District Documents
ANNUAL REPORT
for the year ended December 31, 2023
BRISTOL METROPOLITAN DISTRICT
(the “District”)
As required by Section 32-1-207(3)(c), C.R.S. and Section VIII of the Service Plan as approved by the City of Aurora, Colorado on July 25, 2016, the District submits the following documents and information to the City for report year 2023:
1. Boundary changes made or proposed to the District’s boundary as of December 31 of the prior year. No boundary changes were made or proposed during 2023.
2. Intergovernmental Agreements with other governmental entities, either entered into or proposed as of December 31 of the prior year. Pursuant to the District’s approved Service Plan, the District and the City of Aurora have an intergovernmental agreement, entered into on December 7, 2016. In 2019, the District became part of the Aurora Regional Transportation Authority (“ARTA”) pursuant to the Sixth Amendment to the ARTA Establishment Agreement, effective June 6, 2019.
3. Copies of the District’s rules and regulations, if any, as of December 31, of the prior year. The District has not adopted any rules and regulations as of December 31, 2023.
4. A summary of any litigation which involves the District Public Improvements as of December 31 of the prior year. To our knowledge, the District was not involved in any litigation in 2023.
5. Status of the District’s construction of the Public Improvements as of December 31 of the prior year. The District completed the construction of its Public Improvements in 2019.
6. A list of all facilities and improvements constructed by the District that have been dedicated to and accepted by the City as of December 31 of the prior year. The City had issued a notice of final acceptance for certain street paving improvements as of December 31, 2020.
7. The assessed valuation of the District for the current year. The 2023 assessed valuation for the 2024 budget/fiscal year is $2,499,849.
8. Current year budget, including a description of the Public Improvements to be constructed in such year.
2024 BudgetNo public improvements are anticipated to be constructed by the District in 2024.
9. Audit of the District’s 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.
2023 Audit10. 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 which continue beyond a ninety (90) day period.
11. Any inability of the District 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 District has been able to pay its obligations as they come due.
*For accessibility purposes, this is a conforming alternate version of the 2023 Annual Report
The Transparency Notice for the District can be accessed on the Special District Association website:
https://www.sdaco.org/special-district-transparency-notice/sda-transparency/search/p/B
