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7 Copy of any filing required by or for the State Securities Commissioner No <br />bonds have been issued, therefore none has been required <br />8 A list of all intergovernmental agreements of the District. None <br />9. Any alteration or revision to the debt service schedules provided in the operating <br />plan None <br />10 A list of all lease -purchase agreements and a summary of their terms None <br />11 A description of activities performed in the last budget year Organization of the <br />District was by ordinance on August 15, 2000 The Board's organizational <br />meeting, following all required notices, was held on August 28, 2000 at which <br />time various administrative tasks were performed Activity in the BID essentially <br />stopped after the November 2000 election when the authority to levy a tax was <br />not passed by a majority of the electors of the District who voted in the election <br />(the vote was tied) The attorney for the District Norman F (Rick) Kron, Jr of <br />Spencer Fane LLP has been working with the Board on maintaining the BID He <br />has suggested the possibility of funding the BID using special assessments rather <br />than property taxes, but the idea has not gone beyond the concept stage <br />12 An Operating Plan description of activities to be performed in the next budget <br />year (similar to this plan, although shortened) and a Budget for that year Please <br />see the text above and the Exhibits attached hereto. <br />CONCLUSION <br />The BID Board would like to take this opportunity to thank the City Council and City <br />Staff for their assistance in the organization of the BID Under Section 31-25-1211, C R S , the <br />City is to approve or disapprove the Operating Plan and Budget within 30 days of the receipt of <br />required documentation The Board respectfully requests the adoption of a resolution or <br />ordinance of approval <br />3 <br />DN 2768000 1 <br />