SDI, Inc. v. Pivotal Parker Commercial, LLC

T1 In this case, we consider whether the Special District Act (the "Act"), sections 32-1-101 to -1807, C.R.S. (2014), gives special districts the power to assign to a private party the right to receive development fees. Here, Cherry Creek South Metropolitan District # 1 ("the District") assigned to a predecessor-in-interest of petitioner SDI, Inc. ("SDI") the right to receive fees that the District had assessed upon developers within its boundaries to finance the development of municipal infrastructure. The District had increased these development fees by about four percent in each of the…