Archive for January 20th, 2012

VVDailyPress: SCLA bonds fall further into ‘junk’ status

January 19, 2012 12:43 PM
Brooke Edwards Staggs, City Editor

VICTORVILLE • A recent default on debt payments triggered one of the top credit rating agencies to downgrade $51 million in Southern California Logistics Airport Authority bonds another two notches, with Moody’s Investor Services predicting the airport won’t catch up on debt payments until 2029.

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LA/Ontario International Airport has has suffered a 32 percent decline in airline passengers since 2007. The airport had once been projected to server 30 million passengers by 2030. (Bulletin file photo)

Liset Márquez, Inland Valley Daily Bulletin
Created: 01/19/2012 09:15:13 AM PST

ONTARIO – The battle has begun in earnest.

Officials on both sides of the LA/Ontario International Airport dispute this week lashed out at each other for information they say is misleading and a misrepresentation.

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U.S. Senator Barbara Boxer

BY DUG BEGLEY
STAFF WRITER
dbegley@pe.com

Published: 18 January 2012 06:35 PM

Riverside’s Magnolia Avenue underpass served as the backdrop Wednesday for a push by Sen. Barbara Boxer to encourage more federal investment in local projects that create jobs, ease traffic and get trucks and trains to their destinations quicker.

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BY ALICIA ROBINSON
STAFF WRITER
arobinson@pe.com

Published: 19 January 2012 08:06 PM

With a speech that noted his 32 years in public office and was book-ended by standing ovations, Riverside Mayor Ron Loveridge laid out policy goals for his final months in office on Thursday.

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The Sun: Dutton eyes Congress bid

Bob Dutton, left. Gary Miller, right.

Neil Nisperos, Staff Writer
Posted: 01/19/2012 11:19:19 AM PST

The race for the 31st District got more interesting this week with state Sen. Bob Dutton officially tossing his hat in the ring.

Dutton, R-Rancho Cucamonga, will face a field of contenders that includes Rep. Gary Miller, R-Diamond Bar; Renea Wickman, the cofounder of a nonprofit aimed at helping juvenile offenders readjust to society; Justin Kim, an attorney from Loma Linda; and Redlands Mayor Pete Aguilar.

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DailyBulletin: CVB Financial reports record profits

Bank company rakes in $81.7M
Andrew Edwards, Staff Writer
Posted: 01/19/2012 09:00:39 PM PST

ONTARIO – CVB Financial, parent company of Citizens Business Bank, earned its largest ever reported profit in 2011 – $81.7 million.

The amount signifies an increase from the $62.9 million profit earned in 2010.

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By Sandra Emerson, Staff Writer
Created: 01/19/2012 03:50:38 PM PST

RANCHO CUCAMONGA – G3 Holistic in Upland will be able to remain open.

A West Valley Superior Court judge ruled in favor of the medical marijuana cooperative because the case is under review by the California Supreme Court.

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Canan Tasci, Staff Writer
Created: 01/19/2012 02:19:53 PM PST

CHINO HILLS – It was a celebration of his life rather than mourning for the late Sen. Ruben Ayala during his memorial service on Thursday.

More than 150 gathered in the multi-purpose room of Ruben S. Ayaya High School listening to multiple speakers describe Ayala as an “American first and Democrat second,” someone who lead by example, a citizen’s politician, a man of many accomplishments and “a giant among giants.”

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By David Siders
dsiders@sacbee.com
Published: Friday, Jan. 20, 2012 – 12:00 am | Page 1A
Last Modified: Friday, Jan. 20, 2012 – 12:13 am

SAN DIEGO – Gov. Jerry Brown, campaigning for higher taxes and infrastructure spending in the state’s more conservative reaches Thursday, claimed widespread business support for his tax plan and suggested dire consequences should it fail.

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PolitiCal
On politics in the Golden State
January 19, 2012 | 3:28 pm

Now that Gov. Jerry Brown has unveiled his budget proposal, it’s time for lawmakers to pull out their red pens.

The Senate Budget Committee held its first hearing Thursday, and its Assembly counterpart will do the same Tuesday. Until the governor releases an updated proposal in May, lawmakers will be poking and prodding his budget plan – and spinning it for political purposes.

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