SPECIAL DISTRICT DUE DILIGENCE
An important aspect of any real estate acquisition in Colorado is
determining whether the property lies within the boundaries of one
or more special districts. Through examining the powers, duties,
tax and fee structure, debt authority and limitations of special
districts, McGeady Sisneros can provide recommendations to assist
purchasers in making informed business decisions.
As a result of over 25 years practicing special
district law, our Firm understands what is important to developers,
builders, lenders and purchasers. We can efficiently and effectively
obtain, review and analyze documents governing the organization
and operation of the district to understand not only the burdens,
but also the benefits that may result from inclusion of property
within a special district.
In performing our special district due diligence services, we will
reviewing public records, including organizational documents, electoral
and service plan authority, budgets and audits, and analyze outstanding
debt and other encumbrances on property imposed by special districts.
We help our clients
determine a district’s impact on the bottom line of their
land acquisition deals and how a district may be utilized to benefit
a purchaser in the financing
of public infrastructure and provision of services.
To read an article prepared by our Firm regarding the importance
of special district due diligence, click on the following link:
District Due Diligence Article, Colorado Real Estate Journal, March
19 – April 1, 2008
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