PLEASANT HILL -- The Pleasant Hill Recreation and Park District will take out a loan to furnish the new senior, teen and community centers.

On a 3-2 vote, the board agreed this week to borrow $300,000 through the California Special Districts Association. The recreation district will repay the loan over seven years at 4.25 percent interest with annual payments of $50,500. The district can retire the loan early without incurring penalties. Sandra Bonato and Cecile Shepard voted no.

In 2009, voters approved a $28 million bond to build the three centers, upgrade the fields at Pleasant Oaks Park and remodel restrooms at several parks. Since the bond funds can be used only for buildings, the board must raise $1.3 million to buy furniture and equipment.

Thus far, the district has collected $398,467 of the $539,388 secured through foundation grants, donations and naming opportunities for rooms in the new buildings.

The sale of a three-bedroom house on Gregory Lane that had been part of the old senior center is expected to generate an additional $250,000. But the district will still need to raise more than $250,000 to meet the $1.3 million target.

Lisa P. White covers Martinez and Pleasant Hill. Contact her at 925-943-8011. Follow her at Twitter.com/lisa_p_white.



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