Man Shot and Killed in Anderson

Shasta County authorities are investigating a weekend shooting that left one man dead in Anderson. The Sheriff’s Office says Jerry Kirk reported shooting a man who was allegedly taking his property early Sunday morning. The shooting happened in the front yard of the Tranquil Lane home. 33 year old Curtis Ingalls died from his injuries. At last report, no one had been arrested in the case.

Treasury Secretary to Criticize Derivatives Before Congress

WASHINGTON (AP) – Treasury Secretary Timothy Geithner is blaming the derivatives market for helping send the economy into a spiral. In testimony today before two House committees, Geithner is expected to say that the ease with which derivatives were bought and sold during a time of easy credit encouraged financial institutions and investors to take on too much risk. At the same time, Geithner says government regulators didn’t have the proper tools to moderate those risks. In his prepared testimony, Geithner is expected to say that the federal regulatory system “failed in its most basic responsibility” to produce a stable and resilient credit system for consumers and investors. President Barack Obama’s plan for overhauling the financial system is running into resistance. The financial industry says it would raise costs and squash innovation.

Economic Downturn Hasn’t Halted Construction Interest in Chico

Commercial and residential construction may have slowed, but it hasn’t come to a standstill in Chico, despite the economic downturn. Chico Planning Director Steve Peterson says the city has seen continued interest in multi-family residential housing.

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Peterson adds some of the commercial development underway is connected to the medical industry.

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More than 20 commercial developments have submitted plans to city staff, have been approved, or are under construction.

Police: Beale Airman Killed Himself During Shootout

MARYSVILLE, Calif. (AP) – Santa Clara police say a Beale Air Force Base airman killed himself as police opened fire last weekend. They originally said police bullets killed 21-year-old Ian York during a shootout. Police say he murdered his fiancee in Marysville before fleeing to Santa Clara. The murder and police shootout came after York was disciplined by the Air Force for inhaling chemical vapors from aerosol cans to get high.

More CA Furloughs Start Today

SACRAMENTO, Calif. (AP) – Most California state government offices will be closed today, the first of three monthly furlough days intended to save the state money. The shutdowns are part of Gov. Arnold Schwarzenegger’s order to give state employees three days off a month without pay, effectively reducing their income about 14 percent. In February, the governor ordered workers to take two days off a month without pay. He recently expanded the furlough after lawmakers failed to cut employees’ pay by an additional 5 percent. California needs to conserve cash because its budget is $26.3 billion out of balance. The two-day-a-month closures were expected to save the state $1.3 billion between February and July 2010. The third furlough day will save another $425 million in the current fiscal year.

Fire Damages Two Buildings in Chico

A fire that apparently began in a Chico home spread to a former restaurant on Dayton Road Thursday. Flames were reported just after 4:30 PM. Chico Fire Inspector Marie Fickert…

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Fickert says the home suffered “substantial structure damage.” The fire is under investigation. Fickert says anyone who may have seen activity in the area before the blaze is asked to contact the fire department.

Man Arrested on Pot Charges in Concow

An indoor marijuana garden lands a Concow man in jail. 32 year old Robert Mason was arrested after Butte County drug agents found an indoor garden along with packaged pot and more than 31 hundred dollars at a residence on Miller Peak Road. A news release says agents served a search warrant and found almost 600 plants ranging from 4 to 6 feet tall.

Concow Continues to Rebuild Following Fire Last Year

Concow residents continue rebuilding one year after the Camp Fire tore through the area.  Residents were awakened in the late night and early morning hours by emergency officials telling them to evacuate. More than 200 homes burned. Cal-Fire’s Scott McLean tells KPAY the thing that sticks out the most in battling the fire was the erratic behavior of the flames. He says the one year anniversary serves as a reminder.

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The fire ended up burning more than 10-thousand acres.

CSU System to Defer Fee Payments for Low-Income Students

LONG BEACH, Calif. (AP) – California State University says it will defer fee payments for students who have not received financial aid because of the state’s budget crisis. The state controller’s office began issuing IOUs this month because the state faces a $26 billion budget deficit and is in danger of running out of cash. One of the institutions receiving the IOUs is the California Student Aid Commission, which distributes awards known as Cal Grants to more than 60,000 low-income CSU students. CSU said Wednesday it will defer university fee payments for the summer and fall 2009 terms for students who experience delays receiving Cal Grants. Those students will not have to pay those fees until the aid commission begins disbursing Cal Grant funds to campuses.

CPOA President Asks Chico Council to Appoint, not Recruit Police Chief

Chico leaders are asked to appoint Captain Mike Maloney as permanent police chief.  The city is currently going through the recruitment process, but the President of the Chico Police Officers Association says it’s not needed.

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Terry Moore says the appointment process worked for Enloe Hospital and it can work for Chico Police. Moore has sent a letter objecting to the recruitment process to City Council members. The final decision is up to the City Council.