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Tuesday, Apr 16, 2024

Bonds go up for city grabs

GLENDALE , As part of the ongoing cascade of federal stimulus funding, the U.S. Treasury Department on Friday announced a combined $16 million in low-interest bonds for Glendale and Burbank, but city officials are so far unsure if they’ll tap into the money. Glendale was allocated about $10 million in federally subsidized bonds to finance public projects , everything from job training and education programs to infrastructure projects , as a part of the Treasury Department’s Recovery Zone Bonds program. Burbank was allocated $5.8 million. For the full story click here

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