Fri08012014

News

"Brown is the new green," says local water district


Lina Broydo/Special to the Town Crier
Are downtown Los Altos flower pots getting too much water? The Santa Clara Valley Water District plans to hire “water cops” to discourage overwatering.

The Santa Clara Valley Water District is spending nearl...

Read more:

Loading...

Schools

Foothill camps prepare local students for STEM careers

Foothill camps prepare local students for STEM careers


Photos Ellie Van Houtte/Town Crier
Middle school students make robotic hands using 3-D printers during a STEM Summer Camp at Foothill College.

From designing roller coasters to developing biodegradable plastics, high school students received an i...

Read more:

Loading...

Community

Local entrepreneur opens home to Afghan and Rwandan women

Local entrepreneur opens home to Afghan and Rwandan women


Ellie Van Houtte/Town Crier
Businesswomen Joan Mazimhaka of Rwanda, third from left, and Fakhria Ibrahimi of Afghanistan, in orange, traveled to the U.S. with a 26-woman delegation through the Peace Through Business program.

Employees scoop ice ...

Read more:

Loading...

Comment

Moving on: The Rockey Road

Just over a month ago, we decided to put our house on the market. My husband and I had been tossing around the idea of moving back to the area where we grew up, which is only approximately 40 minutes from here. Of course, Los Altos is a great place t...

Read more:

Loading...

Special Sections

Long live the lawn: Los Altos native offers drought-resistant strategies

Long live the lawn: Los Altos native offers drought-resistant strategies


Bill Steiner’s grass is green, left, even amid the drought. He followed Max Todd’s water and maintainence instructions after having his lawn aerated, Ellie Van Houtte/Town Crier

Green lawns are not necessarily on the endangered list during the d...

Read more:

Loading...

Business

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday

Halo heads to Los Altos: Blow-dry bar founder opens new First Street location Monday


ElLie Van Houtte/ Town Crier
Armed with blow dryers, Halo founder Rosemary Camposano, left, and store manager Nikki Thomas prepare for the blow-dry bar’s grand opening on First Street Monday.

A blow-dry bar is set to open downtown Monday, and i...

Read more:

Loading...

Books

"Frozen in Time" chronicles harrowing WWII rescue attempts


Many readers can’t resist a true-life adventure story, especially those that shine a spotlight on people who exhibit supreme courage in the face of adversity and end up surviving – or not – against the odds.

Read more:

Loading...

People

DR. ALFRED HUGHES

Long time Los Altos resident, Dr. Alfred Hughes, died May 1st after a long illness. Dr. Hughes was born in 1927 in Maspeth, NY. He served in the US Army from 1945-6, attended Brooklyn Polytechnic University, then graduated from Reed College in Portla...

Read more:

Loading...

Travel

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway

Travel Tidbit: Ritz-Carlton, Lake Tahoe offers spa getaway


Courtesy of Ritz-Carlton
The Ritz-Carlton in Lake Tahoe offers fall getaway packages that include spa treatments and yoga classes.

Fall in North Lake Tahoe boasts crisp mornings and opportunities to spend quality time in the mountains. Specially ...

Read more:

Loading...

Stepping Out

'Wizard' winds down at Bus Barn

'Wizard' winds down at Bus Barn


Town Crier file photo
Local actors rehearse a scene from “The Wizard of Oz.”

Los Altos Youth Theatre and Los Altos Stage Company’s collaborative production of “The Wizard of Oz” is slated to close Sunday at Bus Barn Theater, 97 Hillview Ave.

T...

Read more:

Loading...

Spiritual Life

Stanford University appoints new dean for religious life

Stanford University appoints new dean for religious life


Shaw

Stanford University named the Very Rev. Dr. Jane Shaw, dean of Grace Cathedral in San Francisco, its new dean for religious life.

Provost John Etchemendy announced Shaw’s appointment July 21, adding that she also will join the faculty in...

Read more:

Loading...

Magazine

Festival features fun for everyone

Festival features fun for everyone


TOWN CRIER FILE PHOTO
The Los Altos Arts & Wine Festival boasts more than 375 craft and arts booths.

This weekend’s 35th annual Los Altos Arts & Wine Festival promises to be jam-packed with fun activities for just about everyone. The eve...

Read more:

Loading...

El Camino Hospital receives bond-rating upgrade


Photo By: courtesy of El Camino Hospital
Photo Courtesy Of El Camino Hospital

El Camino Hospital recently received an A1 bond-rating upgrade from Moody’s Investors Service.

Moody’s Investors Service last week upgraded El Camino Hospital’s revenue bond rating from A2 to A1, following a review of the hospital’s progress since Moody’s issued its last rating in 2010.

According to Moody’s, the rating upgrade affects $186.9 million of outstanding fixed and variable rate demand revenue bonds issued by the Santa Clara Financing Authority.

“Hospital leadership has worked with the hospital board to expand the governance structure to include community leaders with significant subject-matter expertise, hired nationally known industry leaders to fill the CFO and COO roles, and produced a strategic plan to position us for health reform to effectively meet the needs of our community,” said El Camino Hospital President and CEO Tomi Ryba. “Recognition of the relevance of these improvements by Moody’s is gratifying.”

The report highlighted a number of the hospital’s strengths:

• It is a sizable community hospital located in a geographically favorable area with an operating revenue base of $664 million in fiscal year 2012.

• Its fiscal year 2013 outlook shows another year of strong profitability and operating cash-flow generation, as well as double-digit cash-flow margins.

• It shows steady growth in unrestricted cash and investments to $490 million as of Dec. 31.

• It carries a low debt load.

• Its facilities in Mountain View and Los Gatos are 95 percent seismic compliant through 2030, with the final 5 percent being 2030-compliant upon completion of minor voluntary upgrades, in accordance with approved extensions, by Jan. 1, 2015.

“We are extremely pleased that Moody’s recognized the hard work the hospital has undertaken in the last two years to stabilize and strengthen this valuable community hospital,” said John Zoglin, chairman of the El Camino Hospital Board of Directors. “To receive an upgraded rating at a time when so many other hospitals and hospital systems nationwide are struggling further reinforces that we have the right management team, an enhanced governance structure and long-term strategies in place that will enable us to make the necessary investments to care for the community.”

Moody’s issued a “stable outlook” for the hospital but also acknowledged several challenges it currently faces. Among other things, the Moody’s report cited a highly competitive marketplace in the Bay Area for services; its historical dependence on the Palo Alto Medical Foundation (now affiliated with Sutter Health), which has been responsible for approximately 50 percent of El Camino Hospital’s admissions; and the current uncertainty around Measure M, which caps executive salaries at no more than double the salary of the California governor.

Still, the report noted that it expects El Camino Hospital to “continue to produce strong operating cash flow given its favorable market presence and location and its continued focus on operating efficiencies, in order to support future capital plans, maintain solid liquidity and leverage measures and offset any future reimbursement declines and new competitive pressures.

Schools »

Schools
Read More

Sports »

sports
Read More

People »

people
Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

photoshelter
Browse and buy photos