Category: Business

One of the nation’s largest consumer debt buyers, Asset Acceptance, LLC, agreed to pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of misrepresentations when trying to collect old debts — Historic City News found some of those cases here in St Augustine and St Johns County.

SNL Financial LC, a financial information firm headquartered in Charlottesville, Virginia, reported to Historic City News that Orange Park-based Heritage Bank of North Florida, with a second location in St Johns County, had the lowest “Tier 1” risk-based ratio of Florida banks coming into the first quarter of this year.

Governor Rick Scott and Northrop Grumman Corporation announced to Historic City News, in a joint announcement, that the company is designating five “centers of excellence” across the country; two of which will be in Florida — with one here in St Augustine.

The information contained in this report is taken from sources deemed reliable; the accuracy and completeness of which Historic City News does not control and cannot guarantee. The original public records are on file with the St. Johns County Clerk of Court and should be consulted before taking any action.

Morris Publishing, after emerging from bankruptcy last year, has been maintaining a virtually empty complex at the St Augustine Record – Florida Times Union building; moving its publishing operation to Jacksonville — but that may be over soon, according to a source close to discussions with Gannett, the national media organization that may be best…

Visit full text article “St Augustine Record may be sold soon” »

The new St Johns County Chamber Hospitality and Tourism Council will hold its monthly meeting on March 6, 2013 beginning at 5:00 p.m. at Limelight Theatre; located at 11 Old Mission Avenue in St Augustine.

The information contained in this report is taken from sources deemed reliable; the accuracy and completeness of which Historic City News does not control and cannot guarantee. The original public records are on file with the St. Johns County Clerk of Court and should be consulted before taking any action.

St Johns County Chamber of Commerce Government Relations Manager, Carol Saviak, invited Historic City News editor Michael Gold to attend this morning’s meeting of the South Beaches Area Council where Congressman Ron DeSantis made a surprise visit.