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District Notices
NOTICE IS HEREBY GIVEN that, pursuant to § 32-1-1001(2)(a), C.R.S., the Board of Directors for the Cascade Metropolitan District No. 1 (the “District”) will consider fixing and/or increasing fees, rates, tolls, penalties or charges for water and/or sanitary sewer service at a public meeting to be held on October 14, 2025, at 5:30 P.M., in person at 3204 N.
Tuesday, July 22, 2025, at 1:50 PM (MST)Pursuant to §32-1-903(6), C.R.S.This meeting will be held via teleconferencing and can be joined through the directions below:Please join the meeting from your computer, tablet, or smartphone.
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Important Information
About the District
Cascade Metropolitan District No. 1 has no existing mill levy set and at this time, there is no discussion on issuing any future mill levies. There are currently no anticipated increases or decreases for any established mill levy.
Please review the FAQ page for detailed information about the debt.
The Series 2015A and B Bonds were refinanced in 2023 to be the Series 2023 Water Revenue Refunding Bond in the amount of $4,480,000. The Interest rate on the bonds is 5.0% annually. Here is a summary of the District’s current outstanding Long Term Financial Obligations:
Name of Debt | Initial Debt Issuance Amount | Maturity Date | Interest Rate |
Series 2023 Bonds | $4,480,000 | Dec. 1, 2036 | 5.0% |
The main function of the Cascade Metropolitan District No. 1 currently is to collect revenue from property owners to be applied towards the long-term debt, which funded the water pipeline upgrade. At this time, the District is not anticipating providing any other primary functions.
The District is currently turning over all land and assets to the County to own and maintain, as the District plans to eventually dissolve.
If you have any questions, please contact our District Manager, WSDM - Managers at (719) 447-1777.
- Cascade Metro District Tax Map
Click on the Map to Open a PDF of the Map
2025 Town Hall Meeting
Town Hall Meeting
Date: Tuesday, July 22, 2025
Time: 1:50 PM
Location: Virtually by teleconferencing
Virtual Meeting Instructions:
Please join using this link:
https://videocloudoffice.avaya.com/join/591798670
Meeting ID: 591798670
One tap to join audio only from a smartphone:
+12134634500, 591798670, United States (Los Angeles, CA)
Or dial:
+1 (213) 4634500 United States (Los Angeles, CA)
Access Code / Meeting ID: 591798670
Access Code / Meeting ID: 591798670
International numbers available: https://video.cloudoffice.avaya.com/teleconference
Overlapping Government Entities
El Paso County
Cascade Fire Protection District
Pikes Peak Library District
Manitou Springs 14 School District
El Paso County Conservation District