Eastmark Community Facilities District No. 2 Board
TL;DR
The Eastmark Community Facilities District No. 2 Board held a virtual meeting to approve the issuance of up to $2,475,000 in general obligation bonds to finance community improvements. The board conducted a public hearing on the feasibility of the bond issuance and approved related resolutions to move forward with the bond sale.
Key Decisions
- Bond Feasibility Report Approval Passed
- General Obligation Bonds Issuance Approved
- Bond Sale Authorization Approved
- June 25, 2020 Meeting Minutes Approved
Agenda
- Roll Call
- Items from citizens present.
- Conduct a public hearing on the following feasibility report:
- 2-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. 2.Public Hearing
- Take action on the following:
- 3-a Resolution approving the feasibility report relating to the acquisition and financing of certain improvements benefiting the Eastmark Community Facilities District No. 2; declaring its preliminary intention to issue general obligation bonds in an amount not to exceed $2,475,000 to finance the acquisition of certain improvements as described in the feasibility report and pursuant to the provisions of Title 48, Chapter 4, Article 6, Arizona Revised Statutes.Resolution
- 3-b Resolution authorizing the issuance of the District’s General Obligation Bonds, Series 2020; approving the form and authorizing the execution and delivery of various documents related thereto; ratifying and approving a preliminary official statement and approving a final official statement relating to the bonds; levying an ad valorem tax on taxable property in the District; awarding the bonds to the purchaser thereof; appointing a bond registrar, transfer agent and paying agent for the bonds; and authorizing taking other actions securing the payment of and relating to the bonds.Resolution
- 3-c Approval of minutes from the June 25, 2020 meeting.Minutes
- 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.