About
The Conestoga Metropolitan District Nos. 1-5 (“Districts”) are governmental entities and political subdivisions of the State of Colorado, designed to serve as perpetual quasi-municipal corporations, each operating with an elected five-person Board of Directors. The primary purpose of the Districts are to finance infrastructure required by the Conestoga development and to provide an on-going institutional structure for the operation and maintenance of signage, recreation and landscaping, and other public facilities.
The primary benefits of utilizing a Colorado Special District rather than a homeowner association are:
- Minimization of overhead costs, due to a single District/HOA management entity;
- Limited liability through the Colorado Governmental Immunity Act; and
- The ability to use, among other sources of revenue, the power of taxation to collect the cost of service and development enhancements on an equitable basis, through income tax deductible means.
Metropolitan District Education Video
The Services
The Service Plan for the District provides the District with the ability to finance the construction, acquisition, installation and provide services to the public improvements needed within Conestoga Metropolitan District Nos. 1-5. It also authorizes the District to provide for ongoing operations and maintenance of the signage and monumentation, park and recreation facilities, irrigation water systems and landscaping services. The District has also been granted powers of covenant enforcement and design review. The District’s Board of Directors have chosen to have the District provide covenant enforcement, design review, and any homeowners’ association functions permissible under Colorado law and eliminate the necessity of a separate homeowners’ association and a separate homeowners’ association fee.