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Home My WebLink About2024 10.15 SVCDF 2 City of Apache Junction Arizona 00 E Council Chambers Blvd � 300 E Superstition Blvd Apache Junction,AZ 85119 Special Meeting Agenda apachejunctionaz.gov Superstition Vistas Community 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,October 15,2024 6:30 PM City Council Chambers A. Call to Order B. Roll Call C. Agenda Items 1. 24-877 Approval of minutes of the Superstition Community Facilities District No. 2 special meeting of June 18, 2024. Sponsors: Angelie Hawley Attachments: SVCFD2MIN 2024 06 18 MINUTES DRAFT 2. 24-878 Discussion and consideration of Resolution No. 2024-007, approving a corrected legal description of district boundaries in Superstition Vistas Community Facilities District No. 2, as set forth in an amended intergovernmental and development agreement. Sponsors: Matt Busby Attachments: RESOLUTION NO.2024-007 SVCFD No.2 Corrected Le al De Su�aerstition Vistas CFD No 2 Boundary Change-Corrected Le D. Public Hearing Public hearings required by applicable law shall be conducted by the board and any person shall be given the opportunity to speak.All remarks shall be addressed to the board as a whole and not to any member thereof. Such remarks shall be limited to five(5)minutes unless additional time is granted by the board chairmember. This time limitation shall not apply to applicants and their agents appearing before the board. E. District Manager Report F. District Director Report - Presentation and discussion of the following items: G. District Treasurer Report - Presentation and discussion City of Apache Junction,Arizona Page 1 Printed on 1011012024 Superstition Vistas Community Special Meeting Agenda October 15,2024 Facilities District No.2 H. Adjournment Copies of this agenda and additional information on any of the items listed above may be obtained from the office of the city clerk/district clerk, 300 E Superstition Blvd,Apache Junction,AZ 85119, Monday through Thursday, 7:00a to 6:00p, excluding holidays. The City of Apache Junction invites and welcomes people of all abilities to use our programs, sites and facilities. Specific requests may be made by contacting the Human Resources Office at(480)474-2617 or TDD(480)983-0095. Members of this board will attend either in person or by telephone, video or internet conferencing. City of Apache Junction,Arizona Page 2 Printed on 1011012024 City of Apache Junction, Arizona 300 E Superstition Boulevard Agenda Item Cover Sheet Apache Junction,AZ 85119 Agenda Item No. 1. File ID: 24-877 Sponsor:Angelie Hawley Agenda Date: 10/15/2024 Index: In Control: Superstition Vistas Community Facili Approval of minutes of the Superstition Community Facilities District No. 2 special meeting of June 18, 2024. City of Apache Junction,Arizona Page 1 Printed on 1011012024 City of Apache Junction, 300 Arizona 00 E Su unpcil Chamber erstition Blvd Apache Junction,AZ 85119 Special Meeting Minutes apachejunctionaz.gov Superstition Vistas Community 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,June 18,2024 6:00 PM City Council Chambers A. Call to Order Chair Wilson called the meeting to order at 6:11 p.m. B. Roll Call Present 7- Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller, and Boardmember Cross Staff in attendance: Bryant Powell, District Manager Matt Busby, Assistant District Manager Joel Stern, District Attorney Jennifer Pena, District Clerk Angelie Hawley, District Treasurer Connie Chow, District Controller C. Agenda Items 1. 24-324 Approval of minutes of the Superstition Community Facilities District No. 2 special meeting of April 16, 2024. Chair Wilson called for a motion. Boardmember Soller moved,seconded by Boardmember Nesser. Yes: 7- Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller and Boardmember Cross No: 0 2. 2 -31 Presentation, discussion, and consideration of Resolution No. 2024-005 SVCFD No. 2, approving the proposed District budget for FY 2024/25 and ordering a hearing on and calling for public testimony on the District budget. Chair Wilson called for a motion. Boardmember Nesser moved,seconded by Boardmember Soller. Yes: 7- Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller and Boardmember Cross No: 0 City of Apache Junction,Arizona Pagel Superstition Vistas Community Special Meeting Minutes June 18,2024 Facilities District No.2 3. 24-393 Public hearing regarding the proposed Fiscal Year 2024/25 District budget for Superstition Vistas Community Facilities District No. 2. Chair Wilson opened the public hearing at 6:13 p.m. No members of the public were present and wished to speak.Chair Wilson closed the public hearing at 6:13 p.m. 4. 24-408 Presentation, discussion, and consideration of Resolution No. 2024-006 SVCFD No. 2, adopting the District budget for Fiscal Year 2024/25 and ordering a tax levy. Chair Wilson called for a motion. Boardmember Soller moved, Boardmember Nesser seconded. Yes: 7- Chairperson Wilson, Boardmember Schroeder, Boardmember Heck, Boardmember Johnson, Boardmember Nesser, Boardmember Soller and Boardmember Cross No: 0 D. District Manager Report E. District Director Report F. District Treasurer Report G. Adjournment Chair Wilson adjourned the meeting at 6:15 p.m. ACCEPTED THIS DAY OF 2024, BY THE CHAIR PERSON AND DISTRICT BOARD OF THE SUPERSTITION VISTAS COMMUNITY FACILITIES DISTRICT NO. 2 , (CITY OF APACHE JUNCTION, ARIZONA). SIGNED AND ATTESTED TO THIS DAY OF 2024. WALTER"CHIP"WILSON Chairperson ATTEST: JENNIFER PENA District Clerk City of Apache Junction,Arizona Page 2 Superstition Vistas Community Special Meeting Minutes June 18,2024 Facilities District No.2 SUPERSTITION VISTAS COMMUNITY FACILITIES DISTRICT NO. 2 MINUTES CERTIFICATION I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the special meeting of Superstition Vistas Community Facilities District No. 2 of the City of Apache Junction, Arizona, held on the 18th day of June, 2024. 1 further certify that the meeting was duly called and held and that a quorum was present. Dated this day of 2024. JENNIFER PENA District Clerk City of Apache Junction,Arizona Page 3 City of Apache Junction, Arizona 300 E Superstition Boulevard Agenda Item Cover Sheet Apache Junction,AZ 85119 Agenda Item No.2. File ID: 24-878 Sponsor: Matt Busby Agenda Date: 10/15/2024 Index: In Control: Superstition Vistas Community Facili Discussion and consideration of Resolution No. 2024-007, approving a corrected legal description of district boundaries in Superstition Vistas Community Facilities District No. 2, as set forth in an amended intergovernmental and development agreement. City of Apache Junction,Arizona Page 1 Printed on 1011012024 RESOLUTION 3N NO. 2024-007 SVCFD NO. R RESOLUTION OF THE DISTRICT BOARD OF SUPERSTITION VISTAS COMMUNITY FACILITIES 3IS°TRICT NO. 2 APPROVING CORRECTED LEGAL DESCRIPTION OF THE BOUNDARIES OF THE DISTRICT; CONFIRMING PRIOR APPROVALF AN AMENDMENT TO THE GENERAL PLAN OF THE DISTRICT Nt THE ": i N MEN TO THE AMENDED AND RESTATED DISTRICT DEVELOPMENT, FINANCING PARTICIPATION, WAIVER AND INTERGOVERNMENTAL AGREEMENT AND INCORPORATING THE CORRECTED C'TED LEGAL DESCRIPTION N 'THEREIN; AND APPROVING AND AUTHORIZING ALL ACTIONS HERETOFORE AND HEREAFTER 'TAKEN IN CONNECTION WITH THE DELETION OF AN AREA FROM THE BOUNDARIES OF THE DISTRICT NOW, THEREFORE, E IT RESOLVED BY THE BOARD OF DIRECTORS OF SUPERSTITION N VISTAS COMMUNITY FACILITIES DISTRICT NO. 2, AS FOLLOWS: SECTION l FINDINGS A. The Bard of Directors (the "District and") rat' the Superstition Vistas Community Facilities District No. 2 (the "District") received a petition dared as of December 1.9, 202 signed by the owners of all of the lance in the District (the "Petition") requesting the District Board consider, Ise deletion approximately 97 acres of land (the "Deleted Area,") from the boundaries T the District In accordance with Sections 48-707 . F and 4 71.4, Arizona Revised Statutes. B. On December er 1.9, 2023, the District Board adopted Resolution No. 2023-00 SVCFD No. 2 which, among other things granted the"Petition to delete the Deleted area from the boundaries of the District pursuant to the terms and provisions of, and with the powers and authority established by, pursuant to Title 48, Chapter 4, Article 6, Arizona Revised Statutes, as amended (the "C FD Act" , C" In connection with the deletion of the Deleted area from the boundaries of the District, Brookfield Homes Holdings, LLC, Brookfield ASLD 8500, ITC (the "Developer") , the City of Apache Junction, Arizona, and the District executed and delivered the First Amendment to Amended and Restated District Development, Financing Participation, Waver and Intergovernmental .0 o ae t RESOLUTION NO. 2024-007 SVCFD NO. 2 PACE 1 OF for Superstition Vistas Community Facilities District No. 2, dated as of January 25, 2024 recorded as Fee No. 2 24 5 52 in the official records f Final County, Arizona (the "First Amendment CFD Development Agreement") . D. Pursuant to the CFD Act, the District executed and delivered an amendment to the Cameral Flan (as defined herein) of the District and provided notice to Final County, Arizona (the "County"') and State of Arizona agencies in connection with the deletion of the Deleted Area E. Upon providing notice of the deletion f the Deleted Area to the County, it was determined by the Assessor of the County that there were errors in the legal description provided by the Developer, and the Developer has since corrected the legal description. The District boundaries are depicted and legally described in the corrected legal description attached hereto as Exhibit A. SECTION 2 APPROVAL OF CORRECTED LEGAL DESCRIPTION The District Board hereby approves the corrected legal description attached hereto as xhib :t A as if it was submitted by the Developer in the Petition and approved by the District Beard pursuant to Resolution No. 2023-003 SVCFD No. 2 . SECTION 5 CONFIRMATION OF PRIORAPPROVALS AND ACTIONS A. The District Board hereby confirms its prior approvalof the First Amendment to CFD Development Agreement and approves the incorporation of the corrected legal description tt ched hereto as Exhibit A. B. The District Board authorizes the District Clark to, as applicable, update and re-record the notice of deletion of area from the [district and the First Amendment to CFD Development Agreement, with the corrected legal description of the District boundaries, in the official records of the County. Such notices may include a reference to the general plan for the District recorded as Fee No. 2021-131,167 in the official records of the RESOLUTION NO. 2024-007 SVCFD NO. 2 PACE 2 OF 5 County (the "General Plan") amend the General Plan to correct the Di5trict boundary description attached to the General. Plan. C. The District Clerk or her designee is hereby authorized to provide notice of the corrected legal description of the District nd ri.es to, without limitation, the Asressor of the County, the Beard of Supervisors of the County, the Arizona Department of Real Estate and the Arizona Department of Revenue, in accordance with the C'FD Act and Section 4 -17257, Arizona Revised Statutes. SECTION 4 APPROVAL AND AUTHORIZATION OF ACTIONS All actions of the officers, officials, employees and agents of the District which conform to the purposes and intent of this resolution whether heretofore or hereafter taken are hereby ratified, confirmed and approved. The proper officers, officials, employees and agents of the District are hereby authorized and directed to do all such acts and things and to execute and -deliver all such documents zts on behalf of the District as may be necessary to carry out the terms and intent of this resolution. The engagement by the District of outside legal counsel or consultants is hereby authorized. SECTION 5 NOLIABILITY OF CAP FOR THE MUNICIPALITY; SEVER ABILITY; Y AMENDMENT; EFFECTIVE PATS Neither the City nor the State of Arizona or any political subdivision of either (other than the District) shall be directly, indirectly or morally liable or obligated :for the ym nt or repayment of any indebtedness, liability, cost, expense or obligation of the District, and neither the credit near the taxing power of the City, the State of Arizona or any political subdivision of either (other than the District) shall be pledged therefar. B. If any section, paragraph, clause or provision of this resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause or provision shall. not ";affect ,any of the remaining provisions of this resolution. The District Board hereby declares that it would have adopted this resolution and each and RESOLUTION NO. 2024-007 SVCFD NCB PACE 3 OF 5 every ether section, paragraph, clause r provision hereof and authorized the correction to the legal description of the Distract boundaries pursuant hereto irrespective of the fact that any one or more sections, paragraphs, clauses or provisions may be hale to be invalid, illegal or unenforceable. le. All resolutions or parts thereof inconsistent herewith are hereby waived to the extent only of such incon3i t nc . D. This resolution shall be effectiveimmediately. Signature page to follow. 'AGE 4 OF 5 PASSED AND ADOPTEDTHE BOARD OF DIRECTORS OF THE SUPERSTITION VISTAS_COMMUNITY FACILITIES DISTRICT . 2, THIS I T DAY OF_OCTOB R, 2024 . SIGNED AND ATTESTEDTO THIS DAY OF 2024 . WALTER "CHIP" WILS N Chairman, Board of Directors ATTEST: JENNIFER REND District Clerk APPROVED AS TO FORM: 44� A0. _._ .,..,...Aw._.r_ ,.»..,.., ,.,, .. RI H R E L STERN District Counsel 'AGE 5 OF EXHIBIT CFD DESCRIPTION THAT PORTION OF SECTION 17, SECTION 20, THE SOUTH HALF OF SECTION 16 AND THE FORTH HALF OF SECTION 19, TOWNSHIP I SOUTH, RANGE B EAST OF THE GILA AND SALT RIVER MERIDIAN, PINAL COUNTY, ARIZO A, MORE PARTICULARLY DESCRIBED AS FOLLOWS; BEGINNING AT A FINAL COUNTY PUBLIC WORKS [DEPARTMENT GRASS CAP IN HAND HOLE MARKING THE WEST QUARTER CORDER OF SAID SECTION 20, FROM WHICH A PINAL COUNTY PUBLIC WORKS DEPARTMENT BRASS CAP IN HAND HOLE MARKING THE NORTHWEST CORNER THEREOF BEARS NORTH 0'17'35 WEST, A DISTANCE OF 2641.12 FEET, THENCE NORTH 0*17'35" WEST. ALONG THE WEST LINE OF THE NORTHWEST QUARTER OF SAID SECTION 20, A DISTANCE OF 2641,12 FEET TO SAID NORTHWEST CORNER, THENCE SOUTH 89a46'31- WEST, ALONG THE SOUTH LINE OF SECTION 18, A DISTANCE OF 500.00 FEET TO THE BEGINNING OF A CURVE TO THE LEFT HAVING A RADIUS OF 2500,00 FEET, A CENTRAL ANGLE OF 22'55'0 *$ AND A CHORD THAT BEARS SOUTH 7811'58" WEST, 993.35 FEET, THENCE ALONG SAID CURVE, A DISTANCE OF 1000.00 FEET; THENCE SOUTH 66°51'25" NEST, A DISTANCE OF 540.51 FEET TO THE BEGINNING OF A CURVE TO TIME RIGHT HAVING A RADIUS OF 3000.00 FEET, A CENTRAL. ANGLE OF 30*3 '56w', AND A CHORD THAT BEADS SOUTH 82'11' 4' WEST, 1586.58 FEET, N THENCE ALONG SAID CURVE, A DISTANCE OF 1605.68 FEET, THENCE NORTH 82'28'36' WEST, A DISTANCE OF 583.29 FEET, THENCE NORTH 53a29`13" EAST, A DISTANCE OF 910.07 FEET TO A POINT ON THE SOUTH LINE OF SAID SECTION 16, THENCE NORTH 32 "26" EAST, A DISTANCE OF 4200.33 FEET TO A POINT ON THE WEST LINE OF THE SOUTHWEST QUARTER OF SECTION 17, THENCE NORTH 0`17`10" WEST, ALONG SAID NEST LINE, A DISTANCE OF 155.64 FEET TO THE WEST QUARTER CORNER OF SAID SECTION 17, THENCE NORTH 0*13'51" WEST, ALONG THE VEST LINE OF THE NORTHWEST QUARTER OF SAID SECTION 17, A DISTANCE OF 2639.88 FEET TO NORTHWEST CORNER THEREOF; HENCE NORTH 89'45'04- EAST" ALONG THE NORTH LINE OF THE NORTHWEST QUARTER OF SAID SECTION 17, A DISTANCE OF 2642.33 FEET TO THE NORTH QUARTER CORDER THEREOF, THENCE SOUTH 0"16'32" EAST, A DISTANCE OF 854.89 FEET, s THENCE NORTH 53'275 - EAST, A DISTANCE OF 1443,33 FEET c , r TO A POINT ON THE NORTH DINE OF THE NORTHEAST QUARTER 38862 CIF SAID SECTION 17; R01Rs E. THENCE NORTH 89°47'06* EAST, ALONG SAID NORTH LINE; 2 ` DISTANCE OF 1480.06 FEET TO THE NORTHEAST CORNER OF SAID SECTION 17 'r — ., THENCE SOUTH 0a17'17" EAST, ALONG THE EAST LIFE OF SAID NORTHEAST QUARTER, A DISTANCE OF 2641.26 FEET TO 'THE EAST QUARTER CORNER OF SAID SECTION 17, (bw ENGINEERING aces s�ui'srtva�x��c>,sv zoo L0i� 800a ,6 6 SHEET 1 OF EXHIBIT A PAGE 1 ODE' CFD DESCRIPTION "HENCE SOUTH '17'3 " EAST, ALONG THE EAST LIVE OF THE SOUTHEAST QUARTER OF SAID SECTION 17, A DISTANCE OF 2641.38 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE SOUTH T1625" EAST, ALONG THE EAST LINE OF THE NORTHEAST QUARTER OF SECTION 20, A DISTANCE OF 2640.89 FEET TO THE EAST QUARTER CORNER THEREOF; THENCE SOUTH 015 0" EAST, ALONG THE EAST LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 20, A DISTANCE OF 2641,53 FEET TO THE SOUTHEAST CORNER OF SAID SECTION 20; THENCE SOUTH 9*46,59' VEST, ALONG THE SOUTH LIFE OF SAID SOUTHEAST QUARTER, A DISTANCE OF 264137 FEET TO THE SOUTH QUARTER R CORNER OF SAID SECTION 20, THENCE SOUTH 6 ° 6'1 " WEST, ALONG THE SOUTH I_`NE OF THE SOUTHWEST QUARTER OF SAID SECTION 20, A DISTANCE OF 264338 FEET TO THE SOUTHWEST CORNER THEREOF, THENCE NORTH 0°17'01° VEST, ALONG THE WEST LINE OF SAID SOUTHWEST QUARTER, A DISTANCE OF 2640,28 FEET TO THE POINT OF BEGINNING, EXCEPT PARCEL "A" OF THE FINAL PLAT FOR PHASE 5 COMMERCIAL, RECORDED ON FEE NUMBER 204061060, FINAL COUNTY RECORDS, EXCEPT PARCEL "A' OF THE FINAL PLAT FOR PHASE 3 COMMERCIAL, RECORDED ON FEE NUMBER 2024--061061, PIL COUNTY RECORDS, AND EXCEPT PARCEL "ll, 12, 13 & 14" OF THE FINAL PLAT FOR BLOSSOM ROCK PHASE I. RECORDED ON FEE NUMBER 022--084918, FINAL COUNTY RECORDS. CONTAINS 57137910 SQUARE FEET OR 1311,7059 ACRES OF LAND, MORE OR LESS. SEE ATTACHED EXHIBIT "A" BY REFERENCE MADE A PANT" HERETO. C411 RONNIE E. DORS 3-MESA3 - SUNRISE ENGINEERING L .7 0 SHEET 2 OF 5 SOLUTION NO. 2 1 4-007 SVCFD NO. EXHIBIT PACE 2 OF -------------------------------- E HIB T "A. NORTHEAST CORNER SEC 17 INS, R E G&SRM 3.B6 FOUND 3* BRASS CAP FLUSH DOR . NORTHWEST CORNER STAMPED "LS 3530 „ SEC 17 T1S, RBE GCSRM NORTHEAST CORNER SEC 17T1S, RSE GSRM � rzs y FOUND PINAL COUNTY FOUND GLO1D14 BRASS CAP '` �. " HIGHWAY DEPARTMENT FOUND � GRASS CAP LS L1 l EAST 1 CORNER SEC 17 Tt , RBE GSRM WEST QUARTER C ' FOUND " G1 O 114 SEC 17 T1S, RBEGS x. BRASS CAP FLUSH FOUND ASS CAP IN HAD HUGE _` SEC 18 !TlS RB . SEC 17 1S � SOUTHEAST CORNER LG SOUTHWEST CORNER SEC 17 SEC 1 F SOUTHEAST CORNER SEC 18 NORTHEAST CORNER NORTHWEST CORNER SEC 20 SEC 20 T1S8- SE G&SRM T1S, R8E G&S M FOUND PINAL COUNTY PWD FOUND GLO 1514 BRASS CAP 1N HANG HOLE BRASS CAP FLUSH L4 L1 WARNER ROAD Uj L3 (ALGNMENT) :F ca ' EAST 1/4 CORNER SEC 20 ° T1 S, RBE GSRM FOUND CUT 1914 SEC 19 115 F18E ....... SEC BRASS CAP FLUSH ST1 S . ...... W PC1B WEST QUARTER CORNER Ix SOUTHEAST ORFIER SEC 20 T1S, RBE GSR I SEC 20 FOUND PINAL COUNTY PAD T1S, ROE C&SRM BRASS CAP IN HAND HOLE FOUND GLO 1914 NH BRASS CAP FLUSH RAYLiz L16 AVENUE SOUTH 1/4 CORNER C}I1TS CORDER s SEC 2G SEC 20 T1 S, RBE GSRM FOUND PINAL COUNTY HIGHWAY T1S, RE GSRM DEPARTMENT BRASS CAP 1N HAD HOLE FOUND 2 1/2 GLO BRASS CAP SUNRISEENGINEERING NOT TO SCALE i6+ sss4 MESA, L :?6 . 0 SHEET 3 OF RESOLUTION NO. °-00 C F NO. EXHIBIT PAGE] 3 OF 5 EXHIBIT "A" 1 1.11 ffLCIOT (ALIGNMENT) SEC 16 T1 S RISE SEC 17 T1S RSE L Cl L4 L1 WARNER ROAD Uj (ALIGNMENT) IR 411 SEC 19 T1 S RE fZ X SEC 20 TlS RE 3:41 " ---------- RAYAVENU L17 L16 EXCEPTION PARCEL 'A', PHASE 5 COMMERCIAL FEE 2024-061060, PCR �Oc4r� EXCEPTION 38862 ~ RcrHNIC s. NOT TO SCALE PARCEL W, PHASE 3 COMMERCIAL Does FEE 024--0610 1, PCR � EXCEPTION � �,? PARCEL 11, 12, 13 & 1 * ' BLOSSOM ROCK �yPHASE I ENGINEERING FEE 2022-084 18, PCR 2045 SOUTH VINCYAPD,SUrTf 101 MESA,ANZO dA 0210 SHEET 4 OF'M 40.76 .860D EXHIBIT' PAGE 4 CAR° EXHIBIT "A CURVE TABLE CURS DELTA RADIUS LENGTH CHORD BEARING CHORD D DIS CI 22'55'06* 25€0100 100uo' S78'18'58"W 993,36 2 30@39'58" 3000� 00 1605,68' S821 1'24-W 1566,56' LIFE TABLE LINE It `DIRECTION LENGTH LEGEND Li S89'46'31"W 500= SUBJECT BOUNDARY PL S SECTION LINE L2 6 *51'25" 540, 1' PLSS SUB SECTION LINE E L3 82°2636" 5819' L4 N5S29'13"E 910.07' LS N53'29' 6"E 4200,33' ABBREVIATIONS L5 ND°17'1O" 1 5:6 ' APN ASSESSOR PARCEL NUMBER E EAST L7 N0 '51"6 2 3 . 6' GLO GENERAL LAND OFFICE G SR I GILA & SALT RIVER MERIDIAN LB N6 °45'04"E 2642,3S L LAND SURVEYOR __ N NORTH L9 SO 6`32'E 854.69' PCR FINAL COUNTY RECORDS Lfl3 N5327' 3"F 144 .3 ' PS PUBLIC LAND SURVEY SYSTEM POD POINT OF BEGINNING POC POINT OF COMMENCEMENT L11 N89'47° "E 1480.0 ' PWD PUBLIC WORKS DEPARTMENT TMENT L12 SOI7'17'E 261,26' R RANGE S SOUTH c � L13 Sf1I7'3B"E 2641.36' T TOWNSHIP , �w WEST L14 S °16'25'E 2640.89' RONNIE E. L1 O*15'30" 61,53' DORs L16 S89*46'5 " 2643, 7' d,A 5 17 S89°48'1 " 2643,78' 3- L18 N017'01" 2640,2B' frrrD) % SUNRISE %Op ENGINEERING MESA 0a 6 0sxa TEL 48 .7 HET 5 OF 5 e RESOLUTION N C m 202 -00 7 SVCFD NO, EXHIBIT PAGE 5 CAB" t' f i u t 1 a II SUPERSTITION VISTAS CFD NO . 2 DELETION OF AREA FROM DISTRICT BOUNDARIES CORRECTED LEGAL DESCRIPTION 3 BACKGROUND • At the time of formation of Superstition Vistas CFD No. 2 (the "District"), Brookfield had not finalized where commercial parcels would be located • Brookfield anticipated requesting a boundary change to remove the commercial parcels after formation of the District, and communicated this to City staff and consultants at the time of formation • Brookfield subsequently identified certain parcels that will be used for commercial, multi-family, or similar uses (approximately 97 acres), and petitioned, together with all other landowners, to delete this area from the boundaries of the District • Arizona Revised Statutes Sections 48-714 and 48-707F permit an area to be deleted from the boundaries of a community facilities district upon receipt of a petition signed by all landowners within the district BACKGROUND ( continued ) • The District Board approved the deletion of an area from the District boundaries in December 2023 (and City Council approved a corresponding amendment to the District Development, Financing Participation, Waiver and Intergovernmental Agreement) • After submitting the boundary change to Pinal County, County officials determined there were errors in the legal description of the amended District boundaries • Brookfield has corrected those errors by working with the County and the Arizona State Land Department, and has submitted a revised and corrected legal description to the District • Consideration of the corrected legal description follows the protocol typically observed by the City in connection with zoning and real estate matters IMPACT ON FUTURE HOMEOWNERS • The District currently levies a $4. 15 property tax per $ 100 NALPV • At the time of formation, all of Brookfield's proposed CFD debt issuance and taxable property financial models were completed using only residential absorption E _LIOT AVENUE k h w a x si d CFD N r 48 ACRES 4 x* ACRES °WARNER �/ � �» RIB AVENUE , ; AVENUE x� { i x�, ,r i� v ✓ ~<' 1 x h �^ x RAY AVENUE RAY AVENUE �� SUPERSTITION VISTAS CFD NO 2. RCL.L. CALL DATE: - TIME: YES EXCUSED NO CHAIRPERSON WILSc N VICE CHAIRPERSON SCHROEDER BOARD EMBER CROSS BOARDMEMBER HECK BOARDMEMBER JOHNSON V B{ ARDMEMBER NESSER BOARDMEMBF_R SOLLER -71 District Manager Bryant Powell Assistant District Manager Matt Busby District Clerk Jennifer Pena Deputy District Clerk Evie McKinney District Attorney Joel Stern District Director Mike Loggins District Controller Connie Chow District Administrative Assistant Rita Vineyard District Billing Supervisor Stacey Ramirez ' District Treasurer Angelic Hawley Utility Director Ted Wolff District Project Manager Charles Briggs District Comm/Mr tg.Director Kayla Fulmer F' 40 S.\Templates&Forms\Roll Gall-SVCFU NO 1 and 2-Attendance.doc SUPERSTION VISTAS CFD NO 2. VOTE - ROLL CALL NOTES: ITEM tl MEETING OF / " MOTION Y: V SECONDED BY: YES NO ABSTAINED BOARD MEMBERS: VICE CHAIRPERSON SCHROEDER BOARDMEMBER NESSER BOARDMEMBER HECK BOARDMEMBER SOLLE BOARDMEMBER JOHNSON BOARDMEMBER CROSS � CHAIRP_ RSON WILSON TOTAL � UNANIMOUS IN FAVOR OPPOSED ABSTAINED TOTAL Vote sheet E s:\templates&forms\vote call-svcfd no 2.docx SUPERSTION VISTAS CFD NO 2. VOTE - ROLL CALL NOTES:— Pj,,,2,& 90�(,J-00�7 ITEM # MEETING OF MOTION BY: SECONDED BY: ------------- ---------- YES NO ABSTAINED BOARD MEMBERS: —---------- .....------- BOARDMEMBER CROSS ......................... BOARDMEMBER HECK BOARDMEMBER JOHNSON VICE CHAIRPERSON SCHROEDER .......... ......... BOARDMEMBER NESSER BOARDMEMBER SOLLER CHAIRPERSON WILSON TOTAL ---------- ...... UNANIMOUS IN FAVOR OPPOSED ABSTAINED TOTAL Vote sheet 5 s:\templates&forms\vote call -svcfd no 2.docx