The Queen Creek Town Council is set to take several money votes Wednesday that look ahead to the town's next bond sale, including a resolution allowing it to repay itself from future bonds for up to $277.8 million in capital spending.
All of the items are on the Oct. 7 consent agenda, which the council approves with a single vote unless a member pulls an item for discussion.
A 2027 bond sale
According to the finance staff report, the town's capital plan anticipates selling about $140 million in bonds in 2027 for roads ($74 million), new fire facilities ($22 million), an addition to the fleet maintenance facility and other projects ($42 million).
Staff also expects to sell about $139 million in utility bonds, including $100 million for a water treatment facility now in the programming phase and $39 million for other water projects.
Because work on some of those projects has already started, Resolution 1680-26 would declare the town's intent to reimburse those costs once bonds are sold, a formal step the town must take before it can repay itself from bond proceeds.
Staff wrote that the resolution does not authorize any debt, that not every listed project will necessarily be bond-financed, and that the council would have to approve the actual sale later. The sale is expected in late spring 2027.
Hawes Road widening
A separate item would sign a project agreement with the Maricopa Association of Governments for Hawes Road between Rittenhouse Road and Jude Drive. The project would widen the road to two lanes each way with a center turn lane, bike lanes and sidewalks, add drainage channels and basins, and replace the temporary signal at Hawes and Queen Creek roads with a multilane roundabout.
The project is estimated at $19.37 million. The agreement would let the town seek up to about $13.98 million from the regional half-cent transportation sales tax Maricopa County voters extended in November 2024. The town's share, at least 30%, would come from transportation development fees and dedicated construction sales taxes.
Other items
- Budget carry-forward: $106.3 million in spending authority would move from contingency to projects and purchases that were approved last year but not finished, $96.1 million of it for infrastructure. Staff says the move does not raise the 2026-27 budget.
- Sierra Vista waterline: Resolution 1684-26 would authorize the town to acquire a waterline easement along Sierra Vista Drive and Hashknife Draw Road "through gift or purchase or eminent domain" for a 12-inch water main. The report says the project uses federal ARPA money that must be spent by the end of October.
Later in the meeting, the council is scheduled to hold a public hearing on a 150-unit rental community near Germann and Power roads and to hear presentations on water, wastewater and solid waste rates and on the SR-24/202 transition. The meeting begins at 6:30 p.m. in the Community Chambers, 20727 E. Civic Parkway.
Sources
queencreekaz.granicus.com
d3n9y02raazwpg.cloudfront.net
