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San Gabriel Valley Digest

Arcadia : City to Float Bond Issue

July 24, 1986

The city's redevelopment agency has decided to issue $3 million in short-term bonds to provide funds for construction of an equipment storage facility. City officials said there is no other way to avoid using reserve funds to build a new city yard and they want reserve funds available in case unforeseen problems arise with two redevelopment projects on Huntington Drive.

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