Park Union BID & Metropolitan District Nos. 1 & 2

The Annual Report is filed with El Paso County, BOCC, DLG & OSA.

* For a Copy of the Service plan, please reach out to District Management. 

A. Maximum Debt Service Mill Levy for a residential district: 30 mills, subject to
adjustment as set forth in the Service Plan.
B. Maximum Debt Service Mill Levy for a commercial district: 50 mills, subject to
adjustment as set forth in the Service Plan.
C. Maximum Operations and Maintenance Mill Levy: 10 mills, subject to adjustment as
set forth in the Service Plan.
D. Current Debt Service Mill Levy: 32.349 mills
E. Current O&M Mill Levy: 10.783 mills
F. The Debt Service Mill Levy for a residential district may not be in place longer than 40
years except as provided in the Service Plan.
G. The mill levies may increase as development progresses.
H. The District does not currently have any general obligation debt and does not intend to
issue debt at this time.
I. The District is not party to developer reimbursement agreements.