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New service plan for Piney Meadows districts approved; consultants flag market assumptions
Summary
The board approved a new service plan for Piney Meadows Metropolitan Districts 1 and 2, authorizing up to $11 million in debt and an initial mill levy framework; county consultants noted that some pricing and absorption assumptions in the market study would benefit from stronger justification.
The Board of County Commissioners unanimously approved a new service plan Tuesday for Piney Meadows Metropolitan Districts numbers 1 and 2, which would finance public improvements for a planned residential project in the Pinery separated urban area.
Staff said the district boundaries would cover a roughly 39.5‑acre planned development anticipated to include 136 residential units with an expected build‑out population of about 170 residents. The…
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