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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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