October 4, 1994 |
Packard Bell is on the verge of sewing up a deal to relocate to Sacramento that seems almost too good to be true: Above and beyond a $5-million tax break granted by the Legislature, the computer manufacturer is about to be offered a $26-million loan by the city. City officials say they've never before handed a pot this sweet to a company--especially a marketing operation with little in the way of heavy capital assets to pledge as collateral--but they believe this case warrants the risk.
January 30, 1990 |
Millie Aure, tending the counter of the pizza parlor she bought last June, tried to envision what business would be like if the Alameda Naval Air Station, located 100 yards away, closed. "Oh, my goodness, it's going to be dead," she said Monday as a sailor and two sons of sailors ate in her small restaurant. Aure, who runs the establishment with relatives, said she never would have made the investment if she had known the air station might close.
October 6, 1994 |
Packard Bell Confirms Move to Sacramento: Packard Bell Electronics for the first time confirmed publicly that it will move from Westlake Village to the Sacramento Army Depot, barring any last-minute complications. The announcement came after the Sacramento City Council on Tuesday night, as expected, approved a generous $26-million loan package for the computer maker. The move is one more in a series of blows to the San Fernando Valley's job base.
CALIFORNIA | LOCAL
June 3, 1986
Los Angeles attorney Gloria Allred and Security Pacific National Bank were among 19 individuals, groups, organizations and corporations honored Monday by President Reagan for their volunteer work. Allred won a Presidential Volunteer Action Award for her part in setting up Project Amnesty, last year's pilot project in several California counties that allowed fathers to make good on delinquent child-support payments.
July 11, 1991 |
President Bush on Wednesday approved the recommendations of an independent commission to close 34 military installations across the country, including seven major sites in California, and forwarded the paperwork to Congress. Signing a letter of transmittal, Bush praised the panel and said he had decided on "a total acceptance" of the work that its members completed 10 days ago. "Any time you close a base someplace, you're going to have people in that district or that state raise Cain about it.
January 29, 1990 |
Defense Secretary Dick Cheney today proposed closing or realigning about 60 military bases in the United States and 12 installations overseas as part of a cost-saving effort. "These proposed actions are part of an ongoing effort to streamline Defense Department operations in keeping with changing requirements and future budget realities," Cheney told Capitol Hill lawmakers in a letter that accompanied his list. Ten of the bases recommended for closure are in California, including Ft.