S&P Global Ratings has upheld Palm Springs’ AA long-term credit rating, which will allow the city to proceed with two major projects. That ruling means the Palm Spring financing authority may issue bonds to pay for the renovation of the city’s public library and swim center, according to a statement …
Read More »Apple Valley to rebuild six-lane bridge
Apple Valley will begin major upgrades of Bear Valley Bridge Road later this year. The project, which was approved by Caltrans last month, is expected to start in December and be completed in April 2028, according to a statement on the town’s website. It will be paid for with revenue …
Read More »San Bernardino to upgrade streets
San Bernardino will spend $6.2 million to upgrade 14 streets throughout the city. The city council on June 4 approved the project, which will take place in all seven of the city’s council wards, according to a statement released June 18 by the city. The project, which will cover approximately seven …
Read More »Plaza Theatre to open in December
The Plaza Theatre in Palm Springs, which closed 11 years ago after it fell into disrepair, will reopen in December. The Palm Springs Plaza Theatre Foundation, which has led the effort to have the downtown landmark restored, made the opening date official in a statement posted June 17 on the …
Read More »Street renovation begins in San Bernardino County
Renovation of two major thoroughfares in an unincorporated part of San Bernardino County has begun. The Little Third Street and Little Tippecanoe Avenue Improvement Project will cost $4 million and is expected to be completed this fall, according to a statement on San Bernardino County’s website. The project, which broke …
Read More »San Bernardino County approves budget
San Bernardino County has passed a $10.5 billion budget for fiscal year 2025-’26. The board of supervisors unanimously approved the budget, which includes $205.2 million for new programs, during its June 10 meeting, according to a statement on the county’s website. The balanced budget includes: $7.5 million to establish a …
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IE Business Daily Business news for the Inland Empire.