Malibu West Homeowners Worry as GHAD Bills Mount

by ritasimpson on December 28, 2011

in Community Information, Malibu WEST

As the bills accumulate  for preliminary work done for the Broad Beach Geological Hazard Abatement District, Malibu West homeowners, who collectively own one lot on Broad Beach, are becoming increasingly concerned about just how much ultimately the GHAD might cost the residents of the more financially modest neighborhood.

Malibu West is involved in the GHAD project, an attempt to restore Broad Beach by not only a revetment, but a planned series of sand replenishments that may cost millions of dollars.

“The GHAD has already spent more than a million dollars on the project with no source of funding except to impose new taxes on all property owners within theGHAD. In order to raise funds, the Trancas Property Owners Association has already sent the Malibu West HOA bills totaling $80,000 without any itemization as to how these monies have been spent,” wrote Ron and Cindy Vandor, in a letter to neighboring Malibu West property owners.

As the bills start coming in for preliminary work done for the Broad Beach Geological Hazard Abatement District, Malibu West homeowners, who collectively own one lot on Broad Beach, are becoming increasingly concerned about just how much ultimately the GHAD might cost the residents of the more financially modest neighborhood.

Malibu West is involved in the GHAD project, an attempt to restore Broad Beach by not only a revetment, but a planned series of sand replenishments that may cost millions of dollars.

 

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