Council to take action on Resolution No. 41-25 accepting a Petition, Waiver and Consent for Formation of a Street Lighting Improvement District; declaring its intention to form a Street Lighting Impro
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4.M CITY OF BUCKEYE Regular Council Meeting COUNCIL ACTION REPORT MEETING DATE: 07/01/25 AGENDA ITEM: 4.M. DS – Intention of SLID Formation – Hayden Estates – Resolution No. 41-25 DATE PREPARED: 07/01/25 DISTRICT NO.: 3 STAFF LIAISON: Ron Moll, City Engineer, rmoll@buckeyeazgov, (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 on Resolution No. 41-25 accepting a Petition, Waiver and Consent for Formation of a Street Lighting Improvement District; declaring its intention to form a Street Lighting Improvement District; designating such District as the "City of Buckeye Street Lighting Improvement District No. SLID- 2025-007"; providing for the annual levy of taxes or assessments equally apportioned upon all of the non-public property owners in the District to purchase energy for the lighting of public streets and parks within and adjacent to the District; and ordering the recording and filing of this Resolution. SUMMARY PROJECT DESCRIPTION: Per Resolution No. 41-25, Council to accept a Petition for Formation of a Street Light Improvement District (SLID) for the Hayden Estates subdivision; declare the intention to form a SLID; designate such District as "City of Buckeye Street Light Improvement District No. SLID-2025-007"; provide for the annual levy of taxes or assessments equally apportioned upon all of the non-public property owners within the District to purchase energy for the lighting of public streets and parks within and adjacent to the District; and order recording and filing of this Resolution. BENEFITS: Street Lighting Improvement Districts (SLIDs) and Maintenance Improvement Districts (MIDs) are implemented to maintain a balance between revenue and expenditures, ensuring a high quality of life for residents and property owners within a development without imposing and undue burden upon the broader community. SLIDs specifically fund the purchase of energy (not its generation), ensuring that only those who directly benefit from community lighting bear the associated costs. This structure guarantees consistent funding for these expenses while preventing the City from incurring costs through its Highway User Revenue Fund. FUTURE ACTION: A Resolution creating the City of Buckeye Street Light Improvement District No. SLID-2025-007 follows on the current agenda. 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 2025-007 Petition Hayden Estates- Pulte signature.PDF SLID-2025-007-Hayden Estates-Exhibits.pdf Resolution 41-25 - Intention of SLID Formation - Hayden Estates-2025-0701 (FINAL).pdf