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water, sewer, and irrigation services to the land. The agreement
also allowed for Regency Group to assign this duty to Triview.
Also during 1987, the adjacent town of Monument and several
land owners agreed to expand Monument’s town limits to include
more residential housing and business areas. On September 22,
1987, the town of Monument annexed Regency Park and other areas
into its city limits pursuant to an Annexation and Development
Agreement with Regency Group and owners of the other land. The
agreement further referenced Triview’s obligation under the
Intergovernmental Agreement to construct several public
facilities within the Triview district, including roads, water
and sanitation plant facilities, parks, and traffic control
systems. JCLC was not a party to the Intergovernmental
Agreement.
In conjunction with the Annexation and Development
Agreement, the town of Monument passed Annexation Ordinance No.
13-87, rezoning the 1,776 acres of Regency Park into a planned
development zone consisting of 1,674 acres. The development zone
designated areas for single-family and multifamily homes,
commercial buildings, and industrial buildings. Landowners
within the development zone could not build on their land until
they obtained a final site plan approval from the town of
Monument.
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Last modified: May 25, 2011