Hello again Redondo Beach! We're bringing you the latest town highlights. Don't miss out, keep going! βοΈοΈ
In today's newsletter:
Also on today's calendar: Grand Opening! Steamoji and 10 more events.
Today's riddle: What is the difference between black eyed peas and chick peas? π€ (Answer below!)
β’ Redondo Beach Audit Finds 'Material Weakness' Over Years-Old Accounting Errors (patch.com) β Redondo Beach officials are addressing a newly identified material weakness in the city's financial controls after auditors found and corrected several years-old accounting errors, none of which involved missing money. The city's finance team, now largely new, uncovered the problems themselves, prompting restatements but still earning Redondo Beach a clean, unmodified audit opinion and assurances that reserves and credit rating remain unaffected.
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β’ $10 Million Wave Pool Plan Could Transform Redondo Beach's Seaside Lagoon (yardbarker.com) β Redondo Beach officials are set to review a $10 million proposal to turn the aging Seaside Lagoon into "Ocean Park," adding a compact wave pool, upgraded swimming lagoon, and new park amenities. Backed by state and city funding, supporters say the year-round attraction could boost tax revenue and address mounting maintenance and water-quality problems at one of the city's signature waterfront facilities.
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β’ Home Sales Volume Shrinking - (randomlengthsnews.com) β Redondo Beach's housing market is wrapped into a broader South Bay trend, where overall home sales are down but the beach cities segment, including Redondo, still shows yearβtoβdate volume growth. The piece explains how postβpandemic lowβrate mortgages, high prices, and rising interest rates are squeezing inventory and buyers, and outlines what that could mean for local prices and sales in the coming months.
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Ok Redondo Beach! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!
-- The Patch AM Team
P.S. The answer to today's riddle: Black eyed peas can sing us a song but chick peas can only hummus one. (Thank you Bev H. for sending it in!)
Got a good riddle for PatchAM? Submit it here!
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