News Poll
 
Of these, what would be the biggest impact from opening a charter school in Hollister?
Better options for the students
 
(57%)
Unfair advantage for those enrolled
 
(6%)
More innovative teaching practices
 
(9%)
Less innovative teaching practices
 
(1%)
Improved offerings at traditional schools
 
(8%)
The fostering of racial segregation
 
(19%)
Total Votes:208

Thank you for voting in this poll.

This poll is closed.

Past Polls
   Top News
 
   Opinion
 

 Editorial: Target the problem owners
Aug 31, 2010
 
 Editorial: Fires are an alarm bell
Aug 24, 2010
 
  More Opinion...
   

NEWS > CITY AND COUNTY GOVERNMENT


Honda store's loan payback extended by city
Jun 23, 2009

Photo by: Free Lance file photo
ADAM BREEN

Business was brisk at the local Hollister Honda store on San Felipe Road until recently, when the affects of a slumping economy forced its owners to seek an extension of the loan repayment terms with the city's Redevelopment Agency.

The agency in 2006 approved a loan of up to $1.5 million for the business, which sells Honda motorcycles, watercraft and all-terrain vehicles. The store is one of two so-called "Level 5" businesses in the state, meaning it carries nearly everything that Honda makes - except cars. In 2007, the RDA provided an additional loan of $400,000 to the business, which was one of the top 10 sales-tax generators in the city in 2008, according to city officials.

The original loan terms included a deferment period that meant business owners did not have to make principle or interest payments while the store got on its feet. The modified loan, approved at the Hollister City Council meeting June 15, extends the deferment period for two more years.

Look for the full story in The Pinnacle on Friday.

For a Free Lance story published when the Honda store opened, go here.


POST A COMMENT

If you are under 13 years of age you may read this message board, but you may not participate. Here are the full legal terms you agree to by using this comment form.

blog comments powered by Disqus

Add to Google Add to My Yahoo!  Email This Article  Print
 News: City and County Government
Solargen proposal in limbo after ag commission's vote
Sep 2, 2010
 
San Juan ready to consider second gas station
Sep 2, 2010
 
Farr touts ag industry's potential in annual visit
Sep 2, 2010
 
Parking enforcement stalled as search continues
Sep 1, 2010
 
 News: Crime and Fire
Suspected gang leader from Hollister was a commander on streets
Sep 2, 2010
 
Second fatal in a week on same area of Highway 101
Sep 2, 2010
 
Hollister man injured in rollover on Highway 25
Sep 1, 2010
 
Canadian soldier has sentencing delayed
Sep 1, 2010
 
 News: Schools
An Auto Shop Upgrade
Aug 30, 2010
 
District transfers are about finding the right balance
Aug 26, 2010
 
Class sizes balloon, but numbers remain unofficial
Aug 23, 2010
 
Latest test scores climb for San Benito schools
Aug 20, 2010
 
More City and County Government... More Crime and Fire... More Schools...


 Obituaries

 Jack Tyler
5/17/1944 - 8/27/2010

 Maria deAvila Leon
7/15/1921 - 8/26/2010

 Candelaria Gamboa
4/14/1944 - 8/25/2010

 Mateo Zuniga
7/27/1924 - 8/15/2010

 Antonia Elyse Churchill
10/8/1924 - 8/19/2010

 Ronald V. Bacich
10/12/1937 - 8/21/2010

 Mary Catherine Ward
2/9/1944 - 8/9/2010

 Nieves Lopez Daniels
8/10/1926 - 8/20/2010

 Fred Joel Hawkins Jr and Johnie Lucille Hogan Hawkins
4/7/1915 - 8/13/2009
 Photos
News
     
Sports
     
Special Events
     
Full Pages
     
 Videos
The Score: Baler football and boys and girls water polo
Sep 2, 2010
 
The Score: PBR preview, power lifting and volleyball
Aug 25, 2010
 
Video: Meth, cocaine bust in Gilroy
Aug 20, 2010
 
Video: Firefighters put out west-side blaze
Aug 18, 2010
 
 Special Reports
 Most Wanted
 
More Obituaries... More Photos... More Videos...
Advertise | Contact Us | Subscriber Center | RSS Feed
Copyright © 2010 | MainStreet Media Group | All rights reserved.