Cherry Creek Corporate Center Metropolitan District

ANNUAL INFORMATION REPORT
FOR THE YEAR 2024
CHERRY CREEK CORPORATE CENTER METROPOLITAN DISTRICT

As required by Section 32-1-207(3)(c), C.R.S., and Section VII of the Amended and Restated Service Plan for Cherry Creek Corporate Center Metropolitan District (the “District”), approved by the City of Glendale (the “City”) on December 14, 2012, the following report of the District’s activities from January 1, 2024 to December 31, 2024 is hereby submitted:

1.                  Boundary changes made or proposed to the District’s boundary as of December 31st of the prior year.  There were no boundary changes made or proposed in 2024.

2.                  Agreements with other governmental entities, either entered into, proposed, or terminated as of December 31st of the prior year.  The District was a party to the following intergovernmental agreements as of December 31, 2024:

• Amended and Restated Intergovernmental Agreement between the City of Glendale, Colorado and the Cherry Creek Corporate Center Metropolitan District, dated 12/04/12 – sets forth the rights and obligations of the District and the City as contemplated by the District’s Service Plan.
• Reimbursement Agreement (with Glendale Economic Redevelopment Authority), dated 7/20/12 (as assigned to the District by that certain Assignment of Rights and Assumption of Obligations under the Reimbursement Agreement, dated 12/18/12 between ROC-SCCP Cherry Creek II, L.P. and the District) – The Agreement sets forth (1) the rights and obligations of the District regarding the financing and construction of certain Eligible Public Improvements to assist the Glendale Economic Redevelopment Authority (the “Authority”) in carrying out the Urban Renewal Plan; and (2) the rights and obligations of the Authority regarding pledged revenue streams for repayment of the financing and construction by the District, through its bond issuance, for those certain Eligible Public Improvements.

3.                  A list of all facilities and improvements constructed or acquired by the District and those that have been dedicated to and accepted by the City as of December 31st of the prior year.  During 2013, the District completed construction of a public parking structure, completed the Birch Street Improvements, completed demolition and environmental abatement of the Spanish Gate apartment building, and engineered and constructed a surface parking lot (the “Spanish Gate Lot”) on the Spanish Gate site.  A Special Warranty Deed from the District to the City for the Spanish Gate Lot was signed on 12/12/17 and recorded on 1/05/18.  Final acceptance of the Birch Street Improvements by the City occurred in September, 2015, and a Special Warranty Deed conveying the Birch Street Improvements from the District to the City was signed on 4/01/20 and recorded on 4/02/20.

4.                  Audit of the District’s financial statements, for the year ending December 31st of the previous year, prepared in accordance with generally accepted accounting principles or audit exemptions, if applicable.  

5.                  Notice of continuing disclosure undertaking for events of default or uncured events of default by the District, which continue beyond a ninety (90) day period, under any Debt instrument.  To our knowledge, there are no uncured events of default by the District which continue beyond a ninety (90) day period.

6.                  Any inability of the District to pay its obligations as they come due in accordance with the terms of and Debt instruments, which continue beyond a ninety (90) day period.  To our knowledge, the District has been able to pay its obligations as they come due.

7.                  Access information to obtain a copy of rules and regulations adopted.  Contact McGeady Becher Cortese Williams P.C., 450 E. 17th Ave., Suite 400, Denver, CO 80203-1254.  Phone:  303-592-4380.  Email:  info@specialdistrictlaw.com.

8.                  Summary of litigation involving the District’s public improvements.  There was no litigation involving the District’s public improvements during 2024.

9.                  Status of the District’s construction of public improvements.  See Item 3 above.

10.              Final assessed valuation of the District for the report year.  $6,411.365.

11.              Current year’s budget.  

*For accessibility purposes, this is an alternate conforming version of the 2023 Annual Report 

2026 Mill Levy - 0.000 Mills

2025 Mill Levy - 0.000 Mills

2024 Mill Levy - 0.000 Mills

The Transparency Notices for the Districts can be accessed on the Special District Association website:

https://www.sdaco.org/lc/sda-transparency/notice/id/1620