General Information
Welcome to Parkdale Metropolitan District Nos. 1-3 and Parkdale Community Authority, located in beautiful Boulder County, Colorado.
Metropolitan districts are local governments that finance public improvements and provide services to promote the health, safety, prosperity, security, and general welfare of the inhabitants of the districts and the people of the state of Colorado. Metropolitan districts fill the gaps that may exist in services that other local governments will not provide, and the services residents may desire. The Parkdale Metropolitan District Nos. 1-3 (the “Districts”) are authorized to provide the following improvements and services: water, storm sewer, sanitation and wastewater treatment, streets, traffic safety protection, parks and recreation, transportation, fire protection, mosquito control, television relay and translation, solid waste disposal facilities or collection and transportation of solid waste, security, and covenant enforcement and design review.
The Districts, pursuant to the Colorado Constitution Article XIV, Sections 18(2)(a) and (b) and Sections 29-1-203 and 29-1-203.5, C.R.S., have entered into that Agreement Establishing the Parkdale Community Authority (the “Authority”) dated as of February 20, 2020 (as further amended or supplemented from time to time, the Establishment Agreement), establishing the Authority to provide the Services (as defined in the Establishment Agreement, generally comprised of the street improvements, traffic and safety controls, retaining walls, park and recreation improvements and facilities, trails, open space, landscaping, drainage improvements, and irrigation system improvements contemplated by the Service Plan for the Districts, including the Public Improvements) and ongoing covenant enforcement, design review services and maintenance services, including landscaping and snow removal and, in connection therewith, to incur financial obligations on behalf of the Districts.
Pursuant to the Districts’ Amended and Restated Service Plan, approved by Town of Erie on December 10, 2019 (the “Service Plan”), the Districts are authorized to incur $100,000,000 of debt and impose a maximum debt mill levy of 50 mills subject to adjustment, as defined in the Service Plan, for repayment of such debt. The Service Plan authorizes the repayment of debt from the following sources: ad valorem taxes.
The Boards of Directors (the “Boards”) govern the Districts. Board members are elected for four-year terms. During election years, the Districts must provide the Call for Nominations to the electors of the Districts noting the Board seats up for election. If an owner or resident would like to run for a Board seat up for election, he or she must submit a self-nomination form to the Designated Election Official by the applicable deadline as provided in the Call for Nominations. When a vacancy occurs on the Boards between elections, an owner or resident may contact the Districts and request to submit a letter of interest to be appointed to Boards. When an individual is appointed to the Boards, the term for that appointment runs to the next regular election.
To qualify as a director of a district, a person must be an “eligible elector” which is defined as a registered voter of Colorado and either: (1) a resident of the District, or (2) the owner (or the spouse or civil union partner of the owner) of taxable real or personal property located within the District. A person who is under contract to purchase taxable property and is obligated to pay taxes prior to closing is also considered an “owner.”
