Newspaper Archive of
The Julian News
Julian , California
February 24, 2010     The Julian News
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February 24, 2010

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10 The Julian News ~i~i ~ii~~:~': /!~iil~ .... ~:~!ii Lovely home on 1/2 acre in Whispering Pines. 2+ bedroom, 2 bath, 1880 Sq Ft. Cul-de-sac. Nice treed yard. $399,500. 2127 Main Street (Next to Town Hall) SWEET COUNTRY HOME with 3+ Bedrooms and 2.5 Baths on 1.29 view acres. Lots of decking all around, up-dated kitchen, and many wood appointments add to the charm of this country home. $369,000. Dennis Freiden Jane Brown-Darch6 Deborah Jane Kerch Colleen Kaltenthaler 5.91 Acres - 3153 Williams Ranch Rd., Wynola,- private well, septic layout for 4 home, lovely views, secluded location - Owner May Finance with large down.- $299,000. 5252 Pine Hills Road - 6+ Acres water meter, available 299,000. Local EPerience Since 1988 * Long Term Forest Maintenance and Planning * Hazardous Removal and Precision Felling * Ornamental Pruning and Lacing * Brush Clearing and Chipping * Stump Grinding FREE ES TIMA TES Fully Insured for Your Protection ERIC DAUBER H: 760-765-2975 C: 760-271-9585 PO Box 254 JULIAN, CA. 92036 WE-8690A This Home Is A Steal! Just Reduced Amazing Views 2,725 sq ft. 3 large bedroom suites, each with own bath. Built in 2004. Entertainer's kitchen fully equipped with the finest appliances. This home has all the high-tech bells and whistles including a detached hobby room. Listed at $529,000. http.'//31911akeview. MediGap Changes continued from page 8 states to adopt certain changes to Medigap insurance policies. These changes became law in California on July 2, 2009 when AB 1543 was signed by Gov. Arnold Schwarzenegger. Under the new law, all of the Medigap Plans have been revised; some of the lettered plans were changed, some were dropped and some new ones were added. Some of the common questions that have been anticipated include: Q: Do I need to buy one of the new Medigap Plans? A: No. If you are satisfied with your current Medigap Plan, you can keep it as long as you continue to pay the premiums. You should only buy one of the new Medigap Plans if your old Plan no longer meets your needs or if the premium is too high and you can buy a new Plan that meets your needs with a lower premium. Q: What happens to the Medigap Plans people already have or buy before June 1, 2010? A: Nothing happens to them. A Medigap Plan is guaranteed renewable for as long as you want to keep it and the premiums are paid. If you keep your current Medigap policy, your benefits will stay the same regardless of the changes to the law. Q: How do these changes affect me? A: In order to understand how the new law affects you, you need to know which type of Medigap Plan you have. If you are not sure, contact your insurance agent or the insurance company that issued your policy and ask. Seniors today are facing an increasing number of obstacles when making decisions about insurance. Changing laws, new choices and the prevalence of scams combine to make important insurance decisions even more stressful. Seniors are victimized more than any other demographic by life and annuity fraud scams. The best way for seniors to make informed and safe decisions is to become familiar with the facts. The California Department of Insurance (CDI) Senior Information Center is an excellent resource for seniors and their family members. The Senior Information Center includes online information guides for various insurance products that are of particular interest to seniors. Additionally, the site provides advisories and notices to increase awareness about scams and unscrupulous agents who may try to take advantage of unsuspecting individuals. It also provides tools for seniors to check the license status of an insurance agent or company to make sure that they are authorized to do business in California. This new online tool also continued on page 12 February 24, 2010 Grocery Set To Re-Open On Jack's Birthday by Michael Hart Jack's Grocery was a mainstay on Main Street for the forty years that Jack and Virginia Stadelli owned and operated the business. This weekend, Saturday February 27th Janice Olsen (Jack and Virginia's daughter) and husband Dennis will reopen for business and Jack's Grocery will once again be apart of our community. "It was my brother Don's idea to do the reopening on our father's birthday", explained Janice. "We had the most awesome support during the remodeling process. Nothing would have been possible without the assistance of our mother, Virginia. She financed the entire remodeling/renovation process of Jack's. Thank you, Mom." "Dennis and I, along with our family would like to acknowledge Robert George, the foreman of the remodeling project' and Dave Hackstedde, the electrician, plumber and refrigeration specialist. We thank them for their excellent work, insight and dedication to restoring our historic building to a tasteful and ascetically pleasing state that is also more functional than it was in it's previous life. We never \ could have accomplished the remodeling of this building had it not been for their commitment to making Jack's a truly beautiful, functional store. We are very proud of Robert and Dave and the work they provided us. We were relieved when the process was completed but also a little sad to say goodbye to our crew. As Dennis says, "every day during the remodel was a great day. These guys knew what they're doing and had a great attitude while doing it." Thank you Robert and Dave." We want our customers to know that we are dedicated to this community and will provide them with the same quality merchandise and customer service that we did when we operated the business in the past. Jack's has always been a place where you can come to continued on page 15 Jacks kids and wife; Mike Stadelli, Virginia Stadelli, Dennis and Janice Olsen and Don Stadelli have jumped through all the hoops and over the hurdles for the re-opening of Jack's Grocery this Saturday. Capitol Bancorp Announces The Planned Sale Of California-Based Napa Community Bank ' To Rabobank Rabobank To Continue Model Of Service And Community Involvement In Napa Valley LANSING, Mich. and ROSEVILLE, Ca.: February 16, 2010: Capitol Bancorp Limited (NYSE: CBC) and Rabobank, N.A. today jointly announced the planned sale of Capitol's California-based affiliate, Napa Community Bank, to Rabobank, a community bank with more than 100 California locations, for an initial cash consideration approximating :$'25 million and other contingent considerations. Part of global financial services leader Rabobank Group, Rabobank, N.A. is a community-oriented bank with $10 billion in assets, providing full retail and commercial banking services primarily in non-major metropolitan and agricultural markets across a 700-mile expanse of California. "We look forward to welcoming Napa Community Bank customers and employees to Rabobank," said Ronald Blok, CEO of Rabobank, N.A. "The Rabobank and Napa Community Bank organizations have much in common, most importantly a strong commitment to community-oriented banking, personalized service and local investment." The purchase is a step forward in Rabobank, N.A.'s growth strategy to expand its branch presence into key agricultural areas such as the Napa Valley wine country, where the Rabobank Group as a whole already has a lending portfolio of more than $500 million, primarily to wineries and others in the food and agribusiness industry. Over the last 15 months, Rabobank has opened 12 new branches in California, bringing the total to 92. The bank also has 15 financial service centers, including one in Santa Rosa. "By combining our two banks," said Blok, "we will be able to offer all our customers increased convenience with a more extensive network of branches and ATMs, and also provide our full suite of banking products and services to a broader range of clients in the Napa Valley. We'll do this while continuing to meet the high standards for service excellence and community engagement that have been the hallmark of Napa Community Bank's success." Rabobank, N.A. is backed by the financial strength and stability of its parent company, Rabobank Group, which is rated as one of the safest banks in the world, Rabobank Group and Rabobank, N.A. are both well-capitalized and meet the needs of customers without government assistance. Rabobank Group and Rabobank, N.A. are not participating in the U.S. government's Troubled Asset Relief Program nor any financial assistance programs operated by other governments. "Under the leadership of President and CEO Dennis Pedisich, Napa Community Bank has consistently delivered solid performance and great customer service. We are pleased to partner Napa Community Bank with an organization like Rabobank, which will continue the bank's tradition of high standards for performance and service as well as its commitment to serving the Napa community," commented Capitol's Chairman and CEO Joseph D. Reid. Rabobank expects to retain all Napa Community Bank staff, including all senior management, commercial and branch employees. Dennis Pedisich will become the Napa Valley Regional President for Rabobank, N.A., managing the local business for the bank. "The entire staff is excited about this partnership with Rabobank," said Dennis Pedisich, "as we share the same core community banking values and approach to doing business. We've asked our Board of Directors to stay on as advisory board members, further demonstrating both Rabobank's and Napa Community Bank,s continuing commitment to our market and our customers." Reid added, "This sale will serve to strengthen Capitol's core capital ratios and support our objectives to redeploy capital to those affiliates currently facing challenges." The transaction is expected to be completed in mid-2010, subject to shareholder and regulatory approval. About Capitol Bancorp Limited Capitol Bancorp Limited (NYSE: CBC) is a $5.2 billion national community banking company with a network of separately chartered banks in 17 states. Founded in 1988, Capitol Bancorp Limited has executive offices in Lansing, Michigan, and Phoenix, Arizona. About Napa Community Bank Napa Community Bank, founded in 2002, is a $163 million, full-service community bank located in the city of Napa, in the heart of Napa County. The bank offers a full range of financial services and their board of directors is composed of local community and civic leaders from the Nape Valley. Napa Community Bank has been profitable for 7 consecutive years. This success is due to the commitment of their employees and directors to serve their clients and their community. Nape Community Bank is not "just a bank" to their clients, they are part of their community. In both 2008 and 2009, the bank was named the best bank (Best of Napa and Sonoma Valleys) and the Best Place to do Business in Napa County 2009. Rabobank: Community Banking From a Leader in Safety and Soundness A century-old cooperative bank with a strong commitment to community banking and long heritage in agricultural f na ce Rabobank Group brings tremendous resources, competitive pricing and financial expertise to its client relationships, backed by over $850 billion in assets. The bank's international businesses are locally managed, so that customers enjoy the advantages of Rabobank Group's financial strength and safety, as well as the responsiveness of a local community bank and personal access to trusted, experienced bankers who are knowledgeable about the home market. Rabobank, N.A. follows this localized strategy in California, approaching the state as several individual regions based on geography and market characteristics rather than as a single homogenous market. With this regional strategy, Rabobank, N.A. is able to fulfill its mission of being a true community bank in each of its different markets: highly responsive to the needs of local customers, tailored in its community outreach, and agile with regard to local business and marketing initiatives. Rabobank, N.A. is part of the Rabobank Group, is a community- oriented bank offering full retail and commercial banking services to local businesses, individuals, organizations, agricultural customers and communities. The bank has92 locations extending 700 miles from the California border with Mexico up through the Central Valley to Sacramento and throughout the Central Coast. Rabobank, N.A. is FDIC-insured. Visit www. Rabobank Group is a 111-year old financial services leader providing retail and institutional banking and agricultural finance solutions in key markets around the world. From its century-old roots as a finance cooperative founded by Dutch farmers, Rabobank has grown into one of the largest banks in the world with more than U.S. $850 billion in assets and operations in over 35 countries. Rabobank is AAA rated and ranks among the world's safest banks by Global Finance magazine.