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HomeMy WebLinkAbout2009-06-16 WUCFD MINUTESWATER UTILITIES COMMUNITY FACILITIES DISTRICT (APACHE JUNCTION WATER COMPANY) CITY OF APACHE JUNCTION, ARIZONA REGULAR MEETING JUNE 16, 2009 The regular meeting of the District Board of the Water Utilities Community Facilities District (Apache Junction Water Company), City of Apache Junction, Arizona, was held on June 16, 2009, at the Apache Junction City Council Chambers pursuant to the notice required by law. CALL TO ORDER Chairperson Insalaco called the meeting to order at 6:00 p.m. ROLL CALL Board Members Present:Chairperson Insalaco Vice Chairperson Eck Mrs. Robin Barker Mr. Douglas Coleman Mr. Jeff Serdy Staff Present: (Mr. Dietz and Mr. Wilson were absent.) George Hoffman, District Manager Kathleen Connelly, District Clerk David Fern, Utility Director Donna Meinerts, District Treasurer John White, District Finance Manager Kay Bigelow, District Counsel Giao Pham, District Engineer Others Present:Bryant Powell, Assistant City Manager Hazel Randall, District Admin. Asst. APPROVAL OF MINUTES OF JUNE 2, 2009) )Vice Chairperson Eck MOVED THAT THE MINUTES OF JUNE 2, 2009, BE APPROVED. Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 1 of 6 Mrs. Barker SECONDED THE MOTION. VOTE:Unanimous. The motion carried. DISCUSSION OF BUDGET, RATES, PROPOSED DATES FOR ADOPTION OF BOTH THE TENTATIVE AND FINAL BUDGETS FOR THE YEAR BEGINNING JULY 1, 2009 AND ENDING JUNE 30, 2010 District Finance Manager John White briefed the board on the item. Vice Chairperson Eck commented he is confused about why they are talking about this as they are just ending the current budget year.He asked why they are talking about this tonight. District Finance Manager John White stated they will need to adopt the tentative budget for next year. Vice Chairperson Eck commented that would be for Fiscal Year 2009-2010. District Finance Manager John White stated that is correct. Vice Chairperson Eck commented they are currently talking about 07-08 and 08-09.He was curious why they have to do this formality when there is nothing beyond July. Mrs. Barker commented the purpose here is to get a date for the final adoption of the budget.They have a motion to do that.They will get a budget between now and then to go over. Vice Chairperson Eck commented they generally have the tentative budget first.If everything goes alright, then they can easily do a date for Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 2 of 6 final adoption.If it does not go alright, they could be looking at other dates.He asked if they are looking for a date. District Finance Manager John White stated they are looking for dates for tentative budget adoption and final budget adoption.They are looking at July 7 for the tentative budget. Mrs. Barker commented she sees what the vice chairperson is saying as there is not a tentative budget in front of them.They normally expect that. She presumed they would be seeing it as individuals but not as a group before the final budget adoption date. District Finance Manager John White stated they would be seeing it individually with the tentative budget being adopted on July 7.The final budget would be adopted sometime afterwards.Staff has been discussing having final budget adoption concurrent with the city budget adoption which is August 4. District Clerk Kathleen Connelly stated by law the district is a little different from the city.There are some different dates that have to be juggled.The tentative for the district has to be on or before July 15. District Finance Manager John White stated there is more flexibility with respect to the district's budget in that the amount is not sealed at the top of the tentative amount.It can be raised. District Counsel Kay Bigelow stated with a community facilities district they have to raise rates.The only time they can raise the service rates is with the budget.They are going to propose a small incremental amount that each year will be raised so that there will not be one large increase. Vice Chairperson Eck commented they requested that.They went 10 years without a Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 3 of 6 rate increase, and now that lack of increase has caught up with them. Chairperson Insalaco closed the discussion with no further comments and called for a motion. Mrs. Barker MOVED THAT THE PUBLIC HEARINGS FOR TENTATIVE BUDGET ADOPTION BE HELD ON JULY 7, 2009, AT 6:00 P.M. AND THE PUBLIC HEARING ON FINAL BUDGET ADOPTION BE HELD ON AUGUST 4, 2009 AT 6:00 P.M., TO INCLUDE ANY REQUIRED PUBLIC HEARINGS ON PROPOSED CHANGES IN RATES AND FEES. THE HEARINGS FOR BUDGET ADOPTION SHALL BE HELD IN THE APACHE JUNCTION CITY COUNCIL CHAMBERS, 300 EAST SUPERSTITION BOULEVARD, APACHE JUNCTION, ARIZONA. Vice Chairperson Eck SECONDED THE MOTION. VOTE:Unanimous. The motion carried. DISTRICT MANAGER REPORT None. DISTRICT DIRECTOR REPORT None. DISTRICT TREASURER REPORT District Finance Manager John White stated he had passed out the monthly report for May.The current year's sales figures are up over last year, a reflection of the rate increase from last year.The Miscellaneous Revenues thus far are $228,000 compared to a couple thousand last year.This is because of money received from Pinal County for indemnifying the district for their encroachment which damaged areas when they built their bridge. District Counsel Kay Bigelow stated that was for the infrastructure that the district built on the existing Central Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 4 of 6 Arizona Project site as well as repayment for her legal expenses for the two -and -a -half years it took to get this completed. They will also owe another payment for when the land transfers over for something else that they are replacing.Once the new site comes, the additional money will come. District Finance Manager John White commented on the General Investments, the Funded Depreciation Amount, and the Safe Yield Deposits. DISTRICT LEGAL COUNSEL REPORT None. ADJOURNMENT adjourned the meeting at 6:12 p.m. ) Chairperson Insalaco ACCEPTED THIS 7TH DAY OF JULY , 2009, BY THE CHAIRPERSON AND DISTRICT BOARD OF THE WATER UTILITIES COMMUNITY FACILITIES DISTRICT (APACHE JUNCTION WATER COMPANY), CITY OF APACHE JUNCTION, ARIZONA. SIGNED AND ATTESTED TO THIS 2009. ATTEST: Kathleen Connelly District Clerk DAY OF JULY n S. In-salaco airperson Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 5 of 6 WATER UTILITIES COMMUNITY FACILITIES DISTRICT MINUTES CERTIFICATION I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the regular meeting of the Water Utilities Community Facilities District of the City of Apache Junction, Arizona, held on the 16th day of June, 2009.I further certify that the meeting was duly called and held and that a quorum was present. Dated this 18th day of June, 2009. Kathleen Connelly District Clerk Water Utilities Community Facilities District Meeting Minutes of June 16, 2009 Page 6 of 6