Archive for January 25th, 2011

YahooFinance (AP): Home prices fall in major US cities

Home prices falling faster in major US cities; 8 hit lowest point since housing bust

Alex Veiga, AP Real Estate Writer, On Tuesday January 25, 2011, 12:39 pm

LOS ANGELES (AP) — Home prices are falling across most of America’s largest cities, and average prices in eight major markets have hit their lowest point since the housing bust.

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The PE: State to review 18 redevelopment agencies

11:00 PM PST on Monday, January 24, 2011

By DUANE W. GANG
The Press-Enterprise

State Controller John Chiang launched a review Monday of 18 redevelopment agencies, including Riverside County’s.

The audit is intended to gather facts and determine how well local redevelopment agencies comply with the law, Chiang’s office announced.

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Postmus

09:06 AM PST on Tuesday, January 25, 2011

By IMRAN GHORI
The Press-Enterprise

Former San Bernardino County assessor and supervisor Bill Postmus is asking the county to pay for his defense against criminal charges that he received bribes to approve a $102 million lawsuit settlement with a Rancho Cucamonga developer.

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The PE: YUCAIPA: Council fills slew of commission seats

10:00 PM PST on Monday, January 24, 2011

By ERIN WALDNER
The Press-Enterprise

The Yucaipa City Council made numerous appointments Monday night.

There were multiple vacancies on the Yucaipa Planning Commission, the Trails and Open Space Committee, the Mobilehome Rent Review Commission and the Parks and Recreation Commission.

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The PE: RIVERSIDE: Critics want more time to discuss agenda

10:00 PM PST on Monday, January 24, 2011

By ALICIA ROBINSON
The Press-Enterprise

When Riverside City Council members meet tonight, they will consider spending $220 million on plans including a new park and fire station and 20 years’ worth of affordable-housing projects — all on a nearly 20-item agenda that could be decided with one vote.

Those projects and promises are on the consent calendar, a block of matters that are “considered routine” and not discussed separately unless someone on the council or staff requests it, according to the agenda.

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10:00 PM PST on Monday, January 24, 2011

By ALICIA ROBINSON
The Press-Enterprise

Riverside officials are poised to commit $220 million over 20 years to redevelopment projects, joining cities around the state in flouting Gov. Jerry Brown’s plan to phase out redevelopment agencies to help balance the state budget.

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The Sun: Penman sees threat

Penman

SB city attorney blasts code-enforcement reform
Josh Dulaney, Staff Writer
Posted: 01/24/2011 05:49:05 PM PST

SAN BERNARDINO – The city attorney believes the City Council’s decision to look into revamping the code-enforcement process is an attempt to chip away at his authority.

And it could be costly – to the tune of $1 million a year, James F. Penman said.

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The Sun: Inland Regional Center responds to state probation

Ryan Hagen, Staff Writer
Posted: 01/24/2011 07:39:12 PM PST

SAN BERNARDINO – The head of the Inland Regional Center on Monday outlined steps to comply with its probation, saying she expected such restrictions after complaints of fiscal mismanagement, improper bidding and a hostile work environment.

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DailyBulletin: Republicans, Dems to sit side by side

Staff and Wire Reports
Created: 01/24/2011 04:28:16 PM PST

With calls for more civility in Congress and less partisanship after the shooting of Rep. Gabrielle Giffords, two Inland Valley lawmakers will join some of their peers in pledging to break with a tradition during President Barack Obama’s State of the Union address tonight.

Democrats and Republicans usually sit with fellow members of their parties during the annual speech in the House chamber.

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First quarter over quarter increase in four years
January 24, 2011 5:06 PM
Brooke Edwards

VICTORVILLE • Net sales tax revenue to the city was up more than 5 percent for the third quarter, officials said Monday — the first time Victorville has posted a quarter-over-quarter increase in four years.

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SacBee: Dan Walters: Bankruptcy for states a bad move

By Dan Walters
dwalters@sacbee.com The Sacramento Bee
Published: Tuesday, Jan. 25, 2011 – 12:00 am | Page 3A

Should California declare bankruptcy?

In virtually every discussion of the state’s fiscal crisis, the b-word pops up sooner or later – even though federal law doesn’t allow states to wipe out their debts through bankruptcy.

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