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Council approves amendment allowing Uplands districts to form special-improvement districts
Summary
Westminster adopted a first amendment to the Uplands Metropolitan Districts’ consolidated service plan to permit special improvement districts (SIDs). The amendment includes guardrails requiring assessment liens be cleared before certificate of occupancy is issued.
The Westminster City Council on July 14 adopted Resolution No. 9 approving a first amendment to the consolidated service plan for the Uplands Metropolitan Districts Nos. 1 and 2, authorizing the districts to form special improvement districts (SIDs) to finance localized public improvements.
The amendment gives the district authority to create SIDs—geographic subsections that can issue tax-exempt, assessment-backed bonds for improvements that directly benefit properties inside the SID. Paula Williams, counsel for the…
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