GO Bonds are a way cities finance civic capital needs and improvements. GO Bonds are sold to investors who are repaid with interest. The repayment comes from a secondary property tax, which Surprise does not currently have.
A utility revenue bond, also known as an essential service bond. BREAKING DOWN ‘Utility Revenue Bond‘. A utility revenue bond is used to fund capital projects in areas considered essential to public services including hospitals, fire service, water and waste
A utility revenue bond enjoys no such open-ended pledge, making the legal edifice of the bond critical to bondholder security. Most commonly, the legal security for municipal utility revenue bonds is a lien on the net revenues of the system. Occasionally, bondholders enjoy a lien on the gross revenues of a
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date, termed the maturity date.
Also, a nonprofit corporation cannot be sold. It is simply not possible. If a nonprofit corporation were to “close down”, or dissolve, the board of directors of the nonprofit must distribute all of the nonprofit’s assets to another nonprofit corporation after all debts have been settled. …
There was no discussion about this item in the council chambers, they the council members voted on this after returning from their executive session.
March 5, 2019 City Council Meeting # 14. Citywide Consideration and action pertaining to approval of the Settlement Agreement for Stipulated Condemnation By and Between Circle City Water Company, L.L.C. and City of Surprise
To protect the public. a. To avoid decision-making in secret. b. To promote accountability by encouraging public officials to act responsively and responsibly. 2. To protect public officials. a. To avoid being excluded (notice). b. To prepare and avoid being blind sided (agenda). c. To accurately memorialize what happened (minutes). 3. Maintain Integrity of government. 4. Better informed citizenry. 5. Build trust between government and citizenry.
What constitutes a meeting?
A meeting is a gathering, in person or through technological devices of a quorum of a public body at which they discuss, propose or take legal action, including deliberations. A.R.S. § 38-431(4). This includes telephone and e-mail communications.
Who must comply with Open Meeting Law?
Public bodies. “Public body” means the legislature, all boards and commissions of this state or political subdivisions, all multimember governing bodies of departments, agencies, institutions and instrumentalities of the state or political subdivisions, including without limitation all corporations and other instrumentalities whose boards of directors are appointed or elected by the state or political subdivision. Public body includes all quasi-judicial bodies and all standing, special or advisory committees or subcommittees of, or appointed by, the public body. A.R.S. § 38-431(6).
When MLB players head home after a spring training game, most disperse to rental houses and hotel rooms across the Phoenix area.
Players for one team may soon be able to drive their golf carts across the street to a place many of them can call home.
The Texas Rangers are planning to build a housing and training complex across the street from its spring training stadium in Surprise. The team still needs to get the final go-ahead from the city for its plan.
If the plan comes to fruition, this might make the Rangers the only MLB team of the 15 Cactus League teams that train in the Valley to build and own the housing where its players live
Figure 1: Preferred Methods of Resident Engagement Residents can engage with local government in many ways (a few examples are: staying informed via the city website, newsletters or engaging with the city’s social media; communicati ng with staff or councilmembers; attending or watching council meetings ; or participating in or volunteering for community events and committees ) . Other Local media (newspaper, TV, etc.) Local magazines (e.g. Progress Magazine) Direct contact with City officials Email Public meetings or events Volunteering Newsletters City website Social media