El Paso County approves amended service plan for Larson Ranch Metropolitan District No. 6

The El Paso County Board of County Commissioners on March 26 approved an amended and restated special district service plan for Larson Ranch Metropolitan District No. 6, voting 5-0 to authorize changes the applicant said will bring the district into alignment with current county policy. The board's action covers a ~291.9-acre portion of the Lawson Ranch planned unit development east of Mark Sheffel Road and Fontaine Boulevard.

County planner Carrie Parsons told the board the amendment reduces the district's maximum debt authorization from $80 million to $58 million, retains a proposed debt-service mill levy cap of 50 mills and an operations-and-maintenance cap of 10 mills (a combined maximum of 60 mills), removes a previously authorized 13-mill special-purpose levy for fire protection, and requests a longer maximum bond term than the county standard. "With this amendment, again, we are with the applicant is increasing to go from the existing 35 year bond term to a 40 year bond term which is outside of…