Document 651885
Transcription
Document 651885
First Quarter 2015 Message from the President 2015 BOARD MEMBERS OFFICERS President Debbie Reading Dunlap Partners Engineers ! President-Elect/ National Delegate Liz Steele Stewart Title ! Secretary Amelia Wehunt Timmons Group ! Treasurer Michelle Graves Biegler & Associates, P.C. ! Past President Sandy Whitehead Commonwealth of Virginia ! DIRECTORS Rowena Fratarcangelo Chris Hairston-White Ginny Johnston Brenda Karp Chandra Lantz Kate Wagner Debbie Wake 2015…..Can you believe we are 15 years into the new millennium? I remember when I was a little girl (very little) and thinking about the new century. I would count up how old I would be when 2000 came and I thought, “Wow, I will never live to see it, I will be too old!” Of course, parts of my thoughts were spot on (the old part) but here I am in 2015 still kicking up a fuss! Times have changed so much in my life time. Some of our youngest members do not remember life without a microwave oven or only having a black and white television or telephones that were actually mounted on the walls with cords attached, heaven forbid! These young women are our future leaders. These are the 2015 “Women to Watch” as we celebrate our 25th Anniversary and move forward into another 25 years and beyond of leadership in the commercial real estate industry. It’s an exciting year for CREW Richmond with excellent upcoming programs and events. From our monthly meetings and special members’ events to our philanthropic service to others, we will be keeping our members engaged, informed and educated. 2015 is about Leadership. Leadership - lead·er·ship (noun) 1.The ability to guide, direct, or influence people 2.The office or position of the head of an organization or other body of people 3.Guidance or direction. As members, we all are leaders in this industry and we set the precedent for our future women leaders. Whether we are the visionary leader, the motivational leader, the shepherding leader or a combination of several, we represent the women in our business and help to set the tone for the advancement of Women in Commercial Real Estate. Several years ago I was fortunate enough to see Colin Powell Page 2 speak about Leadership. As one of our country’s greatest and strongest contemporary leaders, Mr. Powell’s words resonated with me. “If you are going to lead….LEAD, take care of your troops, have an execution plan, perpetual optimism is a force multiplayer, egos are your worst enemy and…… to LEAD is an Honor.” 2015 is about the 20+ women who took on this role 25 years ago and started an organization promoting women in commercial real estate which, until recent years, had been a male dominated profession. These women took a chance, had an execution plan and created a pathway trailblazing the way for all of us to follow. It is in these footsteps I am honored to follow and serve. Thank you! Debbie Reading 2015 President CREW Richmond Meet Your 2015 Board Members President - Debbie Reading is Director of Business Development for Dunlap and Partners Engineers where she is responsible for marketing and business development. Dunlap and Partners is a multifaceted firm specializing in projects from small tenant upfits to large scale corporate headquarters such as MeadWestvaco and the new Gateway Building downtown with a focus on sustainability and energy modeling. Prior to joining Dunlap and Partners in 2008, Debbie provided marketing and design services for several other design firms including Baskervill, Smarter Interiors and Thomas Hamilton and Associates. An avid “Buckeye” fan, Debbie originally hails from central Ohio where she attended Franklin University and Capital University. She gets back to “Buckeye Land” several times a year where her extended family still resides. In 2004 Debbie joined CREW Richmond and has served on the board in various capacities including Network Liaison, Secretary and Director of Programs. Debbie resides in Midlothian with her husband of 25 years, Tim and their puggle, Zoey and little black cat, Miss Stella. They have 3 grown children Jarrod, in Richmond, Matthew in Peaks Island, Maine and Rebecca in Wilmington, North Carolina. Debbie is very involved and volunteers as much as possible with UNOS (United Network of Organ Sharing) which has a very special place in her heart. President-Elect - Liz Steele is Commercial Accounts Manager/Commercial Counsel for Stewart Title in Richmond, Virginia. Liz received her J.D. from Seton Hall School of Law in Newark, New Jersey in 1993 and was in private practice for several years in New Jersey before going inhouse with the claims division of AIG Environmental Page 3 in New York, New York. In 1998, she relocated to Richmond Virginia where she has worked as commercial underwriting counsel and claims counsel for various national and regional title underwriters. She is mom to three, an avid runner and skier and a self-proclaimed “cranky yankee”. Immediate Past President - Sandy Whitehead is a registered architect, working for the Commonwealth of Virginia as a review architect in the Bureau of Capital Outlay Management (BCOM). As a state review architect, Sandy works for the State Building Official evaluating plans and specifications prepared by other architects and engineers for compliance with the building code, accessibility regulations, specific Commonwealth of Virginia requirements, and general constructability. Sandy also inspects construction and processes Building Permits and Certificates of Use and Occupancy. Sandy is involved with a variety of project types, from $50,000,000 state-of-the-art University science buildings, dormitories, and libraries to much smaller Visitors’ Centers for the Virginia State Parks. Prior to joining BCOM in 2009, Sandy worked as a Project Architect and Associate for 23 years at Baskervill on a variety of Commercial, Retail, and Health Care projects. Sandy graduated from the architectural school at the University of Virginia, and became a registered architect in 1994. Sandy is also a Leed AP, a Green Globes Professional (GGP) and has ICC (International Code Council) certifications in Plans Review and Commercial Inspections. Sandy joined CREW Richmond in 2006, and served as the 2014 CREW Richmond Chapter President. Sandy and her husband John have two children: Kevin who will graduate from the University of Virginia in May, and Julia who attends the University of South Carolina and is spending the next two semesters abroad attending the University of Chile in Santiago. Treasurer - Michelle Graves began her career with Biegler & Associates in 1993. She has over twenty years of experience in small business accounting, providing services including accounts payable, accounts receivable, payroll and payroll tax preparation and reporting, general ledger accounting, financial statement preparation and bank reconciliation. She also has over ten years of experience with real estate development and accounting, notably with real estate tax credits and complex entity structures. She is a QuickBooks ProAdvisor and enjoys assisting clients with accounting software setup, training and support. Michelle is also one of the instructors for the Becker CPA Review Course in Glen Allen, Virginia. Michelle has a B.S. degree in Accounting from the University of Phoenix, and received CPA certification in July 2007. Secretary - Amelia Wehunt is a licensed professional engineer and project manager at Timmons Group, a consulting firm specializing in multidisciplined civil engineering services. Over the past eight years she has developed specialties in site Page 4 design, redevelopment, and stormwater management. Much of her work, in addition to designing and preparing construction plans, involves stakeholder coordination and work sessions, representation at public meetings, and providing construction support services. Prior to working at Timmons Group, Amelia attended the University of Virginia where she majored in civil engineering and minored in engineering business. In her spare time, Amelia enjoys spending time with her husband Mark, son Philip, and their two chocolate labs. Director, Community Service - Brenda Karp is the Vice President of Leasing for The Breeden Company, a commercial, multifamily, residential, and resort developer based in Virginia Beach, Virginia. Brenda is responsible for The Breeden Company’s commercial real estate portfolio which includes the sale and development of land as well as securing National, Regional, and local tenants for their Richmond, Yorktown, Newport News and Smithfield, Virginia shopping centers. Brenda has more than 20 years of corporate real estate experience including tenant and landlord representation, site and market analysis, sales forecasting, and acquisition due diligence. Her career has included positions with HeiligMeyers Furniture, Richfood Holdings, The Shopping Center Group, Divaris Real Estate and The Breeden Company. Director, Sponsorship - Debbie Wake has been in the real estate industry for over 30 years. She began her career at Best Products in their real estate department and negotiated leases and purchase agreements for their new retail locations. She then worked at the headquarters for Marriott Hotels doing hotel development. Later, she moved back to Richmond and worked at Investors Savings and Loans and was responsible for restructuring their hotel loans. After the RTC took over the bank, she moved to the real estate department for Heilig Meyers Furniture. In 2000, she started her brokerage career with Divaris Real Estate and has represented owners of property, national tenants in their real estate expansion program in VA, and the Commonwealth of VA with their real estate needs. Debbie has been married to Jim Wake for 19 years and has three children, Eric, Lee and Moly. She enjoys spending time on the water, diving, hiking, and just having fun! Director, Communications - Kate Wagner Kate Wagner is SVP – Commercial Lending for McLean, VA based Sonabank with her office in Midlothian, VA. She is a veteran commercial lender with 30 years of banking experience working with companies in a wide variety of industries. As a generalist in commercial lending, Kate has experience in the full spectrum of financing options from SBA loans to land development loans. She specializes in working with business owners that desire a true financial partner. Kate obtained a BA in Economics from the University of Massachusetts/Boston in 1982 and an MBA in 1984 from the Mason Collage of Page 5 Business at William and Mary with a concentration in finance. She is currently a member of CREW Richmond, GRACRE, Henrico Business Leaders, Short Pump Rotary Club, Midlothian Business Alliance, Venture Forum, and the Chesterfield Chamber of Commerce. Kate and her husband, Clayton, live in Midlothian with their various four legged and feathered children. Outside of work, she enjoys community service, golf, reading, cooking, and playing with the aforementioned children. Director, Programs - Chris Hairston-White Chris R. HairstonWhite is a Sr. Business Banking Relationship Manager, Vice President at Wells Fargo Bank, N.A. Mrs. HairstonWhite’s passion for business is fulfilled by effectively acquiring, managing, and growing account relationships of small businesses and accurately assessing their financial needs for the purpose of formulating a business plan and strategies. Her portfolio consists of business clients that have gross revenues between $2MM to $20MM. She received her Bachelors of Science from Virginia Commonwealth University and began her career with Bank of America. After two years as a Personal Retail Banker she grew to a position as a Retail Banking Manager. She later transitioned into Business Banking with Premier Bank, Inc formerly Consolidated Bank & Trust Co. as Vice President-Commercial Lender and eventually earned her a spot as Business Relationship Manager at Wells Fargo, NA. Beyond her 11 years in banking, Chris has a strong presence in the community. She is a member of Commercial Real Estate for Women (CREW) Richmond, Leadership Metro Richmond Class of 2009, and Board of Directors for ART 180. She has contributed on the Associate Board for the Center Stage Foundation, Board of Directors for Virginia Tourism Authority, and Board of Directors for F.I.R.S.T. Contractors, Inc. Chris enjoys spending time with her family, gardening, and interior design. She currently resides in Henrico County, Virginia with her husband, Dwayne, two beautiful children, Kameron and Kirsten. She can be contacted at [email protected] or at (804) 697-7431. Director, Membership - Ginny Johnston Virginia W. Johnston, CID, is Director of Interior Design at Commonwealth Architects, and brings over 10 years of expertise in design, planning and project management to the firm. Her knowledge of current design trends has helped to enhance the spaces of clients in the corporate, government, and higher education sectors. Throughout her career, Virginia has been an integral part of interdisciplinary design teams that have been recognized with numerous awards and loyal repeat clients. Recent projects include the MWV Headquarters, Gumenick Properties Headquarters, Riverfront Investment Group & Old Dominion Electric Cooperative. Director, Media Relations - Chandra Lantz is a partner whose experience crosses several practice areas. Her practice includes commercial business disputes in state and federal courts with special emphasis on Page 6 construction litigation and disputes connected with the use and development of real property. She also tackles unique land use disputes on behalf of private entities as well as local governments. Chandra represents clients in both the prosecution and defense of significant contract claims, business claims, business torts, and insurance coverage disputes. She routinely advises owners contractors, subcontractors, design professionals, sureties and others in the construction and real estate development industries regarding construction matters, title disputes, and zoning litigation. Her practice also includes title insurance issues including coverage, ownership, title defects and encumbrances. Prior to joining Hirschler Fleischer, Chandra was a judicial clerk for The Honorable Elizabeth B. Lacy of the Supreme Court of Virginia. She uses this insight in her appellate work before state and federal appellate courts. Director, Network Liaison - Rowena Fratarcangelo Rowena Fratarcangelo, Network Liaison, CREW Member for 7 years I work for the Greater Richmond Partnership, the regional economic development group that represents the City of Richmond and Hanover, Henrico, and Chesterfield counties. As Vice President, Business Development, I am part of the business attraction and marketing team. We market the Richmond region globally, and in 2014 I was incredibly fortunate to lead three trips to Germany. I regularly work with all types of domestic and international companies that are looking to relocate or expand in Greater Richmond. I assist with their site selection process, helping them find appropriate real estate, educating them on the benefits of locating in the region, and facilitating connections with local service providers, area universities, and existing businesses. My husband, Dante, and I live in the City of Richmond with Tigger and Rudy, our two rescue dogs. I’m in a book group and play on a women’s volleyball team at the Richmond Volleyball Club. Although I’ve lived in Richmond since August 1990 and regularly show prospects around the region, there are still so many things in the area that I haven’t seen or done. In honor of my upcoming anniversary of being a Richmond resident, I’m working on a list of 25 things to do by 25! Administrator - Tamsin Hepner is a Professional Engineer and graduate of Virginia Tech, where she received a degree in Biological Systems Engineering. She worked in civil engineering for 15 years, most recently as a project manager for Timmons Group. While at Timmons Group she also organized and hosted the "Commercial Coffee” networking events. Now she works as the Administrator for CREW Richmond. She also spends her time at home taking care of her three young daughters. ! CREW RICHMOND CELEBRATES 25 YEARS!!! In celebration of CREW Richmond's 25th anniversary (1990-2015), the CREW Richmond Past Presidents are planning an event to honor the "Top 25 Women to Watch" in Richmond's commercial real estate market. The celebration will take place in November 2015. Details on how to submit nominations to follow! Page 7 CREW Richmond 2014 Holiday Party ! ! ! ! On Wednesday, December 10th, CREW Richmond members enjoyed an evening holiday party held at the home of CREW member Jane Sper. The attendees were treated to beautiful views from Jane’s home in The Prestwould off Franklin Street, and feasted heartily on a buffet of tasty appetizers. Our hostess prepared a special martini blended with grapefruit and pomegranate that was refreshing and slightly deceptive in its potency (see recipe below). Congratulations to Caroline Browder who was the door prize winner of a Southern Seasons gift basket! Special thanks to Ginny Johnston for coordinating our Bus Ticket “Drive” for Flagler of St. Joseph’s Villa. Thanks to the generosity of our members, CREW Richmond raised $550.00 to purchase bus tickets for families in Flagler’s Rapid Rehousing Program. ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! Jane Sper’s Holiday Martini Recipe ! 1 ½ oz vodka (Jane uses Belvedere) 1 oz fresh pink or red grapefruit juice 1 oz POM pomegranate juice ¾ oz St Germaine Fill a cocktail shaker with ice. Add all the ingredients and shake. Pour into a chilled martini glass and ENJOY!! Page 8 January Luncheon Meeting by Kate Wagner It was apropos that the program for our introductory luncheon meeting at our new venue at the John Marshall Ballrooms was Speed Networking as members had an opportunity to introduce themselves to other members they may not have known well. While each luncheon includes an opportunity to make connections, some of us may tend to associate with members we know fairly well and miss a chance to become more familiar with the skills and interests of other members. As a new member last year, I remember feeling a bit overwhelmed with the number of members I didn’t know coming into the group, and being anxious about “breaking into” this group of very successful and talented women. The Speed Networking program at the January meeting was well organized, and each attendee was assigned to three stations out of 15 total. For a 10 minute period, the assigned to that same table. At the end of the 10 minutes, the group would move on to the second assigned station and repeat the process with a new group that gathered at that particular spot. Repeat one last time, and most of us had an opportunity to really get to know at least six members we may not have known well in the past. The challenging part was breaking up at the end of each 10 minute period, and a number of tables found themselves immersed in a vigorous conversation and reluctant to leave! A very productive event with lots of positive feedback from the attendees. ! Congratulations to Lacey Martin who was the door prize winner of the Carytown Burgers & Fries networking lunch gift. attendees went to the first numbered station, and spent time connecting with the others Page 9 February Luncheon Meeting by Kate Wagner Our hearty members braved the elements to attend the February luncheon meeting featuring Kim Scheeler, President and CEO of the Greater Richmond Chamber of Commerce, and his presentation on “Innovation and the Entrepreneurial Ecosystem in RVA”. The traditional model of economic development components of an Entrepreneurial Ecosystem are: • Creative People • Cool Places to Live and Work • Startup Accelerators (Lighthouse Labs, RVA Works, 80 amps, etc) • Early Investors (NRV, Virginia Capital Partners) • Engaged communities (Venture Richmond) • Institutional Funding • Partnering Universities (VCU, U of R) • Innovative Industries Scheeler concluded his remarks by discussing changes within the Small Business Development Center (SBDC) that will better align its resources with the technology and venture orientation of its client base. ! has relied on trying to entice large companies to relocate to a region. In the 21st century, this traditional approach has been coupled with talent focused incentives to ensure the workforce, millennials and younger, attracts economic development. Scheeler outlined the approaches to growing an entrepreneurial ecosystem; Talent Development is a Long Term commitment, while Talent Attraction came be achieved through Short Term strategies. Given that millennials tend to prefer entrepreneurial economies, short term initiatives include i.e.* Entrepreneurial Trilogy, RVA Internship Portal, YRichmond and HYPE. Long term, the key is building an Entrepreneurial Ecosystem. The Rowena Fratarcangelo, Network Liaison, informed the attendees of the resources available through the CREW Network website, and reported that only 18 of CREW Richmond’s 64 members had current bio information on the CrewBiz portion of the website. In order for CREW Richmond to achieve the Gold Standard level in this area, a greater proportion of our membership needs to see that their bio is included with their membership listing. She requested that we target at least 30 members with bios by our next luncheon meeting. ! Page 10 Ginny Johnston, Membership Director, reported that two new membership categories have been created for CREW Richmond: a Student membership and a Retired Professional membership. Annual dues are lower than regular memberships in both categories. ! Congratulations to Jessica Ewald for winning the door prize Carytown Burgers & Fries network lunch gift. ! Ginny Johnston announced that the Bluegrass Ball to benefit Flagler House would be held on May 16, 2015. ! ! ! ! ! ! ! Congratulations!! Ginny Johnston has been promoted to Director of Interior Design at Commonwealth Architects! ! Page 11 New Members Renee McDowell brings with her to Dominion Service Company over a decade of administrative, marketing and managerial experience and specializes in small business growth. She believes that Relationship Marketing & Customer Service has contributed to her success in growing companies. Treating the customer to a buying experience that you would want yourself & getting to know your customer is vital. Renee is also extremely passionate and well known for her philanthropy, leading & volunteering for many nonprofits in the area. She believes community involvement and giving back to those who supported your company and growth are also vital to one's success. She was born and raised in Richmond, but recently returned back from residing in the Outer Banks after the birth of her daughter who is now 7 months old. She also has a four legged son who is 8. She enjoys sports, concerts, food, craft beer, wine, traveling, roller coasters and skydiving.She can be reached at [email protected]. Tammy Philblad works as a Regional Property Manager at Excel Trust - a real estate investment trust specializing in open air shopping centers. She has 15 years of experience in the field of real estate and commercial property management, including portfolio management, lease administration, transaction management, project and construction management, facility management, lease negotiations, tenant improvements, property renovations, tenant evictions and financial reporting. Her strengths include project organization and is extremely detail oriented, works well under pressure and thrives on a heavy workload. She has the ability to maintain excellent relations with tenants to determine issues that might affect their business and assures compliance with their lease terms. One of the properties Tammy is currently managing is West Broad Village in Short Pump, Virginia, where she resides with her 12-year old daughter, Savannah. Tammy can be reached at [email protected]. Stephanie Kite is Program Manager for the VCU Kornblau Real Estate Program. Stephanie works year-long to help plan and coordinate the annual VCU Real Estate Trends Conference. In addition to the conference, she works closely with the faculty of the Program to manage all administrative functions, advise students, review curriculum and organize meetings and activities for the real estate professional fraternity, Rho Epsilon. She has worked for the Program since 2012, but has been with VCU for 15 years. She is a proud VCU alum and is completing a Social Media Strategist certification. Stephanie is from Richmond, VA and is married to Trae where they raise their three children; Justin, Jonathan and Jenna. Stephanie can be reached at [email protected]. Page 12 CREW Richmond 2015 Sponsor Spotlight Skyscraper Sponsor - Brandywine Realty Trust Brandywine Realty Trust is one of the largest, publicly traded, fullservice, integrated real estate companies in the United States. The company is headquartered in Radnor, PA., and has regional offices in Pennsylvania, New Jersey, Virginia, Texas, and California. Organized as a real estate investment trust in 1986, Brandywine owns, leases and manages an urban town center portfolio comprising 286 properties and 34.1 million square feet as of December 31, 2014. In the Greater Richmond market, Brandywine owns and/or manages over 4 million square feet of office and office-flex properties primarily in the Arboretum, Boulders, Dabney Center, Southpark and Paragon Place business parks. Patricia Taylor-Marais, CID, Director of Design, oversees the in-house design services of Brandywine’s Central Virginia Region. Her work encompasses all facets of design, building renovation process and office product procurement and development. Since joining Brandywine Realty Trust in 2011, Ms. Taylor-Marais has been involved in the planning and construction of over 1.5 million square feet annually of office space. She has over 24 years of commercial real estate related experience. For more information, contact Patricia at (804) 521-1861 or [email protected]. Highrise Sponsor - Dominion Service Company Dominion Service Company is a privately held, local HVAC & Electrical company with roots dating back to 1979. When the firm was started by the Tunnell family, they had one goal in mind: Deliver outstanding service, value and honesty to our clients. As the firm has continued to evolve, improve and modernize its approach and mentality with respect to heating, cooling and electrical service, its core values, commitment to excellence and focus on customers has never changed. Dominion Service Company started exclusively servicing commercial HVAC customers in Richmond and expanded into the Hampton Roads market in the mid-1980s. In early 2014, the company opened a presence in Northern Virginia as a result of referral requests. While the firm does offer residential services now, its focus remains on commercial work and the Northern Virginia office is solely serving that market. Renee McDowell, Business Development, joined the company in July of 2014 and is using her contacts from her days as marketing manager at Stockner’s Nursery to grow the business. She is a Richmond native, and returned to the area to join Dominion Service Company. For more information, contact Renee at (804) 745-0007 or [email protected]. Page 13 ! CREW Richmond UCREW Event !CREW Richmond hosted a UCREW luncheon on November 19, 2014. UCREW is an interactive session designed to introduce the opportunities available in commercial real estate to university students and women looking to change careers or re-enter the workforce. The Richmond UCREW event brought together nearly 20 students and university staff from Virginia Commonwealth University, Virginia State University, and Virginia Union University. Participants were divided among multiple tables with one or two CREW Richmond members at each table. CREW members introduced themselves and gave a short summary of their educational backgrounds, work experience, offered suggestions about breaking into the field, and answered questions. University participants then rotated to a new table to hear from CREW members at that table. Hosting multiple universities in one setting allowed students to gain additional networking experience and provided a change of scenery from campus events. Special thanks to Andrea Brandenburger for organizing a fun and successful UCREW event and to CREW Richmond members Jessie Ewald, Debbie Reading, Monique Johnson, Sandy Whitehead, Deborah Fourness, and Lee Ann Gudorp for volunteering for the event. If you want to help plan or to participate in a 2015 event, contact Rowena Fratarcangelo at [email protected]. ! CREW Networking !! ! Carytown Burgers & Fries has graciously donated 2 free lunches per meeting (up to 8 meetings). The drawing is open to members at each meeting. This way the winning member can use the free lunch to network with another CREW member! Good luck ladies!! Members Only — Please remember to drop your business card in the bag to be eligible to win. Congratulations to Lacey Martin from Dewberry who was January’s winner of the Carytown Burgers & Fries lunch and to Jessie Ewald from Draper Aden Associates who was February's winner of the Carytown Burgers & Fries lunch! Save the Date CREW 2015 Leadership Summit - June 18 - 19, 2015 - Baltimore, Maryland ! Page 14 Virginia Legislative Update! !February 23, 2015 ! Proposed Laws That May Impact Your Real Estate or Development Business !By Chandra D. Lantz, Esq. !The Virginia General Assembly convened on January 14, 2015. Below is a sample of bills still pending before the General Assembly that may impact the opportunities and obligations of companies in the real estate and development industries. !REAL PROPERTY DISCLOSURES ! HB 1642 Residential property disclosure regarding special flood hazard zones. Adds and additional representation to the seller's representation to a prospective purchaser of residential property under the Virginia Residential Property Disclosure Act, stating that the seller makes no representations as to whether the property is located in a special flood hazard zones. !LAND USE AND ZONING ! SB 1019 Reduction in maximum allowable land preservation tax credit. Reduces from $100,000 to $20,000 the maximum amount of the land preservation tax credit that may be claimed beginning with income tax returns for taxable year 2015. Any taxpayer affected by the credit reduction would be allowed an additional taxable years in which to claim the land preservation tax credit. !HB 1828 Land preservation tax credit changes. Reduces the maximum amount of tax credits that may be issued in each calendar year from $100 million to $85 million beginning in 2015. Reduce the maximum amount of the land preservation tax credit that may be claimed in any year by a taxpayer to $20,000 in taxable years 2015 and 2016 and $50,000 for each taxable year thereafter. Also makes changes to the application filing deadline and prohibits the Department of Taxation from issuing any tax credit for a donation from any allocation or pool of tax credits attributable to a calendar year prior to the year in which the complete tax credit application for the donation was filed. !SB 1312 Private roads. Prohibits enforcement of a provision in a recorded deed or plat for a subdivision of 50 or fewer lots that prohibits the owner of a private road from dedicating the road for public use or reaching an agreement with the locality or the Department of Transportation for the improvement or maintenance of the road. !LANDLORD AND TENANT ! HB 1867 Residential Landlord and Tenant Act; visible mold remediation. Requires a landlord to promptly remediate mold conditions where there is visible evidence of mold in a dwelling unit and to make available to the tenant copies of any available written information related to the remediation of mold. !HB 1905 Landlord and tenant law; retaliatory conduct by landlord. Modifies the standard Hirschler Fleischer! ! www.hf-law.com! Page 15 for finding retaliatory conduct by a landlord by removing the threshold finding that the "primary" reason for a landlord taking an action for possession or termination of a rental agreement is retaliation. He law prohibits an increase in rent, decrease in services, action for possession, or termination of a lease after a tenant has made a complaint regarding code compliance, alleged a violation of law, joined a tenants’ organization, or testified against the landlord, except where the tenant is in default or at fault for the violations. !PROPERTY OWNERS ASSOCIATIONS ! SB 1008 Condominium and Property Owners' Association Acts; statement of unit and lot owner rights. Provides that every unit owner under the Virginia Condominium Act and every lot owner under the Property Owners' Association Act, who is a member in good standing of the unit owners' association or property owners' association has the right (i) of access to all books and records kept by or on behalf of the association, (ii) to cast a vote on any matter requiring a vote by the association's membership in proportion to the unit or lot owner's ownership interest, (iii) to have notice of any meeting of the executive organ or board of directors and to participate in such meeting, (iv) to have notice of any proceeding conducted against the unit or lot owner to enforce any rule or regulation of the association and the opportunity to be heard and represented by counsel at such proceeding, and (v) to have all funds of the association managed in accordance with generally accepted fiduciary standards. !! Chandra Lantz is a trial lawyer and member of Hirschler Fleischer’s Construction & Suretyship Practice Group and Insurance Recovery Team. She also chairs the firm’s Local Government Law practice. She handles a variety of commercial business disputes and provides counseling and risk management services for the construction and development industries. Contact: Chandra D. Lantz, 804.771.9586 or [email protected]. ! ©2015 Hirschler Fleischer. Attorney advertising materials. These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create an attorney-client or similar relationship. Please do not send us confidential information. Past successes cannot be an assurance of future success. Whether you need legal services and which lawyer you select are important decisions that should not be based solely upon these materials. Contact: James L. Weinberg, President, Hirschler Fleischer, !! !! The Edgeworth Building, 2100 East Cary Street, Richmond, Virginia 23223, 804.771.9500. 6400284-1 088000.00063 Hirschler Fleischer! ! www.hf-law.com! Page 16 Virginia Legislative Update! ! February 23, 2015 ! Proposed Laws That May Impact Your Construction Business !By Chandra D. Lantz, Esq. !The Virginia General Assembly convened on January 14, 2015. Below is a sample of bills still pending before the General Assembly that may impact the opportunities and obligations of companies in the construction industry. !PUBLIC PROCUREMENT ACT ! HB 1835 Methods of procurement; job order contracting and cooperative procurement. The bill contains numerous technical amendments at the recommendation of the General Laws Special Joint Subcommittee Studying the Virginia Public Procurement Act. Makes numerous changes and clarifications to the public procurement procedures: ! • • • • • Clarifies that small purchase procedures include the procurement of construction. Clarifies that term contracting for architectural and engineering services may be used in certain instances but that the sum of all such projects in a one-year period shall not exceed $500,000, but with certain exceptions (such as, the limit for a state agency is $1 million and for localities with populations in excess of 80,000 the limit is $5 million). Increases the limits for job order contracting to $500,000 for single-job and $5 million total in one year and provides that (i) order splitting to avoid maximum dollar amounts is prohibited, (ii) no public body shall issue or use a job order solely for the purpose of procuring professional architectural or engineering services, and (iii) job order contracting shall not be used for construction, maintenance, or asset management services for a highway, bridge, tunnel, or overpass. The bill clarifies the provisions of the VPPA related to cooperative procurement. Certain public bodies are required to report their experiences and findings relating job order contracting in general, the job order project cost limitations, and the architectural and professional engineering term contract limits to the Chairmen of the House Committee on General Laws and the Senate Committee on General Laws and Technology. !SB 1226 Requests for proposal requirements. Provides that Requests for Proposal must include the specifics of any scoring system to be used in evaluating bids and to indicate the weight that will be given to individual components of a proposal. !HB 1608 Prohibiting certain local government practices that would require contractors to provide certain compensation or benefits. Prohibits localities from establishing procurement provisions that would a contractor to use a wage floor or any other employee benefit or compensation above what is otherwise required by state or federal law. The prohibition shall not affect contracts between a locality and another party that were executed prior to January 31, 2016, or the renewal or future rebids of services thereof. Also, localities shall not be prohibited from entering into contracts for economic development incentives in which the company receiving the incentives is required to maintain a certain stated wage level for its employees. Hirschler Fleischer! ! www.hf-law.com! Page 17 !HB 1628 Contract modification limits. Provides that the limitation on the amount by which a fixed-priced contract may be increased do not limit the amount a party to a public contract may claim or recover against a public body in the event of a contract dispute, but that the unauthorized approval of a modification cannot be the basis for a contract claim or dispute. !HB 1637 Job order contracting and design professional contracts. Increases the project limit for job order contracting to $500,000 for single tasks and to $4 million for the sum of all projects performed in a one-year contract term. The bill also (i) decreases the population threshold for localities for the procurement of architectural and engineering services from 80,000 to 78,000 and (ii) increases the single project limit for architectural and engineering services for such localities to $2.5 million and the aggregate limit for projects performed in a one-year contract term to $10 million. !HB 1854 Small, women-owned, and minority-owned businesses; enhancement or remedial measures. Requires state contracts awarded to enhance participation by small, women-owned, and minority-owned businesses include a requirement that no more than 60 percent of the work be subcontracted to another contractor except under certain circumstances. The bill authorizes the Department of Small Business and Supplier Diversity to investigate complaints that the business has violated the contract provision and authorizes the Department to revoke the business's certification as a small, women-owned, or minority-owned business for a period of one year upon determination that the contract provision has been violated. !HB 2148 Virginia Public Procurement Act; small, women-owned, and minority-owned businesses. Defines "historically black colleges and universities" and provides that the term "minority-owned business" includes historically black colleges and universities. !MECHANICS’ LIENS ! SB 891 Subcontractor’s waiver of lien rights. Provides that a subcontractor cannot waive or diminish his rights to file a lien, make a payment bond claim, recover additional costs, or any other rights in advance of providing any labor, services or materials to a project. !PROFESSIONAL REGULATION ! SB 956 Penalties for overheight vehicles. Requires that the owner, rather than the driver, of any vehicle exceeding the prescribed maximum height be fined and held financially responsible for any damage caused to overhead bridges or structures. !HB 2103 New home inspections; penalty. Makes it unlawful for any person who is not a certified home inspector to perform (i) a home inspection on any new residential structure or (ii) any inspection on any new residential structure unless the seller of the property or his agent is given the opportunity to accompany the home inspector during the inspection. The bill also authorizes the Board to issue a certificate to practice as a certified home inspector to any applicant who has submitted satisfactory evidence that he has successfully completed a training module developed by the Board in conjunction with the Department of Housing and Community Development based on the International Residential Code component of the Virginia Uniform Statewide Building Code. !WORKERS COMPENSATION ! HB 1372 Workers' compensation insurance; use of experience rating; loss limitation for not-at-fault motor vehicle accidents. Directs the State Corporation Commission (SCC) to adopt regulations that establish standards for determining a loss limitation to be included in the Hirschler Fleischer! ! www.hf-law.com! Page 18 calculation of workers' compensation insurance experience modifications when a motor vehicle accident is determined to be a not-at-fault motor vehicle accident. The bill requires the SCC to establish how all loss experience remaining after such deduction of the loss limitation should be distributed among workers' compensation classifications. The SCC is also required to ensure that the amount, if any, by which an employer's experience rating would otherwise be modified as the result of a motor vehicle accident in which an employee is injured or killed shall be reduced if the accident was a not-at-fault motor vehicle accident. !! Chandra Lantz is a trial lawyer and member of Hirschler Fleischer’s Construction & Suretyship Practice Group and Insurance Recovery Team. She also chairs the firm’s Local Government Law practice. She handles a variety of commercial business disputes and provides counseling and risk management services for the construction and development industries. Contact: Chandra D. Lantz, 804.771.9586 or [email protected]. ! ©2015 Hirschler Fleischer. Attorney advertising materials. These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create an attorney-client or similar relationship. Please do not send us confidential information. Past successes cannot be an assurance of future success. Whether you need legal services and which lawyer you select are important decisions that should not be based solely upon these materials. Contact: James L. Weinberg, President, Hirschler Fleischer, !! !! The Edgeworth Building, 2100 East Cary Street, Richmond, Virginia 23223, 804.771.9500. 6400263-2 088000.00063 Hirschler Fleischer! ! www.hf-law.com! Page 19 Join us for our annual Women's History Month celebration! Each year we celebrate the tremendous impact of women who are giving, advocating, and volunteering to make our community stronger. This year, we are honored to have Virginia's First Lady Dorothy McAuliffe as our keynote speaker. We will also be presenting our annual Royal-Green Award for outstanding leadership and contribution throughout our history. Tuesday, March 24, 2015 5:30 p.m. - 7:30 p.m. (registration begins at 5:15 p.m.) Drinks and heavy hors d'oeuvres will be served. " Virginia War Memorial 621 S. Belvidere Street Richmond, VA 23220" " " Space is limited - Register HERE!" " The cost of the event is $30." Thanks to our Corporate Sponsors: Page 20 SPONSORSHIP SKYSCRAPER Thanks to our 2015 Annual Sponsors !!! ! ! HIGHRISE HIGHRISE ! ! " " " ! ! ! ! " ! " DEVELOPER ! ! ! ! ! ! " GROUNDBREAKER ! For information about sponsorships, please contact Debbie Wake, Divaris Real Estate,Inc. at 804-977-2098/[email protected] Page 21 March 2015 Committees ! Communications Kate Wagner [email protected] ! Community Service Brenda Karp [email protected] ! CREW Network Liaison Rowena Fratarcangelo [email protected] ! Membership Ginny Johnston [email protected] ! Media Relations Chandra Lantz [email protected] March Meeting Monthly Lunch Program: Institutions Building Better Communities - A look into how VCU is transforming RVA Wednesday, March March 18, 11:30 am - 1:00 pm Location: The John Marshall, 101 N. 5th Street April April Meeting Wednesday, April 15, 11:30 am-1:00 pm Location: The John Marshall, 101 N. 5th Street May May Meeting Wednesday, May 20, 11:30 am-1:00 pm Location: The John Marshall, 101 N. 5th Street ! Programs Chris Hairston-White [email protected] ! Sponsorship Debbie Wake [email protected] ! http://www.CREWrichmond.org http://CREWnetwork.org To help with or provide information for the Newsletter, please contact Kate Wagner, Sonabank [email protected]