San Dimas : Boosters Get City Loan
The city will lend $250,000 to the San Dimas High School Athletic Boosters Assn. to pay for interior fixtures in a new sports building at the school’s football stadium.
The new building will house a snack bar, restrooms, and practice rooms for wrestling and basketball, Assistant Principal Bill Brinegar said.
Under the agreement reached with the City Council on Tuesday, the association will pay for architectural and inspection fees. The group also agreed to repay the loan within five years, with the last two years bearing a 7% interest rate on the balance.