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About The independent. (Vernonia, Or.) 1986-current | View Entire Issue (Jan. 1, 1997)
À Page 4 The INDEPENDENT, January 1,1997 Nw®?s?*ives of tobacco enticing investors to change their choices When socially responsible financial invocti.c u? financial investors became concerned about investing in tobacco companies, it was time for the financial industry to gather more data about the question. pr°!^ membership asso asso- non-profit ciation that promotes the con cept and practice of socially and environmentally respon sible investing. Results of the study will help provide institutional in vestors with information and options concerning tobacco divestment, according to For this purpose, a study was conducted by the Social Investment Forum, a national b Fishhawk Lake hmkor t ««.. Fishhawk Lake broker Troy Horton, who assists local in vestors interested in respon sible investments as a repre sentative of First Affirmative Financial Network (FAFN), a financial firm specializing in responsible investing. “People who apply value- based investing have realized Regional economic director selected .Inffro,, --------... di Jeffrey King, < formerly rector of Regional Economic Development for the State of Massachusetts, has been hired as executive director of Columbia-Pacific Economic Development District Inc., a non-profit organization estab lished to diversify and expand the economic base of Colum bia, Tillamook and Western Washington Counties. “We believe that Jeffrey’s experience and training will help make the Columbia-Pa cific Economic Development n,Cr ^ an important ----- - ----------- . ... Disrict catalyst in promoting economic devel opment in the northwest re gion,” said Michael Sykes, president of the District. King, who has ten years of experience in grant-writing, economic and community de velopment, said he was look ing forward to providing pro ject support and assistance to create new jobs in the area. “I believe that this region has a lot of strengths, includ ing a good quality of life, available land, lower costs, a Furse schedules local field offices Ann Richardson, a district representative for Rep. Eliza beth Furse, will be available at the following Columbia and Clatsop County locations. To make an appointment in ad vance, call the Portland office, 1 -800-422-4003. Constituents may also drop by at the scheduled times. Vernonia: January 9 and February 13, 1997, 3:30 - 4:30 p.m. Vernonia Public Li brary, 919 Bridge St. Scappoose: January 8 and February 12, 1997, 8:30 - 9:30 a.m. Public Service Building (City Hall), 33568 E. Columbia Ave. St. Helens: January 8 and February 12, 1997, 10:00 - 11:00 a.m. Columbia Center, Armstrong Room, 375 S 18th. Clatskanie: January 8 and February 12, 1997, 2:30 - 3:30 p.m. City Hall, Council Chambers, 95 S. Nehalem. Rainier: January 8 and February 12, 1997, 1:00 - 2:00 p.m. City Hall, 106 West B Street. Seaside: January 9 and February 13, 1997, 10:30 - 11:30 a.m. Seaside Public Li brary, Discovery Room, 60 Roosevelt. Astoria: January 8 and February 12, 1997, 5:00 - 6:00 p.m. Astoria Public Li brary, 450 - 1 oth Street; Janu ary 9 and February 13, 1997 9:00 -10:00 a.m. Port of Asto ria, 1 Portway. Cannon Beach: January 9 a™ February 13, 1997, 1.OO - 2 00 p.m., Cannon Beach City Hall, 163 E. Gower. |abor force with a strong work ethic and supportive public and private leaders,” he said. King’s initial tasks will in clude the administration of a federal Economic Develop ment Administration planning grant, preparing and coordi nating regional plans, improv ing access to capital and fi nancing for business, and providing technical assis tance to communities in im plementing high priority eco nomic development and infra structure projects. The Columbia-Pacific Eco nomic Development District of Oregon, Inc., was formally created in 1994. Its goals are to advocate the economic de velopment interests of the three county region, promote coordination, communication and cooperation among eco nomic development groups and government, to actively support existing businesses and promote new business development. The District will have offices in St. Helens, Tillamook and Forest Grove. thev can still m eet th«ir finan. they can still meet their finan cial goals. Recent successes, such as the free elections in South Africa, have let respon sible investors see how their investments are also creating positive changes in the world,” Horton observed. In the past, tobacco stocks have been chosen by mutual fund companies and financial professionals because they were profitable, which fulfilled their duty to clients. Now the climate around tobacco is so negative, that may no longer be the case, according to Craig Van Hulzen, director of cacm research at FAFN. Many of the top mutual funds own stock in the tobac co companies, so millions of people who try to stay as far away as possible from tobac co, probably get a pretty good whiff of nicotine in their nest egg. Nevertheless, it is possi ble to cleanse a portfolio of tobacco. According to a re cent study by the Social In vestment Forum, a national non-profit association, over $110 billion in personal, reli gious, mutual fund and pen sion portfolios are managed to avoid exposure to tobacco. The Soot Blisters Stove & Supply Wood, Pellet & Gas Stoves Accessories & Pipe Highest Quality Products • Friendly Service Open Tues. - Sat. 10 am - 2 pm 155 N. 18th St., St. Helens • 397-0390 1 /2 Jan . 2 , 1 9 9 7 - 9 :3 0 Semi Annui P rice .n i. - t h r u J a n u a r y TONY'S SHOES Open 9:30-6 Mon-Sat, 'til 7 p.m. Tliurs. I 620 Columbia Blvd. • St. Helens Need some stationery or office supplies? We can help you! For your convenience, The INDEPENDENT now carries a stock o f miscellaneous office supplies PENS • PENCILS • BUSINESS ENVELOPES • SOCIAL ENVELOPES STATIONERY • T H A N K YOU CARDS • M A N IL A ENVELOPES BLANK A N N O U N C E M E N T CARDS • INDEX CARDS • STICKY NOTES C O N STR U C TIO N PAPER • BLANK, ALL-PURPOSE CERTIFICATES I ,hC h 'S V® °pin9 a plan 10 address transportation 1 systems (highways, roads, bicycle 8 pedestrian access and mass transit) for the next 20 years. This is your chance to share your suggestions on how you would like to see the transportation system work in the future. WHITE S COLORED COPY PAPER • N EO N PAPER . BANNER ROLLS VAR IO U S N O TE PADS • RAFFLE TICKETS • AD D IN G M A C H IN E TAPE LEDGER TABLETS • REGULAR OR H A N G IN G FILE FOLDERS • MORE Join Columbia County and the Oregon Department of (° r ? ° T) 'n 3 public worksh°P and open house A h(Tsp)Umbia C° Unty Transportation System Thursday, January 16 7:00 - 9:00 p.m. Columbia River P.U.D. building (64001 Columbia River Highway in Deer Island) TSP presentation begins at 7:30 p.m. ADA Accessible County, consultant and ODOT staff will be on hand before an after the presentation to answer questions and gather public suggestions. K f f ' ■ ' Wfe can customize Certificates and Raffle Tickets to fit your needs Competitive prices. . . without a 60-miie round trip! The The Oregon Department of Transportation 725 Bridge Street, Vernonia, OR 97064 Phone/Fax (503) 429-9410 < * * ’ r’ » ’ • * • ' ’ W • O ? .*- ’ *. » * •. INDEPENDENT Columbia County and ■ * ?. •’ 4 • x. t