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HomeMy WebLinkAbout2025 04.15 SVCFD No. 2 Minutes ;x City of Apache Junction, Arizona City Council Chambers 300 E Superstition Blvd Apache Junction,AZ Special Meeting Minutes 85119 Superstition Vistas Communityapachejunctionaz.gov i' Ph:(480)982-8002 Facilities District No. 2 Doors are open to the public at least 15 minutes prior to the posted meeting start time; Tuesday,April 15,2025 6:00 PM City council Chambers A. Cali to Order Chair Wilson called the meeting to order at 6:08 p.m. B. Roll Call Present 7 Chairperson Wilson, Boardmember Schroeder, Boardmember Heck; Boardmember Johnson; Boardmember Lesser;Boardmember Soller,and Boardmember Gross Staff in attendance: Bryant Powell, Distract Manager Matt Busby,Assistant District Manager Joel Stern, District Attorney Amy Careening, District Deputy Clerk Angelie Hawley, District Treasurer Mike Loggins, District Director Charles Briggs, District Project Manager Connie Chow, District Finance Controller Kayla Fulmer, District Director of Marketing and Communications Eli Richardson, District Management Analyst Casaundra Wallace, City Attorney 1 C. Agenda Items 1: 25-157 Approval of minutes of special meeting of December 17,2024. Chair Wilson called for a motion.Vice Chair Schroeder moved,seconded by Boardmember Nesser that the minutes of the December 17,2024,Special Meeting be:approved. Yes; 7 Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller and Boardmember Cross No: 0 2. 5-18 Conduct a public hearing on the feasibility report for a proposed project to be financed by the issuance of the Superstition Vistas Community Facilities District No. 2 Assessment Area No.2 Special Assessment Bonds. Chair Wilson opened the public hearing at 6.10 p.m;Receiving no comments,Chair Wilson closed the public hearing at 6:10 p.m. Zach Sakas, Esq.of Greenberg Traurig,outside counsel for the Superstition Vistas Community Facilities District No.2_presented to the Board the feasibility report for Brookfield's Blossom City of Apache Junction,Arizona Page t Superstition Vistas Community Special Meeting Minutes April 15,2025 Facilities District No.2 Rack Trail Assessment Area 2. He explained how Brookfield's process for selling their lots for Superstition Vistas Community Facilities District No.2 differs from DR Horton's process for Superstition Vistas Community Facilities District No. 1.The report states the Assessment Area has 691 lots for$3,500.00 each for a total bonding amount of$2,418,000.00. Councilmembers had no concerns. 3. 5-1 9 _ Presentation, discussion and consideration of Resolution No. 2025-001 SVCFD No. 2, a resolution of the district board of Superstition Vistas Community Facilities District No.2 relating to approval of the feasibility report for the acquisition and financing of certain improvements benefiting the distract; approving the prior giving of notice of hearing relating to the feasibility report; declaring the district board's intention to acquire the improvements described in the feasibility report; forming an assessment district;determining that special assessment bonds may be issued to finance the costs and expenses of the improvements; declaring the improvements to be of more than local or ordinary public benefit and that the costs of the improvements will be assessed upon Assessment Area No.2; and ordering the public infrastructure projects performed. Chair Wilson called for a motion.Boardmember Johnson moved,seconded by Boardmember Nesser that Resolution No.2025-001 SVCFD No.2 be approved. Yes: 7 Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser,Boardmember Soller and Boardmember Grass No: 0 Zach Sakas, Esq.of Greenberg Traurig, outside counsel for the Superstition Vistas Community Facilities District No.2 presented to the Board Resolution No.2025-001 and Resolution No.2025-002. He explained that Resolution No.2025-001 approves the feasibility report from Item No.2 and Resolution No.2025-002 approves the assessment diagram that the Distract Engineer drafted to confirm each lot will benefit from the improvements they are being assessed for; Council members had no concerns. 4. 25-160 Presentation,discussion and consideration of Resolution No, 2025-002 SVCFD No.2, a resolution of the district board of Superstition Vistas Community Facilities District No. 2 approving the levying of an assessment and assessment diagram for Assessment Area No, 2 within the district. Chair Wilson called for a motion.Boardmember Heck moved,seconded by Boardmember Soifer that Resolution No.2025-002 SVCFD No.2 be approved. Yes: 7- Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller and Boardmember Cross No: 0 D. District Manager Report City of Apache Junction,Arizona Page 2 Superstition Vistas Community Special Meeting Minutes April 15,2025 Facilities District No.2 E. District Director Report - Presentation and discussion of the following items: F. District Treasurer Report - Presentation and discussion G. Adjournment Chair Wilson adjourned the meeting at 6:15 p.m. .1 ACCEPTED THIS—&-//I DAY OF 2025, BY THE CHAIR PERSON AND DISTRICT BOARD OF THE SUPERSTITION 41STAS COMMUNITY FACILITIES DISTRICT NO. 2(CITY OF APACHE JUNCTION,ARIZONA), SIGNED AND ATTESTED TO THIS 441 DAY OF 10 194 2025. (W t 0 WALTER"CHIP"WILE CHAIR PERSON ATTEST: l5- EVIE MCKINNEY DISTRICT CLERK City of Apache Junction,Arizona Page 3