TITLE

Housing Boom Around Arizona Base Brings Rebuke From Sen. McCain

AUTHOR(S)
Williamson, Richard
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/29/2003, Vol. 344 Issue 31645, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
U.S. Senator John McCain publicly rebuked Surprise Mayor Joan Schafer, a Navy veteran like McCain, for allowing new residential growth near the Luke Air Force Base in Phoenix, Arizona. McCain threatened to take legal action to stop housing construction, which is a factor considered in the evaluation of a base for closure because such development can preclude flight paths in the area. As one of Arizona's largest employers, Luke adds 1.4 billion dollar per year to the state's economy. Arizona's five major bases and installations, including Luke, Davis-Monthan Air Force Base, Yuma Marine Corps Air Station, Yuma Proving Ground, and Fort Huachuca contribute 4 billion dollar per year to the state's economy. While base closures generate economic development on the base sites, with bond issues financing new construction, the current state of the economy is adding urgency to base preservation.
ACCESSION #
9986345

 

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