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May 2009
The Kitsap Peninsula Business Journal archives all articles into these pages. Feel free to browse back through Kitsap history and read news from as far back as the turn of the century! All articles from the print edition will be archived in this directory.

At a special meeting this afternoon, the Kitsap County Consolidated Housing Authority Board of Directors approved a set of documents which set the stage to resolve KCCHA debt issues related to the Harborside Condominiums, and the Poplars project.

The Harborside project was financed and developed by KCCHA as the Urban Renewal Agency for the City of Bremerton, with the debt guaranteed by Kitsap County. Due to the dramatic and unexpected collapse of the housing and credit markets, KCCHA became unable to restructure, or repay the loans at their maturity. read more »

 
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At the Port of Bremerton meeting this morning, it was announced that Bremerton Mayor Cary Bozeman will resign his position to become the new Chief Executive Officer for the Port of Bremerton. He will begin his new job on June 8, and will be paid a salary of $120,000 annually.

Bozeman, who was first elected in 2002, had originally planned to run for re-election this fall, against challenger Mike Shepherd. With Bozeman’s resignation, Bremerton City Council President Cecil McConnell will serve as interim Mayor. read more »

 

At the Port of Bremerton meeting this morning, it was announced that Bremerton Mayor Cary Bozeman will resign his position to become the new chief executive officer for the Port of Bremerton. Bozeman will begin his new job on June 8, and will be paid a salary $120,000 annually.

Bozeman, who was first elected in 2002, had planned to run for re-election this fall, against challenger Mike Shepherd. read more »

 

For years, Washington tax reformers have coveted Oregon’s income tax while their Oregon counterparts believe adopting Washington’s sales tax would plug a gaping hole in their tax system. And for years, voters in both states have overwhelmingly rejected proposals to adopt the other state’s system.

Oregonians will point to their two-legged tax stool, claiming their property taxes are too high and the income tax doesn’t raise enough money in recessionary times. Thus, Oregon needs a sales tax.
 read more »

 
WA CASH Program grows and evolves to fill a real need

When Janette Pulido decided to open a hair salon with Mayte Madera, the task seemed overwhelming. But unlike many nascent entrepreneurs, Pulido had help. A participant in the Washington CASH program, she was able to learn about sales forecasting, money management, research and business planning — all before opening her business.

“I feel like it’s a lot easier than it would have been without their help,” she says. The two women opened their new salon, Mayte N Janette, on North Callow Avenue in Bremerton in March, and right away they had five to seven walk-ins a day, more than the four clients they had forecasted. They hope to expand the business by offering two of the four chairs for lease. read more »

 

Dozens of real estate agents in Kitsap have left the industry this year, reflecting a statewide trend. But some local real estate offices are still seeing growth, including incoming agents who are new to the profession. Realtors are cautiously optimistic that the residential market is on the uptick — although on the commercial front, the economy has caught up with the market, slowing things down considerably. read more »

 

J. Lennox Scott J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, reported that housing activity in the “more affordable” price ranges in the Puget Sound region is beginning to see an uptick which he attributes to the American Recovery and Reinvestment Act that was signed into law by President Obama on Feb. 17. Scott defines “more affordable” as homes that are priced at or below the median home price in a designated market area. read more »

 

The Meadows at Sylvan, one of the states first “green” developed plats celebrated it’s completion with a ribbon cutting ceremony recently.

Sylvan Meadows, located at the West end of Sylvan Way was developed under “green” Low-Impact Development guidelines, which include road beds and sidewalks made of recycled concrete and paving the main roads with pervious asphalt, which eliminates the need for a large visible retention pond commonly seen in new plat construction. The 11.48 acre plat features 22 single family home lots and 22 town home lots, and more than 4 acres of dedicated open space. read more »

 

Olympic College recently announced that the Sustainable Building Advisor Certificate Course will move from the Poulsbo campus to the Bremerton campus effective Fall 2009. The course, offered in nine two-day sessions over the course of nine months, is specifically designed for design and construction professionals, tenant and developer representatives, project managers, resource conservation specialists and other building professionals. It prepares professionals to take the CSBA exam, which provides the nationally recognized Certified Sustainable Building Advisor designation. read more »

 

Attorney General Rob McKenna joined a group of other attorneys general and state banking regulators in sending a letter urging federal officials to encourage national banks and federal thrift-servicing operations to modify mortgage loans that are becoming unaffordable for consumers.

The letter to U.S. Comptroller of the Currency John C. Dugan and John M. read more »

 

The Housing Authority of the City of Bremerton recently announced that it has received $1.45 million in stimulus funding through the American Recovery and Reinvestment Act .

BHA’s award comes through the HUD’s Capital Fund Program, which is targeted specifically for expanding and improving public housing. read more »