Owners of property in the Falcon Vista development voted 41 to 0 in favor of a resolution to issue state and federal tax-free bonds at a rate of 6 percent, said Carl Schueler, manager of El Paso County’s long range planning division. Money from the sale of the bonds will be used to pay for infrastructure improvements, such as roads and utilities at the development, under a local improvement district formed by the county in May.Schueler’s department ran the mail-in ballot election. Ballots were sent only to property owners who live in Colorado. Just one property owner lives in El Paso County. Schueler said his department received 42 ballots. One ballot was disqualified.The next step is for the board of county commissioners to put assessments on the property, which will be done on Dec. 6, Schueler said. Work on the improvements has already been started, but “the roads are still not paved because there was a glitch related to the gas company wanting to change the way they put their lines in,” Schueler said.
