NOTICE OF JOINT MEETING OF THE BOARD OF DIRECTORS OF
THE TOWN OF CAREFREE, AZ UTILITIES COMMUNITY FACILITIES DISTRICT AND THE BOARD OF DIRECTORS OF THE CAREFREE WATER COMPANY, INC.
WHEN: TUESDAY, JULY 27, 2021
WHERE: ZOOM ONLINE*
TIME: 4:00 P.M.
Pursuant to A.R.S. § 10-822, notice is hereby given of the time, place and purposes of a meeting of the Board of Directors of the Town of Carefree, Arizona Utilities Community Facilities District and the Board of Directors of the Carefree Water Company, Inc., an Arizona corporation.
Members of the Board of Directors are participating by technological means or methods pursuant to A.R.S. §10-708.
CALL TO ORDER
SILENT ROLL CALL
AGENDA
ITEM #1 PUBLIC HEARING on the Feasibility Report for projects to be financed through the issuance of Water System Revenue Bonds, Series 2021, for the Town of Carefree, Arizona Utilities Community Facilities District.
ITEM #2 Review, discussion, and possible action regarding District Resolution 2021-11 approving the Feasibility Report for certain projects; authorizing the sale and issuance of Water System Revenue Bonds, Series 2021; prescribing certain terms and conditions of such Bonds; approving the form and authorizing the execution and delivery of necessary related documents and an official statement; delegating the determination of certain terms of such Bonds and matters related thereto to District officials and authorizing the taking of all other actions necessary to consummate the transactions contemplated by this Resolution including actions by the District as the sole shareholder of the Carefree Water Company, Inc. in securing payment of the Bonds.
ITEM #3 Review, discussion, and possible action on Water Company Resolution 2021-12 authorizing and approving a pledge of, lien on, and security interest in, the net revenues of the Water System in connection with the issuance and sale of Town of Carefree, Arizona Utilities Community Facilities District Water System Revenue Bonds, Series 2021; and authorizing and approving the execution and delivery of certain agreements and instruments related thereto.
ITEM #4 Adjournment.
DATED this 21st day of July, 2021.
UCFD/CWC
By: Kandace French Contreras
Kandace French Contreras, Secretary
Items may be taken out of order
*Due to the risks to public health caused by the possible spread of the COVID-19 virus at public gatherings, it has determined that public meetings will be indefinitely held through technological means. Meetings will be also open to the public through technological means. In reliance on, and compliance with, the March 13, 2020 Opinion issued by Attorney General Mark Brnovich, the Carefree Water Company provides this special advance notice of the technological means through which public meetings may be accessed. While this special notice is in effect, public comment at meetings will only be accepted through written submissions, which may or may not be read aloud during meetings.
Join Zoom Meeting:
Click on the following link or cut and paste it into your browser:
https://us02web.zoom.us/j/3229729660
Or go to https://www.zoom.us/join Meeting ID: 322 972 9660
A password is not required.
By phone:
Please call 1-253-215-8782
THE TOWN OF CAREFREE, AZ UTILITIES COMMUNITY FACILITIES DISTRICT AND THE BOARD OF DIRECTORS OF THE CAREFREE WATER COMPANY, INC.
WHEN: TUESDAY, JULY 27, 2021
WHERE: ZOOM ONLINE*
TIME: 4:00 P.M.
Pursuant to A.R.S. § 10-822, notice is hereby given of the time, place and purposes of a meeting of the Board of Directors of the Town of Carefree, Arizona Utilities Community Facilities District and the Board of Directors of the Carefree Water Company, Inc., an Arizona corporation.
Members of the Board of Directors are participating by technological means or methods pursuant to A.R.S. §10-708.
CALL TO ORDER
SILENT ROLL CALL
AGENDA
ITEM #1 PUBLIC HEARING on the Feasibility Report for projects to be financed through the issuance of Water System Revenue Bonds, Series 2021, for the Town of Carefree, Arizona Utilities Community Facilities District.
ITEM #2 Review, discussion, and possible action regarding District Resolution 2021-11 approving the Feasibility Report for certain projects; authorizing the sale and issuance of Water System Revenue Bonds, Series 2021; prescribing certain terms and conditions of such Bonds; approving the form and authorizing the execution and delivery of necessary related documents and an official statement; delegating the determination of certain terms of such Bonds and matters related thereto to District officials and authorizing the taking of all other actions necessary to consummate the transactions contemplated by this Resolution including actions by the District as the sole shareholder of the Carefree Water Company, Inc. in securing payment of the Bonds.
ITEM #3 Review, discussion, and possible action on Water Company Resolution 2021-12 authorizing and approving a pledge of, lien on, and security interest in, the net revenues of the Water System in connection with the issuance and sale of Town of Carefree, Arizona Utilities Community Facilities District Water System Revenue Bonds, Series 2021; and authorizing and approving the execution and delivery of certain agreements and instruments related thereto.
ITEM #4 Adjournment.
DATED this 21st day of July, 2021.
UCFD/CWC
By: Kandace French Contreras
Kandace French Contreras, Secretary
Items may be taken out of order
*Due to the risks to public health caused by the possible spread of the COVID-19 virus at public gatherings, it has determined that public meetings will be indefinitely held through technological means. Meetings will be also open to the public through technological means. In reliance on, and compliance with, the March 13, 2020 Opinion issued by Attorney General Mark Brnovich, the Carefree Water Company provides this special advance notice of the technological means through which public meetings may be accessed. While this special notice is in effect, public comment at meetings will only be accepted through written submissions, which may or may not be read aloud during meetings.
Join Zoom Meeting:
Click on the following link or cut and paste it into your browser:
https://us02web.zoom.us/j/3229729660
Or go to https://www.zoom.us/join Meeting ID: 322 972 9660
A password is not required.
By phone:
Please call 1-253-215-8782
FOR SPECIAL ACCOMMODATIONS
Please contact the Town Clerk, 8 Sundial Circle (PO Box 740), Carefree, AZ 85377; (480) 488-3686, at least three working days prior to the meeting if you require special accommodations due to a disability.
Please contact the Town Clerk, 8 Sundial Circle (PO Box 740), Carefree, AZ 85377; (480) 488-3686, at least three working days prior to the meeting if you require special accommodations due to a disability.
