Attendance
Directors present: Linda Nuzum, Cheryl McDade, Maureen Shul, Linda Sweetman-King, Jim Beimers and Brian Stopps
Directors absent: Todd Swift
Delegates/ Representatives present: Mel Cunningham, Ted Lohr (new Delegate from BristleCone Patio Homes, replacing Jim Creager)
Delegates/ Representatives absent: Sheri Brummett, Janice Cole, June Hamill, Kyle Linhardt, Kim Nelson, Tres Thurston, Lisa Towne; Bill James, Chris Fellows, Paul Schmergel, Darrell Schmidt, and Debbie Smith.
Staff: Alison Gibbens, Linda Derback
Staff/Committees: Alison Gibbens, Kathleen Nash
Guests: Roger Addlesperger (Claremont Estates)

Board Meeting Process
Nuzum explained the roles of Directors and Delegates as elected representatives of CPN-area Homeowners. She indicated that that there was a need to place time limits on all items on a full agenda in order to accomplish the meeting's business as efficiently as possible, and to respect the time that Directors and Delegates volunteer to attending the monthly meetings.

As noted on the handout outlining guidelines for Homeowner input at Master Association meetings, any guest wishing to speak should indicate so on the sign-up sheet. Homeowners with topics to add to the agenda should sign up for the Open Forum portion of the meeting; guests may also sign up to address a topic already on the agenda, and they will be recognized to speak during that agenda item. The "Additional Homeowner Input" agenda item at the end of the meeting can be used for other questions or comments.

Approval of Minutes
A. April 18, 2002 Minutes
Sweetman-King requested Page 6, 10A, Paragraph 2 be changed to read, "The Board will obtain estimated costs for this activity, to be considered for next year's budget".

MOTION by Sweetman-King to approve the April 18, 2002 minutes as amended, seconded by Beimers; motion approved and carried.

Open Forum
Nuzum noted that no homeowners had signed up for the Open Forum.

Nuzum reported:
Coyote Ridge Park is scheduled to have the ball field sod laid in June, then it will be a couple of weeks for the root system to establish before the field can be used. The bridge is also to be being built in June, and then the path connecting the two ball fields. Eventually, the park's trails will be connected to the County's regional trails north of CPN.

Work is continuing to transfer ownership of each of the parcels in the new "South Park." The process has been started to transfer title to the parcels that are currently held by Douglas County, and two parcels of commercial land that involve an agreement with King Soopers. Negotiations continue with the church that presently owns part of the "community-zoned" land in the park.

Nuzum reported that the citizen committee on the Recreation Center will have an organizing meeting on May 22, and a public meeting on the Rec Center will follow at 7:00.

Action Committees:
A. Development
CPN Metro District Office Expansion
Stopps' committee has reviewed the plans for expansion of the CPN Community Center for additional office space; the design will be consistent with the current building, and they will be replacing the entire roof on the building.

Wendy's at Safeway Center
Stopps reported the committee has reviewed plans for the proposed Wendy's project in the Safeway center, and will suggest some revisions to the plan consistent with other new Wendy's in the south metro area that have toned down the standard corporate design. Sweetman-King provided a contact name for Stopps to research the modifications made for a new Wendy's that will be built in Castle Rock.

Safeway Fuel Pumps
Stopps reported that Safeway has worked out issues with the County and they are waiting on the final engineering report. Once the project receives final approval, construction is expected to take about 2 months.

King Soopers Fuel Pumps
Stopps reported that the committee has reviewed plans for fuel pumps at the King Soopers center, and has several questions and changes to be addressed.

Castle Pines Village Water Tank. Stopps reported that there are several revisions being made to the plans as per the committee's recommendations.

Castle Pines Village 15D Referral
We have recently received a Referral for final plat of Castle Pines Village 15D, the parcel of land that is immediately south of Forest Park, and the location of the previously planned North Gate to Castle Pines Village. An emergency road will connect Forest Park Drive to CPV Filing 15D; we will need to have the emergency restriction clearly defined as part of this plat approval process.

Sedalia/US85 Recycling/Construction Waste Disposal
The committee reviewed a referral for a recycling/ construction disposal site to be located in the vicinity of IREA on Hwy. 85. The Board had no comment on this issue.

McDade reported that new elementary kids from the north area (i.e. Daniels Gate area) will go to a Highlands Ranch elementary school until the new school is open, to avoid further overcrowding at Buffalo Ridge.

Nuzum reported School District COO Bill Reimer has announced his retirement.

D. Telecommunications
Nuzum reported the PUC hearing has been rescheduled for June 28. Towne is working with a committee on the presentation for the hearing.

E. Roads/Traffic
Nuzum reported that construction would start on the LaGae Road in July; completion is expected by the end of the year.

F. Airport traffic patterns
Shul reported she is meeting with representatives from Centennial Airport in a few weeks on this issue and should have a report for the next meeting.

A. Master Association Documents
It was agreed that a better understanding of the documents is needed and we need more information on relationships to the Declarations at the sub association level.

B. Design/Review
Design Review Committee appointment. Formal appointment of the DRC was deferred, as conversations have not been completed with the potential candidates.

Builder signage. Derback reported that she had talked with the new coordinator of the builder's cooperative that maintains the builder signs. She will ask a representative from the sign coalition to attend the next meeting.

The social events coordinators recommended that the annual summer picnic be held on August 10th; similar to last year, catering would be provided by Bennett's Barbecue, and other activity vendors are available on that date. The Board agreed to the date.

D. Newsletter/Website:
The next newsletter will go out the first week of June.

The website has encountered some technical problems; webmaster Novreske will move the site to a new host, but hopes to be able to schedule the move when she has the time required to move our content.

E. Business Partnership Program
Shul reported that there has been meetings with various people and expects proposasl by next month.

Metro District:
McDade reported the results from the election on May 7; Galen Crowder, John Ewing and Frank Cristiano were elected to the open Director positions.

McDade reported that the Metro District is currently working on refining the District's long-term projections, now that lots are platted, and the build-out schedule is known for most of the areas within the District. She presented a summary of some of the work that has been done to date regarding the future financial picture for paying the existing debt, and for future operations.

McDade presented a summary of the future property tax revenues expected from all commercial and residential property in Castle Pines North. Commercial property pays a higher proportion of taxes than residential property - commercial taxes are assessed on 29% of the property's actual value (as determined by the assessor), compared to 9% for residential property.

McDade presented a chart showing the historical growth in the District's total assessed valuation compared to reduction in the debt, and other charts to show how the debt will be reduced aggressively over the next few years. The Metro District's debt is paid with two types of payments; tap fees paid by developers, and property tax. In the next few years, the Metro District will collect approximately $24 million in tap fees, which will reduce our debt from the current $52 million to $28 million. If the tax rate remained the same as this year, the debt would be paid off more than 12 years earlier than the current payment schedule (which shows the payments would be completed by the year 2027). McDade noted that additional work needs to be done to calculate property tax reductions. Participants at this meeting indicated they would prefer that the Metro District reduce the property tax rate, and spread the debt service payment out consistent with the payment schedule.

McDade also presented a summary of funding for District operations, which are paid with three types of payments: infrastructure fees paid by developers, property tax revenue collected from all commercial and residential property, and Water/Sewer invoices. She noted that these sources would be adequate for funding of future water system infrastructure needs, as well as funding for the recreation center if that project is approved.

A. Master Association 2002 Dues
As requested at the April board meeting, McDade presented the year 2002 budget for the $216 dues amount, and an analysis of payment-schedule options. Discussion followed.

Sweetman-King MOTIONED to set the dues amount for 2002 at $216 to be paid annually, and directed that a late fee, as provided in the Declaration, should be imposed after 30 days from billing date; Stopps seconded; motion approved and carried.

B. Parks contribution funds from Holiday Home Tour
McDade presented options for using the "parks contribution" funds from the Holiday Home Tour. The Board agreed to fund a drinking fountain in Retreat Park.

C. Writer Mess Along Oxford - McDade
Nuzum reported that Writer had indicated they would clean up the area around their construction trailer when they complete their home sales in CPN (two single family homes are left). HOA2 also has other issues that will need to be resolved with Writer before they depart, including a request from Writer to eliminate some trail sections that are on the plat. McDade advised that HOA2 work with the Metro District, which has a "punch list" of items that must be completed before Writer is released.

D. Motorized vehicles and scooters on trails-Cunningham
Cunningham reported that Excel will be putting up signs to indicate that motorized vehicles are not permitted on their property, and they wrote to the Douglas County Sheriff and gave them authorization to arrest violators. Cunningham will identify additional locations for signs on Metro District property. The next newsletter will include an article on this topic.

E. Sewer Washing
McDade reported that storm sewers are County responsibility. The Metro District will start cleaning sanitary sewers in the next couple of years.

New Business:
A. Motorized vehicles and scooters on trails
Nuzum reported that there have been several complaints about motorized vehicles in the open spaces and on the trails. The sheriff's office has been out and spoken to the driver of one of the vehicles with no response. He also noted that the area where they are riding is not posted with proper signage for ticketing or enforcement. Mel Cunningham noted that they are primarily riding along the Xcel Energy wires between Hidden Pointe and Green Briar. Cunningham has contacted Xcel Energy and they will be posting the area No Trespassing. McDade will bring up the Trespassing issue at the next Metro Board meeting. Cunningham will contact the law enforcement agencies to obtain the specific classifications and restrictions of the vehicles and what the penalties are for trespassing. Nash should plan on including an article in the next Connection communicating the findings and reminding our neighbors of the consequences of violation.

Additional Homeowner Input:
A question was presented as to whether any sub associations were allowing outside pool memberships for the summer season. Nuzum reported that HOA2 and Forest Park were entertaining a limited number of outside memberships.

Nuzum reported that as of June 1, Castle Pines Village and Castle Pines North will have a new zip code of 80108. Homeowners will have a year lead time to transition over from the current 80104.

Management/Financial:
Monthly Financial Report
A. Monthly Financial Report
McDade distributed the financial report. She noted that we now have a total of 2,156 occupied homes. For the month of March, a total of 34 homes closed (26 new homes and 8 resales). Payables this month include transfer of funds to the Parks Authority.

Sweetman-King MOTIONED to accept the Financials; Beimers seconded; motion approved and carried.

Sweetman-King MOTIONED to accept the Account Payables; Beimers seconded; motion approved and carried.

Adjournment:
MOTION to adjourn by Sweetman-King; seconded by McDade. The general meeting was adjourned at 9:45 p.m.

Respectfully submitted,
Linda Derback
Recording Secretary

Castle Pines North Homeowners Association
Copyright © 1999-2003 Castle Pines North Homeowners Association
All rights reserved.

Telephone and Fax:
303-482-3078

Address:
CPN Association, Inc.
7402 Yorkshire Drive
Castle Rock, Colorado 80104

Contact the Castle Pines North Homeowners Association (CPNHOA) by e-mail.