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Planning Commission recommends Pine Ridge metro district service plan; mill‑levy cap and debt limits included
Summary
The Planning Commission recommended approval of the Pine Ridge Metro District service plan, which proposes a district to finance water, sewer, roads and limited parks for a 186‑lot, 1–3 acre lot neighborhood; the plan sets a 65‑mill cap and a $70 million maximum debt limit.
The Planning Commission on May 6 recommended approval to the Board of County Commissioners of the Pine Ridge Metro District service plan, a Title 32 special‑district proposal to finance and operate infrastructure for a planned 186‑lot residential development south of Highway 86.
District counsel Suzanne Mentzer (McGidi Becker) presented the service plan and its statutory elements. Mentzer said metro districts are the typical financing mechanism in Colorado to install and operate public infrastructure (streets, water and sanitation, limited park improvements) where municipal funding is not available. The proposed district boundary covers approximately 420 acres (presented as roughly 4.20 in staff materials) with lot sizes the applicant described as generally 1 to 3 acres.…
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