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HomeMy WebLinkAboutRes 2026-12RESOLUTIDN N�. 2�26-IZ A RESQL[JTIQN QF �i'C-iE MAYDR AN❑ COUNCIL OF THE T�VIIN �F FOUNTAIN H�LLS, MAR1C[]PA COi]iVTY, ARI2DNA, DETERMINING Tt[AT EA�I,E MDUNTIIIN CUMMllNITY FACIL[T[ES ❑�STRICT, M11RI��PA C011NTY, IIRIZDN�1 H�15 BEEN 1NA�TIVE F�17 A'I` LEAS'i' FIVE YEARS AND HA5 N� FL]TIIRE PLIRPUSE; ACCk�PTiNG THE C�NVEYAN�E OFALL PROPERTY flVIINED BYTHE �I5TR1C"i', [F ANY; ASSUMIIVG, T❑ THE ExTENT NOT DTHERWISE PROHIBITED �Y LAW, ALL OF TH� OBLIGATI�NS OF THE DISTRICT; AN❑ APPROV]NG ACTIONS HERETOFORE OR HEREAFTER TAKEN T� DISSOLV� THE UISTFtICT. NIHEREA5, purstiant to TiY1e 48, Chapter 4, Article 5, Arizona Revised 5tatutes [tl�e "CF� Act"], the Mayor atld Cotiil�il of the Tawn of Fauntaitt Hills, Arizona [the "Town Council"], adopted Resolution No. 1995-04 on Febru�ry 16, 19�5, which Formed the E��gle Mauntain Community Facilities Uistrict [tl�e "District"}, a municipal cQrporation and palitical subdi�ision separate and apaz•t fram the T�wn of Fountai�� 1[ills, Ari�ona [the "1�nwn"]; and WHEREAS, suhsequent to its iornlation, the ❑istri�t issued multiple series ❑f its general obli�ation honds ta fina�lLe and refiilance tlte acqLiisitian of piibli� infrastructui-e and public infrasti�uctuz�e purposes principally l�enefitting the land within the bourldaries ❑f the �istrict in accordan�e with the C1�D Act, and all of such pu}�lic islfrastriicture �nd ptihli� inf�:-astt`ticture purpases were can�eye�l Y❑ tlle Town i�lcluding la�sd that was dedi�ated tn tl�e Town; and WHEREAS, t�1e CF� nct pi•ovides [1] t�lat tlle �istrict may he dissol�ed i�y a resoltitian of the Baai-d of �ii-ectoi-s of'the Disti-ict �the "District Bo�rd"] if all �f the property of the ❑istrict l�as been �fln�eyed to the'1'own and the Town has assumed all af the obligations af the �istrict, and [2) that the �istrict Boaa•d shall dissal�e the IJistrict if'the Town Council cansents to camply with such canditians and determines the Distri�t has been inactive for at least fi�e conse�uti�e years and has �ia future purpose; and NIHEREAS, the ❑istt-ict Baard, }�y Resoltitian EMCFD 2026-01 adopted on the date he�•eof, fi�ids ��i1d determines there is n❑ p�•o�erty of the 1]ist�•i�t tl�at k�as nat already been con�eyed to the Tnwn, and that any ❑t�ligati�ns ❑f the ❑istrict ha�e k�een dete��mined; and VIIHEREAS, the Town Cau�lcil hereby deter�nines the I7istrict has k�eea� inacti�e fot- at least fi�e consectrtive yeai-s and has no f�uture purpose; NDiN, THEREFORE, BE IT RESULVED BY THE MAYDR AND C�UIV�IL ❑F THE TOWN ❑F FUIJNTAiN HIL�.S, ARIZONA, as follows: SECTI�N 1. A11 ��roperty of the llistrict, if any, con�eyed by the �istrict to tlze Town is hereby ac�epted. SECTION Z. To the exte�lt not otherwise prolzibited by a�aplical�le law f'rom daing so, all af the obligatioz�s aF the Distri�t are assumed by the Town upan tl�e date af adoption af this Resolutiotl. SECTIDN 3. All ackions heretofore �tid hereafter taken uy the afFicers of the Tawn in connectian with the dissaluti�n af the District are hereby appraved. The apprapriate ❑fficers of the Town are hereby autl7orized to execute all da�uments, instruments and certificates in connectian with Che dissalution of the Distri�t. SE�TIaN 4. IFany sectio��, paragi-aph, clause ar pra�isio�i of this Resoltition stiall far any reason �e held to he in�alid ar urienfor�eable, tfle in�alidity or unenforceability af such section, paragraph, clause ❑r pravisian shall nat afFect any i'ell7all]lI7g ]]CQV15iQri5 aF ti�115 R�50�Llkl4il, All i-esolutions or parts thereaf incnnsistent l�erewith are herel�y w�iived tfl the exte�zt o��ly of such inconsiste�icy. PA5SE0 ANU AO�PTED by the Mayor �nd Coun�il of the Town �f Fauntain Hills, Ariaona, th'ts 2nd day ❑f June, �026. FaR THE TDWN OF FDUNTAIN HCLLS: ATTESTEU TO: �d�Q ayor Town CIeF- RE[�IEW gY: Tawn nager APPROVE❑ AS T❑ F�RM: n��u � T n Attorney