HB Moves Forward on CCA Study

By Dan Jamieson Huntington Beach will move forward with a study on purchasing electric power for itself and residents through a cooperative. The City Council on February 3, 2020, voted 5-to-2 to retain Oakland-based MRW & Associates to study the feasibility of forming or joining a community choice aggregator (CCA), including a joint operation with …

CalPERS Policies Lost City $22 Million, HB Claims

By Dan Jamieson Policies that excluded investments in tobacco companies, South Africa and other investments have cost Huntington Beach pension plans managed by CalPERS about $22 million in lost profits, according to a draft report from the City's Finance Commission and City staff. A subcommittee of the Finance Commission, working with City staff, used a …

HB Residents Protest Poseidon Desal Project

HB residents came out in force on Dec. 6, 2019, to urge the Santa Ana Regional Water Quality Control Board to deny water discharge permits to the proposed Poseidon desalination project. The OC Register's Martin Wisckol has a good report and background on the project.    

HB to Consider $436 Million Bond Sale to Cut Pension Costs

  By Dan Jamieson Huntington Beach will consider borrowing $436 million to reduce its employee pension costs. City manager Oliver Chi gave an outline of the plan to the city's Finance Commission on October 30, 2019 (audio available here.) It would involve selling $436 million in pension-obligation bonds (POBs) at an estimated interest cost of …

Westminster Mall Plan Envisions Multi-Story Residential, Office

By Dan Jamieson On Monday, August 19, 2019, the city of Westminster gave an update to its evolving plan to redevelop the Westminster mall. The slide show is here. The initial development outline envisions extensive multi-story residential and office properties. The proposal has 3- to 4-story residential and office buildings along Edwards Street and Bolsa …