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Announcements

                       The joint Board Meeting is scheduled for Thursday, November 16th at 9:00 AM. The annual Town Hall Meeting will be held that evening at 5:00 PM. Visit the Meetings page for more information.

About

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

The primary purpose of the District 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 District’s original Service Plan was approved by the City Council 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 unit of local government, 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 at this time there is no discussion on issuing any future mill levies. 

At this time there is no discussion on any additional Long Term Financial Obligations anticipated by the district.  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 operations and maintenance for the District 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.

 

Gold Hill Mesa Metropolitan District No. 2:

Currently Gold Hill Mesa Metropolitan District No. 2 has an existing mill levy of 34.099 mills obligated to pay off Debt (see annual report) and 11.366 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, 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 2022A

Initial Issuance Amount: $12,525,000

Maturity Date: December 1, 2048

Interest Rate: 5.0%

Series 2022B

Initial Issuance Amount: $4,847,000

Maturity Date: December 5, 2039

Interest Rate: 7.0%

 

The Gold Hill Mesa Metropolitan District No. 2 main 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 landscape for all public right of ways.  Click here to view map.

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