Fri03062015

News

Council considers freezing First St. development

Council considers freezing First St. development


Megan V. Winslow/Town Crier
A pedestrian walks along First Street in downtown Los Altos last week. Future construction on the street could soon be barred by an emergency moratorium on development.

Further construction along First Street could...

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Schools

Santa Rita students put on Kranky Kids Radio Show

Santa Rita students put on Kranky Kids Radio Show


Traci Newell/ Town Crier
Neighborhood volunteer Lishka DeVoss, center, introduces members of Santa Rita School’s Kranky Kids Radio Club to their interviewee last week. The students star in the Kranky Kids Radio Show, which airs Fridays on KZSU.
...

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Community

Music for Minors partners with Harvard to expand efforts

Music for Minors partners with Harvard to expand efforts


Palmer

When the thriving Music for Minors began to outgrow its capacity, the local nonprofit organization made new friends.

Beginning in late February, Music for Minors – a Town Crier Holiday Fund recipient – partnered with Harvard Business Sch...

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Sports

Eagles make school history

Eagles make school history

Ellie Van Houtte/Town Crier
The Los Altos High School Eagles defeated Santa Clara High School Tuesday to advance to the Central Coast Section basketball finals Saturday.

The Eagles are headed where no Los Altos High boys basketball team has gone...

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Comment

Dangerous streets: A Piece of My Mind

I’m driving along El Monte Avenue between Foothill Expressway and Springer Road at approximately 6 p.m. on a midwinter evening. In keeping with the “village feeling” of our town, there are no sidewalks and no streetlights.

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Special Sections

Lions, lambs and Cab Franc for March

Lions, lambs and Cab Franc for March


Christine Moore/Special to the Town Crier
Oven fries, a slice of feta cheese and the bite of harissa mayonnaise make for a late-winter, early-spring dinner perfectly paired with Cabernet Franc.

I can’t help but wonder whether March will come in ...

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Business

Los Altos scientist named Inventor of the Year

Los Altos scientist named Inventor of the Year

Alicia Castro/Town Crier
Robert Showen, above, the Silicon Valley Intellectual Property Lawyers Association’s Inventor of the Year, began researching his ShotSpotter technology in his Los Altos home. Sensors are placed around a city, below, and fou...

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Books

French novel

French novel "Hunting and Gathering" offers character-driven suspense


Anna Gavalda is a well-known author in her native France, where she has published six books, most of which have met with considerable praise and commercial success. Her fourth novel, “Hunting and Gathering” (Riverhead Books, 2007), is filled ...

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People

JACK JOSEPH CRANE

JACK JOSEPH CRANE

Long time Los Altos resident, Jack Joseph Crane, loving husband and devoted father of two children, passed away peacefully at the Terraces in Los Altos, Saturday, February 21, 2015. He was 95 years of age. Jack was born on June 22, 1919. He is prec...

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Travel

Seoul of the city: Korean capital offers mix of old and new

Seoul of the city: Korean capital offers mix of old and new


Ramya Krishna/Special to the Town Crier
Seoul’s Cheonggyecheon public recreation space, above, features an elevated pedestrian bridge.

Seoul, South Korea, is a study in contrasts. Having grown quickly, the city is a mix of old and new.

Using...

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Stepping Out

TheatreWorks jumps into ‘Lake’

TheatreWorks jumps into ‘Lake’


Kevin Berne/Special to the Town Crier
Jason Bowen, from left, Adam Poss and Nilanjana Bose star in “The Lake Effect,” opening this weekend at the Lucie Stern Theatre in Palo Alto and running through March 29.

The TheatreWorks production ...

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Spiritual Life

Is your thought life sabotaging your spiritual journey?

My computer started having problems – there seemed to be some sort of malware running in the background. At first it was just annoying, then it began to slow down my computer, interfering with its basic operations. What is it doing? Why can...

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Magazine

Local events serve up family fun

Local events serve up family fun


Courtesy of Peninsula Youth Theatre
Peninsula Youth Theatre’s production of “Pecos Bill: A Tall Tale” is slated to open March 20 in Mountain View.

For families seeking a break from the daily routine, events abound this month and next in Los Alto...

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County assessor sees rise in local property taxes

Several thousand homeowners throughout Santa Clara County – including 1,100 in Los Altos and Los Altos Hills – should expect an increase in their property taxes, according to the Office of the County Assessor.

County Assessor Larry Stone reported that approximately 47,000 properties would see their assessed values fully restored this year following the real estate market downturn. Another 81,000 properties in the county, including nearly 750 in Los Altos, will experience a partial restoration of the assessed values, which Stone noted was a reflection of the surging residential property market.

“Unemployment has dropped to 7 percent, faster than the nation or the state. The NASDAQ is soaring. Apartment rents have reached record levels with single-family homes close behind. It was inevitable that property taxes would follow,” Stone said in a statement released June 6.

Stone said that while increases in property taxes are never welcome, this is “ good news” for the local economy – and homeowners.

“It means the value of most families’ single most valuable asset, their home, is once again regaining solid equity lost in the collapse of the residential housing market,” he said.

The news comes after 136,000 residential properties were assessed below their purchase price last year. Stone’s report noted that when the market value of a property declines below the previously established assessed value measured as of Jan. 1 each year (lien date), the assessor is required proactively to reduce the assessed value to reflect the lower market value. However, as the real estate market rebounds, the assessor must restore the assessed values.

Proposition 8, passed by California voters in 1978, mandates that property owners are entitled to the lower of the fair market value of their property (as of Jan. 1), or the base-year value as determined at the time of purchase or construction, and increased in accordance with Proposition 13 by no more than 2 percent annually.

“If a property assessment was reduced during the recession, the restoration of its assessed value is not limited to 2 percent, until the market value reaches a property’s purchase price plus the annual inflation increase of no more than 2 percent,” Stone said. “The market solely determines whether the assessed value of a property is reduced or restored.”

The assessor mailed more than 478,000 assessment notices June 28 to property owners in Santa Clara County. In addition to outlining assessed property value, the notice also details the process for requesting an informal review of the assessment. According to the report, the Assessor’s Office will complete as many informal reviews as possible prior to Aug. 1, the deadline for making changes reflected on the property-tax bill mailed in October. Additionally, the letter includes language outlining the process for filing a formal assessment appeal by the Sept. 16 deadline.

For more information, visit www.sccassessor.org.

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