The Monthly Debt Service Fee, the Monthly Administrative Fee, and the 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, 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 in which development is or has been restricted pursuant to a permanent use restriction or other similar designation by El Paso County.
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
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