CERT - Floreo at Teravalis SAD 1 SARB Sr. 2025 - Engineer's Cert.(6.23.25)(6585745.1).pdf

City of Buckeye — Joint Community Facilities Districts (2025-07-01)

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6585745.1 
1 
$10,970,000 
FLOREO AT TERAVALIS COMMUNITY FACILITIES DISTRICT 
(CITY OF BUCKEYE, ARIZONA) 
SPECIAL ASSESSMENT DISTRICT NO. 1 
SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025 
 
 
CERTIFICATE OF DISTRICT ENGINEER 
 
EPS Group, Inc. is the District Engineer for Floreo at Teravalis Community Facilities 
District (City of Buckeye, Arizona) (the “District”).  All terms used but not otherwise defined 
herein shall have the meanings assigned in Resolution No. 09-25 (Floreo at Teravalis), adopted by 
the Board of Directors (the “District Board”) of the District on June 17, 2025.  The undersigned, 
an authorized representative acting for and on behalf of the District Engineer, hereby certifies as 
follows: 
 
(1) 
The District Engineer has completed a review of costs incurred for the work 
relating to the Project as provided by Trillium Land Company, LLC (the “Owner”).  The District 
Engineer has taken no responsibility to audit or otherwise independently verify the Owner’s 
reported costs incurred. 
 
(2) 
The District Engineer has reviewed the work relating to the Project solely 
to confirm and approve the Assessment. 
 
(3) 
Based on the District Engineer’s review of the Project and review of the 
Owner’s reported costs incurred, the District Engineer has determined: 
 
(i) 
The Project has been constructed in accordance with the Plans. 
 
(ii) 
The Project benefits all of the residential lots within the Assessment 
District subject to the Assessment. 
 
(iii) 
Based on the Owner’s reported costs incurred, as of the date of the 
District Engineer’s review of the Project, the amount of the Assessment for each residential 
lot is in proportion to the benefit received. 
(iv) 
The work relating to the Project is complete to the extent applicable 
for purposes of the District Board’s final and conclusive confirmation and approval of the 
Assessment. 
 
(4) 
The District Engineer’s review of the Project and review of the Owner’s 
reported costs incurred is not a determination of substantial completion or final acceptance of the 
Project. The City Engineer of the City of Buckeye, Arizona, is solely authorized to make such 
determinations of substantial completion and final acceptance of the Project.

6585745 
 
Dated as of:  June 17, 2025. 
 
 
EPS GROUP, INC. 
 
 
 
 
By:  
 
 
Authorized Representative 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
[Signature Page to Certificate of District Engineer]