Approval of Waterset Wolf Creek Phase B Development

The Frame

What this does

This action formalizes the development requirements for the Waterset Wolf Creek Phase B project, ensuring that the developer provides over $7.4 million in financial security to guarantee the completion and maintenance of public infrastructure.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Waterset Wolf Creek Phase B developer

The developer must provide performance and warranty bonds and adhere to the terms of the Subdivider's Agreements.

Development Review Division

The division is granted administrative authority to accept infrastructure and release financial securities.

What changed

Last recorded activity September 12, 2023.

What's next

Next step not available in the current record.

Summary

This ordinance approves the official land map () for the Waterset Wolf Creek Phase B development and authorizes the release of construction bonds once infrastructure is completed and inspected. It also establishes financial security requirements for the project's roads, utilities, and lot markers.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

This action formalizes the development requirements for the Waterset Wolf Creek Phase B project, ensuring that the developer provides over $7.4 million in financial security to guarantee the completion and maintenance of public infrastructure.

Frequently Asked Questions

What happens to the infrastructure if it is damaged?

The developer is required to correct any failure, deterioration, or damage to the improvement facilities before the is released.

Why are there bonds involved in this project?

The bonds serve as financial security to ensure that the developer completes the required infrastructure, such as roads and utilities, and addresses any defects during the warranty period.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Exemption from School Concurrency

The project is explicitly exempted from school concurrency requirements due to its status as a deed-restricted 55+ development.

Waterset Wolf Creek Phase B

Connected Entities

organizationDevelopment Review Division“Division within Development Services Department”Map →

locationSection 27, Township 31, and Range 19“Location of the development”Map →

organizationWaterset Wolf Creek Phase B“The development project”Map →

otherSchool Concurrency“A condition not applicable to this project”Map →

personChairman“Authorized to execute agreements”Map →

organizationDevelopment Services Department“Department overseeing development review”Map →

Sources

Open source document

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Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level