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- City Council Meeting
Oxnard City Hall, 305 W. Third St. –
Tues., May 13, 7 p.m.
- I1: Classification of Chief Financial Officer
- I3: MOU formalizing the California Cities Gang Prevention Network.
- I4: $4,154,439 to Gold Coast Transit
- I5: Prohibition of Possession of Alcohol in City Parks
- I6: Sale of 12 lots located on Reef Way in the Oxnard Shores area to Elevar Seven, LLC
- I7: Sale of real property located in Kern County for $3,996,000
- I8: Prohibiting the Sale, Offer to Sell, Use or Possession of Fireworks
- I9: Administration of the Certified Unified Program Agency
- I10: Agreement with SEIU Local 721 Establishing Conditions of Recognition
- I11: MOU with IUOE, Local 501
- I12: $950,000 for legal fees associated with the Affholder United States District Court Case
- O1: Status Report on Demolition of Old Oxnard High School Site
- O2: Development of Sports Park Site at 100 E. Gonzalez Rd.
- O3: Housing Legislative Program for FY 08-09
(May be viewed live on TWC Channel 10 and
via streaming video - MS Media Player).
FNNC General Meeting
Wed., May 14, 2008, 7 p.m., Rusty's Pizza Parlor, 606 N. Ventura Rd.
• Beat Officer's Report
• Guest Speaker: Mayor Thomas E. Holden
• New trash receptacles and scheduling
• Need for stoplight/signs at Glenwood Dr. & M St.
• Traffic Issues
• How to get folks interested in our neighborhood council?
• FNNC's website — Get your info here!
• Let's put "community" back into our community
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- Community Workshop
Community Room, 300 W. Third St. –
Mon., May 19, 6 p.m.
- TSM to convert Royal Palms Mobile Home Park from rental to condos.
- ZC/SUP to permit church properties and for a T-Mobile wireless installation in its steeple at 936 W. 5th St.
- SUP/TSM/GPA/ZC/SPA for shopping center at SW corner of Gonzales Rd. and Rose Ave. The SUP would allow a Walgreen's drive-through pharmacy and to allow the sale of alcohol at a Fresh and Easy Neighborhood Market.
Channel Islands Harbor
Harbor View Park
Sunday, June 8, 2 p.m.
'Rumplestiltskin'
Annie wants to be a princess but she can't spin straw into gold! Find out how Annie manages to woo the prince, spsin straw into gold and a little extra something.
College Park
3250 S. Rose Ave.
Saturday & Sunday, May. 17 & 18
10 a.m. to 6:30 p.m.
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Mortgage companies reveal
damage from housing crisis
Broad damage in the mortgage industry was in full view Monday as a number of companies posted dismal first-quarter earnings, but there were also some hope that the worst of the housing crisis is over. Investors bid up shares of mortgage lenders and insurers despite billions in losses from a sustained housing downturn in the U.S. Shares of Bond insurer MBIA Inc., and mortgage insurers PMI Group Inc. and Radian Group Inc. all rose in afternoon trading, though shares of lender IndyMac Bancorp Inc. tumbled nearly 10 percent after warning of a rough year ahead. The Pasadena, Calif.-based lender lost $184.2 million, or $2.27 per share, during the first quarter. First-quarter losses included credit costs and losses of $249 million tied to a decline in the value of mortgage-backed bonds. Mortgage lenders and insurers have been stung since the middle of 2007 by a deep slump in home sales, plunging home prices and a spike in mortgage defaults.
— AP – 200805121338
• Area Home Prices — FNNC
• Full Coverage: Southland Housing Market — LAT
• Full Coverage: The Housing Market — Reuters
• The beginnings of a meltdown: Part 1 – Part 2 – Part 3 – Part 4 – Part 5
• Foreclosure Crisis — Sen. Boxer
• Calif. man losing nine homes in mortgage mess — Reuters – 200805111021
• Housing crisis spiraling to people's stuff — UPI – 200805110610
• Trying to survive a sub-prime squeeze — LAT – 20080511
• Losing a Home, Then Losing All Out of Storage — NYT – 20080511
• Mortgage Holders Find It Hard to Walk Away — NYT – 20080510
• Mortgage credit losses could total $500 bln — Reuters – 200805101225
• Housing aid bill faces Bush veto — AP – 200805090653
• Fifty ways to leave your lender — LAT – 20080509
NATIONAL AND WORLD BREAKING NEWS
UPI Sports • Reuters Business • AP Health • VCS Local Sports
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More News Links . . .
Censorship, like charity,
should begin at home;
but, unlike charity,
it should end there.
—
Clare Booth Luce (1903 - 1987)
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