Title:
A Resolution Approving a Service Plan for the Ellston Park Metropolitan District for a new residential development.
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 for creation of the Ellston Park Metropolitan District ("District"). This would be a small, approximately 29.4 acre metropolitan district serving a residential development (Ellston Park) located west of I-25 and north of Fillmore Road.
The petitioner originally requested an exception from the Special District Policy and the Model Service Plan to authorize Maximum Operational Mill Levy of 34 mills (Gallagher-adjusted) where the maximum allowable Gallagher-adjusted cap is normally 10.0 Mills. Following discussion by the City Council Budget Committee on April 27, 2021, the request has been amended to include a cap of no more than 10.0 mills, Gallagher adjusted, but with an allowance of up to 20.0 mills at the discretion of a the board of directors if and when it has a resident majority.
Covenant enforcement and common area maintenance services are requested to be authorized, with this District essentially "stepping into the shoes" of, and replacing the functions of a traditional homeowners association.
This item was introduced at a Council Work Session on May 24, 2021 where the operational mill levy modification to 10.0 and 20.0 mills was presented.
Background:
This proposed metropolitan district would encompass about 29.375 acres and include about 167 single-family and single-family attached residential dwelling units. The maximum combined authorized debt for this district is proposed to be $15,000,000. To support this figure, the petitioners have provided an attached engineer's estimate of $7,700,000 in eligible costs associated with this development.
This district would be authorized to certify a maximum debts servi...
Click here for full text