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2008-62
A RESOLUTION
AUTHORIZING AN EXTENSION OF THE DEADLINE TO FILE A SERVICE PLAN AMENDMENT FOR FOSSIL RIDGE METROPOLITAN DISTRICT NO. 4
WHEREAS, the City Council of the City of Lakewood conditionally approved a Service Plan for the Fossil Ridge Metropolitan District No. 4 on August 8, 2005; and
WHEREAS, pursuant to a Second Amended and Restated Service Plan approved by the City Council on August 27, 2007, Fossil Ridge Metropolitan District No. 4 is required to receive approval from City Council by December 31, 2008 of an amendment that sets forth more detail regarding facilities and services to be provided by Fossil Ridge Metropolitan District No. 4 and a financing plan to do so; and
WHEREAS, the property owners within Fossil Ridge Metropolitan District No. 4 have requested that an extension be granted due to the current economic circumstances which make development undesirable; and
WHEREAS, the City Council has considered such request and is willing to grant a one-year extension of the deadline to file such amendment.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakewood.
SECTION 1. The City Council of the City of Lakewood hereby approves an extension until December 31, 2009 for Fossil Ridge Metropolitan District No. 4 to obtain approval from City Council of an amendment to the Second Amended and Restated Service Plan, which amendment must contain all of the requirements as set forth in the Second Amended and Restated Service Plan.
INTRODUCED, READ AND ADOPTED by a vote of 10 for and 0 against at a regular meeting of the City Council on September 8, 2008, at 7 o'clock p.m. at Lakewood Civic Center, 480 South Allison Parkway, Lakewood, Colorado.
Bob Murphy, Mayor
ATTEST:
Margy Greer, City Clerk
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