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Perry Park board approves $3,000 reserve‑study engagement for 8‑week delivery

Perry Park Metropolitan District Board of Directors · August 8, 2024
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Summary

Directors approved spending $3,000 for a Reserve Study with an estimated 8‑week delivery after reviewing a single bid that ranged from $2,750 to $4,500 depending on delivery timeline.

President Darren Hill summarized that one Reserve Study bid had been received with a cost range of $2,750 to $4,500 depending on delivery timeframe. After discussion about delivery speed and cost, Director Joseph Brickweg moved to spend $3,000 for an 8‑week delivery; the motion was seconded by President Hill and passed unanimously.

Directors said they expect the Reserve Study to inform capital planning and future budgeting. The Board also discussed reviewing the district financials in more detail once WSDM provides the complete financial package and considered opening a second account at Colorado Trust for cash management.