RATE INCREASE NOTICE
Please be aware that starting January 1, 2024, your monthly bill will increase to $133.34. If you are signed up for Autopay, this will take effect on the January 25, 2024 draft cycle.
Debt Service Fee - $125.00 per month (Fixed rate until bonds are paid off)
Monthly Operations Fee - $8.34 per month (Subject to change pending District Operational expenses)
Total - $133.34 per month
Please visit the FAQs page for detailed information regarding the rate increase: https://cascademd1.colorado.gov/faqs
Breakdown of Monthly District Charges:
Debt Service Fee: $87.78
Monthly District Operations Fee: $8.34
Total Monthly Charges: $96.12
Click the button above to pay your invoice online. If you have questions about your bill, please call (719) 900-5821.
TO PAY YOUR INVOICE BY MAIL:
Cascade Metropolitan District No. 1
PO Box 1479
Colorado Springs, CO 80901
MONTHLY DEBT SERVICE FEE: $87.78
MONTHLY ADMINISTRATIVE FEE: $8.34
The Due Date for the monthly Debt Service Fee and monthly Administrative Fee, a total of
$96.12, is the last day of the month following the month for which the Debt Service Fee and
Administrative Fee are billed.
ACCOUNT USER FEE: Cost to District
The Due Date for the Account User Fee is fifteen (15) days from the date invoiced.
TRANSFER FEE: $50.00/Homeowner
The Due Date for the Transfer Fee is at closing or within fifteen (15) days from the Transfer,
whichever occurs first.
LATE FEE: $15.00
BAD CHECK FEE: $30.00 each
The Monthly Debt Service Fee, Monthly Administrative Fee and Transfer Fee are imposed upon
each Residential Unit, Commercial Unit and each developable Lot within the District Boundaries
and each Lot Out of District Boundaries for which the Out of District Boundaries Capital
Investment Fee has been paid, all regardless of whether any structure is constructed or existing
on the Lot; provided, however, that the Monthly Debt Service Fee shall not be imposed upon
properties which are not developable and which are either designated as undevelopable by El
Paso County or on which development is or has been restricted pursuant to a permanent use
restriction or other similar designation by El Paso County.
PAYMENTS: Payment for the Monthly Debt Service Fee, Monthly Administrative Fee,
Account User Fee and Transfer Fee shall be made payable to the Cascade Metropolitan District
No. 1 and sent to the following address for receipt by the Due Date:
Cascade Metropolitan District No. 1
Post Office Box 1479
Colorado Springs, Colorado 80901
- NEW SERVICE REQUEST: If you are a new owner, please fill out the Service Request form below for the Monthly District Charges.
- AUTOPAY REQUEST: To sign up for autopay billing, please fill out the below ACH Authorization form.
Autopay Authorization Form (ACH Form)
- FINAL BILL REQUEST: If you are wanting to request a final bill for a property that is closing within our community, please complete the online form by clicking the link below.
Final Bill Request Online Form
- FEES, RATES, PENALTIES, AND CHARGES: The Board of Directors of Cascade Metropolitan District No. 1 approved the CMD1 Third Amendment to the Resolution Concerning the Imposition of Various Fees, Rates, Penalties, and Charges