VII.3.A) INFORMATIONAL UPDATE REGARDING PHASE I OF HEALTHY LIVING CAMPUS AT 514 PROSPECT AVENUE, REDONDO BEACH AND SELECTION PROCESS FOR DEVELOPER/LESSEE/OPERATOR AND DESIGN-BUILD FIRM
BCHD BoD 7-25-22 Ecomment VII.3.A) INFORMATIONAL UPDATE REGARDING PHASE I OF HEALTHY LIVING CAMPUS AT 514 PROSPECT AVENUE, REDONDO BEACH AND SELECTION PROCESS FOR DEVELOPER/LESSEE/OPERATOR AND DESIGN-BUILD FIRM
Assuming Cain Bros handpicked the 12 potential Developer/Owner/Operators based on our taxpayer payment to them, and that 75% fell out, either they were sham bidders of the project is an abject failure under BCHD's so-called leadership and its $16M army of consultants.
75% of potential D/O/Os withdrew due to stated poor economics and poor design. On average, the remaining three offer lease payments to BCHD of $1.5M annual and a chargeback of $1.1M for BCHD use of the facility for 91% non-resident allcove, 96% non-resident PACE and BCHD staff offices. Further, the RCFE is for 80% non-residents.
It is clear this facility is for non-residents and in violation of both the formation of South Bay Hospital District and SBHD's court filings to develop a facility for the benefit of residents of the District.
BCHD BoD 7-25-22 Ecomment VII.3.A) INFORMATIONAL UPDATE REGARDING PHASE I OF HEALTHY LIVING CAMPUS AT 514 PROSPECT AVENUE, REDONDO BEACH AND SELECTION PROCESS FOR DEVELOPER/LESSEE/OPERATOR AND DESIGN-BUILD FIRM
Assuming Cain Bros handpicked the 12 potential Developer/Owner/Operators based on our taxpayer payment to them, and that 75% fell out, either they were sham bidders of the project is an abject failure under BCHD's so-called leadership and its $16M army of consultants.
75% of potential D/O/Os withdrew due to stated poor economics and poor design. On average, the remaining three offer lease payments to BCHD of $1.5M annual and a chargeback of $1.1M for BCHD use of the facility for 91% non-resident allcove, 96% non-resident PACE and BCHD staff offices. Further, the RCFE is for 80% non-residents.
It is clear this facility is for non-residents and in violation of both the formation of South Bay Hospital District and SBHD's court filings to develop a facility for the benefit of residents of the District.