east valley
Volume 4 Issue 45 Mesa, AZ
May 22, 2021
Signs point to shift in Valley housing market – maybe BY PAUL MARYNIAK Tribune Executive Editor
H
IN THE BIZ
ome prices aren’t coming down, but sellers’ negotiating power apparently is as the market may be cooling faster than expected, according to the Valley’s leading analyst of the housing market. “Your negotiation power is dissipating at a rapid rate,” the Cromford Report warned sellers in a post last week. “It will take several months of this trend continuing to reach a balanced market, but this no longer looks like such a far-fetched idea.” And if you want to understand one of the factors influencing prices, the Cromford Report offers a suggestion: “Demand from investors for rentals now represents nearly 21% of all home sales.” “The reported intent of buyers has changed significantly over the past year,” it explains. “In Maricopa County, purchases for owner occupation as a primary residence have declined 19.4% between April 2021 and April 2022. Purchases as a second home have declined by 8.1%. In contrast, purchases to turn into a rental have increased by 8.5%.” And it suggests the actual percentage is likely higher, asserting that it’s likely some buyers are not being truthful in stating the reason for the home purchase on the affidavit of value that the state Revenue Department requires on every home transaction. “This is sure to be an undercount,” it states. That affidavit asks the buyer to list Public Notices ............... page 3 © Copyright, 2022 East Valley Tribune
whether the purchase is being made for a primary residence, to rent to someone other than a qualifying family member or as a second home. “Just a cursory inspection shows us that many unscrupulous investors are marking their Affidavits of Value as purchases of a primary residence, no doubt to attract lower taxes,” the Cromford Report states. “It is perjury to enter incorrect information on an Affidavit of Value and each of (USPS 004-616) is published weekly
Mailing Address: 1620 W. Fountainhead Pkwy., Suite 219, Tempe, AZ 85282
(480) 898-6500 Steven Strickbine, publisher Paul Maryniak, executive editor
these documents are notarized. However, we are yet to hear of any government agency taking action to enforce the state laws surrounding Affidavits of Value.” The influence of investors on the rental market has been significant over the last year as real estate investment companies have been paying two, three and even greater times the price of an apartment complex than the seller paid within the last two to five years. Subscriptions are $26 for 2 years, $14 for one year. Periodicals postage paid at Phoenix, AZ 85026.
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Likewise, large and smaller investors also have been buying single-family homes, keeping inventory low as prices climb. But one sign of a sea shift in the market – and the reason for the Cromford Report’s pessimistic message to sellers – is its market index. That index bases short-term forecasts of how balance the market is in 17 Valley municipalities by analyzing the trends in pending, active and sold listings compared with historical data over the previous four years. Values below 100 indicate a buyer’s market, while values above 100 indicate a seller’s market. A value of 100 indicates a balanced market. All 17 cities are cooling quickly and their CMI is dropping 10% or more over the past month. 9 cities have fallen by 20% or more over the last month and one – Queen Creek – by as much as 30%,” the Cromford
Public Notice NOTICE To all persons interested in the estate of F. Thomas Satalowich: The undersigned, Thomas and/or Todd Satalowich, the Co-Trustees under a trust the terms of which provide that the debts of the decedent may be paid by the Trustee upon receipt of proper proof thereof. Please send all claims to PO Box 577, Columbia, MO 65205-9903 All creditors of the decedent are noticed to present their claims to the undersigned within four (4) months from the date of the first publication of this notice or be forever barred. Central Trust Company, on behalf of the CoTrustees. Published: East Valley Tribune May 15, 22, 29, Jun 5, 2022 / 46442
Public Notice IN THE CIRCUIT COURT OF BRADLEY COUNTY, TENNESSEE IN RE: The Adoption of: Wyatt Melvin Maney, DOB: 7/17/2015 JAMES MELVIN MANEY (Father) and wife JESSICA PAJGE KIMSEY. Joint-Petitioners.VS. KATELYN CA THERINE LAWSON. Respondent. DOCKET NO: V-21-586 JUDGE: Sharp. ORDER OF PUBLICATIONS Notice is hereby given that JAMES MELVIN MANEY and JESSICA PAIGE KIMSEY seeks to terminate the parental rights of KATELYN CATHERINE LAWSON a Petition for Termination of Parental Rights and Adoption By a Step-Parent was filed on November 4, 2021 with the Circuit Court of Bradley County, TN, Docket No. V-21-586. Notice is hereby given pursuant to law, to any interested or affected party to appear in said Court on July 25, 2022 at 9:00AM and to file objections to such Petition.
Report said. Still, those markets remain well within what the Cromford Report considers heavily tilted toward sellers in most of those 17 cities. The lowest two are Buckeye,at 188, and Maricopa, at 219, while the two highest are Fountain Hills at 473 and Avondale at 442. Phoenix is at 369 while East Valley submarkets’ rankings are: Mesa, 366; Gilbert, 363; Chandler, 354; and Tempe, 292. Stating that its index as early as May 9 “was the first indicator to sound the alarm about the current market direction,” the Cromford Report adds, “We can now see several other early indicators fall like a sequence of dominoes toppling over.” “Supply is growing in almost all areas thanks to a plentiful and growing flow of new listings, while homes are going under contract at a slower rate than we have
Objections must be filed with the said Court within thirty (30) days of this notice. This Order shall run in the Gilbert Sun Newspaper for no less than 4 consecutive weeks and 30 days prior to the hearing in this matter on July 25, 2022. So Ordered this 3rd day of May, 2022. /s/Judge, J. Michael Sharp Approve for entry by: LOGAN-THOMPSON, P.C. BY: /s/ PHILIP M. JACOBS (BPR#024996) 30 Second Street, PO Box 191, Cleveland TN 37364-0191 (423) 476-2251 pjacobs@loganthompson-law.com Published: Gilbert Sun News/East Valley Tribune, May 15, 22, 29 Jun 5, 2022 / 46594
Monica Granados 523 Nicole Stewart 209 Kierra Debarros 231 Carissa Vigil 536 Sale subject to cancellation in the event of settlement between owner and obligated party. Items sold “as is”, CASH ONLY, and Buyer must pay a security deposit and broom sweep/clean the unit. Go to www.storagetreasures.com to bid on unit(s). Published in the east Valley Tribune on 5/15 & 5/22
Public Notice CITY OF MESA, ARIZONA ENGINEERING DEPARTMENT REQUEST FOR QUALIFICATIONS (RFQ) NOTICE IS HEREBY GIVEN that the City of Mesa is seeking a qualified firm or team to act as the Construction Manager at Risk for the following: SOUTHERN AVENUE AND COUNTRY CLUB DRIVE ROADWAY IMPROVEMENTS SOUTHERN AVENUE AND COUNTRY CLUB DRIVE PROJECT NO. CP0844 The City of Mesa is seeking a qualified Construction Manager at Risk (CMAR) to provide PreConstruction Services assistance and complete Construction Services as the CMAR for the Southern Avenue and Country Club Drive Roadway Improvements Project. All qualified firms that are interested in providing these services are invited to submit their Statements of Qualifications (SOQ) in accordance with the requirements detailed in the Request for Qualifications (RFQ). The following is a summary of the project. The required tasks will be reviewed with the selected CMAR and defined to meet the needs of the project as part of the
Public Notice Advertisement of Sale NOTICE IS HEREBY GIVEN that the under-signed intends to sell the personal property described below to enforce a lien imposed on said property pursuant to the Arizona Self-Service Storage Act, Arizona Statutes 33-1704, Section H, Enforcement of Lien. The Undersigned will sell at public sale by competitive bidding on or after June 24, 2022 at 9:00am using an online auction at www. storagetreasures.com, said property has been stored and located at US60 Self Storage, 1661 S Alma School Rd, Ste 105, Mesa, AZ 85210. Property to be sold as follows: Misc. household goods, personal items, furniture, clothing, toys and/or business fixtures and items belonging to the following: Tenant Name Unit # Robert Kessenich 322 Stacy Koury 417 Giovanni Benitez 806 Mark Larry 614 Giovanni Carusone 206 Marta Colon 505
EAST VALLEY BUSINESS
seen for a long time.” “While all the numbers are low in absolute terms, the 2022 line is shooting skywards like a missile. This tells us that supply is increasing very quickly relative to demand.” Still, it’s too early to say what will happen over the enxt six months, the Cromford Report warns. “I am NOT saying this is going to happen in 2022 and 2023, but I am saying this trend needs to be watched very closely,” it states. “A balanced market will have about 120 to 135 days of inventory and if we get more than 150 days we will be in a buyer’s market, one where prices will tend to fall rather than rise. “My advice is to keep watching days of inventory like a hawk and react appropriately.”
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contract scoping. The estimated project construction budget is $30M including the roadway improvements listed below and easements/right-of-way acquisition. The City anticipates construction to commence in 2024. The proposed improvements are as follows: Southern Ave – Alma School to UPRR/Center Street: • Reconstruct 1.5 miles of existing asphalt roadway and upgrade the intersections, sidewalk ramps, driveways, etc., to ADA and other applicable standards. No widening is anticipated. • Reconstruct traffic signals at Westwood and Country Club Drive intersections including Intelligent Transportation System (ITS) improvements as needed. • Retrofit existing street lights with LED lamps matching existing photometrics and/or add new light pole installations staggered on both sides of street. • Install new 12” main and connect services and hydrants for full length of Southern Avenue. Install new 20” main from Country Club Drive to Center Street. Abandon existing waterlines with exception of 20” CCP west of Country Club Drive. • Replace Gas IP system for full length including services to meter. Replace Gas HP system from Alma School Road to RR tracks. Relocate existing regulator station at southwest corner of Country Club Drive and Southern Avenue. • Upgrade or install new Transit stops. • Coordinate with private utility relocation projects including 12kV and telecom facilities. Country Club Drive – US 60 to
MAY 22, 2022
8 th Avenue: • Reconstruct 1 mile of existing roadway and upgrade the intersections, sidewalk ramps, driveways, etc., to ADA and other applicable standards. No widening is anticipated. • Reconstruct traffic signals at 8 th Avenue intersection including Intelligent Transportation System (ITS) improvements as need-ed. • Replace existing ITS fiber between Southern Avenue and US60 with new 144 count. • Retrofit existing street lights with LED lamps matching existing photometrics and/or add new light pole installations staggered on both sides of street. • US 60 to Southern Avenue Install new parallel 12” water main with new service lines meters and hydrants. Existing 16” CPP water main to remain. Existing 6” water main on west side to remain (with potential minor modifications). Abandon other water mains. Country Club Drive to 8 th Avenue: abandon 8” water line on east side. Install new parallel 12” water main on east side. Connect all service meters services and hydrants on abandoned 8” line to new 12” main. • Southern Avenue to 8 th Avenue: Rehabilitate and/or replace existing 8” 1966 VCP sewer main on east side from 10 th Avenue to 8 th Avenue. Existing 8” VCP Mains from 8 th Avenue to 6 th Avenue to be rehabilitated with CIPP or replaced if recommended by Engineer. Manholes for rehabilitated sewers to be re-paired and coated. • Southern Avenue to 8 th Avenue gas system: replace all gas valves, dig and inspect all gas services. Mesa Electric system improvements at 8 th Avenue intersection. • Upgrade or install new Transit stops. • Coordinate with private utility relocation projects including 12kV and telecom facilities. • Coordination with ADOT as needed. A Pre-Submittal Conference will be held on June 9, 2022 at 7:30 am through Microsoft Teams. If you would like to participate, please send an email to Donna Horn at donna.horn@ mesaaz. gov to request the invitation. At this meeting, City staff will discuss the scope of work and general contract issues and respond to questions from the attendees. Attendance at the pre-submittal conference is not mandatory and all interested firms may submit a Statement of Qualifications whether or not they attend the conference. All interested firms are encouraged to attend the Pre-Submittal Conference since City staff will not be available for meetings or to respond to individual inquiries regarding the project scope outside of this conference. In addition, there will not be meeting minutes or any other information published from the Pre-Sub-mittal Conference. Contact with City Employees. All firms interested in this project (including the firm’s employees, representatives, agents, lobbyists, attorneys, and subconsultants) will refrain, un-der penalty of disqualification, from direct or indirect contact for the purpose of influencing the selection or creating bias in the selection process with any person who may play a part in the selection process. This policy is intended to create a level playing field for all potential firms, to assure that contract decisions are made in
The City of Mesa is seeking a qualified Construction Manager at Risk (CMAR) to provide PreConstruction Services assistance and complete Construction Services as the CMAR for the Transfer Station No. 2 Project. All qualified firms that are interested in providing these services are invited to submit their Statements of Qualifications (SOQ) in accordance with the requirements detailed in the Request for Qualifications (RFQ). This project includes the construction of pump station improvements, located at Transfer Station 2 (TS2). The improvements include replacement of existing pumps, motors, remote terminal units (RTUs), electrical gear, fiber optic line construction, various lighting improvements, a temporary generator connection, site security, site access improvements, and pump protection. The project also includes both the installation of pipe and reconfiguration of site piping. City may include other miscellaneous improvements at the site, as needed. The estimated construction cost is $2,300,000 to 2,400,000. A Pre-Submittal Conference will be held on June 8, 2022, at 8 am through Microsoft Teams. Parties interested in attending should request an invitation from Donna Horn at donna.horn@ mesaaz.gov. At this meeting, City staff will discuss the scope of work and general contract issues and respond to questions from the attendees. Attendance at the pre-submittal conference is not mandatory and all interested firms may submit a Statement of Qualifications whether or not they attend the conference. All interested firms are encouraged to attend the Pre-Submittal Conference since City staff will not be available for meetings or to respond to individual inquiries regarding the project scope outside of this conference. In addition, there will not be meeting minutes or any other information published from the Pre-Submittal Conference. Contact with City Employees. All firms interested in this project (including the firm’s employees, representatives, agents, lobbyists, attorneys, and subconsultants) will refrain, under penalty of disqualification, from direct or indirect contact for the purpose of influencing the selection or creating bias in the selection process with any person who may play a part in the selection process. This policy is intended to create a level playing field for all potential firms, to assure that contract decisions are made in public, and to protect the integrity of the selection process. All contact on this selection process should be addressed to the authorized representative identified below. RFQ Lists. The RFQ is available on the City’s website at http:// mesaaz.gov/business/ engineering/ construction-manager-at-risk-andjob-order-contracting-opportunities. The Statement of Qualifications shall include a one-page cover letter, plus a maximum of 10 pages to address the SOQ evaluation criteria (excluding resumes but including an organization chart with key personnel and their affiliation). Resumes for each team member shall be limited to a maximum length of two pages and should be attached as an appendix to the SOQ. Minimum font size shall be 10pt. Please provide one (1) electronic copy of the Statement of Qualifications in an unencrypted
public, and to protect the integrity of the selection process. All contact on this selection process should be addressed to the authorized representative identified below. RFQ Lists. The RFQ is available on the City’s website at http:// mesaaz.gov/business/engineer-ing/ construction-manager-at-risk-andjob-order-contracting-opportunities. The Statement of Qualifications shall include a one-page cover letter, plus a maximum of 10 pages to address the SOQ evaluation criteria (excluding resumes but including an organization chart with key personnel and their affiliation). Resumes for each team member shall be limited to a maximum length of two pages and should be attached as an appendix to the SOQ. Minimum font size shall be 10pt. Please provide one (1) electronic copy of the Statement of Qualifications no later than 2 pm on June 23, 2022. The City reserves the right to accept or reject any and all Statements of Qualifications. The City is an equal opportunity employer. Firms who wish to do business with the City of Mesa must be registered in the City of Mesa Vendor Self Service (VSS) System ( h tt p : / / m e s a a z . g ov / bu s i n e s s / purchasing/vendor-self-service). Questions. Questions pertaining to the Construction Manager at Risk selection process or contract issues should be directed to Donna Horn of the Engineering Department at donna. horn@mesaaz.gov. BETH HUNING City Engineer ATTEST: Holly Moseley City Clerk Published: East Valley Tribune, May 22, 29, 2022 / 46762
Public Notice CITY OF MESA PUBLIC NOTICE The Mesa City Council will hold a public hearing concerning the following ordinances at the June 6, 2022, City Council meeting beginning at 5:45 p.m. in the Mesa City Council Chambers, 57 East First Street. 1. Ordinance amending the Mesa City Code by re-pealing the existing Title 5, Chapter 14, entitled “Natural Gas Regulations” and adopting as part of Title 5, a new Chapter 14, Sections 1 through 12, entitled “Natural Gas Regulations” related to up-dating the City’s natural gas curtailment regulations, line extension policies, and mirroring recent updates to policies and regulations for other City utilities. (Citywide) Dated at Mesa, Arizona, this 22nd day of May 2022. Holly Moseley, City Clerk Published in the East Valley Tribune May 22, 2022 / 467xx
Public Notice CITY OF MESA, ARIZONA ENGINEERING DEPARTMENT REQUEST FOR QUALIFICATIONS (RFQ) NOTICE IS HEREBY GIVEN that the City of Mesa is seeking a qualified firm or team to act as the Construction Manager at Risk for the following: TRANSFER STATION NO. 2 6450 E. BROWN ROAD PROJECT NO. CP0830PS08
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PDF format to Engineering-RFQ@ mesaaz.gov no later than 2 pm on June 16. The City reserves the right to accept or reject any and all Statements of Qualifications. The City is an equal opportunity employer. Firms who wish to do business with the City of Mesa must be registered in the City of Mesa Vendor Self Service (VSS) System ( h tt p : / / m e s a a z . g ov / bu s i n e s s / purchasing/vendor-self-service). Questions. Questions pertaining to the Construction Manager at Risk selection process or contract issues should be direc-ted to Donna Horn of the Engineering Department at donna.horn@mesaaz.gov. BETH HUNING City Engineer ATTEST: Holly Moseley City Clerk Published: East Valley Tribune, May 22, 29, 2022 / 46740
Public Notice Notice is hereby given that on June 7, 2022, at 11:00 a.m. (CST) a hearing will be held before the Honor-able Sandra Hoglund Hanson of the Second Judicial Circuit Court, State of South Dakota, at the Minnehaha County Courthouse, 425 N. Dakota Avenue, Sioux Falls, South Dakota 57104, for the purpose of terminating parental rights over Baby Boyd, who was born on May 4, 2022, at Monument Health Rap-id City Hospital, Pennington County, South Dakota. Should there be any objection to the termination of parental rights, you must be present at the hearing to note the objection or must have filed an objection with the Minnehaha County Clerk of Courts, 425 N. Dakota Avenue, Sioux Falls, South Dakota 57104 on or before June 6, 2022. Published: East Valley Tribune, May 22, 2022 / 46768
Public Notice NOTICE OF CALL OF ELECTION THE SUPERSTITION FIRE & MEDICAL DISTRICT HEREBY NOTIFIES THE REGISTERED VOTERS OF ALL PRECINCTS WITHIN THE SUPERSTITION FIRE & MEDICAL DISTRICT THAT TWO (2) VACANCIES WILL OCCUR ON THE SUPERSTITION FIRE & MEDICAL DISTRICT FIRE BOARD AT THE GENERAL ELECTIONS ON NOVEMBER 8, 2022. THE LAST DATE FOR CANDIDATES TO FILE PETITIONS FOR THESE POSITIONS IS JULY 11, 2022 AT 5:00 P.M. AT THE PINAL COUNTY ELECTIONS DEPARTMENT, CANDIDATE FILING OFFICE, 31 N PINAL ST, FLORENCE, AZ 85132. THIS ELECTION IS NONPARTISAN. THE LAST DAY TO REGISTER TO VOTE IS OCTOBER 10, 2022. CONTACT THE PINAL COUNTY ELECTIONS DEPARTMENT FOR ANY PARTICULARS CONCERNING THIS ELECTION. Published: East Valley Tribune May 22, 29, 2022 / 46734
MAY 22, 2022
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