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Council approves $1.3M completion bond for Main Street Pier project after heated debate
Summary
After prolonged debate over deadlines and alleged missed milestones, the council approved a $1.3 million completion bond for building improvements at 21 & 22 Main Street (Surf City Partners), voting 4-3 following motions to table and challenges about possible contract default.
The Huntington Beach City Council approved a $1.3 million completion bond for pier improvements at 21 and 22 Main Street on Jan. 20 after a contentious debate over project timelines and whether the leaseholder had fallen short of obligations.
Staff presented the completion bond, required under the executed lease with Surf City Partners LLC, noting the bond equals 100% of estimated construction costs and "creates no fiscal impact to the city." The planned improvements include a restaurant, renovated restrooms, a bait-and-tackle shop and storage. The lessee, identified in staff remarks as Keith Boer, attended the meeting and said his team had incurred significant out-of-pocket…
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