Eastmark Community Facilities District No. 1 Board
TL;DR
The Eastmark Community Facilities District No. 1 Board held a meeting to approve the issuance of new general obligation bonds for district improvements. This financial action will support infrastructure development in the Eastmark area of Mesa, potentially impacting local property taxes and community infrastructure.
Key Decisions
- Issuance of General Obligation Bonds, Second Series 2023 Approved
- Approval of Feasibility Report for Bond Financing Approved
- Ad Valorem Tax Levy on District Property Approved
Agenda
- Roll Call
- Items from citizens present.
- 2 Approval of minutes from the June 29, 2023 meeting.Minutes
- Conduct a public hearing.
- 3-a Conduct a public hearing on the feasibility report for a proposed project to be financed by the issuance of general obligation bonds of the Eastmark Community Facilities District No. 1 (City of Mesa, Arizona).Public Hearing
- Take action on the following resolution:
- 4-a Approving the prior public hearing notice for the feasibility report for the acquisition and financing of certain improvements benefitting the District; approving the feasibility report, authorizing the issuance of the District’s General Obligation Bonds, Second Series 2023; approving the form and authorizing the execution and delivery of various related documents; approving a preliminary official statement and final official statement; levying an ad valorem tax on taxable District property; awarding the bonds to the purchaser; appointing a bond registrar, transfer agent, and paying agent; and authorizing taking other actions relating to the bonds.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.