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Shall the Maricopa Community Colleges, including:
- Chandler-Gilbert Community College
- Estrella Mountain Community College
- GateWay Community College
- Glendale Community College
- Mesa Community College
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- Paradise Valley Community College
- Phoenix College
- Rio Salado College
- Scottsdale Community College
- South Mountain Community College,
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be authorized to issue and sell general obligation bonds in the principal amount of $951,359,000 to provide education and job training and to meet the needs of current and future community college students through the following improvements on or adjacent to existing campuses and skill and education centers and on additional land to be acquired as described below:
- Improving computer, educational and institutional technologies;
- Improving safety and security at all campuses and educational centers;
- Constructing new or acquiring existing buildings;
- Constructing additions and improvements or remodeling and modernizing buildings;
- Equipping and furnishing buildings;
- Removing old buildings when necessary;
- Purchasing or leasing land within the following areas:
- within a one mile radius of downtown and mid-town Phoenix;
- in Mesa bounded by Country Club Drive, Horne, University Drive and Broadway Road;
- in Tempe or Phoenix bounded by the Salt River, Baseline Rd, 32 nd Street and Mill Avenue;
- in southwestern Maricopa County bounded by El Mirage Road, Northern Avenue alignment, the county line and Sun Valley Parkway alignment;
- in northwestern Maricopa County bounded by Bethany Home Road, 75 th Avenue., Highway 74 and the Sun Valley Parkway alignment;
- in the Ahwatukee area bounded by South Mountain, the I-10 Freeway, the Riggs Road alignment and 51 st Avenue;
- in southwest Phoenix/Laveen area bounded by the I-10 Freeway, South Mountain and the Gila River Indian Community boundary, 27 th Avenue and El Mirage Road.;
- four small sites in Maricopa County to serve as testing and disaster recovery locations;
- Completing on-site and off-site improvements;
- Constructing additional or improving existing parking facilities;
- Installing new and upgrading existing utilities;
- Installing new, upgrading or increasing central plant equipment capacity and efficiency;
and to pay all legal, financial and other costs in connection with the foregoing; the bonds to bear interest at a rate not to exceed 12% per annum, to run for a period of not to exceed 20 years from their date and to be sold at prices which may include a premium not greater than that permitted by law? |
