Reserve Metropolitan District No. 1

 The Reserve Metropolitan District No.1 was formed because there were no other entities in existence in the The Reserve area which have the ability and/or desire to undertake the design, financing and construction of improvements needed for The Reserve. 

NOTICE TO METROPOLITAN DISTRICT RESIDENTS House Bill 23-1105 was enacted May 24, 2023 by the Colorado Legislature concerning the creation of task forces to examine issues affecting certain HOA homeowners’ and metropolitan district homeowners’ rights.   The Metropolitan District Homeowners’ Rights Task Force is created in the Colorado Department of Regulatory Agencies, Division of Real Estate, to examine issues confronting communities that are governed by the board of a metropolitan district, including tax levying authority and practices; foreclosure practices; communication with homeowners regarding metropolitan district processes and homeowners’ rights and responsibilities; and governance policies, including voting and elections. The Metropolitan District Homeowners’ Rights Task Force members are designated representatives as identified in House Bill 23-1105, to be appointed on or before November 1, 2023, by the Chair of the Colorado House of Representatives and by the Office of the Governor; with its first meeting to follow as soon as practicable after all members have been appointed. The Metropolitan District Homeowners’ Rights Task Force shall prepare an interim report by March 1, 2024, and a final report by June 15, 2024. C.R.S. Section 12-10-226.5(2)(b)(V) states that “A METROPOLITAN DISTRICT SHALL NOTIFY ITS RESIDENTS ABOUT THE TASK FORCE BEFORE THE TASK FORCE HOLDS ITS FIRST MEETING.” To view the full language of House Bill 23-1105, please visit: https://leg.colorado.gov/sites/default/files/2023a_1105_signed.pdf