File #: ID-77-18    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 2/28/2018 In control: City Council
On agenda: 3/6/2018 Final action:
Title: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BRIGHTON, COLORADO APPROVING THE FINAL SERVICE PLAN FOR BRIGHTON CROSSING METROPOLITAN DISTRICT NOS. 5-8 (PUBLIC HEARING CONTINUED FROM DECEMBER 19, 2017 AND FEBRUARY 20, 2018)
Attachments: 1. Resolution (Draft), 2. Draft IGA (Exhibit F) of the Service Plan, 3. Conditionally Approved Service Plan (without Exhibit F – IGA), 4. Proposed District Map as Provided by Applicant, 5. Resolution of Conditional Approval (Approved on 9/17/2017)
Body
Department of Community Development
Reference: Brighton Crossing Metropolitan District Nos. 5-8

To: Mayor Kenneth J. Kreutzer and Members of City Council
Through: Philip Rodriguez, City Manager
Marv Falconburg, AICP, Assistant City Manager
Holly Prather, AICP, Community Development Director
Prepared By: Mike Tylka, Associate City Planner
Date Prepared: February 27, 2018
PURPOSE
Pursuant to Article 1, Title 32, Colorado Revised Statutes, as amended, the City of Brighton has the authority to approve service plans for special districts (also known as metropolitan or simply metro districts) that are organized within the City's boundaries and now has before it final approval of a Service Plan for Brighton Crossing Metropolitan Districts Nos. 5-8. The Service Plan was drafted according to the recently adopted Model Service Plan.
BACKGROUND
The Service Plan was conditionally approved by City Council on September 19, 2017.The Plan was submitted in a multiple district format as the applicant desires to create four new districts out of one large existing district (Brighton Crossing District No. 4).
The formal applicant, the Districts' organizer, Brookfield Residential LLC, and their team is additionally comprised of counsel, White Bear Ankele Tanaka & Waldron; financial advisor, D.A. Davidson and Co.; and engineering firm, Redland Consulting Group Inc.

The Districts had an organizational deadline of September 20th as determined by the State Statutes, and that is why they sought conditional approval at the Council meeting on September 19th. City Council did conditionally approve the Service Plan with three conditions.

The conditions were as follows:
1.) A financial plan that is acceptable to City Council is received;
2.) An Intergovernmental Agreement (IGA) is agreed to by City Council; and
3.) Any amendments or modifications to the service plan based on the financial plan or IGA are agreed to by City Council.

CRITERIA BY WHICH COUNCIL MUST CONSIDER...

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