Another bond for Whittier College

Whittier College is hoping to get the approval of the City Council next week for a plan to seek a $60 million bond issue to refinance its debt and free up some extra money for campus improvements.

The college is hoping to get enough money to replace its swimming pool and its equipment, as well as upgrade its Hoover Hall classrooms.

It's pretty much the same thing they did in 2004, when they went through the city to get a $60 million bond to pay off a 1993 bond and buy the Whittier Law School property in Costa Mesa, as well as pay for some other campus renovations.

The good news for the city is that the bonds are issued at no cost to the city or taxpayers. Whittier College is solely responsible for paying back the debt.

More on this story will be in Friday's paper.