Archive of: Tacoma

Title Issue

Horizon Lines extends agreement at Port of Tacoma

Horizon Lines has extended its agreement to call at the Port of Tacoma for at least six more years. The company's prior agreement with APM Terminals was scheduled to expire Dec. 10.

The new agreement confirms continued stevedoring and terminal services with APM Terminals in five North American cities, including Tacoma. The agreement keeps about 150 terminal-related jobs in Pierce County.

March 2010
Sneak peek at Cheney Stadium renovation

Sneak peek at Cheney Stadium renovation

During today's Tacoma City Council study session, the Cheney Stadium Advisory Panel and design team Mortenson, Populous and Belay revealed details of Cheney Stadium's first full renovation in 51 years.

The $30 million, multi-party funded project is scheduled to be completed by opening day of 2011.

March 2010

RPFG stock being delisted

As a result of the closure of Ranier Pacific Bank, Rainier Pacific Financial Group Inc.'s stock will be delisted from the the NASDAQ Stock Market on March 11.

Trading in the company's common stock was halted by NASDAQ on Monday.

March 2010

City's 2009 Performance Management Report available

The City of Tacoma has released its 2009 Performance Management Report to Citizens, which provides an overview of the measures and efforts under way to achieve the City Council's strategic goals.

As part of the strategic direction for 2008-2012, the council established three priorities: a safe, clean and attractive community; a diverse, productive and sustainable economy; and a high-performing, open and engaged government.

March 2010

New owner, no problem

State and federal regulators swooped in early Friday evening to terminate the extended agony that was Rainier Pacific Bank and install new owners. Perhaps it is a sign of the times that the public barely noticed.

Umpqua Bank, a subsidiary of Roseburg, Ore.-based Umpqua Holdings, acquired the banking operations of Rainier Pacific in a purchase and assumption agreement with the Federal Deposit Insurance Corp. It had participated in a competitive bid process and the accepted bid included a 1.04 percent deposit premium on non-brokered deposits, and a negative bid of $13.1 million on assets acquired.

March 2010

Around the Sound

The Arts Commission of the City of Olympia invites local artists and arts organizations to join a free monthly community arts roundtable that will give participants the opportunity to exchange ideas, share experiences and create strong local support for their work.  The next meeting is at 6 p.m. March 1 in the Olympia Timberland Library meeting room, 313 8th Ave SE.  The topic is Costume Design and the guest speaker is Mishka Navarre-Huff, costume shop manager at the University of Puget Sound. 

Saint Martin's University is hosting a Servicemembers Opportunity Colleges - Army Department on March 2 at the University's Norman Worthington Conference Center. The one-day workshop will discuss elements of degree networks, outreach, recruiting, and "after service" opportunities. The workshop will be limited to 70 institutional attendees so advance registration is recommended. For more information, or to sign up,  contact Judith Loomer or Cruz Arroyo.

March 2010

Umpqua takes over Rainier Pacific Bank

The Washington Department of Financial Institutions closed Rainier Pacific Bank at 6 p.m. Friday, citing inadequate capital and severe loan losses. Immediately following the closure, DFI named the Federal Deposit Insurance Corp. as receiver of Rainier Pacific Bank.

The FDIC immediately entered into a purchase and assumption agreement with Umpqua Bank, headquartered in Roseburg. The Oregon-based unit will assume all deposits and certain assets of Rainier Pacific Bank, except certain brokered deposits, which will be paid out by the FDIC.

February 2010

2010 SHIFT Award honorees selected

The 2010 SHIFT Awards recognizing technology achievements in the South Sound have been selected. Tacoma honorees are:

• BCRA - Conservation Technology
• Hotel Murano - Social Media
• Internet Identity - Online Security
• MorphoTrak - Biometric and ID Technology

February 2010

9 Tacoma businesses busted

Nine Tacoma businesses failed liquor compliance checks conducted Feb. 19 by the Washington State Liquor Control Board and the Tacoma Police Department.

The businesses cited for selling alcohol to investigative aides working with liquor enforcement officers include:

  • Park Avenue Foods, 7214 Park Ave.
  • Royal 76, 5015 Center St.
  • 7-12 Grocery, 4002 S. Center St.
  • AM/PM Mini Mart No. 5911, 3601 Center St.
  • Hosmer 76 & Car Wash, 8235 S. Hosmer St.
  • 7-Eleven Food Store No. 26857, 3115 Sixth Ave.
  • Doyle's Public House, 208 St. Helens
  • Main Street Grocery, 901 Martin Luther King Jr. Way
  • Pearl Deli & Grocery, 3701 N. Pearl St.

February 2010

Blog watch: Arts, Evergreen, Hyer, revenue/taxes

If you live in Pierce County District 4 (that would mean Tim Farrell is your council member) and you're interested in the arts, check out Exit 133 for information about serving on the Pierce County Arts Commission.

Check out Olyblog for some reflections and explanations on the Evergreen HCC occupation and "The real damage done by Mr. Hyer."

February 2010
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