BROOMFIELD - Michael R. Bristow will reprise his role as president and chief executive of ARCA biopharma Inc. replacing Richard B. Brewer who will become chairman of the board for the Broomfield-based firm.

Bristow was president and CEO of ARCA biopharma prior to Brewer joining the company, and he became chairman of the board during Brewer's tenure as CEO. Bristow will resign as chairman but remain on the board of directors, and Brewer will serve as chairman of the board.

ARCA biopharma (Nasdaq GM:ABIO) develops genetically targeted therapies for heart failure and other cardiovascular diseases.

"Today ARCA must balance its cash resources with the continued prosecution of the Gencaro new drug application," Brewer said. "These changes in management focus are intended to allow exactly that to happen, while advancing the strategic interests of the stockholders."

Gencaro (bucindolol hydrochloride), is a beta-blocker and mild vasodilator being developed for heart failure and other indications. ARCA has identified common genetic variations that it believes predict individual patient response to Gencaro, giving it the potential to be the first genetically targeted heart failure treatment.

The new drug application for Gencaro was filed in September 2008, and on May 29 ARCA was notified by the FDA that the review process had been completed. ARCA is collaborating with Laboratory Corporation of America to develop the companion genetic test for Gencaro.

BOULDER - The public is invited to a historic Sesquicentennial Stroll on July 4, celebrating Boulder's 150-year birthday.

The Stroll begins at Chautauqua and continues through the city, visiting many of Boulder's historic landmarks. Maps will be available at all Stroll stops.

Ride Boulder's free July 4th HOP buses to Chautauqua or other Stroll stops. Park at the Twenty Ninth Street retail district or downtown Boulder (free holiday parking) and catch the HOP, with special Chautauqua route between 9 a.m. and 3 p.m.

Sesquicentennial Stroll schedule:

11 a.m.-12:15 p.m. Chautauqua welcome ceremony. Special musical to celebrate the history of arts past and present in Boulder.

12:15-1:30 p.m. Colorado Music Festival Brass Band will perform under tent on the Green, barbecue available from Chautauqua Dining Hall. Zero-waste event, with Eco-Cycle assisting.

1:30-4:30 p.m. Stroll to these sites:

Columbia Cemetery, "Stroll with the Spirits."

Boulder History Museum serves "Happy Birthday Boulder" cake and hosts opening of "Only in Boulder" exhibit.

CU Heritage Center presents "Boulder and CU Through the Years."

2-5:30 p.m. Bluegrass Concert at Central Park Band Shell with Boulder Acoustic Society and Blue Canyon Boys.

2:30-3:30 p.m. Children's July 4th Bike Parade along 13th Street organized by Parenting Place.

2-5:30 p.m.  Celebrate ties with Boulder's Sister City communities at Municipal Building Plaza.

8-10 p.m. Ralphie's Independence Day Blast at Folsom Field featuring a Boulder 150 birthday party.

For information and map of Boulder's Sesquicentennial Stroll, go to www.boulder150.com.

 BOULDER - Tandem Partners LLC, a new Boulder-based advertising agency is open and ready for business.

Tandem Partners, founded by John Sisenwein, formed June 24 and has its first client - The Joint Franchise Company LLC, which has 13 chiropractic offices throughout the country including one in Boulder.

Sisenwein, who is working with his wife and four other contract-based employees, has design experience in print, TV, direct mail, e-mail and more. His wife and other employees round out the company with experience in traditional media, social media, Web development and more.

The company operates out of Sisenwein's home, 903 Cyprus Drive in Boulder, and can be found online at www.tandemptnrs.com.

WASHINGTON - The U.S. Small Business Administration said it would help small business dealerships more easily obtain financing to increase cash flow.

Beginning July 2, auto, RV and other dealerships can obtain financing through SBA's 7(a) program for inventory that can be titled, such as autos, RVs, manufactured homes, boats and trailers. As each piece of collateral is sold by the dealer, the loan advance against that piece of collateral is repaid. As the loan is repaid, the dealer can borrow against the line of credit to add new inventory.

The Dealer Floor Plan, or DFP, loans are available for a minimum of $500,000 up to the $2 million allowable under the 7(a) program, with a maximum repayment term of five years. Borrowers also benefit from the temporary elimination of fees on 7(a) loans made possible by the American Recovery and Reinvestment Act of 2009.

The loan guarantees will be from 60 percent to 75 percent, depending on the type of collateral and the lenders advance rate against the wholesale price of the inventory.  Lenders may advance up to 100 percent of the wholesale price.

 
"In recent months, we've seen a dramatic decrease in the availability of credit for financing dealership inventories," said SBA Administrator Karen G. Mills. "We want to be a partner for these small businesses and help ensure they have the resources they need to help keep their businesses open, save jobs and survive these tough economic times."
 
The DFP pilot program will run through Sept. 30, 2010, after which the SBA will determine whether to extend it further.

Borrowers interested in obtaining a DFP loan should contact their lender or their nearest SBA field office to get a list of SBA-approved lenders in their area who may be participating in the program.

Local district offices and contact information can be obtained at the SBA Web site at http://www.sba.gov/localresources/index.html.

Fourth of July firework displays in Boulder Valley:
* Erie - Colorado National Golf Club, 2700 Vista Parkway - after dark, July 3.
* Boulder - University of Colorado, Folsom Field - 9:30 p.m., July 4.
* Broomfield - Broomfield County Commons Park, 13201 Lowell Blvd. - 9:15 p.m., July 4.
* Longmont - Boulder County Fairgrounds, 9595 Nelson Road - 9:30 p.m., July 4.
* Louisville - Coal Creek Golf Course, 585 W. Dillon Road - 9:15 p.m., July 4.
* Nederland - Barker Reservoir - after dark, July 4.

Boulder County will hold an informational workshop to discuss county's zero-waste guidelines for catering at 3 p.m., Monday, July 6, in the Commissioners' Hearing Room, third floor, 1325 Pearl St., Boulder. The county is seeking to qualify caterers interested in providing zero-waste catering services. Applicants are encouraged to attend the informational meeting and applications are due in the Boulder County purchasing office for time and date stamping by 2 p.m., Tuesday, July 17.

BOULDER - The Peloton, a 381-unit luxury condominium project at Arapahoe Avenue and 33rd Street in Boulder, has hired a new company to help its marketing efforts.

Peloton owner CityView will bring in Montage Development Inc. to help it and developer Bancroft Capital with the project, said Chuck Dragicevich, executive vice president and managing partner with CityView. All three companies are based in California.

"In the coming weeks, the team will launch a new outreach campaign and direction, which will build on our success at the Peloton," Dragicevich said. "They will use more new media for more targeted advertising."

Montage will work with CityView and Bancroft's existing sales team.

Montage describes itself as a home builder on its Web site, but Dragicevich said the company will only handle sales and marketing for The Peloton.

The Peloton is about three-fourths of the way built out. It has 190 of 380 units finished and for sale, a completed community building and 190 remaining units with only the exterior complete. Dragicevich said the new marketing team will focus on selling the finished units before moving on to the others. In the future, the unfinished units could include the possibility of offering customizable homes, officials said.

Construction on the $150 million project began in 2006 and the first phase of units was completed in 2008. According to Boulder County public sales records, about 100 units have been sold. Prices for the one- to three-bedroom residences range from $289,000 to $849,000, with a 3,260-square-foot penthouse for sale at $2.2 million. There is about 11,000 square feet of commercial space at The Peloton, with about 4,000 square feet leased.