JAMESTOWN – Officials from the Jamestown Police Department are reporting that they’ve received 65 complaints of fireworks this month in the city limits. Police say the number for the entire month of June was at 31 complaints. Officials are reminding the community that the possession and use of fireworks is illegal in New York State. Section 270.00 of the New York State Penal Law (Unlawfully Dealing with Fireworks and Dangerous Fireworks) covers the offenses and potential charges that range from a violation up to a class A Misdemeanor.Changes in the New York State Law have allowed the sale and possession of sparkling devices in designated counties. They (Sparkling Devices) are legal to possess and use within Chautauqua County and the City of Jamestown. Under section 270.00, sparkling devices are defined as devices that are ground-based or hand-held devices that produce a shower of white, gold, or colored sparks as their primary pyrotechnic effect.Additional effects may include a colored frame, an audible crackling effect, an audible whistle effect, and smoke. These devices do not rise into the air, do not fire inserts or projectiles into the air, and do not explode or produce a report (an audible crackling sound is not considered a report). Ground-based or hand-held devices that produce a cloud of smoke as their sole pyrotechnic effect are also included in this category. Police say the use of any fireworks creates both a fire and safety hazard. According to the National Fire Protection Association, fireworks start an average of 19,500 fires in 2018, including 1,900 structure fires, 500 vehicle fires, and 17,100 outside and other fires. These fires caused five deaths, 46 civilian injuries, and $105 million in direct property damage. In 2018, U.S. Hospital Emergency Rooms treated an estimated 12,900 for fireworks related injuries, half of those injuries were to the extremities and 34% were to the eye or other parts of the head. Children younger than 15 years of age accounted for more than one-third (36%) of the estimated 2018 injuries.Police encourage the community members to leave the fireworks to the professionals and to attend displays if they are offered in the area during the upcoming holiday. Police also remind everyone to utilize common sense when using legal sparkling devices within the city, as they can also be dangerous if not properly handled. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)
The €6.3bn pension fund of insurance provider UWV has raised its risk profile by increasing exposure to private equity and infrastructure.According to its 2015 annual report, it also plans to increase real estate investments and holdings in commercial and residential mortgages at the expense of its euro-denominated government bond and equity allocations.The scheme said it had decided, based partly on a survey into the risk appetite of its participants, to allocate 10% of its portfolio to risk-bearing investments, adding that it had already reduced its strategic interest hedge from 60% to 50%.It estimates its policy change will increase its surplus return by 0.7 percentage points to 2.2%. The UWV scheme aims to raise the combined private equity and infrastructure allocation to 5%, with the help of asset manager Partners Group.Its property and mortgages portfolios are to account for 10% and 6% of overall assets, respectively.The scheme has placed the four asset classes in a separate portfolio that holds illiquid investments – next to its regular matching and return portfolios – specifically meant for generating returns for indexation.The Pensioenfonds UWV said it also wanted to focus on cost-saving via passive investment, pointing out that its developed-market equity, government bond, inflation-linked bond and commodities holdings were already under passive management.It said it would update its contracts with pensions provider TKP Pensioen and fiduciary asset manager Allianz Global Investors this year.Last year, it replaced Morgan Stanley as its active manager for local-currency emerging market debt (EMD) with Legal & General, which now manages the investments passively.It said it would review Aberdeen AM as active manager of its hard-currency EMD holdings after the manager underperformed last year by 4.1 percentage points. The UWV scheme posted a net return of -0.6% due largely to a 3.3% loss on its matching portfolio, as well as negative results on its interest and currency hedges.It said its strategy shift also reduced its return by 0.5 percentage points.The pension paid €152 per participant for pensions administration and spent 0.38% and 0.17% on asset management and transactions, respectively.Its funding stood at 95.7% as at the end of June.
The Sacramento Kings do not show restraint in their play, instead operating with the intensity of a group not yet tired of the NBA’s incessant grind.Their boundless energy left the Nets gasping for air at times Tuesday night, as the Kings sprinted out to 28-point lead in the third quarter. In other moments, though, it left them vulnerable, allowing Brooklyn to storm back to claim an unlikely 123-121 win on a last-second Rondae Hollis-Jefferson layup. For the league’s fastest-paced team, it was another uneven night of work. And while many peg the Kings to eventually transform into a playoff contender, this coming summer could stall the fun.Center Willie-Cauley Stein will be a restricted free agent and Sacramento’s first-round draft pick is almost certainly headed to Boston from a trade completed in 2015, meaning there will be few avenues to meaningfully improve a roster that has yet to reach the playoffs in a difficult Western Conference.Adding forward Harrison Barnes and his $25 million player option for 2019-20 before the trade deadline made additional maneuvers more challenging.MORE: Our shifting view of KareemWhether Sacramento is able to come away from the summer a better outfit than before will depend on whether its front office has finally gotten itself together after decades of malpractice.The best-case scenario for the organization is obvious: lightning-quick point guard De’Aaron Fox and 2018 first-round pick Marvin Bagley develop into a legitimate stars, and Buddy Hield and Bogdan Bogdanovic offer consistent supplemental shooting from the wings to form a satisfactory supporting cast. Harry Giles perhaps also becomes an NBA starter, having offered glimpses of his two-way potential.Such an outlook was visible most of Tuesday night, starting with a 38-point first quarter in which eight different players scored. The Kings passed the 100-point mark with 2:08 left in the third quarter. Fox finished with 22 points and nine assists. Bagley had 28 points and seven rebounds.But you don’t need to squint to see the worst-case scenario with this franchise unfold. It was right there as the Kings allowed D’Angelo Russell to ignite in the fourth quarter to torch what had been a stellar performance. It’s possible the current crop of up-tempo youngsters never develops the defensive acumen necessary to truly compete in the brutal Western Conference, and the team’s cap space and draft capital ultimately proves insufficient to bolster a group seemingly one piece away from clicking.As exciting as the Kings have been for parts of the season and even parts of individual games, the lingering concern is difficult to completely stuff away.The key for Sacramento, at least in the short term, may be unlocking the full talent of a player Golden State and Dallas failed to open up. Barnes, who has not come close to living up to the hefty salary Dallas gave him three summers ago, could be boosted by a better fit with the Kings.At 26, there is still flickering hope he can salvage his career and become at least a positive contributor. In a small, 16-game sample with Sacramento this season, he has posted his best net rating since he was with the Warriors. Barnes has also improved his shooting numbers. Crucially, he has done those things with a usage rate down significantly from when he was in Dallas, perhaps signaling he is best suited as a complementary player rather than a key offensive cog. His best stint in the NBA, of course, came when he was part of a young, ascending Golden State team.For the Kings to make the playoffs next season, Barnes won’t need to be a first or second scoring option. That’s what Fox, Hield, Bogdanovic and Bagley are there for. What he will have to be is an efficient shooter who can space the floor on offense while defending at a high level.If Barnes can’t do that, there might not be many other avenues for Sacramento to find answers.