The information below was taken from an article that previously appeared on LOVE.Last chance to have your voice heard on the $28 million dollar Naranja Park Bond
If you are planning to vote in person on Tuesday on the $17 million dollar Naranja Park Bond (that will end up costing Oro Valley homeowners a total of $28 million), please keep the previous grossly oversold misadventures of the Town of Oro Valley in mind:
A LEGACY OF FAILURE
Oro Valley Marketplace ~ Cost to Taxpayers
$23.2 million in sales tax revenue “shared” with developer Vestar for Oro Valley Marketplace for what was promised to be an upscale and unique mall but turned out to be a discount chain store mall with a 47% vacancy rate.
Community Center and Golf Courses ~ Cost to Taxpayers
$1 million to purchase the Community Center and Golf Courses from developer HSL
$1.2 million transferred from the General Fund Contingency to the Community Center Fund
$350,000 transferred from the General Fund into the Community Center Fund
$4.3 million in sales tax revenues since 2015 directed to the Community Center Fund
$50,000 to hire consultants to make recommendations to improve town-owned golf and restaurant operations
Total Cost: $30 million dollars
Expect the Naranja Park Bond to be another grossly oversold misadventure. We hope that Oro Valley voters will be smart enough to not get fooled again by all of the pie-in-the-sky claims of those who stand to gain from taking YOUR money.
