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Board approves Monument Ridge metropolitan districts service plan with $20 million cap
Summary
The board approved Monument Ridge Metropolitan Districts 1–3 service plan, authorizing up to $20 million in debt and mill levy caps tied to overlapping Misty Acres obligations; staff said an exclusion resolution from Misty Acres is on file.
El Paso County commissioners approved a Title 32 service plan on Aug. 21 to create Monument Ridge Metropolitan District numbers 1 through 3, a proposal covering about 64 acres east of Monument Hill Road and south of County Line Road.
Staff said the proposal requests a $20,000,000 maximum debt authorization and sets a 50‑mill debt service cap for residential districts (with one district showing a 0 mill debt levy in the plan…
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