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Ventura Port District

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CALIFORNIA | LOCAL
August 20, 1993 | PEGGY Y. LEE
Ventura Port District officials voted Thursday to file for bankruptcy today, following a state Supreme Court decision not to hear a case appealed by the district in hopes that it could avoid payment of a $15.6-million judgment. The judgment was awarded to Ocean Services, a bankrupt development company that successfully sued the port district for not acting in good faith during negotiations about development of Ventura Harbor Village.
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CALIFORNIA | LOCAL
September 21, 2005 | Gregory W. Griggs, Times Staff Writer
A Santa Monica developer has sued the city of Ventura, claiming its new municipal design guidelines could derail a $60-million residential and retail complex at the harbor six years in the planning. The development calls for a 300-unit apartment complex, 20,000 square feet of retail shops and a 104-slip marina. It's projected that the development would boost revenues for the financially struggling Ventura Port District by more than 10%.
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BUSINESS
August 31, 1993 | Jack Searles
Moody's Investor's Service has suspended its Baa rating on the general obligation bonds of the Ventura Port District. The district, which owns land and boat slips at Ventura Harbor in Ventura, recently filed a Chapter 9 bankruptcy petition. It's reportedly the first time a public agency in the county has filed for bankruptcy protection. District officials are faced with a $15.
CALIFORNIA | LOCAL
July 21, 2001 | TIMOTHY HUGHES, TIMES STAFF WRITER
Free electricity. It's a perk enjoyed by private and commercial boat owners at the Ventura Harbor Village Marina for as long as anyone can remember. And it's about to end. The statewide power crunch that has swelled monthly electricity bills for residents and business owners has forced the Ventura Port District to end its longtime practice of paying monthly energy bills for boats docked at the 167-slip marina.
CALIFORNIA | LOCAL
November 23, 1995 | TRACY WILSON
Ventura Port District General Manager Richard W. Parsons is resigning after 13 years in the position. He will step down Feb. 21. Parsons gave the district's commissioners 90 days' notice Tuesday, telling them he believed they were headed in a different direction from the board in terms of how the district should be run, Chairman Ernest Thorpe said. "Fundamentally, he feels that he and the board of commissioners are taking different viewpoints," Thorpe said.
CALIFORNIA | LOCAL
October 21, 1993 | PEGGY Y. LEE
A $36-million claim against the Ventura Port District was rejected Wednesday by port commissioners, who dismissed the claim by a Chatsworth businessman as frivolous. Victor Sampson, owner of the Don Ricardos Management Co., contended that officials failed to honor an agreement and mishandled the way they awarded the new lease of the Harbortown Marina Resort Hotel.
CALIFORNIA | LOCAL
October 1, 1993 | BARBARA MURPHY
The Ventura Port District has lost a court bid to force an insurance company to take responsibility for a multimillion-dollar judgment against the district. The state Court of Appeal in Ventura ruled on Wednesday that Fireman's Fund Insurance Co. was legally justified when it refused to defend the port district in a lawsuit brought by a former developer that went bankrupt while trying to build the Ventura Harbor Village.
CALIFORNIA | LOCAL
October 21, 1992 | PEGGY Y. LEE
The Ventura Port District is scheduled tonight to approve $175,000 in cuts from the district's $2.07-million revised budget. "It's not catastrophic," said district General Manager Richard Parsons. No one will be laid off and most of the savings will come from allowing vacant positions at the Harbor Patrol to remain unfilled, Parsons said. "We'll have shifts when we only have one person on duty," he said. "We don't like to do that, but we're being forced into it."
CALIFORNIA | LOCAL
May 1, 1996 | TRACY WILSON, TIMES STAFF WRITER
A city committee has recommended replacing a controversial Ventura Port District commissioner and appointing three new ones to steer the bankrupt agency into smoother seas. Anticipating the moves, Commissioner Robert "Nick" Starr said he asked that his name be withdrawn for reappointment after serving a four-year term.
CALIFORNIA | LOCAL
February 16, 2001 | MATT SURMAN and MAURA DOLAN, TIMES STAFF WRITERS
In a decision involving a Ventura Harbor marina development bankruptcy, the state Supreme Court said Thursday that local governments cannot be forced to pay for lawsuit settlements by raising property taxes. Taxpayer advocates praised the decision, saying that a ruling favorable to the Ventura Port District's creditors would have paved the way for tax increases statewide and virtually overturned portions of Proposition 13, which limits property tax increases.
CALIFORNIA | LOCAL
September 2, 1999
The Ventura Port District, which has been desperately trying to come up with ways to draw more visitors to Ventura Harbor, has recently implemented fees for parking at the harbor parking lots. This move would seem to counter its efforts to increase visitation. This area has been one of the few areas in the city where people can spend some time at the beach without incurring any expense. With Channel Islands Harbor offering a similar experience just a few miles away without the parking fees, why would visitors come to Ventura Harbor?
CALIFORNIA | LOCAL
August 11, 1999 | ROSEANN LANGLOIS
A former port commissioner will be paid $125 an hour to help the Ventura Port District find and secure grant funding to ease the hardship of a 30-year, $15-million bankruptcy payoff. Jean Getchell, who served on the commission from 1996 until her term expired in May, will work 10 hours a week. She will also be reimbursed each month for long-distance telephone calls and for travel expenses. Port Commissioner Monty Clark said Getchell was an obvious choice for the task.
CALIFORNIA | LOCAL
June 13, 1999 | MASSIE RITSCH
The property manager of the Ventura Port District will become its general manager July 1, overseeing a newly consolidated district and receiving a higher salary for the job's expanded responsibilities. Oscar Pena had been appointed general manager by the Port District Commission. He will be paid $103,000, almost $20,000 more than his predecessor, Ed Wohlenberg, who resigned in March.
CALIFORNIA | LOCAL
April 2, 1999 | MASSIE RITSCH, SPECIAL TO THE TIMES
Ventura Port District General Manager Ed Wohlenberg has resigned his $84,660-a-year job, just days after port commissioners put him on leave. The Board of Port Commissioners announced Wohlenberg's resignation Wednesday night after a closed session preceding its monthly meeting. He will remain on paid leave until April 8. Board Chairman Gary Jacobs would not say why Wohlenberg resigned. Wohlenberg, who did not attend the meeting, could not be reached for comment Thursday.
CALIFORNIA | LOCAL
September 21, 1998 | GARY POLAKOVIC, TIMES STAFF WRITER
From the second floor of the Channel Islands National Park headquarters, a vivid imagination is needed to envision a new environmental education center on a 2-acre lot at the entrance to Ventura Harbor. The site is cluttered with slabs of busted concrete, jetty supports standing like towering chess pieces, and outhouses. The islands are lost in a curtain of fog. But in her mind's eye, Carol J.
CALIFORNIA | LOCAL
March 12, 1998 | TROY HEIE, SPECIAL TO THE TIMES
A federal bankruptcy court in Santa Barbara has approved a plan that will allow the Ventura Port District to begin to pay off more than $22 million in debt. Judge Robin Riblet's decision Tuesday paves the way for the sale of $15.2 million in revenue bonds by the district, with most of the proceeds going to pay creditors, said Edward G. Wohlenberg, general manager of the port district. Port officials contacted bond experts in September to hash out a plan to retire their debt.
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