Experts say extraordinary and painful decisions will have to be made in coming years, including whether certain areas are even inhabitable.
The auditor will seek to reconcile the company’s recently-released financial statements from the last two years and information contained in the company’s prospectus to potential investors last spring.
Residents who were part of a lawsuit over conditions at the park will receive about $50 million in the settlement, in addition to $7 million generated from the sale of the park, attorneys said.
Roughly 5,000 delegates, guests, observers, volunteers, staff and media are expected, not to mention a bevy of protesters, lobbyists and others.
Brian Hatch, a Long Beach resident who was appointed to the Fair Political Practices Commission in March 2017, said in an interview Tuesday that he has been asked to run for Pearce’s seat on the City Council, which is up for election in March.
The city’s letter on Tuesday said Urban Commons has failed in its lease obligations to make several repairs to the historic ship.
Whether the 13-acre plot of land known as the “elephant lot” winds up “a home run or a slam dunk,” the city is sure to attract a sports team, entertainment company or other top level venue, the mayor said, without specifying any particular teams or businesses.
The report also found that although Pearce updated 2018 legal forms required of public officials following a Long Beach Post story in May, she did not report all of the income she received—even on the amended forms.
“I’m sick, I’m cranky, and I’m not going to stand here and be yelled at,” said Councilwoman Jeannine Pearce, who at one point left the stage as a small number of people shouted.
Dr. J. Mario Molina, one of the namesakes behind Long Beach’s Molina Healthcare, will be the founding dean of a new medical school being formed at the Keck Graduate Institute in Claremont, officials announced Tuesday.