Who is the Cordillera Metro District and What Does it Do?
The Cordillera Metropolitan District (CMD) – a quasi-governmental entity – is charged with the operations and maintenance of Cordillera including public safety, administration, community operations, roads, snow removal, trail maintenance, capital projects and the Cordillera Equestrian Center.
In Colorado, metro districts are classified as “special” and include fire and ambulance districts. Developers of new housing developments use metro districts as a financing tool to cover costs associated with building infrastructure. Special districts in Colorado are regulated by state and county governments and are required to file plans outlining the services the metro district will provide and the parameters within which it will operate. CMD levies taxes that are used to repay outstanding debt (bonds) and finance annual operating budgets.