1. Jefferson County Planning Commissioners Hearing June 26, 2013
Case No SV
Table Mountain Metropolitan District
Service Plan
Case Manager: Russell D. Clark

2. Jefferson County Table Mountain Metropolitan District:
Potential Services Outlined in Service Plan:
Street Improvements
Mosquito Control
Covenant Enforcement
Development Summary:
Number of Residential Units: Residential Units
Estimated Population: People
Service Area: ~ acres
Build Out Time: years
The District proposes to provide park and recreation services to the residents by the creation and maintenance of trails and open lands. The service area for Foothills Park and Recreation District currently overlaps the proposed service area of this District. The applicant is of the opinion that this is not a duplication of services since Foothills Park and Recreation District provides “regional” services, while they would provide on-site services.
Southwest Metro Water & Sanitation District provides Water & Sanitation services in the area. Their Board of Directors has a meeting scheduled for today to discuss whether to consent to this district as currently proposed.

3. Jefferson County

4. Jefferson County Table Mountain Metropolitan District:
Mill Levy Summary:
Max Mill Levy – Debt Service: 50
Max Mill Levy – Operations: 10
Max Total Mill Levy for District: 60
Total Mills for Property:
Projected Property Taxes:
Average Home Value:
Estate (24): $570,000
SFD-5000 (63): $470,000
SFD-3500 (63): $425,000
SFA Patio (26): $365,000
Total Annual Taxes & Fees:
Estate: $6,500
SFD-5000: $5,360
SFD-3500: $4,846
SFA Patio: $4,162

5. Jefferson County Table Mountain Metropolitan District:
Financial Plan Indebtedness Summary:
Total Cost of Facilities: $4,850,000
Max Bonded Indebtedness: $5,000,000
Bonded Indebtedness per Finance Plan: $4,075,000
Financial Plan Interest Summary:
Max Interest Paid on Bonds 10%
Interest Paid on Bonds per Finance Plan: 6%
Projected Indebtedness Summary:
Average Indebtedness per Home: $9,656

6. Jefferson County Table Mountain Metropolitan District:
Original Service Plan included Park & Recreation:
Prospect Recreation & Park District declined the requested overlap agreement. Table Mountain has modified their Service Plan to exclude Park & Recreation services. The proposed pool will still be built, but the applicant will not be eligible to use bonds to recover the costs associated with the construction of the pool facility. Also, the operations mill levy will not be used to fund the ongoing operational expenses associated with the pool. The HOA will fund the operations and maintenance of the pool facility.
The Service Plan still has some cleaning up to do since these changes were proposed.
Since public notice was sent with “Foothills Metropolitan District” as the name, staff has not changed the name on this presentation.

7. Jefferson County Table Mountain Metropolitan District: No Yes
Statutory Criteria Analysis of Service Plan. Denial of a service plan is required if the applicant does not satisfactorily establish:
Meets Criteria 1
There is sufficient existing and projected need for organized service in the area to be serviced by the proposed special district No 2
The existing service in the area to be served by the proposed special district is inadequate for present and projected needs.
Yes 3
The proposed special district is capable of providing economical and sufficient service to the area within its proposed boundaries. 4
The area to be included in the proposed special district has, or will have, the financial ability to discharge the proposed indebtedness on a reasonable basis.
The proposed District meets some of the state statute criteria as discussed in the staff report. Some of the criteria are highlighted on the screen.
1 Staff is not convinced that there is a compelling need for this District related to funding the ordinary construction of public improvements within this single family residential development; however, staff does support the creation of a District to provide the ongoing services that would typically be provided by a homeowners’ association.

8. Jefferson County Table Mountain Metropolitan District: Yes ?
Statutory Criteria Analysis of Service Plan. Denial of a service plan may occur if the applicant does not satisfactorily establish:
Meets Criteria 1
Adequate service is not, or will not be, available to the area through the county, other existing municipal or quasi-municipal corporations, including existing special districts, within a reasonable time and on a comparable basis
Yes 2
The facility and service standards of the proposed special district are compatible with the facility and service standards of each county within which the proposed special district is to be located. 3
The proposal is in substantial compliance with the master plan. 4
The proposal is in compliance with any duly adopted county, regional, or state long-range water quality management plan for the area. 5
The creation of the proposed special district will be in the best interests of the area proposed to be served. ?
The proposed District meets all of the state statute criteria as discussed in the staff report. Some of the criteria are highlighted on the screen. .
Staff is of the opinion that the formation of a District to perform the types of services that are provided by a homeowner's association may be in the best interest of the property owners to be served. The formation of the District eliminates the need for a homeowners' association, allowing the cost of the services provided to be collected by the County through taxes. This results in operational efficiencies, as the County collects the taxes that the District levies, eliminating the costs associated with managing and billing individual accounts, and expensive collection efforts on the part of a homeowners' association. Additionally, since taxes are collected for the cost of these management services a homeowner should be able to deduct the cost of these services on tax returns, rather than paying non-deductible HOA dues.
However, the construction of public improvements proposed by the District may be able to be provided through other financing methods (i.e. developer funds construction costs and is reimbursed through lot sales) which may be in the better interest of the area to be served.

9. Jefferson County Table Mountain Metropolitan District: No Yes
Policies & Procedures Manual Criteria Analysis of Service Plan.
Meets Criteria 1
For residential developments, the use of special districts solely as a financing mechanism for the construction of improvements listed in the Land Development Regulation is discouraged. No 2
Special Districts are encouraged to provide information to developers or builders within the district to enable the developers or builders to describe, in marketing materials aimed at prospective homeowners, the amount of mill levy imposed by their particular district and how this translates into an annual cost/tax to homeowners..
Yes
The proposed District does not meet all of the Policies & Procedures Manual criteria as discussed in the staff report.
Based on this statement and the analysis of the District, Staff is of the opinion that ordinary improvements required by the Land Development Regulation should be funded by the developer and that the developer should recoup the costs associated with the construction of those improvements through the sale of lots and the construction of homes. The future owners of the houses within this development should not be burdened with significantly increased taxes. For these reasons, staff is not of the opinion that there is a compelling need to create a District for the purpose of funding of infrastructure costs within the single family residential areas.

10. Jefferson County Staff Recommendation: Service Plan
Staff recommends that the Planning Commission DENY the Table Mountain Metropolitan District Service Plan. However, if the PC wishes to approve the Service Plan, staff recommends the following conditions.
That the service plan be revised to require that the district record a notice to purchasers within the service area listing the services provided by the district along with a sample calculation of the anticipated taxes.
That the mosquito control report be incorporated into the Service Plan, and modified as noted in the comments from Jefferson County Public Health.
That the service plan be revised so that the District is not being used as the primary funding mechanism for the ordinary improvements required by the Land Development Regulation.
Staff recommends the Board of County Commissioners APPROVE the exclusion requests based on the following findings:
The property owners that have requested their land to be excluded make up a small portion (4%) of the property owners within the district.
The total acreage of the properties requesting to be excluded is 4,338; which is 11% of the total taxable acreage in the district.
Once/if the district is formed, the process to include a parcel of land in the district boundary is easier than the process to exclude a parcel of land. A parcel of property that is excluded at this time can be included at a future time if the owner wishes.
and
Staff recommends that the Board of County Commissioners find that based on the information provided, the Conifer Area Park and Recreation District service plan is in compliance with Colorado State Statute requirements and that the Board of County Commissioners APPROVE the Conifer Area Park and Recreation District Service Plan with the following condition:
Revisions to the Service Plan legal description to reflect the approved exclusion requests.