City officials hope they have lined up the necessary financing to complete $57 million in freeway improvements in time for the scheduled October, 1991, opening of a regional shopping center in the southwest corner of the city.
The project will provide access to the shopping center, which will be located on a 72-acre piece of land at the intersection of the Pomona Freeway and Corona Expressway.
City officials appealed to the California Transportation Commission last week to allocate $20.7 million in state highway funds to the project. Mayor Donna Smith said commission members were receptive to the financing proposal, which is supported by Supervisor Pete Schabarum and Assemblyman Charles Bader (R-Pomona), among others.
The state Transportation Improvement Plan already includes $14.2 million for the improvements. Officials are also seeking to use $12.1 million already set aside for the widening of the Pomona Freeway.