Goodyear Council Greenlights $90M Bond, $9.5M Cotton Lane Project, and Fulton Homes Rezone Amid Ballpark Village Momentum

[music] Heat. Heat. Heat. [music] Heat. Heat. Heat. Heat. Hey, heat. Hey, heat. Heat. Heat. [music] Heat. Heat. Heat. [music] Heat. Heat. Heat. Hey, hey, hey. Yeah. How you doing? Hey, how are you? like to call the community facilities district meeting to order for June 22nd, 2026 is joint meeting on the following community facilities districts. One, community facility district general district number one, Palm Valley Community Facilities District number three.

Community Facilities District number one, Wildflower Ranch Community Facilities District, Wildflower Ranch Community Facilities District number two, Cottonflower Community Facilities District, Estraa Mountain Ranch Community Facilities District, uh King Ranch Community Facilities District, Santara Community Facilities District, and Cortina Community Facilities District. Will the district clerk please read the roll call? Let the record reflect that all members are present. Okay, thank you.

Now is the time for members of the public who would like to address the CFD board on any non-aggenda items within the jurisdiction of the board. Any speaker cards? No, chair. Thank you very much. Uh, no speakers. Will the district clerk please read consent agenda items 1 through 11 by title only. Item one, approval of minutes.

Items 2 through 11 adopt resolutions number CFGD number res 2026-206 PV CFD number 3 RES2026-082 CF UD number 1 RES 2026-133 WFR CFD res 2026-96 WFR CFD number two RES 2026-91 Cottonflower RES 2026-088 EMR CFD res 2026 6-177 KR CFD RES2026-063 Centa CFD RES2026-090 Cortina CFD2026-083 Lving upon the assessed valuation of the property within the district subject to advorum taxation a certain sum upon each $100 of assessed valuation sufficient to raise the amounts estimated to be required in the annual budget all for the fiscal year ending the 30th day of June 2027.

Thank you. Any speaker cards? No, chair. Anyone in the audience like to speak? Seeing none, does any on the board wish to remove an item from the consent agenda? Seeing none, let's see. I got a motion and a second up on the board. Yes. Uh go ahead and open it up for a vote. Passes 70. Uh being no further business to discuss this meeting is adjourned and we'll move to our right onto our city council meeting. I guess you start. Welcome to the Goodyear City Council meeting.

We're excited to have you be a part of this important public process. Tonight, you will have the opportunity to address city council on both non-aggenda and agenda items. You must fill out a speaker request card in order to address the city council. The agendas and speaker request cards are located in the back of the council chambers. Please drop your completed card in the tray next to the blank speaker cards.

If the meeting has already begun, please hand it to the city employee at the back of the room. You may check the I do not wish to speak option on the card. This allows you to let council know your opinion without having to speak. In accordance with the Americans with Disabilities Act, please contact a staff member if you need any assistance. Public comment on a non-aggenda item will take place during the citizen comment portion of the evening.

These are items that don't appear on tonight's formal agenda. The city clerk will call your name when it's time for you to speak. At that time, please approach the podium and tell us your name for [music] the record. You'll have a maximum of 3 minutes. The timer is on the screens [music] visible from the podium. Note that you may also choose not to speak if other speakers before you have said what you wanted to say.

Shouting, cheering, and loud noises will not be tolerated, and violators may be removed for disrupting the meeting. Goodyear city council meeting stream live on Facebook, YouTube, X, and online at goodyearaz.gov. Follow the city's social media pages so you don't miss out on all that's happening in Goodyear. Thank you for coming to this meeting and being an active part of your city. And remember, it's a great time to be in good year. Like to call the regular meeting to order. June 22nd, 20 26.

Um, everybody got their calendars marked? Everybody's here. All right. Uh, would you please join Council Member Campbell in the pledge of allegiance and invocation? I pledge allegiance to the flag of the United States of America and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all. Our Father, we thank you for our very many blessings today, especially the opening of Bies, that it went safely and that it was enjoyed by thousands of people.

We appreciate having them here and we just are so grateful that they picked our city. We ask Lord that you be with this council as we deliberate tonight on some very important issues. Give us discernment to make the right them the right decisions that will make people living in good year comfortable and and feel that we are protecting them and their rights. We thank you, Lord, for our first responders, for our police, for our fire, for our military that are serving all over the world.

We ask that you put a hedge of protection around them and keep them safe and bless their families. We ask these in thy name. Amen. Thank you, Ollie. And now is the time for members of the public who wish to address the city council on any non-aggenda item uh within the jurisdiction of Goodyear City Council. Any speaker cards? No, mayor. Okay, thank you. Will the city clerk please read a consent agenda items 1 through 11 by title only? [clears throat] Item one, approval of minutes.

Item two, approval of series 12 restaurant liquor license for Firebirds Woodfired Grill. Item three, approve updated salary range for fire and police command staff. Item four, adoption of public safety personnel retirement system, PSPRS, fiscal year 2027 pension funding policy. Item five, approval of Maricopa Association of Governments MAG project agreement for CIP42026 Estrella Parkway.

Item six, approval of a first amendment to the Master Transit Services Agreement with the Regional Public Transportation Authority RPTA for fiscal year 2027. Item seven, approval of intergovernmental agreement to participate in the West Valley Investigative Response Team. Item eight, adopt resolution number 2026-2526 approving a long-term operating agreement with Arizona Public Service Company for the delivery of brackish water to the Palivvery generating station.

Item 9, adopt resolution number 2026-2527 designating the chief fiscal officer for officially submitting the fiscal year 2027 expenditure limitation report to the Arizona Auditor General.

Item 10, adopt resolution number 2026-2529, directing the City of Goodyear Public Improvement Corporation to defease the outstanding City of Goodyear Public Improvement Corporation Municipal Facilities Revenue Refunding Bonds series 2016A and Municipal Facilities Revenue Refunding Bonds series 2016B, authorizing and providing for the interim finance director or designate to transfer city funds to diffuse and redeem such bonds, authorizing the taking of all other actions.

necessary to the consummation of the transactions contemplated by this resolution and ratifying the actions of all officers and agents of the city and others with respect to the transfer, prepayment, defeasence, and redemption.

Item 11, adopt resolution number, adopt ordinance number 2026-1650, leving upon the assessed valuation of the property within the city of Goodyear subject to primary and secondary taxation a certain lump sum upon each $100 of valuation sufficient to raise the amounts estimated to be required in the annual budget for the purpose of paying various expenses.

to raise the amount estimated to be received from other sources of revenues, providing funds for various bond redemptions for the purpose of paying principal and interest upon bonded indebtness and all for fiscal year ending the 30th day of June 2027. Thank you, city clerk. Anybody on the council wish to remove an item? I had a question or a comment. No question. Go ahead. Comment a comment on aid. I think that's a we talked about it before. I'm really glad to see that going forward.

That'll definitely save the city money. partnering with APS uh for that brackish water. So that's a win-win definitely for us. So um so I appreciate staff working to that looking to Barb and her team looking for more opportunities to be strategic with our water. And then with 10 also another great thing uh that'll save us quite a bit on our debt service.

So I'm glad um our finance department is being creative and also looking to save money on our debt services that then we can reapply to waste money on debt. we can actually use it on uh or interest that we can actually use it on our our general funds. So just just two comments. A lot of great things in here. Just wanted to highlight those two. So thank you. Anything else? Okay, I have a motion and a second up on the board. With that, can you go ahead and open up for the vote? That's 70.

Thank you. Uh let's see. Our first public hearing is to review and consider establishing a special public improvement district area and authorizing cost recovery for CIP projects number 42046 Straa Parkway to Cotton Lane Bridge. Open public hearing. [snorts] Okay. Go ahead and introduce yourself, please, for the public. Good evening, Mayor and Council. Logan Hop, Deputy Director of Engineering.

I'm here [snorts] this evening requesting authorization to establish a special public improvement cost recovery area or cost recovery for the capital improvement project Cotton Lane widening. On the agenda tonight, I'll cover three main topics. First, I'll go over the background of the cost recovery. Then, I'll briefly describe the project scope for the Cotton Lane improvements.

Next, I'll go over the process and the specifics on the cost recovery request, and then I'll end with our staff recommendation. Now, in November last year, we presented on cost recovery for the Camelback widening, but I wanted to briefly go over the background again with you. So, historically, the frontage improvements have been built with each development.

Now that approach has been successful, but it leaves us with the scalloped streets in the city, which are those segments of roads that uh drop lanes or reduce. Now, Cotton Lane is a good example of this. Scalloped street, as you can see in this picture, reduces down from two lanes to one. And to eliminate these scallop streets sooner, the city could advance construction on capital projects and then recover those costs from benefited properties under chapter 24 of the city code.

So essentially, we build the project with capital funds and then those costs are assessed to benefited properties. So there are a few key points on cost recovery I want to touch on. First, we only recover costs that owners would otherwise be required to build when they develop. Second, those amounts are capped at maximum probable costs. Oh, sorry. So, if we deliver the project for less, they only pay the actual construction costs. And finally, payment happens at development.

So, that's typically at the final plat or permitting stage, not today. All right. So, now we'll go over the scope of the project. So, we're widening Cotton Lane from Estraa Parkway to the Cotton Lane Bridge and adding two additional lanes. So, this will expand the current two lanes out there today for four continuous through lanes. Work includes pavement, curb and gutter, signing and marking and drainage improvements and it also includes utility relocations to accommodate that widening.

I also wanted to note that we're going to maintain one lane of through travel in each direction during construction, the same that's out there today. And construction is right around the corner. It's planned to start in August and it will last about 8 months. So, there are 13 benefited parcels that are included in this request for cost recovery as they all have frontage along Cotton Lane.

All 13 parcels are currently undeveloped and 12 of those parcels have the same ownership and one parcel, parcel 9 shown here, is a different entity. So I want to briefly go over the cost recovery process. So first we contract with the design consultant to develop plans in alignment with our city standards. And then once we have about a 30 to 60% design established, we start collaborating with each property owner, which I'll go over more in the next slide.

[snorts] Next, those plans are submitted to the development services team for review and ultimately are approved. And then from there, where we're here today, we take that cost recovery to council and recommend approval. And if council approves, the resolution establishing the special public improvement project area is established. And then next, the project would move into the construction phase.

And then upon completion of construction that cost recovery is updated based on the actual cost not to exceed the maximum probable cost estimate. So now I'll go over some of the collaboration that we've had with the property owners today. [clears throat] So first in October of 2025 we informed the property owners about the project and then the first official notification letter was provided in December 2025.

In the next over several months from February to May, we held meetings and discussions with each benefited property owner which included clarity on the project scope, detailed discussions on the project cost and the cost recovery process. Um, and then in May of this year, we we issued the required 30-day notice ahead of the hearing tonight. So the cost allocation is frontage based as each parcel share is based on the cotton lane frontage.

The detailed par parcel cost breakouts are provided in exhibit one of the resolution. So rather than read each number the total proposed cost recovery across all of the parcels is $9,539,000. Once again, the allocation scale with the frontage. For example, parcel nine shown here with only a small sliver of cotton lane frontage is assessed at $37,000 and the remaining of the parcels account for the balance of that 9.5 million total.

Again, these amounts are capped on the maximum probable cost and will be tred up after the construction is complete. In closing, staff recommends the approval for establishing a public improvement project area and authorizing cost recovery for the Cotton Lane widening project. We're happy to answer any questions you may have at this time. Any speaker cards? No, mayor. Then I'm going to go ahead and close the public hearing. City clerk, please read the resolution number 2026 2530 by title only.

Adopt resolution number 2026-2530 approving and establishing a special public improvement project area that includes properties receiving special benefits from improvements widening Cotton Lane and authorizing the city to recover an allocated share of the costs of the special public improvements from the owners of the benefited properties. Thank you. Will the council please enter a motion and a second resolution 2026 2530? I see a motion and I see a second on the board open for discussion.

First up, Council Member Campbell, can you excuse [clears throat] me, can you please tell me what the properties around the Cotton Lane are all zoned or are they individually zoned? Do you know what the zoning is? I do not know the zoning currently, but they are currently undeveloped in I know they're undeveloped, but what what can they be zoned for or what can be built there? Do you know? Hold on. I I I'll defer to Quian here. Thank you. Thank you.

Those parcels are part of Solstice Foothills and if you'll recall those are those layered zonings. So you'll see a mix of commercial and residential properties along that that frontage or is every even the one that's only has the 37,000? Yes, that is zoned I believe that's owned by um King the King Ranch family just not a part of Solstice Foothills and that's also residentially entitled. Okay.

And then on your um on the the slide that you showed the parcels, would you bring that back up real quick for me? Yes. So Harvard Investment and King Ranch other than nine or does Harvard own all of these? That is correct. Wow. What did what did they the owners say when you met with them? We had a lot of detailed and good discussions with them. um their understanding on the need to move the project and advance that project forward. Um but we had a lot of detailed iterations on those costs. Okay.

And uh are we going to do this bridge or this this alignment of cotton lane before we do the Estrella Bridge down the hill? Mayor Council Member Campbell. Yes. This project will advance in August. Uh the bridge the Australia bridge project will happen towards the end of this year. Okay. So there'll be a slight overlap but this will start first. All right. And can you tell me why we're in a hurry to do this there?

So Cotton Lane exists currently is down to one lane in each direction south of the bridge. And so that does create a pinch point when you get truck traffic and other vehicles moving down there. So so the thought is to have that two lanes in each direction will help that traffic. Okay, that's what I thought. Then when you do put the two lanes in, then it should move the traffic a lot easier in and out of a stray or coming down Cotton Lane. Right. That's correct. It should flow much better. Great.

Thank you, Vice Mayor. Uh somewhat similar question on just timing. So I'm okay with it. I just want to make sure that when we're doing this the next eight months that we're not also doing something blocking traffic on Australia if we can much as possible so that people can that's only there's only really two ways out of their out of Australia. So I make sure they have at least a solid way out. So so make sure that that's going to happen.

So but you said it's not no construction will happen or very small at the very tail end of this eight eightmonth window. Yeah. So mayor uh council member Hampton that's correct. So the good the good part about this project is it's already one lane in each direction out there today and we're widening it. So that traffic throw flow is going to be maintained through construction. Okay. Okay. All right. Thank you, Council Member Terry. Thank you, Mayor. Uh just a quick question.

I know as you get to the roundabout, we're at four lanes currently. So where parcel one, parcel 7 are, that's kind of where this project starts. I assume the expansion there would not um contradict what may or may not happen with the roundabout in future construction over the next 5 or 10 years. Just anything like I I just want to make sure that anything we build now may not be need to be reconstructed or rerouted in the next, you know, 5 to 10 years as has been potentially thought of.

I know that's not final either, but um you know with spending a lot of money to widen roads. Uh is is that correct? Uh mayor, council member Terry, that is correct. So this project does not modify that roundabout. It starts just to the north of it. So there won't be any future projects on the roundabout that would impact this effort. Okay. I I appreciate that. Thank you. That's all. Okay. Thank you. Uh, seeing no further, uh, can we open it up? Passes 70. Thank you.

Uh, next public hearing is to review and consider a reszoning of approximately 156 acres located at the southeast corner of Australia Parkway and Yuma Road for the First Amendment to a second amendment P A. Open public hearing. Please introduce yourself to the public. Good evening, Mayor Pazillo, members of city council. My name is Justin Gabrielson.

I'm a senior planner here at the city of Goodyear, and I'm here before you this evening with a request from Chris Webb to amend a previously approved PA known as Fultton Homes at Bpark Village First Amended. The project is located at the southeast corner of West Yuma Road and South Australia Parkway. is currently zoned P A under the Fton Homes at Ballpark Village first amended P A which encompasses 156 acres of land and has a variety of underlying residential districts.

It's right in the middle of our uh Ballpark Village area with Ballpark Village North to the and Santara to the north of the site, Phoenix Goodyear Airport as well as some potential multif family here to the east of the site, Revolve at Ballpark Village, and The Verge at Ballpark Village to the south of the site, Vlux at Ballpark Village to the west of the site, and the ballpark itself tucked into the corner here.

Currently, the P A does allow for four underlying residential districts with um alley loaded homes as well as forward- facing garage homes. However, the Pad amendment will remove the alley loaded district, make amendments to lot dimensions of an existing district, introduce a new district, as well as make changes to the amenity framework within the site. This is the conceptual plan with the previously approved PA AD compared to the conceptual plan with the amendment.

We're going from three large parks to six parks of varying sizes distributed throughout the site. It also decreases the maximum distance that a resident would need to travel to visit the park that's closest to them. The proposed amendment also maintains the previously required uh pedestrian access points along Bullard Wash, West Yuma Road, Australia Parkway, into the Ballpark area directly. We did hold a neighborhood meeting on April 7th, 2026.

However, no residents attended the neighborhood meeting and I've received zero inquiries regarding the project. Staff recommends to continue with planning and zoning's recommendation of approval with stipulations for the PAD amendment to amend the Fulton Homes at Ballpark Village first amended P A to Fton Homes at Ballpark Village second amended P A.

I also want to call out that the ordinance does contain stipulations that require the development to notify future residents of the noise generating uses in the area, including Luke Air Force Base, Phoenix Goodyear Airport flyovers, as well as the ballpark area and the noise that use generates. To read into those stipulations further, it is stipulation 3 within ordinance 2026 1651. That concludes my presentation. I'm available for questions.

The applicant is also here for questions, but they do not have a presentation. Okay. Thank you. Any speaker cards? No, mayor. All right. Anybody in the audience like to speak? Okay. Seeing none, I'm going to go ahead and close the public hearing. Uh, city clerk, please read ordinance number 2026, 1651 by title only. Adopt ordinance number 2026-651.

Conditionally reszoning approximately 156 acres of property located at the southeast corner of Estraa Parkway and Yuma Road from Fulton Homes at Ballpark V Village village first amended planned area development to Fulton Homes at Ballpark Village second amended planned area development. Thank you. This council will please enter a motion and a second to adopt the ordinance 2026 1651. I see a motion and a second up on the board open for council discussion. First up uh vice mayor. Yeah.

So a couple questions. And so it looks like overall this is making the lot size larger. Is that what we're changing here? Uh that's correct, Vice Mayor Hampton. Um it does decrease the total number of lots um and the total density. Okay. And then the four [clears throat] districts, those are just they're all single family. There's no multif family in here. Correct. That's correct. If I no multif family included. Okay. I'm just verifying that. But yeah. Okay.

I like that they're making it more walkable uh with more parks and I think more space for residents there. Hopefully they can get uh more for their product as well. Do you know when they're thinking about going moving forward with starting this moving dirt at this location? Uh vice mayor, the applicant has expressed to me that they are looking to move as forward as quickly as possible. Um we've already kind of started to look at the preliminary plat um portion as well.

Um this uh product was approved a couple years ago um facing an amendment. So they're eager to get started just as much as we are. Okay, that's all I had. Thank you, Council Member Terry. Thanks, Mayor. Actually, uh I believe that was asked and answered. I was going to ask if my math was correct on the amount of lots. The amendment either increasing or reducing the amount of lots. So, it's making the lots bigger and fewer number of lots overall. Is that correct?

Uh, yes, Council Member Terry, that is correct. That's what I thought I heard. I'm good. Council member Beckles. Um, this um change looks like it's a benefit to the uh people that are going to be living in this area. What What was the driving force for this change? Um so Fton actually uh council member Beckles Fulton actually does have a similar product uh in another jurisdiction that um isn't really performing as well.

Uh so Fulton did conduct a market study um and discovered that the Ali loaded product just isn't selling the way that it used to just isn't a viable option moving forward. um the community that wishes to buy into that type of home can't afford to move into it and the um families that can want to move into a different product, a single story product. So, thank you. Okay, with that, I don't see anything else on the board. Go ahead and open up for uh vote. Thank you. Pass 70.

Uh we have two items on business. So, we'd like to remind council wait for a motion and a second before discussion. Uh, first item is consider approve an IGA with the city of Aenddale for senior services for Goodyear residents. Go ahead and please introduce yourself for the public. Good evening, Mayor and Council. I'm Gene Oslansky. I'm the parks and recreation deputy director and I'm happy to be here with you this evening.

This evening we're here I'm seeking approval of the intergovernmental agreement with the city of Aendel to provide senior services to city of Goodyear residents. Um staff came before council at a work session on March 9th and we shared information about senior services and about our long-standing partnership with the city of Aendell that began in 2014 and that they've been providing our senior services since that time. Our current IGA is set to expire on June 30th.

And because that expiration was coming up, Aendelle reexplored what their cost model was looking like. And they've decided they've moved to a cost per participant funding model. And with that, that has increased the cost moving forward. And it was a significant increase. And that's why it came before council. It's changing from $42,000 a year to $189,000 for FY27. So before you this evening, you do have an IGA that um is a five-year agreement that reflects that new cost model.

This IGA has um it's for the 189 for fiscal year 27. And if we were to continue beyond this first year, you would see a 3% cost increase each subsequent year from there. It's important to note that this uh agreement does have a termination clause. It's a 30-day termination clause. So, this gives us time, as we shared at work session, uh staff is working on some short and long-term solutions to bring back to council in FY27 to discuss with you for what our futures of senior services looks like.

Having the termination clause gives us that flexibility so that we can when we decide what is the best move, we can do that. But it also gives us stability so that we can ensure that our seniors are getting the services that they need and that are very important to them and and their futures. So when we came to work session, we shared there was two milestones to accomplish.

One was to get budget approved and our budget is approved which is great and second was to come before council to get approval of the new IGA which is in front of you. And with that, council, um, I am here to answer any questions. And I'm seeking approval of the IGA with the city of Aendale. And that concludes my presentation. Thank you.

City council, please enter a motion in a second to approve the IGA with the city of Aendale for senior services and provide authorization and direction to myself uh or my designate to take action and execute the documents necessary to carry out the uh intent of the IGA. Do I see a motion and a second? I do see a motion and I do see a second. Open for council discussion. First up, council member Campbell. Gene, can you tell me what the cost per person is? Yes, mayor. Council member Campbell.

Um, we are looking at um a number 76 residents at $2,4856. $2,485. Okay. And is this based on uh attending the senior center 5 days a week, two days a week, one day a week? Unfortunately, Avendell does not track the number of days that our seniors attend. They do track it by how many residents register with them at the beginning of the year. And so this is off our fisc year 25 numbers that they had or excuse me, fiscal year 26 numbers that they had 76 residents register with them for services.

Okay. And has there been any um movement in expanding the meals on wheels delivery for our seniors who need it because they don't they don't serve our whole city. You are correct. The the agreement that is with the city of Aenddale. It is a service area and that service area only extends to Saraveal. The residents that are beyond Sarah do get their mills delivered from area agency on aging aging. Um they're it's more of like a mail order delivery. They get a box of mills that come in.

So our seniors do get those mills, but if you are north of Saraveal, you are not eligible to attend the senior center. No, but we the area agency on aging doesn't send a box to all the seniors. There's just it's usually a grant process and we usually do 10 to 20,000 a year and that's it. And I know there's a lot of seniors that need help right now.

And I'd like us to while we're gonna approve this for a five-year uh agreement, I would hope that we would continue to work on a solution that we might can bring all of our senior services inhouse and feed our own residents. I think we would have a better turnout than 76 because if you go to our rec center, we haveund or more seniors there all the time. So, thank you very much. You're welcome. Thanks, Lonnie. Um, Council Member Beckles, you're up. Yes. I don't have a question.

I just have a statement. And um I hope we continue [clears throat] continue to um I agree that we continue should allow um to meet our seniors needs and while we do plan something for the future for our seniors and that's um I feel very strongly about that. Thank you, Vice Mayor. I have a question on the dollar amount. You said roughly $2,000 per resident. If there's more residents that go, does that price go down or is it $2,000 per each Goodyear resident that comes? It just keeps going up.

They the way the is written that it's $189,000 for fiscal year 27. So, if that resident number was to increase or decrease in the next fiscal year, we're not going to see a cost savings. It it is a set fee of 189,000. And what we'd see if we would continue beyond that, we would see a 3% increase each subsequent year. So if we double it, we get more the word out or people get there more is the same cost. Correct. The price per person goes down the more that we that we would notify people. Okay.

Okay. I was curious. Yeah, I'm okay continuing to always be partnering with Aendelle. Um I think it's a good deal uh overall. I think they provide a lot of good resources as opposed to creating a new thing here. So, um, so yeah, like to continue to partner with them. So, thank you for working hard on this. Thank you, Vice Mayor. Good discussion. I I personally would love to see what we can do internally at some point, a cost to see if we can do it cheaper uh and and serve more.

So, just kind of keep that in the back back of your mind there when that comes to us late in the future. Anything else? With that, let's open up for a vote. passes 70. Thank you. Thank you. Our last item is to consider a resolution authorizing the issuance of a general obligation bonds for storm sewer and [clears throat] drainage street and transportation improvements, public safety and parks and recreation improvements. Uh please introduce yourself to the public.

Good evening, Mayor Pizzillo and members of the council. I am interim deputy director of finance Mayatt Bailey. I am here to propose to issue the general obligation bond series 2026. This evening I will be discussing three items on the agenda associated with the bond issuance particularly with respect to the projects planning of the issuance of the bonds and the timing of the payments.

The purpose of the bond issuance is to fund projects amounting to about $90 million and related to storm sewers and drainage, streets and transportation related projects, improvements on parks, recreation and public safety facilities improvements projects. This slides here list the projects that the bond will be supporting.

The notable projects are um bonds will be issued in about $18 million to fund the McDow road improvements, $14 million will be towards the Bullard Wash project, $38 million on the Indian school improvements projects, and about $37,000 on the fire rescue management facility. Um just to note, staff will be coming back to council for final direction before we we utilize any funds on these projects. The issuance of this bond will exhaust voter authorizations.

We will be utilizing $3.8 million from the 2000 elections, $14 million from the 2004 elections, and utilizing $72 million of authorization from the 2023 elections. After this bond is issued, there will still be over $186 million remainings that voters have authorized. The city was awarded a credit rating from two credit rating agencies. S&P, which is standards and pores, issued a rating of double A+ and Moody's issued a A1 rating.

Both ratings spaces the city's bonds in a highgrade category, making the investment very attractive. The financing plans for the bond issuance will be paid by the secondary property taxes. The council have adopted a financial policy that sets property tax limits to remain at or below $1.74 per 100 assess $100 assessed property value.

This financing strategy is designed to stay within the policy limit to prevent spikes and fluctuations on property taxes and it provides some room and flexibility for future bond issuance if necessary. The estimated interest rate that we hope to obtain is about 5% due to the high grade ratings that the bonds have received with that. With that, staff is available for any questions and my presentation is concluded requesting for approval of issuance of the bonds.

City clerk, please read resolution number 2026 through 2528 by title only. Adopt resolution number 2026-2528 authorizing the issuance, sale and delivery of its general obligation bond series 2026 delegating the authority to approve certain matters with respect to the bonds including determining the method of sale of the bonds. Authorizing the acceptance of a proposal for the purchase of the bonds and awarding the bonds to the purchaser thereof.

Providing for the annual levy of a tax for the re for the payment of the bonds. Authorizing the appointment of a municipal adviser and a bond register, transfer agent, paying agent and depository as applicable. Providing for the disposition of the proceeds of such bonds. Approving the form of the bonds and certain documents relating to and securing the payment of bonds. And authorizing completion, execution, and delivery thereof.

Delegating authority to approve and deem final a form of official statement if applicable. ratifying all actions taken and to be taken to further this resolution and authorizing any necessary budget transfers related to the bonds and the projects financed thereby. Thank you. Uh city clerk and council, please enter a motion and a second to adopt resolution 2026 2528. I see a motion and a second. Just a quick question for you to see if I've got anybody else on here.

Do we take a look at purchasing insurance, try to get the bond rating up to AAA to see if it's more cost effective to pay for that uh to lower the interest rates? The best person to answer that will probably our um financial advisor Janelle Gold with Hilltop Securities. Okay. Welcome Mayor. Um good question.

currently in the market um the major two bond insurance companies carry double A ratings and it was not economical to use insurance on this particular if it was you take a look at it then right yes okay thank you um do we have uh let's see open for discussion I see any questions out there no all right open up for a vote passes 70 thank you uh for turn it over to see if anybody has anything to say and I'll I'll get you in a second right there is is that first of all and I'm I'm sure I may be repeating what council is going to say up here but I really appreciate uh chief police and also chief over fire what you guys did to coordinate the plan over there at BIES uh that you know I was up at night dreaming about what that thing was going to look like when we turned it loose and you did a very great job on that went in there everything was going smooth inside people were moving freely throughout there and I I think uh it's a kudos to our staff and the quality of our staff and the work they did to pull that off and I just want to make sure that uh that is recognized.

I'm sure the others agree with me as well that you did an excellent job. So uh with that I'll start here to the right and go ahead there Bonita. Okay. Yes. I I wanted to give my thank you a huge thank you to really all of the Goodyear staff and especially police and fire. So many of our departments were involved in so many uh different events. We've got Junth, we got Bies, and then we've got the Fourth of July coming up and all of those required lots and lots of coordination.

And I just want to give a big thank you to the staff for all that they do. An old friend of mine used to always say, "It takes teamwork to make the dream work." And you all have definitely made the dream work. Thank you. Uh Laura, anything?

Yeah, it was a monumental day today and certainly there was a lot of uh anticipation about how it went and Goodyear showed very well today and I we're we're really showing as a first class city in the in the state and uh you're right as as everybody said it's the work of all the staff and um very very grateful and it's going to be a lot of fun. We're going to have a lot of visitors. Go ahead. Yeah, I'll pick it back on that. This will be the new normal.

So, but thank you for for coordinating this and we'll see putting us on the map really about what's this going to look like going forward with Bucky. So, but it will be our new normal of this traffic and things like that. So, adapting and being able to accommodate all these new visitors is going to be great going forward here. But just thank you to the team. We did I think we shined. We did really well.

got people in and out which was which was great to show the all of all of Arizona that that we can handle handle that here in Goodyear. Um and then also I went to a couple ribbon cutings this week. Think Tractor Supply um and Live. I saw the the best band called Pants over at Solid Rocks. That was good. And then Junth as well. So So a lot of lot of good things going on. We're still staying busy even though it's hot outside. There's also a lot of events going on.

So, thank you to our staff for all you guys are doing. Thank you, Wally. Well, Buckies was everything I knew it would be because I'm a Texas girl and I've been to many Bies and I've just been waiting for them to open. The neat thing about that, uh, I was absolutely stunned at our entourage. I felt like we were bringing half of Goodyear, but it was not only Goodyear, but it was everybody else, whether you knew him or not, that you you were everybody's best friend.

And so somehow they all got on this bus and they all ended up going to Bies and they all just had a great time. But Buckies went out of their way to provide uh a wonderful I'm going to say open house to say hello to Arizona and we just appreciate Beaver and all of his staff and everything that they did. The only thing I was missing was my Diet Coke. They did not have Diet Coke in the fountain. They had Dr. Pepper, but that was okay.

But anyway, we just thank them so much and we welcome them into the city and I was so excited. I talked to practically everybody that was waiting on someone and they were all Goodyear residents. So, they have hired so many of our residents and we're just so grateful for that because it's it's a great place to work.

But on another note, I'd like to give a shout out to the Goodyear recreation staff, the front desks, the security, the lifeguards, the senior programs, the sever silver sneaker program. Michael Bedell and his folks are running a wonderful, wonderful operation at the at the rec center. And I have not ever heard a complaint about anything there other than they wish that we could open it to more people, which we can't because we it's already too full.

and they wanted more classes put in for the seniors and we can't because we don't have room for them either. But it's just wonderful to see how they interact with the public and they're they're the actual face to Goodyear. There's so many people that never come to a council meeting that never watch us on TV and they don't even know what the city is, but then they meet these kids at the rec center and they just feel so welcome.

And I just want to tell them we appreciate it and thank you very much for it. Vicki. Um, [clears throat] obviously BIES was a huge success. Absolute huge success today. Um, we also attended on Friday for first responders and I could not believe the graciousness that this company showed us in our first responders um that they could come in, they could eat anything they wanted, they could take anything they wanted. In fact, when Joe told me about that, I said, "What? Really?

Anything?" And they did. They were great. They were great to all of us and I don't think I've ever seen a company do that and so that was amazing and I want to give them kudos for that and our first responders deserve it. We know that. But the fact that we don't expect that of course and what they did was amazing. What they did today was amazing. I thank um Chiefs especially um the way you organized that uh getting us there in that what do you call it?

Um caravan caravan whatever you whatever you do. Um, what what is it called? It's a van. Motorcade. Motorcade. That's what it's called. Yes, it's more than a van, Wall-E. But it it's pretty it's pretty awesome. And the fact that all those cops have to be so organized in everything they do. I took a bunch of pictures and of every place they were, every every cross street, every everything. It was amazing to me how they handled it. Kept the traffic at bay. Kept us safe. I appreciate that.

I think I speak for everybody up here. Thank you very much for that. Also, I attended June 10th which I thought was great at Goodyear High School. I think that was awesome. I also think it was awesome um that I I attended something in Phoenix this week for Dress for Success and it was interesting going down there and finding out how much they have come ahead. Laura actually got me involved in that in probably three years ago.

And it's amazing to see what they're doing for women, helping getting women um started that have had to start over or whatever the reason being. Um it's not just about clothing anymore. It's about training. And the training that they're giving these women is amazing. And um what I saw was I couldn't believe. So I I thank them for inviting me to come down and talk to them about that. I also attended um in Phoenix the Diamondbacks game along with the doctors that had to do with pancreatic cancer.

And so we got a lot of education from them and filling us in on what the new thing studies are with pancreatic cancer. And you know pancreatic cancer has been kind of a lost cause up until lately and we're starting to come up with some things that maybe we might be able to I'm not a cure. I'm not saying that, but but there are ways of dealing with it better than before where it was really considered a death sentence. So, we got a lot of education on that, too.

So, I thank them for inviting me to that as well. So, anyway, it was a very productive week, a very busy week, but a very productive week. And I literally loved BIES this morning. Thank you again to fire and police both. Brian, great job. Trey, it's been said. I'll give the city manager my time. Oh, okay. All right. Okay. [laughter] City Manager, what do you have for us?

Well, just well said, mayor and council, thank you for all of your kind words, and I did want to uh just mention again to the staff how appreciative we are of all of their great work. This was a total team effort to pull this off. And I think the entire city did a great job of of showcasing Goodyear. And uh we really appreciate it. Now, we need to have another one of these in another few months, something else. [laughter] Don't I also want to mention just a couple other things.

We mentioned the Junth event. It was a great event. We estimate about 5,000 people attended that event. So very uh great attendance that we had and lots of you were there and thank you for your attendance of that. And just briefly, uh we are planning a drone show on July 4th. Uh we do have the gates open at 6:00. We'll have food vendors, um music, entertainment. The drones are expected to go up around uh in the evening around 8:45 p.m. and that is a free event.

So, we invite all of you and the public to come out to that. Thank you. Thank you. All right. All right. With that, um the next meeting is July 6, 2026. No further business. This meeting is over.