Story | Dec 3, 2010 | 7:00 PM
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Story | Nov 29, 2010 | 8:36 PMMid-summer, I wrote that the city of Newport Beach intended to use Build America Bonds (BAB) to finance the new City Hall project, and that in doing so the city was increasing the size of the federal deficit because the federal government subsidized 35% of the interest payments on BABs. In response, Mayor Keith Curry indicated that I was wrong because the federal government assumed that its 35% interest rate subsidy would be repaid because buyers of those bonds would pay income tax on the taxable interest paid on BABs.
Story | Dec 4, 2010 | 6:33 PM
You've got to grudgingly admire Facilities Management West's moxie. The winning bidder to buy the 150-acre Orange County Fairgrounds property in Costa Mesa (at a bargain basement $20 million down and $80 million paid over 40 years) has gone for what...
Story | Dec 6, 2010 | 8:20 PM
Some follow-ups on recent columns: Mystery Solved? I received an interesting e-mail from a veteran private pilot who gave one possible explanation for the single-engine plane crash in Newport Beach's Back Bay that killed three people. In a recent...
Story | Dec 7, 2010 | 10:33 PM
Editor's note: This corrects Wendy Leece's former title and who gave her a nomination and who seconded the motion. COSTA MESA — Councilman Gary Monahan was named mayor after the swearing-in of the two new City Council members Tuesday night. On a...