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...

Read more:

Loading...

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.
...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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.

Read more:

Loading...

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 ...

Read more:

Loading...

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...

Read more:

Loading...

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 ...

Read more:

Loading...

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...

Read more:

Loading...

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...

Read more:

Loading...

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 ...

Read more:

Loading...

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...

Read more:

Loading...

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...

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