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Staff outlines how —metro districts— can fund Midtown Centennial infrastructure as city weighs policy options
Summary
Economic development staff briefed council on Title 32 metro districts in Midtown Centennial, describing their powers to levy property taxes, issue debt for infrastructure, and the complications introduced by new residential development and overlapping districts. Staff said it is engaging 11 metro districts in discovery to assess partnerships.
City economic development staff told the Centennial City Council on March 3 that metro districts (Title 32 special districts) are likely to play a central role in implementing the Midtown Centennial vision, but that the city will face policy choices as residential uses are added to historically commercial areas.
Neil Marciniak, the city's economic development director, said metro districts are separate local government entities formed under state statute and the city's municipal code that can provide services such as street and stormwater improvements, water and sanitation, and other public infrastructure. "They are a separate local government entity that, you know, essentially this body has to approve to operate in our…
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