This service plan provides evidence that:
A. There is a projected need for organized public services in the area to be serviced by the district. The distance from the service plan area to existing service providers within Lincoln County creates a burden upon the county from both an expenditure and service perspective. The district alleviates the county's financial and service obligations to provide certain services outside its traditional service territories.
B. The existing service in the area to be served by the district is not adequate for projected needs. Currently there are no existing services with the service plan area. The district provides the vehicle to allow a local government jurisdiction to create interlocal agreements and other arrangements that can provide the administration and revenue generation that would permit certain service providers near the service plan area to service the community through the district.
C. Adequate service will not be available to the area through municipal annexation by other existing municipal or quasi- municipal corporations within a reasonable time and on a comparable basis. Other than Lincoln County, the closest jurisdiction to the service plan area is the town of Alamo. Currently, the base of infrastructure for Alamo town is further than thirty (30) miles from the service plan area. Even if Alamo town could annex the service plan area, it would be difficult for Alamo town to provide comparable services given the exorbitant costs of extending infrastructure to the Coyote Springs - Lincoln County general improvement district service plan service plan area.
D. The district is capable of providing economic and sufficient service to the area within its proposed boundaries. As outlined within this chapter, the district will have the capability, in conjunction with other local service providers, to meet the service needs within the community. In addition, the district provides local residents with access to more immediate response to local needs and insulates the county from day to day management and operational duties.
E. The area to be included in the district will have the financial ability to discharge the proposed indebtedness, other securities, or other obligations to be incurred on a reasonable basis. Since initial phases of development are financed through CSI and its partners, the initial development will provide an existing tax base for the district to support indebtedness in line with growth within the community through authorized revenue sources supported by the homeowners and businesses within the community. The developed private properties will have the value to support future acquisition, maintenance, and operational costs of the district through authorized revenue sources supported by those private properties.
F. The facility and service standards of the district are compatible with the facility and service standards of adjacent municipalities and special districts. In general, the district will utilize the service standards of surrounding jurisdictions and agencies as the basis for developing facilities and infrastructure within the community as outlined within this service plan.
G. The district is not being formed for the primary purpose of financing the cost of developing private property. The landowner and its affiliates and partners will initially finance the cost of developing private property as well other improvements that will eventually be dedicated or acquired by the district within the service plan area. The developed private properties will have the value to support future acquisition, maintenance, and operational costs of the district through tax levies, fees, and assessments made upon those developed private properties. Given the magnitude of the service area boundaries, the district provides the opportunity to represent the impartial local service needs of all residents of the community separate from CSI.
Eventually the community will be complete, and CSI will no longer be involved in the community. At such time or before, the community will need a local jurisdiction that services its needs. The district provides the logical vehicle to meet the community's short term and long term service needs.
The district will be financially capable and best positioned to provide the proposed services within the service plan area, while complementing the services provided by Lincoln County. Although the costs to the district of providing these services will not be minimal, the number and value of the properties to be developed in the service plan area will be sufficient to generate the authorized revenues necessary to fund these service costs. As the service plan area develops, the residents will become active in the decisions made by the district board of trustees regarding the expansion, operation, and maintenance levels of the district's services and facilities. Those community resident influenced decisions will help dictate the future amount of authorized revenues that are to be paid by residents to maintain the quality of district provided services and facilities that are available to the residents and guests of the service plan area. (Res. 2005-06, 5-4-2005)
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