Announcements:

NOTICE OF BOARD MEETING AND NOTICE TO ISSUE DEBT

GARDENS AT NORTH CAREFREE METROPOLITAN DISTRICT

EL PASO COUNTY, COLORADO

NOTICE IS HEREBY GIVEN THAT A REGULAR MEETING OF THE BOARD OF DIRECTORS OF THE GARDENS AT NORTH CAREFREE METROPOLITAN DISTIRCT,  EL PASO COUNTY, WILL BE HELD AT 10:00 A.M., WEDNESDAY, NOVEMBER 1, 2023  AT THE OFFICES OF COVINGTON HOMES, 13725 STRUTHERS ROAD, SUITE 201, COLORADO SPRINGS, CO 80921.

AT THIS MEETING, IT IS ANTICIPATED THE BOARD WILL MAKE A FINAL DETERMINATION WITH REGARD TO THE DEVELOPER REIMIBURSEMENT AGREEMENT  AND TO ISSUE ITS LIMITED TAX GENERAL OBLIGATION DEVELOPER BOND, SERIES 2023 IN THE AMOUNT OF $2,960,556.00 FOR THE PURPOSE OF FINANCING, DESIGNING, AND CONSTRUCTION OF PUBLIC IMPROVEMENTS IN THE GARDENS AT NORTH CAREFREE DEVELOPMENT.

THE BOARD WILL ALSO TAKE UP SUCH OTHER MATTERS THAT MAY COME BEFORE IT. THIS MEETING MAY BE CONTINUED TO A LATER DATE.

ALL MEETINGS ARE OPEN TO THE PUBLIC.

                                    GARDENS AT NORTH CAREFREE METROPOLITAN DISTRICT

                                    BY: RON COVINGTON, PRESIDENT

(Posted at the District web site and El Paso County special district notice site)


Gardens at North Carefree Metropolitan District has an existing mill levy of 40.000 mills obligated to pay off Developer Reimbursements and 10.000 mills to fund operations and maintenance within the District at this time there is no discussion on issuing any future mill levies. The Debt mill levy is set to stay in place until the obligated debt is paid off, current maturity date is set for December 1, 2046, and there are currently no anticipated increases or decreases.

At this time, the Board is discussing the benefits of issuing a Bond to pay off the Developer Advance and eliminate a higher interest rate. Here is a summary of the District’s current outstanding Long Term Financial Obligations:

Name of DebtInitial Debt Issuance AmountMaturity DateInterest Rate
Reimbursement Agreement   

The Gardens at North Carefree Metropolitan District’s main function is to collect tax revenue to pay off the current Long Term Debt and provide covenant enforcement along with operations and maintenance, including but not limited to, landscape maintenance throughout the District owned by the District. At this time, the District is not anticipating providing any other primary functions.

The District currently owns detention ponds and landscape tracts. *See map for a visual of property owned by the District.

NAMEPOSITIONTERMEMAILDEVELOPER/
RESIDENT
Ronald CovingtonPresidentMay 2025rcovington@covingtonhomesco.comDeveloper
Grace CovingtonSecretary May 2025grace@covingtonhomesco.comDeveloper
Laureen DeveauTreasurerMay 2025ldeveau@covingtonhomesco.comDeveloper
Heath HerberAssistant SecretaryMay 2027hherber@wheatlandscapital.comDeveloper
VACANTDirectorMay 2027

Meeting Schedule: 2023 Regular meetings are scheduled for the first Wednesday of each month.

District Manager:

Heather Smith

Phone: 719-447-1777

Email: heather.s@wsdistricts.co

2023 Board Meeting Agendas2023 Board Meeting Minutes
November 1, 2023 Town Hall Presentation
November 1, 2023 Board Meeting Agenda
November 1, 2023 Board Meeting Notice
June 7, 2023 Board Meeting Agenda
June 7, 2023 Meeting Minutes*
*Awaiting Board approval.
2022 Board Meeting Agendas2022 Board Meeting Minutes
November 2, 2022 Board Meeting AgendaNovember 2, 2022 Meeting Minutes

Required Notice Pursuant to House Bill 23-1105 – Metropolitan District Homeowners’ Rights Task Force

House Bill 23-1105 created the HOA and Metropolitan District Homeowners’ Rights Task Forces to examine certain matters in communities that are governed by these entities.  The Metropolitan District Homeowners’ Rights Task Force will review, among other matters, tax levying authority and practices, foreclosure practices, communications with homeowners and governance policies. A requirement of the new law is that we notify you of the creation and existence of the Metropolitan District Homeowners’ Rights Task Force prior to its first meeting.  If you have any questions about the Metropolitan District Homeowners’ Rights Task Force, please reach out to the Colorado Department of Regulatory Agencies or visit their website at https://dora.colorado.gov

Important District Documents
Service Plan
Boundary Tax Map
Gardens at North Carefree MD CCR’s
Architectural Submission Online Form
2023 Transparency Notice
Financial Documents
2023 Budget
2022 Budget
2021 Budget

2022 Audit Exemption
Resolutions
2022 Reimbursement Agreement
2023 Election Resolution
Election Information
Self Nomination Deadline: February 24, 2023
Regular Election Date: May 2, 2023
 
Election Documents and Information:
2023 Notice of Cancellation and Certified Statement of Results
2023 Election Information Reference Guide
2023 Regular Election Calendar
2023 Election Manual – Bookmarked
2023 Frequently Asked Questions
Link to Special District Forms Page
*For more information, visit the Colorado Department of Local Affairs Special Districts Elections Page

Historical Election Documents:
2022 Notice of Cancellation and Results
Helpful Links and Information on Special Districts:
https://metrodistricteducation.com
https://www.sdaco.org/
https://cdola.colorado.gov/special-districts