About
For District Overview (per Sec. 32-1-104.5(3)(a)(X), C.R.S.)
Jacoby Farm Metropolitan District is a local government that provides certain public improvements and services for the Jacoby Farm community.
Public Improvements and Services
The District is authorized by the Special District Act and its Service Plan to provide various public improvements and services, including landscaping, storm drainage, streets, parks, and covenant enforcement and design review.
Maximum Debt Authorization
The District's authorization is more than 20 years old, and therefore, it is considered stale and no longer subject to section 32-1-1101.5 of the Special District Act. The District issued its Limited Tax General Obligation Refunding Bonds, Series 2021, in the aggregate principal amount of $9,750,000 on September 30, 2021.
Authorized Sources for Debt Repayment
The District is authorized to repay its general obligation debt from any and all legally available revenues of the District, including general ad valorem taxes.
Maximum Mill Levy for Debt Repayment
The District’s Service Plan imposes a Mill Levy Cap of 30 mills, subject to adjustment as described in the Service Plan.
Board Member Qualifications
The District holds regular elections for board members on the first Tuesday after the first Monday in May of each odd-numbered year. A person is qualified to be a candidate if they are a registered to vote under the Colorado Uniform Election Code of 1992 and are either (1) a resident of the District, or (2) the owner (or spouse or civil union partner of an owner) of taxable real or personal property within the District. People interested in a position on the District’s Board of Directors may contact the District’s Manager for further information:
Centennial Consulting Group
2619 Canton Court, STE A
Fort Collins, Co 80525
Phone: 970-484-0101
Email: info@ccgcolorado.com