HomeMy WebLinkAboutAGENDApacket__11-04-24_0700_552
NOTICE OF MEETING
REGULAR MEETING
MUNICIPAL PROPERTY CORPORATION
President Roger Riggert
Vice President Deborah Skehen
Secretary Chester Yon
TIME:2:00 P.M. – REGULAR MEETING
WHEN:MONDAY, NOVEMBER 4, 2024
WHERE:TOWN HALL FOUNTAIN CONFERENCE ROOM
16705 E. AVENUE OF THE FOUNTAINS, FOUNTAIN HILLS, AZ
Commissioners of the Town of Fountain Hills will attend either in person or by telephone conference call; a quorum of the
Town’s Council, various Commission, Committee or Board members may be in attendance at the Commission meeting.
Notice is hereby given that pursuant to A.R.S. §1-602.A.9, subject to certain specified statutory exceptions, parents have a
right to consent before the State or any of its political subdivisions make a video or audio recording of a minor child.
Meetings of the Commission are audio and/or video recorded and, as a result, proceedings in which children are present
may be subject to such recording. Parents, in order to exercise their rights may either file written consent with the Town
Clerk to such recording, or take personal action to ensure that their child or children are not present when a recording may
be made. If a child is present at the time a recording is made, the Town will assume that the rights afforded parents
pursuant to A.R.S. §1-602.A.9 have been waived.
REQUEST TO COMMENT
The public is welcome to participate in Commission meetings.
TO SPEAK TO AN AGENDA ITEM, please complete a Request to Comment card, located in the back of the Council
Chambers, and hand it to the Executive Assistant prior to discussion of that item, if possible. Include the agenda item on
which you wish to comment. Speakers will be allowed three contiguous minutes to address the Commission. Verbal
comments should be directed through the Presiding Officer and not to individual Commissioners.
TO COMMENT ON AN AGENDA ITEM IN WRITING ONLY, please complete a Request to Comment card, indicating it is a
written comment, and check the box on whether you are FOR or AGAINST and agenda item, and hand it to the Executive
Assistant prior to discussion, if possible.
1.CALL TO ORDER – President Riggert
1.CALL TO ORDER – President Riggert
2.ROLL CALL – President Riggert
3.CALL TO THE PUBLIC
Pursuant to A.R.S. §38-431.01(H), public comment is permitted (not required) on matters NOT listed on the
agenda. Any such comment (i) must be within the jurisdiction of the Commission, and (ii) is subject to
reasonable time, place, and manner restrictions. The Commission will not discuss or take legal action on
matters raised during Call to the Public unless the matters are properly noticed for discussion and legal action.
At the conclusion of the Call to the Public, individual commissioners may (i) respond to criticism, (ii) ask staff to
review a matter, or (iii) ask that the matter be placed on a future Commission agenda.
4.CONSIDERATION AND POSSIBLE ACTION: Approving the November 6, 2023, Meeting
Minutes.
5.CONSIDERATION AND POSSIBLE ACTION: Electing Officers
6.CONSIDERATION AND POSSIBLE ACTION: Approving Financial Report for year ending June
30, 2024.
7.ADJOURNMENT
Dated this ______ day of ____________________, 2024.
_____________________________________________
Angela Padgett-Espiritu, Town Clerk
The Town of Fountain Hills endeavors to make all public meetings accessible to persons with disabilities. Please call 480-816-5199 (voice)
or 1-800-367-8939 (TDD) 48 hours prior to the meeting to request a reasonable accommodation to participate in the meeting or to obtain
agenda information in large print format. Supporting documentation and staff reports furnished the Commission with this agenda are
available for review in the Town Manager's Office.
Municipal Property Corporation Meeting of November 4, 2024 2 of 2
ITEM 4.
TOWN OF FOUNTAIN HILLS
STAFF REPORT
Meeting Date: 11/04/2024 Meeting Type: Municipal Property Corporation
Agenda Type: Submitting Department: Administration
Prepared by: Angela Padgett-Espiritu, Town Clerk
Staff Contact Information: Angela Padgett-Espiritu, Town Clerk
Request to Municipal Property Corporation (Agenda Language): CONSIDERATION AND POSSIBLE
ACTION: Approving the November 6, 2023, Meeting Minutes.
Staff Summary (Background)
The intent of approving meeting minutes is to ensure an accurate account of the discussion and
action that took place at the meeting for archival purposes. Approved minutes are placed on the
town's website and maintained as permanent records in compliance with state law.
Staff Recommendation(s)
Staff recommends approving the minutes of the regular meeting on November 6, 2023.
SUGGESTED MOTION MOVE to approve the minutes of the regular meeting on November 6, 2023.
Attachments
SUMMARY MINUTES
Form Review
Form Started By: Angela Padgett-Espiritu Started On: 11/06/2023 04:47 PM
Final Approval Date: 11/06/2023
TOWN OF FOUNTAIN HILLS
MINUTES OF THE REGULAR MEETING
OF THE FOUNTAIN HILLS MUNICIPAL PROPERTY CORPORATION
NOVEMBER 6, 2023
Present: Vice President Deborah Skehen; President Roger Riggert
Absent: Secretary Chester Yon
Staff Present:Rachael Goodwin, Town Manager
David Pock, Chief Finance Officer
Angela Padgett-Espiritu, Executive Assistant
1.CALL TO ORDER – President Riggert
President Riggert called to order the meeting of the Municipal Property Corporation at
2:02 p.m.
2.ROLL CALL – President Riggert
3.CALL TO THE PUBLIC
Pursuant to A.R.S. §38-431.01(H), public comment is permitted (not required) on matters NOT listed on the
agenda. Any such comment (i) must be within the jurisdiction of the Commission, and (ii) is subject to
reasonable time, place, and manner restrictions. The Commission will not discuss or take legal action on
matters raised during Call to the Public unless the matters are properly noticed for discussion and legal
action. At the conclusion of the Call to the Public, individual commissioners may (i) respond to criticism, (ii)
ask staff to review a matter, or (iii) ask that the matter be placed on a future Commission agenda.
No one from the public was present.
4.CONSIDERATION AND POSSIBLE ACTION: Approving the November 7, 2022,
Meeting Minutes.
MOVED BY President Roger Riggert, SECONDED Vice President Deborah Skehen to
APPROVE the meeting minutes of the November 7, 2022, Municipal Property
Corporation Meeting.
AYE: Vice President Deborah Skehen, President Roger Riggert
5.CONSIDERATION AND POSSIBLE ACTION: Electing Officers
MOVED BY Vice President Deborah Skehen, SECONDED President Roger Riggert to
REAPPOINT Roger Riggert as President of the Municipal Property Corporation.
AYE: Vice President Deborah Skehen, President Roger Riggert
MOVED BY President Roger Riggert, SECONDED Vice President Deborah Skehen to
REAPPOINT Deborah Skehen as Vice President of the Municipal Property Corporation.
AYE: Vice President Deborah Skehen, President Roger Riggert
MOVED BY Vice President Deborah Skehen, SECONDED President Roger Riggert to
REAPPOINT Chester Yon as Secretary of the Municipal Property Corporation.
AYE: Vice President Deborah Skehen, President Roger Riggert
6.CONSIDERATION AND POSSIBLE ACTION: Approving Financial Report for year
ending June 30, 2023.
MOVED BY President Roger Riggert, SECONDED Vice President Deborah Skehen to
APPROVE the Financial Report for the year ending June 30, 2023.
AYE: Vice President Deborah Skehen, President Roger Riggert
7.ADJOURNMENT
MOVED BY President Roger Riggert, SECONDED President Roger Riggert to
ADJOURN the meeting of the Municipal Property Corporation at 2:09 p.m.
AYE: Vice President Deborah Skehen, President Roger Riggert
MUNICIPAL PROPERTY CORPORATION
____________________________
Roger Riggert, President
ATTEST AND PREPARED BY:
_____________________________
Angela Padgett-Espiritu, Town Clerk
CERTIFICATION
I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the Regular
Meeting held by the Fountain Hills Municipal Property Corporation at Town Hall Council on the 6th
day of November, 2023. I further certify that the meeting was duly called and that a quorum was
present.
DATED this 4th day of November 2024.
________________________________
Angela Padgett-Espiritu, Town Clerk
ITEM 5.
TOWN OF FOUNTAIN HILLS
STAFF REPORT
Meeting Date: 11/04/2024 Meeting Type: Municipal Property Corporation
Agenda Type: Submitting Department: Administration
Prepared by: Angela Padgett-Espiritu, Town Clerk
Staff Contact Information:
Request to Municipal Property Corporation (Agenda Language): CONSIDERATION AND POSSIBLE
ACTION: Electing Officers
Staff Summary (Background)
Form Review
Form Started By: Angela Padgett-Espiritu Started On: 11/06/2023 04:47 PM
Final Approval Date: 11/06/2023
ITEM 6.
TOWN OF FOUNTAIN HILLS
STAFF REPORT
Meeting Date: 11/04/2024 Meeting Type: Municipal Property Corporation
Agenda Type: Submitting Department: Administration
Prepared by: Angela Padgett-Espiritu, Town Clerk
Staff Contact Information: Angela Padgett-Espiritu, Town Clerk
Request to Municipal Property Corporation (Agenda Language): CONSIDERATION AND POSSIBLE
ACTION: Approving Financial Report for year ending June 30, 2024.
Staff Summary (Background)
Attachments
MPC Annual Report FY23-24
Form Review
Form Started By: Angela Padgett-Espiritu Started On: 11/06/2023 04:47 PM
Final Approval Date: 11/06/2023
Municipal
Property Corp
Debt Service
Fund
ASSETS
Cash and Investments 12,045$
Intergovernmental Receivable -
Total Assets 12,045$
LIABILITIES AND FUND BALANCE
Liabilities:
Accounts Payable -$
Total Liabilities -
Fund Balance:
Restricted 12,045
Total Fund Balance 12,045
Total Liabilities and Fund Balance 12,045$
TOWN OF FOUNTAIN HILLS
MUNICIPAL PROPERTY CORPORATION
Balance Sheet - Governmental Funds
As of June 30, 2024
FY23-24
Actual
FY23-24
Budget
REVENUES
Investment Earnings 628$ 300$
Total Revenues 628 300
EXPENDITURES
Debt Service:
Principal - -
Interest - -
Fiscal Charges 10 10
Total Expenditures 10 10
Excess (Deficiency) of Revenues
Over/(Under) Expenditures
618 290
OTHER FINANCING SOURCES (USES)
Transfer in - -
Total Other Financing Sources (Uses)- -
Net Change in Fund Balance 618 290
Fund Balance, Beginning of Year 11,427 11,325
Fund Balance, End of Year 12,045$ 11,615$
TOWN OF FOUNTAIN HILLS
MUNICIPAL PROPERTY CORPORATION
Statement of Revenues, Expenditures and Changes in Fund Balance
for Fiscal Year Ended June 30, 2024