Title
A resolution approving a service plan allowing for the creation of the North Meadow Metropolitan District Nos. 1-5.
(Legislative)
Presenter:
Carl Schueler, Planning Manager- Comprehensive Planning, Planning & Development Department
Peter Wysocki, Director of Planning and Community Development
Body
Summary:
This service plan would allow the formation of the North Metropolitan District Nos. 1-5 ("Districts") to finance public improvements cost and provide services for the proposed "BLR North" development located north and south of Woodmen Road immediately north of the Banning Lewis Ranch Master Plan area. District No. 1 is anticipated to function as the operating district, with District Nos. 2-4 anticipated to be residential districts, and District No 5 functioning as a commercial district. No deviations from the Special District Policy model service plan are being requested.
This item was discussed by the City Council Budget Committee on February 23, 2021, and introduced at a Council Work Session on March 8, 2021. There were no Council requests for changes or follow-up based on the Work Session.
Background:
These proposed metropolitan districts would provide property tax-based public improvements financing and services for the proposed BLR North project in the west-central part of Banning Lewis Ranch. The overall proposed district area encompasses about 807 acres with designated parcels to be included initially, and other identified as future inclusion areas.
This would be a consolidated service plan with five (5) districts created, one to serve as the operating district, three for residential purposes and one with non-residential uses.
For the residential districts, the service plan allows a service mill levy cap of up to 30.0 mills Gallagher-adjusted back to 2006. District No. 5 would have a Gallagher-adjusted cap of 50.0 mills, provided that it does not contain residential uses. The maximum Gallagher-adjusted operations and ma...
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