Author Archives: Retired Golf Hack

About Retired Golf Hack

I am a retired banker and mortgage lender living at the beach in southern Delaware.

Bethany Beach Town Council Meeting Agenda 5-18-2018

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TOWN OF BETHANY BEACH FRIDAY, MAY 18, 2018
TOWN COUNCIL MEETING TOWN MEETING ROOM
REGULAR MONTHLY MEETING 2:00 P.M.

I. OPENING OF REGULAR MEETING
A. Call to Order and Roll Call
B. Pledge of Allegiance
C. Approval of the Agenda
D. Approval of minutes of regular meeting held on April 20, 2018
E. Approval of minutes of special meeting/workshop held on April 16, 2018
F. Approval of minutes of executive session held on April 16, 2018
G. Approval of Financial Report
H. Announcements/Recognition of Visitors and Public Comment

* Donations to the Friends of the South Coastal Library and the Bethany
Beach Volunteer Fire Company

II. REPORTS OF MEMBERS AND STANDING COMMITTEES
A. Report from Audit Committee (Peterson)
B. Report from Budget and Finance Committee (Morris)
C. Report from Charter and Ordinance Review Committee (Hardiman)
D. Report from Cultural and Historic Affairs Committee (Olmstead)
E. Report from Fourth of July of Parade Committee (Frye)
F. Report from Non-Residential Design Committee (Killmer)
G. Report from the Planning and Zoning Commission (Boswell)
H. Report from the Town Manager (Graviet)

AGENDA PUBLIC DISCUSSION – Public Comment Regarding Agenda Items will be Heard After Initial Council Discussion and Prior to Any Council Vote Being Taken.

III. OLD BUSINESS

IV. NEW BUSINESS
A. (First Reading) An Ordinance to Regulate Wireless Facilities (Killmer)
Synopsis
This Ordinance Regulates the Installation of Distributed Antenna Systems, Small Cell
Technology, and Wireless Facilities in the Public Right-of-Way

B. Discussion, Consideration, and Possible Vote on Affirming the Bethany Beach’s Planning
and Zoning Commission Denial of Stanley J. Walcek’s Minor Subdivision Application
SCTP 1-34-13.19-62, 63, 64 and 65 (Gordon)

ITEMS OF BUSINESS LISTED ON THE AGENDA FOR THIS MEETING MAY BE REFERRED TO THE PLANNING COMMISSION FOR CONSIDERATION. THE AGENDA ITEMS LISTED MAY NOT BE CONSIDERED IN SEQUENCE. THIS AGENDA IS SUBJECT TO CHANGE TO INCLUDE ADDITIONAL ITEMS INCLUDING EXECUTIVE SESSIONS OR THE DELETION OF ITEMS INCLUDING EXECUTIVE SESSIONS WHICH ARISE AT THE TIME OF THE MEETING. ADDITIONAL ITEMS MAY BE REFERRED TO THE COUNCIL FROM THE COMMITTEES THAT MEET BETWEEN THE POSTING OF THE AGENDA AND THE COUNCIL MEETING.

Posted: 05/11/2018

2018 Poseidon Festival in Bethany Beach

You’re invited to the 3rd Annual Poseidon Festival, Memorial Day Weekend, May 25th – 28th.  Enjoy 4 fun-filled days of island-inspired entertainment designed to celebrate the sea and educate on ways to prepare for potential coastal emergencies.

The event kicks off on Friday, May 25th at 6:00 p.m. on the Bandstand.  Listen to the SKA/reggae sounds of The Bullbuckers.  Then stick around for our first movie of the season featuring Pirates of the Caribbean:  Dead Men Tell No Tales at dusk.

The fun continues on Saturday, May 26th.  At 10:30 a.m. the Nature Center will host mermaid activities and a book signing by Nancy Sakaduski, author of The Mermaid in Rehoboth Bay.  Kids are encouraged to dress as their favorite sea creature to get a prize.

From 5:30 – 9:00 p.m. on the Bandstand Plaza attend an Emergency Meet and Greet with local experts on how to prepare for a potential coastal emergency.  See the Town’s Mobile Command Center, Search and Rescue (SAR) Jet ski, and Ranger UTV up close.  Lifeguards, police officers, firemen, and emergency personnel will be on hand to discuss ocean safety and distribute helpful handouts.

At 6:00 p.m. bask in the steel drum sounds of Trinidad North on the Bandstand followed by Jimmy Buffett tribute band, Parrotbeach at 7:30.

Sunday, May 27th return to the Bandstand from 1:00 to 6:00 p.m. for the inaugural Bethany Beach Hermit Crab Derby.  Choose a crab to race or just watch the fun play out in this event run by the National Crab Racing Association and backed by Florida Marine Research.

The U.S. Navy Cruisers Band will finish out the day with a performance at 7:30.

On Monday, The VFW Post 7234 will conduct a Memorial Day service at 11:00 a.m. on the Bandstand.

Steel drum duo Island Fusion will close the festival from 2:00 – 4:00 p.m.  Hang around for an impromptu limbo contest or conga line as we set the stage for another exciting summer season in the Town of Bethany Beach!

All events are weather related.  For more details, visit  Poseidon Festival

Beach Replenishment Update – 2018

The U.S. Army Corps of Engineers (USACE) Philadelphia District has announced the schedule for the much-needed repair of our beach. The work on our beach is slated to begin between May 20 and May 25, 2018 and is scheduled to be completed within 28 days.

This project, which costs $19,284,320, also includes dune and beach repair to South Bethany and Fenwick Island and will restore 1,437,000 cubic yards of sand to our beaches.

The work on this project will begin in Bethany Beach, move to South Bethany and then to Fenwick Island. Work is scheduled to be completed in Fenwick Island by mid to late July. Continue reading

Retirement

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March 26, 2018

Well it finally happened and I have officially retired after 15 years in the mortgage business in our resort towns. I’ve been contemplating this move for the past year and Sue & I decided that now is the right time to give up the stress and enjoy life more. I’m not getting any younger as most of you know 

I’m going to continue with the blog, writing mostly about local issues golf, and retirement life.  I know I will see most of you around our beautiful resort towns and I look forward to continuing the friendships that have developed over the years.

If you don’t see Sue & I at the Parkway, you’ll definitely be able to find me on the golf course somewhere.  All the very best to everyone one of you and thank you for all of your help and loyalty over the years.

The Jobs Machine Hums

A View from the Beach

ECONOMIC COMMENTARY
March 13, 2018 – 

 

The wild year has continued with regard to volatility in the markets, political headlines and, sadly, national tragedies. Through it all, we have seen three patterns emerge. First, the volatility has been focused mostly in the stock and bond markets. Stock gains were some of the strongest in memory in January and the losses in February came close to wiping out those gains. The bond market has been weak, and this has led to higher long-term interest rates.

Secondly, we have seen an economy which has continued to strengthen, but not overheat. There is no longer talk of the lack of inflation being a threat to growth. But, on the other hand, inflation has not been a major issue either. Lastly, up until now, jobs growth has been rather steady. Other than a hiccup late last year due to the devastating storms we had during the hurricane season, our jobs growth has been holding at a strong enough level to keep unemployment low.

February’s job report saw this trend grow stronger with 313,000 jobs added. The unemployment rate remained at 4.1%. With regard to wages, the story there showed no acceleration of wage growth. Overall this report was viewed as good news. For those waiting and wondering what the Federal Reserve Board’s Open Market Committee will do with interest rates next week when they meet, the consensus is that this report will not change the odds much that the Fed will increase rates. Nothing is a certainty, but if you listened to the Congressional testimony of the new Chairman, Jerome Powell, a rate hike this month is definitely a strong possibility.

 WEEKLY INTEREST RATE OVERVIEW

Continue reading

Telltale Signs that It’s a Scam!

History is jammed packed with stories of innovative ways that scammers have used to trick people to give them their money.  Their possessions. Their homes.

With e-commerce.  Information on the web.  Social media.  Robo-phone calls.  It’s even easier to fall into a scammer’s web of deceit.

So, how can you tell if you are one of their targets?

Well, there is no single solution, but there are warning signs that can tip you off to whether it’s a bona fide offer (or company) or a trick to get your money.

The Offer Is Too Good to Be True.  A product that you’ve always wanted at a ridiculous low price.  That you won a contest (that you never entered).  That you were recommended by a friend (hackers create fake identities using your friends’ profiles) and the friend never mentioned it to you.  That you won a lottery.  A prize.

Find out as much as you can and then Google it.  For example, you won a Samsung TV and all have to do is pay $100 for shipping charges.  Google the term “Samsung TV Scam”.  Get phone numbers to call back.  Most scammers won’t give you phone numbers.  Don’t rely on email addresses because those could be fake too.

Are There Grammatical or Spelling Errors?  Yes, we all make mistakes, but poor English or grammar is a sign that you might be dealing with a scammer.  You may think that the person is not well-educated, but experts say that might not be the case.  Sometimes they are deliberately worded that way to filter out the smarter people, and the most gullible become the victims.

Hurry, This Offer Won’t Last Long  – Scammers use fear or urgency as a tactic to bully you into action, so you don’t have time to ask for help or think things through or do your research.  Legitimate companies will give you time to make a decision.

They Ask You for Money – At some point, they are going to ask for money.  (See The Offer Is Too Good To Be True.)   They will ask for payment in advance to give you the information about the lottery that you “just won”.  They will ask you to “wire” funds.  Even though the bank can trace the funds, scammers often close the bank accounts right after receiving the money.  Don’t give your credit card info either—unless you are absolutely certain that it’s not a scam.  They will use your credit card info to buy stuff.

Do you have a scammer story that you’d like to share so we can warn others?

Tweak Your Withholding Taxes: Filing a New W-4 Form with your Employer

Remember filling out a W-4 form when you were first hired?  It’s the form that determines how much money your employer withholds from your paycheck to pay federal and state taxes—based upon the number of “allowances” that you claimed.

But have you checked to see if it’s still applicable?  Consider adjusting your W-4 form if the following applies:

  1. You owed the IRS money – You may want to have more money withheld from your paycheck. In fact, if you owe too much, the IRS can assess you and add a penalty for not depositing enough money into your account.
  2. You’ve experienced a “life change,” such as
    1. Marriage
    2. Divorce
    3. Birth or adoption of a child
    4. Purchase of home
    5. Refinance of mortgage
    6. Retirement
  3. You expect to earn money from your home-based business or other source that does not withhold income taxes from the check.
  4. You have a change in itemized deductions
    1. Medical expenses
    2. Gifts to charity
    3. Dependent care expenses
    4. Education credits
    5. Child tax credit

To INCREASE the amount of taxes from your paycheck, you will need to DECREASE the number of dependents.  You can also specify a dollar amount—like $50 per pay period.  Likewise, to have LESS money deducted, INCREASE that number.

I recommend that you check your withholding every year—right after you’ve filed your income tax return.  The IRS offers a withholding calculator at www.IRS.gov and you’ll need your most recent tax return and current paycheck stub.  Or, ask your tax preparer to help you adjust your withholding so you don’t owe too much—or get a large refund from the IRS—at the end of the year.

If you are looking for a tax preparer or CPA, please send me a message because I work with many excellent professionals for you to choose from.