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HomeMy WebLinkAbout20182460.tiffMcG EADY IA BECHER Special District Law VIA EMAIL Ms. Esther Gesick Clerk to the Weld County BOCC P.O. Box 758 Greeley, CO 80632 July 30, 2018 egesick@co.weld.co.us Re: Resource Colorado Water and Sanitation Metropolitan District Dear Ms. Gesick: Pursuant to Section VIII of the Service Plan approved by the Weld County Board of Commissioners on August 25, 2004, enclosed is the 2017 annual report for the above -referenced district. Please let us know if you have any questions. Very truly yours, MCGEADY BECHER P.C. IS/ JENNIFER S. HENRY Jennifer S. Henry Paralegal Enclosure cc: Office of the State Auditor (via email only) Division of Local Government (via e -filing portal) 450 E. 17th Avenue, Suite 400, Denver, CO 80203 1254 1 303.592A380 I www.specialclistrictlaw.com (00650060.DOCX v:1 1 2018-2460 Nil/1,1,44.1.Ok cAtAtsit5 pg-p(o-18 51)0lAa RESOURCE COLORADO WATER AND SANITATION METROPOLITAN DISTRICT 2017 ANNUAL REPORT TO SOUTHERN WELD ADVISORY BOARD Pursuant to Section II.C of the Service Plan as approved by the Board of County Commissioners of Weld County, Colorado on August 25, 2004, the Resource Colorado Water and Sanitation Metropolitan District ("District") is required to provide, on an annual basis, the following report to the Southern Weld Advisory Board. Additional questions regarding the information set forth in this report may be directed to the office of the District's General Counsel, McGeady Becher P.C., 450 E. 17th Avenue, Suite 400, Denver, Colorado 80203, (303) 592-4380, during regular business hours and pursuant to the Rules and Regulations adopted by the District. All information provided in this summary is through December 31, 2017. 1. Capital Improvement Progress Report. (a) Summary of Description and Mapping of Completed Improvements from Date of Organization through December 31 of the Year Prior to the Year of the Report. No improvements were completed as of December 31, 2017. Please see response in 1(b) below. The District declared inactive status pursuant to Title 32, C.R.S., effective January 1, 2016. (b) Summary of Description and Drawing of Improvements Proposed to be Constructed within 36 Months of January 1 of the Year of the Report ("Three Year CIP Plan"). A Three Year CIP Plan was not prepared by the District as of December 31, 2017, as preliminary planning and engineering was not completed as of year-end. Since its organization in 2004 through December 31, 2017, the District has been focusing on planning, engineering, administrative and legal matters related to the provision of water and wastewater improvements and services to service providers in Weld County. Among the proposed service providers that the District is expected to service are the Pioneer Regional Metropolitan District and Pioneer Metropolitan Districts Nos. l — 6 (collectively, the "Pioneer Districts"). The Service Plans for the Pioneer Districts were approved by Weld. County on February 6, 2006. The utility plan and application for site location for the wastewater treatment facility that was submitted to the North Front Range Water Quality Planning Association (the "Association") on November 16, 2006, received conditional approval of the Association on April 26, 2007. No further activities regarding the wastewater treatment facilities were undertaken by the District as of December 31, 2017. With respect to water service, in February of 2006, the District filed in Water Division No. 1, an application for determination of rights to ground water in the not nontributary Arapahoe Aquifer underlying approximately 650 acres and in the nontributary Larmie-Fox Hills Aquifer underlying approximately 5,668 acres, which acreages overlap. A decree granting the application was entered on December 29, 2006 entitling the District to withdraw 5.7 acre feet per year from the not nontributary Arapahoe Aquifer and 1,281.9 acre feet per year from the {00650047.DOC v:1 } nontributary Laramie -Fox Hills Aquifer subject to the terms of the decree. The District no longer is the applicant nor has any interest in the above -referenced water rights as of approximately August, 2010. With respect to providing service to other service providers, the District completed the sale of Well 31652FP and associated water rights to the Town of Keenesburg ("Town") on July 26, 2006. See Exhibit D herein for a complete listing of the agreements associated with this transaction. The District anticipates preparing the Three Year CIP Plan in conjunction with an overall feasibility study and comprehensive plan for water and wastewater services at such time as feasible for the District. (c) Summary of Infrastructure Phasing and Schedules of Improvements Described in Three Year CIP Plan. Please see response in 1(b) above. 2. District Financial Reporting. (a) Annual Budget for Year of Report. The District declared inactive status effective January 1, 2016, and therefore was not required to adopt a 2018 budget. (b) Annual Audit of Financial Statements for the Fiscal Year Ending December 31 of the Year Prior to the Year of the Report. The District declared inactive status effective January 1, 2016, and therefore was not required to file an Annual Audit or Audit Exemption. (c) Summary of Total Debt Outstanding and Remaining Amounts of Authorized but Unissued Debt Authorization. See Exhibit B attached hereto. 3. Operations Reporting. (a) Current Rules and Regulations. The District's current Rules and Regulations were submitted with the 2007 Annual Report and an Amendment submitted with the 2009 Annual Report. (b) Changes to District's Taxing Boundary or Service Area Boundary, as such Terms are Defined in District's Service Plan. There have been no changes to the District's Taxing Boundary or Service Area Boundary during 2017. (c) attached hereto. Copies of Executed Intergovernmental Agreements. See Exhibit B (00650047.DOC v:l (d) Names and Terms of Board Members and Contact Information. Vacant Term expires: 2020 Vacant Term expires: 2020 John "Mick" Todd, Secretary 2313 17th St. Greeley, CO 80634 Telephone: (970) 352-4980 Term expires: 2020 Toni L. Serra, Treasurer Gateway American Resources 9033 E. Easter Ave., Suite 112 Centennial, CO 80112 Telephone: (720) 362-5995 Fax: (720) 362-7116 Term expires: 2022 Joel H. Farkas, President Gateway American Resources 9033 E. Easter Ave., Suite 112 Centennial, CO 80112 Telephone: (720) 362-5995 Fax: (720) 362-7116 Term expires: 2022 (e) Schedule and Locations of Regular Board Meetings. The District declared inactive status effective January 1, 2016, and therefore does not have any regular meetings scheduled for 2018. (0 Summary of any Outstanding Litigation. The District has filed an Application for approval of a plan for augmentation in Case No. 06CW256, Water Division No. 1 as described in Section 1(b) herein, which case was dismissed as of September 20, 2010. {00650047.DOC v: I } EXHIBIT A Summary of Debt and Debt Authorization To: From: Date: Re: Weld County, CO McGeady Becher P.C. July, 2018 Resource Colorado Water and Sanitation Metropolitan District Election Authorization as of 12/31/17 Purpose - Improvements 5A Streets 5B Water Supply System $324,000,000.00 $324,000,000.00 50 Sanitary Sewer System $324,000,000.00 5D Mosquito Control $324,000,000.00 96.000.000.00 Purpose - Other Authorizations Refunding of District debt or 5E other obligations IGAs that are MFY obligations; payable from unlimited ad valorem 5F property tax levy Operating Expenses and Reimbursement of Operating 5G Advances to the District $324,000,000.00 $324,000,000.00 $50,000,000.00 IGAs that are MFY obligations; payable from unlimited ad valorem 5H property tax levy IGAs for Regional Improvements that are MFY 51 obligations Authority to Collect/Spend Facilities Fees, charges, tap 5J fees $324,000,000.00 $0.00 $0.00 $0.00 $0.00 Allowed Allowed $324,000,000.00 $324,000,000.00 $324,000,000.00 $324,000,000.00 296,001) $324,000,000.00 $324,000,000.00 $50,000,000.00 $324,000,000.00 Note: IGA Intergovernmental Agreement; MFY = Multiple Fiscal Year Debt: All authorized debt is in the form of revenue bonds or other obligations of the District including but not limited to contracts, leases and other agreements, except as otherwise noted. Date of Last Debt Election: May 6, 2014 (00650047DOC v: f } EXHIBIT B Intergovernmental Agreements Intergovernmental Agreement with the Lost Creek Ground Water Management District (07/10/05); describes the agreement for funding a USGS study and the sharing of the information derived from the study. A copy of this agreement previously provided with the 2006 Annual Report. Agreement with the Town of Keenesburg ("Town") (4/25/06); sets forth the terms and conditions of the purchase of the water right associated with Well Permit No. 31652 -FP by the Town from the District. A copy of this agreement previously provided with the 2006 Annual Report. Assignment (7/26/06); assigns all right, title and interest to the water right associated with Well Permit No. 31652 -FP to the Town by the District. A copy of this agreement previously provided with the 2006 Annual Report. Easement Deed (7/26/06); grants an easement to the Town for access to the Tank Site. A copy of this agreement previously provided with the 2006 Annual Report. Agreement (7/26/06); sets forth the terms and conditions regarding certain specified obligations regarding the decrees and stipulations related to the water right associated with Well Permit No. 31652 -FP. A copy of this agreement previously provided with the 2006 Annual Report. Agreement (7/26/06); defines the terms and conditions for the District to use and reuse the water right associated with Well Permit No. 31652 -FP, subject to a certain reservation. A copy of this agreement previously provided with the 2006 Annual Report. Letter of Agreement (12/7/06); sets forth the understanding of the Town and the District with regard to the well water transmission line being installed by the Town from Well No. 31652 -FP to the Town's water system and a proposed water storage tank site. (All rights associated with paragraph 4 of the agreement assigned to Pioneer Regional Water Activity Enterprise.) A copy of this agreement previously provided with the 2010 Annual Report. Intergovernmental Agreement (dated 6/22/07, effective 7/11/07); sets forth the obligations of the Town and the District with regard to the funding of a feasibility study regarding the joint use of the Keenesburg facility to provide service to Pioneer Regional Metropolitan District and Pioneer Metropolitan District Nos. 1-6 to serve Pioneer Communities Phase 1. A copy of this agreement previously provided with the 2010 Annual Report. Intergovernmental Agreement Regarding Assignment of Reimbursement Obligations and Consent to Construction (dated April 19, 2012) by and between the District, Pioneer Metropolitan District No. 3, the District acting by and through Resource Colorado Water and Sanitation District GAR Water Activity Enterprise No. 1 and the District acting by and through Resource Colorado Water and Sanitation District Water Activity Enterprise (the "Agreement"); sets forth the assignment of Reimbursement Obligations (as defined in the Agreement) to Pioneer Metropolitan District No. 3 and the terms of consent to construction. A copy of this agreement previously provided with the 2012 Annual Report. Memorandum of Understanding (dated November 1, 2012) by and between the District and Pioneer Regional Metropolitan District ("MOU"); sets forth the understanding between the parties regarding the District's funding of the Resource Shortfall (as defined in the MOU). A copy of this agreement previously provided with the 2012 Annual Report. {00650047,DOC v:1 } Respectfully submitted thiday of July, 2018. RESOURCE COLORADO WATER AND SANITATION METROPOLITAN DISTRICT By: Attest: Secretary {006$0047,DOC v:1 ) Respectfully submitted this 712 day of July, 2018. RESOURCE COLORADO WATER AND SANITATION METROPOLITAN DISTRICT By: President {00650047.DOC v:1 } McGEADY BECHER Special District Law VIA EMAIL Ms. Esther Gesick Clerk to the Weld County BOCC P.O. Box 758 Greeley, CO 80632 July 30, 2018 egesick@co.weld.co.us Re: Resource Colorado Water and Sanitation Metropolitan District Dear Ms. Gesick: Enclosed please find a courtesy copy of the 2017 Annual Report To Southern Weld Advisory Board regarding the above -captioned District. If you have any questions, please contact me. Thank you. Very truly yours, MCGEADY BECHER P.C. IS/ JENNIFER S. HENRY Jennifer S. Henry Paralegal Enclosure 450 E. 17th Avenue, 400, Denver, CO 80203-1254 1303.592.4380 I wwwspecialdistrictlaw.com {00650062.DOCX v.1 } ANNUAL INFORMATION REPORT FOR THE YEAR 2017 RESOURCE COLORADO WATER AND SANITATION METROPOLITAN DISTRICT Pursuant to Section VIII of the Service Plan approved by Weld County, Colorado on August 25, 2004, the District hereby submits the following information: A. Changes in the District's taxing boundary or Service Area boundary: No boundary changes were made or proposed during 2017. The District declared Inactive Status under Title 32, C.R.S., effective January 1, 2016. B. Intergovernmental Agreements: The District entered into a Memorandum of Understanding with Pioneer Regional Metropolitan District and Pioneer Metropolitan District No. 3 on November 2, 2015. C. Changes in the District's Rules and Regulations: The District did not amend its rules and regulations in 2017. The District declared Inactive Status under Title 32, C.R.S., effective January 1, 2016. D. Summary of any litigation which involves the District: The District was not involved in any litigation in 2017. E. Status of construction of improvements: The District did not construct any improvements in 2017. The District declared Inactive Status under Title 32, C.R.S., effective January 1, 2016. F. Annual audited financial statements of the District or appropriate exemptions from Audit: The District declared Inactive Status under Title 32, C.R.S., effective January 1, 2016 and was not required to file an audit exemption for 2017. G. Summary of total debt authorized, issued and outstanding: See attached summary. The District declared inactive status pursuant to Title 32, C.R.S. effective January 1, 2016. {00650044.DOC v:1 } To: Weld County, CO From: McGeady Becher P.C. Date: July 25, 2018 Re: Resource Colorado Water and Sanitation Metropolitan District Election Authorization as of 12/31/17 Principal Amount of Authorized Debt Principal. Amount of Authorization Used Principal Amount of Authorization Remaining Purpose - Improvements 5A Streets $324,000,000.00 $0.00 $324,000,000.00 5B Water Supply System $324,000,000.00 $0.00 $324,000,000.00 5C Sanitary Sewer System $324,000,000.00 $0.00 $324,000,000.00 5D Mosquito Control $324,000,000.00 $0.00 $324,000,000.00 Purpose - Other Authorizations 5E Refunding of District debt or other obligations $324,000,000.00 $0.00 $324,000,000.00 5F IGAs that are MFY obligations; payable from unlimited ad valorem property tax levy $324,000,000.00 $0.00 $324,000,000.00 5G Operating Expenses and Reimbursement of Operating Advances to the District $50,000,000.00 $0.00 $50,000,000.00 5H IGAs that are MFY obligations; payable from unlimited ad valorem property tax levy $324,000,000.00 $0.00 $324,000,000.00 51 IGAs for Regional Improvements that are MFY obligations Allowed 5J Authority to Collect/Spend Facilities Fees, charges, tap fees Allowed Note: IGA = Intergovernmental Agreement; MFY = Multiple Fiscal Year Debt: All authorized debt is in the form of revenue bonds or other obligations of the District including but not limited to contracts, leases and other agreements, except as otherwise noted. {00650044.DOC v:1 } 2 Hello