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Ballot measure 4A, also called the Debt-Free Schools ballot initiative, seeks to invest in personnel across Denver Public Schools, specifically by increasing wages for hourly workers, offering a cost-of-living raise for teachers, and adding mental health professionals and nurses. The measure would be funded by an increase in property taxes; that increase is based on the “assessed value” of each property. If approved, the district estimates property taxes will increase about $51 annually, or $4.25 per month, for a home valued at $465,000.
The case for: Proponents of the measure see it as an investment in Denver children. By contributing funds to hiring and increasing pay for teachers, school staff and mental health professionals, the district believes every student can receive a high-quality education and receive the social-emotional support they need to navigate the coronavirus pandemic.
The case against: Opponents argue that now, in the midst of a pandemic that
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Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment will design and supply its highly efficient SPIG S.p.A. cooling towers for a pulp mill operated by LD Celulose S.A. in the Triângulo Mineiro region in Brazil. The contract is valued at approximately $2 million.
LD Celulose S.A. is a joint venture between the Austria-based Lenzing Group and the Brazil-based Duratex. The plant will produce 500,000 tons of soluble cellulose annually.
“B&W Environmental’s specialized SPIG cooling solutions can be tailored for the needs of the pulp & paper industry and for soluble cellulose production,” said SPIG Managing Director Alberto Galantini. “We see a growing market for our services in South America, especially in Brazil.”
“For this project, we will provide SPIG cooling tower cells with concrete structures, engineered to meet our customer’s specifications,” Galantini said. “We thank LD Celulose for this opportunity and look forward to a