Palisade Park West Metropolitan District

The Palisade Park West Metropolitan District is a Title 32 Special District that has been established for the purpose of financing and installing street, park and recreation, water, sanitation, transportation, television relay and translation, mosquito control, and safety protection improvements of the District, and the provision of covenant enforcement and design review services; and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the Service Plan for the District approved by the City and County of Broomfield, Colorado, on August 14, 2018, as it may be amended from time to time (the “Service Plan”).

The Public Improvements and Services are for the use and benefit of the residents and taxpayers of the District. The District is located in the City and County of Broomfield, Colorado. The District is a quasi-municipal political subdivision of the State of Colorado authorized to provide specialized services that the City and County of Broomfield does not provide.

The District may incur a maximum debt of $20,000,000. Ad valorem property tax revenues, tax increment revenues, specific ownership tax revenues, and any and all legally available revenues of the District may be used to repay such debt.

The District may assess a maximum mill levy of fifty (50) mills to repay such debt. Such maximum mill levy is subject to adjustment for changes in the method of calculating assessed valuation or any constitutionally mandated tax credit, cut or abatement on or after August 14, 2018.

The District must file an Annual Report with the City and County of Broomfield Clerk and Recorder.

The District’s boundaries overlap with the boundaries of the City and County of Broomfield, Broomfield Urban Renewal Authority – North Park West, Northern Colorado Water Conservancy District, Regional Transportation District, Boulder Valley Soil Conservation District, St. Vrain Valley School District RE-1J, Left Hand Water District, Front Range Passenger Rail District, and North Metro Fire Rescue District.

If interested in serving on the District Board of Directors, please contact info@specialdistrictlaw.com for more information.

For information regarding the system or process to contact someone associated with the District during regular business hours and outside of regular business hours, please contact info@specialdistrictlaw.com.