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BOSTON-Three years after promising South Boston the majority of benefits from the development of the waterfront here, Mayor Thomas M. Menino has nullified that agreement. The city now promises to distribute those funds more fairly.
DENVER-Warren Buffett may be the White Knight that Johns Manville's been looking for to rescue it from $300 million in debt. The legendary investor's Berkshire Hathaway is offering $2.2 billion plus a debt assumption for the Denver company.
HOUSTON-The Houston Hispanic Forum has plans for a 1925 historic structure that once housed the Houston Light Guard. City council is considering a 30-year, $1 lease so the building can be put to good use.
REVERE, MA-Prospect House, a 110-unit assisted living center, will open its doors within three months. As the number of elderly people in the state continue to rise, it is expected that more of these centers will be built.
SANTA CLARA, CA-Across from the Santa Clara Convention Center and adjacent to Paramount's Great America Theme Park, the newly-constructed 280-room Hilton Santa Clara is now open for business.
BEND, OR-The improvements to the existing mall will begin early next year along with the parking, landscaping and utility work for the eight-acre expansion. After that, work on three new retail pads will begin.
SPOKANE, WA-The EDC hopes to received the funding to add four new members to its current eight-member staff, including two new business-development positions in the first quarter of 2001.