Peak Metropolitan District Nos. 1-7

The Peak Metropolitan District Nos. 1-3 are Title 32 Special Districts that have been established for the purpose of financing and installing street, park and recreation, water, sanitation, transportation, mosquito control, safety protection, fire protection, and television relay and translation improvements of the Districts, and the provision of covenant enforcement, design review, and security 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 Consolidated Service Plan for the Districts approved by the City of Colorado Springs on August 28, 2018, 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 taxpayers of the Districts. The Districts are located in the City of Colorado Springs, El Paso County, Colorado. The Districts are quasi-municipal political subdivisions of the State of Colorado authorized to provide specialized services that the City of Colorado Springs does not provide.

The Districts, collectively, may incur a maximum debt of $200,000,000. Ad valorem property taxes and other legally available revenues may be used to repay such debt.

The Districts may each assess a maximum mill levy of thirty (30) mills for residential districts and fifty (50) mills for commercial districts to repay such debt. The mill levy may be adjusted to take into account changes in the method of calculating assessed valuation or any constitutionally mandated tax credit, cut, or abatement on or after January 1, 2006.

The Districts must file an annual report with the City Council, the Director of the City’s Budget Department, the Division of Local Government, the State Auditor, and the El Paso County Clerk and Recorder.

The Districts’ boundaries overlap with the boundaries of El Paso County, EPC Road & Bridge Share, City of Colorado Springs, EPC-Colorado Spgs Road & Bridge Share, Widefield School District #3, Southeastern Colo Water Conservancy District, Central Colorado Conservation District, Colo Spgs School District #11, Pikes Peak Library District, Cimarron Hills Fire Protection District, and El Paso County Conservation District. 

If interested in serving on the Districts’ Boards of Directors, please contact info@specialdistrictlaw.com for more information.

For information regarding the system or process to contact someone associated with the Districts during regular business hours and outside of regular business hours, please contact info@specialdistrictlaw.com.