| Burlco eyes Web auctions
Burlington County plans to join other local governments in auctioning government surplus items on the Web. The Burlington County Freeholders authorized its treasurer's office to sign an agreement with GovDeals Inc., which operates an Internet auction site called www.govdeals.com. The freeholders said they will sell vehicles and office equipment to the public online to make more money, save time and attract more bidders. Sharon Brauckmann, county purchasing agent, said the auction would be held later this year and not until the state Department of Community Affairs gives its approval. She said the state must approve a county application to waive the normal local public auction using an auctioneer. Kurt Brock, the county's chief financial officer, said the state is approving Internet auctions of government property only on eBay and GovDeals.
Brazil's Central Bank To Hold Forex Swap Auction Wednesday
SAO PAULO (Dow Jones)--The Brazilian Central Bank will hold a reverse swap auction on the foreign exchange market Wednesday, the bank said in a statement. The monetary authority will offer 32,100 contracts, worth $1.55 billion, with four maturities between ranging between June 2007, and April 2009. The auction is scheduled to take place between 1500 GMT and 1600 GMT. Swap auctions allow investors to exchange paper linked to variations in the Brazilian real against the U.S. dollar for government paper linked to interest rates. The swaps allow foreign investors to enjoy Brazil's high interest rates without foreign-exchange exposure. Typically, the auctions weaken the real by reducing future dollar inflows. On Tuesday, the real closed at BRL2.028 to the dollar in spot contract trading on the Brazilian Mercantile and Futures Exchange after ending Monday at a six-year high of BRL2.0246 per dollar.
Auction of state's slots licenses proposed
INDIANAPOLIS -- Licenses to operate slot machines at Indiana's horse tracks should be auctioned to the highest bidder if track owners aren't willing to pay substantial license fees, a senator negotiating a compromise on the legislation said yesterday. Sen. Luke Kenley, R-Noblesville, said lawmakers have a responsibility to taxpayers to get as much money as possible for the licenses, although he prefers that the two state racetracks run the slot operations. .
CONCERTS, FESTIVALS AND MORE
TODAY The Diamonds, concert, 7:30 p.m. today, Crown Uptown Professional Dinner Theatre, 3207 E. Douglas. Buffet 6 p.m., doors open at 5:45. Dinner/show $31.95. Reservations, 316-681-1566. TUE. Singles Speed Dating Event, presented by Cupid.com for single professionals ages 36-49 and 26-39, 6:30 and 8:30 p.m. Tue., The Fox & Hound Pub & Grille, 1421 N. Waterfront Pkwy. Cost $35, for up to 12 dates in one evening. Register online at Cupid.com, by calling Nichole at 316-518-3683 or by e-mailing wichita@predating.com. THU. "Tough Guise: Violence, Media & the Crisis in Masculinity," film followed by discussion, 7:30 p.m. Thu., Murdock Theatre, 20th Century Center, 536 N. Broadway. A National Crime Victims' Rights Week event. Free. Information, 316-263-1665. "Growing Up Asian," lecture by SuChin Park, MTV news correspondent, 8 p.m.
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