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HomeMy WebLinkAbout140501EMCFDMPage 1 of 2 z:\council packets\2014\r140605\emcfd\140501emcfdm.docx TOWN OF FOUNTAIN HILLS SPECIAL SESSION OF THE DISTRICT BOARD OF THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT (EMCFD) May 1, 2014 CALL TO ORDER AND ROLL CALL District Chair Linda M. Kavanagh called the Special Session to order at 6:32 p.m. in the Fountain Hills Town Hall Council Chambers. ROLL CALL – Present for roll call were the following members of the District Board of the Eagle Mountain Community Facilities District: Chair Linda M. Kavanagh, Boardmember Ginny Dickey, Boardmember Henry Leger, Boardmember Tait Elkie, Boardmember Cecil Yates, Boardmember Dennis Brown, and Vice Chair Cassie Hansen. District Manager Ken Buchanan, District Board Attorney Andrew McGuire, and District Clerk Bevelyn Bender were also present. CALL TO THE PUBLIC District Clerk Bender advised that there were no citizens wishing to speak at this time. AGENDA ITEM #1 – CONSIDERATION OF APPROVING THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT BOARD MEETING MINUTES OF JUNE 20, 2013. Vice Mayor Hansen MOVED and Boardmember Yates SECONDED a motion to approve the meeting minutes of the June 20, 2013, Eagle Mountain Community Facilities District Board meeting. Ms. Bender advised that there were no citizens wishing to speak at this time. The motion CARRIED UNANIMOUSLY (7-0). AGENDA ITEM #2 – PUBLIC HEARING REGARDING RESOLUTION EMCFD 2014-01, APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 1, 2014, AND ENDING JUNE 30, 2015, SETTING A HEARING DATE FOR THE BUDGET AND ANNUAL ASSESSMENTS Chair Kavanagh opened the public hearing at 6:33 p.m. noting that there was one staff report for agenda items 2 and 3. District Manager Ken Buchanan addressed the Board relative to this item. He stated that the Eagle Mountain Community Facilities District was formed by the Town Council in 1996 for the purpose of constructing infrastructure of the Eagle Mountain subdivision. He stated that the Town Council services as t he governing board of the District and that the annual expenditures for the District are for repayment of those bonds for that infrastructure that were issued to pay for the subdivision. He noted that the annual cost was repaid through an ad valorem tax and was collected from the property owners within that District; the levy was estimated to be $1.60 per $100 of assessed valuation. He pointed out that last year the levy had been $1.84 so it has gone down. Ms. Bender advised that there were no citizens wishing to speak at this time. Chair Kavanagh closed the public hearing at 6:34 p.m. AGENDA ITEM #3 – CONSIDERATION OF RESOLUTION EMCFD 2014-01, APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 1, 2014, AND ENDING JUNE 30, 2015, SETTING A HEARING DATE FOR THE BUDGET AND ANNUAL ASSESSMENTS. Page 2 of 2 z:\council packets\2014\r140605\emcfd\140501emcfdm.docx Boardmember Leger MOVED to approve Resolution EMCFD 2014-01, and Boardmember Yates SECONDED the motion. The motion CARRIED UNANIMOUSLY (7 - 0). AGENDA ITEM #3 – ADJOURNMENT. Boardmember Leger MOVED that the Board adjourn the meeting at 6:34 p.m. and Boardmember Yates SECONDED the motion, which CARRIED UNANIMOUSLY (7 - 0). TOWN OF FOUNTAIN HILLS/EMCFD BOARD By Linda M. Kavanagh, District Chairman ATTEST AND PREPARED BY: Bevelyn J . Bender, District Clerk CERTIFICATION I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the Regular Session of the Eagle Mountain Community Facilities District (EMCFD) held on the 1st day of May 2014, in the Fountain Hills Town Hall Council Chambers. I further certify that the meeting was duly called and that a quorum was present. DATED this 5th day of June, 2014. Bevelyn J. Bender, District Clerk