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Editorial: Don't threaten eminent domain lightly

By   /  Monday, August 9th, 2010  /  Opinion  /  Comments Off on Editorial: Don't threaten eminent domain lightly

Last week’s editorial encouraged the Pacific Oaks Credit Union and the owner of troubled Carriage Square, a retail property in Oxnard, to work out their differences and avoid an eminent domain action by the city. We’re pleased to see that the parties took our advice — and obviously similar advice given by civic leaders. The Read More →

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Editorial: A few easy steps to fix pension mess

By   /  Monday, August 9th, 2010  /  Opinion  /  Comments Off on Editorial: A few easy steps to fix pension mess

As the region, along with the rest of the state, confronts a massive problem in funding public-sector pensions, the abuses in the city of Bell should sound a clarion call to make real reforms in a corrupt system. The Ventura County Taxpayers Association reports that in the city of Ventura alone, some $3.1 million a Read More →

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Pressure on at Los Padres Bank

By   /  Monday, August 9th, 2010  /  Top Stories  /  Comments Off on Pressure on at Los Padres Bank

Capital is king — that’s the new mantra for community banks the country over. In the Tri-Counties, Solvang-based Los Padres Bank is on the brink of a possible takeover, as regulators placed it under a new order telling it to shore up its capital levels, be merged or acquired, or potentially face regulatory seizure. Other Read More →

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Drink up the sun: Solar financing flows for wineries

By   /  Monday, August 9th, 2010  /  Top Stories  /  Comments Off on Drink up the sun: Solar financing flows for wineries

When Jim Efird walks between the grapevines on his Edna Valley vineyard, watching them soak up the California sun, he’s also watching the meter on his electric bill run backward. Efird is one of a handful of tri-county viticulturists who have turned to solar photovoltaic systems to power their businesses. His Tolosa Winery in San Read More →

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Caputo tops the list of winners at construction industry awards

By   /  Monday, August 9th, 2010  /  Columns  /  Comments Off on Caputo tops the list of winners at construction industry awards

Caputo Construction took home the top trophy at the Santa Barbara Contractors Association’s 2010 Builder of the Year Awards, presented at a July 30 dinner at Fess Parker’s DoubleTree Resort. The Subcontractor of the Year award went to Construction Plumbing and the Member’s Choice Award to D.D. Ford Construction. Hayward Lumber Co. won the Industry Read More →

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After Baker, Cal Poly may need a rethink

By   /  Monday, August 9th, 2010  /  Columns  /  Comments Off on After Baker, Cal Poly may need a rethink

With a world-class reputation for its undergraduate programs and master’s degrees, $1 billion in campus improvements and a reputation for bringing an international flavor to higher education, Cal Poly San Luis Obispo should be riding high. But for the third time during the past two years, it’s friction between recently retired Cal Poly President Warren Read More →

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Universities haul in grants, but cash still tight

By   /  Monday, August 9th, 2010  /  Uncategorized  /  Comments Off on Universities haul in grants, but cash still tight

With its state funding level still up in the air, UC Santa Barbara broke its records for external research funding by bringing in $222 million this year, nearly double the outside funding it brought in a decade ago. But as much as that money helps, it often goes to specific programs. With the state budget Read More →