Monday, April 16, 2012

Camden targets blighted buildings for demolition | Courier-Post | courierpostonline.com

Camden targets blighted buildings for demolition | Courier-Post | courierpostonline.com
CAMDEN — The city is plagued by thousands — estimates are between 3,000 and 5,000 — of abandoned buildings, the result of decades of depopulation and disinvestment.
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And lots of them are about to be destroyed.

Dan Walters: Stockton not only California government in financial distress - Dan Walters - The Sacramento Bee

Dan Walters: Stockton not only California government in financial distress - Dan Walters - The Sacramento Bee

Mammoth Lakes, one of the state's smallest cities, is going through the same process as Stockton, having lost a big lawsuit, and if it can't work out a payment plan for the judgment, it's probably headed to bankruptcy court.
A number of school districts have been listed by the state as being in fiscal distress, some facing the prospect of state receivership. And cities large and small throughout the state, especially those that overspent housing bubble revenue, are likewise in trouble – including the largest, Los Angeles.
The city's top administrator, Miguel Santana, used the B-word this month as he reported a large and increasing deficit in the Los Angeles budget, terming it "crisis mode" that could require privatization of some city services, layoffs of employees and new taxes to relieve.
"We're facing the complete devastation of city services, including public safety," Santana told theLos Angeles Times.
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Thanks to Fred Pilot for this link. I was in Pasadena from Friday to Sunday for my mother's 90th birthday, and it is remarkable how successfully Pasadena has redeveloped its downtown. But as we can see, many California cities are in an increasingly desperate situation.

Excite News - US home-buying season finally signaling a recovery

Excite News - US home-buying season finally signaling a recovery

WASHINGTON (AP) - Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to a long-awaited recovery.
Reduced prices, record-low mortgage rates, higher rents and an improving job market appear to be emboldening many would-be buyers. Open houses are drawing crowds. A wave of foreclosures is leading investors to grab bargain-priced homes.
And many people seem to have concluded that prices won't drop much further. In some areas, prices have begun to tick up.
Interviews with more than two dozen potential buyers, sellers, brokers, Realtors and economists suggest that confidence is up and that sales will move slowly but steadily higher.
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U.S. Standard of Living Has Fallen More Than 50%: Opinion - TheStreet

U.S. Standard of Living Has Fallen More Than 50%: Opinion - TheStreet
 In fact, Western wages have plummeted so low that a two-income family is now (on average) 15% poorer than a one-income family of 40 years ago.
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Man on kayak trying to keep geese away drowns after he falls into pond and swan attacks him | Mail Online

Man on kayak trying to keep geese away drowns after he falls into pond and swan attacks him | Mail Online

A man died after he fell off a kayak into a pond and a swan attacked him.
Anthony Hensley, 37, drowned on Saturday after the swan he was checking as part of his job at a condominium complex in Cook County, Illinois charged at him.


Read more: http://www.dailymail.co.uk/news/article-2130244/Man-kayak-trying-geese-away-drowns-falls-pond-swan-attacks-him.html#ixzz1sCeAv19f

Sunday, April 15, 2012

Energy company refuses to recognize HOA authority

In 2003, she said, the HOA approved a resolution to assess a $5,000 bond against any trip across Grass Mesa roads by vehicles weighing more than 75,000 pounds. The resolution was formally recorded with the Garfield County Clerk in 2004.

Encana, however, is refusing to recognize the resolution.

“This was never agreed to and was dropped,” Hock wrote on April 10, referring to the resolution.

“They don't have to agree to anything,” Brock said. “It's a resolution for all the owners up there,” She noted that Encana has purchased five lots in the Grass Mesa subdivision.
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Unfortunately, we don't recognize HOAs as a legitimate form of local government. Go pound sand.