By Mark Cowling | Pinal Central
FLORENCE — Pinal County officials are planning to raise $126.5 million to buy land for economic development through the sale of taxable revenue bonds.
The Board of Supervisors held a public hearing Wednesday without specifying either the location or the industrial prospect, which are not yet public under the terms of a non-disclosure agreement.
The board took no action on May 18 but is tentatively expected to consider a resolution to sell bonds on June 22. By then, the development agreement, business plan, “who it is (and) what they’re doing” will be made public, Pinal County Manager Leo Lew said.
