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The Market Station Metropolitan District Nos. 1 and 2 are Title 32 Special Districts that have been established for the purpose of financing and installing street, park and recreation, water, sanitation (including stormwater drainage), transportation, mosquito control, safety protection, and limited fire protection improvements of the Districts; and all other improvements or services permitted by Article 1, Title 32, C.R.S. (collectively, the “Public Improvements and Services”), except as specifically limited by the respective Service Plan for each of the Districts approved by the City and County of Denver, Colorado on August 4, 2008, as may be amended from time to time (each a “Service Plan”).

The Public Improvements and Services are for the use and benefit of the residents, users, and taxpayers of the Districts. The Districts are located in the City and County of Denver, Colorado. The Districts are quasi-municipal political subdivisions of the State of Colorado authorized to provide specialized services that the City and County of Denver does not provide.

The Districts may each incur a maximum debt of $50,000,000. Ad valorem property tax revenues, tax increment revenues, specific ownership tax revenues, and fees, rates, tolls, or charges (as allowed by Colorado law) may be used to repay such debt.

The Districts may each assess a maximum mill levy of fifty (50) mills to repay such debt. Such mill levy is subject to adjustment to take into account legislative or constitutionally imposed adjustments in assessed values or the method of their calculation as of August 4, 2008.

The Districts must file an Annual Report with the City and County of Denver Clerk and Recorder.

The Districts’ boundaries overlap with the boundaries of the City and County of Denver, the Denver Union Station Downtown Development Authority, and the Downtown Denver Business Improvement District (Market Station Metropolitan District No. 1 only).

If interested in serving on the Board of Directors for either of the Districts, please contact info@specialdistrictlaw.com for more information.

For information regarding the system or process to contact someone associated with the Districts during regular business hours and outside of regular business hours, please contact info@specialdistrictlaw.com.