Castle Rock Town Council Approves $56M Revenue Bond Ordinance for Water and Sewer Projects

July 15, 2025 | Castle Rock, Douglas County, Colorado

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Castle Rock Town Council Approves $56M Revenue Bond Ordinance for Water and Sewer Projects

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In the heart of Castle Rock, the Town Council convened on July 15, 2025, to discuss pivotal initiatives aimed at enhancing community infrastructure and providing residents with essential services. The meeting, marked by a collaborative spirit, focused on the introduction of a new resolution and an ordinance concerning water and sewer services.

One of the key discussions revolved around a resolution that would offer residents an alternative to existing septic systems. Council members emphasized the importance of providing options for homeowners, particularly in areas where septic systems have hindered development. "We want to be a good neighbor," one council member stated, highlighting the need to ensure that residents are not burdened by high costs associated with well installations, which can exceed $20,000. The council's commitment to offering access to Castle Rock Water was seen as a significant step forward for the community, especially for those in Sedalia, where commercial growth has been stunted by the limitations of septic systems.

The meeting also addressed the financial aspects of the town's water resources. The council discussed an ordinance authorizing the issuance of revenue bonds, which would allow the town to raise funds for necessary water and sewer improvements. The proposed bond issuance could reach up to $56 million, with a focus on securing favorable interest rates to minimize costs for residents. The council expressed a strategic approach, aiming to time the market effectively to achieve the best possible financial terms.

As the council moved to approve the resolution and the ordinance, the atmosphere was one of optimism and determination. The unanimous vote reflected a shared vision for a more sustainable and accessible future for Castle Rock residents. With these initiatives, the town is poised to enhance its infrastructure while ensuring that the needs of its community are met with care and consideration. The council's proactive measures signal a commitment to fostering growth and improving the quality of life for all residents in the area.

Converted from Castle Rock, CO - Town Council on 2025-07-15 6:00 PM - Jul 15, 2025 meeting on July 15, 2025
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