21-54 Appointing Directors to Board of Directors of Cottonwood Hollow Commerical Metro District 04-28-2021RESOLUTION NO. 21-54
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF
FIRESTONE COLORADO, APPOINTING DIRECTORS TO THE
BOARD OF DIRECTORS OF COTTONWOOD HOLLOW
COMMERCIAL METROPOLITAN DISTRICT
WHEREAS, Cottonwood Hollow Commercial Metropolitan District ("District") 1s a
special district located wholly within the boundaries of the Town of Firestone; and
WHEREAS, the Board of Trustees of the Town of Firestone ("Board of Trustees")
approved the Service Plan for the District ("Service Plan"); and
WHEREAS, the Board of Trustees is authorized to appoint individuals to a district's
board of directors if the district's board of directors has been vacated and the failure to appoint a
new board will result in the interruption of services that are provided by the district, pursuant to
Sec. 32-1-905(2.5), C.R.S.; and
WHEREAS, due to a change in ownership of the property within the District all of the
three seats on the District's board ("District Board") are vacant; and
WHEREAS, the Board of Trustees has received a request to appoint the following three
qualified individuals, Douglas Hatfield, Dustin Anderson, and Timothy O'Conner ("Proposed
Directors") to the District Board; and
WHEREAS, in accordance with Sections 32-1-103(5)(a) and (b), C.R.S., the Proposed
Directors are qualified as eligible electors of the District; and
WHEREAS, the Proposed Directors are willing to serve on the District Board; and
WHEREAS, the failure to appoint directors to the District Board will result in the
interruption of services provided by the District; and
WHEREAS, the Board of Trustees finds that appointment of the Proposed Directors will
allow the District to provide services as contemplated by the District's Service Plan.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES, OF THE
TOWN OF FIRESTONE COLORADO:
1. Necessity of Appointment. The Board of Trustees determines that failure to
appoint qualified individuals to the District Board will result in the interruption of the District's
services.
2. Appointment of Directors. In accordance with Sec. 32-1-905(2.5), C.R.S., the
Board of Trustees hereby appoints Douglas Hatfield, Dustin Anderson, and Timothy O'Conner,
each a qualified eligible elector, to serve on the District Board. 2312.0011; 1117737_1
3. Election. The District's board of director shall call for nominations for a special
election within six months after their appointment to elect directors pursuant to the Special
District Act, Article 1 of Title 32, C.R.S., the Uniform Election Code of 1992, Articles 1 to 13 of
Title 1, C.R.S.; and the Colorado Local Government Election Code, Article 13.5 of Title 1,
C.R.S.
INTRODUCED, READ AND ADOPTED this 28th day of April, 2021.
ATTEST:
William P. Hayashi, Town Attorney
2312 .0011; 1117737_1