Parker News in a Hurry - Sept. 26

Staff Report
Posted

‘Sleepy Hollow’ ushers in Halloween

New York’s Tarrytown comes alive in a delightful adaptation of the Washington Irving classic, “The Legend of Sleepy Hollow.”

It’s a family-friendly way to celebrate Halloween early. The show features Ichabod Crane as the new schoolmaster assigned to Sleepy Hollow, a small town by the Hudson River. He sets his eyes on Katrina, the eldest daughter of rich farmer Baltus Van Tassel. But Katrina is already “claimed” by Brom Bones, the biggest bully in town.

As Ichabod woos the fair Katrina, Brom schemes to regain what he considers his rightful place. He blackmails eight unwilling witches into conjuring up the infamous Headless Horseman.

Show times are 7 p.m. Oct. 5 and Oct. 12, and 3 p.m. on Oct. 6 and 13 at the Mainstreet Center in downtown Parker. Tickets are $10. Those who purchase their tickets online at parkerartscouncil.org will be entered to win prizes. Tickets may also be purchased at the door.

Parker gets good tax bond rating

Fitch Ratings has assessed the Town of Parker’s credit rating for its 2006 sales and use tax bonds as “AA,” a stable outlook. The rating, defined as very strong, is one of the agency’s highest grades.

Sales tax revenue bonds, which stand at approximately $11.4 million from the 2006 fiscal year for Parker, provide communities the opportunity to finance the development of major projects. Among the ventures financed during the 2006 fiscal year was the Parker Fieldhouse.

Fitch’s “AA” rating means that the agency views the likelihood of the town meeting its financial obligations as very strong. The Fitch rating continued a trend of strong recent grades for Parker. Standard and Poor’s also gave the Town a “AA” rating with stable outlook on its sales and use tax bonds for 2006 in March. Several key factors were behind the recent high grade, including:

Above-average economic indicators: The town exhibits above-average economic and demographic factors including high wealth and education levels and low rates of unemployment.

Strong financial flexibility: Large financial reserves held by the town offset the dependence on high sales tax revenue, which has the potential to be volatile.

Growing local economy: Recent population growth and high demand in the regional housing market have resulted in healthy sales tax revenue gains for the town during the past few years.

Mixed debt profile: Costs for the town’s debt, pension and other post-employment benefits are affordable and are expected to remain so in the foreseeable future.

Rec center open house set

An open house is planned to let the people of Parker get a glimpse of the upcoming renovation project for the Parker Recreation Center.

From 9 a.m. to noon Oct. 5 at the rec center, the public can learn the most recent project information and view updated renderings. Citizen review and input is encouraged. The floor plan and exterior architectural designs are being finalized.

The project, which is expected to commence next summer, will add approximately 34,000 square feet of new or renovated area. During construction, some areas within the building will be closed. The official unveiling of the expansion is projected for summer or fall 2015.

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