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

2025 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, 2025 to December 31, 2025 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. A summary of the development activity in the District as of the end of the report year is as follows:

·         East Planned Commercial Development: Facilities operated by Intermountain Health and the Kiddie Academy are complete and operational. Development is complete.

·         West Planned Commercial Development: Facilities operated by NHA Daycare, Murphy Oil, Christian Bros. Automotive, and Andy’s Custard are complete and operational. Additionally, a medical office building on Lot 1 is complete and a tenant is in the process of moving in.

·         Planned Residential Development: The Affinity at Copperleaf senior living community and the Peakline at Copperleaf apartment complex are both complete and occupied. Development is complete.

F.                  Conveyances or dedications of facilities or improvements, constructed by the District, to the County: There were no conveyances or dedications of facilities or improvements, constructed by the District, to the County during the report year.

G.                 Final assessed valuation of the District for the reporting year: $21,800,398.

H.                 Current year’s budget: A copy of the District’s 2026 Budget is linked below. 

I.                    Audited financial statements for the reporting year (or application for exemption from audit): The District’s audit for the current report year (2025) is still in process, and a copy of the 2025 Audit will be provided once it is completed. The 2024 Audit was not completed when the District’s 2024 Annual Report was filed but has now been completed. A copy of the 2024 Audit is linked below. 

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 2025 Annual Report.

2026 Mill Levy - 55.602 Mills 

2026 Bond Mill Levy - 53.414 Mills

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/lc/sda-transparency/notice/id/2248