The Base Village Metropolitan Districts 1 and 2 are public entities known as special districts. The Districts were formed under Colorado law to provide public infrastructure and services necessary for the development of the Base Village project in the Town of Snowmass Village, Colorado. Special districts are often used in Colorado to provide public services that are necessary for new growth. District 1 is the commercial district. District 2 is primarily a residential district, but also includes the Aspen Skiing Company’s commercial operations in Hayden Lodge.
District 1 serves as the coordinating district, responsible for the overall management and conduct of functions of the Districts. District 1 is responsible for the construction of and will own, or transfer, operate and maintain, the public facilities and services as provided in the Service Plan. Learn More →
District 2 serves as the financing district for purpose of paying the capital costs of the public improvements. Learn More →
The primary source of revenue for District activities is property taxes. District property taxes are divided between a debt service property tax levy and an operations property tax levy. Secondary sources include certain fees and charges and specific ownership taxes. The Districts earn interest on invested funds as well. The Districts do not receive funding from the Homeowner’s Associations within Base Village or from Real Estate Transfer Taxes payable in connection with sales of units. Learn More →