April 2016

STRAW POLL LEGISLATION PASSES HOUSE
The legislation introduced by Delegate Steve Arentz to have a straw poll on the November ballot regarding how County Commissioners are voted into office and their terms.has passed the House and is going to the Senate.

While BQA has not taken a stand on the straw poll or this issues addressed by the straw poll, there is a Commissioner's Corner video with Commissioner Jim Moran discussing the the pros and cons of staggered terms for Commissioners of Queen Anne's County and voting by election districts.


DELMARVA POWER MERGES WITH EXELON
PEPCO HOLDINGS AND EXELON CLOSE MERGER FOLLOWING APPROVAL BY THE PUBLIC SERVICE COMMISSION OF THE DISTRICT OF COLUMBIA

Companies to deliver hundreds of millions of dollars in merger benefits to customers and communities

WASHINGTON, D.C. and CHICAGO (March 23, 2016) - Exelon Corporation (NYSE: EXC) and Pepco Holdings, Inc. (NYSE: POM) today announced that the two companies have completed their merger transaction, effective today. The announcement follows the approval of the merger by the Public Service Commission of the District of Columbia (DC PSC) earlier today.

The merger brings together Exelon's three electric and gas utilities - BGE, ComEd and PECO - and Pepco Holdings' three electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading mid-Atlantic electric and gas utility company.

Chris Crane retains his current position as president and CEO of Exelon. Joseph M. Rigby, previously chairman, president and CEO of Pepco Holdings, retires as an officer of Pepco Holdings. David M. Velazquez has assumed the role of president and CEO of Pepco Holdings.

"Today, we join together as one company to play a vital role as a leader in our industry and the mid-Atlantic region," Crane said. "We've made a number of commitments to customers in all of the Pepco Holdings utilities' jurisdictions - the District, Maryland, Delaware and New Jersey - and we look forward to getting to work to deliver those benefits to our customers and communities."

Exelon will provide a package of direct benefits -- including bill credits, reliability improvements and other investments -- worth more than $430 million for customers and communities in Delaware, the District of Columbia, Maryland and New Jersey under the commitments made in those jurisdictions.

In its order approving the merger today, the DC PSC included conditions previously outlined in its Feb. 26 order and certain new conditions, which the companies accepted.

"Our combined companies will bring meaningful economic and service benefits to Pepco, Delmarva Power and Atlantic City Electric customers," Rigby said.

Velazquez added, "In addition to firm reliability commitments, the merger provides benefits to our customers and continues and expands our role as a partner in the communities we serve. This new era will bring a new level of service excellence and economic and environmental benefits to our customers, while maintaining our leadership and partnerships in our local communities."

The Pepco Holdings companies have joined the Exelon family of companies, and integration efforts are well underway.

Atlantic City Electric, Delmarva Power and Pepco will remain as separate companies and retain their local headquarters in Mays Landing, N.J., Newark, Del., and Washington, D.C., respectively.

Together with Exelon's other three utilities, they serve approximately 10 million customers across six jurisdictions.

"We remain focused on operational excellence, environmental sustainability, customer service and support for the communities we serve," Crane said. "We now have a larger, more diverse team with more knowledge and best practices to share, and we will leverage our combined strengths and talents to deliver world-class performance for customers."

The transaction was approved by Pepco Holdings' shareholders, and regulatory approvals have been issued by the Federal Energy Regulatory Commission, the New Jersey Board of Public Utilities, the Delaware Public Service Commission, the Maryland Public Service Commission, and the Virginia State Corporation Commission, in addition to the DC PSC.

As a result of the closing of the merger, trading of Pepco Holdings' common stock on the New York Stock Exchange will be suspended effective March 24, 2016, and these shares will no longer be listed on the New York Stock Exchange. Pepco Holdings stockholders will receive $27.25 per share.

For more information about the merger, visit www.phitomorrow.com

CLEAN CHESAPEAKE COALITION UPDATE
Bay Journal Article - March 11, 2016

Bay cleanup threatened by nutrients flowing past Conowingo Dam, study concludes

After 87 years, the ability of the 14-mile-long reservoir behind the Conowingo Dam to trap sediment and nutrients coming down the Susquehanna River has largely ceased, threatening the region's ability to meet Bay cleanup goals, a multi-year study concludes.
Offsetting that impact may require millions of pounds of additional nutrient reductions beyond what was anticipated when the Bay cleanup plan was released in 2010, according to the Lower Susquehanna River Watershed Assessment report, the final version of which was released Thursday.

The $1.4 million study, led by the Army Corps of Engineers and the Maryland Department of the Environment, comes at a time when the state-federal Bay Program partnership has embarked on a multi-year effort to assess and update cleanup goals by the end of next year - a task made harder by the Conowingo situation.

The report "puts more onus on all of us to recognize that Conowingo needs to be addressed, and with a sense of urgency," Maryland Environment Secretary Ben Grumbles said. The contributions of nitrogen, phosphorus and sediment pollution from behind the dam and upriver are "important," he said.

For the rest of this story, click here.


MEMBERS INVITED!

BUSINESS Queen Anne's would like to invite all members (and even member guests!) to attend our monthly board meetings typically held the last Thursday of the month at Mear's Point Marina. (Please contact the office at administrator@businessqueenannes.com to verify)

Occasionally, we have County reps visit and give us updates. At the last board meeting it was decided that the next time we have speakers at the board meetings we will give our members ample notice in case they would like to attend...we want you to be in the know!

If you have a speaker that you would like to connect with and you think that Business Queen Anne's could help make that happen, please let us know.
 
BQA MEMBERSHIP, SUPPORT & SPONSORSHIP
WHY do you need to JOIN, SUPPORT, SPONSOR BQA?

BQA keeps you INFORMED on issues facing economic development, jobs and opportunities right here IN QAC, so the 86% of County residents who spend too much time commuting out of the County and across the bridge every day can actually "LIVE, WORK & PLAY" right here in QAC!! 

If you know a business that would be a great asset as a member, please contact our Membership Chair, Jack Ashley at jackashley@mris.com

You can also contact administrator@businessqueenannes.com for a copy of the following application!


BUSINESS Queen Anne's


A Coalition for Economic Development and Responsible Government


The mission of BUSINESS Queen Anne's is to actively advocate sound economic growth; review all proposed state and local legislation and regulations; provide an objective assessment of proposed development in Queen Anne's County and its incorporated towns; endorse and support countywide growth that is well managed and consistent with adopted state and local planning and regulatory guidelines, comprehensive plans, and state and local initiatives; create positive and "business friendly" attitudes on the part of Queen Anne's County elected and appointed officials; and support business activity that promotes and encourages a vibrant economy, development of an adequate labor pool, a fiscally responsible and accountable county government, and a continued unique quality of life in Queen Anne's County.
  

You can find BQA on Facebook! Make sure to "Like" us!

 

 

In This Issue

Your BQA Board!

 

Steve Donovan, President

Title One & Associates, Inc.

410-758-1831

smd@annapolis.net

 

Mareen Waterman, Vice President

Coldwell Banker Waterman Realty

410-643-5005

mareenwaterman@mris.com 

 

Nick Deoudes

Deoudes-Magafan Realty, Inc.

410-827-5441

ndeoudes@atlanticbb.net 

 

Mike Dahle

Bay Carpets Flooring America

410-820-7288

mdahle@baycarpets.com 

 

Bob Wilson

Mears Point Marina

410-827-8888

bobwilson@mearspoint.com 

 

Gary Hofmann

QAC Sheriff's Department

410-758-0770

sheriff@qac.org 

  

George O'Donnell

ASTECH SECURITY

410-490-7400 

george@astechsecurity.com 

 

Jack Ashley

410-310-0800

jackashley@mris.com

  

Sandra Early 

Administrator  

410-739-4716

sandra.early@verizon.net 

  

 

 

Mark Your Calendar...

 

County Commissioner's Meeting

Second and Fourth

Tuesday of the month!

Click here for published agendas!

107 N. Liberty Street
Centreville, MD 21617
  
Planning Commission Meetings
160 Coursevall Drive
Centreville, MD 21617
(Same link above takes you to agendas for the Planning Commission too.) 

Visit the County's New Website to sign up for notices!
  
QUEENSTOWN PREMIUM OUTLETS! 
 
 
Armed Forces/Military Appreciation
Members of the military, veterans and their families can show their IDs at the on-site Information Center all year long to receive a free VIP Coupon Book. Plus, join the VIP Shopper Club for free access to exclusive online coupons. 


MEMBER ASSISTANCE NEEDED!


 
 

BQA wants you to get involved!


 

Become a member! 

Join the board! 


 

We are also looking for members to sign up to attend Commissioner's Meetings and/or Planning Commission Meetings!

 

If you are interested, please contact Administrator, Sandra Early at

administrator@businessqueenannes.com 

 

 

BUSINESS Queen Anne's c/o Sandra's Office Support | 405 Victoria Way | Stevensville | MD | 21666