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News

Hills council strikes down proposed moratorium on substandard lots

With a divided vote, the Los Altos Hills City Council Wednesday (June 3) struck down a proposed 45-day moratorium on substandard lot development.

Mayor Courtenay C. Corrigan and Councilmember John Radford cast dissenting votes opposing the moratoriu...

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Schools

MVLA foundation recounts first year of Learning in the Cloud

MVLA foundation recounts first year of Learning in the Cloud


Traci Newell/Town Crier
Robert Barker, Los Altos High World Literature teacher, demonstrates how students use online discussion in class.

Technology is no longer seen as a distraction in the classroom, as students in the Mountain View Los Altos ...

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Community

Faria and friends unite to raise funds for cancer research

Faria and friends unite to raise funds for cancer research


Courtesy of Joseph Faria
Supporters of last month’s Relay For Life event in Mountain View include, from left, Los Altos residents Matthew Aufricht, Connor Chu, Matthew Demele and Dominic, Eileen and Joseph Faria. The Los Altos Relay For Life is sla...

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Sports

Right  on track

Right on track


Megan V. Winslow/Town Crier
Mountain View High sophomore Rachael Estell leaps for the win in the girls long jump Friday at the CCS championships.

As far as locals go, the underclassmen overshadowed the seniors at the Central Coast Section track ...

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Comment

Coffee with cops? We'll drink to that: Editorial

The recent “Coffee with a Cop” event proved a good public relations move for the Los Altos Police Department. It also provided a great opportunity for residents to ask questions and converse with several officers, including the police chief, in an in...

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Special Sections

Deciphering the irksome sounds cars often make

Ahh – the troublesome, telltale auto noise. It’s that squeak, screech, squeal, groan, grind, hum, hiss, rattle, knock, clicking or ticking that drives drivers crazy.

Even with all the technology in modern cars, the sounds our cars make t...

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Business

Local couple launches downtown restaurant

Local couple launches downtown restaurant


Alicia Castro/Town Crier
The Turn Bar & Grill crew prepares for the restaurant’s impending opening.

Jim and Julie Otis are prepared to realize their longtime dream.

The couple – lifelong Los Altos residents – wanted to ensure ...

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Books

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair

Horan's 'Loving Frank' offers fictionalized account of famed architect's illicit affair


In the 1920s, two married people fall in love, leave their spouses and children and set about living and traveling together. Affairs of this sort were considered shocking at the time. But the scandal was heightened given that the man was Frank Lloy...

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People

DR. WALLACE IRA SAMPSON

DR. WALLACE IRA SAMPSON

     

Dr. Wallace Ira Sampson, 85, passed away peacefully on Monday, May 25, at Santa Clara Valley Medical Center. He leaves his wife of 59 years, Rita (nee Landry) Sampson, brother Sandy, sons Robert, Paul (Suzanne), Buck (Kathryn), ...

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Travel

Flying south for the winter: Antarctica trips are not just for the birds

Flying south for the winter: Antarctica trips are not just for the birds


Photos Courtesy of Dave Hadden
Los Altos residents Dave and Joan Hadden watched the scenery from the large boat and a smaller Zodiac.

Standing on the beach with hundreds of thousands of penguins is “the experience of a lifetime,” according to Ga...

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Stepping Out

Kushner's 'Angels' arrives at Foothill

Kushner's 'Angels' arrives at Foothill


David Allen/Special to the Town Crier
Harper Pitt (Sophia Naylor) describes her life to Joe Pitt (Dan Martin) in “Angels in America,” playing in the Lohman Theatre at Foothill College through June 14.

The Foothill Theatre Arts Department’s produ...

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Spiritual Life

Magazine

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon

Practice prudent pruning: Maintaining manzanita, ceanothus and toyon


tanya kucak/Special to the Town Crier
Shrub manzanitas are known for their sinuous mahogany trunks and branches. If the foliage hides the bark, prune selectively to open the center so that the bark is visible year-round. This Montara manzanita is ...

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Inside Mountain View

Window closing on state tax credit

The window is closing for prospective California homebuyers to apply for a state tax credit. Earlier this year, legislators created two state tax-credit programs, each allotted $100 million.

As of last week, one of the programs received more applications for tax credits than funded, lowering, but not eliminating, the possibility of more first-time homebuyer credit allocations being issued.

The first state tax-credit program offers a $10,000 credit to first-time homebuyers who purchase homes between May 1 and Dec. 31. The second offers a $10,000 tax credit to buyers who purchase newly built homes after May 1 and before Aug. 1.

“Buyers need to be aware that the funds for the state’s tax-credit programs are limited, that there are specific requirements for each program and that they need to act quickly to take advantage of this opportunity,” said Jeff Bell, president of the Silicon Valley Association of Realtors.

According to the California Franchise Tax Board (FTB), as of June 29, the state has received more than 7,000 new-home credit applications, amounting to only $50 million of the $100 million allotment, and approximately 21,000 first-time buyer applications, amounting to slightly more than the $100 million allotment.

The numbers are estimates, according to the FTB. The board is still accepting applications, because it expects that a number of duplicate, revised or invalid applications will be denied.

Buyers are eligible for the first-time buyer program if they haven’t owned a home in California for three years prior to the purchase date. The property must be eligible for the California property-tax homeowner’s exemption and occupied as the principal residence for a minimum of two years immediately following the purchase.

Buyers are eligible for the new-home credit if the home they purchase is a single-family home or condo that has never been occupied. The same tax-exemption eligibility rules apply.

The state tax credits are available for buyers who purchase a qualified principal residence on or after May 1 and before Jan. 1 – the purchase date is defined as the date escrow closes. If funds are still available, additional credit can be allocated for taxpayers who purchase a qualified principal residence on or after Dec. 31 and before Aug. 1, pursuant to an enforceable contract executed on or before Dec. 31. Those who received a new-home tax credit in 2009 are ineligible to apply for the state-tax credit.

Homebuyers may apply for the credit by faxing applications no more than 14 calendar days after escrow closes. The tax credit is allocated on a first-come, first-served basis, based on the time and date the faxed application is received. The cutoff date for applications will be posted on the FTB Web site 24 hours prior to going into effect, to give applicants time to fax their applications.

State tax credits are limited to the lesser of 5 percent of the purchase price or $10,000 for a qualified principal residence. Taxpayers must apply the total tax credit in equal amounts over three successive tax years – with a maximum of $3,333 per year – beginning with the tax year in which the home is purchased.

Tax credits cannot reduce regular tax below the tentative minimum tax. The tax credits are nonrefundable, and unused credits cannot be carried over.

For more information, visit www.ftb.ca.gov.

The Silicon Valley Association of Realtors provided information for this article. For more information, e-mail Rose Meily at This email address is being protected from spambots. You need JavaScript enabled to view it. .

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