Overlook Metropolitan District

The Overlook Metropolitan District is a Title 32 Special District that has been established for the purpose of financing and installing street, park and recreation, water, sanitation, transportation and safety protection improvements of the District; and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the Service Plan for the District approved by the Parker Town Council on September 2, 2014, as it may be amended from time to time (the “Service Plan”).

The Public Improvements and Services are for the use and benefit of the residents and taxpayers of the District. The District is located in the Town of Parker, Douglas County, Colorado. The District is a quasi-municipal political subdivision of the State of Colorado authorized to provide specialized services that the Town of Parker and Douglas County do not provide.

The District may incur a maximum debt of $7,130,000. The District may impose a mill levy on taxable property within its boundaries, and may use various other revenue sources authorized by law to repay such debt.

The District may assess a maximum mill levy of 35 mills, subject to adjustment for legislative changes in the ratio of actual valuation to assessed valuation after January 1, 2000, for all purposes including to repay such debt.

The District must file an Annual Report to the Parker Town Clerk, the Division of Local Government, the State Auditor, and the Douglas County Clerk & Recorder.

The District’s boundaries overlap with the boundaries of Douglas County Re-1 School District; Douglas County; South Metro Fire Rescue Fire Protection District; Parker Water & Sanitation District; Douglas Public Library District; Town of Parker; Urban Drainage & Flood Control District; Cherry Creek Basin Water Quality Authority; Urbain Drainage & Flood South Platte; Regional Transportation District; and Douglas County Soil Conservation District.

If interested in serving on the District’s Board of Directors, please contact info@specialdistrictlaw.com for more information.

For information regarding the system or process to contact someone associated with the District during regular business hours and outside of regular business hours, please contact info@specialdistrictlaw.com.