Task force to look at future of Kingsville’s Mount Vista Park

Kingsville MDBaltimore County Councilman David Marks on Wednesday announced the creation of a task force to recommend future uses for Mount Vista Park and the Schmidt property in Kingsville.

The 111-acre Mount Vista Park, formerly a golf course, was purchased by Baltimore County in 2008. The 27-acre Schmidt property was purchased by the county in 2007. The parcels are located to the east of Interstate-95 on Raphel Road.

“Mount Vista Park and the adjacent Schmidt property are largely unused by Baltimore County residents,” Councilman Marks said. “I want to develop recommendations for future uses that are sensitive to nearby neighbors, and can be funded by the County Executive who takes office late next year. These recommendations will look at what should occur at the properties, as well as lighting, traffic, and other issues associated with future activity.”

The task force will be chaired by Bill Paulshock, a longtime leader in area recreation programs. Members will include Brian Coats, Catherine Fleury, Tom Kneeshaw, Terry Nolan, Shawne O’Connor, Chuck Satmary, Pat Schmidt, and Sally Wagner. These include both recreation council volunteers and longtime residents.

Since 2010, Councilman Marks has worked with community leaders to open four new parks have in northeastern Baltimore County: Angel Park; Gough Park, Perry Paw Dog Park, and Soukup Park. Additionally, he brokered an agreement to add 11 acres to Honeygo Park near Ebenezer Road.

Councilman Marks provides update on Kingsville Park upgrades

Marks Kingsville ParkBaltimore County Councilman David Marks recently toured Kingsville Park, where his office has been working with Baltimore County to upgrade the deteriorating fields. Kingsville Park is a 23-acre recreational area located at 11700 Franklinville Road.

The $636,500 project will improve drainage at the ballfields, upgrade the parking area, and make areas accessible to disabled visitors. At this point, the Department of Recreation and Parks anticipates that the upper fields will be finished this summer, and then work with start on the lower fields.

“We have been working with the Kingsville Recreation Council and the Department of Recreation and Parks for several years on this project,” Councilman Marks said. “Many thanks to Director Barry F. Williams and county staff, as well as all the volunteers and parents with the Recreation Council for their patience as this work advances.”

Kingsville Park is one of five recreation projects completed or underway in the northeast since 2010. Councilman Marks also worked on Angel Park, Soukup Arena, the Perry Paw Dog Park, and Gough Park.

The Kingsville Park project has been especially complicated because work is also underway to air condition Kingsville Elementary School, forcing teams to use other nearby parks.

Former Perry Hall bank building could become Dunkin’ Donuts

Old Key Bank Perry HallCould a former bank building in Perry Hall soon become a doughnut shop?

It’s a very real possibility, according to Baltimore County Councilman David Marks.

Councilman Marks revealed on Friday that an application has been submitted to convert the old bank building in Perry Hall’s Silver Spring Shopping Center, located near the intersection of Belair Road and Silver Spring Road, into a Dunkin’ Donuts.

The application says the following: “The proposed project is to take over the existing freestanding bank (1,864 sf) and convert it to (a) Dunkin’ Donuts restaurant with a drive-thru.”

The application will be considered by the Baltimore County Development Review Committee.

Baltimore mortgage rates steady to begin February

Baltimore Mortgage Ratesby Chris Montcalmo, Sierra Pacific Mortgage

Freddie Mac on Thursday released the results of its Primary Mortgage Market Survey, showing average 30-year Baltimore mortgage rates holding steady after rising last week.

The 30-year fixed-rate mortgage (FRM) averaged 4.19 percent with an average 0.5 point for the week ending Feb. 2, 2017, unchanged from last week. A year ago at this time, the 30-year FRM averaged 3.72 percent.

The 15-year FRM this week averaged 3.41 percent with an average 0.5 point, up from last week when it averaged 3.40 percent. A year ago at this time, the 15-year FRM averaged 3.01 percent.

The 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 3.23 percent this week with an average 0.4 point, up from last week when it averaged 3.20 percent. A year ago, the 5-year ARM averaged 2.85 percent.

 

“The 10-year Treasury yield fell 5 basis points this week following a tepid advance estimate of fourth-quarter GDP and the Fed‘s decision to leave rates unchanged,” said Freddie Mac chief economist, Sean Becketti. “The 30-year mortgage rate remained flat at 4.19 percent, starting the month 47 basis points higher than this time last year. Despite the uncertainty in the market, the pending home sales index increased 1.6 percent in December, up from a decline of 2.5 percent the month prior.”

To find out more about about current Baltimore mortgage rates and programs, contact Chris Montcalmo, Mortgage Consultant with Sierra Pacific Mortgage by clicking here.

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