Boyd Ponds Metropolitan District No. 2

District Overview (per Sec. 32-1-104.5(3)(a)(X), C.R.S.)

Boyd Ponds Metropolitan District No. 2 is a local government that provides certain public improvements and services for the Boyd Ponds community.

Public Improvements and Services

The District is authorized by the Special District Act and its Service Plan to provide various public improvements and services, including landscaping, storm drainage, streets, parks, and covenant enforcement and design review. The District’s current services include the financing of completed public improvements, and the provision of certain native grass mowing and limited trash pickup.

Maximum Debt Authorization

The District is authorized by its Service Plan to issue a maximum of $7,000,000 in debt for funding of the District’s public improvements in general obligation bonds and/or revenue bonds, subject to electoral authorization.    

Authorized Sources for Debt Repayment

The District is authorized to repay its general obligation debt from any and all legally available revenues of the District, including general ad valorem taxes.

Maximum Mill Levy for Debt Repayment

The District’s Service Plan imposes a Mill Levy Cap of 40 mills, subject to adjustment, as described in the Service Plan.

Board Member Qualifications

The District holds regular elections for board members on the first Tuesday after the first Monday in May of each odd-numbered year. A person is qualified to be a candidate if they are a registered to vote under the Colorado Uniform Election Code of 1992 and are either (1) a resident of the District, or (2) the owner (or spouse or civil union partner of an owner) of taxable real or personal property within the District.  People interested in a position on the District’s Board of Directors may contact the District’s legal counsel for further information:

Seter, Vander Wall & Mielke, P.C.
7400 E. Orchard Road, Suite 3300
Greenwood Village, CO 80111
Phone: (303) 770-2700
Email: svw@svwpc.com