About
For District Overview (per Sec. 32-1-104.5(3)(a)(X), C.R.S.)
Liberty Draw Metropolitan Districts Nos. 1-7 is a local government that provides certain public improvements and services for the Liberty Draw community.
Public Improvements and Services
The District is authorized by the Special District Act and its Service Plan to provide various public improvements and services, including including water, sanitary sewer, storm drainage, streets and traffic safety, parks and recreation, transportation, mosquito control, fire protection, television relay and translation, security services, and covenant enforcement and design review.
Maximum Debt Authorization
The District is authorized by its Service Plan to issue a maximum of $53,746,00 in general obligation bonds and/or revenue bonds. Liberty Draw Metropolitan District No. 6 issued its Limited Tax General Obligation Bonds, Series 2023, in the amount of $5,540,000 on june 13, 2023 .
Authorized Sources for Debt Repayment
The District is authorized to repay its general obligation debt from any and all legally available revenues of the District, including general ad valorem taxes.
Maximum Mill Levy for Debt Repayment
The District’s Service Plan imposes a Mill Levy Cap of 50 mills subject to adjustment as described in the Service Plan.
Board Member Qualifications
The District holds regular elections for board members on the first Tuesday after the first Monday in May of each odd-numbered year. A person is qualified to be a candidate if they are a registered to vote under the Colorado Uniform Election Code of 1992 and are either (1) a resident of the District, or (2) the owner (or spouse or civil union partner of an owner) of taxable real or personal property within the District. People interested in a position on the District’s Board of Directors may contact the District’s Manager for further information:
Centennial Consulting Group
2619 Canton Court, STE A
Fort Collins, Co 80525
Phone: 970-484-0101
Email: info@ccgcolorado.com