Post by Logan on Feb 16, 2016 0:33:35 GMT -6
A $15 million financing plan for a near-space travel firm will be discussed Tuesday by the Pima County Board of Supervisors.
Last month, the board approved a plan to build a 120,000-square foot facility and space port on a county-owned 28-acre parcel south of Tucson International Airport.
“The World View COPs investment is an investment in our region’s economic future; something that has proven to be economically beneficial to the County, based on our investments in Ventana Medical Systems, HomeGoods, Accelerate Diagnostics, and a number of economic development job-creating opportunities,” Pima County Administrator Chuck Huckelberry wrote in a memo to supervisors.
The term COPs refers to Certificates of Participation, which is the financial instrument the county proposes using to fund construction costs.
Read more: tucson.com/business/local/supervisors-to-discuss-m-spaceport-finance-plan/article_d9895a19-8b56-51fa-89f5-d4f82c67b0f1.html
Last month, the board approved a plan to build a 120,000-square foot facility and space port on a county-owned 28-acre parcel south of Tucson International Airport.
“The World View COPs investment is an investment in our region’s economic future; something that has proven to be economically beneficial to the County, based on our investments in Ventana Medical Systems, HomeGoods, Accelerate Diagnostics, and a number of economic development job-creating opportunities,” Pima County Administrator Chuck Huckelberry wrote in a memo to supervisors.
The term COPs refers to Certificates of Participation, which is the financial instrument the county proposes using to fund construction costs.
Read more: tucson.com/business/local/supervisors-to-discuss-m-spaceport-finance-plan/article_d9895a19-8b56-51fa-89f5-d4f82c67b0f1.html