SW Prospect I-25 Metropolitan District Nos. 1-7

What is a Metropolitan District?

Metropolitan districts are an established unit of government with local and state regulatory oversight. Metropolitan districts are the financing tool that allows public infrastructure and amenities like roads, sewer, trails, and parks to be built in new communities. They are formed by submitting a detailed service plan to the local city or town council, board of trustees, or county commissions for review and approval during a public hearing. These local authorities have oversight and controls over limits on taxation, fees, and services.

Service Plan Information

• The Public Improvements and Services provided
  • All powers authorized in Section 32-1-1004, C.R.S., including but not limited to street improvements, parks and recreation, water, sanitation/storm sewer, transportation, mosquito control, safety protection, fire protection, television relay and translation, and security, subject to limitations in the Districts’ service plan
  • Planning, design, acquisition, construction, installation, relocation, redevelopment, and maintenance of public infrastructure, including:
    • Roadways and traffic signals
    • Potable and non-potable water systems
    • Sanitary sewer and subdrain systems
    • Storm drainage systems
    • Open space, parks, trails, and landscaping
  • Provide operations and maintenance of such public improvements
• Amount of debt the Districts can incur*
  • $103,500,000
• Revenue to repay debt*
  • Ad valorem property taxes (mill levy on taxable property within the District).
  • Public Improvement Fee (PIF): A 0.75% fee on all future retail sales on the properties, net of administrative collection fees
  • Other legally available revenues as permitted by law
• Maximum mill levy to repay debt*
  • The maximum mill levy for debt service is 80 mills, reduced by any debt service mill levy imposed by the Overlay District, I-25/Prospect Interchange Metropolitan District (the maximum debt service mill levy of which is capped 10 mills, subject to Gallagher Adjustment after January 1, 2018).
• How a resident can serve on the Board of Directors
  • The next director election will be held in May 2027. Residents may submit a Self-Nomination and Acceptance Form once a Call for Nominations has been made and notice of the election has been provided.
• Overlapping Entities
  • Poudre R-1 School District
  • Larimer County
  • Ft Collins
  • I-25 / Prospect Interchange Metro Dist
  • Poudre River Public Library Dist
  • Health Dist of No Larimer Cty           
  • N Colo Water Cons Dist        
  • Larimer Co Pest Ctrl Dst
  • Sw Prospect I25 Metro Dist Nos #1-7
  • East Larimer Water Dist        
  • Boxelder Sanitation Dist