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Loans

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  • Burbank gets in on comedic act

    CITY HALL — Life in downtown Burbank is about to get a whole lot funnier.
  • Glendale city manager seeks to modify housing loan with former employer, Monrovia

    Glendale city manager seeks to modify housing loan with former employer, Monrovia
    City Manager Scott Ochoa wants his former employer, the city of Monrovia, to restructure a $275,000 home loan officials gave him in 2004 so he can speed up his move to Glendale. The proposal, which is largely procedural in nature, has reportedly set...

    Ochoa not counting on Monrovia changing his home loan

    Ochoa not counting on Monrovia changing his home loan
    Amid fears of being perceived as giving preferential treatment, Monrovia’s City Council this week failed to reach consensus on modifying a home loan made to their former city manager, Scott Ochoa, who left that city for the top job in Glendale....

    Fitch downgrades Airport Authority bonds

    Fitch downgrades Airport Authority bonds
    Credit agency Fitch this week downgraded its rating on Burbank-Glendale-Pasadena Airport Authority bonds, but noted the airport is in healthy financial shape overall. The agency dropped its rating to A+ from AA- on $53.5 million worth of outstanding 2005...

    Glendale appeals redevelopment payout amid legal challenge

    Glendale appeals redevelopment payout amid legal challenge
    Glendale officials say the state is overcharging the city by $1 million to keep its redevelopment agency, prompting them to file an appeal with the Department of Finance. State lawmakers earlier this year essentially forced local redevelopment...