AUSTELL — GreyStone Power is returning its largest capital ever to members the first week of October.
“During a year when the stock market is uncertain and finances are strained, people who receive electricity from GreyStone Power, known as member-owners, will receive a total combined solid return of $7.5 million for their investment in the cooperative,” GreyStone spokeswoman Vicki Harshbarger said.
GreyStone has returned more than $55 million in capital credits to members since 1936, with the latest installment of $7.5 million to be sent out to 123,386 members during the first week of October, Harshbarger said.
Checks can range anywhere from $5 to several thousand dollars for commercial members, whose businesses consume much larger amounts of electricity. The amount of money members receive is determined by how much electricity they used during the years for which capital is being retired, and the co-op’s cost of distributing the power during that time.
Checks are sent to each member’s last known address. Since some members might have moved from GreyStone’s service area who had service during those years, Harshbarger said it is important to leave a forwarding address with the cooperative. If a check is not claimed after five years, the money is used through the GreyStone Power Foundation, Inc. to fund scholarships for deserving students and assist members and the public through charitable organizations in the community.
GreyStone serves eight counties in Georgia, including Cobb.
HUD gives Marietta $113K
MARIETTA — The U.S. Department of Housing and Urban Development has awarded two Marietta housing authorities a combined $113,767 to help public housing agencies retain or hire service coordinators to work directly with families who participate in HUD’s Housing Choice Voucher program.
The City of Marietta received $56,694 and the Housing Authority of the City of Marietta received $57,070.
Georgia overall received $944,361.
The coordinators will assist these voucher recipients to find employment resources and job training opportunities to put them on a path toward self-sufficiency.
* On Oct. 31, Halloween night, Town Center at Cobb in Kennesaw will present a mall-wide candy trick-or-treat event and its annual Boo Bash on the upper level JC Penney wing from 6 to 8 p.m. Boo Bash activities will include giveaways, a bounce house, face painting and balloon artists. The activities and giveaways are free to Kidgit members, while non-members can join for $5. The trick-or-treating event will include Radio Disney hosting the costume parade and playing Disney hits in the Center Court; a costume contest; and Halloween photos available for purchase. Stores giving out candy will be marked with an orange pumpkin sign in the store window. The mall is located at 400 Barrett Parkway in Kennesaw. For more information, call (770) 424-9486.
* Moore Colson, an accounting firm located off Powers Ferry Road in Marietta, has hired Kelly Patterson as a business assurance manager and Jenna Kelley as a business assurance associate.
* Foundation Financial Group, whose Georgia headquarters are located in the Galleria area, was honored recently for maintaining sound financial principles. Chief Financial Officer Tanya L. Mauro was named one of 11 “Ultimate CFOs” by the Jacksonville Business Journal in its third annual “Ultimate CFO Awards” held Sept. 21.
BofA reports more site issues
NEW YORK — Bank of America’s homepage has had problems for a second straight day.
A message on the bank’s home page Saturday said “some of our pages are temporarily unavailable.” However, customers were able to access the company’s online banking services through a link on its home page. A spokeswoman for the bank, Tara Burke, said there are still “some sporadic issues” and that the site was still slower than usual. She declined to comment on the reason behind the problems.