Valencia Co

A senior citizens condominium project received tentative approval from Los Angeles County supervisors, but only after developers promised that the condos would be occupied by people over the age of 55. During a hearing Thursday on an environmental review of the Valencia Co.'s proposal to construct 192 condos on Bouquet Canyon Road near Newhall Ranch Road, one neighbor asked the board to ensure that the project remain for seniors only. A representative of Valencia Co.

Despite years of opposition from environmentalists, Los Angeles County supervisors on Tuesday unanimously approved a 2,545-unit housing development on the banks of San Francisquito Canyon Creek. The action grants the Valencia Co. permission to grade a 966-acre canyon area into neighborhoods for houses, condominiums, apartments and a shopping center. The development includes a 15-acre park and sites for elementary and middle schools.

Despite years of opposition from environmentalists, Los Angeles County supervisors on Tuesday unanimously approved a 2,545-unit housing development on the banks of San Francisquito Canyon Creek. The action grants the Valencia Co. permission to grade a 966-acre canyon area into neighborhoods for houses, condominiums, apartments and a shopping center. The development includes a 15-acre park and sites for elementary and middle schools.

Valencia Water Co. will raise rates by 30% in 1995 because of earthquake repairs and increased operating costs, a move that surprised many residents who said Thursday they had no idea the increase was being considered. About one-third of the increase is needed to repair items such as three tanks, with a total capacity of 2 million gallons, that ruptured in the Jan. 17 Northridge earthquake, said Bob Diprimio, managing director of the water agency.

The largest developer in the Santa Clarita Valley has agreed to pay $94,600 and plead no contest to charges of illegally altering the Santa Clara riverbed and jeopardizing the habitat of two endangered species. Valencia Co., a division of The Newhall Land & Farming Co.

Estimates of smoke damage to clothing and other merchandise range from $30,000 to $150,000 as a result of a fire Aug. 17 in an air-conditioning unit atop a May Co. department store that will open next month in Valencia, officials said Monday. Los Angeles County Fire Department officials estimated damage to the store's contents at $150,000 after firefighters extinguished the blaze at the Valencia Town Center, the Santa Clarita Valley's first major shopping mall, which will open Sept. 24.

Valencia Water Co. will raise rates by 30% in 1995 because of earthquake repairs and increased operating costs, a move that surprised many residents who said Thursday they had no idea the increase was being considered. About one-third of the increase is needed to repair items such as three tanks, with a total capacity of 2 million gallons, that ruptured in the Jan. 17 Northridge earthquake, said Bob Diprimio, managing director of the water agency.

Valencia Co., developer of Valencia Industrial Center, reports record 1988 land sales of 70 acres for $27.5 million, up 145% from 1987.

William R. Rattazzi has been appointed president and chief operating officer of Calprop Corp., a Los Angeles-based residential development firm. Before joining Calprop, Rattazzi served as vice president of Newhall Land & Farming and as senior vice president of residential development for Valencia Co., a division of Newhall Land.

A senior citizens condominium project received tentative approval from Los Angeles County supervisors, but only after developers promised that the condos would be occupied by people over the age of 55. During a hearing Thursday on an environmental review of the Valencia Co.'s proposal to construct 192 condos on Bouquet Canyon Road near Newhall Ranch Road, one neighbor asked the board to ensure that the project remain for seniors only. A representative of Valencia Co.

Estimates of smoke damage to clothing and other merchandise range from $30,000 to $150,000 as a result of a fire Aug. 17 in an air-conditioning unit atop a May Co. department store that will open next month in Valencia, officials said Monday. Los Angeles County Fire Department officials estimated damage to the store's contents at $150,000 after firefighters extinguished the blaze at the Valencia Town Center, the Santa Clarita Valley's first major shopping mall, which will open Sept. 24.

The largest developer in the Santa Clarita Valley has agreed to pay $94,600 and plead no contest to charges of illegally altering the Santa Clara riverbed and jeopardizing the habitat of two endangered species. Valencia Co., a division of The Newhall Land & Farming Co.

A citizens advisory committee Monday approved a report recommending $339 million in road improvements in the Santa Clarita Valley, despite objections from a developer and transportation planners who said the document exaggerates future traffic problems. The report is to be used by the Santa Clarita City Council, along with state and Los Angeles County transportation agencies, to plan road projects. The Southern California Assn. of Governments study was a year in the making.

Los Angeles County planning commissioners agreed Wednesday to let the Santa Clarita Valley's largest developer abandon its promise to set aside 447 houses for moderate-income families in Valencia. In return for release from the agreement, Valencia Co. will provide 547 housing units elsewhere in the valley, 100 more than the original agreement. But they will be mostly condominiums--472 units with one or two bedrooms--contrasted with the original promise to provide 447 individual houses with two or three bedrooms each in the new Northbridge tract.