Governance
Denargo Market Metropolitan District No. 1
The Denargo Market Metropolitan District No. 1 (the “Management District” or the “District”) is a Title 32 Special District that has been established for the purpose of financing and installing street, traffic and safety controls, water, sanitation, stormwater drainage, park and recreation, safety protection, transportation, mosquito control, and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the Service Plan for the District approved by the City and County of Denver on March 8, 2010, as it may be amended from time to time (the “Service Plan”). The Management District was formed concurrently with Denargo Market Metropolitan District No. 2 (“District No. 2”) and Denargo Market Metropolitan District No. 3 (“District No. 3”). District No. 2 and District No. 3 are both financing districts (the “Financing Districts” and together with the Management District, the “Districts”).
The Public Improvements and Services are for the use and benefit of the taxpayers of the District. The District is located in the City and County of Denver, Colorado. The District is a quasi-municipal political subdivision of the State of Colorado authorized to provide specialized services that the City of Denver does not provide.
The Districts, collectively, may incur a maximum debt of $142,000,000 (and up to $147,000,000 with the prior written approval of the Manager of Finance). Ad valorem property taxes and other legally available revenues may be used to repay such debt.
The District may assess a maximum mill levy of forty (40) mills, as adjusted to account for legislative or constitutionally imposed adjustments in assessed values or the method of their calculation as of March 8, 2010, to repay such debt.
The District must file an Annual Report with the Division of Local Government, the State Auditor, and the Denver Clerk and Recorder.
The District’s boundaries overlap with the boundaries of City and County of Denver and the River North Business Improvement District.
If interested in serving on the District’s Board of Directors, please contact David Solin dsolin@sdmsi.com for more information.
Denargo Market Metropolitan District Nos. 2-3
The Denargo Market Metropolitan District Nos. 2-3 (the “Financing Districts”) are Title 32 Special Districts that has been established for the purpose of financing and installing street, traffic and safety controls, water, sanitation, stormwater drainage, park and recreation, safety protection, transportation, mosquito control, 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 Financial Districts approved by the City and County of Denver on March 8, 2010, as they may be amended from time to time (collectively, the “Service Plan”). The Financing Districts were formed concurrently with Denargo Market Metropolitan District No. 1 (the “Management District”).
The Public Improvements and Services are for the use and benefit of the taxpayers of the Districts. The Districts are located in the City and County of Denver, Colorado. The Districts are quasi-municipal political subdivisions of the State of Colorado authorized to provide specialized services that the City and County of Denver do not provide.
The Financing Districts and the Management District, collectively, may incur a maximum debt of $142,000,000 (and up to $147,000,000 with the prior written approval of the Manager of Finance). Ad valorem property taxes and other legally available revenues may be used to repay such debt.
The Financing Districts are each permitted to assess a maximum mill levy of forty (40) mills, as adjusted to account for legislative or constitutionally imposed adjustments in assessed values or the method of their calculation as of March 8, 2010, to repay such debt.
The Financing Districts must file an Annual Report with the Division of Local Government, the State Auditor, and the Denver Clerk and Recorder.
The Financing Districts boundaries overlap with the boundaries of the City and County of Denver and the River North Business Improvement District.
If interested in serving on the Boards of Directors for the Financing Districts, please contact David Solin dsolin@sdmsi.com for more information.
Contact the Districts
The following systems are in place for contacting someone associated with the District.
During Regular Business Hours (Monday – Friday, 8:00 a.m. – 5:00 p.m., except for holidays or during closures):
All contact methods available on the "Contact Us" page
Outside of Regular Business Hours or When District Personnel are otherwise unavailable or unreachable:
The following process is in place for matters of an emergent nature, which is defined as matters that are urgent and require prompt attention which cannot wait until regular business hours due to the potential to affect the health, safety, and welfare of the residents and property owners in the District or the integrity of the public improvements owned, operated, and/or maintained by the District. Matters of an emergent nature do NOT include emergencies, which should be directed to the appropriate emergency personnel by contacting 9-1-1, or matters which can wait until regular business hours, which should be addressed via any of the methods available on the "Contact Us" page:
District Manager: David Solin dsolin@sdmsi.com