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CITY OKS $1 MILLION TO ACQUIRE APARTMENTS.


Byline: Sonia Giordani Daily News Staff Writer

The City Council has approved a $1million grant to help buy and rehabilitate re·ha·bil·i·tate
v.
1. To restore to good health or useful life, as through therapy and education.

2. To restore to good condition, operation, or capacity.
 the 43-unit Los Arboles Apartments as an affordable housing complex.

Tuesday night's vote authorized depositing $200,000 into escrow escrow

Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition.
 on behalf of the Area Housing Authority, which is buying the complex to keep it from being converted into market-rate apartments. The remaining $800,000 will help finance renovations.

The authority plans to seek a $2.4million loan, to be insured by two federal agencies, to pay the balance of the purchase price.

In other action, the council:

Unanimously approved the sale of $25million in bonds to finance improvements to the city's wastewater system.

Voted 4-1, with Councilwoman Linda Parks For the DC Comics character, see .

Linda Park (born July 9, 1978) is a Korean American actress who is best known for her portrayal of communications officer character Hoshi Sato in the television series .
 dissenting, to spend $20,000 to research the feasibility of executing three proposals to redesign the Copper Curtain sculpture on the east wall of the Civic Arts Plaza.

Based on an informal phone poll, the options would be to superimpose su·per·im·pose  
tr.v. su·per·im·posed, su·per·im·pos·ing, su·per·im·pos·es
1. To lay or place (something) on or over something else.

2.
 the city's oak tree logo over the curtain; superimpose the theater's muse logo; or replace the sculpture with a mural mural

Painting applied to and made integral with the surface of a wall or ceiling. Its roots can be found in the universal desire that led prehistoric peoples to create cave paintings—the desire to decorate their surroundings and express their ideas and beliefs.
 depicting the city's bucolic hillsides.

Voted unanimously to honor the six winners of the WasteWatch Awards Program, which recognizes waste reduction and recycling efforts. The winners are Baxter Healthcare Corp., GAR gar, member of the family Lepisosteidae, freshwater fishes found in the warmer rivers and lakes of the S United States, Central America, Mexico, and the West Indies. Gars are highly predacious and destroy many useful fish.  Energy Management Group, Conejo Graphics, Kinko's Copies, Whole Foods Market and Newbury Disposal Co.
COPYRIGHT 1998 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Daily News (Los Angeles, CA)
Date:Sep 24, 1998
Words:224
Previous Article:THOUSAND OAKS COUNCIL SPLITS ON SPEECH RULES.
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