District Documents
ANNUAL REPORT
for the year ended December 31, 2024
GODDING HOLLOW METROPOLITAN DISTRICT
(the “District”)
Pursuant to the requirements of Section 32-1-207(3)(c), C.R.S., and Section VII of the Service Plan for Godding Hollow Metropolitan District, as approved June 9, 2009 by the Town Council of the Town of Frederick (the “Town”), and Section 14.3 of the Town’s Land Use Code, the District hereby submits its annual report for the year ended December 31, 2024.
1. Narrative summary of the progress of the District in implementing its service plan for the report year.
The District proceeded with development of Public Improvements authorized under the Service Plan, including roadway and sidewalk, water, sanitary sewer, and stormwater drainage, right-of-way lot adjacent areas, and detention improvements.
2. Audited financial statements or Application for Exemption from Audit for the report year, along with approval of Application for Exemption, if appropriate.
The 2024 Audit is in progress and will be provided once complete. The 2023 Audit was not complete at the time of the 2023 Annual Report and is linked below.
2023 Audit
3. Summary of capital expenditures incurred by the District in development of public facilities in the report year, as well as any capital improvements or projects proposed to be undertaken in the five (5) years following the report year.
The District incurred capital expenditures in development of public facilities in the report year. There are no currently anticipated public facilities anticipated to be developed in the next five (5) years.
4. Summary of financial obligations of the District.
See responses to Item Nos. 1 and 2 above.
The District certified a mill levy of 18.000 mills for collection in report year 2024. The final assessed valuation as provided by Weld County on November 18, 2024 was $8,383,380.
5. The District’s budget for the calendar year in which the annual report is submitted.
2025 Budget
6. Summary of residential and commercial development in the District for the report year.
There was no residential or commercial development in the District during the report year.
7. Summary of all fees, charges, taxes and assessments imposed by the District as of January 1 of the report year.
The District imposed no fees, charges or assessments as of January 1 of the report year. Taxes were imposed by the District in the report year.
8. Certification of the Board that no action, event or condition enumerated in Section 14.4 (Material Modification) of the Town Land Use Code has occurred in the report year.
No action, event or condition enumerated in Section 14.4 (Material Modification) of the Town Land Use Code occurred in the report year.
Name, business address and telephone number of each member of the Board and its chief administrative officer and general counsel, together with the date, place and time of the regular meetings of the Board.
BOARD MEMBERS:
Curtis McDonald, President
McDonald Development, LLC
401 Interlocken Blvd., #1407
Broomfield, CO 80021
Phone: 641-472-7770
curtis@mcdonalddevelopment.com
Joel Paas, Treasurer/Assistant Secretary
Rocky Ridge Civil Engineering
420 21st Avenue, Suite 101
Longmont, CO 80501
303.651.6626 Ext. 3
There are currently three (3) vacancies on the Board of Directors.
CHIEF ADMINISTRATIVE OFFICER AND GENERAL COUNSEL:
Jon T. Hoistad
McGeady Becher Cortese Williams P.C.
450 E. 17th Ave., Suite 400
Denver, CO 80203-1254
Phone: 303-592-4380
Fax: 303-592-4385
E-mail: jhoistad@specialdistrictlaw.com
MEETING SCHEDULE:
For report year 2024, a special meeting was held on October 24, 2024 at 3:00 p.m. The District’s 2025 regular meetings were scheduled for June 19, 2025 at 3:00 p.m. and for October 23, 2025 at 3:00 p.m. via video/teleconference. The June 19th meeting was cancelled.
10. Boundary changes made
No boundary changes were made in the report year.
11. Intergovernmental Agreements entered into or terminated
No intergovernmental agreements were entered into or terminated in the report year.
12. Access information to obtain a copy of rules and regulations adopted
The District has not adopted any rules and regulations as of December 31, 2024. In the event the District adopts such in the future, they may be accessed at the offices of McGeady Becher Cortese Williams P.C., 450 E. 17th Ave., Suite 400, Denver, Colorado 80203, or on the District’s website: https://goddinghollowmetropolitandistrict.specialdistrict.org/
13. Summary of litigation involving the District’s public improvements
To our knowledge, the District was not involved in any litigation during 2024.
14. Conveyances or dedications of facilities or improvements, constructed by the District, to the Town
There were no dedications of facilities or improvements to the Town.
15. Notice of any uncured events of default by the District, which continue beyond a ninety (90) day period, under any debt instrument
To our knowledge, there are no uncured events of default by the District which continue beyond a ninety (90) day period.
16. Any inability of the District to pay its obligations as they come due, in accordance with the terms of such obligations, which continues beyond a ninety (90) day period
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
The Transparency Notices for the Districts can be accessed on the Special District Association website: