Features
 Current Features
 Past Features





Feature - July 2004

Arizona Bonds Approved
Voters Approve More Than $1 Billion in Work
By Tommy Acosta

Municipalities across Arizona approved more than $1 billion in new bonding for construction projects across the state.

Arizona voters overwhelmingly approved funding for hundreds of capital improvement and construction. Voters in New Mexico held statewide elections but no bond elections.

Pima County had the largest bond election in Arizona, with voters approving $732.4 million -- $144.4 million for habitat-land acquisition and $588 million for capital improvements and construction.

"By our calculations, about $240 million of the $732 million bond package directly benefits the city of Tucson," said City of Tucson communications director Jay Gonzalez. "We believe $180 million of that is in the general obligation bonds, and another $60 million in the sewer revenue bonds. Of that, we believe $200 is going to capital improvement projects."

advertisement

Pima County voters approved:

  • $81.8 million to develop and expand existing hospitals, clinics, art facilities and facilities for solid wastedisposal;
  • $183.5 million to develop and improve public safety in the county, build new justice facilities and a new court complex, jails and the renovation of the county's old courthouse;
  • $96.5 million to improve and equip existing parks and recreational facilities in the county including community centers, libraries, historic and cultural facilities and trails;
  • $46.2 million to construct and expand flood control facilities in the county, including bank stabilization, channels, drainage ways, dikes, levees and river parks.
    Voters in Mesa approved $300 million in a bond election. The money funds 109 projects throughout Mesa. "The construction industry can look forward to 20 more years of growth in Mesa," said Mesa CIP office senior engineer Byron Dixon.
    "Buildout is currently projected for 2025."

    The Mesa 2004 Bond Election includes:

  • $21.3 million to fund 22 projects for the expansion and replacement of the city's natural gas system;
  • $68.9 million for 35 projects to extend and improve the reliability and security of the city's wastewater system, including constructing new pumping, storage, effluent reuse and transmission facilities;
  • $6.8 million to fund projects to help control storm water runoff on streets and properties by building retention basins, floodways and channels throughout the city;
  • $9.7 million to build emergency facilities and stations in the city and to improve fire training facilities.
    Voters in Chandler approved the biggest bond election in the city's history totaling $153.7 million for capital improvements and construction that include the construction of new aquatic facilities and a new museum for the city.

    Chandler Voters approved:

  • $40.6 million for parks projects that include the building of a landfill recreation area and the construction of new walking trails;
  • $8.5 million to build a new museum in Chandler's Historic Downtown area;
  • $4.6 million for a new fire station and to expand its current fire training facility;
  • $4.4 million for a new police sub-station in Chandler;
  • $59 million for street improvement projects that include new traffic signals, pullouts and bicycle paths;
  • $36.6 million to expand the city's surface water treatment plant from 45 million gallons per day treated, to an output of 65 million gallons per day.

    According to Chandler public information officer Jim Phipps, the city has 20 years to sell the bonds and spend the money.

    "We expect to complete most of our projects within five to six years," he said. "By that time Chandler will be built out."
  •  Click here for more Features >>


     


    Sponsors

    © 2008 The McGraw-Hill Companies, Inc.
    All Rights Reserved