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CALIFORNIA | LOCAL
May 24, 1998 | JOHN CANALIS
Fountain Valley plans to widen the Warner Avenue overpass from four to six lanes to accommodate more traffic and allow safer merging to and from the San Diego Freeway. Vehicles exiting the freeway at Warner must now stop and then merge with those that are traveling as fast as 45 mph. With only a few feet to merge, the area has been the scene of several accidents, according to a city staff report.
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CALIFORNIA | LOCAL
March 11, 1999 | ANDREW STEVEN HARRIS
A proposal to bring the Borchard Road extension into compliance with city codes and require Dos Vientos homeowners to pay the road costs has been rejected by the City Council. The plan, which involved homeowner-backed bonds and was proposed by Councilman Dan Del Campo, was rejected Tuesday night by a 3-2 vote. The special tax bonds Del Campo had proposed, called Mello-Roos bonds, are used to build schools, roads and other construction projects.
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REAL ESTATE
July 17, 1988
Shea Homes, of Walnut, developer of the 573-acre Vantage Pointe housing tract in Rowland Heights, will contribute about $4 million to improve Fullerton and Pathfinder roads, which run beside the subdivision. The total cost of the project is about $19 million. Los Angeles County will contribute $5 million. Property owners will be assessed the cost of a $10-million bond issue to be made by a community facilities district. The work is scheduled for completion in late 1989.
CALIFORNIA | LOCAL
May 24, 1998 | JOHN CANALIS
Fountain Valley plans to widen the Warner Avenue overpass from four to six lanes to accommodate more traffic and allow safer merging to and from the San Diego Freeway. Vehicles exiting the freeway at Warner must now stop and then merge with those that are traveling as fast as 45 mph. With only a few feet to merge, the area has been the scene of several accidents, according to a city staff report.
CALIFORNIA | LOCAL
March 11, 1999 | ANDREW STEVEN HARRIS
A proposal to bring the Borchard Road extension into compliance with city codes and require Dos Vientos homeowners to pay the road costs has been rejected by the City Council. The plan, which involved homeowner-backed bonds and was proposed by Councilman Dan Del Campo, was rejected Tuesday night by a 3-2 vote. The special tax bonds Del Campo had proposed, called Mello-Roos bonds, are used to build schools, roads and other construction projects.
CALIFORNIA | LOCAL
October 19, 1985 | KIM MURPHY, Times Staff Writer
The 4th District Court of Appeal on Friday rejected a request to block a $104-million developer fee program in Irvine that will help pay for the construction of three freeways, raising the possibility that opponents of the program will launch a referendum campaign. Without comment, the court denied a petition from the Committee of Seven Thousand to delay the fee program pending full appellate review of an initiative circulated by the committee.
BUSINESS
May 25, 1995 | DEBORA VRANA, TIMES STAFF WRITER
Citing concerns about any bond issues linked to bankrupt Orange County, Moody's Investors Service said Wednesday that it will evaluate $1.1 billion of bonds being sold next week to build a toll road in the county--even though it hasn't been asked to review them. Moody's, one of Wall Street's major rating services, said the unprecedented move was prompted by inquiries from worried investors.
CALIFORNIA | LOCAL
July 6, 1993 | CHIP JOHNSON, TIMES STAFF WRITER
The Newhall County Water District is caught up in legal battles with city and state bodies whose roadwork projects have resulted in more than $1 million in waterline relocation costs. The city expects the water district to pay the cost of relocating waterlines that are disturbed when the city tears up roadways. Water district officials contend they aren't required to subsidize road projects initiated by local governments or state agencies.
BUSINESS
July 16, 1999 | GERALDINE RYERSON-CRUZ, BLOOMBERG NEWS
Investors on Thursday snapped up more than $1.5 billion in municipal bonds backed by tolls of the Foothill/Eastern Transportation Corridor, making it the largest tax-exempt sale on Wall Street this year. Securities firms handling the sale, which refinanced an earlier bond issue in an effort to improve the Foothill's cash flow, stopped taking orders after one hour as institutional buyers ordered three times as many bonds as were available.
BUSINESS
May 25, 1995 | DEBORA VRANA, TIMES STAFF WRITER
Citing concerns about any bond issues linked to bankrupt Orange County, Moody's Investors Service said Wednesday that it will evaluate $1.1 billion of bonds being sold next week to build a toll road in the county--even though it hasn't been asked to review them. Moody's, one of Wall Street's major rating services, said the unprecedented move was prompted by inquiries from worried investors.
CALIFORNIA | LOCAL
July 6, 1993 | CHIP JOHNSON, TIMES STAFF WRITER
The Newhall County Water District is caught up in legal battles with city and state bodies whose roadwork projects have resulted in more than $1 million in waterline relocation costs. The city expects the water district to pay the cost of relocating waterlines that are disturbed when the city tears up roadways. Water district officials contend they aren't required to subsidize road projects initiated by local governments or state agencies.
REAL ESTATE
July 17, 1988
Shea Homes, of Walnut, developer of the 573-acre Vantage Pointe housing tract in Rowland Heights, will contribute about $4 million to improve Fullerton and Pathfinder roads, which run beside the subdivision. The total cost of the project is about $19 million. Los Angeles County will contribute $5 million. Property owners will be assessed the cost of a $10-million bond issue to be made by a community facilities district. The work is scheduled for completion in late 1989.
CALIFORNIA | LOCAL
October 19, 1985 | KIM MURPHY, Times Staff Writer
The 4th District Court of Appeal on Friday rejected a request to block a $104-million developer fee program in Irvine that will help pay for the construction of three freeways, raising the possibility that opponents of the program will launch a referendum campaign. Without comment, the court denied a petition from the Committee of Seven Thousand to delay the fee program pending full appellate review of an initiative circulated by the committee.
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