Northwood Tower (formerly Tetco Tower) will be sponsoring a blood drive with the help of the South Texas Blood and Tissue Center on Wednesday, November 21 in honor of P.J. O'Toole who was recently diagnosed with leukemia and is undergoing chemotherapy treatments at Methodist Children's Hospital.

If you or any of your staff are interested in donating blood, call the Management Office at 210-805-9900 to sign up. Each donation made in P.J.'s name is credited toward the uninsured portion of the blood processing fees associated with his treatment.

The following are requirements to be considered a candidate to donate blood:

• At least 17 years of age
• Valid ID/Drivers License
• Minimum weight of 110 pounds
• Generally good health
• The blood drive will run from 9am to 3pm, in the Conference Room on the Ground Level.

The House of Representatives approved the Temporary Tax Relief Act of 2007 that would more than double the tax rate on investment managers' carried interests to help pay for a one-year Alternative Minimum Tax (AMT) "patch" for middle- income taxpayers. Currently, carried interest is taxed like a capital gain at the 15 percent rate. The House-passed bill changes its tax treatment to that of ordinary income, which for most would be a 35 percent rate.

The legislation should face an uphill battle in the Senate where the slim Democratic majority will have a difficult time finding 60 votes to pass the bill as currently drafted and avoid Republican filibuster. Additionally, the Bush Administration has stated that it would veto the House bill if it made it to the President's desk.

Contact your Senators today and tell them you object to this increase on commercial real estate by visiting the BOMA Legislative Action Center.

The annual Holiday Cocktail Party is set for Wednesday, December 12 from 6pm to 10pm, at Biga on the Banks. The cost for members and guests is $50 each, to be paid in advance. Watch for the e-vite to arrive next week!

Magi Real Estate has an immediate position available for Accounts Payable. Interested parties should send resume and salary requirements to Cary Howell chowell@ magireslestate.com or Kelly Bishop kbishop@ magirealestate.com.

Job Description

• Code and process payables on a daily basis, including data entry in accounting system, for multiple properties.
• Work with Property Managers and Purchase Order system to obtain invoice approvals; report variances
• Prepare weekly check runs and present for approval
• Process outgoing checks
• Reconcile credit card statements monthly to receipts; code and process for inter-company charges
• Reconcile vendor statements monthly to invoices.
• Process employee mileage and expense reimbursements
• Maintain payable and vendor files.
• Maintain W-9's and Certificate of Insurance for all vendors
• Prepare month end closing reports and reconciliations
• Prepare 1099's at year end
• Field vendor calls and inquiries
• Maintain Company Sprint wireless account; monitor and maintain postage meter.
• Assist Accts Receivable as needed
• Data entry with speed and accuracy
• Experience with Yardi Enterprise, Genesis or Voyager
• Strong in Accounts Payable