top of page
Against Overdevelopment

Unhealthy speculation


Dear ER:

Beach Cities Health District has told the public that by 2022 they will be financially in the red and need a new plan to generate revenue. An assisted living facility has been decided upon as the solution to provide the needed revenue. Are they gambling with our public land and property taxes. Recent realities challenge the notion that dependence upon an assisted living facility as a consistent money maker is a risky assumption.  For example: BCHD’s proposition to enhance their organization’s revenues is a highly risky endeavor that has important consequences for Redondo. What if the promised revenue never materializes? Will the assets be sold to a private investment company or REIT? Will we be faced with decades of empty buildings? The proposed senior housing project is not in the best interests of Redondo Beach residents.

Sheila W. Lamb

Redondo Beach

2 views0 comments

Recent Posts

See All

Mission shrink

Dear ER: Five bond measures were on Beach Cities ballots during the recent election. All but one won. School bonds in the three Beach...

60-year quake

Dear ER: The failure of Beach City Health District’s proposed Measure BC was definitely not a matter of its cost to voters. Larger...

Anybody in there

Dear ER: Since Beach Cities Health District’s bond, Measure BC, was so small financially compared to the other bonds, its defeat by...

Comments


bottom of page