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Cave Creek board approves financing plan to replace Cactus Shadows stadium turf
Summary
The board approved a resolution and related contract documents to replace the turf at Cactus Shadows stadium using a five-year government-obligation financing arrangement; estimated cost about $760,952 with roughly $173,000 annual payments.
The Cave Creek Unified School District governing board approved a resolution authorizing a multiyear contract and moved to approve related government-obligation financing documents to replace the turf at Cactus Shadows stadium.
Superintendent Dolezal said the district’s current turf has reached its projected life span: “life expectancy of our current turf field is 10 years. We are currently in year 10 of 10.” He told the board the district began exploratory work years earlier and had sought sponsorships and grants without success.
Dr. Pletnick, a district cabinet member who discussed financing, told the board the vendor had offered to…
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