Arcadia-based Software Technologies Corp. is introducing a new computer software product that allows hospitals and other health-care networks to access medical and patient information via the Internet.
Arcadia named most business-friendly city finalist in the Eddy Awards by the Los Angeles County Economic Development Corp. See also Arcadia Weekly, p. 11, September 29, 2016.
Remembering Charles Gilb on Veterans Day. Biography of Charles Gilb, "Potato King," a former Staff Sergeant in the Marine Corps, businessman in the produce industry and former Arcadia City Council member. He served four terms as mayor.
Arcadia Museum Foundation raises $450,000, approaching goal of $500,000, for Education Center at the Ruth and Charles Gilb Arcadia Historical Museum, with a barbecue on August 26, 2012.
Last year it seemed Santa Anita Park might be sold in a bankruptcy auction, but it appears owner Frank Stronach will keep an interest in the track. Under a deal arranged by Stronach's bankrupt Magna Entertainment Corp. (MEC) and its creditors in a Delaware bankruptcy court, ownership of the track would be transferred to MI Development, a real estate holding company controlled by Stronach. If a judge accepts the plan, Stronach would also retain ownership of Golden Gate Fields in the Bay Area, and Gulfstream Park in Florida. Also, it sets up developer Rick Caruso to proceed with building the Shops at Santa Anita mall that is proposed for the track's parking lot.
The Oak Tree Racing Association lost its lease to operate its fall horse racing meet at Santa Anita Park. Oak Tree has operated a fall meet at the track since 1969. Due to bankruptcy restructuring, Frank Stronach's company MI Developments took control of Santa Anita Park from Stronach's Magna Entertainment Corp (MEC). MI Developments wants to negotiate a new lease agreement with Oak Tree for fall racing.
The California Horse Racing Board authorized Oak Tree Racing Association to have its traditional fall meet at another thoroughbred venue in Southern California since the association's use of Santa Anita Park is still uncertain. MI Developments, which is chaired by Frank Stronach, recently voided Oak Tree's contract after acquiring the race track from Stronach's Magna Entertainment Corp (MEC) through federal bankruptcy proceedings. Oak Tree's director Sherwood Chillingworth said, "If we can't make a deal with Santa Anita...we can take our dates and run them in Hollywood or Del Mar."
Santa Anita Park's ownership changed hands on April 30 after Frank Stronach's Magna Entertainment Corp. (MEC) transferred many of its assets to Stronach's MI Developments (MID) (one of MEC's creditors), as part of a bankruptcy restructuring plan. Last week MI Developments, a real estate operating company, canceled its 2005 agreement with Caruso Affiliated to develop to the proposed mall known as The Shops at Santa Anita, but this week MI Developments hopes to work out a deal with developer Rick Caruso to build an upscale retail project in the track's parking lot.
Magna Entertainment Corp., owner of Santa Anita Park race track, which is in bankruptcy reorganization hearings, filed a plan that would cancel its 2005 agreement with Rick Caruso to develop the 830,000 square feet Shops at Santa Anita on the race track's south parking lot. Caruso filed an objection to the move in bankruptcy court, citing "substantial economic harm" to Santa Anita Associates, LLC, the legal entity that was going to develop the project. Santa Anita LLC has so far invested over $25 million to the project's development. Caruso is committed to developing the project in Arcadia. If the contract is indeed terminated between the parties, Magna would have to start from scratch with new plans, new environmental impact reports, and new hearings to propose another development.
The Ruth and Charles Gilb Arcadia Historical Museum celebrates its tenth year anniversary with an exhibit called Ten Years and Counting: the Legacy of the Ruth and Charles Gilb Arcadia Historical Museum, through October 29.
Charles James Rouchka, an Arcadia resident who died in 2009, will be honored as a member of the Legacy Society of the San Gabriel Habitat for Humanity.
In additon to the $300,000 donated by Ruth and Charles Gilb, another $85,000 has been contributed from the community for the new Arcadia Historical Museum.
Former Mayor Charles Gilb and Ruth Gilb will donate $300,000 to build a new historical museum. The historical society will contribute an additional $100,000.