Board of Directors of the Westpark Community Facilities District (City of Buckeye, Arizona) ("the District") to take action on Resolution No. 13-25 approving the assessment and the proceedings heretof

3.D
CITY OF BUCKEYE
Joint Meeting of the Community Facilities Districts
BOARD ACTION REPORT
MEETING DATE: 07/01/25
AGENDA ITEM: 3.D. Resolution No. 13-
25 to Approve the Assessment of
Westpark Community Facilities District
Special Assessment District No. 2
DATE PREPARED: 06/26/25
DISTRICT NO.: Westpark
STAFF LIAISON: Larry Price, Special Districts Manager, lprice@buckeyeaz.gov,
(623) 349-6164
DEPARTMENT: Financial Services
AGENDA ITEM TYPE: CFD Item
ACTION/MOTION: (This language identifies the formal motion to be made by the Council) 
Board of Directors of the Westpark Community Facilities District (City of Buckeye, Arizona) ("the District")
to take action on Resolution No. 13-25 approving the assessment and the proceedings heretofore had
and taken for the Westpark Community Facilities District (City of Buckeye, Arizona); determining the
work has been completed in accordance with the plans and specifications; and ordering the collection of
the amount assessed.
RELEVANT GOALS: 
GOAL 1: Fiscal Wellness and Financial Flexibility and Accountability
SUMMARY
PROJECT DESCRIPTION:
Acquire approximately 16,750 linear feet of public streets (concrete and paving) benefitting real property
projected to include approximately 446 residential lots for single family homes located within the
Westpark CFD.
BENEFITS:
This financing allows the developer, Garrett Development Corp., to be reimbursed for a portion of the
cost of the public infrastructure, while causing the eventual homeowner to be responsible for their
respective share of the cost in the form of a special assessment in the amount of $3,500. Homeowners
may pay the assessment in full on any date or may pay over a period of time in the form of debt service
on the Special Assessment District No. 2 Special Assessment Revenue Bonds, Series 2025.
FUTURE ACTION:
Board to consider Resolution No. 14-25, authorizing the sale and issuance of Special Assessment
District No. 2 Special Assessment Revenue Bonds, Series 2025.
FINANCIAL IMPACT STATEMENT:
N/A
FISCAL YEAR:
2025-2026
Items related to a project or facility location must include an attached vicinity map for Council
Review.
ATTACHMENTS:

RES 13-25 - Westpark CFD SARB Sr. 2025 - Approving Assessment and Ordering Collection (001)
(6.12.25)(6577608.1).docx
Westpark CFD SARB Sr. 2025 - Engineer's Estimated Costs (006)(6.10.25)(6486170.6).pdf
CERT - Westpark SAD 2 SARB Sr. 2025 - Engineer's Cert. (6.23.25)(6585747.1).pdf