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Order no: 10120063
Publication: Payson Roundup
Start Date: 02/13/2026
Expires: 02/13/2026
19589 2/13/26 NOTICE OF PUBLIC HEARING ON PROPOSAL OF THE BOARD OF SUPERVISORS OF GILA COUNTY, ARIZONA, TO INCUR A LONG-TERM OBLIGATION NOT SECURED BY THE FULL FAITH AND CREDIT OF SUCH COUNTY For purposes of Section 11-391, Arizona Revised Statutes, the Board of Supervisors (the “Board”) of Gila County, Arizona (the “County”), will hold a public hearing on March 3, 2026, at 10:00 a.m., in the Board of Supervisors Hearing Room at the Gila County Courthouse, 1400 East Ash Street, Globe, Arizona, regarding entering into a purchase agreement (the “Agreement”) to be secured by a pledge of amounts of certain general excise taxes which the County now or hereafter imposes, except for any taxes hereafter imposed for an inconsistent purpose; excise taxes and transaction privilege (sales) taxes imposed and collected by the State of Arizona (the “State”), or any agency thereof, and returned, allocated or apportioned to the County, except the County’s share of any such taxes which by State law, rule or regulation must be expended for other purposes; vehicle license taxes distributed or deposited to the County’s general fund; and amounts remitted to the County by the U.S. Department of Interior pursuant to the federal Payment in Lieu of Taxes program, to finance the costs of emergency management, infrastructure and related capital improvement projects (including those projects related to 2025 flooding in Gila County) . More detail about the foregoing will be provided in analysis provided to the Board at the hearing. The Agreement is estimated to be in the principal amount of $18,295,000 and, with total estimated interest of $6,190,524, to have a total estimated financing cost of $ 24,485,524 . The Board will receive oral comments at the hearing and will receive written comments before adopting the resolution of intention with respect to the Agreement which will be considered no earlier than March 18, 2026 (the “Resolution”). Written comments, which shall be no more than 250 words, can be submitted to the Clerk of the Board by close of business (5:00 p.m.) the day prior to the day the Board will consider adopting the Resolution by email to casrarynezami@gilacountyaz.gov or by mail to Gila County Board of Supervisors, c/o Charlotte Asrarynezami, Clerk of the Board, 1400 East Ash Street, Globe, Arizona 85501. The notice of such hearing posted on the website of the County also includes an electronic link for submitting electronic comments at any time before adoption of the Resolution . Dated: February 13, 2026 /s/ Charlotte Asrarynezami Board of Supervisors


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