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Mesa City Council Plans To Sell $43.7M In Bonds

The Mesa City Council is planning a pair of municipal bond sales this summer.

The city plans to sell bonds worth $43.7 million to fund utility improvements and other projects.

A utility revenue bond will improve the city’s water, electric and natural gas systems. Remaining money will help convert garbage trucks to run on compressed natural gas, instead of diesel fuel.

The general obligation bond sale will fund renovations to Pioneer Park and improvements at Fiesta Sports Park and the west Mesa connector, a bike and pedestrian path expected to run from Center Street to Dobson Road.

Bids for the bonds are due in mid-May with the bond sale to be completed by early June.

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Dennis Lambert was a morning host at KJZZ.