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District No. 2  Documents

Annual Reports 

BROOMFIELD TOWN SQUARE METROPOLITAN DISTRICT NOS. 1 and 2

450 E. 17th Avenue, Suite 400

Denver, Colorado 80203

Tel: (303) 592-4380

Facsimile: (303) 592-4385

ANNUAL REPORT

(Year Ending December 31, 2025)

BROOMFIELD TOWN SQUARE METROPOLITAN DISTRICT NOS. 1 and 2

(individually, “District No. 1” and “District No. 2”, and collectively, the “Districts”)

Pursuant to Section 32-1-207(3)(c), C.R.S., in the form prescribed by the City and County of Broomfield, the Districts hereby submit the following information and attachments.

A.                Board of Directors

Board of Directors of Broomfield Town Square Metropolitan District Nos. 1 and 2

 

Directors:

Timothy Fredregill Milender White Inc. 12655 W. 54th Drive Arvada, CO 80002

tfredregill@milenderwhite.com

 

Joseph Vostrejs

City Street Investors LLC 1115 Acoma Street

Denver, CO 80204 jvostrejs@citystreetinvestors.com

Bryon White Milender White Inc. 12655 W. 54th Drive Arvada, CO 80002

bw@milenderwhite.com

 

Patricia McHenry

City Street Investors LLC 1115 Acoma Street

Denver, CO 80204 pmchenry@citystreetinvestors.com

 

Rod Wagner

City Street Investors LLC 1115 Acoma Street

Denver, CO 80204 rwagner@citystreetinvestors.com

 

General Counsel/District Manager:

Megan Becher, Esq.

McGeady Becher Cortese Williams P.C. 450 E. 17th Avenue, Suite 400

Denver, CO 80203

Office: 303-592-4380

E-mail: mbecher@specialdistrictlaw.com.

The Boards of Directors met on the following date and time in 2025: November 19, 2025 at 10:00 a.m. via Zoom.

B.                 Boundary Changes

There were no boundary changes made during 2025.

C.                Intergovernmental Agreements entered into or terminated

Operations and Maintenance Intergovernmental Agreement for Broomfield Town Square, by and between the City and County of Broomfield, Colorado, Broomfield Town Square Alliance LLC, and the Districts dated February 25, 2025.

First Amendment to Exhibit D of the Operations and Maintenance Intergovernmental Agreement for Broomfield Town Square, by and between the City and County of Broomfield, Colorado, Broomfield Town Square Alliance LLC, and the Districts dated February 25, 2025.

D.                The Districts’ Policies and Operations / Access information to obtain a copy of rules and regulations adopted

The Districts have not adopted any rules and regulations as of December 31, 2025. In the event the Districts adopt such in the future, they may be accessed at the offices of McGeady Becher Cortese Williams P.C., 450 E. 17th Ave., Suite 400, Denver, Colorado 80203, or on the Districts’ website: https://broomfieldtownsquaremds.specialdistrict.org/.

E.                 Summary of litigation involving the Districts’ public improvements

To our knowledge, the Districts were not involved in any litigation in 2025.

F.                 Status of the Districts’ construction of public improvements

There were no public improvements completed during 2025.

G.                Conveyances or dedications of facilities or improvements, constructed by the Districts, to the City and County of Broomfield

No facilities or improvements, constructed by the Districts, have been conveyed or dedicated to the City and County of Broomfield.

H.                Financial Information

1.                  Budget: A copy of the Districts’ 2026 Budgets are linked below. 

2026 Budget - Broomfield MD No. 1.pdf2026 Budget - Broomfield MD No. 2.pdf

2.                  Debts: The Districts have not issued any debt to date.

3.                  Audits: The Districts’ Audit Exemption Applications for years ending 2023, 2024, and 2025 are linked below. 

2023 Audit Exemption - No. 12023 Audit Exemption - No. 22024 Audit Exemption Application - Broomfield Town Square Metropolitan District No. 1.pdf2024 Audit Exemption Application - Broomfield Town Square Metropolitan District No. 2.pdf2025 Audit Exemption Application - Broomfield Town Square Metropolitan District No. 1.pdf2025 Audit Exemption Application - Broomfield Town Square Metropolitan District No. 2.pdf

4.                  Current Assessed Value: Certifications of Valuation for 2025: District No. 1 - $0, District No. 2 - $9,850

I.                   Notice of any uncured events of default by the Districts, which continue beyond a ninety (90) day period, under any debt instrument

To our knowledge, there are no uncured events of default by the Districts which continue beyond a ninety (90) day period.

J.                  Any inability of the Districts to pay their obligations as they come due, in accordance with the terms of such obligations, which continues beyond a ninety (90) day period

To our knowledge, the Districts have been able to pay their obligations as they come due.

*For accessibility purposes, references to exhibits have been removed and links to exhibit documents have been added. For a copy of the Annual Report with exhibits as filed with the jurisdiction, please contact info@specialdistrictlaw.com. 

For accessibility purposes, this is an alternate conforming version of the 2025 Annual Report.

Budgets and Mill Levy 
2026 Budget - Broomfield MD No. 2.pdf

2026 Mill Levy - 0.000 Mills

2025 Budget

2025 Mill Levy - 0.000 Mills

2024 Budget

2024 Mill Levy - 0.000 Mills

Transparency Notice 

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

https://www.sdaco.org/lc/sda-transparency/notice/id/3229

District Map 
Map of the District located in the City and County of Broomfield, Colorado