Abilene Station Metropolitan District 2

The Board meeting addressed several administrative matters, including required disclosures of potential conflicts of interest, confirmation of quorum, and confirmation that meeting notice requirements were met, noting the meeting was held virtually. The Board approved the agenda as amended and received no public comment. Key actions included adopting a resolution establishing regular meeting dates for 2025, authorizing the renewal of the District's insurance coverage, worker's compensation, and Special District Association (SDA) membership for 2025, and authorizing Public Alliance, LLC to provide website accessibility services. Administratively, the Board directed compliance with District Transparency Notice requirements for 2025. In financial matters, the Board ratified claims for the period ending September 30, 2024, accepted the unaudited financial statements for the same period, and directed the filing of a Corrected Application for Exemption from Audit for 2023. Public hearings were held to amend the 2024 Budget, which was subsequently adopted, and to consider the 2025 Budget, which was also adopted, including setting mill levies and authorizing necessary certifications. The Board also directed the preparation of the 2026 Budget and filed an Application for Exemption from Audit for 2024. Legal matters involved adopting a resolution calling the May 6, 2025 Election for Directors and ratifying service agreements for graffiti removal and routine pond maintenance. Furthermore, Change Order No. 1 to the Service Agreement for District Management Services was approved, and reimbursement of excess general funds to Abilene Station LLC was authorized. Under manager matters, the Board approved the service agreement for Landscape and Pond Maintenance Services with Roberts Treescaping, LLC d/b/a RTS Landscaping, and received an update on the status of development and construction outlook.

The resolutions primarily focus on the adoption of the budget and the setting of mill levies for the Abilene Station Metropolitan District No. 1. The budget covers the general fund, which provides for operating and maintenance expenditures. Key revenue sources include property taxes. The mill levies are determined to balance the budget for general operating expenses, with specific allocations for general obligation bonds, contractual obligations, capital expenditures, and refunds/abatements. The resolutions authorize the certification of these mill levies to the Board of County Commissioners of Arapahoe County, Colorado.

The meeting addressed potential conflicts of interest, the cancellation of the May 5, 2020 election, and the appointment of officers. The Board discussed and resolved to hold regular meetings in 2021. Further discussions covered financial matters, including unaudited financial statements, payment of claims, and public hearings on the 2020 and 2021 budgets. The Board also considered a proposed bond issuance, approved the use of Bill.com, and discussed legal matters related to the ownership and maintenance of District infrastructure, including the transfer of Tract A and an Intergovernmental Agreement with the City of Aurora. The meeting also covered the District Manager transition.

The Board addressed potential conflicts of interest, confirmed the meeting's quorum and location, and designated a 24-hour posting location for meeting notices. The May 3, 2022, Regular Election results were discussed, noting the cancellation due to an insufficient number of candidates. Officers were appointed, and the 2021 audit proposal from BiggsKofford, P.C. was approved. Discussions also covered a proposed bond issuance, a contract for the "Ice Jam" Seating Sculpture, and a Facilities Acquisition Agreement. The Board acknowledged the Bargain and Sale Deed for Tract A and an update to the property schedule. The scope of services for a Landscape Management Contract with Landwise, LLC was approved. The meeting was adjourned.

The resolution addresses the imposition of facilities fees and park development fees within the districts. It grants District No. 2 the authority to impose and collect these fees on behalf of District No. 1, and to utilize the revenues for operational, maintenance, and capital costs, including debt repayment. The resolution outlines the rates for facilities fees for residential and commercial properties, as well as park development fees for residential units. It establishes that these fees constitute a statutory and perpetual charge and lien upon the property.