Rio Nuevo Rescue Mission: Sunday’s Comic

Finchem Applauds Ducey For Signing HB2456, Saving Rio Nuevo “Rescue Mission”

On Friday, Arizona Rep. Mark Finchem praised Governor Doug Ducey for signing HB2456, which extends funding for the Rio Nuevo Multipurpose Facilities District until its scheduled dissolution in 2035.

Finchem claimed in his press release that his bill “prohibits future bonding, authorizes money paid to Rio Nuevo to be used for debt service on existing bonds and contractual obligations, requires proceeds from the sale of property to be used to cover unfunded pension liabilities, and escheats any unsold property to the State Land Trust for the benefit of K12 education funding beneficiaries.

However, the bill reads….

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