Cadence Community Facilities District Board
TL;DR
The Cadence Community Facilities District Board held a virtual meeting to establish Assessment District No. 3, which involves financing public infrastructure improvements through special assessment revenue bonds. This new district will allow for development and infrastructure investment in the Cadence area, with costs to be assessed to property owners within the district.
Key Decisions
- Approval of Feasibility Report for Assessment District No. 3 Passed
- Formation of Assessment District No. 3 Approved
- Special Assessment Revenue Bonds Financing
- Assessment Diagram and Levy Approved
Agenda
- Roll Call
- Items from citizens present.
- 2 Approval of minutes from the September 5, 2019 meeting.Minutes
- Conduct a public hearing relating to a feasibility report for Cadence Community Facilities District, Assessment District No. 3.
- 3-a Conduct a public hearing on a feasibility report for a proposed project to be financed by special assessment revenue bonds of the Cadence Community Facilities District, Assessment District No. 3.Public Hearing
- Take action on the following resolutions:
- 4-a Approving the feasibility report for the acquisition and financing of improvements in the Cadence Community Facilities District; declaring its intention to acquire the improvements described in the feasibility report; forming Assessment District No. 3; determining that special assessment revenue bonds will be issued to finance the costs and expenses thereof; declaring the improvements to be of more than local or ordinary public benefit and that the costs of said improvements will be assessed upon Assessment District No. 3; and ordering the public infrastructure projects be acquired and performed in the Cadence Community Facilities District.Resolution
- 4-b Approving an assessment diagram and the levying of an assessment within Cadence Community Facilities District - Assessment District No. 3.Resolution
- Adjournment.
- The City of Mesa is committed to making its public meetings accessible to persons with disabilities. For special accommodations, please contact the City Manager's Office at (480) 644-3333 or AzRelay 7-1-1 at least 48 hours in advance of the meeting. Si necesita asistencia o traducción en español, favor de llamar al menos 48 horas antes de la reunión al 480-644-2767.