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Willow Springs Ranch Metropolitan District

Welcome to the Willow Springs Ranch Metro District!

Willow Springs Ranch Metropolitan District (WSRMD) has an existing mill levy of 64.351 that is obligated to pay off debt. There is no discussion on issuing any future mill levies. The Debt Service mill levy is set to stay in place until the obligated debt is paid off.  

 

The main function of the Willow Springs Ranch Metropolitan District is to collect tax revenue to pay off Long-Term Debt for infrastructure and provide funding for operations and maintenance.

 

The District refinanced the Series 2019 A&B Bond debt on 11/1/2024.

Summary of the WSRMD outstanding Long Term Financial Debt:

Name of Debt

Original Principal Amount

Interest Rate

Maturity Date

Series 2024A Limited General Obligation Bonds

$11,700,000

4.524% (Avg)

10/1/2054

Series 2024B Limited General Obligation Subordinate Bonds

$3,436,000

6.5%

10/15/2054

Series 2023C(3) Taxable Junior Lien Limited Tax General Obligation Bonds

$10,165,000

3.50%

12/15/2052

What's New

WSRMD Contact Information

Please contact the District and Community Management through either:

Email: office@willowspringsranch.co (not .com)

or by leaving a message: 719-414-8772

Thank you!