Daily Business Report-April 7, 2021
Resilience Fund provides cash grants to support small restaurants, employees
Restaurants Care, along with many corporate donors including SDG&E, is funding the Restaurants Care Resilience Fund which provides cash grants to support small restaurants and employees.
Currently, eight counties across California are eligible, including San Diego County. San Diego County businesses that have less than 50 employees, lost 20 percent of revenue (2019-2020), and are still open, can apply for $2,000 grants.
Applications will open April 11-18. A 20-minute webinar will be hosted on April 7 at 10 a.m. for instructions on how to apply. A Spanish webinar will also be held on April 8 at 10 a.m. Each webinar will cover eligibility requirements, the application process, as well as take questions.
Restaurant worker. (Courtesy of Restaurants Care)
Carlsbad approves 95 housing units at La Costa Town Square
A new residential housing development consisting of 95 units was recently approved by Carlsbad City Council. According to Jason Goff, a senior planner with the City of Carlsbad, Terramar Retail Centers LLC will subdivide the 7.2-acre parcel into two lots for multi-family residential condominium units. A total of 18 three-story buildings are proposed as the development includes 76 market-rate townhome condominiums and 19 affordable housing units. The 19 onsite affordable units meet the minimum 20 percent inclusionary housing requirement.
Units will range in size from 563 square feet to 1,603 square feet for the project adjacent to the La Costa Town Square development. The planned development is located behind Vons, east of the Rancho Santa Fe and La Costa Avenue intersection.
Sean McGlynn hired as Escondido’s new city manager
The Escondido City Council unanimously approved hiring Sean McGlynn as Escondido’s new city manager, replacing long-time city employee Jeff Epp, who is retiring from the city’s top administrative post. Epp announced last spring that he planned to retire after a 35-year career with the city, as both city attorney and city manager.
Mcglynn will transition from his current role as city manager of Santa Rosa.
McGlynn’s first day his new role will be June 29.
Epp will continue his temporary assignment as city manager until McGlynn takes over.
Theresa Grady promoted to chief financial officer of Jamul Casino
Theresa Grady has been promoted to chief financial officer of Jamul Casino. Her advancement comes after nearly four years with the casino as its former director of finance, where she was involved in building the casino’s Finance, Audit, Vendor Payments, Payroll, and Count Operations teams, and in helping spearhead the completion of the Casino’s recent refinance in January 2021.
Grady has nearly 25 years of experience in finance, with more than 14 of those years in a casino setting. In her new role as Jamul Casino’s CFO, she will add oversight of the Compliance, Procurement, and Cash & Club Services department to her existing responsibilities.
Grady was involved in the finalization of the recent refinance of the casino, a process that was initiated in 2019 and completed in 2021 due to pandemic delays.
Prior to joining Jamul Casino, Grady worked for 11 years in finance for another Southern California casino, and for nearly 10 years in finance for other industries. She earned her Bachelor of Science degree in Business Administration, Accounting from San Diego State University.
San Diego Repertory Theatre managing director to retire after 13 years
San Diego Repertory Theatre announced the impending retirement of Managing Director Larry Alldredge, who has led the Downtown theater through multiple construction projects and financial successes the past 13 years. The theater company has contracted with a search firm to find a successor. Alldredge will remain on the job until the new managing director is in place.
“Larry is a one-of-a-kind managing director and a true hero of the arts in San Diego theater history.” says REP Artistic Director Sam Woodhouse. “There are so many ways that Larry has made it possible for us to reach for our artistic dreams and climb to new heights of quality and inclusiveness.”
Alldredge previously lead a successful career in satellite communications at Qualcomm before retiring as vice president of technology. His lifelong love of theater began with Community Theatre of Terre Haute, Ind. Along with his wife and eventual REP Board President Dawn Moore, Alldredge became a patron of San Diego REP, coming to be its greatest advocate, largest donor, a member of the board of trustees, and eventually managing director.
First townhomes go on sale at historic center of Poway
The Poway Commons project is a mixed-use, infill community located on either side of Poway Road at Civic Center Drive adjacent to the Poway Library. The first new townhomes in the historic center of Poway will go on sale this month with occupancy beginning in the late summer.
The development consists of 97 market-rate townhomes and flats developed by Meridian Communities and 44 affordable apartments for seniors developed by Chelsea Investment Corp., a major developer of affordable housing. “We’re excited to give working families the option of living in an eminently walkable neighborhood in Poway, surrounded by excellent schools, convenient shopping, great recreation, and high-tech employment centers,” said Guy Asaro, president, and CEO of Meridian Communities.
Baja Norte becomes Baja California — again
The State of Baja California is unveiling a new name, logo and website effective April 6, 2021. Previously known as Baja Norte, the northern region will return to its historic name of Baja California. In addition to the updated branding, the state anticipates moving to the green phase of reopening in the next few weeks.
Encompassing seven tourist destinations, including its capital of Mexicali, along with Tijuana, Ensenada, San Felipe, Rosarito, San Quintín and Tecate, the state of Baja California occupies the northern half of the Baja California peninsula. The name was changed to Baja California Norte in 1974 to distinguish it from the southern state of Baja California Sur, but by 1979 it was officially called Baja California again. However, all of its tourism efforts continued to fall under the moniker of Baja Norte. The rebrand allows the state to finally move back to its true name.
U.S. Supreme Court sides with Google in legal dispute with Oracle
CalMatters
In a ruling with massive implications for Silicon Valley, the California economy and the future of tech innovation, the U.S. Supreme Court sided with Google in its 11-year legal dispute with Oracle.
What was the case about?
First, the English version: Oracle built some tools for computer programmers. Google built a similar set of tools and gave them identical names, so that they would be familiar to experienced coders. Oracle sued for $9.6 billion.
Now, for the tech-savvy readers: Google lifted declaring code from Oracle’s Java SE application programming interface when the Mountain View search giant built its Android smartphone operating system.
Justice Stephen Breyer, writing for the six-member majority: Using “lines of code that were needed to allow programmers to put their accrued talents to work” was “a fair use of that material.”
That’s a huge deal for techdom. Hence the many articles alluding to a “sigh ofrelief” from programmers worldwide.
For its part, Oracle, no start-up itself, used their courtroom defeat as an opportunity to blast Google’s market power.
Oracle vice president Dorian Daley: “They stole Java and spent a decade litigating as only a monopolist can.“
