Sat04192014

News

City chips in $7,000 for SFMOMA installation

City chips in $7,000 for SFMOMA installation


Town Crier File Photo
The Los Altos City Council earmarked $7,000 for the purchase of Chris Johanson’s artwork.

The city of Los Altos will contribute $7,000 toward the purchase of a $28,000 art installation featured in the San Francisco Museum...

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Schools

LASD students celebrate service learning

LASD students celebrate service learning


Courtesy of Sandra McGonagle
We Day, held March 26 at Oracle Arena in Oakland, exhorts students in the Los Altos School District to effect positive change.

More than 150 Los Altos School District student leaders joined 16,000 Bay Area students to ce...

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Community

Film career launches with Cannes screening

Film career launches with Cannes screening


Courtesy of Zachary Ready
Los Altos native Zachary Ready, front left, and co-director Andrew Cathey, right, celebrate their Campus MovieFest awards.

After learning the art of filmmaking as a child in the front yard of his family’s Los Altos home...

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Sports

Sports on the Side

Pathways Run/Walk slated May 10 in Hills

The 13th annual Pathways Run/Walk is scheduled 9 a.m. May 10 at Westwind Community Barn, 27210 Altamont Road, Los Altos Hills. The course wends through Byrne Preserve and onto the Los Altos Hills Pathways sys...

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Comment

Now is the time to expand parking: Editorial

Just a few short years ago, vacancies dotted downtown Los Altos. Property owners had a hard time attracting businesses because there was a shortage of customers. That is no longer true. Now, the cry is: Where are my customers going to park?

The city...

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Special Sections

Epicurean's Mary Clark Bartlett: Serving sustainability

Epicurean's Mary Clark Bartlett: Serving sustainability


Courtesy of Michael McTighe
Mary Clark Bartlett is founder and CEO of Los Altos-based Epicurean Group.

Labels such as “healthy,” “organic” and “green” are rarely used to describe the meals served in most corporate cafes in Silicon Valley. But on...

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Business

Local realtor honored for volunteer efforts

Local realtor honored for volunteer efforts


Ellie Van Houtte/Town Crier
Coldwell Banker recently recognized realtor Kim Copher, right, for her philanthropic efforts. Copher and colleague Alan Russell, left, volunteer at Reach Potential Movement, where they collect books for its Bookshelf in ...

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Books

Local Author Spotlight

In an effort to support authors from Los Altos, Los Altos Hills and Mountain View, many self-published, Book Buzz periodically spotlights their books and offers information on where to purchase them. Local authors are encouraged to submit brief summa...

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People

Noteworthy

RotaCare honors local volunteer

RotaCare Bay Area honored Jim Cochran of the RotaCare Mountain View Free Medical Clinic with the Outstanding Clinic Volunteer Award April 10 for his commitment to RotaCare’s mission of providing free medical care to t...

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Travel

Sausalito: Explore the historical city with world-class views

Sausalito: Explore the historical city with world-class views


Eren Göknar/ Special to the Town Crier
Sausalito offers panoramic views of the San Francisco Bay. A number of companies schedule boat tours that sail past Angel Island and Alcatraz.

On a clear day, Sausalito offers spectacular views of the San Franc...

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Stepping Out

Western Ballet performs this weekend  at Smithwick Theatre in Los Altos Hills

Western Ballet performs this weekend at Smithwick Theatre in Los Altos Hills


Courtesy of Alexi Zubiria
Western Ballet’s “La Fille Mal Gardée” features Alison Share and Maykel Solas. The production runs Friday and Saturday at Foothill College

Western Ballet is slated to perform “La Fille Mal GardéeR...

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Spiritual Life

Magazine

A yoga class a day keeps the stress away

A yoga class a day keeps the stress away


Van Houtte/Town Crier Yoga of Los Altos hosts a variety of classes, including Strong Flow Vinyasa, above, taught by Doron Hanoch. Yin Yoga instructor Janya Wongsopa guides a student in the practice, below.

It’s nearly 9 a.m. on a Monday mornin...

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Assessor says local economy on path to recovery


Photo By: Randy Gard/Special to the Town Crier
Photo Randy Gard/Special To The Town Crier

Assessor Larry Stone speaks to the Rotary Club of Los Altos at its March 21 meeting.

Longtime Santa Clara County Assessor Larry Stone discussed the opportunities and dramatic inequities that exist in today’s property markets at a Rotary Club of Los Altos meeting March 21.

Elected four times to four-year terms as county assessor, Stone has witnessed the rise and fall of various property sectors and experienced the effects of Proposition 13 on the local economy.

Although only 19 percent of the state’s population lives in the Bay Area, 35 percent of California’s job growth has occurred in the region, according to Stone.

The Silicon Valley apartment market is “on fire,” Stone said, and the hunt for single-family homes has surged in recent months. Although 27 percent of family residences and 53 percent of condominiums are still assessed below their purchase price, competition in high-end areas like Los Altos and Los Altos Hills is increasing. Excellent schools are the one predictable indicator of stable or increasing market values, he added.

Stone said commercial space in Silicon Valley is filling up. The area experienced the third-highest increase in office rents in the country last year, trailing only San Francisco and New York.

“I believe we are rising from the depths of the bottom of the worst economic decline in my lifetime,” he said.

Stone addressed the unexpected consequences of Proposition 13 – the initiative limiting the tax rate for real estate that passed in 1978. Proposition 13 has created as many problems for first-time homebuyers as it has solved for senior citizens, he said, and “shifted fiscal authority to the state, while leaving local government with the responsibilities.”

The result, Stone noted, is a “convoluted school funding system” that has reduced California to 47th in the country in K-12 school funding.

Stone offered an example of the proposition’s inequity: Take two homeowners with similar residences on the same street. The newer homeowner can pay as much as 10 times the amount of property tax as the homeowner who has owned a comparable property for many more years. This seems “inherently un-American,” he said.

A split property-tax roll, Stone proposed, would establish a different tax process for residential properties than commercial properties, which should be reassessed to market value every one or two years. But any reform would “create winners and losers,” he said.

Marlene Cowan is a member of the Rotary Club of Los Altos.

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