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HomeMy WebLinkAbout170504EMCFDMTOWN OF FOUNTAIN HILLS SPECIAL SESSION OF THE DISTRICT BOARD OF THE EAGLE MOUNTAIN COMMUNITY FACILITIES DISTRICT [EMCFD] May 4, 2017 CALL TO ORDER AND ROLL CALL District Chair Linda M. Kavanagh called the Special Session to order at 6:27 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, Vice Chair Alan Magazine, Boardmember Cecil Yates, Boardmember Art Tolis, and Boardmember Henry Leger. District Manager Grady Miller, District Board Attorney Andrew McGuire, and District Clerk Bevelyn Bender were also present. Boardmember Nick DePorter and Boardmember Dennis Brown were absent for the roll call. 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 18. 2015. Boardmember Yates MOVED and Boardmember Leger SECONDED a motion to approve the meeting minutes of the June 16, 2016 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 by those members present (5-0). AGENDA ITEM #2 — PUBLIC HEARING REGARDING RESOLUTION EMCFD 2017-01. APPROVING THE TENTATIVE BUDGET OF THE DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 12017, AND ENDING JUNE 30, 2018. SETTING A HEARING DATE FOR THE BUDGET AND ANNUAL ASSESSMENTS. Boardmember Nick DePorter and Boardmember Dennis Brown joined the meeting by phone beginning at 6:28 PM. Chair Kavanagh opened the public hearing at 6:28 PM. District Manager Miller addressed the Board stating that the District was formed by the Town Council in FY 1996 for the purpose of constructing infrastructure in the Eagle Mountain subdivision. The Town Council serves as the governing Board for the District. He noted that the annual expenditures for the District are for repayment of the bonds that were issued to pay for the subdivision infrastructure and that the annual cost is repaid through ad valorem taxes collected from the property owners within the District. He stated that the levy is estimated to be $1.3058/$100 of assessed valuation and he recommended approval. In response to the Chair, Ms. Bender advised that there were no citizens wishing to speak at this time. There were no comments or questions from the Board. Chair Kavanagh closed the public hearing at 6:29 PM. z:\council packets\2017\r170518\170504emcfdm.docx Page 1 of 2 AGENDA ITEM #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 AND ANNUAL ASSESSMENTS, Boardmember Yates MOVED and Boardmember Leger SECONDED a motion to approve Resolution EMCFD 2017-01, which CARRIED UNANIMOUSLY by those members present (7-0). F.M4 D101 17.110 0 010 1 ' Boardmember Yates MOVED that the Board adjourn the meeting at 6:29 p.m. and Vice Chair Magazine SECONDED the motion, which CARRIED UNANIMOUSLY by those members present (7-0). TOWN OF FOUNTAIN HILLS/EMCFD BOARD IM ATTEST AND PREPARED BY: Bevelyn J. Bender, District Clerk CERTIFICATION Linda M. Kavanagh, District Chairman I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the Special Session of the Eagle Mountain Community Facilities District (EMCFD) held on the 4th day of May 2016, 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 1" day of June, 2017. Bevelyn J. Bender, District Clerk z:\council packets\2017\r170518\170504emcfdm.docx Page 2 of 2