Dubroff: Merger writes next chapter for Central Coast banking
The $405 million sale of Heritage Oaks Bancorp to Pacific Premier Bancorp caught many experts by surprise. It is a transformative deal for the Irvine-based buyer, which will grow from $3.8 billion to $6 billion in assets when it closes next year. Pacific Premier will extend its franchise, leapfrogging past Los Angeles and heading deep Read More →
Chumash bill to annex land stalls, to be reintroduced
The federal legislation that would’ve expanded the Santa Ynez Band of Chumash Indians’ reservation did not move through Congress, but the tribe plans to submit a similar bill in the next session. The tribe aims to build 143 houses for its tribal members on 1,390 acres in Santa Ynez known as Camp 4. Yet, Congress Read More →
Foundation opens Santa Maria headquarters
The Santa Barbara Foundation took a big step in expanding its footprint in North Santa Barbara County on Nov. 30 with the opening of a regional headquarters in Santa Maria. The 2,600-square-foot facility at 2625 S. Miller St. will be staffed with full time community outreach members and an office manager. Foundation President Ron Gallo Read More →
PG&E reaches settlement over Diablo Canyon closure
The Pacific Gas and Electric Company agreed to pay between $122.5 million to $147.5 million to seven San Luis Obispo County cities, the county and the school district to offset some of the negative impacts from the eventual closure of the Diablo Canyon Power Plant. PG&E announced plans in June to close its power plant Read More →
SLO County supervisors OK workforce housing pilot program
The San Luis Obispo County Board of Supervisors approved a pilot program that aims to incentivize the development of more workforce housing. The program, which got a 3-2 nod at a Nov. 22 meeting, eases design guidelines and streamlines the review process. It reduces the requirement for developers to provide low-income housing or pay in-lieu Read More →
Cambria Winery empowers women through grants
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Central Coast entrepreneurs high on marijuana
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