NOTICE OF CITY COUNCIL PUBLIC HEARING
PUBLIC NOTICE IS HEREBY GIVEN that there has been filed with the City Clerk, City of Thornton, Adams County, Colorado, an Amendment to Service Plan and related documents for the York Street Metropolitan District (the "District"). A map of the District along with the proposed Amendment to Service Plan are now on file at the City of Thornton City Hall, 9500 Civic Center Drive, Thornton, Colorado, 80229-4326, and are available for public inspection.
NOTICE IS HEREBY FURTHER GIVEN that the City Council of the City of Thornton, Adams County, Colorado, will hold a public hearing at 7:00 pm, or as soon as possible thereafter, on Tuesday, December 17, 2019, in the Council Chambers at the Thornton City Hall, 9500 Civic Center Drive, Thornton, Colorado, to consider approval of the Amendment to Service Plan.
The District consists of approximately thirty-five (35) acres of residential land and is located entirely within the City of Thornton, and is generally located south of E. 152nd Avenue and west of York Street.
The District was previously organized as a metropolitan district to finance the construction of certain public improvements for the Fairfield Subdivision and has the authority to impose a mill levy for repayment of debt and for limited administrative, operation and maintenance purposes. The purpose of the Amendment to Service Plan is to increase the total debt issuance limitation commensurate with public improvements costs.
For debt service, the maximum mill levy that may be imposed upon taxable property within the District's boundaries shall not exceed fifty (50) mills; however, this maximum shall not apply when the total amount of debt is equal to or less than fifty percent (50%) of the District's assessed valuation. There is no maximum mill levy limit that may be imposed by the District upon taxable property within the District for operations and maintenance. If the method of calculating assessed valuation is changed by law, the maximum mill levy may be increased or decreased to reflect such changes.
NOTICE IS FURTHER GIVEN that any protests or objections to the District's proposed Amendment to Service Plan must be submitted in writing to the City Council of the City of Thornton at or prior to the hearing, or any continuance or postponement thereof, in order to be considered. All protests and objections to the Amendment to Service Plan, as proposed, shall be deemed waived unless presented in writing at the time and manner specified above.
If you are disabled and need reasonable accommodation to attend or participate in the meeting, please notify the City's ADA Coordinator at 303-538-7245 at least eight (8) hours in advance and arrangements will be made to provide reasonable accommodation. TDD access is available through Colorado Relay at 711 or you can also email the City Development Department at CityDevelopment@ThorntonCO.gov.
CITY COUNCIL OF THE
CITY OF THORNTON, COLORADO
Heidi K Williams, Mayor
ATTEST: Kristen N. Rosenbaum, City Clerk
APPROVED AS TO FORM: Luis A. Corchado, City Attorney
PUBLISHED: November 21, 2019