[{"_1":2,"_98":-5,"_99":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,74,86],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},"mediaId",6222227,"mediaKeyId","3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b","parentId",3610529,"title","Committee unanimously approves $153,421 transfer from one Question 2 solar project to another","audioSeconds",0,"startMs",1530000,"endMs","viewUrl","/Search/View?dp=1&key=3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b&start=1530&end=1530","thumbnailUrl","https://assets.pipeline.soar.com/3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b/thumbnail_1530000.jpg","articleUrl","/articles/6222227/Scottsdale/Maricopa-County/Arizona/Committee-unanimously-approves-153421-transfer-from-one-Question-2-solar-project-to-another","mediaUrl","https://secure.pipeline.soar.com/6222227-23c8e151220db94dc5fc4e3702d7e417/orig.mp4?Expires=1771074082&Signature=aWUZ2eqpV1T7~A3BmG0pruCk7xAdvyDtmqngUrFu5rRhPEehqyZRZr4BX3~kXfp2ehxkExCkc5WQDoV-iASdgNPhd4fP7sHX2I71GNI-TB9zdWkeNDCV2bCPpaK9aV6s4BgTBZ~6N2tlyd0hWttd5NNmF1sPZ~6UJA597LAjdagOP7MizZoVvKKfoZg0l4BU8xzgJYPqAwJl7LFSGB~FM1cuuhKtwGE2216n7Y0TQwvKFL64NsOuO202ALMrjiElkukThDkN4W2awMBGVDMV1-ct~8JceV~KIcqvxVH3elwbBab~c7llpKLYbBwVgtt963aVE5e~LllHzx~GACTepw__&Key-Pair-Id=KUT5TJCACFTXG","author","City of Scottsdale, AZ","date","2025-05-30T12:37:25Z","article","The Citizens Bond Oversight Committee voted unanimously on May 29 to transfer up to $153,421 in bond 2019 fund savings from Question 2 Project 57 to Question 2 Project 59.

Committee member Fisher moved the transfer and Committee member Holland seconded. Vice Chair Coughlin called the vote; committee members voted aye and the motion passed unanimously.

Staff recommended the transfer of savings from Project 57 (install solar systems at North Corporation campus) to Project 59 (install solar systems at the Civic Center campus). Allison (city engineer) said the recommended transfer was driven by timing and inflation since the project's original estimate, not a change in scope.

Committee member Komisoo asked whether tariffs on solar panels might increase project costs in the future; Allison acknowledged that tariffs could have an impact. Committee member Davis asked whether staff had calculated payback periods for the Civic Center solar project; Allison said she did not have that information at the meeting but would provide it.

Committee member Herr asked whether legal restrictions prevented transfers; Allison said the only restriction is that transfers must remain within the same bond question.

The transfer motion text: \"Transfer up to $153,421 in bond 2019 fund savings from Question 2 Project 57 to Question 2 Project 59.\" The record shows the motion was approved by unanimous vote.","mediaType","Video","parentTitle","Citizen’s Bond Oversight Committee - May 29, 2025","oneSentenceSummary","The Citizens Bond Oversight Committee voted unanimously on May 29 to transfer up to $153,421 in bond savings from Question 2 Project 57 (solar at North Corporation campus) to Question 2 Project 59 (solar at Civic Center campus). The motion was made by Committee member Fisher and seconded by Committee member Holland.","taxTitle","Scottsdale, Maricopa County, Arizona","taxId",2563,"location","headline","","shortSummary",{"_33":75,"_35":36,"_37":38,"_39":76,"_41":77,"_43":78,"_45":79,"_46":80,"_48":81,"_50":82,"_52":83,"_54":55,"_56":57,"_58":84,"_60":61,"_62":63,"_64":85,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6222232,"Scottsdale issues Series 2025 bonds, reaffirms triple‑A ratings; $79 million authority remains",350,1164000,1514000,"/Search/View?dp=1&key=3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b&start=1164&end=1514","https://assets.pipeline.soar.com/3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b/thumbnail_1164000.jpg","/articles/6222232/Scottsdale/Maricopa-County/Arizona/Scottsdale-issues-Series-2025-bonds-reaffirms-tripleA-ratings-79-million-authority-remains","https://secure.pipeline.soar.com/6222232-cce36fff04e2422e48b7ab77249b540c/orig.mp4?Expires=1771074082&Signature=A7ui8tR-iGKQoSMhEHwZIE3xCH4A--xwC3e555rodw80gmsmwD6JQkTLPGzViUvDWMWIoc8yOQb8L1mNkxzJ2B6qkdQbET2sUuYI1vhp0oFhZSqCyrhJsKfYr03pLW6Zj5PAyIdyD8hGP4Sh8q0xQYg7FpU0cBvC9kqql3uQLhy7MGEr1KtVUg26iH5LIG~~y8YN9SYKZdnAQbQ4q-sFyAxCCxJsiMlaCFwjJaES9qUh6EKdfFY9eEbXThDLWghJEbvtvCCZt5fv5myHN7jJSOamoxa83F6Dgk95njk831dwla1y6l0j3XSx~S4CT49A4l6wAm4NXd~QgzIbni15dw__&Key-Pair-Id=KUT5TJCACFTXG","Budget director Scott Saline told the Citizens Bond Oversight Committee on May 29 that the city’s bond sale on May 20 was well received and that Moody’s and S&P reaffirmed Scottsdale’s triple‑A ratings.

Saline said the approved 2019 bond program totals $319 million across three questions and that, with the Series 2025 sale, the city has issued $240 million of that authorization, leaving about $79 million available for future issuance. He said the sale drew 10 bids and the lowest true interest cost (TIC) was 3.968%.

\"The bonds were well received by the market due to our credit quality and name recognition,\" Saline said. He noted the city’s reserve policies, conservative budgeting and strong sales tax growth as factors cited by rating agencies in reaffirming the triple‑A ratings.

During follow‑up, Erica Coombs, division finance manager, confirmed the sale was conducted on a scheduled day and time and that the bids were received on the morning of May 20. In response to a committee question about whether the rating was insured, Coombs said, \"It's a natural triple A,\" and confirmed that the city pays rating agencies to perform the due diligence and issue the rating.

Saline also reviewed prior issuances: $55 million used in 2021 and $77.8 million in 2023, and he said the city anticipates additional issuance planned for fiscal years 2026–27 to use the remaining voter authorization. He reminded the committee Scottsdale remains a triple‑A rated community.","Budget director Scott Saline reported to the Citizens Bond Oversight Committee on May 29 that the city competitively sold Series 2025 bonds, received 10 bids with a true interest cost of 3.968% and now has issued $240 million of the $319 million authorized under the 2019 bond program, leaving roughly $79 million in future authority.",{"_33":87,"_35":36,"_37":38,"_39":88,"_41":89,"_43":90,"_45":91,"_46":92,"_48":93,"_50":94,"_52":95,"_54":55,"_56":57,"_58":96,"_60":61,"_62":63,"_64":97,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6222237,"Citizens Bond Oversight Committee hears status updates on 2019 bond projects across parks, solar and public safety",801,184000,985000,"/Search/View?dp=1&key=3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b&start=184&end=985","https://assets.pipeline.soar.com/3610529-e9b46cfe9bafdb4bee7ca2dc0b996d5b/thumbnail_184000.jpg","/articles/6222237/Scottsdale/Maricopa-County/Arizona/Citizens-Bond-Oversight-Committee-hears-status-updates-on-2019-bond-projects-across-parks-solar-and-public-safety","https://secure.pipeline.soar.com/6222237-b814a39bf1e16534eafe6a03e5218720/orig.mp4?Expires=1771074082&Signature=U3Ti0ZuDGpRMV1xWd0OSFV9smzE25eu683czLgBqxriHXfqqtog2eICqjjXDZYuK3fMKSQ66RMHsih-AeuqLl8gf2Qb0anOxEycGHfyWN9Vtca9UB~3nz-N1Kp3ivY0vsn05SB3-IwKhxru1RAQu~K58hX8VFSoLBXQ8dYRQm7TWxb0dQaYMvFU5lQmSiVJFeZ5a4gvIfnumNQvziOGhE2le2OWIENl3oRKefLwX0zbhiqJQYHt6TPJ5T5280XLWeBi6ns~wu~-Ltk2AwzGdJyct~ilSo6thVwSODLCl80NvzPQFJqsjIHPBgRXuQ~Ga34JGDSArhaN-WootL5pkxg__&Key-Pair-Id=KUT5TJCACFTXG","City engineer Lisonbee Timkew told the City of Scottsdale Citizens Bond Oversight Committee on May 29 that multiple 2019 bond projects are under construction, in design or being re‑evaluated for feasibility and timing.

Timkew said the McCormick‑Stillman Railroad Park splash pad and Roundhouse work are under construction and the splash pad is on track for completion in June. She said the Granite Reef Senior Center expansion to support adult day care has been moved to fiscal years 2026–27 pending additional feasibility work. \"We're gonna be doing some additional investigation in this and that's why the funding is being moved to a future fiscal year,\" she said.

The committee heard that the Via Linda Senior Center expansion design recently kicked off and that the El Dorado Pool solar‑heating concept is under evaluation with the city's design‑build manager. A dog park at Thompson Peak Park is tentatively slated for construction this summer. Timkew said a 17‑acre park at Asher Hills Drive opened in February and is now in closeout.

On Question 2, Timkew said the proposed 200‑space parking lot to serve city court and Scottsdale Stadium has been delayed and staff are targeting spring 2026 construction to avoid conflicting with spring‑training activity. The Second Street pedestrian and roadway improvements project has been reinitiated at a narrower scope focused on pedestrian upgrades. She said the Old Town parking structure proposal at Second and Brown held its first public meeting May 22.

For Question 3, Timkew reported that the final phase to modernize computer equipment room HVAC systems is in permit review and that 9‑1‑1 computer‑aided dispatch and records management system work is on final punch lists and expected to close in June. A new fire station near Hayden Road and Loop 101 is under construction and expected to be completed in summer 2025. The police and fire training facility recently held a grand opening on May 27, and the fire training facility opened in January.

Timkew also reminded the committee that project 12, to update a city digital terrain model, was eliminated after the U.S. Geological Survey provided the needed data. She closed by saying staff will continue concept work on projects that depend on Arizona State Land acquisitions and will report back as concepts and schedules firm up.

Less critical details discussed included several ongoing closeouts (sports‑field and irrigation equipment), planned solar shade and solar system work at City Hall and Civic Center campus, and that a number of completed projects will be removed from future tracking lists.","City engineer Lisonbee Timkew updated the Citizens Bond Oversight Committee on May 29 on progress, schedule changes and outstanding issues for Question 1 (parks and senior services), Question 2 (community spaces and infrastructure) and Question 3 (public safety and technology) projects funded by the voter‑authorized 2019 bond program.","actionData","errors"]

Article not found

Committee unanimously approves $153,421 transfer from one Question 2 solar project to another

Scottsdale issues Series 2025 bonds, reaffirms triple‑A ratings; $79 million authority remains

Citizens Bond Oversight Committee hears status updates on 2019 bond projects across parks, solar and public safety