Flood of 1969, H.B. Lifeguards, bungalows, etc.

Today's three photos were all taken Feb. 24, 1969 ("the Flood of '69") and are from the same Flood Control Dept. materials I wrote about Wednesday. The photo above shows the Villa Park Dam spillway, and the photo below shows the Santiago Dam spillway.
The third photo (below) shows the flooded intersection of Bolsa and Harbor Blvd, in Santa Ana. Businesses shown include Food Ranch Market, Bolsa Auto, and one of the old Stanley Meston-designed McDonald's restaurants. Note also the Huntington Savings billboard. Does anyone know the significance of the lifesized sailor in a crow's nest overlooking the intersection?
Kai Weisser, who wrote a book about the history of the Huntington Beach Lifeguards, now has his own blog. He says "it will primarily be book related, HB lifeguard and beach related. I may from time to time include general H.B. [history], which I have a few photos of, or [other related] stuff that comes my way."
The Register reports that a Vietnam War museum has been proposed for Orange County.
Architect Richard Dodd will give a talk about "The Bungalow Era in Orange County - The Embodiment of the Arts & Crafts Movement" at the Mary Wilson Branch Library, 707 Electric Ave., Seal Beach, Jan. 28, 7pm. If you attend, be sure to also check out the Seal Beach Historical & Cultural Society's restored Pacific Electric "Red Car" adjacent to the library.