Woodmen Hills Exposed - Woodmen Hills Metropolitan District - Woodmen Hills Exposed | Metropolitan District News and Information

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Woodmen Hills Metroplitan District (1995 Service Plan)
"Thus, while there is debt, that debt will only be paid out of future revenues to be generated by the municipal services being provided. There is no mill levy proposed to meet that debt. Future homeowners will always be shielded from potentially heavy debt exposure in the event of a lower than expected build-out, due to the fact that debt will only be retired from the monthly fees and the monthly fees will be set competitively within the market place." (1995 Service Plan - Woodmen Hills Metropolitan District, A. Introduction (1)(f), pg. 5)(emphasis added)
CAPITAL INFRASTRUCTURE - WHO PAYS
"THE PROPERTY OWNER WILL PAY FOR OR CAUSE TO BE PAID ALL COSTS OF CAPITAL INFRASTRUCTURE. THE DISTRICT WILL OVERSEE ALL DESIGN AND CONSTRUCTION TO INSURE THAT THE SAME IS DONE PURSUANT TO DISTRICT STANDARDS. ALL FACILITIES ONCE CONSTRUCTED WILL BE ASSIGNED TO THE DISTRICT WHICH WILL THEREAFTER OWN THE SAME." (1995 Service Plan - Woodmen Hills Metropolitan District, A. Introduction (1), pg. 3)(emphasis added)
"The monthly user fees are intended to be set at such a rate so that they will be competitive within the rates and fees set by other developments. The monthly user fess shall be reasonable in relationship to the costs and expenses of operation." (1995 Service Plan - Woodmen Hills Metropolitan District, B. Development Analysis (1)(d), page 6)(emphais added)
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