Chandler Council OKs $500 million bond for Intel

Intel’s sprawling Chandler campuses have poured more than $5.5 billion into the regional economy since it began expanding in 1996. / Special to the Tribune / East Valley Tribune

 

By Jason Stone | East Valley Tribune

Intel wants to keep the good times rolling in Chandler.

The City Council is doing its part to help out.

The city last week approved the issuance of Industrial Development Revenue bonds with the computer giant that will give the company access to half a billion dollars in bond money to help with its local expansion and other projects.

“It just shows their commitment to the community that they’re willing to go after a half-a-billion-dollar bond in order to fulfill their project,” Council member Matt Orlando said.

In its 50 years as a company, Intel has spent nearly 40 of them in Arizona. It currently has two plants in Chandler – the Chandler Campus at 5000 W. Chandler Blvd. and the Ocotillo Campus at 4500 S. Dobson Road.

READ ON:

Share this!

Additional Articles

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
February 2019
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728