Metro districts → Denargo Market
Denargo Market Metropolitan Districts
3 numbered metropolitan districts operate under the Denargo Market name — a common structure where one development is financed and governed through a series of districts. Our plat matching places them in Denver County. A metro district is not an HOA: it's a local government with taxing power, and a property can sit inside both.
What this means if you own or are buying here
Metropolitan districts are special districts formed under Colorado law to finance and maintain a development's public infrastructure — streets, water and sewer lines, parks, drainage. Unlike an association, a district is a unit of local government: it is governed by an elected board, holds public meetings, issues bonds, and levies a mill levy on your property tax bill rather than dues it invoices you for.
Practical consequences worth knowing before a closing:
- It shows up on the tax bill, not in dues. The district's mill levy is collected with your property taxes, so it can be easy to miss when budgeting for a home.
- The debt outlives the builder. Districts commonly issue bonds to build infrastructure up front and repay them from that levy over decades.
- You can be in a district AND an HOA. They are separate bodies with separate rules, separate money, and separate contacts — being in one tells you nothing about the other.
- The board is elected and the meetings are public. As a property owner inside the district you can attend, run, and vote.
This page is a public-records summary, not legal or tax advice. For the district's own budget, levy, and meeting notices, use its website below or the state's guide for residents and prospective homeowners.
The 3 districts on file
-
Denargo Market Metropolitan District No. 1
- Mailing address
- 141 Union Blvd., Ste. 150, Lakewood 802281898
- Website
- www.colorado.govdenargo
- State district ID
- 66222
- Record updated
- December 2015
-
Denargo Market Metropolitan District No. 3
- Mailing address
- 450 East 17th Avenue, Suite 400, Denver 80203-1214
- Website
- denargo.colorado.gov
- State district ID
- 66224
- Record updated
- January 2024
-
Denargo Market Metropolitan District No. 2
- Mailing address
- 141 Union Blvd., Ste. 150, Lakewood 80228-1898
- Website
- www.colorado.govdenargo
- State district ID
- 66223
- Record updated
- January 2024
Source: Colorado Department of Local Affairs district registry, published by the Governor's Office of Information Technology and pulled 2026-08-07. Mailing addresses are frequently the district's management or law firm rather than an office in the neighborhood.
What it levies
Denver County certified these districts' mill levies for tax year 2025. A mill is one dollar per $1,000 of assessed value — not market value — and it is collected with your property taxes rather than billed as dues.
Where part of a figure is marked bond, that share repays construction debt the district issued — it is debt service on certified filings, not operations, and it ends when the bonds are paid off.
- Denargo Market Metropolitan District No. 2 61.935 mills · 45.916 bond
- Denargo Market Metropolitan District No. 3 53.703 mills · 37.592 bond
- Denargo Market Metropolitan District No. 1 0.000 mills
For scale: the highest levy here is more than 69% of Colorado's 1,682 levying metropolitan districts charge.
Levies here range from 0.000 to 61.935 mills depending on which district covers the property. These do not add up — a parcel sits inside one of them, not all of them. Your tax notice names the one that applies to you.
In dollars: these districts were together certified to collect $2,112,136 for bond repayment in 2025 — debt service on money already borrowed to build here. (Unlike mills, dollars add: each district collects its own.) The outstanding principal behind that payment is in the audited filings below.
2-year history, Denargo Market Metropolitan District No. 2 (the highest in this family):
- 202450.675
- 202561.935
Source: each county's annual certification, compiled statewide by the Division of Property Taxation and published on the state's open geodata service, collected 2026-08-08. Certified annually under C.R.S. §39-1-111. We report the levy as certified and don't calculate anyone's bill — that depends on your property's assessed value and the assessment rate in force, both of which change. Your county assessor or treasurer can give you a figure for your address.
Watch this district. Levies are re-certified every December. Leave an email and we'll send one plain message a year — only if a levy here changes, with the old number, the new one, and the bond share. No newsletter, nothing else.
Financial filings at the State Auditor
Every Colorado local government files annual financial statements with the Office of the State Auditor — audited statements, or an audit-exemption application for small budgets. This is where the authoritative outstanding-debt figures live. Each link below is that district's own filings page, year by year, with the PDFs:
- Denargo Market Metropolitan District No. 1
- Denargo Market Metropolitan District No. 3
- Denargo Market Metropolitan District No. 2
Source: Office of the State Auditor Local Government Portal, matched by district name 2026-08-08 — we link the state's filing record and never restate figures from audit PDFs. Found a mismatch? Tell us.
Neighborhoods this district serves
Platted subdivisions whose recorded name matches this district, from the county parcel records behind our address lookup:
- Denargo Market — Denver County
Name-matched from public plat records, not a legal boundary determination. District boundaries in the state's data are digitized approximations — confirm with the district itself before relying on this for a transaction.
Buying or selling in this district
A metro district doesn't issue the status letter an HOA must furnish at closing — but if an association also covers the property, that 14-day statutory clock still applies to it. Not sure which bodies govern a specific address? Run the address — the lookup reports both associations and districts from county plat records.