This newsletter from the Fall River Office of Economic Development provides updates on economic development activities. It discusses the Massachusetts Gaming Commission extending the deadline for the Region C gaming license application, over opposition from Fall River. It also details a $250,000 loan provided to a new beverage manufacturing company locating in Fall River and the expected job creation. Additionally, it promotes upcoming workshops and advertises available office space in Fall River with water views.

1. Sky Beverage Co. 2
Fall River by the
Numbers
3
Wordpress TA
Workshop
3
Available Space in
CWT Professional
4
Inside this issue:
April 2014Volume 3, Issue 4
F A L L R I V E R O F F I C E O F E C O N O M I C D E V E L O P M E N T
Trending Developments
FROED Board of Directors:
Officers
Mayor William A Flanagan,
Chairman/Ex-officio
Frank Marchione, President
James M. Karam, Vice President
Carlos A. DaCunha, Treasurer
Alan F. Macomber, Clerk
At-Large Members
Joseph Baptista
Paul C. Burke
Francisco Cabral
Nicholas M. Christ
Robert Cooper
Mark Cordeiro
Larry Couto
Jerry Donovan
Bruce Fernandes
Alfredo M. Franco
Craig A. Jesiolowski
Stephen R. Karam
Michael Lund
George Matouk, Jr.
Paul S. Medeiros
Joan Menard
Kenneth R. Rezendes
Anthony Riccitelli
Ron Rusin
Joseph Ruggeiro, Sr.
James P. Sabra
Len Sullivan
Ex-Officio Members
Daniel Abraham
Joseph D. Camara
Carl Garcia
Craig A. Jesiolowski
Atty. William G. Kenney
Meg Mayo-Brown
John J. Sbrega
Corporate Counsel
Atty. James W. Clarkin
Non-Voting Members
Robert A. Mellion
FROED Staff:
Kenneth Fiola, Jr., Esq.
Executive Vice President
Stephen Parr, Director of Finance
Janet A. Misturado, Director of
Administration
Louise A. Methot, Financial
Services Representative
Maria R. Doherty, Network
Administrator
Lynn M. Oliveira, Economic
Development Coordinator
Fall River Office of
Economic Development
One Government Center
Fall River, MA 02722
Phone: (508) 324-2620
Fax: (508) 677-2840
http://froed.org
On Thursday, April 3, 2014
the Massachusetts Gaming
Commission held an open
meeting to discuss a myriad
of topics including a request
to extend the Region C, Cat-
egory 1 gaming license ap-
plication deadline.
The request was sent to the
Gaming Commission by rep-
resentatives from the City of
New Bedford and developer
KG Urban who hope to site a
resort casino within New
Bedford. Representatives
from Fall River including
Mayor William Flanagan,
members of the state
delegation as well as Fall
River Office of Economic
Development Executive
Vice President Kenneth Fio-
la, Jr. sent letters in opposi-
tion of extending the appli-
cation deadline as the City of
Fall River and Foxwoods
Resort Casino were fully
committed to submitting the
application by the July 23,
2014 deadline.
In the letter drafted by Attor-
ney Fiola, who has been in-
tegrally involved with the
project since its inception,
(Continued on page 2)
MASSACHUSETTS GAMING
COMMISSION EXTENDS REGION C
GAMING LICENSE APPLICATION DEADLINE
Looking for a job?
Visit froed.org then select
the “Current Employment
Opportunities” tab. Next
click “Job Search” and
this will launch an
interactive database.
Within this database
alone there are currently
791
employment
opportunities within a 5
mile radius of Fall River.
791 Jobs
Available
Above: The proposed Foxwoods Resort Casino location highlighted in yellow

2. Page 2
Trending Developments
(Continued from page 1)
notes Fall River’s high un-
employment, which would
be greatly relieved by the
projected jobs associated
with the project; Fall
River’s long history of ef-
forts to bring gaming to Fall
River; Foxwoods’ progress
on securing a site for the
resort casino as well as the
City of Fall River and Fox-
woods dedication to a time-
line that ensures an applica-
tion would be submitted by
the July 23, 2014 deadline
as key reasons to deny the
extension request. Attorney
Fiola also disputes KG Ur-
ban’s principal’s, Barry
Gosin, claim that the pro-
spect of a tribal casino is
causing hesitation and un-
certainty among potential
partners. Attorney Fiola
notes that the “uncertainty
surrounding the tribal casi-
no is not going away soon”
and the implications of a
possible tribal casino need
to be built into the overall
casino development picture.
Despite the opposition from
the Fall River delegation
and the City of Fall River
and Foxwoods commitment
to meeting the July 23,
2014 application deadline,
the Massachusetts Gaming
Commission decided to ex-
tend the Region C Category
1 license until at least
September 23, 2014,
which would then push the
licensure award date to
February 2015.
The Massachusetts Gam-
ing Commission Ombuds-
man John Ziemba noted
that extending the deadline
would send a signal to ap-
plications that “we’re not
forcing them to submit an
application that isn’t as
fully developed as they
would like it to be” while
Gaming Commission
Chairman Stephen Crosby
noted, “I think we’re
stuck with extending it
some because we’d get no
proposals with the current
deadline.”
As for the effect this deci-
sion has on the timeline for
Fall River’s resort gaming
initiative, it is likely that
the Community Host
Agreement will now be
executed by City officials
and Foxwoods representa-
tives in late April, thereaf-
ter a request for a Referen-
dum will be sent to the
City Council with a
Citywide Referendum
likely taking place in late
June or early July.
In March 2014, the Fall
River Office of Economic
Development approved a
$250,000 loan for Sky
Beverage Co., a start-up
company located on Jeffer-
son Street.
Sky Beverage Co. is a
manufacturer and whole-
saler of premium health
drinks. In addition, the
company has also opened
a retail store at the plant
that will sell their beverag-
es, ice cream and other
convenience store items.
Sky Beverage will begin
operations by producing
vitamin water, flavored
water, and energy drinks.
They will also be offering
co-packing services to oth-
er bottling companies.
A report published by
Food Product Design in
2013 notes that the energy
drink sector has grown
60% between 2008-2012
and had total US sales of
more than $12.5 billion in
2012. Further, it is ex-
pected that the sales of
energy drinks will grow to
a value of $21.5 billion by
2017.
The overall growth of en-
ergy drinks is mainly at-
tributed to new product
launches, packaging and
expanded retail distribu-
tion. Additional economic
factors include shifts in the
US adult population by
age and ethnicity/race.
Fall River Office of Eco-
nomic Development Exec-
utive Vice President Ken-
neth Fiola, Jr. is pleased to
work with Sky Beverage
Co noting, “Sky Beverage
has a strong business plan
in a sector with great
growth potential. Our of-
fice is pleased to assist Sky
Beverage with this initia-
tive and have great faith in
their future success.”
A total of eight (8) jobs are
expected to be needed
once the plant is operation-
al. These jobs will include
machine technicians, a
forklift driver and a truck
driver. For additional in-
formation about Sky Bev-
erage Co. and their retail
location, visit their website
at
www.skybeveragestore.com.
Region C Application Deadline
Extended Energy Drink Start-up
Company Locates in Fall River

3. Page 3
Trending Developments
Fall River by the Numbers…
Jobs First Revolving Loan Fund - Since 1997
Year # of Loans Loan Amount Private Invest-
ment
New Jobs Retained Jobs
1997 19 $2,174,125 $4,363,101 164 265
1998 8 $235,000 $2,260,000 38 13
1999 34 $1,558,800 $10,603,592 181 262
2000 31 $2,014,957 $10,925,457 88 47
2001 47 $3,550,000 $13,756,784 54 359
2002 20 $1,599,600 $5,581,600 104 88
2003 32 $2,350,734 $7,136,023 62 173
2004 21 $1,859,000 $17,864,150 176 114
2005 23 $2,133,500 $11,792,700 82 220
2006 12 $851,620 $1,330,000 83 58
2007 22 $1,870,800 $12,622,178 63 219
2008 16 $1,616,200 $8,725,234 89 119
2009 26 $3,700,000 $5,730,450 29 110
2010 20 $2,302,000 $9,945,800 66 363
2011 31 $4,316,000 $9,633,017 149 388
2012 22 $1,560,500 $3,339,525 34 194
2013 14 $995,000 $5,102,025 22 207
Totals 398 $34,687,836 $140,711,636 1,484 2,999
YTD Total 669 $76,722,000 $145,988,025 5,227 9,957

4. One Government Center
Fall River, MA 02722-7700
Phone: 508-324-2620
Fax: 508-677-2840
E-mail: info@froed.org
Mission statement of the Fall River Office of Economic Development:
Incorporated in 1978 as a 501(c)(4) corporation to promote the prosperity
and general welfare of the citizens of Fall River through the stimulation of
economic strength and expansion of new and existing business.
Keeping Fall River working in Fall River.
F A L L R I V E R O F F I C E O F E C O N O M I C D E V E L O P M E N T
For more information please
visit our website:
www.froed.org
Page 4
You built your basic
WordPress website, but
now it’s time to make it
shine and add some
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-on Intermediate Word-
Press Workshop will
cover some of the most
commonly used plugins,
walk you through how to
find and select appropri-
ate plugins, find and se-
lect a theme, and discuss
free vs. premium
themes. In addition we
will cover best practices
for security, preparing
your site for SEO, and
backup and recovery
plugins.
This FREE event will be
held on Wednesday,
April 23, 2014 from 4:00
– 6:30 p.m. at the Cher-
ry & Webb/UMass Dart-
mouth Building, 139
South Main Street – 4th
floor, Fall River, MA
and is sponsored by the
Fall River Office of Eco-
nomic Development.
Space is limited, so please
register on line at
www.msbdc.org/semass
and click on event calen-
dar or call us at 508-673-
9783 x 10. Metered park-
ing is available on South
Main Street. Additional
parking is available for a
nominal fee at the Pearl
Street garage, which is one
block from the building on
the corner of Pearl and
Anawan Streets.
The Fall River Office of
Economic Development
(www.froed.org) helps
businesses evaluate the
many advantages of locat-
ing in Fall River, offering
aggressive incentive pro-
grams including low-
interest financing, tax ex-
emptions, employee recruit-
ment and training services,
and site selection assis-
tance.
Funded in part through a
cooperative agreement
with the U. S. Small Busi-
ness Administration.
Wordpress Advanced Technical Assistance Workshop
Date Topic
April 23, 2014 Wordpress 201
May 7, 2014 8 Steps to Successful
Invention
May 21, 2014 Advanced Google
Upcoming Workshops:
Offices with a View
The CWT Professional Building
located at 139 South Main Street
is the home of the former Cherry
& Webb Department Store. The
space has since been converted to
retail and office space.
Current tenants include Drewbi
Salon, Café Arpeggio, UMass
Dartmouth, and McDonald Law
Offices among others. Conven-
iently located across from the new
courthouse this space offers con-
venience and value.
Now available: Two water view
offices consisting of 2,250 sq. ft
and 3,700 sq ft. A convenient
downtown location and beautiful
views make this space ideal for
professionals looking to expand
or relocate.
Anyone interested in visiting the
available space or learning more
about the CWT Professional
Building should contact FROED
at 508-324-2620.