A City of Mesa Street and Highway Bonds, Question 2 ballot question was on the November 5, 2013, election ballot in Maricopa County, which is in Arizona. It was approved.
This measure authorized the city of Mesa to increase its debt by $79.1 million through issuing general obligation bonds in that amount in order to fund street repairs and upgrades in downtown Mesa in areas such as the Fiesta Mall and near the Phoenix-Mesa Gateway Airport. The projects include adding bike lanes along Mesa Drive between 8th Ave. and Main St.
In November 2012, Mesa voters approved a city parks bond issue, in the amount of $65 million, and a city school bond issue, in the amount of $230 million.
A public safety bond issue ballot question, Question 1, 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.
| Question 2|
| Yes|| 26,304|| 56.83%|
- These final, certified results are from the Maricopa County elections office.
Text of measure
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|| Shall Mesa, Arizona, be authorized to issue and sell General Obligation Bonds of the City in the principal amount of $79,100,000 to provide funds to plan, design, acquire, construct, reconstruct and improve the City’s streets, highways, bridges, street lights, pedestrian improvements, multi-use path and trail improvements, other vehicular and multi-modal transportation improvements, and acquire land and interests in land therefor, 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.