NOTICE OF REGULAR JOINT MEETING

OF THE BOARD OF DIRECTORS OF THE TOWN OF CAREFREE UTILITIES COMMUNITY FACILITIES DISTRICT AND THE BOARD OF DIRECTORS OF THE CAREFREE WATER COMPANY, INC.

WHEN: TUESDAY, NOVEMBER 1, 2011 WHERE: CAREFREE TOWN HALL COUNCIL CHAMBERS

TIME: 4:30 P.M.

Pursuant to A.R.S. Section 10-822, notice is hereby given of the time, place and purposes of a

meeting of the Board of Directors of Town of Carefree Utilities Community Facilities District and

the Board of Directors of the Carefree Water Company, Inc., an Arizona corporation, to be held on

Tuesday, November 1, 2011 at 4:30 p.m. at the Carefree Town Hall Council Chambers at 100 Easy

Street, in Carefree.

The Agenda for the meeting is as follows:

Call to Order, Silent Roll Call

AGENDA

ITEM #1- Discussion and possible action regarding Minutes of September 13, 2011

ITEM #2- Discussion and possible action regarding financial report.

ITEM #3- Operations Report

A. Water supply and condition.

ITEM #4- Discussion and possible action regarding 2010-2011 Fiscal Year audit.

ITEM #5- Discussion and possible action regarding semi-annual Board meetings

ITEM #6- Customer Issues

ITEM #7- Call to the Public: Consideration and discussion of comments and complaints from

the public. Pursuant to Section 2-4-7 G of the Town Code and ARS 38-431.01(H),

those wishing to address the Board need not request permission in advance. Action

taken as a result of public comment will be limited to directing staff to study the

matter or rescheduling the matter for further consideration and decision at a later

date. The public may address the Board on any matter not on the agenda. At the

conclusion of an open call to the public, individual members of the public body may

respond to criticism made by those who have addressed the public body, may ask

staff to review a matter or may ask that a matter be put on a future agenda; however,

the Board may not take action at this time. Please limit your comments to not more

than 3 minutes.

ITEM #8- Announcements

ITEM #9- Adjournment.

DATED this 8th day of September, 2011.

UCFD/CWC

Elizabeth L. Wise, Clerk

Items may be taken out of order.

FOR SPECIAL ACCOMMODATIONS

Please contact the Clerk, 8 Sundial Circle (PO Box 740), Carefree, AZ 85377; (480)

488-3686, at least three working days prior to the meeting if you require special

accommodations due to a disability.