NOTICE: THE PUBLIC HEARING ON THE VISTAS AT WEST MESA MD AMENDED AND RESTATED SERVICE PLAN WILL BE HELD ON FEBRUARY 14, 2023 AT 10:00 AM. THE MEETING WILL BE HELD AT CITY HALL COUNCIL CHAMBERS LOCATED AT 107 NORTH NEVADA AVENUE, COLORADO SPRINGS, CO 80903. CLICK HERE TO VIEW NOTICE
For 2023, Vistas at West Mesa Metropolitan District has established a mill levy of 30 mills obligated to pay off Debt and 5 mills budgeted to fund operations and maintenance within the District. The maturity date for the current debt is set for December 1, 2051 and there are no discussions currently regarding additional Long Term Financial Obligations being anticipated.
The Board of Directors is currently working to adopt an Amended Service Plan, which if adopted, will increase the Maximum Debt mill levy to 50 mills and increase the Maximum Operations and Maintenance mill levy to 20 mills. Therefore, the mills may increase in the future as the district debt is paid off and as maintenance expenses increase.
Here is a summary of the District’s current outstanding Long Term Financial Obligations:
|Name of Debt||Initial Debt Issuance Amount||Maturity Date||Interest Rate|
|Capital Appreciation Bonds||$1,381,000||Dec. 1, 2051||6.750%|
The primary purpose of the Vistas at West Mesa Metropolitan District is to collect tax revenue for the repayment of the current Long Term Debt; and to provide for the operations and maintenance of the streets, curb and gutter, sidewalks, detention facilities, trails, and public landscaping. The District may also provide Covenant enforcement and trash service. At this time, the District does not anticipate providing any additional primary functions.
The District has not yet taken ownership of any Tracts, although the anticipated area can be viewed on the Boundary Map.
CURRENT BOARD OF DIRECTORS
|Jeff Powles||President||May 2023||Jeff.P@VistasAtWestMesaMD.org||Developer|
|Slade Nelson||Vice President||May 2025||Slade.N@VistasAtWestMesaMD.org||Developer|
|Thomas Pucciano||Secretary||May 2025||Thomas.P@VistasAtWestMesaMD.org||Developer|
|Russ Watterson||Assistant Secretary||May 2023||Russ.W@VistasAtWestMesaMD.org||Developer|
|Chris Musselman||Treasurer||Term to May 2025, |
2023 Meeting Schedule: The Board determines to hold regular meetings on the second Friday of the month, starting in February of 2023, at 11:00 A.M. by telephone, electronic, or other means not including physical presence.
Virtual Meeting Instructions:
|Board Meeting Agenda Packets||Board Meeting Minutes|
November 30, 2022 Board Meeting Agenda and Packet
November 16, 2022 Work Session Agenda and Packet
November 11, 2022 Board Meeting Agenda and Packet
October 14, 2022 Board Meeting Agenda and Packet
September 9, 2022 Board Meeting Agenda
July 8, 2022 Board Meeting Agenda and Packet
June 10, 2022 Board Meeting Agenda and Packet
April 8, 2022 Notice of Special Meeting
April 8, 2022 Board Meeting Agenda and Packet
March 11, 2022 Board Meeting Packet
November 30, 2022 Board Meeting Minutes
November 16, 2022 Board Meeting Minutes
November 11, 2022 Board Meeting Minutes
October 14, 2022 Board Meeting Minutes
September 9, 2022 Board Meeting Minutes
July 8, 2022 Board Meeting Minutes
June 10, 2022 Board Meeting Minutes
April 8, 2022 Board Meeting Minutes
March 11, 2022 Board Meeting Minutes
December 21, 2021 Board Meeting Agenda
December 10, 2021 Board Meeting Minutes