HomeMy WebLinkAboutMunicipal Property Corporation - Annual Reports (21) ��: STATE OF ARIZONA C0Rp
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�'' CORPORATION ANNUAL REPORT13114_ 4'46W
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DUE ON OR BEFORE 04/ 18/2000 F Y 9 9-0 0 FILING FEE $ 1 0 . 00
The following information is required by A.R.S.§10-1622&§10-11622 for all corporations organized pursuant to Arizona Revised
Statutes,Title 10. The Commission's authority to prescribe this form is A.R.S.§10-121.A.&§10-3121.A.YOUR REPORT MUST BE
SBMrfTI} N THIS ORIGINAL.FORK Make changes or corrections where necessary. Information for the report should reflect
the current status of the corporation. See instructions for proper format. REFER TO THE INSTRUCTIONS ON PAGE 4.
-0760926-0 t
1. THE TOWN OF ORO VALLEY MUNICIPAL PROPERTY CORPORATION
KATHRYN E CUVELIER
11000 N LA CANADA
ORO VALLEY , AZ 85737
€9.-5 °; j
Business Phone: eq 7 -A56(Ilittipilitine-it'-'-------')
.-...
State of Domicile:A R I ZONA Type of Corporation: NON-PROF I T
2. Arizona Statutory Agent: KATHRYN E CUVELIER
Street Address: 11000 N LA CANADA
(NOT P.O. BOX)
City, State, Zip: ORO VALLEY AZ 85737-
Use
5737-
Use this box only if appointing a new Statutory Agent
ACC USE ONLY _:
._: =:...:: I� _ : . .N $T r or . #####00#00441.#014.
Fee $ -
below
P $ 1, (individual)or We,(corporation or limited liability company) having been designated the nev
Statutory Agent, do hereby consent to this appointment until my removal or resignation pursuan
Reinstate $ to law.
.
Resubmit Signature of new Statutory Agent
3. Secondary Address:
(Foreign O rations-are
REQUIRED : e
th )
4. Check the one category below which best describes the CHARACTER OF BUSINESS of your corporation.
BUSINESS CORPORATIONS NON-PROFIT CORPORATIONS
1.Accounting _20. Manufacturing 1. _ Charitable
_ 2.Advertising _21. Mining 2. _ Benevolent
_ 3.Aerospace _22. News Media 3. _ Educational
4.Agriculture -23. Pharmaceutical 4. _ Civic
5.Architecture _24. Publishing/Printing 5. _ Political
_ 6. Banking/Finance _25. Ranching/Livestock 6. _ Religious
7. Barbers/Cosmetology _26. Real Estate 7. _ Social
_ 8. Construction _27. Restaurant/Bar 8. _ Literary
_ 9.Contractor 28. Retail Sales 9. _ Cultural
_10. Credit/Collection _29. Science/Research 10. _ Athletic
_11. Education _30. Sports/Sporting Events 11. _ Science/Research
12. Engineering 31. Technology(Computers) 12. _ Hospital/Health Care
_13. Entertainment _32. Technology(General) 13. _ Agricultural
_14.General Consulting _33. Television/Radio 14. _ Animal Husbandry
_15.Health Care _34. Tourism/Convention Services 15. _ Homeowner's Association
16. Hotel/Motel -35. Transportation 16. _ Professional,commercial
_17. Import/Export _36. Utilities industrial or trade association
_18. Insurance _37. Veterinary Medicine/Animal Care 17. _ Other
19. Legal Services _38. Other
Page 2
5. CAPITALIZATION:(Business.Corporations :n .- sintsTrus are REQUIREDREQUIREDIO complete this=section.:-
Business trusts must indicate the number of transferable certificates held by trustees evidencing their beneficial interest in
the trust estate. (If no changes since last report, check here and go on to Section 6.)
Number of Shares/Certificates Authorized Class Series Within Class (if any)
Number of Shares/Certificates Issued Class Series Within Class (if any)
6.SHARER LDERS: usiness Corrat ons and Business Trusts are RgapiRgato complete this=Sermon)
List shareho, ers holding more than 20% of any class of shares issued by the corporation, or having more than a 20%
beneficial interest in the corporation.
Name: Name:
NONE ri
Name: Name:
7. OFFICERS (If no changes since last report, check here and go on to Section 8.)
STEVE LUCAS
Name: Name:
PRES I DENT/CEO
Title: Title:
Address: Address:
ORO VALLEY, A9 85737-7029
Date takingoffice: 01/08/1997 Date takingoffice:
WENDELL CHEEK D-ENNt r not � , — —•
e.,:+y6Lwo
Name: Name:
SECRETARY TREASURER
Title: Title: ,
Address: Address:
ORO VALLEY, AZ 85737-951+3 ORO VALLEY, AZ 85737-
. 12/18/1995 �-� -coq
Date to in office Date taking office. 7 / 1
8. DIRECTORS (If no changes since last report, check here and go on to Section 9.) _
13Yrs
WENDELL CHEEK Ve4A,no
Name: Name:
Address: Address:
ORO VALLEY, AZ 85737-951+3 ORO VALLEY, AZ 85737-
12/18/1995
5737-
12/18/1995
Date taking offce: 347-6)9
Date takin office:
STEVE LUCAS
Name: Name:
Address: Address:
ORO VALLEY, AZ 85737-7029
01/08/1997
Date taking office: Date taking office:
TOWN OF ORO VALLEY MUNICPAL PROPERTY CORPORATION
FILE NUMBER 0760926-0
FISCAL YEAR 1998/99
BALANCE SHEET
ASSETS
Current Assets:
Cash $ 8,625,849
Trade notes and accounts receivable
(less allowance for bad debts 702,841
Inventories
Other current assets -
Total Current Assets $ 9,328,690
Land, buildings and other fixed assets
(net of accumulated depreciation) 26,086,096
Other assets 931,061
Total Assets $ 36,345,847
LIABILITIES
Current Liabilities:
Accounts Payable $ 1,280,582
Mortgages, notes, bonds (payable in less than 1 year) 1,100,018
Other current liabilities 151,484
Total Current Liabilities 2,532,084
Mortgages, notes, bonds (payable in more than 1 year) 30,466,034
Fund Balances:
Restricted
Unrestricted 3,347,729
Total Fund Balances 3,347,729
Total Liabilities and Fund Balances $ 36,345,847
Please Enter Corporation Name: Page 3
9. FINANCIAL DISCLOSURE(A.R.S.§§10-1622.B& 10-11622.A.9)
Only nonprofit corporations must attach a financial statement (balance sheet including assets, liabilities and equity). All other forms of
corporations are exempt from filing a financial disclosure.
9A. MEMBERS (A.R.S.§ 10-11622.A.6) 0
This corporation does ❑ does not El have members.
10. CERTIFICATE OF DISCLOSURE(A.R.S.§§10-1622.A.8& 10-11622.A.7)
Has ANY person serving either by election or appointment as an officer, director,trustee, incorporator and person controlling or holding more
than 10%of the issued and outstanding common shares or 10%of any other proprietary, beneficial or membership interest in the corporation
been: [Underlined portion pertains to profit corporations only]
1. Convicted of a felony involving a transaction in securities, consumer fraud or antitrust in any state or federal jurisdiction within the seven
year period immediately preceding the execution of this certificate?
2. Convicted of a felony,the essential elements of which consisted of fraud, misrepresentation,theft by false pretenses or restraint of trade
or monopoly in any state or federal jurisdiction within the seven year period immediately preceding execution of this certificate?
3. Or are subject to an injunction,judgment, decree or permanent order of any state or federal court entered within the seven year period
immediately preceding execution of this certificate where such injunction,judgment, decree or permanent order involved the violation of:
(a)fraud or registration provisions of the securities laws of that jurisdiction, or
(b)the consumer fraud laws of that jurisdiction, or
(c)the antitrust or restraint of trade laws of that jurisdiction?
One boxiinust .: ar YES El NO El
If"YES",the following information must be submitted as an attachment to this report for each person subject to one or more of the actions stated
in Items 1. through 3. above.
1. Full name and prior names used. 5. Date and location of birth.
2. Full birth name. 6. Social Security Number
3. Present home address. 7. The nature and description of each conviction or judicial action;the
4. Prior addresses(for immediate date and location;the court and public agency involved, and the file
preceding 7 year period). or cause number of the case.
11.STATEMENT OF BANKRUPTCY (A.R.S.§§10-202.D.2& 10-3202.02)
Has ANY person serving either by election or appointment as an officer, director,trustee,incorporator and person controlling or holding more
than 20%of the issued and outstanding common shares or 20%of any other proprietary, beneficial or membership interest in the corporation
served in such capacity or held a 20%interest in any other corporation during the bankruptcy, receivership, or charter revocation of the other
corporation? [Underlined portion pertains to profit corporations only]
One p must be.marked: YES El NO El
AYES;ent ' Chapter Date Filed Case Number
t 'VES...:,the following-: fir a n-must# subtnitted anattachment• • to:# s r rt for each rsor su b : -t a moment above.
•
•
1 The names A-ci ad esses of each, n:: tt - ::_: ::.: d. 2 T s :;n= _ on:_was A)
incgrporatect.bgranSacted b s. ) e =-oftorpprate•A)peratirtik
12.SIGNATURES
CAUTION: Annus a i-must-:: .. ...._: a� a.._:.._u_... uth.--.-._--. d o....ffi....cer. Annual eper_.s...-ut itted
Witt1
Signattites]will be rejected,
I DECLARE,UNDER PENALTY OF LAW,THAT ALL CORPORATE INCOME TAX RETURNS REQUIRED BY TITLE 43 OF THE ARIZONA
REVISED STATUTES HAVE BEEN FILED WITH THE ARIZONA DEPARTMENT OF REVENUE.
I further declare under penalty of law that I(we)have examined this report and the certificate, including any attachments,and to
the best of my(our)knowledge and belief they are true,correct and complete.
Name Steve Lucas Date// /140)00 Name •„ - ..• Date /
Signature Signature f/ _,�
Title PRE TDENT Title treasurer
(Signator(s)must be duly authorized corporate officer(s)listed in section 7 of this report)
Annual Report Instruction Sheet Page 4
This instruction sheet contains information about the annual reporting process for corporations doing business in Arizona.
Every corporation in Arizona must submit an Annual Report to the Corporations Division of the Arizona Corporation
Commission once a year. This is the only notice and form you will receive. Corporations must use this Annual Report Form
prescribed and furnished by the Arizona Corporation Commission. No other form or format is allowed. The
Commission's computerized imaging system cannot work with other forms or formats. IMPORTANT: This Annual Report
must be correctly filled out and submitted by the assigned due date or the corporation may have its authority and operating
status revoked by the State of Arizona. Use the check off boxes on this sheet as you complete the form.
The Corporation Commission has completed the form with information we have available regarding the corporation.
Please verify each line. Strike out incorrect information by drawing a line through the incorrect data. Correct information
should be legibly written above or to the side of the struck, incorrect information.
C7 Section 1. All corporations must state their name, address, zip code, domicile state, and type (e.g., nonprofit, business,
sole, professional, business trust). Please list a business phone number.
11 Section 2. All corporations must state the name and address of the current Statutory Agent for the corporation. Correct
information about the Statutory Agent is vital to the legitimate authority and status of the corporation.The Statutory Agent
must not use a P.O. Box. New Statutory Agents must consent to their appointment by signing the appropriate line. A
corporation must amend their records at the Commission anytime the Statutory Agent is changed or whenever the Agent's
designated mailing address changes.
C7 Section 3. Foreign (out-of-state/country) corporations must state their known place of business in this state and in the
jurisdiction in which they are incorporated. List the primary address in Section 1, and the secondary address in Section 3.
C7 Section 4. All corporations must check the category that best describes the character of their corporation in the applicable
business or nonprofit corporation area.
11 Section 5. All business corporations must indicate the number of shares which they have authorized,the class and series.
All business trusts must indicate the number of transferable certificates held by trustees.
C7 Section 6. All business corporations must indicate the list of applicable shareholders.
C7 Section 7.Please list all principal officers. All corporations must have at least one duly authorized officer.
O Section 8. Please list all directors. All corporations must have at least one director per A.R.S. §§10-803.A& 10-3803.A.
C7 Section 9. All Nonprofit corporations must file a financial disclosure statement. Nonprofit corporations meet their
obligation by attaching one of the following documents: 1) Their most recent copy of Page 2, Form 99 filed with the
Arizona Department of Revenue; OR 2) A copy of the corporation's Charitable Organization Financial Statement as filed
with the Arizona Secretary of State pursuant to A.R.S. §44-6552; OR 3) A copy of the corporation's Treasurer's
Report/Financial Statement prepared for the current fiscal year; OR 4) A copy of the financial statement prepared for the
corporation's members; OR 5) A statement that the corporation conducted no business in Arizona in the past year. All
other forms of corporations are exempt from filing a financial disclosure. All Nonprofit Corporations must also indicate
whether or not the corporation has members.
C7 Section 10. All corporations must check either YES or NO in the Certificate of Disclosure. Those who check the "YES"
box must supply the attachment required and explained in section 10.
C7 Section 11. All corporations must check either YES or NO in the Statement of Bankruptcy. Those who check the"YES"
box must supply the attachment required and explained in section 11.
O Section 12. All corporations must read the declarations in this section. If they have complied, and if they have completed
the Annual Report,then the applicable officer(s) listed in section 7 must acknowledge by signing the report. ner( )
shall be at least one duly authofized:offer.
C7 Sign& Mail the Check and Annual Report. Business corporations must send $45, Nonprofit corporations$10.
MAKE CHECK PAYABLE TO: ARIZONA CORPORATION COMMISSION
MAIL OR DELIVER TO:
do Annual Reorfs-
p Corporations Division
1300 West Washington or 400 West Congress
Phoenix,AZ 85007-2929 Tucson,AZ 85701-134
Seek professional advice from your accountant, attorney, or other knowledgeable source if you need help with any section.
Business corporations may purchase a copy of the Arizona Business Corporation Act, available from the Corporations Division
at 1300 W.Washington(Phoenix)as a source of information. The Annual Reports Section of the Corporations Division cannot
give legal or tax advice, but you may call them with your other questions regarding this form at(602) 542-3285.
AR:0046
Rev.3/99
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i =i_s aiaiii;;'=_ rinii ,. a ".' .�F.-_: .=:: ...iwl�`_-: :`iEr "' :;: ;i: a%i:" ''" .'_:, .:._ -. .. __. ';.:_. -. .- ,. "AT:: .."'c_._::. "' :" ..�. _:__
Avoid Common Mistakes
• Don't forget to send in the proper fees. Each annual report must be accompanied by the filing fee of $45.00 for
Business/Profit Corporations,$10.00 for Non-Profit Corporations.
• Penalty amounts must be attached if the report is overdue. Penalties begin to accrue the day after the due date,at a rate of
$9.00 per month for Business/Profit Corporations. Penalties are dictated by law(A.R.S. § 10.1622.G). Corporations are
responsible for their own tardiness. Non-Profit Corporations are not required to pay penalties after January 1, 1999.
• Have the correct official(s)sign the third page of the annual report. See the instructions on page four,numbers 7 and 12,of
the annual report form.
• The Certificate of Disclosure must be complete.
• Check your corporation's stated duration to make sure it is not in danger of expiring.
• Make sure the check is properly completed and signed.
• Make sure the form,printed by the Commission,indicates the correct corporate information. Corrections and updates to the
annual report form can be made by striking out incorrect data and neatly writing in corrections.
Follow These Suggestions to Keep Your Corporation from Being Revoked or Administratively Dissolved:
1. If You Move,Tell Us:
Notify the Commission,via letter or FAX(542-0082)of any change to the corporate address. The Commission
is prohibited by law from taking any instruction about the corporate address from the U.S. Postal Service. Mail
from the Commission cannot be forwarded. A.R.S. §§10-501, 10-1507, 10-3501 & 10-11507 require that all
Corporations maintain a current address with the Commission. Corporations with undeliverable addresses are
subject to revocation/administrative dissolution by the Commission. Letters stating corporate address changes
are given top priority by the Commission,while changes on Annual Reports are subject to review and the
Division's backlog.
2. If Your Statutory Agent Moves,Tell Us:
Again,statutes require that all corporation Statutory Agents keep a current address with the Commission.
3. Know Your Cor oration's Annual Re ort Due Date So That You Can Submit The Re s ort in a Timel
Manner:
All corporations must file an annual report once each year. The new due date for the corporation is printed on the
top,left side of the annual report form. Corporations should receive their pre-printed annual report form
approximately two monthsprior to the corporation's report due date. Contact the Annual Reports Section of
the Corporations Division at 602-542-3285 if your corporation fails to receive an annual report form in
the proper time period. Limited Liability Companies are not required to file an annual report.
4. Use The Annual Report Form Provided by The Commission. Do Not Create Your Own Form-It's
Against The Law
5. Precisely Follow the Directions on Page Four of the Annual Report Form:
Use the checklist.
6. Check our web site regularly(www.cc.state.az.us)for legal updates,instructions,or forms. Additionally,the
Legislature's web site(www.azleg.state.az.us)has the complete text of Title 10(corporation law) and Title 29
(L.L.C. law). Their site also lists bills being considered that effect these two titles.
CARL J.KUNASEK44 � BRIAN C.MCNEIL
CHAIRMAN W i i EXECUTIVE SECRETARY K
JIM IRVIN � '�1z' JOANNE C.MACDONNELL
COMMISSIONER ARIZONA CORPORATION COMMISSION DIRECTOR CORPORATIONS DIVISION
WILLIAM A.MUNDELL
COMMISSIONER
1) QUESTION:Are financial disclosures still required?
ANSWER: Profit corporations no longer need to submit a financial AQUESTIONS
disclosure. Only nonprofit corporations must file financial disclosure
forms. See instructions on page four,section 9 of the Annual Report. ANSWERS:
Note:For the purposes of the Corporation Commission, a corporation's ANNUAL REPORTS
own fiscal year is not relevant if they are no longer required to file a
financial disclosure.
2)QUESTION:Why Can't I Use My Own Form? ANSWER:
Pursuant to§§ 10-121.A.& 10-3121.A, Annual Reports,"...shall be made on the forms that are prescribed and furnished by
the commission." Other forms will not work with our computerized imaging system. In the past,when the Division tried allowing
privately generated forms,too many instances occurred where the public was illegally manipulating the verbiage on the forms(via various
omissions and unauthorized changes). Staff was forced to scrutinize the privately generated Annual Report form word-by-word looking
for illegal substitutions or additions. Incomplete reports were running at over 50%. The errors,problems and delays resulting from the
private forms were enormous. Recent audits of the Corporations Division cited non-commission forms as a major problem and suggested
their elimination. Furthermore,the Commission preprints the majority of the information required of the corporation on the form using
blue ink(for the corporation information)on a black and white form. This system allows corporations to verify commission records and
make changes as necessary. Adjustments to the form are readily apparent. Privately generated forms do not offer the same advantage
because corporations cannot verify the information on file at the Commission. Additionally,the funding from the legislature for the
Corporations Division is not sufficient to implement another form of electronic filing at this time. Extra copies of the annual report form
are available. They can be picked up,mailed or faxed to corporations.
3)QUESTION: THE ANNUAL REPORT FOR OUR CORPORATION WAS RETURNED TO US FOR A CORRECTION.
THE NOTICE STATES WE HAVE 30 DAYS TO MAKE THE CORRECTION. WHAT IF WE PREVIOUSLY HAD AN
EXTENSION? DO WE GET MORE THAN THE 30 DAYS? ANSWER: NO,A.R.S § 10-1622.E & 10-11622.D state the
corrected reports must be"...delivered to the commission within thirty days after the effective date of the notice, [if] it is deemed to be
timely filed." Extensions are only relevant for the initial report filing,not subsequent correction notices. Profit Corporations begin to
accrue penalties pursuant to A.R.S. § 10-1622.G. if the corrections are not made within the 30 day period.
4)QUESTION: WHAT IS THE ANNUAL REPORTS SECTION'S PHONE NUMBER?
ANSWER: Phoenix: (602)542-3285,or FAX(602)542-0082. Tucson: (520)628-6560 or FAX(520)628-6614.
:..:.:.:.:.:...........
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The Arizona Corporation Commission i cion is NOT-affilited-
th The Corporate Co ..liatice Center". Watch
out for their mailing. It ..Annual..�v.��i l+�a► �� ;:�.��m:�i�.r tQ ��� �m�n:�����r�'�:
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REV:7/99
1300 WEST WASHINGTON,PHOENIX,ARIZONA 85007-29291400 WEST CONGRESS STREET,TUCSON,ARIZONA 85701-1347
www.cc.state.az.us-602-542-3135
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30495
TOWN OF ORO VALLEY
11000 N. LA CANADA DR.
ORO VALLEY,AZ 85737
APRIL 11 2000 91-170/1221
DATE
PAY
TO THE
ORDER O F ARIZONA CORPORATION COMMISSION $ 10.00
TEN N 00/100
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DOLLARS in-
Un Bank of America
Bank of America Arizona
Commercial Banking Unit#9155
101 N.First Avenue 4.%`
Phoenix,AZ 85003
FTT E #0760926-0
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