Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves Falcon Field metropolitan district service plan, authorizes up to $35 million debt
Summary
The El Paso County Board of County Commissioners approved a service plan to expand the existing Falcon Field Metropolitan District and create two new residential metropolitan districts, authorizing a combined maximum debt of $35 million and setting mill-levy caps for residential and commercial property.
The El Paso County Board of County Commissioners on Aug. 21 approved a special district service plan that amends the existing Falcon Field Metropolitan District and creates two new residential metropolitan districts for the Commons at Falcon Field development east of Highway 24.
County staff described the combined proposal as covering about 57.67 acres and seeking a maximum debt authorization of $35,000,000. Under the plan the two residential districts would carry a combined maximum debt service mill levy of 50 mills, an operations and maintenance (O&M) levy of 10 mills and a 5‑mill special purpose levy, producing a total residential cap of 65…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
