Council approves $7 mil bond issuance for city hall remodel
The Malibu City Council on Monday set the process in motion to issue up to $7 million worth of certificates of participation, or COPs, to fund the redesign of the building that will become the new City Hall. The preliminary cost for the project is an estimated $4.8 million. Councilmember Pamela Conley Ulich was the lone vote against issuing the COPs, her reasoning being that the redesign cost had not been finalized.
http://www.malibutimes.com/articles/2010/02/25/news/news4.txt
Labels: Malibu News
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