To: Honorable Mayor and Members of Town Council
From: Robert J. Slentz, Town Attorney
Title
Resolution: Appointing Directors to the Board of Directors of the Vistas at Rock Canyon Metropolitan District
Body
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Executive Summary
This Resolution appoints the Boards of Directors to the Vistas at Rock Canyon Metropolitan District (“District”) in accordance with the Special District Act which authorizes the Town Council to take such remedial action where there are no duly elected Directors.
Background
Town Council approved the District Service Plan in August 2004, and the District was organized shortly thereafter. The District consists of approximately 325 acres to be developed for residential and retail purposes by the developer, Bella Mesa Land, LLC. Pursuant to state statute, Bella Mesa Land, LLC conveyed real property interests to two of its representatives on March 11, 2014. Such conveyance qualified these individuals to serve on the District’s Board. The Town Council is authorized to appoint qualified individuals to the District Board because the Board is entirely vacant and failure to appoint directors to the Board would result in the interruption of services to be provided by the District. Upon reappointment to the Board, the proposed directors will schedule an election to be held within six months. At the election both the proposed directors will be required to seek election of their appointed positions, as well as the three remaining vacant positions.
Staff Recommendation
Staff recommends approval of the Resolution as presented, appointing Barbara Randell Bartlett and Ervin F. Holle to the Vistas at Rock Canyon Metropolitan District Board of Directors.
Proposed Motion
I move to approve Resolution appointing Directors to the Board of Directors of the Vistas at Rock Canyon Metropolitan District.
Attachments
Attachment A: Resolution