Council to take action on Resolution No. 42-25 ordering the work as described in Resolution No. -25 and forming City of Buckeye Street Lighting Improvement District No. SLID-2025-007; and ordering the
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4.N CITY OF BUCKEYE Regular Council Meeting COUNCIL ACTION REPORT MEETING DATE: 07/01/25 AGENDA ITEM: 4.N. DS – SLID Creation – Hayden Estates - Resolution No. 42-25 DATE PREPARED: 07/01/25 DISTRICT NO.: 3 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 on Resolution No. 42-25 ordering the work as described in Resolution No. 41-25 and forming City of Buckeye Street Lighting Improvement District No. SLID-2025-007; and ordering the recording and filing of this Resolution. SUMMARY PROJECT DESCRIPTION: Per Resolution No. 42-25, this request is for the creation of a Street Light Improvement District (SLID) No. SLID-2025-007 for the Hayden Estates subdivision and ordering the 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 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 PULTE EXCUTED HAYDEN ESTATES.PDF Resolution 42-25 - SLID Formation - Hayden Estates 2025-0701 (FINAL).pdf