SLC Metropolitan District No. 4 Documents
SLC METROPOLITAN DISTRICT NOs. 1-4
2025 ANNUAL REPORT
As required by Section 32-1-207(3)(c), C.R.S. and pursuant to Section VIII of the Service Plans for SLC Metropolitan District Nos. 1, 2, 3 and 4 (hereinafter referred to as “District No. 1”, “District No. 2”, “District No. 3”, “District No. 4”, and collectively as the “Districts”) approved by the City of Aurora, Colorado, on August 5, 2019, we present the following report of the Districts’ activities from January 1, 2025 to December 31, 2025.
1. Boundary changes made or proposed to the Districts’ boundaries as of December 31, 2025.
· District No. 1 – No boundary changes were made or proposed;
· District No. 2 – No boundary changes were made or proposed;
· District No. 3 – No boundary changes were made or proposed; and
· District No. 4 – No boundary changes were made or proposed.
2. Intergovernmental Agreements with other governmental entities, either entered into, proposed, or terminated as of December 31 of the prior year. No Intergovernmental Agreements were entered into, proposed, or terminated by any of the Districts during the report year.
3. Copies of the Districts’ rules and regulations, if any, as of December 31, of the prior year. The Districts have not adopted any rules and regulations. In the event the Districts adopt rules and regulations in the future, such documents may be accessed at the offices of McGeady Becher Cortese Williams P.C., 450 E. 17th Avenue, Suite 400, Denver, CO 80202, 303-592-4380, or on the Districts’ website at: https://slcmetropolitan.specialdistrict.org/.
4. A summary of any litigation which involves the Districts’ Public Improvements as of December 31 of the prior year. To our knowledge, there is no litigation involving the Districts’ public improvements.
5. Status of the Districts’ construction of the Public Improvements as of December 31 for the prior year (2025).
6. A list of all facilities and improvements constructed by the Districts that have been dedicated to and accepted by the City as of December 31 of the prior year (2025).
· Lisbon Street between Colfax Avenue and 13th Avenue;
· 13th Avenue from Lisbon to Old Picadilly;
· Picadilly from Colfax to old Picadilly;
· The below utilities:
1. Filing 1 (219254)
§ Sanitary Line (20-032S) final acceptance; and
§ Storm Sewer (20-050SS and P20-033SS) final acceptance
2. Filing 2 (221258)
§ Storm Sewer (22-012SS and P22-016SS) final acceptance; and
§ Detention Channel (22-012SS, has reached final acceptance)
3. Filing 3 (222049)
§ Water main (22-107W & 22-048W, both have reached final acceptance);
§ Private water (P22-024W & P22-023W, both have reached final acceptance);
§ Sewer (22-040S, has reached final acceptance); and
§ Storm Sewer (22-031SS, has been initially accepted)
7. The assessed valuation of the Districts for the current year. The Districts’ final assessed valuations for 2025 are as follows:
· District No. 1: $270;
· District No. 2: $1,005,554;
· District No. 3: $91,631,230; and
· District No. 4: $270
8. Current year budgets including a description of the Public Improvements to be constructed in such year. Copies of the 2026 budgets for the District is linked below. Public improvements anticipated to be constructed in 2026 include the following:
· Single Leg of Traffic Signal at Picadilly and Colfax;
· Picadilly widening from Colfax to 13th Ave; and
· Picadilly widening with taper South of 13th Ave
2026 Budget- SLC MD 1 .pdf2026 Budget- SLC MD 2 .pdf2026 Budget - SLC MD 3 .pdf2026 Budget - SLC MD 4 .pdf9. Audit for the Districts’ financial statements, for the year ending December 31 of the previous year, prepared in accordance with generally accepted accounting principles or audit exemption, if applicable. Copies of the District No. 1 and District No. 3 2024 Audits (not available at the time of filing the 2024 Annual Report) and 2025 Audits are linked below. District Nos. 2 and 4 are currently exempt from Audit, pursuant to Section 29-1-604, C.R.S. Copies of the 2025 Applications for Exemption from Audit for District Nos. 2 and 4 are linked below.
2024 Audit- SCL MD No. 12024 Audit- SLC MD No. 32025 Audit - SLC MD No. 12025 Audit- SCL MD No. 32025 Audit Exemption -SLC MD No. 22025 Audit Exemption- SLC MD No. 410. Notice of any uncured events of default by the Districts, which continue beyond a ninety (90) day period, under any Debt instrument. To our knowledge, there are no uncured events of default by the Districts which continue beyond a ninety (90) day period.
11. Any inability of the Districts to pay its obligations as they come due, in accordance with the terms of such obligations, which continue beyond a ninety (90) day period. To our knowledge, the Districts have been able to pay their obligations as they come due.
*For accessibility purposes, references to exhibits have been removed and links to exhibit documents have been added. For a copy of the Annual Report with exhibits as filed with the jurisdiction, please contact info@specialdistrictlaw.com.
For accessibility purposes, this is an alternate conforming version of the 2025 Annual Report.
2026 Mill Levy - 15.090 mills
Amended 2025 Budget - SLC 4 .pdf2025 Budget2025 Mill Levy - 15.090 mills
2024 Budget2024 Mill Levy - 15.090 mills
The Transparency Notices for the Districts can be accessed on the Special District Association website:
