News Flash

Latest News

Posted on: March 12, 2019

Board Notes

Public Comment

  • Public comment topics included amenities and community character of the Divide; the Covenants, Conditions and Restrictions (CCRs) for Cordillera; the growth in popularity of pickleball nationally and within Cordillera; requests for an additional trash receptacle at the community operations facility especially during the holidays; electric vehicle charging stations and the Holy Cross Electric program for electric vehicles; and the ongoing strategic planning meetings with Resonance. 

Management Team Report

  • The Cordy Camp rate for property owners is $48 per day and the non-property owner rate is $58. There is a $10 charge in addition to the daily rate for drop-in participants. The boards may look at increasing the rate for non-property owners at a future meeting. 
  • The emergency information survey will remain open while phone calls are made to those who have not completed the survey; thus far, there are 385 properties are represented.

 Emergency Preparedness and Response Training and Plan

  • Stephanie Palmer of S3Parnerships in collaboration with the management team drafted an Emergency Operations Plan (EOP) and associated incident-specific annexes. She provided the boards a high-level introduction to the EOP which includes mitigation, preparedness, response and recovery plans. Starting this spring and continuing throughout the summer, practice exercises will be conducted to validate and enhance the plans. In addition, staff and the boards will receive training on their roles and responsibilities in the event of an emergency. A functional exercise involving community members will occur in July; additional information on this exercise will be forthcoming.

 Design Review Board Appointments

  • The CPOA Board appointed Traci O’Connor as an alternate DRB Member.

 Trailhead

  • Bob McDonald from OLC presented an overview of the Trailhead pool remodel project which went to the market in January for bids. Two bids were returned with higher than expected estimates. Staff will explore other pricing and contractor options and will return to the board in May. 

 Financials

  • CPOA unaudited 2018 financials reflect total revenues of $3,397,195 and total expenses of $3,353,859 in the operating fund. The change in fund balance for CPOA totals $43,336 for 2018. The budgeted change in fund balance was ($91,418) for a positive variance of $134,754. 
  • CMD unaudited 2018 financials reflect total revenues of $5,914,152 and total expenditures of $4,571,729 in the general operating fund. After the transfer to the capital fund of $1,292,000 the change in fund balance for the year was $50,424. The budgeted change in fund balance was ($230,125) with a positive variance to budget of $280,549. 
  • The yearly audit will begin April 1 with McMahan and Associates. 

Traffic Calming

  • Kari McDowell Schroeder and Greg Schroeder of McDowell Engineering reviewed findings from the 2016 traffic study including historical traffic data, implemented speed-reducing strategies and associated results. The second phase of speed-reducing tactics will be implemented this spring which will include increasing sight distance, white edge-line striping, speed bumps, signage, education and enforcement. In addition, staff and McDowell Engineering met with Eagle County to discuss speed reducing tactics that will be implemented on Squaw Creek Road.
  • 2019 Road Program and Reserve Study
  • Jamie Pappas from Borne Engineering provided a background of the 20-year roadway capital plan which specifies which roads are scheduled for overlay each year.
  • The Reserve Study is being updated for all Metro District and CPOA-owned facilities. The Reserve Study includes estimated costs for the major repair, maintenance and/or replacement of facilities to establish adequate reserve funds for the upkeep of the property. 

Bearcat Lease

  • The Cordillera Metro District leases the Bearcat property to Indian Summer Outfitters which operates Bearcat Stables. Upon the change of ownership, a new contract for three years with a 12 month notice to terminate will be executed. 
  • New programming is planned for property owners to have greater access, use and fun. “When the gate is open, Bearcat is open” with a bar at the original cabin, pony rides, horsemanship classes and future plans for yoga in the meadow and community gardens. A food truck is being considered for the summer.

Gate Access

  • To enhance safety and security by managing access to the community via the Ranch, Divide and CVC gates, new RFID eGO stickers will be issued to service contractors, Club members, vendors, contractors and employees which can be programmed to allow entrance at specific times. The cost of the RFID sticker is $25. There is no change to the current process for property owners. 
  •  All emergency response agencies will have one sticker to access all gates in Cordillera, CVC, Beaver Creek, Bachelor Gulch and Brightwater.


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