Pinal Supervisors Hear Requests for Capital Improvements and Comprehensive Plan Amendments
County Manager cites favorable bond rates
by Dana Trumbull | The Apache Junction & Gold Canyon News
Capital Improvement Projects Considered
At the Pinal County Board of Supervisors (BOS) work session held May 29, County Manager Greg Stanley briefed the Supervisors on six proposed Capital Improvement Projects for the 2019-20 budget. The new construction and renovation projects, estimated to cost $78 million, would be primarily bond financed, with $8 million coming from other available funds.
“The bond rates right now are such that it would be to our benefit to do this now in a big lump sum and move as quickly as we could,” explained Stanley.
Bonds issued by the county do not need to be approved by voters; however, public notice and hearings are required prior to a vote by the Board of Supervisors.