S&P upgrades city’s utility revenue bonds
S&P Global ratings has assigned an AA+ rating for the city’s Series 2018 senior-lien utility system revenue obligations, which is an upgrade from the previous MPC 2007 wastewater bonds which were rated A+ by Fitch.
The credit rating firm cited the following criteria for the upgrade (view full report):
- Extremely strong enterprise and financial risk profiles
- Affordable service rates in the context of the service area’s strong income metrics although somewhat hindered by the higher-than-average county poverty rate;
- Good overall operational management that includes ample water supply through a diverse source of supply in addition to sufficient wastewater treatment capacity to meet demand.
- Extremely strong historical debt service coverage Extremely strong liquidity position, with over a year’s worth of unrestricted reserves;
- Manageable debt profile
- Good overall financial management reflected by policies and procedures
The higher the rating, the lower the investment risk to the bond purchasers and the interest rate to the city on the borrowed funds.
Task Force reconvenes to honor late Veteran resident Brian Mancini
At the request of the Surprise City Council the Honoring an Exceptional Leader Task Force will reconvene, Thursday, June 28, to begin the process to identifying possible ways in which to honor the late Brian Mancini.
Mancini was a medically retired Sergeant First Class, Combat Wounded Veteran who served as a Combat Medic with two tours in Baghdad, Iraq. He served over 12 years in the United States Army. He was the recipient of two Purple Hearts, the Combat Action Badge, Combat Medical Badge, Air Assault Badge and Flight Medic Badge.
In 2007, Mancini suffered life-threatening injuries from a roadside bomb attack in Iraq. Following years of surgeries and rehabilitation, the Surprise resident founded Honor House, a place where wounded veterans could go for therapy and counseling.
Suffering from Post-traumatic Stress Disorder (PTSD), Mancini ended his life at the age of 38 in 2017.
His story and combat injuries were the focus of an April 2018 60 Minutes story detailing new medical studies surrounding PTSD and the brain impacts suffered during explosions.
The meeting begins at 6 p.m., in the Community Room of City Hall, 16000 N. Civic Center Plaza. The public is encouraged to attend.
Surprise youth showcase innovative solutions at Entrepreneurship Boot Camp
Youthful innovation was on display June 8 at Surprise City Hall in culmination of the AZ TechCelerator’s 5th Annual Surprise Youth Entrepreneurship Boot Camp.
Fourteen students from Paradise Honors, Willow Canyon, Valley Vista, Shadow Ridge and Dysart high schools worked in teams at the city’s business incubator to identify a community need and develop a product or service to address that need.
The finale of the weeklong camp was a marketing pitch before a panel of judges in the Surprise City Council Chambers. The teens’ ideas included a new option for mobile resources to help the homeless, a foundation to help fund the research for synthetic organs and an eco-friendly and low cost water filtration system using thermal distillation. But, the big winner was Linked, an app that fully disables a driver’s ability to access messaging apps and social media while driving. Congratulations to Nickolas Robertson, Jack Platacz, Sean Cox and Sebastian Bednarek from Paradise Honors High School on their win!
Since 2009, the AZ TechCelerator has fostered local start-ups, resulting in 20 businesses and nearly 300 jobs.
Learn more at www.aztechcelerator.com or call 623.222.TECH.
Heat warning this week; hydration stations available
With a heat warning in effect this week, the city of Surprise reminds residents that the city is a Heat Relief Network partner, providing hydration and refuge stations for those in need of a place to cool off during the hot summer months.
The Maricopa Association of Governments (MAG) coordinates mapping of the Heat Relief Network – a network of service providers, faith-based groups, municipalities, businesses, and caring citizens mobilizing to provide hydration and heat refuge for people in need.
Designated hydration stations in Surprise include the Surprise Resource Center, 12425 W Bell Road Building A Suite 124, and Surprise Fire-Medical Station #301 (FS 301), 16750 N Village Drive East. FS 301 is also a place of refuge to cool off during the day.
For a heat safety message from Surprise Fire-Medical Department, watch this video.
To learn about the symptoms of heat related illness and what to do if you or a loved one shows symptoms, please visit: https://www.cdc.gov/disasters/extremeheat/warning.html
Surprise Transit Study needs your help planning most popular routes
Where do you travel within the city of Surprise? We’re asking you to share your most frequented shopping, dining, education, medical and recreation destinations in Surprise to help us determine potential public transportation routes.
The city will capture your travel start and end points within city boundaries in an online interactive Wikimap. Using the collected data, the Transit Feasibility Study team will determine where routes are most needed, potential ridership levels, and transit frequency.
A link to the Wikimap, and instructions for adding your information, is now available on the project website surpriseaz.gov/transitstudy. The Wikimap will be available until 5 p.m., Friday, June 29, 2018.
Dive-in Movie at Surprise Aquatic Center to feature Jumanji
The City of Surprise welcomes you and your family to stay cool at the pool Saturday, June 23 as “Jumanji: Welcome to the Jungle” hits the screen poolside at Surprise Aquatic Center.
Doors open at 7:30 p.m., and the movie begins at approximately 8 p.m. Tickets are $5 for Surprise residents and $8 for non-residents. Concessions will be available for purchase. Surprise Aquatic Center is located at 15831 N Bullard Ave.
For tickets or event information, please contact Community & Recreation Services at 623.222.2000, the Surprise Aquatic Center at 623.222.2500 or visit www.surpriseaz.gov/aquatics.
Try the Surprise Senior Center for free in June
If you have been wanting to try the Surprise Senior Center, now is the time! We’re offering free memberships to all new participants for the month of June. Several classes, programs and social events are also free for the month.
The Senior Center is a hub of activities for anyone age 50 and better and adults with disabilities. If you decide you want to stay a member, we can sign you up for a one-year membership beginning in July. The fee is $12 for Surprise residents and $15 for non-Surprise residents. The Senior Center also offers a Fitness membership for an additional cost (some rules and restrictions apply).
For more information, please contact the Surprise Senior Center at 623.222.1500 or stop by Monday through Friday from 8:00 a.m. to 4:00 p.m. at 15832 N. Hollyhock St. Surprise, 85378.
Free Chest Compression Only CPR Classes offered in Surprise
The Surprise Fire-Medical Department will be offering free Continuous Chest Compression Only-CPR (CCC-CPR) classes this summer.
CCC-CPR consists of continuous aggressive chest compressions to keep the victim’s blood circulating through their brain and heart, which has been proven to increase survival rates. And, because it does not require mouth-to-mouth resuscitation, it reduces the risk of spreading viruses or other kinds of disease between the life-saver and victim.
A morning and afternoon class will be held on each of the following dates:
- Wednesday, June 27
- Wednesday, July 18
The morning class will run from 9-11 a.m., and the afternoon class will run from 2-4 p.m.; both will be held in the Public Safety Building Auditorium, located at 14250 W. Statler Plaza.
To register for a class, please email firstname.lastname@example.org or call 623.222.5400.