Tucson, Arizona – The Board of Directors for the Tucson Metro Chamber voted to support Proposition 463, Regional Road Construction, Preservation and Repair. Pima County is proposing the sale of $430 million in general obligation bonds and the voters will have a chance to approve the sale of those bonds on the November 6, 2018 general election ballot. The Tucson Metro Chamber has historically supported efforts that direct funds toward the improvement of infrastructure and our roadways.
“Infrastructure is a business issue. Whether it’s a small business needing to deliver a product or service to a customer or a new company looking to expand or relocate to our region, the condition of our roadways is a visible indication of how much, as a community, we are willing to invest in the basic needs of effective commerce,” stated Amber Smith, president & CEO of the Tucson Metro Chamber.
The Tucson Metro Chamber is supportive of the methodology Pima County used to divide the $430 million over ten years into Tucson, Marana, Oro Valley, Sahuarita and the unincorporated areas of our region. These bonds will address the transportation maintenance needs of all areas of our region, regardless of political boundaries. The bonds will also be paid back without the need to increase the current property tax rate and the Bond Advisory and Transportation Advisory Committees will continually review and monitor the expenditures to ensure transparency and consistency with what the voters approved.