Congratulations HMB ~ Beechwood Obligation Bond $10.9 Million Payoff!!

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VIDEO.  August 1st, City of HMB was able to payoff the crippling Beechwood bond. In 2008. the City was ordered to buy the 24.7 acre Beechwood property for $41 million. City Manager, Bob Nisbet, reads a proclamation to the city council and public. The payment of $10.9 million was made August 1st.

Then Mayor, Farmer John Muller, reminisces about the difficult Beechwood time in the 2000s.

Beachwood could cost Half Moon Bay more than $36,795,000

~ HMB Review, 2007

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Coastside Buzz
Author: Coastside Buzz

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