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Budish Strengthens County Position in Israel Bonds
Fairmount Temple Adult Cultural Arts Series
n April 19, Fairmount Temple Adult Cultural Arts Series invites you to attend “Now That’s Entertainment!” with Nick Costa and Bill Pirie. Come enjoy a delightful and memorable evening of your favorite songs from Big Band, Swing, Oldies, Top 40 and even a little country! Come enjoy a Singer Nick Costa and entertainer Bill Pirie delightful and have dazzled audiences in Hollywood, Tampa and Las Vegas. Their diverse colmemorable evening lection of tunes, like the sweet classics of of your favorite Sinatra and Dean Martin to the sounds of Michael Buble, will take you back to an era songs from Big Band, of sophisticated showmanship. AudiencSwing, Oldies, Top es have been captivated by Nick's deep, mellow sounds, along with the comedic 40 and even a little anecdotes of his partner, Bill. country! Enjoy drinks and appetizers in the foyer at 4:15 p.m., followed at 5 p.m. by the musical performance in Weinberg Hall. A delicious dinner will be served at 6:15 p.m. after the program. For further information or to register, contact Susan Namen at 216.464.0607. Cultural Arts Series co-chairs are Bernice and Lloyd Goldman, Joan and Mort Rogoff and Ilene and Allan Schwartz.
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ounty Executive Armond Budish announced that Cuyahoga County will expand its holdings in Israel bonds from $5 million to $8 million this year. “The return to the County on Israel bonds has been outstanding,” said Budish. “Expanding our holdings in Israel bonds is one of the best ways to strengthen Cuyahoga County’s financial outlook for the long term. I applaud our Fiscal Department for their work to invest an additional $3 million in Israel bonds to help ensure our fiscal solvency.” Cuyahoga County first established a $5 million investment in Israel bonds in 2006. The Investment Advisory Committee approved the County’s purchase of an additional $3 million of Israel bonds, bringing their holdings close to the maximum investment level. Israel bonds were first issued in 1951 and have enabled the development of all areas of Israel’s economy. In 2014, Fitch Ratings gave Israel an A rating, although Israel bonds themselves are not rated. Development Corporation for Israel, commonly known as Israel Bonds, is a broker-dealer that underwrites securities issued by the State of Israel in the United States. In 2014, U.S. Israel bond investments have surpassed $1 billion. Proceeds from the sale of bonds have played a decisive role in Israel’s rapid evolution into a groundbreaking, globally emulated leader in high-tech, cleantech and biotech.
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April 2015 n Beachwood Buzz 23
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