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The Journal Record Daily Update
Today
Officials urge biofuel expansion
With the national economy in the middle of a meltdown, why are we sitting here talking about biofuels, Oklahoma Secretary of Energy David Fleischaker asked the group gathered at the third annual Oklahoma Biofuels Conference on Wednesday. Because energy issues are still going to be a hot topic long after the economy recovers, Fleischaker said in answer to his own question. And because biofuels are going to play a huge role in Oklahoma's future economy, said Ernie Shea, coordinator of a nationwide initiative called 25 x '25.
Investors pay $3.6 million for GuestHouse hotel in Tulsa
A group of Tulsa investors paid $3.6 million for the 95-unit GuestHouse Suites in central Tulsa. Samaath LLC of Tulsa – a group of several buyers including Jignasha Patel and Montu Patel – acquired the property from Nu-Gen Hotels LLC and 665 Sixth Avenue Holding Co., both Nevada firms with California principals, according to Mike Craddock, the manager of HotelBrokerOne's Tulsa office.
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Hotel design finally gets kudos from Bricktown panel
A proposed hotel project received a much warmer reception Wednesday than when it came before the Bricktown Urban Design Committee in October. The plan calls for a Candlewood Suites Hotel on land owned by the developers, Dihren and Amit Patel, the Oklahoma City Urban Renewal Authority and the Oklahoma Department of Transportation.
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Tax amnesty program boosts October state revenue
October state revenue exceeded the same month last year by 10.4 percent, and topped the official estimate by 9.3 percent, state Treasurer Scott Meacham said Wednesday. That's a good report, considering the disastrous October for the national economy.
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Recycling program aimed at helping teachers
Some Oklahoma City attorneys and staffers have come up with a recycling idea that results in free school supplies for Oklahoma City teachers and their students. Cynda Ottaway and Gail Huneryager explained the concept behind "Putting Paper in Its Proper Place," through which the Crowe and Dunlevy law firm is cutting down on the mountains of paper the firm produces while providing supplies for the Teachers Warehouse, a project of the Foundation for Oklahoma City Public Schools.
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First round of EDGE funding goes to medical, meteorology fields
One of the first multimillion-dollar awards from a state-funded economic development program will help OrthoCare Innovations establish a major orthopedics hub with a new manufacturing plant in Oklahoma City, executives announced this week.
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