INSPIRATION METROPOLITAN DISTRICT SPECIAL MEETING … · 9/25/2019 · Ms. Hartung presented the request from Colorado Interstate Gas Company, L.L.C.; (“CIG”) for an amendment

INSPIRATION METROPOLITAN DISTRICT SPECIAL MEETING Tallyn’s Reach Library: 23911 E Arapahoe Rd, Aurora, CO 80016

Wednesday, September 25, 2019 5:30 PM

Sandi Thomas, President Term to May 2022 Aaron Curtiss, Vice President/Assistant Secretary Term to May 2020 Dennis Colwell, Assistant Secretary Term to May 2020 Lindsey Linkow, Secretary Term to May 2022 Holly Svetz, Treasurer Term to May 2020

AGENDA

1. Call to Order/Declaration of Quorum; Excusal of absence(s), if any.

2. Director Conflict of Interest Disclosures

3. Approval of Agenda

4. Public Comment – Members of the public may express their views to the Board on matters that affect theDistrict. Comments will be limited to three (3) minutes per person. Comments will be taken in the orderreflected on the sign in sheet. Only during this time may a person address the Board, unless the Boardspecifically solicits input from the audience at another time during the regular or special meeting.

5. Consent Agenda ACTION REQUIRED

The items listed below are a group of items to be acted on with a single motion and vote by the Board.

An item may be removed from the consent agenda to the special agenda by any Board member. Items on

the consent agenda are then voted on by a single motion, second and vote by the Board.

a. Approval of Special Minutes from the August 13, 2019 Board Meeting (enclosure)

b. Approval of Special Minutes from the August 22, 2019 Board Meeting (enclosure)

c. Approval of Minutes from the August 5, 2019 Finance Committee Meeting (enclosure)

d. Approval of Minutes from the July 23, 2019 Common Area and Landscaping Committee Meeting(enclosure)

e. Approval of Minutes from the August 20, 2019 Common Area and Landscaping Committee Meeting(enclosure)

f. Approval of Minutes from the July 17, 2019 Residential Improvement Committee Meeting(enclosure)

g. Approval of Minutes from the August 21, 2019 Residential Improvement Committee Meeting(enclosure)

h. Approval of Minutes from the August 8, 2019 Social Committee Meeting (enclosure)6. Residential Improvement Updates

a. ACTION REQUIRED Consider Approval of Recommend Changes for the ResidentialImprovement Guidelines (enclosure)

b. ACTION REQUIRED Consider Approval of Appeals (to be distributed)

7. Legal Updates

a. Discuss 2020 Meeting Dates

i. 3rd Tuesday of Every Month (with two exceptions)

1. January 21, 2020

2. February 18, 2020

3. March 10, 2020 (2nd Tuesday)

4. April 21, 2020

5. May 19, 2020

6. June 9, 2020 (2nd Tuesday)

7. July 21, 2020

8. August 18, 2020

9. September 15, 2020

10. October 20, 2020

11. November 17, 2020

12. December 15, 2020

b. ACTION REQUIRED Consider Approval for Subdivision as Proposed for Tract F, Filing 8

c. ACTION REQUIRED Manhard Consulting – Second Amendment to ICA (enclosure)

d. ACTION REQUIRED Review and Discuss Proposed Amendment to Easement with ColoradoInterstate Gas Company (enclosure)

e. ACTION REQUIRED Ratify First Addendum to Independent Contractor Agreement withBrightview Landscape Services, Inc. for xeriscape services. (enclosure)

8. Finance Updates

a. Finance Committee Update

b. ACTION REQUIRED Consider Acceptance of Unaudited Monthly Financial Statementsdated July 31, 2019 prepared by CCMC (enclosure)

c. ACTION REQUIRED Consider Approval of Check History Report from 8/8/2019 to9/16/2019 (enclosure)

9. Common Area Updatesa. Common Area Committee Updateb. ACTION REQUIRED Consider Approval of the Brightview Contract for Filing 10 Tract B and Addendum

(to be distributed) c. ACTION REQUIRED Consider Approval of the Brightview Contract for Tree Replacements (to be

distributed) d. District Update on Remediation of Erosion/Slope Areas on Fletcher, E. Del Norte Circle, and Baily

Circlee. Newland Update on Remediation of Erosion/Slope Areas in Fletcher/Hendersonf. Discussion Regarding Volunteer Work Dos-and-Don’ts Guidelines (enclosure)g. Discussion of Park Planning and Trail Connection

10. Social Committee Update

11. Management Updates

12. 2020 Operating Budget Overview

13. Executive Session (For the purpose of conferencing with the District’s attorney and receiving legal advice onspecific legal questions under § 24-6-402(4)(b), C.R.S., if needed)

14. Adjourn

MINUTES OF THE SPECIAL MEETING OF THE BOARD

OF DIRECTORS OF

INSPIRATION METROPOLITAN DISTRICT

Held: Tuesday, August 13, 2019, at 5:30 p.m. at 22298 E

Aurora Pkwy, Aurora, CO 80016

Attendance The regular meeting of the Board of Directors of the Inspiration

Metropolitan District, was called and held as shown above and in

accordance with the applicable statutes of the State of Colorado. The

following directors, having confirmed their qualification to serve on

the Board, were in attendance:

Sandi Thomas

Aaron Curtiss

Dennis Colwell

Holly Svetz

Excused: Lindsey Linkow

Also present were:

Heather L. Hartung, Esq., White Bear Ankele Tanaka & Waldron,

Attorneys at Law, District General Counsel; Kaylin Hicks, District

Manager;

Members of the public in attendance at the meeting

Call to Order

It was noted that a quorum of the Board was present and the meeting

was called to order.

Conflict of Interest

Disclosures

Ms. Hicks advised the Board that, pursuant to Colorado law, certain

disclosures might be required prior to taking official action at the

meeting. Ms. Hicks reported that disclosures for those directors with

potential or existing conflicts of interest were filed with the

Secretary of State’s Office and the Board at least 72 hours prior to

the meeting, in accordance with Colorado law, and those disclosures

were acknowledged by the Board. Ms. Hicks noted that a quorum

was present and inquired into whether members of the Board had

any additional disclosures of potential or existing conflicts of interest

with regard to any matters scheduled for discussion at the meeting.

No additional disclosures were noted. The Board determined that

the participation of the members present was necessary to obtain a

quorum or to otherwise enable the Board to act.

Approval of Agenda Ms. Hicks presented the Agenda to the Board for consideration.

Following discussion regarding revisions as to the order of the

Agenda, and upon a motion duly made by Director Svetz and

seconded by Director Curtiss, the Board unanimously approved the

agenda as amended.

Legal Updates

Consider Approval of the

Resolution for Adopting a

Policy Regarding the

Conduct of Regular and

Special Board Meetings

Ms. Hartung presented the Resolution for Adopting a Policy

Regarding the Conduct of Regular and Special Board Meetings to

the Board for consideration. Following discussion regarding

revisions as to the order of the Agenda, and upon a motion duly

made by Director Svetz and seconded by Director Colwell, the

Board unanimously approved the resolution as presented.


Resolution for Adopting a

Policy Regarding the

Conduct of Committee

Meetings

Ms. Hartung presented the Resolution for Adopting a Policy

Regarding the Conduct of Committee Meetings to the Board for

consideration. Following discussion regarding revisions as to the

order of the Agenda, and upon a motion duly made by Director

Svetz and seconded by Director Colwell, the Board unanimously

approved the resolution as presented.

Public Comment 1. Bob, 22642 Del Norte. Had questions regarding turning

over tracks. Aaron discussed the process. Owner questioned

if Filing 10 Tract B was approved in the last minutes.

2. Rick, 22543 E. Glen Drive. Had a water issue around

his home’s foundation. Owner hired an engineer and is

concerned about flooding in his basement.

3. Kathy, 22685 E Henderson. Concerns on flooding

issues and the mailbox issues on Henderson. People are

walking on rocks to avoid walking on private property/lawn

and she is concerned about safety.

4. Mike, 23001 E Bailey. Had questions about the capital

reserve policy – specifically, has there been any funding over

the last 10 years.

5. Howard, 22946 E Bailey Circle. Had questions about

the collection of delinquent fees and the narrow strip of

property on Bailey.

6. Matt, 22694 E Henderson Drive. Had issues about the

health of the common area grass.

7. Jen, 23050 E. Del Norte had questions on the common

area update.

8. Rick, had questions about the soil around his property.

9. Chad, 22964 E Henderson had questions about other common

area seeding.

Consent Agenda

The following items on the consent agenda were considered routine

or administrative. Following a summary by Ms. Hicks, the items on

the consent agenda were approved by one motion duly made by

Director Svetz, seconded by Director Colwell, and unanimously

carried.

Approval of Regular Minutes from the July 16, 2019 Board

Meeting

Approval of Minutes from the July 8, 2019 Finance

Committee Meeting

Approval of Minutes from the May 21, 2019 Common Area

and Landscaping Committee Meeting

Residential Improvement

Committee Update

Consider Approval of

Residential Improvement

Committee Recommendation

for Xeriscape Guidelines and

Percent of Plant Materials

Ms. Hartung presented the Approval of Residential Improvement

Committee Recommendation from the Residential Improvement

Committee for Xeriscape Guidelines and Percent of Plant Materials

to the Board for consideration. Following discussion upon a motion

duly made by Director Curtiss and seconded by Director Colwell,

the Board unanimously approved the resolution as presented. The

board noted that the revised guidelines with these changes would be

posted and the legal team will review the remainder of the guidelines

by the end of the year but wanted to be able to get out the

xeriscaping and other suggested changes from prior meetings to

homeowners.

Ratify the Lewis Brisbois

Bigaard & Smith LLP

Contract for the Covenant

Appeal

Director Svetz presented the Lewis Brisbois Bigaard & Smith LLP

Contract for the Covenant Appeal to the Board. This contract was

ratified and the upon a motion duly made by Director Svetz and

seconded by Director Curtiss, the Board unanimously ratified the

contract as presented.


Revised Residential

Improvement Guidelines

Ms. Hartung presented the revised residential improvement

guidelines. After discussion, the upon a motion duly made by

Director Curtiss and seconded by Director Colwell, the Board

approved the guidelines submit to mirror revisions.

Legal Update


Resolution for Establishing

Guidelines for the Processing

and Collection of Delinquent

Fees and Charges

Ms. Hartung presented the Resolution for Establishing Guidelines

for the Processing and Collection of Delinquent Fees and Charges to

the Board for consideration. Following discussion regarding if the

Board should inactive the key fobs, the board that if collection

becomes an issue, this is something they could look at. Upon a

motion duly made by Director Svetz and seconded by Director

Curtiss, the Board unanimously approved the resolution as

presented.

Consider Approval for the

Intergovernmental Agreement

Between the City of Aurora

and Inspiration Metropolitan

District Regarding

Transmission Line Project

Impacts

Ms. Hartung presented the Intergovernmental Agreement Between

the City of Aurora and Inspiration Metropolitan District Regarding

Transmission Line Project Impacts. After further discussion, the

board wanted to move this discussion to the next meeting and setup

a meeting with Xcel.


Resolution Concerning Online

Notice of Regular and Special

Meetings

Ms. Hartung presented the Resolution Concerning Online Notice of

Regular and Special Meetings. Ms. Hartung noted that further

notices would no longer be posted, but put on the website 24 hours

prior to the meeting. Upon a motion duly made by Director Svetz

and seconded by Director Curtiss, the Board unanimously approved

the resolution as presented.


Resolution for Residential

Improvement Committee

Duties

Ms. Hartung presented the Resolution for Residential Improvement

Committee Duties. Upon a motion duly made by Director Curtiss

and seconded by Director Colwell, the Board unanimously approved

the resolution as presented.

Consider Approval of

Colorado Interstate Gas

Company, L.L.C.; (“CIG”), a

Kinder Morgan company

operates two (2) interstate high

pressure natural gas pipelines

and the Inspiration Meter

Station on your property in

Douglas County, Colorado

within existing right of ways.

Ms. Hartung presented the request from Colorado Interstate Gas

Company, L.L.C.; (“CIG”) for an amendment to the easement. After

further discussion, the board wanted to move this discussion to the

next meeting and setup a meeting with CIG to discuss further details

and negotiations.

Consider Approval for

Subdivision as Proposed for

Tract F, Filing 8

Director Thomas presented revised map of Tract F Filing 8 after a

walk that was completed with the Resident Advisory Committee and

Director Svetz. After further discussion, the board deferred this to

the next meeting and Director Thomas would be discussing further

with the Inspiration Community Association.

Common Area Updates Committee Update Director Curtiss provided a brief overview on the common area

projects.

District Update on

Remediation of Erosion/Slope

Areas on Fletcher, E. Del

Norte Circle, and Baily Circle

Ms. Hicks provided an update on the Remediation of Erosion/Slope

Areas on Fletcher, E. Del Norte Circle, and Baily Circle. Manhard

engineering are reviewing the landscape and design plans and have

completed 1 walk for the areas. The soils will be tested to provide an

update soil analysis and Manhard will be providing an analysis of

their findings to the District.

Newland Update on

Remediation of Erosion/Slope

Areas in Fletcher/Henderson

Director Thomas provided an overview on the Remediation of

Erosion/Slope Areas in Fletcher/Henderson. Manhard Engineering

will also be looking at the tracts to find a solution.

Finance Committee Update Committee Update

Director Colwell provided the Board with an update on the Finance

Committee meetings and the minutes are now posted to the website.

They are working on a bond debt policy, capital reserve policy and

budgeting and financial planning policy which will look at a 3-5 year

budget lookout.

Consider Acceptance of

Unaudited Monthly Financial

Statements dated June 30,

2019 prepared by CCMC

Ms. Hicks presented the Unaudited Monthly Financial Statements

dated June 30, 2019 prepared by CCMC. Upon a motion duly made

by Director Colwell and seconded by Director Curtiss, the Board

unanimously approved the financial statements as presented.

Consider Approval of Check

History Report from 7/9/2019

to 8/8/2019

Ms. Hicks presented the Check History Report of the Operating

Statement from 7/9/2019 to 8/8/2019. Upon a motion duly made by

Director Colwell and seconded by Director Svetz, the Board

unanimously approved the check history report as presented.

Consider Approval of Finance

Committee Recommendation

for Capital Reserve Policy

Director Colwell presented the Committee Recommendation for

Capital Reserve Policy. After futher discussion, the board approved

to have White Bear Ankele Tanaka & Waldron, Attorneys at Law,

District General Counsel draft and review the policy.

Social Committee Update

Ms. Hicks provided a brief overview of the upcoming social events

and projects.

Management Update

Ms. Hicks presented an overview of Management Reports and

Activities, Community Standards, District Operating Finances, and

Common Areas.

Executive Session A motion for executive session was made by Director Svetz

seconded by Director Curtiss and unanimously carried The Board

entered executive session at 7:28pm and exited at 8:38pm.

Adjournment

There being no further business to come before the Board, and

following discussion and upon motion duly made, seconded and

unanimously carried, the Board determined to adjourn the meeting.

The foregoing constitutes a true and correct copy of the minutes of

the above-referenced meeting.

_______________________________________________

Secretary for the Meeting

ATTORNEY STATEMENT

REGARDING PRIVILEGED ATTORNEY-CLIENT COMMUNICATION

Pursuant to Section 24-6-402(2)(d.5)(II)(B), C.R.S., I attest that, in my capacity as the

attorney representing Inspiration Metropolitan District, I attended the executive session

at the special meeting of Inspiration Metropolitan District convened at 7:28 P.M. on

August 13, 2019, for the sole purpose of providing legal advice regarding contract

negotiations, as authorized by Section 24-6-402(4)(b), C.R.S. I further attest it is my

opinion that as the executive session discussions constituted privileged attorney-client

communications as provided by Section 24-6-402(4)(b), C.R.S. and, based on that

opinion, no further record, written or electronic was kept or required to be kept

pursuant to Section 24-6-402(2)(b), C.R.S. or Section 24-6-402(2)(d.5)(II)(B), C.R.S.

_______________________________

Heather L. Hartung, Esq.

MINUTES OF THE SPECIAL MEETING OF THE BOARD

OF DIRECTORS OF


Held: Thursday, August 22, 2019, at 12:00 p.m. at 23392 E.

Glidden Drive, Aurora, CO

Attendance The special meeting of the Board of Directors of the Inspiration

Metropolitan District, was called and held as shown above and in

accordance with the applicable statutes of the State of Colorado. The

following directors, having confirmed their qualification to serve on

the Board, were in attendance:

Sandi Thomas

Aaron Curtiss

Dennis Colwell

Lindsey Linkow

Holly Svetz

Also present were:

Heather L. Hartung, Esq., White Bear Ankele Tanaka & Waldron,

Attorneys at Law, District General Counsel

There were no members of the public in attendance.

Call to Order

It was noted that a quorum of the Board was present and the meeting

was called to order.

Conflict of Interest

Disclosures

Ms. Hartung advised the Board that, pursuant to Colorado law,

certain disclosures might be required prior to taking official action at

the meeting. Ms. Hartung reported that disclosures for those

directors with potential or existing conflicts of interest were filed

with the Secretary of State’s Office and the Board at least 72 hours

prior to the meeting, in accordance with Colorado law, and those

disclosures were acknowledged by the Board. Ms. Hartung noted

that a quorum was present and inquired into whether members of the

Board had any additional disclosures of potential or existing

conflicts of interest with regard to any matters scheduled for

discussion at the meeting. No additional disclosures were noted.

The Board determined that the participation of the members present

was necessary to obtain a quorum or to otherwise enable the Board

to act.

Approval of Agenda Ms. Hartung presented the Agenda to the Board for consideration.

Following discussion regarding revisions as to the order of the

Agenda, and upon a motion duly made and seconded, the Board

unanimously approved the agenda as amended.

Public Comment None.

Executive Session –

Pursuant to Sec. 24-6-

402(4)(b), C.R.S. for

purposes of receiving

confidential legal advice

regarding contract

negotiations

The Board entered into an executive session at 12:09 p.m.

pursuant to Section 24-6-402(4)(b), C.R.S. for the purpose of

receiving confidential legal advice regarding contract

negotiations. The Board exited its executive session at 1:24 p.m.

Other Business

None.

Adjournment

There being no further business to come before the Board, and

following discussion and upon motion duly made, seconded and

unanimously carried, the Board determined to adjourn the meeting.

The foregoing constitutes a true and correct copy of the minutes of

the above-referenced meeting.

_______________________________________________

Secretary for the Meeting

ATTORNEY STATEMENT

REGARDING PRIVILEGED ATTORNEY-CLIENT COMMUNICATION

Pursuant to Section 24-6-402(2)(d.5)(II)(B), C.R.S., I attest that, in my capacity as the

attorney representing Inspiration Metropolitan District, I attended the executive session

at the special meeting of Inspiration Metropolitan District convened at 12:09 P.M. on

Thursday, August 22, 2019, for the sole purpose of providing legal advice regarding

contract negotiations, as authorized by Section 24-6-402(4)(b), C.R.S. I further attest it

is my opinion that as the executive session discussions constituted privileged attorney-

client communications as provided by Section 24-6-402(4)(b), C.R.S. and, based on

that opinion, no further record, written or electronic was kept or required to be kept

pursuant to Section 24-6-402(2)(b), C.R.S. or Section 24-6-402(2)(d.5)(II)(B), C.R.S.

_______________________________

Heather L. Hartung, Esq.

METROPOLITAN DISTRICT FINANCE COMMITTEE Meeting Minutes August 5, 2019

The following members of the committee were in attendance:

David Bourcier David Brown Dennis Colwell Scott Edwards Sharon Macway

Also present: Kaylin Hicks, CCMC District Manager; Dawn Jones, CLA Engagement Manager; Rick and Kathy Forsman, residents; and Dick and Helen Cassella, residents.

The meeting was called to order at 4:30 p.m.

1. Director Colwell moved and David Brown seconded approval of the minutes for the June 3, 2019

Finance Committee meeting. The minutes were approved. 2. Chairman Bourcier asked the residents in attendance if they wished to make any comments. A

question was raided concerning posting of the committee agenda on the website prior to the meeting. Kaylin Hicks explained that committee agendas were not required to be posted in advance.

3. Kaylin Hicks presented a timeline for the 2020 budget as well as reviewing the approved budget

for 2019 budget and the Operating Statement as of June 30, 2019. The committee proposed some minor modifications to the format for 2020. The Finance Committee requested that other Board Committees provide an Executive Summary along with their 2020 budget proposals. The committee felt it was important to prepare a budget for 2020 that was both realistic and conservative. The first draft of the 2020 budget will be provided by September 9, 2019.

4. The development of a 3 to 5 year financial plan was discussed. Chairman Bourcier, Sharon

Macway, and David Brown will be working on the preparation of this plan once the 2020 budget is finalized. Kaylin Hicks indicated she would provide a schedule that will reflect the value of existing District assets as well as planned future additions.

5. Director Colwell shared a draft forecast related to Capital Reserves. The forecast indicates it will take several years to achieve the 65% funding goal as outlined in the Capital Reserve Policy. Once a reserve study is completed, a more accurate forecast of reserves can be prepared. The committee agreed this information once refined would be helpful to share with District residents.

6. Scott Edwards indicated the Capital Reserve Policy had been amended to incorporate the

committee recommendations from the July meeting. Scott Edwards moved and Sharon Macway seconded the committee approve the policy and send it to the District Board for their review and approval. The motion passed.

7. The meeting adjourned at 6:19p.m.

Inspiration Common Area Committee July 23, 2019 Meeting Minutes

Meeting called to order at 5:34p

Members in attendance: o Mark Berkstresser o Aaron Curtiss o Marla Healy o Ron Lee

Jon Van De Voorde of Newland led a discussion about the drainage and erosion issues in many Hilltop neighborhoods:

o Three of the tracts are in the District and several others are still owned by Newland

o The slopes are still establishing vegetation o The District and Newland are working together to retain a third-party

engineer to review the plans, landscaping and current state to recommend a long-term solution

o The process may take several months, but the public will be updated and invited to provide input

o The committee was questioned about the turnover process and the steps taken to verify tracts are performing

Kaylin Hicks provided an overview of ongoing landscaping and common area issues:

o Two maintenance techs are now on staff o The playground inspection found several issues that the techs are

working to repair o Fencing repairs are underway throughout the community o The storm channel reconstruction plans are pending before the City of

Aurora

Questions over whether the structure will include one drop or two

Still planning to break ground in September

Cost estimates should be arriving in mid-August

The July 26 xeriscape event was discussed, although it was informational only as all the planning is being handled by Brightview

The August 3 fence painting event was discussed and it was decided that coffee and donuts would be served and that the event would be two hours

Marla Healy provided an update on the planting areas donated by local nurseries

o Pine Lane Nursery is committed along Gartrell near Rockinghorse Parkway

o The Sprucery is interested, but has not yet committed

Appointments for the coming terms were discussed and voted on: o Aaron Curtiss, Ron Lee and Greg Wolgamott were each reappointed to

two-year terms o Greg Wolgamott was reappointed chair, Mark Berkstresser was

appointed vice chair and Aaron Curtiss was reappointed secretary

Meeting adjourned at 7:04p

Inspiration Common Area Committee August 20, 2019 Meeting Minutes

Meeting called to order at 6:04p

Members in attendance: o Mark Berkstresser o Aaron Curtiss o Graham Lammers o Ron Lee o Greg Wolgamott

Community comment and discussion covered: o Potentially adding new striping to the Pathfinder Park tennis courts to

make them usable as pickleball courts; Rose Krantz volunteered to work with Kaylin Hicks on exploring options

o Jim Maxwell discussed different approaches to solving the drainage issues in several Hilltop tracts; Kaylin Hicks agreed to make Manhard engineers aware of other concerns raised by residents during inspections in advance of the Sept. 17 meeting

Kaylin Hicks provided an overview of the drop structure project east of Pathfinder Park that is nearing approval and permitting by the City of Aurora

o It is one of the largest in the City and new codes passed since original construction will require it to be rebuilt with two drop

o The estimated price will rise from the $225,000 allocated in the 2019 budget to about $375,000, but Kaylin Hicks said savings in other areas will allow construction to stay on schedule – with completion targeted by the end of the year

Kaylin Hicks provided an overview of the work Manhard, the engineering firm retained by the District, has been doing on the Hilltop tracts with drainage issues

o Findings will be presented Sept. 17, with the Board expected to approve a course of action on Sept. 25

o So far, the projected repairs for the three tracts will stay within the 2019 budget allocations for drainage issues

Aaron Curtiss provided an update on a meeting with the City of Aurora regarding the park improvement and a connection with the Piney Creek Trail:

o City of Aurora was receptive to pooling mitigation funds received from Xcel to construct the trail connection between Piney Creek Trail and the Inspiration stub in the northeast corner of the community

o Additional surveying will be required to determine the most cost-effective path across the Piney Creek wetland area

o The City expressed concern over the dog park proposal following comments from adjacent neightbors

The committee worked through the common area and open space budget items line-by-line to develop preliminary budget figures for review by the Finance Committee


##

MINUTES OF THE ORIENTATION MEETING OF THE

RESIDENTIAL IMPROVEMENT GUIDELINES COMMITTEE

OF


Held: Wednesday, July 17, 2019, at 5:30 p.m. at Toll

Brothers Sales Office, Aurora, CO

Attendance The special meeting of the Residential Improvement

Guidelines Committee was called and held as shown

above and in accordance with the applicable statutes of

the State of Colorado. The following members, having

been approved by the Board of Directors to serve on

the Committee, were in attendance:

Chris Bolz

Scott Edwards

Vail Hanlon

Ling Ly

Bradley Nerger (Vice Chair)

Mary Noonan

Brenda Skoglund

Holly Svetz (Board Liaison)

Jerry Cropsey and Jerry Stoffel were absent.

Also present was Kaylin Hicks, CCMC District Manager.

Members of the public shown on the attached

Attendance Sheet also were present.

Call to Order It was noted by Board Liaison Svetz that a quorum of

the Committee was present, and the meeting was called

to order.

Public Comment Several members of the public provided comments, but

none required any action by the Committee.

New Section Front Steps Railings The Committee determined a new guideline for front

steps railings should be added to the Residential

Improvement Guidelines which would require that they

either be black metal or metal or wood to match

existing front porch railings. Railings must comply with

the Single Family Residential Uncovered Decks and

Porches Building Guide published by the Colorado

2

Chapter of the International Code Council and adopted

by the City of Aurora Building Division, Public Works

Department.

New Section Side Yard Sidewalks The Committee determined that a new guideline for

side yard sidewalks should be added to the Residential

Improvement Guidelines which would require that they

be no wider than 36” and should connect to the

driveway at a 90 degree angle. They may be

constructed of concrete, crushed gravel or breeze,

stone pavers, or flagstones.

New Section Xeriscaping Requirements The Committee had a lengthy discussion to establish

xeriscaping requirements for Inspiration. The City of

Aurora has already established many requirements and

a significant amount of information has been published.

A draft Guideline was agreed to subject to discussions

with the landscaping company, Brightview, at the July

26th Xeriscaping sample garden presentation.

Status of Architectural Review Requests

and Violations Ms. Hicks presented the Committee with the number

and status of Architectural Review Requests and

Violations.

Committee Review of Requests Board Liaison Svetz informed the Committee that the

Board had authorized the Committee to make approval

and denial decisions on Architectural Review Requests

submitted by residents. Council for the Board and Ms.

Hicks had assured that the Committee members will be

indemnified for any potential liability caused by this

decision making.

Ms. Hick presented the ten oldest in time Architectural

Review requests to the Committee and the Committee

reached consensus on each one.

Smartwebs Presentation Ms. Hicks went into greater detail in explain how

Smartwebs works so the Committee may continue its

review of Architectural Review Requests online. The

Committee agreed that as soon as five approve or deny

votes are received, Ms. Hicks may move forward with

that decision.

3

Adjournment There being no further business before the Committee,

the Committee determined to adjourn the meeting.

The foregoing constitutes a true and correct copy of the

minutes of the above-referenced meeting.

MINUTES OF THE ORIENTATION MEETING OF THE

RESIDENTIAL IMPROVEMENT GUIDELINES COMMITTEE

OF


Held: Wednesday, August 21, 2019, at 5:30 p.m. at

Tallyn’s Reach Library, Aurora, CO

Attendance The special meeting of the Residential Improvement

Guidelines Committee was called and held as shown

above and in accordance with the applicable statutes of

the State of Colorado. The following members, having

been approved by the Board of Directors to serve on

the Committee, were in attendance:

Chris Bolz

Jerry Cropsey (Chair)

Vail Hanlon

Ling Ly

Bradley Nerger (Vice Chair)

Brenda Skoglund

Jerry Stoffel

Holly Svetz (Board Liaison)

Scott Edwards was absent.

Also present was Kaylin Hicks, CCMC District Manager.

Members of the public shown on the attached

Attendance Sheet also were present.

Call to Order It was noted by Board Liaison Svetz that a quorum of

the Committee was present, and the meeting was called

to order.

Public Comment No comments were offered by the public.

Patio Requirements Messrs. Nerger and Cropsey agreed to examine a

revision to the patio restrictions for larger lots. The

Committee agreed a definition of “hardscape” should

be developed.

Design Plan Submissions The Committee agreed that an example of an

acceptable plot plan should be provided in the

2

Architectural Review Request instructions. Ms. Hicks

agreed to provide one.

Violation Extension for Remediation The Committee agreed that after a resident has been

notified of a violation, if the resident has contacted the

management company with an intention to remediate

the problem, an extension of an additional 14 days

should be provided before the next step in the

enforcement procedure. The enforcement resolution

should be modified to reflect his.

Obstruction of View The Committee engaged in a discussion of policies on

view obstruction and decided to take no further action

but to recommend that neighbors be courteous to

other neighbors in their landscaping plans.

Lawn Maintenance Violations Ms. Hicks requested the Committee’s view on how

violations of lawn maintenance should be addressed to

residents. The Committee offered its advice regarding

language to use.

Ornamental Grasses Ms. Skoglund questioned whether there should be a

percentage limit to use of ornamental grasses in

landscaping. Ms. Svetz took an action to research that.

Prohibition of certain trees The Committee agreed that the “approved plant” list

should state that Aspen and Russian Olive trees are Not

Recommended. Both trees are invasive, and Aspen are

prone to disease in our location.

Two fences Ms. Hicks asked the Committee who should be

responsible for the maintenance of fences and weeds

when two neighbors construct back to back fences. The

Committee advised that each resident is responsible for

the fence and weeds on their property.

Weeds in concrete Ms. Svetz recommended that the Guidelines be revised

to specifically require residents to remove weeds and

grass between cracks in concrete and between concrete

and asphalt on their Lots. The Committee agreed.

Lattices and trellises Ms. Hanlon inquired whether there should be

restrictions on lattices and trellises to ensure they do

not look dilapidated. The Committee recommended

3

the Guidelines be revised to state that all lattices and

trellises should be properly maintained to ensure good

appearance.

Underdeck storage The Committee reviewed an appeal by a resident where

the construction of an underdeck storage space was

denied on the basis that it was a shed. The resident

argued that since it was attached to the house (at

garden level and not a walkout) and made of the same

materials as the house (siding) it was not a shed. The

Committee was divided in its view, with some members

finding that the storage space was an acceptable plan

under Section 2.2, House Extension, while other

members found that the storage space was in violation

of the Section 2.16, Decks, because only 30” of lattice is

permitted as deck skirting and the submitted plan

included 5 foot walls from the ground to the underside

of the deck. The Committee agreed to forward the

matter to the Board for its determination.

Adjournment There being no further business before the Committee,

the Committee determined to adjourn the meeting.

The foregoing constitutes a true and correct copy of the

minutes of the above-referenced meeting.

Inspiration Social Committee August 8, 2019 Meeting Minutes

Meeting called to order at 5:05pm Members in attendance:

Mark Kinslow

Kim Harbage

Margo Walters

Lindsey Kneifl, via phone Members missing:

Jude Oldham

Jen Curtiss

Marla Solarz

Manisha Shrestha

Linda Madden

District Board of Directors liaison in attendance: Lindsey Linkow District Staff, CCMC, in attendance: Kari Munson Minutes:

Kari Munson opened discussion for final details on upcoming events o Spark Event, August 9.

Need for volunteer to assist with flower bouquet station. Kim Harbage volunteered. All others had previous commitments.

o Artisan Market, August 24

Beer from Two22 Brewery confirmed

Musician, confirmed

Food Truck, confirned

Lindsey Kneifl has a couple potential local vendors, discussion regarding anticipated audience size.

Mark Kinslow can bring electric bikes from Pedego to test drive

Committee will continue to solicit for additional local vendors, but agreed that the event will continue with the basic music, food, and beer options.

o Review of Hops Garden on 8/2 issues.

Guards scheduled for the evening to support access to the freezer for ice, and storage did not show up. Kari was on the phone and got them there for the remainder of event, although late.

Ice wasn’t in the freezer. Kari had gotten an inventory list from the guards earlier in the week which included at least 3 bags of ice onsite. There were no bags on Friday night.

Musician did not show up. Kari had been notified and was on the phone, left several messages and to date hadn’t heard from the musician. Payment had not been made.

Discussion regarding 2019 budget review to start the 2020 budget process. Kari Munson started the discussion noting the first item due to the Finance Committee is an executive summary with very general overview of 2020 social budget requests. The 2019 review would be in regard to budget spent, what went well, what programs would the committee like to keep, cut or adjust for the future, and also discuss programming the committee would like to see added or expanded.

o Discussions detailed each event, what was spent in 2019 or projected. What the funds were used for to determine whether or not additional fund should be allocated based on additional homeowners. Frequency of events to maximize engagement and potential sponsorship opportunities.

o Programs with the most discussion involving adjustments or additions included:

adding an outdoor movie night

adding kickball as a monthly event

adjusting Hops Garden Happy Hour to once a month instead of twice

adjusting Lawn Game Social to once a month focused activity (i.e. corn hole or ping pong tournament, etc.) instead of passive weekly event.

Adjusting S’Mores to once a month instead of twice

cutting Tails and Trails, which was cut in 2019 due to no participants

the remaining programs had minor adjustments and discussion revolving scope of event for budget and planning purposes

o Next step, Kari Munson will write an Executive Summary based on the discussion points for the upcoming Finance Committee Meeting.


##

RESIDENTIAL IMPROVEMENT COMMITTEE SUGGESTIONS TO REVISE GUIDELINES

2.26 Garage Doors Revise to state: "Garage doors shall remain closed except when

entering or exiting the garage, working in the garage, taking out or returning trash

containers, during lawn/yard maintenance, or engaging in family activities."

2.33.F Maintenance Move subsection 2 regarding Sideyard sidewalks to its own listing

under the letter "S". Revise the side yard sidewalk section to state: "They may be no

wider than thirty-six inches (36") and if the resident intends to connect the sidewalk to

the driveway, it must connect to the driveway at a ninety (90) degree angle."

2.33.F Maintenance Add new subsection 2 stating that residents must remove weeds and

grass between cracks in concrete and between concrete and asphalt on their Lots.

2.34 Latticework. Add sentence requiring all lattices and trellises to be properly

maintained to ensure good appearance.

3.3 Pets. Delete the two sentences beginning with "The City of Aurora ordinances do not

prohibit..."

The approved plant list should note at the bottom that Aspen and Russian Olive trees are

Not Recommended. Both trees are invasive and Aspen are prone to disease in our

location.

0514.4200: 984422

SECOND AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT

(General Engineering Services) _______________________________

This SECOND AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT (the “Second Amendment”) is entered into the 25th day of September, 2019, by and between INSPIRATION METROPOLITAN DISTRICT, a quasi-municipal corporation and political subdivision of the State of Colorado (the “District”), and MANHARD CONSULTING LTD., an Illinois corporation registered and in good standing with the State of Colorado (the “Consultant”), collectively referred to herein as the “Parties.”

RECITALS

WHEREAS, the Parties entered into an Independent Contractor Agreement, dated January 15, 2019 as amended by that First Amendment to Independent Contractor Agreement, dated May 3, 2019 (collectively, the “Agreement”); and WHEREAS, the Agreement sets forth the scope of services to be provided by the Contractor to the District; and WHEREAS, the Parties wish to expand the scope of services to address the analysis of the erosion, minimal revegetation and potential drainage issues on the following tracts: RockingHorse Filing No. 10 Tract B; RockingHorse Filing No. 8 Tract B; and RockingHorse Filing No. 8 Tract E (the “Analysis Services”) and WHEREAS, the Contractor is agreeable with performing the additional services within this Second Amendment; and NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties covenant and agree as follows:

AGREEMENT

1. SCOPE OF ANALYSIS SERVICES. The Contractor shall be responsible for the Analysis Services as more particularly described in Exhibit A, attached hereto and incorporated herein, at a price to the District not to exceed Nine Thousand Two Hundred Dollars ($9,200).

2. Prior Provisions Effective. Except as specifically amended hereby, all the terms and provisions of the Agreement shall remain in full force and effect.

3. Counterpart Execution. This Second Amendment may be executed in several counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Executed copies of this Second Amendment may be delivered by

0514.4200: 984422

facsimile or email of a PDF document, and, upon receipt, shall be deemed originals and binding upon the signatories to this Second Amendment.

4. EFFECTIVE DATE. This Second Addendum shall become effective as of the date noted above.

0514.4200: 984422

IN WITNESS WHEREOF, the Parties have executed this Second Amendment as of the date set forth below. By the signature of its representative below, each Party affirms that it has taken all necessary action to authorize said representative to execute this Second Amendment.

INSPIRATION METROPOLITAN DISTRICT, a quasi-municipal corporation and political subdivision of the State of Colorado By: ________________________________ Officer of the District

ATTEST: ____________________________________ APPROVED AS TO FORM: WHITE BEAR ANKELE TANAKA & WALDRON Attorneys at Law ________________________________ General Counsel to the District

District’s Signature Page to Second Amendment to Independent Contractor Agreement for

General Engineering Services with Inspiration Metropolitan District, dated September 25, 2019

0514.4200: 984422

MANHARD CONSULTING LTD., an Illinois corporation

By: Its: STATE OF COLORADO ) ) ss. COUNTY OF ) The foregoing instrument was acknowledged before me this ____ day of ___________, 2019, by__________________________________, as the ____________________________ of Manhard Consulting, Ltd. WITNESS my hand and official seal. My commission expires: (S E A L) Notary Public

Contractor’s Signature Page to Second Amendment to Independent Contractor Agreement for

General Engineering Services with Inspiration Metropolitan District, dated September 25, 2019

0514.4200: 984422

EXHIBIT A

1

AMENDMENT OF EASEMENT

STATE OF COLORADO ) ) KNOW ALL MEN BY THESE PRESENTS COUNTY OF DOUGLAS ) WHEREAS, the Gartrell Investment Company, LLC, a Colorado limited liability company ( “Gartrell”) and Colorado Interstate Gas Company, a Delaware corporation (the “Grantee”) entered into that certain Easement Agreement dated September 26, 2003 and recorded in the real property records of the Clerk and Recorder of Douglas County, Colorado on October 8, 2013, at Reception Number 2003148346 (the “Easement Agreement”); and WHEREAS, Gartrell is the prior owner of the property encumbered by the Easement (as defined herein); and WHEREAS, the Grantee, whose address is 1001 Louisiana Street, Houston, Texas 77003, is successor to Colorado Interstate Gas Company, a Delaware Corporation; and WHEREAS, the Inspiration Metropolitan District (the “Grantor”), is a quasi-municipal corporation and political subdivision of the State of Colorado, whose address is c/o White Bear Ankele Tanaka & Waldron, 2154 East Commons Avenue, Suite 2000, Centennial, Colorado 80122; and WHEREAS, the Grantor is the current owner of the property encumbered by the Easement; and WHEREAS, the land described in said Easement Agreement is as follows:

A tract of land situated in a portion of the Southwest Quarter Southeast (SW¼) of Section Six (6), Township Six (6) South, Range Sixty-five (65) West of the 6th P.M., Douglas County, Colorado, more particularly described as follows: Commencing at the south quarter corner of said Section 6; thence N.00°43’01”W., along the north-south centerline of said Section 6, a distance of 77.94 feet to the point of beginning; thence S.89°36’03”W., a distance of 75.00 feet; thence N.00°43’01”W., a distance of 75.00 feet; thence N.89°36’03”E., a distance of 75.00 feet to the said north-south centerline; thence S.00°43’01”E., along said north-south centerline, a distance of 75.00 feet to the point of beginning. Containing 5,625 square feet more or less, and (the “Easement”)

WHEREAS, the Grantor and Grantee, or their successors or assigns as the case may be, desire to and have agreed to amend the Easement Agreement to more specifically define the location and width of the Easement over and through the property owned by the Grantor.

2

NOW THEREFORE, in for valuable consideration to both parties, the receipt and sufficiency of which is hereby acknowledged, the Grantor and Grantee do hereby amend the Easement over and through the property owned by the Grantor as follows:

A tract of land situated in a portion of the Southwest Quarter Southeast (SW¼) of Section Six (6), Township Six (6) South, Range Sixty-five (65) West of the 6th P.M., Douglas County, Colorado, more particularly described as follows: Commencing at the Southeast corner of the Southwest Quarter of said Section Six (6), Township Six (6) South, Range Sixty-five (65) West, thence on an assumed bearing of N 01°14’07” W, along the East line of said Southwest Quarter, a distance of 77.94 feet to the Southeast corner of an easement described in Douglas County Reception # 2003148346 and the Point of Beginning; Thence S 89°04’57” W along the South line of said easement a distance of 75.00 feet to the Southwest corner of said easement; Thence N 01°14’07” W parallel with the East line of said Southwest Quarter a distance of 135.00 feet; Thence N 89°04’57” E parallel with and 135.00 feet perpendicular a distance from the South line of said existing easement a distance of 75.00 feet to a point on the East line of Southwest Quarter of said Section 6; Thence S 01°14’07” E along said East line a distance of 135.00 feet to the Point of Beginning. Said tract contains 10,125 square feet, more or less including 5,625 square feet of said existing easement area. (the “Amended Easement”)

The Easement Agreement and Amended Easement, as hereby amended, shall be binding upon the parties hereto, their heirs, successors, and assigns. Except as hereby amended, all terms conditions and provisions of the Easement shall continue in full force and effect. IN WITNESS WHEREOF said Colorado Interstate Gas Company LLC, has caused this agreement to be ratified by its agent and attorney-in-fact and executed by the undersigned and further, same is to be entered in the records of the county first mentioned above. EXECUTED this _______ day of _________, 2019. GRANTEE Colorado Interstate Gas Company, LLC By:___________________________________ Floyd C Robertson Attorney-in Fact

3

GRANTOR Inspiration Metropolitan District, a quasi-municipal corporation and political subdivision of the State of Colorado By:____________________________________ Officer of the District ATTEST: _____________________________________

4

CORPORATE ACKNOWLEDGEMENT

THE STATE OF COLORADO ) ) COUNTY OF EL PASO ) This instrument was acknowledged before me this day of , , by Floyd C. Robertson, as Agent and Attorney-in- Fact for Colorado Interstate Gas Company, LLC, a Colorado Limited Liability Company, on behalf of said corporation. Given under my hand and seal of office this day of , .

______________________________ Notary Public in and for the State of _______________________

ACKNOWLEDGEMENT THE STATE OF COLORADO_ ) ) COUNTY OF DOUGLAS ) This instrument was acknowledged before me this day of , , by , as for Inspiration Metropolitan District, a quasi-municipal corporation and political subdivision of the State of Colorado. Given under my hand and seal of office this day of , .

______________________________ Notary Public in and for the State of Colorado

5

EXHIBIT A

THE AMENDED EASEMENT

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 112:23 PM BALANCE SHEET OPERATING (UNAUDITED)

07/31/2019

CURRENT MONTH BALANCE

PREVIOUS MONTH BALANCE

NET CHANGE

CASHCASH - OPG MUTUAL 400,878.36 375,157.07 25,721.29 CASH-OPERATING SAVINGS 0.28 0.00 0.28 DEBIT CARD ACCOUNT 985.57 1,823.35 (837.78)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL CASH 401,864.21 376,980.42 24,883.79

ACCTS RECEIVABLEACCOUNTS RECEIVABLE 201,000.43 159,706.55 41,293.88 A/R OTHER 988.76 0.00 988.76 DUE FROM GENERAL FUND 48,061.08 127,009.23 (78,948.15)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE 250,050.27 286,715.78 (36,665.51)

OTHER ASSETSPREPAID INSURANCE 124.92 131.86 (6.94)PREPAID EXPENSE 8,948.74 1,238.09 7,710.65

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER ASSETS 9,073.66 1,369.95 7,703.71

TOTAL ASSETS 660,988.14 665,066.15 (4,078.01)––––––––– ––––––––– ––––––––––

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 212:23 PM BALANCE SHEET OPERATING (UNAUDITED)

07/31/2019



NET CHANGE

LIABILITIES & FUND BALANCE

CURRENT LIABILITIESACCRUED EXPENSE 25,439.92 82,803.42 (57,363.50)ACCOUNTS PAYABLE 7,773.59 0.00 7,773.59 ACCOUNTS PAYABLE OTHER 650.00 717.48 (67.48)UNEARNED ASSESSMENTS 183,264.00 0.00 183,264.00 PREPAID ASSESSMENTS 52,750.58 168,729.81 (115,979.23)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL CURRENT LIABILITIES 269,878.09 252,250.71 17,627.38

OTHER LIABILITIESLIABILITY FOR UNCLAIMED PROPERTY 144.00 144.00 0.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER LIABILITIES 144.00 144.00 0.00

TOTAL LIABILITIES 270,022.09 252,394.71 17,627.38

FUND BALANCEOWNERS EQUITY 142,423.92 142,423.92 0.00 CURRENT YEAR INCOME (LOSS) 248,542.13 270,247.52 (21,705.39)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL FUND BALANCE 390,966.05 412,671.44 (21,705.39)

TOTAL LIABILITIES & FUND BALANCE 660,988.14 665,066.15 (4,078.01)––––––––– ––––––––– ––––––––––

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 112:23 PM OPERATING STATEMENT - DETAIL (UNAUDITED)

07/31/2019

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET

YEAR TO DATE VARIANCE

ANNUAL BUDGET

BUDGET REMAINING

77,472.00 71,520 5,952.00 OPERATING FEES 502,486.78 470,400 32,086.78 842,400 339,913.22 11,283.48 20,928 (9,644.52) BUILDER OPERATING FEES 196,530.20 119,856 76,674.20 226,176 29,645.80

0.00 0 0.00 ACTIVITY INCOME 150.00 0 150.00 0 (150.00)0.00 300 (300.00) SOCIAL EVENTS 400.00 900 (500.00) 1,500 1,100.00 0.00 0 0.00 FACILITY RENTAL 25.00 0 25.00 0 (25.00)

8,000.00 5,000 3,000.00 WORKING CAPITAL 78,500.00 55,000 23,500.00 80,000 1,500.00 328.77 0 328.77 LATE CHARGES 733.77 0 733.77 0 (733.77)323.50 0 323.50 COLLECTION FEE REVENUE 1,553.50 500 1,053.50 500 (1,053.50)

0.00 0 0.00 DONATIONS 0.12 0 0.12 0 (0.12)168.17 0 168.17 INTEREST 339.65 100 239.65 100 (239.65)

4,159.00 0 4,159.00 LEGAL FEE REVENUE 4,236.00 0 4,236.00 0 (4,236.00)¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯

101,734.92 97,748 3,986.92 NET TOTAL REVENUE 784,955.02 646,756 138,199.02 1,150,676 365,720.98

EXPENSES

ADMINISTRATIVE & GENERAL0.00 0 0.00 UNIFORMS 0.00 400 400.00 400 400.00 0.00 50 50.00 DESIGN REVIEW EXPENSE 10.50 350 339.50 600 589.50 0.00 0 0.00 LEGAL FEES - COLLECTIONS (1,246.00) 0 1,246.00 0 1,246.00

328.50 100 (228.50) COLLECTIONS 1,927.50 700 (1,227.50) 1,200 (727.50)451.71 155 (296.71) LICENSES, FEES, PERMITS 1,131.76 365 (766.76) 540 (591.76)

3,303.00 2,235 (1,068.00) MANAGEMENT FEES 18,738.00 14,700 (4,038.00) 26,325 7,587.00 0.00 75 75.00 MEETING EXPENSE 7.33 225 217.67 300 292.67

113.98 50 (63.98) OFFICE SUPPLIES 2,262.89 350 (1,912.89) 600 (1,662.89)10,591.90 13,426 2,834.10 PROFESSIONAL FEES 70,522.69 88,729 18,206.31 152,357 81,834.31

41.04 0 (41.04) POSTAGE 2,029.97 1,200 (829.97) 2,200 170.03 4,031.87 7,250 3,218.13 SOCIAL EVENTS 12,856.20 17,915 5,058.80 38,805 25,948.80

153.59 0 (153.59) MILEAGE/AUTO 303.35 0 (303.35) 0 (303.35)122.50 80 (42.50) STORAGE 1,257.50 560 (697.50) 960 (297.50)185.00 190 5.00 WEB HOSTING 1,333.17 1,330 (3.17) 2,280 946.83 150.00 70 (80.00) CLUB REFUSE REMOVAL 674.31 280 (394.31) 490 (184.31)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯19,473.09 23,681 4,207.91 TOTAL ADMIN & GENERAL 111,809.17 127,104 15,294.83 227,057 115,247.83

CONTRACT SERVICES0.00 75 75.00 CLEANING/JANITOR 209.47 225 15.53 375 165.53

141.76 0 (141.76) EQUIPMENT RENTAL 955.02 0 (955.02) 0 (955.02)0.00 0 0.00 PLAYGROUND INSPCTNS 96.49 1,800 1,703.51 1,800 1,703.51

27,306.44 22,000 (5,306.44) LANDSCAPE MAINT 128,632.86 145,000 16,367.14 255,000 126,367.14 7,774.96 0 (7,774.96) LANDSCAPE EXTRAS 35,108.29 50,000 14,891.71 50,000 14,891.71

0.00 0 0.00 SEASONAL COLOR 14,791.44 15,000 208.56 15,000 208.56 0.00 100 100.00 PET WASTE STATIONS 0.00 700 700.00 1,200 1,200.00

300.00 300 0.00 OFFICE RENTAL 2,100.00 2,100 0.00 3,600 1,500.00 0.00 80 80.00 PEST CONTROL 0.00 240 240.00 400 400.00

23,900.00 8,000 (15,900.00) POOL SERVICE 45,400.00 42,400 (3,000.00) 52,400 7,000.00 0.00 0 0.00 HOLIDAY LIGHTS 0.00 4,260 4,260.00 4,260 4,260.00 0.00 0 0.00 SNOW REMOVAL 28,240.72 9,000 (19,240.72) 18,000 (10,240.72)

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 212:23 PM OPERATING STATEMENT - DETAIL (UNAUDITED)

07/31/2019

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET


ANNUAL BUDGET

BUDGET REMAINING

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯59,423.16 30,555 (28,868.16) TOTAL CONTRACT SERVICE 255,534.29 270,725 15,190.71 402,035 146,500.71

REPAIRS & MAINTENANCE1,011.50 2,500 1,488.50 FENCES/WALLS 1,718.45 10,000 8,281.55 15,000 13,281.55 4,522.91 1,000 (3,522.91) IRRIGATION REPAIR 19,934.43 3,000 (16,934.43) 5,000 (14,934.43)

0.00 6,562 6,562.00 LANDSCAPE R&M 0.00 45,934 45,934.00 78,744 78,744.00 0.00 200 200.00 POOL REPAIRS 100.00 600 500.00 1,000 900.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯5,534.41 10,262 4,727.59 TOTAL REPAIRS & MAINT 21,752.88 59,534 37,781.12 99,744 77,991.12

PARTS & SUPPLIES2,811.88 400 (2,411.88) IRRIGATION SUPPLIES 5,893.09 1,600 (4,293.09) 2,800 (3,093.09)

0.00 1,000 1,000.00 LANDSCAPE SUPPLIES 540.00 3,000 2,460.00 4,000 3,460.00 880.00 250 (630.00) POOL PARTS & SUPPLIES 7,059.70 750 (6,309.70) 1,000 (6,059.70)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯3,691.88 1,650 (2,041.88) TOTAL PARTS & SUPPLIES 13,492.79 5,350 (8,142.79) 7,800 (5,692.79)

UTILITIES789.52 400 (389.52) ELECTRICITY 3,084.10 2,800 (284.10) 4,800 1,715.90 923.93 950 26.07 GAS 3,299.31 1,950 (1,349.31) 4,700 1,400.69

24,050.44 40,000 15,949.56 WATER/SEWER 61,039.78 72,000 10,960.22 174,000 112,960.22 0.00 0 0.00 WINTER WATERING 900.00 14,400 13,500.00 25,200 24,300.00

8,991.10 8,456 (535.10) REFUSE 57,755.38 55,617 (2,138.38) 99,597 41,841.62 555.84 400 (155.84) TELEPHONE/CABLE 7,419.05 2,800 (4,619.05) 4,800 (2,619.05)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯35,310.83 50,206 14,895.17 TOTAL UTILITIES 133,497.62 149,567 16,069.38 313,097 179,599.38

TAXES0.00 0 0.00 REAL ESTATE TAXES 277.56 0 (277.56) 0 (277.56)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯0.00 0 0.00 TOTAL TAXES 277.56 0 (277.56) 0 (277.56)

INSURANCE6.94 0 (6.94) OTHER INSURANCE 48.58 0 (48.58) 0 (48.58)

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯6.94 0 (6.94) TOTAL INSURANCE 48.58 0 (48.58) 0 (48.58)

123,440.31 116,354 (7,086.31) TOTAL OPER EXPENSES 536,412.89 612,280 75,867.11 1,049,733 513,320.11

(21,705.39) (18,606) (3,099.39) NET INCOME/(LOSS) BEFORE DEPR 248,542.13 34,476 214,066.13 100,943 (147,599.13)

(21,705.39) (18,606) (3,099.39) NET INCOME/(LOSS) AFTER DEPR 248,542.13 34,476 214,066.13 100,943 (147,599.13)––––––––– ––––––– ––––––––– ––––––––– ––––––– ––––––––– –––––––– ––––––––––

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07/31/2019



NET CHANGE

ASSETS

CASH - RESERVE FUNDCASH-RESERVES 117,238.71 117,193.91 44.80

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯ TOTAL CASH - RESERVE FUND 117,238.71 117,193.91 44.80

TOTAL ASSETS 117,238.71 117,193.91 44.80 ––––––––– ––––––––– –––––

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 212:23 PM BALANCE SHEET - RESERVES (UNAUDITED)

07/31/2019



NET CHANGE

LIABILITIES & FUND BALANCE

TOTAL LIABILITIES 0.00 0.00 0.00

FUND BALANCERESERVE FUND EQUITY 116,932.67 116,932.67 0.00 NET INCOME (LOSS) 306.04 261.24 44.80

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯ TOTAL FUND BALANCE 117,238.71 117,193.91 44.80

TOTAL LIABILITIES & FUND BALANCE 117,238.71 117,193.91 44.80 ––––––––– ––––––––– –––––

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 112:23 PM RESERVE STATEMENT - DETAIL (UNAUDITED)

07/31/2019

MONTHLY ACTUAL

MONTHLY BUDGET

MONTHLY VARIANCE

YEAR TO DATE ACTUAL

YEAR TO DATE BUDGET


ANNUAL BUDGET

BUDGET REMAINING

REVENUE44.80 0 44.80 RESERVE INTEREST 306.04 0 306.04 0 (306.04)¯¯¯¯¯ ¯¯ ¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯ ¯¯ ¯¯¯¯¯¯¯44.80 0 44.80 TOTAL INCOME 306.04 0 306.04 0 (306.04)

44.80 0 44.80 NET INCOME (LOSS) 306.04 0 306.04 0 (306.04)––––– –– ––––– –––––– –– –––––– –– –––––––

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 112:23 PM YEAR TO DATE ACTUAL - OPERATING

07/31/2019

GL ACCT # Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTALS

0401 OPERATING FEES 66,542 67,040 71,292 70,896 74,116 75,128 77,472 1,920 0 0 0 0 504,407 0403 BUILDER OPERATING FE 10,569 9,000 9,348 20,205 121,914 14,211 11,283 (10,920) 0 0 0 0 185,610 04060001 ACTIVITY INCOME 0 0 0 0 0 150 0 4,159 0 0 0 0 4,309 04060015 SOCIAL EVENTS 400 0 0 0 0 0 0 0 0 0 0 0 400 0416 FACILITY RENTAL 0 0 0 0 0 25 0 0 0 0 0 0 25 0434 WORKING CAPITAL 11,500 8,500 11,500 14,500 13,000 11,500 8,000 6,500 0 0 0 0 85,000 0441 LATE CHARGES 495 (15) (30) (30) 0 (15) 329 (60) 0 0 0 0 674 04410001 COLLECTION FEE REVEN 433 361 (161) 145 267 185 324 505 0 0 0 0 2,059 0450 DONATIONS 0 0 0 0 0 0 0 0 0 0 0 0 0 0451 INTEREST 135 64 (50) (2) 14 10 168 (17) 0 0 0 0 322 04590014 LEGAL FEE REVENUE 913 0 270 (663) (593) 150 4,159 (4,159) 0 0 0 0 77

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ NET TOTAL RE 90,988 84,950 92,170 105,051 208,718 101,344 101,735 (2,072) 0 0 0 0 782,883

EXPENSES

SALARIES & BENEFITS0505 SALARIES & BENEFITS 0 0 0 0 0 0 0 4,797 0 0 0 0 4,797

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL SALARI 0 0 0 0 0 0 0 4,797 0 0 0 0 4,797

ADMINISTRATIVE & GENERAL0554 DESIGN REVIEW EXPENS 0 0 0 11 0 0 0 0 0 0 0 0 11 0561 LEGAL FEES - COLLECT 913 0 (913) (1,246) 0 0 0 0 0 0 0 0 (1,246)05610001 COLLECTIONS 625 291 (94) 175 392 210 329 0 0 0 0 0 1,928 0563 LICENSES, FEES, PERM 113 113 113 113 113 113 452 0 0 0 0 0 1,132 0565 MANAGEMENT FEES 2,343 2,376 2,403 2,436 2,574 3,303 3,303 3,306 0 0 0 0 22,044 0567 MEETING EXPENSE 0 0 0 7 0 0 0 0 0 0 0 0 7 0569 OFFICE SUPPLIES 196 45 300 (88) 49 1,648 114 1,235 0 0 0 0 3,498 0571 PROFESSIONAL FEES 7,738 7,119 8,329 9,032 14,868 12,844 10,592 (3,957) 0 0 0 0 66,566 0572 POSTAGE 68 43 887 0 0 991 41 64 0 0 0 0 2,094 0575 SOCIAL EVENTS 0 93 119 978 1,301 6,334 4,032 5,712 0 0 0 0 18,568 0579 MISCELLANEOUS 0 0 0 0 0 0 0 (250) 0 0 0 0 (250)05790001 MILEAGE/AUTO 0 0 0 0 150 0 154 0 0 0 0 0 303 05790050 STORAGE 123 123 123 123 123 523 123 (490) 0 0 0 0 768 0590 WEB HOSTING 190 190 190 190 208 180 185 (555) 0 0 0 0 778 05990001 CLUB REFUSE REMOVAL 70 70 0 73 237 75 150 0 0 0 0 0 674

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL ADMIN 12,379 10,462 11,457 11,803 20,014 26,221 19,473 5,065 0 0 0 0 116,875

CONTRACT SERVICES0605 CLEANING/JANITOR 0 0 0 0 12 197 0 0 0 0 0 0 209 0611 EQUIPMENT RENTAL 142 144 142 102 142 142 142 (567) 0 0 0 0 388 06160500 PLAYGROUND INSPCTNS 0 38 0 0 0 59 0 900 0 0 0 0 996 0619 LANDSCAPE MAINT 13,724 13,724 13,724 19,451 19,451 21,252 27,306 19,451 0 0 0 0 148,084 06190001 LANDSCAPE EXTRAS 0 5,077 4,308 0 11,520 6,429 7,775 14,411 0 0 0 0 49,520 06190026 SEASONAL COLOR 0 0 0 0 0 14,791 0 0 0 0 0 0 14,791 0620 OFFICE RENTAL 300 300 0 0 900 300 300 (1,500) 0 0 0 0 600 0629 POOL SERVICE 0 0 0 0 13,500 8,000 23,900 0 0 0 0 0 45,400

08/28/2019 1CB INSPIRATION METROPOLITAN DISTRICT Page: 212:23 PM YEAR TO DATE ACTUAL - OPERATING

07/31/2019

GL ACCT # Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec TOTALS

0645 SNOW REMOVAL 11,698 11,996 6,763 (2,216) 0 0 0 0 0 0 0 0 28,241 ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯

TOTAL CONTRA 25,864 31,279 24,937 17,337 45,525 51,169 59,423 32,695 0 0 0 0 288,230

REPAIRS & MAINTENANCE0661 FENCES/WALLS 466 0 66 176 0 0 1,012 363 0 0 0 0 2,081 0665 IRRIGATION REPAIR 0 65 0 8,055 4,314 2,977 4,523 1,151 0 0 0 0 21,085 0683 POOL REPAIRS 0 0 0 0 100 0 0 0 0 0 0 0 100

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL REPAIR 466 65 66 8,230 4,414 2,977 5,534 1,513 0 0 0 0 23,266

PARTS & SUPPLIES0712 IRRIGATION SUPPLIES 0 0 0 0 172 2,909 2,812 2,749 0 0 0 0 8,642 0718 LANDSCAPE SUPPLIES 0 0 540 0 0 0 0 0 0 0 0 0 540 0719 POOL PARTS & SUPPLIE 0 1,191 0 105 245 4,639 880 0 0 0 0 0 7,060

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL PARTS 0 1,191 540 105 417 7,548 3,692 2,749 0 0 0 0 16,241

UTILITIES0751 ELECTRICITY 375 238 324 300 356 701 790 (102) 0 0 0 0 2,982 0753 GAS 47 42 50 48 54 2,134 924 (246) 0 0 0 0 3,053 0755 WATER/SEWER 566 488 828 475 1,180 33,453 24,050 5,301 0 0 0 0 66,341 07550010 WINTER WATERING 900 0 0 0 0 0 0 0 0 0 0 0 900 0756 REFUSE 7,582 7,797 7,979 8,217 8,629 8,560 8,991 9,241 0 0 0 0 66,996 0763 TELEPHONE/CABLE 2,247 728 1,146 813 790 1,140 556 786 0 0 0 0 8,205

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL UTILIT 11,718 9,293 10,327 9,853 11,008 45,987 35,311 14,980 0 0 0 0 148,478

TAXES0805 REAL ESTATE TAXES 0 278 0 0 0 0 0 0 0 0 0 0 278

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL TAXES 0 278 0 0 0 0 0 0 0 0 0 0 278

INSURANCE0863 OTHER INSURANCE 7 7 7 7 7 7 7 7 0 0 0 0 56

¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯ ¯¯ ¯¯ ¯¯ ¯¯¯¯¯¯¯ TOTAL INSURA 7 7 7 7 7 7 7 7 0 0 0 0 56

TOTAL OPER E 50,433 52,575 47,333 47,336 81,386 133,910 123,440 61,806 0 0 0 0 598,219

NET INCOME/(LOSS) BE 40,555 32,375 44,836 57,715 127,332 (32,566) (21,705) (63,878) 0 0 0 0 184,664

NET INCOME/(LOSS) AF 40,555 32,375 44,836 57,715 127,332 (32,566) (21,705) (63,878) 0 0 0 0 184,664 –––––– –––––– –––––– ––––––– ––––––– ––––––– ––––––– ––––––– –– –– –– –– –––––––

09/19/2019 8:49 AM Page: 1AP Check History Report.INSPIRATION METRO DISTR

For Checks Dated 08/08/2019 to 09/19/2019

For All Check Numbers Bank: 1CB05 MUTUAL OPERATING 1CB INSPIRATION COLORADO

Check Vendor Type Ck Date Void Date Recon Date Amount Vch # Invoice Proc Date Invoice Amt Amt Paid Disc TakenCheck Vendor Type Ck Date Void Date Recon Date Amount Vch # Invoice Proc Date Invoice Amt Amt Paid Disc Taken

001611 BRILA2 BrightView Landscape C 08/08/2019 08/31/2019 7,830.17 0.00 7,830.17 01205353 6438571 07/31/2019 7,500.00 7,500.00 0.00 01205947 3892071 08/05/2019 330.17 330.17 0.00

001612 WASCON Waste Connections of CO C 08/08/2019 08/31/2019 70.00 0.00 70.00 01206906 31176730002 08/08/2019 70.00 70.00 0.00

001613 PRDISP Pro Disposal & Recycling C 08/13/2019 08/31/2019 9,170.80 0.00 9,170.80 01208098 175832 08/13/2019 9,170.80 9,170.80 0.00

001614 &23983 Meritage Homes C 08/14/2019 1,026.00 0.00 1,026.00 01206770 CB0601000600 08/07/2019 126.00 126.00 0.00 01206771 CB0601000600 08/07/2019 126.00 126.00 0.00 01206772 CB0601000600 08/07/2019 126.00 126.00 0.00 01206773 CB0601000600 08/07/2019 126.00 126.00 0.00 01206774 CB0601000600 08/07/2019 378.00 378.00 0.00 01206775 CB0601000600 08/07/2019 144.00 144.00 0.00




001618 &23992 Meritage Homes C 08/14/2019 1,026.00 0.00 1,026.00 01206861 CB0602003700 08/08/2019 126.00 126.00 0.00 01206862 CB0602003700 08/08/2019 126.00 126.00 0.00 01206863 CB0602003700 08/08/2019 126.00 126.00 0.00





01206864 CB0602003700 08/08/2019 126.00 126.00 0.00 01206865 CB0602003700 08/08/2019 378.00 378.00 0.00 01206866 CB0602003700 08/08/2019 144.00 144.00 0.00

001619 VERW01 VERIZON WIRELESS C 08/15/2019 08/31/2019 201.32 0.00 201.32 01208903 670643929-92 08/15/2019 201.32 201.32 0.00

001620 kayhic Kaylin Hicks C 08/15/2019 08/31/2019 273.59 0.00 273.59 01208918 EXP07312019 07/31/2019 120.00 120.00 0.00 01208920 MIL07312019 07/31/2019 78.65 78.65 0.00 01208921 MIL06302019 07/31/2019 74.94 74.94 0.00

001621 XCELEN XCEL ENERGY M 08/16/2019 08/31/2019 1,094.25 0.00 1,094.25 01209041 530011262272 08/16/2019 1,094.25 1,094.25 0.00

001622 XCELEN XCEL ENERGY M 08/16/2019 08/31/2019 11.44 0.00 11.44 01209042 530011376969 08/16/2019 11.44 11.44 0.00



001625 CENTWA CENTURYLINK M 08/16/2019 08/31/2019 314.85 0.00 314.85 01209052 7208709854 08/16/2019 314.85 314.85 0.00

001626 CAPCON CAPITAL CONSULTANTS MGMT C 08/19/2019 08/31/2019 5,662.33 0.00 5,662.33 01209223 PPE08162019 08/19/2019 5,662.33 5,662.33 0.00

001627 LETINC LETTERSTREAM C 08/21/2019 08/31/2019 64.24 0.00 64.24 01210114 2130651 08/21/2019 64.24 64.24 0.00

001628 V 08/22/2019 08/22/2019 0.00001629 BRILA2 BrightView Landscape C 08/22/2019 29,841.99 0.00 29,841.99 01209777 3898623 08/20/2019 445.15 445.15 0.00 01209784 6430689 08/20/2019 19,451.00 19,451.00 0.00 01209785 3907052 08/20/2019 441.91 441.91 0.00 01209786 6442137 08/20/2019 7,571.43 7,571.43 0.00 01209787 3906887 08/20/2019 460.11 460.11 0.00 01209788 3906888 08/20/2019 434.74 434.74 0.00 01209790 3906893 08/20/2019 327.17 327.17 0.00 01209791 3906894 08/20/2019 467.35 467.35 0.00 01209834 3915456 08/20/2019 243.13 243.13 0.00

001630 CLILAR CLIFTONLARSONALLEN LLP C 08/22/2019 08/31/2019 3,202.38 0.00 3,202.38





01209959 2221262 08/20/2019 3,202.38 3,202.38 0.00

001631 FUNSER Fun Services Inc C 08/22/2019 08/31/2019 1,171.92 0.00 1,171.92 01209829 53721 08/20/2019 1,171.92 1,171.92 0.00

001632 KAISTA Kaitlyn Standing C 08/22/2019 180.00 0.00 180.00 01209818 200-7 08/20/2019 180.00 180.00 0.00

001633 KENNEL Kenneth Nelson dba C 08/22/2019 200.00 0.00 200.00 01209801 08092020-INS 08/20/2019 200.00 200.00 0.00

001634 KUMASS Kumar & Associates Inc C 08/22/2019 08/31/2019 330.00 0.00 330.00 01209889 192179 08/20/2019 330.00 330.00 0.00

001635 LAUDAM LAURIE DAMERON C 08/22/2019 230.00 0.00 230.00 01209797 2019AUGINV 08/20/2019 230.00 230.00 0.00

001636 MANHCO Manhard Consulting Ltd C 08/22/2019 29,128.75 0.00 29,128.75 01210037 46823 08/20/2019 4,262.50 4,262.50 0.00 01210038 45835 08/20/2019 22,027.50 22,027.50 0.00 01210039 43825 08/20/2019 1,778.75 1,778.75 0.00 01210040 42987 08/20/2019 1,060.00 1,060.00 0.00

001637 PEOREA PeopleReady Inc C 08/22/2019 08/31/2019 3,982.32 0.00 3,982.32 01209798 24971903 08/20/2019 447.81 447.81 0.00 01209799 24990792 08/20/2019 1,404.51 1,404.51 0.00 01209800 24990793 08/20/2019 930.00 930.00 0.00 01209858 25014147 08/20/2019 1,200.00 1,200.00 0.00

001638 ROCPLA Rocky Mntn Playground C 08/22/2019 7,740.00 0.00 7,740.00 01209774 43 08/20/2019 250.00 250.00 0.00 01209775 41 08/20/2019 650.00 650.00 0.00 01209820 55 08/20/2019 6,840.00 6,840.00 0.00

001639 TWOBRE Two22 Brewery C 08/22/2019 08/31/2019 655.00 0.00 655.00 01209813 8061-080219 08/20/2019 150.00 150.00 0.00 01209918 8061-080919 08/20/2019 505.00 505.00 0.00

001640 WHIBEA WHITE, BEAR & ANKELE C 08/22/2019 08/31/2019 12,935.38 0.00 12,935.38 01209808 6009 08/20/2019 12,165.88 12,165.88 0.00 01209833 6413 08/20/2019 769.50 769.50 0.00

001641 &24041 Weekly Homes C 08/23/2019 1,026.00 0.00 1,026.00 01210551 CB0805000200 08/23/2019 1,026.00 1,026.00 0.00

001642 CYNBOY Cynthia Boyd C 08/23/2019 08/31/2019 725.00 0.00 725.00





01210259 08222019 08/22/2019 725.00 725.00 0.00

001643 AURWAT CITY OF AURORA M 08/27/2019 08/31/2019 1,230.95 0.00 1,230.95 01210804 155174 08/27/2019 1,230.95 1,230.95 0.00

001644 AURWAT CITY OF AURORA M 08/27/2019 08/31/2019 12.01 0.00 12.01 01210805 155240 08/27/2019 12.01 12.01 0.00






















001662 XCELEN XCEL ENERGY M 08/29/2019 15.71 0.00 15.71 01211665 304087221 08/29/2019 15.71 15.71 0.00







001669 WASCON Waste Connections of CO M 08/29/2019 08/31/2019 50.00 0.00 50.00 01211929 31176730001 08/29/2019 50.00 50.00 0.00

001670 capcon CAPITAL CONSULTANTS MGMT C 08/29/2019 1,008.00 0.00 1,008.00 01211822 1cb14567 08/29/2019 78.00 78.00 0.00 01211823 570166 08/29/2019 930.00 930.00 0.00

001671 BLUCAN BLUE CANYON BOYS C 08/29/2019 1,000.00 0.00 1,000.00 01210800 09132019 08/27/2019 1,000.00 1,000.00 0.00

001672 BRILA2 BrightView Landscape C 08/29/2019 1,079.84 0.00 1,079.84 01210594 3923108 08/24/2019 369.01 369.01 0.00





01210595 3923110 08/24/2019 153.83 153.83 0.00 01211279 3923114 08/27/2019 130.33 130.33 0.00 01211460 3936095 08/27/2019 256.06 256.06 0.00 01211461 3936096 08/27/2019 170.61 170.61 0.00

001673 CRACHA CraftyChassis LLC C 08/29/2019 237.50 0.00 237.50 01210799 41 08/27/2019 237.50 237.50 0.00

001674 PEOREA PeopleReady Inc C 08/29/2019 814.20 0.00 814.20 01211296 25035066 08/27/2019 814.20 814.20 0.00

001675 PHIVOL Phil Volan C 08/29/2019 230.00 0.00 230.00 01209802 9-6-19 08/20/2019 230.00 230.00 0.00

001676 lewbri Lewis Brisbois Bisgaard C 08/30/2019 1,000.00 0.00 1,000.00 01212285 1cb08302019 08/30/2019 1,000.00 1,000.00 0.00

001677 capcon CAPITAL CONSULTANTS MGMT C 09/03/2019 8,441.70 0.00 8,441.70 01212648 SEP2019-MF 09/01/2019 3,267.00 3,267.00 0.00 01212685 PPE08302019 08/31/2019 5,174.70 5,174.70 0.00

001678 CRACHA CraftyChassis LLC C 09/05/2019 237.50 0.00 237.50 01212859 000042 09/03/2019 237.50 237.50 0.00

001679 PROELE PRODUCTIVE ELECTRIC LLC C 09/05/2019 988.00 0.00 988.00 01212907 39-1364 09/03/2019 988.00 988.00 0.00

001680 TWOBRE Two22 Brewery C 09/05/2019 340.98 0.00 340.98 01212840 8061-081619 09/03/2019 145.00 145.00 0.00 01212860 8061-082419 09/03/2019 195.98 195.98 0.00

001681 CENTWA CENTURYLINK M 09/05/2019 269.85 0.00 269.85 01213326 3036930423 09/05/2019 269.85 269.85 0.00

001682 CENTWA CENTURYLINK M 09/05/2019 314.85 0.00 314.85 01213341 7208709854 09/05/2019 314.85 314.85 0.00

001683 TAMTAY Artistic Events C 09/06/2019 750.00 0.00 750.00 01213487 I091319 09/06/2019 750.00 750.00 0.00

001684 XCELEN XCEL ENERGY C 09/06/2019 135.89 0.00 135.89 01213771 304522921 09/06/2019 135.89 135.89 0.00

001685 kayhic Kaylin Hicks C 09/07/2019 199.48 0.00 199.48 01213859 MIL08312019 08/31/2019 143.03 143.03 0.00 01213860 EXP08312019 08/31/2019 56.45 56.45 0.00





001686 WASCON Waste Connections of CO M 09/10/2019 70.00 0.00 70.00 01214176 31176730002 09/10/2019 70.00 70.00 0.00

001687 AURWAT CITY OF AURORA M 09/12/2019 1,375.15 0.00 1,375.15 01214970 155174 09/12/2019 1,375.15 1,375.15 0.00

001688 AURWAT CITY OF AURORA M 09/12/2019 12.01 0.00 12.01 01214971 155240 09/12/2019 12.01 12.01 0.00










001698 XCELEN XCEL ENERGY M 09/12/2019 1,076.31 0.00 1,076.31 01215031 530011262272 09/12/2019 1,076.31 1,076.31 0.00










001704 PRDISP Pro Disposal & Recycling C 09/12/2019 9,397.80 0.00 9,397.80 01214980 175832 09/12/2019 9,397.80 9,397.80 0.00

001705 &24142 SHARON MACWAY C 09/12/2019 216.00 0.00 216.00 01211556 CB6010003602 08/28/2019 216.00 216.00 0.00

001706 ACLELI A Clean Living C 09/12/2019 140.00 0.00 140.00 01214038 12676 09/09/2019 140.00 140.00 0.00

001707 AINCOL Ainslie Cole C 09/12/2019 1,200.00 0.00 1,200.00 01209792 071219 08/20/2019 1,200.00 1,200.00 0.00

001708 V 09/12/2019 09/12/2019 0.00001709 BRILA2 BrightView Landscape C 09/12/2019 41,936.16 0.00 41,936.16 01213266 6485930 09/04/2019 18,745.00 18,745.00 0.00 01213267 3944462 09/04/2019 228.70 228.70 0.00 01213268 3944461 09/04/2019 211.92 211.92 0.00 01213276 6476211 09/04/2019 19,451.00 19,451.00 0.00 01213277 3944463 09/04/2019 411.18 411.18 0.00 01213278 3944464 09/04/2019 394.12 394.12 0.00 01213279 3944465 09/04/2019 462.57 462.57 0.00 01213280 3944466 09/04/2019 321.28 321.28 0.00 01214603 3832856 09/10/2019 1,326.78 1,326.78 0.00 01214673 3948037 09/10/2019 383.61 383.61 0.00

001710 CITAUR City of Aurora C 09/12/2019 1,647.00 0.00 1,647.00 01212986 582962 09/04/2019 1,647.00 1,647.00 0.00

001711 PEOREA PeopleReady Inc C 09/12/2019 854.91 0.00 854.91 01214679 25091245 09/10/2019 854.91 854.91 0.00

001712 STAAD2 Staples Advantage LA C 09/12/2019 206.58 0.00 206.58 01213283 3422958781 09/04/2019 206.58 206.58 0.00

001713 CAPCON CAPITAL CONSULTANTS MGMT C 09/16/2019 5,568.95 0.00 5,568.95 01215618 PPE09132019 09/16/2019 5,568.95 5,568.95 0.00





001714 VERW01 VERIZON WIRELESS C 09/16/2019 221.95 0.00 221.95 01215695 670643929-92 09/16/2019 221.95 221.95 0.00







001721 XCELEN XCEL ENERGY C 09/17/2019 0.50 0.00 0.50 01216099 304522921 09/17/2019 0.50 0.50 0.00

Bank Totals for all Check Types Except D 247,471.48 0.00 247,471.48

Total Number of Checks 111

Draft 4 Sept, 2019

1

INSPIRATION COMMON AREA VOLUNTEER GUIDELINES

1. Overview These guidelines provides the framework for enabling volunteer focus and attention to planted street corners and other shared space areas within the Inspiration Metropolitan District (District).

2. Volunteer Guidelines Efforts provided by volunteers are intended to supplement, not replace or circumvent, efforts by District staff or District contractors such as the landscaping maintenance service. These efforts will typically provide attention to a level of detail that isn’t practical by the District or will provide areas with follow-up attention between the periodic nature of District maintenance efforts.

Sample tasking encouraged of the volunteers includes the following:

• Periodic walk-by or walk-through inspection for items requiring attention. Concerns beyond the scope of the volunteer level should be reported to the District

• Clean up non-hazardous trash and refuse

• Pickup of dog excrement and animal scat

• Leaf and pine needle cleanup4

• Removal of minor debris from drainage grates

• Removal of signs and other postings not in accordance with District guidelines5

• Maintain clean border around planting areas. This might include removing displaced rocks/mulch from the grass areas and pulling grass and weed shoots from rock/mulch areas.

• Removal of grass and weeds growing within shrub crowns and underneath evergreen trees6

• If practical, participation in periodic walk-arounds conducted by District staff in order to improve communication of area observations and concerns9

Draft 4 Sept, 2019

2

• Removal of noxious weeds and plants identified by the District10

• Remove grass from around tree trunks11

Unless specific authorization has been provided by the District, the following tasking is neither expected nor allowed to be completed by volunteer efforts. Rather, concerns in these areas should be reported to the District for resolution:

• Modifications or repairs to any system, structure or article installed by or for the District, such as electrical, lighting, irrigation, fencing, furniture or other park amenities.

• Removal, replacement, transplant, relocation, or addition of flowers, shrubs and trees12,13

• Seeding or sodding of grass areas

• Application of any compounds in any form such as insecticides, herbicides, fungicides or fertilizer

• Poisoning, trapping or any other efforts that are intended to remove or discourage rodent or other animal activity

• Snow removal14

• Installation of holiday lighting or decorations15

• Adjustments to drainage flow patterns

3. Notes These superscripted notes are provided in early drafts for explanatory reasons or for the purpose of raising discussions during draft review. Review notes for applicability and removal before publishing final draft.

Note 4 - Including leaf cleanup as a volunteer task might be a bit open ended and perhaps asking too much. Compromise would be to add a “when excessive leaves are trapped in plantings”. Is pine needle removal from under trees desirable, or is it best left as a groundcover/mulch?

Note 5 - The focus on sign removal are signs that are placed and just left on a permanent basis (swim splash, junk removal, etc.). Realtors and the homebuilders seem to do a fair enough job of picking their signs back up. Probably should expand the statement here to refer to the specific document giving the District guidance on signage.

Note 6 - The District landscape service is not on contract to mechanically remove any weeds, and weeds growing within shrub crowns or underneath evergreen trees cannot be

Draft 4 Sept, 2019

3

adequately sprayed without risk to the shrub or tree – hence the need for mechanical weed pulling.

Note 9 - Volunteer participation in District walk-arounds assumes District can schedule these ahead of time and communicate that schedule to the AACC or the volunteer(s) involved

Note 10 - The assumption here is that the District has or can come up with a list of particularly offensive noxious weeds & plants that it wants to see removed whenever and wherever found. If so, can the District or CAC provide a pictorial summary showing what these are?

Note 11 – The idea behind removing grass from around tree trunks is to reduce or eliminate trunk damage from repetitive passes of a weed trimmer. If this remains, likely need to suggest a distance from the trunk to be cleared.

Note 12 - Possible exception to this would be removal of dead annuals, whether in-season or at season end. But would everyone properly identify annual vs perennial?

Note 13 – May require clarification on perennials. Trimming back at end of season, possibly keeping propagation in check, etc.

Note 14 - Snow removal is listed as not expected or allowed because many volunteers OK with general upkeep may not want or be able to do it. It may involve a city of Aurora timeliness requirement that may not be readily imposed on volunteer support. There may also be liability concerns with the quality, timing or frequency of the snow removal. For example, who is liable if a volunteer shovels snow and ice later forms on the cleared area?

Note 15 - Holiday decorations and lighting are excluded in order to ensure consistency across the community. Possible exception might be installation of decorations and lighting provided by the District, installed in accordance with a design or layout also provided by the District.

Draft 3 Sept, 2019

1

INSPIRATION ADOPT-A-CORNER CORPS

1 Overview The Inspiration Adopt-A-Corner Corps1 (AACC) operates under sponsorship of the Inspiration Common Area Committee (CAC)2. The AACC provides the framework for enabling volunteer focus and attention to planted street corners and other shared space areas within the Inspiration Metropolitan District (District).

2 Volunteer Tasking Efforts provided by AACC volunteers are intended to supplement, not replace or circumvent, efforts by District staff or District contractors such as the landscaping maintenance service. AACC efforts will typically provide attention to a level of detail that isn’t practical by the District or will provide areas with follow-up attention between the periodic nature of District maintenance efforts.

Sample tasking encouraged of the AACC volunteers includes the following:

• Periodic walk-by or walk-through inspection for items requiring attention. Concerns beyond the scope of the AACC volunteer level should be reported to the District

• Clean up non-hazardous trash and refuse • Pickup of dog excrement and animal scat • Leaf and pine needle cleanup4 • Removal of minor debris from drainage grates • Removal of signs and other postings not in accordance with District guidelines5 • Maintain clean border around planting areas. This might include removing

displaced rocks/mulch from the grass areas and pulling grass and weed shoots from rock/mulch areas.

• Removal of grass and weeds growing within shrub crowns and underneath evergreen trees6

• Reapplication of mulch, using material provided by the District7,8 • If practical, participation in periodic walk-arounds conducted by District staff in

order to improve communication of area observations and concerns9 • Removal of noxious weeds and plants identified by the District10 • Remove grass from around tree trunks11 • TBD – some perennials will profusely propagate through runners and root

shoots. Clarification is needed on whether volunteers can/should do anything with this. Not sure allowing the propagation to occur on rock beds is a good long-term plan. Perhaps leave alone on mulched beds but remove on rock beds?

Draft 3 Sept, 2019

2

• TBD – would painting apply anywhere and thus might be included as a possible volunteer task? Would want to state that paint is provided by the District/CAC or follows District/CAC specifications

Unless specific authorization has been provided by the CAC2, the following tasking is neither expected nor allowed to be completed by volunteer efforts. Rather, concerns in these areas should be reported to the District for resolution:

• Modifications or repairs to any system, structure or article installed by or for the District, such as electrical, lighting, irrigation, fencing, furniture or other park amenities.

• Removal, replacement, transplant, relocation, or addition of flowers, shrubs and trees12,13

• Seeding or sodding of grass areas • Application of any compounds in any form such as insecticides, herbicides,

fungicides or fertilizer • Poisoning, trapping or any other efforts that are intended to remove or

discourage rodent or other animal activity • Snow removal14 • Installation of holiday lighting or decorations15 • Adjustments to drainage flow patterns

3 Execution TBD – Likely best to draft this after resolution of various questions (see separate list)

4 Notes These superscripted notes are provided in early drafts for explanatory reasons or for the purpose of raising discussions during draft review. Review notes for applicability and removal before publishing final draft.

Note 1 - Use of corps instead of club was used as a precautionary approach in case there is a reluctance to refer to it as a club. Could be called club just as easily

Note 2 – CAC sponsorship assumes the CAC charter gives it the authority to do so. If not, it likely reverts to the District.

Note 3 – (placeholder)

Note 4 - Including leaf cleanup as a volunteer task might be a bit open ended and perhaps asking too much. Compromise would be to add a “when excessive leaves are trapped in

Draft 3 Sept, 2019

3

plantings”. Is pine needle removal from under trees desirable, or is it best left as a groundcover/mulch?

Note 5 - The focus on sign removal are signs that are placed and just left on a permanent basis (swim splash, junk removal, etc.). Realtors and the homebuilders seem to do a fair enough job of picking their signs back up. Probably should expand the statement here to refer to the specific document giving the District guidance on signage.

Note 6 - The District landscape service is not on contract to mechanically remove any weeds, and weeds growing within shrub crowns or underneath evergreen trees cannot be adequately sprayed without risk to the shrub or tree – hence the need for mechanical weed pulling.

Note 7 - Volunteer reapplication of mulch assumes this isn’t something done by the landscape contractor. Is that a valid assumption?

Note 8 - Use of mulch material provided by the District is assumed in order to ensure consistent quality, color, etc. of all mulch beds within Inspiration. Would the District/CAC have a “mulch day” where a few yards of mulch are brought in for volunteers to apply to their supported areas?

Note 9 - Volunteer participation in District walk-arounds assumes District can schedule these ahead of time and communicate that schedule to the AACC or the volunteer(s) involved

Note 10 - The assumption here is that the District has or can come up with a list of particularly offensive noxious weeds & plants that it wants to see removed whenever and wherever found. If so, can the District or CAC provide a pictorial summary showing what these are?

Note 11 – The idea behind removing grass from around tree trunks is to reduce or eliminate trunk damage from repetitive passes of a weed trimmer. If this remains, likely need to suggest a distance from the trunk to be cleared.

Note 12 - Possible exception to this would be removal of dead annuals, whether in-season or at season end. But would everyone properly identify annual vs perennial?

Note 13 – May require clarification on perennials. Trimming back at end of season, possibly keeping propagation in check, etc.

Note 14 - Snow removal is listed as not expected or allowed because many volunteers OK with general upkeep may not want or be able to do it. It may involve a city of Aurora timeliness requirement that may not be readily imposed on volunteer support. There may also be liability concerns with the quality, timing or frequency of the snow removal. For example, who is liable if a volunteer shovels snow and ice later forms on the cleared area?

Note 15 - Holiday decorations and lighting are excluded in order to ensure consistency across the community. Possible exception might be installation of decorations and lighting

Draft 3 Sept, 2019

4

provided by the District, installed in accordance with a design or layout also provided by the District.

Budget Year: 2020


DRAFT - MONTHLY OPERATING BUDGET

GL ACCT # INCOME 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0401 OPERATING FEES 1,068,200 842,400 868,534 199,666 23%

Assumptions:

Projecting 175 new closed homes from builder to owner in 2020 vs. projected 180 in 2019 Projection vs. 160 in 2019 Budget

End of 2019 having 815 homes closed to homeowners.

Operating Fee Increase by 2% ($6/quarter more) for inflation = $294/quarter per lot / $98/month per lot / $1176/year per lot

Exceeded 2019 Budget vs. Actuals by approx. 3%

0403 BUILDER OPERATING FEES 203,056 226,176 312,495 -109,439 -35%

136 developer to builder closings.

In 2019 ending with 273 lots sold to builders.

In 2019 we had backbilling for builders lots, there was a boost from 2019.

Operating Fee Increase by 2% ($3/quarter more) = $147/quarter per lot / $49/month per lot / $588/year per lot

Note this number is decreased from previous years as there are less lots sold to builders. Note that when lots are sold from builder to

homeowner they are reflected in the Operating Fees line.

0434 WORKING CAPITAL 105,500 80,000 100,500 5,000 5%

Assumptions: Selling 175 homes from builder to owner in 2020

36 Resales

$500 per Sale and Resale

04060015 SOCIAL EVENTS 0 1,500 1,300 -1,300 -100%

All food trucks and fitness are paid directly to vendor from resident

All sponsorship paid directly by vendor so no income will be represented in the district budget.

0416 FACILITY RENTAL 200 0 200 0 0% Estimated 2 rentals per month ($25.00 per rental) during the pool season.

04410001 COLLECTION FEE REVENUE 1,800 500 1,230 570 46% Collection Fee Revenue which is offset by the Collection Expense - $0.00 to district.

0451 INTEREST 480 100 400 80 20% Interest earned on the Mutual accounts for Operating and Interest charged to homeowners.

04590014 LEGAL FEE REVENUE 0 0 77 -77 -100% Any revenue that legal collect from collections.0441 LATE CHARGES 0 0 405 -405 -100% For any late charges of homeowners.

TOTAL INCOME 1,379,236 1,150,676 1,285,291 93,945 7.31%

1,379,236 3%Expenses

GL ACCT # ADMIN & GENERAL 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0565 MANAGEMENT FEES 38,970 26,325 29,295 9,675 33%

$1.50/unit/month per the management agreement for builders (136) and $3.00/unit/month for homeowner lots (175). Increases

with the more homes and lots sold.

05790001 MILEAGE/AUTO 1,560 0 150 1,410 940% Mileage for Violations/Meetings/Inspections for Maintenance Tech, Manager and Lifestyle Director.

0547 UNIFORMS 200 400 200 0 0% Uniforms for Maintenance Tech's so individuals know who they are.

0554 DESIGN REVIEW EXPENSE 936 600 936 0 0% Nothing allocated for this expense.

05610001 COLLECTIONS 1,800 1,200 2,199 -399 -18% Estimate from previous years.

2020 RESERVE STUDY 3,600 0 0 3,600 0% New reserve study will expected to be bid and completed in 2020.

0563 LICENSES, FEES, PERMITS 604 540 1,008 -404 -40% Computer software for 2 computers. Increase in January for 2 adobe yearly subscriptions.

0567 MEETING EXPENSE 600 300 157 443 282% Based off of meeting schedule. Allocation for monthly board meetings. Board discussion on schedule.

0569 OFFICE SUPPLIES 1,400 600 750 650 87% Includes: Office Supplies & Business Cards

0571 PROFESSIONAL FEES 191,599 152,357 136,984 54,615 40%

Increase reflects additional .8 (.6 Admin; .2 is combination of lifestyle and maintenance) FTE administrative support and small

additional hours to maintenance and lifestyle. 2.56 Total FTE in 2020 compared to 1.74 Total FTE in 2019

Full Time Manager (with Benefits)

Lifestyle Director Offsite: 750 Hours (increase from 500 hours from 2019) (with Benefits)

Part Time Maintenance 24 hrs/week (increase from 20 hours)

Part time Admin (addition from 2019)

0572 POSTAGE 7,154 2,200 2,989 4,165 139%

($1.25 per household) Quarterly Printed Newsletters, Printed Budget, Violation Stamps and Letters, and Collection Notes

Revised Guideline printing for discussion as it is not allocated in this budget.

0575 SOCIAL EVENTS 41,330 38,805 36,965 4,365 12%

Increased 7% due to increased amount of homes. Per home cost decreased. Will continue to get sponsorships and will be adjusting

programming with the same funds.

05790050 STORAGE 1,470 960 1,618 -148 -9% Offsite Storage.

0590 WEB HOSTING 2,480 2,280 2,288 192 8% Includes website domain, website, reservations and email communication05690020 KEY FOB EXPENSE 1,062 0 1,300 -238 -18% $5.11 per key fob + bags and labels. This expense was calculated in office supplies in 2019.

TOTAL ADMIN & GENERAL 294,765 226,567 216,839 77,926 35.94%

Last Updated: 9/24/2019

9:14 AM 1 of 3

Budget Year: 2020



294,765

GL ACCT # CONTRACT SERVICES 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

05990001 CLUB REFUSE REMOVAL 530 490 490 40 8% Inspiration Club (April - October)

0605 CLEANING/JANITOR 750 375 434 316 73%

Includes 1 deep clean of restrooms at the Inspiration Club and 1 deep clean of the grill a month during summer season.

Daily bathroom cleaning done by Perfect Pools.

06160500 PLAYGROUND INSPCTNS 1,300 1,800 97 1,203 1240% Includes 2 low maintenance inspections a year / 2019 had repairs in this line item as well.

0619 LANDSCAPE MAINT 281,417 255,000 233,326 48,091 21%

Brightview Contract: Current (60) Tracts as of 8-26-19: 20,035/month for regular maintenance. In June of 2020 we are anticipating

Filing 8 Tract F, Filing 8 Tract A, Filing 10 C and D, and Filing 14 A and B turned over for an addition $5856/month.

06190026 SEASONAL COLOR 9,790 15,000 14,791 -5,001 -34% Annuals and additional perennials for all district owned areas and anticipated added areas (near bird wall entrance on Gartrell)

0620 OFFICE RENTAL 4,836 3,600 3,600 1,236 34% For Distirct Office in Hilltop Club and Printer Shared Cost.

0625 PEST CONTROL 2,600 400 240 2,360 983% Pest Control (as needed)

0629 POOL SERVICE 61,000 52,400 52,400 8,600 16%

Perfect Pools Contract

State mandated minimum wage increase for 2020 of another .90 cents per hour. This is the last increase from the four year state

plan. Also included as requested is the fee to haul all pool furniture and pool cover in the spring and fall. There are two extra days in

the month of May that the pool will be open in the Summer of 2020. In addition, there will be daily maintenance of the pool when

lifeguards are not on in August and September.

06390002 HOLIDAY LIGHTS 2,260 4,260 0 2,260 0%

Includes install of current LED lights

southern entrance should be maintained by Newland

0645 SNOW REMOVAL 32,500 18,000 37,241 -4,741 -13%

Common Area Snow Removal based off of actuals from 2019. Please note that winter watering can offset this more if not used due to

a heavy season.

06190001 LANDSCAPE EXTRAS 85,600 50,000 50,000 35,600 71%

Native Reseed and Blanket, Repair of Drainage, Gartrell Island Renovation, Cataba park bed extension and replacements In addition

to regular maintenance this budget also allows for tree spray, mite spray, additional weed spray, allocation for reseeding and

replacements.

0611 EQUIPMENT RENTAL 0 0 814 -814 -100% Allocated in 2020 in Office Rental.

06190030 PET WASTE STATIONS 4,000 1,200 4,000 0 0% For (10) dog waste stations and installation with assistance from the committee. This came out of Landscape extras for 2019.

TOTAL CONTRACT SERVICES 486,583 402,525 397,433 89,150 22.43%

486,583

GL ACCT # REPAIRS & MAINTENANCE 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0661 FENCES/WALLS 15,600 15,000 15,000 600 4% To include fences, wall and light posts

0665 IRRIGATION REPAIR 34,000 5,000 18,411 15,589 85%

Irrigation Repair Estimate. In 2019 there were $20,000 in repairs from August. We will be adding additional landscaping next year

which is why there is an estimated increase to repairs.

0683 POOL REPAIRS 1,000 1,000 700 300 43% For pool repairs

06520001 POOL GATES 200 0 0 200 0%

Repairs for Security System and Door Repair. Looking into another system that wouldn't require internet and be utilized on all district

amenties such as the tennis courts and potential dog park.

06540002 PATH/TRAIL MAINT 1,200 0 0 1,200 0% For trail and pathway repairs. No allocation at this time. Board discussion.

06550004 PARK AND COURT MAINTANENCE 1,200 0 0 1,200 0% For park and tennis court maintenance

0659 ELECTRICAL REPAIR 1,200 0 0 1,200 0% Irrigation and amenity electrical repairs

06630006 PLAYGROUND MAINTENANCE 1,200 0 0 1,200 0% For playground repairs and maintenance

06830003 POOL FURNITURE/REPAIR 1,000 0 0 1,000 0% To replace kid chairs with more durable chairs. $100 estimate per chair for 10 chairs.

0687 COMMON AREA R&M 400 0 0 400 0% Fire Pit and Hops Garden Repairs and Maintenance06720008 LANDSCAPE R&M 100,000 78,744 39,372 60,628 154% (Estimate) For drainage and common area repairs in Del Norte and E Bailey

TOTAL REPAIRS & MAINTENANCE 157,000 99,744 73,483 83,517 113.65%

157,000

GL ACCT # PARTS & SUPPLIES 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0712 IRRIGATION SUPPLIES 6,500 2,800 2,800 3,700 132% Irrigation Supplies for Repairs

0718 LANDSCAPE SUPPLIES 0 4,000 2,540 -2,540 -100% Allocated in other areas for 2020.0719 POOL PARTS & SUPPLIES 2,500 1,000 6,680 -4,180 -63% A portion of the pool parts and supplies is now allocated in pool repairs for 2020.

TOTAL PARTS & SUPPLIES 9,000 7,800 12,020 -3,020 -25.12%


9:14 AM 2 of 3

Budget Year: 2020



9,000

GL ACCT # UTILITIES & REFUSE 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0751 ELECTRICITY 6,750 4,800 4,694 2,056 44% Average of Electricity for Common Areas

0753 GAS 5,950 4,700 6,075 -125 -2% Average of Gas

0755 WATER/SEWER 160,500 174,000 137,000 23,500 17% Under budget for water for 2019. Increased water usage for 2020 due to additional tracts that the district could take over.

07550010 WINTER WATERING 31,500 25,200 11,700 19,800 169% Winter Watering (if needed); increased from previous years due to increase of ownership of land and plant materials.

0756 REFUSE 128,620 99,597 101,200 27,420 27%

Resident Trash and Recycling - Increase by 4% per unit ($11.80 per unit/month); The more homes that are sold, the more this will

increase.

0763 TELEPHONE/CABLE 5,904 4,800 9,264 -3,360 -36%

Internet for Inspiration Club Key Access System and Security System

Manager Phone

TOTAL UTILITIES 339,224 313,097 269,933 69,291 25.67%

339,224

GL ACCT #MISC

(Insurance & Taxes)2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0805 REAL ESTATE TAXES 0 0 278 -278 -100%

In 2019 we paid for taxes on land that we took over in 2018 that was owned by Newland Communities. The prorated amount of taxes

was for the remainder of the year. The district does not pay on any other taxes.

0863 OTHER INSURANCE 83 0 42 41 98% For Surety Bonds

TOTAL MISC 83 0 278 -278 -70.04%

0

TOTAL EXPENSE 1,286,656 1,049,733 969,986 316,586 32.65%

1,286,656

NET INCOME(LOSS) 92,580 100,943 315,305 -222,641 -70.64%

GL ACCT #PROJECTED TRANSFER OF FUNDS TO

CAPITAL PROJECT FUND2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0 0 0 194,000 -194,000 -100.00% Additional Funds for Storm Channel (Drop Structure) Settlement Estimated Cost Over the original $225K Estimate

92,580

GL ACCT # RESERVE CONTRIBUTION 2020 Budget 2019 Budget 2019 Projection

Change $

2020 vs 2019

Projection

Change %

2020 vs 2019

Projection

Narrative

0498 TRANSFER TO RESERVE 91,992 0 121,000 -29,008 -24% Allocation

NET INCOME(LOSS) POST RESERVES 588 100,943 305 -193,633 92.88%


9:14 AM 3 of 3

2020 Inspiration Metro District Executive Summary of 3 Major Expense Categories

2020 2019

Budget Projection YOY Change NotesTotal District Expenses Before Reserve Allocation 1,286,656 969,986 316,670

Average # Projected Closed Homes 903 725 178 Average # homes based on 2 point average - beginning and ending closed home counts

1) LANDSCAPE 2020 Budget 2019 Projection YOY Change Rationale for Change in 2020 budget compared to 2019 Projected Expense

1)A Brightview Contract - Common Area Tract Maintenance 281,417 233,326 48,091

2020 budget includes 67 Landscape Tracts compared to 60 Tracts

Increase $41 K over June - Dec 2020

Also includes contractual increase of approx. 4% increase on all services (labor & materials)

1)B Landscape Extras 85,600 50,000 35,600

2020 budget includes $85 K for additional trees, turf mite application, tree prevention ash & pine

beetles, aphids, a 3rd weed spray, and reseeding and replacement;

2019 Project included additional trees, turf mite application, tree prevention ash & pine beetles,

aphids, a 3rd weed spray

1)C Drainage/Erosion Control - Certain Common Areas 100,000 39,372 60,628

Estimated expense for drainage improvements - erosion control per engineering review done In Sept

2019

Subtotal Major Landscape Categories 467,017 322,698 144,319

Landscape Related

Water & Sewer 160,500 137,000 23,500 City of Aurora, water/sewage expense for common area (Greenbelt)

Winter Watering 31,500 11,700 19,800 Increased # of District tracts that will require winter water

Irrigation Repair ($34K) & Supplies ($6500) 40,500 21,211 19,289 Projected cost of replacing failed controllers with longer lived and smarter weather app technology

Fence & Wall Repair 15,600 15,000 600 Expect to repair/replace similar amount of fence - 2020 is year 2 of a multi year plan being established

Seasonal Color 9,790 14,791 (5,001) Smaller use of annuals, and increased use of perennial flowers, continuation of multi year plan

1)D Subtotal Landscape Related 257,890 199,702 58,188

1) Total All Landscape Expenses 724,907 522,400 202,507 39%

Landscape as % of Total District Expenses 56.3% 53.9%

Landscape Average $ Annual Cost per Closed Home $803 $721 $82

2) COMMUNITY AMENITIES & SERVICES 2020 2019

Community Amenities Budget Projection YOY Change NotesSocial Events 41,330 36,965 4,365 All expense amounts are net after Sponsorship funds paid directly to vendors

Pool Service ($61 K) Repairs($1 K) Parts ($2.5 K) & Furniture ($1 K) 65,500 59,780 5,720

Reflects 2 extra days in season, Service to move pool cover & furniture 2x year, increase $.90/hour

salary increase per CO min and Increase to clean pool daily vs. every other day.

2)A Total Community Amenities 106,830 96,745 10,085

Community Amenities as a % of Total District Expenses 8.3% 10.0%

Total Community Amenities Avg $ Annual Cost per Closed Home $118 $133 ($15)

Social Event Amenities Avg $ Cost per Closed Homes $46 $51 ($5)

Community Services

Resident Refuse Collection 128,620 101,200 27,420

Resident Trash & Recycling increased by 4% per unit. New monthly fee is $11.80 . Higher fee &

increased # homes

Snow Removal 32,500 37,241 (4,741) Expectation of Avg winter, vs high volume of small 3-5 inch snowfalls in 2019

Maintenance Pathfinder Park, Courts, Playground & Trails 3,600 0 3,600 Recognition of expenses related to park amenities

Pet Waste Stations 4,000 4,000 0

More stations/locations; Same cost as last year to purchase. CAC to install; 3 times a week

maintenance at no additional cost per Brightview.

2)B Total Community Services 168,720 142,441 26,279

Community Services as % of Total District Expenses 13.1% 14.7%

Community Services Average $ Annual Cost per Closed Home $187 $196 ($10)

2) Total All Community Amenities & Services 275,550 239,186 $36,364 15%

Total Community Amenities & Services as % of Total District Exp 21.4% 24.7%

Total Community Amenities & Services Avg $ Ann Cost/Closed Home $305 $330 ($25)

9/24/2019

9:12 AM 1 of 2

2020 2019

3) MANAGEMENT SERVICES

Budget ProjectionYOY Change YOY% Notes

3)A Total Management Fees/Closed Homes & Builder Lots 38,970 29,295 9,675

Increase is entirely due to increase in the # of resident and builder lots. $3/month per each lot.

Consistent with management contract. $1.50/unit/month per the management agreement for builders

(136) and $3.00/unit/month for homeowner lots (175). Increases with the more homes and lots sold.

3)B Professional Services 191,599 136,984 54,615

Increase reflects additional .8 (.6 Admin; .2 is combination of lifestyle and maintenance) FTE

administrative support and small additional hours to maintenance and lifestyle. 2.56 Total FTE in 2020

compared to 1.74 Total FTE in 2019

3) Total Management Company Fees 230,569 166,279 64,290 39%

Management Fees as % of Total District Expenses 17.9% 17.1%

Management Average $ Annual Cost per Closed Home $255 $229 $26

Total Landscape, Community Amenity/Services, & Management Service 1,231,026 927,865 303,161 33%

Total 3 Categories as % of Total District Expenses 95.7% 95.7% 95.7%

2020 2019

RESERVES Budget Projection YOY Change NotesProjected Reserve Allocated for Future Replacement Capital Assets Each Year 91,992 121,000 (29,008)

Total Inspiration Annual Revenue 1,379,236 1,285,291 93,945

Total Operating Fees paid per closed Home 1,068,200 868,534 199,666

Working Capital paid on Closed Homes and Resales 105,500 100,500 5,000 2020 budget reflect 200 new home closings and 36 resales

Annual Reserve as % of Total Annual Revenue 6.7% 9.4% Reserve Policy Range is an annual goal of 5% - 15%

Annual Reserve Average $ Annual Cost per Closed Home $102 $167 ($65)

Annual Reserve as % of Total Operating Fee & Working Capital 7.8% 12.5%

9/24/2019

9:12 AM 2 of 2

Documents

INSPIRATION METROPOLITAN DISTRICT SPECIAL MEETING … · 9/25/2019 · Ms. Hartung presented the request from Colorado Interstate Gas Company, L.L.C.; (“CIG”) for an amendment