Falls Church News-Press 4-19-2018

Page 1

April 19 — 25, 2018

FA LLS CHUR C H, V I R G I NI A • WW W. FC NP. C OM • FR EE

FOU N D E D 1991 • VOL. XXVIII N O. 9

F���� C����� • T����� C����� • M��������� • M�L��� • N���� A�������� • B�����’� C���������

I����� T��� W��� F.C. R������ $300K S������ �� 3�� Q������ There is a net savings of roughly $300,000 in the current Fiscal Year 2018 City of Falls Church budget resulting from “better than targeted revenues and underspending in department expenditures compared to the budget,” the Falls Church City Council learned Monday. SEE NEWS BRIEFS, PAGE 8

Richmond Covers New Metro Funding, Relieving Burden on Local Taxpayers F.C. Council Gets to Cut 2 Cents from Its Next Budget Bill

BY NICHOLAS F. BENTON

FALLS CHURCH NEWS-PRESS

F.C. L����� L����� C��������� 70�� S�����

The Falls Church Little League was the first Little League team to be chartered in Virginia during Little League’s second wave of expansion, all the way back in 1948. SEE STORY, PAGE 11

D���� B�����: T�� B�������� �� S����� W�����

There’s a mountain of evidence suggesting that the quality of our relationships has been in steady decline for decades. In the 1980s, 20 percent of Americans said they were often lonely. Now it’s 40 percent. Suicide rates are now at a 30-year high. SEE PAGE 20

S����� G��� U���� ��� S�� W��� S����� P��� J.E.B. Stuart High School’s boisterous yet heartfelt take on “The Little Mermaid” is sure to leave you happy as a clam. SEE PAGE 21

INDEX Editorial.................6 Letters...............6, 9 Business News ...10 News & Notes12–13 Comment ..14, 19-20

Calendar .......26–27 Classified Ads .....28 Comics, Sudoku & Crossword ..........29 Critter Corner......30

TODD HITT of Falls Church-based Kiddar Capital addressed the monthly luncheon of the Falls Church Chamber of Commerce at Mad Fox Brewing Company Tuesday. (P����: N���-P����)

Hitt Shares Business Philosophy, Some Advice With F.C. Chamber

BY NICHOLAS F. BENTON

FALLS CHURCH NEWS-PRESS

In the week following the historic, unanimous Falls Church City Council approval of his co-owned major Class A office building and mixed-use project at the City’s central intersection, locally-based developer and investor Todd Hitt made a rare public appearance here, addressing the monthly luncheon of the Falls Church Chamber of Commerce to share his business and life philosophy and organizing principles and to offer some advice for the future of the Little City. The event was the formal

occasion for the announcement that Hitt’s Kiddar Capital investment team would locate its global headquarters right in the new Broad at Washington complex, occupying the majority of the 74,000 square feet of office space in the building, with plans to call the central Falls Church location home for the long term. Hitt’s firm manages $1.4 billion in assets across a number of sectors and currently has offices in Falls Church, Houston, Palm Springs and London, England. The Broad and Washington project, which it owns in partnership with the Insight Development Group, will not only be Kiddar’s global home base, but will

include 295 residential units and 25,000 square feet of retail, expected to generate a net fiscal impact of $35.7 million for the City of Falls Church. “Our approved plans call for an architecturally significant HQ building that will be operationally flexible, including a lightweight and interactive environment that is uniquely responsive to our team, the community and will immediately present an engaging atmosphere for Falls Church residents,” said Hitt. “Kiddar Capital is committed to the communities where we operate and invest. Our new head-

Continued on Page 4

With its final vote on the Fiscal Year 2019 budget set for this coming Monday night, the Falls Church City Council waited with bated breath as the News-Press went to press last (Wednesday) night to see if the Virginia State Legislature would come to closure on a plan to pay for badly needed repairs to the Metrorail system without localities having to bear the cost. And, in a late breaking development, it was learned that a plan was agreed upon in the General Assembly that “would redirect about one-third of the Northern Virginia Transportation Authority’s 2019 funding, leaving just $265 million for regional road projects.” According to the late report, the legislation “ties the funding to key reforms such as a three percent cap on annual budget increases, stronger oversight, and WMATA Board governance. Virginia’s funding is contingent on Maryland and D.C. meeting their regional obligations, and failure to implement the reforms will result in funding being withheld.” A proposal by Gov. Ralph Northam to spread the cost morewidely in the state was rejected earlier yesterday by the Republican majority in the General Assembly, and it was back in the governor’s court last night whether or not he would veto the latest formula. At its work session this Monday, the Council learned that Richmond would settle on a plan to fund WMATA’s need for $500 million in extra money to repair its Metrorail system that lifts the funding burden on Northern

Continued on Page 5


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.