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MINUTES OF THE MEETING OF THE
COPPER MOUNTAIN RANCH COMMUNITY FACILITIES DISTRICT BOARD
OF THE CITY OF CASA GRANDE
HELD IN THE COUNCIL CHAMBERS
510 E. FLORENCE BLVD., CASA GRANDE, AZ 85122
MONDAY, JUNE 20, 2016
 
             
A.   Call to Order
Chairman Jackson called the meeting to order at 6:30 p.m.
 
             
B.   Roll Call  
Present:
Ralph Varela, Member  
 
Lisa Fitzgibbons, Member  
 
Matthew Herman, Member  
 
Mary Kortsen, Member  
 
Dick Powell, Member  
 
Karl Montoya, Vice Chairman  
 
Robert Jackson, Chairman  
Also Present:
Larry Rains, District Manager
Remilie S. Miller, District Clerk
Brett Wallace, District Counsel
Celina Morris, District Treasurer
William Schwind, Community Services Director
Mark McCrory, Police Chief
Paul Tice, Planning & Development Director
Scott Miller, Fire Chief
Dawn Jett, Human Resources Director
Kevin Louis, Public Works Director
             
C.   Minutes:
Member Powell moved to approve the minutes dated June 6, 2016. Member Montoya seconded the motion and was carried with a 7-0 voice vote.
 
             
D.   Consent Agenda:
None
 
             
E.   Unfinished Business:
None
 
             
F.   New Business:  
             
  F.1   
Public Hearing
Resolution No. 76
Adoption of the Fiscal Year 2016-2017 Budget for
Copper Mountain Ranch Community Facilities District

 
  District Treasurer Morris recommended that the Board hold a public hearing on FY2017 Budget and proposed Tax Levy, and adopt a resolution establishing the FY2017 Final Budget for the Copper Mountain Ranch Community Facilities District. A separate Request for Council Action asking for approval of the tax levy on agenda for consideration.

Treasurer Morris reported that the Copper Mountain Ranch Community Facilities District Budget is specifically designed to pay existing debt service, expenditures of the district, and to program reserves. Included as part of this budget, is a continuation of the existing $0.30 property tax rate. As no debt has been issued, this tax includes an operational component ($0.30) and no General Obligation Bond component ($0.00).

Treasurer Morris conveyed that the forms represent all of the information that has been presented to the Board and will be the adopted budget and expenditure limitation for FY2017. The required notice has been published in the local paper as specified and the Board is being asked to adopt them as final. A separate action is scheduled for consideration tonight to establish the tax rate.

Treasurer Morris stated that the adoption of the Budget establishes the spending plan for the following fiscal year. No expenditure of funds may take place that is not in conformance with the adopted budget.

Chairman Jackson declared a public hearing to allow comments on this matter.  There being no comments, Chairman Jackson declared the public hearing closed.

District Clerk Miller read by title only Resolution No. 76, Adopting the Budget for the Fiscal Year 2016-2017.
  Moved by Member Matthew Herman, seconded by Member Ralph Varela to approve Resolution No. 76.
 
AYE: Member Ralph Varela
  Member Lisa Fitzgibbons
  Member Matthew Herman
  Member Mary Kortsen
  Member Dick Powell
  Vice Chairman Karl Montoya
  Chairman Robert Jackson
  Chairman Jackson then declared Resolution No. 76 passed and adopted.
             
  F.2   
Resolution No. 77
Adopting the Fiscal Year 2016-2017 Property Tax Levy and
Establishing a Primary Tax Rate of the
Copper Mountain Ranch Community Facilities District

 
  District Treasurer Morris recommended that the Board adopt a resolution establishing the Fiscal Year 2017 property tax rate at $0.30 per $100 of assessed valuation for the Copper Mountain Ranch Community Facilities District.

Treasurer Morris reported that the Copper Mountain Ranch Community Facilities District Budget is specifically designed to pay existing debt service, expenditures of the district and to program reserves. All expenditures of the district are intended to be paid by the property tax. This action is a continuation of the existing $0.30 property tax rate. The tax rate includes an operational component ($0.30) and a General Obligation Bond component ($0.00). It is the intent of this action to adopt the rate and collect the corresponding estimated tax levy. Adoption of the resolution directs Pinal County to collect the $0.30 rate and adjust the estimated levy as appropriate.

Treasurer Morris reported that a public hearing has been held and the required notice has been published in the local paper as specified. This action will establish the tax rate for the District for Fiscal Year 2016-2017.

Treasurer Morris stated that revenues of the District are directly dependent upon the adoption of the tax rate and corresponding tax levy.

District Clerk Miller read by title only Resolution No. 77, Levying Upon the Assessed Valuation of the Property within Copper Mountain Ranch Community Facilities District, Casa Grande, Subject to Taxation a Certain Sum Upon Each One Hundred Dollars of Valuation Sufficient to Raise the Amount Estimated to be Required in the Annual Budget, Less the Amount Estimated to be Received from Other Sources of Revenue; Providing Funds for Various Bond Redemptions, for the Purpose of Paying Interest Upon Bonded Indebtedness; and Providing a General Fund for General District Expenses; All for the Fiscal Year Ending the 30th day of June, 2017.
  Moved by Member Ralph Varela, seconded by Member Mary Kortsen to approve Resolution No. 77.
 
AYE: Member Ralph Varela
  Member Lisa Fitzgibbons
  Member Matthew Herman
  Member Mary Kortsen
  Member Dick Powell
  Vice Chairman Karl Montoya
  Chairman Robert Jackson
  Chairman Jackson then declared Resolution No. 77 passed and adopted.
             
G.   Miscellaneous:
None
 
             
H.   Adjournment
There being no further business at this time, the meeting was adjourned at 6:35 p.m.
 
  ________________________
Craig H. McFarland
Chairman




ATTEST:



 
 
___________________________
Gloria Leija, MMC
District Clerk
 

CERTIFICATION
I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the regular meeting of Copper Mountain Ranch Communities Facilities District Board of Casa Grande, Arizona held on the 20th day of June 2016. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 19th day of June, 2017



_______________________________
Gloria Leija, MMC
District Clerk

    

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