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November 5, 2013 Ballot Language

FOR SPECIAL BOND ELECTION IN AND FOR THE CITY OF SCOTTSDALE, ARIZONA ON NOVEMBER 5, 2013.

 

General Provisions for all Bond Questions

 

The following provisions apply to all bonds to be voted on.  Specific information for the authorized purposes is set out in the questions.

  • In addition to each specific authorized purpose, bond proceeds may be used to pay for bond insurance or other credit support for the bonds, all legal, accounting, financial, architectural, design, engineering and construction management costs, if applicable, any required public art contribution and all other costs incurred in connection with the issuance of the bonds and the purposes set forth in each question. The City may contract for letters of credit, surety bonds, lines of credit or other credit or liquidity support in connection with any one or more series of bonds.
  • The bonds may be issued in one or more series.
  • The bonds may be issued in the denomination of $5,000 each or multiples thereof.
  • Interest rates may be fixed or variable but shall not exceed ten percent (10%) per annum.  Interest may be evidenced by separate certificates and will be paid on July 1 and January 1 or more frequently.
  • 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.  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.
  • Bonds will mature over a period not to exceed twenty-five (25) years from their date of issuance.
  • Bonds will mature on the days of each year determined by the Mayor and Council.

THE VOTER MAY VOTE “FOR THE BONDS” OR “AGAINST THE BONDS” ON EACH SEPARATE BOND QUESTION.


Question 1

 

PURPOSE:  PARKS; LIBRARIES AND COMMUNITY FACILITIES

AMOUNT:  $50,400,000

 

Shall the City of Scottsdale be authorized to issue and sell not exceeding $50,400,000 principal amount of its bonds to provide funds to design, acquire, construct, reconstruct, improve, furnish and equip the following parks, libraries and community facilities projects:  Integrated Financial, Human Resources and Purchasing System; Pinnacle Peak Park Improvements; Vista del Camino Park/Indian Bend Wash Renovation; Aquatics Chemical System Replacement; Expansion of Via Linda and Granite Reef Senior Centers; Ballfield Lighting System Replacement; Civic Center Library Improvements; Civic Center West Entry Improvements; Paiute Community Center Renovations; and Scottsdale Center for the Performing Arts Renovations?

 

Payment of Bonds:  The issuance of these bonds will result in a property tax increase sufficient to pay annual debt service on the bonds.  

 

FOR THE BONDS

 

AGAINST THE BONDS

 


Question 2

 

PURPOSE:  PUBLIC SAFETY

AMOUNT:  $43,700,000

 

Shall the City of Scottsdale be authorized to issue and sell not exceeding $43,700,000 principal amount of its bonds to provide funds to design,  acquire, construct, reconstruct, improve, furnish and equip the following public safety projects:  Radio System Upgrade; Police Civic Center Jail Consolidation; Electronic Storage System Replacement; Improve and Upgrade Existing Fire Stations; Police Civic Center Station Expansion; Desert Foothills Fire Station; Fire Training Facility Expansion; Public Safety Via Linda Facility Expansion; Desert Mountain Fire Station; and Purchase Land for Fire Station?

 

Payment of Bonds:  The issuance of these bonds will result in a property tax increase sufficient to pay annual debt service on the bonds. 

 

FOR THE BONDS

AGAINST THE BONDS


Question 3

 

PURPOSE:  NEIGHBORHOOD FLOOD CONTROL

AMOUNT:  $19,000,000

 

Shall the City of Scottsdale be authorized to issue and sell not exceeding $19,000,000 principal amount of its bonds to provide funds to design, acquire, construct, reconstruct, and improve the following neighborhood flood protection and storm sewer projects:  Granite Reef Watershed Improvements; Neighborhood Stormwater Improvements; Loop 101 Detention Basin; Loop 101 Detention Basin Outfall; and Indian Bend Road/Lincoln Drive Flood Hazard Mitigation Improvements?

 

Payment of Bonds:  The issuance of these bonds will result in a property tax increase sufficient to pay annual debt service on the bonds.  

 

FOR THE BONDS

AGAINST THE BONDS


Question 4

 

PURPOSE:  TRANSPORTATION, STREETS AND TRAILS

AMOUNT:  $99,000,000

 

Shall the City of Scottsdale be authorized to issue and sell not exceeding $99,000,000 principal amount of its bonds to provide funds to plan, design, acquire, construct, reconstruct, and improve the following transportation, street and trail projects:  Traffic Signal Controller Cabinet Upgrade and Replacement; Bridge Safety Upgrades and Rehabilitation Project; Northeast Downtown Public Parking Structure; Accessible Curb Ramps – ADA Compliance; Hayden Road Intersections at Chaparral and Camelback Roads; Loop 101 Signalized Intersection Upgrades; Downtown Pedestrian Improvements; Pavement Replacement; Loop 101 Access Improvements; Airpark Roadway Circulation; Indian Bend/West World Trail and Path Connections; Scottsdale Road Utility Relocation and Streetscape; Street Operations Maintenance Building; and Citywide Trails Implementation?

 

Payment of Bonds:  The issuance of these bonds will result in a property tax increase sufficient to pay annual debt service on the bonds. 

 

FOR THE BONDS

AGAINST THE BONDS


Question 5

 

PROPOSED POTABLE WATER UTILITY DISTRIBUTION FRANCHISE

 

Shall a Franchise be granted to EPCOR Water Arizona Inc. and Chaparral City Water Company to maintain and operate a potable water distribution system in the City of Scottsdale and future additions thereto, in accordance with the Agreement submitted by the Mayor and City Council of the City of Scottsdale, Arizona, to the qualified electors of said City?

 

A “for the franchise” vote shall have the effect of granting a Franchise to EPCOR Water Arizona Inc. and Chaparral City Water Company.

 

An “against the franchise” vote shall have the effect of denying the Franchise to EPCOR Water Arizona Inc. and Chaparral City Water Company. 

  

FOR THE FRANCHISE

AGAINST THE FRANCHISE