Resolution Approving the Amended and Restated Consolidated
Service Plan for Valley View Metropolitan District Nos. 1-3;
Authorizing the Execution of an Amended and Restated
Intergovernmental Agreement by and Between the Town of Castle
Rock and the Districts [location: approximately 409-acre Canyons Far
South development, east of Founders Parkway, south of Crowfoot Valley
Road, north of Crimson Sky Drive and west of Castle Oaks Drive]
Mike Hyman, Town Attorney, presented the item.
Mayor Pro Tem Cavey recalled that mill levies were capped at 60 mills. Hyman
stated staff agreed to allow the max to be 70 mills because of this development.
Corliss stated they also weighed that and the developer modified the site
development plan to accommodate residents, which has increased their costs.
They will get a completed park and changes to road and sidewalk improvements
that are public improvements, but they are not extending the time.
Cavey asked what the special assessments may be. Corliss stated it will be an
assessment not a mill levy.
District Council for the developer stated these assessments will not be paid by the
end user. They will be paid by the builder.
Councilmember Dietz confirmed the assessments do not affect the mill levy and
asked if the assessments need to come to Council. Hyman stated that is between
the developer and the builder.
Moved by Mayor Pro Tem Cavey, seconded by Councilmember Dietz, to Approve
Resolution RES 2026-047 as presented. The motion passed by a vote of:
6 - Gray, Cavey, Hollingshead, Bracken, Davis, Dietz
Yes:
Valley View Metropolitan District No. 1 - Review of Proposed Bond
Issuance [location: approximately 409-acre Canyons Far South
development, east of Founders Parkway, south of Crowfoot Valley Road,
north of Crimson Sky Drive and west of Castle Oaks Drive]
Mike Hyman, Town Attorney, presented the item.
No public comment.
Ordinance Approving the First Amendment to the 2026 Fiscal Year
Budget by Making Supplemental Appropriations for the 2026 Fiscal
Year First Reading)
Pete Managers, Assistant Director of Finance, presented the item.
Councilmember Dietz inquired about the Arch Flash Assessment.
Mark Marlowe, Director of Castle Rock Water, explained the process.
Mayor Pro Tem Cavey recused herself as this involves Axom.
No public comment.
Moved by Councilmember Hollingshead, seconded by Councilmember Davis, to
Approve Ordinance ORD 2026-012 as presented. The motion passed by a vote of: