Superstition Vista Community Facility District approves assessment for new residential project

The Superstition Vistas Community Facilities District No. 1 convened on April 15, 2025, to discuss key developments regarding Assessment Area 5. The meeting, led by Chairman Zach Sakas, focused on the feasibility report related to the ongoing radiance project being developed by Doctor Horton. This project involves the formation of a new assessment area comprising 172 residential lots, each assessed at $5,000, totaling $860,000 in bonds.

Chairman Sakas opened the public hearing, inviting comments on the feasibility report. No public input was received, leading to the closure of the hearing without any motions. The board then proceeded to discuss two resolutions related to the assessment area.

The first resolution, numbered 2025-1, aimed to approve the feasibility report, confirming that the improvements, including the construction of Davis Drive, had been accepted as complete by the city. The board unanimously approved this resolution, affirming the intention to finance the necessary public infrastructure projects.

The second resolution, numbered 2025-2, involved the approval of an assessment diagram and the levying of assessments for the 172 lots. This resolution also received unanimous support from the board, ensuring that the future residents would benefit from the improvements for which they are being assessed.

Both resolutions were passed without opposition, marking a significant step forward for the development in Superstition Vistas. The meeting concluded with the board confirming a quorum for the next session, indicating ongoing governance and oversight of the district's projects.