Todd Curtis quoted in Bloomberg on Arizona Cardinals Stadium Debt


In Bloomberg’s October 19, 2015 article regarding bonds issued by the Arizona Sports & Tourism Authority to help construct a stadium for the NFL’s Arizona Cardinals, Todd Curtis, portfolio manager of Aquila Tax-Free Trust of Arizona commented on the on-going legal battles involving the issuance. Mr. Curtis indicated that Arizona Sports & Tourism Authority could probably continue to make bond payments, and may eventually require support from the state of Arizona. The fund does not hold the bonds.