The new names will be chosen by the City Council from a pool of suggestions submitted by the community.
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The City of Phoenix has agreed to pay for any homeowner's expenses for changing over their addresses. They will also provide free assistance to residents who need help making changes.
"To me, this is low-hanging fruit and something we should have done a long time ago and I'm glad we're doing it now," Councilman Carlos Garcia said.
Phoenix Mayor Kate Gallego wants to change the "offensive" names of two streets in Phoenix.