BUILDER NORTH COAST BUILDING INDUSTRY ASSOCIATION
NEWSLETTER
north coast bia, sheffield village, oh 44035
www.ncbia.com
december 2023 - vol. MMXXIII - no. 12
Happy Holidays! From Your Family at
IMAGINE THE POSSIBILITIES There has never been a better time to be a Carter Lumber customer in the Cleveland/Akron area. We now have even more resources to provide our customers with quality materials and exceptional service. We’re more than just a lumberyard! Contact your nearest store location to see how having Carter Lumber as a part of your team can help you grow your business and your bottom line.
41625 Griswold Rd. Elyria, OH 44035 • (440) 934-5266
6199 SOM Center Rd. Solon, OH 44139 • (440) 248-5355 467 Center St. Chardon, OH 44024 • (440) 286-3833
172 N. Case Ave. Akron, OH 44305 • (330) 784-5441
3779 Manchester Rd. Akron, OH 44319 • (330) 645-6404 3725 Medina Rd. Medina, OH 44256 • (330) 725-6760
6320 N. Ridge Rd. Madison, OH 44057 • (440) 428-1110 carterlumber.com
North Coast Building Industry Association (NCBIA) BUILDER newsletter is the official newsletter of the NCBIA and is published monthly by the NCBIA. The NCBIA is an affiliate of the Ohio Home Builders Association (OHBA) & the National Association of Home Builders (NAHB).
NCBIA Office
5077 Waterford Dr. Suite 302 Sheffield Village, OH 44035 Phone: 440.934.1090 info@ncbia.com | www.ncbia.com
NCBIA Staff
Executive Officer Judie Docs | judie@ncbia.com Executive Assistant LaBreeska Bellan | labreeskancbia@gmail.com Marketing Associate Ashlyn Bellan-Caskey | ashlynncbia@gmail.com
Advertising Policy - The North Coast Building Industry Association reserves the right to reject advertising in the Builder newsletter based on content. Acceptance of advertising does not imply endorsement of the product or service advertised.
NCBIA Life Directors
Bob Yost, Dale Yost Construction Chris Majzun Jr., Majzun Construction Co. Chris Majzun Sr., Majzun Construction Co. Jack Kousma, Kousma Insulation Jeff Hensley, Lake Star Building & Remodeling Jeremy Vorndran, 84 Lumber Jim Sprague, Maloney + Novotny, LLC Liz Schneider Dollar Bank Mary H. Felton, Guardian Title Randy Strauss, Strauss Construction Tom Caruso, Caruso Cabinets Tom Lahetta, Tom Lahetta Builders, Inc.
2023 NAHB Delegates
These are our members who represent our local industry in Washington DC and Columbus:
2023 NCBIA Officers President Tim King, K. Hovnanian Homes - Ohio Division Vice President Mike Meszes, DRC Construction Co.
Randy Strauss, Strauss Construction Jason Rodriguez, The S.J.R Building Co.
NAHB Senior Life Delegate
Randy Strauss, Strauss Construction
Ohio’s State Rep. to NAHB
Randy Strauss, Strauss Construction
Associate Vice President John Toth, Floor Coverings International
OHBA 2023 President
Treasurer Melanie Stock, First Federal Savings of Lorain
OHBA Past Presidents
Secretary Mike Gidich, Honey Dudes Handyman Service Immediate Past President Sara Majzun, Majzun Construction Co.
2023 NCBIA Board of Directors
Sam Hudspath, All Construction Services
Kevin Walker, Walker Wealth Managements + Great Lakes Properties & Investments Dave Linna, Linna Homes & Remodeling Jason Rodriguez, The S.J.R Building Co.
Richard Bancroft, Bancroft Development Randy Strauss, 1996
2023 OHBA Trustees
Tim King, K. Hovnanian Homes - Ohio Division Sara Majzun, Majzun Construction Co. Mary Felton, Guardian Title (alternate)
2023 OHBA Executive Committee Appointees Sara Majzun, Majzun Construction (Membership) Judie Docs, NCBIA (Executive Officers Committee)
OHBA Area 2 Vice-President
Ric Johnson, CAPS Builder & Right at Home Technologies
Jon Sherer, Paraprin Construction Brian Schwab, RestorePro, Inc. Dave Weisenberger, Tusing Builders & Roofing Services
December 2023
www.ncbia.com
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13
21
SPONSORSHIP PACKAGES AVAILABLE FOR 2024 Event Sponsors:
Saturday, February 24th 9-5 Sunday, February 25th 10-3 Emerald Event Center 33040 Just Imagine Drive, Avon
2024
My company would like to sponsor the 2024 NCBIA Home Show. (Please select below)
EVENT SPONSOR Member: $2000 Non-Member: $2500
SUPPORTING SPONSOR
Member: $300 Non-Member: $500
Everything on Supporting Sponsor list, PLUS radio interview, booth space, logo on staff t-shirts and all printed advertising, mention in radio advertisements, option to have your company’s banner hung at show entrance and studio quality videos to promote your business! Includes: mention in radio ads, your logo in event program, Facebook event page, slideshow during event, option to put promotional items in swag bag, and recognition in BUILDER newsletter. Lunch is provided for ALL sponsors!
Member Event Sponsor($2000)
Member Supporting Sponsor ($300)
Non-Member Event Sponsor ($2500)
Non-Member Supporting Sponsor ($500)
SPONSOR INFORMATION Company Name (as it will appear in show) ______________________________________ Contact Person (print) _____________________________________________________ Cell # ___________________________________________________________________ Primary Product(s)/Service(s) _______________________________________________ Email address ___________________________________________________________
PAYMENT METHOD:
Please Indicate how you would like to pay for your sponsorship.
___Invoice
___Check Enclosed
___VISA/MC/AMEX/DISC*
*If you select credit card, our office will call for your card information. QUESTIONS? CONTACT THE NCBIA www.ncbia.com (440) 934-1090 judie@ncbia.com
Supporting Sponsors:
Reserve your sponsorship today! Contact the NCBIA (440) 934-1090 Judie@ncbia.com 5077 Waterford Dr., Suite #302 Sheffield Village, OH 44035
Office Use ONLY Booth Assigned# __________ Total Cost ___________ Deposit _____________
Bag Sponsor:
Balance Due _____________
Rev. 12/11/2023
24 Robert Yost Class of 2002
Gene Henes Class of 2004
Chris Majzun Class of 2003
John Sarnovsky Class of 2004
Bill Perritt Class of 2003
48-49
Address: City/State/Zip:
Mick Mackert Class of 2004
Phone Nomination Submitted by: Company:
Chris S. Majzun, Jr. Andy Kerchmar Class of 2005 Class of 2004
LeRoy Forthofer Class of 2006
Ray Yunker Class of 2006
Larry Franklin Class of 2005
Phone
Mary Felton Class of 2009
Linda Kacher Class of 2009
Joe Scaletta Class of 2010
Rich Smothers Class of 2010
Table of Contents
6 - Menu of Services 7 - Save the Dates 8-
Another Year as Your NCBIA President - 2023-2024 NCBIA President
9-
20 - Eye on Housing: Home Sales Data Show the
Impacts of Limited Warranty
21 -
Eye on the Economy: Fed Pivots and Housing Starts Surge
24-
Bucky Kopf
26
Farewell to 2023 - Executive Officers Report
NEW! Sheffield Village Land For Sale
Eye on Housing: Existing Home Sales Unexpectedly Rise Amid High Mortgage Rates
THANK YOU SPONSORS Ugly Sweater Photo Gallery
10 -
11- Eye on Housing:
Immigrants Share in Construction Highest on Record
14-
2024 Annual NCBIA Home & Remodeling Show - Sponsorship Flyer
15
OHBA Executive VP Column
16-17-
2024 Annual NCBIA Home & Remodeling Show - Exhibitor Contract Flyer
19 - Thank You SPIKES! Thanks for Renewing! Sorry to See you Go!
December 2023
27-29 30-31
Legislative Review
32-46 -
2023 Circle of Excellence
Call for Entries
48-49
NEW! 80th Anniversary Installation Night 2024 Flyer
50 -
NAHB IBS 2024 The New American Home
52-53
NEW! 2024 Calendar of Events
54-58 -
Speedway/Fleetcor Flyers
www.ncbia.com
page 5
n s
s
e
!
HOW CAN WE HELP? North Coast Building Industry Association Menu of Additional Products and Services
Copies Black & White (8.5”x11”) Single Sided 2-Sided
$0.10 $0.20
HOW CAN WE HELP? North Coast Building Industry Association Menu of Additional Products and Services
Equipment
Copies
Raffle Boards, Drum & Equipment
Black & White (8.5”x11”)
$100 per day
Black & White (8.5”x14”)
Equipment $0.10 $0.20
Single Sided 2-Sided
$0.15 $0.20
Single Sided 2-Sided
$0.15 $0.20
Black & (11”x17”) White
$0.50
Black & (11”x17”) White
$0.50
Single Sided 2-Sided
$0.25 $0.50
Color (8.5”x14”) Single Sided 2-Sided
$0.27 $0.52
Color (11”x17”)
$2.00
Design Services
$100 per day
Black & White (8.5”x14”)
Single Sided 2-Sided
Color (8.5”x11”)
Raffle Boards, Drum & Equipment
Color (8.5”x11”)
Warranty Books $30 each (plus shipping, if applicable)
Your New Home $7 each (plus shipping, if applicable)
Single Sided 2-Sided
$0.25 $0.50
Color (8.5”x14”) Single Sided 2-Sided
$0.27 $0.52
Warranty Books $30 each (plus shipping, if applicable)
New Home WhatYour members are
Color (11”x17”)
$2.00
Design Services
“ “
$7 each (plus shipping, if applicable)
saying:
Graphic Design Services
Graphic Design Services What a wonderful evening
$35 per hour
$35 per hour
Contact Ashlyn Bellan at Bellan-Caskey ashlynncbia@gmail.com
Contact Ashlyn Bellan at ashlynncbia@gmail.com
NEED SOMETHING ELSE? JUST ASK!
NEED SOMETHING ELSE? JUST ASK! Please have another Wine
For more information on any of these products & services, please contact the NCBIA Office at (440) 934-1090 or email judie@ncbia.com
For more information on any of these products delicious! & services, please contact the NCBIA Office at (440) 934-1090 or email judie@ncbia.com
page 6
www.ncbia.com
of wine and great food for a great cause.
Pairing Dinner, everything was
“ “
?
December 2023
Save the
Date!
Want to be a sponsor for any of these events? Let us know! Sponsor early to get maximum exposure!!!!! Call or email Judie at judie@ncbia.com for marketing opportunities to help your bottom line!!!!!
Saturday, January 20, 2024 Installation Night 5 PM - 8 PM
Do you have some business news to share? Business anniversaries, accomplishments, awards, publications, etc.? Send to judie@ncbia.com. We want to hear from you!
Tom's Country Place 3442 Stoney Ridge Road Avon, OH 44011
Saturday, February 24, 2024 from 9:00 AM - 5:00 PM
Ashlyn Bellan(Caskey) Got Married on November 4th at the Oak at Millsite Farm
AND
Sunday, February 25, 2024 from 10:00 AM - 3:00 PM
2024 Home and Remodeling Show Emerald Events Center 33040 Just Imagine Dr., Avon, OH 44011
If you would like to participate in a committee, please email Judie Docs at judiencbia@gmail.com. Check the website at www.ncbia.com for up-to-date changes, additions, and corrections to these events!
December 2023
www.ncbia.com
page 7
NCBIA 2023 PRESIDENT
ANOTHER YEAR AS YOUR NCBIA President! It is hard to believe but 2023 is ending, but I am excited for another year as President. I am filled with gratitude, recognition of the industry’s significance and an appreciation for the collective effort of our association’s members and leadership. As I look back on my first year our industry continues to improve, and our association continues to grow. Leadership, staff, and committees are constantly working on events, promotions, and meetings, all to provide for your needs. What you may or may not realize is the amount of time spent on keeping up with everything with these items. Without these people our organization would come to a halt. I would like to thank all who have volunteered their time to make this a great association.
Tim King, K. Hovnanian Homes We need you to help build our future! If you haven’t served as committee chair or been a part of a committee I want you to sincerely think about it. Your passion for the industry will be enhanced by being involved and creating new relationships with other members. Bottom line is that everything we do is for the building industry, which will give you the most rewarding feeling by providing a better way of life for men, women, and children with shelter. Wonderful memories come from home, either growing up or later in life. The NCBIA is committed to each member of our association. You can be proud of the fact that, as a member, you have contributed to the effort that is yielding so many positive results at the national, state, and local levels. The NCBIA is great because of our members. My thanks to each of you who helped 2023 be a successful year for our association and I wish you continued success in 2024. I hope to see you on January 20th at our 80th Anniversary including installation of 2024 Officers, Induction of Dave Linna of Linna Homes and Remodeling and Jack Kousma of Kousma Insulation into our Hall of Fame and of course our 2023 Circle of Excellence winners.
page 8
www.ncbia.com
December 2023
EXECUTIVE OFFICER’S REPORT
FAREWELL TO 2023
As we approach the end of another great year, I am filled with gratitude for your support, dedication, and commitment to our association’s mission. Throughout 2023, your active participation, innovation ideas, and collaborative spirit have been the cornerstone of our success. From our intimate small events to our larger events we’ve continued to make meaningful strides building the NCBIA. I would like to extend my heartfelt appreciation to each of you for your invaluable contributions. Your enthusiasm and involvement have not only enriched our association but have also inspired positive change and progress.
by Judie Docs, CSP, MCSP, MIRM, CMP, CGP
Looking ahead to 2024, we are poised for even greater accomplishments. Our collective vision and shared passion will continue to drive us toward new heights. I am excited about the upcoming initiative, events and opportunities that await us in the coming year. I encourage you to stay engaged and actively participate in our upcoming endeavors. Your voice, ideas, and involvement are vital in shaping the future of our association. As we bid farewell to 2023, let’s celebrate our achievements and embrace the lessons learned. Let’s carry the spirit of unity, collaboration, and determination into the new year, ensuring that together, we create an ever more impactful and fulfilling journey for our association.
December 2023
www.ncbia.com
page 9
EYE ON HOUSING
EXISTING HOME SALES UNEXPECTEDLY Rise Amid High Mortgage Rates
E
BY: FAN-YU KUO
x isting home sales rose in November from a
13-year low, ending a five-month decline, according to the National Association of Realtors (NAR). This increase in sales was driven by a strong gain in the South, where homes are considered more affordable. Low inventory and strong demand continued to drive up existing home prices. However, recent declines in mortgage rates and a continued improvement in inventory are expected to fuel more demand in the coming months. Total existing home sales, including single-family homes, townhomes, condominiums, and co-ops rose 0.8% to a seasonally adjusted annual rate of 3.82 million in November. On a year-over-year basis, sales were 7.3% lower than a year ago. The first-time buyer share rose to 31% in November, up from 28% in October 2023 and November 2022. The November inventory level decreased slightly to 1.13 million units but was up 0.9% from a year ago. At the current sales rate, November unsold inventory sits at a 3.5-months’ supply, down from 3.6-months last month and 3.3-months a year ago. This inventory level remains very low compared to balanced market conditions (4.5 to 6 months’ supply) and illustrates the long-run need for more home construction. Homes stayed on the market for an average of 25 days in November, up from 23 days in October 2023
The November all-cash sales share was 27% of transactions, down from 29% in October but up from 26% a year ago. All-cash buyers are less affected by changes in interest rates. The November median sales price of all existing homes was $387,600, up 4.0% from last year. The median condominium/co-op price in November was up 8.6% from a year ago at $350,100. Existing home sales in November were varied across the four major regions. Sales in the Midwest and South increased 1.1% and 4.7% in November, while sales in the Northeast and West fell 2.1% and 7.2%. However, on a year-over-year basis, all four regions continued to see a decline in sales, ranging from 4.3% in the South to 13.0% in the Northeast.
The Pending Home Sales Index (PHSI) is a forwardlooking indicator based on signed contracts. The PHSI fell 1.5% from 72.5 to 71.4 in October, the lowest level since the index started in 2001. On a year-over-year basis, pending sales were 8.5% lower than a year ago per the NAR data.
and 24 days in November 2022. In November, 62% of homes sold were on the market in less than a month.
page 10
www.ncbia.com
December 2023
EYE ON HOUSING
A
IMMIGRANTS SHARE IN Construction Highest on Record
fter years of being unable to ratchet up the number of new workers coming from outside the U.S. to help with persistent labor shortages, the construction industry reversed this trend and managed to attract over 90,000 new immigrant workers, levels unseen since the housing boom of 2005-2006. Native-born workers remain reluctant and continue joining the industry at a slower rate, with their total count remaining over half a million below the record levels of the housing boom of the mid-2000s. As a result, the share of immigrants in construction reached a new historic high of 24.7%, according to the most recent 2022 American Community Survey (ACS). In construction trades, the share of immigrants is even higher, exceeding 31%.
BY: NATALIA SINIAVSKAIA
The latest ACS data show that 11.8 million workers, including self-employed and temporarily unemployed, comprised the construction workforce in 2022. Out of these, 8.9 million were native-born, and 2.9 million were foreign-born, the highest number of immigrant workers in construction ever recorded by the ACS. This connection broke in 2017 when NAHB’s estimates showed a surprising drop in the number of new immigrants in construction despite steady gains in housing starts. This link was severed further by pandemic-triggered lockdowns and restrictions on travel and border crossings, drastically interrupting the flow of new immigrant workers. The most recent data show that 2021 marked a new milestone with the flow of immigrants into construction returning to typical levels driven by home building activity.
The construction labor force, including both native- and foreign-born workers, now exceeds the pre-pandemic levels but remains smaller than during the housing boom of the mid-2000s. As the chart above illustrates, it is the nativeborn workers that remain missing. Compared to the peak employment levels of 2006, construction is short 525,000 native-born workers and new immigrants only partially close the gap. Due to the data collection issues during the early pandemic lockdown stages, we do not have reliable estimates for 2020 and omit these in the charts. Typically, the annual flow of new immigrant workers into construction is highly responsive to the changing labor demand. The number of newly arrived immigrants in construction rises rapidly when housing starts are rising and declines precipitously when the housing industry is contracting. The response of immigration is normally quite rapid, occurring in the same year as a change in the single-family construction activity. Statistically, the link is captured by high correlation between the annual flow of new immigrants into construction and measures of new home construction, especially new single-family starts. December 2023
The overall rising trend as well as the noticeable uptick in the share of immigrants since 2021, are consistent with but slightly greater in construction compared to the changes observed in the rest of the US economy. Excluding construction, where the reliance on foreign-born workers is greater, the share of immigrants in the US labor force increased from just over 14% in 2004 to 16.6% in 2018, the highest level recorded by the ACS. The share of immigrants stabilized at these record high levels with no further increases in the post-pandemic market, returning to 16.6% in 2022.
www.ncbia.com
page 11
(800) 442-8277 www.hastingsmutual.com
404 E. Woodlawn Ave. Hastings, MI 49058
Building Your Business Select Contractors Broadened Coverage This coverage helps if there’s damage to property used by you or your employees that belongs to someone else. It has a limit of $2,500 per occurrence, with a $100 deductible. Builders Risk and Installation Floater “Floater” coverage is for anything that floats, or moves from place to place — like your supplies and machinery. It also covers damage to the structures you’re working on, including scaffolding, foundations, and more. This has a limit of $5,000, with a $250 deductible.
For more information contact:
Theresa Riddell (440) 420-1175
The Nelson Agency, Inc. tmycps@oh.rr.com 116 4th St., Elyria, OH 44035 Phone: 440-323-8002 -ORFax: 440-323-8055 Drywallersinsurance1@prodigy.net
Brett Adams A member of: (419) 515-0506 adamsb@sprouseagency.com
Portable Tools Coverage on your tools has a limit of $1,000 per tool, to a maximum of $2,500. It also has a $500 deductible. The information referred to is not a policy. Refer to your policy for specific coverage.
© 2019 Hastings Mutual Insurance Company
page 12
www.ncbia.com
SS-1 (10/19)
December 2023
Through Staples Advantage and NPP, you can order cleaning and office supplies online. Cleaning and janitorial supplies on discount include bath tissue, disinfecting wipes, hand sanitizer, dryers, cleaning chemicals, dish soap, detergent, facial tissues, paper towels, trash bags, laundry care, cleaning equipment and more! NPP member companies receive:
December 2023
·
Aggressive pricing on thousands of popular items
·
Office Supplies, Technology, Janitorial, Futuring, Printing and more!
·
Free next-day business delivery on most standard orders over $35 www.ncbia.com
page 13
SPONSORSHIP PACKAGES AVAILABLE FOR 2024 Event Sponsors:
Saturday, February 24th 9-5 Sunday, February 25th 10-3 Emerald Event Center 33040 Just Imagine Drive, Avon
2024
My company would like to sponsor the 2024 NCBIA Home Show. (Please select below)
EVENT SPONSOR Member: $2000 Non-Member: $2500
SUPPORTING SPONSOR
Member: $300 Non-Member: $500
Everything on Supporting Sponsor list, PLUS radio interview, booth space, logo on staff t-shirts and all printed advertising, mention in radio advertisements, option to have your company’s banner hung at show entrance and studio quality videos to promote your business! Includes: mention in radio ads, your logo in event program, Facebook event page, slideshow during event, option to put promotional items in swag bag, and recognition in BUILDER newsletter. Lunch is provided for ALL sponsors!
Reserve your sponsorship today!
Member Event Sponsor($2000)
Member Supporting Sponsor ($300)
Non-Member Event Sponsor ($2500)
Non-Member Supporting Sponsor ($500)
SPONSOR INFORMATION Company Name (as it will appear in show) ______________________________________ Contact Person (print) _____________________________________________________ Cell # ___________________________________________________________________ Primary Product(s)/Service(s) _______________________________________________ Email address ___________________________________________________________
PAYMENT METHOD:
Please Indicate how you would like to pay for your sponsorship.
___Invoice
___Check Enclosed
*If you select credit card, our office will call for your card information. QUESTIONS? CONTACT THE NCBIA www.ncbia.com (440) 934-1090 judie@ncbia.com
Supporting Sponsors:
Contact the NCBIA (440) 934-1090 Judie@ncbia.com 5077 Waterford Dr., Suite #302 Sheffield Village, OH 44035
Office Use ONLY Booth Assigned# __________ Total Cost ___________ Deposit _____________ Rev. 12/11/2023
Balance Due _____________
___VISA/MC/AMEX/DISC*
Bag Sponsor:
OHBA EXECUTIVE VP COLUMN
SEASONS GREETINGS and Happy New Year It’s that time of year again. As we finish the calendar year a new one is in our midst. Having done this for some time now, I know a new year does not always bring about much new, just more of the same. However, it is a good time to review past accomplishments and focus on preparations for the future. At the beginning of the year, we saw Ohio’s own Bill Owens ascend to the chairs of NAHB. This is a great accomplishment as well as recognition of his leadership and the regard many in the country have for the influential members from Ohio who keep NAHB on a path of service and respect. As our issues seem to increase each year the same goes for NAHB. Ours is a highly regulated industry with not much easing on the horizon. We must always be on watch. We have to give applause for our president Richard Bancroft and his leadership team for a successful year. Many issues were dealt with head on and OHBA officers made the needs of the industry known throughout Ohio. This interest has been heightened with the recruitment of Intel to Ohio. That move ripped the blinders off some in Ohio that we are woefully underhoused. This is beginning to open some avenues for discussions regarding the impact of regulation on housing prices and availability.
by Vincent J. Squillace, CAE, OHBA Exec. VP
While not always fun entertainment, the political showcase will be in full and unavoidable view through March. That is the next date of the primary elections in Ohio. From the president on down there will be plenty of action. A key leadership battle in the House will find 40 or more primary battles amongst republicans seeking a chance to run in November for the Ohio House. Emotions are running high amongst the field of competitors. The race to oppose Senator Sherrod Brown in November will be hotly contested and perhaps be the decider of which party controls the US Senate. Let’s not forget primaries for the next presidential election as well. While many find the politics of it all unappealing, we have to be involved as we all must realize what actions are taken after the election will be what policies we must comply with. We should have a good idea of what to expect at our Spring Organizational Meeting March11-12, 2024. Hope to see you there
December 2023
www.ncbia.com
page 15
TWO DAY SHOW!!!!!
EXHIBITOR CONTRACT Company Name (as it will appear in show) __________________________________________
Saturday, February 24th 9-5
Contact Person (print) _________________________________________________________
Sunday, February 25th 10-3
Cell # _______________________________________________________________________
Emerald Event Center 33040 Just Imagine Dr., Avon
Primary Product(s)/Service(s) ___________________________________________________ Email address ________________________________________________________
Booth spaces are LIMITED and available on a 1st Come, 1st Served Basis! 2023 SOLD OUT - Act now to secure your booth!
BOOTH INFORMATION
Will you need electricity? _______ YES _______ NO
$399 Booth Space ($499 non-members) DIRECT SALES BOOTHS $149
Electric is optional and available on a 1st Come, 1st Served Basis! ______# of Booth Spaces
____________TOTAL AMOUNT DUE
I understand that I have contracted for exhibit space by signing this contract and I am liable for the full cost of the booth space. I also understand that the final location of space will be determined by show management upon receipt of a 50% deposit or payment in full. The undersigned represents that he/she is fully authorized to execute and complete this agreement. The undersigned also understands and agrees to the rules and regulations on the reverse side of this contract. Authorized Exhibitor Signature Printed Name
Sponsorships Available Call for More Info!
Showcase Your Business
PAYMENT METHOD:
Please Indicate how you would like to pay for your booth space. ___Invoice
___Check Enclosed
___VISA/MC/AMEX/DISC*
**A $5.00 Convenience Fee will be charged for all Credit Card Payments
*If you select credit card, our office will call for your card information.
Please send completed form to Judie@ncbia.com or 5077 Waterford Dr., Suite #302 Sheffield Village, OH 44035
Event Sponsors: Our Biggest Consumer Event of the Year!
Over 1000 Local Consumers Expected
Questions? Contact the NCBIA at (440) 934-1090
Supporting Sponsors:
2024
Bag Sponsor: Rev. 12/20/2023
2024
RULES AND REGULATIONS GOVERNING EXHIBITS MANAGEMENT: The North Coast Building Industry Association (NCBIA) shall be deemed Event Management and shall have all rights thereto assigned. (From here on the North Coast Building Industry Association will be referred to as NCBIA). CHARACTER OF EXHIBITS: NCBIA reserves the right to approve all exhibits. The exhibits and the distribution of promotional material shall be limited to the confines of the Exhibitor’s space. Under no circumstances shall any Exhibitor be permitted to attract attention to his/her exhibit in such a way as to distract or interfere with the other exhibitors. REGISTRATION: Exhibitors and their employees at the Event should wear a registration badge and/or tag for proper identification. SET UP/REMOVAL OF EXHIBITS: All exhibits must be placed and ready at the opening of the show and no movement of exhibits will be permitted until after the close of the show. Exhibits must remain intact until after closing of the show and be removed within such time as may be specified by the NCBIA. Strict compliance with move in and move out times is mandatory. A fine for late move in and/or early move out will be assessed at the discretion of the NCBIA. RAFFLES: Exhibitors are encouraged to conduct games, lotteries and/or similar activities to increase patron participation, so long as it does not interfere with the other exhibitors. CARE OF EXHIBITS/AISLES: Aisles must be kept clear at all times. Seating for buyers must be confined within the exhibitor’s space. Exhibitors are requested at all times to cooperate with the NCBIA in maintaining all exhibits in appropriate condition. *In the event that the Exhibitor does not exhibit as provided herein or fails to comply in any respect with the terms of this agreement, the NCBIA management shall have the right without notice to the Exhibitor, to license the use of said space to any other company, enterprise, person or persons and the Exhibitor agrees to pay any deficiency, loss and/or damage sustained by the NCBIA as a consequence of such failure to occupy space as provided in this agreement. In addition, it is agreed that should the NCBIA be unable to license the use of said space as herein provided, it shall have the right to occupy said space for its own purposes without prejudice to its rights against Exhibitor pursuant to this agreement, including but not limited to the payment of a license fee. *Exhibitor will not sub license any part of the space herein provided for without the express written consent of the NCBIA. In the event the exhibit premises are destroyed or rendered unavailable for any reason whatsoever (whether before or during the scheduled exhibition), the rights of the Exhibitor under this agreement shall be limited to a pro-rated refund of the amount paid for the space licensed. DIRECT SALES: All direct sales vendors must make the payment for their space in full at the time of registration.
COMPLIANCE WITH LAWS: Exhibitors must comply with all federal, state and local laws, regulations and rules that may be in force during the exhibit. INSURANCE: Exhibitors who desire insurance on their exhibits must procure same at their own expense. The NCBIA will not be responsible for any losses incurred by the Exhibitor or its employees because of theft, damage or for any cause whatsoever nor to any property of employee(s) or Exhibitor(s) while en route to or from exhibit. The Exhibitor agrees to make no claim for any reason whatsoever, including negligence, against the NCBIA or NCBIA management, its agents or employees while in the show quarters. Exhibitor agrees to indemnify and hold harmless the NCBIA against any loss, damage or expense (including reasonable attorney’s fees) act or omission of Exhibitor or its agents connected in any way with its exhibits. DECORATIONS, SIGNS, ETC: All equipment in conjunction with the exhibit must be provided by the Exhibitor. However, only the sign of the firm covered by the Exhibitor’s agreement may be placed in the booth or upon printed list of exhibitors or program. All decorations must conform to fire regulations. No exhibit is permitted that is more than eight feet high, or that obstructs other exhibits due to its design or size or that presents a safety hazard to other exhibitors and/or attendees. PAYMENT DEFAULT: A service charge of 15% per month is applicable on all balances after 30 days. In the event any unpaid amount is placed for collection, client and/or agent agree to pay all collection costs, including reasonable attorney’s fees. REFUND POLICY: A partial refund will only be given with a minimum of 45 days notice prior to the event. The NCBIA retains the right to use their own discretion when deeming the reason for refund as a viable one to determine whether refund shall be granted. *The NCBIA shall have the right to make such rules and regulations in connection with the Exhibition as it may deem proper and may amend them at any time, and the NCBIA shall have the full power in the matter of interpretation and enforcement thereof. The rules and regulations heretofore referred to are printed on this agreement and are incorporated herein by reference. Exhibitor agrees to abide by said rules and regulations. *It is agreed that this instrument is a license, and not a lease, and that no leasehold or tenancy is intended to be or shall be created hereby. *This agreement cannot be varied, modified or canceled by the Exhibitor without the express written consent of the NCBIA. *IN WITNESS THEREOF, the Exhibitor has caused this application and agreement to be executed by authorized representative.
REFRESHMENTS: No sample food and/or beverage products may be distributed by exhibitors except upon written authorization of the NCBIA. Signature of Exhibitor ___________________________________________________ Date___________________
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December 2023
THANK YOU SPIKES! STATESMAN SPIKE (500-999 SPIKE CREDITS) Bob Yost......................... Dale Yost Construction............................... 696.75 Mary H. Felton............. Guardian Title.............................................. 541.00 SUPER SPIKE (250-499 SPIKE CREDITS) Terry Bennett................. Bennett Builders & Remodelers................. 302.75 Jack Kousma................. Kousma Insulation...................................... 294.00 Chris Majzun Jr. ........... Majzun Construction Co............................. 276.00 Sara Majzun......................Majzun Construction Co............................. 264.00 ROYAL SPIKE (150-249 SPIKE CREDITS) Bill Perritt...................... Perritt Building Co...................................... 225.50 Jeff Hensley................... Lake Star Building & Remodeling............ 185.75 Randy K. Strauss.......... Strauss Construction................................... 180.50 Tom Lahetta.................. Tom Lahetta Builders.................................. 173.50 RED SPIKE (100-149 SPIKE CREDITS) Dave Linna Sr................ Linna Homes & Remodeling..................... 138.50 Jason Scott..................... Greyhawk Holdings, LLC.......................... 133.00 Thomas Caruso............. Caruso Cabinets........................................... 117.75 Patrick Shenigo............. ShenCon Construction, LLC...................... 111.00 Tom Sear........................ Ryan Homes................................................. 110.25 Chris Majzun Sr............ Majzun Construction Co............................. 107.00
Our SPIKES are Our FOUNDATION
Thanks for Renewing! Chad Wildman, CW Electrical Contracting, Inc. Mike Meszes, DRC Construction Erin Tober, Ferguson Enterprises Kristine Burdick, Howard Hanna Real Estate Michael Griffith, M.J. Griffith Paving, Inc. Joe Hart, North Coast Integrated Technologies
GREEN SPIKE (50-99 SPIKE CREDITS) Jim Sprague................... Maloney & Novotny, LLC.......................... 99.00 Chris Mead.................... Maloney & Novotny, LLC.......................... 79.00 Aaron Kalizewski......... Grande Maison Construction..................... 70.00 Jeremy Vorndran.......... 84 Lumber..................................................... 61.00 Liz Schneider................ Dollar Bank................................................... 54.00
Daniel Brunner, Personal Lawn Care
LIFE SPIKE (25-49 SPIKE CREDITS)
Mike Sherrill, Raymond Plumbing, Heating & Air Conditioning, LLC
Tim King......................K. Hovnanian Homes.............................. 42.50
Steve Schafer................. Schafer Development.................................. 30.50 John Daly....................... Network Land Title..................................... 27.50 BLUE SPIKE (6-24 SPIKE CREDITS) John Toth....................... Floor Coverings International.................... 17.00 Chris Collins................. Carter Lumber.............................................. 16.00 Mark McClaine............. 84 Lumber..................................................... 14.00 Ken Cassell.................... Cassell Construction.................................... 13.50 Dave LeHotan............... All Construction Services........................... 12.00 John Blakeslee............... Blakeslee Excavating, Inc............................ 11.50 Steve Fleming............... Shamrock Development............................. 11.50 Ashley Oates................. 84 Lumber..................................................... 10.00 Scott Kosman................ Lakeland Glass............................................. 9.50
Tim Hinkle..................Green Quest Homes................................ 6.50
Jim Tipple...................... Maranatha Homes....................................... 6.50 Lindsay Yost Bott.......... Dale Yost Construction............................... 6.00 Mike Meszes................. DRC Construction....................................... 6.00
Todd Tomasheski, Plas Brothers Paving, Inc. Lambrini Palmieri, Project Turnkey
Theresa Riddell, The Nelson Agency Tim Hutman, Tim Hutman Home Renovations
Sorry to See You Go! Bill Sinclair, Modular Decks of American/NRC Fence and Deck Ray Allen Thom, Thom Concrete Anne Schorr Wesbanco Bill Damm, Wesbanco Lisa Houck, Wesbanco
December 2023
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EYE ON THE ECONOMY
HOME SALES DATA SHOW THE Impacts of Limited Inventory
I
nterest rates are moving in the right direction for housing, as macro data (including labor market readings) cool. The 10-year Treasury rate has decreased from 5% in mid-October to below 4.2% as of early this week. These moves should push mortgage rates back down to 7% after several months of elevated rates, which reduced builder sentiment.
BY: ROBERT DIETZ
Nonetheless, new home sales are also being supported by a lack of housing inventory. Single-family resale inventory is at a 3.6-month supply. Although higher than it was a year ago (3.3-month supply), this is still less than half of what is expected for normal market conditions. The lack of inventory, combined with challenging housing affordability conditions, has driven the volume of existing home sales lower. Total existing home sales, per the National Association of Realtors, fell 4.1% in October to a 3.79 million annual rate. This is 14.6% lower than a year ago. New home sales also fell back in October because of higher mortgage interest rates, which approached 8%. Sales of newly built single-family homes fell 5.6% to a 679,000 annual rate. However, the lack of resale inventory helped push new home sales up 4.6% on a year-to-date basis. Price discounting has also helped, with median new home prices down more than 17% from a year ago. (Some of this decline is due to smaller home sizes.) Ongoing tight housing market conditions, despite higher mortgage rates, have supported home prices. The CaseShiller Index of national home prices was up 8.1% in September. Although a slower growth rate than in August (9.8%), the ongoing positive readings for home prices confirm once again that housing market inventory is insufficient given the demand. The NAHB forecast is for moderate growth in single-family construction in 2024 to help meet this unmet demand. As in prior years, limiting factors will include access and cost for builder and developer financing and the availability of skilled labor. The volume of AD&C financing declined 2.8% during the third quarter, with annualized interest rates near 13%. The skilled labor shortage continues, with the industry short more than 400,000 workers. However, the overall shortfall of workers for the U.S. economy fell to 8.7 million in October, notably lower than the 10.5 million reading from a year ago. This cooling of aggregate labor market conditions is another positive indicator in the fight against inflation and is contributing to lower long-term rates.
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December 2023
EYE ON THE ECONOMY
FED PIVOTS AND Housing Starts Surge
I
nterst Interest rates have pulled back in recent weeks, as markets correctly anticipated a dovish Federal Reserve announcement in December. In fact, the Fed surprised by not only remaining on pause with respect to the federal funds rate (which was last increased in July), but also by revealing an estimated three rate cuts for 2024. NAHB is currently forecasting just two rate cuts in 2024: one 25 basis-point cut in the third quarter and one more in the fourth quarter.
BY: ROBERT DIETZ
Long-term interest rates responded positively to these developments. The 10-year Treasury bond has approached a 3.9% rate, down just about 100 basis points from October high levels. And mortgage rates have retreated below 7% for the first time since the middle of August. Inflation appears to be moving in the right direction as well, with the CPI growing at a 3.1% rate in November. However, policy makers should take note: Shelter cost growth accounted for 70% of the headline gain in November. Only additional construction of attainable, affordable housing will ultimately tame shelter inflation. With the growing wave of good macro news, builder sentiment has turned the corner. While still gloomier than actual market conditions, the NAHB/Wells Fargo Housing Market Index increased three points in December to a level of 37. We expect continued improvement ahead. However, the index’s partial and, we believe, temporary disconnect from starts/permit activity is indicating that supply-side constraints continue to frustrate the market, and that larger builders are gaining market share over more capitalconstrained private builders. In contrast, single-family starts surged in November as rates moved lower. Single-family starts increased 18% to a 1.14 million seasonally adjusted annual rate. However, single-family starts are down 7.2% year to date. The multifamily sector, which includes apartment buildings and condos, increased 6.9% to an annualized 417,000 pace. Lower interest rates and a lack of resale inventory helped to provide a strong boost for new home construction in November. However, it would not be surprising to see these construction data retreat in December because of last month’s accelerated pace and ongoing supply-side concerns (or the November data to be revised lower). Nonetheless, the macro and housing data suggest next year will see gains for single-family construction, while a rise in the level of new multifamily rental completions will continue to hold back multifamily construction activity.
December 2023
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December 2023
Land | For Sale
.65 Acres For Sale
5201 Waterford Drive Sheffield Village, Ohio www.cbre.com/cleveland
Sheffield Village, OH + For Sale: $75,000 $65,000 274’
+ .65 Acres + Zoned: C2 Office 22,406 VPD
+ Located just off N Abbe Road (301) just south of Detroit Road Road with close proximity to I-90. + Cobblestone Shopping Center is located across the street with major retailers; Sam’s Club, AtHome, Regal Cinema, Burlington, Panera, World Gym, Wendy’s and more!
Contact Steve Ross Vice President +1 216 363 6423 steve.ross@cbre.com
Nagy Family Dental Group
N Abbe Rd
+ Daily traffic counts on N Abbe Road are 22,406 VPD.
105’
CBRE, Inc. 950 Main Avenue, Suite 200 Cleveland, OH 44113 +1 216 687 1800
For Sale
Land 5201 Waterford Drive, Sheffield Village, Ohio 44035
22,406 64,398 22K Combined Area Traffic Count (VPD)
Daytime Population (3 Mile Radius)
Households (3 Mile Radius)
Contact Steve Ross Vice President +1 216 363 6423 steve.ross@cbre.com © 2022 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. Licensed Real Estate Broker.
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December 2023
2023 Ugly Sweater Christmas Party
PHOTO GALLERY
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December 2023
And Our Winners Are...! DJ Grincewicz Mike Meszes
December 2023
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LEGISLATIVE REVIEW
DECEMBER 18, 2023 REPORT #13 MORE DETAILS ON BUDGET HOUSING PROGRAMS ANNOUNCED Several housing initiatives were included in the final version of HB 33 Biennium Budget enacted in July. More details on both the Welcome Home Ohio program and Ohio Homebuyer Plus savings account were released last week and can be found at the links below. Further, the new provisions enacting the property tax exemption for residential development property are in effect. While OHBA is seeking clarification, explained below, the application process is available through the Ohio Dept of Tax. Welcome Home Ohio Program | Development The Welcome Home Ohio (WHO) program is designed to provide grants for the purchase of qualifying residential properties, the cost of construction or rehabilitation, or a nonrefundable tax credit for qualifying activities. The Ohio General Assembly funded the program in House Bill 33, with $100 million in General Revenue Funds for grants and $50 million in nonrefundable tax credits. Governor Mike DeWine signed the bill into law on July 4, 2023. The program will be administered by the Ohio Department of Development. Ohio Homebuyer Plus In collaboration between the offices of Ohio Governor Mike DeWine and Treasurer Sprague, Ohio Homebuyer Plus creates specialized, tax-advantaged savings accounts to assist Ohioans on their homebuying journey. Individuals who open an account will have access to above-market interest rates and may also qualify for certain Ohio state income tax deductions. ORC 5709.56 Property Tax Exemption Residential Development Property New provisions included in HB 33 Budget are in effect including ORC 5709.56 exempting from property tax the value of the unimproved land subdivided for residential development in excess of the most recent sale price. The exemption authorized for up to 8 years from the date of platting/recording, or until construction begins or the land is sold. OHBA will continue working to clarify the implementation process of this ‘exemption’ after Ohio Dept. of Tax indicated the existing law (ORC 5715.27) requires an extensive school board notice/hearing process as part of the application for approval. OHFA Single Family Housing Program The Ohio Housing Finance Agency is developing its rules to implement the single-family housing tax credit program included in HB33. Established as a public-private partnership, the Single-Family Housing Tax Credit will bring together local government entities with a project development team (homebuilders, investors, and realtors) to identify the location and scope of construction of single-family homes in a community. OHBA has provided cost information and insight to the agency, as well as, suggestions to try to make this program workable. Details on the proposed rules and QAP can be found at the link below. https://ohiohome.org/singlefamilytaxcredit.aspx page 30
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December 2023
LEGISLATIVE REVIEW
LEGISLATIVE UPDATE Legislative Amendment to Home Construction Service Suppliers Act (HCSSA) After appeals court rulings in the Fifth and Eleventh Districts finding remodeling projects are not covered under the HCSSA (ORC 4722) regardless of dollar amount, OHBA is working several legislators to change the statute to clarify intent for HCSSA coverage of remodeling over $25,000. Ohio Supreme Court has yet to take a case to address the recent findings. As a result, in the Fifth and Eleventh Districts (Ashtabula, Geauga, Lake, Portage and Trumbull, Ashland, Coshocton, Delaware, Fairfield, Guernsey, Holmes, Knox, Licking, Morgan, Morrow, Muskingum, Perry, Richland, Stark and Tuscarawas) all remodeling projects are subject to the CSPA. HB 187 Property Tax (Hall, T. Bird, A.) HB 187 included a modified approach to reducing property taxes and cleared the Senate unanimously Wednesday, hours after legislation was overhauled in committee to focus the relief on Ohio's elderly and disabled homeowners. The revisions to a House measure include the removal of a three-year averaging mandate for property valuation determinations sought by the House, but it retains language giving county auditors the upper hand in setting values. The major policy addition is language that expands the homestead exemption, which will reduce property taxes for seniors, the disabled and surviving spouses through 2026. SENATE SELECT COMMITTEE ON HOUSING CONTINUES ITS WORK
The Committee’s most recent hearing was held in Lima, Ohio with a future hearing likely after the new year in Northeast Ohio. As the committee hears from various stakeholders, OHBA is working to maintain focus on the impact of regulation and the importance of the private side of providing housing for Ohio. As the Committee begins to generate its report and recommendations, OHBA will provide a list of recommendations, including but not limited to line extension costs, building code review, land development standards, referenda and zoning reform, among others.
Feel free to contact OHBA with any questions or concerns. Ohio Home Builders Association Phone- 614/228-6647
December 2023
www.ncbia.com
page 31
NAHB Member Put your membership to work.
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December 2023
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Special Association Discount for the North Coast Building Industry Association
SuperFleet Mastercard®
Association Fueling Program A fuel card program designed with associations in mind. EARN AN ADDITIONAL 25¢ PER GALLON!†
• Save 5¢ per gallon at Speedway locations* • Over 3,400 fueling locations in the U.S. • Over 175,000 locations nationwide that accept Mastercard cards** • Custom card controls and increased security • Online reporting and account management
CUSTOMER NAME VEHICLE DESCRIPTION VEHICLE IDENTIFICATION
Call Holden Moll at 1-760-918-5933 or email holden.moll@fleetcor.com to start earning your association savings! Earn Speedy Rewards on eligible purchases at Speedway.
Be sure to reference the North Coast Building Industry Association for your special 25¢ discount.
†Limited time offer valid for new Speedway SuperFleet Mastercard applications received from 3/7/2022 through 12/31/2022. New approved accounts will earn 25 cents per gallon rebate on Speedway fuel purchases in the first three months after account setup. Rebates are cents per gallon based on the number of gallons purchased at Speedway locations per calendar month. The maximum promotional rebate in any one-month period, regardless of billing terms, is $500. Rebates are subject to forfeiture if account is not in good standing.
*Rebates are cents per gallon based on the number of gallons purchased at Speedway locations per calendar month. Rebates will be reflected on your billing statement in the form of a statement credit. Not valid on aviation, bulk fuel, propane or natural gas purchases. Rebates are subject to forfeiture if account is not in good standing. Program pricing is subject to change any time beginning 12 months after sign-up. **Please see Client Agreement – at www.fleetcor.com/terms/superfleet-mc – for rate, fee and other cost and payment information. Fuel purchases at locations other than Speedway locations are subject to an out-of-network transaction fee. The SuperFleet Mastercard® is issued by Regions Bank, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. © 2022 FLEETCOR, P.O. Box 1239, Covington, LA, 70434.
The 7FLEET Diesel Network Mastercard® Fueling your fleet for the road ahead. Perfect for diesel fleets that rely heavily on high speed truck diesel lanes for fuel. The 7FLEET Diesel Network Mastercard offers significant discounts on diesel at the over 260 locations that make up the 7FLEET Diesel Network as well as discounts on commercial truck lane diesel across the AMBEST network. *
Save an average of Network Discounts Save an average of 53cpg on truck diesel lane gallons fueled in the 7FLEET Diesel Network.*
Security & Fraud Controls
Online Control & Visibility
53¢
Enjoy the security of advanced card prompts.
Set card controls and access detailed reporting online anytime.
on truck diesel lane gallons fueled in the 7FLEET Diesel Network.
per gallon*
Customize and download cost and performance reports monthly or in real-time. Monitor transactions and manage your account online, in real-time. Use card prompts to help prevent misuse. Simple online access. Accepted at your favorite 7-Eleven & Speedway locations and anywhere Mastercard is accepted, regardless of fuel brand.**
Contact your sales representative today! Name
Holden Moll
Phone
1-760-918-5933
holden.moll@fleetcor.com
*Average savings of 53 cents per gallon in the 7FLEET Diesel Network based on actual 7FLEET Diesel Network client transactions for Q4 of 2022. Visit www.7fleetnetwork.com/locations for a full listing of 7FLEET Diesel Network sites. Truck lane diesel transactions made with the 7FLEET Diesel Network Mastercard at AMBEST Travel Center locations will receive a Cost Plus discount when purchased at the truck lanes. Visit https:// am-best.com/Travel-Centers/Location-Map for a full listing of AMBEST sites. Not valid on unleaded, aviation, bulk fuel, propane, natural gas, or non-truck lane diesel purchases. **Please see Client Agreement – at www.fleetcor.com/terms/7-Eleven-dn – for rate, fee and other cost and payment information. Fuel purchases at locations other than 7-Eleven or Speedway locations are subject to an out-of-network transaction fee. The 7FLEET Diesel Network Mastercard® is issued by Regions Bank, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. © 2023 FLEETCOR, P.O. Box 1239, Covington, LA, 70434.
Special Association Discount for the North Coast Building Industry Association
The 7-Eleven Commercial Fleet Mastercard® Fleet savings made easy. Perfect fit for mid-sized to larger fleets that need the added convenience of fueling where Mastercard® is accepted. With the 7-Eleven Commercial Fleet Mastercard®, your fleet can customize reports for a complete fuel management solution.
Rebates & Savings Save 5¢ per gallon with volume-based rebates!*
Security & Fraud Controls
Online Control & Visibility
Enjoy the security of advanced card prompts.
Set card controls and access detailed reporting online anytime.
Earn 5¢ per gallon in rebates when you fuel at 7-Eleven & Speedway locations.* Customize and download cost and performance reports monthly or in real-time. Monitor transactions and manage your account online, in real-time. Use card prompts to help prevent misuse. Simple online access. Accepted at your favorite 7-Eleven & Speedway locations and anywhere Mastercard is accepted, regardless of fuel brand.**
Call Holden Moll now at 1-760-918-5933 or email holden.moll@fleetcor.com to start earning your association savings today! ꝉ Limited time offer valid for new 7-Eleven Commercial Fleet MasterCard applications received from 1/1/2023 through 12/31/2023. New approved accounts will earn 15 cents per gallon rebate on 7-Eleven & Speedway fuel purchases in the first six months after account setup. Rebates are cents per gallon based on the number of gallons purchased at 7-Eleven & Speedway locations per calendar month. The maximum promotional rebate in any one-month period, regardless of billing terms, is $600. Rebates are subject to forfeiture if your account is not in good standing. To receive rebate, invoice must be paid on time. Rebates will not apply to returns or chargebacks. Savings will be reflected as a rebate on your filling statement in the form of a statement credit. Rebate offer valid for first 12 months after account set-up.
*Rebates are cents per gallon based on the number of gallons purchased at 7-Eleven & Speedway locations per calendar month. Not valid on aviation, bulk fuel, propane or natural gas purchases. Rebates are subject to forfeiture if your account is not in good standing. To receive rebate, invoice must be paid on time. Rebates will not apply to returns or chargebacks. Savings will be reflected as a rebate on your filling statement in the form of a statement credit. Rebate offer valid for first 12 months after account set-up. **Please see Client Agreement – at www.fleetcor.com/terms/7-Eleven-mc – for rate, fee and other cost and payment information. Fuel purchases at locations other than 7-Eleven or Speedway locations are subject to an out-of-network transaction fee. The 7-Eleven Commercial Fleet Mastercard® is issued by Regions Bank, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. ©2023 FLEETCOR, P.O. Box 1239, Covington, LA, 70434.
7-Eleven Fleet Card Program Application Please send the application to
holden.moll@fleetcor.com
7-Eleven Commercial Fleet Mastercard ® 7FLEET Diesel Network Mastercard ®
SELECT CARD*
7-Eleven Commercial Fleet Mastercard
7FLEET Diesel Network Mastercard
BUSINESS INFORMATION – Required. Legal Company Name (limit to 28 characters)*
Subsidiary or DBA (limit to 20 characters)
Create a 5 Digit Account Security Code (Required for card activation & customer service needs)*
Primary Contact First Name*
Last Name*
Title*
Card Delivery Street Address 1 (No PO boxes)*
Card Delivery Street Address 2
City*
State*
ZIP*
Company Billing Street Address 2 (If different from card delivery address)
Company Billing Street Address 2
City
State*
ZIP
Business Phone #*
Cell Phone#
Fax #
Type of Business*
Estimated Monthly Charges/Spending ($)* Estimated Monthly Gallons*
Statement Delivery Method:
☐Electronic
☐ Paper
Years of Business*
# of Vehicles*
Email Address*
Full Time Employees*
# of Drivers*
# of Cards Needed*
Site ID#*
Tax ID#*
Type of Organization*– If your organization is any type other than Sole Proprietorship, Public Corporation, or Government & Education, you must complete the Business Owner Section below. ☐ Sole Proprietorship ☐ Partnership ☐ Public Corporation ☐ Private Corporation ☐ Non-Profit ☐Government & Education ☐ LLC ☐LLP NOTE - At FLEETCOR’s discretion, we may require CPA Reviewed or Audited Financial Statements during the Credit review.
AUTHORIZED REPRESENTATIVE – Required.
Application Terms: By signing this Application, the Authorized Representative represents, warrants, and agrees that: (a) he or she is authorized to apply to FLEETCOR TechnologiesOperating Company, LLC (“FLEETCOR”), a Louisiana limited liability company, for an unsecured, partially secured, or fully secured line of credit (“Account”) on behalf of the company identified above (“Client”); (b) FLEETCOR may obtain Client’s credit report and check Client’s credit standing when processing this Application or periodically evaluating any resulting Account’s creditworthiness; (c) this Application is subject to approval and acceptance by FLEETCOR; (d) if the Application is approved by FLEETCOR in Louisiana, the resulting Account: (i) will be governed by Louisiana law; (ii) will not be a revolving credit account and the Amount Due/Total Amount Due shown on each Account Statement will be due and payable on the Due Date shown on the Statement; (iii) will be used solely for commercial purposes and not for personal or household purposes; (iv) will be suspended, and the Client’s redit history may be reported to credit reporting agencies, if the Client’s unpaid balance ever meets the Account’s Credit/Spend Limit; and (e) acceptance, signing (in whatever form), or use of any of the Cards issued to Client will constitute Client’s acceptance of the Client Agreement available at www.fleetcor.com/terms/7-Eleven-mc or www.fleetcor.com/terms/7-Eleven-dn Equal Credit Opportunity Act Notice. The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliancewith this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity Act, Washington, D.C. 20580.
FLEETCOR considers your privacy important. View our privacy policy available at www.fleetcor.com/privacy-policy to find out more. I agree to the Application Terms and the Client Agreement (Please check box) ☐
BUSINESS OWNER(S) / PERSON WITH SIGNIFICANT MANAGEMENT RESPONSIBILITY – Required.
To help fight financial crimes, the U.S. Department of Treasury require financial institutions to obtain, verify, and record information about beneficial owners of entities opening accounts. Beneficial owners are persons who, directly or indirectly, own 25% or more of the entity. We may use third-party resources to verify your identity. For questions about this regulation and how FLEETCOR uses and protects this data, please speak with your sales representative. Patriot Act Notice. Section 326 of the USA PATRIOT Act mandates that FLEETCOR verify and record certain information about you (the Client, Authorized Representative, or anyco-maker or guarantor) while processing this Application.
☐ Not Applicable, Sole Proprietor, Government Entity, Not-For Profit or Public Corporation
Beneficial Owner (Individuals who own 25% or more of a Legal Entity)* First Name*
Middle Initial
Street Address (No PO boxes)*
Last Name*
Social Security#*
City*
Does this person have significant responsibility for managing the legal entity listed above?
State*
☐Yes
ZIP*
Middle Initial
Street Address (No PO boxes)*
Market
Rep ID
☐Yes
☐No
Social Security#* State*
Rep Name
Cell Phone #
☐ Not Applicable, Sole Proprietor, Government Entity, or Public Corporation
Last Name* City*
Home Phone #
Does more than one person own 25% or more ofthis business? (please check box) If yes, additional information will be required.
☐No
Person with Significant Management Responsibility (CEO, CFO, President, Etc.)* First Name*
Date of Birth*
ZIP*
Date of Birth*
Home Phone #
Cell Phone #
**OFFICE USE ONLY** ATS Code (last 4 digits)
*Required field 1
Subject to credit review
The 7-Eleven Commercial Fleet Mastercard and the 7FLEET Diesel Network Mastercard® are issued by Regions Bank, pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. FLEETCOR considers your privacy important. We are committed to protecting the privacy of those who provide us with their contact and personal information. View our privacy policy available at www.fleetcor.com/en/privacy-policy to find out more. © 2023 FLEETCOR, P.O. Box 1239, Covington, LA, 70434