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  More affordable housing set to open in Truckee

A new batch of affordable housing in Truckee will be move-in ready by the end of November.

Fourteen factory-built modular homes were set in place recently at Spring Creek located behind Alder Creek Middle School near the Pioneer Commerce Center.

Now construction crews are working on the final touches in preparation for an open house in a couple of weeks, said Karl Saimre of Truckee River Associates.

This summer more than 140 people expressed interest in the three-bedroom, two-and-a-half-bath duplex units.

Upon completion, Spring Creek will include a total of 30 affordable housing units and 36 market-rate housing units. Saimre said 11 of the 14 affordable units currently in place are reserved, and three of them are for sale. The selling price for the 1,300-square-foot duplex units is $305,000, he said.

First graduates of Gunn share campus memories

They missed out on a homecoming dance 40 years ago, but the Gunn High School class of '66 -- and their schoolmates from '67 and '68 -- are making up for it this weekend at a Palo Alto reunion of the school's first three graduating classes.

``We didn't have a senior or junior prom, because no one wanted to go -- which was great for me because none of us knew how to dance,'' said class of '66 member Zoe Lofgren, now a congresswoman from San Jose. ``I didn't have a date anyhow, so it was a great relief not to have that challenge,'' she confided to IA.

Friday, some alumni wandered around what was once considered an innovative campus of modular classrooms, and a few of them spoke on a panel about how Gunn had influenced them (a lot, Lofgren said -- she was the first in her family to go to college).

Network Installation Corp. Changes Name to Siena Technologies, Inc ...

"As a result of winding down several subsidiaries and focusing on integrating Kelley Technologies with its revenue streams and lines of business, we believe the name Network Installation Corp. is no longer indicative of our business," says Hultman. "This combined with our management's aggressive turnaround plan, we believe the time was right to introduce Siena Technologies to reinforce our commitment to this long-term strategy."

Earlier this year, the company approved the restructuring of $9.1 million of convertible debentures and the retirement of the attached 5.7 million warrants to purchase the company's common stock. This action allowed Siena to recognize a gain on the restructuring in the amount of more than $900,000 for its second quarter ending June 30, 2006.

Recently, the company debuted its proprietary next generation Race & Sports Book Technology as part of an $8 million contract at Station Casino's Red Rock Casino, Resort and Spa, and also completed a $1.5 million installation at Boyd Gaming Corporation's Borgata Hotel, Casino & Spa in Atlantic City.

 
 

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