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Costa Mesa History

Located on the "coastal tableland" above Newport Bay, Costa Mesa was once grazing grounds for cattle belonging to the Mission San Juan Capistrano.  At the beginning of the 19th century, missionaries built an adobe "Estancia" or way-station for the vaqueros who tended the herds.  This structure still stands and was recently restored and transformed by the City into a museum at 1900 Adams Avenue.

 

World War II brought many thousands of people to the area for training at the Santa Ana Army Air Base, located on what is now the Orange County Fairgrounds, Orange Coast College, and the present site of the Civic Center.  When the war ended, many of these men and women returned with their families to begin the population boom which continues today.

On June 29, 1953, the City was incorporated and City Council-Manager form of government was chosen.  The new City had an area of 3.5 square miles and a population of 16,840.  Within 35 years, by 1988, the population had risen to 90,000 and the area to 17 square miles. 
The 2005 Census noted population at 113,143.  The City, which formally adopted the slogan "The City of the Arts” in 1999, is home to a regional symphony orchestra and the South Coast Repertory Theater.  The 3,000-seat Orange County Performing Arts Center was completed in 1985.  In 2006, both the 2,000-seat Renee and Henry Segerstrom Concert Hall and the 500-seat Samueli Theater held their grand openings.

Retirement advice and news - CNNMoney.com


Retirement: What's your magic number? - 8 days ago
Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif.
Why I took Social Security early - 16 days ago
About 73% of Social Security filers last year took their benefits early, even though they would receive larger checks if they had waited until full benefits kicked in at 66. Here's why these folks thought it was the right decision.
Skeptical of too-good-to-be-true retirement plans - 16 days ago
Question: Are you familiar with something called a Plan B pension? Is it a legit investment and, if so, how can I sign up? --Lloyd, Decatur, Georgia
Behind on retirement? The secret to catching up - 24 days ago
Question: I'm behind in saving for retirement. Should I take more risk to catch up? --James Wilson, San Antonio
Life insurance as savings - 31 days ago
Question: I'm 33, make about $150,000 a year and am starting from scratch to plan for retirement. A person close to me wants to sell me life insurance with a cash value feature as a way to save. Can you help me here? What do you think is my best option? --Carlos R., Houston, Texas
Recent transactions in the Costa Mesa Reverse Mortgage market:
$365,200 cash out Costa Mesa Reverse Mortgage
$215,000 HECM Costa Mesa Reverse Mortgage
$925 monthly payments Costa Mesa Reverse Mortgage

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Morningstar Mortgage - 17011 Beach Blvd. #900 - Huntington Beach, CA 92647
Office Phone: 714-848-4549 Fax: 714-908-3800 Toll Free Phone: 800-216-6322


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