post Caperience

CRAVED, INSPIRED, IMAGINED, CREATED

ernment effectively agreed to
underwrite it, picking up any
shares not subscribed for by
public investors, and thus had
to approve the issue’s timing.

Prime Minister Hubert
Ingraham, meanwhile, con-
firmed in the House of
Assembly at the end of the
Budget debate that both the
first 9 per cent tranche of gov-
ernment-owned BTC shares,
worth an estimated $37 mil-
lion based on the price being
paid by Cable & Wireless
Communications (CWC), and

the Arawak Cay port would
be offered to Bahamian
investors this year.

In the Arawak Cay port’s
case, though, it was not clear
whether he was referring to
the planned $30 million pri-
vate placement, or the actual
IPO, which is scheduled to
come much later and be val-
ued at around $8 million.

Either way, more than $100
million in equity securities will
be offered to the Bahamian
public this year. Mr Kerr said
this recalled memories of the
mid-1990s, when demand for
equities was high, and some
$200 million placed in a rela-
tively short time period.

NOTICE

IN THE ESTATE OF BENJAMIN
CURTIS LOWE, domiciled and late of
Hope Town, Little Guana Cay, a.k.a. Elbow
Cay, Abaco, The Bahamas, deceased.

NOTICE is hereby given that all persons having
any claim or demand against or interest in the above
Estate should send same duly certified in writing
to the undersigned on or before 18th March, 2011
after which date the Administrator will proceed to
distribute the assets of the Estate having regard only
to the claims, demands or interests of which he shall
then have had notice AND all persons indebted to
the above Estate are asked to settle such debts on or

before 18th March, 2011.

FREDERIK F. GOTTLIEB & CO.
Attorneys for the Personal Representative
Chambers
Bay Street,

P.O. Box AB-20405
Marsh Harbour Abaco,

The Bahamas

Elizabeth on Bay Marketplace and Marina
marks the beginning of the Nassau Harbour
Rennaissanca, Nassau's Harbour has yet to ba
enjoyed like (his, and it has only just bagun!





We present the first 9 of 16 retail and restaurant

242 322-4595,

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Ladies Fashion
PAGE 6B, MONDAY, MARCH 7, 2011 THE TRIBUNE

; Clifton Pier’s forced
NIBA utayes two-three

pay less for insuring your car!



Have you heard the good news? limes Global average

You CAN save money! FROM page 1B

The picture, according to the consultants, was somewhat
different at the Blue Hill Power station. The forced outages of

If you need a lower premium, low deductibles, generous the plant’s gas turbines ranged from 0.04 per cent to 2.4 per

benefits and a fast claims service, pick up the phone . cent, compared to a 1.1 per cent industry average, while avail-
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and ask NIBA for a great insurance deal. \2 J the 95.6 per cent sector average, were described as “an excel-

lent result”.
: : Fr Y : However, there were warning signs for both BEC and the

t. 48 : : _ é ie ee Government in the report, namely that the maintenance bud-
It's time to pay less for INSUTI ale you r , r | get for the Blue Hills Powe: he about 50 per cent of the
car! ‘ 5 4 “expected value”. This, the consultants warned, “will have
: long-term negative impacts on the availability and reliability of
the station”.

And, looking wider at BEC’s operations in the Family
Islands, Fichtner reported: “The specific costs of the power gen-
erating units on the Family Islands are lower than those of
Clifton Pier Power Station.

Tel. 677-6422 or Visit ere, an 4 | “Considering the age, size of the units and their remote

. at vs -4% E location, we would expect higher maintenance costs. Unless

WwWW.NnI baq uote.com ' ee A t reported costs and cost allocation data are not reliable, the
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i improve the present balance sheet situation, but will cause

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Expansion



Numerous expansion recommendations by previous consul-
tants had not been implemented by BEC, the Fichtner report
found. “BEC is in a situation where systematic medium-to-long
term planning is replaced by very short-term, ad-hoc deci-
sions,” it added.

“This practice leads to costly solutions, such as the deferment
































of the investment decision for a low (life cycle) cost diesel
plant until the urgency of the need for additional capacity

iT il ri le P ] f A d| " oo oe Bank ead veal (dic
| the Caribbean, the Fichtner report sai *s technical (dis-

Hie A MIAO ote IN COU A cAI eel ALAIN P
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10 Seer R410A Units warned. “It should be noted that other countries outside the

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: sa c GRANVILLE ADDERLEY
RR em ee eee me ele ChemcW Whe (a-ha)

who was born on 1893 at Millerton, Long Island, Bahamas,
resided at Ft. Pierce, Fla., was born of Bruce Alexander Adderley
Sr. and Margina (Margy) Adderley and sibling to Hilda, Bruce,
Elizabeth Estelle (previously of Lake Worth, Florida) and Mary all
now deceased. If you have knowledge of the names or contact
information for his spouse, survivors, place of death or burial
etc MN gt mon

Three (3), four (4) and five (5) ton units also available.

aitnay owe looking4granvillead er@bahamas-itc.com

To al Civ Servents anit Government SHIRLEY STREET « TEL: 322-8944 pod oe 2
Corporation Employees OS es Ee mE eam le

Cartan Pinchot App = a p fi
, Visit our web site at www.taylor-industries.com | OT 7 os a

“WEG CAPITAL MARKETS NOTICE is hereby given that JANET BEVERLY MILLER
Ec EJ a of P.O. BOX 23331, FRESH CREEK, ANDROS,
i

BAHAMAS is applying to the Minister responsible for Nationality
crFAL Ion ra rT and Citizenship, for registration/naturalization as a citizen of

Pao Pe Sen ae The Bahamas, and that any person who knows any reason why
BISX ALL SHARE INDEX: CLOSE 1,457.70 | GHG 0.03 | %CHG 0.00 | YTD -41.81 | YTD % -2.79 registration/naturalization should not be granted, should send a

FINDEX: YEAR END 2008 -12.31% j i ithi -O]
WWW.BISXBAHAMAS.COM | TELEPHONE:242-323-2330 | FACSIMILE: 242-323-2320 written and signed statement of the facts within twenty eight days

S2wic Low “Seourit_y Previous Close Today's Close Change Dally Vol EPSS DW from the 7 day of March, 2011 to the Minister responsible for

6.05 Bahamas Property Fund 10.63 10.63 6.00 6.013 7. nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.

4.40 Bank of Bahamas 4.50 4.50 0.00, 0.153. ty <

O17 Benchmark 0.18 O.18: 0.00 -0.877

2.7o Bahamas Waste 2.70 mre 0.00, 0.168

1.96 Fidelity Bank 1.96 1.96 0.00 0.016

9.44 Cable Bahamas 10.24 10.21 0.00, 1.050

2.35 Colina Holdings 2.40 2.40 0.00 0.781

5.80 Commonwealth Bank (S1) 6.80 6.80 0.00. 0.488 : b
1.90 Consolidated Water BDRs 2.20 aS: 0.03 O.111 A s
1.40 Doctor's Hospital 1.40 1.40 0.00. 0.107 . e
5.25 Famguard Bos. 5.25 0.00. 0.357 . .

5.88 Finco 5,88 5.88 0.00. 0.682

467 Fool) 5.48 5.48 0.00 Ga. NOTICE is hereby given that VERIDIEU FRANCOIS,
1.00 Focol Class B Preference 1.00 1.00 0.00, 0.000

6.50 ICD Utilities 7.40 7.40 0.00 0.012 of Blackwood, Eleuthera, Bahamas is applying to the

9.80 J. S. Johnson 9.82 9.82 0.00 0.859,

DT SS" SESS Ra gSESUR ins (Bonds TSaSOnS BSSSTESSIEnEnS basis) ae i j Minister responsible for Nationality and Citizenship, for
S2wk-Hi__52wk-Low Security Symbol Last Sale Change Daily Vol. Interest Maturity registration/naturalization as a citizen of The Bahamas,
Bahamas Note 6.95 (2029) BAH29 99.46 0.00 6.95% 20 November 2029
Fidelity Bank Note 17 (Series A) + FBB17 100.00 0.00 7% 19 October 2017 and that any person who knows any reason why
Fidelity Bank Note 22 (Series B) + FRBB22 100.00 0.00 Prime + 1.75% 19 October 2022

Fidelity Bank Note 13 (Series C) + FeBIS 100.00 0.00 7% 30 May 2013 registration/naturalization should not be granted, should

eee er ASS ee PETS oe a SS CS SEIS See are send a written and signed statement of the facts within

EPS$ Div & PE Yield

Sananas Supe eS cs —— Sa 1: - a nea twenty-eight days from the 28" day of February, 2011 to
RND Holdings 0.35. 0.40 0.55 0.001 0.000

CFAL Sééurities Ltd, (Over-The-Gounter Securities) the Minister responsible for nationality and Citizenship,
RND Holdings reo oss oss 6.002 0.000 : P.O. Box N-7147, Nassau, Bahamas.
BISX Listed Mutual Funds

Fund Name NAV YTD% Last 12 Months % NAV 3MTH NAV GMTH
1.4076 CFAL Bond Fund Tors 5.51% 6.90% 1.498004 1.475244 30-Nov-10

2.8300 CFAL MSI Preferred Fund 2.9527 0.18% 1.61% 2.918697 2.910084 31-Jan-11
1.5141 CFAL Money Market Fund 1.5837 0.61% 4.59% 1.564030 1.545071 141-Feb-14
2. Ga22 Royal Fidelity Bahamas G & | Fund 2.7049, 0.56% -15.54% 31-Jan-11
13.0484 Royal Fidelity Prime Income Fund 13.4164 0.44% -0.10% 31-Jan-11

101.6693 CFAL Global Bond Fund 114.3684 9.98% 12.49% 109.392860 107.570619 30-Jun-10

99.4177 CFAL Global Equity Fund 106.5528 4.75% 7.18% 100.779540 105.776543 30-Sep-10
1.0000, FG Financial Preferred Income Fund 1.1465 5.20% 5.20% 31-Dec-10 1 T
1.0000 FG Financial Growth Fund 1.1185 4.73% 4.73% S1-Dec-10 NOTICE IS hereby given that MELAINE FRANCOIS of
1.0000 FG Financial Diversified Fund 1.1491 5.35% 5.35% 31-Dec-10

2.1005 Royal Fidelity Ban Intl Investment Fund Principal HOPE TOWN, ABACO is applying to the Minister responsible

Protected TIGRS, Series 1 9.7950 4.85% 5.45% 30-Nov-10
10.0000 _ Royal Fidelity Bah Int'l Investment Fund Principal

tron tected TIGRS, Serie 10.6417 -1.20% 0.50% 30-Nov-10 for Nationality and Citizenship, for registration/naturalization as a
428105 ‘Royal deity inl Fund - Equliés Sub Pad "8451007336 eee 34 Jani4 citizen of The Bahamas, and that any person who knows any reason
MARKET TERMS . 1 1 1
ee eee why registration/naturalization should not be granted, should send
Previous Close - Previous day's weighted price for daily volume Castrice Last waded overe-counter price a written and signed statement of the facts within twenty-eight days

Change - Change in closing price from day to day EPS $- A company's reported earnings per share for the last 12 mths f h agth d y f F b y, 201 1 h Mi i p ibl
Daily Vol. - Number of total shares traded today NAV - Net Asset Value rom t! e a 0 e ruar 3 to t! € inister res onsl e
DIV $ - Dividend: n: id the last 12 th: N/M - Not Mi: ful ., 7 he 1
Pie closing price alvided py the last 12 month eamings PINDEX.- The rldelty Bahamas Stock index. January 1, 1994 = 100 for nationality and Citizenship, P.O. Box N-7147, Nassau, Bahamas.
(SS) - 4-for-1 Stock Split - Effective Date 8/8/2007
(S11) - 3-for-1 Stock Split - Effective Date 7/11/2007

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | FG CAPITAL MARKETS 242-396-4000 | COLONIAL 242-502-7525

ROYAL FIDELITY

Meortazy at Work
THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 7B



‘Speechless’ on the ‘devastating’ roadworks effect

FROM page 1B

However, rather than dri-
ving directly to their intended
destination, cars must
approach the barrier on the
boundary of the closed area
and inform a “flag man”
where they intend to go
before being directed to that
site.

Dionisio D’ Aguilar, presi-
dent of Superwash and a for-
mer president of the Bahamas
Chamber of Commerce, said
he expects the road works to
have a “financially devastat-
ing” effect on his Prince
Charles Drive location, which
brings in “one in every five
dollars” in revenue to his
company. Superwash has nine
locations in total.

Noting that there are
around a dozen businesses in
total within the affected area,
he added: “If someone has
their only business there it’s
going to be absolutely devas-
tating. Those little bars and
stores, they may as well shut
down and go home for that
time.”

The road closure will affect
the portion of Prince Charles
Drive from the Fox Hill
Road/Prince Charles Drive
junction to Pine Barren Road.

Major businesses which
exist along the affected stretch
of road include Robin Hood,

To all my valued clients, please be advised that I,

CHRISTINE WALLACE-WHITFIELD

Superwash and Blanco
Bleach, as well as numerous
smaller operations including
Sammy’s Chicken.

According to a public
works official, road contractor
Jose Cartellone Construc-
ciones Civiles C.A. is expand-
ing the road into a four-lane
highway, while the Water and
Sewerage Corporation (WSC)
intends to install an upgraded
24-inch water main as part of
efforts to enhance the quality
and quantity of the water sup-
ply in eastern New Provi-
dence.

Those seeking to get from
east to west, or west to east,
along Prince Charles Drive
will be diverted off the road
and around the closed por-
tion to return to the road
beyond the closure.

The public works official
said: “It is a bit radical but it is
necessary.”

Mr D’Aguilar said he was
informed of the road closure
plan on Wednesday last week.
While appreciative of the fact
that it may be unavoidable
when infrastructure upgrades
are required, he said he found
it “really irritating” that he
was only told about the dras-
tic plan last week.

“T knew it was coming but

Real Estate Broker No. 0367
am no longer affiliated with
LANELLE PHILLIPS REAL ESTATE

Contact me directly via phone at

(242) 557-6898

or via email at
wallacewhithelda@hotmail.com

[ look forward to continwe

Serving you.

not that it was coming Mon-
day (today). If I had a couple
of weeks I could’ve prepared
flyers and got them out to my
customers to say: ‘In two or so
weeks we will have road-
works, but when you get to
the barrier ignore it because
you can proceed through’.
Most people will think it’s
totally closed,” said the busi-
nessman.

He added that even for
those who realise they can still
gain access to businesses in
the area, the added difficulty
of accessing them will be a
deterrent.

“They will have to really,
really want to go there,” sug-
gested Mr D’ Aguilar.

The businessman added
that he fears, based on delays
which have plagued other
roadworks undertaken in the
last year and a half as part of
the New Providence Road
Improvement Project, that the
disruption to his business
caused by the Prince Charles
Drive works will probably
extend beyond the six to eight
weeks announced to “more
like two to four months”

“The only thing I can hope
for is that the company, Jose
Cartellone, has significantly
upped the learning curve now

4







whereby they can certainly do
this process much quicker and
faster than, say, the stretch of
road from the Mall to RM
Bailey and Minnie Street on
Robinson Road, which took
forever, and the works on
East Street,” he added.

It is unclear how the road-
works will affect announced
plans by Robin Hood’s Sandy
Schaefer to break ground on
construction of the second
phase of the Prince Charles
Drive shopping plaza in which
the new Robin Hood store is

located. Mr Schaeffer told
Tribune Business last week
that he had hoped to begin
construction on the project in
around four to six weeks, dur-
ing which time the road clo-
sure will be in effect outside
the site. The Ministry of
Works will hold a town meet-
ing for the public about the
roadworks at Doris Johnson
High School on Prince
Charles Drive on Thursday.

DL Properties Ltd. (“the Company”’) invites offers for the purchase
of ALL THAT piece parcel or plot of land called and known as
“Silver Top” containing 0.896 acres or thereabouts situate on Long
Bay Cay or Kamalame Cay being a private island immediately
east of Blanket Sound on the Eastern coast of Andros Island in the
Commonwealth of the Bahamas (the “Property”). There is a fully
furnished 3 bedroom and 3 1/2 bathroom luxury residence located
on the beach of the Property containing approximately 3,100 square
feet of living space and offers 220 feet of beach frontage. Excellent
rental property.

The Company will sell as mortgagee under the power of sale
contained in a legal mortgage of the Property.

TERMS:

Ten percent (10%) of the purchase price at the time of contract and
the balance upon completion within Sixty (60) days of contract.

The Company makes no representations or warranties with respect
to the state of repair of the residence or the Property which is offered
for sale “as is where 1s”.

This sale is subject to a reserve price. The Company reserves the
right to reyect any and all offers.

Interested persons may submit written offers addressed to DL
Properties Ltd., c/o Managing Partner, P. O Box N-272, Nassau,
Bahamas or delivered by hand to Graham Thompson & Co., Sassoon
House, Shirley Street and Victoria Avenue, Nassau, Bahamas to be
received no later than the close of business on the 16° day of March
2011.



MORTON BAHAMAS LIMITED K+ S$

POSITION AVAILABLE
ELECTRICAL ENGINEER:

Morton Bahamas Limited, A K + S Group Company seeks a
suitable candidate to fill the position of Electrical Engineer, at its
salt production facility in Inagua, The Bahamas.

This position support the facility by managing the activities
associated with electrical projects and electrical maintenance.

The successful candidate will have the ability to manage projects,
and possess’ good computer and organizational skills. Good com-
munication skill, interpersonal skills and the ability to solve com-
plex problem.

A College Degree in Electrical Engineering is required.
Entry level candidates are welcomed.

Bahamian Citizen or Holder of Bahamas Work Permit required.
Opportunities Include:

- Competitive Salary

- Relocation Benefits, worker plus family

- Major Health Benefits, worker plus family

- Dental Benefits, worker plus family

Visit www.mortonsalt.com, and follow the career page.











DOCTORS
HOSPITAL

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ORGAN DONATION
AND TRANSPLANT
LECTURE DATE
DATE: Thursday, March 17th, 2011
TIME: 2:00PM and 6:00PM
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PAGE 10B, MONDAY, MARCH 7, 2011

THE TRIBUNE



INSIGHT



Opposition strikes
deal to form the
Irish government

DUBLIN
Associated Press

THE two opposition parties
that triumphed in Ireland's
election, conservative Fine
Gael and left-wing Labour,
announced Sunday they have
reached agreement to form the
country's next coalition gov-
ernment following five days of
negotiations.

The proposed pact still must
be ratified at separate meet-
ings of both parties later Sun-
day. But the leaders of Fine
Gael and Labour, Enda Ken-
ny and Eamon Gilmore, said
they were confident this would
happen, while some Key issues
— such as the share of Cabinet
posts — would remain unset-
tled for a few more days.

Bailout

Approval of the joint gov-
ernment platform — which
includes goals on slashing Ire-
land's deficits in line with its
international bailout — would
permit Fine Gael and Labour
lawmakers to elect Kenny
prime minister when the new
parliament convenes Wednes-
day.

Fine Gael won 76 seats and
Labour 37 in the 166-member
parliament in the Feb. 25 elec-
tion. Both were record highs
that reflected voter fury at the
long-dominant Fianna Fail
party, which was blamed for
leading Ireland to the brink of
bankruptcy.

In November, Ireland was
forced by European Union

partners to negotiate a poten-
tial euro67.5 billion ($94 bil-
lion) line of credit from EU
and International Monetary
Fund donors.

The bailout became
unavoidable as Ireland's large-
ly state-owned banks found
themselves unable to borrow
on open markets and faced
insolvency.

Fine Gael and Labour both
campaigned on platforms lam-
basting the bailout and threat-
ening to renegotiate its terms.

But both are already back-
tracking publicly now that the
votes have been counted and
they face responsibility for
corking Ireland's financial
black hole.

Officials in both parties said
Sunday the new government
would try to stick to the EU-
IMF goal of slashing eurol5
billion ($21 billion) from Ire-
land's deficits in the coming
four years and reduce the 2015
deficit to 3 percent of gross
domestic product, the euro-
zone limit. The two parties
remain divided, however, on
the smartest way to do this.

Fine Gael favors billions
more in spending cuts on top
of those already imposed since
2008, while Labour — seek-
ing to protect welfare benefits
and state jobs — wants more
taxes particularly on higher
earners.

Analysts say the new gov-
ernment will have no choice
but to do both, since Ireland's
deficit in 2010 was a modern
European record of 32 percent
of GDP including exceptional
bank-bailout costs.

Even excluding those, Ire-
land last year spent more than
euroS0 billion but collected
just euro31 billion in taxes, a
gap that Fianna Fail had
already committed to narrow
this year with euro6 billion in
cuts and tax hikes announced
in December.

The new Fine Gael-Labour
government would be respon-
sible for deciding on the
remaining euro9 billion in
deficit cuts sought by EU-IMF
donors.

Coalition

Despite coming from broad-
ly different bases, Fine Gael
and Labour have governed
Ireland together in six gov-
ernments since 1948. Their
most recent coalition, in 1995-
97, was the most harmonious
one.

Fine Gael is pro-business
and pro-EU with strong ties
to the middle class and rural
farmers.

Labour defends union inter-
ests, largely represents urban,
working-class voters, and can
be far more critical of the EU,
particularly on economic mat-
ters.

Kenny has pledged to rene-
gotiate parts of the EU-IMF
loan deal, particularly its aver-
age interest rate of 5.8 percent.
That rate is far lower than
what Ireland would pay on
bond markets, but is still 3 per-
centage points higher than the
lenders’ own average costs.

German Chancellor Angela
Merkel insists Ireland should

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FINE GAEL LEADER
Enda Kenny (right)
and leader of the
Irish Labour Party
Eamon Gilmore
(below). (AP)

benefit from a lower rate only
if it agrees to tougher mea-
sures for getting its deficit
under control.

Germany and fellow EU
heavyweight France long have
pressed Ireland to raise its 12.5
percent rate of tax on busi-
nesses, a policy that has wooed
about 1,000 foreign multina-
tionals to Ireland rather than
the European continent.

Kenny insists that Ireland
won't raise its business tax to
European norms approaching
30 percent.

He says Ireland is already
burdened with 13.5 percent
unemployment, the second-
highest rate of unemployment
in the eurozone behind Spain,
and must do nothing to dis-
courage employers from stay-
ing in Ireland.

Ireland was long the run-

ce ee



away growth leader in the
eurozone, but the Celtic Tiger
boom died in 2008 because of
a property crash that followed
14 years of surging prices and
risky speculation.

Ireland's banks over the pre-
vious decade borrowed hun-
dreds of billions at exception-
ally low rates of interest,
thanks to Ireland's eurozone
membership, and funneled
most of it to Irish construction
and property kingpins.

Most of their property assets
in the past year have been
seized at knockdown prices by
a new state-run "bad bank"
charged with extracting toxic
debts from five Irish banks
exceeding euro70 billion ($100
billion).

Both Kenny and Gilmore
campaigned on pledges to
force foreign bondholders to

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bear more of the cost of Irish
bank losses.

The current government of
Prime Minister Brian Cowen
has been widely criticized for
unveiling a 2008 state guaran-
tee for all bank bondholders
and still defends the policy,
arguing that Ireland needed
to retain confidence from for-
eign lenders.

The 2008 insurance policy
was designed to prevent the
banks’ collapse by discourag-
ing the rapid withdrawal of
foreign loans and deposits.

But Ireland ended up
nationalizing most of the debt-
crippled banks anyway, leav-
ing taxpayers with a bill esti-
mated at more than euro50
billion ($70 billion) — equiva-
lent to euro11,000 ($15,500)
for every man, woman and
child in Ireland.



Available for appointments | Contact us:

Doctors Hospital Specialist Clinic

#1 Collins Ave. Tel: (242) 302-4684



Doctors Hospetal £1 Collins Awe, | O. Box N-2018 | Nassau, Bahamas
Email; infoatoctorshosp.com | wenw.doctormhosp.com
THE TRIBUNE

MONDAY, MARCH 7, 2011, PAGE 11B



INSIGHT



Marines in deadly
Afghan valley face
combat stress

SANGIN, Afghanistan
Associated Press

WHEN U.S. Marine Lance
Cpl. Derek Goins deployed
to the most dangerous place
in Afghanistan five months
ago, he mentally prepared for
the risk of getting shot by the
Taliban or stepping on bombs
buried throughout this south-
ern river valley.

But he wasn't ready for
what happened to his two best
friends, who were shot to
death inside a patrol base by
an Afghan army soldier who
escaped into the arms of the
Taliban.

"T grew up with those guys
in the Marine Corps and
shared a lot of laughs and
tears with them," said Goins,
23, from Trumbull, Texas.
"We expected to come here
and fight and not just get mur-
dered, and that's what it was."

Tragedy

The Marines who arrived
in Sangin district of Helmand
province in October have
seen the kind of tragedy and
combat stress that few can
imagine — more than 30
deaths and 175 wounded, with
scores losing arms and legs
when they stepped on bombs.

The 3rd Battalion, 5th
Marine Regiment and smaller
Marine units attached to it are
fighting to regain this key
insurgent stronghold in one
of the country's bloodiest
regions.

Psychiatrists say troops could
face post-traumatic stress
disorder when they go home

At least 288 NATO service
members were killed in Hel-
mand province in 2010. Last
year was the deadliest of the
nine-year Afghan war for the
international forces, with 701
killed.

Many of the Marines in
Sangin say they are coping by
blocking out the horrors they
have seen. Psychiatrists say
that behavior is normal during
combat, but it could trigger
post-traumatic stress disorder
when the Marines go home
next month.

"It's a day-by-day thing and
you don't know if you're
going to be the guy to get hit
the next day, so you just keep
on pushing," said Goins, who
like most of the Marines in
Sangin is on his first combat
deployment.

Lance Cpl. James Fischer,
whose platoon lost a Marine
to Taliban gunfire the first
time they patrolled outside
their base, said he has become
numb to even the most grue-
some scenes.

"Afterward, you just don't
get that shock anymore," said
Fischer, 20, from Glendora,
California. "You'll have to
deal with it at some point, but
right now the most important
thing is keeping everyone

around you alive."

Cmdr. Charlie Benson, a
Navy psychiatrist who has vis-
ited the Marines in Sangin
nearly a dozen times, said he
has not seen an abnormally
high rate of mental health
issues in the battalion —
although it's too early to tell
who will have problems when
they go home.

Insurgents

Benson, 46, from Marcelus,
New York, believes the
Marines are coping relatively
well with the combat in San-
gin because they have good
leadership and feel they are
making progress. Sangin is a
major narcotics hub that
funds the insurgents and a
gateway to stream fighters
into Kandahar, the Taliban's
spiritual heartland.

The Marines have stepped
up their efforts to deal with
combat stress in recent years
by deploying additional men-
tal health professionals with
the troops. They also have
trained medical corpsmen,
chaplains and Marines to rec-
ognize when troops are hav-
ing trouble coping.

"There is a lot of stress, and

PRINCESS MARGARET HOSPITAL &
SANDILANDS REHABILITAION CENTRE

ee

suraetT |

PUBLIC NOTICE

TENDER FOR THE SUPPLY OF
PROVISIONS & FOOD ITEMS

Tenders are invited from qualified Contractors for the supply of
Provisions and Foods Items for the Poncess Margaret Hospital and
Sandilands Rehabilitation Centre, Public Hospitals Authority, for a

period of one (1) year.

Tender

documents,

which include

Instructions to

Tenderers,

specifications and other relevant information, can be collected 9:00
am. — 5:10 p.m, Monday through Friday at the Materials
Management Directorate, Princess Margaret Hospital's compound,

Shirley Street.

A Tender must be submitted in duplicate in a sealed envelope or
as “ TENDER FOR THE SUPPLY OF
PROVISIONS AND FOODS ITEMS FOR THE PRINCESS

packaged identified

MARGARET

HOSPITAL

AND

SANDILANDS

REHABILITATION CENTRE” and addressed to:

The Chairman
Tenders Committee

Public Hospitals Authority

Third Terrace West
Collins Avenue
P.O. Box N-8200
Nassau, Bahamas

All Tenders must be received at the above address by 5:00 p.m.

on 8" April 2011,

A copy of a valid business license and a certificate of up to
date National Insurance Contributions should accompany all
proposal.

The Public Hospitals Authority reserves the right to reject any

or all Tenders).



IN THIS FEB. 19, 2011 PHOTO, U.S. Marine Sgt. Matt Lewoczko, 27, from Houston, left, and U.S.

pe
spa, —
=F Ey

iy 1
= a |
a rae ee



Marine Lance Cpl. Ronald Long, 21, from Galt, Calif., right, take a defensive position during a patrol with
3rd Platoon, India Company, 3rd Battalion, 5th Marine Regiment in Sangin district southern Helmand
province of Afghanistan. When U.S. Marine Lance Cpl. Derek Goins deployed to the most dangerous place
in Afghanistan five months ago, he mentally prepared for the risk of getting shot by the Taliban and step-
ping on homemade bombs buried throughout this southern river valley. (AP)

it’s not just combat,” said Sgt.
Adam Keliipaakaua, a 26-
year-old Marine from New-
port News, Virginia, who is on
his fourth combat deployment.
"It's from back home, too,
with people's parents getting
divorced, people's wives cheat-
ing on them or leaving them.”

Keliipaakaua said he tries
to prepare his Marines for the
mghtmares and irritability they
may face when they return
home and have to deal their
emotions.

"For me, I'm pretty much
emotionally cold. My wife tells
me that all the time," said
Keliipaakaua, who suffers
from nightmares of a Marine
dying in his arms.

An average of 15 to 20 per-

cent of troops who have trau-
matic experiences during com-
bat often suffer post-traumat-
ic stress disorder, or PTSD,
when they return home, Ben-
son said. The condition arises
when troops continue to try to
suppress emotions with drugs,
alcohol or by avoiding situa-
tions that trigger painful mem-
ories.

"If you're having issues six
months after the event, then
that would be a good indica-
tion," Benson said. "One of
the things that Marines hate
is the feeling that if they had
only done X, Y or Z, this guy
would still be alive.”

Psychiatrists often treat
PTSD by having troops
repeatedly tell the story that

haunts them, forcing them to
face their emotions and push-
ing them to see that often
there was nothing they could
have done to save their buddy,
Benson said.

Sgt. Matt Lewoczko, a
Marine in Sangin on his fourth
combat deployment, said
everyone deals with the hor-
rors of war differently when
they return home.

"Some guys are going to go
back and it will be good to
have their family, some will
crawl into a bottle for a week,
month or couple months and
then will crawl out and be
fine," said Lewoczko, 27, from
Houston, Texas. "Unfortu-
nately, some guys don't get
over it.”

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MONDAY, MARCH 7, 2011

bk



—

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Girl 1

The stories behind the news



he-examining our failing
education system: Part 1

"Even progressive
educators began to
believe that the gap
could never be
closed. And for those
of us who drive by
these schools, maybe
we make the same
dark assumption; that
these kids, the ones in
the poorest neigh-
bourhoods, just can't
learn."

— David Guggenheim,
Waiting for
Superman.

By PACO NUNEZ
Tribune News Editor

IN MY experience, peo-
ple who feel deeply con-
cerned about the state of
our public school system
tend to fall into two cate-
gories: those who say the
problem is too serious for
half-measures and that a
radical system-wide trans-
formation must take place,
and those who think the
problem is already so
severe, the situation is
hopeless.

The first group often
finds there is not enough
political will - or for that
matter, social concern — to
create comprehensive and
lasting change across the
system, while the second
commits the sin of taking
the easy way out, absolving
themselves of any respon-
sibility for the thousands of
tragically wasted young
lives in our midst.

The result is that we do
nothing while our schools
get progressively worse.

But several experiments
taking place in US school
districts once considered
symbols of dysfunction
should give us pause, and
perhaps lead us to re-exam-
ine what is, or at least
should be, our most press-
ing national concern.

David Guggenheim's
2010 documentary Waiting
for Superman explores sev-
eral of the most innovative
and successful of these
efforts to turn the tide of
hopelessness and failure
among young people.

One of the reformers

featured in the film, veter-
an educator Geoffrey
Canada, was recently in
Nassau, where he told a
group of local leaders they
need to face the fact "that
the old model doesn't
work."

He notes in the film that
funding for public schools
in the US has doubled since
the early 1970s, yet stu-
dents’ scores have "flat-
lined."

Continuing to throw
money at the problem is
clearly not the answer, but
Mr Canada has spent more
than a decade designing a
system he feels is.

Challenges

When he launched his
project in Central Harlem,
New York, he found chil-
dren struggling with many
of the same challenges
faced by inner city Bahami-
an children: poverty, unem-
ployment, drugs, crime,
"troubled homes."

He targeted Harlem pre-
cisely because it was home
to the largest number of
children in foster care any-
where in New York, had
the worst performing
schools and the highest
incidence of children enter-
ing the criminal justice sys-
tem. It was a place where
"more kids knew people
who'd been to prison than

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who'd been to college," he
says in the film.

Mr Canada grew up ina
similar environment in the
Bronx and attended a
school best described as a
"failure factory" — an expe-
rience that caused him to
dedicate his life to changing
things.

He left college eager to
try his hand at reforming
education in America
based on a single, revolu-
tionary idea: What if stu-
dents are never allowed to
get behind in the first
place? "Most reformers” he
notes, “try to save kids
after they're already lost."

At first, Mr Canada tried
to tackle the whole system,
but encountered a network
of vested interests so
entrenched that he eventu-
ally resigned himself to
starting on a much smaller
scale, initially a single
block.

He then set about creat-
ing a "no excuses environ-
ment” where failure is not
an option for students.

This was achieved by
demanding the highest
standards from teachers,
having students start school
at an earlier age, extending
daily school hours, holding
classes on weekends and in
the summer (presumably as
much to keep the children
away from negative influ-
ences at home as to accel-

best-va

the



erate learning) and ensur-
ing that school officials
remain involved in the life
of each and every student
until they graduate college.

Mr Canada has grown
this concept into the
Harlem Childen's Zone
(HCZ), now comprised of
three schools covering 100
blocks of Central Harlem
and embracing 10,000 chil-
dren from poverty stricken
backgrounds.

His aim is nothing less
than to break "the cycle of
generational poverty" in
this community.

Regulations

HCZ is based on the con-
cept of the charter school,
an institution that receives
public money and often pri-
vate grants, but is not sub-
ject to some of the rules and
regulations other public
schools must follow. As
such, these schools have at
least the potential to break
free of the stagnant bureau-
cracy that has stifled so
many other schools over the
years.

Charter schools were
invented in the late 1980s,
but have shown little
progress over the years.
When Mr Canada intro-
duced his "cradle-to-col-
lege" idea however, some-
thing different happened.

After about a decade in

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VETERAN EDUCATOR Geoffrey Canada (left) pictured during his
recent visit to Nassau. Mr Canada and the Harlem Children’s Zone fea-
tured in the documentary film Wajting for Superman (above).

operation, HCZ has literal-
ly closed the achievement
gap between rich and poor
children in New York.

In Central Harlem, where
only 10 per cent of the pop-
ulation has a tertiary level
qualification, 90 per cent of
his students are now on
track to go to college.

Part of Mr Canada's
strategy for reversing years
of neglect and low achieve-
ment centres on the belief
that in order to change the
lives of inner-city children,
intervention must go
beyond schools and target
student's families and com-
munities.

His schools offer free
parenting workshops, pre-
school programmes and
child health initiatives.

Students have access to
quality health care and top
performers are awarded for
their achievement's.

The programme has
been deemed such a success
that the Obama adminis-
tration has announced it
will seek to replicate HCZ
in other US cities through
its 20 Promise Neighbour-
hoods initiative, which has
already received 300 appli-
cations from communities
across the country.

Meanwhile, several other
cities have initiated their
own independent HCZ-
modelled programmes.

Geoffrey Canada start-
ed with only one block in
Harlem.

What would happen if the
Bahamas were to embark

upon a similar experiment,
starting with just one
school?

We too have a public
school system that absorbs
huge levels of funding -
education is, year in-year
out, the largest single recip-
ient of public money in the
Bahamas - yet average
grades have flat-lined some-
where around D-.

Teachers

We too have a system
that is hostile to change at
every level — teachers,
administrators, politicians.
We too have any number
of schools that could be
described as “failure facto-
ries."

And perhaps most impor-
tantly, we too have a vast
number of children whose
chances of success are writ-
ten off because of their cir-
cumstances; who have fall-
en prey to the idea that
because their problems did-
n't begin at school, they
can't be ended there.

Would such a project
also find success, or would
our particular brand of
social dysfunction prove too
much to overcome?

If an individual or group
were to propose such a
plan, would it even get gov-
ernment funding?

And if it did, would it be
able to attract private sup-
port as well?

What do you think?
pnunez@tribunemedia.net


OF THE DAY itm towin’ it

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MOSTLY THE PEOPLE’S PAPER
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Volume: 107 No.88 MONDAY, MARCH 7, 2011 PR —75¢ (Abaco and Grand Bahama $1.25)

RIDE FOR HOPE

SPECIAL SUPPLEMENT INSIDE TODAY





1 Lhe tribune agen





DEATH ROW

atl Ban INMATE APPEAL
- SET TO BE
~ HEARD TODAY

Tido is set to have his appeal
heard today before the Lon-
don-based Privy Council, the
Bahamas’ highest appellate
court.

; Tido was the first murder
? convict to be sentenced to
: death following a decision by
i the Privy Council in 2006 that
? ruled that the then mandato-
i ry death penalty was uncon-
? stitutional. Trial judges are
? now allowed to exercise their

discretion in determining the
appropriate sentence.
Tido was convicted on

Minister says initiatives
have been put in place for
hundreds who lost jobs

SATU ALBUS UES SEE page 15

PM: WE INTEND
TO PROTECT

By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedia.net

FREEPORT —- Minister of
Labour and Social Develop-
ment Dion Foulkes
announced that the govern-
ment has put in place several
initiatives that will bring
“tremendous relief” to hun-
dreds of laid off workers at
Our Lucaya Resort.

It was also revealed that
some 60 jobs at two hotels in
Exuma and Bimini have been
made available for those
workers in Grand Bahama.

While in Grand Bahama

on Saturday, Mr Foulkes and
labour officials in Freeport
met with the media at the
Office of the Prime Minister
to announce that a ‘One Stop
Shop’ programme has been
implemented to assist the 200
persons who were recently
terminated at the resort prop-
erty in Lucaya.

The programme, which
starts today, will provide job
and training opportunities,
unemployment benefit assis-
tance and counselling.

On Friday, 174 line staff
and 28 managers received ter-

SEE page 15

OUR LUCAYA ‘CLOSES DOWN TWO RESORTS’ - SEE PG16

INFANT DIES FROM HEAD INJURIES

By AVA TURNQUEST
Tribune Staff Reporter
aturnquest@tribunemedia.net

POLICE are investigating the death of a 23-month-old girl
in hospital from head injuries that she suffered at the home

of a relative.

The toddler was with a family member at Thompson
Avenue, Stapledon Gardens, when a door “accidentally

SEE page 15

Vitact Roap
SHOPPING CENTER

Tim Clarke/Tribune staff



CONSUMERS,
BE FAIR T0
FUEL RETAILERS

By NATARIO McKENZIE
Tribune Staff Reporter
nmckenzie@tribunemedia.net

THE government intends
to protect consumers while
seeking to be fair to petrole-
um retailers, Prime Minister
Hubert Ingraham said Satur-
day.

Bahamian petroleum retail-
ers, losing out on the rising
cost of fuel, are calling on the
government to give them
some relief. Retailers are
restricted to taking 44 cents
for every gallon of gasoline

SEE page three

GOVT ‘ANXIOUS’
TO RECOUP
S50M SPENT ON
AIRPORT WORK

PRIME Minister Hubert
Ingraham said recently that
the government is “anxious”
to recoup the $50 million it
provided to help commence
work on Phase I of the Lyn-
den Pindling International
Airport.

Phase IJ, consisting of a new
247,000 square foot terminal
was completed at an estimated
cost of $190.8 million. Prime
Minister Ingraham noted that
funding for the airport devel-
opment project is provided
primarily through passenger

ONE FOOT AT A TIME: This youngster keeps his concentration while ‘rock climbing’ at Saturday’s 69th Annu- ‘yer fees.
al Red Cross Fair. The event, held in the lower gardens of Government House Grounds, featured a whole host
of games and events. * SEE PAGE SEVEN SEE page three

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