Events company has Kingman hopes; home sales prices slip slightly
KINGMAN - Mark Hamson has returned to Kingman and started up Shuriken Promotions with plans to hold a concert featuring Kevin Jaxon and Midnight Sun band from Lake Havasu City.
No venue or concert date has been determined, but the Mohave County Fairgrounds might be a possibility, Hamson said.
Hamson, a martial arts expert, held the "Tough Man" contest at the fairgrounds in the 1990s before moving to Flagstaff and working in the vending machine business and promotions.
"I'm kind of returning home," he said. "We're trying to promote anything related to music, martial arts, hypnotists and comedians. We're being pretty choosey."
Hamson said he wants to promote entertainment that will be enjoyed by Kingman residents and their friends and family.
Shuriken Promotions also worked on a commercial for Boyd's Outlaw Sleep Center that's being produced by Desert Warrior Entertainment in Kingman. Hamson wrote the commercial and plays the part of a Western gunslinger headed for a showdown.
State Bank Corp., holding company for Mohave State Bank, agreed to a $29.6 million merger between Mohave State Bank and Country Bank.
The transaction combines two of Arizona's leading community bank franchises with $530 million in combined assets.
The board of directors for both companies unanimously approved the transaction, which is subject to approvals of bank regulatory agencies and the shareholders of State Bank and Country Bank.
Upon completion of the transaction, two board members from Country Bank will join the board of State Bank and Mohave State Bank.
Brian Riley will continue to serve as president and chief executive officer of State Bank and Mohave State Bank.
Kingman and Golden Valley home sales increased to 82 in January, compared with 76 in the same month a year ago, but the average price fell 10.6 percent to $109,588, according to the Kingman Golden Valley Association of Realtors.
Total sales volume for the month was just under $9 million, down from $9.3 million a year ago.
Realtors added 138 new listings to the market in January, and 144 listings are pending, or under contract awaiting close of escrow.
The association also reported 14 vacant land sales for $282,064, or $20,147 a parcel on average.
The Mohave County Board of Supervisors approved a proposed subdivision for Cerbat Vistas that includes about 12 acres subdivided into 60 single-family residential lots.
The property is about a mile north of Kingman, accessed by Jagerson Avenue and Bank Street.
The request was made by Doug Angle of Angle Homes. The project engineer is Jaimini Upadhyaya of Mohave Engineering Services.
Intrex Corp. has been issued a demolition permit for Pacos Tacos shop at 3152 Stockton Hill Road. The land around the taco shop is for sale. The owner of the property is Santa Fe House Co.
Mohave County ranks No. 5 among Arizona counties for obtaining a home mortgage, according to a study from New York-based SmartAsset financial technology company.
The company reported a 60 percent loan funding rate with annual mortgage payments of $14,322, five-year borrowing costs of $75,148, and property tax of $9,536.
Mohave County fell from last year's No. 1 ranking. Maricopa is now at the top, followed by Yuma, Yavapai and Coconino counties.