Swan Ranch Development Agreement

At a glance

Based on auto-generated captions; names and details may be misheard.

  • What: 2026 development agreement (agenda item 34E) between the City and Granite Peak Development LP and related landowners for the Swan Ranch area, replacing the 2011 and 2013 agreements.
  • Where it stands: Finance Committee recommended approval on 2026-10-20, with Moody voting no.
  • Next: City Council vote.

Key terms

  • Defines a new Swan Ranch area excluding railroad lands, land east of I-25 and land north of the boundary; prior fees no longer to be paid.
  • Public infrastructure fee stays at $1,400 per acre but capped at $1,742,824. Held balance $267,766; accrued unpaid $77,126; net $1,397,932 to be collected, due within 30 days of execution, with 8% annual interest on outstanding amounts.
  • Fees limited to infrastructure benefiting the Swan Ranch area, including sidewalks and multi-use paths on Clear Creek Parkway.
  • Roadway standards finalized (Exhibit C). A traffic study showed the originally envisioned five-lane Clear Creek Parkway is not needed; intersection improvements at two intersections are expected instead.

Discussion

  • Presented by city engineer Cobb; negotiated about two years, led by City Attorney Brody. A Granite Peak representative was present for questions.
  • No questions or public comment; Moody's reason for voting no was not stated.

Sources

Discussion time

About 4 minutes across 1 meeting (from transcript timestamps; approximate).

Meeting Minutes
2026-10-20 - Finance Committee 4

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