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Morning News Roundup
Connecting the Dots: Top news stories for Wednesday, May 16, 2012
(Mercury News) // The Santa Clara Valley Water District is under investigation after reports that hydraulic oil was spilled into several of the district's reservoirs. The investigation comes as the district is asking voters to go to the polls this November to renew taxes that support its Clean, Safe Creeks and Natural Flood Protection plan...
(Sacramento Bee) // A day after Governor Jerry Brown proposed cuts to state government workers' hours, many employees are wondering what the cuts will mean for them -- and if state legislators will be taking a pay cut as well...
(SFGate) // Oakland's city council voted unanimously Tuesday night to expand a program fighting urban blight. According to the new regulations, banks would have to register houses on the city's blight database when they send owners a note of default, maintain and perform regular visual inspections of a property, and pay an annual fee to the city if the property remains vacant...
(NY Times) // Northern California's suburbs are once again prime real estate -- for pot growers. Grow houses have popped up in Vallejo, Pittsburg, and Elk Grove as growers take advantage of quieter neighborhoods and low housing prices in communities with high foreclosure rates...
(Mercury News) // Facebook's IPO could mean big bucks for the company -- and California. The state's Legislative Analyst's Office now estimates the company's taxes could bring in up to $2.1 billion in taxes through 2013. That's one-fifth of the total growth in the state's personal income tax revenue...
(LA Times) // The battleship Iowa is headed for a new home in LA after spending 11 years in the San Francisco Bay. Keep an eye out this weekend -- the ship will pass under the Golden Gate Bridge Sunday at a seasonally low tide. The Iowa was launched in 1942 and was a favorite of FDR.