Board of Trustees Action Items
Wednesday, August 10, 2022

Regular Meeting Time Adjusted

The Board of Trustees has changed their regular meeting time. Beginning on Wednesday, August 24, 2022, the time will move from a 7:00 p.m. start to 6:30 p.m. The Board of Trustees will continue to meet on the 2^nd and 4^th Wednesday of every month for Regular Meetings, meet in a Work Session on the 3^rd Wednesday of the month, and host Chat with a Trustee events on the 1^st Wednesday of the month.

View the upcoming calendar of meetings and events at www.firestoneco.gov/calendar.

Police Department Introductions

During Wednesday night's meeting, Firestone Police Chief David Angelo introduced two of the Police Department's newest hires, Officer Sandusky, who started with the department in April, and Officer Wickey, who started in June. In addition, Chief Angelo introduced Commander Stroud, who was recently promoted and has been with the Department for over 15 years. Read more about that promotion here.

Vistosa Hearings Continued

The Board of Trustees opened and continued the following public hearings, all related to the Vistosa development project:

Ordinance 1019: An ordinance to approve a design overlay application for the Vistosa Development
Resolution 22-88: A resolution to approve a preliminary subdivision plat for property located within the Vistosa subdivision
Resolution 22-95: A resolution to approve an amended and restated service plan for the Springs Metropolitan District
Resolution 22-96: A resolution to approve an amended and restated service plan for the Springs South Metropolitan District

These items were continued to the August 24, 2022 Board of Trustees meeting. During that meeting, the public will have an opportunity to provide public comment in addition, Town staff and the applicant will also be providing presentations before the Board of Trustees deliberates.

Firestone Pit Property Purchased & Sale Agreement Approved

During the Wednesday night meeting, the Board of Trustees approved Resolution 22-98, approving the Purchase and Sale agreement with LG Everist Inc. for the purchase of the Firestone Pit Property.

The Town's Water Team has been working on implementing the 2020-2050 Water Action Plan. The plan identifies the need for the acquisition of additional water supplies and facilities. Currently, the Town has completed the infrastructure project at Firestone Reservoir No. 1 and held the initial closing of Firestone Reservoir No. 2, which is deliverable in early 2026. The Town has successfully purchased additional water shares of the New Consolidated Lower Boulder Reservoir and Ditch Company, Rural Ditch Company, and New Coal Ridge Ditch Company. As a continuation of these efforts, the Town's Water Team has successfully negotiated the purchase of a future water storage reservoir known as the Firestone Pit, currently owned and being mined by LG Everist, Inc. and Last Chance Ditch Company water rights. With the approval of this agreement, the Town will acquire the following water assets:

Ownership of the land containing the water storage reservoir is being developed through continued gravel mining by LG Everist, Inc. through 2031. Estimated storage capacity of 6,000 acre-feet and a minimum storage capacity of 5,400 acre-ft.
3 and 1/6 shares of Last Chance Ditch Company water rights.

Additional Information

View the complete August 10, 2022 Board of Trustees Meeting Packet here.

Board of Trustees Action Items are brief summaries of some, but not all, agenda items and do not serve as the official meeting minutes. To request approved meeting minutes of Board of Trustees meetings, please contact the Town Clerk's Office at townclerk@firestoneco.gov.