29th June
2009
From today’s Star - 
Did You Know Through the end of May, Rio Nuevo has spent nearly $118 million redeveloping Downtown. The city has only $25 million left from its $78 million bond sale last December, and $17 million of that is legally obligated through contracts, leaving only $8 million to spend.
Did You Know Through the end of May, Rio Nuevo has spent nearly $118 million redeveloping Downtown. The city has only $25 million left from its $78 million bond sale last December, and $17 million of that is legally obligated through contracts, leaving only $8 million to spend.Leave a comment if you can help me piece together where this $118+ went?
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Believe it or not, the city has finally put their accounting of Rio Nuevo revenues and expenses on their website, which I’ve linked below:
http://www.tucsonaz.gov/rionuevo/docs/RNExpenses.pdf
If you want more detail than this two-page report, you’ll probably need to contact Jessie Sanders at City Hall, who I believe has been named Rio Nuevo project coordinator (at least for now).