About Metropolitan Districts
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 Bennett Ranch Metropolitan District Nos. 1-4 (the “Districts”) provide the following improvements and services: storm sewer, street, sanitary sewer, water, parks and recreation, traffic and safety, transportation, mosquito control, business recruitment, and security.
Pursuant to the Districts’ Service Plan, approved by Town of Bennett on September 25, 2018 (the “Service Plan”), the Districts are authorized to incur $36,000,000 of debt and impose a maximum debt mill levy of 55. 277 mills for so long as the total amount of aggregate debt of the Districts exceeds fifty percent (50%) of the Districts’ assessed valuation, 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 property tax mill levy, specific ownership taxes, fees, and all other legally available revenues as permitted by law.
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.”
The Districts file their annual report for the prior year with the Town of Bennett.
General Information
Special District Association
The Special District Association of Colorado (SDA) is a statewide membership organization created in 1975 to serve the interests of the special district form of local government in Colorado. You can search for annual transparency notices on this website.
Colorado Department of Local Affairs – Active Colorado Local Governments
This is a website where you can search by the name of the metropolitan district to find information such as budgets, audits, directors’ information and terms, election materials, maps, and the service plan.
Metro District Education Coalition
MDEC serves as a resource on how metropolitan districts work.
Election Information
Colorado Department of Local Affairs – Election Forms
This is a website where you can find metropolitan district election forms, such as self-nomination forms.
Financial Information
Electronic Municipal Market Access (EMMA)
EMMA is designated by the U. S. Securities and Exchange Commission as the official source for municipal securities data and disclosure documents. This is a website where you can search for information regarding debt issued a metropolitan district.
Office of the State Auditor
This is a website where you can search for audits or audit exemptions filed by a metropolitan district. Unless the metropolitan district is exempt (for example, the metropolitan district is inactive or has only nominal activity before development has commenced), the metropolitan district must undergo an annual financial audit by an independent auditor.
Maps
Colorado Information Marketplace Map
This is a website where you can search for metropolitan districts using a map similar to Google maps. Clicking on a metropolitan district will provide a link to more information.
Broomfield County Treasurer
This is a website where you can search properties by address or owner name to find a detailed tax statement identifying which metropolitan district the property is located in.