Peak Metropolitan District No. 2 Documents
annual information report
for the year 2023
PEAK METROPOLITAN DISTRICT NO. 2
As required by Section 32-1-207(3)(c), C.R.S. and Section VII of the Consolidated Service Plan for Peak Metropolitan District Nos. 1, 2 and 3 (hereinafter referred to as “District No. 1”, the “District”, “District No. 3” and collectively the “Districts”), approved by the City of Colorado Springs (the “City”) on August 28, 2018, and as amended from time to time (the “Service Plan”), the following report of activities for the District from January 1, 2023 to December 31, 2023 is hereby submitted.
(1) Boundary changes made or proposed to the District’s boundary as of December 31 of the prior year. No inclusions or exclusions of property were effectuated during the reporting period, however, a Second Amended Order for Inclusion Nunc Pro Tunc to October 5, 2022, was recorded at Reception No. 223000130 of the El Paso County Real Property Records on January 3, 2023.
(2) Intergovernmental Agreements with other governmental entities either entered into, proposed or terminated as of December 31 of the prior year. The District did not enter into any intergovernmental agreements during 2023.
(3) Access information to obtain a copy of the District’s rules and regulations, if any, as of December 31 of the prior year. The District does not currently have any rules and regulations and there were none proposed during 2023.
(4) A summary of any litigation which involved the District Public Improvements as of December 31 of the prior year. None.
(5) Status of the District’s construction of the Public Improvements as of December 31 of the prior year. The District did not construct any Public Improvements during 2023.
(6) A list of all facilities and improvements constructed by the District that have been dedicated to and accepted by the City as of December 31 of the prior year. No facilities and improvements were constructed by the District and dedicated to and accepted by the City as of December 31, 2023.
(7) The final assessed valuation of the District for the current year. $132,012,960
(8) Current year budget including a description of the Public Improvements to be constructed in such year. It is not anticipated that the District will construct any Public Improvements during 2024.
2024 Budget(9) Audit of the District’s financial statements, for the year ending December 31 of the previous year, prepared in accordance with generally accepted accounting principles or audit exemption, if applicable.
2023 Audit(10) Notice of any uncured events of default by the District, which continue beyond a ninety (90) day period, under any Debt instrument. None.
(11) Any inability of the District to pay its obligations as they come due, in accordance with the terms of such obligations, which continue beyond a ninety (90) day period. None.
(12) Copies of any Certifications of an External Financial Advisor provided as required by the Privately Placed Debt Limitation provision. Not Applicable.
*For accessibility purposes this is an alternate conforming version of the 2023 Annual Report
The Transparency Notices for the Districts can be accessed on the Special District Association website:
https://www.sdaco.org/special-district-transparency-notice/sda-transparency/search/p/P
