Paradise of Colorado Metropolitan District

District Disclosure Statement

Lots within Paradise of Colorado Master Plan (the “Community”) containing 200 plus acres are located within the boundaries of the Paradise of Colorado Metropolitan District (the “District”). The District is a quasi-municipal corporation and political subdivision of the State of Colorado. The City of Woodland Park has approved the Service Plan for the District (the “Service Plan”).

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

Paradise of Colorado Metropolitan District is a local government that provides certain public improvements and services for the Paradise of Colorado community.

Public Improvements and Services

The District is authorized by the Special District Act and its Service Plan to design, finance, construct, operate, maintain, and provide various public improvements and services, including, but not limited to, water, storm drainage, parks and recreation, covenant enforcement,  and design review, subject to limitations set forth in the Service Plan.

Maximum Debt Authorization

The District is authorized by its Service Plan to issue a maximum of $1,900,000 in debt without the prior written approval of the City Council for Woodland Park. 

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 25 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 legal counsel for further information:

Seter, Vander Wall & Mielke, P.C.
7400 E. Orchard Road, Suite 3300
Greenwood Village, CO 80111
Phone: (303) 770-2700
Email: svw@svwpc.com

Resolutions and Notices

District meeting agendas are posted on this website and the District designates the entrances to Thunder Ridge Drive and Majestic Parkway as its 24-hour posting location in the District, in the event it is unable to post a notice on this website.