SLO Airport plans cut in half
The San Luis Obispo County Board of Supervisors chopped its airport terminal project nearly in half at its Feb. 3 meeting. The terminal project will downsize from a multi-level 77,000-square-foot structure to 42,000 square feet. The San Luis Obispo County Regional Airport currently stands at 12,000 square feet. The board scrapped plans for a 1,100-spot Read More →
Oil lease denied
The California State Lands Commission denied Jan. 29 the first new oil lease in offshore waters in nearly 40 years. John Garamendi, former deputy interior Secretary under President Bill Clinton, argued that the plan would open more doors to offshore drilling and oil exploration on the West Coast. The lieutenant governor chairs the three-member State Read More →
Madoff meltdown hits tri-county investors
Several tri-county investors are listed on the just-revealed client list of Bernard Madoff, the man whose alleged Ponzi scheme may have bilked investors out of $50 billion. The list came in filings made in bankruptcy proceedings for Bernard L. Madoff Investment Securities LLC in U.S. Bankruptcy Court in New York. Most of the investors on Read More →
Camarillo prison hospital might get scrapped
Just as opposition to the proposed prison hospital in Camarillo was about to reach a boiling point, Federal Receiver J. Clark Kelso said he would slam on the brakes before the project can get off the ground. After an onslaught of criticism, Kelso said Feb. 3 he would modify his $8 billion prison hospital plans Read More →
Tax troubles set back developer
Unpaid taxes totaling nearly $300,000 are the latest problems piling up for Robert Fowler, the owner of a 100-acre tract near the Santa Margarita Ranch in San Luis Obispo County. California officials have issued a $293,757 tax lien against Fowler. Last fall, he received a default notice on the 100-acre parcel in Santa Margarita that Read More →
CalAmp pays down debt with $8M payout
CalAmp has taken big steps back toward profitability after announcing an $8.2 million cash infusion from a legal settlement and an 8 percent cut to its workforce as customers cut back on orders of communications gear. The Oxnard-based company makes dishes for DirecTV and EchoStar, two of the largest satellite television providers in the country. Read More →
Nipomo project in the dark
Maria Vista Estates – a 77-lot development in Nipomo that’s in Chapter 7 bankruptcy proceedings – has moved one step closer to settling a road-fee lawsuit with San Luis Obispo County for $100,000. The county has already signed the proposed settlement, which is waiting for bankruptcy court approval. But one of Maria Vista Estate’s largest Read More →
