In Your Town for July 31, 2024
FAIRFAX
Nominees sought
for award by town
The nomination period opened Monday for the town’s “citizen of the year” award.
The award is for people who have made “significant contributions to our community,” the town said in its announcement. The Parks and Recreation Commission will accept nominations through Aug. 30.
The commission will review the nominations at its meeting on Sept. 9 and recommend three prospects to a Town Council subcommittee. The subcommittee will choose two honorees to receive awards at the council meeting on Oct. 16.
Nomination forms and other details are online at shorturl.at/abPFa. Town officials, employees and contractors are ineligible for nomination.
BUSINESS
Bank of Marin cuts
5% of its positions
Bank of Marin Bancorp, the parent company of Bank of Marin, eliminated 16 positions in its second fiscal quarter, or about 5% of its workforce.
A statement from the bank attributed the decision to “ongoing pressures caused by the interest rate environment.”
“This staffing adjustment is part of our strategy to support future growth and profitability, benefiting all stakeholders,” the statement said. “The eliminated positions were across the company and across our geographic footprint.”
The move leaves the company with 307 employees, according to a spokesperson. The company is based in Novato and operates nine branches in Marin County. It also has branches in Alameda, Amador, Napa, Placer, Sacramento and Sonoma counties.
The company included the news about its job cuts in the second-quarter earnings report it released Monday. The bank reported a net loss of $21.9 million for the quarter compared to net income of $2.9 million in the first quarter.
The company said it had a $19 million net loss for the first six months of the year, compared to net income of $14 million in the first half of 2023.
GREENBRAE
Home addition plan
gets county approval
The Marin County Community Development Agency has approved a proposal for a 477-square-foot second-story addition at 427 Los Cerros Drive.
The project also involves a carport below the addition and a 95-square-foot deck.
The agency’s planning office approved the project on July 25. The deadline for appeals to the Marin County Planning Commission is Aug. 6.