Metropolitan District - General Explanation
In accordance with Section 32-1-104.5(3)(X), C.R.S., the following general explanation in plain, nontechnical language, is provided. This information is intended to be read in conjunction with all applicable legal requirements, governing documents, agreements, resolutions, and determinations of the Board of Directors of the District.
1. A metropolitan district is a special district that provides any two or more of the following services:
(a) Fire protection;
(b) Mosquito control;
(c) Parks and recreation;
(d) Safety protection;
(e) Sanitation;
(f) Solid waste disposal facilities or collection and transportation of solid waste;
(g) Street improvement;
(h) Television relay and translation;
(i) Transportation;
(j) Water.
2. In accordance with the District’s Service Plan, the District may provide the following public improvements and services:
(a) Traffic and safety control;
(b) Street and roadway improvements;
(c) Water (subject to certain limitations);
(d) Sanitation (subject to certain limitations);
(e) Drainage (subject to certain limitations);
(f) Parks and recreation;
(g) Television relay and translator;
(h) Mosquito control;
(i) Covenant Enforcement,
(j) Security,
(k) Solid waste disposal facilities or collection and transportation of solid waste.
The District has completed the construction of all public improvements currently anticipated.
The District provides ongoing services consisting of maintenance of the following: landscaping, stormwater improvements, retaining wall, signage, and detention pond.
3. In accordance with the District’s Service Plan, the total amount of debt the District can incur to provide and pay for public infrastructure is Fifteen Million Dollars ($15,000,000).
4. In accordance with the District’s Service Plan, the following revenue may be used to pay for the District's debt: ad valorem property taxes, fees, other source of revenue provided for by statute, system development fees, and other investment fees.
5. In accordance with the District’s Service Plan, the maximum mill levy the District may assess to pay for its debt is fifty (50) mills, subject to adjustment as set forth in the District’s Service Plan.
6. Residents may serve on the Board of Directors of the District if they are eligible electors of the District. A resident is an eligible elector of the District if the resident lives within the boundaries of the District and is registered to vote in Colorado.