Colorado Springs votes to dissolve Old Colorado City development authority
The authority, created after a 2024 voter approval, will dissolve Oct. 1 after voters did not approve a mill levy to fund it.
Colorado Springs City Council voted Sept. 22 to dissolve the Old Colorado City Downtown Development Authority. The dissolution takes effect Oct. 1, the signed ordinance says.
Voters approved creating the authority in November 2024 but did not approve a mill levy to support it. The ordinance cites the lack of a voter-approved levy and consistent funding as reasons for the dissolution.
The authority had not yet received approval for its proposed Plan of Development. At a June meeting, the board said the plan was still under review by city departments before consideration by the Planning Commission and City Council, according to the meeting minutes. The board held Summer Nights events in June. DDA chair Adam Stepan told The Gazette that a levy could support hiring a full-time director and pursuing larger infill projects along Colorado Avenue; those were proposed goals, not funded commitments.
A business improvement district was discussed as a possible alternative at a Sept. 8 council meeting, according to the council minutes.