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Levy Brothers opened a department store in downtown Half Moon Bay.Spanishtown was officially renamed Half Moon Bay in 1874.Spanishtown became a racially diverse community, settled by Canadians, Chinese, English, Germans, Irish, Mexicans, Italians, Scots, Portuguese, and Pacific Islanders.Regular stagecoach service was established with San Mateo; coaches also served the communities of Purissima, Lobitos, and San Gregorio.
The City was able to retire the first of its two 30-year Judgment Obligation Bonds (2009A Series Bonds) a full 20 years early.
According to the United States Census Bureau, the city has a total area of 6.4 square miles (17 km) of it (0.32%) is water. Major local industries include agriculture (houseplants, floriculture, Christmas trees, pumpkins, artichokes), fishing, and tourism.
Historically, Half Moon Bay had been known as San Benito and Spanishtown.
The early retirement will save the City over 6,000 in annual General Fund expenses starting in 2015-16.
The second set of Judgment Obligation Bonds (2009B Series Bonds) will be retired in 2019, 18 years ahead of schedule with a combination of annual payments from the City Budget and funds already on deposit with the Bond Trustee obtained in settlements with two of the City’s insurance carriers.