
aspen village hoa
vs.
metro district
key differences
The Homeowners Association (HOA) and Metro District are distinct entities with different roles and responsibilities, that both coexist in Aspen Village.
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The HOA focuses on community rules, funded through homeowner assessments. The Metro District is akin to a local government, responsible for public infrastructure and essential services funded through taxes. Here's a breakdown of what each entity does:
HOMEOWNERS ASSOCIATION
(HOA)
An HOA is a private organization established by the community's developer and managed by residents or a third-party management company. Its primary purpose is to enforce community rules, maintain shared spaces, and preserve property values.
Key Functions:
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Enforcing Covenants:
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Manages and enforces the community’s Covenants, Conditions, and Restrictions (CC&Rs), Articles of Incorporation and Bylaws
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Rules and Regulations:
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Sets and enforces rules for aspects of community living.
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Architectural Review Committee:
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Sets and enforces rules for architectural changes and landscaping improvements on each individual Lot
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Community Services:
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Hosts events like Annual Trash day, Winter Bonfire, Summer BBQ
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Communicates with all owners regarding HOA matters
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Maintains HOA website
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Regulations:
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Governed by an HOA Board of directors elected by property owners within the community.
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Operates under the Associations CC&Rs and the Colorado Common Interest Ownership Act (CCIOA)
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Funding:
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Funded through HOA assessments paid by homeowners.
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2025 Annual Assessment of $400.00
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May levy special assessments for large projects or unforeseen expenses.
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Management Company contact:
Embers Property Management
Megan Rodman
p: (970) 924-0493
METRO DISTRICT (METROPOLITAN DISTRICT)
A Metro District is a local governmental entity established under state law, typically to finance and provide public infrastructure and services within a specific area. Its responsibilities and powers are broader than those of an HOA and are funded through property taxes and other fees.
Key Functions:
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Infrastructure Development and Maintenance:
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Roads, sidewalks, drainage systems, and other public infrastructure.
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Utilities:
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Water and wastewater services, trash collection, electricity and gas.
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Maintenance of Common Areas:
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Manages amenities such as the pool, clubhouse, landscaping, and shared spaces.
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Community Services:
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Provides services like snow removal and parking enforcement.
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Public Financing:
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Issues bonds to fund large-scale projects, repaid through property taxes levied on residents within the district.
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Regulations:
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Governed by a Metro District Board of Directors elected by property owners within the district.
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Operates under state and local government laws.
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Funding:
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Primarily funded through property taxes assessed on properties within the district.
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May also impose fees for specific services (e.g., water or trash).
Management Company contact:
The Romero Group
Val Loughman
p: (970) 273-3100