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MINUTES OF THE MEETING OF THE
POST 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 19, 2017
 
             
A.   Chairman McFarland called the meeting to order at 6:53 p.m.  
             
B.   Roll Call  
Present:
Donna McBride, Member  
 
Lisa Fitzgibbons, Member  
 
Matthew Herman, Member  
 
Mary Kortsen, Member  
 
Dick Powell, Member  
 
Ralph Varela, Vice Chairman  
 
Craig McFarland, Chairman  
Also Present:
Larry Rains, Disctrict Manager
Steven Weaver, Deputy District Manager
Gloria Leija, District Clerk
Brett Wallace, District Counsel
Celina Morris, District Treasurer
Mark McCrory, Police Chief
Paul Tice, Planning & Development Director
Dawn Jett, Human Resources Director
Kevin Louis, Public Works Director
Steve Hardesty, Community Services Director
             
C.   Minutes:  
             
  C.1    Post Ranch CFD -August 15, 2016

Moved by Member Lisa Fitzgibbons, seconded by Vice Chairman Ralph Varela to approve the minutes of August 15, 2016.  The motion carried with a 7-0 voice vote.
 
             
D.   Consent Agenda:

None
 
             
E.   Unfinished Business:

None
 
             
F.   New Business:  
             
  F.1   
Resolution No. 35
Adopting the Tentative Estimates of the
Amount Required for the Public Expense for the
Post Ranch Community Facilities District

 
 

District Treasurer Morris recommended that the board Approve Resolution No. 35,  adopting the tentative budget and establishing the expenditure limitation for fiscal year 2018.

Treasurer Morris reported that the Post 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. This tax includes an operational component ($0.30) and a General Obligation Bond component ($0.00). There is no debt outstanding on this District and the operational rate does not cover district expenses. Any Shortfalls are reimbursed from the developer. Actual expenditures and additional budget authority is included in the event the district activity increases. If additional costs are incurred the Developer will be responsible to reimburse the district for those costs.

Treasurer Morris reported that the budget forms represent all of the information that has been presented to the Board and will be the adopted budget and expenditure limitation for FY2018, budget schedules hereto attached as Exhibit "A".  Required forms shall be published in the local paper as specified and the Board will be asked to adopt them as Final on July 17, 2017 as well as establish the tax rate. Adoption of the Tentative budget establishes the expenditure limitation for the fiscal year, the final budget may be adopted at a lesser amount but may not be increased above the limit established by this action.

District Clerk Leija read by title only Resolution No. 35, Adopting the Tentative Estimates of the Amount Required for the Public Expense for the Post Ranch Community Facilities District for the Fiscal Year 2017-2018; Adopting a Tentative Budget  Setting Forth the Receipts and Expenditures, the Amounts Actually Levied, and the Amounts Estimated as Collectible for the Previous Fiscal Year and the Amount Proposed to be Raised By Direct Property Taxation for the Various Purposes; and Giving Notice of the Time for Hearing Taxpayers for Adopting of Budget and for Fixing the Tax Levies.

  Moved by Member Mary Kortsen, seconded by Vice Chairman Ralph Varela to adopt Resolution No. 35.
 
 
AYE: Member Donna McBride
  Member Lisa Fitzgibbons
  Member Matthew Herman
  Member Mary Kortsen
  Member Dick Powell
  Vice Chairman Ralph Varela
  Chairman Craig McFarland
 
Chairman McFarland then declared Resolution No. 35 passed and adopted.
             
G.   Miscellaneous:

None
 
             
H.   Adjournment

There being no further business at this time, the meeting was adjourned at 6:56 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 Post Ranch Communities Facilities District Board of Casa Grande, Arizona held on the 15th day of August 2016. I further certify that the meeting was duly called and held and that a quorum was present.

Dated this 17th day of July, 2016



_______________________________
Gloria Leija, MMC
District Clerk

    

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