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.
