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 …
Read More »Toy drive has record year
Children’s Fund, a nonprofit that serves underprivileged children in San Bernardino County, posted record numbers during its most recent toy drive. The agency’s 29th annual Celebration of Giving campaign gathered nearly 33,000 gifts that were distributed during the holiday season, according to a statement on the organization’s website. That was …
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IE Business Daily Business news for the Inland Empire.