Hermosa Beach City Treasurer to leave office
City Treasurer David Cohn speaks at the Dec. 11 City Council meeting. Photo by Ed Pilolla Hermosa Beach City Treasurer David Cohn announced on Monday that after 18 months in office, it was time for him to resign. “At nearly 73, it has become apparent I have taken on more responsibilities than one at this stage of life should do,” Cohn wrote in an official letter. “Between my Corporate Finance firm activities, teaching four classes on the subject of Corporate Finance, and City Treasurer, something just had to give.” He went on to say that it was apparent to him that Hermosa Beach is one of the best run cities financially in the State and he attributes that to the city’s financial policies from even before he took the helm. “I unfortunately had many challenges and steps to learn quickly, not having a predecessor to talk to and having three different City Managers to communicate with during this relatively short period of time,” wrote Cohn. According to a press release from the city, at the next council meeting on May 14 it will be recommend that Viki Copeland, the city’s current finance director, to fill the vacancy in the interim. The city will also draft a resolution that would…
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