News & Initiatives
The following Message from the Board of Directors was emailed to residents on 3/2/21:
Dear Buckhorn Valley Residents:
It has come to the attention of the Board of Directors (“the Board”) of the Buckhorn Valley Metropolitan District Nos. 1 and 2 (referred to collectively herein as “the District”) that there has been a great deal of discussion about the District and the Board within the community in the past few months. We fear that some of the information being shared or conclusions being drawn may be inaccurate. The following information is presented in order to clarify what we believe to be common talking points.
Use of District revenues and appropriation of funds
The sources and uses of District funds are strictly governed by state law and regulatory requirements. The District’s financial statements are audited annually by an independent Auditor. The District’s daily accounting and bookkeeping is performed by CliftonLarsonAllen LLP, a national CPA firm serving hundreds of Colorado special districts, with expertise in governmental accounting. Since August 2020, the District has been managed by Public Alliance, LLC, an independent professional District Management company. The District receives general counsel legal services by Icenogle Seaver Pogue, P.C., a firm of licensed Colorado attorneys specializing in special districts.
Revenues Received by the District are used to retire debt and maintain District property
• Debt: Approximately 88.9% of the revenues received are used to pay the principal and interest on the Series 2003 General Obligation Limited Tax Bonds and Series 2010 General Obligation Limited Tax Refunding and Improvement Bonds issued by Buckhorn Valley Metropolitan District No. 2 to fund the District’s initial water and sewer systems, roads, parks and other infrastructure installed as the backbone for the initials development and to serve the Buckhorn Valley Community.
• Operations: The remaining funds support operation and maintenance of the irrigation water supply, collection, and distribution system, parks, district property and the administration and governance of the District.
Board of Directors
The District’s directors are neighbors, residents, and/or representatives of landowners whose interests in building a thriving Buckhorn Valley Community are aligned and shared. They share the same desire to protect the value of properties within and the reputation of the Buckhorn Valley Community. Ongoing financial viability and uninterrupted District operations are of paramount importance to us all.
The Board holds regular elections in accordance with state law. When a vacancy exists, the Board may appoint an eligible elector to fill vacant seats until the next regular election, as which time the Board seat will be up for election. In any election there are not more candidates than offices to be filled, the Board may cancel the election in order to avoid the cost of conducting an unnecessary election. All elections have been conducted as required by law and to date there has been no contested elections for Board seats. The District currently has two vacant seats. After the first vacancy occurred on September 28, 2020 the Board began a process to solicit and accept applications from interested eligible electors that live in the Buckhorn Valley Community. At the February 25th Special Board Meeting two residents from the community were appointed to fill the vacancies on the Board of District No. 2.
The District’s target date for starting the irrigation system is May 15th. Unseasonably low temperatures can cause complications, as the portions of the system that serves homeowners is subject to freeze damage. Despite such complication in 2020, the season was still opened on its usual May 15th date. Careful professional stewardship of this system is the Districts highest operational priority.
Development, buildout and tax base
Developer representatives report that several development applications are now under review by staff and Town Council of the Town of Gypsum. Completion of these future phases will mean additional taxpayers for the District which increases the available revenue for payment of debt and operations. Development is essential to ensure that the District’s debt be paid off as soon as possible and the property taxes can be decreased. The infrastructure requirements for the Buckhorn Valley Community are designed to support 900 homes. Presently, approximately 400 homes are funding the debt and operational expenses. New growth is necessary to achieve financial stability for the District and enable lower property tax and/or fees for property owners in Buckhorn Valley.
Access to BLM Land
Private property owners control the use of the majority of the accessible lands in the areas commonly referred to as “Upper Buckhorn”. The private owners grant access for hiking, horseback riding, and mountain bikes, but NOT for ATVs or other motorized access. The District owns and controls only 60 acres of the overall land in this area.
The Board takes the concerns of our residents very seriously. As a result, we have formed a Resident Advisory Committee and are encouraging citizen participation on the District No. 2 Board to fill the immediate vacancies. The District is improving its communication with the community and welcomes your feedback. Please feel free to visit the District’s website at www.bvmetrodistrict.org or contact the District’s Manager AJ Beckman at 720-213-6621 or by email at: firstname.lastname@example.org. Thank you for taking the time to read this important message and for your interest in our Buckhorn Valley Community.
Board of Directors,
Buckhorn Valley Metropolitan District Nos. 1 and 2
12/21/2020: Update on use of open space behind Buckhorn Valley
The land owner of the nearby open areas adjacent to Buckhorn Valley, BV Firewheel, is restricting use to those who have signed a release and waiver to safely use their private land and trails.
Activities that are allowed include hiking, mountain biking and horse riding (with signed waiver/release).
Activities that are not allowed include hunting, shooting, motorized vehicles and motorized bicycles, ATVs, snowmobiles, motorized bicycles, and dirt bikes.
Private areas are marked in red on the map linked below.
Board Vacancy: Directors Seats Presently Unfilled
The Buckhorn Valley Metro Districts are seeking qualified residents to serve on the Boards of Directors. The Boards anticipate considering appointments to the vacancies in the first quarter of 2021.
The Boards meet as needed, but at least once per year, to discuss and take action on its annual budget, audit/audit exemption and other annual statutory compliance items. Attendance at Board meetings is required. If you are interested in serving the community as a Director, please click the Read More link below for more information on the application submittal process. Thank you for your interest in the Districts and your community!
NOTICE OF ANNUAL IRRIGATION SHUTDOWN AND WINTERIZATION
October 8, 2020
It’s hard to believe, but winter is just about upon us. Please take a moment to review the following information about the scheduled winterization of the irrigation system:
IMPORTANT: The District will be closing the irrigation supply system down and blowing out the pipes for winter, commencing October 19, and completing by October 23. In conjunction with this, the Buckhorn, Hawks Nest and Mountain Gateway systems will be drained and winterized. Due to seasonal equipment availability and other factors the work requires a great deal of coordination, and once the dates are determined, they cannot be easily changed.
It will be necessary for the District’s operations personnel to be in backyards throughout the community during these days. It will also be necessary for them to return later this winter to locate, inspect, and map system valves and connections. The irrigation technicians will do their best to minimize disruption, however you will likely hear the noise of the system being blown out if you are in the vicinity while the work is in progress. As you may know from prior years, blowing the system out can be surprisingly noisy. Barking dogs and related disruptions may occur. While mid-October is the time of year when the system is traditionally winterized, the dates for fall shut down and spring startup are dependent upon average weather conditions. The dates are set in order to minimize the risk of unexpected hard freezing, which can cause extensive and costly damage to the shallow portions of the system; specifically, the portions of the irrigation network located in your yard, and the yards of your neighbors. The main lines, supplying water to and throughout the community are better protected as they are buried much deeper in the ground.
Each year the District will continue to evaluate annual weather conditions to consider if it is reasonable to extend the irrigation season beyond the traditional startup and shut down dates. If the season is extended, it will be necessary to evaluate and possibly control the daily water use so that the District doesn’t exceed the limitations set forth in its water rights or the provisions of the Town approvals. Lastly, please be aware that Town ordinances forbid the use of potable water for irrigation. The Town can impose substantial daily fines for noted violations.
Thank you very much for your patience, cooperation, and support!
Buckhorn Valley Metropolitan Districts