Title
A resolution of the City of Colorado Springs approving a Service Plan for the Rock Metropolitan District located east of Rangewood Drive and south of Lee Vance Drive
(Legislative)
Presenter:
Hannah Van Nimwegen, Senior Planner, Planning & Development Department
Peter Wysocki, Director of Planning and Community Development
Body
Summary:
This service plan would allow the formation of the Rock Metropolitan District ("District") formerly known as the Rock Family Church Metropolitan District. The primary purpose of the District will be to finance the construction of public improvements; and to provide ongoing operations and maintenance services for streets, sidewalks, drainage facilities, other amenities, and landscaping. The proposed district is comprised of one, eight-acre parcel intended for multi-family land uses with no other areas outlined for inclusion. No deviations from the Special District Policy or model service plan are being requested.
This item was discussed by the City Council Budget Committee on January 25, 2022 and at City Council Work Session on February 7, 2022. Further description of these meetings is in the following sections of this memo.
The proposed district is located within City Council District 2.
Background:
The proposed metropolitan district would provide financing for public improvements, operations, and maintenance of a single eight-acre parcel located east of Rangewood Drive and south of Lee Vance Drive. The parcel is intended for 124 multi-family units which would take the form of townhomes. Included as attachments are a clean copy of the proposed service plan including exhibits, along with a "redline" showing edits to the Model Service Plan.
For the anticipated district, the proposed service plan allows a Gallagher-adjusted mill levy cap of up to 30.0 mills for residential land uses and allows a Gallagher-adjusted operating mill levy cap of 10.0 mills which align with the maximums outlined in the Special Dist...
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