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Cascade
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Welcome to

Cascade Metropolitan District No. 1

 

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.

At this time, there is discussion on refinancing the current issued Long Term Financial Obligations to help stop any needed monthly increase. 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 2015A Bonds

$3,500,00

Dec. 1, 2045

5.5%

Series 2015B Bonds

$1,500,00

Dec. 1, 2045

5.5%

 

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, that funded the water pipeline upgrade. At this time, the District is not anticipating providing any other primary functions.

The District currently is 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 - District Managers at (719) 447-1777.

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District Notices

January 23, 2023
CALL FOR NOMINATIONS
September 1, 2022
NOTICE OF INTENT TO FIX OR INCREASE FEES, RATES, TOLLS, PENALTIES OR CHARGES FOR WATER AND/OR SANITARY SEWER SERVICE
July 12, 2022
You may visit the information HERE on the website.
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