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Board approves H H H Ranch metro districts with authority for special‑assessment SID bonds and deep‑well water system
Summary
El Paso County approved service plans for H H H Ranch Metropolitan Districts 1–3, authorizing up to $37 million in debt, the ability to form special improvement districts (SIDs) for assessment‑lien bonds, and a plan to use deep Denver‑Basin wells and a centralized water system.
The El Paso County Board of County Commissioners on Sept. 25 approved Title 32 service plans for H H H Ranch Metropolitan District Numbers 1 through 3, authorizing up to $37,000,000 in debt and a combined mill levy cap of 65 mills.
The applicant described a three‑district structure: District 1 would function as an overlay operations and management district; Districts 2 and 3 would act as financing districts tied to phased filings. Ryan Farr, attorney for the applicant, said the developer’s model anticipates constructing a centralized water supply using deep Denver‑Basin…
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