Rooney Valley News

    Who is the organization that paid for this facebook advertisement promoting SB23-110     Who is the Metro District Education Coalition.   They were created by the metro district industry to lobby against metro district reform following the Denver Post series on metro district abuse published in late 2018 early 2019.   Every […]

        The developer and metro district industry lobby group MDEC is buying advertising on facebook to legalize metro district abuse.  They are also promoting their legislative sponsor Sen. Zenzinger, who sponsored a very similar bill for them two years ago.   Two years ago the residents of metro districts helped persuade the […]

  Original debt:  $70 million Since residents could not even cover interest payments, the amount of compounded accrued interest keeps adding up to:  $253 million ($253 million as of the 2017 Audit – the number is now $320 million)   Interest is still adding up on unpaid interest until 2029 (40 years).   At the […]

    Here is brief exchange from the hearing on the industry bill where a sponsor of metro district industry bill SB23-110 explains the so called “transparency” sections are not important. The most important part of the bill, (which has nothing to do with transparency) is legalizing unethical self-dealing developer bond debt.     Here […]

    At a recent hearing before the state legislature, a member of the metro district bond industry who admitted he makes a lot of money off of Metro District bonds and who said he also speaks for the metro district industry lobby  MDEC (Metro District “Education” Coalition whose sponsors are all the majors metro […]

  SB23-110 Comparison   Facts SB23-110   Fact attachments Facts SB23-110 SB23-110 Comparison   Details on legislation and how to be heard; https://www.change.org/p/colorado-state-legislature-colorado-metro-district-reform/u/31370986  

      This is Representative Bockenfeld explaining how we residents are just stupid and should have known better before buying into a metro district.   Never mind that you know more about financing the cost of a used car than buying a home in a metro district.   Never mind that you were never […]

    Brookfield has a long history of suing when when they don’t get their way.   They recently sued Solterra residents for not issuing bond debt fast enough.   (Even though, as reported in earlier blogs, Brookfield probably isn’t entitled to raise more of Solterra residents’ taxes to pay what appears to be just […]

    On December 6, 2022, Brookfield sued Solterra for not paying bond debt faster.  Here is the lawsuit:   Solterra v. Fossil Ridge Metro Districts 12-6-22     Sadly it did not need to end this way.       Sadly, the current metro district reform movement that Solterra helped initiate and has been […]

  The Kitchel Lake developer and management company are covering their mismanagement of this metro district by proposing to charge a $1,000 “fee” this year and a potentially higher fee in subsequent years from each homeowner.  The homeowners are paying about $1,300 in metro district taxes already.   On November 30, 2022 at 5:30 pm […]