Wednesday, March 19, 2014

Proposed Kentucky Bill Would Promote P3s (Public Private Partnerships) in Kentucky; Dan Gilbert's Down Payment on Detroit's Revival; Greater Seymour Chamber (Indiana) Names Tricia Bechman President; Famous Chamber of Commerce Quote: Dale Carnegie: the way to develop self-confidence...

In July, the Kentucky Chamber of Commerce released a report entitled Private Solutions to Public Problems: Partnerships to Build a Better Government. The Chamber report, which was the subject of an earlier post, describes the benefits that public-private partnerships ("P3s") can provide to the Commonwealth. As a refresher, a public-private partnership typically involves a working relationship between a state or local government unit and a private business under which the business builds, finances and/or operates a project the governmental agency would have financed, built and operated in years past. The Kentucky Chamber report provides a broader definition that includes the provision by private entities of a wider variety of government services. Read more:  The National Law Review

Dan Gilbert's Down Payment on Detroit's Revival

In the last five years, the midtown and downtown districts saw private capital investment of about $12 billion — leading to about 12,000 new jobs in those neighboring districts, according to the Detroit Regional Chamber of Commerce.
Sandy Baruah, president and chief executive of the Detroit Chamber, stressed the early role of private investment in creating conditions for the city’s turnaround. “There is not some federal program that is artificially creating this vibrancy,” he said. “These are private dollars coming in, private investors, private businesses, and private individuals who are moving downtown.’ Read more in Free Enterprise

Greater Seymour Chamber (Indiana) Names Tricia Bechman President

The Greater Seymour Chamber of Commerce Board of Directors has named Tricia Bechman the new president. She has served as executive director of the Franklin Chamber of Commerce for more than a decade. Current president (and mentor to many in the chamber industry) Bill Bailey will be retiring after an appropriate period of transition.
Source: Chamber news release

Famous Chamber of Commerce Quote:

The way to develop self-confidence is to do the thing you fear and to get a record of successful experiences behind you.” - Dale Carnegie

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