Tue07072015

News

Effective today, library cards free again in Los Altos

Both Los Altos libraries should see a spike in use soon. After the elimination of an $80 annual card fee that had been in place since 2011, nonresidents will receive free library cards at local libraries, effective today.

Residents of Mountain View ...

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Schools

Almond fifth-graders set sail at Shoreline

Almond fifth-graders set sail at Shoreline


Courtesy of Corinne Finegan Machatzke
Fifth- graders at Almond School launched the boats they designed and built at Shoreline Lake last month.

Almond School fifth-graders boarded their handmade boats at Shoreline Lake in Mountain View last month to...

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Community

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'

Taking it back to 'The Streets': Local filmmaker aims to revive 1970s series 'Streets of San Francisco'


Courtesy of Charles Alley
Charles Alley’s filmmaking company may be based in Mountain View, but he knows all about “The Streets of San Francisco.” He’s rebooting the 1970s TV classic.

When people look for the next hit TV show, they often assume ...

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Sports

Enjoying the moment


Courtesy of Dick D’OlivA
Former Golden State Warriors trainer Dick D’Oliva, from left, wife Vi, former Warriors assistant coach Joe Roberts and wife Celia ride on a cable car in the victory parade.

Dick D’Oliva almost couldn’...

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Comment

The death knell of suburbia: A Piece of My Mind

The orchards are gone. The single-story ranch house is seen as a waste of valuable land and air space. An eight-lane freeway thunders past the bridle paths in Los Altos Hills. But nothing has signaled the death of suburbia more strongly than the ann...

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Special Sections

While competent & safe, MKC still can't catch European competitors

While competent & safe, MKC still can't catch European competitors


courtesy of Ford
The 2015 Lincoln MKC doesn’t overwhelm as far as overall performance goes, but it does offer comfortable ride quality.

Of all the auto companies with headquarters in the United States, only Ford managed to weather the great re...

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Business

Company installs EV charging stations at LAHS

Company installs EV charging stations at LAHS


Courtesy of Green Charge
Officials from Los Altos, Los Altos Hills and the Mountain View Los Altos Union High School District celebrate the installation of electric-vehicle charging stations at Los Altos High last week.

The Mountain View Los Alto...

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Books

People

HILDA CLAIRE FENTON

Hilda Claire Fenton, beloved wife and mom to 9, grandmother to 30 and great grandmother to 22, passed away June 20 following a long illness. She was 90.

Hilda was born Sept. 28, 1924, to Lois and Gus Farley then of Logan, W. Va. While she was still ...

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Travel

Venetian spa offers ways to de-stress

Venetian spa offers ways to de-stress


Courtesy of The VEnetian
The HydroSpa in the Canyon Ranch SpaClub at The Venetian in Las Vegas offers a muscle-relaxing bath and radiant lounge chairs.

Vegas cab drivers usually ask if you won or lost as soon as you get in their vehicles. They assum...

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Stepping Out

Cast carries 'Arcadia'

Cast carries 'Arcadia'


Courtesy of Pear Avenue Theatre
“Arcadia” stars Monica Ammerman and Robert Sean Campbell.

The intimate setting of Mountain View’s Pear Avenue Theatre proves the perfect place to stage “Arcadia,” allowing audience members to feel as though they a...

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Spiritual Life

Magazine

Living it up Older adults aim to age in place

Living it up Older adults aim to age in place


Megan V. Winslow/Town Crier
Local enthusiasts flock to the Los Altos Senior Center to play bocce ball. The center hosts informal games four days a week and occasional tournaments.

As baby boomers in Los Altos, Los Altos Hills and Mountain View nose...

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Inside Mountain View

Carrying the torch

Carrying the torch


Members of the Mountain View Police Department carry the Special Olympics torch as they run along El Camino Real between Sunnyvale and Palo Alto June 18. Members of the department participate in the relay annually to show their support for Spec...

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Local vault company keeps it Los Altos confidential

These days, there aren't many businesses that proudly declare that they don't use a computer, don't want your Social Security number and will personally meet you at 3 a.m. - no questions asked.

For Gerald Colombi, the owner of Los Altos Vault & Safe Deposit Co., this "Miami Vice"-like scene is not that hard to envision. Fact is, if you're one of his clients and you need access to your safety deposit box at 3 a.m., he or one of his employees will be there to meet you.

That's because Colombi runs his business on the basis of strict confidentiality - what you keep here is secure here - and your identity is no one's business.

To illustrate this, Colombi draws a sharp distinction between Los Altos Vault and banks, which ask for Social Security numbers to establish an account.

"You've got to give them the Social Security number," Colombi said. "The confidentiality is not there… Anyone who has a safety-deposit box at a bank is insane.".

Colombi provides insights into why a bank can't compete against Los Altos Vault.

"No one can get information from us unless they get a court order," he said. "We're so private, we don't even have computers."

The vault, located on First Street, opened in the spring of 2003 and has 4,000 safety-deposit boxes in 10 different sizes, as large as 6 feet high, 2 feet wide and 2 feet deep.

And business seems to be good.

"We're extremely busy this year and we have more (safety deposit) containers on order," said John Raymond, a vault account executive and former specialist involved in security at the national and military level.

"We're not obliged to say how much capacity is in use," said Raymond, when asked what percentage of those 4,000 boxes are rented.

Colombi, who also owns the Los Altos Mail Office downtown, had the idea to build a private vault more than 20 years ago.

"A man came in and mentioned that he was going on a three-month cruise and he had something that he didn't want to leave at home," Colombi said. "We locked it in our safe. Within two years, our safe filled up" with items belonging to other customers.

And, according to Colombi, his vault operation has another special attribute.

"This is the only one of its kind in the USA," he said. "We get calls from as far away as New York."

Posing a hypothetical question to indicate his tolerance for risk, Colombi said, "You want to put up the millions to build this place? If someone has $6.7 million, are they going to build this? You could lose your (expletive) in a hurry."

Steve Fick, president of Borel Private Bank & Trust Co., agreed with the risk involved in a private vault operation.

"It's a large capital investment, and it's a very specialized-use building," Fick said. "Enormous bank vaults are not as common as they used to be.

"Safety-deposit boxes take up real estate, and it's not as cost effective for a bank. There's a place for them. They (Los Altos Vault) have a variety of sizes that we don't offer. I have referred clients to them."

At a bank, Fick said, client Social Security numbers are confined to income earned on assets.

"Banks have client Social Security numbers," he said. "We report tax information as applicable, interest earned and paid. We don't report that a client has a safety deposit box."

Today if a person wants to open a safety-deposit box, the Homeland Security Act requires the bank to ask for identification and an address, and it must associate that information with a specific box, Fick said.

"As a federally insured bank, we have to do what the government tells us to do," he said.

But banks also operate under strict rules of confidentiality, not unlike Los Altos Vault.

"We don't allow anyone into a safety-deposit box unless they present a subpoena or court order," said Beth Nguyen, branch manager at Downey Savings in Los Altos. "We have to have legal documentation, even if it's a family member … and I'd have our corporate offices review it first."

Joanne Kavalaris, vice president and branch manager at Bank of the West, said that the bank doesn't have a copy of the safety-deposit box keys, further noting the confidentiality and security of maintaining a safety-deposit box at a bank.

The government "cannot come in unannounced," Kavalaris said.

After verifying a court order, Kavalaris said, "We arrange for a bonded locksmith to drill open the box. We don't have a copy of the keys."

At Borel, the scenario is the same.

"I'd need to see a court order," Fick said. "We just can't do it because (the government) says. We'd have to drill out the box. Our client has the key."

Regarding security, Los Altos Vault has it in spades, but you won't get any specifics from vault employees.

"We have security systems that I can't discuss," Raymond said. "We totally lock down."

With round-the-clock access, Los Altos Vault does seem unique.

"If somebody said to me, 'Open at 3 a.m.,' I'll have a police backup," Raymond said. "We're at risk. We don't allow ourselves to be in our TV commercials. There are some pretty heavy-hitters coming in here."

Los Altos Vault & Safe Deposit Co. is located at 121 First St. For more information, call 949-5891.

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