Meadowlark Metropolitan District

For District Overview (per Sec. 32-1-104.5(3)(a)(X), C.R.S.)

Meadowlark Metropolitan District is a local government that provides certain public improvements and services for the Meadowlark 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 landscaping, storm drainage, streets, parks, and debt service.

Maximum Debt Authorization

The District is authorized by its Service Plan to issue a maximum of $12,949,560 in general obligation bonds and/or revenue bonds.  The District issued its General Obligation (Limited Tax Convertible to Unlimited Tax) Bonds, Series 2020A, and Subordinate Gener Obligation Limited Tax Bonds, Series 2020B, in the aggregate principal amount of $9,404,680 on August 6, 2020. 

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 35 mills , subject to adjustment as described in the Service Plan. For the portion of any aggregate District Debt which is equal to or less than 50% of the District's assessed valuation, either on the date of issuance or at any time thereafter, the mill levy to be imposed to repay such portion of Debt shall not be subject to the Maximum Debt Mill Levy and, as a result, the mill levy may be such amount as is necessary to pay the Debt service on such Debt, without limitation of rate.

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