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City of Mesa Public Safety Bonds, Question 1 (November 2013)
This measure authorized the city of Mesa to increase its debt by $51.7 million through issuing general obligation bonds in that amount in order to fund public service capital improvements throughout the city, including acquiring, constructing and improving buildings, fire stations, dispatch centers, purchasing equipment and technology and funding other public service needs of the city. The bond money was designed to go to several projects including a $3.1 million helicopter for the Mesa Police Department and a $16 million communications center for the Mesa Fire Department.
A streets and highways bond issue ballot question, Question 2, was also on the ballot in the November election. This odd-year election was estimated to cost the city $600,000. The city council decided not to put a third project on the ballot, which would have been a Arizona Spring Training Experience, Museum and Community Center, costing about $17 million. Voters may see this measure next year. The council voted 6-0 to put Measure 1 and 2 on the ballot.
- These final, certified results are from the Maricopa County elections office.
Text of measure
|“||Shall Mesa, Arizona, be authorized to issue and sell General Obligation Bonds of the City in the principal amount of $51,700,000 to provide funds to acquire, construct, improve, furnish and equip buildings, which may include but is not limited to, fire stations, fire and medical dispatch/communication centers, support equipment and technology, vehicles, land and interests in land for public safety purposes, and pay all costs thereof; the bonds, and any bonds issued to refund the City’s bonds, may be sold at prices that include premiums not greater than permitted by law; may bear fixed or variable interest not exceeding nine percent (9%) per annum, and may have principal payable not later than 25 years from the date issued?
These bonds will be issued as General Obligation Bonds and the issuance of these bonds will result in a property tax increase sufficient to pay the annual debt service on bonds, unless the governing body provides for payment from other sources. The bonds may be refunded by the issuance of refunding bonds of a weighted average maturity of less than 75% of the weighted average maturity of the bonds being refunded.
The full text of the city council resolution putting this measure on the ballot is available here.
- Mesa City Clerk website, November 5, 2013 special election ballot measures
- East Valley Tribune, "Mesa council approves $130 million bond vote; Spring Training Museum not included," July 9, 2013
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.