Monday, May 14, 2018

Town Council to vote on Community Center bond issue at Wednesday’s Council Meeting

At this Wednesday’s Town Council meeting (6 PM in Town Council chambers), Agenda Item #4 pertains to the Adoption of the Tentative Budget for FY 2018/19 (which begins on July 1st).

Part of this budget includes a $6 million dollar bond for Community Center and Golf Course improvements to be utilized as follows:


• $3.8 MM will be used to replace the aging and leaking golf course water lines
• $2.2 MM will be used to remodel the outdated Community Center

More information can be found in the attached article from Sunday’s Arizona Daily Star, including how the Town Manager and Town Finance Director propose that we repay this 20-year bond.

Read the AZ Star article HERE