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Nov 15, 201204:25 PM

Cheat Sheet: November 15, 2012

Suffolk boy charged with bringing wooden knife to school

On Wednesday, a knife was found to be in the possession of an 11-year-old boy on the school bus. The boy didn’t threaten anyone on the bus and it is unclear how officials initially learned about the knife. The boy was taken off the bus at John Yeates Middle School, where Principal Dan O’Leary found the knife in the boy’s bookbag. The knife was a 10 ½ inch carved wooden knife with no metal blade. The boy was suspended and recommended for expulsion under the school system’s weapon policy. (Source)

Norfolk one step closer to giving Waterside Festival Marketplace a makeover

The Cordish Cos proposed spending $28 million to create Waterside Live, an entertainment-based venue that will feature restaurants, a venue for concerts and a market area on the downtown waterfront. According to the The Virginian Pilot, City Council reviewed a letter of intent on Tuesday. This letter outlines a revenue-sharing agreement for tax money generated at the waterfront attraction and encourages Cordish to reinvest there over time. It also includes a non-complete clause keeping the Baltimore-based company from building a similar facility in another Hampton Roads location. The Pilot stated that the city expects $93 million in tax revenue over 30 years from the deal. (Source)

Shoppers already lining up for Black Friday

Deal seekers have already set up camp in front of stores. Although Black Friday is more than an entire week away, these shoppers want to make sure that they don’t miss out on any deals. Alicia Gomez and Rhiannon Buckingham are already first in line in front of the Best Buy in El Cajon, California. Says Gomez, “You can’t get the door busters, its first come first serve.” Last year Black Friday saw record sales. The average shopper spent nearly $400, according to the National Retail Federation.

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