Title
Ordinance No. 21-68 ordering that the question of organization of the Colorado Springs Briargate General Improvement District 2021 and approving a mill levy be submitted to the electors of the proposed district at the coordinated election conducted by mail ballot to be held on Tuesday, November 2, 2021; providing for the form of the ballot title and text; providing for certain matters with respect to the election; and providing the effective date of this ordinance
Presenter:
Council Member Randy Helms, District 2
Eric Becker, Special Improvement Maintenance District Administrator
Body
Summary:
The Briargate Special Improvement Maintenance District (BSIMD) has been experiencing budget shortfalls for several years, resulting in a decline in the overall maintenance operations and appearance of the community. This item proposes to refer a ballot question on the November 2021 Coordinated Election ballot for the voters within the boundaries of the BSIMD to create a new General Improvement District with the same boundaries and requirements that would include all of the properties served by the improvements. Of the 9,864 properties within the logical benefit area of the BSIMD, only 7,603 have been formally included in this district and currently pay the associated property tax to support BSIMD operations. This is an effort to preserve community assets by having all properties that benefit share equitably in the district's operational costs. If the ballot issue is successful, the newly created Colorado Springs Briargate General Improvement District 2021 ("the GID") would assume all pertinent powers and functions of the BSIMD, and the property tax mill levy of the BSIMD would be set at zero. If the ballot issue is not successful, the expectation is that the BSIMD would continue with its current mill levy and role.
Background:
UPDATE FOLLOWING JULY 26, 2021 WORK SESSION:
Upon request of City Council, staff updated the referral ordinance to include l...
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