Archive | Economy

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Our View: Montebello needs simple Volkswagen

Posted on 23 January 2012 by admin

“It’s absolutely insane,” the council’s lone dissenting vote, Christina Cortez, said of the deal. Continue reading

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From Occupy Best Buy to Occupy LA in a Day

Posted on 27 November 2011 by admin

Josef Bray-Ali is the owner of Flying Pigeon Bike Shop in Higland Park and a longtime Continue reading

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Cash-strapped Montebello receives loan

Posted on 14 November 2011 by admin

For months, officials in Montebello have worried that they might run out of cash by the fall, or be forced to make drastic cuts to stay in business.

But on Thursday, officials in the beleaguered city announced that it had gotten a $2.5-million loan as it seeks to get back on firm financial footing.

The loan must be paid back by June, said interim City Manager Larry Kosmont… Continue reading

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Don’t Subsidize Big Boxes at Local Shops’ Expense

Posted on 10 September 2011 by admin

Sifting though the postmortem news of Borders Group’s demise Continue reading

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Supreme Court Punks Montebello Dentist

Posted on 06 September 2011 by 2Φ3Σ27Φ (\)λ√λ22Φ.·.

Dr. Honsy Benjamin was counting on city Redevelopment Agency financial aid to subsidize $16,200 for storefront improvements Continue reading

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Legislation: There’s no more critical issue to our state than to improve the job market

Posted on 02 September 2011 by admin

Legislation to reform California’s regulatory system and establish a new Continue reading

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Montebello’s Financial Future Rests on $3.9M Loan

Posted on 29 August 2011 by admin

At the current rate, Montebello will run out of money in October. Because of Continue reading

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Pico Rivera VFW Post 7734 raises money for veterans

Posted on 27 August 2011 by admin

Vietnam veteran Philip Laniz remembers a time when returning vets were not readily Continue reading

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Montebello acts to keep HUD funds

Posted on 04 August 2011 by admin

City officials recently selected a developer to build a potential $1.3 million project paid for by Continue reading

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Montebello moves forward on fiscal recovery plan

Posted on 28 June 2011 by admin

 

In a move Councilman Frank Gomez described as a Hail Mary pass, the City Council on Wednesday adopted a balanced operating budget for 2011-12 and moved forward on a fiscal recovery plan.

With just days left to bid for and secure a loan to keep the city from running out of cash, the council voted… Continue reading

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