Building out this development is a key focus for Phoenix bonds

(Photo via City of Phoenix)

By Audrey Jensen | Phoenix Business Journal

Several major economic development opportunities and jobs could come as a result of the overwhelming support the city of Phoenix received this week from voters for a fresh $500 million in general obligation funds.

All four of Phoenix’s general obligation bond measures were seen as passing by a wide margin as of 6 p.m. on Nov. 8, according to unofficial election results posted by the city. The bonds were pitched to voters as instruments to support public safety, community services, arts, economic development and housing across Phoenix.

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