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HomeMy WebLinkAbout20133355.tiffRESOLUTION RE: ACTION OF THE BOARD CONCERNING ACCEPTANCE OF FILING OF REVISED SERVICE PLAN, REFERRAL TO WELD COUNTY PLANNING COMMISSION FOR STUDY AND RECOMMENDATION, SET HEARING DATE FOR CONSIDERATION, AND RETURN FILING FEE - PLATTE VALLEY PARK AND RECREATION DISTRICT WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, a Revised Service Plan for the Platte Valley Park and Recreation District, was received by the Clerk to the Board on December 2, 2013, from counsel for said District, Brent Butzin, White, Bear and Ankele Professional Corporation, 2154 East Commons Avenue, Suite 2000, Centennial, Colorado 80122, for filing with, and consideration by, the Board of County Commissioners, and WHEREAS, the applicant subsequently requested the withdrawal of the Revised Service Plan for the Platte Valley Park and Recreation District due to inadequate time to solicit adequate public input prior to a May election deadline, and WHEREAS, the Board of County Commissioners deems it advisable to accept the withdrawal of said revised Service Plan, and return the corresponding filing fee. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the withdrawal of the filing of said revised Service Plan be, and hereby is, accepted. BE IT FURTHER RESOLVED by the Board of County Commissioners that the required statutory filing fee of $500.00 paid to the Clerk to the Board shall be returned to the applicants. Vli CA-,9LI I LA 2013-3355 SD0137 ACTION OF THE BOARD CONCERNING ACCEPTANCE OF FILING OF REVISED SERVICE PLAN, REFERRAL TO WELD COUNTY PLANNING COMMISSION FOR STUDY AND RECOMMENDATION, SET HEARING DATE FOR CONSIDERATION, AND RETURN FILING FEE - PLATTE VALLEY PARK AND RECREATION DISTRICT PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 9th day of December, A.D., 2013. Weld County Clerk to the BY' Deputy Cler Date of signature: DEC 1 9 2013 BOARD O COUNTY COMMISSIONERS WELD , COLORADO arbara Kirkmey 2013-3355 SD0137 Wilk COLORADO December 9, 2013 Platte Valley Parks and Recreation District 33389 CR 57 Gill, CO 80624 RE: Filing Fee Dear representative: CLERK TO THE BOARD PHONE: (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 1150 O STREET P. O. BOX 758 GREELEY, COLORADO 80632 Upon receipt of the request to withdraw the proposed Service Plan, dated December 9, 2013, the Board of Weld County Commissioners instructed staff to return the $500.00 fee. The submitted check is enclosed. If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4226. Very truly yours, Esther E. Gesick Deputy Clerk to the Board Office Manager/Coordinator egesick@co.weld.co.us Esther Gesick From: Sent: To: Subject: FYI Brad Yatabe Monday, December 09, 2013 8:38 AM Esther Gesick FW: Withdrawal of Service Plan Submittal for Platte Valley Park & Recreatino District Brad Yatabe Assistant Weld County Attorney 1150 O Street Mailing Address: P.O. Box 758, Greeley, CO 80632 tel: (970) 356-4000 ext. 4396 fax: (970) 352-0242 STATEMENT OF CONFIDENTIALITY & DISCLAIMER: The information contained in this email message is attorney privileged and confidential, intended only for the use of the individual or entity named above. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution or copy of this email is strictly prohibited. If you have received this email in error, please notify us immediately by replying and delete the message. From: Brent E. Butzin [mailto:bbutzin@wbaoc.com] Sent: Monday, December 09, 2013 6:38 AM To: Brad Yatabe Cc: Michelle Martin; William P. Ankele, Jr.; Alicia M. Trujillo; Kymba R. Knighton; DeAnna McDaniel; Kristine Bauer Subject: Withdrawal of Service Plan Submittal for Platte Valley Park & Recreatino District Good morning Brad, I apologize for the late notice, as I know the Commissioners are meeting this morning, and acceptance of the Service Plan for the proposed Platte Valley Park and Recreation District is on today's agenda. Our clients, the proponents for the proposed District, would like to withdraw their submittal at this time. We do not feel the aggressive timeline for a May 2014 election permits enough time to conduct the public outreach that is necessary and deserved for the residents of Kersey and the business community. Thank you for working with us to make the May timeline possible in the first place, and we do apologize for any convenience we might have caused you and Michelle. I am available if you have any questions this morning. Thanks, Brent C Butzin, P.E., Esq. WHITE, BEAR & ANKELE PROFESSIONAL CORPORATION 2154 East Commons Avenue, Suite 2000 Centennial, Colorado 80122 Phone: (303) 858-1800 Fax: (303) 858-1801 bbutzin(Wwbapc.com 1 12/27/2013 FRI 16:25 FAX @1001 ********************* *** FAX TX REPORT *** ********************* TRANSMISSION OK JOB NO. 0630 DESTINATION ADDRESS 913038647759 SUBADDRESS DESTINATION ID ST. TIME 12/27 16:22 TX/RX TIME 02' 38 PGS. 5 RESULT OK iSsf4wr WUDC. FAX TRANSMISSION COLORADO Weld County Clerk to the Board PO Box 758 Greeley, CO 80632 Fax: 970-352.0242 Phone: 970-336-7215,ext. 4226 To: [Department of Local Affairs] Date: [December 27, 2013] Fax: [303.$66.4819] 1'ages: [4] + Cover From: T'isa Juanicorena, Deputy Clerk to the Board Subject: [Resolution regarding withdrawal of Platte Valley Park and Recreation District] COMMENTS: For your records. Happy New Year GARY R. WHITE KRISTEN D. BEAR WILLIAM P. ANKELE, JR. JENNIFER GRUBER TANAKA* CLINT C. WALDRON WHITE _ • _ BEAR • ANKELE PROFESSIONAL CORPORATION ATTORNEYS AT LAW December 2, 2013 VIA EMAIL AND HAND DELIVERY Weld County Board of County Commissioners Attn: Monica Daniels -Mika, Clerk to the Board 1150 O Street Greeley, CO 80632 RECEIVED WELD COUNTY COMMISSIONERS K. SEAN ALLEN **GEORGE NI. ROWLEY NEIL RUTLEDGE ***ROBERT G. ROGERS BRENT E. BUTZIN KRISTIN J. BOWERS ZACHARY P. WHITE ABBY L. KIRKBRWE Re: Service Plan Submittal for Proposed Platte Valley Park & Recreation District Dear Ms. Daniels -Mika: Attached please find an electronic version of the draft Service Plan for the proposed Platte Valley Park and Recreation District for consideration by the Board of County Commissioners. Two hard copies of the Service Plan will be hand delivered to your office by courier. The submittal fee of $500.00 will be delivered separately to your office. We further request that the Board of County Commissioners consider this request for waiver of the $500 submittal fee, as permitted by Section 32-1-202(3), C.R.S. The proponents of the proposed District are a community grassroots organization and have limited funds available to them. The costs associated with the filing of the Service Plan, in particular the noticing, represent a major cost for the Kersey community, and the proponents desire to spend their limited funds maximizing their public outreach efforts. Also, as the Service Plan being submitted is largely similar to the proponents' previous submittal, staff review and the associated costs should be substantially reduced. We understand that the Board of County Commissioners must take formal action to receive the Service Plan and refer it to Planning Commission. We respectfully request the request for the waiver of the submittal fee be considered at the same time the submission is accepted. If you have any questions regarding this submittal, please do not hesitate to contact me. We look forward to working with you further through the approval process. Sincerely, WHITE, BEAR & ANKELE Professional Corporation C Brent E. Butzin, Esq. cc: Brad Yatabe, Assistant Weld County Attorney Michelle Martin, Planning Manager www. wh itebearankele. corn 2154 E. Commons Avenue, Suite 2000 • Centennial, CO 80122 Telephone (303) 858-1800 • Facsimile (303) 858-1801 Also licensed in 'New Mexico. ^Utah,'^Texas SERVICE PLAN FOR PLATTE VALLEY PARK AND RECREATION DISTRICT WELD COUNTY, COLORADO Prepared by: White, Bear and Ankele Professional Corporation 2154 E. Commons Avenue, Suite 2000 Centennial, CO 80122 (303) 858-1800 December 2, 2013 500122 TABLE OF CONTENTS I. INTRODUCTION 1 A. Purpose and Intent 1 B. Need for the District 1 C. Objective of the County Regarding District's Service Plan 3 II. DEFINITIONS 3 III. BOUNDARIES 5 IV. PROPOSED LAND USE AND ASSESSED VALUATION 5 V. DESCRIPTION OF PROPOSED POWERS, IMPROVEMENTS AND SERVICES 5 A. Powers of the District and Service Plan Amendment 5 1. Operations and Maintenance 6 2. Construction Standards Limitation 6 3. Privately Placed Debt Limitation 6 4. Inclusion Limitation 6 5. Not Used 6 6. Total Debt Issuance Limitation 6 7. Monies from Other Governmental Sources 6 8. Consolidation Limitation 6 9. Eminent Domain Limitation 6 10. Service Plan Amendment Requirement 7 B. Primary Infrastructure Plan 7 VI. FINANCIAL PLAN 8 A. General 8 B. Maximum Voted Interest Rate and Maximum Underwriting Discount 8 C. Maximum Debt Mill Levy 8 D. Maximum Debt Mill Levy Imposition Tenn 8 E.Maximum Operations Mill Levy 9 F.Debt Repayment Sources 8 G. Security for Debt 9 H. TABOR Compliance 9 I. District's Operating Costs 9 J. Elections 10 VII. ANNUAL REPORT 10 A. General 10 B. Reporting of Significant Events 10 VIII. DISSOLUTION 11 IX. PROPOSED AND EXISTING INTERGOVERNMENTAL AGREEMENTS AND EXTRATERRITORIAL SERVICE AGREEMENTS 11 X. MATERIAL MODIFICATIONS 11 XI. RESOLUTION OF APPROVAL 12 XII. CONCLUSION 12 LIST OF EXHIBITS EXHIBIT A EXHIBIT B EXHIBIT C EXHIBIT D Legal Description District Boundary Map Primary Infrastructure Plan Financial Plan ii. I. INTRODUCTION A. Purpose and Intent. The District is an independent unit of local government, separate and distinct from the County and, except as may otherwise be provided for by state or local law or this Service Plan, its activities are subject to review by the County only insofar as they may deviate in a material matter from the requirements of this Service Plan. It is intended that the District will provide a part or all of the Public Improvements for the use and benefit of all anticipated inhabitants and taxpayers of the District. The primary purpose of the District will be to finance the construction of these Public Improvements and conduct ongoing operations, maintenance and programming for such Public Improvements. This Service Plan has been prepared in accordance with Article XIV of Chapter 2 of the County Code, subject to modifications necessary and appropriate to the specific purpose of the District. B. Need for the District. There are currently no other governmental entities, including the County, located in the immediate vicinity of the District that consider it desirable, feasible or practical to undertake the planning, design, acquisition, construction, installation, relocation, redevelopment and financing of the Public Improvements. Formation of the District is therefore necessary in order for the Public Improvements to be provided in the most economic manner possible. The Town of Kersey is a Colorado municipality serving a population of approximately 1,500 residents, located along U.S. Highway 34 approximately 8 miles east of Greeley. The Town is a rural, agricultural community in Weld County, and is served by the Platte Valley School District RE -7. The larger area served by the School District serves a population of approximately 4,800 residents. The median age of residents in Kersey is 33.2 years old. Children aged 18 and under comprise 32.5% of the population, while 23.6% of the population is over the age of 50. Neither the Town nor the School District has adequate existing facilities to serve the needs of the community of users within the proposed boundaries of the District. The Town's recreation department currently has one part-time employee, and shares limited space with the High Plains Library District. The Town is not able to provide any dedicated recreation space in the library facility, and all programmed activities use School District facilities as they are available. Due to the heavy demands on the existing facilities, the School District is not able to provide space to meet either the current or future requirements of the Kersey area, and there is little if any ability to serve the non -school district population, which includes the majority of residents in the proposed District's service area. In 2011, the Weld County Department of Public Health and Environment initiated the Weld County Community Health Improvement Plan, and later, in conjunction with the Colorado Department of Public Health and Environment, released the 2012 Health Status Report and Community Improvement Plan, A Roadmap for Improving Weld County's Health (the "County Health Plan"). The County Health Plan identified local issues of concern and set priorities for long-term health outcomes and five-year plan goals for the County. The most important priority health issue identified in the County Health Plan is "nutrition, physical activity, and obesity," with the associated five-year plan goal to "increase access and physical activity among less active adults and children in Weld County." 1 The objective of the District will be to enhance the quality of life, physical activity and wellness of the Platte Valley community residents and visitors by providing access to affordable and quality recreational services, by organizing programs, activities and events, and maintaining safe and beautiful recreational amenities that meet both the current and future needs of the community. The goal of the District, in support of the County's goals identified in the County Health Plan, will be to facilitate programs for all ages and all financial backgrounds for health educational resources and programs. Athletic programs affect more than health. They provide positive character building, increase academic and occupational outcomes, lower school dropout rates, develop self-esteem, provide for healthy social interactions, and develop critical thinking and problem solving skills. • Currently the childhood obesity rate in the Platte Valley community is greater than 40% and rising. • Our community is growing. There are no current resources available in the proposed District for after school and summer programs • Current physical education programs are restricted due to budget and time limitations during the school day • Senior Citizens are a major part of the community to be served by the District and the current facility and programs are very restricted due to limited resources • Athletic space is so sparse, the current recreation and club programs in the community to be served by the proposed District struggle for space for practice and games • A safe environment for ALL ages is needed in the community to be served The facilities are planned to include gymnasiums, walking track, cardio/weight facilities, indoor pool, after school programs, senior center, multi -purpose community rooms, health education classes and other facilities. The selected facilities are based on the results of over 500 surveys distributed throughout the proposed District area, which solicited resident feedback concerning the need for improved recreation programs and facilities, as well as what type of amenities would be beneficial for the community. In particular, respondents identified a leisure pool as the number one amenity lacking in Kersey. Kersey area residents currently must travel 20 minutes to Greeley for the nearest facilities. The facility is expected to be centrally located in or near Kersey supporting smaller remote communities in the Northern Colorado region. The District will also be authorized to provide park and recreation facilities in other areas of the District. The goal of the District will be to pursue the growth of current programs, and create new program offerings in the Northern Colorado Region with the intention of promoting health, fitness, and an active lifestyle for all community members and visitors. In addition, a separate organization, Platte Valley Recreation District Foundation, has been organized as a nonprofit entity to raise funding to promote and fund ongoing activities and programs for all families in the community regardless of economic status. The nonprofit plans to raise funding to offer program participation, uniforms, sports equipment, sponsor after school and summer programs, and provide scholarships for willing participants who would otherwise be unable to participate in athletic or academic programs offered by the District. 2 C. Objective of the County Regarding District's Service Plan. The County's objective in approving the Service Plan for the District is to authorize the District to provide for the planning, design, acquisition, construction, installation, relocation and redevelopment of the Public Improvements from the proceeds of Debt to be issued by the District. All Debt is expected to be repaid by taxes imposed and collected for no longer than the Maximum Debt Mill Levy Imposition Term and at a tax mill levy no higher than the Maximum Debt Mill Levy. Debt which is issued within these parameters (as further described in the Financial Plan) will insulate property owners from excessive tax burdens to support the servicing of the Debt and will result in a timely and reasonable discharge of the Debt. This Service Plan is intended to establish a limited purpose for the District and explicit financial constraints that are not to be violated under any circumstances. The primary purpose is to provide for the Public Improvements. Ongoing operational and maintenance activities are allowed, but only as specifically addressed in this Service Plan. The District shall be authorized to finance the Public Improvements that can be funded from Debt to be repaid from tax revenues collected from a mill levy which shall not exceed the Maximum Debt Mill Levy and which shall not exceed the Maximum Debt Mill Levy Imposition Term. It is the intent of this Service Plan to assure to the extent possible that no taxable property bear an economic burden that is greater than that associated with the Maximum Debt Mill Levy in amount and that no property bear an economic burden that is greater than that associated with the Maximum Debt Mill Levy Imposition Term in duration, even under bankruptcy or other unusual situations. Generally, the costs of Public Improvements that cannot be funded within these parameters are not costs to be paid by the District. II. DEFINITIONS In this Service Plan, the following terms shall have the meanings indicated below, unless the context hereof clearly requires otherwise: Board means the Board of Directors of the District. BOCC means the Board of County Commissioners of the County of Weld, Colorado. Bond, Bonds or Debt means bonds or other obligations for the payment of which the District has promised to impose an ad valorem property tax mill levy. County means the County of Weld, Colorado. County Code means the Weld County Code, as the same may be amended from time to time. District means the Platte Valley Recreation District. External Financial Advisor means a consultant that: (1) advises Colorado governmental entities on matters relating to the issuance of securities by Colorado governmental entities, including matters such as the pricing, sales and marketing of such securities and the procuring of bond ratings, credit enhancement and insurance in respect of such securities; (2) shall be an underwriter, investment banker or individual listed as a public finance advisor in the Bond Buyer's Municipal Market Place; and (3) is not an officer or employee of the District. 3 Financial Plan means the Financial Plan described in Section VI below which is prepared by an External Financial Advisor in accordance with the requirements of the County Code and describes: (a) how the Public Improvements are to be financed; (b) how the Debt is expected to be incurred; and (c) the estimated operating revenue derived from property taxes for the first budget year. District Boundaries means the boundaries of the area described in the District Boundary Map. District Boundary Map means the map attached hereto as Exhibit B, describing the District's boundaries. Maximum Debt Mill Levy means the maximum mill levy the District is permitted to impose for payment of Debt as set forth in Subsection VI.C below. Maximum Debt Mill Levy Imposition Term means the maximum term for imposition of a mill levy as set forth in Subsection VI.D below. Maximum Operations Mill Levy means the maximum mill levy the District is permitted to impose for payment of costs other than payment of Debt, as set forth in Subsection VI.E below. Primary Infrastructure Plan means the Primary Infrastructure Plan described in Subsection V.B below, which includes: (a) a list of the Public Improvements to be developed by the District; and (b) an estimate of the cost of the Public Improvements. Public Improvements means a part or all of the improvements authorized to be planned, designed, acquired, constructed, installed, relocated, redeveloped and financed by the District constituting park and recreation improvements as authorized by Section 32-1-103O4), C.R.S. within the Special District Act, except as specifically limited in Section V below, to serve the future taxpayers and inhabitants of the Service Area as determined by the Board of the District. School District means the Platte Valley School District RE -7. Service Area means the property within the District Boundary Map. Service Plan means this service plan for the District as approved by the BOCC. Service Plan Amendment means an amendment to the Service Plan approved by the BOCC in accordance with applicable state law. Special District Act means Section 32-1-101 et seq., C.R.S., as amended from time to time. State means the State of Colorado. Total Debt Issuance Limitation means the total Debt the District is authorized to issue, as set forth in Paragraph V.A.6 below and supported by the Financial Plan. Town means the Town of Kersey. 4 III. BOUNDARIES The area of the District Boundaries includes approximately 168,773 acres, coextensive with the boundaries of the Platte Valley School District Weld Re -7, with the exception of territory located within the Sand Hills Metropolitan District. A legal description of the District Boundaries is attached hereto as Exhibit A. A map of the District Boundaries is attached hereto as Exhibit B. However, in accordance with Section 32-1-307(1), C.R.S., the surface area (but not underlying mineral, oil and gas, or any other subsurface interest having separate taxable value) of any tract of land of 40 acres or more used primarily and zoned for agricultural uses, as listed in the records of the Weld County Assessor's office (the "Initially Excluded Land"), shall not be subject to taxation by the District, unless the consent of any such owner is obtained prior to issuance of the Order and Decree creating the District. Only the surface area of the Initially Excluded Land shall be excluded from the District Boundaries for taxation purposes, and not any subsurface mineral, oil and gas, or any other subsurface interest having separate taxable value, which separately taxable interests shall be subject to taxation by the District upon organization. The surface area of the Initially Excluded Land, or any portion thereof, shall be subject to subsequent inclusion into the District Boundaries for purposes of taxation at such time as the use or zoning thereof changes from agricultural, at which point the subject property may be included pursuant to the provisions of Section 32-1-307(2)-(4), C.R.S. Further, it is anticipated that the District's Boundaries may change from time to time as it undergoes inclusions and exclusions pursuant to Section 32-1-307 et seq., Section 32-1-401 et seq., C.R.S., and Section 32-1-501 et seq., C.R.S., subject to the limitations set forth in Article V below. IV. PROPOSED LAND USE AND ASSESSED VALUATION The Service Area consists of approximately 168,773 acres of land. The current assessed valuation of the Service Area is assumed to be $413,000,000 for purposes of this Service Plan (which is less than the 2013 assessed valuation of $854,599,533, to account for fluctuations in assessment of mineral interests), and is sufficient to reasonably discharge the Debt as demonstrated in the Financial Plan. V. DESCRIPTION OF PROPOSED POWERS, IMPROVEMENTS AND SERVICES A. Powers of the District and Service Plan Amendment. The District shall have the power and authority to provide the Public Improvements within and without the boundaries of the District as such power and authority are described in the Special District Act, and other applicable statutes, common law and the State Constitution, subject to the limitations set forth herein. If, after the Service Plan is approved, the State Legislature includes additional powers or grants new or broader powers for Title 32 districts by amendment of the Special District Act, no such powers shall be available to or exercised by the District unless the District publishes forty -five-day notice and provides written notice to the BOCC pursuant to Section 32-1-207(3)(b), C.R.S. If, within forty-five (45) days of the publication of such notice, the BOCC expresses to the District a written objection to the proposed exercise of such new or broader powers, then the exercise of the same by the District without the prior written consent of the BOCC shall be considered a material modification of the Service Plan and shall be resolved in accordance with Section 32-1-207(2), C.R.S. 5 1. Operations and maintenance. The purpose of the District is to plan for, design, acquire, construct, install, relocate, redevelop, finance, operate and maintain the Public Improvements and providing corresponding services and programs. 2. Construction standards limitation. The District will ensure that the Public Improvements are designed and constructed in accordance with the standards and specifications of the County and of other governmental entities having proper jurisdiction, as applicable. The District will obtain all applicable permits for construction and installation of Public Improvements prior to performing such work. 3. Privately placed debt limitation. Prior to the issuance of any privately placed Debt (other than to banks or other fmancial institutions), the District shall obtain the certification of an External Financial Advisor substantially as follows: We are [I am] an External Financial Advisor within the meaning of the District's Service Plan. We [I] certify that (1) the net effective interest rate (calculated as defined in Section 32-1-103O2), C.R.S.) to be borne by the District for the [insert the designation of the Debt] does not exceed a reasonable current [tax-exempt] [taxable] interest rate, using criteria deemed appropriate by us [me] and based upon our [my] analysis of comparable high yield securities; and (2) the structure of [insert the designation of the Debt], including maturities and early redemption provisions, is reasonable considering the financial circumstances of the District. 4. Inclusion limitation. The District shall not include within its boundaries any property outside the Service Area without the prior written consent of the BOCC. Inclusions or exclusions not described in this Service Plan shall require a forty -five-day notice publication and written notice to the BOCC pursuant to Section 32-1-207(3)(6), C.R.S. If, within forty-five (45) days of the publication of such notice, the BOCC expresses to the District a written objection to the proposed inclusion or exclusion, then the proposed inclusion or exclusion shall be considered a material modification of the Service Plan and shall be resolved in accordance with Section 32-1- 207(2), C.R.S. 5. Not Used. 6. Total debt issuance limitation. The District shall not issue Debt in excess of $20 Million, exclusive of costs of issuance, capitalized interest, and required reserve amounts. To the extent the District seeks to modify the Total Debt Issuance Limitation, it shall proceed in accordance with Subsection 2-14-20.I of the County Code. 7. Monies from other governmental sources. The District shall not apply for or accept Conservation Trust Funds, Great Outdoors Colorado Funds or other funds available from or through governmental or nonprofit entities for which the County is eligible to apply, except pursuant to an intergovernmental agreement with the County. This Section shall not apply to specific ownership taxes which shall be distributed to and a revenue source for the District without any limitation. 8. Consolidation limitation. The District shall not file a request with any court to consolidate with another Title 32 district without the prior written consent of the County. 9. Eminent domain limitation. The District shall not exercise its statutory power of eminent domain, except as may be necessary to construct, install, access, relocate or redevelop the Public Improvements identified in the Primary Infrastructure Plan. Any use of eminent domain shall be 6 undertaken strictly in compliance with state law. Any proposed use of eminent domain for a purpose other than as may be necessary to complete the Public Improvements identified in the Primary Infrastructure Plan shall require a forty -five-day notice publication and written notice to the BOCC pursuant to Section 32-1-207(3)(b), C.R.S. If, within forty-five (45) days of the publication of such notice, the BOCC expresses to the District a written objection to the proposed use of eminent domain by the District, then the proposed use of eminent domain shall be considered a material modification of the Service Plan and shall be resolved in accordance with Section 32-1-207(2), C.R.S. 10. Service Plan amendment requirement. This Service Plan is general in nature and does not include specific detail in some instances because construction plans have not been finalized. The Service Plan has been designed with sufficient flexibility to enable the District to provide required services and facilities under evolving circumstances without the need for numerous amendments. Modification of the general types of services and facilities making up the Public Improvements, and changes in proposed configurations, locations or dimensions of the Public Improvements, shall be permitted to accommodate the best interests of the District as determined by the Board. The District is an independent unit of local government, separate and distinct from the County, and its activities are subject to review by the County only insofar as they may deviate in a material manner from the requirements of the Service Plan. Any action of the District which: (1) violates the limitations set forth in Paragraphs V.A.1-9 above; or (2) violates the limitations set forth in Subsections VI.B—H below, shall be deemed to be a material modification to this Service Plan, unless otherwise agreed by the County as provided for in Section X of this Service Plan. B. Primary Infrastructure Plan. The District shall have authority to provide for the planning, design, acquisition, construction, installation, relocation, redevelopment, maintenance and financing of the Public Improvements within and without the boundaries of the District. The Primary Infrastructure Plan, including: (1) a list of the Public Improvements to be developed by the District; and (2) an estimate of the cost of the Public Improvements is attached hereto as Exhibit C. The list and cost estimates are preliminary only and the final composition of Public Improvements and resulting costs shall be as determined by the Board of Directors of the District. As shown in the Primary Infrastructure Plan, the estimated cost of the Public Improvements which is anticipated to be planned for, designed, acquired, constructed, installed, relocated, redeveloped, maintained or financed by the District is approximately $16 Million. The District shall be permitted to allocate costs between such categories of the Public Improvements as deemed necessary in its discretion. All of the Public Improvements described herein will be designed in such a way as to assure that the Public Improvements standards) will be compatible with those of the County. All descriptions of the Public Improvements to be constructed, and their related costs, are estimates only and are subject to modification as engineering, development plans, economics, the County's requirements and construction scheduling may require. Upon approval of this Service Plan, the District will continue to develop and refine the Primary Infrastructure Plan as necessary, and prepare for issuance of Debt. All cost estimates will be inflated to then -current dollars at the time of the issuance of Debt and construction. All construction cost estimates contained in Exhibit C assume construction to applicable local, state or federal requirements. 7 VI. FINANCIAL PLAN A. General. The District shall be authorized to provide for the planning, design, acquisition, construction, installation, relocation and/or redevelopment of the Public Improvements from its revenues and by and through the proceeds of Debt to be issued by the District. The Financial Plan for the District shall be to issue such Debt as the District can reasonably pay within the Maximum Debt Mill Levy Imposition Term from revenues derived from the Maximum Debt Mill Levy and other legally available revenues. The total Debt that the District shall be permitted to issue shall not exceed the Total Debt Issuance Limitation and shall be permitted to be issued on a schedule and in such year or years as the District determines shall meet the needs of the Financial Plan referenced above and phased to serve development as it occurs. All Bonds and other Debt issued by the District may be payable from any and all legally available revenues of the District, including general ad valorem taxes to be imposed upon all taxable property within the District. The District will also rely upon various other revenue sources authorized by law. These will include the power to assess fees, rates, tolls, penalties or charges as provided in Section 32-1-10010), C.R.S. The Total Debt Issuance Limitation is supported by the Financial Plan prepared by D.A. Davidson & Co., attached hereto as Exhibit D. The Financial Plan attached to this Service Plan satisfies the requirements of Subsection 2-14-20.I of the County Code. The debt financing identified in the Financial Plan is one example of how the Public Infrastructure and operating costs may be financed. The final financing structure shall be as determined by the Board of Directors of the District, subject to the limitations set forth in this Service Plan. B. Maximum Voted Interest Rate and Maximum Underwriting Discount. The interest rate on any Debt is expected to be the market rate at the time the Debt is issued. In the event of a default, the proposed maximum interest rate on any Debt is not expected to exceed fifteen percent (15%). The proposed maximum underwriting discount will be five percent (5%). Debt, when issued, will comply with all relevant requirements of this Service Plan, state law and federal law as then applicable to the issuance of public securities. C. Maximum Debt Mill Levy. The Maximum Debt Mill Levy shall be twenty (20) mills; provided that if, on or after January I, 2013, there are changes in the method of calculating assessed valuation or any constitutionally mandated tax credit, cut or abatement, the mill levy limitation applicable to such Debt may be increased or decreased to reflect such changes, such increases or decreases to be determined by the Board in good faith (such determination to be binding and final) so that, to the extent possible, the actual tax revenues generated by the mill levy, as adjusted for changes occurring after January 1, 2013, are neither diminished nor enhanced as a result of such changes. For purposes of the foregoing, a change in the ratio of actual valuation to assessed valuation shall be deemed to be a change in the method of calculating assessed valuation. All Debt issued by the District must be issued in compliance with the requirements of Section 32-1-1101, C.R.S., and all other requirements of state law. D. Maximum Debt Mill Levy Imposition Term. The District shall not impose a levy for repayment of any and all Debt (or use the proceeds of any mill levy for repayment of Debt) on any property which exceeds thirty (30) years after the year of the initial imposition of such mill levy to such property unless a majority of the Board are residents of the 8 District and have voted in favor of a refunding of a part or all of the Debt and such refunding will result in a net present value savings as set forth in Section 11-56-101 et seq., C.R.S. The District shall be limited to issuing new Debt within a period of fifteen (15) years from the date of the District's first debt authorization election. E. Maximum Operations Levy. The Maximum Operations Levy shall be twenty (20) mills; provided that if, on or after January 1, 2013, there are changes in the method of calculating assessed valuation or any constitutionally mandated tax credit, cut or abatement, the Maximum Operations Levy may be increased or decreased to reflect such changes, such increases or decreases to be determined by the Board in good faith (such determination to be binding and final) so that, to the extent possible, the actual tax revenues generated by the mill levy, as adjusted for changes occurring after January 1, 2013, are neither diminished nor enhanced as a result of such changes. For purposes of the foregoing, a change in the ratio of actual valuation to assessed valuation shall be deemed to be a change in the method of calculating assessed valuation F. Debt Repayment Sources. The District may impose a mill levy on taxable property within its boundaries as a primary source of revenue for repayment of debt service and for operations and maintenance, to the extent operations and maintenance functions are specifically addressed in this Service Plan. The District may also rely upon various other revenue sources authorized by law. At the District's discretion, these may include the power to assess fees, rates, tolls, penalties or charges as provided in the Special District Act. In no event shall the debt service mill levy in the District exceed the Maximum Debt Mill Levy. G. Security for Debt. The District shall not pledge any revenue or property of the County as security for the indebtedness set forth in this Service Plan. Approval of this Service Plan shall not be construed as a guarantee by the County of payment of any of the District's obligations; nor shall anything in the Service Plan be construed so as to create any responsibility or liability on the part of the County in the event of default by the District in the payment of any such obligation. H. TABOR Compliance. The District will comply with the provisions of TABOR. In the discretion of the Board, the District may set up other qualifying entities to manage, fund, construct and operate facilities, services and programs. To the extent allowed by law, any entity created by the District will remain under the control of the District's Board. I. District's Operating Costs. The estimated cost of acquiring land, engineering services, legal services and administrative services, together with the estimated costs of the District's organization and initial operations, are anticipated to be $100,000, which will be eligible for reimbursement from Debt proceeds (no land acquisition costs are included in this figure, as such costs will be paid from proceeds of debt to be issued). In addition to the capital costs of the Public Improvements, the District will require operating funds for administration and to plan and cause the Public Improvements to be operated and maintained. The 9 first year's operating budget is estimated to be $272,000, which is anticipated to be derived from property taxes and other revenues. J. Elections. The District will call an election on the questions of organizing the District, electing the initial Board and setting in place the proposed financial structure as required by TABOR. The election will be conducted as provided in the Uniform Election Code of 1992, the Municipal Election Code and TABOR. At least thirty (30) days prior to the District's organizational election, the proposed ballot questions shall be submitted to the County for review to ensure that said ballot questions are in compliance with this Service Plan. VII. ANNUAL REPORT A. General. The District shall be responsible for submitting an annual report with the County Clerk not later than March 1 of each year following the year in which the Order and Decree creating the District has been issued by the District Court for and in Weld County, Colorado. B. Reporting of Significant Events. The annual report shall include information as to any of the following: 1. Boundary changes made or proposed to the District's boundary as of December 31 of the prior year. 2. Intergovernmental Agreements with other governmental entities, either entered into or proposed as of December 31 of the prior year. 3. Copies of the District's rules and regulations, if any, as of December 31 of the prior year. 4. A summary of any litigation which involves the District Public Improvements as of December 31 of the prior year. 5. Status of the District's construction of the Public Improvements as of December 31 of the prior year. 6. A list of all facilities and improvements constructed by the District that have been dedicated to and accepted by the County as of December 31 of the prior year. 7. The estimated assessed valuation of the District for the current year. 8. Current year budget including a description of the Public Improvements to be constructed in such year. 9. Audit of the District's financial statement, for the year ending December 31 of the previous year, prepared in accordance with generally accepted accounting principles or audit exemption, if applicable. 10 VIII. DISSOLUTION Upon a determination of the BOCC that the purposes for which the District was created have been accomplished, the District agrees to file a petition in the District Court in and for Weld County, Colorado, for dissolution, in accordance with the provisions of the Special District Act. In no event shall dissolution occur until the District has provided for the payment or discharge of all of its outstanding Debt and other financial obligations as required pursuant to state statutes. If the District is responsible for ongoing operations and maintenance functions under this Service Plan (Long -Term District Obligations), the District shall not be obligated to dissolve upon any such BOCC determination. However, should the Long -Term District Obligations be undertaken by the County or other governmental entity, or should the District no longer be obligated to perform the Long -Term District Obligations, the District agrees to commence dissolution proceedings as set forth above. IX. PROPOSED AND EXISTING INTERGOVERNMENTAL AGREEMENTS AND EXTRATERRITORIAL SERVICE AGREEMENTS All such agreements must be for facilities, services and agreements lawfully authorized to be provided by the District, pursuant to the State Constitution, Article XIV, Section 18(2)(a), and Sections 29-1-201 et seq., C.R.S. To the extent practicable, the District may enter into additional intergovernmental and private agreements to better ensure long-term provision of the Public Improvements identified herein. Agreements may also be executed with property owner associations and other service providers. Any agreements which are required, or known at the time of formation of the District to likely be required, to fulfill the purposes of the District, must be described in this Service Plan, along with supporting rationale. Execution of extraterritorial service agreements by the District that are not described in this Service Plan shall require a forty -five-day notice publication and written notice to the BOCC pursuant to Section 32-1-207(3)(b), C.R.S. If, within forty-five (45) days of the publication of such notice, the BOCC expresses to the District a written objection to the proposed agreements, then the entry into said agreements without the prior written approval of the BOCC shall be considered a material modification of this Service Plan and shall be resolved only in accordance with Section 32-1-207(2), C.R.S. The District anticipates entering into one or more intergovernmental agreements with the Town and/or the School District relating to the construction, operation and use of the Public Infrastructure to be constructed by the District. Such agreements shall not require publication of the forty-five day notice described in the preceding paragraph. X. MATERIAL MODIFICATIONS Material modifications to this Service Plan may be made only in accordance with Section 32-1- 207, C.R.S. All modifications to the written provisions of this Service Plan, whether deemed material or otherwise, must be approved by the County prior to becoming effective, and the District shall not be permitted to unilaterally make such modifications. No modification shall be required for an action of the District which does not materially depart from the provisions of this Service Plan. The District may request from the County a determination as to whether the County believes any particular action constitutes a material departure from the Service Plan, and the District may rely on the County's written determination with respect thereto; provided that the District acknowledges that the County's determination as aforesaid will be binding only upon the County, and will not be binding upon any other party entitled to enforce the provisions of the Service Plan as provided in Section 32-1-207, C.R.S. 11 XI. RESOLUTION OF APPROVAL The District agrees to incorporate the BOCC's resolution of approval, including any conditions on any such approval, into the Service Plan presented to the District Court for and in Weld County, Colorado. XII. CONCLUSION It is submitted that this Service Plan for the District, as required by Section 32-1-203(2), C.R.S., and Section 32-1-203(3), C.R.S., establishes that: 1. There is sufficient existing and projected need for organized service in the area to be serviced by the District; 2. The existing service in the area to be served by the District is inadequate for present and projected needs; 3. The District is capable of providing economical and sufficient service to the area within its proposed boundaries; 4. The area to be included in the District does have, and will have, the financial ability to discharge the proposed indebtedness on a reasonable basis; 5. Adequate service is not, and will not be, available to the area through the County or other existing municipal or quasi -municipal corporations, including existing special districts, within a reasonable time and on a comparable basis; 6. The facility and service standards of the District are compatible with the facility and service standards of the County and each municipality which is an interested party under Section 32-1-204(1), C.R.S.; 7. The proposal is in substantial compliance the County's Master Plan adopted pursuant to Section 30-28-106, C.R.S.; 8. The proposal is in compliance with any duly adopted County, regional or state long-range water quality management plan for the area; 9. The creation of the District is in the best interests of the area proposed to be served; and 10. The creation of the District is in the best interests of the residents and future residents of the are proposed to be served. 12 EXHIBIT A Legal Description BOUNDARY DESCRIPTION FOR PLATTE VALLEY PARK AND RECREATION DISTRICT (Coextensive With the Boundary of Platte Valley School District RE -7) INCLUDING: Beginning at the intersection of Weld County Road (WCR) 59 with US Highway 34; thence westerly along the centerline of US Highway 34 to its intersection with WCR 57; thence northerly along the centerline of WCR 57 to its intersection with WCR 56; thence westerly along the centerline of WCR 56 to its intersection with US Highway 34; thence westerly along the centerline of US Highway 34 to its intersection with WCR 47 ''A at the western boundary of Platte Valley School District RE -7 (District); thence clockwise along the District boundary to its intersection with the South Platte River; thence easterly along the centerline of the South Platte River to its intersection with an unnamed private road and the Riverside Intake Canal; thence northerly along the centerline of the unnamed private road to its intersection with WCR 388; thence easterly along the centerline of WCR 388 to its intersection with WCR 61; thence southerly along the centerline of WCR 61 to its intersection with US Highway 34; thence westerly along the centerline of US Highway 34 to its intersection with WCR 59, the point of beginning. TOGETHER WITH: Beginning at the intersection of WCR 61 with US Highway 34; thence westerly along the centerline of US Highway 34 to its intersection with WCR 59; thence southerly along the centerline of WCR 59 to its intersection with WCR 52 % ; thence westerly along the centerline of WCR 52'V to its intersection with WCR 57; thence southerly along the centerline of WCR 57 to its intersection with WCR 52; thence westerly along the centerline of WCR 52 to WCR 53; thence northerly along the centerline of WCR 53 to its intersection with the Union Pacific Railroad; thence westerly along the centerline of the Union Pacific Railroad to its intersection with the western boundary of Platte Valley School District Re -7; thence counterclockwise along the District boundary to its intersection with the South Platte River; thence easterly along the centerline of the South Platte River to its intersection with an unnamed private road and the Riverside Intake Canal; thence northerly along the centerline of the unnamed private road to its intersection with WCR 388; thence easterly along the centerline of WCR 388 to its intersection with WCR 61; thence southerly along the centerline of WCR 61 to its intersection with US Highway 34, the point of beginning. Platte Valley Park and Recreation District Boundary Description Page 1 of 10 TOGETHER WITH: Beginning at the intersection of Weld County Road (WCR) 59 with US Highway 34; thence westerly along the centerline of US Highway 34 to its intersection with WCR 57; thence northerly along the centerline of WCR 57 to its intersection with WCR 56; thence westerly along the centerline of WCR 50 to its intersection witlx US Highway 34; thence westerly along the centerline ofUSIlghway 34 to its intersection with WCR 47'h at the western boundary of Platte Valley School Distnc t I -7 (District); thence southerly along the District boundaryto its intersection with the Union Pacific`Railroad; 'thence easterly along the centerline of the Umonlracific Railroad to its intersection with WCR 53; thence southerly along the centerline of WCR 53 to its intersection with WCR 52; thence easterly along the centerline of WCR 52 to its intersection with WCR 57; thence northerly along the centerline of WCR 57 to its intersection with WCR 52 ; thence easterlyalong the centerline of WCR 52 'A to its intersection with WCR 59; thence northerly along the centerline of. WCR 59 to its intersection with US Highway 34, the point of beginning. EXCLUDING THEREFROM THE AREA COMPRISING THE BOUNDARY OF THE SAND HILLS METROPOLITAN DISTRICT, AS FOLLOWS: Platte Valley Park and Recreation District Boundary Description Page 2 of 10 63 k'Ea`'4-car-'i"AE STA ?$l. BOUNDARY DESCRIPTION FOR SAND HILLS METROPOLITAN DISTRICT TOATSHIP 4 NOR E•. .UWE S2WEST OF :TOR B 7I P.N. Section 3: MNI/4 Section 5: Ail SeCt.#.on 74 All, BpCCEP'T a strip o2 land 100 ₹_et wide, Being So feet on each; side of Center of track or Colorado central .Zailroad Caopany in the 5a1/4SH3f4 of said Section 7 as conveyed to Said company in Dee ,ZOocrded in Sock so at Page 586. ALSO 2XCEPTING.'THEREFROM that pares1 of land as conveyed to The 'T`3 Ruch, LLC, eCoic. act ii kco liabi? icv crecorded 2003 Reception .to. c ��.ny bys:D[sgt_1 �v�:c 12 _, ., as 3072323...; yUS31P S ?FCR I, ,RANGE 62 t*EST C8 setttiion 2: W1/22!1/2 BdC`'ion 15; v1/2E1/1, ul/2 Section 174 All Section 3.8: All Section 194 All section ?0a All Section 21: All Secti0A.25s All $aCtiob 32.: 111 SeGtiOU .3'Jt All ?ov a trO.. i NORM RA27 S :Sen4014 .lr All ALSO c..•Kc.F,ii'Tm ;^"R::F'.CM that parcel of land as conveyed to The TH't ani:h. Id>C, a cola:ado lirzl;i liability comp rly by'Deedreaorded 3inMr 22. 20n3 as Reception No. 30:2323. . 30.CEfon •9r:: ALL. lxgEAT a scrip bt land'100 feet wide, feet: on each 'aids of tenter od o€ Colorado Central. Railroad iCoa*panf: in .:the. N:;7/4 - Said .Secticn 3 sa conveyed to eaid 'rptcpany 3.n 1-d recorded in son% SD at Page SRS: alnd E'SCEPT a CC -kip of land 206 feet wide on each side of the center line of the railroad o2 the Jr ien R.a+3roaei onpany, as reserved by said Company in wartinty`Deesdco the ₹21)4 oE said SeCtiet~ 3 ecorded 30 Sock 201 at ?ago S2; and s.xCG?T that part of Nrall4 of said Sstetion 3 caavcyea to Rose .park in Quit Claim Deed recorded, in- Bccl: 1:45 at Page 433 decaribed ac e::at porrio:i of'land d lying sc3 being along the West side cf t':u N1/2 of said orcticn formerly laid =tee a county road bua abandoned as socU racEP'P2?R3 TAEREFROM a parcel ccaveyed Goy ieid County '^. deur3 recorded May 26, 1095 in Bock 14:93 as :reception No. 2440 048. ALSO EZC+✓' ING-'7`MEMOM that parcel of land as c:.:veycd to The Tti Kandla, LLC. a Colorado limited liatility c pang by -,Aced recorded Om e 12, 233 as -cccpticmn tho. 1012123. Sand Hills Metropolitan District Boundary to be Excluded from Boundary of Platte Valley Park and Recreation District Page 3 of 10 .5sctic3t 104 ALt, EXC-PT thno. r r t..Q! tare .NR1/43t114 thereon conveyed .to the state Ceparsmait -ot •highways, Divioion o2 NiciCwayn, Stt,tc of Cf r1Ca in Special:Warranty rranty Deed reeerrI ti in Book 1215 as Reception No. 2.161552. described an to11ower geginr:irg at a point on the Sant right of way tine or 'Weld County Road 6i (July 10581 from which the Ear.C Q:oarcr_r corner of s„id section 10 heart :,a:th «4da9fee5 00 nitutNa 40 Scccnds Bast a disttttso of 255,16feer thence North 89 degrees 19 minntea ;0 ;econdn Wont .4 fact to a point on the hest r:.ght of vn' line of Weld County Read 69; thence South 21 degrees 21 rinute5 23 rr:ccr.nr nest 321.37 feet; thienoe South 61 degrees 36 tei.netgr:.f0 seconds tr'est 57.20 :feet to a point en the Northeast right of way line of State Di,huay 36 (July 1936)r thence nude f1 degrees 36 miotitet East continuing eleng Paid right ct way line 251.45 feet, thence mart« 10 degrees .79 minutes SO 6ec00da West 397.5) teat rare or lone, *p the Point o€ Beginning. 4.50 EXCZPTI::G ;R_Ri,FRO0( that,;.:r eel of 1,.:: is co:veved to The 1St Ranch, LLC, a Coltrte4olimited »f yi1ity ;cocvany by peed recorded JuetE.12, 2003 &s Reception No. .'3072323. ALSO EXCEPTING 'ER&AL P.014 that pertitn..ol'Section 10 convoyed by nead.recerded Novemhdr'4, 1998 an Rccc7ticn No. 2651545. itagaSNfP 5 Rowm. 1;AN.GE 63 SP OP' T8z 81'a' Y.M. s Otiotr. 9' .All Sataflop 13' All All Aectien 10o, 51/2, : v(2/4; EXCBPT t`t.t portion at the /2swy/4 `thereof conveyed to the F.iver.sidn Reservoir and Lsrd Cmparry in warranty Deed recorded in look 4C .:t Pare 237, described au £ollowe, Beginning et t pint 200 feet Eouth E7 df rcen 29 lninutcs Sant of Stati_n 0 of the right of way of the !ceder ditch of Thu Riverside Reservoir, from whence the Northwest nor;:o_ of said Section 20 bear.sjtorti4.b3` degree:: 19 minutez ri_•:t 4491 feet, .thence run in :to Easterly direction a1oeg the' Se tbern bouedary cf _ .._ r_yht of way of feeder ditch 7!D ::feet to a point en the suuthera «Dttrtliary ofsiig of r3r3he oe way: tbenco run due South 5310 feet. more •or.less, to,:ap'eirt ,:on the North hank of-theUtb Platte Rivers '.}aeon run in a Northwesterly direction .along,Oe Nee*: bans[ of the South Platte River to the Place. Of ae honing . Section 21`, All Section 2,2r; ]►l1 Section 230 Al/ Section 244 Settle 2SSi. All weot:.on 27r 11/.24 :TWI/ri, 0l/2rW1/4, s21/4SW1/4. Section 344 Elf2, S1/2`'41;4; and that part .of the !2/25)11/4 described as follows: Beginning at a paint on the Korth lice irfthe sW1/4 of 5ECC1OT 35, 1675 fte BaOt of tht Nart,Veet corner eY said sW1/4, to a point on the No:~..t lino _ the riche of way of the union F5ci₹ic .".a_irnadCnRpan;•: the:ce Southeaaterly along sail north line of _said riot Of way to the East line of raid S91/4: thence North as said E«F.t line to the sort:lea:tt eOrner of said SW2/4: thence West on the North lire of na'_d sw:/s to the.Pein: of Beginrti.ng. r" JfC£PTZN3 3TiER'PBON a parcel con:'eyed to Veld County by deed reet.:4O4:.May 2i.. 1995 in Acne 1473 as: Reception No.:. 2440448. �I;� ALSO UACCRP!P,tWTA'ERZFROM thatpar»el of land as coeV yal%: to'She TH Oieuc3iLC: a Colorado 1. itci I'ability pmpaolvhy h*oVrneorded June 13,. 2803 as Recopttort ke.. -1072323. Sand Hills Metropolitan District Boundary to be Excluded from Boundary of Platte Valley Park and Recreation District Page 4 of 10 g"ecst3laa 33; rx=rrnic ROT! ag,cc: ranv+tgl, tD 11e1d fiJs11 deed recorder) May 26. `3 ::ia :8odiC- 3 93 as AeeaB'l 10 170: 2440049. ALSO prY.cann+� "_"H 5LEFROK that : real Of land as eo0eyed . t0 he Td Roach, IAA a :Coloza o'Simitad liability. Company y by nee::: ateesrdad abbe •13r ;003 as. Reception Va. 1072323. ;aeetiea. 36t 6u1/atw1/4. ; 7SPT tha'L'pa:"c excluded frefk:Pxtenn from the Stateof Colorado 3.a to6k 232 et 21=4 deaegib4 au follow:1 Commencing at.a.paint 1337 feet Louth pE:the Southwest corner of. Section 36, Township „I Merth, Range 63 West of the:Atli P.H,1 geyt-n4 fact? thence South 25 degree:, 45 ra3,tYahaa; : . tbenCe South 32 degrees 32 70441itealteSt 155 toots thence South 52 degrees 19 minetet ;ass 132 feet: thence South 73 degrees 49 r nutes. tefii It 236 fete t thence South SO dogreeo 20 miont44 'Sass ices: thence south 23 degrees 46 minutes coat s03,/cut; thence South 17 degrees 50 minutes East 447. foot to a point 2007 feet East of the Southwest CO:ner of. . said... Section 35; being a strip of Land 150 test wide, 7.5.lp(fC on each side of above described centerline. AT,SO 17:_?.EFRaS that parcel of Iard:4a conveyed to_z�sti TE °L!.LC;a, Colorado limited liability eou4;any by Deed recorded_ Jena'12, .20.63 as: Reception 2:o. 3072323. 71,W OF: XII of ;locks 0 and 5, and a31 of Lacs C and De 101.;# TOGETHER WITH all of the vacated alley betw.:en Blocky 4 and 5 and Lop C; 7.o4;all of vaeate3 castle rvc..c3 between Blocks 4 had 5 'Dad d lot C; and all of va*tad Davies ;,v curie South or Cullen SLreetr a.sd the...S*Utheasterly half of said vacated flindes Avcuue tctween Culiea..Street aid Rich therer; Street adjacent to sui:1 Lot D. EXCEPTING :!tae tha applicable :portions of the leads deac=ibte, it said Parcel . the fo11a'.. g parcels COnvcye4 ice tin Colorado Central • Railroad Company recorded in sock 10 at Page 237; described as follows: In Section 11, Township 4 North, Range 62 Went througb the SE1/4NE1/4 a otrip of land 64 feet wide from the tenter line of the Colorado Central F_ailroad on each: aide thereof: -through the nalptAlife,e :Ttrip of land 64 foet fr width' from the center line eforeuaid and on each side t::ersogr through the NS1/;:;W./1 a atzip or land 6G to widttti` «-tam Said center line on t.sch nide thereo± • Y through the n41/Y:'A'_/4 a strip of land 1CC feu. in ideth from saideenter :i::w cn each side: 11120, thefollowing desc_iLLd tr=ace in . Potion 13, Township 4 Worth, Range 62 West t::.ough trio 1/2NE1/4t 0, Strip of land 130 feet wide meas;:red frcrti the zenter line aforesaid and on each mid^ therece; Iles in Section 7, Tc4^n0hip+4 North, Range 52 hest a strip of land through the :+1/2s 114, 144 feet vice from said center line On each aide thereof': aloe in section12, Townr.hip 4 Worth, WengC i3 West A *trip of land 150 feat wide from ca±µ center lint and on each side thereof through the rwl./2SE1j4.. Sand Hills Metropolitan District Boundary to be Excluded from Boundary of Platte Valley Park and Recreation District Page 5 of 10 The renewing id a :description of the seater lire of the Colorado Central Railroads Beginning.. A. a point on the East line of Section 17, T euthap 4 Worth, Range 6; neat, 1336 feet South of its: Northrest Corr: rt2nnin3 thence 1:artb 51: feet to a stake; thence North ci degrees 19 minutes West 3G .feet to O stake; thence North BO ;rues 38 minutes West 100. feat to a estate; thence North 79 degrees; 38 minutes West x;00. •foot to .a. stake: thence Worth 78 degrees 33 .mutes:west '00 feet to at seater tbleoce North 77 degrees 38 minutes vent 100 .act to a Starer rt.pnce North 76 degrees 3a vi^.ut t ;rest 100 feet to a etakcr thence Worth 75 degrees 33 minutes West: 100 feet .to is stake: thence Ncrth 74 degrees 38 minutes snake; thence North '13 degrees 38 minutes stake; thence North 72 degrees 38 r_ :_mutes state: thence North 13. degrees 38 cif: vte5 atnket thence North. 70 . dageees 3d: mislutes North 49 degrees 38 miraten stake; then ataker thence North 50 degrees thanco-Ketch 57.:.deg`ere:s atstJ�r thanes North65: _deg; sea snake; thetce stake; thence North 64 degrees 53 minutes Neat. SO fee ,to stake thence North 84 degrees 35 minutes 'lest 4.52 feet to 'a Stake at the edge of the Dlacte ,River, which ttei:e is 1278 feet Want ane 763 rest south of :`c quarter corner: . on the Weet line of Section 7. Township 4 North. Range. 62 Kent. The amine than dencribed cremes the section arm, svbdivinionel lines as O11c' . 'fist The North and South center line of Sect£oni7 at point 1041 fret South thtq. smarter corns;; on lid forth 1i re., TO= West l-oc of. SectiCf 17..st A point. 682 feat 9OUth of the Northwest cotter, The :Ir'rctl;line of Section 18 at a.•po8'nt;313 feet. East of the qt.a te: &Or: er of eaia lines. rye ) rth' and South ;.tints•; line Of Sectiets .7" at a point 14'5 fcat. Worth of t:sc quaftnt encn t 03 i._j: section line. 7tio West line of sent -poll 7 at...a roinn 13.63. £ee8. Both. of the quertsr 'coiner an-ax:s..Weat line,' "' ' • - ' degrees 3'0 7141r0t00'Kest 5730 Co a 31, mimute; 38' ailmttea Nasth 65 deg:.^eea-:38 minute= West 100 feet West '100 feet'tC a' West .7e feet to a went 100 feet to a. test 100 west. 7:00 feet toe: feet tb ei 38.nirtes Meat 100 feet to a West 100 feet to a feet to iR feet to..a, Went 100 Wts.t.lo0 $XCSP'-TING from thee, MITO4a05.1a paztinns .of : fends doecribed in said Pargel 1. the showing -pae0Ol.s`. 8. tract of land. located 4n the ;1/3 of 8`eation: 14:... *d the w112 of 5cstticn„as; al.l in :cwnship 5 ornn,as%ga 63 Nest. of the 6th:P.x., County et Weld, State.i8E.' CO:trado,. end:beingte a pArtteu Orly den`==i cd;*e. follows* Commencing. tt the Atet Qt4r.ter corner of Sect -041..4 and conzider_ng the tact line of ;aid s.•etion.34 to bear South 00 'Sr_3rer_ts 00 minutes 26 seconds East and w,th.*3.1 other beez,x contained hetabeir.5 relative. tfieriitct. Sand Hills Metropolitan District Boundary to be Excluded from Boundary of Platte Valley Park and Recreation District Page 6 of TO thenco South 00 de9rr_<'s 00 36.00 feet along nzid Ease eeginniagr thence South 86 deExarc 09 7.1.00 Peon, thence Nort% 63 gees 02 335.00 feet; thence South ..'B6 degrees 35 86.00 feat; thence: worth.'2 X52.00 feet thence North 7 112.00 feels thence North 7 99.00 feet;. thence North .0 313.00 faet; thence North.2 80.00 feet; thence North 70.99 Feet; thence North 264..89 feet; thence North Sa6.3 feet; thence ScL• th 1042.77 t.cet thence South 31.05 feet; t .r..ncd south 651.28 goat; thence South B 30•.01 feet to au* Tr. `Bode o#. aa93ssnirsg. drareOs ,35 2 essroee 31 ednute2 00 ¢erondi Weaty 9 i'iegreen 25 rid:mites 00 second Oest, 0: degroea 00 #bin ** :00 nocoad.9 13aSt, d.'_+3 -r el4- the :00 :seeodd8t11fe.ct;r, 16 degre i i0? iaisaukeh %1 re ds filiSt : 28 degree's .:1.5 ednu'Cee 04 degrees 44 minutecf'34 seecad9 Eau. 74 degrees S2 minute • 13 eetUndc tars. to. a 1;m2.n.L on dein ! t Zinc of Sectiarn 14: 74. degrees 52 iaiinuLue i3 necuude mast. 00 degrtea . 01230inutes 3d :.aaecssda Cast, 6 degrees 09 s nutca 00.ssecondo iaitat. Minutes 36 ❑eeccds gaOt, line:0O the Txt e Point Of m3.ntiteS 00 ceconde bent. minutes D:Q saccade Hest-. =Lentils 00..eeconds..VestS. Banutea flu. seconds *get, BUT NOT EXCLUDING THE FOLLOWING FOUR PARCELS FROM THE BOUNDARY OF THE PLATTE VALLEY PARK AND RECREATION DISTRICT (WHICH FOUR PARCELS ARE EXCLUDED FROM THE BOUNDARY OF THE SAND HILLS METROPOLITAN DISTRICT): Sand Hills Metropolitan District Boundary to be Excluded from Boundary of Platte Valley Park and Recreation District Page 7 of 10 Parcel #1:. A.parcel ofhnd beingranofthe.Southetist (hurter (SE114) of Section Tv..ent: -Scvcn (27) and girt oftlie Northeast Quarter (NE1/4) of Section T1:,i i, four (34), &'h in Town<<lh i; 1' ivr Norih (EA), Range Six c y -three (63), Wcst o the Sixth Principal 1M+1e tan (6th P.M.), County of Weld. State of Colorado and being rnore particularly described as hallows:. BtGINN1i4C at the Nbribccst Corner of'aid Satin: 34send a:,suming th Edst line,of the TIE1/4 ofsaid Section:I4 a. Dearing So:1th "0'41'19N East, being a Grid Bearing of ttreColorardti State Pic Coopdiraic. System, North Zone, North Axrierican Datum 1983192, a distaike a . g6Ib.433 fb.t. vittit all orber<liearings contained bereiturelative thereto: THENCE South 89°47'13.1' West along t; ` Xdrdr l he,ofsaid NEI/4 u ditenar. of 1000.03 foot to the TRUE POINT OF;BEGINNTNG: THENCE South 00°411119" East a distance of 1526.33 fedi if South &1'02'21" West a dill in 'o of 665.85 feet 1 CE North 36'08'0G` Wr t s distance of 1032.60 feet;: THENCE North 0t141119" West a distarcc of2S2y.34'tpet; THENCE South 58'47'_5" Fast a distance of 148634 fees; THENCE Snit. ' 00.41'14" pact a distance of 997.64 fr, t to, the TRUE PANTOF BECINNING. Said described parcel of land contains 80.017 Acres, more or less (I) and is subject° to any rgh. ,:',f-w�:cy or at'rer easements as 4;reservcd by in tr unienis of record or us now existing Oh said f'e::cribrd parcel of land. Exclusion from Sand Hills Metropolitan District Boundary (to be Included In the Boundary of Platte Valley Park and Recreation District) Page 8 of 10 Parcel#2: A parcel of land being part of Se--tion Twrent•: •:even (271. and part of the Northdialf(Kl/'2) of Section Thirty-four (3.1), till in Ton nshia Five North (T.5N.), Range Sixty' -three ?Nest (27._63W.) of The Si7,tla`Princinal Afrridian (6th Y.M)_ County -of Weld. Staten; Colorado and Sting more particularlydescr:h as follows: IW(1NNTNG at the Northeast Corn, i of said Section 3.1 and as:inni:tg the Ca9t lti ofllte Northeast Quarter (NCI of s.,i.1 S:::tie n 34 aslitaritigSouth 00 '41.'19" l'1;i" :1at,being aarid Bering trf the Colorado State Pls.:. CCsiord nate System, North Zone, North Amcsican Datllln_ It383/52; adi stanee,d2616.43 fcal with art Miterbeari.'lgc contained herein tettliyathereto: . THENCE South 89',4,71 V West along the North .linaIlf Ea1.t11E1/4 P distance of2262.13 reel to theTRur3POiNf Oi 13EGTNNINC: TIIENCB South 00"42'05. East a dlstsncc of756'77 ee THEN'E North,'?7'39" West a distinct of 161151;30* i'iiit\t F South $3'20 0"• Wst a tiistarra of 201.21'fee it rF.NC1; North:cs 49r07'Wctt a distari c of 2465-13 leg THENCE South 5S'47'25` First a distance of 16222.43 it. 'I HENCE South 00'42'05' East a d,Nii' a of 2046.71 fed to the'l'ftil4:1 OINP:OF BEGINNING. Said desert parcel oftand eontaxbs'R0.001 Aires, mote brlcss (f) and is subject to any :iv.hta- s granted or other easements as, or. reserved sy in+inn I - e- of r ord or as.1"low casting on said dcicribtod pace! of land. Parcel #3: . A r::% -c1 of land beitng part olthh We,t MOM 2) of It i raronty-seven (27), Tov tip, rive North (['.SN.), kat, Eta Sixty.three Went tR53W.) otttlhe Sixah Principal Meridian (Gth F':M.)r County of Weld, State of Cul,' n and bcinL::non: purticul trip described as follows: BEGINNING a llttlf`Sitieast Corner of Soion Thirty-four r (34) and aasrimtng the East line of rite Northeaskilquartet. }..pft said Secua z ss b ar 5t�tt:l: 00'., I> I :;;t being:d Gi3d 'Bearing of they •... ada3Sbttc Ptare Coordinate c,>r i.:, North ;lnr'. North Hair.,, ur t?atinri: • !9$.192.8 di ;026id.43 feet with all caber bracing;!. contained herein relative theteio;: THENCE With $9'4713" West:gong the Nona Line ofaaid Section 34. also being the South lhnc.of•Ea Section.3'7; a dietaneeof3922.42 feet to the West Sixteenth Cornerconanargiclo,: • Sections 2144-T.5N. R63W4. TITS [s North 00409"Eassalong the gas of iheSoullmcst t iancrofthe;Serdt'rucst.. Qu2tt'mt' (SW.14 SW lt4) of said Section 27 a siistance.of 590.95 feet Q lle'IRU$ POT T Ol BEGJNITING; Ti16Y. CF continuing With 00'403:' ilust along said Trait line a dissaiiee:of?25.06 feet to the Nculte:nt Coma of said $V]/4 SWI /4; . . IIT.NCti Soutb`S9'02'21" West along she. North line ofssidSVW4 SWil4 a distance nr954.44 tcet to x imint Three (clad] (hi fort (3C0;') Pos:cr'.i of as mcsSuted atrii;ttt angles to the Westline' of re' d Sectian47; Thence alone tine Three Hundred: feet(3r;t3't f-i. re Iy of's si ;:asured'at right an,;:es to and r:usilel with the:Wcst tu,enf said section 2711) ('.tc:followingtwo (2) coti;scs and dir,tance :: Ti)I NCF:.'Noith:0.1.'1142":1-:aet a distance of 13i3.44 loci; THENCE::140440.!56'18" 0.56'18" West a distance of 177S.21 I:;c3;. TITENCE South 5'8'47'25"..::Bast a distance of HI 1.62 feet; THENCE South 00'4;l'07" Bast a distance of 32;0.&.7 lost:. THENCE North 59`31.3S" West a distance *132034:feet.to the TRUE .1'Ot`rT OF )3$GCI".#N7nG. Sa ddes.art'ted parcel of land cantahla80 310 Acme, iteto'O 4 ( ) and isWipe! to.:soy rights - of vi sy or..,pther easements ass gassed Or reserved by insiriuxieuts'nf.Nepal; or.as isow existing on said dOcri.icd.pwnel of land : . Exclusion from Sand Hills Metropolitan District Boundary (to be included in the Boundary of Platte Valley Park and Recreation District) Page 9 of 10 Parcel #4: A parcel of iand'beintt part of the Southeast Quarter ($131/4) of Section Twenty-one (21); part of: the Sottthv.tstQuarter (SW114) of Section Twenty-two (22); and part ofthe Wcstlialfofthe 1,Wcst11a11`(WLt2 011/2) of5ection1'wenty-seven(27), all utTownsitipFiveNorth ('1SN;), Range Sixty -Three hreeWest (it .63W.) of the Sixth Principal Meridian (6th P.M.), County .ot Wek . .State of Color.uio and being more particularly de esibed.as follows: BEGINNING Q.t.the Northeast Coma atSeCtien `dirty -four (34) end assnmrrng:the<F.asi'line of the Northeast Quarter (NE I /4) of said Seeiion 34 as bearing South 00°4119" East,ling a Grid ]Scaring of the Colorado State Plane Coordinate System, North Zone, North American Datum 1983192; a distance of 2616.43 feet with ail other bearings contained herein relative thereto: TITENCE South 89°47' 13" West along the North line of said Section 34, also being the South lineof said Section:27 a distance of 3922.42 feet to the West Sixteenth Corner common to Sections 27/34-T.5N.-R.63 W.; Thence alongtle List line and a portion of the North line .atthc:SouthwestQuarter of the Southwest Quarter (SW1/4SW:114)ofSaid Scetion27by146;i 00eing Iwo'(2)coursesand distances: Tili'.`TCII North 00°40'49" Fast a dtstehce of 131641 feet; THENCE South 89°02'21" West a distance of 98444 feet to a point Three Hundred feet (300') fiasterly of as measured at right :.0 ,lcs to the West: line of said Section 27, Said point being the TRUE POINT OF BEGINNING: 1 ,II3NGl? entintinui Booth 89°02'21"Vestnlongthe Nnrih lino ofseid.SW1/4 SW1/411 distance of 300.21. -:feet to the Northwest Cornet of said SW1/4 SW1/41 THI NGl north.U1 01°11'42" East along the West line of the Southt :Quarter (SW1/4) of said Section 27 titl;stanc a of 1319,15 feet to the West Quarter Corner of said Seri ion 27; TI{f'NCI l4orllt 00°56'18° West along the West line of theNorthwcst Quarter (NW 114) of said Section 27 a distance of 2437,50 feet to the Northwest Comet ot said Section 27; 11lCNC:E South 89°31'33" West along the South line of the SF1/4 of said Section: 21 adistancc; of:900.021eot; 111LNC1: North 00°53'29" West adlistance of 1435.76' feet, UENCR Nottlt 89°31'33" Fast a distance of 1600.04 foci; THENCE South 00'53'29" East' adistance of 1441.96 feet to the Southfirie;oftheSWI/4 of said Sot ann.24; JIILiNCeNot:tlh.89°58'03° West along said South€ine a distance of 400.05 feet to a point Three Tlundrod feet (300). F,stster1' of as measured et right angles to the West line of the Is1W 114 of said Section 27; 'thence along a line Tr illlndred feet. (300) Easterly of as measured at right Wiles, to an p`wallel withte West line- of Said Section 27 by the following TWO (2) courses. and distances: TI IENCE.Sout'h O0°56'18" 'Fast a distance of 2638,00 fact; 'MINCE NICE South 01°11'42" West a distance of 1313.44 feet to the TRUE POINT OF NEC INNING. Said described percel-oflund contains 80.018 _ Acres, more or less (x): and is subject 10 any fights -Of -way or other as granted or reserved by instruments of record otas now existing on said descrtbud parcel of land. Exclusion from Sand Hills Metropolitan District Boundary (to be Included in the Boundary of Platte Valley Park and Recreation District) Page 10 of 10 EXHIBIT B District Boundary Map Platte Valley Park and Recreation District EXHIBIT C Primary Infrastructure Plan Platte Valley Recreation District Building Proposed Facility Information Estimated Opening Site Size (Acres): Building Size (gross floor area) Estimated Building Construction Cost Cost (per s.f. without land): Funded Proposed Project Estimated Costs 12/2/2013 2015-2016 15 Acres 59,740 s.f $10,878,000 $182.09 Bond Issue Item Cost Land (15 Acres) $1,100,000 Construction Cost $10,878,000 Contingency (5% of construction cost) $543,900 Soft Costs (20% of construction cost) $2,175,600 Design fees Legal Development fee Project Management Soils Investigation Surveying Testing & Inspection Utility Services Furniture, Fixtures & Equipment (FF&E) $870,240 (8% of construction cost) Water Tap (8in tap for 20 shares at $20,000 a share) $400,000 Total Capital Cost $15,967,740 Project: Kersey Community Genteel Date: 12/2)2013 PROGRAM AREA SUMMARY and COST OPINION AREADESCRIPTION z3.; Unit Cost ,Subf Sub2-.= Total` a, Unit Cosh.: ;SSt.- TOW Public Amenities 1,200 s.f. $180 s.f. $216,000 Reception Facilities Entry Vestibule Lobby Lounge Reception Control Desk Public Restrooms 200 400 300 300 1,200 Multi Purpose Rooms 3,930 s.f. $150 s.f. $589,500 Common Areas Security Vestibule Reception & Control Desk Office Storage Janitor Closet Program Area 470 Class Room/ Toilet Work mom/ files Conference Room BO 80 120 120 70 3,460 4 @ 500 s.f. 3,200 40 s.f. 120 140 1 @ Senior Area 1,770 s.f. $150 s.f. $265,500 Common Areas Security Vestibule Reception & Control Desk Office Storage Janitor Closet Program Area 470 Lounge Computer Room Crafts/ MP/ Dining/ Kitchen 800 sf 200 s.f. 300 s.f. 80 BO 120 120 70 800 200 300 1,300 Administration Facilities 1,140 s.f. $150 s.f. $171,000 Common Areas 520 Once Machines Area/ Copy Files staff Lounge Staff Lookers Business Staff Directors's Office Assistant Directors Office Accounting Office Extra Fitness steal Program Director's Office Extra Support Staff too 140 100 100 400 Housekeeping Receiving Extra 130 0 3 @ 90 s.f. 270 110 110 110 0 110 'Locker Facilities Common Areas Express Lockers Extra Extra Women's Locker Rooms Lounge Day Lockers Wet Vanities Dry Vanities Showers Steam sauna Jacuzzi Toilets Changing Room Telephone Room Towel Drops Circulation/Other Women's Workout area Men's Locker Rooms Lounge Day Lockers Wet Vanities Dry Vanities Showers Steam 50 @ o @ 150 0 0 300 150 2,300 2,300 5,100 s.f. Page 1 of 2 $180 s.f. $918,0001 O3003 ohlson Lavoie Corporation m'Iproposele105VJevolelvlara pro -health progam area summery a with pool t2t,h4 Project: Kersey Community Centel Date: 12/2/2013 PROGRAM AREA SUMMARY and COST OPINION ARE4iDESORN,ION : Qty. 'k Unit Cost ?. Subi —Cub2. `_TataF-- Unl tCost _ -- Sub: Total Sauna Jacuzzi Toilets Urinals Changing Room Telephone Room Towel Drops Circulation/Other Extra Family Changing Rooms 70sf 350 Gymnasium 12,400 s.f. $145 s.f. $0 $1,798,000 2 full court basketball Gym Storage '_Wrestling / Gymnastics Floor Storage/ Staging 2, 6000s.f.. 400 s.f. 5,0000 300 5,300 s.f. $150 s.f. $0 $795,000I Fitness 8,200 s.f. $150 s.f. $0 $1,230,000 Fitness Facilities (Includes CR/PR/PT/OT Exercise Equipment) Cardio-Fitness Circuit Weights/ Solectarized Free Weights/ Plate Loaded Stretching and Floor Exercise walk jog track Indoor Natatorium 1,200 1,200 1,200 100 4,500 8,200 12,300 s.f. $290 s.f. $0 $3,567,000 Combined Leisure and compelalive pool Pool Storage Pool Offices Outdoor Amenities Splash Pad Outdoor picnic area Basketball/ volleyball Dog Park Walking Trails 400 et 400 s.f. 250,000 20,000 50,000 'Support Facilities Mechanical Rooms Electrical Rooms General Storage 500 200 600 Pool Equipment Room 'TOTAL NETaOOR ARgA.(NFA)- ..^_` _ Other gross areal circulation) 11.0% of NFA 1,200 2,500 s.f. 53840 sff 5,900 s.f. $320,0001 $120 $300,0001 '$'Baca s.f: $10,170;0001 $120 $709,000 TOTAL GROSS FLOORAREA (CFA): 59,740 s.f. Pei:GFA= 1182.09 et.;;m.. $10,878;000 Page 2 of 2 CO 2003 Ohioan Lavoie Corporation rn:Iproposelsln5Nlavoielviera pro -health prey am area summary 0 will, pool (2) -MI EXHIBIT D Financial Plan PLATTE VALLEY RECREATION DISTRICT No Growth Development Projection at 3.000 (target) Mills for Debt Service Series 2014, Cash -Flow Bonds, $16.000M Project, Non -Rated, 2043 Final Maturity N C Aom 0 0 0 0 0 0 m 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N o 0 0 0 0 0 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Co 0 0 0 O U) U) U) co U) U) U) U) U) U) U) U) U) U) U) U) U) U) U) 0 41 IO U) U) U) U) U) ri O 0) 0i 0) o) of of o) 0) Oi 0) o) 0) o) o) o) of O) 0) of 0) o) 0) o) of o) o) ro v v a v J v a v v v a v a 7t v v v v c Tr v v v N (0 (0 co CO (0 co co co co. (0 (o (O U) (O (0 (0 (O (O (0 N co O CO r (0 (D O (0 M M M M M (I) (7 M 0) m 0) M 0) M M 0) M M m M M (') M m M M M M N N N N N N N N N N N N N N N N N N N N N N N N N N N N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CO r N N m N m N N N N N N N N N W N m C N N N N N m M N N M N m N N N N N N N N N N N N N N N N N N N N N N N N N N M r r r r r r r .- r r r r r r r r r r r r r r rOi a M O O O O O O m C') C') M (7 M m M M C) m m M M M C') m M m M m m M M C') M m m m N N N N N N N N N N N N N N N N N N N N N N N N N N N N N 00000000000000000000000000000 0) N N N N N N N m N N N N N N N N N N (0 N N (o W (V (0 m N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N ✓ r ....... r r r r r r r r r r r r ...... r r m CC U) CV m N M 0 0 0 0 0 O M M m m m m m m m M M M m m m m m m M m m m m m m m m m m U N U) U) U) U) U) U) M U) (0 N (0 IO U) U) U) U) U) (0 ) U1 U) (0 U) U) U) U) U) N N N N (0 N N W (0 N N W N N N N N N N CO N N N 00 00 W N N N N- fN- NN- NN- NN- N fN- NN- IN- IN- fN- fN- IN- NN. N n n r- r r N- N- N N- N N n r. n 0000000 0000 c00000000(0 00000000000c00000 N N N N N N N N N N N N N N N N N N N N N N N N N N N N M N 0• 1 r 0404040101010401 (N ............ N 04 N r O 0 0 0 0 0 0 C) 0 0 0 0 0 0 0 0 0 0 0 000 0 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 0 o$ 0 0 o 0 o 0 0 0 0 o o 0 o 0 0 0 0 0 0 0 0 o 0. o 0 0 0 0 0 0 0 0 O O m M m co m m M M M C') M m m () M M m M t) m m m M C) m M C') 0) M (My N TIr O O 4 C') V 000000 0 0 0 0 0 0 o 0 0 0 0 0 0 O 0 0 0 0 0 00000000 0 0 0 0 00 0 0 0 0 0 0$$$ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00000099 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o a o� �$ 0 0 0 0 0 0 0 M CCi CO M C) C') M 0) m M M CC) M M m M M 01 m CO M (') U) M M rim CI) 7 'V' sr' Tr Tr V' Tr Tr V V V V' Tr `T sr v v v v v' Tr Tr Tr V V V' Tr M O 0 .- N M U) (0 N M o) O N M 7 U) U) N M 0) O N (") C U) (0 N N 0) O N O O ('<('<0404 N N N N M MMMMMOMMMVV 000 N N N N N N N N 00000 N N N N N N N N N N 0000000 N N N N N N N N N N N N N N w a Q U � « = 23 b m g Et `d n E II gd N w ( > m w m I I w t ¢ 6 a v n C) N NR Fin Plan basic CF 3 E PVRD Fin Plan 13.xlsx 12/2/2013 F o O PLATTE VALLEY RECREATION DISTRICT No Growth Development Projection at 3.000 (target) Mills for Debt Service Series 2014, Cash -Flow Bonds, $16.000M Project, Non -Rated, 2043 Final Maturity 00000000000000000000000000000M O O O 0 O O O 0 O O O O O 0 0 O O O O O 0 0 0 O O 0 O OM O o O O O O O O W r Q W W 0) O Q N M r O NW O W N O o O O O O O O D a m M N M M N 0) COV U)WW N W W 1) o O O O O oOO Yl M N W CO M V O N N CO (O 0) M W r N 0) o N N N N N N N Q N M W N r W O) O W N W r N N N N O) O) OI O) 0) m OI O) M M Q M 0 Q t0 N N N N M N W N V N N N V Q r N W V V V V V V Q Q M O) N r W r O r U0 O) M W O) N Q W r W W W r - -----------------r- 000000000MOMOMr0NMOMMOMNMN N r O) O M N O) r N O M W N N O M <O O O M V O) M O C N O) Q Q n V r O O W O N W n W U) M O W O) N r N N W Q N M MM N W O M O) N N o M n N N W rW V Q Q Q N COH v) W n r n W 0) O) o O n r (V O O W r N • N r O O N N N 0 0 0 0 0 0 0 O O 0 0 0 0 0 0 O O 0 0 0 O O O W N 0 r r O) QrRR O W M O W N O N Nr N ONN O O WV V V WW COO O O O O O O O O O O O 0 O O O O O O O O NQ VOOMMMM CONNNr M M M M N - W M (O W O V Q CNJ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N O W U) Q W W r m O) U) W W Q CO r O O N 10 N N N N N O M O N N M V W r Q M Q N N O) N n W O W N N N N N N N O N N N N O) N N W n W Q N W O W Q O) N N N N N N N N Q O 0 O O 0 r <O V W M W O r r r r n r r r Q O 10 On) O r M f0 pW r Q O) r W N M O O OO) 0 00) N 0 WW W W CO W N N N W W W CO N N V V C M N N r Y] N N N N N O M O r N M Q W Q M W Q N N O) W r W O W N • N N N N N N N N O N N N N O) N N W n O Q N W O W V W N Q O N N N N N N N N O Q 0 O r W_ r O O M U) N O W 0 0 0 0 0 0 0 0 W N O N W r O n W W r Q O) W^ M NOOOOOOOOMNNMONMNWOOrNON r rM O) W OI O) O) O) O] O) W W CO W W W n r r W W W N N N V V W W N N O O W M M M M M M M M M M M M M M M M M M M M M M M M M M M 00000000000000000000000000 r r r n n n nN n n r n n rr n r n W N N R M R N N N N N N CO r r r CO N N M r n r r r N N: N COON) CON N N N N N N N CO N N N N N N N N N N N N CO N N N N W N V O O O O O O O W M M M M M M M M M M M M M M M M M M M M M M M M M Q n NNNNNNNN W00000000000000000000000000 O O O O 0 O O O O O O O O O O O oN O O O O O O O N N N r N N N N N N N N N r r N r N n N N N r N N N N Vi N W W W W W W W W W W W W W W W W W W W W W W W W W W M O) N N N N N N N N N N N N N N N N N N N N N N N N N N W r r r r r r r r r r ..... r r r r ...... r N CO 0 U) 00 “)U) W r 00 V 'to U) ro O CO an M W CO N N N M 2= 6 U Y O) O r N M Q N W r W W O N M Q N W n W W O r N M V N W r W W O N M O r r NNNNNNNNNNMMMMMOMMMMP V V Q 00000000000000000000000000000000000 N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N NR Fin Plan basic CF 3 E PVRD Fin Plan 13. PLATTE VALLEY RECREATION DISTRICT Operations Revenue and Expense Projections C) Q J f o O o o O O o 0 0 0 o a o 0 0 0 0 0 0 0 0 0 O o m O m N O N o Q 0 N O O 0 0 00 0 0 00 0 0 0 0 0 0 0 0 00 0 0 0 cO O N o) m Q N CO CO 0 0 0 00 0 0 0 0 0O 0 0 O O O O O O O O N O CO O N N N N 000066)6 CO mm 0)66660 CO 6c 66666)6 6 CO 6 6l6 r nNNnr 7 E - J U rd c e- a to U 00000N 0 0 0 N Q N O N O N< N O M N N O) N O r 0 0 0 0 0 0 0 0 0 0 0 0 N 0 CO N CO 0 0 p N CO r Co N 0) CO ') r 0) N 0 C') O N Q O N N CO N N 0 606 CO N CO ci ro o m vi Q oi0 g o) - m O r 0 0 0 N O N Ul) N O N N N Q O N m 0 0 0 0 0 0 m W N O Q N E311 O N N N Q CO Q r CO N r CO Q CO m O 0 N r 0 0 0 0 0 0 0 0 0 0 0 N N Q CO Q m r m N CO N O O d' CO N O CO CO N CO O CO CO CO N O V N O C) CO Q N 0 Q a V) CO V O m N O O r N N Q m m r CJ • co O Q N O N rrrr. v [O CO O co r r N • r toms co N N O Q O N r N m N O N CO N m N O N 0 CO Q N N N N N O N` O N O M N0 N O 0 r Q CO O N CO Q O O O N C) N O Q N N N r Q CO CO V N O CO O 0 N N O Co 0CO 0 r O N N Nr O` O N m N O co- N CO r O N O N m N Co r 6 O CO a or O N O N Q CO N N N Q N m N Q N m N 0 CO CO 0 CO N O Q N O r r r 0 CO O CO COCOr r r r r« r r r _ r r r _ m co co co C] cO CO. CO CO C) m CO CO O C') C) C)CO CO CO f m tO O N 0 CO Q N Om N 0 0 0 0 0 0 0 0 S. O 0 N. 0 0 0 N N o r 0 0 0 0 0 0 0 OCn r COC mm)o OHO r CO N m r r r N N N r r r N r r N vi of o 06 N ai 6 CO CO CO CO CO CO CO Cow CO CO CO Co Co CO Co CO u) N o Cl CO o CO N 0 Q N r • r .- r ---r .- r r r r r r r r r r r r r r r �N N C) C) co CO CO C) CJ C') CO C) CO CO C) C) C) C) CO N N CO N Q CO CO Q CO m CO N O N O 0 0 O LOU) O N N UN O O O M N O N m V O O N N N N co CO CO CO CO CO CO CO CO CO CO CO CO CO CO Co CO N 0 N V) Q Cl N N N N C) Q N N N n a N a a a N a N n N a a N m m m m m CO CO o 0 0 CO 0 0 0 0 0 0 0 0 0 0 0 0 O 0 0 0 0 0 Q r CO N N CO CO` 0 CO N N N N N N N N N N N N N N N N N O r C) m CO Q N 0 m Q O N NNNOINNNOINNNNNNNN C1 r0).-0000- CO CO O r pr o f `' ra a a Q d' V V Q Q Q V Q O Vi N C) Q to N O C) N N W r rco rci s co 0 ✓ r r r r r r r r r r r r r r r r r r r r r r r r r r r 0 0 0 0 0 0 0 0 0 0 6 0 CO 0 CO m CO N CO N 0 Q o N 0 0 00 0 0 0 0 0 00 0 COCOO 0 0 0 0 N CO CO CO Q N 0 CO CO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CO N O r N N co Q C) O C) CO CO CO CO CO CO CO CO C) C) C) 6 6 6 C) O C) 6 6 C) Q Q Q Q Q Q 0 o O 0 o C) o o O o 0 o O o 0 0 0 o O O o 0 o O O O o 0 0 o O o 0 o O N N N C) 0 0 0 00 0 0 0 0 0 0 00 O 00 0 0 0 0 O_ O O 0 a O O_ O 0 O 0 N 4 CO CO N 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O 0 m N CO- N O m O 6 0 0 0 O 0 O O O O O 6 O O O O O 6 0 0 0 6 O O O O co N o o O o 0 O o o a O o 0 0 o O O o 00 o O O co v)0 COtas 000 000000 000006 000 N NNQ 0 a: 6 Ci Ci m vi 666 m v) vi 6 co Ci Ci co co- vi of Ci Ci vi 6 co- c6 6 Ci vi Vi CO C) O N N N • N Q Y) N CO NI' Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q <l a Q Q Q Q Q V Q Q Q Q 0 N N M 0 0 m 0 r N C) Q O O N CO m 0 N CO a N co N co 0 0 r N C) Q O CO N CO 0 0 r N CO O N N N N N N N N N N CO CO Cc) C) CO O C) CO C) CO Q Q Q Q 0 0 0 0 0 0 0 0 0 O 0 0 0 0 O 0 0 0 0 0 0 0 0000O 0 0 0 0 0 0 0 0 0 0 0 N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N CO U NR Fin Plan ba E PVRD Fin Plan 13. STATE OF COLORADO DEPARTMENT OF LOCAL AFFAIRS DIVISION OF LOCAL GOVERNMENT Local Government Services 1313 Sherman Street, Suite 521 Denver, Colorado 80203 Phone: (303) 866-2156 FAX: (303) 8664819 TDD: (303) 866-5300 Bill Owens Governor Michael L. Beasley Executive Director NOTICE OF FILING OF SPECIAL DISTRICT SERVICE PLAN Pursuant to Section 32-1-202(1), C.R.S., the County Clerk and Recorder and/or Clerk to the Board shall notify the Division of Local Government within five days after the filing of a service plan for the formation of a new special district. Please provide the information indicated and return this form to the Division of Local Government. Platte Valley Park and Recreation District Name of Proposed District Park and Recreation District Type of District Proposed 9:00 a.m. Time of Hearing White, Bear and Ankele Professional Corp 2154 E. Commons Avenue, Suite 2000 Centennial, CO 80122 Contact Person Filing Service Plan Weld County County Receiving Service Plan Clerk to the Board By: Deputy Clerk to the Boar December 2, 2013 Filing Date January 20, 2014 Date of Hearing Administration Building 1150 O Street Greeley, CO 80631 Location of Hearing (303) 858-1800 Phone FORM DLG - 60 Revised 6/02 12/03/2013 TUE 09:45 FAX IIool ********************* *** FAX TX REPORT *** ********************* TRANSMISSION OK JOB NO. DESTINATION ADDRESS SUBADDRESS DESTINATION ID ST. TIME TX/RX TIME PGS. RESULT 0559 913038664819 12/03 09: 44 00' 22 1 OK (eau q- c ) STATE OF COLORADO DEPARTMENT OF LOCAL AFFAIRS DIVISION OF LOCAL GOVERNMENT Local Government Services 1313 Sherman Street, Suite 521 Denver, Colorado 80203 Phone: (303) 866 2166 303 le fog( 117-0 FAX: (303) 866 4819. 40 3 '8to4 -77541 TOD: (303) 866-5300 Bill Owens Governor Michael L. Beasley Executive Director NOTICE OF FILING OF SPECIAL DISTRICT SERVICE PLAN Pursuant to Section 32-1-202(1), C.R.S., the County Clerk and Recorder and/or Clerk to the Board shall notify the Division of Local Government within five days after the filing of a service plan for the formation of a new special district. Please provide the information indicated and return this form to the Division of Local Government. Platte Valley Park and Recreation District December 2, 2013 Name of Proposed District Park and Recreation District Type of District Proposed 9:00 a.m. Time of Hearing White, Bear and Ankele Professional Corp 2154 E. Commons Avenue, Suite 2000 Centennial, CO 80122 Contact Person Filing Service Plan Weld County County Receiving Service Plan Filing Date January 20, 2014 Date of Hearing Administration Building 1150 O Street Greeley, CO 80631 Location of Hearing (303) 858-1800 Phone 67 O o -o RECEIVED FROM (7/ tPV t- 0 m co ADDRESS c O 4- oox o W a ` ao a) 5UaC7 DATE /a� - 13 NO. 87249 qvzb RECEIPT ut f/4.fti s id . 'C/, FOR n)1 7Jn ,}-• ate/ HOW PAID CASH :. MONEY ORDER s b '211 660t Kat* / - l2}ryt� BY 1 cl C' ou„oki,t11/24,/ WELLS N'ARGO Wells Fargo Eank,N.A. Colorado w^tlslargo.com For ALL - f V" KL? 7302 S ALTON WAY UNIT 4-F CENTENNIAL, CO 80112 www. ShamrockDelivery. com (303) 220-1700 DATE BILLING CLIENT 0 9_ •2 01 FAITHIA _^ a f y ary`.7fx-= i.io "+ v PICKUP INFORMATION -. -_ ,� COMPANY NAME i• LL1_-_ ' Lear And Ank€-1e `Y � . R.r . ' � COMPANY (,v'.1 REFERENCE # 0 ,_, DEL.t:FOI&1ATION � ' O NAME 6 10 illh . 3i„. r A EMERGENCY E RI I , ; C .,,.n}, RUSH I STANDARD xl;' ., ( hence v.:,s,(A PICKUP 1 DRESS. �,7�YS1"1�'a7�AVE`'� l� _ ((!� ROOM NO. DELIVERY ADDRESS J k. 4--r1: Mori Cr.— -,e10vL l 0 ROOM NO,, . -f Qm Li:.t1etc'n CO 80122 CHARGES: I �s [�l, r} C .k -k EA) C' f5S 9, NO. OF PKGS. t REMARKS DELIVERY WEIGHT REMA ✓y WAIT TIME WEIGHT MSC PICKUP DRIVER SIGNATURE, x ! , DRIVER i 4 1's'�1 TOTAL RECEIVEDap'.APPARENT GOOD ORDER BY/ f, 'it -1- .. . r ,: l:f . .%) TIME / . W.1 . ann. rtiv lu f sr /.inn r�,. .r. n FM rnl nRnn • nlunrn.A . "'` v V" `'---°" I �, z 23-7/1020 2619 Hate Shamrock sasOefivery od Dollars Molls FBOMIOS DOCKET # f S C j cam` Hello