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Tiburon board OKs mellower CVS sign
By DEIRDRE McCROHAN
dmccrohan@thearknewspaper.com
The Tiburon Design Review Board rejected CVS/pharmacy's argument that it should be allowed to keep the proposed red-letter marquee sign for its downtown Tiburon store Jan. 19 and instead voted 4-0 to approve an all-wood sign with white letters on a gray background.
CVS will be allowed to use gooseneck lamps to light the letters at night, but it will have to turn off the lights when the store closes.
CVS spokesman Bill McDermott of Armstrong Development Properties told the board that CVS wanted to preserve its corporate colors. But on questioning by board members, Tiburon Planning Manager Dan Watrous said the
board did have the authority to change the color, materials and lighting of the sign.
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Belvedere businessman could face prison term in fraud plea
By TERI RONEY
troney@thearknewspaper.com
Belvedere investment adviser Kurt S. Hovan pleaded guilty Jan. 17 to mail fraud and obstructing a federal investigation in a $178,000 "soft dollars" scheme to pay his brother's salary and take kickbacks for his business.
In a plea deal, the former president of Hovan Capital Management admitted to participating in a fraud scheme that violated the Securities Exchange Act of 1934 and to providing false and misleading information during a Securities and Exchange Commission investigation into allegations of his crime
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