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THE HALF BILLION DOLLAR GAMBLE

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Back in 2017, Beach Cities Health District said that in the next 3-5 years they will experience a financial shortfall. So what did they do about it?

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Did they go for tax-free bonds and a vote of the residents?

Did they review their programs and finances and tighten their belts as many cities and other public agencies have done?

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Instead, BCHD leaders expanded their management team. They proposed a half-billion dollar "do everything" mega-development project focused on a MASSIVE privately-owned assisted living structure. Their own feasibility studies show it would serve mostly people from outside our three tax-paying cities.

 

They continued their march, even after lessons of the pandemic  changed the old paradigm of mass senior assisted living. And they started to spend the $16M in public funds for pre-development alone.

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YOUR TAX DOLLARS AT WORK?

Half your property taxes to the Beach Cities Health District goes to their top executives.

 

BCHD receives ~$4 million per year in taxpayer funds. ~$2M goes to their top 10 executives' compensation. 

(See link to the latest executive compensation available on Transparent California here.)​

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BCHD has budgeted $16 million (more than 4 years of annual taxpayer revenue) for "Pre-development" planning of their so-called "Healthy Living Campus".​

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• BCHD has spent almost half on consultants and lawyers to produce and self-approve their own Environmental Impact Report

• BCHD has hired on incentivize-based contracts worth:

  • Cain Bros. financial advisors to find a private company to Develop, Own, and operate a nearly 800,000 sq. ft. RCFE.

  • Blue Mountain Development, a company owned by a "community member" on their own Properties Committee, and the Chair of the Redondo Beach GPAC to "successfully" acquire a Conditional Use Permit (CUP) through the City of Redondo Beach.

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