HomeMy WebLinkAbout14833RESOLUTION NO. 14833
A RESOLUTION APPROVING THE SERVICE PLAN FOR
WILDHORSE METROPOLITAN DISTRICT NOS. 1-5
WHEREAS, the Wildhorse Metropolitan District Nos. 1-5 was filed with the City
Clerk (the “City Clerk”) of the City of Pueblo, a municipal corporation (the “City”), pursuant
to Sections 32-1-204.5, C.R.S.; and
WHEREAS, the City Council of the City (the” Council”) held a public hearing on
said Service Plan on March 28, 2022; and
WHEREAS, notice of said public hearing was duly published in the “Pueblo
Chieftain,” a newspaper of general circulation within the boundaries of the District, on
March 6, 2022 and March 12, 2022; and
WHEREAS, the Council has considered the Service Plan in reference to the
information and criteria required and set forth in Section 32-1-202(2) and Section 32-1-
203(2), C.R.S., and in light of testimony and other evidence presented to it at said public
hearing; and
WHEREAS, the Council hereby finds that the Service Plan should be approved as
provided herein, pursuant to Section 32-1204.5, C.R.S; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that:
SECTION 1.
The information contained within the Service Plan for the Wildhorse Metropolitan
District Nos. 1-5 satisfies the requirements of Section 32-1-202(2), C.R.S.
SECTION 2.
Evidence satisfactory to the Council of each of the following was presented, as
provided in Section 32-1-203(2), C.R.S.:
a. There is sufficient existing and projected need for organized service in the
area to be served by the proposed Districts; and
b. The existing services in the areas to be served by the proposed Districts
are inadequate for present and projected needs; and
c. The Districts are capable of providing economical and sufficient services to
the areas within its proposed boundaries; and
d. The areas to be included in the Districts does have, and will have, the
financial ability to discharge the proposed indebtedness on a reasonable basis.
SECTION 3.
The requirements of Section 32-1-204.5, C.R.S., and of the applicable provisions
of the Pueblo Municipal Code, if any, relating to the contents and standards for approval
of the Service Plan, have been fulfilled.
SECTION 4.
The Council hereby approves and authorizes the attachment of this Resolution to
the Petition for organization of the Districts in accordance with Section 32-1-205, C.R.S.
and Section 32-1-301, C.R.S.
SECTION 5.
The officers and staff of the City are authorized to perform any and all acts
consistent with the intent of the Resolution to implement the policies and procedures
described herein.
SECTION 6.
This Resolution shall become effective immediately upon final passage and
approval.
INTRODUCED March 28, 2022
BY: Larry Atencio
MEMBER OF CITY COUNCIL
APPROVED:
PRESIDENT OF CITY COUNCIL
ATTESTED BY:
CITY CLERK
City Clerk’s Office Item # K-1
BACKGROUND PAPER FOR PROPOSED
RESOLUTION
COUNCIL MEETING DATE: March 28, 2022
TO: President Heather Graham and Members of City Council
CC: Nicholas A. Gradisar, Mayor
VIA: Marisa Stoller, City Clerk
FROM: Scott Hobson, Acting Director of Planning and Community Development
SUBJECT: A RESOLUTION APPROVING THE SERVICE PLAN FOR WILDHORSE
METROPOLITAN DISTRICT NOS. 1-5
SUMMARY:
The property owner, Wild Horse Land and Holdings, LLC, who is the proponent for the
creation of the Wildhorse Metropolitan Districts Nos.1-5 established under Title 32 of the
Colorado Revised Statutes have submitted a Service Plan to the City for the proposed
districts. The areas where the districts would be established totals approximately 179
acres. The properties were annexed into the City of Pueblo on January 24, 2022, by
Ordinance Nos. 10103 and 10104. A master plan for the property was approved as the
Wildhorse Overall Development Plan by the City’s Planning and Zoning Commission on
March 9, 2022. In accordance with the requirements of Title 32, Section 32-1-204.5,
C.R.S., the City Council is required to approve the Service Plan of the districts prior to
proceeding with the remaining steps to form the district under state statutes.
PREVIOUS COUNCIL ACTION:
None.
BACKGROUND:
City Council’s approval of the Service Plan for the Wildhorse Metropolitan Districts Nos.
1-5 (“Service Plan”) is the initial step in creating a metropolitan district under Title 32 of
the Colorado Revised Statutes. The proposed metropolitan districts are contained within
the area that is located generally of the intersection of Colorado SH45 (Pueblo Boulevard)
and US Highway 50W in the City and County of Pueblo. The Service Plan encompasses
the areas of the five metropolitan districts that coincides with the boundary of the
Wildhorse Annexation Nos 1 and 2. The Service Plan contains the finance, construction,
operation and maintenance of the facilities and improvements described within the
service area.
The metropolitan districts are proposed to be formed as separate distinct legal entities
from the City with their own elected board of directors under the Colorado Special District
Act. The Districts will have the authority, subject to voter approval, to impose mill levies
on properties in the Districts for the specific purposes, including the operation of the
district’s authorized services and debt payments, as described in the Service Plan. The
proposed metropolitan districts may not deviate in a material manner from the
requirements of the Service Plan.
The Service Plan consists of a description of the proposed services, financial analyses
and general engineering plans showing how proposed facilities and services will be
provided and financed. The plan provides a general description of the facilities to be
constructed, general estimated costs, and the standards of such construction, including
a statement of how the facility and service standards of the Districts are compliant with
facility and service standards of the City. The approval of the Service Plan by City Council
does not imply any approval by the City of any development or improvement plan that is
utilized or described in the Service Plan.
Wildhorse Metropolitan Districts Nos. 1-5 will be organized to finance, construct, own,
manage and operate the public improvements throughout the development areas. The
Coordinating District may provide administrative services for and on behalf of the
Financing Districts. The Coordinating District may own, operate and maintain the public
facilities and improvements within the Development that are not otherwise dedicated or
conveyed to the City, the County, or other public entity or owners’ association. The
Financing Districts (District No. 2, District No. 3, District No. 4, and District No. 5) will be
responsible for financing its respective share of the improvements and associated
operations and maintenance costs, as described in the respective plan for each Financing
District.
The area proposed to be included within the boundaries of District No. 1, the Coordinating
District, will initially contain approximately 18.66 acres. The area proposed to be included
within the boundaries of District No. 2, a Financing District, will initially contain
approximately 26.93 acres. The area proposed to be included within the boundaries of
District No. 3, a Financing District, will initially contain approximately 53.86 acres. The
area proposed to be included within the boundaries of District No. 4, a Financing District,
will initially contain approximately 13.62 acres. The area proposed to be included within
the boundaries of District No. 5, a Financing District, will initially contain approximately
66.26 acres. The Service Plan allows for the boundaries of Districts to be adjusted from
time to time in accordance with the provisions of the Service Plan.
The Service Plan provides for the design, acquisition, construction, installation and
financing of certain water, sanitation, street, safety protection, park and recreation,
transportation, mosquito control, security, and fire protection improvements and services
within and without the Coordinating District’s boundaries. The City is not obligated to
own, operate, or maintain any of the improvements provided by the district. Although any
of the improvements that will ultimately be accepted by the City will be required to be
designed and constructed in compliance with City Standards and provisions of the
Municipal Code. Those improvements not dedicated to City for ownership, operation, and
maintenance may be owned, operated, and maintained by the district or other appropriate
entities.
To finance both the on-site and off-site improvements, the Financial Plan provides for a
maximum mill levy the Districts may impose for the payment of principal of and interest
on Debt at fifty (50) mills.
FINANCIAL IMPLICATIONS:
The approval of the Service Plan does not impose any liability on the City nor create any
responsibility or liability on the part of the City for any of the District’s obligations.
BOARD/COMMISSION RECOMMENDATION:
Not applicable.
STAKEHOLDER PROCESS:
The notice of the filing of the Service Plan with the City Clerk has been distributed to all
existing taxing districts within the service area of the proposed district. The notice of the
hearing on the proposed Service Plan has been provided to the taxing districts.
ALTERNATIVES:
If the Service Plan is not approved or not approved in the timeframe to meet the State
Statutory requirements for the proponents to conduct an election to form the district, the
proponents will not be able to hold another election, per state statutes until November
2022.
RECOMMENDATION:
Approval of the Resolution.
Attachments:
Services Plan - Wildhorse Metropolitan District, Nos. 1-5
Service Plan Review Application
Legal Notice for Public Hearing on Service Plan
CONSOLIDATED
SERVICE PLAN FOR
WILDHORSE METROPOLITAN
DISTRICT NOS. 1-5
CITY OF PUEBLO, COLORADO
Prepared by:
SPENCER FANE LLP
1700 Lincoln Street, Suite 2000
Denver, Colorado 80202
Submitted on: February 16, 2022
Approved on: , 2022
TABLE OF CONTENTS
I. INTRODUCTION .................................................................................................................. 5
II. PURPOSE OF THE DISTRICT ............................................................................................. 7
III. PROPOSED STRUCTURE .................................................................................................... 7
IV. DISTRICT BOUNDARIES/MAPS ........................................................................................ 8
V. PROPOSED LAND USE/POPULATION PROJECTIONS .................................................. 9
VI. DESCRIPTION OF TYPES OF IMPROVEMENTS AND PROPOSED SERVICES ......... 10
Types of Improvements ......................................................................................................10
1. Sanitation ...................................................................................................................11
2. Water..........................................................................................................................11
3. Streets.........................................................................................................................12
4. Safety Protection ........................................................................................................12
5. Park and Recreation ...................................................................................................13
6. Transportation ............................................................................................................13
7. Mosquito Control ...................................................................................................... 14
8. Fire Protection ........................................................................................................... 14
9. Security ..................................................................................................................... 14
10. Other Powers ............................................................................................................. 15
Standards of Construction/Statement of Compliance ...................................................... 16
Limitations of the Districts Powers ................................................................................... 17
Disclaimer ...........................................................................................................................18
VII. DISSOLUTION/CONSOLIDATION ..................................................................................19
VIII. PROPOSED AGREEMENTS .............................................................................................. 19
Coordinated Services of Districts ....................................................................................... 19
Additional Intergovernmental Agreements and Agreements with Private Entities........... 20
Voter Authorization............................................................................................................ 20
IX. ASSESSED VALUATION .................................................................................................. 20
X. ESTIMATED OPERATION COSTS ................................................................................... 20
XI. FINANCIAL PLAN/PROPOSED INDEBTEDNESS .........................................................21
General ............................................................................................................................... 21
Mill Levy ........................................................................................................................23
Cost Summary and Bond Development................................................................................ 26
XII. OTHER REQUIREMENTS ................................................................................................. 27
XIII. CONCLUSION..................................................................................................................... 29
LIST OF EXHIBITS
EXHIBIT A Legal Descriptions of the Distric Boundaries
EXHIBIT B Legal Description of the Future Inclusion Area
EXHIBIT C Boundary Map of the Districts and Future Inclusion Area
EXHIBIT D Vicinity Map
EXHIBIT E Description of Facilities and Costs
EXHIBIT F-1 Depiction of Sanitation Improvements
EXHIBIT F-2 Depiction of Water Improvements
EXHIBIT F-3 Depiction of Streets and Safety Protection Improvements
EXHIBIT F-4 Depiction of Drainage Improvements
EXHIBIT F-5 Depiction of Park and Recreation Improvements
EXHIBIT G Financial Plan
EXHIBIT H District Coordinating Services Agreement
EXHIBIT I Notice of Special District Disclosure Form
I. INTRODUCTION
Metropolitan
A. General Overview. This service plan Service Plan) for Wildhorse
District Nos. 1-5 (collectively, the Distric and each a District) is submitted for special districts
proposed to be organized to serve the needs of the Wildhorse development (the Development)
within the boundaries of the City of Pueblo, Colorado Puebl or the City. A legal description
of each District is contained in Exhibit A. An initial boundary map is included in Exhibit B to this
Service Plan (the District Boundaries. A vicinity map showing the location of the Districts is
contained in Exhibit D to this Service Plan.
This Service Plan has been prepared to address the current plans for the
Development, which will be served by five metropolitan districts as follows: Wildhorse
Metropolitan District No. 1 (the Coordinating District, Wildhorse Metropolitan District No. 2
(istrict No. 2), Wildhorse Metropolitan District No. 3 (istrict No. 3), Wildhorse
Metropolitan District No. 4 (istrict No. 4), and Wildhorse Metropolitan District No. 5 (istrict
No. 5).
In general, it is intended that the Districts will provide for the finance, construction,
operation, and maintenance of the facilities and improvements described herein. The Districts
may enter into an Intergovernmental District Facilities Construction and Service Agreement
(IGA, which is anticipated to be substantially similar to the form attached hereto as Exhibit H
to coordinate the financing and provision of certain operation, maintenance and administrative
services for the Project.
Pursuant to the requirements of the Special District Control Act, Section 32-1-201
et seq., Colorado Revised Statutes C.R.S., this Service Plan consists of a financial analysis and
5
anengineeringplanshowinghowtheproposedfacilitiesandservicesoftheDistrictswillbe
provided and financed. The information provided herein is preliminary in nature and is subject to
change as development within the Districts evolve. Approval of this Service Plan by the City
Council of the City of Pueblo City Council) does not imply any approval of any development
or improvement plan that is utilized as a part of an exhibit in this Service Plan. The following items
are included in this Service Plan:
A. A description of the proposed services;
B. A financial plan showing how the proposed services are to be financed;
C. A preliminary engineering or architectural survey showing how the proposed
services are to be provided;
D. A map of the District Boundaries, as hereafter defined, and an estimate of the
population and valuation for assessment of the Districts;
E. A general description of the facilities to be constructed and the standards of such
construction, including a statement of how the facility and service standards of the
Districts are compliant with facility and service standards of the City and of
municipalities and special districts which are interested parties;
F. A general description of the estimated cost, if any, of acquiring land, engineering
services, legal services, administrative services, initial proposed indebtedness
and estimated proposed maximum interest rates and discounts, and other major
expenses related to the organization and initial operation of the Districts; and
G. A description of any arrangement or proposed agreement with any political
subdivision for the performance of any services between the Districts and such
other political subdivision.
6
II. PURPOSE OF THE DISTRICT
The Development is within the boundaries of the City. The property within the Service
Area (defined herein) is located generally north of the intersection of Colorado 45 and US-50 in
the City and County of Pueblo. The Development is now vacant and is not presently served
with the facilities and services to be provided by the Districts. The Development is being
developed by Wild Horse Land and Holdings, LLC, or its affiliates, successors or assigns (the
Develope. Neither the City nor any other special district has plans to provide such services and
facilities within a reasonable time and on a comparable basis. Therefore, it is necessary that the
Districts be able to provide the inhabitants of the Development with water, sewer, street, safety
protection, parks and recreation, transportation, mosquito control, security services, and fire
protection services and to dedicate, when appropriate, some of the public improvements to the
City, the Pueblo Fire Department (the Fire Department, or to such other entity as appropriate.
III. PROPOSED STRUCTURE
Services will be provided to the Development by the Coordinating District together with
District No. 2, District No. 3, District No. 4, and District No. 5. The Districts will be organized to
finance, construct, own, manage and operate the public improvements throughout the
Development. District No. 2, District No. 3, District No. 4, and District No. 5 (collectively, the
inancing Districts) will be organized to coordinate their efforts in order to provide public
services to the Development in the most efficient manner possible. The Coordinating District may
provide administrative services for and on behalf of the Financing Districts. The Coordinating
District may own, operate and maintain the public facilities and improvements within the
Development that are not otherwise dedicated or conveyed to the City, the County, or other public
7
entityorownerassociation.EachFinancing Districtmayberesponsibleforanyandallcosts,
fees, charges and expenses incurred by the Coordinating District in providing administrative
services and operations and maintenance services. The Districts may enter into the IGA which will
set forth the arrangements for the financing, construction, and operations of the improvements
contemplated herein for the Development. It is anticipated that the property within the Districts
Boundaries will be developed for residential and commercial uses.
The multiple district structure, comprised of the Coordinating District together with the
Financing Districts, is proposed because it provides several benefits to the inhabitants of the
Development and the City. Multiple districts will assure that: 1) the necessary services and
improvements can be financed in the most favorable and efficient manner; 2) all the services and
improvements needed for the Development will be available when needed through managed
development; and 3) a reasonable mill levy and reasonable tax burden on all residential,
commercial, and industrial property within the Districts will be maintained through managed
financing, coordinated completion of infrastructure improvements and coordinated operations and
maintenance services. In order to maintain flexibility and best serve the Development, the Districts
may coordinate their efforts through alternative structures not specifically contemplated herein.
IV. DISTRICT BOUNDARIES/MAPS
The area initially proposed to be included within the Distric Boundaries consists
of approximately One Hundred and Seventy-Nine (179) acres. Legal descriptions and maps of the
District Boundaries are attached hereto as Exhibit A and Exhibit B. A vicinity map of the
Development is attached as Exhibit C. The District Boundaries as they may be changed from
time to time, as well as the Future Inclusion Area (defined below), shall be collectively referred
8
tohereinastheServiceArea.
The property described on Exhibit B, and depicted in Exhibit C, attached hereto and
incorporated herein, is the uture Inclusion A.
Only boundary adjustments which add to, or subtract from, the total acreage of the Districts
shall be considered a material modification of this Service Plan and shall require the prior written
approval for the City Council. No additional approval from the City Council shall be required for
boundary adjustments which do not increase or decrease the total acreage of the Districts; so long
as the total acreage of the Districts does not change, the District individual boundaries may be
adjusted as the Districts deem necessary to account for development pace, infrastructure phasing
requirements, and other market conditions. Such adjustments shall be effected pursuant to Sections
32-1-401 et seq., and 32-1-501 et seq., C.R.S.
The boundaries of the Districts shall not overlap unless the aggregate mill levy for
payment of debt of the overlapping Districts will not at any time exceed the Debt Mill Levy
Limit.
V. PROPOSED LAND USE/POPULATION PROJECTIONS
The property within the District Boundaries is now undeveloped and is not presently served
with the facilities and/or services proposed to be provided by the Coordinating District, nor does
Pueblo or any other special district have any plans to provide such services within a reasonable
time and on a comparable basis. The Development, which is approximately one hundred and
seventy-nine (179) acres, is entirely within the boundaries of the City.
It is anticipated that the property within the District 4 boundaries will be developed with
approximately two-hundred and seventy (270) multi-family residential rental units, with a
9
projected populationof540 personsbasedonaratioof2.0residentsperhousehold.It is anticipated
that the property within the District No. 1 boundaries will be developed to include an 84,500 square
foot office-warehouse space. It is anticipated that the property within the District 2 boundaries will
be developed to include approximately 162,500 square feet of retail space. It is anticipated that the
Property within the District 3 boundaries will be developed with approximately 176,240 square feet
of commercial space, a 50,000 square foot auto dealership, a 4,000 square foot auto service space,
and a 160 room hotel. It is anticipated that the property within the District 5 boundaries will be
developed with an approximately 439,850 square foot office-warehouse space.
VI. DESCRIPTION OF TYPES OF IMPROVEMENTS AND PROPOSED SERVICES
The following paragraphs provide a description of the types of improvements and proposed
services to be provided by the Districts. The City shall not be obligated to own, operate, or maintain
any of the improvements provided by the Districts. Those improvements not dedicated to the City
for ownership, operation, and maintenance may be owned, operated and maintained by the
Districts or other appropriate entities.
A. Types of Improvements. The Districts plan to provide for the design,
acquisition, construction, installation and financing of certain water, sanitation, street, safety
protection, park and recreation, transportation, mosquito control, security, and fire protection
improvements and services within and without the District Boundaries. This Service Plan
describes those improvements anticipated for construction and the services the Districts
anticipate providing. The improvements and services will benefit all of the property owners and
residents within the Development. A general description of each type of improvement and
service to be provided by the Districts follows this paragraph, and Exhibit E lists the
improvements planned to be provided for the property within the Service Area and estimated
10
costs ofsuch facilities(theImprovements.Theimprovementsgenerally depicted and
described in Exhibits F-1 through F-5 have been presented for illustration only. The exact
design, sub-phasing of construction and location of the improvements will be determined at the
time of the submittal of the site development plan and, if approved by the City, such decisions
shall not be considered to be a material modification of this Service Plan. The Districts shall
have the authority to finance improvements for such properties subject to the debt issuance
limitations set forth in Section XI, Paragraph A hereof.
1. Sanitation. The Districts shall have the power to provide for the design,
acquisition, construction, financing, completion, and installation of a local sanitary sewage
collection and transmission system which may include, but shall not be limited to, collection mains
and laterals, lift stations, transmission lines, and/or storm sewer, flood and surface drainage
facilities and systems, including detention/retention ponds and associated irrigation facilities, and
all necessary, incidental, and appurtenant facilities, land and easements, together with extensions
of and improvements to said system within and without the District Boundaries. The Districts
may provide for sanitary sewage collection and transmission through the purchase of capacity in
existing collection mains and transmission lines.
Except as otherwise provided herein, it is anticipated that, following acceptance by
the City, the City will own, operate, and maintain any sanitation improvements constructed by the
Districts. It is anticipated that storm water improvements will be dedicated to and accepted by the
City for ongoing ownership and maintenance obligations. The Districts shall have the authority to
install and maintain landscaping improvements in the vicinity of said storm water improvements.
2. Water. The Districts shall have the power to provide for the design,
acquisition, construction, financing, completion, and installation of a complete potable and non-
11
potable localwater,transmission,anddistributionsystem,whichmay include,butshallnotbe
limited to, transmission lines, distribution mains and laterals, pressure reducing stations, irrigation
facilities, storage facilities, water supply, water rights, land and easements, and all necessary,
incidental, and appurtenant facilities, together with extensions of and improvements to said system
within and without the District Boundaries.
3. Streets. The Districts shall have the power to provide for the design,
acquisition, construction, financing, completion, and installation of street improvements,
including curbs, gutters, culverts, and other drainage facilities, acceleration and deceleration
lanes, sidewalks, bike paths and pedestrian ways, median islands, paving, lighting, parking lots,
grading, landscaping and irrigation, together with all necessary, incidental, and appurtenant
facilities, land and easements, together with extensions of and improvements to said facilities
within and without the District Boundaries.
It is anticipated that, following acceptance by the City, the City will own and
maintain any streets and street improvements within the Development.
4. Safety Protection. The Districts shall have the power to provide for the
design, acquisition, construction, financing, completion, and installation of facilities and/or
services for a system of traffic and safety controls and devices on streets and highways and at
railroad crossings, including, but not limited to, signalization, signing and striping, together with
all necessary, incidental, and appurtenant facilities, land and easements, together with
extensions of and improvements to said facilities within and without the District Boundaries.
Following acceptance by the appropriate entities, it is anticipated that any
safety protection improvements will be transferred to the City for ownership, operation and
12
maintenance.
5. Park and Recreation. The Districts shall have the power to provide for the
design, acquisition, construction, financing, completion, and installation of parks and
recreational facilities and programs including, but not limited to, parks, bike paths and
pedestrian ways, open space, landscaping, cultural activities, water bodies, irrigation facilities,
and other active and passive recreational facilities, programs, and events, and all necessary,
incidental and appurtenant facilities, land and easements, together with extensions of and
improvements to said facilities within and without the District Boundaries.
Following acceptance by the appropriate entities, it is anticipated that some
of the park and recreation improvements that may be constructed by the Districts will be owned,
operated, and maintained by the City and, subject to the Citys consent, some of the improvements
may be operated and maintained by the Coordinating District, applicable Financing District, or
other appropriate owners associations.
6. Transportation. The Districts shall have the power to provide for the
design, acquisition, construction, financing, completion, and installation of a system to transport
the public by bus, rail, or any other means of conveyance, or combination thereof, or pursuant
to contract, including park and ride facilities and parking lots, structures and facilities; together
with all necessary, incidental and appurtenant facilities, land and easements, and all necessary
extensions of and improvements to said facilities or systems within and without the District
Boundaries.
Following acceptance by the appropriate entities, it is anticipated that any
transportation improvements will be transferred to the City or other appropriate entity for
13
ownership,operation,and maintenance.
7. Mosquito Control. The Districts shall have the power to provide for the
eradication and control of mosquitoes, including, but not limited to, elimination or treatment of
breeding grounds and purchase, lease, contracting or other use of equipment or supplies for
mosquito control within and without the District Boundaries. It is anticipated that any
mosquito control improvements will be maintained by an owns association, the Coordinating
District, applicable Financing District, or the City.
The Coordinating District shall have the power to provide
8. Fire Protection.
for the financing of and design, acquisition, construction, completion, installation, operation and
maintenance of facilities and equipment for fire protection, including fire stations, ambulance and
emergency medical response and rescue services, hazardous material services, diving and
grappling stations and all necessary, incidental and appurtenant facilities, land and easements,
together with extensions of and improvements to said systems within and without the District
boundaries. Following acceptance, the fire protection improvements and facilities will be
transferred to the Fire Department for ownership, operation and maintenance. The Distric
authority to provide fire protection services and facilities shall be subject to an agreement
between each District and the Fire Department pursuant to Section 32-1- 107(3)(b)(IV), C.R.S.
It is the express intent of this Service Plan that each Districauthority to provide fire protection
service and facilities shall be exercised cooperatively with the existing Fire Department, rather
than authorize the creation of an independent fire department as a part of each District.
9. Security. The Districts shall have the power to furnish security services for
any area within the Service Area. Prior to furnishing any security services, the Districts shall
14
provide written notification to, consult with, and obtain the prior written consent of the Pueblo
Chief of Police and any applicable master association or similar body having authority in its
charter or declaration to furnish security services within the Service Area.
10. Other Powers. In addition to the enumerated powers, the Districts shall also
have the following authority:
(a)
Plan Modifications. To modify this Service Plan in accordance with
the statutory procedures set forth in Section 32-1-207, C.R.S.
(b) Phasing, Deferral. Without modifying this Service Plan, to defer,
forego, reschedule, or restructure the financing and construction of certain improvements and
facilities, to better accommodate the pace of growth, resource availability, and potential
inclusions of property within the Districts in accordance with Section IV hereinabove.
(c) Additional Services. Except as specifically provided herein, to
provide such additional services and exercise such powers as are expressly or impliedly granted to
special districts by Colorado law, including but not limited to those powers delineated in Section
32-1-1004, C.R.S., as the same may be amended from time to time.
(d) Subdistricts. With the prior consent of City Council, the Districts
shall have the authority pursuant to Section 32-1-1101(1)(f)(I), C.R.S. and Section 32-1-
1101(1.5)(a) through (1.5)(e), C.R.S., to divide the Districts into one or more areas consistent
with the services, programs and facilities to be furnished therein.
(e) Special Improvement Districts. With the prior consent of City
Council, the Districts shall be authorized to establish special improvement districts within the
15
ServiceAreaasprovidedinSection32-1-1101(1)(g),C.R.S.,andshallhavetheauthority to
exercise all powers necessary and related to such special improvement districts as permitted by
Section 32-1-1101(1)(g), C.R.S.
(f) Enterprises. The Distric Boards may set up enterprises to manage,
fund, and operate such facilities, services, and programs as may qualify for enterprise status using
the procedures and criteria provided in Article X, Section 20, Colorado State Constitution. To the
extent provided by law, any enterprise established by the District Boards will remain under the
control of each District Board.
Standards of Construction/Statement of Compliance. Any facilities,
Districts may construct pursuant to this Service Plan, if constructed, shall be
which the
constructed in
accordance with the following provisions:
1. The sanitary sewer treatment and/or collection facilities will be designed,
constructed and maintained in accordance with the standards of the Colorado Department of
Health, the City, and other applicable local, state or federal rules and regulations.
2. The Distric water system will be constructed and maintained in accordance
with the standards of the Board of Water Works of Pueblo, Colorado, the Colorado Department of
Public Health and Environment (DPHE) or other jurisdictions, as appropriate.
3. All streets and safety protection facilities to be dedicated to the City will be
constructed in accordance with the standards and specifications of the City.
4. All storm sewers and facilities will be constructed in accordance with the
standards and specifications of the City and other local jurisdictions, as appropriate.
5. All parks and recreational facilities and/or services will be constructed in
accordance with engineering and design requirements appropriate for the surrounding terrain, and
16
shallbeincompliancewithstandardsoftheCityorotherlocalpublicentities,as appropriate.
6. All transportation facilities and/or services will be provided in accordance with
the standards and specifications of the City, if any, or other local public entities, as appropriate.
7. All mosquito control activities and/or programs will be provided in accordance
with the standards and specifications of the CDPHE, the City, and other applicable local, state and
federal regulations.
8. All fire protection facilities and services will be designed, constructed and
maintained in accordance with the standards of the City, the Fire Department and any other
applicable local, state or federal rules and regulations.
The Districts will require its engineers to implement a plan to assure that the
standards by which the facilities are to be constructed are in accordance with the specifications of
the City and any other party which will have jurisdiction over the design and/or construction of
such facilities.
Limitations of the Districts Powers
1. The Districts will ensure that any facilities which the Districts may construct
pursuant to this Service Plan are designed and constructed in accordance with the standards and
specifications of the City and of other governmental entities having proper jurisdiction. The
Districts will obtain the Citys approval of civil engineering plans and will obtain applicable
permits for construction and installation of all such facilities prior to performing all such work.
2. The Districts shall not exercise their power of eminent domain without the
prior written consent of the City Council. This restriction on the Distric exercise of the eminent
domain power is being voluntarily acquiesced to by the Districts and shall not be interpreted in
any way as a limitation on the Distric sovereign powers and shall not negatively affect the
17
DistricstatusasapoliticalsubdivisionoftheStateasconferredbytheSpecialDistrictAct.
Disclaimer.
1. The financial information and other representations contained in this Service
Plan have not been independently reviewed or verified by the City and the City disclaims any
opinion as to the accuracy or reliability of same.
2. The City has no legal obligation to accept, for ownership and maintenance
purposes, any facilities which the Districts may construct pursuant to this Service Plan.
3. The City is not and never shall be obligated to pay any of the debt obligations of
the Districts. The faith and credit of the City will not be pledged for the repayment of any debt or
other financial obligation of any Districts. This will be clearly stated on all offering circulars,
prospectuses, or disclosure statements associated with any securities issued by any District. The
Districts shall not utilize the City of Pueblo name in the name of any District. In the text of each
Bond and any other instrument representing and constituting the debt or other multi-fiscal year
obligation of any of the Districts, there shall be set forth a statement insubstantially the following
form:
By acceptance of this instrument, the owner of this Bond \[or other debt obligations\]
agrees and consents to all of the limitations in respect of the payment of the
principal of and interest on this Bond \[or other debt obligations\] contained herein,
in the resolution of the District authorizing the issuance of this Bond \[or other debt
obligations\] and in the Service Plan for the District.
Similar language describing the limitations in respect of the payment of the
principal of and interest on debt set forth in this Service Plan shall be included in any document
used for the offering of the debt for sale to persons including, but not limited to, a developer of
property within the Districts Boundaries.
18
VII. DISSOLUTION/CONSOLIDATION
At the request of Pueblo or if the Distric Boards deem it to be in the best interests of the
Districts that the Districts be dissolved, the Districts shall initiate and diligently pursue dissolution
in accordance with Section 32-1-701 et seq., C.R.S., at such time as: (1) Pueblo agrees to provide
or cause to be provided substantially the same level of operations and maintenance (if any) of the
District facilities as the Districts have provided, (2) all of the proposed improvements and
facilities have been constructed and conveyed to the City or other appropriate entity, and (3) all debt
incurred for such facilities has been repaid or arrangement for repayment has been made in
accordance with State law. The City Council may consent to the dissolution by resolution.
Except with respect to a consolidation among the Districts, a request shall not be filed with
any court to consolidate with another Title 32 district without the prior written consent of the City
Council.
VIII. PROPOSED AGREEMENTS
Coordinated Services of Districts. As discussed in this Service Plan, the
relationship between the Coordinating District and the Financing Districts may be
established through the proposed IGA. The IGA is anticipated to provide the procedures for
coordinated
financing, budgeting, and administrative oversight and management.
Additional Intergovernmental Agreements and Agreements with Private
Entities. To the extent practicable, the Districts may enter into additional intergovernmental
and private agreements to better ensure long-term provision and effective management of the
19
publicimprovements andservices.Agreementsmayalsobeexecutedwithpropertyowners
associations and other service providers. Any additional intergovernmental agreements are
authorized pursuant to Colorado Constitution, Article XIV, § 18 (2)(a) and Section 29-1-201 et
seq.,
C.R.S.
Voter Authorization. To the extent necessary to comply with statutory and/or
Constitutional requirements for approval of debt or long-term financial obligations, the terms
of the aforementioned intergovernmental agreements and any other intergovernmental
agreement deemed necessary to effectuate the long-term plans of the Districts will be
submitted to the electors of the Districts for approval. The Districts shall have the authority to
obtain the required voter authorization in order to exercise its rights and obligations under
such agreements and to enter into the agreements without further approval of Pueblo.
IX. ASSESSED VALUATION
The Financial Plan for the Districts is attached hereto as Exhibit G. For purposes of the
Financial Plan, the property within the Service Area is assumed to have a current assessed valuation
of $0. The projected build-out and assessed valuation for the property within the Service Area is
set forth in the Financial Plan.
X. ESTIMATED OPERATION COSTS
Subject to the applicable warranty, the Districts intend to dedicate certain facilities
constructed or acquired, to the appropriate jurisdiction for operations and maintenance. Certain
facilities completed within the boundaries of the Financing Districts may be owned, operated
and/or maintained by the Coordinating District.
20
There are statutory and constitutional limits on the Districability to increase its mill
levy for provision of operation and maintenance services without an election. The Districts
intend to obtain the necessary electoral approval to comply with the foregoing limitations. The
Debt Mill Levy Cap, defined below, proposed for repayment of bonds does not apply to the
Distric abilities to increase its mill levy as necessary for the provision of operation services
to its taxpayers and service users.
In addition to the operations mill levy, the Districts may also rely upon various other
revenue sources authorized by law and this Service Plan to offset the expenses of each District
management, operations, and maintenance. These may include revenues from other
governmental entities, developers, and other public or private entities, as well as the power to
assess fees, rates, penalties, or charges as provided in Title 32, Article 1, C.R.S., as amended.
The Districts shall have the authority to repay the Developer for amounts advanced for
operations expenses together with accrued interest thereon and to seek electorate approval for
such obligation to be deemed a multiple-fiscal year obligation, provided such obligation shall
be subordinate to the Distric bonds issued for capital improvements.
XI. FINANCIAL PLAN/PROPOSED INDEBTEDNESS
General. The Financial Plan attached hereto as Exhibit G shows how the
proposed improvements and/or services may be financed, including the estimated costs, if any,
of acquiring land, engineering services, legal services, administrative services, proposed
indebtedness and estimated proposed maximum interest rates and discounts, and other major
expenses related to the organization and operation of the Districts. The Financial Plan
demonstrates that, at various projected levels of development, the Districts have the ability to
21
financetheproposedimprovements identifiedhereinandwillbecapableofdischargingthe
proposed indebtedness on a reasonable basis. The Financing Plan demonstrates one method that
might be used by the Districts to finance the cost of public improvements.
Pursuant to the IGA, the Financing Districts will be responsible for financing the
cost of certain of the improvements described on Exhibit E, and the Coordinating District will be
responsible for owning, operating and maintaining such improvements. The provision of facilities
by the Districts will be primarily financed by the Districissuance of general obligation bonds,
revenue bonds, or other multiple fiscal year obligations, secured by, among other sources of
revenue, the ad valorem taxing authority of the Financing Districts, with limitations as discussed
below.
In order to finance the improvements, the Financial Plan demonstrates the issuance
of approximately Seventy Million One Hundred Twenty Thousand Dollars ($70,120,000) in
general obligation bonds in 2022. The bonds are projected to be refunded by new bonds which
will include an additional Thirty One Million Thirty Five Thousand Five Hundred Dollars
($31,035,500) in 2023. Prior to the issuance of any debt, the construction costs for necessary
improvements may be paid by the Developer, subject to subsequent acquisition by the Districts of
the completed improvements and payment to the Developer of such construction costs, or
dedication of said improvements to the City or other appropriate entity and reimbursement by the
Coordinating District to the Developer for such construction costs. The Financial Plan
demonstrates the issuance of bonds and the anticipated repayment based on the projected
development in the Financing Districts. Each District shall have the authority to issue debt in the
amount of EIGHTY MILLION DOLLARS ($80,000,000) with a total combined limit for all of the
Districts of EIGHTY MILLION DOLLARS ($80,000,000) (the bt Authority). The incurrence
22
ofmultiple fiscalyeardebtobligationsinexcessoftheDebtAuthority shallbeconsidereda
material modification of the Service Plan, which shall be subject to the statutory procedures set
forth in Section 32-1-207, C.R.S. The City shall never be liable for any of the Districts debt
obligations and any offering document accompanying the issuance of any debt and the face of
any debt instrument issued shall disclose that limitation.
If the Developer or other landowner constructs the public infrastructure and
conveys it to the City or the Districts in return for a reimbursement obligation, prior to making
such reimbursement for such amounts, the Districts must receive the report of an independent
engineer or accountant confirming that the amount of the reimbursement is reasonable.
Prior to the issuance of any privately placed Debt for capital related costs, the
District shall obtain the certification of an External Financial Advisor substantially as follows:
We are \[I am\] an External Financial Advisor within the meaning of the Districts
Service Plan.
We \[I\] certify that (1) the net effective interest rate (calculated as defined in Section
32-1-103(12), C.R.S.) to be borne by \[insert the designation of the Debt\] does not
exceed a reasonable current \[tax-exempt\] \[taxable\] interest rate, using criteria
deemed appropriate by us \[me\] and based upon our \[my\] analysis of comparable
high yield securities; and (2) the structure of \[insert designation of the Debt\],
including maturities and early redemption provisions, is reasonable considering the
financial circumstances of the District.
For purposes of the foregoing requirement, an External Financial Advisor is a
consultant that: (1) advises Colorado governmental entities on matters relating to the issuance of
securities by Colorado governmental entities, including matters such as the pricing, sales and
marketing of such securities and the procuring of bond ratings, credit enhancement and insurance
in respect of such securities; (2) shall be an underwriter, investment banker, or individual listed as
a public finance advisor in the Bond Buyes Municipal Market Place; and (3) is not an officer of
23
the District.
Mill Levy. The Districts may assess a mill levy on all taxable property in the
District Boundaries as a source of revenue for repayment of debt service and, as discussed
above, for operations.
Each of the Financing Districts shall only be required to fund on an annual basis,
the amount that the applicable Financing District would be capable of funding through tax
revenues resulting from the imposition of the Debt Mill Levy Cap (defined herein). The maximum
mill levy the Districts may impose for the payment of principal of and interest on Debt shall be
fifty (50) mills (the Debt Mill Levy Cap); provided that if, on or after January 1, 2019, there are
changes in the method of calculating assessed valuation or any constitutionally mandated tax credit,
cut or abatement; the mill levy limitation applicable to such debt may be increased or decreased to
reflect such changes, such increases or decreases to be determined by the Distric Boards in good
faith so that to the extent possible, the actual tax revenues generated by the mill levy, as adjusted
for changes occurring after January 1, 2019, are neither diminished nor enhanced as a result of
such changes. For purposes of the foregoing, a change in the ratio of actual valuation shall be
deemed to be a change in the method of calculating assessed valuation. Except as otherwise
provided in this Section XI.B., the Debt Mill Levy Cap shall not be increased unless first approved
by the City Council and as permitted by statute. Any such increase shall be considered a material
modification of the Service Plan.
The Districts may impose a mill levy to defray operations, maintenance, and
administrative expenses of each District, as deemed necessary to pay for such expenditures. The
Districts shall not impose or attempt to impose a mill levy or fees in lieu of a mill levy on any of
24
thepropertyconveyedordedicatedtotheCityasprovidedinthisServicePlan.
The proposed maximum voted interest rate is estimated at eighteen percent (18%)
and the maximum discount at five percent (5%). The exact interest rates, term and discounts will
be determined at the time the bonds are sold by the Districts, and will reflect market conditions at
the time of sale. The Districts may also issue notes, certificates, debentures, or other evidences of
indebtedness, including, but not limited to, contracts that extend beyond one year, on parity with
or subordinate to debt issued pursuant to the Debt Authority, subject to the limitations set forth
herein. If authorized in the ballot questions, refunding bonds may be issued as determined by the
Distric Boards and, if so authorized, are not subject to the Debt Authority. Further, if authorized
in the ballot questions, the refunding of any debt issued to the Developer, or its affiliates, or any
other entity shall not be subject to the Debt Authority, so as to avoid the double counting of debt
pursuant to the Debt Authority. The Districts may capitalize interest to permit payment of interest
during the time lapse between development of taxable properties and the collection of significant
tax revenues therefrom. Interest income through the reinvestment of construction funds,
capitalized interest, and annual tax receipts will provide additional funds. These revenue sources
should be sufficient to retire the proposed indebtedness if growth occurs as projected; otherwise,
increases in the mill levy and/or the imposition of rates, tolls, fees and charges may be necessary,
but in no event shall the debt service mill levy exceed the Debt Mill Levy Cap.
A District shall not impose a debt service mill levy which exceeds forty (40) years
after the year of its initial imposition of such debt service mill levy unless (1) a majority of the
Board of Directors of the District imposing the mill levy are residents of such District, and (2) such
Board has voted in favor of issuing debt with a term which requires or contemplates the imposition
of a debt service mill levy for a longer period of time than the limitation contained herein.
25
The Districts may impose and collect fees, rates, tolls, and charges (Fees) as a
source of revenue for repayment of debt, capital costs, and/or for operations and maintenance. No
Fees related to the funding of costs of a capital nature shall be authorized to be imposed upon or
collected from taxable property owned or occupied by an End User (defined as a resident
homeowner, renter, commercial property owner, or commercial tenant, but excluding the business
entity that constructs homes or commercial structures) which has the effect, intentional or
otherwise, of creating a capital cost payment obligation in any year on any taxable property owned
or occupied by an End User. Notwithstanding any of the foregoing, the restrictions in this
definition shall not apply to any Fees imposed upon or collected from taxable property for the
purpose of funding operation and maintenance costs of the Districts.
All debt issued by the Districts must be issued in compliance with the requirements
of Section 32-1-1101, C.R.S. and all other requirements of Colorado law.
Cost Summary and Bond Development. The Financial Plan reflects the amount
of bonds to be sold to finance the completion, construction, acquisition and/or installation of the
Improvements, including all costs and expenses related to the anticipated bond issuances. The
amount of bonds sold will be based upon the final engineering estimates and/or actual
construction contracts. Organizational costs, including legal fees, accounting fees, and
capitalized engineering costs, for the Districts are expected to be paid from the proceeds of the
first bond issue.
The Financial Plan projects the anticipated flow of funds and is based upon
estimates of construction and project needs for bond proceeds to finance the improvements. The
Financial Plan sets forth a reasonable estimate of growth within the Districts and allows the Boards
26
ofDirectorsameasureofflexibilitysuchthattheDistrictsneednotincurdebtinexcessofwhatit
needs to meet a growing populations demands for facilities and services.
XII. OTHER REQUIREMENTS
The Districts shall be subject to the following additional requirements:
A. Annual Report. Unless otherwise directed by the City Manager or the Mayor, as
applicable, each District, that is not otherwise deemed inactive in accordance with the Special
District Act, shall be responsible for submitting an annual report to the City Manags Office or
st
the Mayors Office, as applicable, no later than August 1of each year following the year in which
the Order and Decree creating such District has been recorded. The Annual Report shall include
the following information and such other information as might be requested by the City Manager
or the Mayor, as applicable:
1. Boundary changes made or proposed to the District Boundaries as of
st
December 31 of the prior year.
2. Intergovernmental Agreement with other governmental entities, either
st
entered into or proposed as of December 31of the prior year.
st
3. Copies of each Distric rules and regulations, if any as of December 31 of
the prior year.
4. A summary of any litigation which involves the Distric improvements as
st
of December 31 of the prior year.
5. Status of each construction of the improvements as of
st
December 31 of the prior year.
6. A list of all facilities and improvements constructed by each District that
27
st
havebeendedicatedtoandacceptedbytheCityasofDecember31oftheprioryear.
7. The assessed valuation of each District for the current year.
8. Current year budget including a description of the improvements to be
constructed in such year.
9. Audit of each Distric financial statements, for the year ending December
st
31 of the previous year, prepared in accordance with generally accepted accounting principles or
audit exemption, if applicable.
10. Notice of any uncured events of default by each District, which continue
beyond a ninety (90) day period, under any debt instrument.
11. Any inability of each District to pay its obligations as they come due, in
accordance with the terms of such obligations, which continue beyond a ninety (90) day period.
B. Monies from Other Governmental Sources. The Districts shall not apply for or
accept Conservation Trust Funds, Great Outdoors Colorado Funds, or other funds available from
or through governmental or nonprofit entities that the City is eligible to apply for, except pursuant
to an intergovernmental agreement with the City. This Paragraph shall not apply to specific
ownership taxes which shall be distributed to and a revenue source for the Districts without any
limitation.
C. Disclosure to Purchasers. The Districts will use all necessary and appropriate efforts
to assure that all developers of the property located within the Districts provide written notice to all
purchasers of property in the Districts regarding the Debt Mill Levy Cap, as well as a general
description of the District authority to impose and collect taxes, rates, fees, tolls and charges. The
form of notice shall be substantially in the form of Exhibit I hereto; provided that such form may
be modified by the Districts so long as a new form is submitted to the City prior to modification.
Within ninety (90) days of approval of this Service Plan, the Districts shall record a disclosure
28
formwiththePuebloCounty ClerkandRecorderagainstallpropertyincludedintheinitial
District Boundaries and provide a recorded copy to the City Clerks Office.
D. Material modifications of this Service Plan, except as contemplated herein, shall be
subject to approval by the City in accordance with the provisions of Section 32-1-207, C.R.S.
XIII. CONCLUSION
It is submitted that this Service Plan for Wildhorse Metropolitan District Nos. 1-5, as
required by Section 32-1-203 C.R.S., as amended, establishes that:
A. There is sufficient existing and projected need for organized service in the area to be
serviced by the proposed Districts;
B. The existing service in the area to be served by the proposed Districts is inadequate
for present and projected needs;
C. The proposed Districts are capable of providing economical and sufficient service to
the area within its proposed boundaries and to the area within the Service Area; and
D. The area to be included in the proposed Districts has, and will have, the financial
ability to discharge the proposed indebtedness on a reasonable basis.
E. Adequate service is not, and will not be, available to the area through the City, or
other existing municipal or quasi-municipal corporations, including existing special districts,
within a reasonable time and on a comparable basis;
F. The facility and service standards of the Districts are compatible with the facility
and service standards of the City within which the Districts are to be located;
29
G. The proposal is in substantial compliance with a master plan adopted by the City
pursuant to Section 31-23-206, C.R.S.;
H. The proposal is in compliance with any duly adopted county, regional, or state long-
range water quality management plan for the area; and
I. The creation of the Districts is in the best interests of the area proposed to be
served.
30
Wildhorse Metropolitan Districts No.1
Metropolitan District Boundary
Legal description
01/31/2022
th
A parcel of land located in the SW ¼ of Section 10, Township 20 South, Range 65 West, of the 6
Principal Meridian, said parcel being more particularly described as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Commencing at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence N
01 degrees 40 minutes 27 seconds E along the east line of the said W ½ of the E ½ of the SW ¼ of Section
10, a distance of 1,690.16 feet to the Point of Beginning; thence S 88 degrees 51 minutes 22 seconds W,
a distance of 1,022.07 feet; thence along a curve to the right whose radius is 1,500.00 feet and whose
center bears S 76 degrees 33 minutes 36 seconds, a distance of 171.54 feet; thence N 20 degrees 00
minutes 00 seconds E, a distance of 300.00 feet; thence along a curve to the right whose radius is
1,235.00 feet a distance of 664.97 feet to the north line of the said W ½ of the E ½ of the SW ¼ of
Section 10; thence N 88 degrees 57 minutes 11 seconds E along the north line of the said W ½ of the E ½
of the SW ¼ of Section 10, a distance of 516.84 feet to the northeast corner of the said W ½ of the E ½ of
the SW ¼ of Section 10; thence S 01 degrees 40 minutes 27 seconds W along the east line of the said W
½ of the E ½ of the SW ¼ of Section 10, a distance of 971.53 feet to the Point of Beginning.
Containing 18.66 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
Wildhorse Metropolitan Districts No. 2
Metropolitan District Boundary
Legal description
01/31/2022
A parcel of land located in section 9 and the SW ¼ of Section 10, Township 20 South, Range 65 West, of
th
the 6 Principal Meridian, EXCEPT that portion conveyed to the State Department of Highways in rule
and order recorded May 8, 1975 in Book 1813 at Page 36, said parcel being more particularly described
as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Commencing at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence S
89 degrees 10 minutes 16 seconds W, along the south line of the SW ¼ of said Section 10, a distance of
612.25 feet; thence along the north line of the State Highway No. 50 right-of-way as presently located,
the following four (4) courses:
1.thence N 55 degrees 35 minutes 35 seconds W, a distance of 166.17 feet;
2.thence N 23 degrees 35 minutes 46 seconds W, a distance of 141.19 feet;
3.thence N 06 degrees 04 minutes 05 seconds W, a distance of 385.19 feet;
4.thence N 74 degrees 30 minutes 12 seconds W, a distance of 140.29 feet to the Point of
Beginning;
thence along the north line of the State Highway No. 50 right-of-way and Lot 1, Block 1 of Hwy 50 West
CDOT Maintenance Facility No. 1, as presently located, the following six (6) courses:
1.thence N 74 degrees 30 minutes 12 seconds W, a distance of 301.02 feet;
2.thence S 10 degrees 48 minutes 11 seconds W, a distance of 460.12 feet;
3.thence S 67 degrees 53 minutes 08 seconds W, a distance of 309.71 feet;
4.thence S 77 degrees 32 minutes 17 seconds W, a distance of 312.70 feet;
5.thence S 77 degrees 48 minutes 53 seconds W, a distance of 152.37 feet;
6.thence N 88 degrees 08 minutes 38 seconds W, a distance of 178.88 feet;
thence N 29 degrees 39 minutes 59 seconds W, a distance of 2672.16 feet; thence N 63 degrees 10
minutes 55 seconds W, a distance of 171.72 feet; thence N 23 degrees 28 minutes 29 seconds W, a
distance of 627.50 feet; thence along a curve to the left whose radius is 500.00 feet and whose center
bears N 31 degrees 44 minutes 55 seconds E, a distance of 86.56 feet; thence S 68 degrees 10 minutes
13 seconds E, a distance of 872.50 feet; thence along a curve to the left whose radius is 500.00 feet a
distance of 190.50 feet; thence N 90 degrees 00 minutes 00 seconds E, a distance of 152.75 feet; thence
S00 degrees 00 minutes 00 seconds E, a distance of 255.86 feet to the north line of State Highway No.
50 right-of-way as presently located and the Point of Beginning.
Containing 26.93 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
Wildhorse Metropolitan Districts No. 3
Metropolitan District Boundary
Legal description
01/31/2022
A parcel of land located in section 9 and the SW ¼ of Section 10, Township 20 South, Range 65 West, of
th
the 6 Principal Meridian, EXCEPT that portion conveyed to the State Department of Highways in rule
and order recorded May 8, 1975 in Book 1813 at Page 36, said parcel being more particularly described
as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Beginning at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence S 89
degrees 10 minutes 16 seconds W, along the south line of the SW ¼ of said Section 10, a distance of
612.25 feet; thence along the north line of the State Highway No. 50 right-of-way as presently located,
the following four (4) courses:
1.thence N 55 degrees 35 minutes 35 seconds W, a distance of 166.17 feet;
2.thence N 23 degrees 35 minutes 46 seconds W, a distance of 141.19 feet;
3.thence N 06 degrees 04 minutes 05 seconds W, a distance of 385.19 feet;
4.thence N 74 degrees 30 minutes 12 seconds W, a distance of 140.29 feet;
thence N 00 degrees 00 minutes 00 seconds E, a distance of 255.86 feet; thence N 90 degrees 00
minutes 00 seconds W, a distance of 152.75 feet; thence along a curve to the right whose radius is
500.00 feet a distance of 190.50 feet; thence N 68 degrees 10 minutes 13 seconds W, a distance of
872.50 feet; thence along a curve to the right whose radius is 500.00 feet a distance of 226.32 feet;
thence N 49 degrees 24 minutes 52 seconds E, a distance of 69.38 feet; thence N 00 degrees 40 minutes
42 seconds E, a distance of 219.06 feet; thence N 88 degrees 51 minutes 22 seconds E, a distance of
2,309.15 feet to the east line of the W ½ of the E ½ of the SW ¼ of said Section 10; thence S 01 degrees
40 minutes 27 seconds W along the east line of the said W ½ of the E ½ of the SW ¼ of Section 10, a
distance of 1,690.16 feet to the southeast corner of the said W ½ of the E ½ of the SW ¼ of Section 10
and the Point of Beginning.
Containing 53.86 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
Wildhorse Metropolitan Districts No. 4
Metropolitan District Boundary
Legal description
01/31/2022
th
A parcel of land located in section 9, Township 20 South, Range 65 West, of the 6 Principal Meridian,
said parcel being more particularly described as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Commencing at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence S
89 degrees 10 minutes 16 seconds W, along the south line of the SW ¼ of said Section 10, a distance of
612.25 feet; thence along the north line of the State Highway No. 50 right-of-way and Lot 1, Block 1 of
Hwy 50 West CDOT Maintenance Facility No. 1, as presently located, the following nine (9) courses:
1.thence N 55 degrees 35 minutes 35 seconds W, a distance of 166.17 feet;
2.thence N 23 degrees 35 minutes 46 seconds W, a distance of 141.19 feet;
3.thence N 06 degrees 04 minutes 05 seconds W, a distance of 385.19 feet;
4.thence N 74 degrees 30 minutes 12 seconds W, a distance of 441.31 feet;
5.thence S 10 degrees 48 minutes 11 seconds W, a distance of 460.12 feet;
6.thence S 67 degrees 53 minutes 08 seconds W, a distance of 309.71 feet;
7.thence S 77 degrees 32 minutes 17 seconds W, a distance of 312.70 feet;
8.thence S 77 degrees 48 minutes 53 seconds W, a distance of 152.37 feet;
9.thence N 88 degrees 08 minutes 38 seconds W, a distance of 178.88 feet;
thence N 29 degrees 39 minutes 59 seconds W, a distance of 672.16 feet to the Point of Beginning;
thence N 29 degrees 39 minutes 59 seconds W, a distance of 596.96 feet; thence N 45 degrees 34
minutes 43 seconds W, a distance of 664.66 feet; thence N 88 degrees 51 minutes 22 seconds E, a
distance of 921.50 feet; thence S 36 degrees 19 minutes 40 seconds E, a distance of 37.05 feet; thence
along a curve to the left whose radius is 1,019.00 feet and whose radius bears N 53 degrees 42 minutes
09 seconds E, a distance of 255.96 feet; thence S 49 degrees 24 minutes 52 seconds W, a distance of
69.38 feet; thence along a curve to the left whose radius is 500.00 feet and whose center bears N 47
degrees 45 minutes 52 seconds E, a distance of 139.77 feet; thence S 23 degrees 28 minutes 29 seconds
W, a distance of 627.50 feet; thence S 63 degrees 10 minutes 55 seconds W, a distance of 171.72 feet to
the Point of Beginning.
Containing 13.62 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
Wildhorse Metropolitan Districts No. 5
Metropolitan District Boundary
Legal description
01/31/2022
A parcel of land located in section 9 and the SW ¼ of Section 10, Township 20 South, Range 65 West, of
th
the 6 Principal Meridian, said parcel being more particularly described as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Commencing at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence S
89 degrees 10 minutes 16 seconds W, along the south line of the SW ¼ of said Section 10, a distance of
612.25 feet; thence along the north line of the State Highway No. 50 right-of-way and Lot 1, Block 1 of
Hwy 50 West CDOT Maintenance Facility No. 1, as presently located, the following nine (9) courses:
1.thence N 55 degrees 35 minutes 35 seconds W, a distance of 166.17 feet;
2.thence N 23 degrees 35 minutes 46 seconds W, a distance of 141.19 feet;
3.thence N 06 degrees 04 minutes 05 seconds W, a distance of 385.19 feet;
4.thence N 74 degrees 30 minutes 12 seconds W, a distance of 441.31 feet;
5.thence S 10 degrees 48 minutes 11 seconds W, a distance of 460.12 feet;
6.thence S 67 degrees 53 minutes 08 seconds W, a distance of 309.71 feet;
7.thence S 77 degrees 32 minutes 17 seconds W, a distance of 312.70 feet;
8.thence S 77 degrees 48 minutes 53 seconds W, a distance of 152.37 feet;
9.thence N 88 degrees 08 minutes 38 seconds W, a distance of 178.88 feet;
thence N 29 degrees 39 minutes 59 seconds W, a distance of 1,269.12 feet; thence N 45 degrees 34
minutes 43 seconds W, a distance of 664.66 feet to the Point of Beginning; thence N 45 degrees 34
minutes 43 seconds W, a distance of 443.08 feet; thence N 74 degrees 06 minutes 44 seconds W, a
distance of 738.34 feet; thence N 25 degrees 46 minutes 43 seconds W, a distance of 494.36 feet;
thence N 11 degrees 18 minutes 19 seconds W, a distance of 290.71 feet; thence N 02 degrees 50
minutes 55 seconds E, a distance of 379.17 feet; thence S 31 degrees 39 minutes 05 seconds E, a
distance of 26.62 feet; thence along a curve to the left whose radius is 2,864.93 feet and whose center
bears N 58 degrees 44 minutes 59 seconds, a distance of 574.22 feet; thence S 42 degrees 46 minutes 50
seconds E, a distance of 187.77 feet to the north line of the SE ¼ of the said Section 9; thence S 89
degrees 58 minutes 03 seconds E along the north line of the SE ¼ of said Section 9, a distance of 991.15
feet to a point on the east right-of-way line of Wildhorse Road as presently located; thence S 36 degrees
19 minutes 40 seconds E along said east right-of-way line of Wildhorse Road, a distance of 1221.24 feet;
thence S 88 degrees 51 minutes 22 seconds W, a distance of 921.50 feet to the Point of Beginning.
AND
Commencing at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence N
01 degrees 40 minutes 27 seconds E along the east line of the said W ½ of the E ½ of the SW ¼ of Section
10, a distance of 1,690.16 feet; thence S 88 degrees 51 minutes 22 seconds W, a distance of 1,022.07
feet to the Point of Beginning; thence S 88 degrees 51 minutes 22 seconds W, a distance of 1,287.08
feet; thence N 00 degrees 40 minutes 42 seconds E, a distance of 979.52 feet to the north line of said SE
¼ of Section 9; thence N 89 degrees 58 minutes 22 seconds E along the said north line of the SE ¼ of
Section 9, a distance of 328.94 feet to the northeast corner of the said SE ¼ of Section 9; thence N 88
degrees 54 minutes 17 seconds E along the north line of the SW ¼ of said Section 10, a distance of
1,331.50 feet to the northwest corner of the W ½ of the E ½ of the SW ¼ of said Section 10; thence N 88
degrees 57 minutes 11 seconds E along the north line of the said W ½ of the E ½ of the SW ¼ of Section
10, a distance of 148.56 feet; thence along a curve to the left whose radius is 1,235.00 feet and whose
radius bears S 39 degrees 06 minutes 13 seconds E, a distance of 665.97 feet; thence S 20 degrees 00
minutes 00 seconds W, a distance of 300.00 feet; thence along a curve to the left whose radius is
1,500.00 feet a distance of 171.54 feet to the Point of Beginning.
Containing 66.26 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
Wildhorse -5
Inclusion Area
Legal description
01/31/2022
A parcel of land located in section 9 and the SW ¼ of Section 10, Township 20 South, Range 65 West, of
th
the 6 Principal Meridian, EXCEPT that portion conveyed to the State Department of Highways in rule
and order recorded May 8, 1975 in Book 1813 at Page 36, said parcel being more particularly described
as follows:
Basis of Bearings to be the east line of the W ½ of the E ½ of the SW ¼ of Section 10, Township 20 South,
th
Range 65 West of the 6 Principal Meridian to bear N 01 degrees 40 minutes 27 seconds monumented
, all bearings contained
herein to be relative thereto.
Beginning at the Southeast corner of the of the W ½ of the E ½ of SW ¼ of said Section 10; thence S 89
degrees 10 minutes 16 seconds W, along the south line of the SW ¼ of said Section 10, a distance of
612.25 feet; thence along the north line of the State Highway No. 50 right-of-way and Lot 1, Block 1 of
Hwy 50 West CDOT Maintenance Facility No. 1, as presently located, the following nine (9) courses:
1.thence N 55 degrees 35 minutes 35 seconds W, a distance of 166.17 feet;
2.thence N 23 degrees 35 minutes 46 seconds W, a distance of 141.19 feet;
3.thence N 06 degrees 04 minutes 05 seconds W, a distance of 385.19 feet;
4.thence N 74 degrees 30 minutes 12 seconds W, a distance of 441.31 feet;
5.thence S 10 degrees 48 minutes 11 seconds W, a distance of 460.12 feet;
6.thence S 67 degrees 53 minutes 08 seconds W, a distance of 309.71 feet;
7.thence S 77 degrees 32 minutes 17 seconds W, a distance of 312.70 feet;
8.thence S 77 degrees 48 minutes 53 seconds W, a distance of 152.37 feet;
9.thence N 88 degrees 08 minutes 38 seconds W, a distance of 178.88 feet;
thence N 29 degrees 39 minutes 59 seconds W, a distance of 1,269.12 feet; thence N 45 degrees 34
minutes 43 seconds W, a distance of 1,107.74 feet; thence N 74 degrees 06 minutes 44 seconds W, a
distance of 738.34 feet; thence N 25 degrees 46 minutes 43 seconds W, a distance of 494.36 feet;
thence N 11 degrees 18 minutes 19 seconds W, a distance of 290.71 feet; thence N 02 degrees 50
minutes 55 seconds E, a distance of 379.17 feet; thence S 31 degrees 39 minutes 05 seconds E, a
distance of 26.62 feet; thence along a curve to the left whose radius is 2,864.93 feet and whose center
bears N 58 degrees 44 minutes 59 seconds, a distance of 574.22 feet; thence S 42 degrees 46 minutes 50
seconds E, a distance of 187.77 feet to the north line of the SE ¼ of the said Section 9; thence S 89
degrees 58 minutes 03 seconds E along the north line of the SE ¼ of said Section 9, a distance of 991.15
feet to a point on the east right-of-way line of Wildhorse Road as presently located; thence S 36 degrees
19 minutes 40 seconds E along said east right-of-way line of Wildhorse Road, a distance of 1,258.29 feet;
thence continuing along the said east right-of-way line of Wildhorse Road along a curve to the left
whose radius is 1,019.00 feet and whose center bears N 53 degrees 42 minutes 09 seconds, a distance of
255.96 feet; thence N 00 degrees 40 minutes 42 seconds E, a distance of 1,198.59 feet to the north line
of said SE ¼ of Section 9; thence N 89 degrees 58 minutes 22 seconds E along the said north line of the
SE ¼ of Section 9, a distance of 328.94 feet to the northeast corner of the said SE ¼ of Section 9; thence
N 88 degrees 54 minutes 17 seconds E along the north line of the SW ¼ of said Section 10, a distance of
1,331.50 feet to the northwest corner of the W ½ of the E ½ of the SW ¼ of said Section 10; thence N 88
degrees 57 minutes 11 seconds E along the north line of the said W ½ of the E ½ of the SW ¼ of Section
10, a distance of 665.40 feet to the northeast corner of the said W ½ of the E ½ of the SW ¼ of Section
10; thence S 01 degrees 40 minutes 27 seconds W along the east line of the said W ½ of the E ½ of the
SW ¼ of Section 10, a distance of 2,661.69 feet to the southeast corner of the said W ½ of the E ½ of the
SW ¼ of Section 10 and the Point of Beginning.
Containing 179.34 acres more or less.
Prepared by: NORTHSTAR ENGINEERING AND SURVEYING, INC.
th
111 E. 5 Street
Pueblo CO. 81003
January 31, 2022
JN 1804400
5b ЏЍЋЋЍБЊ͵Ќ
5b ЏЍЋЋЍБЊ͵Ќ
Service Plan Gallagherization Base
Current Assumption
Service Plan Mill Levy Cap
Maximum Adjusted Cap
Target Mill Levy
Sales PIF
Lodging PIF
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
et seq.
\[Signature page to follow.\]
WHEN RECORDED RETURN TO:
, CO 80
Metropolitan District Nos. 1-5
(In the City of Pueblo, Pueblo County, Colorado)
SPECIAL DISTRICT PUBLIC DISCLOSURE
Pursuant to § 32-1-104.8 C.R.S.
Name of Districts: Metropolitan District Nos. 1-5 (the “Districts”)
Contact Information for Districts:
, Colorado 80
Type of Districts Metropolitan districts organized pursuant to C.R.S. 32-1-101 et seq. The
Districts will provide operations and maintenance of certain public
improvements within the development, which operations
and maintenance functions may be provided through intergovernmental
agreements.
Identify Districts’ Improvements Streets and safety protection improvements
Financed by Proposed Bonds: On and off-site utilities, including water and wastewater improvements
Storm Drainage improvements
Recreational facilities and park improvements
Landscaping within public right-of-way
Fire protection improvements
Any other improvements authorized by the Special District Act, Article 1,
Title 32, C.R.S., subject to the limitations contained in the District’s Service
Plan.
Identify Services/Facilities Park and recreation related improvements, maintenance of landscaping
within public right-of-way, including but not limited to street trees and
Operated/Maintained by Districts:
streetscape improvements
2354.2000: 1137653
Mill Levy Cap: Maximum Debt Mill Levy = (0) mills for Districts Nos. 1-5
(Note: This District may or may not be Maximum Operating Mill Levy = No maximum – set by Board of Directors
to meet annual costs
certifying a mill levy at the time of
your purchase. Please verify by
The Maximum Debt Mill Levy shall be subject to a Mill Levy Adjustment.
contacting the District.)
Mill Levy Adjustment means, on or after January 1, 2019, if there are
changes in the method of calculating assessed valuation or any
constitutionally mandated tax credit, cut or abatement, the Maximum Debt
Mill Levy may be increased or decreased to reflect such changes, such
increases and decreases to be determined by the Board of Directors of the
District in good faith (such determination to be binding and final) so that to
the extent possible, the actual tax revenues generated by the applicable mill
levy, as adjusted for changes occurring on or after January 1, 2019, are
neither diminished nor enhanced as a result of such changes. For purposes
of the foregoing, a change in the ratio of actual valuation shall be deemed to
be a change in the method of calculating assessed valuation.
Authorized Debt of the Districts per $80,000,000 for each District with total combined limit
for all Districts of $80,000,000.
Service Plan:
$8,000,000 forStreetImprovements
Voter Authorized Debt per Election for
each District: $8,000,000 forParksandRecreation Improvements
$8,000,000 forWaterImprovements
$8,000,000 forSanitation Improvements
$8,000,000 forTransportation Improvements
$8,000,000 for Mosquito Control
$8,000,000 for SafetyProtectionImprovements
$8,000,000 forSecurityImprovements
$8,000,000 forOperationsandMaintenance Debt
$60,000,000 forRefunding
$8,000,000 forDistrictIntergovernmentalAgreements as Debt
$8,000,000 forReimbursementAgreements
$8,000,000 forConstruction Agreements
District Boundaries: A map of the Districts’ boundaries is attached hereto as Exhibit A. Please
note that the Districts’ boundaries may change from time to time. Please
contact the Districts for the latest information.
Sample Calculation of Debt Mill Levy Assumptions:
Cap for a Residential Property
Market value is $250,000
Debt Mill levy cap is 0 mills
Calculation:
$250,000 x .0715 = $17,875 (Assessed Valuation)
$17,875 x .00 mills = $. per year in taxes owed solely to the
Special District (does not include operations and maintenance mill levy)
CERTIFICATION OF MAILING AND PUBLICATION OF NOTICE OF HEARING
IN RE THE ORGANIZATION OF WILDHORSE METROPOLITAN DISTRICT, CITY OF
PUEBLO, COUNTY OF PUEBLO, STATE OF COLORADO
IT IS HEREBY CERTIFIED by the undersigned, as follows:
1. That the City Council of the City of Pueblo, in Pueblo County, Colorado did set a hearing for
th
Monday, the 28 of March, 2022, at 7:00 p.m., or soon thereafter, at 1 City Hall Place, Pueblo,
Colorado concerning the Service Plan and related documents for Wildhorse Metropolitan
District Nos. 1-5 (collectively, s.
2. That, as part of said action, directions were given that a copy of the Notice of Public Hearing,
attached as Exhibit A, be published one time in a newspaper of general circulation within the
proposed Districts.
3. A copy of the Notice was published on March 6, 2022 in the Pueblo Chieftan as evidenced by
the affidavit of publication attached hereto as Exhibit B.
4. A copy of the Notice indicating that the notice is on file Office of the City of Pueblo Planning
and Community Development Department, 211 East D Street, Pueblo, CO 81003, was
published on March 12, 2022 in the Pueblo Chieftan as evidenced by the affidavit of
publication attached hereto as Exhibit C.
5. That, as part of said action, a copy of the Notice of Public Hearing was deposited in the United
States first class mail on March 2, 2022, per the listing attached as Exhibit D, to the property
owners of record within the boundaries of the District, to all taxing authorities within a 3-mile
radius of the Districts; boundaries, as verified by the Pueblo .
nd
Executed this 22 day of March, 2022.
/s/ Laura S. Heinrich
Laura S. Heinrich, Attorney
Spencer Fane LLP
1700 Lincoln Street, Suite 2000, Denver, CO 80203
EXHIBIT A
NOTICE OF PUBLIC HEARING
_______________________________________________________________________________
NOTICE OF PUBLIC HEARING ON CONSOLIDATED SERVICE PLAN
_________________________________________________________________________________
IN RE THE ORGANIZATION OF WILDHORSE METROPOLITAN DISTRICT NOS. 1 - 5, CITY
OF PUEBLO, COUNTY OF PUEBLO, STATE OF COLORADO
_________________________________________________________________________________
PUBLIC NOTICE IS HEREBY GIVEN that there was filed with the City Clerk of the City
for the
proposed Wildhorse Metropolitan District Nos. 1-
is now on file in the Office of the City Clerk of the City of Pueblo, and is available for public
inspection.
NOTICE IS FURTHER GIVEN that pursuant to Section 32-1-204, C.R.S., a public hearing
on said Service Plan and related matters will be held before the City Council at 7:00 p.m. on
Monday, March 28, 2022, at City Hall, 1 City Hall Place, Pueblo, Colorado.
The purpose of the public hearing shall be to consider the adequacy of the Service Plan to
form a basis for adopting a Resolution approving, conditionally approving, or disapproving the
Service Plan.
The Districts will consist of approximately 179 acres and will be generally located generally
north of the intersection of Colorado 45 and US-50 in the City and County of Pueblo.
The Districts shall be metropolitan districts and have the power and authority to provide the
public improvements as described in the Service Plan as such power and authority is described in the
Special District Act and other applicable statutes, common law and the Constitution, subject to the
limitations set forth in the Service Plan and any intergovernmental agreement(s) between the
proposed Districts and the City of Pueblo, as any or all of the same may be amended from time to
time. It is proposed that the maximum mill levy the Districts may impose for the payment of
principal of and interest on Debt be fifty (50) mills. It is also proposed that the Districts be authorized
to impose a mill levy to defray operations, maintenance, and administrative expenses of each District,
as deemed necessary to pay for such expenditures.
NOTICE IS FURTHER GIVEN that pursuant to Section 32-1-203(3.5), C.R.S., as amended,
no later than ten days prior to the public hearing on the Service Plan, any owner of real property
within the proposed Wildhorse Metropolitan District Nos. 1-5 may file a petition with the City
real property be excluded from
the Districts. The City Council shall not be limited in its action with respect to the exclusion of
property based upon such request. Any request for exclusion shall be acted upon before final action
of the City Council concerning approval of the Service Plan.
By: /s/ Marisa Stoller
By: Marisa Stoller, City Clerk
City of Pueblo, Colorado
EXHIBIT B
PROOF OF PUBLICATION
DN 6557265.1
EXHIBIT C
PROOF OF PUBLICATION
DN 6557265.1
EXHIBIT D
MAILING LIST
Taxing Entities
Pueblo County
2631 E. 4th Street
Pueblo, CO 81001
City of Pueblo
1 City Hall Place
Pueblo, CO 81003
Pueblo West Metro District
PO Box 7005
Pueblo CO 81007
Pikes Peak Park Metropolitan District Nos. 1-5
2154 East Commons Avenue, Suite 2000
Centennial, CO 80122
Property Owner/Petitioner
Wildhorse Land and Holdings LLC
PO BOX 64140
Colorado Springs, CO 80962
DN 6557265.1