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The CARES Act was recently amended to include $3.5 billion of extended debt relief payments for SBA borrowers. The program will initially provide for 3 payments of principal and interest to a maximum of $9,000 per month under various criteria and then an additional 5 payments for borrowers considered “underserved” as defined in the amended legislation.
Credit Quality and Performance
At December 31, 2020, NPAs declined by $1.9 million, or (20%), to $7.9 million, compared to $9.8 million at December 31, 2019, and decreased by $2.4 million, or (23%) from $10.3 million at September 30, 2020. Classified assets increased to $34.0 million, or 0.73% of total assets, at December 31, 2020, compared to $32.6 million, or 0.79% of total assets, at December 31, 2019, and $33.0 million, or 0.72% of total assets, at September 30, 2020.
Solano judge sentences Fairfield sexual predator to 300-plus years in prison
Richard McCormick
FAIRFIELD A Fairfield man convicted of 10 counts of sexual assault on children over the course of decades will likely spend the rest of his life in prison after a judge imposed a sentence Friday of more than 300 years.
Solano County Superior Court Judge William J. Pendergast III sentenced Richard McCormick, 62, to life in state prison, the Solano County District Attorney’s Office said in a statement.
McCormick has a prior residential burglary conviction that played into the sentencing.
“Over the course of three decades, the defendant repeatedly sexually assaulted members of his own family, betraying the trust and love of two generations of the most vulnerable victims,” the District Attorney’s Office statement said. The victims “continued to live in fear for years” until they came forward in July 2018.
Just as the 2020 holiday season was beginning in earnest, Solano Superior Court Judge Bradley Nelson upheld the gift of surveillance accountability that the California State legislature had provided state residents when they passed 2015 s Senate Bill 741 (Cal. Govt. Code § 53166). Judge Bradley s order brought positive closure to a battle that began last March when Electronic Frontier Alliance member Oakland Privacy notified the Vallejo City Council, and Mayor, that their police department’s proposal to acquire a Cell Site Simulator (CSS) violated California state law.
Introduced by then state-senator Jerry Hill, SB 741 requires an open and transparent process before a local government agency in California may acquire CSS technology. EFF explained this in our own letter to the Vallejo Mayor and City Council days after the illegal purchase had been approved. Specifically, the law requires an agency to write, and publish online for public review, a policy that ensures the collect
Man held to answer for 2017 firebombing case in Fairfield
Matthew Scott Jones
FAIRFIELD A Fairfield man has been held over for trial for a second time, facing charges that include attempted first-degree murder.
Matthew Scott Jones, 43, also faces charges of creating an explosion with intent to murder, arson of an inhabited structure, three counts of use of an explosive device to destroy property, and possession of a destructive device in a public place.
Solano County Superior Court Judge Carlos Gutierrez found the evidence sufficient enough Monday for Jones to be held for trial.
Jones has not been convicted of any crime.
FAIRFIELD-SUISUN, CALIFORNIA
Veterans, current service members and families walk through the Mare Island Naval Cemetery after the rededication ceremony on Veterans Day, Wednesday, Nov. 11, 2020. (Robinson Kuntz/Daily Republic)
Future of Solano regional park less clear to start 2021
FAIRFIELD Solano County was, at the very least, moving forward on the concept of a regional park when the curtain rose on 2020.
Just two months earlier the Board of Supervisors had accepted the Initial Administrative and Financing Plan for the proposed Solano County Park and Open Space District, and a line of supporters was forming.
There were still a lot of questions, and some who believed it was not as high of a priority, but there was progress.