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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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Santa Barbara tourist hostel sells as developers eye lower State St.

By   /  Friday, October 25th, 2013  /  Columns, Real Estate, South Coast, Tourism  /  Comments Off on Santa Barbara tourist hostel sells as developers eye lower State St.

“We were drawn [to the property] by the proximity to the Amtrak station and lower State Street, but really the hostel is in its own class for budget-savvy kinds of travelers and international students,” said Jared Filippone, a vice president with Capitoline Properties, which recently purchased the hostel.

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Gills Onions looks to biogas for future revenue

By   /  Thursday, October 24th, 2013  /  Green Coast, Latest news  /  Comments Off on Gills Onions looks to biogas for future revenue

Steve Gill, president and co-founder of Gills Onions in Oxnard, said at an energy sustainability seminar in Westlake Village Oct. 23 that the next big technology push for his company will be to convert solid onion waste into methane gas to be sold as biomethane. That is a product that will be in demand as Read More →

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Paso looks to future after long-delayed step toward 11 AVAs

By   /  Friday, October 18th, 2013  /  Central Coast, Columns, Tri-County Economy, Wine & Viticulture  /  Comments Off on Paso looks to future after long-delayed step toward 11 AVAs

The TTB designates viticultural areas to help vintners better describe the origin of their wines and to inform consumers about wines they might purchase.

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Massive retail and apartment project in Goleta is under way

By   /  Friday, October 18th, 2013  /  Columns, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Massive retail and apartment project in Goleta is under way

Developer Westar Associates has broken ground on Hollister Village, a mixed-use project in Goleta that will include 266 apartments and a shopping center.

After years in the planning process that included fierce opposition from some neighborhood activists, Costa Mesa-based Westar secured approvals for the project at Hollister Avenue and Glen Annie Road in October 2012.

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Retired Ventura County sheriff sues for supplemental pension

By   /  Friday, October 18th, 2013  /  East Ventura County, Law, Top Stories, Tri-County Economy, West Ventura County  /  5 Comments

Former Ventura County Sheriff Bob Brooks, whose $283,000 pension is among the largest of any retired government employee in California, is suing the county for a supplemental benefit that would pay him another $75,000 a year.

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