BURBANK — Burbank Community YMCA members tired of circling the block or relying on nearby shopping center structures for parking can breathe a sigh of relief, as the organization is set to break ground on a 41-space lot across the street from its child care center on San Jose Avenue.
The nonprofit YMCA secured a $4.8-million private loan from First Private Bank and Trust last month after the City Council in September postponed voting on two requests for financial assistance. The funds will be used to pay off the recent purchase of two properties on San Jose Avenue and the necessary work to build the additional parking facilities.
The load also consolidates the YMCA’s existing mortgage and covers the estimated costs of capital improvements to the main facility, said Yvette Herrera, president of the organization’s board of directors.