Credit union agrees to City Hall lease

DOWNEY - Downey City Employees Federal Credit Union will pay $4,320 per year for space it occupies inside City Hall. The lease was ratified by the City Council on Tuesday.The credit union has operated on a lease agreement inside City Hall since 1996; before 1996, it had no lease but operated based on "providing positive employee relations." As in the past, the credit union will pay for its own phone and Internet service. The $4,320 will be applied towards City Hall's maintenance and operations.

********** Published: June 30, 2011 - Volume 11 - Issue 10