Board removes contingency on Measure A funds for Coliseum Connections to avoid construction delay
The Alameda County Board of Supervisors voted unanimously Jan. 23 to remove a contingency tying Measure A housing-bond funds to bond issuance for the Coliseum Connections project, allowing the developer access to financing needed to keep modular production on schedule.
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The Alameda County Board of Supervisors voted 5–0 on Jan. 23 to remove a contingency that had restricted access to Measure A housing-bond funds for the Coliseum Connections project in East Oakland, enabling the developer to access lender funds needed to meet an imminent modular production payment.
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