PV council to vote on new wells
PRESCOTT VALLEY – The Town Council will vote Thursday night on the backing of a bond issue for the PV Water District to raise $4.7 million to drill six new wells. The council will also meet as the Prescott Valley Water District Board of Directors to vote on the same matter.
The project involves a complicated arrangement of property leases and lease-backs between the town and the water district through the Municipal Property Corporation, a board of residents appointed by the council to approve the issuance of bonds. Internal Revenue Service restrictions on the operation of the water district make the complications necessary, Town Manager Tony Mortillaro said.
When operating, the new wells should deliver 3,000 gallons per minute, or more than 4 million gallons of water per day, according to PV Public Works Director Larry Tarkowski. The wells could be operating by spring of 2004, he said.
Also on the meeting agenda:
• Consideration of adopting the Affordable Housing Study town staff prepared with the assistance of the state Department of Housing.
• Approving a $38,000 contract for the design and "construction period services" for a traffic light to go in at the intersection of the Granville development access and Glassford Hill Road.
• A resolution asking the State Land Commissioner to extend the period for protecting the top of Glassford Hill from development.
• Approving 987 housing lots on 240 acres in the Quailwood Meadows housing development, a density of four homes per acre.
• Changing the following street names in Prescott Country Club Unit 6: Rancho Vista Circle to Overlook Drive, Rimrock Circle to Neoga Circle, Buccaneer Circle to Cumberland Court and Robbers Roost to Rustlers Roost.
The public meeting is Thursday night in the Civic Center magistrate courtroom. The water district board meets at 6:45 p.m.; the board adjourns and reconvenes as the Town Council at 7 p.m.