WHWC NC PLUM Meeting Re: Costco Gets Ugly, John Alderson “I don’t want to come here anymore.”
These videos are from the November 8th meeting of the PLUM committee. Apparently whatever changes Costco/Westfield made to the previous proposal were minimal and unsubstantial, and things got pretty ugly. Westfield’s chief snake oil salesman John Alderson’s head practically exploded in the second video. Good stuff.
Update: (insert the Unsolved Mysteries “Update” music here) Woodland Hills Warner Center Neighborhood Council member Jim Anderson tells me that there have in fact been no changes to the plan. Further, the Costco portion of the project and The Village portion of the project have been somewhat separated. In my opinion this is so that Westfield can have even less accountability when they completely fail to build The Village and all the community is left with is a big box Costco.
My question to “Done Deal” Dennis Zine, who stated that he would not vote for this plan, is, “well, now what since they refuse to change it?”
Popularity: 15%
Taft High School Gets New Friday Night Lights
I didn’t know the status of the previous light was so ghetto. This is good news to all, I’m sure.
Eric Sondheimer writes for the LA Times:
Anyone who has attended a football game at Woodland Hills Taft knows the stadium lights rank among the worst in Los Angeles.
Finally, after years of complaints, Taft is about to unveil new lighting. The new poles are in, the new concrete has been set but the wiring still needs to take place, so there will be one final game with the old lights on Friday before the new lights can be activated for the first round of the playoffs.
Former Coach Troy Starr, now the head coach at San Diego Helix, used to make fun of the near darkness, saying it gave Taft an advantage because visiting teams had trouble seeing the ball.
“That’s unbelievable,” Starr said about the new lights. “That means anything is possible in life. I may have to come and check a game out.”
But remember, there’s one final game with the old lights.
“Pull the cars up and turn on the headlights,” Coach Matt Kerstetter joked.
Popularity: 29%
FDIC Seizes Western Commercial Bank in Woodland Hills, Deposits Transferred to First California Bank
The FDIC seized four more banks on Friday. That brings the total number for 2010 to 143, the most in a year since the S&L fiasco back in the 80’s. Here’s who went down:
* K Bank based in Randallstown, MD – $538.3 million in assets
* Pierce Commercial Bank based in Tacoma, WA – $221.1 million
* Western Commercial Bank in Woodland Hills, CA – $98.6 million
* First Vietnamese American Bank in Westminster, CA $48 million.The assets and deposits were quickly gobbled up by other banks, with the FDIC and the acquiring bank splitting the losses on K Bank and Western Commercial Bank.
The size and scope of the banks that went down for the count this year are on average than those last year. However, the pace and number reflects how communities and local lending institutions are struggling to keep their commitments as more loans go sour. Last year 140 banks went under.
The average consumer is not at risk, as the FDIC guarantees deposits per account up to $250,000.
Western Commercial Bank writes on their website:
On Friday, November 5, 2010, Western Commercial Bank, Woodland Hills, CA was closed by the California Department of Financial Institutions. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts have been transferred to First California Bank, Westlake Village, CA. For more information on First California Bank, visit us at http://www.fcbank.com/.
The FDIC has assembled useful information regarding your relationship with Western Commercial Bank. Besides a checking account, you may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution.
Please select the link below to read more about this event:
FDIC Bank Closing Information for Western Commercial Bank
Online service will remain available.
Western Commercial Bank was located at 21550 Oxnard St # 100.
Popularity: 11%
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