District Approves Amendment to Development Financing Agreement
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Description
The Superstition Vistas Community Facilities District No. 1 approved Resolution SVCFD1 2026-005, amending its development and financing participation agreement with counsel support from Greenberg Traurig. The amendment adjusts tax rates, raises maximum lot assessments, and extends the infrastructure payment period.
Contract Details
Vendor
GREENBERG TRAURIG
Agency
City of Apache Junction, AZ
Contract Type
LEGAL
Document Date
April 21, 2026
Renewal Info
First Amendment to the existing District Development, Financing Participation, Waiver and Intergovernmental Agreement was approved; future changes to assessments will still require CFD Board approval.
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