Waterstone Metropolitan District No 2
Organized November 28, 2005
Waterstone Metropolitan District No 2
Organized November 28, 2005
Development Stage District
About the District
Waterstone Metropolitan District No. 2 (District), a quasi-municipal corporation and political subdivision of the State of Colorado, was organized on November 28, 2005, and is governed pursuant to provisions of the Colorado Special District Act (Title 32). The District operates under a service plan approved by City of Aurora (City) in August 2005. The District's service area is located in Arapahoe County, Colorado entirely within the boundaries of the City. The District was established to provide financing for the design, acquisition, construction and installation of streets, traffic and safety controls, park and recreation, sanitary sewer, storm drainage and other improvements (Public Improvements) within and without the District boundaries that benefit the taxpayers and inhabitants of the District. The District was also established to (1) maintain various open spaces within the District (not otherwise owned and maintained by the City), (2) maintain perimeter fencing, and (3) provide covenant enforcement and architectural review services.
The District currently encompasses one 0.2-acre parcel of land located approximately ¼-mile east of South Gun Club Road between East Alameda Avenue and East Mississippi Avenue. Per the District’s Service Plan, the District may expand the District’s boundaries to include certain additional undeveloped land parcels with an approximate size of 79.56 acres.