Round 1 Bowling and Amusement, a family-oriented entertainment center, is coming to Temecula. The company plans to open a 50,000-square-foot facility on the first floor of the Sears building inside the Promenade Mall, according to a statement on the city’s website. The entertainment center is expected to open during the …
Read More »The Infamous “30 Day Cleanup” Bank Line of Credit Requirement
By Eugene E. Valdez AKA The Loan Doctor In all of the years that I was in commercial banking and there were many (30 years to be exact) one of the dumbest loan conditions I had to impose was that of the “30 day cleanup” with regards to a revolving …
Read More »Ruling in water dispute favors Apple Valley
A San Bernardino County Superior Court judge has ruled for Apple Valley in its bid to purchase the Apple Valley Ranchos Water Co., which supplies water to about two-thirds of the High Desert town. Judge Donald Alvarez on Tuesday declared that Apple Valley “fully complied” with the California Environmental Quality …
Read More »Moreno Valley to participate in national competition
Moreno Valley is one of 35 cities named to the finals of The U.S. Mayor’s Challenge, a national competition sponsored by Bloomberg Philanthropies to promote good government. City officials will participate in a six-month “test phase,” during which they will develop programs designed to solve some of Moreno Valley’s most …
Read More »Omintrans’ passenger count goes up
Omnitrans’ passenger boardings were up 1.7 percent in January, the San Bernardino County transit agency’s largest year-over-year passenger gain in more than three years. That growth was lead by an increase in freeway express routes – 14.2 percent – and the sbX bus rapid transit line, which rose 4.5 percent, …
Read More »Riverside apartment complexes change hands
Two apartment complexes in Riverside have been sold. The properties – a total of four buildings – sold to local private investors for a combined $10.3 million, CBRE announced Tuesday. The La Paz/Las Palmas apartments are at 2032 and 2052 Linden St. The second property, Cazador’s Court, is at 3461-3471 …
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