Up to this point, the work has been funded by a federal loan of about
$2.2 million, but the extra money allocated will come out of the city
budget, the memo states.
The council unanimously approved the added expense at its March 20
Gables residents get tiny reprieve
Huntington Harbour residents facing a 389% raise in their land lease
won't have to pay the new amount for a little while at least, a
homeowners association official said.
The 80 condominium owners at The Gables gated community just off Edinger
Avenue and Bolsa Chica Street reached an agreement with the lease company
to accept the old rate for the time being, said Mike Wolfe, the
homeowners association vice president. Residents were supposed to begin
paying the higher amount Monday.
It is not clear how long the respite will last, he said.
Representatives of the lease company, Irvine-based BS Investors, were not
available for comment.
Unlike typical condominium owners, those at The Gables must cover the
cost of the ground lease in addition to mortgage payments and homeowners
association dues. A letter sent last month by the lease company informed
the homeowners that the time had come for a rate hike based on a new land
Residents hired attorneys to challenge the proposed increase.
Negotiations with the company continue, Wolfe said.
City working on infrastructure projects
Huntington Beach is spending more than $10 million on projects throughout
the community that are aimed at improving public services.
By next month, work crews are scheduled to complete the new $200,000
Tower Zero at the pier. Nearby public restrooms costing $228,000 are
expected to be finished at about the same time, in addition to $558,000
in street repairs along Warner and Adams avenues; Newland, Magnolia and
Brookhurst streets; and Meredith Drive.
Repairs of sewers in the area bounded by Goldenwest Street, Palm Avenue,
Lake Street and Pacific Coast Highway should be finished by May at a cost
of $1.8 million.