понедельник, 14 июня 2010 г.

Fresno County buys building with tobacco funds

Bond money collected through tobacco sales in 2006 allowed Fresno County to purchase the Crocker Building on Fresno and L streets in Fresno, the Board of Supervisors announced last week.

As a result of a settlement with tobacco companies, the Tobacco Securitization Bond Endowment Fund provided California counties with money to be used for capital improvements such as acquisitions, construction, and land and building improvements.

Fresno County used $3.7 million from the funds to purchase the building, which will house the Department of Social Services administration staff. Child Protective Services, which was recently absorbed by the department, will remain in the building on a lease from the County.

Former plans included the possibility of a jail expansion and other judicial services, but both were currently deemed infeasible due to the shortage of funding for justice agencies.

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