Council to take action Resolution No. 58-25 ordering the work as described in Resolution No. 57- and forming City of Buckeye Street Lighting Improvement District No. SLID-2025-003; and ordering the re
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4.H CITY OF BUCKEYE Regular Council Meeting COUNCIL ACTION REPORT MEETING DATE: 09/02/25 AGENDA ITEM: 4.H. DS – SLID Creation – Yuma & Verrado Storage and Retail - Resolution No. 58-25 DATE PREPARED: 08/28/25 DISTRICT NO.: 2 STAFF LIAISON: Ron Moll, City Engineer, rmoll@buckeyeaz.gov, (480) 997-1702 DEPARTMENT: Development Services AGENDA ITEM TYPE: Consent Agenda Items / New Business ACTION/MOTION: (This language identifies the formal motion to be made by the Council) Council to take action Resolution No. 58-25 ordering the work as described in Resolution No. 57-25 and forming City of Buckeye Street Lighting Improvement District No. SLID-2025-003; and ordering the recording and filing of this Resolution. SUMMARY PROJECT DESCRIPTION: Per Resolution No. 58-25, this request is for the creation of a Street Lighting Improvement District (SLID) No. SLID-2025-003 for the Yuma & Verrado Storage and Retail project and ordering the recording and filing of this Resolution. BENEFITS: Both Street Lighting Improvement Districts (SLIDs) and Maintenance Improvement Districts (MIDs) provide for the benefit of ensuring that there is a balance of revenue and expenditures to provide for the quality of life for the residents/owners of a particular development without an undue burden upon the existing community. SLIDs ensure that only owners that benefit from the lighting in their community pay for that service. Having the costs of street lighting within a SLID borne by the owners in a development ensures that the revenue needed to fund these costs is always in place. FUTURE ACTION: A budget and further Council action will take place at the beginning of the next fiscal year to implement this District. FINANCIAL IMPACT STATEMENT: N/A Items related to a project or facility location must include an attached vicinity map for Council Review. ATTACHMENTS: SLID 2025-003 Petition Yuma & Verrado Storage and Retail - Fully Executed.pdf SLID 2025-003 Exhibits Yuma & Verrado Storage and Retail.pdf Resolution 58-25 Creation SLID-2025-003 Yuma @ Verrado.pdf