HomeMy WebLinkAbout170504EMCFDPNOTICE OF SPECIAL SESSION OF THE
EAGLE MOUNTAIN COMMUNITY
FACILITIES DISTRICT BOARD
WHEN: THURSDAY, MAY 4, 2017
TIME: 6:25 P.M.
WHERE: TOWN OF FOUNTAIN HILLS - COUNCIL CHAMBERS
16705 EAST AVENUE OF THE FOUNTAINS, FOUNTAIN HILLS, AZ
Pursuant to A.R.S. §38-431.02, notice is hereby given to the Directors of the District Board of the Eagle Mountain Community
Facilities District and to the general public that the District Board of the Eagle Mountain Community Facilities District will hold a
special session open to the public, which will begin immediately prior to the May 4, 2017, Cottonwoods Maintenance District Board
Meering and Fountain Hills Town Council meeting.
Members of the Eagle Mountain Community Facilities District Board will attend either in person or by telephone conference call; a
quorum of the Town's various Commissions or Boards may be in attendance at the Board 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 District
Board 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 District 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 District Board will assume that the rights afforded parents pursuant to A.R.S. § 1-602.A.9 have been waived."
AGENDA
CALL TO ORDER AND ROLL CALL. — District Board Chair Linda M. Kavanagh
CALL TO THE PUBLIC.
Pursuant to A.R.S. §38-431-01(G), public comment is permitted (not required) on matters not listed on the agenda. Any such
comment (i) must be within the jurisdiction of the Directors is subject to reasonable time, place and manner restrictions. The
Directors 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 Directors may (i) respond to
criticism, (ii) ask staff to review a matter or (iii) ask that the matter be placed on a future agenda.
1. CONSIDERATION of approving the Eagle Mountain Community Facilities District Board
MEETING MINUTES of June 16, 2016.
2. PUBLIC HEARING regarding RESOLUTION EMCFD 2017-01, approving the Tentative
Budget of the District for the Fiscal Year beginning July 1, 2017, and ending June 30, 2018,
setting a hearing date for the budget.
3. CONSIDERATION of RESOLUTION EMCFD 2017-01, approving the Tentative Budget of
the District for the Fiscal Year beginning July 1, 2017, and ending June 30, 2018, setting a
hearing date for the budget.
4. ADJOURNMENT.
DATED this 27th day of April, 2017. �-
Bevelyn JFBeriller, District Clerk
The Eagle Mountain Community Facilities District, in cooperation with the Town of Fountain Hills endeavors to make all public meetings accessible to
persons with disabilities. Please call 480-816-5100 voice or 1-800-367-8939 (TDD) 48 hours prior to the meeting to request a reasonable
accommodation to participate in this meeting. Supporting documentation and staff reports furnished with this agenda are available for review in the
Clerk's office and on the Town's website [www.fh.az.gov].
z:\council packets\2017\r170504\emcfd\170504emcfda.doc Last printed 4/27/2017 9:49 AM
NOTICE OF SPECIAL SESSION OF THE
EAGLE MOUNTAIN COMMUNITY
FACILITIES DISTRICT BOARD
WHEN: THURSDAY, MAY 4, 2017
TIME: 6:25 P.M.
WHERE: TOWN OF FOUNTAIN HILLS - COUNCIL CHAMBERS
16705 EAST AVENUE OF THE FOUNTAINS, FOUNTAIN HILLS, AZ
Pursuant to A.R.S. §38-431.02, notice is hereby given to the Directors of the District Board of the Eagle Mountain Community
Facilities District and to the general public that the District Board of the Eagle Mountain Community Facilities District will hold a
special session open to the public, which will begin immediately prior to the May 4, 2017, Cottonwoods Maintenance District Board
Meering and Fountain Hills Town Council meeting.
Members of the Eagle Mountain Community Facilities District Board will attend either in person or by telephone conference call; a
quorum of the Town's various Commissions or Boards may be in attendance at the Board 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 District
Board 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 District 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 District Board will assume that the rights afforded parents pursuant to A.R.S. § 1-602.A.9 have been waived."
AGENDA
CALL TO ORDER AND ROLL CALL. — District Board Chair Linda M. Kavanagh
CALL TO THE PUBLIC.
Pursuant to A.R.S. §38-431-01(G), public comment is permitted (not required) on matters not listed on the agenda. Any such
comment (i) must be within the jurisdiction of the Directors is subject to reasonable time, place and manner restrictions. The
Directors 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 Directors may (i) respond to
criticism, (ii) ask staff to review a matter or (iii) ask that the matter be placed on a future agenda.
1. CONSIDERATION of approving the Eagle Mountain Community Facilities District Board
MEETING MINUTES of June 16, 2016.
2. PUBLIC HEARING regarding RESOLUTION EMCFD 2017-01, approving the Tentative
Budget of the District for the Fiscal Year beginning July 1, 2017, and ending June 30, 2018,
setting a hearing date for the budget.
3. CONSIDERATION of RESOLUTION EMCFD 2017-01, approving the Tentative Budget of
the District for the Fiscal Year beginning July 1, 2017, and ending June 30, 2018, setting a
hearing date for the budget.
4. ADJOURNMENT.
DATED this 27th day of April, 2017. 94�'
Bevelyn J. Ben er, District Clerk
The Eagle Mountain Community Facilities District, in cooperation with the Town of Fountain Hills endeavors to make all public meetings accessible to
persons with disabilities. Please call 480-816-5100 voice or 1-800-367-8939 (TDD) 48 hours prior to the meeting to request a reasonable
accommodation to participate in this meeting. Supporting documentation and staff reports furnished with this agenda are available for review in the
Clerk's office and on the Town's website [www.fh.az.gov].
z:\council packets\2017\rl70504\emcfd\170504emcfda.doc Last printed 4/27/2017 9:49 AM
Meeting Date: 5/4/2017
Agenda Type: Regular
Eagle Mountain Community Facilities District
(EMCFD)
AGENDA ACTION FORM
Meeting Type: Special Session
Submitting Department:
Administration
Staff Contact Information: Bevelyn J Bender, 480-816-5115, bbender@fh.az.gov
Strategic Priority: Not applicable
Council Goal: Not applicable
REQUEST TO COUNCIL: CONSIDERATION of approving the Eagle Mountain Community Facilities
District Board meeting MINUTES from June 16, 2016.
Applicant: NA
Applicant Contact Information: NA
Property Location: NA
Related Ordinance, Policy or Guiding Principle: A.R.S. §38-431.01
Staff Summary (background): The intent of approving previous meeting minutes is to ensure an accurate account
of the discussion and action that took place at that meeting for archival purposes. Approved minutes are placed on
the Town's website in compliance with state law.
Risk Analysis (options or alternatives with implications): NA
Fiscal Impact (initial and ongoing costs; budget status): NA
Budget Reference (page number: NA
Recommendation(s) by Board(s) or Commission(s): NA
Staff Recommendation(s): Approve
Attachment(s): None
SUGGESTED MOTION: Move to approve the June 16, 2016 meeting minutes.
Submitted and Approved by:
Bevelyn J. Be er, 00rict Clerk 4/24/2017
Approved:
Grady E. Mill r, Di rict Manager 4/26/2016
zAcouncil packets\2017\r170504\emcfd\aaf emcfd minutes.docx Page l of 1
Meeting Date: 5/4/2017
Agenda Type: Regular
TOWN OF FOUNTAIN HILLS
Eagle Mountain Community Facilities District
AGENDA ACTION FORM
Meeting Type: Special Session
Submitting Department: Administration
Staff Contact Information: Craig Rudolphy, District Finance Director, 480-816-5162, crudolphy@fh.az.gov
REQUEST TO DISTRICT BOARD (Agenda Language):
1. PUBLIC HEARING regarding RESOLUTION EMCFD 2017-01 approving the Tentative Budget for the
District for the fiscal year beginning July 1, 2017, and ending June 30, 2018,and setting a hearing date for the
budget.
2. CONSIDERATION of RESOLUTION EMCFD 2017-01 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, 2017, and ending June 30, 2018, and setting a hearing date for the budget.
Applicant:
Applicant Contact Information:
Property Location:
Related Ordinance, Policy or Guiding Principle:
Staff Summary (background): The Eagle Mountain Community Facilities District was formed by the Town
Council in FYI 996 for the purpose of constructing infrastructure in the Eagle Mountain subdivision. The Town
Council serves as the governing Board for the District. The annual expenditures for the District are for
repayment of the bonds that were issued to pay for the subdivision infrastructure. The annual cost is repaid
through ad valorem taxes collected from the property owners within the District; the levy is estimated to be
$1.3058/$100 of limited property (primary) assessed valuation (compared to $1.3680/$100 last year).
Risk Analysis (options or alternatives with implications):
Fiscal Impact (initial and ongoing costs; budget status): $372,746
Budget Reference (page number): 329, 334
Funding Source: NA
If Multiple Funds utilized, list here:
Budgeted; if No, attach Budget Adjustment Form: Y ® N ❑
Staff Recommendation(s): Approve
List Attachment(s): Resolution EMCFD 2017-01
Page 1 of 2
SUGGESTED MOTION (tor District Board use): Move to approve Resolution EMCFD 2017-01.
Prepared by:
NA Glick here to
enter a date.
Direct�s Approval
. �
Craig Rudolph), District Finance Dfrector 4/27/2017
Approved:
Grady . Miller, District
ger 4/27/2017
Page 2 of 2
RESOLUTION EMCFD 2017-01
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, 2017, AND ENDING JUNE 30, 2018,
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 (the "District") for
the fiscal year 2017-18. The statements and estimates of the operation and maintenance expenses
of the District and the amount needed to pay general obligation bonds of the District
(collectively, the "District Expenditures"), which are to be paid from ad valorem taxes collected
in the District, 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 2017-18 Annual Budget for the District; said hearing to be conducted on June 1,
2017, at the hour of 6:25 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; final approval of the Tax Levy for the District shall follow on June
15, 2017, at the same time and place.
PASSED AND ADOPTED by the Board of Directors of the Eagle Mountain
Community Facilities District on May 4, 2017.
Linda M. Kavanagh, District Chairperson
ATTEST:
Bevelyn J. Bender, District Clerk
APPROVED AS TO FORM:
Andrew J. McGuire, District Counsel
2955454.1
EXHIBIT A
TO
RESOLUTION EMCFD 2017-01
[Notice/Tentative Budget]
See following page.
2955454.1
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 1, 2017, at 6:25 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 Eagle Mountain
Community Facilities 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 2017-18 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 2017-18 District budget may be viewed prior to the June 1, 2017, meeting
at the District Clerk's office, 16705 E. Avenue of the Fountains, Fountain Hills, Arizona 85268,
the Town of Fountain Hills website, www.fb.az.gov, and the Fountain Hills branch of the
Maricopa County Library, 12901 N. LaMontana Drive, Fountain Hills, Arizona 85268.
EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT
PROPOSED BUDGET
FISCAL YEAR 2017-18
Revenues
Tax Levy at $1.3058 per $100 Limited Property Value
Assessed Valuation
Interest Earnings
TOTAL
Expenses
Annual Debt Service Payment on Refunded Bonds
Administrative Costs
TOTAL
2955454.1
For the Year Ended
June 30, 2018
$372,746
»n
372 866
$407,456
200
407 656