investment
Kudos: Kiwanis Club of Lake Tahoe thanks supporters of 12th annual Coat Drive
Submitted by paula on Sat, 01/09/2021 - 7:55pm
SOUTH LAKE TAHOE, Calif. - The Kiwanis Club of Lake Tahoe wishes to extend our appreciation to the following for their help, support, and generous donations that help us to purchase and distribute brand new coats, beanies, and gloves to ensure that the youth in our community stay warm this winter.
The generosity of our donors:
• The Bob Baunhauser Foundation, in remembrance of member Bob Baunhauser
• TLC Investment, in remembrance of member Katy Fagan
• 2020 American Century Championship/Celebrity Golf
• El Dorado Community Foundation/Give Tahoe
Nicholas Abelow earns certification for sustainable, responsible and impact investing
Submitted by paula on Mon, 12/14/2020 - 2:39pm
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.
Updated Lake Tahoe vacation home ordinance passed by El Dorado County
Submitted by paula on Thu, 12/03/2020 - 11:59am
EL DORADO COUNTY, Calif. - The El Dorado County Board of Supervisors have passed an updated vacation home rental (VHR) ordinance for the Lake Tahoe portion of the county.
In a unanimous vote Wednesday, the second reading of the ordinance passed, one that adds a ceiling on the number of permits allowed. Supervisor Sue Novasel had to recuse herself because of a resident's request that she do so due to her husband's investment company.
Tahoe Fund calls for projects to fund that help preserve the Lake Tahoe Basin
Submitted by paula on Tue, 11/17/2020 - 11:36am
LAKE TAHOE, Calif./Nev. - The Tahoe Fund has kicked off its annual Request for Projects process, a time they seek applications seeking funds of $5,000 to 1,000,000 to complete their goals to help preserve Lake Tahoe.
The funding for projects are designed to restore Lake Tahoe’s famed clarity, create healthier forests, improve transportation, create more sustainable recreation, and inspire greater stewardship in the region.
City Council candidates respond to South Lake Tahoe Chamber questions
Submitted by paula on Tue, 10/20/2020 - 5:23pm
SOUTH LAKE TAHOE, Calif. - The South Tahoe Chamber of Commerce Board recently asked the nine City Council candidates ten questions they felt were of most importance to its members. The questions focused mainly on topics relating to things that will or may affect both the local small businesses and the community in general.
Their board made the decision to not endorse a specific candidate this election, but instead rank them based on how much they align with the South Tahoe Chamber of Commerce goals based on their answers to the questions below.
Letter to the Editor: Choose Unity over Division
Submitted by paula on Wed, 10/14/2020 - 11:05am
We are both running for South Lake Tahoe City Council to move our community past division, negativity, misinformation and finger pointing, and toward common ground solutions on critical issues. We’re all in this together.
Letter to the Editor: Shops at Heavenly Village support Williams and Carter for Council
Submitted by paula on Fri, 10/09/2020 - 7:45am
On September 22, 2020 the Tahoe Chamber endorsed City Council Candidates Cristi Creegan and John Friedrich. We strongly believe they are the wrong choice for this position and will not represent the businesses, jobs, local working residents, and current challenges in our community effectively.
SLT Council Candidate John Friedrich
Submitted by paula on Sat, 10/03/2020 - 2:23pm
South Tahoe Now reached out to all nine candidates for South Lake Tahoe City Council and provided the same list of questions to each one of them. Once a day their answers will be published in the order received.
Today's candidate is John Friedrich
Profession: Founder and Director, Tahoe Green Jobs Initiative
How many years in SLT: 15
Letter: Keeping patients safe is a team effort
Submitted by paula on Wed, 09/23/2020 - 12:32pm
Running a hospital takes a large team of professionals, all pulling together, often under tremendous stress. We often recognize our caregivers who have direct contact with patients. But behind every clinician is a team of people making sure she or he can do their job well and safely.
Town of Gardnerville releases conceptual Parks and Open Space Master Plan
Submitted by paula on Fri, 09/18/2020 - 11:14am
GARDNERVILLE, Nev. – The Town of Gardnerville seeks public input to help shape the future of town owned parks and open spaces. Over the last nine months town staff has been working with Wood Rodgers Inc and the town board to draft a parks and open space master plan. The plan will guide town spending and grant submittals in the upcoming decades to help the town provide unique and desired amenities to encourage and increase resident use of the parks and open spaces.
New president at helm of Sierra Nevada University in Incline Village
Submitted by paula on Thu, 09/17/2020 - 4:44pm
INCLINE VILLAGE, Nev. - After an extensive search, Sierra Nevada University has secured a new president on August 31, 2020. Dr. Robert M. Valli, an alumnus of UC Berkeley, Stanford, and Cambridge universities, accepted the position at SNU Tahoe, replacing Dr. Ed Zschau who had been the interim president.
Dr. Valli came to SNU Tahoe from his most recent role as Dean of Long Island
Nominations sought for 29th annual Best in Basin Awards
Submitted by paula on Wed, 09/09/2020 - 9:07am
LAKE TAHOE, Calif./Nev. — The Tahoe Regional Planning Agency (TRPA) is calling for nominations for projects completed in 2019 that display outstanding environmental design to be recognized in the 2019 Best in the Basin awards program, the agency announced today.
Nominations are due by September 28, according to TRPA.
Now in its 29th year, TRPA’s annual Best in the Basin awards program showcases projects around the lake that demonstrate exceptional planning, implementation, and compatibility with Tahoe’s natural environment and communities. The categories are:
South Lake Tahoe City Council candidates respond to #IRunWithMaud questions
Submitted by paula on Thu, 09/03/2020 - 5:03pm
SOUTH LAKE TAHOE, Calif. - There will be two new members of the South Lake Tahoe City Council after the November 3 election. In the coming weeks the pubic will have chances to hear from the candidates both via zoom, in print and possibly in person. Below are eight of the ten candidates responses to questions asked by the local #IRunWithMaud group.
South Lake Tahoe Fire Rescue promotes three to position of captain; adds three firefighters
Submitted by paula on Mon, 08/03/2020 - 4:20pm
SOUTH LAKE TAHOE, Calif. - South Lake Tahoe Fire Rescue recently held ceremonies for the hiring of three new firefighter/paramedics and the promotion of three to the rank of captain. Due to COVID-19 restrictions, ceremonies were small and held at the fire station during their shifts.
Captain/Paramedic Mike Taormina
Historic Great American Outdoors Act passes the House, now to the president's desk
Submitted by paula on Wed, 07/22/2020 - 3:23pm
The U.S. House of Representatives passed the Great American Outdoors Act today, a piece of bi-partisan legislation that will fully and permanently fund the Land and Water Conservation Fund (LWCF) and provide much needed funding for the crippling $12 billion deferred maintenance backlog at national parks.
America's Most Beautiful Bike Ride and Tour de Tahoe postponed
Submitted by paula on Fri, 07/17/2020 - 12:55pm
SOUTH LAKE TAHOE, Calif. - The organizer of the 29th annual America’s Most Beautiful Bike Ride and the 18th Tour De Tahoe has announced the 2020 events will not happen. Bike the West tried to merge the two popular rides after the America's Most Beautiful was postponed earlier this year. They were to take place on September 13 but current COVID-19 restrictions and setbacks with reopening phases governed by local, county and state health agencies have led them to postpone and move to 2021.
Genoa's famous and historic Candy Dance canceled for 2020
Submitted by paula on Thu, 07/09/2020 - 9:18am
GENOA, Nev. - For the past 100 years, the Town of Genoa has held a Candy Dance but the 101st event is being canceled due to COVID-19. In a 5-0 vote Wednesday, the Genoa Town Advisory Board decided to forego the event due to health and safety concerns for residents, vendors, staff and sponsors.
Conservancy awards City of South Lake Tahoe $425K to plan downtown 56-acre project
Submitted by paula on Sun, 06/28/2020 - 11:49am
SOUTH LAKE TAHOE, Calif. - The California Tahoe Conservancy has awarded a $425,000 grant to the City of South Lake Tahoe to help plan the future of the 56-Acre site, a south shore hub of civic and recreation activity across Highway 50 from Lakeview Commons.
“The 56-Acre site is already a vibrant gathering place for community members and visitors alike, and it has the potential to be so much more,” said South Lake Tahoe City Councilmember and Conservancy Board member Tamara Wallace.
Caltrans virtual ribbon cutting on $54.9M South Lake Tahoe project
Submitted by paula on Sat, 06/27/2020 - 5:08pm
SOUTH LAKE TAHOE, Calif. - Due to restrictions on gathering in groups because of COVID-19, Caltrans created a virtual ribbon cutting and "thank you" video highlighting their four-year $52.9M water quality improvement project on Highway 50 in South Lake Tahoe.
Caltrans wrapping up $52.9M South Lake Tahoe project
Submitted by paula on Sat, 05/30/2020 - 6:35pm
SOUTH LAKE TAHOE, Calif. - The last scheduled Lake Tahoe Environmental Improvement Program (EIP) project for Caltrans around Lake Tahoe is almost finished. All traffic-interfering work is now complete on the stretch of US50 from the Y to the Trout Creek Bridge.
Events Center approved by Douglas County Commissioners
Submitted by paula on Thu, 04/16/2020 - 9:44pm
STATELINE, 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 - 10:06am
With 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.
Letter: Tahoe Chamber endorses local Measures B and M
Submitted by paula on Wed, 02/19/2020 - 1:48pm
The Lake Tahoe South Shore Chamber of Commerce (Tahoe Chamber) has announced its endorsement of Measure B and Measure M on the March 3rd Primary Election ballot. Both local measures address a well-documented need for investment in new equipment.
Vail awards $2.8 million in grant support to 76 Lake Tahoe area nonprofits
Submitted by paula on Tue, 02/18/2020 - 3:04pm
SOUTH LAKE TAHOE, Calif. - Vail Resorts EpicPromise has selected 76 local nonprofits in the Lake Tahoe area to receive one of their 2019-20 community grants, totaling $2.8 million in grant support.
Heavenly Mountain Resort and Kirkwood recently held a breakfast to honor the recipients. The followed with a similar celebration at Northstar, the third area Vail resort.
The Crossing in South Lake Tahoe sold for $14.8M
Submitted by paula on Wed, 01/22/2020 - 12:38pm
SOUTH LAKE TAHOE, Calif. - The Crossing at Tahoe Valley has been sold by the Sutter Capital Group, the Sacramento-based investment company that bought the struggling factory store property at the Y just over five years ago.
Caesars Entertainment announces sale of Harrah's Reno
Submitted by paula on Wed, 01/15/2020 - 8:27pm
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.
Barton Gala raises $90K for Family Birthing Center in South Lake Tahoe
Submitted by paula on Mon, 12/23/2019 - 3:14pm
SOUTH LAKE TAHOE, Calif. – More than 250 community members gathered for the 29th annual Barton Gala at Harrah's Tahoe on December 7. Their pledges and donations during the evening hit a record-breaking $90,000 to support community health in the Lake Tahoe area.
This year’s Gala beneficiary was the Family Birthing Center at Barton Memorial Hospital, with proceeds from the black tie soiree funding medical equipment and training to keep at-risk newborns close to their families in those precious first moments together.
City of South Lake Tahoe newsletter: At Lake Level
Submitted by paula on Fri, 12/13/2019 - 9:59pm
SOUTH LAKE TAHOE, Calif. - The December edition of the City of South Lake Tahoe's "At Lake Level" has been released by City Manager Frank Rush. This month Rush covers SnowGlobe, the 56-acre site and a possible new Fire/EMS station for the community.
56-Acre Site
Ceremony to celebrate completion of new SR 89 realignment and bridge project in Tahoe City
Submitted by paula on Wed, 12/11/2019 - 12:06pm
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.
Vail Resorts CEO and his wife donate over $2.8M for emotional wellness programs, including some in Lake Tahoe
Submitted by paula on Tue, 12/10/2019 - 3:28pm
SOUTH LAKE TAHOE, Calif. - The Vail Resorts Chief Executive Officer Rob Katz and his wife Elana Amsterdam, New York Times bestselling author and founder of Elana’s Pantry, today announced they were donating more than $2.8M to further strengthen emotional wellness programs in more than ten mountain communities where Vail Resorts operates. This is the second consecutive year their Katz Amsterdam Charitable Trust has distributed behavioral health grants.
Kudos: Bread & Broth thanks Ameriprise Financial Services, Inc.
Submitted by paula on Tue, 11/19/2019 - 12:02am
Every year during the first week of November, Corporate Ameriprise Financial Services, Inc. encourages their Ameriprise office team members across the country to participate in an activity to support their ‘National Day of Service’ giving campaign. For the last five years, the Tahoe South Shore’s Ameriprise office has elected to sponsor a Bread & Broth Adopt A Day of Nourishment (AAD) and this year they hosted the Monday Meal on November 4 to participate in the annual Corporate campaign.
12th Annual Blue Ribbon Award winners announced
Submitted by paula on Sat, 11/16/2019 - 10:51am
The winners of the 12th annual Blue Ribbon Awards were announced Thursday, November 14, at Harrah’s Lake Tahoe. Over 300 community members attended to celebrate the winners of seven awards that honor outstanding South Shore businesses, organizations and individuals for civic contributions, tourism experiences, customer service and entrepreneurial achievements.
Congratulations to the following winners of the 12th Annual Blue Ribbon Awards:
Geotourism Award – Sponsored by Bike the West
Winner: Sample the Sierra
Honorable Mention: Clearly Tahoe
Caltrans and partners officially open first of two roundabouts in Meyers
Submitted by paula on Thu, 11/07/2019 - 8:57pm
Caltrans addressed what they reported to be an increase of accidents at the intersection of US50 and SR89 with a $7.3 million roundabout in Meyers, and today there was a ribbon-cutting with local partners to officially open it up.
What used to be a T-intersection with one stop sign is now a three-leg roundabout with a bypass lane. Years of studies, planning, environmental reviews, and engineering led to this past summer's build by Q&D Construction.
Finalists named for 12th annual Blue Ribbon Awards
Submitted by paula on Mon, 11/04/2019 - 8:26pm
LAKE TAHOE, Ca./Nv. – Tahoe Chamber's 12th annual Blue Ribbons Awards will be held on Thursday, November 14 from 5:30 p.m. to 8:30 p.m. at Harrah's Lake Tahoe. The event honors and celebrates South Shore businesses and individuals.
The cost of the event is $65 for Tahoe Chamber members and $85 for non-members and includes champagne upon arrival, a 3-course dinner and a glass of wine.
Column: Discount Brokers Finally Found the Bottom
Submitted by paula on Thu, 10/17/2019 - 3:36pmDiscount brokers competing to drive client growth have been in a race to the bottom when it comes to fees. I for one believe this is a good thing. Yes, more people should have access to the financial markets at lower costs. That is a good thing. This could even be good as these firms may actually compete with traditional brick and mortar banks for new clients as well and bringing a higher level of banking experience to more people.
I like that the “Discount Brokers” have finally found the bottom $0.
Unfortunately, they are still in the business of making money, how though?
Achievable housing project planned for North Lake Tahoe
Submitted by paula on Sat, 10/12/2019 - 9:12pm
Placer County has purchased the 11-acre Nahas property near Tahoe City for $3.42 million. They are working with housing developer partner Related-Pacific Companies to develop conceptual options for a potential mixed-use commercial and achievable housing project on the site.
While the purchase represents a step forward in bringing more achievable housing to North Lake Tahoe, development concepts for the site are still in early stages and no project proposal has yet been brought forward for formal consideration or approval.
Tahoe Chamber announces Blue RIbbon Award nominees
Submitted by paula on Wed, 10/09/2019 - 2:04pm
Event Date:
November 14, 2019 - 5:30pm
Close to 70 nominees will be celebrated at the 12th annual Blue Ribbon Awards on Thursday, Nov. 14 at Harrah’s Lake Tahoe Hotel and Casino. Join the Tahoe Chamber in celebrating the businesses and individuals that make the South Shore a great community to live, work and play. Admission to this event is $65 for Tahoe Chamber members and $85 for non-members. Tickets include champagne, wine and full 3-course dinner prepared by Harrah’s executive culinary team. Table sponsorships are also available for purchase.
South Lake Tahoe Council gets first look at 2019-20 budget: New police and fire personnel added
Submitted by paula on Thu, 09/05/2019 - 4:06pm
SOUTH LAKE TAHOE, Calif. - The proposed 2019/20 budget for the City of South Lake Tahoe was presented to the Council Tuesday by City Manager Frank Rush who showed where $119M will go should they agree and approve at their September 17 meeting.
Pledge for the Wild gives tourists in five mountain towns a chance to give back
Submitted by paula on Sun, 07/28/2019 - 8:07pm
SOUTH LAKE TAHOE, Calif. - What do South Lake Tahoe, California and Nevada; Bend, Oregon; Bozeman, Montana; Steamboat Springs, Colorado; and Flagstaff, Arizona have in common?
They are all mountain towns who have joined together to make it easier for tourists to open their hearts and wallets in support of wild places. They have taken steps to empower travelers to help protect the outdoor places where they recreate.
NV Energy and Liberty Utilities outline wildfire mitigation plans for Lake Tahoe
Submitted by paula on Tue, 06/11/2019 - 1:03pm
SOUTH LAKE TAHOE, Calif. - With electrical transmission lines found to be at fault in recent California fires, agencies responsible for supplying electricity to communities have been creating plans to prevent fires in the future.
Both companies that supply power to Lake Tahoe, NV Energy and Liberty Utilities, have announced new mitigation efforts to reduce the risk of fire.
City of South Lake Tahoe newsletter: At Lake Level
Submitted by paula on Wed, 05/01/2019 - 6:35pm
SOUTH LAKE TAHOE, Calif. - City Manager Frank Rush writes a community monthly newsletter and shares it on South Tahoe Now. The following is the May 1, 2019 edition:
Sign Up for the Brand New City Newsletter
Paid parking to be added to Bellamy Court near Stateline
Submitted by paula on Tue, 04/02/2019 - 12:16pm
SOUTH LAKE TAHOE, Calif. - The City Council decided today by a vote of 5-0 to have City staff to start the design process that will allow up to 47 new parking spaces along Bellamy Court in the Heavenly Village area in South Lake Tahoe.
City unveils monthly newseltter to keep public informed
Submitted by paula on Tue, 04/02/2019 - 8:21am
SOUTH LAKE TAHOE, Calif. The City of South Lake Tahoe has launched its new
newsletter - "At Lake Level." The monthly newsletter is written by City Manager Frank Rush and prepared by Communications Manager Chris Fiore in an effort to keep the community well informed about City issues and initiatives.
New Leadership
STPUD starts process to raise water and sewer rates
Submitted by paula on Thu, 03/21/2019 - 11:20pm
SOUTH LAKE TAHOE, Calif. - South Tahoe Public Utility District (STPUD) will start the process to raise water service rates by up to six percent and sewer rates by up to five percent in order to start replacing aging pipes and providing improved fire flow throughout their service area. If fully implemented, this increase would fuel an $81.5M capital improvement program for sewer improvements, and $70M for water system improvements, especially fire flow projects.
Column: Shaping Lake Tahoe’s future through collaboration
Submitted by paula on Fri, 02/22/2019 - 10:39am
We are stronger at Lake Tahoe when we work together. Everyone benefits when people of different interests, backgrounds, and perspectives agree to bring their ideas, energy, and creativity to the table to shape solutions for a healthier, more vibrant, and sustainable Lake Tahoe.
Working together can be hard, of course. But we’ve built a spirit of collaboration at Lake Tahoe and it’s growing. Through it we are achieving things that once seemed impossible, things that we could never achieve working on our own.
South Lake Tahoe Police Sgt. Travis Cabral graduates from leadership institute
Submitted by paula on Mon, 01/28/2019 - 10:42pm
SOUTH LAKE TAHOE, Calif. - The job of a police sergeant is a multi-faceted one as they play many different roles in the course of an average day with expectations they excel at each of them at all times.
An article on PoliceOne.Com calls the sergeant a police force's MVP, one who leads by example, enforces agency policies and procedures, and communicates and supports agency policy, all while being the linchpin between the community, management, and line personnel.
Lake Tahoe real estate market news
Submitted by paula on Fri, 01/04/2019 - 9:16am
Looking at the economic news is enough to give you pause with rising interest rates, stock market volatility and real estate experiencing declining sales numbers and the reduction of appreciation. Our market (Lake Tahoe) will see a small negative impact from interest rates as they affect affordability but the last item, equity growth, will impact our market the greatest. The public is staying in their homes for a longer period historically and supported through the increase in remodeling, appliance and flooring sales.
South Lake Tahoe and medical community mourn loss of Dr. Stephen Bannar
Submitted by paula on Thu, 12/13/2018 - 5:11pm
SOUTH LAKE TAHOE, Calif. - Many in the community were just getting their day underway on Thursday when they heard of the passing of Dr. Stephen Bannar, a respected orthopedist whose talent was known beyond the borders of our country.
US 50/South Shore Community Revitalization Project approved by TRPA
Submitted by paula on Thu, 11/15/2018 - 7:09pm
LAKE TAHOE, CA/NV - It's been 38 years in the making. On Thursday, November 15, 2018, the Tahoe Regional Planning Agency (TRPA) Board of Directors unanimously approved the final joint environmental document for the US 50/South Shore Community Revitalization Project, also known as the "Loop Road."
Last week, the board of the Tahoe Transportation District (TTD) unanimously approved the same document, the final Environmental Impact Statement (EIR/EIS/EIS).
Former City Manager Nancy Kerry honored with proclamation and party
Submitted by paula on Wed, 11/14/2018 - 12:26pm
Nancy Kerry has been gone from her position as the city manager of South Lake Tahoe since March, but she finally got the credit due for her many accomplishments and contributions during a standing room only celebration Tuesday evening.
Over 75 community leaders came together to present Nancy with a proclamation signed by both Mayor Wendy David and Mayor Pro Tem Tom Davis, their last official act with the City.
The list of tributes spoken during the evening is a lengthy one.
