About the District
Bradley Heights Metropolitan District No. 2 has an existing mill levy of 35.642 mills obligated to pay off Debt (See Annual Report and Disclosure Notice) and 20.000 mills obligated to support Operations and Maintenance of the District, at this time there is not discussion on issuing any future mill levies. The Debt mill levy is set to stay in place until the obligated debt is paid off, current maturity date is set for December 1, 2052, and there are currently no anticipated increases or decreases. At this time, there is no discussion on any additional Long Term Financial Obligations anticipated by the district. Here is a summary of the district’s current outstanding Long Term Financial Obligations.
Name of Debt | Initial Debt Issuance Amount | Maturity Date | Interest Rate |
Series 2021A | $35,000,000 | December 1, 2052 | 4.75% |
The Bradley Heights Metropolitan District No. 2’s main function is to collect tax revenue to pay off the debt obligation and provide operations and maintenance within the District Boundaries. At this time the district is not anticipating providing any other primary functions.
- November 2024
- December 2024
- January 2025
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