Resolution 2012-43 - Laserfiche WebLink

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TAKODA METROPOLITAN DISTRICT 2012 SERVICE PLAN AMENDMENT Residential development in the Takoda Metropolitan District ("Takoda") has exceeded expectations. Ryland Homes' "Steel Ranch" and the Boulder Creek patio home development are the fastest growing properties in Boulder County and, for its size, the State of Colorado. The District's Service Plan requires that the District obtain the City's approval of a Service Plan Amendment, and fulfill other requirements, prior to the inclusion of additional property into the District and for important changes in the financial plan. This Service Plan Amendment has three purposes: Section 1. To request and obtain the City's aproval of the inclusion of the property described in Exhibit A into the District ("Property"). The Property owner, RMCS LLC, has approved the inclusion, provided the Service Plan is amended as provided in this Amendment. The completion of the inclusion will require that the District complete the steps required by applicable state statutes and fulfill the conditions listed in the petition for inclusion. The inclusion of the Property together with the elimination of fees described in Section 2 and the additional public improvements described in Section 3 hereof would: A. improve the District's tax base for timely payment of the District's bonds; and