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Council OKs $5M economic plan

Posted: April 28, 2009 9:02 p.m.
Updated: April 28, 2009 9:03 p.m.
 

The Santa Clarita City Council unanimously signed off Tuesday on a sweeping 21-point plan to stimulate the local economy.

The ambitious plan will spend some $5.2 million over the course of a year to do everything from streamlining the development process, to urging people in the Santa Clarita Valley and the greater Los Angeles region to "Think Santa Clarita Valley" when shopping.

The plan calls for $5,237,003 in city funds. Add that to the $13.5 million the city is receiving as part of the American Recovery and Reinvestment Act, and about $18.7 million is set for investment in Santa Clarita.

Read Wednesday's edition of The Signal for a full report.

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