482-4418 50‘ , w —■l^oS^c'002 'A01X4 ISSsss*"*. 106 W WATER ST EDENTON NC 27932 Hotel project groundbreaking likely in 2017 BT KtUtilt rUNUtn Editor With the thorny matter of fi nancing nearly resolved, the de veloper of a hotel planned for the former Hotel Hinton building on East King Street should be able to break ground on the m^jor reno vation project about a year from now. That was the message that Bob Howsare of SAGA Construction and Development Inc. brought to Edenton Monday afternoon when he presented an update on the ho rei project to tne daemon nreser vation Commission SAGA has negotiated a non binding agreement with a Wilm ington-based lender that should pave the way for the renovation project to move forward, accord ing to Howsare. The building, which is located next to the 1767 Chowan County Courthouse and backs up to the Gaslight Square parking lot,, most recently housed Chowan County Government offices. It was built in the early 1990s as the Hotel Hinton on the site of the previous Hayview Hotel. The property has been home to hotels and inns going back to the Colonial era. Howsare told the commission he was glad to be back in Eden ton and said the hotel project had been his number one passion for more than two years. For more than a year and a half, he said, he has been working on financing for the project. An especially complex part of the financing is the role of new See HOTEL, 3A STAFF PHOTO BY REGGIE PONDER Bob Howsare of SAGA Construction and Development addresses the Edenton ! Preservation Commission i Monday. Iti l M ■ in STAFF PHOTOS BY MALCOLM SHIELDS Edenton celebrates the 2A East Regional Final championship after defeating South Columbus 50-14, Friday. (Below) The Edenton entrance made its way to Tabor City, Friday. The Aces travel to Winston-Salem Saturday to face Reidsville for the 2A State Championship. The team will leave the high school around 10:45 a.m. Saturday and the public is Invited to cheer the squad on from Broad Street and West Queen Street as the buses leave. | MORE INSIDE ■ See more stories and pho tos from the 2A East Regional Final championship inside on 4A, 6A and 7A. i Jordan named school board chairman BY REBECCA BUNCH Staff Writer Leadership of the school board Itas passed into the hands of two veteran members. At tire board’s Dec. 6 monthly meeting Gene Jordan was sworn in as citairman of the board while Jean Bunch was named vice-chair. Both said they considered it an honor to serve in those roles during the coming year. “It’s always an honor when your colleagues put their confidence in you,” Jordan, who has once before chaired the board, said. Jordan, who has served for 18 years on the school board, said one goal that is very important to him Ls to emphasize to his fellow board mem bers that he wants JORDAN each of them to feel they have a voice and to encourage them to speak out concerning is sues confronting the board. It is by hearing different opinions, he said, that the board can experience truly hearing the voice of the people through the voices of those who represent them. Jordan said he felt the board was in a good place right now in its ef forts to focus on providing what it will take to make BUNCH each student in the school system successful under the leadership of Superintendent Rob Jackson. Jordan said that the continued rise in the number of those gradu ating from liigh school in the Eden ton-Chowan Schools now is proof that Jackson’s pltilosophy works. “I think that is an achievement we can be proud of,” Jordan said. Jordan said that while his young est child graduated from Holmes last spring, he had learned from having children in the school sys tem the value of taking the time to listen to students and hear their concerns firsthand. “I think it gave me a different perspective,” Jordan said, adding that he would like to continue hear ing from students in the future. Jordan added that the school system also needs to make sure that See BOARD, 3A Time short for SBA loan apps BY REGGIE PONDER Editor A spokesman for the fed eral Small Business Admin istration told the Chowan County Board of Commis sioners last week that coun ty residents with damage re lated to Hurricane Matthew need to apply for assistance within the next few weeks. The deadline to apply for SBA loans for repairs re lated to Hurricane Matthew is Jan. 9, according to SBA spokesman Tamim Choud | hury. ! Businesses eligible for ! economic iryury loans re I lated to the hurricane have | until July to apply for those loans, Choudhury said. Economic injury loans differ from loans for reme diation of property damage be cause they focus on ways other than prop erty dam age that the CHOUDHURY storrn has affected a business, such as damage to the homes or businesses of customers, Choudhury explained. Choudhury told the coun ty commissioners that if they know of anyone with damages from Hurricane Matthew they should have them register immediately with the Federal Emer gency Management Agency (FEMA). FEMA makes grants for those who an1 eligible and the SBA makes loans, but FEMA registra tion is a requirement for SBA disaster assistance loans. Those1 who apply for a FEMA grant should also ap ply for an SBA loan, Choud hury said. The interest rate can be as See SBA, 2A Area added to Va. port’s foreign trade zone BY JON HAWLEY Daily Advance Staff Writer Area officials say inclu sion of northeastern North Carolina counties in the 6 0 ©2009 The Chowan Herald All Rights Reserved Port of Virginia’s Foreign Trade Zone is one more rea son for manufacturers with international supply chains to locate in the region. The U.S. Department of Commerce has approved seven counties in North Carolina to join the FTZ, the port announced last week. The counties include Pas quotank, Camden, Chowan, Currituck, Gates, Hertford and Perquimans. Among other benefits, companies participating in an FTZ save money on du ties paid to U.S. Customs and Border Protection, which helps their goods re main globally competitive while using American labor. State Rep. Bob Steinburg, R-Chowan, called the FTZ expansion a victory for the region - a victory long in the making. He said some law makers opposed expanding the Port of Virginia’s trade zone. They warded more commerce to flow to North Carolina ports, he said, de spite northeastern North Carolina's close ties to the growing port. He noted the Port of Virginia can handle larger cargo ships than North Carolina’s ports can. “That was a bear getting through," Steinburg said of legislation he proposed, which ultimately had to be attached to an unrelated ag ricultural bill to pass. Asked about Virginia's delay in expanding the FTC, Steinburg said he didn’t know the details of that However, he noted Virginia changed governors, from Bob McDon nell to Terry McAuliffe, sever al months after the bill passed. McAuliffe didn’t oppose the FTZ expansion, Steinburg said, but the change in admin istration meant many people had to be brought up to speed on the process. Steinburg said county managers and economic de velopers he’s spoken with are “ecstatic” about the FTZ expansion. Coupled with road improvements and state reforms to taxes and regu lations, he said the region should be very attractive now to new companies. The See TRADE, 2A *Com* Join Us As WsCMmUe Oter herd's Birth* ST. PAUL’S, 101 W. GALE ST. The Rev. J. Malone Gilliam, Rector St. Paul’s Episcopal Church invites you to our CHRISTMAS EVE SERVICES 4:00 PM FAMILY SERVICE 10:30 PM SPECIAL MUSIC 11:00 PM MIDNIGHT SERVICE 10:00 AM CHRISTMAS DAY SERVICE