Industry voters back football stadium
Voters in Industry have approved selling up to $500
million in infrastructure bonds that includes money for a planned $800-million
NFL stadium, the Los Angeles Times reported today. Daily News wires.
The stadium, proposed last year by billionaire Ed Roski, is slated to be
built on 600 acres of city-owned land as part of a massive redevelopment
project that includes retail, office space, practice fields and banquet
facilities, the newspaper reported.
Industry residents approved selling bonds to build streets, add sewers
and other utility connections as well as added city improvements unrelated to
the stadium, Industry Mayor David Perez told The Times.
The preliminary vote count was 60 to 1. Industry last authorized an
infrastructure bond issue for $250 million in 1978, Perez told the newspaper.
That money, he explained, has funded projects in the city over the last 30
years.
The city, which has fewer than 800 residents and more than 2,500
business is strongly supporting the proposed stadium, the newspaper reported.

Los Angeles Daily News City Hall reporter 

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