Nonprofits fight to save events
NonprofitsHearing wedding bells? Not if you’re on agricultural land in San Luis Obispo County. Some of the county’s economic sectors, such as the wedding industry and nonprofits, could receive a lethal blow as officials examine new legislation that would heavily regulate commercial events. The county is considering adopting an events ordinance that would nearly eliminate Read More →
Commercial vacancies on rise, but still below U.S. average
ColumnsIn its latest quarter report, Hayes Commercial Group said the overall vacancy rate now exceeds 5 percent in South County. That number stacks up favorably when compared to national rates, but is up 25 percent since the beginning of the year. The report showed that the number of lease transactions is up on an annualized Read More →
Budget squeezes recyclers
UncategorizedThe deep cuts that resolved California’s budget crisis have come to your recycling bin. On July 1, the state pulled back on processing fees that it pays to recyclers and stopped some incentive programs altogether. Recyclers say the move is eating into their revenue at a time when the prices they get for recycled materials Read More →
Pork flows to Tri-Counties
UncategorizedThe U.S. House of Representatives approved $700,000 for the Rice Avenue Interchange transportation project in Ventura County as part of the next fiscal year’s transportation, and housing and urban development appropriations bill passed July 23. The funding request was made by the city of Oxnard, the Ventura County Transportation Commission and the Oxnard Harbor District. Read More →
In memory of Lompoc Mayor Dick DeWees
OpinionThe news that Lompoc Mayor Dick DeWees had died came to me completely out of the blue. I literally picked the news out of the fax machine when Tom Pfeifer of U.S. Rep Elton Gallegly’s office sent out a message of condolence. I had no idea Dick was ill or had a medical condition that Read More →
BREAKING NEWS: Pacific Capital unveils three-year strategy following $362M loss
UncategorizedSanta Barbara-based Pacific Capital Bancorp released its second-quarter earnings on July 30, revealing a staggering net loss of $362.6 million and unveiling a three-year plan to improve the company’s capital position. The net loss, $7.77 per common share, compares to $5.9 million, or 13 cents per share, in the same period a year ago. The Read More →
Hertel debt at $100M, Fowler says
UncategorizedThe business empire controlled by developers Ron Hertel and Bob Fowler racked up $100 million in debts, acquiring five aircraft, a boat, a horse ranch and vineyards before it collapsed last year amid a mountain of real estate-related liabilities. At a hearing in the Santa Barbara office of the U.S. Trustee on July 24, Fowler Read More →
