Investing

Nicholas Abelow earns certification for sustainable, responsible and impact investing

SOUTH LAKE TAHOE, Calif. - Nicholas Abelow CFP, an independent financial advisor at Abelow Pratt and Associates in South Lake Tahoe has obtained the Chartered SRI Counselor™ (CSRIC) certification. The CSRIC™ program was developed in collaboration with industry-group leader US SIF: The Forum for Sustainable and Responsible Investment. It provides financial advisors and investment professionals with information about the history, definitions, trends, portfolio construction principles, fiduciary responsibilities, and best practices for sustainable investments.

STPUD candidates respond to questions

SOUTH LAKE TAHOE, Calif. - There are three open seats on the South Tahoe Public Utility Board of Directors this election season, two for a four-year term and one for a two-year term.

South Tahoe Now reached out to the candidates and below are their answers to a set of questions. For the two four-year terms, incumbent Kelly Sheehan is running for reelection, Duane Wallace is running after being appointed to fill Jim Jones's spot on the board until this election, and they are joined by David Peterson.

Column: Investing in our public lands can pay big dividends

In South Lake Tahoe, Truckee, and Mammoth Lakes, our public lands are woven into the fabric of life. These lands are symbols of our strength and keepers of serenity in these turbulent times. As we've seen locally, our parks and public lands are a beloved resource and one that is essential for our collective recovery. If we want our parks and public lands to be there for us for the long haul we need to invest in them now.

Remodel and tech investments expand medical imaging at Barton Health

SOUTH LAKE TAHOE, Calif. - Barton Health continues its expansion of medical imaging technology, investing in the latest equipment that enhances services, expands care, and improves the patient experience. The acquisition of a Magnetic Resonance Imaging (MRI) system has equipped Barton to now offer advanced MRI prostate and breast screenings. In addition, Barton’s Nuclear Medicine Suite recently completed a $1.2 million remodel to accommodate a new hybrid SPECT/CT scanning system that provides a new view on health issues within the body.

Caesars Entertainment announces sale of Harrah's Reno

Harrah's Reno will soon be coming to an end. The gaming establishment that had its humble beginning as a bingo parlor opened by Bill Harrah in 1937 has been sold to a company that will turn it into a non-gaming mixed-use center.

On Thursday, Caesars Entertainment Corporation and VICI Properties Inc. announced in a press release they signed an agreement to sell Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $50 million.

Ceremony to celebrate completion of new SR 89 realignment and bridge project in Tahoe City

Event Date: 
December 16, 2019 - 10:00am

TAHOE CITY, Calif. – A ribbon-cutting ceremony will be held on Monday, December 16 to celebrate the opening of the State Route 89 realignment, including the new Truckee River Bridge in Tahoe City.

Attendee parking will be located at the Tahoe City Transit Center along West Lake Blvd. The public should plan to arrive by 9:45 a.m. to park and walk to the ceremony location, which starts at 10:00 a.m. The bridge will be closed for the event.

New Vail Resorts report highlights community and sustainability achievements

SOUTH LAKE TAHOE, Calif. - Vail Resorts’ second annual EpicPromise Progress Report was released this week, showing they gave away $14.5 in community and employee grants in the areas their resorts are located. In the Lake Tahoe area, $1.9 million in grants was given to 93 local organizations.

The Playa's Christina returns to "dock" at Hard Rock Lake Tahoe

Event Date: 
Repeats every day until Sat Nov 02 2019 .
November 1, 2019 (All day)
November 2, 2019 (All day)

The Christina, a 65-foot yacht that once called Lake Tahoe home, is now an iconic art car that has been cruising along the playa in the Black Rock Desert. She is returning to Lake Tahoe during "Docked at Hard Rock" November 1-2.

Flipper Manchester, a South Lake Tahoe construction company owner, was originally hired to demolish the yacht that had been dry-docked at the Tahoe Keys Marina for years.

Lake Tahoe businesses honored with Douglas County Spotlight Awards

MINDEN, Nev. - For the sixth consecutive year, several Douglas County businesses were recognized with a Spotlight Award. This year’s awards were given at the Critical Issues Conference held on Thursday, September 26, 2019. The Spotlight Awards recognized businesses in 7 different categories: Business and Professional Service, Entrepreneur, Manufacturing and Production, Restaurant, Retail, Sports and Recreation, and Tourism and Hospitality.

Vail announces merger agreement with Peak Resorts - Adds 17 ski areas to company

Vail Resorts, Inc. announced Monday they have entered into a definitive merger agreement to acquire Peak Resorts, Inc. Through the acquisition, Vail will add 17 ski areas from the United States to its network of resorts.

The Peak resorts are located near major metropolitan areas, including New York, Boston, Washington, D.C., Baltimore, Philadelphia, Cleveland, Columbus, St. Louis, Kansas City and Louisville.

They include:
Vermont: Mount Snow in Vermont
New York: Hunter Mountain
New Hampshire: Attitash Mountain Resort, Wildcat Mountain and Crotched Mountain

Public meetings to discuss control of aquatic invasive weeds in the Tahoe Keys

Event Date: 
June 25, 2019 - 5:00pm

SOUTH LAKE TAHOE, Calif.- The problem of aquatic invasive weeds and nuisance plants in the Tahoe Keys continues to grow, even with the Tahoe Keys Property Owners Association (TKPOA) investing time and money to control the problem. The aquatic invasive species (AIS) continue to spread and the costs continue to grow.

14th annual Tahoe Bike Challenge June 1-14

It appears Mother Nature will be offering some great biking weather for the hundreds of participants in the 14th annual Tahoe Bike Challenge June 1 - 14. The two-week basin-wide event is a team-based challenge to encourage everyone to ride and experience the benefits and joys of cycling.

The event is co-sponsored by the Tahoe Regional Planning Agency (TRPA) and Lake Tahoe Bicycle Coalition/

Tahoe Homeless Coalition receives grant for year-round mental health services

SOUTH LAKE TAHOE, Calif. – A donation from Vail Resorts Chief Executive Officer Rob Katz and his wife, Elana Amsterdam is allowing the Tahoe Coalition for the Homeless (TCH) to offer more mental health services to those experiencing homelessness on the South Shore.

In December, the Katz Amsterdam Charitable Trust made more than $2M in contributions to support emotional wellness programs in nearly every mountain resort community in which Vail Resorts operates, including South Lake Tahoe.

5th annual Zawadisha Holiday Bazaar in South Lake Tahoe

Event Date: 
Repeats every day until Sun Dec 02 2018 .
December 1, 2018 (All day)
December 2, 2018 (All day)

The fifth annual Zawadisha Holiday Bazaar will be held at The Landing on December 1 from 11:00 a.m. to 6:00 p.m. and on December 2 from 10:00 a.m. to 2:00 p.m.

Local entrepreneurs, artisans and the community are being connected to support the concept of shopping locally while making change globally. A portion of proceeds from the event will be donated to Zawadisha, a social enterprise founded in Lake Tahoe by Jen Gurecki and Julie Lowe. Zawadisha will invest the funds from the event into their leadership and business training program for rural Kenyan women.

South Lake Tahoe Money News: Investing for income; Why all income is not equal

Today 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.

Caltrans District 3 projects created by SB1 funds

SOUTH LAKE TAHOE, Calif. - Have you ever wondered where the extra gas tax money you now pay at the pump is going? The increase on the excise taxes on gasoline and diesel along with new registration fee for cars based on their value have so far created 26 projects in District 3 as well as in other districts across the state.

But now that funding is being challenged.

Cannabis ordinance conversation goes from anger to compromise

SOUTH LAKE TAHOE, Calif. - After a referendum to put a halt to the South Lake Tahoe cannabis ordinance was successful, a meeting held Monday was to work through the points of the ordinance Cody Bass and Tahoe Wellness Cooperative took issue with.

Led by the City Council representatives Austin Sass and Brooke Laine, members of the original cannabis workgroup, Cody Bass and some members of the public, about two dozen in total, spent three hours trying to come up direction for the city attorney to use in creating a new ordinance.

SLT City Council candidates respond to 100% Renewable Committee questions

On April 18, 2017 the South Lake Tahoe City Council unanimously passed a resolution to do two things: Power the South Lake Tahoe community with electricity provided from 100 percent renewable sources by 2032; and reduce community carbon emissions from baseline by at least 80 percent by 2040. The 100% Renewable Committee was formed to help the City accomplish these tasks.

5th annual Spolight Awards in Douglas County honor businesses

Seven Douglas County businesses, including two from the South Shore, were recently honored during the 5th annual Spotlight Awards, recognizing their contributions to the community.

The awards were given at the Critical Issues Conference held on Thursday, September 27 and recognized businesses in the following categories: retail, restaurant, manufacturing and production, sports and recreation, entrepreneur, business and professional service, and tourism and hospitality.

Sound mitigation expert hired to use "smart sound" at SnowGlobe

SOUTH LAKE TAHOE, Calif. - Chad Donnelly, the CEO of the SnowGlobe Music Festival, was in South Lake Tahoe last week to show his new sound mitigation expert the venue at the Community Playfields on Al Tahoe Blvd. He also met with Mayor Pro Tem Tom Davis and three members of the No Globe Alliance, a citizen-formed group against the noise generated by the three-day outdoor festival, and Al Frangione of Lake Tahoe Community College.

CAL FIRE awards $27.5 million to reduce wildfire risks

Today, CAL FIRE awarded four grants totaling $27.5 million to fund high-priority forest health projects designed to combat climate change and reduce the risk of wildfires.

Mt. Tallac High thanks many for their 2017-18 successes

It is with much gratitude that we give a shout out to our many guardians and community partners at Mt. Tallac High School.

John Marchini and South Tahoe Refuse never fail to keep us fed and jump in when we have an unfulfilled need.

John McDougall is an amazing example of what it means to pay it forward. He provides us with not only Pay it Forward grants and scholarships but he is also on the constant lookout for opportunities and benefits to our students.

Harrah’s /Harveys provides job training, support and meals to create contributing citizens for our community.

Four vying for El Dorado County Supervisor, District 5

There are four people running for El Dorado County Supervisor for the 5th District on June 5: Incumbent Sue Novasel and challengers Kenny Curtzwiler, Norma Santiago and Jeffrey Spencer. The 5th District covers Pollock Pines to South Lake Tahoe and Tahoma.

South Tahoe Now asked each candidate the same questions, and here are all of their answers, exactly as they were presented to us.

Sue Novasel
Occupation: El Dorado County Supervisor – District V
Past political history:
2015 – Present: County Supervisor, District V

Online tools now available through TRPA for Tahoe property information

With another building and construction season approaching, the Tahoe Regional Planning Agency (TRPA) is launching a new Parcel Tracker available online to the public. Part of the Lake Tahoe Info portal, the Parcel Tracker provides a wide range of information for property owners and people considering buying or investing in property at Lake Tahoe.

SnowGlobe to stay with modifications to address concerns

SnowGlobe will be returning to South Lake Tahoe in December, 2018, but it will be with some modifications to mitigate sound issues residents have as well as playfield concerns.

A majority of those speaking at Tuesday's City Council meeting said they are for SnowGlobe continuing, but 38 percent of those who spoke us gave a list of concerns they have from the popular three-day festival.

Column: Marking five years of progress on regional plan

Conserving and restoring Lake Tahoe’s natural environment and revitalizing its communities requires a delicate balancing act. Historically, building consensus around how to strike that balance has been one of the region’s greatest difficulties.

Lake Tahoe reached its strongest-ever consensus on that balance with the 2012 Regional Plan and its focus on sustainable redevelopment to restore natural areas, bring legacy development up to modern environmental standards, and create walkable, bikeable, and vibrant town centers.

The Tides Project donates to Lake Tahoe Boys and Girls Club

SOUTH LAKE TAHOE, CALIF. - Local female business owner, Karly Matzen of The Tides Project, sells her crafts online and trade shows throughout the Tahoe basin. You make have seen The Tides Project booth at the Made In Tahoe festival or Live at Lakeview this summer. In return, 10% of her sales goes back to funding art programs. Her vision is to bring supplies to the community in order to support a positive outlet for youth through the Arts.

Sierra Nevada snowpack at 3% of normal for January

Snow was hard to find Wednesday during the California Department of Water Resources (DWR) first measurement of the snowpack in the Sierra Nevada this winter.

Snowpack is off to a slow start, with just 3 percent of average found at Phillips Station, The measurement January 3 revealed a snow water equivalent (SWE) of 0.4 inches. The average is 11.3 inches in early January at Phillips, as measured there since 1964. It's elevation is 6,873 feet and located at the intersection of Highway 50 and Sierra-at-Tahoe Road.

Bears making comeback to Nevada's Great Basin

Conservation efforts are seeing the return of black bears into the Great Basin of Nevada, an area that hasn't seen the mammal for over 80 years according to a study released this week by the Wildlife Conservation Society (WCS), the Nevada Department of Wildlife (NDOW), and the University of Nevada-Reno (UNR).

Prior to this study, most of the state's black bears could be found around Lake Tahoe and the Pine Nut Mountains after being forced from the Great Basin by unregulated hunting and conflicts with domestic livestock.

Abelow, Pratt & Associates implements platform to drive client success

Abelow Pratt & Associates announced it has implemented Riskalyze, the world’s first first risk alignment platform, which mathematically pinpoints a client’s Risk Number® and equips advisors to empower fearless investors.

Douglas County businesses win Spotlight Awards

For the fourth consecutive year, several Douglas County businesses were awarded a Spotlight Award. This year’s awards were given at the Critical Issues Conference held on Thursday, September 28, 2017. The Spotlight Awards recognized businesses in 7 different categories: Retail, Restaurant, Manufacturing and Production, Sports and Recreation, Entrepreneur, Business and Professional Service, Tourism and Hospitality and special recognition was given to the Business Council for their 25 years of dedicated service to Douglas County.

National Brotherhood of Skiers to hold next summit at Squaw Valley

The National Brotherhood of Skiers (NBS) has selected Squaw Valley Alpine Meadows to host its next NBS Black Summit. The Summit serves as both the organization’s annual gathering of members and largest fundraiser. More than 800 NBS members and 300 guests from throughout the US and beyond are expected to attend the annual event. The week-long event will run March 3-10, 2018.

LTCC vision: To be California's premier destination community college

As the world changes around South Lake Tahoe, Lake Tahoe Community College (LTCC) is evolving to meet the new demands of education and the student body. As there is a decline in community college enrollment across the country, LTCC is being creative in recruitment of students to the campus and investing in not only the environment, but in removing barriers many have in getting a secondary education.

That was the message during Lake Tahoe Community College President Jeff DeFranco's first State of the College Address on Thursday.

Opinion: Confronting climate change at Lake Tahoe

For 20 years, every August we’ve paused to reflect on our collective commitment to Lake Tahoe’s restoration at the Lake Tahoe Summit. This year, with U.S. Senator Dianne Feinstein hosting the event, the issue of climate change will be front and center. Climate change poses incredible challenges for Tahoe, affecting not only the health of its famously cold, clear waters, but the health of its expansive forests and what is to become of our $5 billion outdoor recreation-based economy.

Vail Resorts pledges "zero footprint" by 2030

Vail Resorts CEO Rob Katz announced today that his company has committed to zero net emissions by 2030, zero waste to landfill by 2030 and zero net operating impact to forests and habitat.

"Everything we do at Vail Resorts is driven by the spectacular natural environments where our employees, guests and communities live, work and play," Katz said in a press release. "The environment – and our stakeholders’ passion for it – is our business, and we have a special obligation to protect it."

South Lake Tahoe first Sierra community to have goal of 100% renewable energy

South Lake Tahoe, Calif. - Residents of South Lake Tahoe take pride in their city, its beauty, charm and recreational opportunities, and action during Tuesday's City Council gave people another reason to appreciate their community.

In honor of Earth Day, the City of South Lake Tahoe joined at least 26 other municipalities in the United States, and the latest in a growing coalition of mountain communities, to commit to 100 percent clean and renewable electricity by the year 2032.

Owners of Keys Cafe expanding into Reno housing and restaurant market

With the dormitories at the University of Nevada Reno (UNR) currently at 121 percent of capacity, new housing projects are being built to accommodate the growing campus population.

One company that is helping create new housing opportunities in Reno is Pink Hill Properties, a company that has ties to South Lake Tahoe.

Pink Hill's co-CEOs Kevinn Pinkney and Garry Hill-Thomas both played basketball for the UNR Wolf Pack and later played professionally. Hill-Thomas is currently an assistant coach with the Reno Bighorns.

SLT City Council candidate Tamara Wallace

All candidates for South Lake Tahoe City Council were given the same questions. With just one day to go to the elections, we will be featuring their answers and a video of their interview with Tahoe Regional Young Professionals through the day.

Tamara Wallace, 46, Retired Businesswoman/Chamber Exec

Discuss your interest in serving on City Council. What is your prior experience in working with civic, community or governmental organizations?

SLT City Council candidate Jason Collin

All candidates for South Lake Tahoe City Council were given the same questions. With just one day to go to the elections, we will be featuring their answers and a video of their interview with Tahoe Regional Young Professionals through the day.

Jason Collin, 43, Administrative Director of Post-Acute Services & Owner/Race Director for Epic Tahoe Adventures, 8 years living in Tahoe.

Discuss your interest in serving on City Council. What is your prior experience in working with civic, community or governmental organizations?

Letter: SLT City Councilman Tom Davis urges yes votes on Measures P, U & R

As a sitting Council Member and Board Member of Lodging Association, I urge voters to vote Yes on Measure P – “P” for Play and Recreation. This would increase hotel taxes by 2% throughout the City. The Lodging Association is supporting this measure because Recreation is our economy; investing in our economy will encourage more visitors and visitors to stay longer, which in turn supports the rest of our local economy.

South Lake Tahoe council candidates share their views on sustainability and climate issues

The South Lake Tahoe chapter of the Citizen's Climate Lobby recently asked all ten of the candidates their views on climate change, green buildings and our carbon footprint and how they can make a change if elected.

The Citizen's Climate Lobby is an organization focused on national policies to address climate change, and the South Lake Tahoe chapter is one of 354 in the United States and abroad.

Patricia Sussman of the local chapter said just five of the candidates responded to their questions.

Letter: Supporting Nick Exline For South Tahoe Public Utility District Board (STPUD)

I am writing this letter in support of Nick Exline's candidacy for the STPUD Board. I have known Nick for several years now and agree with him that renewable energy is our future! He is passionate about, not only how climate change is affecting us, but also what we can do to help solve some of these concerns.

The Ridge Tahoe Says "I Do" to $2 million renovated wedding and event center

The Ridge Tahoe resort at the top of Kingsbury Grade has expanded their wedding and conference capabilities for the newly renovated 3,700 square foot Castle Rock Event Space. The rustic Tahoe mountain venue has expanded its Clubhouse by 2,300 square feet, added two state of the art meeting rooms highlighted by architectural details including complementary natural wood decor, 16-foot high ceilings, and large windows allowing for natural ambient light.

Bill Cottrill promoted to General Manager of Lake Tahoe Resort Hotel

Not quite two years after his last promotion to chief managing officer of Lake Tahoe Resort Hotel, Bill Cottrill needs another business card. Cottrill, who has been with the property for 18 years, was promoted to general manager effective June 1 by the hotel’s ownership group Premier Hotel Collection.

Cottrill’s long tenure is not unusual for the hotel that enjoys a continuously low turnover rate year after year.

Valhalla Boathouse Theatre celebrates 20 years in South Lake Tahoe

It once housed The Shiek, a boat named in honor of Rudolf Valentino, friend and frequent guest to the Pope Estate in South Lake Tahoe. The Shiek was the biggest and fastest boat of its time on Lake Tahoe.

In the late 1800's it housed the boats of William Tevis who owned the 75 acre sprawling estate along the South Shore.

How do you feel about South Lake Tahoe roads and recreation?

The City of South Lake Tahoe would like to know where you want them to invest their resources when it comes to roads and recreation. There are many needs, as most residents are aware, and the City is going to listen to the public to see where efforts should be concentrated.

"We want to measure community opinions regarding proposed funding solutions for investing in streets, roads, parks and recreation as well as other community priorities," said City Manager Nancy Kerry.

The survey can be found here: City Survey.

Opinion: Investing in Tahoe’s Environment

At Lake Tahoe, we know our natural resources are one of our most valuable assets, and that’s why we have worked for decades to conserve and restore them. The natural wonders of the Jewel of the Sierra and the opportunities they afford are why we live here, and why millions of visitors travel here to enjoy the Tahoe Basin each year.

Find your love languages

According to psychologist Abraham Maslow’s Hierarchy of Needs, it is essential for people to feel love and belonging to reach optimal health and wellness. Valentine’s Day, whether you celebrate the holiday or not, reminds us of love. The word “love” can be confusing and have different meanings for everyone.

LTUSD pulls out of Community Play Consortium JPA

Citing concern over their role in the new playfield proposal, the Lake Tahoe Unified School District (LTUSD) has pulled out of the Community Play Consortium Joint Powers Authority.

Fundraising campaign for family of SLT Police Officer Mark Hounsell

While the community is still in shock over the death of South Lake Tahoe Police Officer Mark Hounsell, his wife Jeanne and a family friend, a fundraising campaign has started to help their children as they move forward in life without a parent.

All four of Mark's children were in the 2004 Chevy Suburban on October 17, 2015 with Mark and Jeanne when, for unknown reasons, the vehicle left the roadway and crashed, killing all three adults inside.

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