Title
Resolution approving an amendment to the Service Plan for the Wildgrass at Rockrimmon Metropolitan District.
Presenter:
Peter Wysocki, Director of Planning and Development
Carl Schueler, Comprehensive Planning Manager, Planning & Community Development Department
Body
Summary:
This service plan amendment is structured to allow the Wildgrass at Rockrimmon Metropolitan District to operate in lieu of an owners' association by allowing the District to own, operate, and maintain public and common area improvements, and to enforce covenants and provide design review services.
Previous Council Action:
City Council approved a consolidated service plan for the Wildgrass at Rockrimmon Metropolitan District on September 11, 2007, This District was formally created in early 2008 (Resolution 159-07).
This item was first introduced at a City Council Work Session on April 23, 2018 with a request to substantially increase the operations and maintenance mill levy for this District. At this Work Session concerns were expressed about the higher operations and maintenance mill levy in particular.
This item was presented to the City Council Budget Committee on April 10th and May 8th, 2018.
Also on May 8, 2018, Council formally postponed this item from that date to this hearing, in order to preserve legally published notice.
Background:
The Wildgrass at Rockrimmon Metropolitan District ("the District") was originally created in 2007 as a single residential metropolitan district subject to the standard Gallagher-adjusted mill levy caps in place at the time (30.0 mills for debt service and up to 10.0 mills for operations and maintenance). The District was intended to provide financing and a source of reimbursement for qualifying improvements within the 14.28 acre Wildgrass at Rockrimmon development, along some ongoing maintenance of shared public facilities. This project did not move forward at the time, in part in response to the late 2008 recession. Th...
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