Rancho Sahuarita CFD Meeting

REVISED District Board Meeting Agenda Pursuant to A.R.S. § 38-431.02 notice is hereby given to the public that the District Board of the Rancho Community Facilities District will hold a meeting at the date and time specified below at the Sahuarita Council Chambers, 375 West Sahuarita Center Way, Sahuarita, AZ. Members of the Rancho Sahuarita District Board will attend either in person or by telephone conference call. To better serve our community, the Council Chambers is wheelchair accessible. Persons with a disability may request a reasonable accommodation, such as a sign language interpreter, by contacting the District Clerk’s Office at 520-822-8801. Requests should be made no later than three (3) working days prior to the meeting to arrange the accommodation. March 12, 2018 REGULAR MEETING AGENDA AT OR AFTER 6:30 P.M. 1. Call to Order 2. Roll Call 3. Call to the Public At this time, any member of the public is invited to address the District Board on any issue which is on tonight’s Agenda or any issue which the District Board can lawfully act upon at a future meeting. Written comments regarding any item on the agenda or any issue which the District Board can lawfully act upon may be submitted prior to the beginning of the meeting for distribution to the District Board. Pursuant to the Arizona Open Meeting Laws, the District Board may not discuss the items, but individual members of the District Board may respond to criticism made by those who have addressed the District Board, may ask staff to review the matter, or may ask that the matter be placed on a future agenda. 4. Consent Agenda Action recommended: approve the consent agenda recommendations. A. Approval of the November 17, 2017 Rancho Sahuarita Community Facilities District Executive Session (Public Portion) and Regular Meeting Minutes. 5. Public hearing on Feasibility Reports for projects, the acquisition or construction of which is to be financed with proceeds of sale of general obligation bonds. Action recommended: conduct the public hearing. 6. Consideration and possible adoption of Resolution No. 2018-0010, ratifying the giving of notice of hearing with respect to approving, and approving, a Feasibility Report which includes identifying the public infrastructure of the projects, the areas to be benefitted, the expected method of financing and the system of providing revenues to operate and maintain the projects, all as provided in such report; authorizing the sale and issuance of not to exceed $6,000,000 aggregate principal amount of General Obligation Bonds, Series 2018; approving the form and authorizing Regular Meeting Agenda- March 12, 2018 Page 1 of 2  Rancho Sahuarita Community Facilities District MEETING Agenda the execution and delivery of a series 2018 Standby Contribution Agreement, a Series 2018 Depository Agreement, a Series 2018 Indenture of Trust and Security Agreement and certain other documents relating to the bonds; awarding the bonds to the purchaser thereof; delegating the determination of certain terms and conditions for sale of the bonds and matters related thereto to the District Manager and authorizing the subsequent levying of an ad valorem property tax with respect to the bonds. Action recommended: adopt the resolution. 7. Adjournment Action may be taken by the District Board on any item listed on this agenda. The District Board may vote to go into executive session pursuant to A.R.S. § 38-431.03 (A) (3) for discussion or consultation for legal advice with the District Counsel concerning any matter listed on this agenda. Regular Meeting Agenda- March 12, 2018 Page 2 of 2