Maple Ridge Metropolitan District

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

Maple Ridge Metropolitan District is a local government that provides certain public improvements and services for the Maple Ridge 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, and servicing debt.

Maximum Debt Authorization

The District is authorized by its Service Plan to issue a maximum of $2,500,000 in general obligation bonds and/or revenue bonds.  The District issued its Limited Tax General Obligation Convertible Capital Appreciation Bonds, Series 2019A, and Limited Tax General Obligation Capital Appreciation Bonds, Series 2019B, in the aggregate principal amount of $1,433,429.50 on May 21, 2019.

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 (37 mills for debt service and 10 mills for operations, and 3 mills for the Town), 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