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Latest News

Horizon Credit Union buys mortgage business

Cherry Creek Mortgage to operate as subsidiary, move into larger offices
February 26, 1997
Addy Hatch
Horizon Credit Union has acquired Cherry Creek Mortgage Co. and will operate the mortgage business as a subsidiary. Terms of the transaction involving the two Spokane Valley-based organizations were not disclosed. Cherry Creek Mortgage will
Read More

Housing-unit permits jump ahead 32 percent

Through first 33 weeks, Spokane-Kootenai area residential markets sizzle
February 26, 1997
Richard Ripley
How hot is the Spokane-Kootenai county housing market? Smokin.Through the first 33 weeks of this year, building departments in the Spokane and Coeur dAlene areas issued permits for 32 percent more homes than in the year-earlier period, when
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Starbucks eyed near downtown

Plans submitted to city say coffee shop would take half of space in structure
February 26, 1997
Linn Parish
A development company here has proposed constructing a small retail building at the busy Division Street-Second Avenue intersection that would include a Starbucks Corp. coffee shop.The company, Keeper LLC, has requested from the city of Spokane
Read More

Coldwater plans to issue more stock this month

Second 3-for-2 split this year is designed to attract big investors
February 26, 1997
Addy Hatch
In an unusually lucrative payoff, Coldwater Creek Inc. shareholders next week will receive a 50 percent stock dividendtheir second in eight monthsfrom the Sandpoint-based retailer. Coldwaters board recently approved a 3-for-2 stock split
Read More

Met affiliate is on track for record lending year

Old Standard Life reports $338.3 million in loans through mid-year 2003
February 26, 1997
Kim Crompton
Old Standard Life Insurance Co., an affiliate of Spokane-based Metropolitan Mortgage & Securities Co., says its commercial lending division is on track for a record year, based on mid-year results.The division posted $338.3 million in closed of
Read More

Wrapped around a new venture

Blongo Family Fun
February 26, 1997
Linn Parish
This game called Blongoball, it doesnt look like much.The ball is a short nylon rope with golf balls attached to each end. The target, called a blongoal, is a three-foot-high structure made of PVC pipe. The object of the game is to so
Read More

WorkersÂ’ comp to jump again

L&I seeks 19.4 percent rate hike next year, after 29 percent in Â’03
February 26, 1997
Addy Hatch
The Washington state Department of Labor and Industries proposal to raise workers compensation premiums by 19.4 percent next yearfollowing a 29 percent hike this yearis likely to be met with vehement opposition.The department was to the
Read More

Fixed-rail streetcars mulled

Feasibility study to explore funding sources, including local, state, federal coffers
February 26, 1997
Megan Cooley
Three groups have teamed up to study the feasibility of bringing fixed-rail streetcars back to downtown Spokane. The studys supportersthe Downtown Spokane Partnership, the Spokane Regional Transportation Council, and the Spokane Transit the
Read More

Chemo wash can buy time

Oncologist here finds relatively new cancer treatment effective in some instances
February 26, 1997
Megan Cooley
When a patient of Dr. Ryan Holbrook, a surgical oncologist with Cancer Care Northwest, of Spokane, came to him two months ago, her condition was grim.The 74-year-old woman had kicked colon cancer years earlier, but the disease was back. This it
Read More

Gonzaga Prep seeks $10 million in bonds

Private high school hopes to remodel part of building
February 26, 1997
Linn Parish
Gonzaga Preparatory School is seeking to have the Washington state Housing Finance Commission issue $10 million in bonds to remodel part of the private Spokane high school and to refinance debt from past improvements.The commission plans to on
Read More
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