Bond Issue Would Enhance Stadium Project

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With developer Ed Roski poised to build an NFL stadium and retail project on the east side of City of Industry, its City Council is asking voters to approve a $500 million infrastructure bond.

On Jan. 20, the city’s 82 registered voters will decide whether to give Industry permission to borrow the money, according to documents on file in City Hall. The measure needs a two-thirds majority to pass and would be repaid through property taxes.

The city needs the money to build streets, lights, sewers, bridges and other infrastructure on 600 hilly acres northwest of the 57/60 freeway intersection, said Industry City Manager Kevin Radecki. A 75,000-seat NFL stadium could be built in the same area as soon as 2012.



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