2025 General Obligation Bond Election

On April 22, 2025, the District Board of the District unanimously passed and adopted a resolution calling a special bond election (the “Election”) to authorize the issuance and sale of not to exceed $15,500,000 principal amount of ad valorem tax bonds of the District (the “Bonds”) and related matters.  A copy of such resolution is attached below. 

The District has placed a bond issue on the ballot to provide funding for the replacement of failing radio communication systems, ensuring reliable and modern technology to support effective emergency response throughout the District. It will also allow for the construction of a permanent fire station in Clarkdale (Station 36), providing a long-term solution to meet the growing service demands of that community. Additionally, the bond will support much-needed renovations at Verde Village Station 31 and Cornville Station 32, bringing both facilities up to current safety, accessibility, and operational standards. The funding will also be used to improve firefighter safety and security, ensuring that our personnel have the facilities and resources necessary to protect the public and return home safely after every call.

If the bond question is approved by the voters, the bonds will be issued and sold periodically. Present and future residents’ property taxes will be used to repay the bonds over a period of time, usually 20 years, in the same manner that homeowners pay off a home mortgage over time. The bonds will be issued when funds are needed for a specific project or purpose, in the actual amount needed for such specific project or purpose, but the total amount of bonds issued may not exceed the amount approved by voters; in this case, $15,500,000.  Money received from the issuance and sale of the bonds may only be used for the purposes specified in the bond question.  Some of the costs may be paid from other District sources, including State and Federal grants.