Jeffrey Nading

The Board addressed multiple administrative and operational items. This included the ratification of numerous change orders and task orders related to various District contracts, such as infrastructure, construction, and engineering services. The Board also reviewed and approved the 2024 Audit, accepted schedules of cash position, and ratified the payment of claims. Furthermore, the Board authorized reimbursements to Cimarron Commercial, LLC based on certified cost reports for Trailstone Filing No. 1 public improvements. Several items, including legal status updates and landscape proposals, were discussed or deferred.

The board meeting covered several key administrative, financial, and operational matters. Discussions included the ratification of numerous contracts, change orders, and task orders related to various district projects, including landscape improvements, track removal, and infrastructure repairs. The board reviewed and accepted financial reports, including claims for payment, schedules of cash position, and a verification report for district expenditures. Additionally, the board authorized a reimbursement for public improvements related to Trailstone Filing No. 1, discussed the status of potential bond issuance, and evaluated proposals for landscape maintenance and pest control services.

The Board reviewed and ratified numerous contracts, task orders, and change orders related to ongoing construction and engineering projects. Financial matters included the ratification of payment claims, acceptance of financial statements and cash position schedules, and the adoption of a resolution acknowledging the acquisition of FirstBank by The PNC Financial Group, Inc. The Board also discussed the status of Series 2026 Bond issuance for District No. 2, approved a temporary construction license agreement, awarded a contract for Parcel 8 improvements, and authorized a reimbursement for certified expenditures related to Trailstone Filing No. 1.

The Board of Directors held its annual meeting to discuss administrative matters, including confirmation of the public meeting notice posting. Presentations were provided regarding the status of public infrastructure projects within the District and the status of outstanding bonds. Additionally, the District Accountant presented unaudited financial statements, covering year-to-date revenue and expenditures relative to the adopted budget.

The meeting addressed several administrative matters, including the discussion of potential conflicts of interest and the approval of the amended agenda. The Board ratified several Change Orders and Task Orders related to various construction contracts, including work with All American Track, Inc., Colorado Civil Infrastructure Inc., Castle Rock Construction Company of Colorado, LLC, and others. Financial matters involved the acceptance of District Eligible Expenses for November 2025 totaling $2,870,062.09 and the ratification of claims for the same period. Legal matters included ratification of a Letter Agreement concerning bond issuance costs with District No. 2, and approval of the First Amendment to Operations Pledge Agreement Regarding Maintenance of Patio Homes. Under Capital Improvements, the Board approved Cost Certification Report No. 40 for Trailstone Filing No. 1 Public Improvements and authorized reimbursement to Cimarron Commercial, LLC. The Board also ratified an approval for Snow Removal Services and established a landscape committee to review proposals for 2026 Landscaping Services.