HomeMy WebLinkAbout2017 Ordinance No. 033ORDINANCE NO. 33
SERIES OF 2017
BY AUTHORITY
COUNCIL BILL NO . 32
INTRODUCED BY COUNCIL
MEMBER GILLIT
AN ORDINANCE APPROVING AN INTERGOVERNMENTAL
AGREEMENT BETWEEN THE CITY OF ENGLEWOOD,
COLORADO AND IRON WORKS VILLAGE METROPOLITAN
DISTRICT
WHEREAS, the City Council of the City of Englewood ("City") conditionally approved
the Consolidated Service Plan for Iron Works Village Metropolitan District ("District") by
the passage of Resolution No. 103, Series of 2016;
WHEREAS, the District was organized to provide those services and to exercise
powers as are more specifically set forth in the Districts' Service Plan conditionally
approved by Resolution No. 103, Series of 2016 ;
WHEREAS, the Englewood City Council passed Resolution No . 103, Series of 2016,
conditioned upon the District providing a market study supporting the financial plan of the
District to the City Manager, and the District and the City entering into an
intergovernmental agreement acceptable to all parties;
WHEREAS, a condition of approval for Resolution No. 103, Series of 2016, has been
met in that the Englewood City Manager has received and approved a summary of the
market study supporting the financial plan; and
WHEREAS, the City of Englewood and the District have determined it to be in the best
interests of their respective taxpayers, residents and property owners to enter into this
Intergovernmental Agreement.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, AS FOLLOWS:
Section 1. The Intergovernmental Agreement entitled "Intergovernmental Agreement
between the City of Englewood and Iron Works Village Metropolitan District is hereby
accepted and approved by the Englewood City Council and is attached hereto as "Exhibit
A".
Section 2. The Mayor is hereby authorized to sign and the City Clerk to attest
"Intergovernmental Agreement between the City of Englewood and Iron Works Village
Metropolitan District for and on behalf of the City of Englewood .
Introduced, read in full, and passed on first reading on the 5th day of June, 2017.
Published by Title as a Bill for an Ordinance in the City's official newspaper on the 8th
day of June, 2017.
Published as a Bill for an Ordinance on the City's official website beginning on the 7th
day of June, 2017 for thirty (30) days.
Read by Title and passed on final reading on the 19th day of June, 2017.
Published by Title in the City's official newspaper as Ordinance No. 33 , Series of
2017, on the 22nd day of June, 2017.
Published by title on the City's official website beginning on the 21st day of
June, 2017 for thirty (30) days.
This Ordinance shall take effect thirty (30) days aft
passage.
ATTEST:
I, Stephanie Carlile, Acting City Clerk of the City of Englewood, Colorado, hereby
certify that the above and foregoing is a true copy of the Ordinance passed on final
reading and published by Title as Ordinance No. 33, Series of 2017.
4:-i.,m.
ATTACHMENT A
Order and Decree
Reception#: 07019136, 02/16/2017 at 10:29 AM, l OF 55, Recording Fee $283,00
Electronically Recorded 0~£icial Records Arapahoe county, co Matt Crana, Clerk & Recordal:'
DISTRICT COURT, J\MPAliOE COUNTY. COLORADO
COu,t~.
'1325 S Potomac St. Centennial, CO, 80112 D,\Tll FILED: J1111U11rJ ll, 20171:U AM
CASI NOMB1!R.: 20l~41H
In lh• Matier of: IRON WORKS VIUAGE METROPOLITAN DISmlCf
A COURT USE ONLV A
C1• Nurnber. 2018CV32404
DMam:202 COI.IWOl'II:
Order: Onf1r and ~re• Organlzll111 Iron Woncs VJllap MtCropolJtan Dlstllct, !nuance of C1rtfflcalo or
Elec:tlon far Dnctor., and R•lnae of Bond
111o mctlonlprcposed Older lltmched hlt810: GRAHTED.
111ue Dur iJtl/2017
PHILLIP L DOUGLASS
D1strk:1 CNt Judga
Pqc 1cll
Reception f: D7019136, 2 OF 55
DISTRICT COURT. ARAPAHOE COUNTY, COLORADO
Court Address: 7325 S. Potomac Street
CcntcMial, CO 80112
Telephone: (303) 649-6355
Petitioner:
A COURT USE ONLY la
IRON WORKS VJLLAGE METROPOUTANDJb"l'RICT
By the Court: Cuc~o: 20l6CV32404
Div: 202
Orm: -
ORDER AND DECREE
ORGANIZING m.oN WORKS Vll,LAGE METROPOLITAN DISTRICT,
ISSUANCE OF CERTIFICATES OP' ELECTION FOR DIRECTORS,
AND BELnSE OF BOND
This matter comc5 ~cforc the Court. purJUant to § 32-l-305(6), C.R.S., on the Motion for
OtdCt" and Decree Organizing Iron Works VUtagc Metropolitan District, Issuance of CcrtlflCl1tcS
of Election for Directors, and Release of Bond (cho "Motion"). Thl:i Court, being fully advised
on the pc:mlscs, hereby FINDS AND ORDERS with respe~ to the orpnl7.Btion oflron Works
Village Metropolkan District (the "District''), as f ollDW5:
1. · '1111tt the question of tho organization of the District, 1hc election of directors
thereof. os well as quosti01111 nccoasmy to implement Article X, § 20 of the Colorado
Constitutlon, includins u:quesdng authorization ror debt and tax increases and to collect. retain.
and :,pend all revenues generated, ware duly &Ubruitlcd to the District's eligible electora b)·
independent mail ballot election held on NoYCmbcr 8, 2016, u spccifi~ in the Order Ca!Jing
Blc:ctlon cm Organization c:otcrcd by this Caurt on November 3, 2016 (the "Electfoa ").
2. That the Ela:li0t1 wu properly conducted pursuant lo and ln eccordaricc with the
provblon of lhc Colorado Local Oavemmcnt Election Code,§§ l-13.S-l0t, ,:,seq., C.R.S., an
_provisions of the Unifonn Election Code of 1992, §§ 1-1-101, el .stq., through1·13·101 , et .seq.,
C.R.S., not in conflict therewith, as provided for in § 1-13.5-106(2), C.R.S., and the SpcclaJ
District Act.§§ 32-J-J0l, et. seq., C.R.S.
l~.0001; 7Hl4l
Recaption #: D7019136, 3 OF 55
3. •fbat a majority of tho votca clt!t at the Elect.Ion were in fnvor of the organiz:ation
of the District and in favor of all ballot iS!Ucs and ballot questions submitted.
4. That. pursuant to and in accordance \\ilh § 32-1-305.S(S), C.R.S., dJe following
quo.lU1cd persom were duly clcct.cd cs mcmb:rs of the .District's first Board of Directors fur the
Indicated terms. as i'urthcr shown on the Ccrtificatea of Election which nro hereby liSUcd
simultaneous with this Order:
NAME
John T. Reiter
AaronC.Foy
113on Ferdig
TERM
toMay.2O20
loMay,2020
to May, 2020
S. That lhc Canvass Bow Statement and Certificate of Election Results filed with
this Court as Exhibit A to the Motion duly certifies the clcetlon rcturn!I ID this Court u required
by law and bereb)· is, in all n:apccl'I, approved iand confinnl.d.
6. Th ■t the District shaJI be and ' ls hereby cluly and regularly orpni2cd in
nccordancc wilh the requirements of§§ 32-J~l0l, cJseq., c.R.S. (the 0 Spedal Distrlct Ad''}.
7. That the Dimict shall be known as "Iron Works VUlago Ji-lotropolitnn Dlstria".
8. lbat the District is located in City of Englewood, .Arapahoe County. Colorado, o.s
mo.n, particularly described in· Emlb.11 A IWllchcd hcmo and incorporated herein by this
rcfen:ncc.
9, That, pursuant to § 32-1·306, C.R.S., witldo thirty (30) da_y3 after the dam ofthi!I
Onfer declaring: the D.istrfct orgaolzcd, a certified copy of this Ordin-!hell be filed with and
rec:onkd by the Arapahoo Cmmty Clcrlc and R.eeonlor (the "C~rk"). A copy of tho approved
Scrvi,;c Plan for Iroa Works Village M~politan District ("Service Pbua") shall also be filed
with tho Clerk. to be retained u a public record for public inspccuoo. Additionmlly, a copy of
tho Service Plan shall be filed with the Division of Local Government, Department of Loco!
Affo.irs (the "Dlvbloa").
10. That, in .further compl.iMcc with the n:quin:mcnlS of§ 32-1-306, C.R.S.1 a map of
tho Di.slrict sball be filed with the .Arapahoe County Assessor, tbc Clerk. and thi, Division
according to tho .standards of the Division and the 8'curecy thereof updated annually.
1 l. That, pursuant to § 32-1·20S(2}. C.llS., a copy of the Service Plan and the
resolution of the City Council of the City oCEnglcwood approving the Service Plan are appended
hereto and incorporated herein a., Exhibit Band Exhibit C, rcspectlvcly.
2 us. 0002; 791341
Reception I: 07019136, 4 OF 55
12. 'Ibot tho Petitioner's Bond filed pumiant co § 32·1-302, CltS., ia hereby rcleuccl
and dhcherged.
13. Thai the Obtrict shall be a mctnlpolitan district, as dcfmcd In § 32-1-103(1),
C,R.S., and quul-municlpal corporation IIJ1d poUtfcal subdivision of the Suite of Colotado w.llh
all the powers of a metropolitan district ava.iJabli:, under law 11nd In conformity with the Service
Plan, as may be amended, and all pow:rs and authorities as may hercatb:r be conferred by law.
These powera and authorities &hall bo ox.ercised through the Dist.rict'9 Board of OlrectGrs and
offis:ers.
DONE IN COU.R.1' this_ day of _____ .., 2017,
BY THE COURT:
Dulrict Cawt Judge
I U4.GOOl; 791341 3
Reception#: D7019136, 5 OF 55
E.""CHIBIT A ·ro ORDER. .AND l>.F.CREE
(Legal Dcderlptioa and Map of District Boundarie.1)
LOT 2, BLOCK. l, GENERAL JRON WORKS SUBDIVISION Frr.U-1O NO. 2, LOCATED 1N nm NOR11iWES1' QUARTER OF ntE NORTIIWEST QUARTER OF SECTION 34,
TOWNSHIP 4 SOUTH, RANOE 68 WEST OF m.B SIXTH PRINCIPAL MERIDIAN,
ACCORDJNG TO THE PLAT 'J'JJEREOF RECORDED MARCH 28, 2016 AT RECEPTION
NO. D6030247, COUNTY OF AR.Al'AHOE, STATE OF COLORADO
-
IJS .. OOfll; 191Jll
Reception I: D7019136, 6 OF 55
l◄St.0002; 7HJC I
EXHIBrrB
'fO ORD&RAND DECREE
(Service Piao)
To be provided by
WHITE .BEARANKEU! TANAKA& WALDRON
AITORNEYSATLAW
2154 E. Commons Avonuo, Suite 2000
C~nnial, Colorado 80122
RQcaption I: D7019136, 7 OF 55
SERVICE PLAN
FOR
moN WORKS VlLLAGE METROPOLITAN DISTRICT
t4J4..oom mas
CITY OF ENGLEWOOD, COLORADO
Prcpated
By
WHITE BF.AR ANKBLE TANAKA & WALDRON
21S4 E. CommonsAvc., Suite2000
Cantennlal. Colorado
Aogu.1t 12, l016
Reception 8: D7019136, 8 OF 55
TABLE OF CONTENTS
l JNmODUCTION ........... _ ........................... H .. ••••1••········· .. •••·••·•••·• .. ·••··•·••• .................... ,_ J
11.
m.
IV.
v.
A. .Pmpo.sc and. lmea.t •••..••••..• -••... ,_.,,,_ ............. _ ............... --··•·• ............... -............... I
B. Need.I Analysis/Basis for Stntutory F"Uldiop ................................................. -..... 1
C, District Ft.mctiam Gen.omlly .......................... _ _., ............................................... "''' 2
DEF'OOTIONS •••••••.•••••••••••••••••• ,-········"-··-················· .. •••••••• .. •••••·•·•••••••••·•• .. ·--•ffHlt-•M 2
BO'UND.ARIES •••• , ..... , .................... _,,, ... ,.. .............................................................................. 4
PROJ'OSEO LAND US.F/POPULATION PROJECTIONS/ASSESSED VALUATION 4
DESCRlPllON OF PROPOSED POWERS, IMPROVEMENTS AND S£RVlCES ....... S
A. POW"erS of tltc DistJicL ••• _._ ...................................... " ....................... " •••• -.... ," ........ 5
B. Limitations of the Diatric;t'& Powm and Scmcc Phm Amcndmcnl.-.• -....... -" .... S
1.
2.
3.
4. s.
6.
7.
Opmatiooa and Mainscaanc:c Limitation •.• ,_ .... -............... -....... _ .. _ .... _ .•.• S
Total Dc:bt l!.511aDCe Limitation. .......................................... ·--•·•········· .. ,·,.•••· 5
Comtr'IICtlou Stan.dards Limitation .......................... , .................................... S
Consolidation Llmitatloo ............................................ " ..• ,-········"········ ...... S
Ban.k:ruptc'y I.Jm,itatfoa .......... -...................................................................... 5
Service Plan Amend.m.Clll Rcqulrcmeat, ............................ " ......................... 6
Sales .and Use Tax. ................................................................. ,.6
C. P!Climin.uy Erigi!leerin11 Sl..tr'ivey .................................................................. -••••••••••• 6
VJ. WANCIAL PLAN ••• _ ........... 9 ........ ._ ........ -................. ._ .......... , ................................... " .......................... 7
A. Gc.ncraJ ..................................................... ,., ..... , .................... -........................ ,_ ....................... ._ 7
B. Maximum Voted Interest Rate and MJ:xhowu Underwriting Discount ............ , .... 7
C. Maldmuni Dcbl Mill Levy/Imposition Tenn ............................................ _ ........ _ 8
O. Dc:bt Repaymcot SolD"'Oce .................................. " ............................. -....................................... 9
E, Debt mstrum.Clll Disclosure R.equi:rcm.cat. ............ ._ ........ , ............................................ _ ............ -9
P. SectJrity for Debt. .................................................................... ., ...................................... "····· ....... 9
a. TABOR. Compliance.. .......... _ ....................................................................................... , ............... 9
fL District'• Opct'lltin1 Costs .................................................... , .............................................. JO
'Vil A'NNUAL REPORT_ .................... -................................................................ ., .................... 10
A, GcnCl"ll ............. _ ................................... -........................................................................... " ................. JO
B. Reporting of Signific:aot Events.-............ -.................... _ ........... -...................... I 0
vm CONSOtJDATION/DISSOLUTION ................. " ............................ -............... -... -...... l 1
IX. DISCLOSURE TO PUR.CliASERS ..... '" ..... -................................................................. 11
XI.. CONCLUSION .......................................... _ ..................... -...................................... , ......................................... 11
Racaption I: D7019136, 9 OF 55
EXBIBITA
EXBJBITB
EXHIDITC
F.Jall131T D
EXRIBITE
EXHIBUF
EXHIBITG
LIST OF EXBIDITS
Legal Ocacription
Englewood Vicinity Map
Dislrlct Boundary Map
Summmy of Public .hnprovcmonu
Prclimiruuy Engineering Survey and Co3t Estimates
Preliminary F.insncing Plan
Intcrgovcmmeutal Asiecmc:nt bctwem the District and
Englewood
Raception #: D7019136, 10 OF 55
L JNTRODucrtQN
A. Purpose and Inteat
Iron Worb Village Mclropolitan Dimic:t (the .. District") is aa indcpc:11dent unit of
local govommont, aepamte md distinct .tiom the C"tty of Englewood (thD "City'). and. except as
may otherwise be provided for by State or local Jaw or this Service Plan, lb adivitlcs me subject
to JCVicw by the City only imofm IS Ibey may dcvlatt: in a material matter from the rcquin:mcmts
of the Service Plan. It b intended that tho District will provide a part or all of the Public
lmpmvcmcota necessary 811d approprla!D for tha use and benefit of all anticipated property
owners witbfn the OJ.strict and tbo genaral JJUblic. Tho primary piupo10 of the District will bo to
finmcc the C005fruction of these Public lmpro~ents and operate those improven:u:nts that are
not dedicated to the City.
B, lmd:i Annlvsis/Basls for Statutory findlngs.
In order to cslabllsh compllimco with the standards fur Servico Plan approval .set fDJfb
in Section 32-1-204.5, C.R.S., the fbllow.ing needs analysis ls provided:
1. There 13 Sufficient E'Jdstma and Projected N=J roe O.rpoJzmS Servia;.
Approximob:lly 136 rcsidcotial units will ba construe!= within the Service Arca which require
Public Improvement installation and ongoing publlc &emce:J to 1hc Project. Therefore, demand
for the Public Improvement, to bo provided by the District to support the development is
demonstrable.
2. The Existing Serykc in the Area to be Scntcd ls lna@"'Pftl"' fut Present
and Prvicrux! NeedJ/Adecv1aTo Smfcc Throu,w Other OoyemmentaJ EotJtica w;n Not Be
,6ypilabtc Within 11. Rem!h!c Time 111d on a Comparable Byjs. The &dlitica and services to
be pmvided by the District on: not cmrcmly and will not be provided by my comrty. mumcipal
or qumi-mwdclpol corpomions, iacludlag exJsting special districts. The District's boundaries
do no, overlap the l cpl boundsrics of any cxbting special dbtrict with the power nr wUHngnes.,
IO provida tho &mDC ,cn,ia:s that tho District proposes to provide, Neither the City, nor any
c:xlscing special district, p1am 10 provide the facilitim required fot the developmmt of the
ProjecL Thcrefon:, provision of fitdlilics will not be available through other govcmmcmal
endtics.
3. The District is Capable of PIOYidlnq Bconomical and Sufficient
Seryicef11t.c pi,trict Will Haye the F'QUP!Cial Ability to Pi3£h;rp:c Pmposcd Tndeb1tdness on a
Rwonablo Basis. The Dimict is necessary in order to pmvido tho most ccaoomical and
efficient mean, of undertaking Dblrict AclivitiES to servo the residenu and Project. The
F1mmc:Jol Phm attnchcd B! E:sblhft 11' dcmonstnltcs the !ca:!ibillty of providhlg the Dlsoict
Activities proposed herein on an ec:anomical basis. Fonnatioo. of the District is tlM::rcf'orc
necessary in order for tho Public lmprovcmems required for the Project to bo provided 1D Ibo
mo.9t economic DUIJllltr posSJale, as well as the District will have accc,s to fax.exempt fmanclng
1hnt b not availublc lo privaLe entities.
ffll)I • 1.
Recapticn #: D7019136, 11 OF 55
4. ]be Creation of the District t, in the Best lnterub of the Ara to be
Sm£d. The ma.ttm dcscribed In items 1 through 3 of this Section establish that the 0rea1ion of
tho DJstrict ls in the best inti:rem of tho area Co ba !Cn'ed, in 11mt they demonslratc a demand for
public improvcmcnls that will olhctwisc be umnet by otbec govcmmeohd entitles awl offer tba
advantage of obtalning public financing ta fund thcsa irnpmvcmc:nts.
C. Distnct Function.1 Oengra)Jy
The District is authorized to provide for lhc plamdng. dc,ign. acqui1ition.
comtructioa, installation, relocation and rodcvelopment of the Public Improvements &om the
prccecds of Debt to be issued by the Distrlct and other availabrc rcvcnue5, Alt Debt tbBt ls
payable from a pledge aI property taxes is subject to the Maximum Debt MW Levy. Ikbt 'that ia
im=l within this, and other pmamc<=B .set forth In tbia Service Plso,, will insuJmo property
owners from ~aivc tax burdcm to support the servicing of 'the Debt and will r=u1t In a timely
and reasonable dischnrse of the Debt.
It is expected Uiat cerla1n Public Imprm'CUICDts will be dedicated to either the City
or ID other govemmcolaJ entities according ta t1u, appllcablc procedures for die ~ific entity
(mcludwg but not limited to standards rclatlns to construction), The District is authorizicd to
awn. operate and maintain Public Improvement., that me not dedicated ta tho City or other
governmental cnlitlc:$. Detmnination of specific Public Improvements 10 bo dedicated to the City
and/or other govcrml'H:Dtal enlitlca, 01' to be retained by the Djstrict, will be the aubjcct of
sepanw, actions and agr=ments among interested parties, including the Approved Development
!'Jan.
Tho City shall have and will exercise ,oJc and exclusive jurisdiction over land '1llC
and building. e.g.. mniog, subdivision, building permit. aod dccfsf ons affecting development of
propc:rty within lhc boundaries of the DilJtrict Consttuction of all Public Improvements shall be
subject to appllClble onlimmccs, codes mid cegulati<nlS of the City.
Unless the .Distnct has operotional responsibilities for any of the Pllhlic
Improvemt:lli!I, it is the intmt of the District. to dinolvc upon payment or dcfcasancc of all Debt
incum:d or upon a a:Jud determination that adequate provision has been made for the payment of
all Debt, or upon the occurrcncc of an event specified in Scclion 32-1-701(2) or(3). C.R.S.
Devclopmcmt within the District Js nt:eca.wy to provide the Distriet wilh the
ability fo undcrtBlcc the Dlstrict Activities. The gnmt of nuthority contained in this Service Plan
does not constibllll an agreement or binding commitment of the Dbtrict enfon:eablc by third
parties to undertake the a1;tlvitics described, or lo uodcrtalu: mch activities exactly 89 dcscn1,ed.
IL DEEJN]TIONS
In this Service Plan, the following 1cml5 shall have the mcanicgs indicated below, unless
lbt context hereof clearly requirc.1 otherwise:
771131
Raception #: D7019136, 12 OF 55
Appmved Development Plan: me11m the Development Asrcemcm for the Project which
spcdfics ~ Public lmprovemenb acccaa,y far devclopmcmc of property within the
Service Arca es approved by the City punumt to the City'• C\rofo•nce, and ~w, Che
Planaed Unit Development Plan, tho Fmal SubdivlsJon Plat, and u well u any tile ar
c:onstnlCtloo plans approwd by City staff from time to time IIMI water aad 30\Yel" plam, u
approved by appropriwi utility providus and/or Ibo City, u appropriate.
~: means the board of directors of the .DistricL
~ mcana tho City of Englewood, Colorado.
Cltv C'mmm•~ means the City Council oftbo City of Englewood, Colorado.
J2dll: means bonds or other fin,mriel obligations not subject to 1U111ual approprindon for
the payment of which tbe DI.strict has promLscd to Impose, collect and pledge 1111 Qd
valur,m property tax mill levy, Fees, an.dim uiy other Jeplly available revenues of the
District.
l2las: means the Iron Works Village Metropollbm District.
Dfs!rii;t Actiyjtjg: moans any and all fbncdom undertaken by the District in accordance
with mis Scrvlce PJan and u permitted under appllcable law in order to dfcctuafc cbe
purposes for which the Di.flrict fa orpnizcd.
pjstrict Bgundpriq: m=ns the boUDdaric:s of tho area dcacribed in tho Diatri<:t Boundaiy
Map.
Dlstdct fimmdmy Man: means tho map attached hereto es Eulblt c. describlns 1he
District's initial boundaric,.
£g means any rate. fee, toll. penalty or other charge imposed by tho District lrDd
permitted by applicable law for services, prograntB or fw:ilitics provided by the Di!trict.
J!iQanclal PJm: meam the Financi.ol Plan attached hereto u Exhlbf t F and described in
Section Vl which describes {i) how the Public Improvements are to be .financed; (U) how
the Debt ls expected ta bo inc:uncd; and (iii) tho e&timaied opcnwng menuc derived
11cm property taxes for the first budget year.
MaxJmwn Debt Mill Len: mcam the maximum mill Jevy the District i1 pennitt.cd to
impose for payment ofDcbl M 5et forth in Section VT.C below.
Reception I: D7019136, 13 OF 55
fm.ls means the development or propeny c:ommonly rcfaTed to u lron Works
Village.
Pub1ic Improvements: muns 11 pan or all of tho improvomcnts autborizcd to bo planned,
de:agncd, acquhed, construclcd. imtallod, relocated, redeveloped and :finaneed a.1
gancmlly described in tho Special District Aot. except aa specifically limited in Section V
below, to serve the taxpayers and inhabitants of lho Service Arte os dcteanincd by tho
Boem of the District.
Seryjoe Area: means the pn>perty within the District Boundary Map.
Servi~ Plan: means thf1 ~ervlce plan for the, Dl1trh:t approved by Clty Council.
Sqyjcc Plan Amcndmept-mcam an amendment to the Service 'Pim approvi:d by City
CounciJ Jn acconhmcc with the City'., ordinances and applH:abJc stale l11W.
Specilll Di!ttjct Apt: mcam Section 32•1•101, g &q., of the Colo.ado Revised Statutes,
u mncodcd from time to time,
~: means the Slate of Co1orado.
Taxsblc PJYperty: means real or pcaonaJ property within tho Service Area subject to ad
valotcm taxes imposed by the District.
m. BOUNDARIES
The Initial urea of the Dimic:t Boundaries i.ncludcs approximately 8.47 ~. A legal
dcxripdon of the Ol!trict Boundaries i, attached hereto u Exhibit A. A vicinity map t,
altacllcd hereto as Exhibit D. A map af the District Boundaries la ILltllched hereto a., ElblhJC C.
It Is anticipatzd that this District's boundades may change fi'om time to time as they undergo
inclusions and cxclusions pursuant to Section 32•1-401, m l!tll•, C.R.S., and Section 32-1-501, ~
~.,C.R.S.
IV. PROPOSED LAND
VALUATION
USll'JPOPULATION PROJECTIONS/ASSESSED
The Service Arca consists o( appro:dmatcly 8.47 aac11 of rcside:Dti11I development with
approximately 136 residential unita. Tho CUII'Ctlt BSSC$scd valuation of lbc Service Arco. i9
approximately $0 for purposca of this Service, Plan and, at build out, ii expected 1o be sufficient
lo reucmab]y discharge che Debt under tho Flnanclal Pf.an. The populmioa of the .District at
build-out is cmmalcd to be approximakly three hwidrcd fifty (350) people.
77W1
Reception I : D7019136, 14 OF 55
Approval of this Scrvic;e Plan by the City docs not. Imply approval oft.he development of
ll SJICGi.flO ll1'CI within 1be Oiatrict, nor doea it lmply approval of the number of rafdcadal Ullits
idczttlfied in lhis Service Plan or any of the exhibits allachcd thCft10.
V. DESCRIPl]ON OF PROPOSED POWERS, IMPROVEMENTS AND SERVJC£8
A. PcmlJ of the District
The Di.strict shall have the power aod authority to provide the Public
Improvements and un.dcrt81co related opcnmons and maiotmancc: 3Cl'ViCC! within mid widlout the
boundaries of tho Oi.mfc:t, aa such power and authority is de.,cribcd in the Special District Act,
and other applic:ablc statutes, tho common law and the Conatitutioa. subject 10 the fhnitaliom set
for:tll in tine Service Plan. The lpCCific types of Public In:,provcmc:ats shall ba derr:rmlncd in tha
discretion afthc Board of Directors of tho Dfatriot.
B. Limitadone of the Dl,tJ:fct'• Powea and Service Plan Amqndmcnt
1. Operations and MaiplepaDCC Umltadoa The District shall dedicate certain
Public Improvement# to the City or olllcr appropriate Jurisdiction in a manner consistent with tho
Approved Development Plan, JUJe., and rcgula11oos of the City ud applicable provisions of tho
City's ordimncca. The District i.!I authormd to own, operate and mainealn any part or all of die
PubUo Improvements not dedic111cd to the City or other appropriate jurisdicdoa. Oateuninadon
of specific Public Improvomcot!I to ba dedicated co tho City and/or other govcmmcnCIJ catitics.
or to be retained by tho Dlstrict, will be the subject oC separate actions and agrcaneal9 among
lntcrestcd parties. A SUDlllWY of the improvements anticipalcd to be owned and opctDtcd by the
District b attached as E%blbJt D.
2, Total Debt J,suancc LimitJtfon Tho District ahall not issue Debt in 1111
aggragate ~pa.l amount ill excess of S4.SOO,OOO absent a pcrmtucd increase In such amo11Ut
u may be authomcd pursuant to a i\nun: intergovcm1111mtal ogrceme:ut with the City. Further. a
rc:1\mdiog, ~issuance or mtructuring of 01rtatimdlns debt and accrued intctcst shall oot be
deemed new Debt that would count against the 'foUII Debt lssuaace Limitation.
3. Construction Standards Limitation The Dlstrict shall ensure that the
Public fmprovmncnt!I to be dedicated to tli.c City or other uppropdatc jurisdktion an, designed
and c~ ln accordmlcc with the standards end ~ificotlam of tho City and of athar
govemmcutal entitles having proper jurisdiction. City approval of civil engineering plm, and
!Jsuance of applicable permits are required prior to comtruction and Installation of Public
lmprovemcols.
4. ConsoHdntlon Limjtatign The District shall not file a :request with any
Court to consolidate with another ntJc 32 district without the prior wriUcn conac11t of the City.
s. Bankruptcy Limitation All of the limltatiOJl5 c:.ontained in this Service
Plan, Including. but not lbnJCcd to. tbmc pertaining to the Maximum Debt Mill Levy and the
Reception H: D7019136, 15 OF 55
Fee5 have been ~lfabod Wider t.bc au.tbority of the City to approve a Service Plan with
c:olldltiom pumiant 1o Sc~on 32-1-204.S, C.R.S. It l:i c:xprcsaly lnt=dcd that ,uch limitations:
(a) Sball not be mbjeet Co set.asfde for any l"Cl!on or by my coon of
competent jurisd.louoo, absent a Sc:mcc Plan Amendment; 1111d
(b) Aro, together with all odu:r requirements of Colomdo law,
included in the "politis;al or govmuncwal powm11 rc:scm::d to the S1atc under the U.S.
Bankruptcy Code (11 U.S.C.) Section 903, und. an, also Included in tho "regulatory or electoral
epp.roval necessary und~ applicable uonbllllkrupccy law" as required for confinnadon of a
Chaptur 913ankroptcy Plan under Bankruptcy Code Scctloo 943(bX6),
A:Ay Debt. issued with a pledge or whlcb results in a pledge,. that e:wecds
the Mmdmum Debt MW Lcvyt sbal1 bo deemed a mESlcrial modificatloo ot this Service Plan
pursuam lo Sc:ctlon 32-1-207, C.R.S., ud tho Town sball be c:mitled to all remedies available
under State and local law ro enjoin such aations of the District.
6. Scrylce Plan .Amendment Regplrcmmt TWs Service Plan has bcc:n
de&l81lcd with sufficient fJC'Xllnlity to mablc I.he District to provide required -'Cl"Vices and
facilities wuh:r evolving circomstanccs without the need for numerous ameodmobts: No
modification shall bo required for an actioa of the Dlstrict which docs not materially depat't from
lhe provislOll!J of thb Semcc Plan. WJ1fle the wamptions upon which dm Service Plan ans
generally bl3Cd arc rr.::ffcctive of lln Approved Development Plan for the property within the
District, the cost estimates and Financing Phm 1UO :sufficiently flcxi1>lc to c:1lllblc the .Di5trict to
provide ncct!SAJ}' .services and facilities without the need ta amend this Service J>lm a.,
development and :financins plims clumge. Modification of the gc:ncral typc:.s of services and
facilities, and chaages in proposed financing, timing, configumliom, Iocat.ions, or dlmomions of
voriom mcilitics and improvc:mcnta shall be pc:nnitlcd to acoommDdsfc development need,
co.DJistent with then-current Approved Development Plan mr the property. Material
modlfic&tiom to this Sarvico Pim may be made only in accordance wlth Section 32,,J-207,
C.R.S, Nothlng herein ls mt.ended to modify ar prevent the use of the provisions of Section 32-
l-207(l)(b), C.R.S.
7. Sales and Use Tag. The District shall not ewcfse lts sale., and un Cmt
eic=ption iD II manner that would JCduce or cause a toss of sales or use tax rcvmum due to the
City .from the conslruction of the Public Improvements. or from the provision of District
Activities.
C. PR-'irojpuy Englnceriag Survey
The District shall have the authoril.y to provide, for the planning, design,
acquisition. consbuction., insta!Jatlon, rclocntion, redevelopment, m.nintenanee, nnd financing of
the Publill Improvemcnt:i within and without the bowidaries of lhe District, to be moro
specifically defined 1D an Approwd Developmc:ut Plan. An estimate oCtht com of dus Public
Jmprovemenu which may be planned for, designed, acquired, eorunructcd. installed, relocated,
mm
Reception#: D7019136, 16 OF 55
redcvcloped, mmntaincd or finlnccd was prepared bued upon a preliminary c:nBin=ius aurvcy,
attached hereto as Emlbtt E. and cstimatc.s derived 6-om the zooms OD tho property in the
SetVicaArea.
All of rho Public Improvements described herein will be dcsipcd in !Ucha way
as to fl!lsutO that the Public tmprovcmants standanls will be compatible with lhosc of the City and
shaD be in accordance with the rcquirement.t of tho .Appn>vcd Devclopmc:m Plan. All
doKtiptfons oftbc Poblic lmprovemcma to be constructed, and their related com, me Cl1ima1es
only end arc subject to modification as coginccrlng, development pl11118, cccnomica, the City's
requ.in,mcola. and c:oostmdion =xdnliD8 may require. Upon approval of tbh, Service Plan, the
Olstrlc:t will continue ID develop awl refino co1t estimates contained herein and prcpac for
issuance of Debt. All cost estimate, w:iU bo inilaa:d to then-current dollars at the time of the
Issuance of Debt imd ccmstmction. All c:omtruetion cost estimates BS!W1'1C constrUCtion lo
apptlcabre local, SWB or Federal requimm.'Jlts,
VI. ffllANCIAL PLAN
A. G:nqal
The, Dbtrlct 5hall be autbori7.cd to provide for the plam!ln1L de.!Ign, ocqubftlon.
constructian. in51allodon, relocation and/or n:devclopmcnt of the Public lmprovep,c:nts ftom ii!
revenues and by Bild 'through the proucd, of Debt t.o be i.sllued by the District. The F'.maacial
Plan is to U1SUa 1JUCh Debt u 1he District can rcucmabty pay f.l:om iovenucs derived ftom tho
Maximum Debt Mill Levy, Peca and other legally available revenues. A Preliminary Flaancing
Plan is auachcd hereto as Emlblt II' and depfcu tho antlcfpatcd revmuc forccast and debt
wwmce bcxd. upon current projections of ckvclopmcat within tho Projcc:t. Tho actual Debt
issuance of thD Dlstrlat aba1l ho based upon actual development within the Project. Tho
Fimmcing Plan demonstrates oac method that might be used by the District to finance the cost of
urli'aslructurc In any event, tho total Debt that the District ahaU be pcnni~d to Issue shall not
c:xi:ccd tho Total Debt lsSWIIICCI Limitntion and aball be permitted to be Issued on a schedule and
in mch yea or yeun as the District determines shall meet 'the needs of the Financial Plan
referenced above and phased to serve development aa It oc:c:urs. M long tho D11tzic:t•s Debt
othcrwuie complies with the mitricdon in the Service Plan, It will be deemed to be in maJerial
compliance with lbc Smricc Plan for purposos of§ 32-1-1101(2) reprdlcse of whether the
stnU:ture, dmes and amount of Debt differ iom the projccdom in the Financial Plan. All bonds
and other Debt is9tlcd by the DJstrict may be payable from any and all legally svailablc ~venues
of lhe District. including 8cncral ad valorem tn.xcs ROd Fees to be imposed upon all Taxable
Propc:rt)' within the District. Tho District will also rely upon various other rcv=uc isourccs
authoriz.ed by law. Those will include 1hc power to assess Fees, rate.,, toUs., 11cmalties, or cbargcs
as providc4 in Section 32-1-1001(1), C.R.S., e amended from time to time.
B. Mpimmp Voted Iutcmt Rate and Maximum Underwriting Discount
11WI
Reoaption f: D7019136, 17 OF 55
The intcr=t ram on any Debt Is expected 10 be the market rate at the time the Debt
is wucd. In the event of A default, the proposed maximum intcn:st .ride on my Debt ia not
cxpcetcd to exceed fifteen percent (15%). The proposed maximum underwriting daCCJunt will be
five pc:tCCDt (5%), Debt, when issued. will comply with oil 1elevont requirements of this Service
Plan, and S~ law and Federal law as then applicable to the iasuancc of public accuritlc,,
C. Maximum Debt Mill Leyy/Impo;,ition Tenn
The "Maxlmwn Debt Mill Levy'• shall be the maximum mill levy the District i1
pimoittcd to impose upon the Taxable Properly within the District for _payment of Debt, and ahaD
be dcti::nnincd as follows:
1. For the portion of any aggrepie Diatrlct's Debt which c:xcc:ds fifty
pcrcCDt (50%) of tho District', ~ valuation, the Maximum Debt Mill Levy for auch
portion of Debt shall bo fifty (50) mll13 lesa 1be number of mills nocessary to pay willmltcd mill
levy Debt described in Sectioa Vl.C.2 below: provided that if, after approval of this Service,
Pl1111, there aro changes in 'tho mctbod of calcuJaiillg tmuscd wluntion or any coostituJioaaJly
mo.ndnted tax credit, cut or abatement; thtl mill levy Umttadon applicable to such Debt m&y be
increased or decreBl!c:d to r!lflect such tbonse.1, such increases or decreases ta be determined by
<M Board in good truth (such dcbmnioaaon to be binding and final) 10 that to tha exmot pow'blc,
the actwll tux reveouu gcncmted by the mill levy, as uljusted for changes, an, acilhcr
diminished nor enhanced os a msult af such changes. For purpos113 of the foti:going, a clsangc in
the ratio of actual valuation shall be deemed 10 be a chansc in the method ai c:alc:ulaling Ullt:.!lsed
valuation.
2. For the portion of any 11ggrcp1C DJstric:t'a Dehl which i• equal to or Jeiq
than fifty percent {Sffl) of the District's asuascd valuadoo, either on the date of i!swmcc or at
any time thcrcaftcr, 1hc mill levy to ba imposed to repay suoh portion Qf Debt shall not be rubject
to the Maximum Debt Mill Levy an~ as a result. the mm levy msy be such amoUDt ll! ls
ccc;cSSaJ')' to pay tho Debt service on such Debt1 without limitation of rate.
3. For pmpcses of the forcgol.ng, oacc Debt hos been determined to be within
Section VI.C.2 above, so dust du: District is entitled Ca plqe to its payment an unllmib:d ad
'lalan:m mill Jcvy. the Dbtrlct may provide that such Debt shall remain .secured by 1111ch
unlimited mill Javy, notwftbsUmcting any subsequent chaago in the DJstrict'!I Debt to amesscd
ratio. All Debt issued by tho District must be issued in complian~c with the requirements of
Section 32-M 101. C.R.S. Md oil other n:quircmcots of State law.
To the octent that the District is composed of or subsequently organ~ed into one
or mnrc subdistricu os pcnnittcd under Section 32·1-J 101. C.R.S., the ttnn "District" as u:sed.
herein shnU be deemed to refer to the Dbtrict and to each such Sllhdistrict separately, so that each
of the subdistrict! will be treated as a separate, independent district for purpose, of the
application ofthf, definition.
Tho District sbalf not lmpo!le a Debt service mill levy for rnorc then forty (40)
year• after lhc year of the initial impoaitinn of scch Debt service mill levy ualcss: (1) a majority
711131 •II •
Reception I: D7019136, 18 OF 55
of the Board ofDlffi:tOnl of1hoDistclcthn,poaln1 the mut Jevy are rc1ldcmta of such District, and
(l) such Board bllS voted in favor of issuing Debt wtth a term whJch rcqulre9 or ~mplar.ell the
imposition of a Debt service mill levy for a longer period or time tlwl the limJtation contained
herein.
D. Debt Rcsyment Spurces
The District may impose a mill levy on Taxable Propctty within its boundarica as
o primary source of nsvcllUC for tcpa)'Dlcal of debt IICnllcc and for operations and maiatenm:e.
Tho District may also rely upon various other revenue JOmccs authorized by law. At the
District's dbcretioo. lhcsa may include the power to assess Fees, ruca, tolls, peoallies, oc charges
as provided in Section 32-1-1001, c.R.S., 89 amended ft-om time to tfm11. In no ovcut sball lhc
debt service mill levy exceed the Maximmn Debt Mill Levy.
E. Debt Jm1ngnept Disclosure Rcquhew;pt
lo the text or cac:h Bond end 1111y other lostnunem repre.,enting and constituting
Debt, tho District. shall 5ct forth a statement in substandally the following form:
By ac;cptance of this instrument, the owner of Ibis Bond 11an:cs
and comcnts to all of tho limitatiom in ~ of the payment of
lhc principal of and inl.erest on this Bond contained herein, 1n the
resolution of the District •utborwos the WUIDCC of this Bond and
in the Service Plan for c:niadoa of the Dittrict.
Similar Janguaae dcacriblna the lim.(tadons in respect of the payment of tho
pdncipal af and inten:.st on Debt set forth in this Somc:c Plan sbllll be included in uy document
u,ed for tho offering of the Debt for salo to penons. including, but not Jimitod to, a dcvdopcr of
propcrtywithln the boundaries otthc Dlsldct.
F. Security r or Debt
The Di.strict aball not pledio my rcvaJU( or property of the City as security Car
the indebtedness sot forth in this Service Plan, except 11:1 may bo agreed to In writing by ~ City.
Approval of this Service Plan shall not bo COl1!1n1Cd as a guarantee by lbe City or paymeot of uy
of the D!slrict"s obligations; nor sball anything in the Service Plan be coruaucd so a., to c:n:ate
any Rspomibility or liability on the part of the City in the event of dcfuult by lhc District in the
payment of mry such obl11atloa.
o. ~QR Compliance
The Dlstdct will comply with the provisions of TABOR. In the dhcretioa of the
Bod, 1h11 District may set up other qualifying cnlitie.1 to monage, ftmd. COll4truct llnd operate
facil:ilics, services, and propms. To tho extent allowed by Jaw, any entity created by the
District will remain lJDder tho coabol of the applicable Dfstrict"s Board.
mil.I .....
Reception#: D7019136, 19 OF 55
H. District's QmatiDg Ow
Tho estimamd cost of acquiring land, c:ngmccri.og aemc:cs, legal acrvicca aod
administrative services, together with the estimatz:d coats of1hc: District's o~on and initial
opcnmous. lU'C anticipated to bent least $100,000, which wiJl bi, cllgibto for n,imbur3cmcnt from
Debt proceeds.
In addition to the capital costs of the Public Improvements, the District will
nquiro operating funds for administntion and to plan and cause the Public Improvements IO be
C011Strw:rt.ed and maintained, Tbe fim year•, operadng budget is estimated to be St0O,000 which
is anticipated to be derived from property taxes and other rcvmia.
The Maximwn Debt Mill Levy for the repayment of Debt shall not apply to any
District'a ability to impose ond increase its mill levy as~ fur pn,vi9lon af operation and
mcinlcDIUlCC services.
VIL i)."ffiUAL REPORT
A. Qeneral
The Dblrict ahnll 'be n:apooaibli: for submitting an annual n:port to the City
Manager's Office no lacer than August l st of each year following the year In which the Order and
~crec Ct""..3ting the District be been recorded.
B, Reporting of Siiw,1:ficant Eyents
The annual report shall include infonnation as to any of lite: following:
I. Boundary clumgea made or pmpoaed to the Dl5aict's boundariCll u of
Dec:cmbc:r 31 of tbe prior year.
2. Jmmgovammental Agieemcors with olbet QOVetnmcn!al cotitlcs, either
entered int.o or propmed, 11S ofDecc:mbc:r 31 of the prior year.
3.
the prior 'Jra'..
Copies of the Diatrict•a rulca and rcgulld.iom, if any. as ofDecCUllbcr 31 of
4. A swnm.nry of any litigation which involve! the District's Public
Improvements as of December 31 of tho prior year.
5. Status of the Dbtrict'll comtruction or the Public Improvements u of
December 31 of the prior year.
6. A list of all facilities and improvements conslnleted by the Dilltrict that
have been dedicated to and accepted by the City as of December 3 l of the prior year.
7. The a.ssesscd valuation oftbc Dlmict. far tho current year.
Reception#: D7019136, 20 OF 55
8. Cun=t year budget.
9. Audit of the District•s nnmcfal sbrtcmcmb, for the year ending
Dccambc:r 31 of lhe pccviou, ycc, prcparod in accordance with gcmerelly accepted accounting
prl11Ciples or audit w:mption. if appUcablc.
10. Notice of any uru:wed evtnll of default by the District, which com.lnues
beyond a ninety (90) day period, under any Debt instrument,
11. Any inability or tho District m pay its obligations u they come due, in
accordance with the terms of such obligatiOIIS, whlch continue beyond a ninety (90) day period.
VOL WNSQIJDATIQN/DISSOLUTION
The consolidation at the District wilh any other special dlstrlct shall bo subject to the
appoval of tho City. The District will take all ncdon ncccs511l")' ta die.wive pursuant to Section
32•l-70J, tt . .rag., C.R.S., as amended fhml time to time, at such time as it does not need to
remain in ex.istcnco to cmcbarge ita financial obligadons or perform its services. ln no ewot
ihall dissolulion occur until the District has provided for lhe payment or discllarge of all of its
outstanding indebtedness wid other lioeucial obligatlOJlll u required pursuant to seam mtutcs.
IX. DISCLOSURE TO PllRQ!ASIU
tbc District wUl use its belt effodB to umrc that all dcvelopeni of tho propctty located
within 1hc District provido writtm notice to oil pun:hasers of property in the Dulllict n:garding
1he Maximum Debt MW Levy, as well as a peral description of lhe Disllict's autbarlty 10
impose and collect rates, Feea. tolls and abuses,
X. INTERGOVERNMENTAL AGREEMENT
·llle wnn of the illtergovemmc:ntal agreement relating to the limib!tions imposed on the
Di3aict's awvitics ls attached hereto as Exhibit G. The District sholl approve the
iattrgovcmmcntal aigr=mcat in tho fonn attocbcd u Exhibit G at its fits Board meeting a&r
its orgnmzational election. The City Council shall approve the iotcrgovemmcntal agreement in
the fonn ~cd as Elhiblt G at the public hearing awraviug the Service Plan.
XL goNCLUSION
It 19 Nbmltled that this Service Plan for the District, as required by Section 32-1-203(2),
C.R.S., mul Section 32-1-204.5, C.ll.S, establishes that:
1. There is sufficient exisdng Ql1d projected need for organized service in w
area to bo serviced by the District;
2. The existing s~cc in the area to be served by lhc District is ioadequate
!or present a.ad projected needs;
Reception H: D7019136, 21 OF 5S
3. Th~ District Is capable of providing =:onomlcal and sufficlcn.t aervir:c to
the area within Its proposed b~; 1111d
4. Tho orca to be included la. tho Distr.!ct doe$ have, and will haw, the
fillllllcial ability to disclwBo the proposed indcbtcdnc:ss on a reasonable basis.
Thcn:.forc, It is bcroby respectfully requested that the City Council of the City of
Englewood, Colorado, which bu jumdictloo to approve thiJ Service Plan by virtue of Section
32•1-204.S, C.R.S., ~. as amended, adopt a resolution approving thia "Service Plan for Iron
Wow Vll)Bgc Metropolitan Dlslrlcl'' e submitted.
Reception N: D7019136 1 22 OF 55
E."'<llllllT A
Legal Description
IRON WORKS METROP OLITAN DIS1RICT
LOT2, BLOCK 1, GENERAL IRON WORKS SUBDIVISION FILING NO. 2 , LOCATED
IN THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER OF SECTION
34 1 TOWNSHIP 4 SOUTH, RANGE 68 WEST OF THE SIXTH PRINCIPAL MERIDIAN,
ACCORDING TO THE PLAT THEREOF RECORDED MARCH 28, 2018 AT
RECEPTION NO. 06030247, COUNTY OF ARAPAHOE, STATE OF COLORADO
APPROXIMATELY 8.47 ACRES
'111ll
Racaption I: 07019136, 23 OF 55
EXHIBlTB
Englewood Vicinity Map
Reception#: D7019136, 24 OF 55
II)
t:)
i
C
JII e
l!l
YJCINirY JUP
(Nor ro $'CALE' J
!II
0
i ~
~
2 ID ~
!;I ~ > z 8 i ~ ::c r.i >
~ C/1
:"1 ~
• BATES A'v'E
Reception H: 07019136, 25 OF 55
EXHIDITC
Dlslrict Boundary Map
Reception#: D7019136, 26 OF 55
2 SI
Reception I: D7019136, 27 OF 55
EXHIDITD
Summaty of Public: Improvements Eligible to Owned 11J1d Maintained by the District
The District may own, operate aad audntam, including contracting for the operation and
maintc11JU1c& thefflC>f, those publla pmpose tmprovcmonts not conveyed to tho City of
Englewood, Including. bUt aot limi~ to, the: ioUowing public pwposc improvoment, benefiting
the Iron Wodcs Village Project:
J. Enuy signage and monumentation
2. Common area landscaping, tnigatl.ott, lighting, bicycle parking, mni.lbox kiosb
3. Rctuining walls, sowid barrier walb, fcncins
4. Street.II, alleys. sidcwelks and public parking
5. Stonn water det.cntion
6. E.nvironmc:ntaJ remediation and containment
ntUI
Reception I: D7019136, 28 OF SS
EXB.IBITE
Prcllmlnary Engineeting SIJl\le)' and Cost Estimates
mm
Reception I: D7019136, 29 OF 55
IRON WORKS VIUAGE METRO DISTRICT
ADDITIONAL PUBLIC IMPROVEMENT COST ESTIMATE
In addition to the Engineer's Estimate cf Probable Cast ($2,406,978)•. the following are
estimates ofaddltlonaf eligible public Improvement hard costs:
L Publlc Improvement Electrlc Unes 2,600 In.rt: x $100 " $260,000
2. Sound Fencing 1,200 In.ft. ,c $105.83 • $127,000
3. Landscaping $439,952
4. Entrance Slgnage/Monumentatron $26,000
$852,952•
.. $2,406~78 + $852,952 "'$3,259,930
Reception ff: 07019136, 30 OF 55
Preliminary Engineer-a Estimate of Probable Cost
FOR
SANO CREEK PUD AMENDMENT JRON WORKS
VILLAGE
8/11/2018
GRAQfNQ ANP EARTHWORK
TOTAL:$
STREETIS AND PARKfNG LOTS • DISTRICT IMPROVEMENTS
TOTAL: 5
WATER SVSJEM. PUBLIC IMPRQYEMENTS
TOTAL: $
§ANITA.RV BEWEB SYSTEM • PUBLIC IMPROVEMENTS
TOTAL: $
STORM SEWER SVffiM -DISTRICT IMPROVEMENJS
TOTAL: S
375,825.01
1,137,398.50
271,8119.00
224,154.0D
TOT AL IMPROVEMENTS: $ 2,406,978,50
Nole: Thft Englneeu'• Opinion of Probable ConalrllCtlon Coet does not Include 1h11 tollowlng llama:
land&c:apl/lmg■lion lmptovementa, dry utility lnutd■llon, contaminated 10II deanup, pannlt reee, 1wvey
staking ti,ei,, construction menegemeril fees, end anyolher Item, not 11pec:lllc:allyfl1Cfuded In the estimate.
Rel'er lo lhe roffcwfng sheets for a d&Called l!!l of liems lnd11dad within 1h11 etllma!a.
Reception I: D7019136, 31 OF 55
Duotpllon
1. Or.tlnc:r & Earthwork
Eattl1wclt( • Cul u, FIi
Ealtt!IYark ... lmnnn:
timaB;.
Prellmlna,y EngfaHl'tl Esllmata af Prob:ablt Colt
ror
SAND CREEi< PUO AMENDMENT -IRON WORKS VILLAGE
8lt1/2011S
I Untt I Quantity r Unit Coat
CV :,u:,u S2.SO
CY 16500 $22.00
Total Gradlna & Eantiwort
Amount
$ 121125.00
$ 363000.00
Ii' 3~
1, This Eriglnear'a Opinion al Probable ConslrUcllol'I Coll la blllfld OIi PreHmlnary Englnaelfno Plana fot Sand
Cleek PUD Amendment• Iron WOlks Village pn,parod by Manlwd Conlllftft19, daled June 13. 201 D. At the lime
this edmai. wa prepara:1, Final ~on Phll1S had not y11t been prapllt'Od and lhenmn Iha ltamt lnclud&d
In lhls eetlmm an11 subfect la change.
2. Thb Engnlel'11 Opinion or Pn)babla C11J1nuCIICII COit doa not frlC:lude Iha lollowfna bms: landlc:epe/lrr'Glflon
lmpnmlmentl, diy ulllty Jnstalmlon, conlamlnalad in>II cleanup, pe!'ffllt r.aa. swvey ataldng reaa, c:on1111uc:tlcn
man!!Qentent (~ and any otlter Items net spedblly lncll/dlld In tti, edmlde.
3. This Englnaer'a Opinion of Prollabla Conaln.lcum CDll II made on the baala llf Erigfneor's ellpltrtance and
q1111lt'fcalfan1 using 1Hllmaled qu1111Uhl and represent, Englr1•1111'1 bettludQrnent u 1111 nplW!encad and qualifftd
pn,f1tllonal engineer gomrally famlllar wllh lhe CllMtlUCtlCJn lndu111y. However, 1hce Engineer h• no CQlllnlt aro,
lhe cost of labor, materlala, equipment or Hrvk:ol rumllhed by athatl, or over Iha Conndor'a methods of
dw1ermlnl119 price■, or ewer CDITlpetlfv. brddlng or markal conclldans. er owir qUl!lltl!IeS ar \VOik actually purfo1111ad,
lho Eng~aer caMot and does nol guaran"'8 that prapasala, bkf1 or actual Conatrudlon Cost wllf not vary fmm the
Opfnlcna of Ptob■tie COfltln.lctlon COst prepared by the 1:ngltn,er. This Oplnlan of Probable Cona1rUClon Cost
Is llmlllcf lo thoH Items ~lai.d herwln.
Reception#: 07019136, 32 OF 55
Pnllmln ■iy EntlrlM,., e.tJm1la of Probable Coal
far
SAND CREEK PUD AMENDMENT• IRON WORKS Vll.1.AOE
8111Q018
po.gtpt&on Unll iQuantltyf UnltColll
street~ rauurn• 8" lull d11nth .-.11, '#1'( 350G s 32.DO ,a-. Pavement r11e1umea a· run "'-lh ......... 8Y 49:JZ !II 49.30
&-Inch COnctela Curb and Oc.lllar lF ZT/6 s 31.26
~ Concnla SldenDl-18-lnt:h' lF t13tl s 2A.OO
l>lool cancrata Sld1Wa111 t11..1110111 F 3411T s 30.00
~ r ..... c:nit,i Sldewnllc ll-lncl'I\ lF 20:U s 18.00
AllA.Rit.-FA. • s 2 485.DO
Crosanan1 EA 2 5 4370.DO
Shat• IAhll STI)RM 38 s 3600.00
I\IIIV ~ 0-AOl'anll EA t1 s 7 7"!0.00
s
I s
I
s
$
s
s
s
~
3-foalConcretoVallwPan LF 2029 s 2.1175 $
. ,-Wd BF 8000 s 20.00 I;
8' Hinh eound Wlllll .. t2(l() s 105.0Q $
Tolal SlrHIS and Parldaca Lota i
Amount
115.S'7 • .CD
2L"l 147.80
Mf18.7ti
27 ...... DO
11n,·10.oo
38.4:J~OD
?? ◄55.IJO
11740.00
1211 aoo.oo
2-4750.00
68:lll3.75
,eooooJif
128000.00
,.nt,311,m
t:!m!!i
1. Thi• En~II'• Opinion of Ptcbabl1 Construction Colt II b118d an P111llmhuy Efl;lnee,tng Pt.lM fr)f Sand
Cmk PUO Amllndmenl • Iran Worb VillDgo prcpensd by Marlhlld Cllt\lul&IQ, dllied Jooa 13, 1011, M lho t&no
1h11 oalin11!11 wa prapanid, Final Comln.lcllon Pl111a had not wat baen prepan,d and lhlnb'a ltle illunl Included
In ll\11 nl!mel• Bl'II t'Jbject to chat1119.
2. ms Ennfneet'• Cpillan of Probable conatrudlal Colt daH nat lndud1 d11 faKowlt,g ltma: landscaplllntgatlon
trnprovall'lanlll, d,y ulility lnstalh1llcn, conlllmlnarad ~ manup, pennJt '911, 8lffYI'/ ,taking fou, o:instruQ!on
men11111menl foc3, 11nd ~ alher l1ema not 11Poeilic:lllly lnoludi:d In lhe mll'mate.
3. Tlft EngiJlellr't Oplnlarl of Plababl11 Conltnn:tlan Colt I■ made DI\ the bolls of EffglnNr'• lllporianCe ~d
quaUffcadOnl Llllng ostlmalad qua,Ullal ■nd ,ep~ En~•"· but Judgment 11,S an ozperteftced Ind qualfllld
ptafelllonal englneor generally famRlar wilf1 lhe consbu"'°11 lndllltl)'. HO'MIYII', clnce Engtne1r hN no mill'III CMr
u,e COl1 al labor, matariab, equipment or lllrvlcea fumllned by olhDrt, er rM!l !hit CCnlnlc.b'• method• of
detorrml,,g pricu, crOIIW cunpotlU._ bidlfng or maibl condlllonl, ar OVDr quanff11 of woc1' lldullly perfonnlld.
the Engineer cannot 111d doce riat awiranle:e 111at p,apoeelt, bldl or lldU8J construdlon Cast wll not Y11Ytlt)ffl die
Oplnlcna of Prc,bel:lct CondNcllotl Colt praparad by 1M E.'lglneer. lhls OpWon of Probable Canrliuc:llon Cost
r. llmlladto thole llatn:I sbdc:d hltlln,
Reception I: 07019136, 33 OF 55
PronmlnlllJ Enal,..r'a Eacimat. of Probable Coat
for
SAND CREEK PUD AMENDMENT• IRON WORKS VILLAGE
8/1112018
DucripUon Unit tOuantJtyf UnllCoat
6-lndlPVC lF 2722 $ 47W
8-fflc:h """" Valve EA ;ru s 1880.00
8-lnch • Hoflzoolll Bends Wlntllralnl EA 12 I 5155.00
&-Inch bY 6-lnch Teewlrmllalnl EA 11 s 600.00
&Inch DV 8-il"Ch Tee wnslralnr EA 9 s 820.JJU
a.kid, DY 8-irdl Cn:,a EA 1 750.00
~ Plua w/B.O. EA 4 2.950.00 S
Fire Hvdrant AasernblV EA 11 7275.uu s
Total Watlr BYnlffl $
~
AIIIOSJnl
127.934.00
37.S00.00
6.78D..00
e.eoa.oo
7.3110.00
760.00
11.800.GO
1111. T-">,00
2711.111111,uu
1. Thls &glllNt'I Opinion or Prubable Consltucllon C0$l la ba1ed on Prallmrnary EJloklealng Plana far Send
Cnlek PUD Amcndmanl -Iron Worb Village pntpared ~ Manhaftl Cor1111111fng, dated June 13, 2018. N. lflo llma
lhfS estimate war p19pared, Flnll Conm.idlon Prma had not yet bfi1t11 pn,pared .,d thenilll111 11111 Haffl!I lfdldOd
In lids ednmte 819 1ubjec:t ID change.
2. Thill l:nglnear'I Oplnlcn of PnlbeblD Conl!ruc1lon Cott daa not Include tho ronc,,,,1ng Items: lancl1cape,'lntgllll0n
Jmpri:,vam ■nts. dry Ullltv 1n111111011an, contamlnatacl loll deenup, permfl fees, &UIVr/ &laking ruo.. mnstnn:llon
managamllllt fen, and any olhtr H~ net speclt\:ally lnciUlfOd In the eallmal&
3. Thia Englnettis Opinion cf Prabable Consttuctlan Cost 11 made en the basll of Enginoor'I experience lllld
quafflcallons alllrlg tH11malad quanttdn 111111 rep,e11onl.s En;lnall'II beat Jwspnent III an &J1perl11nced and qualll1ed
p,ofallonal englnearg1neralyfamffl111 wllh 1h11 c:onalruc1lol1 lnd111tiy, Hawever, since Engineer hie no contrd r:Net
the~ or tebar, mataflll, equipment or 11rvlcea tumillhod by olhara, or over the Comrac!Dr'a method a or
detarrnlnlng ~. er over compelltlvo bllfdlne or martcet concnon.. or aver q11111tllos of WOik adua!ll, performed,
the Engineer camot and doe• no1 gi,:anintH ll'lat prcpoNlll, blda Cit aclrJal Ccnalnlctlon CostWIII not vary tom the
Opl,lona of Pmbabltt CONIJUclion Cost prepared byU,e Englnee(, Thia Oplnlor, or Probable Conatruction Coal
Is llmltad to Chose Hema stalld hllnlln.
Reception#: D7019136, 34 OF 55
DNCripU011
4.9 .. _. atarn
11-lnchPVC
4-foal 1.0. Manhole
Nm;
Prollnllnary E!nalfleon l!alhmtA of Probable c:cm
tor
SANO CREEK PUD AMENDMENT-IRON WORKS VILLAGE
8111/2018
) Unit l0uantiM UnllColt
282a !53.00 S
EA 23 $ 3690.00 S
ITalil i ■nltaly Sawtr
139284.00
114 870.DO
224,154,00 J
1. This erv,,111r'1 Opktlon of Probable ConlltnlcUan coat 1, ballOd on Prellmlnary Er,g1neoring PIIIAI ro, Sancl
CINk P\JD Amendm9nt-1,on Wartca VIiiage prepared by t.4anhlrd ConaulUng. dalod June 13, 20115, At 111111111&
lhla uti,nala was pnipantd, Anal Construc:tlon Plana had nol yet beton pl'lparad and therefont Iha il8ml lndud•d
In thl, oatlmlll• ara 111bject 1G change.
:z. Thia Engineer'■ Opinion or Problbla Con.sllUctlon Colt dotl not lnc:lude Iha follawlng llarnl: lllndsaipellrrlgallon
lmProwmanll, dry UVICy ln,lallaffon, contamlnalod son cl1anup, permit fMI, a.....-.y lltllidng fees, c:onllnldlon
managemenl fees, and eny olh« Items not apec:fflc:ally Included rn tf1a Nflmata.
3. Thia Engfnee(s Opinion of Pmbable Cona1ndan Cast II made en Ille basis or EnglRNl'I npe,,enca and
QUaOlfc:alfcma using ■.Umated qUantltle1 and rapres■nls EnrJlnMI• bar /udamenl u .,. eq■rienced and qudled
prdalllonal englneet gen1111y famlll■r wffh Ille conatnJCl!lon Industry. Hawevot, since Engk'lnrhn no ccnlA!I IM!r
th• am af labor, mllteltala, equipment or NMl:88 fumlshed by olhera, or over Iha Conlnldar'a methods of
defermlnlng ptcea. e1 CIV'lflr campeUIIYe bldd!IIO or mll1rat conditions, or aver quanlltllls of WOife actuallypldarmed,
!he Engineer cainol and does not IJAtlllllN that propo11ts, bids or adWII Can■trudlon Cost 111111 nal vary Ihm 1t1e
Opinion■ ot Probable eonm:cncn Coit p,opan,d by Iha E111lnoer, ihl, Ophlon of Probobla OanllM;tlan Call
11 llmlted ID ttioea Items stalad herdn.
Reception B: 07019136, 35 OF 55
Pflllntl,wy &11gl"11f"a l!atlmaa or Prob■bl1 Coat
for
BAND CREEK PUD AMENDMENT' -IRON WORt<s VIUAGE
8/1112016
DncrfpUan Unit Quantity j Unit Cost
5. 8tonn 8 S le _,.,.,m
StDnn Sewar In SIIHI■ (Aslumo RCP, 24-LF 1404 Ii 88.00 Inch &Mr11aa IID)
s1onn sewer In Landscape Amis (AMum•
1-fOPI;_ 12-lr!Gh 1MK8GII al?e) LF 787 $ 30.00
Flated End sedlon E'.A 3 $ 3710.00
4-foot ID M.anho!e -15 s 3R3."i,00
Twa Rlnlet EA 8 s 411AO,OO
No 18 VaHaV lnr.t EA 3 s 094000
TVIHI C lnlat EA 1 s 5.60!.00
l.Jlndaeee lnlob !,A 13 s 7:,0.00
Pond PumD VIKII EA 1 s 50,000.00
0elenllcn Pond Ouast Slruduro EA 2 s 20000.00
ff o1.il tu~:,.,.,.,
~
$ 131..&72.00
s :!3.810,00
s 11,130.00
Ii 9,025.00
s 38.520.00
s 70.1120,00
s 5.llll!i.OQ
s 9750.00
s !ID ODO.DO
s 40000.00
IS 311D~Z.Oi]
f. This Englnur'a Opinion of Probable Construdlon Co$t • be&ed on Prellmlnary Englneerir,J Plana for Sand
Creak PUO Amendmonl • Iron Wottca VIiiage prepared by M8nha,d Conlllllh;, detad June 13, ,.016. At the fma
thla estimate wa, Pf8Pllfod, flnill ~nsc:tlan Plan• had not Ylll been prep,111d and lherefcn tho ll1m1 lndud6d
Ill 111111 H!lmlta 1118 IIUbjeel la cPlllnl)e.
2. Thia EnglnHr'I Oplnlcn at Prcbable C0111lnN:tlon Coal does not Include lhe follcwlng llema: JandlcapllllriAallon
lmprovemenll. dr/ ulDlty lnalallallon, r.ontamll\ated sol dtlanup, pe,mil r11s. auM1y llaldng reee, conall'\l0llon
m1H1Bgemont raa,, and anv oU1Vr Hem, no( 1peclftcally Included In Iha Hllmato.
3. Thll Enaloelll'I Opinion or Pr0babl1 Conlln.lcllon eoat 19 made on lie bafa or Engtncon c•pllri1nce and
quallncllllon• Ullng er.1imldod quanitlaaond r9praaen1S Englnter'a bestjlldgmenl u an elptlriaoQld and qualllkid
protllllllonal englnaer generaUy famlllar With ht mnllWC(lo11 lnclu,try. Howlrwaf, alnce Engineer ha nc eoritral IMlr
lhe m,I or labor, malerlala, equipment or Mln'laet lumlahtld by olhens, or alflr the Confrllctol'a melhDcla or
delarranlnQ pricla1, a, awr campedlMa bldclng DC' nuket oandIUonl 1 orCMr q\181l1itloa of wo~ allluelly perfannecl,
Iha Er,gh!Nr C111nol and da.a not gusnntae lhat p,oposall, bJda or actual CoMlnldlon Coal wia not vnrr fnim the
OplnlOna or Prob.able Conalrucllon Colt pntpan,d t,y Ute Engineer. Thia Opinion of Pt0babltl Co111Jlnlcllcln Cost
1, rimlhld lo lhose ilema staled herein.
Reception#: D7019136, 36 OF 55
Reception 8: D7019136, 37 OF 55
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Reception I: 07019136, 38 OF 55
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Reception 8: D7019136, 39 OF 55
EXBlBITP
Prclimiru!ry Finnncing Plan
-It-
Reception#: D7019136, 40 OF 55
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Reception H: D7019136, 41 OF SS
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Racaption ff : 07019136, 42 OF 55
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RQCeption t: D7019136, 43 OF 55
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Reception H: D1019136, 44 OF 55
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Recapticn #: D7019136, 45 OF 55
EXIIIBITG
lntergovenuncntal Agreement between lhe District and EnglcW00d
Recaption I: D7019136, 46 OF 55
INTERGOVERNMENTAL AGREEMENT
BETWEEN
THE CITY OF F..NGLEWOOD, COLORADO
AND
IRONWORKS VILLAGEMITROPOLITAN DISTRICT
TlUS AGREEMENT ia mado amt entered into a, of this _ day of
__ _. by and between tho CITY' OF llNGLBWOOD, a home-rufo munlcipal:--coq,o--rali-..on--:.of
tllc Staflci of Colorado (the ''Cily'), and IRON WORKS VILLAGE METROPOLITAN
DISTRICT, a quasi-municipal corporation and poUdcal subdivision of the State of Colotado (the
"District''), The City and the District a,c collectively refc:md to ~ the Parties.
RECITALS
WHERF.AS, the District WlSS orpnlzcd to provide those ,erviccs and to exm;fsc powara
as an, more specifically set forth in the District'• Service, Pim approved by the Clly 011 October
3, 2016 ("Service Plan"): ond
WHEREAS, the Chy and tho DI.strict have detcmnlned f c to be in tbe b05t lnlerests of the.Ir
I'CSj>CCtive taxpaycn, re.udcnts and propctty owners lo enter into this lntergoVemmc:ntal
Apeemcnt ("Agreement").
NOW, THEREFORE, {n canmderation of the covenants and mutual agrcemcnJS herein
contained. and for other good mid valunblc consideration_ the receipt and sufficiency of which
m hereby acknowledged, tho Parties bcnto as,eo as follows:
COVll!NANTS AND AGREEl'rlENT
1. lpcotpqTatjon by Reference. The Servico Plan is heicby inc:orpora1cd In th1s
agreement by this re(ctCDCc. The District agree, to comply with all provisions of the Service
Plan.
2. Enforcement. The parties ap that this a~cnt may be enforced ln law, or in
cqulty for spcclilc perf.ormoncc, injunctive, or other appropriate .n:lic:t: The parties also agree
that this agreement lMY be enfomcd pumwu to Section 32-1-207, c.R.S. &IJld other provisions
of Title 32, ArtJclc 1, C.R.S., ·granting rights to munJclplllldca or counties approving a service
plan of a special district
3, Entin: Agrc,:ment of the Partic:s. This written 1tgrccmc11t constitutes the entire
ogrccmc,nt bctwcc:n the pllrtic:s and supersedes all prior written or oral 11(9'CCfflCDf.9,
negotiations, or representations and unde1standing.9 of the patties with rc:!pcct 10 the subject
matter comained herc:in.
4. eimendmcnL Thb ogn:cmcnt may be umcodcd, modified, c~d, or
tcrmiootcd in whole or In part only by a written agreement duly authorized and cxccut.cd by
tho parties hereto.
Reception#: D7019136, 47 OF 55
S, ~D18 Law: Venue. The intrmal law, of the Stare of Colorado ahall govern
the interpretation and onforcemcnl of this sgn:emcnt, without giviDg elTcct to cho(c;o of lo.w or
conflict of law princlplca. Tho par1ics hereby aubmit to the jwisdiction of and 'Venue in the
district court in Ampahoc County. Colondo, In nny proceeding bmuKfrt to enforce tho
provlsioos of this agrc:cmcnt. tho prov.Ulna party therein shall be CDtltlcd to on award of
reuonab1e llltomeys• fees, actual coutt costs ud otbc1' expenses incurred.
6. ~. Except as othenviae 31zltcd hcrc:in. thb agreement is intended to
desoribc the rights and responsibilities of and bctwc:m. the named parties and is not Jntcndcd to,
and shall .not be deemed to confer any rights upon any pcaons or entities not named as parties.
7. Bff'ect of Jnya)jdity. tr any portion of this agreement l9 held invalid or
uoenf on:cablc fi>r any reason by a. court of competent jurisdiction 11s to either pllrty or a:s to
both parties. such pardon ehall be deemed s.cvcrablo and its invalidity or its uneufon.:eobillty
shall not C8UIIC the entire agreement lo be terminated.
8. Am gnabillly, Neither the City nor tho District shall assign \heir dghta or delegate
their du1ic:s lueundcr wltbaut the prior writt= consent of the other party.
9. Notices. All notice!, c:crtificates or other communications berc:undcr shall be
sufficiently given and shall be deemed given when gtveii by band dollvcry, ovemigbt delivery,
tnllilcd by certified or n,giste(cd mall, postage prepaid, delivered e[cctronically (if confirmed
promptly telephorucally) or tiispBtched by telegram or u:lccopy (if corwnued promptly
tclcphomcally), IM!dres.,ed to the following adcms, or at such other oddrcs9 or addresse:, o:s any
party hereto shall designate in y,Tfting co the other party hereto:
City of Englewood
Attn: City Attorney
Englewood Civic Center
1000 Englewood Parkuy
Englcwo00p CO 801 l 0
Iron Woru VWage MetropoUfan District
do White Bear Anble Tanaka & WDldron
Attn: ScmAllc:n. Esq.
2154 E. C001JJ1Dns Ave,, Suito 2000
Centennial, CO 80122
10. Succe!9Qrt and Asslgps. This agrecau:nt and tho right!! mid obligations created
hereby shall be binding upon IUld inuie to tho benefit of the panics hereto and their respective:
auc~r.r and assigns.
Reception#: D7019136, 48 OF S5
IN WITNESS WHEREOF. tho Olitrict and the City have caused 1hb Agreement to bo
duly cxcoutcd co bo effective u of'thc day fiat above written.
Secretary
APPROVED AS TO FORM:
IRON WORKS VILLAGE METROPOLITAN
DISTRICT, a qua.m-munlcipm corporation and
political subdivision oftbc Slato of Colorado
By. _____________ _
Prcs!cwrt
WHITB BBAR ANKm..E TANAKA & WALDRON
Attorney! At law
General Counsel to the Dt,trict
CITY OJ' ENGLEWOOD
By: ____________ _
Atlcst:
By. _________ _
Jt.s : ---------
.AP.PROVED AS TO FORM: ________ _
Reception ff: 07019136, 49 OF 55
EXHIBITC
TO ORDER AND DECREE
(City of'Engle,tood Rcaolutfon Appro•ina Semce Plan)
t·o be provided by
WHffE BEAR ANKELE TANAKA & WAIDRON
ATTORNEYS AT LAW
21S4 P ... CommoM Av~ue, Suite 2000
Centennial, Colorado &0122
Racaption f : 07019136, 50 OF 55
C!Rlll'ICA
Reception#: D7019136 1 51 OF 55
RBSOLUI'JONNO.~
SBRlHS O.P 2016
ABBSOLU110N CONDmoNALLY APPROVlNO 1llB smtVICBl'LANFOR.IRON
WORKS VILLAGE MBTR.OPOLYrANDJSTRJCl'.
WHBRBAS, Section 32°1°204.5, c.a.s .• pmvJ.del thatua 'Pmbd dumct aha11 bcorzmimd
within a mnaic:ipelity cmcp& tlpOll adopdmr. o£ a n:solntiD11 ,ippmvmg or conditionally appmma
1ho semm pl.In of the praporcd apcc:ial dbtJ:ict; and
WHEREAS, pumwis to tho promiona af Pmt l af Anicla 1 ofTitlo 32, Co!ondo R.macd
Statuta, tbc Eqlcwood City Camell Mid a pub.He JzmiDg on October 3, 2016 ar7:30 P .M.
Jqanlms Ibo appnml of the SenicoJ>JIID far Inm Wom Village Mctropolibm Diatricl; aiul
WHEREAS. tho~ City COWll:il 1w coul.&::n:d the Si::rvico Plan !urtba proposed
Disbida md all othcrtcJtlmany wl evid=ce pn:1cmm 11 tha public~ and
WBERl!AS, tho Bn&)cwaod City O>um1 ha.t aicounigr:d fho ~ of Chaaa11nm
Worbeitc;and
WHERl!AS,. MIDP(IDC'flt ,:,(the cfGVdapm=f is fmmlcing and comtnlatiqcapita]
improYalll:ldll an thopn,pcst]'j and
WBPBBAS, tho Mmopolibm. District is Cmmod to provide plmuiinr, dcdp. finanoin&
~ CCJmlnlC:Uaa., imtallalfml. rdocalion end tho rcdavalopmmt ofpublio imprgwmmt,;
IUld
WlIEIU!AS, lhac imptovcmcm will befimnced by dd.1t iaaw:d by the Oiamat; ad
WBERRAS, thill debt .I& not a debt of the City ofl!uglowood 1111d ia tcplii;I JQJal,y from
n:vrm.u:a mwabJc ID tho Diltdct. inelndfn1 ad VllorGm propr:ny tDxm; and
WHERBAS, tho pmpoaccl Metropolitan.District Ii an indcpemleot unit of local gov1:1uuu:m.
11,::pamm mid distinc:t D"Dm tho City nf &llc:wood; mid
\VHHPBAS, the Baglawood Cily C.ouocil miut approve, c:ondiwma1ly approve or dalJ, tho
JraQ Worb ViI1ago Scnicc,Plan.
NOW, TBEREFORB, BB rr :RESOLVED BYTBB CITY OOUNCIL OP THE CITY OP
ENGLBWOOD, COLORADO, THAT:
Section 1. Tho above and forcguiug ra:itala am uu:cnpomtal 1u:rciD by r:cli:tm:o and, ill
addman to tho matcia11 faaually IUbmittcd in ccnaoc:tioa with die publio h.elm:iJl8 awl tatimouy
pn:ac:nt.ed al aucb public bc:81:inr. aro adopi.ed u 6adlup 111d dctcc:nltwilJD.'I of Ibo City Council.
Sg;i9112• 'Ibo City Colld Jinda IIDl1 ddcrn:tiom chat all of the rcquin:mam, ofC.l.S. 32.1.
202(2), relafingto ?he Sa'Vlco Planforlnm Wom Villa~Mmnpalitm Dbtrict. at1acbcd u
Exhibit A. hava bcea. f\Jl:fiJlcd md 1'ouad to be acecplahlc.
Tha ~ plaiillhall comain th,: followiua:
1
Reception H: D7019136, 52 OF 55
(a) A ~pdaa ofdiapapamhervi=I;
(b) t,,. flnmmal pim ahawlng how the pn,po3ed Ml'Vlces arc to 'be 81WJCed. lao.ludmg
lhepmpmcdopmdiqnvamodcdvoafrom~tucs Cartlusfint budpt
)"Cir, oltho dimlct,, wlub ahaJl not bo rnattd1Jly r:rc:c::ded ~ u mJthomtd
punuaat to leCtfcD 32-1-'JJYI ar 29-1 -lOl, CJU, All propoacd iadobmmca tor
tha mmk:t wJ1 ha dllplayaitaplhat with a adM,dule indiraiDg tlu, l'l'lf Wytmll
IA wbich tha debtu a:hedalcd 10 be JaaocL '111D boadof dfra:tar, of tho dlJfdct
aball notiJ:y tho board of cmmty cormnlufr:mc:m or tba aovrmbls body of Ibo
UlllmCipality of any ll&maticm or rmlicm af tha propolCd 1chc:dnlc of debt issumcc
111:t fiX1h in the, flnaaeial plan. ·
(c) A prmfmimlry onsiurnina ,;ir m:hf1ectmal irunrey ahowjng bow tbe~cd
acmcc:a aro to bo pmvldcd.
(d) A map of tho propoacd ,pcc:la1 clbtric:t liaundaru:s and ID 11:ltimatc a£ dla papu]ation
and valmtlon mr 1131ctac:Qt of'thc proposed lpCCia1 dutrid;
(e) A pmal ~tcriptioa of the faaillties ta be canmuctcd and stmd.ards of mch
comtmctlon, mcludiag. ltaflllZlCDl of bow the f.acility 1111d scmco JtlDdama aftho
propo1cd special dilllrict ~ compm'blo with f3Ciliiy 8tld 11frricc tamdarda of q
eoualy,ritbm-wbicb all or 11111 padima oftb proposed spcclal dlmict iato be
located. md af rnanlclpalfiiDI and specfal dllbic:11 which me int=ost.ed partlee
~ to Kdion 32-1-204 (1};
(f) A guicra1 descq,Ciou.oftba C5tima1t.d c:oo of acquh:mglmr!, mgiDfflina acrvica,
!cpl ac:rvicu, admimsll'll!ive 1cmc:e.,, initW PnJpOllOd induteduea md ntimetal
pmpoml mufmmn luten:lf nta ad diu:mnt,. and otha: mllior c:xpcll8CI n:lmd
1o tho orpuizatimandmitfal opcndml of'tho dfstrict; ·
{I) Adeacriptfaa oraay ~ orJSDPCSCd agrccmm: wilb aey poli!:ical
IUbdMmm far tba pmonmm= of any llm'Vices bctwec:n the proposed ,pec:ia1
dlatrl.ct aad tacli otlu:rpolitical IUbdivi.sl.alJ, mid. it t1u: fmn coamct to bo used fs
available_ it shall be attadu:d to the llel'Vico plan;
(b) Inrmmation, aloni with otht:r evidmcc preacntal at tho hearing. .aliafacUJly to
mlabliah that ea.ch of tile crit.c:ria &ct forth iluection 32-1·1.03• if appllcablo, II JIJCCi
(i) Such additioaal v.ifmmatim1 u tba Board of CoantyCommimom:ra mayrequis1s by
n:salwiml 011 wbich to buo ifs iindmgpur,nam to ,a:tioa 32-1-.203;
0) Pora mcma1 beaitb care sa:vioe district, my eddltfODR] infnnmatiO'lrcqul:ul by
scctfoa32-17•107 (l) tmtia not otharwisorcqu:iJcd bypuqrapha (a) to (i) oftbil
IIUhsecti0n CZ).
Sectlmt 3. 'Ibo City CouDcll further midi mi" dc!ermbw as follow3:
{a) Tm::n,i, IUfficimt madngud pmjc:ctedu= fiJr orpm:111hc:rvicoin tha IJ'C8 to
boacrw:cd by the prnpmed i;pccial dimict.
Recaption #: D7019136, 53 OF 55
tb) nu, c::dstias tcmcom tba cm 110 bo ,cnod by1he prQp0lod spcdaldlmfct.la
~ h'PRNJtmd projcdcd=cdl.
(c) Tho proposccl apoc:iaJ dlsbict is capabl• of providing ccoDOIDical ml IOft'lcim
1crvico kl tho ma within lta prqaed 'balmdadee,
(d) The ma to be mdutcd in the pn,poacdapccial di,trlctJw. or ,rill haw_ tho
6n•ocl•J llbiJityto cliecbuac tboJlfOPOlcd iadeb~ cm al'C8111D1hlc bull.
Sedjog ;4. Tho SaniccPlmia b:n:by caadlliOllllly appruved and tboD!nidll ahall be
~pamitted to proceed to 111 Ptpnizetiaaal ..rectiauead to record th.a onkD oqpmiziua
1hc Distdt:ts, bat aball bo prohibited 6om cllfarina into 11DY qnx:mmt. iasumg 1111y boodl,
c:at.ermginlo aay otbo' fhvmm•I obiiptfON or conalnJgtfqg my fedtitica ~ such
awhodtalhm, it aball bo an mpn:s• amditian to du Baohrtkm llw prior to tl:opoia1 aa which
tho Diltdd may c:mm-lmo au,y qn,emcnt, wue111,yboadl, aster Imo 111Yodttr finmM:ial
obHption or c:onstruct any fmlilics; llM: follawiBg c:ocditiam 11111st be md:
1. 'Iho DiJtdctl and tho City ehall havo edaRd irl1o anim.cqaYmnmenJal agrcancnt
acoepcable ID all parties.
2. A mm= irtudy ilL\iPC,U1hla tha iinmdal plan baa bCCll ~ tD tho City
Mmiagar.
J. In tho o-;=t th:: rl:o ~ r:md ~ Dbtrld.e haw not aa<Wled the requfnlmaDU and
prior to Octtibc:c .3, 2017, thm this ScrvkePlan end u;y caadftional apprvyal
gnwcd by !ho C!tyC'.mmcil aba1l be 11QJI lad votd. ad afno Amb.cr mo or cffi:ict.
Spet:!on s. A ccrtfftedcopyofdlfa.RCIIOfudanahaltbo filed ia thcrecorda a!tboCity and
submittal to the pctitimu:ra forthopurposo of filing with tho Dlltrfct Court of Anpahoc CClUaty
tn obtafn en order mtharizing u otpD!zAtioual election.
Sectigp. (i. Ir uy tcctioo._parazraph. clause or pnmakm oftbla .Resolution lhall fur any nunn
bohdd to boinvalid atuomfmccablo, du, invalidity arllDlll1fbrc:ceh of1111y auduix:tion,
paragnapb, cbmle ar prD\lflloll ab.all not al!l:ct my of tha rcavrining pruvil:lona of this &solution
Se.ctjop7. 'Ibil Rrmlution. abaU boin full Carco w1 cff=tupcmitl pamgi:, 111d approval.
ADOPTED .AND .APPROVED thil 3rd day of~7• 2016 .
., .,, .•·
3
Reception H: D7019136, 54 OF 55
I. I.ow:iilbia.A. E1lll. CltyCh::ddm r,afJ?.ag:lcwood. Cohddo, hl:rcby certify tha
abowia armocopy ofllcloludollNo. 'P.!>. Sodmof1016.
Reception t: D7019136, S5 OF 55
SERVICE PLAN
FOR
G.jl//S/( It
moN W.ORXS VJILAC.E METROPOLJT.AN DISTRICT
CITY OJI' ENGLEWOOD, COLORAl)O
Pl1!pm'Cd
By
WHITe BBAR .ANICl!LB TANAKA it WALDRON
2154 E. Ccaomaiu Aw,. Sukt 2000
C.cnt=aial, Ollondo
Auga,t 12, 2116
ATTACHMENT B
Intergovernmental Agreement
INTERGOVERNMENTAL AGREEMENT
BETWEEN
THE CITY OF ENGLEWOOD, COLORADO
AND
moN WOIU(S VILLAGE METRO POLIT AN DISTRICT
THIS AGREE:MENT is made and entered and effective as of March 16, 2017, by and
between the CITY OF ENGLEWOOD, a home-rule municipal corporation of the State of
Colorado (the "City"), and IRON WORKS VILLAGE METROPOLITAN DISTRICT, a quasi-
municipal corporation and political subdivision of the State of Colorado (the "Distrid'). The
City and the District are collectively referred to as the Parties.
RECITALS
WHEREAS, the District was organized to provide those services and to exercise powers as are
more specifically set forth in the District's Service Plan, dated August 12, 2016, and approved
by the City on October 3, 2016 ("Service Plan"); and
WHEREAS, the City and the District have determined it to be in the best interests of their
respective taxpayers, residents and property owners to enter into this Intergovernmental
Agreement ("Agreement'').
NOW, THEREFORE, in consideration of the covenants and mutual agreements herein
contained, and for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the Parties hereto agree as follows;
COVENANTS AND AGREEMENT
1. Incomoration by Reference. The Service Plan is hereby incorporated in this
agreement by this reference. The District agrees to comply with all provisions of the Service
Plan.
2. Enforcement. The parties agree that this agreement may be enforced in law, or in
equity for specific performance, injunctive, or other appropriate relief. The parties also agree
that this agreement may be enforced pursuant to Section 32-1-207, C.RS. and other provisions
of Title 32, Article 1, C.R.s.; granting rights to municipalities or counties approving a service
plan of a special district.
3. Entire Agreement of the Parties. This written agreement constitutes the entire
agreement between the parties and supersedes all prior written or oral agreements,
negotiations, or representations and understahdings of the parties with respect to the subject
matter contained herein.
Page 1 of 3
4. Amendment. This agreement may be amended, modified, changed, or
terminated in whole or in part only by a written agreement duly authorized and executed by
the parties hereto.
5. Governing Law; Venue. The internal laws of the State of Colorado shall govern
the interpretation and enforcement of this agreement, without giving effect to choice of law or
conflict of law principles. The parties hereby submit to the jurisdiction of and venue in the
district court in Arapahoe County, Colorado. In any proceeding brought to enforce the
provisions of this agreement, the prevailing party therein shall be entitled to an award of
reasonable attorneys' fees, actual court costs and other expenses incurred.
6. Beneficiaries. Except as otherwise stated herein, this agreement is intended to
describe the rights and responsibilities of and between the named parties and is not intended to,
and shall not be deemed to confer any rights upon any persons or entities not named as parties.
7. Effect of Invalidity. If any portion of this agreement is held invalid or
unenforceable for any reason by a court of competent jurisdiction as to either party or as to
both parties, such portion shall be deemed severable and its invalidity or its unenforceability
· shall not cause the entire agreement to be terminated.
8. Assignability. Neither the City nor the District shall assign their rights or delegate
their duties hereunder without the prior written consent of the other party.
9. Notices. All notices, certificates or other communications hereunder shall be
sufficiently given and shall be deemed given when given by hand delivery, overnight delivery,
mailed by certified or registered mail, postage prepaid, delivered electronically (if confirmed
promptly telephonically) or dispatched by telegram or telecopy (if con.finned promptly
telephonically), addressed to the following address or at such other address or addresses as any
party hereto shall designate in writing to the other party hereto:
City of Englewood ·
Attn: City Attorney
Englewood Civic Center
1000 Englewood Parkway
Englewood, CO 80110
Iron Works Village Metropolitan District
c/o White Bear Ankele Tanaka & Waldron
Attn: Sean Allen, Esq.·
2154 E. Commons Ave., Suite 2000
Centennial, CO 80122
Page Zof3
10. Successors and Assigns. This agreement and the rights and obligations created
hereby shall be binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns.
IN WITNESS WHEREOF, the District and the City have caused this Agreement to be
duly executed to be effective as of the day first above written.
Attest:~
Secretary ·
APPROVED AS TO FORM:
WHITE BEAR ANKELE ANAKA & WALDRON
IRON WORKS VILLAGE METROPOLITAN
DISTRICT, a quasi"municipal corporation and
political subdivision of the State of Colorado
By: __ 4-=--/__,,,V-llf'------
President c)
APPROVED AS TO FORM: _________ _
Page3 of 3