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NE Valley Times

Wednesday, November 27, 2024

Updated: City seeks one appointee to serve simultaneously on two city boards

**The deadline to apply has been extended to Friday, Dec. 30, 2022.

The successful applicant will be a voting member of the Municipal Property Corporation and Scottsdale Preserve Authority boards. He/she will assist the city in evaluating opportunities for bonds to be issued by the corporations. The person selected also will advise on refinancing long-term debt. 

Bonds fund various city projects.

The Municipal Property Corporation, incorporated as a nonprofit in January 1967, was formed to assist the city in acquiring land, and in constructing and making improvements. The corporation issues and sells its bonds to finance the acquisition of land and the construction of improvements. 

The Scottsdale Preserve Authority, incorporated as nonprofit in January 1997, The Scottsdale Preserve Authority Board of Directors was established to assist the City in providing for financing of land acquisitions through the issuance by the Authority of its bonds.

Link to more information and the application (pdf). Scroll to page 3 to fill out the application. 

Original source can be found here.

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