NOTICE IS HEREBY GIVEN that the regular joint meeting of Forest Lakes Metropolitan District and…
NOTICE IS HEREBY GIVEN that the Board of Directors of the PIÑON PINES METROPOLITAN DISTRICT NO. 3 (the “Board”) of El Paso County, Colorado, will hold a regular meeting at 4:00 p.m. on Monday, March 3, 2025, to be held via telephonic means as well as in person at 2138 Flying Horse Club Drive, Colorado Springs, Colorado 80921. Members of the public are encouraged to participate by telephone conference as outlined below.
You can access the meeting via telephone by dialing 1-408-418-9388 and entering the following Phone Conference ID: 621 010 488.
At such meeting, it is anticipated that the Piñon Pines Metropolitan District No. 3 (the “District”) will make a final determination to issue or refund general obligation indebtedness. Specifically, the Board of Directors (the “Board”) of the District will consider the adoption of a resolution authorizing the issuance of General Obligation Limited Tax Convertible Capital Appreciation Bonds, Series 2025, in a maximum aggregate original principal amount not to exceed $21,000,000 (“Series 2025 Bonds”), accreting as provided for in the Indenture of Trust relating to the issuance of the Series 2025 Bonds. Proceeds from the sale of the Series 2025 Bonds are expected to be used to (a) finance or reimburse a portion of the costs of acquiring, constructing, and/or installing certain public infrastructure for the District, and (b) to pay the costs of issuing the Series 2025 Bonds. The Board will also consider such other matters as may be necessary or appropriate in connection with the issuance of the Series 2025 Bonds by the District and for the purpose of addressing those matters set out in the agenda below as the same may be amended at the meeting, and for the purpose of conducting such other business as may properly come before the Board.
Pursuant to the Supplemental Public Securities Act, no legal or equitable action brought with respect to any legislative acts or proceedings in connection with the authorization or issuance of such bonds may be commenced more than thirty days after the authorization of such Series 2025 Bonds pursuant to the aforementioned resolution. Pursuant to the provisions of the Supplemental Public Securities Act, one or more members of the Board may participate in this meeting and may vote on the foregoing matters through the use of a conference telephone or other telecommunications device.
The meeting is open to the public.
BY ORDER OF THE BOARD OF DIRECTORS: PIÑON PINES METROPOLITAN DISTRICT NO. 3
By: /s/ George Lenz, President