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About the District

Gold Hill Mesa is a master-planned community in Colorado Springs.

The District's primary purpose is to finance the construction and maintenance of public improvements for the use and benefit of all anticipated inhabitants and taxpayers of the District. The City Council approved the District’s original Service Plan on September 14, 2004. The District's Amended Consolidated Service Plan was approved by City Council on July 11, 2006. The District is recognized as an independent local government unit, separate and distinct from the City.

Gold Hill Mesa Metropolitan District No. 1:

Currently, Gold Hill Mesa Metropolitan District No. 1 has no existing mill levy set, and there is no discussion of issuing any future mill levies. 

At this time, there is no discussion of any additional Long-Term Financial Obligations anticipated by the district, and there are no current Long-Term Financial Obligations for the district.

The Gold Hill Mesa Metropolitan District No. 1’s main function is funding the district's operations and maintenance, including in conjunction with District No. 2 and District No. 3.  At this time, the district is not anticipating any other primary functions.

The District currently has no real property they own and is in the preliminary stages of dissolving.

Gold Hill Mesa Metropolitan District No. 2:

Currently, Gold Hill Mesa Metropolitan District No. 2 has an existing mill levy of 35.299 mills obligated to pay off Debt (see annual report) and 11.766 mills obligated to support Operations and Maintenance of the District; at this time, there is no discussion on issuing any future mill levies. The Debt mill levy is set to stay in place until the obligated debt is paid off, The current maturity date For Series 2022A is set for December 1, 2048, and Series 2022B is set for December 5, 2039; there are currently no anticipated increases or decreases.

At this time, there is no discussion on any additional Long Term Financial Obligations anticipated by the district.

Here is a summary of the district’s current outstanding Long Term Financial Obligations:

SERIES 2022ASERIES 2022B

Initial Issuance Amount: $12,525,000

Maturity Date: December 1, 2048

Interest Rate: 5.0%

Initial Issuance Amount: $4,847,000

Maturity Date: December 5, 2039

Interest Rate: 7.0%

 

The Gold Hill Mesa Metropolitan District No. 2 primary function is to collect tax revenue to pay off the debt obligation and provide operations and maintenance within the District Boundaries. At this time, the district is not anticipating providing any other primary functions.

The District currently owns and maintains landscape tracts, private alleys, and landscapes for all public rights of way. 

Click to view the Landscape Responsibility Map

Click to view the Snow Plow Responsibility Map