Fruition Lochbuie Metropolitan District Nos. 1, 2, 3, and 4

The Fruition Lochbuie Metropolitan Districts Nos. 1-4 are Title 32 Special Districts that have been established for the purpose of financing and installing street and traffic signals, water, sewer, storm drainage and park and recreation improvements of the Districts; and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the Service Plans for the Districts approved by the Town of Lochbuie Board of Trustees on September 19, 2023, as the same may be amended from time to time (the “Service Plans”).

The Public Improvements and Services are for the use and benefit of the residents and taxpayers of the Districts. The Districts are located in the Town of Lochbuie, Weld County, Colorado. The Districts are quasi-municipal political subdivisions of the State of Colorado authorized to provide specialized services that the Town of Lochbuie and Weld County do not provide.

The Districts, in the aggregate, may incur a maximum debt of $50,000,000. The Districts may impose a mill levy on taxable property within their boundaries, and may use various other revenue sources authorized by law to repay such debt.

The Districts, in the aggregate, may assess a maximum mill levy of 50 mills, as adjusted after 2023, to repay such debt.

The Districts must file an Annual Report to the Clerk of the Town of Lochbuie, the Division of Local Government, the State Auditor, and the Weld County Clerk & Recorder.

The Districts’ boundaries overlap with the boundaries of Weld County; School District RE-3J – Keenesburg; Central Colorado Water; Central Colorado Water Subdistrict; Town of Lochbuie; Hudson Fire Protection District; AIMS Junior College; High Plains Library District; and West Adams Conservation District.

If interested in serving on the Districts’ Boards of Directors, please contact info@specialdistrictlaw.com for more information.

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