Garden Grove

Homeless issues at “Meet”

A “MEET ON MAIN” town hall on the issue of homelessness will be held on Thursday, March 3, sponsored by the Garden Grove Neighborhood Association (Shutterstock).

A town hall-style meeting on homelessness is scheduled for Thursday, March 3 at the Courtyard Center in Garden Grove.

The Garden Grove Neighborhood Association is presenting this “Meet On Main” featuring members of the Garden Grove Police Department’s Homeless Task Force (Special Resources Team) and the city’s Public Works Department.

“Behind the scenes” stories will be shared about how city resources are being employed to deal with unsheltered issues.

The event is scheduled for 6-7:30 p.m. at the Center, 12732 Main St. (Village Green park).  RSVP to Maureen.ggna@gmail.com .

Pension obligation bonds studied

A special meeting of the Garden Grove City Council will be held on Monday, Feb. 28 with a discussion on pension obligation bonds the sole item on the agenda.

UNFUNDED PENSION obligations are looming over many cities (Shutterstock).

Since the costs of paying employee pensions upon retirement have risen dramatically in recent months and years, some cities and other public agencies have turned to alternatives such as POBs.

Last March, a divided Huntington Beach City Council voted 4-3 in favor of authorizing taxable pension obligation bonds. Supporters of using the bonds argue it could save the city millions of dollars; opponents claim it’s a risky approach.

In recent years there were success stories in Boulder, Colorado where the bonds were used to reduce its interest rate to 4.25 percent, but Oakland’s experience was worse. It had to issue a second series of bonds once it found that it was $250 million out of balance than when it issued the first series.

The meeting will be held at 5:30 p.m. in the Community Meeting Center, 11300 Stanford Ave.

Planning Commission meeting cancelled

The Garden Grove Planning Commission meeting scheduled for Thursday, March 3 has been cancelled.

The next meeting of the commission is scheduled for Thursday, March 17 at 7 p.m.

 

 

 

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