Updated June 25, 2025
- The ballot initiative to approve debt related to the 2023 Spring Canyon Local Improvement District (LID) was approved by the voters in the LID on November 5, 2024, with a debt cap of $19,580,000.
- In response to an RFP issued in January, the County received a response from one financial institution expressing their interest and terms in providing a loan for the proposed project. This proposal has been accepted, and the project will move forward now that a conditional commitment for financing has been obtained. The loan conditions and terms will be finalized after construction bids are opened in 2026.
- The preliminary design contract was approved at the May 27, 2025, Board of County Commissioners Business meeting, and work is beginning on the preliminary design with a target completion date of December. During this phase of work, applications for approval of both the water storage tank and the sanitary lift station will be submitted to the Colorado Department of Public Health & Environmental (CDPHE).
- Final design and bidding are scheduled for completion in mid-2016, pending state approval of permits.
- Construction is expected to begin in 2026 and be completed in 2027.
- Based on this timeline, the first assessment of property owners will be due in 2028.