Skip to main content

Plan to finance AES purchase moves forward

Redondo Beach City Council has taken its next step toward the city’s plan to redevelop the AES power plant site, authorizing staff to set the framework for a tax financing district that would help purchase all or part of the site.

This follows last November’s joint press conference, when the City announced its plan to purchase the site, with the support of Los Angeles County Supervisor Janice Hahn and Assemblyman Al Muratsuchi.