Chandler Residents Empowered to Shape City's Future with Bond FinancingChandler City Council has taken a proactive step in engaging its residents to explore the potential use of bond financing to support the city's capital improvement program. The formation of the Resident Bond Exploratory Committee marks a significant milestone in the city's commitment to transparent and inclusive decision-making, ensuring that the community's needs and priorities are at the forefront of the process.

Unlocking Chandler's Potential through Strategic Bond Financing

Resident-Driven Approach to Capital Improvements

The Resident Bond Exploratory Committee, comprising a diverse group of 31 Chandler residents, will play a crucial role in shaping the city's future. This committee will serve as a Steering Committee and four Subcommittees, tasked with reviewing and identifying programs that require financing. The committee's comprehensive evaluation will cover a wide range of areas, including parks and recreation, public safety, public works, facilities, sustainability, and technology programs.By empowering residents to take an active role in this process, Chandler is ensuring that the community's needs and aspirations are at the heart of the decision-making. The committee's recommendations, expected to be submitted to the City Council in 2025, will provide a roadmap for the city's future investments, ensuring that they align with the priorities and values of the people who call Chandler home.

Leveraging Bonds to Modernize Chandler's Infrastructure

Chandler has a long-standing history of utilizing bond financing to fund its capital improvement plan, which accounts for nearly 70% of the city's 10-year strategy. This approach has enabled Chandler to undertake significant projects that have transformed the community, such as the reconstruction of Fire Station No. 2 and the development of amenities at Tumbleweed Park, including the recently opened diamond sports complex and the Tumbleweed Recreation Center expansion with an 18-court pickleball facility.The Resident Bond Exploratory Committee's work will build upon this foundation, exploring new opportunities to modernize Chandler's infrastructure and enhance the quality of life for its residents. By carefully evaluating the use of bond financing, the committee will ensure that the city's investments are strategic, efficient, and aligned with the community's long-term goals.

Ensuring Transparency and Accountability

Chandler's commitment to transparency and accountability is evident in the city's approach to bond financing. As required by Arizona Revised Statute, Chandler must obtain voter authorization before selling General Obligation bonds and using secondary property taxes to fund the interest and principal. This process ensures that the community has a direct say in the city's financial decisions, fostering a sense of ownership and trust.The Resident Bond Exploratory Committee's work will further strengthen this commitment to transparency. By engaging residents in the evaluation and recommendation process, the city is demonstrating its dedication to inclusive governance and empowering the community to shape its own future. This collaborative approach will not only build trust but also ensure that the city's bond financing decisions are well-informed and responsive to the needs of Chandler's diverse population.

Investing in Chandler's Sustainable Future

Chandler's focus on sustainability is a key component of the Resident Bond Exploratory Committee's mandate. As the city explores the use of bond financing, the committee will evaluate opportunities to support programs and initiatives that promote environmental stewardship, energy efficiency, and the long-term resilience of Chandler's infrastructure.By prioritizing sustainability, Chandler is positioning itself as a leader in the region, setting an example for other communities to follow. The committee's recommendations will help the city identify innovative solutions that not only address immediate needs but also lay the foundation for a more sustainable and livable Chandler for generations to come.

Empowering Chandler's Residents to Shape the City's Future

The formation of the Resident Bond Exploratory Committee represents a significant milestone in Chandler's commitment to community engagement and inclusive decision-making. By entrusting residents with the responsibility of evaluating the city's bond financing options, Chandler is demonstrating its belief in the power of the people to shape the future of their community.As the committee's work unfolds, the city's residents will have the opportunity to voice their priorities, concerns, and aspirations, ensuring that the city's investments align with their needs. This collaborative approach will not only foster a sense of ownership and pride among Chandler's residents but also set the stage for a future that is truly reflective of the community's values and vision.