Eastmark Community Facilities District No. 2 Board Meeting Thun23 Jan 2020

Typically, these board meetings get little attention and are usually brief, only two or three minutes. even though every member of the Mesa City Council is ex-officio on the board. CFD Board meetings are usually scheduled at the same time as City Council Study Sessions.
Today is another one of those scheduling plans, where attention can get siphoned off by other items.

There are two additional members, Sally Jo Harrison, President/CEO of the Mesa Chamber of Commerce, and David Short, head of the Downtown Merchants Association. 
At certain times of the year - the Annual Budget Hearings, the Eastmark Community Facilities District No. 2 does get some attention, as you can see in the screen grab to the right >

Eastmark and Cadence CFD  

City of Mesa CFD

The City of Mesa currently has three Community Facilities Districts, all located in zip code 85212.

Eastmark CFD No. 1,

Eastmark CFD No. 2

Cadence

• Map of Eastmark CFD No. 1
• Map of Eastmark CFD No. 2
• Map of Cadence

What is a Community Facility District?

The Eastmark and Cadence Community Facility Districts (CFDs) were formed at the request of the property developers through the City of Mesa as a means of obtaining community funding for property development.

Funding is used for building parks, roadways, sewer, water storm drain, signage, street light, landscape and related improvements.

Bonds are issued and assessed to the property owners within a CFD

_________________________________________________________________________

__________________________________________________________________________
Eastmark Community Facilities District No. 2 Board

Meeting Agenda - Final

Mesa Council Chambers 57 East First Street

CITY COUNCIL

• John Giles - Chairperson
• Mark Freeman - Vice Chairperson
• Jeremy Whittaker
• Fransico Heredia
• Jennifer Duff
• David Luna
• Kevin Thompson

Sally Harrison
David Short

7:30 AM Council Chambers - Lower LevelThursday, January 23, 2020

_______________________________________________________________________

Roll Call (Board members participate in person or by telephone conference call.)

 

1 Items from citizens present.

2 Approval of minutes from the January 9, 2020 meeting.2

File #:

20-0100

Type:

Minutes

Status:

Agenda Ready

In control:

Eastmark Community Facilities District No. 2 Board

On agenda:

1/23/2020

Title:

Approval of minutes from the January 9, 2020 meeting.

Attachments:

1. January 09, 2020 Eastmark 2

_________________________________________________________________________________

3 Conduct a public hearing.

20-0097 A public hearing on the final assessment for the Eastmark Community Facilities District No. 2 - Assessment District A.

3-a http://mesa.legistar.com/gateway.aspx?m=l&id=/matter.aspx?key=14412

Reports

File #:

20-0097

Type:

Public Hearing

Status:

Agenda Ready

In control:

Eastmark Community Facilities District No. 2 Board

On agenda:

1/23/2020

Title:

A public hearing on the final assessment for the Eastmark Community Facilities District No. 2 - Assessment District A.

• History (0)
• Text

0 records

_________________________________________________________________________________

4 Take action on the following resolutions:

Item 4-a

20-0098 Approving the final assessment for Assessment District A, determining that the work has been completed in accordance with the approved plans and specifications, and ordering the collection of the assessment in Assessment District A.

4-a

File #:

20-0098

Type:

Resolution

Status:

Agenda Ready

In control:

Eastmark Community Facilities District No. 2 Board

On agenda:

1/23/2020

Title:

Approving the final assessment for Assessment District A, determining that the work has been completed in accordance with the approved plans and specifications, and ordering the collection of the assessment in Assessment District A.

Attachments:

1. Resolution

Item 4-b 20-0099

> Authorizing the issuance of Special Assessment Revenue Bonds, Series 2020 for the Eastmark Community Facilities District No. 2, Assessment District A;
> approving the form and authorizing the execution and delivery of related documents;
> awarding the bonds to a purchaser;
> appointing a registrar, transfer agent and paying agent for the bonds; and
> adopting written tax compliance procedures related to the District’s tax-advantaged obligations.

4-b

File #:

20-0099

Type:

Resolution

Status:

Agenda Ready

In control:

Eastmark Community Facilities District No. 2 Board

On agenda:

1/23/2020

Title:

Authorizing the issuance of Special Assessment Revenue Bonds, Series 2020 for the Eastmark Community Facilities District No. 2, Assessment District A; approving the form and authorizing the execution and delivery of related documents; awarding the bonds to a purchaser; appointing a registrar, transfer agent and paying agent for the bonds; and adopting written tax compliance procedures related to the District’s tax-advantaged obligations.

Attachments:

1. Resolution, 2. DRAFT Bond Registrar, Transfer Agent, and Paying Agent Contract, 3. DRAFT Purchase Contract, 4. DRAFT Preliminary Official Statement, 5. DRAFT Continuing Disclosure Undertaking

_______________________________________________________________________________