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Kelly PC <br />999 18th Street, Suite 1450, Denver, CO 80202 <br /> <br /> <br /> <br /> <br />Kathleen M. Kelly <br />(303) 298-1601 tel <br />(303) 298-1627 fax <br />kathleen@kellypc.com <br />M E M O R A N D U M <br /> <br /> TO: Mayor Stolzmann and City Councilmembers <br /> City of Louisville <br /> <br /> FROM: Kathleen M. Kelly /s/ <br /> <br /> DATE: January 23, 2020 <br /> <br />RE: Metropolitan Districts <br />______________________________________________________________________________ <br /> <br />Introduction. This memorandum has been drafted with assistance from the City’s special <br />district counsel, Kim Crawford with Butler Snow, to provide you general information on a <br />number of topics related to the formation of metropolitan districts, and to assist with the <br />discussion at your January 28th Study Session. It is intended to assist you in evaluating district <br />issues generally, and is not intended to address specific issues for specific existing or proposed <br />districts. Ms. Crawford will be attending the Study Session and can answer more specific <br />questions about the public finance aspects of special districts, including how bonds are issued <br />and the appropriateness of certain limitations or restrictions in metro district service plans. <br /> <br />Purposes of Metro Districts. A metropolitan district (or “metro district”) is a special purpose <br />local government that provides two or more of the following functions: street improvements; <br />water facilities; sanitation facilities; park and recreation facilities; safety protection; <br />transportation; television relay and transmission; and mosquito control. A metro district is <br />organized pursuant to the same laws applicable to other types of special districts already existing <br />within the City, such as the Colorado Tech Center Metropolitan District, the Takoda <br />Metropolitan District, and the Louisville Fire Protection District. Rather than being a single <br />purpose district, such as a fire district, a metro district provides at least two services. A metro <br />district is a separate governmental entity, with a separate elected board and its own taxing and <br />borrowing powers. <br /> <br />Metro districts are often established by developers to finance the significant up-front costs of <br />constructing public improvements required in connection with development, such as water lines, <br />sewer lines, street improvements, storm drainage, etc. Often the district will finance and install <br />improvements, and then dedicate those improvements to a municipality; under such a scenario, <br />4