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Red Hawk Ridge Elementary School Playground Improvements

Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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Page 1: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Red Hawk Ridge Elementary School Playground Improvements

Page 2: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road
Page 3: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

Terms of the Three Page IGA between

PJMD and CCSD

Parties: PJMD and the Cherry Creek School Dist. No. 5 (the party is CCSD, NOT RHRES) Date: December 9, 2013 Legal Authority: CCSD can build school playgrounds PJMD can build park and rec, 32-1-1004(2)(d)

Page 4: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

Cooperation: • Colo. Const. Art. XIV, Sec. 18(2)(a) and

C.R.S. 29-1-203: “The governments can contract to provide facilities lawfully authorized to each of the contracting parties.”

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Page 5: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

Covenants (Promises):

• 1. CCSD provides access to PJMD to plan and engineer the playground.

• 2. PJMD submits plans and engineer’s estimate of probable costs to CCSD.

• 3. CCSD Executive Director of Educational Support Services approves plans.

• PJMD deposits 120% of probable costs with CCSD.

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Page 6: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• 4. CCSD uses the deposit to put project to bid. • CCSD, consulting with PJMD, selects bidder,

enters construction contract.

• 5. CCSD draws on the account to pay costs. • CCSD consults with PJMD on change orders. • Improvements were to be done by Summer, 2014.

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Page 7: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• 6. If there is money left, CCSD is to return it to PJMD.

• 7. If there is an overrun, CCSD and PJMD meet;

either cut the scope or PJMD adds more money.

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Page 8: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• 8. When done (and warranty is done) CCSD owns, operates, repairs, replaces, and maintains the Improvements for CCSD and PJMD’s benefit.

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Page 9: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• 9. CCSD allows PJMD constituents to use the Improvements if use will not “unreasonably interfere” with CCSD.

• Use by RHRES has priority. “Organized and

scheduled” use by PJMD constituents has second priority, others, third.

• CCSD is in charge of scheduling.

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Page 10: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• 10. CCSD will install a recognition plaque or sign (at PJMD cost).

• 11. All financial obligations are subject to annual appropriation.

• 12-15. Unremarkable boilerplate provisions.

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Page 11: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• Notes on dealing with the School District

1. It will take time. 2. They don’t want to spend any money.

a. They really want assurance they won’t spend any money.

b. Really.

3. They want control over construction.

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Page 12: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• More Notes: • 4. They are very protective of the use

and scheduling of the facility. • 5. So, it’s similar to any other IGA.

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Page 13: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• Legal Notes on Implementation

1. Contracting and completion appeared smooth. 2. Getting the extra deposit back was a problem,

but what remedy can you use? a. No lien. b. Sue for breach? c. Should we have had an interest or liquidated

damages clause?

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Page 14: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Spencer Fane LLP | spencerfane.com

• Questions, Comments, Great Thoughts?

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Page 15: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

Perspectives of a Board Member: Bill Lamberton, PJMD President

Page 16: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor. | ©2016 CliftonLarsonAllen LLP

Management Information Bob Blodgett, CliftonLarsonAllen

Page 17: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

Parker Jordan Metropolitan District • Organized in 1984 • Arapahoe Road (N), Parker Road (E), Arapahoe/Douglas County Line

(S), Jordan Road (W), bisected by Cherry Creek • Within Unincorporated Arapahoe County and City of Centennial • 2015 Population Estimate: 6,500 • 2016 Mill Levy: 20.633 Mills • 2016 Assessed Value: 70,000,000 plus 41,000,000 CornerStar

Shopping Center (excluded in 2006) • Notable Project: 2010-12 Cherry Creek Stream Reclamation and

Amenities - $6 Million, Funding Partners COC, AC, SEMSWA, UDFCD, GoCO

• PJMD and COC jointly own the 107 acre PJCOS • RHRES located on East side of Cherry Creek, the only school within

PJMD

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING 19

Page 20: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

RHRES Playground Improvements Financing

• $661,000 Landscape Architect’s Estimate • $486,504 DesignScapes Low Bid Approved –

September 2014

• $583,804 Required 120% Deposit with CCSD • $500,000 Actual Cost • $83,804 Returned to PJMD

• Note: “Soft” costs were $109,000

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Page 21: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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Before the Improvements

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Page 22: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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Improved Drainage

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Page 23: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

December 2014

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Page 24: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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WEALTH ADVISORY | OUTSOURCING | AUDIT, TAX, AND CONSULTING

January 2015

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Page 25: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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April 2015

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Page 26: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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April 2015 (cont.)

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Page 27: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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Page 29: Red Hawk Ridge Elementary School Playground Improvementspjmd.org/projects/rhres/PJMD_SDA_Presentation_Red... · 9/22/2016  · •Organized in 1984 •Arapahoe Road (N), Parker Road

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June 2015

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