History
The following is a brief history of the Potomac Farms neighborhood:
August 2001 |
The Potomac Farms Filing No 1 subdivision (comprising 211 homes) is approved by Commerce City and the plat map is filed with the County Clerk & Recorder's Office. |
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November 2001 |
The Potomac Farms Metropolitan District is created. The District is authorized to issue debt to finance the build-out of the roads, storm drains, utility infrastructure, open spaces, perimeter fence lines and street lights throughout the Potomac Farms subdivisions No. 1 and No. 2. |
March 2002 |
The Declaration of Covenants, Conditions and Restrictions of Potomac Farms (i.e. CC&Rs) is executed and the lots in the neighborhood are annexed into and become subject to the CC&Rs.
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May 2002 |
The Potomac Farms Filing No 2 subdivision (comprising 195 homes) is approved by Commerce City and the plat map is filed with the County Clerk & Recorder's Office.
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June 2002 |
The District issues bonds totaling approximately $4.32 million to finance the build-out of the neighborhood's infrastructure.
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July 2002 |
Adare Homes and Capital Pacific Homes begin building homes in Potomac Farms.
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November 2002 |
The Potomac Farms Homeowners Association, Inc. is incorporated and assumes responsibility for enforcing the CC&Rs and providing architectural review services to the neighborhood. All homeowners become shareholders in/owners of the Association.
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Sept. 2007 |
The District issues an additional $1.35 million in debt to pay certain Developer advances to the District.
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2008 |
The nation-wide housing market crash occurs and Adare Homes stops building homes within Potomac Farms. Approximately 182 lots are undeveloped.
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June 2012 |
King Soopers opens its doors for business (located at the intersection of 104th Avenue and Chambers Road)
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July 2013 to June 2015 |
Oakwood Homes purchases the remaining 182 undeveloped lots in Potomac Farms Filing No 2 and begins building and selling homes on each lot.
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March 2016 |
Three homeowners run for election and win three seats on the District's board. This is the first time the District's board is controlled by Potomac Farms homeowners.
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August 2016 |
Commerce City completes construction of Turnberry Park.
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July 2016 |
404 homes are now built and sold within the Potomac Farms neighborhood. Two lots remain undeveloped - one Lot used as the parking lot for the Oakwood model homes (which are now used to sell homes in the Turnberry development) and one Lot owned by a private investor.
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December 2016 |
At the annual HOA meeting, homeowners vote to approve the Board's proposal to transfer the HOA's responsibilities and covenant enforcement powers to the Potomac Farms Metropolitan District.
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January 2017 |
The Association no longer assesses HOA dues and the District assumes responsibility to (1) maintain the common area landscaping, (2) provide covenant enforcement services and (3) provide architectural review services.
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General NEIGHBORHOOD Statistics
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Single-Family Homes |
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High |
Low |
Average |
Lot size |
0.31 acres |
0.13 acres |
0.1558 acres |
Living space (Note A) |
4,068 sqft |
1,281 sqft |
2028 sqft |
Garage size |
683 sqft |
369 sqft |
485 sqft |
Basement size |
1,828 sqft |
350 sqft |
780 sqft |
Bedrooms |
6 rooms |
2 rooms |
3.2 rooms |
Bathrooms |
4.5 bathrooms |
2 bathrooms |
2.7 bathrooms |
Other Data |
# of homes with no basements |
32 |
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Note A -- Living space data excludes the garage and basement.