The District, a quasi-municipal corporation and a
political subdivision of the State of Colorado, was organized on May 5,
1998 and is governed pursuant to provisions of the Colorado Special
District Act (Title 32, Article 1, Colorado Revised Statutes). The
District's service area is located in Douglas County, Colorado.
The District was established as part of a master-planned commercial
development know as Compark and will provide water and wastewater service,
street construction, installation of safety control devices, construction
and maintenance of parks and recreation facilities and public
transportation. All infrastructure is to be owned and maintained by
Douglas County or adjacent governmental entities with the exception of certain drainage
The District retains maintenance responsibility for the landscaped medians
in Chambers Road, the monument sign at the Northwest corner of E470 and
Chambers, the monument sign on Compark Boulevard at the West entrance
to the District, 4 detention ponds, the landscaped right of way along Compark
Boulevard to Chambers Road and the Happy Canyon Creek Regional Trail.
Douglas County, Stonegate Village Metropolitan District and the Town of
Parker maintain the streets, storm drainage, water and sewer facilities
and other infrastructure.
The District has no employees and all operations
and administrative functions are contracted.
District prepares its budget on the modified accrual basis of accounting.