Hometown Metropolitan District No. 2

2023 ANNUAL REPORT
HOMETOWN METROPOLITAN DISTRICT NO. 2

As required by Section 32-1-207(3)(c), C.R.S., and Section VII of the District’s Service Plan, Hometown Metropolitan District No. 2 (the “District”) submits the following report of the District’s activities from January 1, 2023 to December 31, 2023:

A.                Boundary changes made: No boundary changes were made or proposed during 2023.

B.                 Intergovernmental Agreements entered into or terminated: The District is a party to the following intergovernmental agreements:

·         Intergovernmental Agreement between the District and the City of Arvada, dated February 2, 2009, as amended May 3, 2010.

·         District Facilities Construction and Service Agreement between and among the District and Hometown Metropolitan District Nos. 1, 3, and 4, dated September 18, 2008, as amended March 26, 2010. As of May 1, 2010, the District is no longer a party to this agreement.

·         Assignment and Assumption of Operations and Maintenance Agreement between Hometown Metropolitan District No. 1 (now known as Westown Metropolitan District) and Hometown Metropolitan District No. 2, dated October 17, 2016.

·         Eligible Governmental Entity Agreement between the District and the Statewide Internet Portal Authority of the State of Colorado approved by the District’s Board of Directors on October 7, 2019, and executed as of January 28, 2022.

·         Eligible Governmental Entity Agreement between the District and the Statewide Internet Portal Authority of the State of Colorado effective as of March 20, 2024.

C.                 Access information to obtain a copy of rules and regulations adopted: The District has not adopted any rules and regulations as of December 31, 2023. In the event the District adopts rules and regulations in the future, such documents may be accessed at the offices of McGeady Becher P.C., 450 E. 17th Avenue, Suite 400, Denver, CO 80203, 303-592-4380.

D.                Summary of litigation involving the District’s public improvements: To our knowledge, there is no litigation involving the District’s public improvements.

E.                 Status of the District’s construction of public improvements: The District did not construct any public improvements during 2023.

F.                  Conveyances or dedications of facilities or improvements, constructed by the District, to the City: The District did not convey or dedicate any facilities or improvements to the City in 2023.

G.                Final assessed valuation of the District for the report year: $2,849,257.

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 continuing 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 is 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 - 34.108 Mills

2024 Mill Levy - 34.108 Mills

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

https://www.sdaco.org/lc/sda-transparency/notice/id/1279