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Government

In the latest twist as the state tries to get a legalized marijuana industry going, the Suquamish Tribe wants a license to sell marijuana on the Port Madison reservation.
 
The Kitsap Sun reported that the tribe has proposed an agreement with the state Liquor Control Board to create a framework for legal pot sales by the tribe and tribally approved businesses.
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Kitsap County is seeking road project ideas and suggestions to be included in the six-year Transportation Improvement Program (TIP).  read more »

 

 

BUSINESS WIRE

WASHINGTON — The Smart Cities Council, an industry coalition to improve the livability, workability and sustainability of the world’s cities, has released a new resource to help cities understand the financing options available for technology projects. The Smart Cities Financing Guide outlines 28 of the most promising financial tools for urban infrastructure enhancements, including some techniques that do not require any upfront money from the city. read more »

 
A Q&A with Kitsap County Sheriff Steve Boyer

Kitsap County Sheriff Steve Boyer has served four terms in office and been in law enforcement 43 years, but he has decided not to run for re-election again.Steve Boyer, Kitsap County’s sheriff for the past 15 years, announced recently that he will retire at the end of his fourth term this year. read more »

 
Ukraine

The American Petroleum Institute is following Rahm Emanuel’s playbook, and using the crisis in Ukraine as an argument for swift action by the federal government to increase U.S. exports of liquefied natural gas.

“You never want a serious crisis to go to waste,” Emanuel said when the now-mayor of Chicago was President Barack Obama’s chief of staff. read more »

 

A bill to extend funding for homeless assistance programs is still in play this week in the Legislature, despite state Sen. Jan Angel’s controversial blocking of the bill in committee recently.

Last Friday was the cutoff for moving bills forward this session, but House and Senate leaders agreed they would continue working on House Bill 2368 this week. The legislative session ends Thursday.

Angel (R-Port Orchard) said in emails sent last weekend to the Kitsap Peninsula Business Journal that she would have a new bill coming forward this week that would require an audit of state funds collected from a $40 fee paid on certain real estate transactions. That money is shared among counties and the state Department of Commerce to provide local homeless housing and assistance. read more »

 

State Sen. Jan AngelAfter a week in which state Sen. Jan Angel drew strong criticism for blocking action on a bill to extend a funding source for programs that help the homeless, the Port Orchard Republican issued a press release trying to change the focus.

The press release issued March 7 noted that Angel’s decision to “hold” the bill — HB 2368, which would extend a temporary $40 fee on real-estate transactions to fund homeless assistance - “has caused a flurry of controversy and inaccurate accusations, despite her good intentions.”

The Seattle Times published an editorial March 6 that began: “State Sen. Jan Angel’s willingness to kill a bill that would help the homeless is wrong read more »

 

Washington state Insurance Commissioner Mike Kreidler is accusing Premera Blue Cross of using its political influence to gut a bill designed to protect the public from Ponzi schemes and financial meltdowns.

Premera sought and won an amendment last week to a bill known as the Holding Company Act that would give insurers a lengthy appeals process before the public release of financial information that they consider proprietary, such as reports on how they manage risk and other sensitive financial records.

When the change was made, Kreidler’s office fired off a press release saying the insurance company has too much influence in Olympia, and that the changes would harm consumers. read more »

 

Every day, startups and entrepreneurs across Washington develop exciting new products and services that might benefit consumers. Of course there are no guarantees. Any two-guys-in-a-garage idea could lead to brilliant commercial success or miserable failure, but there is no way to know until the new product or service is tested in the real-world marketplace. All these would-be profitable business owners face a basic problem (unless they are already wealthy) - raising enough money to get started.

The people behind any startup are usually untried and hold few assets, so they often can’t secure a bank loan, and their nascent project isn’t big enough to incorporate and launch a conventional IPO. One answer is crowdfunding, leveraging the connecting power of the internet to collect small contributions from a wide variety of people at very low transaction costs. The method can be used to finance nonprofit or for-profit projects. Either way, using crowdfunding to raise money is popular, simple and voluntary. read more »

 
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