Title
A Resolution approving additional property into the Inclusion Area Boundaries of Peak Metropolitan District Nos. 1-3 for a property in the Airport Business Park.
Presenter:
Carl Schueler, Planning Manager- Comprehensive Planning, Planning & Development Department
Peter Wysocki, Planning and Community Development Director
Body
Summary:
This resolution would allow the Peak Metropolitan District Nos. 1-3 (Districts) to include one additional parcel into their boundaries. This property is integral to the existing or approved boundaries of the Districts, and its lack of inclusion within the approved Inclusion Area Map was due to an oversight.
A metropolitan district cannot include property outside of its approved inclusion area boundary without City Council approval. Due to the limited nature of this inclusion, and the circumstances surrounding it, a simple resolution is being proposed in lieu of a full service plan amendment.
This item was discussed by the City Council Budget Committee on June 28, 2022, and introduced at a Council Work Session on July 11, 2022.
This property is located in City Council District No. 4.
Note: this request is summarized in a combined PowerPoint presentation attached with a prior associated agenda item.
Background:
When the consolidated service plan for Peak Metropolitan District Nos. 1-3 was approved in 2018, this approximately 6.02 acre parcel was inadvertently omitted from the legal description for areas to be included in one of these three districts in the future. Therefore, specific Council approval is required. This resolution rectifies that error and allows the property to be included in District Nos. 2 and 3. District No. 3 is in the process of issuing debt for its share of public improvement expenses.
In this multiple district structure, District Nos. 1, 2 and 3 (the "Districts"), are planned to have a variety of non-residential uses associated with the Airport Business Park (Peak Innovation Park). Di...
Click here for full text