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MINUTES 65-2016
| 1 | 5.1 | | Minutes | APPROVAL OF MINUTES
RECOMMENDATION:
Approve draft minutes from a Joint Community Facilities District Meeting held on June 27, 2016. (Maureen Scott, District Clerk) | APPROVED | Pass |
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PVCFD#3 16-516
| 1 | 6.1 | | Resolution | PALM VALLEY COMMUNITY FACILITIES DISTRICT NO. 3 ISSUANCE AND SALE OF DISTRICT GENERAL OBLIGATION REFUNDING BONDS, SERIES 2016
RECOMMENDATION:
ADOPT RESOLUTION PVCFD#3 RES 16-049 AUTHORIZING THE ISSUANCE AND SALE OF ITS DISTRICT GENERAL OBLIGATION REFUNDING BONDS, SERIES 2016, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $7,500,000; DELEGATING THE AUTHORITY TO APPROVE CERTAIN MATTERS WITH RESPECT TO THE BONDS AND THE BONDS BEING REFUNDED; PROVIDING FOR THE ANNUAL LEVY OF A TAX FOR THE PAYMENT OF THE BONDS; AUTHORIZING THE APPOINTMENT OF A REGISTRAR, TRANSFER AGENT AND PAYING AGENT, A DEPOSITORY TRUSTEE AND A DISSEMINATION AGENT; APPROVING THE FORM OF THE BONDS AND CERTAIN DOCUMENTS AND AUTHORIZING COMPLETION, EXECUTION AND DELIVERY THEREOF; DELEGATING THE AUTHORITY TO APPROVE AND DEEM FINAL A FORM OF OFFICIAL STATEMENT; APPROVING THE SALE OF THE BONDS TO THE PURCHASER THEREOF; AND RATIFYING ALL ACTIONS TAKEN OR TO BE TAKEN TO FURTHER THE RESOLUTION.
PURPOSE:
District Board will consider PVCFD#3 RES 16-049 which authorizes the issuance and sale of not to exceed $7,500,000 pri | ADOPTED | Pass |
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CENTERRACFD 16-517
| 1 | 6.2 | | Resolution | CENTERRA COMMUNITY FACILITIES DISTRICT FEASIBILITY REPORT AND ISSUANCE AND SALE OF DISTRICT GENERAL OBLIGATION PROJECT BONDS, SERIES 2016 (BANK QUALIFIED) AND DISTRICT GENERAL OBLIGATION REFUNDING BONDS, SERIES 2016 (BANK QUALIFIED)
RECOMMENDATION:
1. The Centerra Community Facilities District (City of Goodyear, Arizona) (the "District") Board of Directors (the "District Board") will conduct a public hearing for the Feasibility Report submitted in connection with the proposed issuance of District General Obligation Project Bonds, Series 2016 (Bank Qualified) in an amount not to exceed $500,000.
a. Open public hearing
b. Staff Presentation
c. Receive public comment
d. Close public hearing
2. ADOPT CENTERRACFD RES 16-057 APPROVING THE FEASIBILITY REPORT RELATING TO THE ACQUISITION, CONSTRUCTION AND FINANCING OF CERTAIN IMPROVEMENTS BENEFITING THE DISTRICT; DECLARING ITS INTENTION TO ACQUIRE AND/OR CONSTRUCT CERTAIN IMPROVEMENTS AS DESCRIBED IN THE FEASIBILITY REPORT RELATING TO SUCH IMPROVEMENTS; DETERMINING THAT NOT TO EXCEED $500,000 DISTRICT GENERAL OBLIGATION PROJECT BONDS, SERIE | ADOPTED | Pass |
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