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HomeMy WebLinkAbout2025 11.18 SVCFD No. 1 Minutes PRf.CME City of Apache Junction Arizona lily CouncilChambers � 300 E Superstition Blvd Apache Junction,AZ 85119 Special Meeting Minutes s apachejunctionaz.gov Superstition Vistas Community Ph:(480)982-8002 Facilities District No. 1 Doors are open to the public at least 15 minutes prior to the posted meeting start time. Tuesday,November 18, 2025 6:30 PM City Council Chambers Revised Time From 6:00 p.m.to 6:30 p.m. A. Call to Order Chair Wilson called the meeting to order at 6:30 p.m. B. Roll Call Present 7- Chairperson Wilson Vice Chair Schroeder Boardmember Heck Boardmember Johnson Boardmember Nesser Boardmember Cross Boardmember Soller Staff in attendance: Bryant Powell, District Manager Matt Busby, Assistant District Manager Evie McKinney, District Clerk Joel Stern, District Attorney Connie Chow, District Controller Angelie Hawley, District Treasurer Kayla Fulmer, District Director of Marketing and Communications Eli Richardson, District Management Analyst Rob Wisler, District Management Analyst Nicholas Leftwich, Planner C. Agenda Items 1. 25-564 Consideration of approval of minutes of the special meeting of November 4, 2025. Boardmember Cross moved,seconded by Boardmember Nesser that the minutes of the November 4,2025,Special Meeting be approved. Yes 7- Chairperson Wilson,Vice Chair Schroeder,Boardmember Heck,Board member Johnson,Board member Nesser,Board member Cross, andBoardmember Soller No 0 City of Apache Junction,Arizona Page 1 �--� � ,, �,{� . 3 ...,,, r�' �; �' y 1 d y ,� ?y- ,c � h �, � � ` ,. t Superstition Vistas Community Special Meeting Minutes November 18,2025 Facilities District No. 1 2. 25-565 Conduct a public hearing on the final assessment for the Superstition Vistas Community Facilities District No. 1, Assessment Area No. 6. Zach Sakas, Esq. of Greenberg Traurig, outside counsel for the Superstition Vistas Community Facilities District No. 1 presented to the Board the final action for the special assessment bonds for Assessment Area 6 in D.R. Horton's Radiance Development. He explained that this was for 191 lots owned by D.R. Horton at$5,000.00 per lot. The assessment will be paying for a segment of Officer Facio Drive. Mr. Sakas explained that Resolution No. SVCFD1 2025-009 acknowledges and approves that the final assessment Public Hearing was conducted. Resolution No. SVCFD1 2025-010 approves bond transactions with an amount not to exceed $955,000.00. The bonds are paid over a period of 25 years or by prepayment options. Board Member Cross inquired about the prepayment option. Mr. Sakas explained the prepayment process. Chair Wilson opened the public hearing. Receiving no comments, he closed the public hearing. 3. 25-566 Presentation, discussion and consideration of Resolution No. SVCFD1 2025-009, a resolution of the district board of Superstition Vistas Community Facilities District No. 1 approving the final assessment for Assessment Area No. 6, determining that the work has been completed in accordance with the approved plans and specifications, and ordering the collection of the assessment in Assessment Area No. 6. Boardmember Heck moved,seconded by Boardmember Soller that Resolution No.SVCFD1 2025-009 be approved. Yes 7- Chairperson Wilson,Vice Chair Schroeder,Boardmember Heck,Boardmember Johnson,Boardmember Nesser,Boardmember Cross, andBoardmember Soller No 0 This Item was addressed under Item No. 2. 4. 25-567 Presentation, discussion and consideration of Resolution No. SVCFD1 2025-010, a resolution of the district board of Superstition Vistas Community Facilities District No. 1, authorizing the issuance of the District's Assessment Area No. 6 Special Assessment Bonds, Series 2025; approving the form and authorizing the execution and delivery of related documents; awarding the bonds to a purchaser; appointing a registrar,transfer agent and paying agent for the bonds; and authorizing the taking of other actions securing the payment of and relating to the bonds. Boardmember Johnson moved,seconded by Boardmember Nesser that Resolution No.SVCFD1 2025-010 be approved. Yes 7- Chairperson Wilson,Vice Chair Schroeder,Boardmember Heck,Boardmember Johnson,Boardmember Nesser,Board member Cross, andBoardmember Soller No 0 City of Apache Junction,Arizona Page 2 Superstition Vistas Community Special Meeting Minutes November 18,2025 Facilities District No. 1 This Item was addressed under Item No. 2. D. District Manager Report 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::38 p.m. ACCEPTED THIS L 'th ' DAY OFcJ(4LnLkA 202eBY THE CHAIR PERSON AND DISTRICT BOARD OF THE SUPERSTITION VI AS COMMUNITY FACILITIES DISTRICT NO. 1 (CITY OF APACHE JUNCTION,ARIIZnOyN�A). SIGNED AND ATTESTED TO THIS OA'r) DAY OR (A(\ 2026V WALTER"CHIP"WIL ON CHAIR PERSON ATTEST: EVIE MCKINNEY (' DISTRICT CLERK J City of Apache Junction,Arizona Page 3