OTHERPENDING

Jefferson County Planning Commission AgendaPacket 2026-06-24

County reviews Wild Horse Metro District financing plan

$10,397,214.85 in public improvements; Max bonded indebtedness $13,000,000 (district debt limit $13,100,000)Jefferson CountyWADSWORTH CAPITAL VI LLCJune 24, 2026

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Description

Jefferson County is considering approval of the Wild Horse Metropolitan District Service Plan, under which Wadsworth Capital VI LLC’s residential project would be financed through up to $13 million in district bonds to fund roughly $10.4 million of public improvements. The district would levy up to 75 mills in property taxes over an estimated 40-year period to repay the debt and cover operations.

Contract Details

Contract Amount

$10,397,214.85 in public improvements; Max bonded indebtedness $13,000,000 (district debt limit $13,100,000)

Vendor

WADSWORTH CAPITAL VI LLC

Agency

Jefferson County, CO

Contract Type

OTHER

Document Date

June 24, 2026

Contract Term

Build-out time 3 years; bonded indebtedness to be paid over 40 years

Renewal Info

Debt may be refunded or restructured within the $13,100,000 total debt issuance cap, and mill levies may be adjusted under state statute if assessment methods change; no automatic renewal, but debt can be refinanced.