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CALIFORNIA | LOCAL
October 6, 1987
The former treasurer of three Los Angeles County cities said Monday that he made an "honest mistake" when he placed--and lost--millions of city dollars in speculative investments. "I gained nothing but a lot of headaches," said Ray Wood. "I have been in this field for 30 years and have had nothing like this happen before."
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CALIFORNIA | LOCAL
October 10, 1995 | RUSS LOAR
After a three-month search for a new city manager, City Council members have turned inland for the beach city's top job, hiring San Marino City Manager Keith Till. The Seal Beach City Council approved the choice Monday night. Till, 42, has helped guide San Marino through difficult economic times during his five years as city manager, according to Seal Beach Councilman George Brown. "He inherited a lot of problems when he came into San Marino," Brown said.
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NEWS
October 3, 1987 | TIM WATERS and GEORGE STEIN, Times Staff Writers
Three Los Angeles County cities--San Marino, Lawndale and Palmdale--could lose nearly $8 million because of speculative investments made by their treasurer, city officials said Friday. Officials in all three cities said they will ask the county district attorney to investigate whether the investments were legal. The treasurer, Ray Wood, could not be reached for comment. Officials said they had no knowledge that he personally profited from the investments.
CALIFORNIA | LOCAL
July 21, 1993 | MARTIN MILLER
The city has hired John T. DeMonaco Jr. as its new fire chief. DeMonaco, 46, chief of the San Marino Fire Department, will start Aug. 2. DeMonaco inherits a department in the midst of reorganization because of city spending cuts. The City Council adopted a 1993-94 budget calling for the elimination of a firetruck and a reduction in Fire Department personnel from 74 to 68.
CALIFORNIA | LOCAL
October 10, 1995 | RUSS LOAR
After a three-month search for a new city manager, City Council members have turned inland for the beach city's top job, hiring San Marino City Manager Keith Till. The Seal Beach City Council approved the choice Monday night. Till, 42, has helped guide San Marino through difficult economic times during his five years as city manager, according to Seal Beach Councilman George Brown. "He inherited a lot of problems when he came into San Marino," Brown said.
CALIFORNIA | LOCAL
July 21, 1993 | MARTIN MILLER
The city has hired John T. DeMonaco Jr. as its new fire chief. DeMonaco, 46, chief of the San Marino Fire Department, will start Aug. 2. DeMonaco inherits a department in the midst of reorganization because of city spending cuts. The City Council adopted a 1993-94 budget calling for the elimination of a firetruck and a reduction in Fire Department personnel from 74 to 68.
CALIFORNIA | LOCAL
October 6, 1987
The former treasurer of three Los Angeles County cities said Monday that he made an "honest mistake" when he placed--and lost--millions of city dollars in speculative investments. "I gained nothing but a lot of headaches," said Ray Wood. "I have been in this field for 30 years and have had nothing like this happen before."
NEWS
October 3, 1987 | TIM WATERS and GEORGE STEIN, Times Staff Writers
Three Los Angeles County cities--San Marino, Lawndale and Palmdale--could lose nearly $8 million because of speculative investments made by their treasurer, city officials said Friday. Officials in all three cities said they will ask the county district attorney to investigate whether the investments were legal. The treasurer, Ray Wood, could not be reached for comment. Officials said they had no knowledge that he personally profited from the investments.
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