Buckeye City Council Workshop Meeting 5-5-2026

The Buckeye City Council Workshop Meeting held on May 5, 2026, included a public hearing by the Board of Directors of the Festival Ranch Community Facilities District (CFD) regarding the formation of Special Assessment District number 15. This district aims to finance public infrastructure improvements, specifically 8,000 linear feet of paving and concrete on Beardsley Parkway, through the issuance of special assessment revenue bonds totaling approximately $2.7 million. The assessment will be collected via property tax bills over 20 years, with an annual assessment of $427 per lot for 546 lots benefiting from the improvements. The council also approved a resolution allowing staff to swap out final plat legal descriptions to facilitate accurate assessment billing, ensuring timely recording and avoiding additional costs for the developer. The consent agenda, including this resolution, was unanimously approved by the board.