Dec 17, 2008

Big bond, no bid

Just as the state brings its public works projects to a halt, the City of Industry prepares to ask its 82 registered voters to approve a $500 million bond. The money would pay for infrastructure around billionaire Ed Roski's NFL stadium of dreams. As of yet, no NFL team has agreed to move there.

Industry officials also want voters to end the pesky requirement of awarding contracts to the lowest bidder, which could come in handy if and when they start spending that half billion. They also want voters to bar anyone without a permanent address from voting in future elections.

(San Gabriel Valley Tribune via LA Observed)

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