HB25-1219 Metro District Information District No. 1

Description

The CCP Metropolitan District No. 1 (formerly known as GCC Metropolitan District No. 1) is a Title 32 Special District that has been established for the purpose of financing and installing street, park and recreation, water, sanitation, transportation, mosquito control, and safety protection improvements of the District, and the provision of covenant enforcement services; and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the Service Plan for the District approved by the Denver City Council on July 14, 2014, as it may be amended from time to time (the “Service Plan”). The Public Improvements and Services are for the use and benefit of the residents and taxpayers of the District. The District is located in the City and County of Denver, Colorado. The District is a quasi-municipal political subdivision of the State of Colorado authorized to provide specialized services that the City and County of Denver does not provide. The District, in the aggregate with CCP Metropolitan District Nos. 2-4, may incur a maximum debt of $25,000,000. The District may impose a mill levy on taxable property within its boundaries, and may use various other revenue source authorized by law, including fees, to repay such debt. The District, in the aggregate with CCP Metropolitan District Nos. 2-4, may assess a maximum mill levy of 40 mills, as adjusted after January 1, 2014, to repay such debt. The District must file an Annual Report to the City and County of Denver Clerk and Recorder. The District’s boundaries overlap with the boundaries of the City and County of Denver and Denver County 1 School District. If interested in serving on the District’s Boards contact@publicalliancellc.com for more information. of Directors, please contact For information regarding the system or process to contact someone associated with the District during regular business hours and outside of regular business hours, please contact (720) 2136621.