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City approves $1.8-million loan for field

December 14, 2005|By By Fred Ortega

Construction of an artificial turf and all-weather track at Glendale High will be done by July, school officials say. GLENDALE CITY HALL -- By this time next year, Glendale High School athletes will be competing on a level playing field.

The Glendale Redevelopment Agency approved a $1.8-million loan deal Tuesday with the Glendale Unified School District.

The city will loan the district money, which it would have received over the next 20 years from the city's Central Project Redevelopment Area, up front to cover the costs for a state-of-the-art all-weather track and artificial turf facility at the high school.

The Glendale Unified school board was slated to approve the loan agreement and put the project out for bids at its meeting Tuesday night.

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But there was no reason to expect the board not to approve the loan deal, Boger said.

"The subject has been well discussed at past meetings, and there is no reason to believe the board will not approve the measure," she said.

"This will provide a better and safer playing surface for all of our athletes. It is truly an excellent example of the City Council working in partnership with the district for the benefit of the children of Glendale."

The new field should be ready for use by July, just in time for next year's football season, district officials said.

Under the terms of the loan deal, the district's repayments to the Redevelopment Agency, including a 4% annual interest charge, would be covered with the income the district receives from its share of redevelopment money. There is also no prepayment penalty, Boger said.

"This is an acceptable funding mechanism, and we are very excited about this project," said Stephen Hodgson, chief business and financial officer for the district.

"This funding will make it possible."

The City Council, acting as the Redevelopment Agency, unanimously approved the loan agreement. A replacement of the field is long overdue, Councilman Dave Weaver said.

"Having played on that field starting in 1951 and seeing no improvements made to it since then, I am happy to vote in favor of this agreement," Weaver said, pointing out the benefits derived from the installation of a similar artificial turf field at Glendale Community College.

"After the new turf was installed at the college, the number of kids attending the opening football game increased from between 60 and 80 to 120," he said. "And what did they do this year? They won their league and went to the playoffs."

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