Monument to consider accepting Conexus land for drainage and open space
A proposal before the Town Council would put maintenance of two northern tracts on the town, while a metropolitan district would maintain a southern tract.
Monument’s Town Council is scheduled to hold a public hearing Oct. 5 on a proposal to accept land from Conexus LLC, including two tracts the town would maintain and improve. The agenda lists the hearing on Ordinance No. 26-2026 and consideration of a temporary sewer-access measure; neither action has been approved yet.
The proposed ordinance would convey Tracts A, D and E to the town. Triview Metropolitan District would maintain Tract A, while Monument would maintain and improve Tracts D and E. The timing and scope of improvements to the northern tracts have not been determined, a staff presentation says. The transfer is required under a development agreement after specified approvals and recording of a final plat.
The proposed deed would limit Conexus’ title warranty to claims made by, through or under the company, and lists exceptions including existing easements and development-related restrictions. The draft deed contains those terms. A staff memo says Monument’s code calls for a general warranty deed for a fee-simple conveyance, while the special warranty deed follows the development agreement and was prepared at Conexus’ request. The memo cites Monument Municipal Code § 18.02.320(A)(2).
The memo says Conexus provided a title insurance commitment and that a policy with a coverage amount of $1,106,822 would be issued to the town after closing. That amount is not a purchase price. Title insurance covers specified title risks, with coverage depending on the policy and its exceptions; the Colorado Division of Insurance explains that a title commitment identifies coverage requirements and exceptions.
A companion measure would give Woodmoor Water and Sanitation District No. 1 temporary access to Tract E to repair a sewer line. The draft license agreement sets Dec. 31, 2026, as the end date and allows an extension by mutual agreement if work is unfinished. Staff says a sewer easement executed in 1966 but never recorded must be recorded before the land transfer closes.