The Ticker

Written By Unknown on Sabtu, 18 Oktober 2014 | 00.32

Sager wins bid for Minot's lighthouse

Boston philanthropist and Polaroid chairman Bobby Sager was the winning bidder for Minot's Ledge Light, a historic lighthouse off the shores of Scituate and Cohasset. Sager bid $222,000 for the 1860 lighthouse, whose beacon is called the "I Love You Light" for its distinctive 1-4-3 flashing.

The U.S. General Services Administration put the federally owned surplus lighthouse up for auction earlier this year. It previously had unsuccessfully solicited local governments, nonprofits, historic preservation groups and community development organizations to become stewards of the lighthouse at no charge, as required by the National Historic Lighthouse Preservation Act of 2000.

Sager was out of the country yesterday and unavailable to comment on his plans for the lighthouse, which is listed on the National Register of Historic Places.

Lawrence man gets 2 years for theft of $230G in fed tax refunds

A Lawrence man has been sentenced to nearly two years in prison for illegally collecting about $230,000 in tax refunds from the federal government.

In addition to a year and nine months behind bars, 41-year-old Wilson Santana was sentenced in federal court this week to three years of probation and ordered to pay full restitution. Santana pleaded guilty in May to 34 counts of theft of public money.

Bishops back sick-time ballot question

Four Roman Catholic bishops in Massachusetts said yesterday that their support of a ballot question that, if approved, would require companies to provide paid sick time for employees was driven by a desire to maintain the "dignity" of every worker.

The bishops, in an open letter, urged Massachusetts citizens to vote "yes" on Ballot Question 4 on Nov. 4.

If approved by voters, the proposal would allow workers to accrue up to 40 hours of paid sick time in a given year, earning one hour for every 30 hours worked. Companies with 10 or fewer employees would be exempt.

Today

  • Commerce Department releases housing starts for September.
  • Vantage Builders Inc., a general contracting and construction firm based in Waltham, has hired construction industry veteran Justin Brown, left, as the firm's new senior project manager. He will plan, coordinate, oversee and provide safety management for the firm's commercial, educational, medical, retail and life sciences construction projects. Prior to joining the firm, Brown was a senior project manager for Charles River Laboratories.

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