Metro District Information

I know in recent news there has been some scrutiny and some possible confusion about Metro Districts and how they work/how they get approved, and what the actual purpose of Metro Districts are.  I wanted to provide you all with some great information about understanding Metro Districts, what the purpose of Metro Districts are, and provide you with some links to find information regarding Budgets, Board Meetings, Financials, Metro District Locations, etc.  Attached to this post is a quick read about how Metro Districts are formed, what they cover initially in a new neighborhood development, how they are governed, and what the overall purpose of a Metro District is. 

I have also included links for you so you can do some research on your specific Metro District and any other Metro District in Colorado.

If you have any questions regarding this information or are having a hard time finding the information you are looking for, please give me a call or email and I will do my best to answer your questions, help you find the information you are looking for, or point you in the right direction. 

Thank you for taking to the time to read our post on this topic.  If you have any other questions regarding Real Estate and our Markets, I am always available to assist and answer questions.  Hope you all have a great day!

 

Maps of Colorado - Metro Districts

data.colorado.gov/Local-Aggregation/Metro-Districts-in-Colorado/knbf-ggf2

 

Search & Filing Documents - Metro Districts

dola.colorado.gov/lgis/

 

Article 1 Title 32 State Statute - Special Districts 

leg.colorado.gov/sites/default/files/images/olls/crs2016-title-32.pdf

 

What is a Metro District?

Metropolitan districts are a type of Title 32 special district that, per State law, can be organized to provide any two or more of the following services:

1. Street improvements
2. Water facilities and services
3. Sanitation facilities and services
4. Park and recreation facilities
5. Traffic-related safety protection improvements
6. Transportation facilities and services
7. Television relay and transmission facilities and services
8. Mosquito control facilities and services

Metropolitan districts are established, typically by developers, to finance the infrastructure necessary to support a new subdivision. The functions of a metropolitan district can include both the construction and the ongoing operation and maintenance of public improvements.  A metropolitan district has various financial powers including the power to tax and/or assess fees for the services it provides and to issue tax-exempt bonds to help pay for public improvements.