bonds
Howie's Top 20 favorite Christmas movies
Submitted by paula on Mon, 12/21/2020 - 10:14amChristmas started early for this guy once the pandemic hit. I put my Christmas lights up over the 4th of July and for a short while started watching Christmas movies too to try and get that feel-good feeling happening. Okay, I also did it because I wanted to watch movies where no one was wearing a mask and hugging one another without fear of being exposed. I’ve always enjoyed movies for their pure escapism and who doesn’t want to escape what we’ve been through already ya know? I also like being wrapped around a movie completely.
LTCC awarded Blue Ribbon Tallac Achievement Award for Mobility Hub project
Submitted by paula on Fri, 11/20/2020 - 11:31amSOUTH LAKE TAHOE, Calif. - Lake Tahoe Community College (LTCC) and its new Mobility Hub won the Tallac Achievement Award during the 13th annual Blue Ribbon Awards Thursday evening.
The award is given to an exemplary infrastructure project that revitalizes and enhances the economy and community of Tahoe’s South Shore.
Lake Tahoe Unified School District saves taxpayers $3.3M by refinancing bonds
Submitted by paula on Wed, 09/16/2020 - 10:38amSOUTH LAKE TAHOE, Calif. - The Lake Tahoe Unified School District (LTUSD) was able to refinance $15.15 million in general obligation bonds in September, saving property owners in the district $3,335,698 in property taxes.
With low interest rates brought about by the pandemic and economic uncertainty, LTUSD refinanced two series of their Election of 2008 General Obligation Bonds.
“With interest rates near historic lows, we wanted to take this opportunity to save our community money, particularly in light of the downturn in the economy,” said LTUSD Superintendent Dr. Todd Cutler.
Events Center approved by Douglas County Commissioners
Submitted by paula on Thu, 04/16/2020 - 9:44pmSTATELINE, Nev. - In what has been a hotly debated topic for months between the five Douglas County Board of Commissioners and members of the public, the Tahoe South Events Center passed the final hurdle Thursday. In a 3-2 vote, the commissioners approved bond issuance, the final step in the approval process. The Tahoe Regional Planning Agency (TRPA) had previously unanimously approved it.
Letter: Lake Tahoe Event Center- Your support needed
Submitted by paula on Thu, 04/09/2020 - 10:06amWith coronavirus impacts being our community's major priority, we hope you're staying safe and encourage everyone to stay at home and follow directions from health organizations so we can return to our jobs, schools, and normal lives safely, and as soon as possible. While health wellbeing is the leading concern, the reality of long-term economic impacts from this terrible virus makes the need to plan for a secure future a priority now more than ever.
Pints for a Cause fundraiser to benefit Leadership Lake Tahoe mural
Submitted by paula on Wed, 03/04/2020 - 1:00amEvent Date:
April 10, 2020 - 6:00pm
Leadership Lake Tahoe 2020 has rescheduled the Pints for a Cause! fundraising event supporting the Art on the Edge community art project from tomorrow to Friday, April 10 from 6PM -9PM at South Lake Brewery Co.
SOUTH LAKE TAHOE, Calif. - The community is invited to support the Leadership Lake Tahoe Class of 2020 at the Pints for a Cause Fundraiser on March 13 from 6:00 p.m. to 9:00 p.m. at South Lake Brewing Company. Leadership participants will be pouring beers at South Lake Brewing Company to raise money and awareness for their collective class project.
El Dorado County Election Results
Submitted by paula on Tue, 03/03/2020 - 9:31pmSOUTH LAKE TAHOE, Calif. - New figures have been released by the El Dorado County Elections Department.
As of 11:38 p.m. Tuesday, all 198 of the precincts have been counted with 52,093 ballots of the 124,979 registered voters, or 41.68 percent.
Measures affecting the County portions of the South Shore, Measure B and Measure M are not meeting the required 2/3 vote to pass at this time.
The results as of 11:38 p.m. Tuesday:
Measure B, the Lake Valley Fire Protection District tax - 2/3 vote needed to pass
There are 5,917 registered voters
Yes - 1,203 - 58.60%
Column: Tahoe Regional Planning Agency celebrates 50 Years
Submitted by paula on Thu, 12/19/2019 - 6:50pmThe year was 1969. And what a year it was. On July 20, 1969—the Viet Nam War was raging—American Neil Armstrong became the first person to set foot on the surface of the moon. For much of the decade, America and indeed the world had been mesmerized by the space race.
LTUSD takes advantage of bond market and saves taxpayers $6M over next 10 years
Submitted by paula on Thu, 08/15/2019 - 3:39pmSOUTH LAKE TAHOE, Calif. - A move on Wednesday as interest rates in the bond markets dropped saved South Lake Tahoe taxpayers over $6 million over the next ten years. Lake Tahoe Unified School District (LTUSD) refinanced some of its general obligation bonds to take advantage of low-interest rates in the municipal market and lock in savings for taxpayers.
LTUSD refinanced approximately $24 million of outstanding bonds and the financing will close on August 28, 2019.
LTUSD recognizes staff on California Bus Driver Appreciation Day
Submitted by paula on Thu, 04/25/2019 - 10:37pmBus drivers in Lake Tahoe Unified School District (LTUSD) were honored today during a celebration of California Bus Driver Appreciation Day.
The special day was created by the state legislature in 2009 “in order to draw special public attention to school bus drivers for their continued and excellent services to pupils in California.” After being created in the state, it has now spread to a nationally observed day on the fourth Tuesday of the month of April.
Black Ice Theatre Co. presents “Harbor” in South Lake Tahoe
Submitted by paula on Mon, 02/18/2019 - 6:40pmEvent Date:
Repeats every day until Sun Mar 17 2019 .
March 14, 2019 (All day)
March 15, 2019 (All day)
March 16, 2019 (All day)
March 17, 2019 (All day)
SOUTH LAKE TAHOE, Calif. - The Black Ice Theater Co. presents "Harbor" at CoWork Tahoe March 14 - 17, 21 - 23 at 7:30 p.m. and on March 24 at 2:30 p.m.
South Lake Tahoe Money News: Investing for income; Why all income is not equal
Submitted by paula on Mon, 10/22/2018 - 11:33amToday we are faced with broad challenges in our investing climate. Rising interest rates and high stock valuations can create unforeseen challenges.
Did you know that all investment income is not equal, at least in the eyes of the IRS? Let us start with some of the basics before we digress into more complicated subject matter.
Meet the Candidate: Hal Cole says his experience and calm leadership will guide City
Submitted by paula on Sat, 10/06/2018 - 9:31amSOUTH LAKE TAHOE, Calif. - Each of the nine candidates for City Council answered the same ten questions that were given to them by South Tahoe Now. For nine consecutive days the candidate's responses will be shared in the order received.
Today, Hal Cole gives his responses as he attempts to return to the South Lake Tahoe City Council:
Lake Baron to be stocked with trout for 16th annual Fishing Derby
Submitted by paula on Thu, 09/13/2018 - 12:40pmHundreds of pounds of trout will be stocked in Lake Baron for the 16th annual Kids' Fishing Derby hosted by the Moose Lodge of South Lake Tahoe on Sunday, September 16.
Registration begins at 8:00 a.m. near the main entrance of the lake inside Tahoe Paradise Park. Hot dogs, chips, sodas and water are provided free to all registered
children. The event wraps up at 2:00 p.m.
For the event, the Lodge will be planting the Lake with hundreds of pounds of catchable trout ranging from one to five pounds.
Fishing poles, tackle, and bait are provided or kids can bring their own.
Trevor Hoffman joins elite field in Hall of Fame and at American Century Championship
Submitted by paula on Fri, 06/08/2018 - 9:17amLAKE TAHOE, Nev. - Trevor Hoffman, the long time relief pitcher for the San Diego Padres and newly elected Hall of Famer, stopped by the South Shore Tuesday to promote the 29th American Century Championship (ACC) at Edgewood Tahoe July 10-15.
"The course is amazing," said Hoffman. "I can't believe its [the tournament] only a month away!"
Hoffman, who has more strike-outs than any other reliever in history (1,133) and a lifetime ERA of 2.87, attended a luncheon at Edgewood Tahoe with members of the media to discuss the upcoming celebrity packed tournament, baseball and golf.
California Primary on Tues., June 5
Submitted by paula on Sun, 06/03/2018 - 11:07pmThe California primary is on Tuesday, June 5, and a lot of decisions are facing voters in South Lake Tahoe both at the county and district level, as well as at the state level.
California changed their primary system ten years ago for the top offices and now it is the two candidates with the most votes on Tuesday that will head to the November elections, no matter which party they belong to. Prior to this system it would be the top democrat and top republican that would face off.
LTCC raises their bond grade to AA
Submitted by paula on Wed, 02/14/2018 - 11:15pmAfter receiving high marks for a second time from both Standard & Poor’s (S&P) Financial Services and Moody’s Investor Service in their bond ratings reports, Lake Tahoe Community College (LTCC) is ready to issue its second set of bonds for sale with the Measure F general obligation bond.
Abelow earns Certified Financial Planning certificate
Submitted by paula on Tue, 01/30/2018 - 4:29pmNicholas "Nic" Abelow an independent financial advisor at Abelow, Pratt & Associates in South Lake Tahoe, California, has obtained the CERTIFIED FINANCIAL PLANNER™ certification. This is a mark in the financial services industry awarded to financial advisors who have met certain standards for experience, knowledge and ethical conduct in financial planning.
“I am honored to have earned the CFP® certification,” said Nic “It further demonstrates my dedication and commitment to my clients to provide them with objective financial advice to help them work toward their financial goals.”
Final step on $68 million public safety center approved for El Dorado County
Submitted by paula on Fri, 11/17/2017 - 12:23amIn the works since 2014, the last hurdle for the new El Dorado County Public Safety Project was approved on Tuesday at the Board of Supervisor's meeting when they unanimously approved a $49 million contract to design and build a new public safety facility. Clark/Sullivan Construction and Broward Builders were awarded the contract to design and build the facility.
South Lake Tahoe affordable housing complex receiving upgrades
Submitted by Anonymous on Fri, 09/29/2017 - 2:46pmThe residents of a local affordable housing complex are looking forward to a facelift of the place they call home. The Sierra Garden Apartments, located at 1801 Lake Tahoe Boulevard in South Lake Tahoe, are set to receive a $15 million renovation funded through Low-Income Housing Tax Credits and tax-exempt bonds.
Four finalists announced for Lake Tahoe Community College President job
Submitted by paula on Wed, 11/09/2016 - 11:38amEvent Date:
November 17, 2016 - 9:00am
The four finalists for the position of Lake Tahoe Community College's Superintendent/President have been announced, and the public will have the opportunity to meet them in a forum on November 17 in the school's Aspen Board room at 9:00 a.m.
City celebrates passage of Measure P in Tuesday's election
Submitted by paula on Wed, 11/09/2016 - 11:15amMeasure P, the two percent raise in transient occupancy tax for lodging properties in the City limits, has passed by a fairly large margin. With 100 percent of the precincts counted, a "yes" vote of 3,214 to 1,537 has passed by a 35.30 percent difference in the unofficial results.
The measure will use the funds raised by the extra tax to support recreational improvements in the City. A new recreation center, competitive pool and ball courts are in the plans.
Get out and vote - Election Day 2016
Submitted by paula on Tue, 11/08/2016 - 9:38amMany are ready for this election to be over the national level with the negativity surrounding the campaigns. On a local level there are several choices before voters.
If you have not already submitted your ballots, find your polling place here:
If you live in the South Lake Tahoe City limits, you are able to vote for two of ten candidates for City Council (in alphabetical order):
Brooke Laine
Dan McLaughlin
Jason Collin
JoAnn Conner
LTCC Board endorses Prop 51 School Facility Bond measure
Submitted by paula on Tue, 10/04/2016 - 6:09pmThe Board of Trustees at Lake Tahoe Community College has fully thrown its support behind a $9 billion bond measure on the November 8 ballot, called Proposition 51: Public School Facility Bonds, which would provide funds for public school construction and repairs in California.
Motel and surrounding property could be demolished to make way for new project
Submitted by paula on Tue, 02/16/2016 - 10:58pmThe Knights Inn could be purchased by the City of South Lake Tahoe for $6 million should a grant be awarded them by the California Tahoe Conservancy. If that happens, the City would purchase, and then demolish, the motel located on Highway 50 near Ski Run Boulevard to make way for a new environmental and retail project.
There is grant money available through the CTC which the City will apply for. The funds come from the state's Proposition 1 Water Bond which was approved by voters in 2014 to authorize $7.545 billion in general obligation bonds for water projects.
First $19 million from Measure F being spent at Lake Tahoe Community College
Submitted by paula on Thu, 02/04/2016 - 10:20pmSouth Lake Tahoe, CA— With the support of South Lake Tahoe’s voters, Lake Tahoe Community College successfully passed a $55 million bond measure in November 2014. Called Measure F, the bond will make it possible for the college to upgrade and modernize its technology, make necessary repairs to aging facilities and systems, and improve educational programs and students’ learning environment. The first set of bonds was sold¬ in July 2015 for $19 million, or 35% of the $55 million voters approved.
Al Tahoe Elementary could reopen if California bond measure passes
Submitted by paula on Wed, 01/27/2016 - 6:10pmClosed due to declining enrollment since June of 2004, Al Tahoe Elementary School could reopen if a $9 billion bond measure passes in California this November. There is now an increase in enrollment in grades K-5 in the Lake Tahoe Unified School District, with an average grade size of 300, compared to an average of 274 students in grades 6-12. Its because of a growing lower grade population and a movement towards children starting school at the age of 3 that Al Tahoe would be used to house the younger students.
City to assist Barton Health with their $20 million bond sale
Submitted by paula on Tue, 10/20/2015 - 8:05pmAs they've done on six previous occasions, the City of South Lake Tahoe and Barton Healthcare System (Barton) will be teaming up again in order for the hospital to issue $20 million in bonds.
There is no risk to the City. They are simply acting as the conduit so Barton can issue tax-free bonds, reducing their interest charges by 1.5% to 2%.
Federal tax law requires any proposed financing of a facility to be approved by a governmental agency having jurisdiction over the area it is located.
How the selling of LTCC bonds show what the nation thinks of Lake Tahoe
Submitted by paula on Fri, 08/14/2015 - 8:57pmAfter the passing of the $55 million Lake Tahoe Community College General Bond, known as Measure F in November, the next step was to sell the bonds.
On August 6, 2015, $19 million of Series A bonds were sold at a much better rate than anyone expected. When the market opened at 7 a.m. PST, investors were ready to jump on these bonds and it only took two hours to sell them, and waiting in the wings were another $54.4 million in orders.
The biggest single investor was State Farm Insurance who bought about 25% of the bonds or, $4.7 million.
Emergency preparedness: Are you ready for a fire?
Submitted by paula on Tue, 06/23/2015 - 6:52pmMarkleville residents are faced with the possibility of having to evacuate if the Washington Fire comes towards their town.
Skyland residents recently took part in a neighborhood fire drill, being told they had to evacuate their homes in 10 minutes.
What would yo take?
That plan should start now, before you are faced with that time of fear and panic.
Prepare a 'Disaster Preparedness Kit.' Items in this kit should last you and your family for three days:
Op/Ed: SLT should pass a bond to help children in foster care
Submitted by paula on Wed, 04/22/2015 - 11:53pmSome children live a life characterized by habit and routine. Imagine them being forced to leave their life behind all because there wasn’t enough space and funding. This is what foster children in Lake Tahoe are forced deal with. Primarily, SLT should pass a General Obligation Bond, and, though the cost of raising a child is exorbitant, this cost could be ameliorated by support from passing a General Obligation Bond measure.
City closes out 2013/14 with positive cash flow of $910,000
Submitted by paula on Thu, 03/05/2015 - 11:35pm"We have good news for the second year in a row," City Manager Nancy Kerry started with during her presentation Tuesday to the South Lake Tahoe City Council.
The budget for fiscal year 2013-14 closed out with a positive cash flow of $910,000. Kerry reported that a conservative fiscal philosophy and being budget conscious got the City through the recession. They have maintained a 25% reserve in the budget since 2005, a move that has allowed the City to be in the position to now grow the economy.
South Lake Tahoe's Year in Review - 2014
Submitted by paula on Wed, 01/07/2015 - 8:58pmThe following is a summary of accomplishments during 2014 by the City of South Lake Tahoe.
Strategic Priority: Fiscal Sustainability
The most important issue facing cities and local agencies is continued steadfast attention to the budget, both short term and long term fiscal impacts.
· Implemented “budget watch” approach to financial analysis; a year-long effort evaluating state, national and global economic impacts for South Shore economy, and capital investment opportunities
South Lake Tahoe's Year in Review - 2014
Submitted by paula on Wed, 01/07/2015 - 8:50pmThe following is a summary of accomplishments during 2014 by the City of South Lake Tahoe.
Strategic Priority: Fiscal Sustainability
The most important issue facing cities and local agencies is continued steadfast attention to the budget, both short term and long term fiscal impacts.
· Implemented “budget watch” approach to financial analysis; a year-long effort evaluating state, national and global economic impacts for South Shore economy, and capital investment opportunities
Measure F bond oversight committee sought by LTCC
Submitted by paula on Sat, 01/03/2015 - 11:38pmA bond oversight committee is needed with the passage of Measure F in November, the Lake Tahoe Community College's $55 million bond.
All schools and colleges that receive bonds are required to have an oversight committee per California Prop. 39.
Nevada National Guard, Gov. Sandoval remember IHOP shooting victims in memorial run
Submitted by paula on Sat, 09/06/2014 - 1:59pmNevada Gov. Brian Sandoval joined more than two dozen soldiers and airman, sheriff’s deputies, firefighters and families Saturday to pay respects by jogging in a memorial run in Carson City to commemorate the four victims who died at the International House of Pancakes shooting on Sept. 6, 2011.
Shooting survivor Sgt. 1st Class Jeremy Mock and Gen. Michael Hanifan, commander of the Nevada Guard, led the pack of runners and walkers on the 5K route from the restaurant to the Guard complex on Fairview Drive in Carson City.
Don't Forget to Vote in South Lake Tahoe on Tuesday!
Submitted by paula on Mon, 06/02/2014 - 10:56pmThere are several choices for South Lake Tahoe voters in Tuesday's primary election.
Local Issues and Offices
El Dorado County Supervisor: Kevin Brown, Kenny Curtzwiler, Gerri Grego, Sue Novasel, Teresa Piper, Angela Swanson
Assessor - Karl Weiland
Auditor/Controller - Michael Owens, Joe Horn
District Attorney - Judson Henry, Vern Pierson
Recorder Clerk/Registrar of Voters - Chris Amaral, Bill Schultz
Sheriff - John D'Agostini
Surveyor - Rich Briner
Treasurer/Tax Collector - Ron Briggs, C.L. Raffety
Barry Bonds seeks dismissal of felony conviction
Submitted by Anonymous on Wed, 02/13/2013 - 11:41amSAN FRANCISCO - A lawyer for Barry Bonds has urged a federal appeals court to toss out the slugger's obstruction of justice conviction.Dennis Riordan (REAR-den) argued Wednesday before the 9th U.S....
Barry Bonds seeks dismissal of felony conviction
Submitted by Anonymous on Wed, 02/13/2013 - 11:41amSAN FRANCISCO - A lawyer for Barry Bonds has urged a federal appeals court to toss out the slugger's obstruction of justice conviction.Dennis Riordan (REAR-den) argued Wednesday before the 9th U.S....
Special Olympics to Host South Lake Tahoe Polar Plunge
Submitted by Editor on Tue, 02/12/2013 - 6:38pmEvent Date:
March 23, 2013 - 10:00am
Donned in costumes, but without the protection of wet suits, Special Olympics athletes and their supporters will jump into icy waters on March 23 for the annual South Lake Tahoe Polar Plunge, a fundraiser for Special Olympics Northern Nevada and California.
Hall of Famers happy to see Bonds, Clemens denied
Submitted by Anonymous on Thu, 01/10/2013 - 10:20amNEW YORK - Nobody was happier about the Hall of Fame shutout than the Hall of Famers themselves.Goose Gossage, Al Kaline, Dennis Eckersley and others are in no rush to open the door to Cooperstown ...
Nevada looks to new sources of funding for construction projects as property tax revenues fall
Submitted by Editor on Wed, 08/29/2012 - 12:22pmCARSON CITY — A state panel was told today that for yet another two-year state budget, there will be virtually no money available from property tax revenues for capital construction projects.
The state Public Works Board heard the disappointing news today as it began a two-day review of projects being sought by state agencies ranging from the Department of Corrections to Tourism and Cultural Affairs.
July Monthly Message from South Lake Tahoe Mayor Claire Fortier: Go Jump In The Lake
Submitted by Editor on Fri, 07/06/2012 - 12:57pmThere are so many real issues we face as a city and significant problems we must solve. But not today!
Today, this week, this month, this season is all about the fun. It’s summer in Tahoe and the weather is glorious.
Take off your shoes and run in the sand. See how far you can walk out into the lake before your feet tingle with the cold. Grab your beach chair and a book. Ride a jet ski or a mountain bike. Hike a forested trail the ends in an amazing vista. Find a hidden waterfall or cove. Watch nature unfold in all its glory.
Consolidation, ice arena bonds get grand jury look
Submitted by Anonymous on Wed, 07/04/2012 - 6:00amThe El Dorado County Grand Jury released its 2011-12 report this week. In the report, the grand jury recommends South Lake Tahoe and the South Lake Tahoe Recreation Facilities Joint Powers Authority hold a special election to give property owners a say in the refinancing of bonds related to the construction of the South Lake Tahoe Ice Arena.
March Message from the Mayor: The Choice to Move Forward Rests With Our Community
Submitted by Editor on Wed, 03/07/2012 - 10:44amOne of the critical issues continuously expressed by our citizens has been the condition of our town. Rundown, second rate and blighted are words often used in the same sentence as City of South Lake Tahoe. We love where we live, but we hate how we keep it.
That message was loud and clear in the City’s 2011 Citizen Survey we recently received. More than 70 percent of respondents said the appearance of our town was poor. More than 80 percent considered our roads the same way, poor or worse.
Nevada To see Up To 33 cents on the dollar from $50 million Lehman Brothers 2008 loss
Submitted by Editor on Tue, 02/21/2012 - 4:19pmCARSON CITY – The state Board of Finance was told today that Nevada now expects to receive between 30 and 33 cents on the dollar in recovery from a $50 million investment loss when Lehman Brothers unexpectedly filed for bankruptcy in September 2008.
Nevada state Treasurer Kate Marshall said the state initially expected only 10 to 11 cents on the dollar when the firm filed for bankruptcy protection during the height of the nation’s financial crisis.
Message from the Mayor: A summary of actions by the South Lake Tahoe City Council
Submitted by Editor on Wed, 02/08/2012 - 5:36pmThe following is from Claire Fortier, the mayor of the City of South Lake Tahoe. Mayor Fortier has launched a regular "Monthly Message from the Mayor" report, which summarizes the accomplishments of the South Lake Tahoe City Council. Here is her first report:
SAUNDERS: Donating sperm a 'fundamental right,' says man with sterile cup
Submitted by Anonymous on Wed, 12/21/2011 - 9:42amTrent Arsenault is the Barry Bonds of sperm. The 36-year-old Fremont man boasts he has sired 14 babies - with four more in the oven - via a free sperm-donation service that he promotes on the Inter...