Seven districts approved for Northgate Lake
Ordinance 2026-12 approves a consolidated service plan for seven independent districts covering about 301 acres in Severance. The districts may finance public improvements and operate and maintain improvements not accepted by another public entity. The plan projects 671 single-family homes, 200 multifamily dwellings and about 350,000 square feet of commercial space. Kyle Russell estimated capital improvements at about $112,114,342 and said the districts could issue up to $80 million in debt, with a maximum debt-levy term of 40 years. The applicant also said the hearing notice was one day short of the required period and proponents expected to return October 27 to ensure adequate notice. The districts must reimburse the town’s attorney and consultant costs before issuing debt; before or on the effective date of any development or land-use approvals, they may not issue debt, impose debt-repayment levies or fees, or levy special assessments. The ordinance takes effect 30 days after publication and says the town has not independently verified the plan’s financial information or guaranteed the districts’ viability.