The City of Philadelphia Still Owes Money for the 700 Level

The City of Philadelphia Still Owes Money for the 700 Level

Checks can be made payable to Andrew Kulp at the following address… wait, what? Okay, I’m being told the 700 Level doesn’t refer to us – or more importantly, me – in this case.

What Philadelphia really still owes money for is something that no longer exists: Veterans Stadium.

Seriously. The city is six figures in debt over a building that was demolished in 2004, not to mention an additional mil on subway expansion according to Philly Mag’s blog The Philly Post. Oh, and it’ll be awhile until that’s all paid off. Andrew Thompson has more:

But the wistful can find comfort here: The Vet is still very much alive—on the city’s debt service list.

Nearly 50 years after the initial $25 million dollar bond was approved in 1964, the city is still paying for the construction of a stadium that no longer even exists, making Veterans Stadium one of two of the oldest debts on the books, according to available bond data and interviews with the Controller’s Office. The other debt, also wrapped in the same $162 million loan authorized on the 1964 ballot, is the SEPTA expansion of the El to the Northeast and the Broad Street Line to Pattison—constructed to service the Vet.

The remaining balance on the Vet has been paid down to $183,000, and the city still owes more than $1 million on the subway expansion. Both projects were financed with 30-year bonds, putting them about 20 years behind repayment schedule, but have been refinanced multiple times, most recently in 2012, allowing the city to defer payment. Bond data indicate that the Vet will finally be paid off sometime in 2014, and the subway not until at least 2022.

Doesn’t anybody in government know if you call the credit card company and just ask them, sometimes they’ll lower the interest rate?

Never mind. Like I was saying before, mail those checks to P.O. Box…

>> Guess How Much Money We Still Owe for Building Veterans Stadium [Philly Mag]

NBC Sports Philadelphia Internship - Advertising/Sales

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NBC Sports Philadelphia Internship - Advertising/Sales

Position Title: Intern
Department: Advertising/Sales
Company: NBC Sports Philadelphia
# of hours / week: 10 – 20 hours

Deadline: November 20

Basic Function

This position will work closely with the Vice President of Sales in generating revenue through commercial advertisements and sponsorship sales. The intern will gain first-hand sales experience through working with Sales Assistants and AEs on pitches, sales-calls and recapping material.

Duties and Responsibilities

• Assist Account Executive on preparation of Sales Presentations
• Cultivate new account leads for local sales
• Track sponsorships in specified programs
• Assist as point of contact with sponsors on game night set up and pre-game hospitality elements.
• Assist with collection of all proof of performance materials.
• Perform Competitive Network Analysis
• Update Customer database
• Other various projects as assigned

Requirements

1. Good oral and written communication skills.
2. Knowledge of sports.
3. Ability to work non-traditional hours, weekends & holidays
4. Ability to work in a fast-paced, high-pressure environment
5. Must be 19 years of age or older
6. Must be a student in pursuit of an Associate, Bachelor, Master or Juris Doctor degree
7. Must have unrestricted authorization to work in the US
8. Must have sophomore standing or above
9. Must have a 3.0 GPA

Interested students should apply here and specify they're interested in the ad/sales internship.

About NBC internships

Fran Dunphy and Herb Magee to host an exhibition for charity

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US Presswire

Fran Dunphy and Herb Magee to host an exhibition for charity

Two legendary Philadelphia basketball coaches will square off for charity.

Temple’s Fran Dunphy and Jefferson’s (Philadelphia University and Thomas Jefferson University) Herb Magee will have their teams face off at the Liacouras Center on Nov. 9 at 7:30 p.m.

All ticket sales will be donated to One America Appeal to help those impacted by recent hurricanes that hit Texas, Florida and Puerto Rico.

“When the opportunity presented itself to play an exhibition game to raise money for the people suffering from the recent hurricanes in Texas, Florida and Puerto Rico, we knew right away that we needed to be a part of it,” Dunphy said in a statement. "I called my good friend, Herb Magee, one of the most respected men in the business, and he felt the same way. This gives our fans a rare opportunity to see our programs compete while also helping out those in need.”

“It is a tremendous opportunity for our team,” Magee said. “Coach Dunphy and I have been friends for a long time. We talked about playing one day and that time is now. We're looking forward to it, especially as we begin our new era as the Jefferson Rams. Being able to provide aid to those impacted by the recent natural disasters makes this game that much more special.”

Temple requested a waiver from the NCAA to play this exhibition for charity.

The Owls tip off their season against Old Dominion in the Charleston Classic on Nov. 16, while the Rams travel to Anaheim, California to open Concordia on Nov. 3.