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Enterprise Zone, Continued

Saturday, February 20th, 2010

The City’s Economic Development manager Jason Crawford takes issue with my recent post about the Enterprise Zone program and provides some data that shows the program’s effectiveness:

Just wanted to be in touch following your post about the Santa Clarita Enterprise Zone.

Over 1,100 people have been hired since July 1, 2007 at over 160 local businesses through the Santa Clarita Enterprise Zone.

Increasing jobs in Santa Clarita is the primary objective of the Enterprise Zone, of the 21 point Business Plan for Progress and of the City of Santa Clarita’s long term economic development strategy. We know job creation is the foundation of a strong economy, and without the confidence of employment residents may not be able to do the necessities like putting food on their tables , pay their day-to-day bills and mortgage payments, much less go out and spend money on non-essentials which spurs the consumer retail and restaurant spending that drives so much of the economy.

The Enterprise Zone helps businesses of all size, and the majority of the businesses that have seen savings from the Santa Clarita Enterprise Zone are small businesses, many of which have utilized the savings to prevent layoffs and keep their doors open during this Great Recession.

The Enterprise Zone saves businesses money by incentivizing them to hire more employees, invest in new business tools and infrastructure. The business only receives the tax break if they have hired ‘qualified’ employees or made ‘qualified’ equipment purchases, which benefits Santa Clarita through company expansion and new job opportunities for residents.

The Enterprise Zone is a critical tool for retaining our existing businesses and attracting new business to relocate to Santa Clarita, which makes it vital to the overall health and well-being of our community.

The City is working to do everything it can to support Santa Clarita businesses and the people they employ to ensure the success of our community. It is within everyone’s best interest. We are already ahead of many other cities, and I am confident we will come out of the recession one of LA County’s strongest cities.

Considering that the raw amount of people unemployed in Santa Clarita per the BLS stands around 6,000-7,000 people, 1,100 new jobs is certainly a good accomplishment for the EZ Program.

Ideally, it’d be nice to see the City of Santa Clarita report figures like these yearly or even quarterly. It’d go along way toward reassuring nitpickers like me that all the outreach effort toward local business owners is paying off in the form of new jobs and a more robust economy.

Thank you for the note Jason.

More on the Enterprise Zone

Friday, February 19th, 2010

Latest Enterprise Zone commercial from the City:

Notice it makes no mention that EZ beneficiaries are supposed to be creating jobs…no the chief selling point here is that local businesses can “virtually eliminate [their] business state income tax.”

You know what? That’s money out of our collective pockets, money these businesses would be paying to we the people. Money that could go to our schools, roads or the City itself, which is having its own fiscal challenges lately.

Instead, we’re giving them big tax breaks, and for what? What are we getting out of it?

Well we know Walmart is taking advantage of it. So are scores of other big box retailers, restaurants and auto dealers.

Are they creating jobs that help our local economy? Where is the cost/benefit analysis that shows this is a worthwhile program for our valley and not just a handout to the local business class? What are we really getting out of this? I want specifics, not announcements that it has created “hundreds of jobs.” What kind of jobs?

We simply don’t know. The testimonials posted on the City’s EZ website from business owners just say the program has saved them money.  The only evidence we do have comes from a non-partisan Sacramento think tank, and it says EZ programs are negligible when it comes to creating jobs.

And people wonder why I’m skeptical of the $200,000 we handed over to local business interests to create the Santa Clarita Economic Development Corporation and they wonder why I laugh when we hear that the local Chamber is hiring a lobbyist who will fight EZ program changes that would require employers to provide health care for their employees.

For that matter, where’s David Gauny and TimBen Boydston demanding proper accountability for our city programs and tax dollars?

But by all means, if you’re a local business owner, they’re throwing another breakfast for you next week, so have at it, on our dime.

Santa Clarita Century, the start of something grand for the SCV?

Tuesday, February 16th, 2010

This weekend I abandoned the SCV and headed to Palm Springs for the Tour de Palm Springs, billed as the West’s biggest charity bicycle ride.

It didn’t disappoint as a bicycle ride nor, it turns out, as an economic event for the Coachella Valley:

The valley is coming off a big weekend that was a boon for business. There was plenty going on in both ends of the valley.
The Riverside County Fair in Indio helped bring people to town. On the west side, nearly 10 thousand cyclists converged on Downtown Palm Springs for the annual Tour de Palm Springs.
On top of that, Modernism Week got underway.
Al Lanewala, the Manager of Desert Soles shoe store says, add it all up and people visiting Palm Springs were spending money.

KESQ says there wasn’t a single hotel room available in all of the desert valley this weekend. I can verify that. It was hard to find space in the valley as 10,000 cyclists rolled into town, took over the streets and started spending money.

Since I rode the Tour last year, I’ve wished for Santa Clarita to have such an event. Maybe we don’t have quite the number of neat attractions that Palm Springs does, but we do have Six Flags, great spring/winter weather and fantastic riding on our hills and in our canyons.

That’s why I was happy to see the organizers of the Santa Clarita Century & the City of Santa Clarita are planning for their second charity bike ride this year in the SCV. This year’s Century ride will take place April 3 and will offer a 100 mile, 50 mile, 25 mile and “family fun ride” for those interested. Last year over 200 people went on the ride which supports the Santa Clarita Child & Family Center and the Center of Rehabilitative Exercise.

And this year the Santa Clarita Century will start off in our “downtown”: Valencia Town Center, a much more visible and central location compared to the Santa Clarita Metrolink station last year.

Who knows? Maybe in 5-10 years the Santa Clarita Century ride will become a large economy-boosting event for the SCV like the Tour de Palm Springs is for the Coachella Valley. I’m sure that’s something local government and business leaders could get behind.

Our Great Recession

Friday, February 5th, 2010

Chart by Calculated Risk Blog, click for original post

The United States lost another 20,000 jobs last month, and December’s totals were revised up to 150,000 jobs. The unemployment rate dipped to 9.7%, but the standard caveat about people no longer looking for work still applies. Since the Great Recession began, 8.4 million jobs have gone away, and many economists fret, that, in the immortal words of Bruce Springsteen, “these jobs is going boys, and they ain’t comin’ back.”

In California, the picture is even bleaker. California’s unemployment rate is still in the 12.4% range.

I feel fortunate to be living in Santa Clarita during these times. At least our unemployment rate is holding steady at 7.4% in December, according to a preliminary Bureau of Labor Statistics report. But all around us, stores are closing up shop. There are many vacancies all around the city; Town Center Drive would look abandoned if it weren’t for the few restaurants still operating there. Even the once-powerful Creekside auto row is a shadow of its former self. Been by the Saturn dealer lately? It’s now practically a used car dealership.

There are some exciting things coming -Sprouts for one- but overall the pace of “For Lease” signs is only increasing and I haven’t even looked into the residential market lately.

But at least I’m employed. I wish the best to any SCVTalk readers who have been hurt by this terrible recession.

Old Town Newhall Renaissance

Friday, January 15th, 2010

renaissance: a renewal of life, vigor, interest, etc.; rebirth; revival

Oh mi God, did I just use the words “Renaissance” and “Newhall” in the same sentence?

Indeed I did. Because that’s how impressed I am with the remaking of Old Town Newhall. Join me on a brief visual tour of this strange and new place:

More than anything else, the streetscaping of half of Main Street -completed just last year- has not only remade the look and feel of Newhall, it’s really unified the area. By streetscaping, I’m counting the diversion of traffic onto Railroad, the new and handsome brickwork on the sidewalk, the benches, lights, and horse tie-off posts (sorry) and even the sapling trees.

This place is now a pedestrian-oriented shopping and entertainment district. To invoke Bob Kellar, it’s fantastic ladies and gentlemen.

It’s a pleasure to walk around this area of town now. It no longer feels scummy, run-down or forgotten. They’ve built it into a centerpiece for the community. It’s a place you want to spend time in, and I dare say it’s more enjoyable to stroll in this area of town that it is to walk around Town Center Drive or Bridgeport Marketplace or any of the other dime-a-dozen strip malls in town.

A great sidewalk is one thing, but what is actually in Old Town Newhall that could attract you? Well, it’s not there yet (perhaps not even close), but businesses are recognizing the benefits of OTN now and things are starting to come together.

In this block you can see the nice facade of Cooksbook Plus. For the foodies, it easily rivals Barnes & Noble and other big-box retailers when it comes to cookbooks. Likewise, next door is the Out West retailer, which, to be honest, I haven’t had the courage to enter (I’m a phony westerner who is allergic to horses).

Point is that there are businesses in Newhall that the average Valencian or Stevenson Ranch person might find attractive now.

And even if there aren’t, there’s other reasons to come down:

The Newhall Farmer’s market is still going on Thursday afternoons. I know it’s nothing compared to the COC Farmer’s market, but surely it’s a welcome weekly event for this side of the valley. In the springtime, it’s nice to come down here after work with your wife and buy some fruits to tide you over until Sunday.

As The Signal reported, OTN recently scored another new tenant that ought to attract SCVers. Newhall Bicycle, owned by Roger Hasper, moved from an industrial/grungy spot on Railroad to a property roughly half the size on Main Street. Roger told me he’s saving a bundle of money on Main Street, the parking is better, and the store has more visibility.

When I visited last, he all but offered to have a valet service for people who bicycled to the farmer’s market. Cool huh?

I support all of the SCV’s bicycle shops (all of them locally owned by the way), but Roger’s has a hipness element to it that the others lack. Stop in and check it out and look forward to this summer’s reggae party, which might be out in the street.

One more detail shot of the handsome brickwork. Doesn’t the Walk of Fame look 10 times better surrounded by brick than old concrete?

There are other tasteful and subtle details in OTN. I dig these “Newspaper” racks that line Main Street. Classy and much nicer looking than the standard news racks.

You can see some of the merchants and businesses down there are taking note of the Renaissance. The dentist hung hung a little tooth sign, much nicer than a big neon board or giant marquee.

It’s also cool that the REP and CTG are still going strong in OTN.

Of course, the OTN Renaissance can have other effects as well. Downtown areas tend to attract crazy people, and now Newhall, just like the big cities we all moved here to escape from, has crazy people too. This woman was protesting outside of Supervisor Antonovich’s field office, exhorting people like the unfortunate elderly woman above to read the US of A Constitution.

When I asked her what she was protesting she went on a crazy rant against Department of Child and Family Services, the LA County Sheriff’s Department, and the Megan’s Law list her husband was now on (eek).

I figure she wouldn’t be protesting if there wasn’t foot traffic, so I count her protest as a success for Old Town Newhall. I know you moved here to get away from this kind of thing, but there’s really nothing to be afraid of!

During this long weekend, I really encourage you to come down to OTN and have a walk-about. I only covered part of it. I think you’ll be pleased.

Business Giveaways

Wednesday, January 13th, 2010

I just read KHTS’ brief  ”article” touting the city’s “injection” of $100,000 taxpayer dollars into Old Town Newhall merchants, when a thought crossed my mind.

Two years ago, a large amount of protesters visited City Hall to beg the City to save Newhall Hardware. Those very same City Councilmembers and City Manager said nothing could be done, that there wasn’t any way for the City to save or even delay the shutdown of the beloved 60 year old hardware store. Even the City Attorney chimed in and made the same remarks.

The Newhall Hardware fans, dejected (they even printed Save Newhall Hardware t-shirts), left and Newhall Hardware is now but a dusty SCV memory.

Two years and a fancy-sounding “21 Point Economic Development Plan” later, and we don’t even blink an eye at throwing $100,000 to Newhall businesses so they can buy things like CDs, Prepaid phone cards, cell phones, and sinks.

All this from a community who showed up en masse last year at the Tea Party rally to protest the bailouts, waste, fraud and abuse! It’s absurd.

Who can be proud of this program? Is this “injection” of cash even saving a single job? $100k to Newhall Hardware to keep it open for awhile longer might have been worth it, but this?

Why does our City sound like the Chamber of Commerce?

Friday, January 8th, 2010

In today’s article on possible changes to the state’s Enterprise Zone tax credits, the City’s Economic development Manager Jason Crawford made it sound as if the bill would severely harm local businesses. Indeed, he said it would “strangle” efforts to hire local employees.

Santa Clarita Marketing and Economic Development Manager Jason Crawford said the amendment would “hamstring” local businesses.

“The intent of the enterprise zone is for business growth and expansion,” Crawford said. “This (amendment) would strangle the potential benefit of the enterprise zone tax credits.”

Crawford said the hiring requirements for businesses that want to get a tax credit are already restrictive. The amendment would make it “exponentially” more difficult for businesses to get tax credits, he said.

First of all, the intent of the Enterprise Zone program isn’t just for “business growth and expansion.” The state says its purpose is to “stimulate business investment in depressed areas of the state and create job opportunities for Californians.”

But beyond that, The Signal reinforced Crawford’s statement in their headline saying that AB 1139 would “hamper” enterprise zone hirings.

Clearly the Signal and Crawford were trying to get across the message that this bill would be bad for local businesses. But is that all there is to the story?

Here’s a summary of the bill from Assemblyman John Perez, speaker of the Assembly:

As amended, this bill would revise the existing enterprise zone program in several ways:  First, the bill will increase the tax credit for employers of full time workers who provide health benefits to their employees, and will decrease the tax credit for part time and non-benefited employees.  Additionally the bill will eliminate the practice of retro-vouchering (whereby employers retroactively receive the tax benefit for employees they have already hired)

Guess the Signal and Crawford forgot to mention that the bill would actually increase the tax credit to employers if they provided health benefits to new employees!  That sounds to me like a benefit a municipality would want if it’s truly concerned with the health and welfare of its residents.

More bang for our buck right?

So why then does the City of Santa Clarita sound like the California Chamber of Commerce when it’s asked to comment on the bill?

What’s more, the amendment would require local businesses to submit more complete reports, which would allow us, the taxpayers, to review how our money is being spent.

Our city government is tasked with creating an environment favorable to business, but that is, at best, a secondary priority. It’s first priority is to represent us, the people, not just the 11,000 odd business owners in Santa Clarita, who we just gave $200,000 to do a job similar to Mr. Crawford’s.

On a bike, the SCV looks quite different

Wednesday, November 11th, 2009

I had the day off today. So, in addition to waking up late, enjoying multiple cups of coffee, and honoring Veterans by visiting the Veterans Plaza in Newhall, I got to enjoy the rare treat of a week-day bike ride.

The purpose of today’s ride was two-fold: Get some much needed exercise and visit some spots in the SCV I’ve been neglecting lately, including the new Patios development at the mall. Here’s some photos and I hope you enjoy! (Click to view larger images)

P-Canyon has to be the best short Canyon ride in town and it marked the beginning of my ride today

P-Canyon has to be the best short Canyon ride in town and it marked the beginning of my ride today

Back in my post-college days, I worked at a commercial real estate firm and knew CoStar well. They are no doubt cataloging all the vacant retail & office spaces in town

Back in my post-college days, I worked at a commercial real estate firm and knew CoStar well. They are no doubt cataloging all the vacant retail & office spaces in town

Like this one. Yet another furniture store going out of business. This time on Citrus Street

Like this one. Yet another furniture store going out of business. This time on Citrus Street

Yet among all the recessionary blues, there are rays of hope. Here's the new Patios development. Quite nice and I dig how it opens up to welcome you

Yet among all the recessionary blues, there are rays of hope. Here's the new Patios development. Quite nice and I dig how it opens up to welcome you

I had to ride and shoot quickly in order to avoid the Westfield rent-a-cop bikers. Fortunately I'm way faster than they are. Nice entrance yes?

I had to ride and shoot quickly in order to avoid the Westfield rent-a-cop bikers. Fortunately I'm way faster than they are. Nice entrance yes?

A lookout tower to keep shoppers inline or a nice architectural feature?

A lookout tower to ensure shoppers are Thinking SCV sufficiently or a nice architectural feature?

Thank you Westfield/NLF for remembering to install these attractive bike racks. Kudos to you!

Thank you Westfield/NLF for remembering to install these attractive bike racks. Kudos to you!

One of the last California Grizzly bears was killed not far from the SCV, so I was pleased to see this painted bear public art piece at the entrance to Macy's

One of the last California Grizzly bears was killed not far from the SCV, so I was pleased to see this painted bear public art piece at the entrance to Macy's

As you can see, much has been accomplished at our venerable mall, and much remains to be done. I assume these will all be shops soon

As you can see, much has been accomplished at our venerable mall, and much remains to be done. I assume these will all be shops soon

The site formerly known as the Greens. This is a true return-to-nature story in the heart of Valencia. It looks WILD. Someday there might be a gigantic Sheraton at this location

The site formerly known as the Greens. This is a true return-to-nature story in the heart of Valencia. It looks WILD. Seriously, where are the over-aggressive code-enforcement officers now? Someday there might be a gigantic Sheraton at this location

I Heart our Mall even though I don’t shop there much. I’m not like the SCV old-timers who remember onion fields where the mall once was, but one of my first SCV memories was visiting the mall the week it opened in 1992. It too opened during a recession and I’m sure there were many doubters back then.

But then the boom-boom 90s hit and pretty soon, NLF was building Town Center Drive, the first major expansion to the mall.

Now, just 10 years after that, we have another new expansion.

For all the criticism leveled at NLF over the years, I think they (and Westfield now) deserve praise for really creating a destination in the heart of Santa Clarita.

No doubt the economy will improve and the Patios + Town Center mall + Town Center Drive will make for a compelling shopping area.

Anyway that’s it, hope you enjoyed.

Glad I’m not the only one

Wednesday, November 11th, 2009

who’s uneasy with how the City of Santa Clarita is literally bending over backwards to hand over money and services to the SCV Business class.

I Heart takes a look at what happened at tonight’s City Council meeting and explains:

The enthusiasm inspired by officially kicking off the Arts Commission only grew when the City moved onto the last and most important bit of new business, “Support for Santa Clarita Valley Economic Development Corporation (SCVEDC).”

I can’t imagine that it was a surprise to the City Council that the EDC Board of Directors wanted $200,000, not $100,000. It’s inept at best, deceptive at worst that the City agendized the item as it did with funding coming in two chunks of $50,000, not the $200,000 that everyone seemed to really want. Either way it’s not “a lot” of money by City standards, but $200,000 might have garnered more opposition.

Laurie Ender did an excellent job of pointing out the faults of this dearly beloved plan. After noting that the agenda didn’t accurately reflect the amount of money that the EDC Board really wanted, she reminded the City Council that the money comes from taxpayers and that “It’s not my money to spend.” She argued that since more than $1.6 million dollars is being spent on internal economic development efforts by the City, it was difficult to accept that more money was needed to support a group that would also focus on economic development. She said “Duplication of efforts” would be a “huge concern for me.”

All five members voted to lend the SCVEDC the monetary support, to which Kellar responded “Can I give a big thank you to everybody? This is huge!”

Call me old-fashioned, but I find the unending love-fest between businesses and the City something between tiresome and troubling. But it’s a fact of life in Santa Clarita, one there is no getting around. So now a man who runs a car dealership in Santa Clarita will be partially in charge of how money from the City will support local businesses that in turn support the City. It’s dizzying.

Now let me temper this by saying I do support Santa Clarita businesses. I spend money in stores here every day. I know many business owners. I talk to them and I listen. Hell, I admire them.

And I support the City’s support for businesses here in town. In fact, I think local governments have an obligation to encourage commerce and thereby fund city programs, infrastructure and services.

But, to channel Bob Kellar, gee whiz. $200,000 of the taxpayer’s dollars to fund this nebulous program, the activities of which are already being done by the City, the Chamber, COC, and other institutions?

Perhaps in and of itself, that’s not so bad. But let’s review what the City has done for the SCV Business Class in just the last year or so:

  • By the city’s own numbers, it spends $1.6 million to support SCV businesses, attract new ones and encourage commerce every year
  • Enterprise Zone program
  • Chamber representatives get to review the City Council agenda before the public does
  • Conceived of and paid $250,000 for the  Think Santa Clarita Valley campaign, including advertising campaigns outside of Santa Clarita. This program actually encourages people to shop outside the City limits too
  • $2.3+ million spent on Old Town Newhall streetscaping for the benefit of businesses there (and they have the gall to complain about this gift from we the people)
  • The 21 point economic recovery plan, the vast majority of which is aimed at helping local businesses, not necessarily residents and employees
  • Hosted various seminars training businesses on “Marketing and Sales” and “Customer Service” in recessionary times
  • Worked with the Sheriff’s station to create something called the City of Santa Clarita Sheriff’s Business Alliance Program, which teaches businesses how to avoid crime
  • Spent $180,000 on purchase of specialized “ProjectDox” software that streamlines development and permit applications for businesses
  • Passed & enforced ordinances targeting mobile food and flower vendors because they compete with local businesses
  • Named Most Business Friendly city in LA County in 2008
  • The local Sheriff’s Station conducted a sting operation to cite and/or arrest 29 contractors without official licenses on behalf of local businesses & contractors

As Councilwoman Laurie Ender pointed out, the goals and deliverables of the new SCV Economic Development Corporation are just about as clear as mud. An example: astoundingly, in the Agenda Item on the SCVEDC, one of the deliverables promised in return for our $200,000 is “marketing of the Think Santa Clarita Valley campaign,” which is itself a marketing campaign. So for $200k, the new SCVEDC is going to market an existing marketing campaign.

Indeed, many of the deliverables listed in that item are already being done by the City’s own Economic Development program, which has its own fancy website here. I wonder if some City Hall workers now have to worry about their jobs?

So what exactly are we going to get in exchange for $200,000 in seed money? Bill Kennedy, Chamber President, said in October that the EDC will help “focus various elements of the city for the benefit of local business.” I hate to sound like a teenager but, seriously? As if it wasn’t already! Just look at the list above.

I suppose we will get one thing though. Larry Rasmussen, a powerful local developer, and Don Fleming, car king, say the $200,000 will ensure the SCVEDC can hire a top-notch executive director who will somehow pull all these programs & incentives together and integrate them all into one big gooey ball of business-friendliness. That, in turn, will attract new businesses, and, the SCV Business Class says, new jobs.

Only there are no concrete deliverables. No word about what type of jobs will be created (Nail salons, dry cleaners, big box retailers and fast food joints tend not to pay people living wages). No guaranteed return for the taxpayer’s investment.

One final note: It’s interesting to contrast all the business-support activities the City has done in the last year and this new effort with the (apparent) quiet work that Los Angeles County did in attracting Disney Studios to the Golden Oak ranch. Supervisor Antonovich and his staff, according to one source, secretly worked their voodoo to help Disney to build studios in our valley, and just like that, one day in October, the news that Disney was going to bring 3,000 jobs to town shocked and surprised us.

Santa Clarita – The Next Burbank?

Thursday, October 29th, 2009

Am I being overly dramatic when I say that I think the Disney Studios at the Ranch proposal could remake and reshape much of Santa Clarita for decades to come?

Probably. I’m given to wild histrionics occasionally and I plead guilty to that in this case.

But I think that statement might be justified and here’s why. This isn’t just a bunch of a studio soundstages being built in Santa Clarita. It’s the wholesale construction of a new industry for Santa Clarita. Whereas before Hollywood had dipped its toes into the pool of the SCV (or perhaps waded waist-deep around in it), now a major player has stripped down to its skivvies, mounted the diving board, and performed a flawless reverse double somersault right into the deep end.

Really bad metaphors aside, I think Jason Crawford is right when he says:

I think that now that Disney is committed to doing this, we’re going to see many post-production, visual effects and other film-related businesses that want to move here as well.

Businesses and industries tend to congregate and when a major player like Disney decides to invest in an area, other supporting businesses are sure to follow. We’ve already seen this happen in Santa Clarita; there are several biotech firms in town, quite a few minor defense contractors and of course, the existing film infrastructure has only encouraged more filming in Santa Clarita.

What’s more, this could be really good for Newhall. An anecdote: back in the closing, angst-ridden last days of Newhall Hardware, I heard many stories from film pros about how they would miss the crowded 60 year old hardware store because they could literally find anything they needed there. That sentiment came from roving bands of film pros who worked in town for a given length of time.

Now imagine a permanent, high-quality studio and soundstage operating year round right across the freeway where future TV hits are produced. How many new businesses will pop up to support that enterprise? I’m talking about businesses providing the nuts and bolts of the film industry: make up artists, lighting consultants, parts suppliers, commercial real estate, equipment maintenance, camera professionals, sound engineers and more. In other words, a place like Burbank.

And what SCV community stands to benefit the most from that? Where will some of that Disney-estimated $522 million in economic activity surely go? Newhall.

We might even see in short order people/speculators purchasing or investing in property in and around Newhall just in anticipation of these new studios. I imagine Old Town Newhall  will benefit directly as long as the City executes correctly.

Speaking of that, the city is going to need to get busy on building infrastructure for this. Obviously, the extension of Dockweiler through to Lyons Avenue should become a high priority. We need to funnel Disney workers right into town without sending them down Sierra Highway on a goose chase.

Again I may be guilty of overstating this proposal and its effects on the SCV, but it is quite exciting to think about the possibilities. What a great legacy for the place William S. Hart once called home.