http://www.losgatosobserver.com/eric-johnson Los Gatos News: Local news and information for Los Gatos, CA and Monte Sereno, CA constantly updated. en eric@boulevards.com Copyright 2010 2010-07-09T18:24:36+00:00 /2010/07/09/07_09_2010_los_gatos_walnut_grove_to_be_developed /2010/07/09/07_09_2010_los_gatos_walnut_grove_to_be_developed British developers Grosvenor Americas have purchased a 32-acre walnut grove on Los Gatos Boulevard from the Yuki family, and are now negotiating with local authorities for the rights to develop the property for residential units and office space. The acquisition has been described as “a very rare opportunity to find this big a piece of property in the heart of Silicon Valley. “Though no announcement has been made about the cost of the deal, if the land sold for $50 per square foot, it would be worth about $70 million. News 2010-07-09T18:24:36+00:00 /2009/07/13/netflix_to_be_acquired_by_amazon /2009/07/13/netflix_to_be_acquired_by_amazon TechCrunch is reporting that Netflix stock is surging today because the Los Gatos-based company is about to be aquired by Amazon. MG Siegler,  a reporter for the online tech-news blog,  calls the story a “hot little rumor.” Business 2009-07-13T19:31:57+00:00 /2009/06/11/vintners_fest_brings_santa_cruz_mountain_wines_to_town /2009/06/11/vintners_fest_brings_santa_cruz_mountain_wines_to_town Saturday and Sunday, one of the biggest wine events of the season comes to town as weekend two of the annual Vintners Fest, sponsored by the Santa Cruz Mountain Winegrowers’ Association, focuses on the east slope of the range. This year, 34 wineries are participating at 20 locations from Gilroy to La Honda. Much of the fun will take place in Los Gatos. Community 2009-06-12T00:01:58+00:00 /2009/04/27/great_race_great_fun /2009/04/27/great_race_great_fun I keep asking myself “What were you thinking?” My wife casually asked me if I wanted to run the Great Race with her. What the heck, I thought. How hard could it possibly be to run four miles? What I had forgotten was that I hadn’t run a race in nearly 15 years. Community 2009-04-27T22:14:35+00:00 /2009/04/24/sunday_the_great_race_is_on_again /2009/04/24/sunday_the_great_race_is_on_again Once upon a time, the Great Race was all about competition between the towns of Los Gatos and Saratoga. In order to participate, runners had to prove that they lived or worked in one of the two bergs (or neighboring Monte Sereno). This Sunday is the 32nd annual Great Race from Saratoga to Los Gatos, which is now a legendary free-for-all. Community 2009-04-24T17:35:06+00:00 /2009/04/22/los_gatos_man_charged_with_arsonfinally /2009/04/22/los_gatos_man_charged_with_arsonfinally The arrest yesterday of Los Gatos contractor Channing Parker Verden came almost a year after the Summit Fire, which charred 4,270 acres and destroyed more than 130 buildings last May. But documents show that Cal Fire officials have believed all along that they know who started the fire. News 2009-04-22T21:27:54+00:00 /2009/04/21/netflix_booms_in_bad_times /2009/04/21/netflix_booms_in_bad_times Netflix, the Los Gatos-based movie-rental company, is expected to deliver good news on Wall Street today. Forbes is reporting that the DVD-by-mail pioneer, which is scheduled to report its first-quarter earnings this afternoon, will show good numbers. Business 2009-04-21T20:31:33+00:00 /2009/04/15/our_new_look /2009/04/15/our_new_look Regular visitors will notice that the Los Gatos Observer has a new look. We believe this redesign will make it easier for you to find articles, to respond to what you read, and to keep in touch with what’s happening in Los Gatos. News 2009-04-15T15:07:26+00:00 /2009/03/16/los_gatos_town_council_agenda /2009/03/16/los_gatos_town_council_agenda Three important measures come up for a vote in Council Chambers Monday night. None are likely to cause much debate. • Environmental review for the new library. After five years of planning and public meetings, the Council tonight is asked to approve a contract for just over $100,000 for an environmental consultant. The Town has set up a good FAQ on the library plan. Politics 2009-03-16T20:37:39+00:00