The District, a quasi-municipal corporation and a political subdivision of the State of Colorado, was organized on May 5, 1998 and is governed pursuant to provisions of the Colorado Special District Act (Title 32, Article 1, Colorado Revised Statutes). The District's service area is located in Douglas County, Colorado.
The District was established as part of a master-planned commercial development know as Compark and will provide water and wastewater service, street construction, installation of safety control devices, construction and maintenance of parks and recreation facilities and public transportation. All infrastructure is to be owned and maintained by Douglas County or adjacent governmental entities with the exception of certain drainage areas.
The District retains maintenance responsibility for the landscaped medians in Chambers Road, the monument sign at the Northwest corner of E470 and Chambers, the monument sign on Compark Boulevard at the West entrance to the District, 4 detention ponds, the landscaped right of way along Compark Boulevard to Chambers Road and the Happy Canyon Creek Regional Trail.
Douglas County, Stonegate Village Metropolitan District and the Town of Parker maintain the streets, storm drainage, water and sewer facilities and other infrastructure.
The District has no employees and all operations and administrative functions are contracted.
The District prepares its budget on the modified accrual basis of accounting.