HomeMy WebLinkAbout20162469.tiffm!a VicC EADY
iii BECHER 1
VIA EMAIL
Ms. Esther Gesick
Clerk to the Weld County BOCC
P.O. Box 758
Greeley, CO 80632
July 29. 2016
egesick@co.weld.co.us
Re: Resource Colorado Water and Sanitation Metropolitan District
Dear Ms. Gesick:
Enclosed please find a courtesy copy of the 2015 Annual Report To Southern Weld Advisory
Board regarding the above -captioned District.
If you have any questions, please contact me. Thank you.
RED.-.! Vice' s_i
JUL 2 9 2u;5
WELD COUNTY
C/MA ISS a !.h
�WU�I'13V� I Jt.l.�e "..
Very truly yours,
MCGEADY BEcI II R P.C.
/s/ JENNIFER S. HENRY
Jennifer S. Henry
Paralegal
Enclosure
cc: Board of Directors (via email only)
Jason Carroll, CliftonLarsonAllen, LLP (via email only)
t00491767.DOCX v: I I
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July 29, 2016
VIA EMAIL
Ms. Esther Gesick
Clerk to the Weld County BOCC
P.O. Box 758
Greeley, CO 80632
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 2015 annual report for the above -referenced
district.
Please let us know if you have any questions.
Very truly yours,
MCGEADY BECHER P.C.
/S/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)
f!'121l,i- 1._`,.t :i. `)� • :I) .. `.•I �'' it+lt. ... tl �S�. _�:.��
100491768.DOC X v: I ; It
SOO�aa
RESOURCE COLORADO
WATER AND SANITATION METROPOLITAN DISTRICT
2015 ANNUAL REPORT TO
SOUTHERN WELD ADVISORY BOARD
Pursuant to Section I1.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
ii formation set forth in this report may be directed to the office of the District's General
Counsel, McGeady Becher P.C., 450 E. 17`I" 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, 2015.
1. Capital Improvement Progress Report.
(a) Summary of Description and Mappintt of Completed Improvements from
Date of' Organi,ntion through December 31 of the Year Prior to the Year of the Report.
No improvements were completed as of December 31, 2015. Please see response
in 1(h) below. The District declared inactive status pursuant to Title 32, C.R.S., effective
January 1, 2016.
(b) Suminary of Description and Drawing of Iniprovenwnts 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, 2015,
as preliminary planning and engineering was not completed as of year-end. Since its
organization in 2004 through December 31, 2015, 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, 2015.
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
I00 -1400!!S DOC v:I ; `:1"k.C'`ients`,667&ScrviceI 490008 11C.iC
sootaa
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. The District entered into an intergovernmental agreement with the
Town on December 7, 2006 regarding joint use and cost sharing for the pipeline and related
facilities servicing said well. 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 2016 budget.
(b) Annual Audit of Financial Statements for the Fiscal Year Ending
December 31 of the Year Prior to the Year of thc_Rcport. The District filed an application for
exemption from audit for 2015, a copy of which is attached hereto as Exhibit A.
(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 'faxing Roundary_ur Service Area I3oundarv, as such
Terms are Defined in District's Service Plan. 'There have been no changes to the District's
"!'axing loundary or Service Area Boundary during 2015.
(e) Copies of l xecutcd Intergovernmental Agreements. See Exhibit C
attached hereto.
00,190008. DOC r: 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: 2018
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: 2018
(e) Schedule and Locations of Regular Board Meetin.
The District declare inactive status effective January 1, 2016, and
therefore does not have any regular meetings scheduled for 2016.
(f) Summary of any Outstanding_l.itigation. 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.
,u0.19;;o08.[X)C v:;
By:
Attest•
!' !! q/P _
_ Lis
Secretary
(i
(00490 008.1)OC v 1 )
Respectfully submitted this ag day of July,2016.
RESOURCE COLORADO WATER AND
SANITATION METROPOLITAN
iLAA CA.}
DISTRICT
Prdsident
EXHIBIT A
Applications for Exemption from Audit
00.Iv00D8. Doc, I ) A -I
APPLICATION FOR EXEMPTION
FROM AUDIT - SHORT FORM - FOR GOVERNMENTS
WITH REVENUES
AND EXPENDITURES OF $100,000 OR LESS
Nun•,e of Government:
Resource Colorado Water & Sanitation Metropolitan District
lot the Year
Ended December 31. 2015
or fiscal year ended_ _
Address
8390 E. Crescent Parkway
Suite 600
Greenwood Village. Co 50111
Contact Person:
Tolo_ghone:
Jason Carroll
303.779.5710
Jaeon.Carrolt(JCLAConnecl.corn -
Email.
F ax:
303-7790348
Re1Jrn to: Office of the State
Local Government
1525 Sherman St..
Denver, CO 80203
Fax: 303.809.3081
Entail: OSA.LG@stale.co.us
Call (393) 889.3000
Section 29-1-604, C.R.S., outlines
neither revenues nor expenditures
If either revenues or expenditures
form. Please use the LONG FORM
individually, use this short form application
Please
kui.ti ehl nns.
1. Prepare this form completely
must be answered for the application
2. File this form with the Office
For years ended December 31,
3. The form must be completed
Auditor
Audit Division
7th Floor
If you need help completing this form.
the provisions for an exemption from audit.
exceed $750,000 in any year may qualify
are $100,000 or greater, but not more than
of this application. If both revenues and
for exemption from audit.
review ALL instructions prior to
and accurately. Please note that there are
to be considered complete,
of the Slate Auditor within 3 months after
the form must be received by the Office
PLEASE READ THE
ABOVE INSTRUCTIONS
BEFORE SUBMITTING
Generally, any local government for which
for en exemption.
$750,000, you may NOT use this
expenditures are less than $100,000
the completion of thla form.
11 parts to this form, and all questions
the end of the year.
of the Stale Auditor by March 31.
of the governing body as evidenced by one of
or mailed.
be accepted.
II to be accepted.
discretion.
by a person skilled in governmental accounting.
reviewed and approved by a majority
body - application may be emailed, faxed,
must be mailed. Email or fax will NOT
application that Is submitted in order for
attached to the exerption at the propnrei's
4. The application must be personally
the following methods.
a. Resolution of the governing
b. Original signatures • application
5 The preparer must sign the
6 Additional information may be
CERTIFICATION OF PREPARER
-
I certify that I am skilled In governmental accounting and that the information In the application Is complete and accurate, to the best of my
knowledge.
Name:
Jason Carroll
Title:
Accountant fur the D'sldct
Firm Name (II applicable):
Cl:ftonLarsonAllen Lt.P
Address:
8390 E. Crescent Pau1t aay, Suite 500. Greenwood Village, CO 80111
1 elephone Number:
303479-5110
Date Prepared
12/1.612015
Preparer Signature (Required): The application will be re,ected If not signed by the preparer.
SEE ATTACHED ACCOUNTANT'S COMPILATION REPORT,
Please Indicate whether the following financial Information Is
recorded using Governmental or Proprietary fund types
Governmental
Proprietary
X
Page 1
PART 2 -REVENUE
Line#
21
2-2
2-3
HrT/tRUE: A'J revenues tor alt tunas must be reflected minlssection, nU'utling proceeds from tits sale of Vie governments land,
equipment. and proceeds from debt or lease transactions. Elnanclal information will not include fund equity inrormatdn.
ulamg, and
Dollar
Description
Round to nearest
Taxes: Fr upatly
$
Specific ownership
$
Sales and use
S
'
2-4
-
2-5
Other (specify)
S
S
Lc
Licenses and permits
5
2-6 _
2 7
2-8
intergovernmental' Grants
S
-
Conservation Trust Funds (Lottery)
S
-
_
HIphway Users Tax Funds (HUTF)
5
2.9
2-10
Otherlepeci_IyZ
S
S
Cherries for services
'
2-11
Fines and forfeits
S
'
2-12
2-i3
2.14
2-15 -
216
Specieassessments
S - -
S
---
Investment Income
Charges foruttll servlCe5
S
Debt proceeds _-_ (should agree with line 4-3, column 2)
lose proceeds
$
2-17
Developer Advances received (should agree with line 4-31
2-18
Proceeds from sate of capital assets
S
-
2-19
Pere and police pensten
$
-
--2-20
2-21
Donations
S .._
Other Ispecdy).
S
2-22
Transfer from Pioneer Regional
S
10.462
2-23
2-24
$
•
(add lines 2.1 through 2-23) TOTAL REVENUE allsourcos
$
10,452
PART 3 -EXPENDITURES
Line
EXPEN DIT ORES All expenditures for atfunds must be reflected in this section, Including the purchase of capital assets and principal and interest
payments on one -tent debt. Finance' Information will not include fund equity Information.
Description
Round to nearest Dollar
3.1
____
72
3.3
--_
3-4
3 5
Administrative
$ __5.310
Salaries
Payrolltaxes
S
Contract services -_-_ __.
Employee benefits
S _.__
S
e-6
3-7
insurance
S 1298
Accounting and level fees
5 5.725
3-8
Repair and rnaintenence
S -
3-9
Supplies
5
3-10
3-11
3-12
DeMlles and telephone
S
Fire/Pollee
Streets and nlQfnvays
S '
3.13
Public heath
S -
3-14
3-15
— 3-16
Culture and recreation
S
Ul sty operations
Capital outlay (should agree with Part 61
S -
3-17
3 -is
3-19
Detl service principal (should agree wills Fart 4)
$
Debt service Interest
5
Re avment of Develo er Advances should aurae with lino 4.31
S
S
3-20
3-2'
3-22
Pen Contribution topension plan (should agree to litre 7-2)
_ - .
Cunudiuilori to Fire it Po'roe PenPenslotonAssns. (should agree to line 7-2)
$
Other (specil ):
3-23
324
3-26
$
S
(add lines 3.1 through 3.24) TOTAL EXPENDITURES all categories
$ 12.333
Note: If Total Revenue (Line 2-24) or Total Expenditures (Line 3-25) are greater than $100,000 - STOP, You may
not use this form. Please use the "Application for Exemption from Audit - Long Form".
Page 2
PART 4 - DEBT OUTSTANDING, ISSUED, AND RETIRED..
4-1
4.2
Please answer the followln(gquostlons bymarking the apjs prlato hoxos.
Yes
No
Dc r s the nnl ly lawn Dulsinndmg debt?
X
Is the debt repayment schedule attached? If no _pia se expl ran
Ihe District's debt is comprised 010 Advances, elniar welch era not panaral ohl gate debt Fepay twat
advances Is snored to annual appropnaual If and ii,hen cigihie funds become aver aor
Is Ihe entity current In its dent service payments! If no, please explain
1 ai
111If
aavx�
X
yrftla
X
4-3
The D'istrict's oebl is comprised of Developer Advnrices which are not genres, oblipallon debt Repayment ors
advances is sidled to annual aporopriaben if end Yin C'I Ofoible funds become CVallab'le.
i
Please complete the following debt schedule, If applicable:
(please only Include principal amounts)(enler all amount as positive
numbersi
Outstanding al
end of prior year
Ise Ned during
year
Re lred during
year
Outstanding
year-end
General obligallon bonds
$ -
S -
$ -
5
Revenue bends
$
S -
S -
S
Notes/Loans
._._.
$ _......
Leases
Developer Advances
$
_.._
5 135,054
$
$
$ -
$
$ 785D5454
Other (specify).
5 40,858
S 10,804
S -
5 51.062
Toler:
5 175.912
5 10,804
S -
$ 56.716
4.4
II yes
Please answer the following 111105110115 by Markin() the appropriate
boxes.
Yes
No
Does the entity have any suthori zed, but unissued, debt?
X
3tow much?
$ 2,31d,0011,D01100
r�ie
late Ore debt was authorized
11!0212004
r N `'
Ir
i
tie
1Fi
I for
Chic- li nllylydend to issue debt valet) Ihe rest calendar year?
X
4-5
(low macro Ls
r fts i
=:9I t3L34 6'
If yes
4'6
_ —
Please answer the following questions y marking Ihe appropriate boxes.
Yos
No
Does the entity have dub! Wet has bren rnfcnnced that a is still responsible for?
X
What is the amount outstanding? I S -
r 1:
1 rakbrllf;E
/yes
Please answer the following questions by markin the apgoprlate boxes,
Yes
No
4-7
Does Ihe enl ly have any lease agieemenhs?
X
Noel is being leased?
t�
u;
y 1'
J4L jam,
It ycs.
What is iho orgnal date of the lease?
ty
Number olyeors of lease)
Is iho lease subject to annual appropriation?
What ere me annual lease payments? S
1 IL i4y4. Ji,i
hie l*4.l ?
Ploaso use this space to provldo any explanations or comments;
4.8
PART 5 CASH AND INVESTMENTS
5.1
5.2
Please provide the entity's c ash deposit and Investment balances
Amen
Total
-- -.._ —
Checking accounts
S
1
1§t�'ti.""
rt
114 f l {
�5 to�jil
.{ijl
1 gt4.{f, h;
S
Srva accounts
l�
6.3
Certificates of deWoh
$
t�ca
t -i5 r5'-
$
$
Total Cash Deposits
4(12
a v{li t, ih h.
vu auonls ( f inyestmeril is a m tltlal laud phase 551 endwiye I investments).
6 4
6.6...
6.7
S
l
3t J
$
Total Investments
$
Total Cash and Investments
!
16 t'h
Please answer the following question by marking in the appropriate hex
Yes
No
6.8
Aro the entity's deposits In en eligible (Public Deposit Protection Act) public depository (Section 11-10.5-
101, et seq. CR 5.)? If no, please explain
6.9
Man o use this space to provldo anyaxpianatl el so coolIII nts:
The entity has no cash as of 12131/2015.
Page 3
PART 6 - CAPITAL ASSETS
Please answer the following questions Ay marking In the approprlato boxes.
Yes
No
8_I
Does pre entity have capital assets?
X
If yes.
Has the entity performed en annual Inventory of capital assets la accordance with Section 29.1-506,
C R.S.? II re, please explain:
X
Comp ete the following table:
Balance -
beginning of the
year
Additions
Deletions
Year -End
Balance
and
5
5
S -
5
uumnos
S
$ -
5 .
S
Machinery and epulpmenl
S .
S
-
S
�urnarm: trod fixtures
S
S -
S -
S
Construmton In Progress (CIF)
S -
Older (exple n).
S 57,204
$
S -
S 87,204
Accumulated Depi.ciatlen
$
s -
$ -
S
Total
S 57.204
S
S -
S 51,204
i'lease rise 111th space to provide any explanations or comments:
5.2
PART 7 - PENSION INFORMATION
7.4
7-2
1f yes
7-3
Please answer the following questions by marking In the appropriate boxes.
Does the enia), hove all "old hie" firemen's pension plan?
Yes
No
X
roes trio Cnity IeVC a VphlntC Li 1 re1i1911s p( rl)tnr bleu?
X
��
J ho atlminfslers the plan? t
+� 3t
_ 7ff
3� y r
rr
Y
:rx
indicate the contributions from
Tax (properlySO BIe etc ).
Stole contribution amount:
Other (Owns donations etc,)',
S
Total:
5
{{•
What is the nlnnthly_beneli paid for 2Q errs of service per retiree as of Jan I?
s
l x{�
I lease use hide space to provide any explanations or conuunnis:
PART 8- BUDGET INFORMATION
Please answer the foltovrine questions by marking in the appropriate boxes.
Yes
No
D> d the wilily file a budget with fire Department of Lentil Alf nrs for the currant year? If no, Please
X
EH
_
8-2
L>A/ tr
J yy`aA71
4ilfiri
err
y {
j�
TM1IjT 2ln >.
❑m the wilily pass anrpploprn I ms resolution? in no,l>loasa expiuill:
o
X
1
II yes:
Please Indicate the amount appropriated for each fund Inn the year:
d
i t
Fund Name
Budgeted Expenditures
S
_ ___
An ended Iron I Range e It rpdse Fond
S 20.000
I
4
Y
�i
yy
r'fit
Nt
8.3
Please use lbls space to provide any, explanations or comments;
Page 4
0-1
PART 9 - TAX PAYER'S BILL OF RIGHTS (TABOR)
Please answer the following question by marking in tho appropriate box Yes
Is the entity In compliance with all the provisions of TABOR [Slate Constitution, Article X, Section 20{5))? X
Nolo: M cloche:+ to exempt Me government from the spending limitations of TABOR does not •sentpl the aovernmonf
from the 3 percent emergency reserve requ'remorlt. Oil governments should dole rrnlnelf they meal this requirement of
TABOR.
Please Irse tills apace to provide arty oxpianaltoes or comments:
9-2
PART 10 -GENERAL INFORMATION
Please answer the following questions by inerkin_g In the appropriate boxes,
Yea
No
10.1
Is this appticauun for a never formed guvemil:eentai entity?
X
It yes:
_
Date of fcrmation: 7
. "i'•`ty - .I4'
.Yi
10.2
lies tile entity changed its name in the past or current year?
X
II Yes.
['tease list the NEW name R PRIOR name:
"'171" ,ft t tr t" 1' f `t
10.3
Is the entity a metropolitan district? _
X
10.4
Please indicate what services the entity provides:({
.;[Kl �. ,
t'I{ fi }l ti ,,, w }
`
}.,, y
construction, inslaliallon, financing and operation of public improvements, Including water and sanitary
sewer
10.6
I.I. Yes
Does the entity have an agreement with another government to provide services?
I isl lie name of the ether govt: rnuientel entity and the services proveh:U.
:� r•
' .
10.6
Has the district filed a Title 32, Article I Specs! District Notice of lneul;ce :,I-fuS during the year?
IAppiIWble to Title 32 special districts only, pl.rsuanl to Sections 32.1-103 (9.3) and 32-1-104 (3), C.R.S.I
X
dyes:
Date Fgud] 12/4/2015
� '';''sj .l j"1 '1 'r:
10-7
Please use this space to provide any explanations or comments:
the District is In the development stage. As such, the operating, ndrnalistrallvn and capital expenditures
for 2015 are to be funded by Pioneer Regional Metropolitan District, pursuant to an Intergovernmental
Auraeamnnl.
Page 5
PART 11 • GOVERNING BODY APPROVAL j
ea`w I. the Lo,1'Ilu,da, urxl:ma-1. er el Ili.; go. via, y boa,J Dysig'rnq ow board member Is an ng they see a ,uly elected or eppoirted ofrber of the local government CSavern'rrg
board mem bete may be welled. Abo by signing, the board member ce rtilies that this Application br Exemption from Audit has been prepared consistent wt Boren 20.1-604, C, R.S.,
which slides the' a governmental agency with ammo and expenditures of 1100,000 Or less must hove on application prepared by a poison sidled In 'governmental accounting; completed
to Uri bog of thor knonledge and Is aocurele and true. Use addelaned pages if needed.
Print the Homes of all current ,
A MAJUItIT Y of the governing hoard !numbers must complete and sign In the column 1
r
Board
Member
1
Print Board Membory Name
I, Toni L Serra, attest I ant a duly elected or appointed board member and I
have reviewed and apprl ve.the application for exemption from audit.
Signed , I• t • ,• •. , I `•
__•
Toni L. Sorra
r I
Date. ,
My term Expires: May 2018
Board
Clamber
2
Print Board Members Name
I, Joel H Farkas, attest I am a duly elected or appointed board member and I
have reviewed and lipprove the application for exemption from audit,
Signed II
J %•
Joel H. Farkas
Dale: -' ' • - 1,
My term Expires rrAay 2018
Board
Member
3
Print Board Mum'oore Namo
I, John "Mick" Todd, attest I am a duly elected or appointed board member and I
have reviewed and approve the application for exemption from audit.
Signed
John "Mick" Todd
Date:
My term Expires; May 2016
Board
Member
4
Print Board Members Namo
I, , attest I am a duly elected or appointed board member
and I have reviewed and approve the application for exemption from audit,
Signed
Date:
My term Expires:
Board
Member
5
Print Board Members Name
-
I, , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
Date:
My term Expires:
Board
Member
6
Print Board Membory Name
I, , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
______
Date:
My term Expires: •
Board
Member
7
Print Board Members Name
I, , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
- _ -
Date:
My term Expires:
Page B
Cliflonl.arsonAllen LI.P
YAW/ CLACornecl corn
CliftonLarsonAllen
Accountant's Compilation Report
Board of Directors
Resource Colorado Water and Sanitation District
Weld County, Colorado
Management is responsible for the accompanying Application for Exemption from Audit of
Resource Colorado Water and Sanitation District as of and for the year ended December 31, 2015
included in the accompanying prescribed form. We have performed a compilation engagement in
accordance with Statements on Standards for Accounting and Review Services promulgated by the
Accounting and Review Services Committee of the American Institute of Certified Public
Accountants. We did not audit or review the financial statements included in the accompanying
prescribed form nor were we required to perform any procedures to verify the accuracy or
completeness of the information provided by management. Accordingly, we do not express an
opinion, a conclusion, nor provide any form of assurance on the financial statements included in the
accompanying prescribed form.
The Application for Exemption from Audit is presented in accordance with the requirements of the
Colorado Office of the State Auditor, which differ from accounting principles generally accepted in
the United States of America.
This report is intended solely for the Information and use of the Colorado Office of the State Auditor
and is not intended to be and should not be used by anyone other than this specified party.
We are not independent with respect to Resource Colorado Water and Sanitation District.
a.4.,daAt f..
t.
Greenwood Village,Colorado
February 23, 2016
EXHIBIT B
Summary of Debt and Debt Authorization
To: Weld County, CO
From: McGeady Becher P.C.
Date: July, 2016
Re: Resource Colorado Water and Sanitation Metropolitan District
Election Authorization as of 12/31/15
5A
5B
5C
5D
5E
5F _
5G
5H _
51
5J
Purpose - Improvements
Streets
Water Supply System
Sanitary Sewer System
Mosquito Control
Improvements Total
Purpose - Other
Authorizations
Refunding of District debt or
other obligations
IGAs that are MFY
obligations; payable from
unlimited ad valorem
property tax levy -
Operating Expenses and
Reimbursement of Operating
Advances to the District
IGAs that are MFY
obligations; payable from
unlimited ad valorem
property tax levy
IGAs for Regional
Improvements that are MFY
obligations
Authority to Collect/Spend
Facilities Fees, charges, tap
fees
Principal
Principal Amount of
Amount of Authorization
Authorized Debt Used
$324,000,000.00
$324,000,000.00
$324,000,000.00
$324,000,000.00
$ (,296,000,000.00
$324,000,000.00
$324,000,000.00
S50,000,000.00
$324,000,000.00
Allowed
Allowed
$0.00
$0.00
$0.00
4,0.00
$0.00
Principal
Amount of
Authorization
Remaining
$324,000,000.00
$324,000,000.00
$324,000,000.00
$324,000,000.00
$1,296,000,000.00
$0.001 $324,000,000.00
$0.00
$0.00
50.00
$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
;:ru44uot,8 DOC v i I
B-i
EXHIBIT C
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 casement 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
(U44)R003. DOC v: ( }
C-1
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.
t0Q.19U908.DOC v: I 1
ANNUAL INFORMATION REPORT
FOR TUE YEAR 2015
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 2015.
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 2015.
D. Summary of any litigation which involves the District: The District was not involved
in any litigation in 2015.
E. Status of construction of improvements: The District did not construct any
improvements in 2015.
I'. Annual audited financial statements of the District or appropriate exemptions from
Audit: A copy of the Application for Exemption from Audit for the year ended
December 31, 2015 is attached hereto.
G. Summary of total debt authorized. issued and outstanding: Sec attached summary.
The District declared inactive status pursuant to Title 32, C.R.S. effective January 1, 2016.
004900I I DOC v: I
'1O:
From:
Date:
Re:
L5A _
5B
5C
5D
5E
5F
5G
5H
51
5J
Weld County, CO
MeGeady Becher P.C.
July 22, 2016
Resource Colorado Water and Sanitation Metropolitan District
Election Authorization as of 12/31/15
Principal
Amount of
Authorized
Debt
Purpose - lmprovments
I Streets
Water Supply System
Sanitary Sewer System
Mosquito Control
Purpose - Other
Authorizations
Refunding of ]District debt or
other obligations
IGAs that are MFY
obligations; payable from
unlimited ad valorem property
tax levy
Operating Expenses and
Reimbursement of Operating
Advances to the District
IGAs that are MFY
obligations; payable from
unlimited ad valorem property
tax levy
IGAs for Regional
Improvements that arc MFY
obligations
Authority to Collect/Spend
Facilities Fees, charges, tap
fees
$324,000,000.00
$324,000,000.00
$324,000,000.00
$324,000,000.00
Principal
Amount of
Authorization
Used
$324,000,000.00
$324,000,000.00
$50,000.000.00
$124,000,000.00
Allowed
Allowed
$0.00
Principal
Amount of
Authorization
Rem_►inin
$324,000,000.00
$0.00
$0.00
$0.00
$324,000,000.00
$324,000,000.00
$324,000,000.00
$0.00
$0.00
$0.00
$0.00
$324,000,000.00
$324,000,000.00
$$0,000,000.00
$324,000,000.00
Note: IGA = Intergovernmental Agreement; Ml=Y = Multiple Fiscal Year
Debt: All authorized debt is in the form of revenue bonds or other obligations of the District
including hut not limted to contracts, leases and other agreements, except as otherwise noted.
01)490011 DOC v.I )
APPLICATION FOR EXEMPTION FROM AUDIT - SHORT FORM - FOR GOVERNMENTS WITH REVENUES
AND EXPENDITURES OF $100,000 OR LESS
Name of Government
Address
Gemara Person
Telephone:
E'llell'
Fax:
Resource Colorado Water & Sanitation Metropolitan District
8390 E. Crescent Parkway
Suite 600
Greenwood Village, CO 80111 _
Jason Carroll
303-779.5710
Jason.CarrolIjf CLAConnocl.com
303-779.0348
For the Year
Encea December 11. 2315
or fiscal year ended:
Return to: Office of the State Auditor
Local Government Audit Division
1525 Sherman St., 7th Floor
Denver, CO 80203
Fax: 303.889.3081
Email OSA.LGestate.co.us
Call (303) 869-3000 if you need help completing this form.
PLEASE READ THE
ABOVE INSTRUCTIONS
BEFORE SUBMITTING
Section 20.1-601. C.R.S., outlines the provisions for an exemption from audit. Generally, any local government for which
neitner revenues nor expenditures exceed $750,000 In any year may qualify for an exemption
If either revenues or expenditures are $100,003 or greater, but nut more than $780,000, you may NOT use this
form. Ploaso use the LONG FORM of this application. If both revenues and expenditures are less than $100,000
Individually, use this short form application for exemption from audit.
Please review ALL instructions prior to the completion of this form.
Instructions:
1. Prepare this form completely and accurately. Please note that there are 11 parts to this form, and all questions
must be answered for the application to be considered complete.
2. File this form w;th the Office of the Slate Auditor within 3 months after the end of the year.
For years ended December 31, the form mut be received by the Office of the Slate Auditor by March 31.
3. The form must be completed by a person skilled In governmental accounting.
4. The application must be personally reviewed and approved by a majority of the governing body as evidenced by one of
the following methods:
a Resolution of the governing body - application may be emailed, faxed, or mailed.
b. Original signatures - application must be mailed. Email or fax will NOT be accepted.
5. The preparer must sign the application that is submitted In order for I( to be accepted.
6. Additional information may be attached to the exemption at the proparor's discretion.
CERTIFICATION OF PREPARER
I certify that I am skilled In governmental accounting and that the information In the application Is complete and accurate, to the best of my
knowledge. -
Name:
Title.
Firm Name (if apol'cablo): CIItlonLorsonAfion hiJ
Address: 8390 L. Crescent Parkway, Salto 5i:+0. Greenwood Village. CO 80111
telephone Number:
Date Prepared:
Jusuii Cnrwli
AcCounla,;l ter lhC l)!SII ICt
303-779.5,710
12/26/2015
Preparer Signature (Required): The application will be rejected If not signed by the preparer.
SEE ATTACHED ACCOUNTANT'S COMPILATION REPORT.
Please Indicate whether the following financial information Is
recorded using Governmental or Proprietary fund types
Governmental
x
Page 1
Proprietary
_
PART 2 -REVENUE
sale
equIN
.6VtNUP All rvvorues for all R.eda meal b9lBl ec Bain Ms seU on Including proceeds horn rho
e rutnn-a nl, and proceed born aebl or ea so tran sacuo ns. Financial n!ormalion sell nor l ncudo fund
of the government's land, bu ltling and
information
Llllell
2-I
2-2
2-3
Description
Round to nearest Dollar
Taxes. Properly
S
Specific ownership
S
Sales and use
S
-
24
OTer (specify)',
$
2-5
Licenses and permits
Intergovammenlal: Grants
5
Conservation Trust Funds (Lolteryj
$
2-U
2-9
Highway Users Tax Funds (HUFF)
S
-
Other (specify):
S
'
210
Char es for services
$
'
2.11
2 72
2 '3
2.14
2-15
2 -IC
-Ines and forfeits
Special assessments _ _
S
S
nvestment Income
Merges for uhll services
nY
Dei)t oroco ods Jshould agree with lino 4-3, column 2)-
.case ,roceeds
2-17
Developer Advances received (should agree with line 4-3
$
-
2-18
Proceeds from sole of capital assets
'
__
2-19
Fire and rofce pension
c
220
Donations
S
-
2.21
Other (spec NI:
S
-
_
222
Transfer hn m Pioneer Regional
$
10452_
2-23
2-24
S
S
'
10,482
(add lines 2-1 throe h 2-23) TOTAL REVENUE all sources
PART 3 -EXPENDITURES _
EXPENDITURES All ozperbnures for all lends most be ralleclad In Ihls section, Irrclutlipg the pr r ha o of capfl-nl assets tied phnclp=l and ioloras',
paymen's or long -lean de`l. Friandul inforvnaeon rd,I not nlokxlo fund equity in"arraflon.
Line!'
Descrlellon
Round to nearest Dollar
_
3-t
Administrative
S __ _ 5.310
3-2
3.3
_._ 3-4
3-5
Salaries
Payroll taxes
S ___ — _..'
Contract services
Employee benefits
S '
3 d
37
3-5
Insurance
$ 1 ,2n8
Accounting and lollal fees
S 5,725_
Repair and maintenance
S . U
_
3-P
Stipples
S .
3-10
Utilities end telephone
$ -
3-11
3.12
Flre/Police
S -
Streets and highways
S
3-13
Public health
S
314
Culture and recreation
S
3 13
Utility operations
S -
3-16
3-17
3-15
Caul outlay (should agree with Part 6)
S '
Debt service principal (should agree with Pad 4)
S -
Deht service interest
S -
3.19
Repayment of Developer Advances (sholdd agree with I ne 4-3)
$
3-20
Contribution to pension plan (should agree to line3-21
Contribution to Fire & Police Pension Assoc, (should agree to line 7-2)
S
3.22
Other (specify):
3.23
324
3-25
$
S
_
(add Imes 3.1 through 3-24) TOTAL EXPENDITURES 211 calogorios
5 12,333
Note: If Total Revenue(Llne 2.24) or Total Expenditures (Line 3-25) are greater than $100,000 • STOP. You may
not use this form. Please use the "Application for Exemption from Audit - Long Form".
Page 2
PART 4 - DEBT OUTSTANDING, ISSUED, AND RETIRED
4-1
Please answer the following questions by marking the appropriate boxes.
Yos
No
Does the entity have outstanding debt?
X
Is the debt repayment scttedute allacted7 II nu, please explain
—_
X
rho D slr:ct's debt Is comp,sod 01 Developer Advances, which are not general ob1 ation debt Repayment of
advances is sublet, to an ea' appropriation it and when eagibie tunes become aveilab!e
fit
1G
4.'f(.+
'. 'un:r
1,
,
.
°
• 7 ill iii
t?r_
' t 'i
_
Is the entity current in its cab! service payments? If no, please explain
X
4.2
4-3
the District's debt Is ccrnpnsed or Developer Advances, which are not general oblgalon debt Repayment of
advances is sub!ecl to annual appropration if end when el,glblo fonds become availatka.
. 1
I
ti
s :.
Please complete the following debt schedule, it applicable:
(please only include principal amourtts)(enter all amount as positive
numbers)
Outstanding al
end of prior year
issued during
year
Retired during
_ year
Outstanding
at
yearend
General obligation bonds
S
S -
$ -
s
-
Revenue bonds
S -
S -
S
S
Notes/Loans
S •
S
S
S
Leases
S
5
5
S
S
Developer Advances
_
S 135,054
5
S
S
135,054
Other (specify)
S 40,050
S 10 604
S -
S
51.1b2
Total:
5 175.912
S 10,504
S
S
186,716
Please answer the following questions by marking tile approoriato
boxes. _
Yos
No
Does the entity have nny authorized. but unissued, debt?
x
_
4.4
It yes'
Hour much?
S 2,318.000.000 00
3 yl".'
-)t
Date the debt was authorized
11/02/2004
4.5
Does the entity Intend to issue debt within the next calendar year?
X
If yeS:
1 toys much? I $
NEMIEtil
E
4.6
Please answer the following guostions by marking the appropriate boxes.
Yes
No
Does the emit have debt that has been refinanced that it is still responsible foi?
X
What is the amount outstanding? 1 $
t+ j .S'Fr.r- 1;-t
+ >s
r 4714-i
II ves
Please answer the following questions by marking the appropriate boxer,.
Yes
No
Does the entity have arty lease pyreurnenls?
X
4.7
:f yes:
4.8
Mal Is being leased?
A A
Y'
What Is the original date of the lease? _
Number of yoars of lease?
is the lane sab,ecl lu annual appropriation?
What are the annual lease payments' S
t ;' ? ;' "•r''WI
liillirelfla
Ploaso use lids space to provide any explanations or comments:
PART 5 - CASH AND INVESTMENTS
Please prov t o the entity's cash deposit arid Invoslnlerll balances.
Amount
Total
6.1
Checking accounts
S
1
6.2
Savings accounts
tat f1r
_�,� (
6
Certificates of deposit
S
4/9.1 ;?k;
.3
Total Cash Deposits
r-• ` .•t
S
Investments (if Lwusbuenl Is a nudutd lurid, please l;st urtdeityrne investments):
:1'f
T " t' .. c `
8,5
6.0
6.7
s -
1), ,
T
Total investments
e4 1, il
'
Total Cash and Investments
-ay
F .` ,�'fFZ Si
$ '
Please answer the following quosliun by marking in the appropriate box
Yes
o
5.8
Are the entity's deposits In an eligible (Public Deposit Protection Ad) public depository (Section 11-10.5-
101, or seq C fF S.)? II no, pi.e, se explain:
Please use tills space to trrovido any oxpiauatlorts or comments:
6.9
Tho entity hes tie cash as of 12/31/2015
Page 3
PART 6 - CAPITAL ASSETS
Please answer the following questions by marking In the appropriate boxes.
Yes
No
8.1
?cos the entity have capital assets?
X
If yes:
Has the onlity podormed an annual Inventory of capital assets in accordance with Section 20.1-500,
G 1e S-? It no. please explain-
X
}}yy
Complale the following table:
Balance
i
eeglntng of the
year
Additions
Deletions
Year Er d
Balance
Lana
5
s -
5 -----
S--------
Bulldnigs
S-
Mactenerj and equipment
$
S
$
S -
fermi:ure and fixtures
S
$
Construction In Progress (CIP)
S -
$
Other (explain).
$ b? 2a1
$ -
$ -
$ 87.204
Aoeumulnled oepructauon
$
$ -
s
$ -
Total
S 87.204
S -
$ -
$ 87204
Use Please use this spew to iLYovltle any cxpl iii altoexplanations or comments:
�AIM
vn sL�"'a≥r
tLL ufi.•)4P1=i"'
6-2
PART 7 - PENSION INFORMATION
Please answer the following questions by marking In the appropriate boxes.
Yes
No
7.1
_..
Duet the entity have air "old hire" firemen's pension plan?
7-2
tot the entity Irriyor a volunteer rift Rata s p nt:S t plan?
X
ryas)
Whoa nm tors the plan? I
Ally�..,a
Indicate the contributions from
(property, SO stifles. Ch )
Staleconlramtion remount:
$nt: S
Oihor (gills, donalions, etc.):
Total:
Whit is the monthly benefit paid fur 20 years of service per retiree ea olden I?
it
Plows use this space to provide coy expdenellons or comments:
7-3
PART 8• BUDGET INFORMATION
---
answer - 0--ls -__-_— p._ora-boxes.
I'lenso answer the to lloeldi �quostlona by narking in the appropriate bozos.
Yes
No
8-1
rnd the °miry fito n budget with the Deportment of Load Mons for the current year? If no, please
X
tp
f".•�alg
lad
g-2
tion_
11'I the entity pa drl ilpplOpl 1110116 resolution? Ni Itf≥, please nntinil'.
X
1�
�. �1r»
,}
. •_ �a i
Ryes:
Please Indicate the amount appropriated for each land far the year
FundNams
Bnrlgetodt7xpendltures
Amended Front Range Bnbapns@ I rind
S 20,000
'yYl
xyli) yy'y. IY^t'IL
'ln v..
tit_ 'v
Please use this Space to provide any ox plea nations or comments:
5-3
Page 4
9-1
PART 9 TAX PAYER'S BILL OF RIGHTS (TABOR)
'loose answer the following qussllon_by marking In the epproprlato box Vas
s the entity in compliance with sa the provisions of TABOR (Slate Constitution, Article X. Section 20(5))? X
hole: An ofacllon to exompl Iho govanmrenl from tin spending limitations of TAROK dons not exempt line govornnrnlll
from Iho 3 percent emergency, reserve requirement All governments should determine II they meet this requirement of
TABOR.
o this space tope. e ary oxpLmatlons or comments:
9.2
10-1
Please answer she following questions by n erktgg In fife appropriate boxes,
Yes
No
_
is this application lore newly formed governmental entity?
X
P yes:
Date of formation:
kr lyr
i:
10.2
If Vas
I MS the tinkly changed its Itanin in the past or cuoontyoor?
X
I lease lot the NEW nano 8 PRIOR name:
Ic
211
7 ,
10-3
is the ninny a ulchoyoai-m district?
(
X
' t
x
aD r
e'Z
_
. _
10.4
Please indicale l services entity pmvldos
g d operation of public improvements, Including water and so ails ry
conslmclsanitary
on installnonfinancing an
n
sewer
10,5
lie s the only hove an agreement with aimitfor gvvemmant to piovido services?
Ifyes
106
6 the name of the other cove mmental entity sed the services provided
�1
Lk'S
(y
X
ti
�r}yf
s r s
'3it r 1 d
,J.:.
Has the district fled so Rile 32, Abide I Special Dialect Notice o/Inaclrvo Status during the year?
(Applicable to Title 32 special districts only, pursuant to Sections 32-1.103 (9.3) and 32-1-104 (3), a.R.5.1
If Yes'.
Date PIIOdIi 12/4/2015
10-7
'lease use Slits space to provide any explanations or comments:
The District Is In the development stage. As such, the operating, administrative and copilot expenditures
for 2015 are to be funded by Pioneer Regional Metropolitan District, pursuant to an Intergovernmental
Agreemeel,
Rags 5
I PART 11 - GOVERNING BODY APPROVAL
a"Dn•r ., Ir;., c.ufGcali xi a i..t aPl:oval cf the lr vonn'n) 1wsW By srpnrq mu boa rd IrM mbal is oerl'dyina dKy me a duly unclad or appointed ull'iceTglha brat ucverrxrtan!. G.vrrnind
board members limy be yedfe,l. Aho Dy stoning, the board member certifies that this kp0keton for Exemption front Audit has been prepared consistent with 8ectlen 20.1604. C.R,S.,
which Eaton that a governmental eaerlcy with revenue erld expenditures of ;io0,000 or less mint have an application preperod by a person sidled In oosorrninenral eocourlirg; completed
to die best oI their hi owIedpo and Is eccarele end true. Use additional papas if needed.
t
Print lire names of all current
A 1,1A IORITY of the governing board members must complete and sign In the column
1
Board
Member
1
Print Board Members Namo
I, Tonl L Serra, attest I gun a duly elected or appointed board member and I
have reviewed and approve the application for exemption from audit.
%. - I
Signed 1 ( -r� • .:I' t.•
Toni L. Semi
Dale: r `
r • I
My term Expires: May 2018
Board
Member
2
Print Board Members Numo
I, Joel H Farkas, attest I am a duly elected or appointed board member and I
have reviewed nrifi approve the application for exemption from audit.
Sic nett {{ • I
J_
Joel H. Farkas
—__t.,._._ _-_---r•-- --.
Date: , — I . .r.
My term Expirey�ay 2018
Board
Member
3
Print Board Members Name
- ---- _
1, John "Mick" Todd, attest I am a duly elected or appointed board member and I
have reviewed and approve the application for exemption from audit.
Signed
John "Mick" Todd
Date:
My term Expires: May 2016
Board
Member
4
Print Board Members Name
I, attest I am a duly elected or appointed board member
and I have reviewed and approve the application for exemption from audit.
Signed
-
Dale:
My term Expires:
Board
Member
5
Print Board Members Name
I, , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
Date:
My term Expires:
Board
Member
6
Print Board Membore Name
I,. , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
Date:
_
My term Expires:
Board
Member
7
Print Board Members Name
I, , attest I am a duly elected or appointed
board member and I have reviewed and approve the application for exemption
from audit.
Signed
Dale:
My term Expires:
_
Page 6
CliflonLarsonAl:en LLP
w w,CLAConnccl.com
CliftonLarsonAllen
Accountant's Compilation Report
Board of Directors
Resource Colorado Water and Sanitation District
Weld County, Colorado
Management is responsible for the accompanying Application for Exemption from Audit of
Resource Colorado Water and Sanitation District as of and for the year ended December 31, 2015
included in the accompanying prescribed form, We have performed a compilation engagement in
accordance with Statements on Standards for Accounting and Review Services promulgated by the
Accounting and Review Services Committee of the American Institute of Certified Public
Accountants. We did not audit or review the financial statements included in the accompanying
prescribed form nor were we required to perform any procedures to verify the accuracy or
completeness of the information provided by management. Accordingly, we do not express an
opinion, a conclusion, nor provide any form of assurance on the financial statements included in the
accompanying prescribed form.
The Application for Exemption from Audit is presented in accordance with the requirements of the
Colorado Office of the State Auditor, which differ from accounting principles generally accepted in
the United States of America.
This report is intended solely for the information and use of the Colorado Office of the State Auditor
and is not intended to be and should not be used by anyone other than this specified party.
We are not independent with respect to Resource Colorado Water and Sanitation District.
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Greenwood Village,Colorado
February 26, 2015
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