BOARD OF DIRECTORS:

Jason Gray, Chair

Desiree LaFleur, Vice Chair

Ryan Hollingshead

Laura Cavey

Town of Castle Rock Festival Park

Commons General Improvement District

Meeting Minutes - Final

Kevin Bracken

Max Brooks

Tim Dietz

Tuesday, October 15, 2024

6:00 PM

Town Hall Council Chambers

100 N. Wilcox Street

Castle Rock, CO 80104

This meeting is open to the public. Three or more Council members may also attend this

meeting, during which the items listed herein will be discussed. If you are unable to

access any portion of these materials due to a disability as defined under Colorado

House Bill 21-1110, please call us at 303-663-4440, email the Town’s accessibility team at

accessibility@CRgov.com or submit an accommodation request form at

www.CRgov.com/A11yRequest.

CALL TO ORDER / ROLL CALL

7 -

Present

Chair Jason Gray, Honorary Member Desiree LaFleur, Boardmember Laura Cavey,

Boardmember Kevin Bracken, Boardmember Max Brooks, Boardmember Max Brooks, and

Boardmember Tim Dietz

1 - Boardmember Ryan Hollingshead

Not Present

FPC MIN

2024-001

Minutes: Approval of the October 17, 2023 Minutes

Moved by Vice Chair LaFleur, seconded by Boardmember Cavey, to Approve FPC

GID Minutes FPC MIN 2024-001 as presented. The motion passed by a vote of:

6 -

Yes:

Chair Gray, Honorary Member LaFleur, Boardmember Cavey, Boardmember Bracken,

Boardmember Brooks, and Boardmember Dietz

1 - Boardmember Hollingshead

Not Present:

ACTION ITEMS

FPC RESO

2024-001

Resolution Adopting the 2025 Fiscal Year Budget for the Town of Castle

Rock Festival Park Commons General Improvement District

Pete Managers presented the item.

Boardmember Cavey asked Corliss to give a history of the district.

Corliss stated the Encore was originally going to be called Festival Park

Commons so that is the name of the district. The Town felt the Town should

receive dpublic parking as the building replaced surface parking for Town staff and

public, and it should be paid for by the development. The land of the parking lot

was dedicated to the development. The Town receives 45 mils of property taxes

from the private development to pay for the public parking. The Town purchased

the 308 parking spaces and has the easements to use them. This should be paid

off by 2040. The 45 mils pays for our oblications, and the maintenance we pay the

HOA comes from the DDA special fund.

Mayor Gray asked the consequences of voting no. Corliss stated if we do not pay

the COP obligation, the Townhall is the collateral so the note holders could seize

the collateral.

Citizens that addressed Council:

David Miles, resident, asked Council to vote yes on the items. However, there are

issues that need to be addressed in the parking garage. After events, residents

have to pay 49% of the cost for cleaning up the garage. He recommends they

establish enforceable regulations in the garage. For instance, large trucks are

hard to maneuver around; and there should be zero tolerance for bad actors. He

requests more signage for rules of the garage, increase camera monitoring and

patrols.

Ann Midgley, resident, looked at the budget over the last three years and wnats to

know why there is a big variance in the annual budget. The original term date was

2038 and asked why there is an extension to 2040. The districts is just that

building, and the residents are bearing a huge burden. She asked if the district

can be expanded to share that cost.

David Corliss, Town Manager, stated the Town has stepped up to do things we

weren't required to but have. We paid $800k for the public area in the plaze,

purchased more trash cans, etc. He confirmed that we cannot disband the

general improvement district, and that the entire downtown is paying for our share

of the maintenance costs. He wadded that this is a separate issue to address.

Vice Chair LaFleur asked if some of the partners in events could share costs and

responsibilities for cleaning up the garage. Corliss will talk with staff.

Boardmember Cavey feels it is unfair to the residents that live there and asks why

we can't expand the GID or something else to satisfy the COPs or charge people

to park there and add more security cameras. Cavey feels it should not be on the

backs of the people that live there.

Moved by Vice Chair LaFleur, seconded by Boardmember Bracken, to Approve FPC

GID Resolution FPC RESO 2024-001 as presented. The motion passed by a vote of:

6 -

Yes:

Chair Gray, Honorary Member LaFleur, Boardmember Cavey, Boardmember Bracken,

Boardmember Brooks, and Boardmember Dietz

1 - Boardmember Hollingshead

Not Present:

FPC RESO

2024-002

Resolution Levying General Property Taxes for the Town of Castle Rock

Festival Park Commons General Improvement District for the Year 2024, to

be Collected in 2025

Moved by Vice Chair LaFleur, seconded by Boardmember Bracken, to Approve FPC

GID Resolution FPC RESO 2024-002 as presented. The motion passed by a vote of:

6 -

Yes:

Chair Gray, Honorary Member LaFleur, Boardmember Cavey, Boardmember Bracken,

Boardmember Brooks, and Boardmember Dietz

1 - Boardmember Hollingshead

Not Present:

ADJOURN

Motion to adjourn.