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Council approves fee waivers for YMCA but declines a $1.5 million pledge; Y warns loss of tax credit could delay pool and programs
Summary
Council authorized additional fee waivers for the YMCA project but voted down a proposed $1.5 million city pledge (distributed over four years) that the YMCA said is needed to secure a $5 million tax credit; supporters and opponents voiced fiscal and programmatic arguments.
The Downey City Council approved additional fee waivers to support the YMCA of Metropolitan Los Angeles' planned new Downey facility but rejected a separate motion to pledge an extra $1.5 million over four years.
City staff told council the most recent estimate required an increase in previously authorized fee waivers; staff and council approved additional waivers (staff cited a total waiver need of about $362,150, incorporating the newly identified $66,070 figure). Councilmembers agreed to authorize the…
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