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Special comment: Ventura County’s energy landscape

By   /  Friday, October 25th, 2013  /  East Ventura County, Latest news, Opinion, Tri-County Economy, West Ventura County  /  Comments Off on Special comment: Ventura County’s energy landscape

Henry Dubroff

Ventura County has an diverse array of energy assets, but the rules are going to have to change if innovation is going to flourish in the region.

That was my takeaway after moderating two panels on the future of energy at the Ventura County Economic Development Association’s annual business outlook conference on Oct. 25.

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Heritage buy sets stage to compete in big leagues

By   /  Friday, October 25th, 2013  /  Banking & Finance, Banking Industry, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Heritage buy sets stage to compete in big leagues

With its $56.4 million purchase of another Central Coast bank, Heritage Oaks Bancorp lays the foundation to build the region’s next big community banking franchise and emerges as the dominant player in the market.

Paso Robles-based Heritage Oaks said Oct. 21 that it is buying Mission Community Bank, based in San Luis Obispo, in a cash-and-stock deal expected to close in the first quarter of 2014. The combined bank would have $1.5 billion in assets, making it the largest bank based in the Tri-Counties.

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Water woes: Publishing of nitrate data at issue

By   /  Friday, October 25th, 2013  /  Agribusiness, Central Coast, Features, Tri-County Economy  /  Comments Off on Water woes: Publishing of nitrate data at issue

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Ratings agencies unfazed as county pension costs rise

By   /  Friday, October 25th, 2013  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ratings agencies unfazed as county pension costs rise

Despite dire warnings that future pension costs could cause a fiscal meltdown for tri-county governments, credit ratings for Santa Barbara, Ventura and San Luis Obispo county bonds remain mostly unaffected by looming gaps in their retirement obligation funding.

Standard & Poor’s, a leading rating agency, ranks all three counties near the top of a scale that spans from its highest AAA to C, the lowest rating a bond can have without defaulting. Santa Barbara County carries the agency’s second highest AA-plus designation. Ventura County is assigned a slightly lower AA-rating this year and SLO County is ranked AA-minus.

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Pumpkin patches are gourd mines: Specialty growers cash in on seasonal squash

By   /  Friday, October 25th, 2013  /  Agribusiness, Features, Small Business  /  Comments Off on Pumpkin patches are gourd mines: Specialty growers cash in on seasonal squash

The Golden State is No. 2 in the nation for pumpkins and last year produced about 93,500 tons of the crop on roughly 505,000 acres. Much of the crop is earmarked for commercial purposes and shipped out of state, but the growth of community-based pumpkin patches has accelerated over the past decade, according to California Farm Bureau Federation spokesperson Dave Kranz.

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Editorial: Retired sheriff should consider public perception

By   /  Friday, October 25th, 2013  /  Editorials, Opinion  /  Comments Off on Editorial: Retired sheriff should consider public perception

He will have a lot more success settling with the county or dropping his complaint.

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Investing in Main Street: Hutton Parker Foundation chief details real estate strategy

By   /  Friday, October 25th, 2013  /  Nonprofits, Op/Eds, Opinion  /  Comments Off on Investing in Main Street: Hutton Parker Foundation chief details real estate strategy

When it comes to commercial real estate and investing in commercial property, Tom Parker is just about the smartest guy in any room, anywhere.