Fri10242014

News

Council hosts study session on downtown parking garage

Council hosts study session on downtown parking garage


Ellie Van Houtte/Town Crier
The Los Altos City Council continues to explore options to address parking constraints in the downtown triangle.

The Los Altos City Council last week held the first of two study sessions to discuss the potential construct...

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Schools

LAHS Science and Technology Week features medical examiner

LAHS Science and Technology Week features medical examiner


Ellie Van Houtte/Town Crier
A Los Altos High School student learns how to use robotic surgical equipment at the school’s Science and Technology Week event last year. Students can also attend hands-on presentations at this year’s event, w...

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Community

Ahoy, matey: Pirate Manor ramps up Halloween display

Ahoy, matey: Pirate Manor ramps up Halloween display


Town Crier File Photo
Pirate Manor is once again scheduled to arrive in the front yard of Dane and Jill Glasgow’s home on Manor Way in Los Altos, just in time for Halloween.

Although not the Walking Dead, pirate skeletons have been brought to li...

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Sports

Lancers rule the pool against Spartans

Lancers rule the pool against Spartans


Ellie Van Houtte/Town Crier
St. Francis High’s Eric Reitmeir launches the ball over Mountain View High driver David Niehaus (2) and goalie Kenny Tang. The host Lancers won Friday’s non-league game 9-3.

There wasn’t a lot on the line Friday when ...

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Comment

Reeder, Fung for El Camino HCD: Editorial

The good news for the El Camino Healthcare District (formerly the El Camino Hospital District, for those still getting used to the new name) is that there is a contested election Nov. 4 for the district’s board of directors. Three candidates are runn...

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Special Sections

Plant-based diet offers benefits

Plant-based diet offers benefits


Photo by Ramya Krishna
Los Altos resident Nandini Krishna prepares a meat-free dish According to author Caldwell B. Esselstyn Jr., M.D., a plant-based diet can help prevent cancer.

Shirley Okita of Los Altos has found that adhering to a mostly plant...

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Business

New shop offers haute couture for girls

New shop offers haute couture for girls


Ellie Van Houtte/Town Crier
The Girls @ Los Altos at 239 State St. offers clothing lines such as Nellystella as well as toys and other items for girls.

Cecilia Chen opened The Girls @ Los Altos as a tribute to the party dress. Whether it’s for...

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Books

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book

Helping kids catch a few Zs: Local dental hygienist pens meditative bedtime book


Ellie Van Houtte/Town Crier
Mimi Sommers, who works at a Los Altos dentist’s office, recently wrote a children’s book.

A local dental hygienist recently published a book that aims to ease parents and children during a sometimes anxious e...

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People

BARBARA DARLING MERIDETH

1946-2014

Born in Palo Alto, raised in Los Altos, retired in southern Oregon. Survived by Peter James Merideth, sons Matthew, Jacob and John Merideth, the loves of her life.

She was a housewife who took great pride in her home, her surroundings and...

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Travel

Falling leaves: Four places in California to see autumn colors

Falling leaves: Four places in California to see autumn colors


Courtesy of Castello di Amorosa
Castello di Amorosa in Calistoga, above, boasts a beautiful setting for viewing fall’s colors – and sampling the vineyard’s wines.

Yes, Virginia, there is fall in California.

The colors pop out in...

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Stepping Out

'Sleepy Hollow' awakens at Bus Barn

'Sleepy Hollow' awakens at Bus Barn



Los Altos Youth Theatre’s production of “The Legend of Sleepy Hollow,” a musical based on Washington Irving’s classic story, is set to run through Nov. 2 at Bus Barn Theater. The cast comprises 27 young actors, directed by Cindy Powell. Courtesy o...

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Spiritual Life

Magazine

Local events add color to autumn calendar

Local events add color to autumn calendar


Van Houtte/town crier Visitors make their way through the Children’s Alley.

As Los Altos’ signature Chinese Pistache trees exchange their summer green for vibrant hues of yellow, orange and red in the fall, an abundance of local events also ad...

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Business Briefs

Rambus Inc. reports third-quarter revenues

Rambus Inc. recently reported third-quarter revenues of $31.7 million, down 18 percent from the second quarter, primarily due to lower patent royalty revenue, but up 14 percent from the same quarter last year, attributed to agreements signed with Samsung during the first quarter of 2010. Year-to-date revenue for the nine months that ended Sept. 30 totaled $232.5 million, up 183 percent over the same period last year.

“Revenue for the quarter was down sequentially, as anticipated patent license renewals did not complete by quarter end, however, those negotiations are active and proceeding well,” Rambis President and CEO Harold Hughes said. “During the quarter, we did sign a patent license agreement with Nvidia for certain memory controller patents on a going-forward basis and expect to receive the first payment in November.”

Total operating costs and expenses for the third quarter of 2010 were $43.2 million, which included a $10.3 million gain related to the Samsung settlement, $7.5 million of stock-based compensation expenses and $1.2 million for previous stock-based compensation restatement and related legal expenses. Year-to-date expenses through Sept. 30 were $48.5 million, which included a $116.5 million gain related to the Samsung settlement, $23.2 million of stock-based compensation expenses and $3.4 million for previous stock-based compensation restatement and related legal expenses.

For more information, visit www.rambus.com.

Housing market rallies in September

The National Association of Realtors reported that existing-home sales, which include single-family, townhomes, condominiums and co-ops, jumped 10 percent from August to an annual rate of 4.53 million in September but remained 19 percent below the pace in September 2009, when first-time buyers were ramping up in advance of the initial deadline for the tax credit last November. Single-family home sales alone increased 10 percent from August but were 19.5 percent below the September 2009 pace.

Sales of single-family detached homes in California saw their second consecutive monthly gain, according to the California Association of Realtors. Statewide home resale activity rose 3.8 percent in September to a seasonally adjusted rate of 466,580, up from August’s 449,290. The September pace was down 12.2 percent from the same time last year.

The local picture shows sales of single-family detached homes Santa Clara County down 3.7 percent in September from the previous month and down 22.2 percent from the same time last year, although Cupertino, Los Gatos, Menlo Park and Sunnyvale saw increases in single-family home sales from August, according to MLSListings Inc.

Nationwide, the median existing single-family home price was $172,600 in September, down 1.9 percent from a year ago. In California, the median price of an existing, single-family detached home was $309,900, up 4.5 percent from the $296,610 median price for the same period a year ago.

In Santa Clara County, the median price dropped slightly by 2.1 percent to $620,000, though it is up 12 percent from the same time last year. Los Altos had a median price of $1.56 million.

Rates for a 30-year fixed-rate mortgage are hovering around 4.4 percent, though worry over the job market prevails, which ultimately affects not only the housing market, but the entire economy, according to Jeff Bell, president of the Silicon Valley Association of Realtors.

“Of course, jobs must return to the market for many Americans to even consider homeownership,” Bell said. “But buyers who have reviewed their finances and believe they are in a secure position to become homeowners have an opportunity to take advantage of affordability conditions in today’s market.”

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