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Vancouver replenishes reserves for Hotel/Convention Center

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The city of Vancouver has transferred $1.7 million in lodging tax revenues to replenish the hotel/convention center operating and capital reserves.

The payment resulted from an amount due that had been accruing on debt linked to the construction of the 2003 project, the city said. No city general funds were used for the payment.

“Lodging tax reserves were built up previously during strong economic times so the city would be prepared to meet its obligations to the hotel/convention center during weak economic times,” said city of Vancouver Chief Financial Officer Lloyd Tyler in a press release. “A potential scenario like this was contemplated when the financial structure was put in place in 2003, and funds have been accumulated to make this payment.

“We have learned a lot from the Great Recession and the collapse of the real estate market,” he added. “Today, we are much more conservative about long-term financing deals. Our economy has fundamentally changed.”

Read the city of Vancouver's press release for more information on the hotel/convention center payment.

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Wacom announces new e-signature solution for the healthcare industry

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Wacom Technology Corp., a 28-year-old Japanese company that produces interactive pen technology and other interface devices with major operations in Vancouver, recently announced a partnership with Access, a global provider of electronic forms management, automation and workflow software, to create a new e-signature solution for the healthcare industry.

The company said the solution combines a Wacom signature tablet with Access' Intelligent Forms Suite software to deliver a more streamlined, secure and efficient way to integrate electronic handwritten signatures into the healthcare industry's daily workflow.

“Through modernizing the signature capture process, Wacom and Access' e-Signature solution provides not only a cost-savings to healthcare providers with less of a need to print, scan and store documents, but an increase in the trust and confidence patients feel in their healthcare provider through the streamlined and professional process it offers,” said Michael Marcum, VP of vertical markets for Wacom. “Improving the process to add unalterable and legally-binding electronic signatures to documents is also a time-savings, which benefits both patients and the healthcare industry.”

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Port of Vancouver to hold centennial tour

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The Port of Vancouver will hold a centennial public tour on Thursday, February 23 at noon. This will be the first tour taking place during the port's 2012 centennial year.

With construction under way on the West Vancouver Freight Access rail project – the largest transportation project in the port's history – tour-goers will learn why the port is attracting nearly $400 million in private investment and new jobs for the community, the port said.

Reservations and photo identification are required to attend the tour, which lasts approximately two hours. Visit the Port of Vancouver's website for more information regarding tour dates and the port’s first 100 years.

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Nominations sought for Public Health Community Award

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Clark County Public Health is seeking nominations for the Public Health Community Award, which recognizes an individual or organization for outstanding contributions to promoting and protecting community health.

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Wells Fargo donates $4,050 to Vancouver Symphony Orchestra

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Wells Fargo donates to Vancouver Symphony Orchestra

Wells Fargo recently donated $4,050 to the Vancouver Symphony Orchestra. The symphony said it plans to use the money to raise the quality of its remaining spring concerts, especially for its growing younger audience.

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