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The Pathway to Job Growth and Prosperity in the Greater Modesto Area.

In many ways, Modesto has lived up to its name, favoring modest ideas and modest projects, being satisfied with the reputation of being on the way to everywhere but not the kind of place to which people and businesses are eager to move.

 The Modesto Chamber of Commerce has put forward some bold ideas about land use and transportation, under the grand but appealing label of “The Pathway to Job Growth and Prosperity in the Greater Modesto Area.”

Like most big ideas, this one is being met with a mix of enthusiasm and sarcasm.

Modesto has some pluses when it comes to economic development. The city has a reliable water supply, coming from both wells and from the Tuolumne River. Many valley cities still depend solely on groundwater. And the city is expanding its waste-water treatment facilities so it will not have to turn away businesses because it lacks sewer capacity.

The chamber is saying — and we agree — that Modesto needs have a conversation and then establish some priorities that make our community healthier financially and in quality of life.

We look back with appreciation on the people who created the irrigation districts and built Don Pedro. Wouldn’t it be great if the Modestans of 2050 looked back with similar thanks on the people who, starting in 2013, were willing to talk about big ideas and make them materialize?

Read more here: http://www.modbee.com/2013/06/01/2742731/kicking-off-our-future.html#storylink=cpy
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Are rising mortgage rates a good sign for Modesto?

The days of ultra-cheap U.S. mortgages may be ending, but economists say that’s unlikely to slow the housing market — and indeed reflects growing confidence that the recovery is real. Last week, the national average rate for a 30-year fixed mortgage jumped to 3.81 percent, mortgage giant Freddie Mac said in a news release. That’s the highest it has been in a year, and almost half a percentage point higher than the average of 3.35 percent at the beginning of May. The uptick needs to be kept in perspective, Freddie Mac cautioned. Loan rates still are historically low, making homes more affordable and boosting sales and construction.

“There are buyers lined up to buy houses,” agreed Nelson, who has been in the mortgage business 17 years. “We focus on new loans, and the last two months have been our best in years.”

Nelson said loan demand has been so strong that “we’re looking to open another office in Modesto by the end of the year.”

Read more here: http://www.modbee.com/2013/06/03/2745764/rising-mortgage-rates-a-good-sign.html#storylink=cpy

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Modesto police critically wound knife-wielding man

Authorities say a Modesto police officer shot and critically wounded a 68-year-old man who was armed with a knife.

Lt. Rick Armendariz says the man was shot by one of two officers who went to his central Modesto house at 2:30 p.m. Thursday to follow up on a felony investigation.

The Modesto Bee  says the man shot was reportedly in critical condition after undergoing surgery at a local hospital. His name has not been released.

Officials say the officers have been placed on paid administrative leave while the shooting is investigated by the police department and Stanislaus County District Attorney’s Office.

Neither of the officers was injured, and no one else was in the house at the time of the shooting.

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True Cost to Own: Reveal the Hidden Costs of Car Ownership

You’ve narrowed your choices to two new cars, but you can’t seem to decide which one is really the better deal.

The purchase price of each car is nearly the same. The features are similar, and you like the way they both look. Still, a nagging feeling tells you that there must be a meaningful difference between them, even if it’s not readily apparent during the purchase process.

http://www.edmunds.com/tco.html

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The confessions of a Parking Valet. Who is parking your car?

When we decided to delve into the secret life of valet parking attendants, we expected some stories about concealed door dings, petty theft or occasional hijinks behind the wheel. But we had no idea the extent to which some valets routinely take liberties with their customers’ property.

http://www.edmunds.com/driving-tips/confessions-of-a-parking-valet.html

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Stay One Step Ahead of the Repo Man!

In this tough economy, the specter of the repo man hangs before many Americans like the Grim Reaper. People are even sleeping in their cars to make sure they don’t get towed in the middle of the night. But knowing how and when the hook will come can help payment-challenged consumers deal with hard times.

http://www.edmunds.com/car-loan/stay-one-step-ahead-of-the-repo-man.html

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Check out the Chevy Malibu in our video from us at Capital Auctions!

http://CapitalAuctions.com (209) 545-7000 One of the strong points of GM’s newest sedan is a compelling interior, complete with a blend of metallic, chrome and wood surfaces throughout the cabin. The stylization accents range from bits on the shifter, center stack, instrument cluster, steering wheel and the doors. The car’s party piece arrives in the form of a trick fold-out screen, a first of this type in a GM product, and first in any U.S. midsize car.

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Check out this Ford Mustang from us at Capital Auctions!

http://CapitalAuctions.com (209) 545-7000 The center stack controls are essentially Ford parts-bin pieces, though they’re from the automaker’s freshest products, meaning you may or may not recognize them. The latest version of Ford’s Sync connection system, which now features 911 Assist and a vehicle health report program, is available. Dual front and seat-mounted side airbags are standard, though side curtains don’t make an appearance here, signaling the age of this platform.

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Chrysler made the Top Popular Brand award for Vehicle Satisfaction!

Chrysler was named the Top Popular Brand in AutoPacific’s 15th annual Vehicle Satisfaction Awards; the 2011 Chrysler Town & Country and 2011 Jeep® Grand Cherokee won the minivan and premium mid-sized SUV categories. This study tapped over 68,000 new vehicle owners. “Vehicles that score highest in the Vehicle Satisfaction Awards are delivering value and satisfaction across a wide range of attributes, performing well in 48 separate categories that objectively measure the ownership experience.

http://www.allpar.com/news/index.php/2011/05/chrysler-top-popular-brand-in-awards

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Toyota Tundra Gets Top Marks in Rollover Protection from Insurance Institute for Highway Safety!

The Insurance Institute for Highway Safety (IIHS) has released its first ratings for large pickups in its rollover-related roof-strength test, and both the 2011 Ford F-150 and 2011 Toyota Tundra have earned top ‘good’ ratings. The roof-strength test measures the force that can be sustained by the roof—over a specific area of the roof around

http://www.thecarconnection.com/news/1059911_ford-f-150-toyota-tundra-get-top-marks-in-rollover-protection

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