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) Mosquito control;

(b) Parks and recreation (subject to certain limitations);

(c) Safety protection;

(d) Solid waste disposal;

(e) Street improvements;

(f) Transportation;

() Television relay and translation;

(h) Water (subject to certain limitations);

(i) Storm Sewer;

(j) Covenant enforcement and design review;

(k) Security services;

(l) Sanitation (subject to certain limitations).

The District has completed construction of all public improvements it anticipates completing for the District.

The District currently provides snow removal, landscaping maintenance, street repair and maintenance, drainage maintenance, park and recreation/open space maintenance, and pet waste removal services.

3.  In accordance with the District’s Service Plan, the total maximum amount of debt the District can incur to provide and pay for public infrastructure is $6,000,000 and in addition to the $6,000,000, the District is authorized to issue Refunding Bonds, the total principal amount of which cannot exceed $7,500,000.

4.  In accordance with the District’s Service Plan, the following revenue may be used to pay for the District's debt:  revenue generated from a debt service mill levy on all taxable property in the District. Additional District revenues earmarked for debt service may derive from fees and other sources of revenue provided for by statute.

5.  In accordance with the District’s Service Plan, the maximum mill levy the District may assess to pay for its debt is as follows: a maximum mill levy of forty-five (45) mills shall be imposed to support debt service and a maximum mill levy of twenty-five (25) mills shall be imposed to support operations and maintenance of District facilities and services, provided, however, that the maximum mill levy for the District inclusive of the combined mills dedicated to debt service and mills dedicated to the operation and maintenance of the District shall be sixty (60) mills; provided, however, that in the event that on or after January 1, 2008, there are changes in the method of calculating assessed valuation or any constitutionally mandated tax credit, cut, or abatement, the mill levy limitation applicable to such debt and operating and maintenance expenses may be increased or decreased to reflect such changes, such increases or decreases to be determined by the Board in good faith so that to the extent possible, the actual tax revenue generated by the mill levy are neither diminished nor enhanced as a result of such changes (“Mill Levy Adjustment”). For purposes of the foregoing, a change in the ratio of actual valuation and any constitutional or legislative changes in the actual value against which the assessment rate is applied shall be deemed to be a change in the method of calculating assessed valuation.

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.