Design work and some land acquisition deals can commence on several of the Decide Surprise General Obligation Bond Projects, following City Council’s action Tuesday night.
City Council approved the authorization for staff to spend $5,058,800 to begin design work and land purchases for Fire Stations 304 and 308; design improvements to sections of Waddell, Greenway and Litchfield roads; design and build out of the Public Works Operations Facility; and pavement preservation.
Voters of Surprise approved six public safety projects, three traffic congestion mitigation projects, and pavement preservation in the November 7, 2017 General Obligation Bond Election.
Bonds will be sold to finance the construction of these projects in two separate sales- May 2018 and summer 2020. The principal and interest of the bonds will be repaid through a secondary property tax. The property tax will be adopted as part of the annual budget process. The city will begin saving for the ongoing operational costs of these projects in FY2019. At the end of five years, the city will have sufficient funds to operate and maintain the new facilities and infrastructure.
To learn more about the projects, building timelines and procurement schedule visit www.surpriseaz.gov/decidesurprise.