If enacted, this bill would update current statutes by appropriating $3,000,000 from the state General Fund for fiscal year 2025-2026 specifically for the Arizona Department of Transportation (ADOT) to allocate to the City of Glendale for the reconstruction of 75th Avenue. This appropriation is a new insertion into the existing law, which currently does not specify funding for this project.
Additionally, the bill introduces a requirement that the City of Glendale must demonstrate a commitment for matching funds amounting to at least 20% of the total estimated project cost from non-state sources before ADOT can distribute the appropriated funds. This stipulation is also a new insertion, ensuring that the city has secured additional financial support for the project, which is not currently mandated by existing statutes.