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HomeMy WebLinkAboutRes EMCFD2024-01 RESOLUTION EMCFD 2024-01 A RESOLUTION OF THE BOARD OF THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT, MARICOPA COUNTY, ARIZONA, APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 1, 2024, AND ENDING JUNE 30, 2025, AND SETTING A HEARING DATE FOR THE BUDGET. BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT, as follows: SECTION 1. The statements and schedules attached hereto as Exhibit A and incorporated herein by this reference are hereby approved for the purpose as hereinafter set forth as the tentative budget for the Eagle Mountain Community Facilities District, Maricopa County, Arizona (the “District”) for the fiscal year 2024-25. The statements and estimates of the operation and maintenance expenses of the District (collectively, the “District Expenditures”) are hereby filed with the District Clerk. SECTION 2. The District Clerk is hereby authorized and directed to cause to be (i) mailed to the governing body of the Town of Fountain Hills and (ii) published in the manner prescribed by law, a notice in substantially the form attached hereto as Exhibit A, that the District Board will meet for the purpose of conducting a final hearing for District taxpayers on the statements and estimates of District Expenditures filed with the District Clerk and on the adoption of the 2024-25 Annual Budget for the District; said hearing to be conducted on June 4, 2024, at 5:25 p.m. in the District offices (the Council Chambers at Fountain Hills Town Hall), 16705 E. Avenue of the Fountains, Fountain Hills, Arizona, 85268. At the conclusion of the hearing, the District Board shall pass upon any objections and shall adopt the Final Budget for the District. PASSED AND ADOPTED by the Board of Directors of the Eagle Mountain Community Facilities District on May 7, 2024. Ginny Dickey, District Chairperson ATTEST: Linda Mendenhall, District Clerk APPROVED AS TO FORM: Aaron D. Arnson, Pierce Coleman PLLC District Counsel Aaron Arnson (May 8, 2024 18:43 PDT) Aaron Arnson Ginny Dickey (May 8, 2024 18:46 PDT) Ginny Dickey EXHIBIT A TO RESOLUTION EMCFD 2024-01 [Notice/Tentative Budget] See following page. NOTICE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT PROPERTY OWNERS The taxpayers of the Eagle Mountain Community Facilities District (the “District”) are hereby notified that the Board of Directors will hold a public meeting on June 4, 2024, at 5:25 p.m. at the District offices located at 16705 E. Avenue of the Fountains, Fountain Hills, Arizona (the Council Chambers at Fountain Hills Town Hall), when and where any taxpayers of the District will be heard in favor of, or against, any of the proposed expenditures for the District, after which the foregoing estimates as modified or as now existing, will be adopted by the Board of Directors as the basis for the fiscal year 2024- 2025 budget. Taxpayers may file written objections at any time prior to the hearing, and the Board of Directors shall hear and pass upon any objections at the hearing. Copies of the tentative fiscal year 2024-2025 District budget may be viewed prior to the June 4, 2024, meeting at the District Clerk’s office, 16705 E. Avenue of the Fountains, Fountain Hills, Arizona 85268, the Town of Fountain Hills website, www.fountainhillsaz.gov/budget, and the Fountain Hills branch of the Maricopa County Library, 12901 N. La Montana Drive, Fountain Hills, Arizona 85268. EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT PROPOSED BUDGET FISCAL YEAR 2024-2025 For the Fiscal Year Revenues Ended June 30, 2025 Tax Levy at $0.00 per $100 Limited Property Value Assessed Valuation $ 0 Prior Year Assessments (Delinquent) 0 Interest Income 100 TOTAL $ 100 Expenses Annual Debt Service Payment on Refunded Bonds $ 0 Administrative Costs 19,500 TOTAL $ 19,500 Resolution EMCFD 2024-01 Final Audit Report 2024-05-09 Created:2024-05-09 By:Linda Mendenhall (lmendenhall@fountainhillsaz.gov) Status:Signed Transaction ID:CBJCHBCAABAAQt5kLTzvwu9CLXK-_d9UN7PoO1zZIQBd "Resolution EMCFD 2024-01" History Document created by Linda Mendenhall (lmendenhall@fountainhillsaz.gov) 2024-05-09 - 0:25:00 AM GMT- IP address: 184.178.192.162 Document emailed to aaron@piercecoleman.com for signature 2024-05-09 - 0:25:36 AM GMT Email viewed by aaron@piercecoleman.com 2024-05-09 - 1:43:26 AM GMT- IP address: 104.47.55.254 Signer aaron@piercecoleman.com entered name at signing as Aaron Arnson 2024-05-09 - 1:43:40 AM GMT- IP address: 69.53.213.227 Document e-signed by Aaron Arnson (aaron@piercecoleman.com) Signature Date: 2024-05-09 - 1:43:42 AM GMT - Time Source: server- IP address: 69.53.213.227 Document emailed to gdickey@fountainhillsaz.gov for signature 2024-05-09 - 1:43:44 AM GMT Email viewed by gdickey@fountainhillsaz.gov 2024-05-09 - 1:45:46 AM GMT- IP address: 68.2.112.40 Signer gdickey@fountainhillsaz.gov entered name at signing as Ginny Dickey 2024-05-09 - 1:45:59 AM GMT- IP address: 68.2.112.40 Document e-signed by Ginny Dickey (gdickey@fountainhillsaz.gov) Signature Date: 2024-05-09 - 1:46:01 AM GMT - Time Source: server- IP address: 68.2.112.40 Document emailed to Linda Mendenhall (lmendenhall@fountainhillsaz.gov) for signature 2024-05-09 - 1:46:03 AM GMT Email viewed by Linda Mendenhall (lmendenhall@fountainhillsaz.gov) 2024-05-09 - 4:53:58 AM GMT- IP address: 98.161.157.183 Document e-signed by Linda Mendenhall (lmendenhall@fountainhillsaz.gov) Signature Date: 2024-05-09 - 4:54:17 AM GMT - Time Source: server- IP address: 98.161.157.183 Agreement completed. 2024-05-09 - 4:54:17 AM GMT