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Blue skies with a modern monument sign that reads BRADLEY HEIGHTS with bricks on the bottom. There are two-story houses in the background.

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.

December 2024
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