Bruce N. Shibles

The Board of Directors held a regular meeting covering various operational and financial matters. Key actions included the approval of 2026 District Management Services agreements with Goodwin & Co., the authorization to terminate an intergovernmental agreement with GVR Metropolitan District pending the outcome of a First Amendment review, and the adoption of resolutions for the 2026 budgets for the General Fund and Subdistricts 1 through 5. The Board also appointed a District Accountant for 2026 budget preparation, authorized the renewal of the district's insurance policy, and renewed the Special District Association membership. An executive session was conducted to receive legal advice regarding golf course issues, management service contracts, and employee bonuses.

The agenda for the regular meeting includes administrative items such as call to order, roll call, and director disclosures. Key discussion items cover the status of the May 2, 2023 election and the status of District Accounting Services Provider. Financial topics include a synopsis of the year-end unaudited financial report and consideration of the 2022 audit engagement letter. The District Manager's Report will address Covenant Control and Restrictions (CCR) status, Work Orders status, and Statutory Compliance status. The Board also reviewed financial statements for December 31, 2022, which included detailed budget-to-actual reports for several funds, and property tax schedules for 2022 and 2023.

The agenda for the regular meeting includes standard administrative items such as roll call, disclosure statements, and approval of the agenda. The consent agenda covers the approval of minutes from prior meetings and the ratification of the engagement letter with WIPFLI for the 2024 Financial Audit. New business involves considering several resolutions for 2025 administrative matters, the 2025 Election, and the updated Colorado Open Records Act (CORA) Policy. The board will also discuss and authorize the renewal of the District's insurance and SAD membership, authorize the accountant to prepare the DLG-70 Certification of Tax Levies form, and consider waiving workers' compensation insurance for 2025. Financial items include conducting public hearings to amend the 2024 Budget and adopt the proposed 2025 Budget and set mill levies, along with reviewing financial statements for October 31, 2024, and payables for December 3, 2024. The District Manager's report covers the status of Covenant Control and Restrictions (CCR), Work Orders, and Statutory Compliance. An Executive Session is scheduled to receive legal advice concerning the proposed consolidation of Town Center Metropolitan District into Ebert Metropolitan District.

The agenda for the meeting included administrative items such as a roll call and disclosure of potential conflicts of interest. Key discussion points involved the Consent Agenda, which covered approval of minutes from the December 5, 2023, meeting and a resolution designating notice posting locations. Directors' items included discussion and consideration of transferring \$297,309.93 from the 2018 Capital Projects Bond Proceeds Fund to TCMD for reimbursement of 2021 capital projects, and approving participation of up to two Board members on the Joint Landscape Committee to resolve ongoing litigation. Unfinished business addressed the results of a Recall Election and the Election of Director Haynes, alongside an update on litigation with Town Center Metropolitan District. New business involved the Election/Appointment of Officers. Financial items included reviewing financial statements for the period ending February 29, 2024, and reviewing payables for the period ending March 26, 2024. The manager's report covered status on Covenant Control and Restrictions, Work Orders, and Statutory Compliance. A resolution concerning potential litigation resolution via an amendment to the 2018 IGA was also listed. The meeting concluded with an Executive Session to receive legal advice regarding district formation and litigation status.

The Board discussed and accepted the meeting agenda and the consent agenda items. Correspondence included a direction to legal counsel to discuss a payment to Bluebird Club with Mr. Hamil regarding its classification as a reimbursement for the sewer project versus an irrigation upgrade. Public comments raised concerns about Aurora pipeline restoration inadequacy and expressed thanks for the sport court placement. Committee reports were provided by the Community Advisory Committee for Subdistrict 1, the Golf Course Communications Committee, and Land and Districts, LLC. A significant legal item involved the appointment of Elise Topliss as the official Secretary of the Board. Financially, the Board accepted the proposal from Wipfli for the 2025 Audit of Ebert Metro District (merged with Town Center Metro District) for $15,000. The District Management Report included an Enforcement and Architectural Review. The Board briefly discussed Tower Commons and Towns at Oakcrest, scheduling further discussion for the next meeting under executive session.