2019-09-05_PERMIT FILE - M2019010

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RESOLUTION OF THE BOARD OF DIRECTORS OF CORNERSTONE METROPOLITAN DISTRICT NO. 1 REGARDING THE USE OF ROADWAYS WHEREAS, Cornerstone Metropolitan District No. 1 (the "District") is a quasi- municipal corporation and political subdivision of the State of Colorado, and is a duly organized and existing special district pursuant to §§ 32-1-101,et seq., C.R.S.;and WHEREAS, the District has determined that it is in the best interest of the District and the residents and property owners of the District to adopt rules and regulations in order to preserve and protect public property and facilities owned and/or operated by the District, and prohibit activities that interfere with the use and enjoyment of such property and facilities; and WHEREAS, pursuant to § 32-1-1001(1)(h), C.R.S., the Board shall have the management, control and supervision of all the business and affairs of the District; and WHEREAS, pursuant to § 32-1-1001(1)(m), C.R.S., the Board is authorized to adopt, amend, and enforce bylaws and rules and regulations not in conflict with the constitution and laws of the State of Colorado for carrying on the business, objects,and affairs of the District; and WHEREAS, pursuant to § 32-1-1001(n), C.R.S., the Board is authorized to have and exercise all rights and powers necessary or incidental to or implied from the specific powers granted to the District by Article 1,Title 32, C.R.S.; and WHEREAS,pursuant to § 42-4-106(3),C.R.S., local authorities with respect to highways under their jurisdiction, may also, by ordinance or resolution, prohibit the operation of trucks or commercial vehicles on designated highways or may impose limitations as to the weight thereof, which prohibitions and limitations shall be designated by appropriate signs placed on such highways; and WHEREAS, the District owns, operates and/or maintains the Cornerstone Trail (the "Roadway") and other such roads which are located within the boundaries of Cornerstone Metropolitan District No. 2; and WHEREAS, the property within Cornerstone Metropolitan District No. 2 is primarily residential and the regulation of commercial vehicles within the residential community is in the best interest of the residents and taxpayers of Cornerstone Metropolitan District No. 2; and WHEREAS, the Board of Directors of the District (the `Board") finds adoption of this Resolution Regarding the Use of Roadways (the "Resolution") to be in the best interest of the District and its residents. 0746.0007:963301 ]