Eagle Brook Meadows Metropolitan Districts No. 1-3

In accordance with Section 32-104.5(3)(X), C.R.S., the following general explanation in plain, nontechnical language, is provided.  This information is intended to be read in conjunction with all applicable legal requirements, governing documents, agreements, resolutions, and determinations of the Boards of Directors of the Districts.

1.          A metropolitan district is a special district that provides any two or more of the following services:

(a) Fire protection;

(b) Mosquito control;

(c) Parks and recreation;

(d) Safety protection;

(e) Sanitation;

(f) Solid waste disposal facilities or collection and transportation of solid waste;

(g) Street improvement;

(h) Television relay and translation;

(i) Transportation; and

(j) Water.

2.     In accordance with the Districts’ Service Plan, the Districts may provide the following public improvements and services:

(a)   Sanitation and Storm Drainage

(b)   Water

(c)   Streets

(d)   Traffic and Safety Controls

(e)   Parks and Recreation

(f)    Transportation

(g)   Television Relay and Translator

(h)   Mosquito and Pest Control

(i)    Security

(j)    Covenant Enforcement

The Districts have undertaken construction of the following categories of public improvements:

(a)   Wastewater System;

(b)   Storm Drainage;

(c)   Portable Water System;

(d)   Non-Potable Irrigation Water Systems;

(e)   Street System and Traffic Safety; and

(f)    Park and Recreation.

The Districts will provide the following ongoing services: operation and maintenance services for the above listed public improvements that are not dedicated to the City of Loveland. 

By separate agreement, District No. 1 provides for the construction, operation and maintenance of the public improvements, and District Nos. 2 and 3 assist in providing District No. 1 with funding for the public improvements and services.

3.     In accordance with the Districts’ Service Plan, the total amount of debt the Districts can incur to provide and pay for public infrastructure is as follows:

The maximum amount of Debt which may be incurred by the Districts collectively shall be $14,000,000.

4.     In accordance with the Districts’ Service Plan, the following revenue may be used to pay for the Districts’ debt: 

All Debt issued by the Districts may be payable from any and all legally available revenues of the Districts, including general ad valorem taxes to be imposed upon all taxable property within the Districts..

5.     In accordance with the Districts’ Service Plan, the maximum mill levy the District may assess to pay for its debt is as follows:

The maximum mill levy each District may impose for the payment of principal of and interest on Debt shall be 50 mills (“the “Debt Mill Levy Cap”). Each District also may impose a mill levy to defray operations and maintenance expenses of each District, provided that shall not exceed 15 mills (the “O&M Mill Levy Cap”). In no event shall proceeds of the operations and maintenance mill levy of any District be used to reimburse the Developer for advances made by the Developer for capital expenses.  The Debt Mill Levy Cap and O&M Mill Levy Cap together shall not exceed 65 mills (the “Total Mill Levy Cap”). The Total Mill Levy Cap shall be subject to adjustment if the laws of the state change with respect to the assessment of property for taxation purposes, the ratio for determining assessed valuation changes, or other similar changes occur. In any of these events, the Total Mill Levy Cap shall be automatically adjusted so that the collective tax liability of property owners within the Districts neither increases nor decreases as a result of any such changes, thereby maintaining a constant level of tax receipts of the Districts and overall tax payments from property owners.

6.     Residents within each District may serve on the Board of Directors of the District if they are eligible electors of the District. A resident is an eligible elector of the District if the resident lives within the boundaries of the District and is registered to vote in Colorado.

The following governmental entities overlap with the boundaries of Eagle Brook Meadows Metropolitan District Nos. 1, 2 and 3:

Thompson R2-J School District

Larimer County

City of Loveland

Thompson Valley Health Services District

Larimer County Pest Control

Northern Colorado Water Conservancy District

The following systems are in place for contacting someone associated with the Districts:

During Regular Business Hours (Monday – Friday, 9:00 a.m. – 5:00 p.m., except for holidays or during closures): Please contact Kieyesia Conaway. Email: kieyesia@kellisoncorp.net, Phone: (970) 235-0190

All contact methods are available on the "Contact Us" page.

Outside of Regular Business Hours or When District Personnel are otherwise unavailable or unreachable for emergent matters only: Please contact Connor DeHart. Email: connor@kellisoncorp.net, Phone: (970) 236-1279

The following process is in place for matters of an emergent nature, which is defined as matters that are urgent and require prompt attention which cannot wait until regular business hours due to the potential to affect the health, safety, and welfare of the residents and property owners in the Districts or the integrity of the public improvements owned, operated, and/or maintained by the Districts. Matters of an emergent nature do NOT include emergencies, which should be directed to the appropriate emergency personnel by contacting 9-1-1, or matters which can wait until regular business hours, which should be addressed via any of the methods available on the "Contact Us" page.