Title:
A Resolution Approving a Service Plan for the Vistas at West Mesa Metropolitan District for a new residential development located west of Interstate 25 and Fillmore Road
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 Vistas at West Mesa Metropolitan District ("District"). This would be a small, approximately 6.61- acre metropolitan district serving a residential development located west of I-25 and northeast of the intersection of Centennial Boulevard and Fillmore Road.
The petitioner is requesting an exception from the Special District Policy and the Model Service Plan to authorize Maximum Operational Mill Levy beginning at 10 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. This provision would be consistent with what was recently approved by Council for the Ellston Park Metropolitan District in this vicinity
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 request was discussed at the July 27, 2021 City Council Budget Committee meeting, and introduced at a Council Work Session on August 9, 2021, at which time there were no outstanding requests for changes or follow-up.
Background:
This proposed metropolitan district would encompass about 6.61 acres and include about 105 townhomes. The maximum combined authorized debt for this district is proposed to be $4,500,000. To support this figure, the petitioners have provided an attached engineer's estimate of about $3,200,000 in eligible costs associated with this development.
This district would be authorized to certify a maximum debts...
Click here for full text