Peak Metropolitan District Nos. 1-7

PEAK METROPOLITAN DISTRICT NO. 3 (“DISTRICT”)
 450 E. 17th Avenue, Suite 400
Denver, CO  80203
Phone:  303-592-4380
https://peakmetropolitandistricts.specialdistrict.org/

 

NOTICE OF A SPECIAL MEETING AND AGENDA

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

 

DATE:                         December 10, 2025

TIME:                         9:00 A.M.

LOCATION:              ZOOM

 

Join Zoom Meeting

https://us02web.zoom.us/j/81325222909?pwd=V1JAb9Fx55tsmHdHBKsUO3evX9xGRS.1

 

Meeting ID: 813 2522 2909

Passcode: 503592

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 October 27, 2025 special meeting of the District (enclosure).

 

II.                 FINANCIAL MATTERS

A.                Review and accept the Schedule of Cash Position, dated September 30, 2025, updated as of December 4, 2025 (enclosure).

B.                 Review and ratify approval of the payment of claims for the period ending December 4, 2025, in the amount of $290,037.23 (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.                  Review and consider acceptance of Engineer’s Letter and Verification of Confirmed Acquisition Costs – Airport Downstream Drainage Project (Bluestem / Cygnet Land Acquisition), in the amount of $182,535.00, dated October 1, 2025 (enclosure).

a.                   Discuss and consider approval of Requisition No. 58 (under the Series 2022 Bonds) and authorize reimbursement to the District, in the amount of $182,535.00 (enclosure).

3.                  Discuss status and ratify approval of General Release and Settlement Agreement among Peak Metropolitan District No. 1, Peak Metropolitan District No. 2, the District, the City of Colorado Springs, Cygnet Land, LLC, UFCS Airport, LLC, and Urban Frontier, LLC (small property in the Bluestem - BJR watershed) and authorize necessary actions in connection therewith.

4.                  Discuss and consider approval of Facilities Payment Agreement for Project Manitou.

5.                  Authorize any necessary actions in connection therewith.

B.                 Update regarding status of Third Amendment to Consolidated Service Plan.

 

IV.              CONSTRUCTION MATTERS

A.                Consider acceptance of District Engineer’s Report and Verification of Costs Associated with Public Improvements (PROJECT: Integration Loop Phase 3, 4 and 5), Engineer’s Report and Verification of Costs No. 33 prepared by Schedio Group LLC (enclosure).

1.                  Discuss and consider approval of Requisition No. 59 (under the Series 2022 Bonds) and authorize reimbursement to the District, in the amount of $91,846.77, to W.E. O’Neil Construction Co. of Colorado in the amount of $99,319.63 and to Peak Metropolitan District No. 1 in the amount of $219,146.89 (enclosure).

B.                 Discuss and consider approval of Requisition No. 60 (under the Series 2022 Bonds) and authorize reimbursement to the District, in the amount of $14,312.95 (enclosure).

C.                 Discuss and consider approval of Master Service Agreement (“MSA”) for Professional Design Services between the District and Studio Lightning, LLC.

1.                  Discuss and consider approval of Task Order No. 01 to MSA for Professional Design Services between the District and Studio Lightning, LLC for Interlink Design Phase Services, in the amount of $3,200.00.

D.                Discuss and rescind approval of Task Order No. 01 to MSA for Construction Administration Services between the District and Burns & McDonnell Engineering Company, Inc.

E.                 Discuss and consider approval of Work Order No. 01 to MSA for Construction Administration Services between the District and Burns & McDonnell Engineering Company, Inc.

F.                  Discuss and consider approval of Limited Authorization to Proceed No. 01 to MSA for Construction Administration Services between the District and Burns & McDonnell Engineering Company, Inc.

G.                Discuss and ratify approval of Change Order No. 02 to MSA for Preconstruction Services between the District and W.E. O’Neil Construction Company of Colorado.

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

 

V.                OTHER BUSINESS

A.                None.

 

VI.              ADJOURNMENT

 

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