BRIEFLY : COUNTY SAVES WITH GOOD CREDIT RATING.Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County saved $2 million on Wall Street Wednesday thanks to its improved credit rating. For the past two years the county has had to pay to buy a letter of credit in order to secure the issue of $1.3 billion in short-term notes. Last week, investment ratings firms gave the county its highest ratings for short-term debt Short-term debt Debt obligations, recorded as current liabilities, requiring payment within the year. , making it unnecessary for the county to buy an artificial $2 million credit enhancement Credit Enhancement A method whereby a company attempts to improve its debt or credit worthiness. Notes: Credit enhancements take many different forms. An example of a credit enhancement would be conversion rights added on to a debt instrument in order to lower the issuing this year. Wall Street was wary of the county for the last two years because of massive budget deficits. The county issues the notes each year in order to raise money to pay the county's bills until property tax revenue is received in December. ``I'm very proud to say that Los Angeles County has come a long way toward putting its house in order,'' said Zev Yaroslavsky Zev Yaroslavsky (born December 21, 1948) is a Los Angeles County politician. He served on the Los Angeles City Council from 1975 until 1994, when he was elected to the Los Angeles County Board of Supervisors. He was preceded in both offices by Edmund D. Edelman. , president of the Board of Supervisors. ``The proof of the pudding proof of the pudding n. Informal The ultimate evidence attesting the true nature of something: The proof of the pudding is in the election results, not the polling. is in our credit rating and the market's enthusiastic response today.'' ?13Daily News Free swim lessons restored to parks Swimming lessons will be free again at pools in county parks thanks to a decision Tuesday by the Los Angeles County Board of Supervisors The Los Angeles County Board of Supervisors is the five member governing board of Los Angeles County, California. Members of the board of supervisors are elected by district, the current members as of April 2006 are:
Participation in county swimming lessons dropped by 50 percent since 1993, when the supervisors instituted a $10 fee for a week of lessons. ``Not as many kids were learning how to swim How to Swim is a cartoon made by the Walt Disney Company in 1942. In this cartoon, Goofy provides an educational treatise on swimming and diving with questionable results. ,'' said John Wicker, regional operations manager See datacenter manager. for the county's Department of Parks and Recreation. ``Our number of lessons was going down. It wasn't worth the amount of money coming in for these kids not to learn how to swim because of the fee.'' County officials have estimated they will lose $65,000 in revenue a year. ?13Daily News Actor, surfers start drive for clean seas SANTA MONICA Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. - Actor Ted Danson This biographical article or section needs additional references for verification. Please help [ to improve this article] by adding additional sources. Unverifiable material about living persons must be removed immediately, especially if potentially libelous or harmful. and surfing industry leaders on Wednesday launched an 18-month campaign to publicize offshore water pollution and urge the enactment of laws to protect ocean swimmers. ``The health of California's families and economy depends in great part on clean coastal and ocean waters,'' Danson said. Danson, who had starring roles in the ``Cheers'' and ``Ink'' television programs, is the president of American Oceans Campaign. The group has been pushing for water quality standards at the state and national levels. Actors Kelsey Grammer, Christopher Reeve and Pierce Brosnan are among celebrities on the American Oceans Campaign Board of Directors. The Surf Industry Manufacturers Association and Surfrider Foundation are joining in the campaign. Representatives of the groups called for enactment of a water-quality bill that was recently passed by the Assembly and is pending in the state Senate. A similar federal bill is about to be reintroduced, officials said. The measures would require government authorities to test water along state and national coastlines, and issue warnings to swimmers when pollution levels rise to unsafe conditions. ?13City News Service Restitution ordered for peddling `cures' A self-proclaimed ``healer'' who sold a cancer victim nutritional supplements Nutritional Supplements Definition Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet. , vitamins and a sauna treatment as supposed cures on Wednesday was ordered to pay $31,000 in restitution. Los Angeles Superior Court Judge Terry Green also sentenced Angelina Lopez, 37, to three years' probation. Deputy District Attorney Darrell Mavis said Lopez claimed to be a doctor and ran a business called Casa de Nutricion, which she advertised on Spanish-language media outlets. The advertisements touted the supposed cancer cures Lopez sold, the prosecutor said. Mavis said Lopez, who was convicted of grand theft and unfair business practices, charged one 51-year-old cancer patient $3,000 for pills and liquids. ?13City News Service Baby's death leads to father's arrest ANAHEIM - An Anaheim man was arrested Wednesday on suspicion of murder, nearly a year after the death of his 8-week-old son, who died from methamphetamine poisoning, police said. Detectives believe the baby, Steven Ray Bierly, was exposed to the drug or fumes fumes odorous gases and other volatile materials; inhalation of irritating fumes causes coughing and, if sufficiently severe, irreversible pulmonary edema. from a small-scale ``speed'' lab in a room at the Palm Motor Lodge, in the 1100 block of N. Harbor Blvd., where the boy was living with his parents, Anaheim police Lt. Ted Labahn said. The 23-year-old father, Steven Daniel Bierly, was arrested and booked at the Anaheim Detention Facility, Labahn said, adding that bail was set at $250,000. ?13City News Service Anti-graffiti effort to target East L.A. Authorities will launch a ``zero-tolerance'' anti-graffiti drive July 1 in some parts of Los Angeles County to remove the illegal writing within 48 hours after being reported. Supervisor Gloria Molina said the program will begin in parts of East Los Angeles East Los Angeles, uninc. city (1990 pop. 126,379), Los Angeles co., S Calif., a residential suburb of Los Angeles, in an industrial area. It has a large Mexican-American population. There is a performing arts center and a cultural center. A junior college is there. , the South San Gabriel South San Gabriel may refer to:
``The No. 1 concern of First District residents is the problem of graffiti, and the blight that it brings upon neighborhoods,'' Molina said. The program is paid for with a combination of Community Development Block Grant money and road funds administered through the county Department of Public Works, officials said. ?13City News Service Agency's OK urged for report on arena The city's redevelopment chief urged the board of the Community Redevelopment Agency on Wednesday to approve the environmental report on the 20,000-seat sports arena to be built next to the Convention Center. ``It is believed that the project will generate a significant boost to the local and regional economy by bringing in new jobs, revenue and business opportunities,'' CRA See Community Reinvestment Act. administrator John Molloy wrote. ?13City News Service Police hunt for rape suspects using van Police sought three men Wednesday who are suspected of gang-raping and kidnapping a 14-year-old girl they abducted abducted Distal angulation of an extremity away from the midline of the body in a transverse plane and away from a sagittal plane passing through the proximal aspect of the foot or part, or away from some other specified reference point at gunpoint near Jesse Owens County Park. The attack occurred Tuesday afternoon near Western Avenue and 96th Street, said Los Angeles police Sgt. Mark Caswell of the 77th Street Station. The early '80s model light blue van had a tinted, bubble window in the rear and may have been used by gardeners, ``due to grass on the floor of the van,'' said police spokeswoman Angela Grant. The men were all 30 to 35 years old. One weighed about 165 pounds and had a black T-shirt with the letters ``DARE'' on the front; another weighed about 185 pounds and was bare-chested, with a 5-inch scar on his chest; the third was 5 feet 8 inches and about 190 pounds. Those with additional information about the suspects or the whereabouts of the van were urged to call (800) 276-3300, during normal business hours BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a . After 5 p.m., tipsters should call (213) 485-2504. ?13City News Service |
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