E-470 Residential Area General Improvement District

7887 E. 60th Ave. Commerce City Commerce City, CO 80022 c3gov.com Meeting Minutes - Final E-470 Residential Area General Improvement District Monday, October 20, 2014 8:50 PM Council Chambers 1. Call To Order/Roll Call A regular meeting of the Commerce City E-470 Residential Area General Improvement District was called to order by Chairman Ford on October 20, 2014, at 8:21 PM. A motion was made by Board Member McEldowney, seconded by Vice Chairman Bullock, to excuse Board Member Elliott from tonight's meeting. VOTE: 8 aye, 1 excused (Elliott) Present: 8 - Jim Benson, Steven J. Douglas, Sean Ford , Rick A. Teter, Andrew Amador, Jadie Carson, René Bullock and Jason McEldowney Excused: 1 - Crystal Elliott 2. Public Hearings Res ERAGID RESOLUTION ADOPTING THE 2015 BUDGET AND 14-03 CERTIFICATION OF THE MILL LEVY FOR THE E-470 RESIDENTIAL AREA GENERAL IMPROVEMENT DISTRICT (ERAGID) Chairman Ford opened the public hearing. Interim Finance Director Sheryl Carstens addressed the board. She testified that there is no assessed valuation and that $100,000 is a place holder in the event construction begins in the district. The mill levy is 30 mills. A motion was made by Vice Chair Bullock, seconded by Board Member McEldowney, that this resolution be continued to November 3, 2014. VOTE: Aye: 8- Board Member Benson, Board Member Douglas, Chair Ford, Board Member Teter, Board Member Amador, Board Member Carson, Vice Chair Bullock and Board Member McEldowney Excused: 1- Board Member Elliott 3. Adjourn The meeting adjourned at 8:24 pm. Commerce City Page 1