To: Honorable Mayor and Members of Town Council
Through: David L. Corliss, Town Manager
From: Tara Vargish, P.E., Director, Development Services
Title
Ordinance Approving the First Amendment to the Dawson Trails Development Agreement (First Reading) [property located west of Interstate 25 and north and south of Territorial Road]
Body
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Executive Summary
ACM Dawson Trails VIII JV LLC (the “Master Developer”) requests approval of a First Amendment to the Dawson Trails Development Agreement originally dated September 6, 2022 (recorded February 8, 2023). The Amendment updates select provisions related to rear yard landscaping installation responsibilities within the Water Efficiency Plan and the timing of building permits and certificates of occupancy (COs) relative to completion of the Castle Valley Interchange (CVI).
Specifically, the Amendment:
1. Allows rear yard landscaping in residential areas to be installed either by the builder or the homeowner, provided Town water efficiency standards are met;
2. Allows up to 1,500 residential units to receive vertical building permits and COs prior to CVI opening; and
3. Allows commercial building permits to be issued prior to CVI opening, while continuing to prohibit commercial COs until CVI is open to the public.
CVI is currently expected to be substantially complete in 2027. Residential and commercial vertical construction in Dawson Trails is tracking on a similar timeline. As of this date, two Site Development Plans (SDPs) totaling 485 residential units have been approved, with an additional SDP for 100 townhomes under review. The Costco SDP has been approved, and the King Soopers SDP is currently under review. Additional commercial SDPs are anticipated in the coming months.
Staff review of anticipated construction schedules indicates that most early-release residential units are unlikely to be ready for occupancy prior to the current CVI completion date; however, schedule shifts could result in limited early occupancy. The proposed Amendment provides flexibility and certainty for development while maintaining public safety and transportation objectives.
Budget Impact
No direct budget impact is anticipated. The Amendment clarifies phasing, permitting, and developer responsibilities already associated with public safety access and transportation infrastructure timing.
Staff Recommendation
Staff recommends approval of the First Amendment to the Dawson Trails Development Agreement, which:
1. Removes the requirement that residential rear yard landscaping be installed only by the builder;
2. Allows building permits and certificates of occupancy for up to 1,500 residential units prior to CVI opening; and
3. Allows commercial building permits to be issued prior to CVI opening, while withholding certificates of occupancy for commercial uses until CVI is open to the public.
Proposed Motion
Option 1: Approval
“I move to approve the Ordinance as introduced by title.”
Option 2: Approval with Conditions
“I move to approve Ordinance as introduced by title, with the following conditions:” (list conditions)
Option 3: Continue item to next hearing (need more information to make decision)
“I move to continue this item to the Town Council meeting on [date], 2026, at [time].”
Attachments
Attachment A: Dawson Trails DA Amendment 1
Attachment B: Ordinance
Attachment C: Dawson Trails Development Agr