* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. SO DO [00:00:01] I AND DATE. OKAY, WE'RE RECORDING. [Community Facilities Districts Joint Meeting on July 11, 2023.] OKAY. WE'RE CALLING BEING TO ORDER, UM, THE SEDONA SUMMIT TWO COMMUNITY FACILITY DISTRICT BOARD OF DIRECTORS AND THE FAIRFIELD COMMUNITY FACILITY DISTRICT BOARD OF DIRECTORS. AND, UM, OKAY. PURSUANT TO ARS 38 431 0.02, NOTICE HEREBY GIVEN TO THE MEMBERS OF THE BOARD OF DIRECTORS, UH, SEDONA SUMMIT TWO COMMITTEE, FACILITY DISTRICT, AND THE FAIRFIELD, UH, FACILITY DISTRICT, UH, AND TO THE PUBLIC THAT THE BOARD WILL HOLD A JOINT MEETING TUESDAY TODAY AT FOUR O'CLOCK. NOW, DURING THIS MEETING, THE RESPECTIVE GOVERNING BOARD, UH, OF EACH COMMUNITY FACILITIES DISTRICT WILL DISCUSS AN ACT ON BUSINESS SPECIFIC TO EACH DISTRICT AS OUTLINED BELOW. UH, MADAM CLERK, WOULD YOU CALL THE ROLL? YES. CHAIRPERSON. BLO THAT SHE DID IT. PRESENT? . UM, DIRECTOR PUE. HERE. DIRECTOR DUNN. PRESENT. DIRECTOR FOLTZ. PRESENT. DIRECTOR FURMAN IS EXCUSED ABSENT? YES, MA'AM. DIRECTOR KINSELLA. HERE. DIRECTOR WILLIAMSON HERE. OKAY. PRESENTATION, DISCUSSION. POSSIBLE DIRECTION REGARDING AN OVERVIEW FOR COMMUNITY FACILITIES, DISTRICT CFD AND ALLOWABLE USES OF CFD FUNDS. THIS WILL BE BY SHERRY. YES, I WILL. ALL RIGHT. OKAY. GOOD AFTERNOON. GOOD AFTERNOON. DIRECTORS, CHAIR, CHAIRMAN AND DIRECTORS. . GOOD ONE. UM, SO, UM, WE HAVE A COUPLE THINGS WITH THE, THE CFDS. UM, TODAY, EVERY THIRD YEAR WE NEED TO ADOPT THE FEASIBILITY REPORT. UM, SO WE HAVE FEASIBILITY REPORTS FOR BOTH CFDS AND THEN WE HAVE THE ANNUAL BUDGETS. UM, SO THE TENTATIVE BUDGET, UH, ADOPTION THAT WE WANT TO DO TODAY ON THE FEASIBILITY REPORTS. SO THESE REPORTS ARE LOOKING AT, UH, DO WE HAVE ADEQUATE FINANCES FOR THE PROJECTS THAT, UM, THE RESOURCES WOULD BE GOING TO PAY? KIND OF A LITTLE BIT OF A MOOT POINT BECAUSE WE SPECIFICALLY SAY, OKAY, WELL HOW MUCH ARE THE RESOURCES GOING TO BE THEN WE CAN USE THIS MUCH TOWARDS THOSE PROJECTS. AND IT'S ONLY A SMALL COMPONENT OF THE TOTAL PROJECT COSTS. SO IN THE FEE FEASIBILITY REPORTS, THERE'S A SUMMARY OF ALL THOSE OTHER FUNDING SOURCES THAT, THAT MAKE UP THE FULL AMOUNT OF THOSE PROJECTS. WE'VE GOT THE BUILD OUT OF THE BREWER ROAD PARK THAT WOULD HAVE BOTH FUNDING FROM SUMMIT AND FAIRFIELD. AND WE HAVE, UM, THE CONCESSION STAND, UM, AT POSSE GROUNDS, WHICH WOULD HAVE FUNDING FROM, AGAIN, BOTH SUMMIT AND FAIRFIELD. AND THEN, UM, USING SOME OF THE FAIRFIELD, UM, RESOURCES IN ORDER TO PAY FOR, UM, A PORTION OF THE PICKLEBALL COURSE. AND, UM, ESSENTIALLY THE WAY THAT WE'VE DONE THE FUNDING IS TO LOOK AT, OKAY, WELL HOW MUCH IS AVAILABLE? LET'S USE THAT FIRST AND THEN WE'LL USE THE OTHER FUNDING, UM, THAT THE FOR THOSE PROJECTS. SO, UM, ARE THERE ANY QUESTIONS ABOUT THE FEASIBILITY REPORTS AS FAR AS THE, UM, BUDGETS? UH, SO YOU HAVE WITHIN YOUR PACKETS YOU HAVE SUMMARY OF THE BUDGETS FOR EACH ONE OF THEM. UM, THE LEGALLY WE'RE, UM, REQUIRED TO USE THE MONEY AND THE CFDS FOR CAPITAL IMPROVEMENT PROJECTS. SO IT'S REALLY JUST, UM, THE EXPENDITURES FOR THOSE CIP PROJECTS AND THE CIP PROJECTS WERE DISCUSSED DURING, UM, THE, UM, BUDGET WORK SESSIONS FOR THE CITY BUDGET. SO WE HAVE HAD CONVERSATIONS ABOUT THOSE CIP PROJECTS AS WELL. UM, SO EACH ONE OF THESE IS BALANCED, UM, WITH AN ESTIMATION THAT THERE WOULD BE ENDING BALANCES IN THEM TO CARRY OVER TO FUTURE YEARS. THANK YOU. ANY QUESTIONS ON THE ITEM? I HAVE NO COUNSEL. ANY QUESTIONS OR DIRECTORS? OKAY. UM, SO ITEM FOUR, UH, MATTERS. BEFORE THIS, UH, SEDONA SUMMIT, TWO COMMUNITY FACILITIES, DISTRICT GOVERNING BOARD, UH, DISCUSSION OF POSSIBLE ACTION REGARDING APPROVAL OF THE MINUTES FROM AUGUST 9TH, 2022. I MOVE TO APPROVE THE MINUTES. SO AUGUST 9TH, 2022. SECOND FOR WHICH? FOR SEDONA SUMMIT. THAT'S, THAT WOULD BE SUMMIT. THAT'S WHAT WE'RE ON NOW. YES. SEDONA SUMMIT. OKAY. UH, WE HAVE A SECOND. ALL THOSE IN FAVOR SAY AYE. AYE. AYE. OPPOSED? UNANIMOUS. OKAY, WE'RE GOING TO PUT PUBLIC HEARING DISCUSSION, POSSIBLE ACTION REGARDING ADOPTION OF, OF A RESOLUTION PROVEN 10TH OF A BUDGET FOR FISCAL YEAR 20 23, 24 FOR SEDONA SUM TWO COMMUNITY FACILITIES DISTRICT, AND AUTHORIZING THE PUBLICATION OF A NOTICE OF [00:05:01] THE PUBLIC HEARING, UH, FOR SAID BUDGET. OKAY. SO WE'RE GONNA OPEN A PUBLIC HEARING. IS THERE ANYBODY HERE WHO WISHES TO SPEAK? I SEE TWO REALLY HAPPY PHASES OUT THERE. NOPE. THEY WANT TO GET GOING. OKAY. WE'LL CLOSE THE PUBLIC SESSION, PUBLIC HEARING, AND, UH, WE'LL MOVE TO ITEM FIVE. DON'T WE HAVE TO? NO. YOU NEED A RESOLUTION OF MOTION ON THAT, DON'T YOU? APPROVING THE BUDGET? YEAH. OKAY. APPROVING THE FEASIBILITY REPORT. CAN I, I'D LIKE TO MAKE A MOTION. GO AHEAD. UM, TO APPROVE THE TENANT BUDGET FOR FISCAL YEAR 2324 FOR SEDONA SUMMIT TWO COMMUNITY FACILITIES DISTRICT, UM, IT'S A RESOLUTION. IT MUST BE IN THE, IT IT, THAT'S THE WRONG ONE, KATHY. THAT'S THE WRONG ONE. IT'S, IT WAS THE ONE FOR THE, THE FEASIBILITY REPORT, NOT THE BUDGET. RIGHT, BUT ITEM DON'T FOUR B. YEAH. MINE SAYS, NOW WAIT A MINUTE. MINE SAYS ADOPTION OF A RESOLUTION. YEAH. UM, I WOULD SUGGEST LOOKING AT THE MEMO. I DON'T HAVE THAT UP. THAT'S NOTHING ON THE AGENDA. THAT'S WHAT WE GOT HERE. IT'S NOT, I DON'T HAVE, DO YOU HAVE THE MEMO UP, HOLLY? OH, I ALL THEY CAN MAKE THE MOTION. I'D LIKE TO WITHDRAW MY MOTION. I MOVE TO APPROVE RESOLUTION NUMBER 20 23, 1 OF THE FAIRFIELD COMMUNITY FACILITY DISTRICT APPROVING TWO COMMUNITY. IT'S FOUR B. THAT'S WHAT I'M, OKAY. UH, I MOVE TO APPROVE RESOLUTION 20 23, 1 OF THE SEDONA SUMMIT, TWO COMMUNITY FACILITY DISTRICT APPROVING THE FEASIBILITY REPORT AND AUTHORIZING PUBLICATION OF THE NOTICE OF PUBLIC HEARING ON REPORT. SECOND. SECOND. JESSICA LAW FAVOR SAY AYE. AYE. ANY OPPOSED? ALL UNANIMOUS. OKAY. AND I'M STILL GETTING THE DIFFERENT STUFF, UH, DONE WITH , BUT THAT'S OKAY. UM, ITEM FIVE MATTERS BEFORE THE FAIRFIELD COMMUNITY FACILITY DISTRICT GOVERNING NO, NO. WE HAVE THE TENTATIVE NOW, NOW WE NEED TO DO FOUR C. I DON'T EVEN HAVE FOUR C HERE. WAY UP HERE. AGENDA. SORRY ABOUT THAT. WELL, IS THAT OKAY, KIRK, THAT IT'S MISSING OFF THE AGENDA? OKAY. LET ME POST IT IN, IN ONLINE? YEAH, FOR, IT'S JUST NOT ON THE PRINTED ONE. SORRY. IT'S JUST, IT MUST HAVE JUST BEEN HIDDEN UNDERNEATH THE, OKAY. UH, OPEN TEXT FIELD. OKAY. WE HAVE AGENDA ITEM FOUR C. UH, WE'RE GONNA OPEN PUBLIC HEARING, UH, REGARDING ADOPTION OF A RESOLUTION I PROVING ATTEMPTED THE BUDGET FOR FISCAL YEAR 2023 DASH 24. SO IS THERE ANYBODY HERE WHO WISHES TO, UH, SPEAK? IF NOT, UH, WE'RE GONNA CLOSE THE PUBLIC, UH, HEARING AND WE HAVE A MOTION. VICE MAYOR, I MOVE TO APPROVE RESOLUTION NUMBER 20 23 2 OF THE SEDONA SUMMIT, TWO COMMUNITY FACILITY DISTRICT APPROVING THE TENTATIVE BUDGET FOR FISCAL YEAR 20 23, 24, AND AUTHORIZING PUBLICATION OF THE NOTICE OF PUBLIC HEARING ON THE BUDGET. OKAY. DO I HAVE A SECOND? SECOND COUNSEL, UH, DIRECTOR FOLTZ. OKAY. ALL IN FAVOR SAY AYE. AYE. ANY OPPOSED? OKAY. UH, UNANIMOUS. AND WE'RE DOING A FAVOR. OKAY. WHY DON'T, I DON'T KNOW WHY I TOTALLY DIFFERENT. OKAY. SORRY. NO, THAT'S, THAT'S OKAY. OKAY. AS A FAIRFIELD COMMITTEE, FACILITY DISTRICT BOARD, UH, AGENDA ITEM FIVE, A APPROVAL OF MINUTES, UH, FROM AUGUST 9TH, 2022. DO I HAVE A MOTION I MOVE TO APPROVE THE MINUTES FROM AUGUST 9TH, 2022. SECOND. SECOND. SECOND. OKAY. UH, CAPTAIN, ALL IN FAVOR SAY AYE. AYE. ANY OPPOSED? ALL YES. UNANIMOUS. OKAY. ITEM TWO. AGENDA ITEM FIVE B OPEN PUBLIC HEARING REGARDING THE RESOLUTION OF PROVING THE FISCAL YEAR 20 24 26. YES. IT'S A THREE YEAR FEASIBILITY REPORT. OKAY. UH, DETAILING THE PROPOSED, UH, PROJECTS TO BE FUNDED WITH FAIRFIELD COMMUNITY FACILITY DISTRICT FUNDS AN AUTHORIZED NOTICE OF PUBLIC HEARING ONSET REPORT. SO ANYBODY IN THE AUDIENCE THAT WISHES TO SPEAK, WE'LL OPEN A PUBLIC, UH, HEARING NOBODY IS HERE CLOSE THE PUBLIC HEARING. DO I HAVE A MOTION I MOVE TO APPROVE RESOLUTION NUMBER 2023 DASH ONE OF THE FAIRFIELD COMMUNITY FACILITY DISTRICT APPROVING THE FEASIBILITY REPORT AND AUTHORIZING PUBLICATION OF THE NOTICE OF PUBLIC HEARING ON REPORT. SECOND. OKAY. ALL THOSE, UH, ALL THOSE IN FAVOR SAY AYE. ANY OPPOSED? NAY? THAT'S, [00:10:01] UH, UNANIMOUS. OKAY. OKAY. FIVE C BUDGET. FIVE C. OKAY. OKAY. UM, ALRIGHT. SO AGENDA ITEM FIVE C OPEN PUBLIC HEARING REGARDING ADOPTION OF A RESOLUTION APPROVING THE TENTATIVE BUDGET FOR FISCAL YEAR 2023 DASH 24, UH, PUBLIC HEARING. IS THERE ANYBODY IN THE AUDIENCE WISHES TO SPEAK? SEEING NONE, WE'LL CLOSE A PUBLIC HEARING. I HAVE A MOTION I MOVE TO APPROVE RESOLUTION NUMBER 20 23 2 OF THE FAIRFIELD COMMUNITY FACILITY DISTRICT APPROVING THE TENTATIVE BUDGET FOR FISCAL YEAR 20 23, 24, AND AUTHORIZING PUBLICATION OF THE NOTICE OF PUBLIC HEARING ON THE BUDGET. SECOND. OKAY. SECONDED BY, UH, KATHY. OKAY. ALL IN FAVOR SAY AYE. AYE. AND THE OPPOSED, ALL THAT'S UNANIMOUS. OKAY. UH, FINAL ADOPTION OF 2324 BUDGETS AND PUBLIC INPUT AND FEASIBILITY FOR ARE SCHEDULED, UH, AT A SEPARATE JOINT MEETING. OKAY. THEN WE DO JUST ADJOURNED. OKAY. JUST ADJOURNED. OKAY. WITHOUT A GAVEL. THIS MEETING IS ADJOURNED. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.