Colorado Metro District Abuse: Taxation Without Representation

Colorado Metro District Abuse: Taxation Without Representation

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Coloradans for Metro District Reform started this petition to Colorado State Legislature

The developer in Sterling Ranch Metro District near Colorado Springs "voted" to authorize up to $14.8 billion dollars in total debt on new homebuyers, without ever telling the new homeowners.  

The developer in Aurora Highlands Metro District near Denver "voted" to authorize up to $46.4 billion dollars in total debt on new homebuyers, without ever telling the new homeowners.  

The developer in Solterra near Dinosaur Ridge "voted" to authorize up  $4.9 billion dollars in total debt on new homebuyers,  without ever telling the new homeowners.

As one developer attorney explained, this is how they develop in Colorado.  "Its just the name of the game."  

Developer metro districts are driving up the cost of housing in Colorado and siphoning off literally billions of dollars of wealth that does not go back into the community.  Developer debt tax often equals all other school, fire and municipal taxes combined.

The law was written by the developer industry in 1981.  Since then, in each and every  residential metro district in Colorado, a tiny group of typically 3 - 8 employees and relatives of the developer "vote" to impose high debt on future homeowners and eliminate the ability of the future residents to vote on taxes and  bond debt for up to 20 years.  

The developer creates a private government:  where the developer issues the debt, where the developer taxes the residents to pay the debt and where the developer decides by himself how much profit to pay himself (the developer) from the residents' property taxes. 

Elections are routinely cancelled "because no one wanted to run".  Information from many residents is that they didn't run for election because the developer said they couldn't serve until the development was built out.  That was not true.  As soon as they buy, they can serve.

There are over 2000 residential metro districts in Colorado and they all begin with the same defects: no genuine accountability to the taxpayers, minimal transparency and taxation without representation.  

The 2022 Colorado State Legislative Session began this week. Legislation will be proposed to reform metro districts to stop the abuses.  

Please support our effort to stop the abuse with reform legislation by signing this petition.  

We also ask you to  write your representatives and senators.  And tell your story of abuse.

Please send a copy of your letter or email to us at info@metrodistrictreform.org.  

Also, here is our website: https://metrodistrictreform.org/home  

We invite you to reach out to us with your stories.  If you don't know if you're in a district, we can tell you and give you a financial evaluation of the health of the district.  We have helped many take control of their own taxing and spending by taking control of their own districts.  We are purely citizen volunteers trying to stop the abuse.  There will never be a request for financial compensation.  You all, we all, have paid too much already.  


Thank you.  
Coloradans for Metro District Reform

 

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