"Born and raised in Santa Monica. The only local cab company."
PROMOTE YOUR BUSINESS HERE! Yes, in this very spot! Call for details (310)
310-444-4444 Hybrid • Vans SantaMonicaTaxi.com
458-7737
SMto LAX
30
$
Not valid from hotels or with other offers • SM residents only • Expires 12/31/13
THURSDAY, FEBRUARY 7, 2013
Volume 12 Issue 76
Santa Monica Daily Press
ST. MONICA, SAMOHI WIN SEE PAGE 3
We have you covered
THE SPORTING ISSUE
SMC facing reality of health care costs BY ASHLEY ARCHIBALD Daily Press Staff Writer
PICO BLVD Santa Monica College officials will need to take action to control health care costs currently projected to hit $87 mil-
lion over the next 30 years, according to a study on health care liabilities. The report, presented to the Board of Trustees at their meeting Tuesday, estimated that to pre-fund health care plans promised to employees as of June 2011, the college
would have to set aside $8.1 million, $5.3 million more than it currently spends in a year. Those plans include lifetime health care benefits. Currently, the college operates on a pay-
as-you-go model, covering the expenses of retiree health benefits in the year they are paid without budgeting for the future. That cost was $2.8 million this year, but is SEE SMC PAGE 8
PEN TO PAPER
Daniel Archuleta daniela@smdp.com
LEFT: Santa Monica High School wide receiver Sebastian LaRue signs his National Letter of Intent on Wednesday to play football at Texas A&M University. RIGHT: Samohi soccer player Ella Warshauer signs her National Letter of Intent Wednesday to play for Brown University. National Signing Day is an annual tradition for the nation’s student athletes.
Macerich 4Q results beat analysts’ expectations New position means more help for abused seniors ASSOCIATED PRESS SANTA MONICA Macerich said Wednesday that a key measure of profitability improved in its fourth quarter on better revenue from
rent and increased occupancy at its malls. The real estate investment trust reported that its funds from operations rose to $132.6 SEE RESULTS PAGE 8
$12
.95
SERVED FROM 4 PM
BY ASHLEY ARCHIBALD Daily Press Staff Writer
FOURTH STREET A local nonprofit that pro-
efforts to help victims of elder abuse through partnerships with the police and counseling services. SEE SENIORS PAGE 10
vides services to seniors is increasing its
WE KNOW PROPERTY MANAGEMENT
SIZZLING DINNER
CALL FORMER RENT CONTROL COMMISSIONER KRONOVET
SPECIALS… COOL PRICES! SOUP OR SALAD, CHOICE OF ENTRÉE & BEVERAGE
310-829-9303
1433 Wilshire Boulevard,
15th Street 310-394-1131 OPEN 24 HOURS at
Robert Kronovet is a California Association of Realtors Director.
DRE # 01128992
Rent@Kronovet.com