Loveland council may let metro district moratorium lapse
Editor’s note: This report was edited to clarify and correct Charles Wolfersberger statement about limiting districts to traditional, fixed debt. BizWest regrets the error.
LOVELAND — Loveland City Council members appear inclined to let the moratorium on metropolitan districts lapse on May 28 but would like to tighten the city’s 17-point criteria for approval of new districts.
In a study session Tuesday night, members of the council reviewed city policies regarding metro districts — the strategy used by developers to tax future residents of districts to pay for installation of infrastructure now. They also heard about potential policy changes, which may be…
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