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Castle Rock council approves 2026 budget amendment, townhome plan and multiple infrastructure contracts
Summary
Council adopted a second 2026 budget amendment that funds Cantrell School restoration, water projects and program increases, approved a 100‑townhome Dawson Trails site plan, and authorized contracts for a new traffic signal and a stormwater master plan update.
At first reading, the council approved Ordinance 2026‑21, a second budget amendment for 2026 that staff said includes revenues of roughly $56.3 million and supplemental appropriations of $4.58 million. Finance presenter Trish Mueller walked council through line items including a proposed water bond authorization shown in the budget documents ($55 million in bond capacity consistent with an earlier parameters ordinance), $1.25 million for restoration and maintenance of the historic Cantrell School building, an increase of $375,000 for the ColoradoScape rebate program, and funding for stormwater master planning.
Mueller and other staff said the $55 million figure represents bond proceeds anticipated in line with previously approved parameters, but that any actual issuance will be timed to market conditions and will be returned for council approval. Council members asked clarifying questions about why some needs were handled via a mid‑year amendment, the source of the general fund balance used for the Cantrell project, and whether certain items should be planned into future budgets.
Votes at a glance (actions taken during the meeting):
- Budget amendment (Ordinance 2026‑21), first reading and approval — council approved after discussion (roll call recorded in meeting minutes).
- Dawson Trails site plan (Resolution 2026‑77): Council approved a site development plan for 100 townhomes on an 8.4‑acre E‑2 planning area parcel; the plan includes alleys, garages, a one‑acre central park and a dog park (vote 6‑0).
- Demolition request (Resolution 2026‑76) for 607 6th Street in the historic Craig‑and‑Gold neighborhood: historic preservation staff and consultants concluded the structure no longer retains defining historical character; council approved the demolition (vote 6‑0) while noting new construction in the historic district will still require design review.
- Traffic signal contract (Resolution 2026‑78): Council authorized a construction contract with Sturgeon Electric to install a mast‑arm traffic signal at Founders Parkway and Crimson Sky Drive; total project cost is reported at $881,762 (including contingency) with developer contributions covering a portion (vote 6‑0).
- Stormwater master plan (Resolution 2026‑79): Council approved a professional services agreement with Mueller Engineering to update the 2017 stormwater master plan, prioritize rehabilitation of detention ponds and reprioritize capital needs (vote 6‑0).
Why it matters: The budget amendment allocates funds to ongoing infrastructure and preservation priorities, while the approvals for housing and infrastructure shape near‑term construction and service delivery across the town.
What’s next: Staff will return with ordinance language and bond issuance recommendations when market timing is decided; project managers will proceed with contracting and procurement steps for the approved projects.
