Broad to lease land for museum
The county Board of Supervisors Tuesday approved a deal allowing billionaire Eli Broad to build a museum downtown by leasing county land for $7.7 million over 99 years - instead of the $1 a year that had originally been proposed.Troy Anderson in the Daily News.
The money will be placed in a special county treasurer and tax collector's account to pay for affordable housing as part of the larger Grand Avenue project.
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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
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