Committee advances bill modernizing Pinal County water augmentation authority's bonding tools
House Bill 2098, sponsored by Rep. Gail Griffin, would modernize revenue-bonding authority for County Water Augmentation Authorities to improve financing terms for future augmentation projects; Pinal County representatives said the changes would prepare the region for augmentation opportunities.
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Representative Gail Griffin introduced House Bill 2098 on behalf of Pinal County. Cheyenne Walsh, representing the Pinal County Water Augmentation Authority (PICWA), told the committee the bill modernizes PICWA's revenue-bonding authority, basing changes on existing GADA and WIFA models to secure financing on favorable terms for future augmentation projects in the Pinal Active Management Area.
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