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<h3>General Information – Sweetgrass Metro District No. 2</h3>
[/vc_column_text][minti_newdivider line_color="#cc6626" topmargin="8px" bottommargin="15px"][/vc_column][/vc_row][vc_row][vc_column width="1/1"][vc_column_text]Sweetgrass Metropolitan District No.2 (the “District”) is a quasi-municipal corporation located within the city limits of Dacono, Colorado (“Dacono”) created by election in November 2001. The District and Dacono have entered into an Intergovernmental Agreement as required by the Dacono Code, which implemented the District Service Plan and limited certain District statutory powers. The District is governed pursuant to provisions of the Colorado Special District Act to finance construction, operations and maintenance of the facilities located within the Sweetgrass Metropolitan Districts Nos. 1-3.

The District was organized concurrently with Sweetgrass Metropolitan Districts No. 1 and No. 3. District No. 1 has the power to provide water, sanitation, storm drainage, streets, traffic and safety controls and parks and recreation improvements and other related improvements for the benefit of tax payers and service users within he Districts’ boundaries. The Service Plan requires District No. 1 to convey the constructed improvement to Dacono or the HOA for ownership and maintenance.

District No.1 is intended to serve as the “operating District” while District No. 2 and No. 3 are intended to serve as the “financing Districts”. The operating District is responsible for providing the day-to-day operations and administrative management of all three of the Districts. The operating District is economically dependent upon intergovernmental revenues received from the financing Districts.[/vc_column_text][/vc_column][/vc_row]