Banking and Finance
Summit State Bank has supported the Committee on the Shelterless (COTS) through the bank’s first “Shop for COTS” day, providing needed items for the county’s most effective resource for shelterless individuals and families. On Dec.18, the Summit team grabbed their kids, shopping carts and the COTS wish-list of items to provide more than $500 worth of home goods, toiletries and canned food to the Petaluma-based nonprofit. Summit volunteers then delivered a microwave, shower curtains, bath towels, a set of pots and pans, sheets, pillows, toiletries and a variety of canned goods to the COTS team.
More than 20 Bank of Marin volunteers pitched in at the Marin Food Bank in Novato on Wednesday, Dec. 4. Combined, the volunteer group packed 200 pounds of rice and beans and sorted food that will serve that will serve more than 9,000 people throughout the County. In Marin, the Food Bank supports 50,000 people. Combined with its sister organization, San Francisco Food Bank, the two entities serve more than 225,000 people across SF and Marin
Bay Area Development Company announced that it has completed 504 funding for Greene’s Cleaners in Napa. The financing allowed the dry cleaning company to create two new local jobs and to purchase an 8,300 square foot building located at 1660 Silverado Trail in Napa.Greene’s Cleaners, Napa Valley’s oldest dry cleaning company, was founded in 1919.
State Controller John Chiang released his monthly report covering California’s cash balance, receipts and disbursements in November 2013. Revenues for the month totaled $6.0 billion, missing estimates in the state budget by $375.6 million, or 5.9 percent. This was caused, in large part, by timing issues associated with the Thanksgiving holiday and the “Black Friday” weekend occurring at the end of November. That resulted in $440 million of sales tax revenue from November sales not being collected and recorded until the first few days of December. Even without this $440 million, revenues collected during the first five months of the fiscal year totaled $31.4 billion, beating year-to-date estimates by $228.1 million. State spending for same period was down $126.3 million from estimates.
The Great & Wonderful Sea of Change Trading Company in Windsor, a seaweed harvester and maker of Sea Bakin’ seaweed snacks, has been selected as a finalist in the Boston Beer Company/Sam Adams’ Brewing the American Dream Pitchroom contest, to be held in Boston this Monday, December 9th.Cole Meeker, Sebastopol resident and CEO of the Windsor-based Sea of Change, is one of six finalists invited to Boston to vie for a $10K prize and extensive business coaching from Sam Adams’ executives and others. The Brewing the American Dream Pitchroom contest held regional competitions in four cities (San Francisco, Denver, New York City, and Boston) throughout 2013. Meeker was invited to and won the San Francisco regional in May at the HUB in San Francisco. Winners were chosen based on pitch, product viability, and creativity and passion.
Napa County has been selected to receive $13,474,000 million in State realignment grant money to build a 72-bed Staff Secure Facility on the proposed site for the new jail. An executive steering committee of the Board of State and Community Corrections (BSCC) made the recommendation at its Dec. 12 meeting. The award will be considered by the full BSCC Board at its Jan. 16 meeting. The grant would represent nearly 95 percent of the estimated $15 million cost of the facility.
San Rafael City Council members Andrew McCullough, Kate Colin, and Maribeth Bushey endorsed their colleague, council member Damon Connolly in his campaign for Marin County Supervisor District 1. These council members join Mayor Gary Phillips in endorsing Mr. Connolly, meaning he has now earned the support of every member of the San Rafael City Council. Other recent endorsements have come from Congressman Jared Huffman and all five individual members of the Dixie School Board. The primary election for Supervisor will be held in June 2014.
Napa County Supervisor and 4th Assembly District candidate Bill Dodd announced that all five sitting Rohnert Park City council members have endorsed him for state Assembly. The five city council endorsements are from Mayor Joe Callinan, Vice Mayor Amy Ahanotu, council members Pam Stafford, Jake McKenzie and Gina Belforte.
Central Payment and SpotOn in San Rafael have contributed $60,000 to sponsor GLIDE’S annual holiday Grocery Bag Giveaway (December 18) , Zach and Matt Hyman, co-founders and co-managing directors announced. In the three years that the companies have participated in the annual event, they have provided more than $140,000 in donations. Employees from both companies also works on a regular basis in the San Francisco-based organization’s kitchen, which annually serves more than 2500 meals per day to the city’s poor, homeless and hungry. During the year, the companies also established a matching contribution program which allows them to increase the support for nonprofit organizations by making commensurate donations to match those made by employees or sales representatives to a nonprofit.
The Children’s Museum of Sonoma County is now selling annual memberships to the new $8 million discovery center rising next to the Charles M. Schulz Museum in Santa Rosa. The inaugural memberships include six months free, so that families can enjoy 18 total months for the price of 12. Memberships can be purchased online at http://www.cmosc.org/ or by calling the museum at 707- 546-4069. Several levels of membership are available, with plans tailored for the myriad of families in the North Bay. Memberships start at just $90 for a family of four.
Copyright © 1988–2014 North Bay Business Journal
View the policy for linking to website content.