Copperleaf Metropolitan District Nos. 1, 3, 4, 5, 6, 7, 8 and 9

2023 ANNUAL REPORT
COPPERLEAF METROPOLITAN DISTRICT NO. 4

As required by Section 32-1-207(3)(c), C.R.S., the following report of the activities of the Copperleaf Metropolitan District No. 4 (the “District”) from January 1, 2023 to December 31, 2023 is hereby submitted:

A.                Boundary changes made:  There were no boundary changes made during the report year.

B.                 Intergovernmental Agreements entered into or terminated:  There were no Intergovernmental Agreements entered into or terminated during the report year.

C.                 Access information to obtain a copy of rules and regulations adopted:  As of the end of the report year, the District has not adopted any rules and regulations.  If any rules and regulations are adopted, they can be obtained from:  McGeady Becher Cortese Williams P.C., 450 E. 17th Ave., Suite 400, Denver, CO 80203-1254.  Phone:  303-592-4380.  Email:  info@specialdistrictlaw.com.

D.                Summary of litigation involving the District’s public improvements:  There was no litigation involving the District’s public improvements during the report year.

E.                 Status of the District’s construction of public improvements:  The District is not directly constructing any public improvements.  As of the end of the report year, the following Building Permits and/or Certificates of Occupancy have been issued for the various portions of the development, as follows:

·         East Planned Commercial Development:  Building Permits have been issued for SCL Health and Daycare #1 East.

·         West Planned Commercial Development:  Building Permits and Certificates of Occupancy have been issued for NHA Daycare, Murphy Oil, and Christian Bros. Automotive.

·         Planned Residential Development:  The plat and site plan for a 175-unit market rate apartment complex have been approved by the County.  Site work has been completed and they have received permits on their two main buildings.  A Certificate of Occupancy has been issued for Affinity at Copperleaf.  Certificates of Occupancy for the Clubhouse and 29 units of the Grand Peaks Apartment have been issued.

F.                  Conveyances or dedications of facilities or improvements, constructed by the District, to the County:  Public street improvements on E. Quincy Ave. and S. Picadilly St. in Copperleaf Filing No. 25 were accepted for full maintenance by Arapahoe County on July 20, 2023.

G.                Final assessed valuation of the District for the reporting year:  $20,102,853.

H.                Current year’s budget:  

I.                    Audited financial statements for the reporting year (or application for exemption from audit): 

J.                   Notice of any uncured events of default by the District, which continue beyond a ninety (90) day period, under any debt instrument: To our knowledge, there are no uncured events of default by the District which continue beyond a ninety (90) day period.

K.                Any inability of the District to pay its obligations as they come due, in accordance with the terms of such obligations, which continues beyond a ninety (90) day period: To our knowledge, the District has been able to pay its obligations as they come due.

*For accessibility purposes, this is an alternate conforming version of the 2023 Annual Report

2025 Mill Levy - 55.431 Mills

2025 Bond Mill Levy - 53.414 Mills

2024 Mill Levy - 55.431 Mills

2024 Bond Mill Levy - 53.414 MIlls

The Transparency Notices for the Districts can be accessed on the Special District Association website:

https://www.sdaco.org/special-district-transparency-notice/sda-transparency/search/p/C