District Documents
ANNUAL REPORT
for the year ended December 31, 2024
CANAL AVENUE METROPOLITAN DISTRICT
(the “District”)
Pursuant to the requirements of Section 32-1-207(3)(c), C.R.S. and Section VII of the District’s Service Plan, as approved by the City of Commerce City on September 7, 2018, the District submits the following documents and information to the City for report year 2024:
1. Boundary changes made or proposed.
No boundary changes were made or proposed in 2024.
2. Intergovernmental Agreements entered into or proposed.
No Intergovernmental Agreements were entered into or proposed in 2024.
3. The District’s rules and regulations as of December 31 of the report year.
The District has not adopted any rules or regulations as of December 31, 2024.
4. Summary of any litigation which involves the District.
To our knowledge, there is no litigation currently pending or anticipated against the
District.
5. Status of District’s public improvements construction.
The District has begun construction of improvements, including a lift station, sanitary sewer lines, roadway improvements, water improvements, and landscape improvements.
6. List of facilities and improvements dedicated and accepted by the City.
No facilities or improvements have been dedicated to and accepted by the City.
7. Current assessed valuation in the District.
$18,415,360.
8. Current year budget including a description of the Public Improvements to be constructed in such year.
Reso to Adopt Budget 2025 (2024-11-03) (1).pdf2024 BudgetThe District began construction of public improvements in 2021 and additional construction is anticipated in 2025.
9. Audit of the District’s financial statements.
The 2024 Audit is in progress and will be provided upon completion.
10. Uncured events of default by the District.
To our knowledge, there are no uncured events of default by the District which continue beyond a ninety (90) day period.
11. District’s inability to pay obligations.
To our knowledge, the District has been able to pay its obligations as they come due.
*For accessibility purposes, this is an alternate conforming version of the 2024 Annual Report
2026 Mill Levy - 14.100 Mills
CAMD 2025 Final Budget.pdf2025 Mill Levy - 14.100 Mills
2024 Budget AmendmentReso to Adopt Budget 2024 (2023-11-02) (8).PDF2024 Mill Levy - 14.100 Mills
The Transparency Notices for the Districts can be accessed on the Special District Association website:
