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El Paso County approves Antler Creek service plan, authorizes up to $10 million in district debt
Summary
The Board of County Commissioners approved a Title 32 service plan for Antler Creek Metropolitan District covering 244 acres, allowing up to $10 million in district debt and a combined mill levy cap of 65 mills; the plan anticipates individual wells and on-site septic systems and requires future findings of water sufficiency.
The El Paso County Board of County Commissioners on Sept. 25 approved a special district service plan for Antler Creek Metropolitan District, a request from Antler Ridge LLC that covers 244 acres and sets a maximum debt authorization of $10,000,000.
The approval allows a maximum combined mill levy cap of 65 mills — 50 mills for debt, 10 mills for operations and maintenance and 5 mills for a special-purpose levy — and includes a requirement for an annual report and purchaser disclosures, a county staff presentation said. The applicant asked that a typographical error in the plan (an incorrect parenthetical “0” and a…
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