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Joint Community Facilities Districts

Regular Meeting

Buckeye, AZ · May 20, 2026

AgendaMinutes

Minutes

~ BUCKEYE ARIZO N A JOINT MEETING OF THE COMMUNITY FACILITIES DISTRICTS CITY OF BUCKEYE, ARIZONA PURSUANT TO SECTIONS 48-711, 48-715 AND TITLE 38, CHAPTER 3, ARTICLE 3.1 ARIZONA REVISED STATUTES, AS AMENDED ANTHEM SUN VALLEY COMMUNITY FACILITIES DISTRICT ELIANTO COMMUNITY FACILITIES DISTRICT FESTIVAL RANCH COMMUNITY FACILITIES DISTRICT MIRIELLE COMMUNITY FACILITIES DISTRICT SUNDANCE COMMUNITY FACILITIES DISTRICT TARTESSO WEST COMMUNITY FACILITIES DISTRICT FLOREO AT TERAVALIS COMMUNITY FACILITIES DISTRICT VERRADO DISTRICT 1 COMMUNITY FACILITIES DISTRICT VERRADO WESTERN OVERLAY COMMUNITY FACILITIES DISTRICT WATSON ROAD COMMUNITY FACILITIES DISTRICT WESTPARK COMMUNITY FACILITIES DISTRICT CITY OF BUCKEYE JOINT COMMUNITY FACILITIES DISTRICTS MAY 19, 2026 LEGAL ACTIONS Executive Conference Room - City Hall, First Floor 530 East Monroe Avenue Buckeye, AZ 85326 1. Call to Order/Roll Call NO ACTION TAKEN 2. Public Hearings / Non-Consent - New Business 2.A Board of Directors of the Festival Ranch Community Facilities District to hold a public hearing only on the assessment, the completion of the work and the proceedings heretofore had and taken with respect to the Festival Ranch Community Facilities District (City of Buckeye, Arizona) Assessment District No. 15. PUBLIC HEARING ONLY Staff Liaison: Larry Price, Special Districts Manager 2.B Board of Directors of the Festival Ranch Community Facilities District (CFD) to hold a public hearing and take action on Resolution No. 04-26 accepting and approving the Feasibility Report relating to the acquisition and financing of certain improvements benefiting the District; and declaring its preliminary intention to issue not to exceed $8,000,000 principal amount of General Obligation Bonds to finance the acquisition of certain improvements as described in the Feasibility Report relating to such improvements pursuant to the provisions of Title 48, Chapter 4, Article 6, Arizona Revised Statutes, and all amendments thereto. APPROVED Staff Liaison: Larry Price, Special Districts Manager 2.C Board of Directors of the Tartesso West Community Facilities District to hold a public hearing and take action on Resolution No. 04-26 accepting and approving the Feasibility Report relating to the acquisition and financing of certain improvements benefiting the District; and declaring its preliminary intention to issue not to exceed $3,100,000 May 19, 2026 Joint Community Facilities District Legal Actions principal amount of General Obligation Bonds to finance the acquisition of certain improvements as described in the Feasibility Report relating to such improvements pursuant to the provisions of Title 48, Chapter 4, Article 6, Arizona Revised Statutes, and all amendments thereto. APPROVED Staff Liaison: Larry Price, Special Districts Manager 3. Presentations 3.A Presentation of fiscal year (FY) 2027 Community Facilities District (CFD) tentative budget adoptions; no action required. NO ACTION TAKEN Staff Liaison: Larry Price, Special Districts Manager 4. CONSENT AGENDA ITEMS / NEW BUSINESS *4.A Board of Directors of the Festival Ranch Community Facilities District (CFD) to take action on Resolution No. 05-26 authorizing the issuance, sale and delivery of its General Obligation Bonds, Series 2026; delegating the authority to approve certain matters with respect to the bonds including determining the method of sale of the bonds; authorizing the acceptance of a proposal for the purchase of the bonds and awarding the bonds to the purchaser thereof; providing for the annual levy of a tax for the payment of the bonds; authorizing the appointment of a municipal advisor and a bond registrar, transfer agent and paying agent, if necessary; providing for the disposition of the proceeds of such bonds; approving the form of the bonds and certain documents relating to and securing the payment of the bonds, and authorizing completion, execution and delivery thereof; delegating the authority to approve and deem final a form of Preliminary Official Statement, if applicable; and ratifying all actions taken or to be taken to further this Resolution. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.B Board of Directors of the Festival Ranch Community Facilities District to take action on Resolution No. 09-26 approving the assessment and the proceedings heretofore had and taken for the Festival Ranch Community Facilities District (City of Buckeye, Arizona); determining the work has been completed in accordance with the plans and specifications; and ordering the collection of the amount assessed. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.C Board of Directors of the Festival Ranch Community Facilities District to take action on Resolution No. 10-26 authorizing the issuance of its Assessment District No. 15 Special Assessment Revenue Bonds, Series 2026, in the aggregate principal amount of not to exceed $2,730,000; approving the form and authorizing the execution and delivery of a bond registrar, transfer agent and paying agent contract, a purchase contract relating to the bonds, a continuing disclosure undertaking, and certain other documents securing the payment of or relating to the bonds; ratifying and approving a Preliminary Official Statement relating to the bonds; approving a final Official Statement relating to the bonds; awarding the bonds to the purchaser thereof; appointing a registrar, transfer agent and paying agent for the bonds; taking other actions securing the payment of and relating to the bonds; and ratifying all actions taken or to be taken to further this Resolution. APPROVED Staff Liaison: Larry Price, Special Districts Manager May 19, 2026 Joint Community Facilities District Legal Actions *4.D Board of Directors of the Tartesso West Community Facilities District (CFD) to take action on Resolution No. 05-26 authorizing the issuance, sale and delivery of its General Obligation Bonds, Series 2026; delegating the authority to approve certain matters with respect to the bonds including determining the method of sale of the bonds; authorizing the acceptance of a proposal for the purchase of the bonds and awarding the bonds to the purchaser thereof; providing for the annual levy of a tax for the payment of the bonds; authorizing the appointment of a municipal advisor and a bond registrar, transfer agent and paying agent, if necessary; providing for the disposition of the proceeds of such bonds; approving the form of bonds and certain documents relating to and securing the payment of the bonds, and authorizing completion, execution and delivery thereof; delegating the authority to approve and deem final a form of Preliminary Official Statement, if applicable; and ratifying all actions taken or to be taken to further this Resolution. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.E Board of Directors of the Anthem Sun Valley Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.F Board of Directors of the Elianto Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.G Board of Directors of the Festival Ranch Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.H Board of Directors of the Floreo at Teravalis Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.I Board of Directors of the Mirielle Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED - Staff Liaison: Larry Price, Special Districts Manager *4.J Board of Directors of the Sundance Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager May 19, 2026 Joint Community Facilities District Legal Actions *4.K Board of Directors of the Tartesso West Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.L Board of Directors of the Verrado District 1 Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.M Board of Directors of the Verrado Western Overlay Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.N Board of Directors of the Watson Road Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager *4.O Board of Directors of the Westpark Community Facilities District to take action on Resolution No. 01-26 approving the tentative budget of the District for fiscal year 2027, beginning July 1, 2026, and ending June 30, 2027, and setting hearing dates for the final budget and tax levy. APPROVED Staff Liaison: Larry Price, Special Districts Manager 5. Adjournment ADJOURNED May 19, 2026 Joint Community Facilities District Legal Actions