Reserve Metropolitan District Nos. 1, 3, 4 and 5

RESERVE METROPOLITAN DISTRICT NO. 1

450 E. 17th Avenue, Suite 400

Denver, Colorado  80203-1254
Phone:  303-592-4380
Fax:  303-592-4385
https://reservemds.specialdistrict.org/

 

NOTICE OF SPECIAL MEETING AND AGENDA

DATE:           Tuesday, October 20, 2026

TIME:            3:00 p.m.

LOCATION/ACCESS:        Via Zoom

1.      To attend via Zoom Videoconference, use the following link:

https://us02web.zoom.us/j/89826137949?pwd=VsqpOzb7nFRjFMzQ3hEnVgpxIn6OqR.1

2.      To attend via telephone, dial 1-719-359-4580 and enter the following additional information:

a.      Meeting ID:  898 2613 7949

b.      Passcode:  047252

 I.                 ADMINISTRATIVE MATTERS

A.                Present disclosures of potential conflicts of interest.

B.                 Confirm quorum, location of meeting and posting of meeting notices.  Designate 24-hour posting location.  Approve agenda.

C.                 Public Comment.

Members of the public may express their views to the Board on matters that affect the District that are otherwise not on the agenda. Comments will be limited to three (3) minutes per person.

D.                Discuss vacancies on the Board of Directors.

E.                 Consider appointment of officers.

President:

Treasurer:

Secretary:

F.                  Review and approve minutes of the November 13, 2025 Special Meeting (enclosure).

G.                Discuss business to be conducted in 2027 and location (virtual and/or physical).  Schedule regular meeting dates and consider adoption of Resolution No. 2026-10-____, Resolution Establishing Regular Meeting Dates, Time and Location, and Designating Location for Posting of 24-Hour Notices (enclosure).

H.                Review and ratify approval of Agency Services Agreement between the District and Highstreet TCW Risk Management (enclosure).

I.                    Authorize renewal of the District’s insurance and Special District Association (SDA) membership for 2027.

J.                   Confirm sufficient funds for payment of insurance/SDA renewal and accountant’s ability to timely pay same

II.                  FINANCIAL MATTERS

A.                Review claims for the period ending October 20, 2026. Ratify approval of paid claims in the amount of $66,951.51 and consider approval of unpaid claims in the amount of $1,012.50 (enclosure).

B.                 Review and consider acceptance of unaudited financial statements for the period ending August 31, 2026 (enclosure).

C.                 Review and ratify approval of 2025 Audit Engagement Agreement between the District and McMahan and Associates, L.L.C. (enclosure).

D.                Review and consider ratifying approval of 2025 Audit and authorization to execute Management Representations Letter (enclosure – final audit).

E.                 Discuss and consider appointment of District Accountant to prepare Application for Exemption From Audit for 2026.

F.                  Conduct Public Hearing to consider amendment of the 2026 Budget.  If necessary, consider adoption of Resolution No. 2026-10-____, Resolution of Reserve Metropolitan District No. 1 to Amend the 2026 Budget.

G.                Conduct Public Hearing on the proposed 2027 Budget and consider adoption of Resolution No. 2026-10-____, Resolution to Adopt the 2027 Budget and Appropriate Sums of Money (enclosures:  preliminary assessed valuation, draft budget and budget resolution).

H.                Authorize District Accountant to prepare and sign the DLG-70 Certification of Tax Levies form and Mill Levy Public Information form (“Certification”).  Direct District Counsel to file the Certification with the Board of County Commissioners and other interested parties (zero mill levy).

I.                    Consider appointment of District Accountant to prepare 2028 Budget, and direct that the 2028 Budget be identical to the 2027 Budget, unless otherwise directed by a Board Member.

 III.              LEGAL MATTERS

A.                Discuss requirements of Section 32-1-809, C.R.S. and direct staff regarding compliance for 2027 (District Transparency Notice).

B.                 Discuss May 4, 2027 Regular Directors’ Election and consider adoption of Resolution Calling Election for Directors, appointing Designated Election Official (“DEO”) and authorizing the DEO to perform all tasks required for the conduct of a mail ballot election (enclosure).  Self-Nomination Forms are due by February 26, 2027.  Discuss the need for ballot issues and/or questions.

C.                 Ratify approval of Engagement Agreement for Legal Services between the District and McGeady Becher Cortese Williams P.C. (enclosure).

D.                Review and acknowledge McGeady Becher Cortese Williams P.C. Engagement Letter Appendix A Update (enclosure).

E.                 Review and consider adoption of Resolution No. 2026-10-____, Resolution Providing Policy Governing Automated Meeting Agents and Participation in Virtual District Meetings (enclosure).

F.                 Review and consider adoption of Resolution No. 2026-10-____, Resolution Establishing the Official Record of District Meetings and Clarifying the Status of Third-Party Recordings, Transcripts, and Artificial Intelligence-Generated Materials (enclosure).

G.                Review and consider ratifying approval of Special Warranty Deed between the Town of Mt. Crested Butte, Colorado, as Grantor, and the District, as Grantee (enclosure).

H.                Discuss status of Street Improvements Operations and Maintenance Agreement by and between Reserve Metropolitan District Nos. 1, 2 and 3.

I.                 Discuss status of RETA Agreement between Reserve Metropolitan District Nos. 1 and 2.

 IV.            OTHER BUSINESS

                             V.            ADJOURNMENT – There are no more regular meeting scheduled in 2026.

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