How would you like to look your client in the eye & tell them straight out that you saved them & their neighbors $500 Million? Thanks to RAPAC in Tucson, you can!
***(Note to reader - RAPAC is the REALTOR Arizona Political Action Committee - RPAC is the national arm of the SuperPAC)
The City of Tucson has used up all of its capacity to raise money by issuing Bonds – it has reached its legal limit. Since Tucson cannot balance its budget, City Council had the idea that they would include raising the cap on the debt they could issue in a package of sorely needed changes to the City Charter this November – which would allow them to issue up to a HALF BILLION DOLLARS in bonds (which are repaid only by those who own property in Tucson…not everyone).
Tucson Association of REALTORS got wind of the proposal, formed a coalition with other community groups, contacted NAR about the potential problem & arranged for RPAC funds to be available in case we needed to fight the proposal – and presented the Mayor with the fact that they were ready, willing & able to fight – with national backing – if they chose to put this measure on the ballot.
Mayor & Council saw the odds stacked against them & killed the proposed lifting of the cap. THIS is how RAPAC – YOU – saved your clients and neighbors $500 Million without a fight. Just the threat of serious, organized opposition caused city leadership to back down.
A Victory is a Victory - it doesn't always require a battle. Sometimes the BEST victories are won by stopping the fight before it starts. Thanks RAPAC, Tucson property owners & REALTORS® owe you one!
Disclosure - Kent Simpson serves on the RPAC Participation Council, Arizona RAPAC Trustees & is an RPAC Major Donor.