Frequently Asked Questions.
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What does PID stand for?
It stands for Public Improvement District.
What is the cost for the entire project?
The estimated cost of the project would be $2 million, according to current estimates.
How much is the Mill Levy?
As it stands, it is at 105.245 per lot at a total for the first year of $466,000 with the levy amount increasing annually based on assessed values. Fund collection will occur 2027 through 2030 if the PID is agreed to.
When will construction begin?
Construction is slated to start in 2031 with planning for it in 2030.
Is there an alternative to the PID process?
There is a process of an LID (Loan Improvement District) with a cost of over $3100 per lot per year over 10 years.
If we get our subdivision road issue on the ballot in 2026, can someone who owns a home in this subdivision but who votes in a different county or state, vote on our road issue?
You have to be a registered voter in Colorado to vote on the road issue. If you vote in Larimer County, the road issue proposal will show up on your ballot. If you vote in a different county in Colorado, there is a form that can be filled out by Larimer County that will allow the ballot measure to show up on your ballot (or a separate ballot) where you vote in Colorado.
Out of state residents who own property in the subdivision but are registered to vote in another state, cannot vote on this ballot initiative.
If I sell my property with a PID, do I need to pay the remaining special assessment amount before I sell the property?
No. The special assessment would continue with the new property owner.
Once the PID special assessment is established, will the amount ever change or go down?
Yes. When the PID special assessment is established, it is normally established for a five year period. Once the road restoration project is complete, the County can work with the Subdivisions Road and Board Committee to lower that amount. The lowered amount would stockpile funds for the next large project that would be the responsibility of the subdivision or for things that the subdivision wants like more snow plowing.
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When is the petition for the PID?
The plan is to ask the subdivision to sign a petition (probably March or April timeframe) to place the PID measure on the ballot. That way, the subdivision can vote on whether or not to set up a PID for the road maintenance.
Are we proceeding with the PID?
A PID appears to be the most equitable and sustainable path forward for our neighborhood. However, we will ask folks to sign a petition to place the PID road project issue on the November ballot. From there, it will depend on the voting for the ballot measure.
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