As the Town of San Tan Valley continues building its new town government, the council approved an increase to its temporary loan agreement to help cover startup costs before state-shared revenues begin arriving.
The amended intergovernmental agreement increases the amount the Town of San Tan Valley can borrow from the Town of Queen Creek from up to $250,000 per month to up to $450,000 per month.
The funding is meant to help the new town cover early costs such as salaries, staffing, and other startup expenses while the town works to get its government fully in place…