Eastmark Community Facilities District No. 1 Board

Thursday, June 27, 2024 · 7:30 AM AM · Lower Council Chambers

TL;DR

The Eastmark Community Facilities District Board held a meeting to finalize its budget and tax levy for the 2024-25 fiscal year. The board conducted public hearings on the proposed budget and a feasibility report for financing district improvements through previously issued bonds. No additional general obligation bonds will be issued at this time.

Key Decisions

  • Fiscal Year 2024-25 Budget Approval Passed
  • Tax Levy for Fiscal Year 2024-25 Approved
  • Feasibility Report for District Improvements Approved
  • Bond Financing Approach No New General Obligation Bonds
Agenda PDF

Agenda

  1. Roll Call
  2. Items from citizens present.
  3. 2 Approval of minutes from the June 6, 2024 meeting.
    Minutes
  4. Conduct a public hearing and take action on the following resolutions:
  5. 3-a Conduct a public hearing on the proposed Eastmark Community Facilities District No. 1 Fiscal Year 2024-25 Budget and Tax Levy.
    Public Hearing
  6. 3-b A resolution approving the Eastmark Community Facilities District No. 1 Fiscal Year 2024-25 Final Budget.
    Resolution
  7. 3-c A resolution levying upon the assessed valuation of the property within Eastmark Community Facilities District No. 1 subject to ad valorem taxation a certain sum upon each one hundred dollars ($100) of valuation for the fiscal year ending June 30, 2025.
    Resolution
  8. Conduct a public hearing and take action on the following resolution:
  9. 4-a Conduct a public hearing on the feasibility report for a proposed project to be financed by the application of proceeds of bonds previously issued by the Eastmark Community Facilities District No. 1 (City of Mesa, Arizona).
    Public Hearing
  10. 4-b A resolution approving the feasibility report for acquiring and financing certain improvements benefiting the District; declaring that certain improvements in the feasibility report may be financed using proceeds from bonds previously issued by the District; and stating no additional general obligation bonds will be issued in connection herewith.
    Resolution
  11. Adjournment.
  12. 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.