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The Lincoln Park Metropolitan District
(the District) is a quasi-municipal corporation and a political
subdivision of the State of Colorado organized in 1983 pursuant to Article
1 of Title 32, C.R.S., also known as the “Special District Act.” The
District was formed for the purposes of providing street, traffic and
safety control, water, wastewater, storm drainage, parks and recreation
and public transportation facilities and services for the benefit of the
property owners and residents of the District.
The District encompasses approximately
551 acres of mixed-use property and has a population of approximately
3,100 people. Most of the privately-owned property in the District is
located in unincorporated Douglas County, although the privately-owned
property located north of E-470 is located within the Town of Parker.
The western portion of the District
encompasses approximately 478 acres which constitutes the northern portion
of the Stonegate planned development. This area is comprised of
approximately 122 acres of existing and planned residential development,
including 1,121 existing single family detached homes and condominium
units.
The balance of property in the western
portion of the District includes a public elementary school, a public
charter school, a privately-owned preschool, a fire station, a church, a
District-owned community pool and tennis courts, other parks, recreation
and open space areas, storm drainage and irrigation water detention and
holding ponds, a wastewater treatment facility and public rights-of-way,
including a segment of the E-470 toll road. The eastern portion of the
District encompasses approximately 73 acres of publicly-owned property
that includes the Town of Parker’s Parker Recreation Center, a portion of
Douglas County’s Challenger Regional Park, open space and public
rights-of-way.
Sources of Revenue
Property and
Specific Ownership Taxes
The primary source of revenue to the
District is the general ad valorem property tax levied on and against all
of the taxable property within the District. The District also receives a
proportionate share of specific ownership taxes imposed by the State in
connection with the registration of certain motor vehicles.
Fees and Charges
The District imposes a variety of fees
and charges for various purposes, including monthly facilities maintenance
fees, street maintenance fees, as well as fees for the rental of District
park and recreational facilities and various one-time fees payable in
connection with the development of property in the District and connection
to the potable water, irrigation and wastewater collection systems. SVMD
collects all monthly fees and charges on behalf of the District and remits
the amounts collected to the District. Fees for the rental of District
park and recreational facilities are paid directly to the District. All
one-time development-related fees are payable directly to the District
and, with the exception of the plan administration fee, are remitted by
the District to other entities to the extent required.
Conservation
Trust Fund Revenue
The District is eligible for and receives distributions from the State
Conservation Trust Fund administered by the Colorado Department of Local
Affairs. Such amounts, which Department of Local Affairs. Such amounts,
which are derived from the State Lottery, are distributed quarterly to
eligible public entities on a per capita basis and are restricted in use to the
acquisition, development and maintenance of new conservation sites or for
capital improvements or maintenance. |
