HomeMy WebLinkAboutEMCFD 2016-02RESOLUTION EMCFD 2016-02
A RESOLUTION OF THE BOARD OF THE EAGLE MOUNTAIN
COMMUNITY FACILITIES DISTRICT,MARICOPA COUNTY,ARIZONA,
APPROVING THE FINAL BUDGET OF THE DISTRICT FOR THE FISCAL
YEAR BEGINNING JULY 1,2016 AND ENDING JUNE 30,2017.
WHEREAS,pursuant to Ariz.Rev.Stat.§§ 48-715 and 48-716, on May 5,2016,the
Board of Directors of the Eagle Mountain Community Facilities District (the "Board")
approved Resolution EMCFD 2016-01, which (i) adopted statements and schedules attached
as Exhibit A and incorporated herein by this reference as the tentative budget for the Eagle
Mountain Community Facilities District,Maricopa County, Arizona, (the "District")for the
fiscal year 2016-17 and (ii) authorized and directed the District Clerk to cause to be (a)
mailed to the governing body of the Town of Fountain Hills and (b) published in a manner
prescribed by law, a notice that the District Board would meet on June 2,2016,for the
purpose of conducting a final hearing for District taxpayers on the statements and estimates
of the District expenditures filed with the District Clerk; and
WHEREAS,proper notice was given by publication in the Fountain Hills Times on
May 11, 2016, and May 18, 2016; and
WHEREAS,in accordance with Ariz.Rev.Stat.§48-716 and following published
notice, a public hearing was conducted on June 2, 2016, at which hearing any taxpayer was
permitted to appear and be heard regarding the 2016-17 annual budget for the District.
NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS
OF THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT,as follows:
SECTION 1. The recitals above are hereby incorporated as if fully set forth herein.
SECTION 2. The Board has heard all objections and has determined that (i) such
objections do not provide a basis for a modification of the statements and schedules attached
hereto as Exhibit A and (ii) any informalities or irregularities which may have occurred in the
adoption processfortheDistrictbudgethavebeenproperly remedied.
SECTION 3.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 final budget for the Eagle Mountain Community Facilities District, Maricopa
County,Arizona,for the fiscal year 2016-17.Thestatements and estimates ofthe operation
and maintenance expenses of the District, which are to be paid from ad valorem taxes
collected in the District, are hereby filed with the District Clerk.
SECTION4. The District Chairperson,the District Clerk and the District Counsel are
hereby authorized and directed to take all steps necessary to carry out the purpose and intent
of this Resolution.
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