Peak Metropolitan District Nos. 1-7

PEAK METROPOLITAN DISTRICT NO. 1 (“DISTRICT”)
 450 E. 17th Avenue, Suite 400
Denver, CO  80203
Phone:  303-592-4380

 

NOTICE OF A SPECIAL MEETING AND AGENDA

Ex Officio Board Member: Troy Stover, Director of Business Park Development at the Colorado Springs Airport

DATE:                        October 27, 2025

TIME:                         12:00 P.M.

LOCATION:              ZOOM

 

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https://us02web.zoom.us/j/86257011252?pwd=eUtJCbP5PalWMW7UoH66DIMjygNYVg.1

 

Meeting ID: 862 5701 1252

Passcode: 955965

Dial In: 1-719-359-4580

 

I.                  ADMINISTRATIVE MATTERS

A.                Present Disclosures of Potential Conflicts of Interest.

B.                Confirm quorum, location of meeting and posting of meeting notice.  Approve agenda.

C.                Public Comment. Members of the public may express their views to the Board on matters that affect the District. Comments will be limited to three (3) minutes.

D.                Review and consider approval of minutes from the August 28, 2025 regular meeting of the District (enclosure).

E.                 Discuss business to be conducted in 2026 and location (virtual and/or physical) of meetings. Schedule regular meeting dates and consider adoption of Resolution Establishing Regular Meeting Dates, Time, and Location, and Designating Location for Posting of 24-Hour Notices (enclosure). [Suggested dates are the 4th Thursday of each month, at 9:00 a.m. via Zoom].

F.                 Authorize renewal of District’s insurance and Special District Association (SDA) membership for 2026.

II.                FINANCIAL MATTERS

A.                Review and accept the Unaudited Financial Statements, dated June 30, 2025 (enclosures).

B.                 Review and ratify approval of the payment of claims for the period ending October 20, 2025, in the amount of $401,827.25 (enclosure).

C.                Conduct Public Hearing to consider amendment of the 2025 Budget.  If necessary, consider adoption of Resolution to Amend the 2025 Budget.

D.                Conduct Public Hearing on the proposed 2026 Budget and consider adoption of Resolution to Adopt Budget and Appropriate Sums of Money and Resolution to Set Mill Levies (enclosures – Preliminary AV, draft budget and Resolutions).

E.                 Authorize District Accountant to prepare and sign the DLG-70 Certification of Tax Levies form and Mill Levy Public Information form (“Certification”), and direct District Accountant to file the Certification with the Board of County Commissioners and other interested parties.

F.                  Discuss and consider adoption of Resolution Authorizing Adjustment of the District Mill Levy in Accordance with the Service Plan.

G.                Consider appointment of District Accountant to prepare the 2027 Budget.

H.                Consider approval of the engagement of WipFli LLP to perform the 2025 Audit.

I.                  Discuss and consider approval of Special Districts Preparation Statement of Work between the District and CliftonLarsonAllen LLP for 2026 Accounting Services.

J.                 Discuss and acknowledge Cash Access and Internal Controls Memorandum from CliftonLarsonAllen LLP (enclosure).

III.               LEGAL MATTERS

A.                Discuss status of Claim from Fountain Mutual Irrigation Company; Cygnet Land, LLC; and Michael S. Hassell.   

                     1.                  Adjourn to Executive Session, if necessary, to receive legal advice relative to specific legal questions and matters that may be subject to negotiation, pursuant to Section 24-6-402(4)(b) and (e), C.R.S.

                     2.                  Acknowledge General Release and Settlement Agreement between Fountain Mutual Irrigation Company and the City of Colorado Springs (51 acres) and authorize necessary actions in connection therewith.  

                     3.                  Discuss and ratify approval of Facilities Payment Agreement between the District and the City of Colorado Springs, through its enterprise, the Colorado Springs Municipal Airport (51 acres).

                     4.                  Review and consider acceptance of Engineer’s Letter and Verification of Costs Associated with the Design and Construction of the Ginnell Channel Stabilization Public Improvements (ELVC No. 1) prepared by Schedio Group LLC (enclosure).

                     5.                  Authorize any necessary actions in connection therewith.

B.                 Discuss Third Amendment to Consolidated Service Plan and authorize necessary actions in connection therewith.

C.                 Discuss HB25-1090 compliance related to professional services provider engagements.

D.                Discuss requirements of Section 32-1-809, C.R.S., and direct staff regarding compliance for 2026 (District Transparency Notice).

IV.               CONSTRUCTION MATTERS

A.                Ratify acceptance of District Engineer’s Report and Verification of Costs Associated with Public Improvements (PROJECT: Peak Innovation Park), Engineer’s Report and Verification of Costs No. 44 prepared by Schedio Group LLC (enclosure).

                     1.                  Ratify approval of Requisition No. 90 (under the Series 2021B Bonds) and reimbursement to the District, in the amount of $31,815.83 and to W.E. O’Neil Construction Co. of Colorado, in the amount of $9,191.42 (enclosure).

B.                 Discuss and consider acceptance of District Engineer’s Report and Verification of Costs Associated with Public Improvements (PROJECT: Peak Innovation Park), Engineer’s Report and Verification of Costs No. 45 prepared by Schedio Group LLC (enclosure).

                      1.                  Discuss and consider approval of Requisition No. 91 (under the Series 2021B Bonds) and authorize reimbursement to the District, in the amount of $90,342.89 and to W.E. O’Neil Construction Co. of Colorado, in the amount of $263,175.98 (enclosure).

C.                 Ratify approval of Construction Agreement between the District and Monarch Landscaping & Lawn Care Maintenance LLC, d/b/a Monarch Landscaping & Construction related to landscaping improvements along Bud Breckner.

D.                Ratify approval of Construction Agreement between the District and C&D Electric Inc. related to landscaping improvements along Bud Breckner.

E.                 Discuss matters relative to District construction process and authorize necessary actions in connection therewith.

V.                 OTHER BUSINESS

A.                Acknowledge cancellation of November 27, 2025 and December 25, 2025 regular meetings due to holidays and discuss whether a special meeting is needed in November or December.

VI.              ADJOURNMENT     

There will be no regular meetings held the remainder of the year.

*For accessibility purposes, this is an alternate conforming version of the Agenda