Title
A resolution approving a service plan allowing for the creation of the Freestyle Metropolitan District Nos. 1-4 located in the north-central area of Banning Lewis Ranch
(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 Freestyle Metropolitan District Nos. 1-4 ("Districts") to finance public improvements costs and provide services for a part of the Nor'wood ownership within the north central part of Banning Lewis Ranch Master Plan. The districts would be located adjacent to the Mountain Vista development. District No. 1 is anticipated to function as the commercial district, with District Nos. 2-4 anticipated to be residential districts.
This item was discussed by the City Council Budget Committee on June 22, 2021 and introduced at a Council Work Session on July 12, 2021. At the Work Session Council asked for this service plan to be revised to insert language to specifically limit these District's ability to restrict otherwise allowable use of concealed weapons as addressed in Colorado Senate Bill 21-256. This additional language is now inserted as a new paragraph V.A.17:
"Concealed Carry Prohibition. The District shall not adopt or enact an ordinance, resolution, rule or other regulation that prohibits or restricts an authorized permittee from carrying a concealed handgun in a building or specific area under the direct control or management of the District as provided in C.R.S. ? 18-12-214."
As also discussed at Budget Committee, Council discussed the topic of the current service plan language addressing an expectation that the interest rate of debt should not exceed 18%, and whether a lower rate should be substituted. At this point, it is staff's recommendation that this topic be addressed uniformly as a potential model service plan and/or Special ...
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