Business

Shark Tank Could be Playing Name Game

Hewlett Packard CEO Leo Apotheker’s move to exit the consumer computer business could bring more bad news for San Jose’s budget. The Palo Alto computing colossus currently pays San Jose and the arena’s management firm $3.25 million annually to hang its sign at the HP Pavilion’s entrance. Of that amount, $1.25 million goes directly into the city’s general fund. But with the agreement set to expire at the end of 2015, and HP’s plan to spin off its line of PCs—like the “Pavilion” models—the Shark Tank’s proper name seems unlikely to stick.

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A Look Back at Labor Day

This week, as scripted by federal law, most of us enjoyed a national holiday lobbied for by the labor movement in the late 19th century. The intention of labor leaders was to create a commemorative day where the average American worker was recognized for their contributions to the nation and its people. But too many Labor Day celebrations on Monday were without the flourish and pomp paid to labor that I grew up with many decades ago.

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Pose Questions to SCV Water District CEO

In an effort to keep readers better informed about and involved with community issues, San Jose Inside is unveiling several new features in the coming weeks. Our Q&A series allows readers to become reporters and ask questions. If you’ve ever wondered why a certain question wasn’t posed, this will be your opportunity to step forward and ask. This week, Santa Clara Valley Water District CEO Beau Goldie has agreed to answer your questions.

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The Bonds That Tie

The local bail bond industry has taken aim at a county program that lets people get out of jail for free.  A group calling itself California Coalition for Pretrial Accountability is now building a war chest and “intends to lobby key decision makers” to eliminate the “Own Recognizance Release Program” (ORP) and other pre-trial services.

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Last Year of Music in the Park?

Rising costs and complaints have cast a cloud over one of the city’s favorite events, Music in the Park. The San Jose Downtown Association will decide this fall if this should be the 23rd and final year of the free summer concert series.

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Incubators in Spotlight at Special Meeting

The City Council will hold a special meeting on Wednesday to determine if the city should conduct an audit of the San Jose Redevelopment Agency’s incubator programs. As San Jose Inside first reported, a study buried for two years shows the RDA spent more than $30 million on start-up companies that often provided a poor return on investment.

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Golf Courses Could Be on Chopping Block

Faced with its 11th straight year of a budget shortfall, the city of San Jose is considering selling off and/or converting land used by public golf courses to prevent further cuts to libraries and community centers come next summer. Mayor Chuck Reed and other city officials will be holding the first of several community meetings at 6pm Wednesday at the Mayfair Community Center.

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Airport to Get Bulk of Council’s Attention

The City Council will meet Tuesday to discuss a variety of topics relating to Norman Y. Mineta San Jose International Airport. Included in items to be discussed are: an advertising concession agreement with Clear Channel, Inc.; leasing space agreements with airlines; public transit for the airport; and development of land west of the airport.

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Did RDA Waste $30 Million?

Councilmember Sam Liccardo submitted a memo late Thursday calling for an audit of four incubator programs funded by the San Jose Redevelopment Agency. The request responds to a 2009 study—unseen by most city officials for two years—which finds that RDA spent more than $30 million on business-building incubator programs which, it says, showed very poor returns on investment.

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Newsom Talks Shop in San Jose

Lt. Gov. Gavin Newsom made an appearance Friday at an event hosted here in San Jose by the Silicon Valley Leadership Group. At the event, he proposed several plans to boost the state’s economy while also eliminating agencies that he says are redundant.

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Nancy Pyle Pushes for Tax Change

As city staff studies a number of proposals on how to fix San Jose’s budget crisis, one idea in particular is likely to have some local business owners up in arms. Councilmember Nancy Pyle submitted a memo at Tuesday’s council meeting that recommends modifying the business tax for establishments that offer services. These businesses are taxed by the number of employees they have rather than sales.

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Stadium, Pension Cuts on Same Ballot?

Mayor Chuck Reed sent a letter to Bud Selig last week, once again urging the Major League Baseball commissioner to come to a decision that would grant the Oakland A’s permission to relocate to San Jose. A few days later, the mayor announced that San Jose was in a fiscal and public safety emergency, and he wants the city to move toward putting measures on a November ballot to slash public-employee retirement benefits. The timing of the two actions could be coincidental. But then again, maybe not.

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Mahood Takes Over as Chamber CEO

Matthew Mahood, 45, has been named the next president and CEO of the San Jose Silicon Valley Chamber of Commerce. Coming over from the Sacramento Metro Chamber of Commerce, where he has held the lead role since 2002, Mahood will be replacing Pat Dando.

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