The River Mile Metropolitan District Nos. 1, 2, 3, 4 and 5; The River Mile Platte Valley Metropolitan District

THE RIVER MILE METROPOLITAN DISTRICT NOS. 1 – 3

450 E. 17th Avenue, Suite 400

Denver, Colorado 80203

Tel: (303) 592-4380

https://rivermilemetropolitiandistricts.specialdistrict.org/

 

NOTICE OF SPECIAL MEETING AND AGENDA

DATE:                        Thursday, April 2, 2026

TIME:                         12:30 P.M.

LOCATION:              ZOOM

Join Zoom Meeting

https://us02web.zoom.us/j/84475231701?pwd=292lF5pC9aJZXOvpb6cRnnaiaocJBY.1

Meeting ID: 844 7523 1701

Passcode: 800158

Dial In: 1-719-359-4580

I.                   ADMINISTRATIVE MATTERS

A.                Confirm quorum and present disclosures of potential conflicts of interest.

B.                 Confirm location of the meeting, posting of meeting notice and designate 24-hour posting location.  Approve Agenda.

C.                 Discuss vacancies on the Board and consider the appointment of District eligible electors to the Board of Directors (Notice of Vacancy published January 8, 2026).

D.                Consider the appointment of Officers:   

President: __________________________________________

Secretary: __________________________________________

Treasurer: __________________________________________

Assistant Secretaries: __________________________________________

E.                 Public Comment. Members of the public may express their views to the Board on matters that affect the District. Comments will be limited to three (3) minutes.

F.                  Review and consider approval of the minutes of the November 26, 2025 regular meeting.

II.                 FINANCIAL MATTERS

A.                Review and consider acceptance of unaudited financial statements and schedule of cash position through the period ending December 31, 2025.

B.                 District No. 1 - Review and ratify / approve the payment of claims.

C.                 District No. 3 – Review and consider ratification of the 2025 Application for Exemption from Audit.

D.                District Nos. 1 and 2 – Discuss and consider approval of the 2025 Audit and authorize execution of Representations Letter.

E.                 Discuss Acceptance of and Reimbursement for Verified District eligible costs:

                     1.        Review and consider acceptance of Engineer’s Report and Certification 09 prepared by Ranger Engineering, LLC.

                     2.        District No. 1 – Consider approval of reimbursement to KSE Elitch Gardens, LLLP, formerly known as KSE Elitch Gardens / Revesco / Second City, LLLP, in accordance with the Facilities Funding and Acquisition Agreement, as amended, in amount of costs verified by Ranger Engineering, LLC.

III.               LEGAL MATTERS

A.                District Nos. 1 and 2 - Discuss status of contingencies in Loan Agreement between The River Mile Metropolitan District No. 1 and PNC Bank, N.A., as successor to Compass Mortgage Corporation, and requirements relative to the Order for Inclusion of approximately 45 acres of property into the boundaries of The River Mile Metropolitan District No. 2.

B.                District No. 1 - Discuss timing of potential debt issuance and potential refinancing of the loan between The River Mile Metropolitan District No. 1 and PNC Bank, N.A. (as successor to Compass Mortgage Corporation) (the “Lender”).  Discuss related action items.

                   1.          Discuss and consider the engagement of Barnes & Thornburg LLP as District Bond Counsel.

                   2.          Discuss and consider the engagement of an External Financial Advisor.

                   3.          Review and consider approval of Term Sheet provided by Key Bank.

                  4.           Discuss and authorize other necessary actions in connection therewith.

                  5.           Discuss timing and scheduling of a special Board meeting for loan matters.

IV.             CONSTRUCTION MATTERS

A.              South Platte River Restoration Project

                   1.          District No. 1 - Discuss status and timing of Project, construction and permitting.

                   2.          District No. 1 - Discuss City and County of Denver Access License Agreement by and between the City and County of Denver and The River Mile Metropolitan District No. 1 and related matters.

                   3.          District No. 1  - Discuss proposal from the City and County of Denver related to potential funding for the South Platte River Restoration Project.

                   4.           District No. 1 – Discuss status of matters related to utility infrastructure relocation / Franchise Agreement.

                   5.           District No. 1 - Authorize any necessary actions in conjunction with the South Platte River Restoration Project.

B.              On-Site Construction Project

                   1.          District No. 1 - Discuss status of On-Site Construction Project.

C.               District No. 1 – Discuss status of Service Agreement for Project Management Services between The River Mile Metropolitan District No. 1 and The River Mile Development Company, LLC.

IV.              OTHER BUSINESS

A.                 

V.                ADJOURNMENT     

The next regular meeting is scheduled for July 22, 2026 at 10:00 a.m. via Zoom.

*For Accessibility purposes,  this is an alternate conforming version of the Agenda.