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2003 AGN JUL 01 I22
Colton
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2003 July 1 Agenda Packet
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2003 AGN JUL 01 I22
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procuring with City assistance. Because the timing of the Big League Dreams loan may not coincide with the close of <br />escrow, it may be necessary to temporarily borrow/transfer $1,000,000 from the bond project fund to finalize the land <br />acquisition transaction. <br />ENVIRONMENTAL IMPACT <br />The site now proposed for acquisition was named as an alternate site for the environmental impact report (EIR) on the <br />original Valley Boulevard site prepared by Dodson and Associates. It is anticipated that the EIR and related traffic study <br />will be completed by September 19, 2003. <br />RECOMMENDATION <br />Approve the attached revised agreements with Big League Dreams, subject to making non -substantive changes that are <br />approved by the City Manager and City Attorney. <br />REVIEW TEAM ON W <br />City Attorney:' Finance Director: t W <br />City Manager: ` OTHER: <br />
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