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While for years Newhall Ranch had been a vast expanse of nothingness save the occasional head of cattle or the newly drilled oil derrick, by the 1950s, tracts of homes began sprouting throughout the valley. Town centers in Newhall and Saugus were already established along the rail line. All the main north-south water, gas and electricity lines passed through Santa Clarita on their way south. With the expansion of Highway 99 into Interstate 5, Santa Clarita was connected with all of Southern California. The Santa Clarita Valley and all Newhall Land's holdings within it were truly prime for a residential real estate boom.
I recently experienced a pair of SCV moments I now believe must be inherent to anyone who lives more than few years in the Santa Clarita Valley. The first occurred while I was at the mall with my wife and two young daughters. By my rights, it should have been the kind of satisfying moment a husband and father works for. Flush from the pleasure of a Saturday afternoon at the movies, the four of us weaved through the crowded plaza in front of Borders Books, eager to punctuate a fine day with a meal out.
Attention all police officers, firefighters and teachers: How would you like to live on 50 percent of what you live on now? While the state of your current pension plans appear to have improved, it was only a few years ago there was talk of fixing them through targeted reforms or replacing them with 401-k's. Why was there talk of reform? For three reasons that are still being felt today.
Advantage Tile Stone Design celebrated their grand opening on July 25. The business is located on the corner of Newhall Ranch Road and Copperhill Drive/Rye Canyon. Chamber of Commerce representatives joined the Gragg family for the festivities. Aimee, the family's youngest daughter, is shown here cutting the ribbon, along with her brother, Douglas.
By the late 1930s, much of the nation was still in the grips of the Great Depression. On the international front, World War II loomed. In short, this was a hardly a time to rejoice, but the owners, stockholders and staff of the Newhall Land and Farming Company did have much to celebrate. After their own battle with in the midst of the Depression, the company had emerged financially sound thanks in large part to the discovery of oil all around the valley. With reserved jubilation, the board of directors set about to reinvest these profits, ensuring a continual cycle of revenue knowing that the windfall could be short lived.
"Crash!" Peering through the window I see, and hear, that the new neighbors are putting out their trash cans for the day's regularly scheduled trash pick up. In the distance are the rumbling sounds of Jim's pick-up approaching the neighborhood. As usual, he is right on schedule for his 5:30 a.m. arrival to his home across the street.
Over the last several years, your city has spent nearly $7 million fighting the siting of a proposed mega-mining project in our valley by the Mexican-owned Cemex Corporation. It is hard to believe, but a giant gravel mine with its 16-hour-a-day blasting, 1,200 truck-trips a day, noise, dust and pollution is the plan for our beautiful community by the international Cemex Corporation.
I know, I know. Summer is here and it is time for a break. As if you didn't have enough to think about - your family, your job, vacations, your finances - here's one more item to add to your to-do list: Teach your kids about money. Why? Because the earlier you start, the sooner your kids will be able to understand important financial concepts that will affect their roles as future employers or employees. Consider this too: If you don't get it together financially, it may be your kids that will take care of you in your old age.
As Galpin Motors celebrates 60 years of serving Southern California from its base in the San Fernando Valley, the multi-franchise, world-renowned automobile enterprise continues to expand, according to Bert Boeckmann, owner-president. Galpin of Santa Clarita, located in Valencia, has just been enlarged with 1,700 additional square feet, including a new showroom to display Galpin's Lincoln, Mercury, Mazda and Volvo lines.
As the nation entered the grips of the Great Depression in 1933, the Newhall Land and Farming Company had already been through the cycle of misery. Late that year, though, the company was again turning a profit under the leadership of Atholl McBean and Stanford graduate James Finch. As profits improved through farming, the company began to experiment with alternative means of revenue.
Credit cards have been around for decades but more and more of them are changing the way they calculate the interest. It used to be that if you left a balance on the credit card you would pay interest on that amount. Led by the Discover Card, two cycle billing has become more and more common. It makes you pay interest on money you already paid off last month.
The American International Auto Dealers Association's (AIADA) 2006 Dealer of the Year award was presented to Cheri Fleming in recognition for her exceptional passion for community involvement and commitment to excellence. She was honored by Patrick Haggerty, publisher of Newsweek, at AIADA's Dealer of the Year awards ceremony at the J.W. Marriott Hotel in Washington, D.C.
It's never too early or too late to start planning to conquer the cost of college. With nearly $14 billion in scholarships being offered every year, searching for "free" money is worth your time. There are currently 2.4 million scholarships available and many of them never get a single application. Internet resources allow students to find scholarships that most never knew existed. Although finding these scholarships has become easier, it still takes effort and persistence to maximize your potential earnings. With so much scholarship money waiting to help students, there is no reason your child is not able to have a part of their college costs paid.
Following the collapse of the San Franscisquito Dam, with the loss of over 400 lives and thousands of homes, there was a crisis brewing in the Santa Clara Valley. For far too long, the Newhall Land and Farming Company had speculated on lands and investments throughout the state, shifting monies to constantly fund new endeavors. While each brought revenue to the investors and stockholders, they left great vulnerability for the company's financial health. After a decade of prosperity, later termed the Roaring Twenties, no one could have predicted the fallout of Black Monday in late October of 1929.
Inspired by the chic country cobblestone streets of the famous Beatles CD cover, Abbey Lane Cafe in Stevenson Ranch shared its quaint culinary secrets with its ravenous neighbors on April 11. The charming cafe served delicious complimentary tappas from its menu, featuring miniature meals like spicy chicken black bean tostadas, bite-sized panini sandwiches and mouth watering pastries.
Mothers and daughters. Mothers and sons. Both are special relationships and each come with the joys and challenges of child rearing. Are girls more demanding than boys? Is it better for the child if you stay at home or go to work? Breast or bottle? Cloth or disposable?
The early days of Henry Mayo Newhall ventures in California focused mainly on ranching. Farming required extensive irrigation and capital and while Newhall had the means to start farming, it simply wasn't economical. Money was made through raising horses and cattle for market in San Francisco. As times grew tougher after the death of Henry, the company began to look at alternative sources of revenue to keep the company afloat. It was in this context that oil and water surveys began to look at future potential.
It's that time of year again: flowers are blooming, birds are singing and contractor scammers are out in force. We all have a list of things we would like done to our homes to improve them in one way or another. So how do you sift your way through all the contractors out there to find the right one? I'd like to tell you that all contractors are good at heart and only focused on improving your home, but unfortunately that is not the case.
Improvements to your home can be a costly venture. If you are doing it yourself or using an outside contractor, knowing which financing method to use can save you money. In order to make the right decision, here are some questions you should ask yourself: How long is it going to take to do the entire job? What will the total cost be? Do I need money for other home improvements in the near future?
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