L.A. Mayor Eric Garcetti says it may be time to do away with the city-owned yacht after CBS2 uncovered that renovation costs were in the millions of dollars.
In the wake of a CBS2 investigation, Mayor Eric Garcetti Friday maintained that leadership changes at the Port of Los Angeles had little to do with the controversial skyrocketing cost of its 73-foot yacht.
The executive director for the Port of Los Angeles will retire by the end of the year, Mayor Eric Garcetti announced Thursday.
The cost of renovations for the Port of Los Angeles’ yacht, which is used for tours of the harbor, is millions more than first reported, according to CBS2 investigative reporter David Goldstein.
The Port of Los Angeles has been spending more than $1 million of public money on renovating a yacht, according to CBS2 investigative reporter David Goldstein.
With the city going broke you may be surprised to find out that Los Angeles is the proud owner of a million dollar yacht and it is about to undergo hundreds of thousands of dollars in renovations at taxpayer expense.