Mesa considers $580M infrastructure bond election

First Mesa Commerce Park construction
First Mesa Commerce Park construction

By Eric Jay Toll for Arizona Builder’s Exchange

Mesa City Council will consider asking voters to invest $580M into its utility system. The long-term investment will put nearly two-thirds of the bonds, $361M, into meeting customer and contractual demand and system growth. All of the projects are for the city’s utilities—water, wastewater, natural gas and electricity.

The focus of the infrastructure investment is to upgrade aging systems and accommodate job growth and future customer demand. The bonds fall into three project categories: life cycle replacement; system reinforcement; and infill and new development meeting demand. Over $90M will be invested into improving system reliability and the balance ($127M) goes towards lifecycle upgrades and capital equipment replacement.

Continued:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories