FAQs
Paradise of Colorado Metropolitan District (#65541) is the official name and ownership.
The Metro District is a quasi-municipal corporation and political subdivision of the State of Colorado and was created to assist with the planning, design, acquisition, construction, installation, operation and maintenance of certain public improvements serving the property owners within the Metro District Boundary.
202.6 acres as shown on attached Boundary Map.
The Board of Directors for Paradise of Colorado Metropolitan District.
The District has paid to install a water tank, water and sewer lines and roads in Paradise Estates, and landscaping and maintenance in Paradise of Colorado, Filings 1 & 2, as outlined in the Service Agreement with the City of Woodland Park.
- Maintain compliance with state requirements for a metropolitan district.
- Maintain and repair, as needed, the decorative structures in the Paradise of Colorado Metro District.
- Maintain landscaping in the Paradise of Colorado Metro District.
Through property tax mill levy of the property owners in the Metro District.
- 5.00 mills for General Fund
- 20.00 mills for Debt Service
Approximately $2,400,000.00.
Colin B. Mielke
Seter & Vander Wall, P.C.
7400 East Orchard Road, Suite 3300
Greenwood Village, CO 80111
303-770-2700
bvanderwall@svwpc.com
The repayment of the “GENERAL OBLIGATION TAXABLE LIMITED TAX NOTE SERIES 2011”. This is the 20.00 Mills referenced in Item 7 above.