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 …