Arizona Community Colleges Hit Market With $190 Million

Watts, Jim
February 2005
Bond Buyer;2/22/2005, Vol. 351 Issue 32075, p1
Trade Publication
The article reports that Maricopa County Community College (MCCC) in Arizona will go to market today with a competitive sale of $190.3 million of general obligation bonds, the first offering to be sold from a $951.4 million GO authorization approved by voters in November 2004. The largest community college district in the country, MCCC operates 10 colleges and 17 campuses in the rapidly growing Phoenix area. The proceeds from the bonds will be used for a variety of capital improvements, including adding classroom space, acquiring computers and related technology, expanding libraries, remodeling aging and obsolete campus facilities, and purchasing land.


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